CONDACUM
ActiveCONDACUM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €418k and a net result of €224k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 3616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +41 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency69▲+44
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.82 in 2024), and 58.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.8%
Return on assets
22.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1920212223232425
2019 to 2025 · latest year €418k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
51 d early
2023
29 d early
2023
2 d late
2022
8 d late
2021
2 d early
2020
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€418k▲ 116%
2024 · €193k
2019: €-24k
2020: €-103k
2021: €-245k
2022: €-270k
2023: €-225k
2023: €21k
2024: €193k
2019 → 2025
Total assets
€998k▲ 12.0%
2024 · €891k
2019: €253k
2020: €298k
2021: €471k
2022: €578k
2023: €548k
2023: €562k
2024: €891k
2019 → 2025
Net result
€224k▲ 29.8%
2024 · €173k
2019: €69k
2020: €-79k
2021: €-142k
2022: €-26k
2023: €45k
2023: €246k
2024: €173k
2019 → 2025
Working capital
€129k
2024 · €-109k
2019: €-111k
2020: €-123k
2021: €-317k
2022: €-368k
2023: €-420k
2023: €-344k
2024: €-109k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€-270k-€-225k▲ 16.7%€21k€193k▲ 842%€418k▲ 116%
Operating result€-14k-€54k€258k▲ 379%€241k▼ 6.8%€313k▲ 30.2%
Net result€-26k-€45k€246k▲ 446%€173k▼ 29.7%€224k▲ 29.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €998k
Fixed assets
€316k▼ 16.9%
Current assets
€682k▲ 33.5%
Equity and liabilities €998k
Equity
€418k▲ 116%
Debt
€580k▼ 16.8%
The debt ratio falls from 78.3% to 58.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€389k▲
2024 · €314k
Cash flow
€300k▲
2024 · €246k
Solvency
41.8%▲
2024 · 21.7%
Current ratio
1.23▲
2024 · 0.82
Quick ratio
1.15▲
2024 · 0.74
Debt / equity
1.39▼
2024 · 3.61
ROE
53.7%▼
2024 · 89.4%
ROA
22.5%▲
2024 · 19.4%
Interest coverage
29.48▲
2024 · 22.06
Debt
€580k▼
2024 · €697k
Debt ≤ 1 year
€553k▼
2024 · €619k
Debt > 1 year
€22k▼
2024 · €73k
Income taxes
€76k▲
2024 · €54k
Staff costs
€1.14M▲
2024 · €1.13M
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€891k€998k▲
Fixed assets21/28€380k€316k▼
Intangible fixed assets21€17k€7k▼
Tangible fixed assets22/27€363k€309k▼
Land and buildings22€25k€22k▼
Plant, machinery and equipment23€146k€128k▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€189k€157k▼
Current assets29/58€510k€682k▲
Stocks and contracts in progress3€54k€48k▼
Stocks30/36€54k€48k▼
Amounts receivable within one year40/41€449k€593k▲
Trade receivables40€33k€15k▼
Other amounts receivable41€416k€578k▲
Cash at bank and in hand54/58€7k€30k▲
Deferred charges and accrued income490/1€92€10k▲
Equity and liabilities
Total equity and liabilities10/49€891k€998k▲
Equity10/15€193k€418k▲
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Non-distributable reserves130/1€54k€54k=
Reserves not available under the articles1311€54k€54k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€117k€341k▲
Amounts payable17/49€697k€580k▼
Amounts payable after more than one year17€73k€22k▼
Financial debts170/4€73k€22k▼
Amounts payable within one year42/48€619k€553k▼
Current portion of amounts payable after more than one year42€49k€51k▲
Financial debts43€79k€51k▼
Credit institutions430/8€79k€51k▼
Trade debts44€312k€255k▼
Suppliers440/4€312k€255k▼
Taxes, remuneration and social security45€120k€114k▼
Taxes450/3€28k€4k▼
Remuneration and social security454/9€92k€110k▲
Other amounts payable47/48€59k€81k▲
Accrued charges and deferred income492/3€5k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.13M€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€76k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€7k€5k▼
Gross operating margin9900€1.45M€1.54M▲
Operating profit (loss)9901€241k€313k▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€226k€300k▲
Income taxes67/77€54k€76k▲
Profit (loss) for the period9904€173k€224k▲
Profit (loss) for the period to be appropriated9905€173k€224k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€341k▲
Profit (loss) brought forward from the previous period14P€-56k€117k▲
Social balance
Average headcount (FTE)908719.819.9▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €418k ▲116%
4 profitable years in a row build equity to €418k.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €193k ▲842%
3 profitable years in a row build equity to €193k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €246k ▲446%
Net result €246k, the highest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
31-03
Financial
Back to profitnet €45k
Net result €45k after 3 loss-making years.
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Kontich · 1 establishment unit since 2008
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.
Pierstraat 3112550 KontichGround area
3,992 m²
Building footprint
696 m²
Volume, LiDAR
3,121 m³
Parcel 11024G0273/00K000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CONDACUM
since 20082.170.187.532
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0273/00K000 | Flanders | 3,992 m² | 1 · 696 m² | 9.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 7,203 EUR awarded · 7,203 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 7,203 EUR | 7,203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKontich2.170.187.532
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
MISTRAL MANAGEMENT SOLUTIONS
BE 0476.613.953
Glabbeek · Eq €417k
H EN W
BE 0455.808.542
Kuurne · Eq €418k
CUCINA AUTENTICA ANTONIO
BE 0841.973.460
Herstal · Eq €418k
HALF - ACHT
BE 0478.194.162
Geel · Eq €418k
VAN CAENEGEM - KEMEL
BE 0452.041.477
Oostende · Eq €417k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 6,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2007
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.