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Conative

Active
Private limited companyfounded 2016active for 10 yearsAcacialaan 15, 2630 Aartselaar, BelgiumKBO/BCE: BE 0650.644.920

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Conative has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,890 and a net result of €23,037. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 21% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 22-03-2016 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 2 others
Establishment unit
2.251.690.296 2630 Aartselaar, since 22-03-2016
Financial year end
31 December
Peppol
Reachable since 02-04-2025

Board and ownership

Board
  • Bodart DeanDirector · since 22-03-2016

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€35,861
▼ 47.6%
Turnover
≈ €120,000
estimated
Profit
€23,037
▼ 52.6%
Equity
€10,890
▲ 38.7%
Total assets
€52,279
▼ 37.1%
Filed on 23-09-2026, 54 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 54 days late; 2 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.22, cash €30,674Size: total assets €52,279Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 46+12
equity 20.8% of total assets
Liquidity 57+7
short-term debt 79.2% · cash 58.7%
Profitability 100=
return on assets 44.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.07 in 2024), below the usual 1.5. Short-term debt is 79.2% and cash 58.7% of total assets. 79.2% of the assets are financed with debt and provisions.
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 62, micro). It does better than 23% of them on solvency, 39% on liquidity, 82% on profitability and 75% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Last filed accounts filed 54 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.22, cash €30,674
NBB · annual accounts
lowers risk · Size: total assets €52,279
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 21130 sector peers (2025).
NBB · sector comparison
Position among 21130 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
54 days late
2024
18 days late
2023
71 days late
2022
31 days late
2021
29 days late
2020
4 days early
2019
13 days late
← 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 30 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 31 August (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
01-11-2026 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

Key points

  • Caution: Less equity than 82% of companies in computer programming and consultancysector median €69,143 · 21,136 companies €10,890 View

Comparable companies

These companies have the same main activity as Conative: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €47,600 and €61,200, founded between 2015 and 2017.

CompanyTotal assetsGross margin
Conative Aartselaar€52,279€35,861
AILERON TECHNOLOGIES Brussel€51,321€37,192
IT RASKA Sint-Lambrechts-Woluwe€52,542€40,709
GILLES ARBEAU Watermaal-Bosvoorde€47,594€33,565
ARGASS Vorst€53,552€35,488
SOLVE Linter€49,847€31,262
AMJU Dessel€61,205€40,917
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Conative

What is the company number of Conative?
The company number of Conative is 0650.644.920. The VAT number is the same number with BE in front: BE 0650.644.920.
Where is Conative based?
The registered office is at Acacialaan 15, 2630 Aartselaar.Company details
What does Conative do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Conative?
The legal form of Conative is Private limited company (BV).
When was Conative founded?
Conative was founded on 22-03-2016.
Is Conative still active?
Yes, Conative is an active enterprise in the KBO register.
What is the turnover of Conative?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €35,861 and 64 comparable companies (NACE 62200). It probably lies between €98,000 and €160,000.Financials
Is Conative profitable?
In financial year 2025, Conative made a profit of €23,037.
Where can I find the annual accounts of Conative?
Conative filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Conative due?
Conative must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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