CONESSENCE
ActiveSummary
CONESSENCE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,812 and a net result of -€14,629. Equity is shrinking by ~26.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 18% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+9
Solvency29=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.47 in 2024; short-term debt: 32.8% and cash: 4.2% of total assets), and 95.8% of the assets are financed with debt.
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Signals
Six 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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 · 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
4.2%
Return on assets
-0.9%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€14,629
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 483 sector peers (2025).
NBB · sector comparisonPosition among 483 sector peers
Solvency
better than 18%
← weakest
strongest →
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
1 d early
2022
46 d early
2021
24 d early
2020
5 d early
2019
32 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 6 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€70,812▼ 17.1%
2024 · €85,442
Total assets
€1.7m▼ 12.5%
2024 · €1.9m
Net result
-€14,629▲ 63.3%
2024 · -€39,875
Working capital
-€370,226▼ 3.2%
2024 · -€358,832
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€74,665▲ 44.7%€272,678€67,383▼ 75.3%€37,500▼ 44.3%€55,235▲ 47.3%
Net result-€194,412▼ 29.9%€244,405-€56,314-€39,875▲ 29.2%-€14,629▲ 63.3%
Equity-€62,774€181,631€125,317▼ 31.0%€85,442▼ 31.8%€70,812▼ 17.1%
Total assets€1.0m▲ 150%€1.4m▲ 35.4%€1.5m▲ 12.3%€1.9m▲ 26.2%€1.7m▼ 12.5%
Debt€1.1m▲ 293%€1.2m▲ 10.7%€1.4m▲ 18.8%€1.9m▲ 31.3%€1.6m▼ 12.3%
Working capital-€357,046-€100,317▲ 71.9%-€198,886▼ 98.3%-€358,832▼ 80.4%-€370,226▼ 3.2%
Staff (FTE)1▼ 44.4%3.53.7▲ 5.7%4.6▲ 24.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.5m ▼ 6.9%
Current assets
€188,747 ▼ 41.2%
Equity and liabilities €1.7m
Equity
€70,812 ▼ 17.1%
Debt
€1.6m ▼ 12.3%
Debt's share of the balance-sheet total rises from 95.6% to 95.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€195,228▲
2024 · €148,778
Cash flow
€125,363▲
2024 · €71,403
Current ratio
0.34▼
2024 · 0.47
Debt to equity
23.06▲
2024 · 21.80
ROE
-20.7%▲
2024 · -46.7%
ROA
-0.9%▲
2024 · -2.0%
Interest coverage
5.35▲
2024 · 4.39
Debt ≤ 1 year
€558,972▼
2024 · €679,750
Debt > 1 year
€1.1m▼
2024 · €1.2m
Income taxes
€33,843▼
2024 · €44,330
Staff costs
€324,860▲
2024 · €262,390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,038 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a small loss
2.9%
went bankrupt
2.7%
stopped otherwise
94%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,038 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €3,310 | €2,295 | ▼ 30.6% |
| Remuneration, social security and pensions62 | - | €79,648 | €191,515 | €262,390 | €324,860 | ▲ 23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,453 | €85,270 | €76,029 | €111,278 | €139,993 | ▲ 25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €3,226 | €4,823 | €6,985 | €4,931 | ▼ 29.4% |
| Non-recurring operating charges66A | - | - | - | €985 | €0 | ▼ 100% |
| Gross operating margin9900 | €10,781 | €440,822 | €339,750 | €419,139 | €525,019 | ▲ 25.3% |
| Operating profit (loss)9901 | -€74,665 | €272,678 | €67,383 | €37,500 | €55,235 | ▲ 47.3% |
| Financial income75/76B | - | €1,058 | €22 | €851 | €463 | ▼ 45.6% |
| Recurring financial income75 | €3,636 | €1,058 | €22 | €851 | €463 | ▼ 45.6% |
| Financial charges65/66B | - | €26,350 | €25,739 | €33,896 | €36,484 | ▲ 7.6% |
| Recurring financial charges65 | €133,197 | €18,850 | €25,739 | €33,896 | €36,484 | ▲ 7.6% |
| Non-recurring financial charges66B | - | €7,500 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€194,140 | €247,386 | €41,666 | €4,455 | €19,214 | ▲ 331% |
| Income taxes67/77 | €272 | €2,982 | €97,981 | €44,330 | €33,843 | ▼ 23.7% |
| Profit (loss) for the period9904 | -€194,412 | €244,405 | -€56,314 | -€39,875 | -€14,629 | ▲ 63.3% |
| Profit (loss) for the period to be appropriated9905 | -€194,412 | €244,405 | -€56,314 | -€39,875 | -€14,629 | ▲ 63.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.4m | €1.5m | €1.9m | €1.7m | ▼ 12.5% |
| Fixed assets21/28 | €995,912 | €1.2m | €1.3m | €1.6m | €1.5m | ▼ 6.9% |
| Tangible fixed assets22/27 | €986,584 | €1.2m | €1.3m | €1.6m | €1.5m | ▼ 6.9% |
| Land and buildings22 | - | €862,647 | €905,815 | €1.2m | €1.1m | ▼ 5.3% |
| Plant, machinery and equipment23 | - | €0 | €4,992 | €3,044 | €1,097 | ▼ 64.0% |
| Furniture and vehicles24 | - | €63,911 | €97,418 | €84,392 | €75,306 | ▼ 10.8% |
| Other tangible fixed assets26 | - | €247,441 | €290,949 | €353,712 | €315,914 | ▼ 10.7% |
| Financial fixed assets28 | €9,328 | €1,640 | €2,896 | €510 | €438 | ▼ 14.1% |
