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Condel

Active Private limited companyfounded 2025active for 1 yearMeekrapstraat 12, 9031 GhentKBO/BCE: BE 1020.503.148

Lifetime

1 annual account with figures
peak €128,476 (2026)
€128,476 
peak €105,784 (2026)
€105,784 
peak €114,791 (2026)
€114,791 
€12,523 
Board1 name since 2025
1 director
Documentsfilings and deeds
28-10-202695 days before the deadline
2026micro format
First year with figures

Key points

from the 2026 annual accounts

Turnover

≈ €220,000 estimated

The micro format states no turnover.

Position in the sector

90.2%

Higher solvency than 85% of companies in head offices and management consultancy. Sector median 60.7% · 1,562 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as Condel has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Condel. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 26-02-2025
  • 120 sharesdeed of 03-03-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1020503148
Incorporation Founding capital of €2,400, 120 shares · Founder: · Appointment: (director) · published on 03-03-2025 · Gazette deed
First establishment Meekrapstraat 12, Ghent
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Condel Ghent €127,313 €128,476 90.2% -
OPH Management Ghent €152,089 €137,131 75.2% -
TUUR Erpe-Mere €129,882 €133,432 82.9% -
NoZa Aalter €135,346 €133,921 79.0% -
Cemax Consult Lokeren €126,227 €118,360 75.1% 0
V&S FoodTech Sint-Lievens-Houtem €142,589 €130,959 71.0% -
FINGELT Lievegem €116,446 €122,291 83.7% -

These companies have the same main activity as Condel: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €116,000 and €152,000, founded in 2025.

Official details

Source: KBO
Status
Active since 27-02-2025Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.370.758.5889031 Ghent, since 27-02-2025
Financial year end
30 June
Peppol
Reachable since 01-07-2026
Company details

Annual accounts to 30-06-2026

€127,313
Filing
Filed on 28-10-2026, 95 days before the end of the filing period
Financials

Insights on Condel

Condel has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €114,791 and a net result of €105,784.

Its solvency ranks better than 86% of 1,562 sector peers (NACE 70, financial year 2026).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Condel

What is the company number of Condel?
The company number of Condel is 1020.503.148. The VAT number is the same number with BE in front: BE 1020.503.148.
Where is Condel based?
The registered office is at Meekrapstraat 12, 9031 Ghent.Company details
What does Condel do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Condel?
Condel is a private limited company (BV).
When was Condel founded?
Condel was founded on 27-02-2025.
Is Condel still active?
Yes, Condel is an active enterprise in the KBO register.
What is the turnover of Condel?
The turnover in financial year 2026 is ≈ €220,000. This figure is estimated from the gross margin of €128,476 and 109 comparable companies (NACE 70200). It probably lies between €180,000 and €260,000.Financials
Is Condel profitable?
In financial year 2026, Condel made a profit of €105,784.
Where can I find the annual accounts of Condel?
Condel filed 1 annual account with the National Bank of Belgium, for financial year 2026.

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