Summary
B.CON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €38,137 and a net result of €6,030. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 52% of 6,640 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€72,180total assets 2025
- Equity
- €38,137
- Profit
- €6,030
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 42 days early0 of 2 deeds read
Signalslowers riskGrowing equityneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €38,137
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
50 days early
2023
49 days early
2022
38 days early
2021
52 days early
2020
56 days early
2019
55 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 13 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end23-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €26,572
Financials · financial year 2025, abbreviated format
Equity
€38,137▲ 18.8%
2024 · €32,107
Net result
€6,030▼ 77.3%
2024 · €26,572
Total assets
€72,180▼ 15.9%
2024 · €85,850
Solvency
52.8%▲ 15.4pp
2024 · 37.4%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 70% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€10,802
2025
Net result€6,030
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€72,180
2025
Equity€38,137
2025
Debt€34,043
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1,603
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency52.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.05
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€1,269-€365▼ 71.2%€573▲ 56.8%-€7,452-€16,673▼ 124%€35,464€10,802▼ 69.5%
Net result€888-€182below the sector's middle half▼ 79.6%€341below the sector's middle half▲ 87.8%-€8,144below the sector's middle half-€16,970below the sector's middle half▼ 108%€26,572within the sector's middle half€6,030within the sector's middle half▼ 77.3%
Equity€30,126-€30,308below the sector's middle half▲ 0.6%€30,649below the sector's middle half▲ 1.1%€22,504below the sector's middle half▼ 26.6%€5,534below the sector's middle half▼ 75.4%€32,107below the sector's middle half▲ 480%€38,137below the sector's middle half▲ 18.8%
Total assets€31,442-€31,809below the sector's middle half▲ 1.2%€77,089below the sector's middle half▲ 142%€71,088below the sector's middle half▼ 7.8%€88,892below the sector's middle half▲ 25.0%€85,850below the sector's middle half▼ 3.4%€72,180below the sector's middle half▼ 15.9%
Debt€1,316-€1,502▲ 14.1%€46,440▲ 2,992%€48,583▲ 4.6%€83,358▲ 71.6%€53,743▼ 35.5%€34,043▼ 36.7%
Working capital€30,126-€26,309within the sector's middle half▼ 12.7%-€23,723within the sector's middle half-€27,024within the sector's middle half▼ 13.9%-€52,366within the sector's middle half▼ 93.8%-€14,238within the sector's middle half▲ 72.8%€1,603within the sector's middle half
Solvency95.8%-95.3%above the sector's middle half▼ 0.5pp39.8%within the sector's middle half▼ 55.5pp31.7%within the sector's middle half▼ 8.1pp6.2%below the sector's middle half▼ 25.4pp37.4%within the sector's middle half▲ 31.2pp52.8%within the sector's middle half▲ 15.4pp
Current ratio23.89-18.52above the sector's middle half▼ 5.370.49within the sector's middle half▼ 18.030.44within the sector's middle half▼ 0.050.37within the sector's middle half▼ 0.060.74within the sector's middle half▲ 0.361.05within the sector's middle half▲ 0.31
Return on assets (ROA)2.8%-0.6%within the sector's middle half▼ 2.3pp0.4%within the sector's middle half▼ 0.1pp-11.5%below the sector's middle half▼ 11.9pp-19.1%below the sector's middle half▼ 7.6pp31.0%above the sector's middle half▲ 50.0pp8.4%within the sector's middle half▼ 22.6pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72,180
