Congodorpen
ActiveSummary
Congodorpen has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €162,585 and a net result of €13,389. Equity is growing by ~50% per year across the filed fiscal years. Its solvency ranks better than 7% of 470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-22
Solvency32▲+3
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Open the credit simulator : 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 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 470 sector peers (2024).
NBB · sector comparisonPosition among 470 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
16 d early
2022
33 d early
2021
26 d early
2020
24 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Turnover
€317▲ 88.7%
2023 · €168
EBIT margin
6646.2%▼ 29921.1pp
2023 · 36567.3%
Net result
€13,389▼ 74.4%
2023 · €52,279
Working capital
€2.3m▼ 25.0%
2023 · €3.1m
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
Line20202021202220232024
Turnover€4,781▲ 2,945%€168€317▲ 88.7%
Operating result€77,784▲ 35.5%€100,307▲ 29.0%€44,053▼ 56.1%€61,433▲ 39.5%€21,074▼ 65.7%
Net result€65,414▲ 35.1%€57,602▼ 11.9%€32,840▼ 43.0%€52,279▲ 59.2%€13,389▼ 74.4%
EBIT margin1626.9%▼ 34934.8pp36567.3%6646.2%▼ 29921.1pp
Equity€6,475€64,077▲ 890%€96,917▲ 51.3%€149,196▲ 53.9%€162,585▲ 9.0%
Total assets€1.2m▲ 64.2%€486,380▼ 60.1%€4.1m▲ 742%€3.4m▼ 16.0%€2.4m▼ 29.3%
Debt€1.2m▲ 51.3%€372,303▼ 69.3%€4.0m▲ 961%€3.2m▼ 17.9%€2.2m▼ 31.5%
Working capital€1.1m▲ 143%€113,820▼ 89.2%€3.7m▲ 3,164%€3.1m▼ 17.1%€2.3m▼ 25.0%
Staff (FTE)2.4▲ 20.0%3▲ 25.0%3.5▲ 16.7%3.4▼ 2.9%3.6▲ 5.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2022 Total assets +742% on 2021. Cause not known from the registers.
- 2021 Total assets -60% on 2020. Cause not known from the registers.
- 2020 Total assets +64% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 66% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets
€7,811 ▼ 7.2%
Current assets
€2.4m ▼ 29.4%
Equity and liabilities €2.4m
Equity
€162,585 ▲ 9.0%
Provisions
€50,000 =
Debt
€2.2m ▼ 31.5%
Debt's share of the balance-sheet total falls from 94.2% to 91.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,679▼
2023 · €62,038
Cash flow
€13,994▼
2023 · €52,884
Current ratio
21.41▲
2023 · 9.73
Debt to equity
13.65▼
2023 · 21.73
ROE
8.2%▼
2023 · 35.0%
ROA
0.6%▼
2023 · 1.5%
Interest coverage
2.08▼
2023 · 6.77
Debt ≤ 1 year
€113,247▼
2023 · €352,960
Staff costs
€362,662▲
2023 · €359,197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,081 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,058 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 1,081 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,781 | - | - | €168 | €317 | ▲ 88.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €207,182 | €304,867 | €298,817 | €253,309 | ▼ 15.2% |
| Remuneration, social security and pensions62 | - | €286,170 | €359,627 | €359,197 | €362,662 | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,157 | €1,157 | €973 | €605 | €605 | = |
| Other operating charges640/8 | - | €437,278 | €307,601 | €533,235 | €515,270 | ▼ 3.4% |
| Gross operating margin9900 | €972,040 | €874,912 | €712,254 | €954,470 | €899,611 | ▼ 5.7% |
| Operating profit (loss)9901 | €77,784 | €100,307 | €44,053 | €61,433 | €21,074 | ▼ 65.7% |
| Financial income75/76B | - | €1,033 | €135 | €5 | €2,746 | ▲ 54,812% |
| Recurring financial income75 | €273 | €1,033 | €135 | €5 | €2,746 | ▲ 54,812% |
| Financial charges65/66B | - | €43,738 | €11,348 | €9,159 | €10,430 | ▲ 13.9% |
