CONDOTTI
ActiveSummary
The computed 12-month bankruptcy probability of CONDOTTI is 1.6% (moderate). The 2025 annual accounts show negative equity (€-58k) and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.67 against 9.12 in 2024; short-term debt: 36% and cash: 66.4% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-106.3%
Return on assets
-35.4%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-58k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
6 d early
2023
5 d early
2022
4 d early
2021
9 d early
2020
2 d early
2019
6 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-58k▼ 50.0%
2024 · €-39k
2019: €-95k
2020: €-14k
2021: €-3k
2022: €-34k
2023: €3k
2024: €-39k
2019 → 2025
Total assets
€54k▼ 30.8%
2024 · €79k
2019: €112k
2020: €164k
2021: €163k
2022: €98k
2023: €125k
2024: €79k
2019 → 2025
Net result
€-19k▲ 53.9%
2024 · €-42k
2019: €-15k
2020: €81k
2021: €11k
2022: €-30k
2023: €37k
2024: €-42k
2019 → 2025
Working capital
€33k▼ 51.4%
2024 · €67k
2019: €15k
2020: €80k
2021: €79k
2022: €67k
2023: €117k
2024: €67k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-34k▼ 884%€3k€-39k€-58k▼ 50.0%
Operating result€13k-€-30k€41k€-37k€-15k▲ 59.2%
Net result€11k-€-30k€37k€-42k€-19k▲ 53.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€2k ▼ 28.9%
Current assets
€52k ▼ 30.9%
Key figures and ratios
EBITDA
€-14k▲
2024 · €-36k
Cash flow
€-18k▲
2024 · €-40k
Solvency
-106.3%▼
2024 · -49.0%
Current ratio
2.67▼
2024 · 9.12
Quick ratio
1.95▼
2024 · 7.02
Debt to equity
-1.94▲
2024 · -3.04
ROA
-35.4%▲
2024 · -53.1%
Interest coverage
-4.07▲
2024 · -9.48
Debt
€112k▼
2024 · €117k
Debt ≤ 1 year
€20k▲
2024 · €8k
Debt > 1 year
€84k▼
2024 · €87k
Income taxes
€429▼
2024 · €448
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€54k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€2k€854▼
Financial fixed assets28€27€27=
Current assets29/58€76k€52k▼
Stocks and contracts in progress3€17k€14k▼
Stocks30/36€17k€14k▼
Amounts receivable within one year40/41€3k€71▼
Other amounts receivable41€3k€71▼
Cash at bank and in hand54/58€53k€36k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€79k€54k▼
Equity10/15€-39k€-58k▼
Contributions10/11€66k€66k=
Reserves13€793€793=
Distributable reserves133€793€793=
Profit (loss) carried forward14€-105k€-125k▼
Amounts payable17/49€117k€112k▼
Amounts payable after more than one year17€87k€84k▼
Financial debts170/4€87k€84k▼
Amounts payable within one year42/48€8k€20k▲
Trade debts44€8k€15k▲
Suppliers440/4€8k€15k▲
Taxes, remuneration and social security45€350€5k▲
Taxes450/3€350€5k▲
Other amounts payable47/48€316€451▲
Accrued charges and deferred income492/3€22k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€821▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-35k€-13k▲
Operating profit (loss)9901€-37k€-15k▲
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-41k€-19k▲
Income taxes67/77€448€429▼
Profit (loss) for the period9904€-42k€-19k▲
Profit (loss) for the period to be appropriated9905€-42k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-125k▼
Profit (loss) brought forward from the previous period14P€-64k€-105k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-42k ▼213%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
31-03
Financial
Liquidity quadruplescurrent ratio 23.51
Current ratio from 5.74 to 23.51; short-term debt falls from €14k to €5k.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 5.74
Current ratio from 2.48 to 5.74; short-term debt falls from €53k to €14k.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €81k
Net result €81k after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 2.88
Current ratio from 1.36 to 2.88; short-term debt falls from €43k to €42k.
Show earlier events
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2022
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.
Belgiëlei 1852018 AntwerpenGround area
1,295 m²
Building footprint
544 m²
Volume, LiDAR
11,126 m³
Parcel 11806F1388/00A005, Flanders · tallest building 25.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Belgiëlei 185, 2018 Antwerpen
since 20222.330.070.751
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1388/00A005 | Flanders | 1,295 m² | 1 · 544 m² | 25.6 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SCHILDERWERKEN DVD
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SWS PROJECTS
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Vandebroek Vloeren
BE 1017.003.131
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JADY-RENOLUX
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Of 914 companies in sector 43333 we hold annual accounts for 400. 101 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 formPrivate limited company
Founded05-04-2004
Fiscal year end31-03
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.