Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
The European Association for the Promotion of Cogeneration from Brussel, company number BE0861467787, closed financial year 2025 with a result of € -7,215 after tax. For that financial year The European Association for the Promotion of Cogeneration recorded a gross margin of € 337,035 and equity of € 249,506. Compared with financial year 2024, the result moved from € -10,556 to € -7,215. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 249,506
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,215
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 147,022
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
4
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 327,442
▼ 15% vs 2024
€ 81,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 67,809
Of which on lease € 67,809.
Debts at end 2025
€ 59,853
Loans from banks and other lenders, long and short.
€ 66,009
▲ € 62,058 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,046
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 342,102 | € 370,536 | € 409,205 | € 337,035 | ▼ 18% |
| Profit after taxes | € -52,011 | € -46,684 | € -10,556 | € -7,215 | ▲ € 3,341 |
| Equity | € 313,961 | € 267,277 | € 256,721 | € 249,506 | ▼ 3% |
| Total debts | € 1,490,673 | € 1,139,199 | € 819,235 | € 296,098 | ▼ 64% |
| Cash | € 1,277,418 | € 866,642 | € 667,575 | € 147,022 | ▼ 78% |
| Retained profit | € 313,961 | € 267,277 | € 256,721 | € 249,506 | ▼ 3% |
| Bank debt | € 25,106 | € 12,365 | € 0 | € 59,853 | |
| Balance sheet total | € 1,966,511 | € 1,582,125 | € 1,075,956 | € 545,604 | ▼ 49% |
| Employees (FTE) | 4.8 | - | 5 | 4 | ▼ 1 |
Key figures of The European Association for the Promotion of Cogeneration, 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 The European Association for the Promotion of Cogeneration?
What happened at The European Association for the Promotion of Cogeneration in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,215. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,011 loss in 2022 to € 7,215 loss in 2025.
Paid € 1,269 in corporate taxes since 2022.
On average € 84,300 of value added per employee in 2025.
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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
Establishments
Establishment units
Physical locations of this company
Aarlenstraat 80
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 29 gross margin · 2023
COGEN World Coalition
€ 1,062 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
- 0861.467.787
- VAT number
- BE 0861.467.787
- Registered office
- Aarlenstraat 80, 1040 Brussel
- Names & denominations
- The European Association for the Promotion of Cogeneration · COGEN Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 November 2003
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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