CONDECO
ActiveSummary
CONDECO has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,586 and a net result of -€2,002. Equity has been shrinking by about 13% per year since 2018. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 19-01-1998 Normal situation
- Activity
- “Tussenpersoon in de handel” (deed in Dutch)From the articles, 13 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.085.817.229 1785 Merchtem, since 11-03-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €19,907
- ▲ 6.3%
- Turnover
- ≈ €150,000
- estimated
- Loss
- €2,002
- ▼ 63.9%
- Equity
- €40,586
- ▼ 4.7%
- Total assets
- €135,811
- ▼ 3.0%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 0.25, cash €18,948Founded in 1998Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 45% of them on solvency, 34% on liquidity, 47% on profitability and 31% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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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Signals
The company filed its last 7 accounts on average 41 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€2,002 View
Recent changes
- · Gazette deed Registered office moved within Merchtem
- · Gazette deed Incorporation
Key facts about CONDECO
- What is the company number of CONDECO?
- The company number of CONDECO is 0462.358.616. The VAT number is the same number with BE in front: BE 0462.358.616.
- Where is CONDECO based?
- The registered office is at Stationsstraat 106, 1785 Merchtem.Company details
- What is the legal form of CONDECO?
- The legal form of CONDECO is Private limited company (BV).
- When was CONDECO founded?
- CONDECO was founded on 19-01-1998.
- Is CONDECO still active?
- Yes, CONDECO is an active enterprise in the KBO register.
- How many employees does CONDECO have?
- CONDECO had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of CONDECO?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €19,907 and 6,321 comparable companies of the same size. It probably lies between €70,000 and €370,000. It is a rough estimate.
- Is CONDECO profitable?
- In financial year 2025, CONDECO made a loss of €2,002.
- Where can I find the annual accounts of CONDECO?
- CONDECO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONDECO due?
- CONDECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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