CONDUX
ActiveSummary
CONDUX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €881,225 and a net result of €6,639. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-33
Solvency75=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 4.91 against 4.42 in 2024; short-term debt: 13.9% and cash: 0.3% of total assets), and 49.9% of the assets are financed with debt.
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Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
50.1%
Return on assets
0.4%
Age of the figures
15 mo
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
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
18192122232425
2018 to 2025 · latest year €881,225
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 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
3 d early
2023
40 d early
2022
40 d early
2021
3 d early
2019
27 d late
2018
8 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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. Usually files around 22 December (5 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€881,225▲ 0.8%
2024 · €874,585
Total assets
€1.8m▲ 1.5%
2024 · €1.7m
Net result
€6,639▼ 99.1%
2024 · €728,706
Working capital
€958,411▼ 4.5%
2024 · €1.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€314,944-€54,597▼ 82.7%€66,045▲ 21.0%€57,734▼ 12.6%€37,365▼ 35.3%
Net result€231,495above the sector's middle half-€27,766within the sector's middle half▼ 88.0%€40,143within the sector's middle half▲ 44.6%€728,706above the sector's middle half▲ 1,715%€6,639within the sector's middle half▼ 99.1%
Equity€105,736within the sector's middle half-€105,736within the sector's middle half=€145,880within the sector's middle half▲ 38.0%€874,585above the sector's middle half▲ 500%€881,225above the sector's middle half▲ 0.8%
Total assets€648,270above the sector's middle half-€565,391above the sector's middle half▼ 12.8%€629,302above the sector's middle half▲ 11.3%€1.7mabove the sector's middle half▲ 175%€1.8mabove the sector's middle half▲ 1.5%
Debt€542,534-€459,655▼ 15.3%€483,422▲ 5.2%€858,167▲ 77.5%€877,793▲ 2.3%
Working capital€53,851within the sector's middle half-€33,151within the sector's middle half▼ 38.4%€69,885within the sector's middle half▲ 111%€1.0mabove the sector's middle half▲ 1,336%€958,411above the sector's middle half▼ 4.5%
Solvency16.3%below the sector's middle half-18.7%below the sector's middle half▲ 2.4pp23.2%below the sector's middle half▲ 4.5pp50.5%within the sector's middle half▲ 27.3pp50.1%within the sector's middle half▼ 0.4pp
Current ratio1.14below the sector's middle half-1.12below the sector's middle half▼ 0.021.26within the sector's middle half▲ 0.144.42above the sector's middle half▲ 3.164.91above the sector's middle half▲ 0.49
Return on assets (ROA)35.7%above the sector's middle half-4.9%within the sector's middle half▼ 30.8pp6.4%within the sector's middle half▲ 1.5pp42.1%above the sector's middle half▲ 35.7pp0.4%below the sector's middle half▼ 41.7pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Net result -88% on 2021. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€555,460 ▲ 27.5%
Current assets
€1.2m ▼ 7.2%
Equity and liabilities €1.8m
Equity
€881,225 ▲ 0.8%
Debt
€877,793 ▲ 2.3%
Debt's share of the balance-sheet total rises from 49.5% to 49.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,966▼
2024 · €58,073
Cash flow
€7,240▼
2024 · €729,044
Quick ratio
3.35▼
2024 · 3.43
Debt to equity
1.00▲
2024 · 0.98
ROE
0.8%▼
2024 · 83.3%
Interest coverage
1.38▼
2024 · 1.70
Debt ≤ 1 year
€245,147▼
2024 · €293,702
Debt > 1 year
€632,647▲
2024 · €549,082
Income taxes
€3,189▼
2024 · €11,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,048 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,000 | €7,890 | €7,975 | €339 | €601 | ▲ 77.3% |
| Other operating charges640/8 | - | €2,185 | €1,279 | €2,338 | €14,170 | ▲ 506% |
| Gross operating margin9900 | €325,388 | €64,672 | €75,299 | €60,411 | €52,136 | ▼ 13.7% |
| Operating profit (loss)9901 | €314,944 | €54,597 | €66,045 | €57,734 | €37,365 | ▼ 35.3% |
| Financial income75/76B | - | €32 | €11,094 | €717,115 | - | - |
| Recurring financial income75 | €7,041 | €32 | €11,094 | €717,115 | - | - |
| Financial charges65/66B | - | €13,616 | €20,905 | €34,180 | €27,537 | ▼ 19.4% |
| Recurring financial charges65 | €13,695 | €13,616 | €20,905 | €34,180 | €27,537 | ▼ 19.4% |
| Profit (loss) for the period before taxes9903 | €308,290 | €41,013 | €56,234 | €740,669 | €9,828 | ▼ 98.7% |
| Income taxes67/77 | €76,795 | €13,247 | €16,091 | €11,963 | €3,189 | ▼ 73.3% |
| Profit (loss) for the period9904 | €231,495 | €27,766 | €40,143 | €728,706 | €6,639 | ▼ 99.1% |
| Profit (loss) for the period to be appropriated9905 | €231,495 | €27,766 | €40,143 | €728,706 | €6,639 | ▼ 99.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €648,270 | €565,391 | €629,302 | €1.7m | €1.8m | ▲ 1.5% |
