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CONDO INVEST

Active
Private limited company (pre-2019)founded 2015active for 11 yearsOmlooplaan 30, 9470 Denderleeuw, BelgiumKBO/BCE: BE 0630.957.284
Summary

CONDO INVEST has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€60,280) and a net result of -€119,888. Equity has been shrinking by about 9.5% per year since 2018. Its solvency ranks better than 16% of 19,158 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 29-05-2015 Normal situation
Activity
Development of non-residential building projects NACE 68122
Establishment unit
2.250.300.129 9470 Denderleeuw, since 29-05-2015
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Coene JennaDirector
  • Coene MarcDirector

Financial position

53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2024
Gross margin
-€79,163
▼ 229%
Loss
€119,888
▲ 128%
Equity
-€60,280
Total assets
€1.7m
▼ 12.1%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 94 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2024 (filed on 29-08-2025)Negative equity -€60,280lowers riskSector: Real estate activities (NACE 68)Size: total assets €1.7mShow the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 21-7
equity -3.6% of total assets
Liquidity 17-33
short-term debt 103.6% · cash 13.5%
Profitability 20+5
return on assets -7.1%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.3 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.5%▼ -0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.3%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 1.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.97 (1.03 in 2023), below 1. Short-term debt is 103.6% and cash 13.5% of total assets. Equity is negative.
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 68, micro). It does better than 17% of them on solvency, 14% on liquidity, 20% on profitability and 3% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 29-08-2025)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€60,280
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€60,280
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
30 days late
2022
87 days late
2021
30 days late
2020
29 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€60,280 View
  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€119,888 View
  • Caution: Result fell in 2024from -€52,534 to -€119,888 ▼ 128% View
  • Caution: Lower net result than 95% of companies in real estatesector median €4,579 · 19,146 companies -€119,888 View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as CONDO INVEST: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €1.4m and €3m, founded between 2014 and 2016.

CompanyTotal assetsGross margin
CONDO INVEST Denderleeuw€1.7m-€0.08m
BVI.EU WAVRE Q Wavre€1.8m-€0.04m
TURENNE Tournai€1.5m-€0.008m
LV2 Brussel€1.9m-€0.02m
Eckelmans Projects Tervuren Leuven€1.4m-€0.08m
COHOUSING PROJECTS Gent€2.8m-€0.1m
eARThlabs Ronse€3.0m-€0.006m
Full comparison

Key facts about CONDO INVEST

What is the company number of CONDO INVEST?
The company number of CONDO INVEST is 0630.957.284. The VAT number is the same number with BE in front: BE 0630.957.284.
Where is CONDO INVEST based?
The registered office is at Omlooplaan 30, 9470 Denderleeuw.Company details
What does CONDO INVEST do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of CONDO INVEST?
The legal form of CONDO INVEST is Private limited company (pre-2019) (BVBA).
When was CONDO INVEST founded?
CONDO INVEST was founded on 29-05-2015.
Is CONDO INVEST still active?
Yes, CONDO INVEST is an active enterprise in the KBO register.
What is the turnover of CONDO INVEST?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is CONDO INVEST profitable?
In financial year 2024, CONDO INVEST made a loss of €119,888.
Where can I find the annual accounts of CONDO INVEST?
CONDO INVEST filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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