CONDERA
ActiveSummary
CONDERA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €251,865 and a net result of €34,524. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78=
Solvency78▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 3.4 against 5.64 in 2023; short-term debt: 11.1% and cash: 11.8% of total assets), and 47.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d early
2023
56 d early
2022
53 d early
2021
31 d early
2020
9 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€251,865▼ 12.0%
2023 · €286,340
Total assets
€478,552▼ 5.8%
2023 · €507,894
Net result
€34,524▼ 6.6%
2023 · €36,982
Working capital
€127,204▼ 19.4%
2023 · €157,836
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€132,812▲ 88.2%€159,499▲ 20.1%€87,117▼ 45.4%€60,896▼ 30.1%€58,964▼ 3.2%
Net result€108,653▲ 69.5%€117,744▲ 8.4%€65,076▼ 44.7%€36,982▼ 43.2%€34,524▼ 6.6%
Equity€311,539▲ 50.6%€349,283▲ 12.1%€249,359▼ 28.6%€286,340▲ 14.8%€251,865▼ 12.0%
Total assets€368,303▲ 32.8%€445,507▲ 21.0%€552,457▲ 24.0%€507,894▼ 8.1%€478,552▼ 5.8%
Debt€56,764▼ 19.4%€96,224▲ 69.5%€303,098▲ 215%€221,554▼ 26.9%€226,687▲ 2.3%
Working capital€280,178▲ 54.3%€291,192▲ 3.9%€89,790▼ 69.2%€157,836▲ 75.8%€127,204▼ 19.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 3% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €478,552
Fixed assets
€298,441 ▼ 5.6%
Current assets
€180,111 ▼ 6.1%
Equity and liabilities €478,552
Equity
€251,865 ▼ 12.0%
Debt
€226,687 ▲ 2.3%
Debt's share of the balance-sheet total rises from 43.6% to 47.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€76,559▼
2023 · €78,321
Cash flow
€52,119▼
2023 · €54,407
Current ratio
3.40▼
2023 · 5.64
Debt to equity
0.90▲
2023 · 0.77
ROE
13.7%▲
2023 · 12.9%
ROA
7.2%▼
2023 · 7.3%
Interest coverage
10.01▼
2023 · 12.27
Debt ≤ 1 year
€52,907▲
2023 · €34,022
Debt > 1 year
€173,780▼
2023 · €187,532
Income taxes
€18,668▲
2023 · €15,233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 17,792 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,391 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,701 | €6,404 | €17,298 | €17,425 | €17,595 | ▲ 1.0% |
| Other operating charges640/8 | - | €348 | €348 | €385 | €1,398 | ▲ 263% |
| Gross operating margin9900 | €155,280 | €172,642 | €104,763 | €78,706 | €77,957 | ▼ 1.0% |
| Operating profit (loss)9901 | €132,812 | €159,499 | €87,117 | €60,896 | €58,964 | ▼ 3.2% |
| Financial income75/76B | - | €4,604 | €2,534 | €6,421 | €1,879 | ▼ 70.7% |
| Recurring financial income75 | €3,296 | €3,284 | €2,534 | €1,035 | €1,879 | ▲ 81.5% |
| Non-recurring financial income76B | - | €1,320 | - | €5,386 | - | - |
| Financial charges65/66B | - | €3,199 | €5,844 | €15,102 | €7,651 | ▼ 49.3% |
| Recurring financial charges65 | €3,523 | €3,199 | €5,185 | €6,381 | €7,651 | ▲ 19.9% |
| Non-recurring financial charges66B | - | - | €659 | €8,721 | - | - |
| Profit (loss) for the period before taxes9903 | €141,861 | €160,904 | €83,807 | €52,215 | €53,192 | ▲ 1.9% |
| Income taxes67/77 | €33,208 | €43,160 | €18,731 | €15,233 | €18,668 | ▲ 22.5% |
| Profit (loss) for the period9904 | €108,653 | €117,744 | €65,076 | €36,982 | €34,524 | ▼ 6.6% |
| Transfer from tax-exempt reserves789 | - | €18,081 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €120,370 | €135,825 | €65,076 | €36,982 | €34,524 | ▼ 6.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €368,303 | €445,507 | €552,457 | €507,894 | €478,552 | ▼ 5.8% |
| Fixed assets21/28 | €31,361 | €58,091 | €366,053 | €316,036 | €298,441 | ▼ 5.6% |
| Tangible fixed assets22/27 | €31,361 | €58,091 | €366,053 | €316,036 | €298,441 | ▼ 5.6% |
| Land and buildings22 | - | - | €294,281 | €285,085 | €275,888 | ▼ 3.2% |
| Furniture and vehicles24 | - | €13,017 | €54,897 | €14,850 | €9,801 | ▼ 34.0% |
| Other tangible fixed assets26 | - | €20,074 | €16,875 | €16,101 | €12,752 | ▼ 20.8% |
| Assets under construction and advance payments27 | - | €25,000 | - | - | - | - |
| Current assets29/58 | €336,942 | €387,416 | €186,404 | €191,858 | €180,111 | ▼ 6.1% |
| Amounts receivable after more than one year29 | - | €90,236 | - | €6,250 | €6,250 | = |
| Other amounts receivable291 | - | €90,236 | - | €6,250 | €6,250 | = |
