CONFIDE
ActiveSummary
CONFIDE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,740 and a net result of -€2,579. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-35
Solvency100▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 6.16 against 2.31 in 2024; short-term debt: 11.3% and cash: 48.4% of total assets), and 11.3% of the assets are financed with debt.
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Signals
Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-02-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
1 d early
2023
33 d early
2022
30 d early
2021
39 d early
2020
36 d early
2019
30 d early
← 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 37 days before the deadline; the sector median for financial year 2024 is 9 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€78,740▼ 3.2%
2024 · €81,319
Total assets
€88,817▼ 23.5%
2024 · €116,114
Net result
-€2,579
2024 · €39,966
Working capital
€51,997▲ 13.9%
2024 · €45,663
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€18,197▲ 279%-€429€33,675€59,544▲ 76.8%€2,271▼ 96.2%
Net result€12,825within the sector's middle half▲ 228%-€1,137below the sector's middle half€20,360within the sector's middle half€39,966within the sector's middle half▲ 96.3%-€2,579below the sector's middle half
Equity€46,843within the sector's middle half▼ 5.1%€39,967within the sector's middle half▼ 14.7%€55,837within the sector's middle half▲ 39.7%€81,319below the sector's middle half▲ 45.6%€78,740within the sector's middle half▼ 3.2%
Total assets€78,777below the sector's middle half▲ 39.6%€55,508below the sector's middle half▼ 29.5%€85,254within the sector's middle half▲ 53.6%€116,114below the sector's middle half▲ 36.2%€88,817below the sector's middle half▼ 23.5%
Debt€31,933▲ 352%€15,541▼ 51.3%€29,416▲ 89.3%€34,795▲ 18.3%€10,077▼ 71.0%
Working capital€37,297▼ 15.6%€14,764▼ 60.4%€28,811▲ 95.1%€45,663▲ 58.5%€51,997▲ 13.9%
Solvency59.5%within the sector's middle half▼ 28.0pp72.0%within the sector's middle half▲ 12.5pp65.5%within the sector's middle half▼ 6.5pp70.0%within the sector's middle half▲ 4.5pp88.7%above the sector's middle half▲ 18.6pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,817
Fixed assets
€26,743 ▼ 25.0%
Current assets
€62,074 ▼ 22.8%
Equity and liabilities €88,817
Equity
€78,740 ▼ 3.2%
Debt
€10,077 ▼ 71.0%
Debt's share of the balance-sheet total falls from 30.0% to 11.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12,352▼
2024 · €69,728
Cash flow
€7,503▼
2024 · €50,150
Current ratio
6.16▲
2024 · 2.31
Debt to equity
0.13▼
2024 · 0.43
ROE
-3.3%▼
2024 · 49.1%
ROA
-2.9%▼
2024 · 34.4%
Interest coverage
6.02▼
2024 · 28.55
Debt ≤ 1 year
€10,077▼
2024 · €34,795
Income taxes
€2,797▼
2024 · €17,136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
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 497,662 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% | 1.7% |
| 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 75% 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 6,915 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 | €3,324 | €7,100 | €7,747 | €10,184 | €10,081 | ▼ 1.0% |
| Other operating charges640/8 | - | €798 | €2,200 | €1,468 | €2,012 | ▲ 37.1% |
| Gross operating margin9900 | €22,537 | €7,469 | €43,623 | €71,196 | €14,364 | ▼ 79.8% |
| Operating profit (loss)9901 | €18,197 | -€429 | €33,675 | €59,544 | €2,271 | ▼ 96.2% |
| Financial income75/76B | - | €1 | €28 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €3 | €1 | €28 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | - | €191 | €1,575 | €2,442 | €2,053 | ▼ 16.0% |
| Recurring financial charges65 | €334 | €191 | €1,575 | €2,442 | €2,053 | ▼ 16.0% |
| Profit (loss) for the period before taxes9903 | €17,867 | -€619 | €32,129 | €57,102 | €218 | ▼ 99.6% |
| Income taxes67/77 | €5,042 | €519 | €11,769 | €17,136 | €2,797 | ▼ 83.7% |
| Profit (loss) for the period9904 | €12,825 | -€1,137 | €20,360 | €39,966 | -€2,579 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €12,825 | -€1,137 | €20,360 | €39,966 | -€2,579 | ▼ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,777 | €55,508 | €85,254 | €116,114 | €88,817 | ▼ 23.5% |
