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CNX

Active
Private limited companyfounded 198937 yrs activeDoornstraat 10, 2530 Boechout, BelgiumKBO/BCE: BE 0437.399.130

CNX has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209k and a net result of €-14k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-36
Solvency99▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.57 in 2024; short-term debt: 25.9% and cash: 1.7% of total assets), and 25.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 07-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
26 d early
2023
15 d early
2022
10 d early
2021
33 d early
2020
28 d early
2019
30 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today30-12-2026 close30-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€209k▼ 6.4%
2024 · €223k
2018: €259k 2019: €263k 2020: €253k 2021: €222k 2022: €223k 2023: €223k 2024: €223k
2018 → 2025
Total assets
€282k▼ 11.4%
2024 · €319k
2018: €341k 2019: €326k 2020: €337k 2021: €347k 2022: €347k 2023: €326k 2024: €319k
2018 → 2025
Net result
€-14k
2024 · €22k
2018: €111k 2019: €43k 2020: €60k 2021: €-11k 2022: €22k 2023: €47k 2024: €22k
2018 → 2025
Working capital
€-42k▼ 2.7%
2024 · €-41k
2018: €-42k 2019: €-6k 2020: €15k 2021: €-33k 2022: €-60k 2023: €-49k 2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€222k-€223k▲ 0.9%€223k=€223k=€209k▼ 6.4%
Operating result€-9k-€23k€64k▲ 178%€34k▼ 47.2%€-11k
Net result€-11k-€22k€47k▲ 112%€22k▼ 52.0%€-14k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €-9k€-9kNet result 2021: €-11k€-11kOperating result 2022: €23k€23kNet result 2022: €22k€22kOperating result 2023: €64k€64kNet result 2023: €47k€47kOperating result 2024: €34k€34kNet result 2024: €22k€22kOperating result 2025: €-11k€-11kNet result 2025: €-14k€-14k20212022202320242025
The operating result turns negative in 2025: a loss of €11k after €34k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €282k
Fixed assets €252k▼ 5.0%
Current assets €31k▼ 42.8%
Equity and liabilities €282k
Equity €209k▼ 6.4%
Debt €73k▼ 23.1%
The debt ratio falls from 29.9% to 25.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16k
2024 · €54k
Cash flow
€12k
2024 · €43k
Solvency
74.1%
2024 · 70.1%
Current ratio
0.42
2024 · 0.57
Quick ratio
0.40
2024 · 0.54
Debt / equity
0.35
2024 · 0.43
ROE
-6.9%
2024 · 10.0%
ROA
-5.1%
2024 · 7.0%
Interest coverage
3.51
2024 · 15.69
Debt
€73k
2024 · €95k
Debt ≤ 1 year
€73k
2024 · €95k
Income taxes
€255
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€319k€282k
Fixed assets21/28€265k€252k
Tangible fixed assets22/27€265k€252k
Land and buildings22€230k€228k
Plant, machinery and equipment23€185-
Furniture and vehicles24€34k€24k
Current assets29/58€54k€31k
Stocks and contracts in progress3€2k€2k
Stocks30/36€2k€2k
Amounts receivable within one year40/41€47k€22k
Trade receivables40€14k€1k
Other amounts receivable41€33k€20k
Cash at bank and in hand54/58€2k€5k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€319k€282k
Equity10/15€223k€209k
Contributions10/11€19k€19k=
Reserves13€205k€191k
Distributable reserves133€205k€191k
Amounts payable17/49€95k€73k
Amounts payable within one year42/48€95k€73k
Trade debts44-€595
Suppliers440/4-€595
Taxes, remuneration and social security45€182-
Taxes450/3€182-
Other amounts payable47/48€95k€73k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k
Other operating charges640/8€16k€11k
Gross operating margin9900€70k€27k
Operating profit (loss)9901€34k€-11k
Financial income75/76B€698€966
Recurring financial income75€698€966
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€31k€-14k
Income taxes67/77€8k€255
Profit (loss) for the period9904€22k€-14k
Profit (loss) for the period to be appropriated9905€22k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-14k
Transfer from equity791/2-€14k
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-12
Financial Weakest financial yearnet €-14k ▼164%
Net result drops to €-14k, the lowest in the series.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Doornstraat 102530 Boechout
Ground area
5,471 m²
Building footprint
501 m²
Volume, LiDAR
2,563 m³
Parcel 11004D0274/00F000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CNX
Doornstraat 10, 2530 BoechoutNACE 7020302
since 20022.131.946.469
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11004D0274/00F000 Flanders 5,470 m² 1 · 501 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,686 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-04-1989
Fiscal year end30-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.