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CONDI - PLANTS

Active
Cooperative companyfounded 199531 yrs activeGrand-Chemin-de-Wavre 4, 5030 Gembloux, BelgiumKBO/BCE: BE 0455.883.370
Summary

CONDI - PLANTS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €848k and a net result of €15k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency63▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.71 in 2024; short-term debt: 22.2% and cash: 9.5% of total assets), but 62.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.8%
Return on assets
0.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
4 d early
2023
2 d early
2022
7 d early
2021
2 d late
2020
44 d early
2019
17 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 63.1%
2024 · €41k
2019: €-68k 2020: €246k 2021: €39k 2022: €-143k 2023: €94k 2024: €41k
2019 → 2025
Working capital
€801k▲ 45.1%
2024 · €552k
2019: €324k 2020: €585k 2021: €405k 2022: €413k 2023: €490k 2024: €552k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€732k-€709k▼ 3.1%€799k▲ 12.6%€836k▲ 4.7%€848k▲ 1.3%
Operating result€52k-€-128k€112k€59k▼ 47.3%€34k▼ 42.1%
Net result€39k-€-143k€94k€41k▼ 56.2%€15k▼ 63.1%
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €52k€52kNet result 2021: €39k€39kOperating result 2022: €-128k€-128kNet result 2022: €-143k€-143kOperating result 2023: €112k€112kNet result 2023: €94k€94kOperating result 2024: €59k€59kNet result 2024: €41k€41kOperating result 2025: €34k€34kNet result 2025: €15k€15k20212022202320242025€0€50k€100kOperating result 2023: €112k€112kNet result 2023: €94k€94kOperating result 2024: €59k€59kNet result 2024: €41k€41kOperating result 2025: €34k€34kNet result 2025: €15k€15k202320242025
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets €942k ▼ 10.0%
Current assets €1.30M ▼ 2.2%
Equity and liabilities €2.24M
Equity €848k ▲ 1.3%
Debt €1.39M ▼ 9.5%
Debt's share of the balance-sheet total falls from 64.8% to 62.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€234k
2024 · €242k
Cash flow
€215k
2024 · €224k
Current ratio
2.61
2024 · 1.71
Quick ratio
2.40
2024 · 1.57
Debt to equity
1.64
2024 · 1.84
ROE
1.8%
2024 · 4.9%
ROA
0.7%
2024 · 1.7%
Interest coverage
10.15
2024 · 11.01
Debt ≤ 1 year
€498k
2024 · €777k
Debt > 1 year
€894k
2024 · €762k
Staff costs
€404k
2024 · €397k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.38M€2.24M
Fixed assets21/28€1.05M€942k
Tangible fixed assets22/27€1.05M€940k
Land and buildings22€660k€629k
Plant, machinery and equipment23€384k€311k
Furniture and vehicles24€650-
Financial fixed assets28€2k€2k=
Current assets29/58€1.33M€1.30M
Stocks and contracts in progress3€112k€105k
Stocks30/36€112k€105k
Amounts receivable within one year40/41€1.07M€971k
Trade receivables40€1.03M€960k
Other amounts receivable41€43k€11k
Cash at bank and in hand54/58€134k€213k
Deferred charges and accrued income490/1€9k€11k
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.24M
Equity10/15€836k€848k
Contributions10/11€372k€372k=
Reserves13€21k€21k=
Non-distributable reserves130/1€21k€21k=
Reserves not available under the articles1311€21k€21k=
Distributable reserves133€195€195=
Profit (loss) carried forward14€376k€392k
Investment grants15€67k€63k
Amounts payable17/49€1.54M€1.39M
Amounts payable after more than one year17€762k€894k
Financial debts170/4€762k€894k
Amounts payable within one year42/48€777k€498k
Current portion of amounts payable after more than one year42€177k€138k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€549k€289k
Suppliers440/4€549k€289k
Taxes, remuneration and social security45€50k€68k
Taxes450/3€50k€33k
Remuneration and social security454/9-€35k
Other amounts payable47/48€26€26=
Accrued charges and deferred income492/3€339€2k
Income statement Code20242025
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€397k€404k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€199k
Other operating charges640/8€29k€29k=
Gross operating margin9900€668k€666k
Operating profit (loss)9901€59k€34k
Financial income75/76B€4k€4k
Recurring financial income75€4k€4k
Financial charges65/66B€22k€23k
Recurring financial charges65€22k€23k
Profit (loss) for the period before taxes9903€41k€15k
Profit (loss) for the period9904€41k€15k
Profit (loss) for the period to be appropriated9905€41k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€376k€392k
Profit (loss) brought forward from the previous period14P€335k€376k
Social balance
Average headcount (FTE)90874.24.1

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
07-08
State Gazette act Resignation: Baudecet (managing director)
Appointment: Bommers Wilhelm (managing director)3 facts ▸
  • General meeting, 08/12/2025
  • Director resignation, Baudecet (managing director)
  • Director appointment, Bommers Wilhelm (managing director)
29-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
27-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial Back to profitnet €94k
Net result €94k after one loss-making year.
24-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Weakest financial yearnet €-143k ▼467%
Net result drops to €-143k, the lowest in the series; recovery starts the following year.
02-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2020
18-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial Back to profitnet €246k
Net result €246k after one loss-making year.
30-06
Financial Equity above €500kEq €661k ▲74.7%
Equity rises from €378k to €661k.
14-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
15-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
13-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2026
Bommers Wilhelm
Managing director · since 07-08-2026
Current
07-08-2026 Bommers Wilhelm: Appointed as Managing director
07-08-2026 Baudecet: Resigned as Managing director
Location & real-estate footprint
Registered office, Gembloux · 1 establishment unit since 1995
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.

Grand-Chemin-de-Wavre 45030 Gembloux
1 establishment unit
Grand-Chemin-de-Wavre 4, 5030 Gembloux
Air transport
since 19952.073.065.885

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gembloux2.073.065.885
8 permissions
Loonwerker - gebruik en opslag gewasbeschermingsmiddelen · since 20-04-2022
Toelating · Opslag kamer t° levensmiddelen · since 24-11-2015
Toelating · Verpakker levensmiddelen · since 24-11-2015
and 5 more

Similar companies · same sector, comparable size

Of 75 companies in sector 10311 we hold annual accounts for 57. 40 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formCooperative company
Founded31-08-1995
Fiscal year end30-06
Activities, NACEBEL 2025
01630Crop and animal production, hunting and related service activities
10311Manufacture of food products
46319Wholesale of fruit and vegetables, excluding potatoes
46851Wholesale of industrial chemicals
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filings

Scores and ratios are computed by Checked and are not a credit decision.