Fixed assets
€36,533 ▼ 21.2%
Current assets
€35,646 ▼ 9.8%
Equity and liabilities €72,180
Equity
€38,137 ▲ 18.8%
Debt
€34,043 ▼ 36.7%
Debt's share of the balance-sheet total falls from 62.6% to 47.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
15.8%▼
2024 · 82.8%
Debt ≤ 1 year
€34,043▼
2024 · €53,743
Income taxes
€4,729▼
2024 · €8,838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €609 | €922 | €6,206 | €12,669 | €13,038 | €13,007 | ▼ 0.2% |
| Other operating charges640/8 | - | - | - | €494 | €2,245 | €1,454 | €1,765 | ▲ 21.4% |
| Gross operating margin9900 | €1,883 | €1,495 | €2,016 | -€752 | -€1,759 | €49,956 | €25,573 | ▼ 48.8% |
| Operating profit (loss)9901 | €1,269 | €365 | €573 | -€7,452 | -€16,673 | €35,464 | €10,802 | ▼ 69.5% |
| Financial income75/76B | - | - | - | - | €1 | €18 | - | - |
| Recurring financial income75 | - | - | - | - | €1 | €18 | - | - |
| Financial charges65/66B | - | - | - | €752 | €48 | €71 | €43 | ▼ 39.8% |
| Recurring financial charges65 | €37 | €73 | €44 | €752 | €48 | €71 | €43 | ▼ 39.8% |
| Profit (loss) for the period before taxes9903 | €1,232 | €292 | €529 | -€8,204 | -€16,720 | €35,411 | €10,759 | ▼ 69.6% |
| Income taxes67/77 | €345 | €111 | €188 | -€60 | €250 | €8,838 | €4,729 | ▼ 46.5% |
| Profit (loss) for the period9904 | €888 | €182 | €341 | -€8,144 | -€16,970 | €26,572 | €6,030 | ▼ 77.3% |
| Profit (loss) for the period to be appropriated9905 | €888 | €182 | €341 | -€8,144 | -€16,970 | €26,572 | €6,030 | ▼ 77.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €31,442 | €31,809 | €77,089 | €71,088 | €88,892 | €85,850 | €72,180 | ▼ 15.9% |
| Fixed assets21/28 | - | €3,999 | €54,372 | €50,232 | €57,901 | €46,345 | €36,533 | ▼ 21.2% |
| Tangible fixed assets22/27 | - | €3,999 | €54,372 | €50,232 | €57,901 | €46,345 | €36,533 | ▼ 21.2% |
| Plant, machinery and equipment23 | - | - | - | - | €3,000 | €2,834 | €3,804 | ▲ 34.2% |
| Furniture and vehicles24 | - | - | - | €50,232 | €54,901 | €43,511 | €32,729 | ▼ 24.8% |
| Current assets29/58 | €31,442 | €27,811 | €22,717 | €20,856 | €30,992 | €39,505 | €35,646 | ▼ 9.8% |
| Amounts receivable within one year40/41 | €2,269 | €1,134 | €10,414 | €11,117 | €12,910 | €22,399 | €7,380 | ▼ 67.1% |
| Trade receivables40 | - | - | - | €826 | €7,568 | €22,399 | €7,380 | ▼ 67.1% |
| Other amounts receivable41 | - | - | - | €10,290 | €5,342 | - | - | - |
| Current investments50/53 | €12,723 | €1,357 | €1,357 | €1,357 | €100 | €100 | €100 | = |
| Cash at bank and in hand54/58 | €16,451 | €25,319 | €8,592 | €6,029 | €13,145 | €13,777 | €24,808 | ▲ 80.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,354 | €4,837 | €3,229 | €3,358 | ▲ 4.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €31,442 | €31,809 | €77,089 | €71,088 | €88,892 | €85,850 | €72,180 | ▼ 15.9% |
| Equity10/15 | €30,126 | €30,308 | €30,649 | €22,504 | €5,534 | €32,107 | €38,137 | ▲ 18.8% |
| Contributions10/11 | €20,000 | - | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €28,000 | €33,750 | ▲ 20.5% |
| Distributable reserves133 | - | - | - | €2,000 | €2,000 | €28,000 | €33,750 | ▲ 20.5% |
| Profit (loss) carried forward14 | €8,126 | €8,308 | €8,649 | €504 | -€16,466 | -€15,893 | -€15,613 | ▲ 1.8% |
| Amounts payable17/49 | €1,316 | €1,502 | €46,440 | €48,583 | €83,358 | €53,743 | €34,043 | ▼ 36.7% |
| Amounts payable within one year42/48 | €1,316 | €1,502 | €46,440 | €47,880 | €83,358 | €53,743 | €34,043 | ▼ 36.7% |
| Trade debts44 | €77 | €348 | €348 | - | €886 | €2,494 | €3,357 | ▲ 34.6% |
| Suppliers440/4 | - | - | - | - | €886 | €2,494 | €3,357 | ▲ 34.6% |