| Amounts receivable within one year40/41 | €52,288 | €46,055 | €30,626 | €41,763 | €47,314 | ▲ 13.3% |
| Trade receivables40 | - | €19,360 | €20,218 | €38,720 | €43,982 | ▲ 13.6% |
| Other amounts receivable41 | - | €26,695 | €10,408 | €3,043 | €3,332 | ▲ 9.5% |
| Current investments50/53 | - | €80,290 | €61,323 | €28,835 | €25,964 | ▼ 10.0% |
| Cash at bank and in hand54/58 | €103,068 | €126,799 | €51,725 | €50,570 | €56,512 | ▲ 11.8% |
| Deferred charges and accrued income490/1 | - | €44,036 | €42,730 | €64,440 | €44,071 | ▼ 31.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €368,303 | €445,507 | €552,457 | €507,894 | €478,552 | ▼ 5.8% |
| Equity10/15 | €311,539 | €349,283 | €249,359 | €286,340 | €251,865 | ▼ 12.0% |
| Contributions10/11 | €68,820 | €68,820 | €68,820 | €68,820 | €68,820 | = |
| Reserves13 | €137,225 | €172,225 | €172,225 | €208,224 | €173,224 | ▼ 16.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €170,365 | €170,365 | €206,364 | €171,364 | ▼ 17.0% |
| Profit (loss) carried forward14 | €105,494 | €108,238 | €8,314 | €9,296 | €9,821 | ▲ 5.6% |
| Amounts payable17/49 | €56,764 | €96,224 | €303,098 | €221,554 | €226,687 | ▲ 2.3% |
| Amounts payable after more than one year17 | - | - | €201,097 | €187,532 | €173,780 | ▼ 7.3% |
| Financial debts170/4 | - | - | €201,097 | €187,532 | €173,780 | ▼ 7.3% |
| Amounts payable within one year42/48 | €56,764 | €96,224 | €96,614 | €34,022 | €52,907 | ▲ 55.5% |
| Current portion of amounts payable after more than one year42 | - | - | €20,923 | €13,565 | €13,752 | ▲ 1.4% |
| Trade debts44 | €5,708 | €423 | €1,288 | €1,604 | €97 | ▼ 94.0% |
| Suppliers440/4 | - | €423 | €1,288 | €1,604 | €97 | ▼ 94.0% |
| Taxes, remuneration and social security45 | - | €17,301 | €9,403 | €9,252 | €8,644 | ▼ 6.6% |
| Taxes450/3 | - | €17,301 | €9,403 | €9,252 | €8,644 | ▼ 6.6% |
| Other amounts payable47/48 | - | €78,500 | €65,000 | €9,601 | €30,414 | ▲ 217% |
| Accrued charges and deferred income492/3 | - | - | €5,387 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108,653 | €117,744 | €65,076 | €36,982 | €34,524 | ▼ 6.6% |
| + Depreciation and write-downs630 | €5,701 | €6,404 | €17,298 | €17,425 | €17,595 | ▲ 1.0% |
| Operating cash flow (approximation) | €114,354 | €124,148 | €82,374 | €54,407 | €52,119 | ▼ 4.2% |
| Investment in fixed assets (approximation) | - | -€33,134 | -€325,260 | €32,592 | €0 | ▼ 100% |
| Change in cash | - | €23,731 | -€75,074 | -€1,155 | €5,942 | ▲ 614% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
20-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
19-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
23-03
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
23-03
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
23-03
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €34,524 ▼6.6%
Net result drops to €34,524, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 5.64
Current ratio from 1.93 to 5.64; short-term debt falls from €96,614 to €34,022.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
31-12
Financial
Highest result since 2018net €117,744 ▲8.4%
Operating result €159,499, net result €117,744, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200,000Eq €206,886 ▲46.1%
2 profitable years in a row build equity to €206,886.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Asse · 1 establishment unit since 2013
Ground area
521 m²
Building footprint
123 m²
Volume, LiDAR
82 m³
Parcel 23002H0746/00S000, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
Condera
since 20132.216.883.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002H0746/00S000 | Flanders | 521 m² | 1 · 123 m² | 4.9 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
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Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 5,796 EUR awarded · 5,796 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,332 EUR | 1,332 EUR |
| 2023 | 1 | 1,224 EUR | 1,224 EUR |
| 2022 | 1 | 3,240 EUR | 3,240 EUR |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 14,180 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
pieter-jan.deraedt@condera.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0504846101
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.