| Fixed assets21/28 | €214,710 | €252,823 | €288,157 | €435,706 | €555,460 | ▲ 27.5% |
| Tangible fixed assets22/27 | €31,182 | €26,942 | €19,923 | €400,606 | €520,360 | ▲ 29.9% |
| Furniture and vehicles24 | - | €24,985 | €17,010 | €762 | €1,733 | ▲ 127% |
| Assets under construction and advance payments27 | - | €1,957 | €2,912 | €399,844 | €518,627 | ▲ 29.7% |
| Financial fixed assets28 | €183,529 | €225,881 | €268,234 | €35,100 | €35,100 | = |
| Current assets29/58 | €433,560 | €312,568 | €341,145 | €1.3m | €1.2m | ▼ 7.2% |
| Stocks and contracts in progress3 | €190,729 | €192,675 | €271,008 | €288,474 | €382,360 | ▲ 32.5% |
| Stocks30/36 | - | €192,675 | €271,008 | €288,474 | €382,360 | ▲ 32.5% |
| Amounts receivable within one year40/41 | €44,933 | €38,078 | €55,434 | €824,103 | €811,635 | ▼ 1.5% |
| Trade receivables40 | - | €2,918 | €19,682 | €9,874 | €19,155 | ▲ 94.0% |
| Other amounts receivable41 | - | €35,160 | €35,752 | €814,229 | €792,480 | ▼ 2.7% |
| Cash at bank and in hand54/58 | €197,095 | €76,496 | €13,541 | €181,347 | €4,712 | ▼ 97.4% |
| Deferred charges and accrued income490/1 | - | €5,320 | €1,161 | €3,123 | €4,851 | ▲ 55.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €648,270 | €565,391 | €629,302 | €1.7m | €1.8m | ▲ 1.5% |
| Equity10/15 | €105,736 | €105,736 | €145,880 | €874,585 | €881,225 | ▲ 0.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Outside capital11 | - | €18,600 | - | - | - | - |
| Other1109/19 | - | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | €85,276 | €85,276 | €125,420 | €854,125 | €860,765 | ▲ 0.8% |
| Amounts payable17/49 | €542,534 | €459,655 | €483,422 | €858,167 | €877,793 | ▲ 2.3% |
| Amounts payable after more than one year17 | €162,825 | €176,400 | €212,162 | €549,082 | €632,647 | ▲ 15.2% |
| Financial debts170/4 | - | €174,900 | €210,662 | €547,582 | €631,147 | ▲ 15.3% |
| Other amounts payable178/9 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Amounts payable within one year42/48 | €379,709 | €279,417 | €271,260 | €293,702 | €245,147 | ▼ 16.5% |
| Current portion of amounts payable after more than one year42 | - | €18,225 | €20,642 | €23,719 | €25,444 | ▲ 7.3% |
| Trade debts44 | €53,551 | €27,167 | €4,271 | €3,378 | €6,036 | ▲ 78.7% |
| Suppliers440/4 | - | €27,167 | €4,271 | €3,378 | €6,036 | ▲ 78.7% |
| Taxes, remuneration and social security45 | - | €21,068 | €36,805 | €27,659 | €19,179 | ▼ 30.7% |
| Taxes450/3 | - | €21,068 | €29,319 | €20,427 | €11,946 | ▼ 41.5% |
| Remuneration and social security454/9 | - | - | €7,486 | €7,232 | €7,232 | = |
| Other amounts payable47/48 | - | €212,958 | €209,542 | €238,946 | €194,487 | ▼ 18.6% |
| Accrued charges and deferred income492/3 | - | €3,837 | - | €15,383 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €231,495 | €27,766 | €40,143 | €728,706 | €6,639 | ▼ 99.1% |
| + Depreciation and write-downs630 | €7,000 | €7,890 | €7,975 | €339 | €601 | ▲ 77.3% |
| Operating cash flow (approximation) | €238,495 | €35,657 | €48,118 | €729,044 | €7,240 | ▼ 99.0% |
| Investment in fixed assets (approximation) | - | -€46,003 | -€43,309 | -€147,888 | -€120,355 | ▲ 18.6% |
| Change in cash | - | -€120,599 | -€62,955 | €167,806 | -€176,635 | ▼ 205% |
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
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €6,639 ▼99.1%
Net result drops to €6,639, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2018net €728,706 ▲1,715%
Net result €728,706, the highest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 4.42
Current ratio from 1.26 to 4.42.
30-06
Financial
Equity above €500,000Eq €874,585 ▲500%
6 profitable years in a row build equity to €874,585.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity quadruplescurrent ratio 1.14
Current ratio from 0.31 to 1.14.
30-06
Financial
Equity above €100,000Eq €105,736 ▲42.4%
3 profitable years in a row build equity to €105,736.
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Show earlier events
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2014
Ground area
358 m²
Building footprint
426 m²
Volume, LiDAR
1,933 m³
Parcel 11303C0264/00H020, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Condux
since 20142.228.335.171
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0264/00H020 | Flanders | 358 m² | 1 · 425 m² | 8.9 m · 1 fl. |
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
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
35%
According to the annual accounts to 30-06-2025 of CONDUX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 3,621 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
Founded27-02-2014
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0547638343
Registered
28-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.