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LE CONDITIONNEMENT BELGE

Active Public limited companyfounded 1964active for 62 yearsRue Jules Bordet 69, 7180 SeneffeKBO/BCE: BE 0402.133.096 #2 oldest company in Seneffe, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 48 filings since 1977
peak €2.3m (2014)
€1.2m▼ 15.5%
lowest -€141,648 (2023)
€674,931▲ €744,483
peak €3.5m (2025)
€3.5m▲ 23.6%
€3.4m▲ 18.2%
peak 37.8 FTE (2014)
25.3 FTE▲ 6.8%
Board6 names since 2018
4 directorsKNOPS Christine and 3 others
Owners
listedPROMIS
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Gross margin from €1.4m to €1.2mBack to profit: €674,931Equity from €2.9m to €3.5mDebts from €2.9m to €3.4mCash from €292,966 to €1.8m

Key points

from the 2025 annual accounts

Result

€674,931 €674,931
-€69,6002024€675,0002025

Back in profit in 2025, after a loss of €69,552 in 2024.

Staff

25 employees on 31-12-2025
2321202124252022434420232526202413112025

In 2025, 13 people joined and 11 left.

Filings

48 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 6 to 61 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 61% of small companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 147 companies (NACE 20, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

76+1equity 50.7% of total assets
73+24short-term debt 26.0% · cash 26.2%
31-13return on assets 9.7%

Score breakdown

lowers risk
Liquidity: current ratio 2.89, cash €1.8m
Founded in 1964
Size: 25.3 FTE, total assets €7.0m
Profit of €674,931 (financial year 2025)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, small). It does better than 53% of them on solvency, 88% on liquidity, 15% on profitability and 87% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as LE CONDITIONNEMENT BELGE has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of LE CONDITIONNEMENT BELGE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for LE CONDITIONNEMENT BELGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €330,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.89 (2.36 in 2024), above the usual 1.5. Short-term debt is 26% and cash 26.2% of total assets. 49.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.89, cash €1.8m
NBB · annual accounts
lowers risk · Founded in 1964
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 25.3 FTE, total assets €7.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Profit of €674,931 (financial year 2025)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
43 days early
2023
47 days early
2022
61 days early
2021
6 days early
2020
64 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KC
Managing director
KM
Managing director
FS
Managing director
FS
Fowler Suzan
Director, since 30-06-2022

Shares in 1 company, EUROPEAN HAIR CARE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0402133096
Demerger: LE CONDITIONNEMENT BELGE splits off to IMMO-K S.A. Capital decrease to €1,150,363.50 · Capital after the decrease: €1,150,363.50 · Appointments: GRANT THORNTON REVISEURS D'ENTREPRISES SC (statutory auditor), KNOPS Michel (managing director), KNOPS Christine (managing director) and FOWLER Susan (managing director) · General meeting of 30-06-2022 · Gazette deed
Demerger proposal: LE CONDITIONNEMENT BELGE splits off to IMMO-K Registered office moved within Seneffe · New registered office: Rue Jules Bordet 69, 7180 Seneffe · Previous registered office: 7180 Seneffe, Rue Jules Bordet Zone C · Gazette deed
First establishment Rue Jules Bordet 69, Seneffe
All 61 events

Comparable companies

same main activity, similar in size and age
Company
LE CONDITIONNEMENT BELGE Seneffe €7.0m €1.2m 50.7% 25.3
Carin Haircosmetics Middelkerke €3.1m €1.8m 79.7% 24.7
BELGO - PRISM Ath €8.7m €3.8m 84.1% 40.4
EYTELIA Fleurus €4.8m €1.4m 8.4% 10.2
COSMOFARMA Eeklo €5.3m €1.0m 21.6% 8.1
COSMADE BELGIUM Heist-op-den-Berg €10.4m €7.3m 31.5% 67.6
MYLENE Heist-op-den-Berg €11.6m - -19.4% 27.9

These companies have the same main activity as LE CONDITIONNEMENT BELGE: manufacture of chemicals and chemical products (NACE 20420). They are comparable in size and age: total assets between €3.1m and €12m, founded between 1960 and 2001.

Official details

Source: KBO
Status
Active since 21-08-1964Normal situation
Activity
Manufacture of chemicals and chemical productsNACE 20420and 1 other
Establishment unit
2.185.602.6147180 Seneffe, since 01-03-2010
Financial year end
31 December
Peppol
Reachable since 19-01-2026
Company details

Annual accounts 2025

≈ €2.0mestimated
€7.0m▲ 20.9%
Employeeson 31-12-2025
25▲ 8.7%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on LE CONDITIONNEMENT BELGE

LE CONDITIONNEMENT BELGE has existed since 1964. The gross margin grew from €958,747 in 2006 to €1.2m in 2025 and staff from 12 to 25.3 full-time equivalents.

In July 2022, the Official Gazette published the appointment of KNOPS Christine as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LE CONDITIONNEMENT BELGE

What is the company number of LE CONDITIONNEMENT BELGE?
The company number of LE CONDITIONNEMENT BELGE is 0402.133.096. The VAT number is the same number with BE in front: BE 0402.133.096.
Where is LE CONDITIONNEMENT BELGE based?
The registered office is at Rue Jules Bordet 69, 7180 Seneffe.Company details
What does LE CONDITIONNEMENT BELGE do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20420).
What is the legal form of LE CONDITIONNEMENT BELGE?
LE CONDITIONNEMENT BELGE is a public limited company (NV).
When was LE CONDITIONNEMENT BELGE founded?
LE CONDITIONNEMENT BELGE was founded on 21-08-1964.
Is LE CONDITIONNEMENT BELGE still active?
Yes, LE CONDITIONNEMENT BELGE is an active enterprise in the KBO register.
How many employees does LE CONDITIONNEMENT BELGE have?
LE CONDITIONNEMENT BELGE had an average of 25.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LE CONDITIONNEMENT BELGE?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.3m. It is a rough estimate. In financial year 2022 turnover was €4.6m.
Is LE CONDITIONNEMENT BELGE profitable?
In financial year 2025, LE CONDITIONNEMENT BELGE made a profit of €674,931.
Where can I find the annual accounts of LE CONDITIONNEMENT BELGE?
LE CONDITIONNEMENT BELGE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LE CONDITIONNEMENT BELGE due?
LE CONDITIONNEMENT BELGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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