Financials
Financial year 2025
COGENFIN from Awans, company number BE0691652164, closed financial year 2025 with a result of € 82,102 after tax. For that financial year COGENFIN recorded revenue of € 4.1 million and equity of € 216,175. Compared with financial year 2024, the result moved from € 45,382 to € 82,102. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 216,175
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,102
▲ 81% vs 2024
Profit after tax over the fiscal year.
€ 149,189
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 197,575.
People and assets in 2025
€ 737
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.1 million
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 442,688
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,092
▼ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,228,261 | € 2,432,936 | € 3,597,610 | € 4,132,494 | ▲ 15% |
| Gross margin | € 380,859 | - | € 1,434,157 | € 1,931,414 | ▲ 35% |
| Profit after taxes | € -147,405 | € 128,160 | € 45,382 | € 82,102 | ▲ 81% |
| Equity | € -39,469 | € 88,691 | € 134,073 | € 216,175 | ▲ 61% |
| Total debts | € 7,576,106 | € 9,587,093 | € 15,221,688 | € 14,621,132 | ▼ 4% |
| Cash | € 281,672 | € 9,692 | € 726,932 | € 149,189 | ▼ 79% |
| Retained profit | € -58,069 | € 70,091 | € 115,473 | € 197,575 | ▲ 71% |
| Bank debt | € 5,536,875 | € 7,575,334 | € 11,102,534 | € 11,052,236 | |
| Balance sheet total | € 7,536,637 | € 9,675,784 | € 15,355,760 | € 14,837,307 | ▼ 3% |
Key figures of COGENFIN, 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 COGENFIN?
What happened at COGENFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CONSULFIN SRL stepped down as director. NBB
- JANUS SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 82,102 (▲ 81% vs 2024). Source: NBB ↗
- Gautier GERMAINE stepped down as director. NBB
- Sébastien UGONA stepped down as director. NBB
- Eric DE SEGUINS PAZZIS D'AUBIGNAN stepped down as director. NBB
- Frédéric DARDENNE stepped down as director. NBB
- CONSULFIN SRL became a director. NBB
In short
From € 147,405 loss in 2022 to € 82,102 profit in 2025.
Best year ever: 2023, with € 128,160 profit.
Management
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Frédéric DARDENNE
Director
Also active at: COGEN SERVICE, SOLFIN, ENERGYS MAINTENANCE, REFRECO, ENERGYS, COGENGREEN
since 2020 · until 2025
Sébastien UGONA
Director
Also active at: Coretec Energy Management, CORETEC ENERGY, CORETEC Services, COGEN SERVICE, CORETEC MONITORING, SOLFIN, CORETEC PROJECTS, ENERGYS MAINTENANCE +5 more
since 2020 · until 2026
Eric DE SEGUINS PAZZIS D'AUBIGNAN
Director, Chairman of the board
Also active at: Coretec Energy Management, ENERGYS, COGENGREEN
since 2020 · until 2026
Director · represented by Denis QUETIN
Also active at: CORETEC ENERGY, CORETEC Services, COGEN SERVICE, CORETEC MONITORING, CORETEC PROJECTS, ENERGYS MAINTENANCE, REFRECO, CODEL +2 more
since 2025 · until 2031
Director · represented by Jan LECOMPTE
Also active at: VIABUILD SUD, CORETEC Services, COGEN SERVICE, CORETEC MONITORING, CORETEC PROJECTS, COGENGREEN
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Rue de la Chaudronnerie 14
4340 Awans
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →CORETEC ENERGY same network
€ 720,000 revenue · 2025
CORETEC Services same network
€ 4.2 million revenue · 2025
COGEN SERVICE same network
€ 68,081 revenue · 2025
CORETEC MONITORING same network
€ 77,755 revenue · 2025
CORETEC PROJECTS same network
€ -4,139 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.652.164
- VAT number
- BE 0691.652.164
- Registered office
- Rue de la Chaudronnerie 14, 4340 Awans
- Names & denominations
- COGENFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2018
- Peppol
- Active · Active since 12 Aug 2026
- Activities · NACE
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