| Taxes, remuneration and social security45 | - | - | - | - | €250 | €7,946 | €8,168 | ▲ 2.8% |
| Taxes450/3 | - | - | - | - | €250 | €7,946 | €8,168 | ▲ 2.8% |
| Other amounts payable47/48 | - | - | - | €47,880 | €82,222 | €43,303 | €22,518 | ▼ 48.0% |
| Accrued charges and deferred income492/3 | - | - | - | €703 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €888 | €182 | €341 | -€8,144 | -€16,970 | €26,572 | €6,030 | ▼ 77.3% |
| + Depreciation and write-downs630 | - | €609 | €922 | €6,206 | €12,669 | €13,038 | €13,007 | ▼ 0.2% |
| Operating cash flow (approximation) | €888 | €791 | €1,263 | -€1,938 | -€4,301 | €39,611 | €19,037 | ▼ 51.9% |
| Investment in fixed assets (approximation) | - | - | -€51,295 | -€2,066 | -€20,338 | -€1,483 | -€3,196 | ▼ 116% |
| Change in cash | - | €8,868 | -€16,727 | -€2,564 | €7,116 | €632 | €11,031 | ▲ 1,646% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 19-03-2026 | 2026-00057353 |
| 30-09-2024 | abbreviated format | 11-03-2025 | 2025-00045981 |
| 30-09-2023 | abbreviated format | 12-03-2024 | 2024-00042090 |
| 30-09-2022 | abbreviated format | 23-03-2023 | 2023-00043652 |
| 30-09-2021 | abbreviated format | 09-03-2022 | 2022-07400302 |
| 30-09-2020 | abbreviated format | 05-03-2021 | 2021-07000173 |
| 30-09-2019 | abbreviated format | 06-03-2020 | 2020-06400051 |
| 30-09-2018 | abbreviated format | 11-03-2019 | 2019-06900330 |
| 30-09-2017 | abbreviated format | 08-03-2018 | 2018-06600140 |
| 30-09-2016 | abbreviated format | 07-03-2017 | 2017-05900333 |
Similar companies · same sector, comparable size
HVP-C
BE 1002.834.104
Balen · equity €38,129
PRAAD
BE 0674.433.575
Kasterlee · equity €38,091
BESJAN
BE 0555.641.437
Ninove · equity €38,089
LAURA DELEUSE MANAGEMENT
BE 0772.517.205
Bassenge · equity €38,193
VI-SERVICE
BE 1007.747.351
Wortegem-Petegem · equity €38,197
Of the 24,457 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,972. 9,720 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
11-03
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
30-09
Financial
Back to profitnet €26,572
Net result €26,572 after 2 loss-making years.
12-03
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
30-09
Financial
Weakest financial yearnet -€16,970
Net result drops to -€16,970, the lowest in the series; recovery starts the following year.
23-03
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
09-03
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
05-03
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
06-03
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
11-03
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
08-03
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
07-03
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
0 of 2 deeds read
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded19-01-2009
Financial year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73200Market research and public opinion polling
73300Public relations and communication consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809178651
Also
9925:BE0809178651
Registered
22-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2009
Ground area
1,619 m²
Building footprint
405 m²
Building volume
3,504 m³
2 parcels, Flanders · tallest building 17.7 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
B.CON
since 2009unit no. 2.176.432.253
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11014H0616/00R003 | Flanders | 1,534 m² | 1 · 225 m² | 17.7 m · 2 |
| 11422C0189/00T009 | Flanders | 85 m² | 1 · 180 m² | 11.8 m · 3 |
How the parcels are linked
Good to know
Both parcels match the address exactly.