CONDEGRA
ActiveSummary
CONDEGRA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €928,104 and a net result of €14,566. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result stays negative: a loss of €20,643 in 2025 against €21,367 in 2024; the loss shrinks.
What the company sold each fiscal 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.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,740 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,366 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% 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 14,740 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €990 | €1,000 | €1,101 | €1,121 | ▲ 1.9% |
| Non-recurring operating charges66A | - | - | - | €200 | - | - | - | - |
| Gross operating margin9900 | -€21,423 | -€21,252 | -€21,147 | -€19,457 | -€17,653 | -€20,266 | -€19,522 | ▲ 3.7% |
| Operating profit (loss)9901 | -€22,423 | -€21,371 | -€22,185 | -€20,647 | -€18,653 | -€21,367 | -€20,643 | ▲ 3.4% |
| Financial income75/76B | - | - | - | €13,963 | €12,781 | €27,300 | €36,024 | ▲ 32.0% |
| Recurring financial income75 | €1,092 | €823 | €9,294 | €13,963 | €12,781 | €27,300 | €36,024 | ▲ 32.0% |
| Financial charges65/66B | - | - | - | €94 | €96 | €2,234 | €814 | ▼ 63.6% |
| Recurring financial charges65 | €151 | €163 | €150 | €94 | €96 | €2,234 | €814 | ▼ 63.6% |
| Profit (loss) for the period before taxes9903 | -€21,482 | -€20,711 | -€13,041 | -€6,778 | -€5,968 | €3,699 | €14,566 | ▲ 294% |
| Profit (loss) for the period9904 | -€21,482 | -€20,711 | -€13,041 | -€6,778 | -€5,968 | €3,699 | €14,566 | ▲ 294% |
| Profit (loss) for the period to be appropriated9905 | -€21,482 | -€20,711 | -€13,041 | -€6,778 | -€5,968 | €3,699 | €14,566 | ▲ 294% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €983,075 | €966,106 | €951,533 | €927,592 | €926,027 | €930,424 | €950,134 | ▲ 2.1% |
| Current assets29/58 | €983,075 | €966,106 | €951,533 | €927,592 | €926,027 | €930,424 | €950,134 | ▲ 2.1% |
| Amounts receivable within one year40/41 | €164 | €66 | €2,043 | €3,606 | €3,710 | €4,196 | €11,897 | ▲ 184% |
| Other amounts receivable41 | - | - | - | €3,606 | €3,710 | €4,196 | €11,897 | ▲ 184% |
| Current investments50/53 | - | €32,714 | €187,093 | €273,408 | €273,408 | €673,609 | €684,297 | ▲ 1.6% |
| Cash at bank and in hand54/58 | €982,911 | €933,089 | €762,383 | €650,578 | €645,855 | €241,639 | €243,665 | ▲ 0.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €3,054 | €10,980 | €10,276 | ▼ 6.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €983,075 | €966,106 | €951,533 | €927,592 | €926,027 | €930,424 | €950,134 | ▲ 2.1% |
| Equity10/15 | €978,336 | €957,625 | €922,584 | €915,806 | €909,838 | €913,538 | €928,104 | ▲ 1.6% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €959,736 | €939,025 | €903,984 | €897,206 | €891,238 | €894,938 | €909,504 | ▲ 1.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €895,346 | €889,378 | €894,938 | €909,504 | ▲ 1.6% |
| Amounts payable17/49 | €4,739 | €8,481 | €28,949 | €11,786 | €16,189 | €16,886 | €22,030 | ▲ 30.5% |
| Amounts payable within one year42/48 | €2,239 | €5,981 | €26,449 | €9,286 | €14,589 | €15,286 | €16,341 | ▲ 6.9% |
| Trade debts44 | €565 | €582 | €582 | €571 | €582 | €582 | €582 | = |
| Suppliers440/4 | - | - | - | €571 | €582 | €582 | €582 | = |
| Other amounts payable47/48 | - | - | - | €8,715 | €14,007 | €14,704 | €15,759 | ▲ 7.2% |
| Accrued charges and deferred income492/3 | - | - | - | €2,500 | €1,600 | €1,600 | €5,689 | ▲ 256% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,482 | -€20,711 | -€13,041 | -€6,778 | -€5,968 | €3,699 | €14,566 | ▲ 294% |
| Operating cash flow (approximation) | -€21,482 | -€20,711 | -€13,041 | -€6,778 | -€5,968 | €3,699 | €14,566 | ▲ 294% |
| Change in cash | - | -€49,822 | -€170,706 | -€111,805 | -€4,723 | -€404,216 | €2,026 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.