CONFORGEST
ActiveSummary
CONFORGEST has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,970 and a net result of -€6. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 34% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-1
Solvency61▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.74 in 2024; short-term debt: 63.3% and cash: 48% of total assets), but 64.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 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
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
35.7%
Return on assets
0%
Age of the figures
9 mo
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
29 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
101 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 40 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€13,970=
2024 · €13,976
Total assets
€39,141▲ 19.3%
2024 · €32,821
Net result
-€6
2024 · €11
Working capital
€14,374▲ 2.8%
2024 · €13,976
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€11▲ 193%€3▼ 68.3%€5▲ 34.6%€11▲ 151%-€6
Net result€9below the sector's middle half▲ 115%€6below the sector's middle half▼ 36.4%€5below the sector's middle half▼ 22.6%€11below the sector's middle half▲ 151%-€6below the sector's middle half
Equity€13,954below the sector's middle half▲ 0.1%€13,960below the sector's middle half=€13,965below the sector's middle half=€13,976below the sector's middle half▲ 0.1%€13,970below the sector's middle half=
Total assets€64,345below the sector's middle half▲ 34.7%€60,067below the sector's middle half▼ 6.6%€71,377below the sector's middle half▲ 18.8%€32,821below the sector's middle half▼ 54.0%€39,141below the sector's middle half▲ 19.3%
Debt€50,391▲ 49.0%€46,107▼ 8.5%€57,413▲ 24.5%€18,845▼ 67.2%€25,171▲ 33.6%
Working capital€13,954within the sector's middle half▲ 0.1%€13,960within the sector's middle half=€13,965within the sector's middle half=€13,976within the sector's middle half▲ 0.1%€14,374within the sector's middle half▲ 2.8%
Solvency21.7%below the sector's middle half▼ 7.5pp23.2%below the sector's middle half▲ 1.6pp19.6%below the sector's middle half▼ 3.7pp42.6%within the sector's middle half▲ 23.0pp35.7%within the sector's middle half▼ 6.9pp
Current ratio1.28within the sector's middle half▼ 0.141.30within the sector's middle half▲ 0.031.24within the sector's middle half▼ 0.061.74within the sector's middle half▲ 0.501.58within the sector's middle half▼ 0.16
Return on assets (ROA)0.0%below the sector's middle half=0.0%below the sector's middle half=0.0%below the sector's middle half=0.0%below the sector's middle half=0.0%below 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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6 after €11 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €39,141
Equity
€13,970 =
Debt
€25,171 ▲ 33.6%
Debt's share of the balance-sheet total rises from 57.4% to 64.3%. Debt is higher.
Key figures and ratios
Debt to equity
1.80▲
2024 · 1.35
ROE
0.0%▼
2024 · 0.1%
Debt ≤ 1 year
€24,767▲
2024 · €18,845
Staff costs
€404▲
2024 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% 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 12,321 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €348 | €348 | €384 | €387 | €404 | ▲ 4.2% |
| Gross operating margin9900 | €358 | €351 | €389 | €399 | €398 | ▼ 0.2% |
| Operating profit (loss)9901 | €11 | €3 | €5 | €11 | -€6 | ▼ 150% |
| Profit (loss) for the period before taxes9903 | €11 | €3 | €5 | €11 | -€6 | ▼ 150% |
| Income taxes67/77 | €1 | -€2 | - | - | - | - |
| Profit (loss) for the period9904 | €9 | €6 | €5 | €11 | -€6 | ▼ 150% |
| Profit (loss) for the period to be appropriated9905 | €9 | €6 | €5 | €11 | -€6 | ▼ 150% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,345 | €60,067 | €71,377 | €32,821 | €39,141 | ▲ 19.3% |
| Current assets29/58 | €64,345 | €60,067 | €71,377 | €32,821 | €39,141 | ▲ 19.3% |
| Amounts receivable within one year40/41 | €58,007 | €48,445 | €60,817 | €25,501 | €20,353 | ▼ 20.2% |
| Trade receivables40 | €58,007 | €48,445 | €60,817 | €25,366 | €20,353 | ▼ 19.8% |
| Other amounts receivable41 | - | - | - | €136 | - | - |
| Cash at bank and in hand54/58 | €6,338 | €11,622 | €10,560 | €7,320 | €18,788 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,345 | €60,067 | €71,377 | €32,821 | €39,141 | ▲ 19.3% |
| Equity10/15 | €13,954 | €13,960 | €13,965 | €13,976 | €13,970 | = |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Uncalled capital101 | €12,400 | - | - | - | - | - |
| Reserves13 | €474 | €474 | €474 | €474 | €474 | = |
| Distributable reserves133 | €474 | €474 | €474 | €474 | €474 | = |
| Profit (loss) carried forward14 | €7,280 | €7,286 | €7,290 | €7,302 | €7,296 | ▼ 0.1% |
| Amounts payable17/49 | €50,391 | €46,107 | €57,413 | €18,845 | €25,171 | ▲ 33.6% |
| Amounts payable within one year42/48 | €50,391 | €46,107 | €57,413 | €18,845 | €24,767 | ▲ 31.4% |
| Trade debts44 | €108 | €64 | €64 | €126 | €67 | ▼ 46.9% |
| Suppliers440/4 | €108 | €64 | €64 | €126 | €67 | ▼ 46.9% |
| Taxes, remuneration and social security45 | €4,344 | €3,544 | €3,090 | - | €1,161 | - |
| Taxes450/3 | €4,344 | €3,544 | €3,090 | - | €1,161 | - |
| Other amounts payable47/48 | €45,939 | €42,499 | €54,259 | €18,719 | €23,539 | ▲ 25.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €404 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9 | €6 | €5 | €11 | -€6 | ▼ 150% |
| Operating cash flow (approximation) | €9 | €6 | €5 | €11 | -€6 | ▼ 150% |
| Change in cash | - | €5,284 | -€1,062 | -€3,240 | €11,468 | ▲ 454% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€6
Net result drops to -€6, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2003
Ground area
106 m²
Building footprint
66 m²
Volume, LiDAR
852 m³
Parcel 82302C0689/00Z002, Wallonia · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée d'Arlon 14, 6600 Bastogne
since 20032.127.022.532
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82302C0689/00Z002 | Wallonia | 106 m² | 1 · 66 m² | 14.8 m · 4 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 26,710 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 (pre-2019)
Founded18-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47400Retail sale of information and communication equipment
47621Retail sale of newspapers and periodicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479581658
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.