CON-FORM
ActiveSummary
CON-FORM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,633 and a net result of €17,922. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 55% of 593 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €228,633
- Profit
- €17,922
Why 68raises riskLatest accounts 31 days late; 1 of the last 3 lateLiquidity: current ratio 1.49, cash €3,866Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskFounded in 2008Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 48% on solvency, 35% on liquidity, 56% on profitability and 33% on growth.
The bankruptcy probability was computed on 22-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 60 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Equity above €200,000equity €210,710 ▲18.1%
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498313.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 38% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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).
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €128,675 | €140,595 | €150,708 | €111,171 | ▼ 26.2% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €70,252 | €58,672 | €58,163 | €44,096 | ▼ 24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,777 | €68,585 | €58,010 | €27,783 | €26,704 | €31,574 | €30,313 | €24,836 | ▼ 18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €17,023 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €9,991 | €10,739 | €7,621 | €5,939 | €6,928 | ▲ 16.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €10,213 | - |
| Gross operating margin9900 | €177,196 | €150,083 | €27,706 | €100,375 | €67,995 | €101,752 | €113,113 | €78,799 | ▼ 30.3% |
| Operating profit (loss)9901 | €43,571 | €73,668 | -€38,026 | €62,600 | €30,552 | €62,557 | €59,838 | €36,822 | ▼ 38.5% |
| Financial income75/76B | - | - | - | €0 | - | €0 | €0 | €53 | ▲ 29,344% |
| Recurring financial income75 | €0 | €1 | €159 | €0 | - | €0 | €0 | €53 | ▲ 29,344% |
| Financial charges65/66B | - | - | - | €22,527 | €14,487 | €13,299 | €11,106 | €8,743 | ▼ 21.3% |
| Recurring financial charges65 | €22,519 | €23,455 | €12,982 | €22,527 | €14,487 | €13,299 | €11,106 | €8,743 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | €21,052 | €27,744 | -€51,743 | €40,074 | €16,065 | €49,258 | €48,731 | €28,133 | ▼ 42.3% |
| Transfer from deferred taxes780 | - | - | - | €0 | - | - | - | - | - |
| Income taxes67/77 | €12,121 | €13,918 | €6,688 | €3,278 | €4,963 | €15,345 | €16,364 | €10,210 | ▼ 37.6% |
| Profit (loss) for the period9904 | €8,932 | €13,826 | -€58,431 | €36,796 | €11,102 | €33,913 | €32,367 | €17,922 | ▼ 44.6% |
| Profit (loss) for the period to be appropriated9905 | €8,932 | €13,826 | -€39,681 | €36,796 | €11,102 | €33,913 | €32,367 | €17,922 | ▼ 44.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €0.9m | €0.9m | €0.8m | €0.7m | €0.8m | €0.6m | €0.5m | ▼ 9.1% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 10.0% |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 10.0% |
| Land and buildings22 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 5.7% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.01m | €0.03m | €0.02m | €0.004m | ▼ 82.3% |
| Current assets29/58 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 7.0% |
| Stocks and contracts in progress3 | €0.04m | €0.04m | €0.02m | €0 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €0 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 9.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 1.6% |
| Other amounts receivable41 | - | - | - | €0.08m | €0.03m | €0.02m | €0.02m | €0.003m | ▼ 84.0% |
| Cash at bank and in hand54/58 | €0.03m | €0.004m | €0.001m | €0.001m | €0 | €0.001m | €407 | €0.004m | ▲ 849% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.005m | €0.004m | €0.005m | €0.005m | ▲ 5.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €0.9m | €0.9m | €0.8m | €0.7m | €0.8m | €0.6m | €0.5m | ▼ 9.1% |
| Equity10/15 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 8.5% |
| Contributions10/11 | €0.04m | €0.04m | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 10.4% |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Distributable reserves133 | - | - | - | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 10.7% |
| Profit (loss) carried forward14 | €0.03m | €0.03m | -€0.04m | -€0.003m | €0 | - | - | - | - |
| Amounts payable17/49 | €0.9m | €0.8m | €0.8m | €0.6m | €0.6m | €0.6m | €0.4m | €0.3m | ▼ 18.6% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 14.5% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 14.5% |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.1m | €0.1m | ▼ 25.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.03m | €0.04m | €0.04m | €0.03m | ▼ 8.1% |
| Financial debts43 | - | - | - | €145 | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €145 | €0.001m | €0 | - | - | - |
| Other loans439 | - | - | - | €0 | - | €0.001m | €0.001m | €0 | ▼ 100% |
| Trade debts44 | €0.09m | €0.02m | €0.01m | €0.02m | €0.009m | €0.004m | €0.001m | €0.003m | ▲ 150% |
| Suppliers440/4 | - | - | - | €0.02m | €0.009m | €0.004m | €0.001m | €0.003m | ▲ 150% |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.002m | €0.007m | €0.01m | €0.008m | ▼ 39.8% |
| Taxes450/3 | - | - | - | €0.004m | €0.002m | €0.007m | €0.01m | €0.008m | ▼ 39.8% |
| Remuneration and social security454/9 | - | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.3m | €0.1m | €0.07m | ▼ 31.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,932 | €13,826 | -€58,431 | €36,796 | €11,102 | €33,913 | €32,367 | €17,922 | ▼ 44.6% |
| + Depreciation and write-downs630 | €76,777 | €68,585 | €58,010 | €27,783 | €26,704 | €31,574 | €30,313 | €24,836 | ▼ 18.1% |
| Operating cash flow (approximation) | €85,709 | €82,411 | -€421 | €64,578 | €37,806 | €65,487 | €62,681 | €42,758 | ▼ 31.8% |
| Investment in fixed assets (approximation) | - | -€16,613 | €9,503 | €0 | -€11,002 | -€27,388 | €0 | €17,213 | - |
| Change in cash | - | -€27,846 | -€3,385 | €210 | -€1,228 | €1,317 | -€910 | €3,458 | - |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00498313 |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00472512 |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00450631 |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00466469 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20414601 |
| 31-12-2020 | abbreviated format | 26-11-2021 | 2021-78500299 |
| 31-12-2019 | abbreviated format | 30-11-2020 | 2020-73800011 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62400084 |
| 31-12-2017 | abbreviated format | 10-08-2018 | 2018-45100471 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-56800101 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 23-05-2024 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
23-05
Gazette deed
Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Purpose change17 facts ▸
- General meeting, “algemene buitengewone aandeelhoudersvergadering” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm van besloten vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,tweede lid, middelen beschikbaar voor uitkering” (deed in Dutch)
- Purpose change
- Amendment of the articles, 9
- Amendment of the articles, 13
- Amendment of the articles, 19
- Amendment of the articles, 20
- Capital
- Power of attorney, Kim RUYSEN
- Board composition, EL KHAOUI Mustafa (director (not named in the articles))
- +5 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0806.375.450
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11372D0076/00L002 | Flanders | 243 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CON-FORM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, mag bij enkel besluit bestuursorgaan oprichten of opheffen wanneer en waar nodig,voor zover geen wijziging taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, benoemd-met-of-zonder-beperking-van-duur-kan-statutair-bestuurder-zijn-indien-benoemd-in-statuten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden. De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en wanneer ook, recht algemene vergadering één of meerdere vereffenaars aan te duiden” (deed in Dutch)