| Fixed assets21/28 | €9,706 | €25,203 | €27,026 | €35,656 | €26,743 | ▼ 25.0% |
| Tangible fixed assets22/27 | €9,671 | €25,168 | €26,991 | €32,121 | €23,208 | ▼ 27.7% |
| Land and buildings22 | - | - | €4,839 | €8,029 | €7,067 | ▼ 12.0% |
| Plant, machinery and equipment23 | - | €760 | - | €1,870 | €1,472 | ▼ 21.3% |
| Furniture and vehicles24 | - | €24,408 | €22,152 | €22,222 | €14,668 | ▼ 34.0% |
| Financial fixed assets28 | €35 | €35 | €35 | €3,535 | €3,535 | = |
| Current assets29/58 | €69,071 | €30,305 | €58,227 | €80,458 | €62,074 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €12,573 | €8,188 | €20,882 | €21,083 | €14,647 | ▼ 30.5% |
| Trade receivables40 | - | €2,313 | €20,882 | €20,661 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €5,875 | - | €422 | €14,647 | ▲ 3,370% |
| Cash at bank and in hand54/58 | €56,308 | €21,927 | €37,156 | €56,194 | €42,977 | ▼ 23.5% |
| Deferred charges and accrued income490/1 | - | €190 | €190 | €3,181 | €4,451 | ▲ 39.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,777 | €55,508 | €85,254 | €116,114 | €88,817 | ▼ 23.5% |
| Equity10/15 | €46,843 | €39,967 | €55,837 | €81,319 | €78,740 | ▼ 3.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €39,615 | €33,875 | €49,746 | €75,227 | €75,227 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €216 | €216 | €216 | €216 | = |
| Distributable reserves133 | - | €31,799 | €49,529 | €75,011 | €75,011 | = |
| Profit (loss) carried forward14 | €1,029 | -€109 | -€109 | -€109 | -€2,687 | ▼ 2,376% |
| Amounts payable17/49 | €31,933 | €15,541 | €29,416 | €34,795 | €10,077 | ▼ 71.0% |
| Amounts payable within one year42/48 | €31,773 | €15,541 | €29,416 | €34,795 | €10,077 | ▼ 71.0% |
| Financial debts43 | - | €433 | €727 | €2,725 | €938 | ▼ 65.6% |
| Credit institutions430/8 | - | €433 | €727 | €2,725 | €938 | ▼ 65.6% |
| Trade debts44 | €2,774 | €76 | €2,539 | €3,432 | €3,257 | ▼ 5.1% |
| Suppliers440/4 | - | €76 | €2,539 | €3,432 | €3,257 | ▼ 5.1% |
| Taxes, remuneration and social security45 | - | - | €10,114 | €9,067 | €448 | ▼ 95.1% |
| Taxes450/3 | - | - | €10,114 | €9,067 | €448 | ▼ 95.1% |
| Other amounts payable47/48 | - | €15,032 | €16,037 | €19,571 | €5,435 | ▼ 72.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,825 | -€1,137 | €20,360 | €39,966 | -€2,579 | ▼ 106% |
| + Depreciation and write-downs630 | €3,324 | €7,100 | €7,747 | €10,184 | €10,081 | ▼ 1.0% |
| Operating cash flow (approximation) | €16,149 | €5,963 | €28,107 | €50,150 | €7,503 | ▼ 85.0% |
| Investment in fixed assets (approximation) | - | -€22,597 | -€9,570 | -€18,814 | -€1,168 | ▲ 93.8% |
| Change in cash | - | -€34,380 | €15,228 | €19,039 | -€13,218 | ▼ 169% |
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet -€2,579
Net result drops to -€2,579, the lowest in the series.
30-09
Financial
Liquidity triplescurrent ratio 6.16
Current ratio from 2.31 to 6.16; short-term debt falls from €34,795 to €10,077.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €39,966 ▲96.3%
Operating result €59,544, net result €39,966, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €20,360
Net result €20,360 after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity doublescurrent ratio 7.35
Current ratio from 3.05 to 7.35; short-term debt falls from €19,091 to €6,961.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 2008
Ground area
763 m²
Building footprint
160 m²
Volume, LiDAR
998 m³
Parcel 44080D0847/00F002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Confide
since 20082.169.237.823
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D0847/00F002 | Flanders | 763 m² | 1 · 160 m² | 8.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 158 EUR awarded · 158 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 68 EUR |
| 2022 | 1 | 158 EUR | 90 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,062 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
Founded10-03-2008
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
74201Photography, excluding press photography
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896322956
Also
9925:BE0896322956
Registered
30-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.