CONDUGO
ActiveCONDUGO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €26k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.95 against 8.19 in 2024; short-term debt: 25.3% and cash: 78.7% of total assets), and 25.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.7%
Return on assets
37.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €51k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
29 d late
2022
88 d late
2021
17 d late
2020
1 d early
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 0.2%
2024 · €51k
2018: €88k
2019: €102k
2020: €109k
2021: €113k
2022: €111k
2023: €5k
2024: €51k
2018 → 2025
Total assets
€69k▲ 15.3%
2024 · €60k
2018: €156k
2019: €154k
2020: €206k
2021: €155k
2022: €211k
2023: €13k
2024: €60k
2018 → 2025
Net result
€26k▼ 62.7%
2024 · €69k
2018: €15k
2019: €15k
2020: €7k
2021: €3k
2022: €-2k
2023: €-106k
2024: €69k
2018 → 2025
Working capital
€51k▼ 2.0%
2024 · €52k
2018: €58k
2019: €23k
2020: €109k
2021: €77k
2022: €168k
2023: €5k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€111k▼ 1.6%€5k▼ 95.2%€51k▲ 862%€51k▲ 0.2%
Operating result€4k-€-1k€-105k▼ 7,695%€70k€26k▼ 62.7%
Net result€3k-€-2k€-106k▼ 5,881%€69k€26k▼ 62.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €69k
Equity
€51k▲ 0.2%
Debt
€17k▲ 107%
The debt ratio rises from 14.1% to 25.3%. Equity and debt are higher.
Key figures and ratios
Solvency
74.7%▼
2024 · 85.9%
Current ratio
3.95▼
2024 · 8.19
Quick ratio
3.95▼
2024 · 8.19
Debt / equity
0.34▲
2024 · 0.16
ROE
50.1%▼
2024 · 134.7%
ROA
37.4%▼
2024 · 115.8%
Debt
€17k▲
2024 · €8k
Debt ≤ 1 year
€17k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€60k€69k▲
Current assets29/58€60k€69k▲
Amounts receivable within one year40/41€8k€13k▲
Trade receivables40€8k€12k▲
Other amounts receivable41-€500
Cash at bank and in hand54/58€39k€54k▲
Deferred charges and accrued income490/1€13k€2k▼
Equity and liabilities
Total equity and liabilities10/49€60k€69k▲
Equity10/15€51k€51k▲
Contributions10/11€96k€70k▼
Profit (loss) carried forward14€-45k€-19k▲
Amounts payable17/49€8k€17k▲
Amounts payable within one year42/48€7k€17k▲
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€827€12k▲
Taxes450/3€827€12k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Other operating charges640/8€555€400▼
Gross operating margin9900€70k€26k▼
Operating profit (loss)9901€70k€26k▼
Financial charges65/66B€125€225▲
Recurring financial charges65€125€225▲
Profit (loss) for the period before taxes9903€70k€26k▼
Income taxes67/77€440-
Profit (loss) for the period9904€69k€26k▼
Profit (loss) for the period to be appropriated9905€69k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-19k▲
Profit (loss) brought forward from the previous period14P€-114k€-45k▲
The notes to these accounts (3 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €69k
Net result €69k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 8.19
Current ratio from 1.71 to 8.19; short-term debt falls from €8k to €7k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 6.66
Current ratio from 2.80 to 6.66; short-term debt falls from €42k to €30k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 5.01
Current ratio from 1.83 to 5.01; short-term debt falls from €28k to €27k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲16.6%
2 profitable years in a row build equity to €102k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
26-07
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
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, Ukkel · 1 establishment unit since 2015
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.
Ohaindal 101180 UkkelGround area
585 m²
Building footprint
169 m²
Volume, LiDAR
1,029 m³
Parcel 21612D0498/00L003, Brussels · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CONDUGO
since 20152.244.739.455
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0498/00L003 | Brussels | 585 m² | 1 · 169 m² | 12.1 m · 2 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.
Public money · subsidies and aid
European research
2 projects · 1 as coordinator · 288,359 EUR EU contributionProgrammes
h2020
Projects
fRamework for Actual Cooperation on Energy on Sites and Parks
The next generation energy management solution for industry 4.0
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 6,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.