| Current assets29/58 | €19,752 | €199,359 | €241,532 | €320,918 | €188,747 | ▼ 41.2% |
| Amounts receivable within one year40/41 | €16,334 | €29,879 | €38,944 | €187,708 | €46,721 | ▼ 75.1% |
| Trade receivables40 | - | €23,241 | €38,392 | €187,708 | €46,721 | ▼ 75.1% |
| Other amounts receivable41 | - | €6,639 | €552 | €0 | - | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,418 | €78,992 | €61,890 | €25,667 | €72,046 | ▲ 181% |
| Deferred charges and accrued income490/1 | - | €90,488 | €140,699 | €107,544 | €69,980 | ▼ 34.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.4m | €1.5m | €1.9m | €1.7m | ▼ 12.5% |
| Equity10/15 | -€62,774 | €181,631 | €125,317 | €85,442 | €70,812 | ▼ 17.1% |
| Contributions10/11 | €0 | €47,992 | €47,992 | €47,992 | €47,992 | = |
| Outside capital11 | - | €47,992 | €47,992 | - | - | - |
| Share premium1100/10 | - | €20,592 | €20,592 | - | - | - |
| Other1109/19 | - | €27,400 | €27,400 | - | - | - |
| Reserves13 | €277,740 | €277,740 | €72,740 | €37,450 | €22,820 | ▼ 39.1% |
| Non-distributable reserves130/1 | - | €2,740 | €2,740 | €0 | - | - |
| Reserves not available under the articles1311 | - | €2,740 | €2,740 | €0 | - | - |
| Distributable reserves133 | - | €275,000 | €70,000 | €37,450 | €22,820 | ▼ 39.1% |
| Profit (loss) carried forward14 | -€388,506 | -€144,101 | €4,585 | €0 | - | - |
| Amounts payable17/49 | €1.1m | €1.2m | €1.4m | €1.9m | €1.6m | ▼ 12.3% |
| Amounts payable after more than one year17 | €701,640 | €888,273 | €976,936 | €1.2m | €1.1m | ▼ 7.5% |
| Financial debts170/4 | - | €888,273 | €976,936 | €1.2m | €1.1m | ▼ 7.5% |
| Amounts payable within one year42/48 | €376,799 | €299,676 | €440,418 | €679,750 | €558,972 | ▼ 17.8% |
| Current portion of amounts payable after more than one year42 | - | €63,957 | €150,894 | €231,197 | €135,691 | ▼ 41.3% |
| Financial debts43 | - | €80,389 | €13 | €0 | - | - |
| Credit institutions430/8 | - | €80,389 | €13 | €0 | - | - |
| Trade debts44 | €16,667 | €133,723 | €180,885 | €316,263 | €169,885 | ▼ 46.3% |
| Suppliers440/4 | - | €133,723 | €180,885 | €316,263 | €169,885 | ▼ 46.3% |
| Advances received on contracts in progress46 | - | €0 | - | - | €365 | - |
| Taxes, remuneration and social security45 | - | €21,607 | €105,550 | €80,178 | €86,969 | ▲ 8.5% |
| Taxes450/3 | - | €11,764 | €85,572 | €60,919 | €59,624 | ▼ 2.1% |
| Remuneration and social security454/9 | - | €9,843 | €19,978 | €19,259 | €27,346 | ▲ 42.0% |
| Other amounts payable47/48 | - | €0 | €3,076 | €52,112 | €166,062 | ▲ 219% |
| Accrued charges and deferred income492/3 | - | €5,419 | €931 | €24,532 | €2,847 | ▼ 88.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€194,412 | €244,405 | -€56,314 | -€39,875 | -€14,629 | ▲ 63.3% |
| + Depreciation and write-downs630 | €24,453 | €85,270 | €76,029 | €111,278 | €139,993 | ▲ 25.8% |
| Operating cash flow (approximation) | -€169,958 | €329,674 | €19,715 | €71,403 | €125,363 | ▲ 75.6% |
| Investment in fixed assets (approximation) | - | -€264,997 | -€202,459 | -€436,523 | -€27,979 | ▲ 93.6% |
| Change in cash | - | €75,574 | -€17,103 | -€36,223 | €46,379 | ▲ 228% |
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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €244,405
Net result €244,405 after 3 loss-making years.
30-06
Financial
Equity above €150,000Eq €181,631
Equity rises from -€62,774 to €181,631.
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€194,412
Net result drops to -€194,412, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Gent · 1 establishment unit since 2009
Ground area
1.1 ha
Building footprint
3,960 m²
Parcel 44062B0301/00D003, Flanders. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
CONESSENCE
since 20092.182.177.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0301/00D003 | Flanders | 1.1 ha | 1 · 3,960 m² | - |
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
2 ownersOwners 2
-
50%
-
50%
Holdings 0
The accounts to 30-06-2025 list no holdings, and no other source names one.
According to the annual accounts to 30-06-2025 of CONESSENCE 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 4,528 EUR awarded · 4,825 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,898 EUR | 3,898 EUR |
| 2023 | 1 | 630 EUR | 927 EUR |
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Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 1,246 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
Founded05-10-2009
Fiscal year end30-06
Activities, NACEBEL 2025
63920Other information service activities
64999Other financial services
64210Activities of holding companies
Contact
Website
www.conessence.com
E-mail
info@conessence.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0819266552
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.