Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
COGESTIM from Liège, company number BE0506972973, closed financial year 2025 with a result of € 156,571 after tax. For that financial year COGESTIM recorded a gross margin of € 416,442 and equity of € 13,987. Compared with financial year 2024, the result moved from € 85,273 to € 156,571. Profitable, and profit is growing. The buffer shrank hard: equity is 76 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 13,987
▼ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,571
▲ 84% vs 2024
Profit after tax over the fiscal year.
€ 206,652
▲ 142% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 196,709
▲ 28% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,965
▼ 25% vs 2024
Of which on lease € 16,905.
Debts at end 2025
€ 17,300
▼ 24% vs 2024
€ 6,831 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20,303
▲ 300% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,238
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 360,513 | - | - | |
| Gross margin | € 154,683 | € 224,546 | € 313,790 | € 416,442 | ▲ 33% |
| Profit after taxes | € 16,096 | € 67,070 | € 85,273 | € 156,571 | ▲ 84% |
| Equity | € 15,074 | € 32,144 | € 57,416 | € 13,987 | ▼ 76% |
| Total debts | € 103,866 | € 139,136 | € 128,337 | € 263,499 | ▲ 105% |
| Cash | € 100,023 | € 86,246 | € 85,237 | € 206,652 | ▲ 142% |
| Retained profit | € 12,074 | € 29,144 | € 54,416 | € 10,987 | ▼ 80% |
| Dividend | € 55,000 | € 50,000 | € 60,000 | € 200,000 | ▲ 233% |
| Bank debt | € 0 | € 28,462 | € 22,681 | € 17,300 | ▼ 24% |
| Balance sheet total | € 118,940 | € 171,280 | € 185,753 | € 277,486 | ▲ 49% |
Key figures of COGESTIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COGESTIM?
What happened at COGESTIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 156,571 (▲ 84% vs 2024). filed late Source: NBB ↗
- VALERIE CONRADT became a director. NBB
- PIERRE-RENAUD BORREMANS became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,096 profit in 2022 to € 156,571 profit in 2025.
Paid € 147,379 in corporate taxes since 2022.
Best year ever: 2025, with € 156,571 profit.
Paid out € 365,000 in dividends to the owners in total.
A new publication or filing at COGESTIM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind COGESTIM are VALERIE CONRADT and PIERRE-RENAUD BORREMANS.
Directors
According to the 2025 annual accounts
VALERIE CONRADT
Director
since 2021
PIERRE-RENAUD BORREMANS
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Natalis 2
4020 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0506.972.973
- VAT number
- BE 0506.972.973
- Registered office
- Rue Natalis 2, 4020 Liège
- Names & denominations
- COGESTIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2014
- Peppol
- Not registered
- Activities · NACE
Activiteiten van syndici van onroerend goed