| Recurring financial charges65 | €12,643 | €43,738 | €11,348 | €9,159 | €10,430 | ▲ 13.9% |
| Profit (loss) for the period before taxes9903 | €65,414 | €57,602 | €32,840 | €52,279 | €13,389 | ▼ 74.4% |
| Profit (loss) for the period9904 | €65,414 | €57,602 | €32,840 | €52,279 | €13,389 | ▼ 74.4% |
| Profit (loss) for the period to be appropriated9905 | €65,414 | €57,602 | €32,840 | €52,279 | €13,389 | ▼ 74.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €486,380 | €4.1m | €3.4m | €2.4m | ▼ 29.3% |
| Fixed assets21/28 | €10,046 | €11,584 | €9,021 | €8,416 | €7,811 | ▼ 7.2% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €5,407 | €4,250 | €3,277 | €2,672 | €2,067 | ▼ 22.6% |
| Land and buildings22 | - | €3,882 | €3,277 | €2,672 | €2,067 | ▼ 22.6% |
| Furniture and vehicles24 | - | €368 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €4,639 | €7,334 | €5,744 | €5,744 | €5,744 | = |
| Current assets29/58 | €1.2m | €474,796 | €4.1m | €3.4m | €2.4m | ▼ 29.4% |
| Amounts receivable after more than one year29 | - | - | €2.5m | €1.7m | €865,291 | ▼ 49.5% |
| Other amounts receivable291 | - | - | €2.5m | €1.7m | €865,291 | ▼ 49.5% |
| Amounts receivable within one year40/41 | €1.0m | €24,633 | €854,471 | €916,911 | €924,567 | ▲ 0.8% |
| Trade receivables40 | - | - | €1,402 | €4,639 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €24,633 | €853,069 | €912,272 | €924,567 | ▲ 1.3% |
| Current investments50/53 | €10,022 | €9,998 | €9,964 | €9,965 | €907 | ▼ 90.9% |
| Cash at bank and in hand54/58 | €82,357 | €438,936 | €592,588 | €733,894 | €600,464 | ▼ 18.2% |
| Deferred charges and accrued income490/1 | - | €1,229 | €82,403 | €57,188 | €33,120 | ▼ 42.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €486,380 | €4.1m | €3.4m | €2.4m | ▼ 29.3% |
| Equity10/15 | €6,475 | €64,077 | €96,917 | €149,196 | €162,585 | ▲ 9.0% |
| Contributions10/11 | - | - | - | - | €187,180 | - |
| Capital10 | - | - | - | - | €187,180 | - |
| Reserves13 | - | €130,300 | €130,300 | €130,300 | €130,300 | = |
| Profit (loss) carried forward14 | -€311,005 | -€253,403 | -€220,563 | -€168,284 | -€154,895 | ▲ 8.0% |
| Provisions and deferred taxes16 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Provisions for liabilities and charges160/5 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Other liabilities and charges164/5 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts payable17/49 | €1.2m | €372,303 | €4.0m | €3.2m | €2.2m | ▼ 31.5% |
| Amounts payable within one year42/48 | €152,481 | €360,976 | €372,773 | €352,960 | €113,247 | ▼ 67.9% |
| Trade debts44 | €7,946 | €23,043 | €20,264 | €6,993 | €3,063 | ▼ 56.2% |
| Suppliers440/4 | - | €23,043 | €20,264 | €6,993 | €3,063 | ▼ 56.2% |
| Taxes, remuneration and social security45 | - | €37,423 | €41,181 | €28,732 | €33,723 | ▲ 17.4% |
| Taxes450/3 | - | €2,384 | €3,308 | €3,485 | €2,503 | ▼ 28.2% |
| Remuneration and social security454/9 | - | €35,039 | €37,873 | €25,247 | €31,220 | ▲ 23.7% |
| Accrued charges and deferred income492/3 | - | €11,327 | €3.6m | €2.9m | €2.1m | ▼ 27.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,414 | €57,602 | €32,840 | €52,279 | €13,389 | ▼ 74.4% |
| + Depreciation and write-downs630 | €1,157 | €1,157 | €973 | €605 | €605 | = |
| Operating cash flow (approximation) | €66,571 | €58,759 | €33,813 | €52,884 | €13,994 | ▼ 73.5% |
| Investment in fixed assets (approximation) | - | -€2,695 | €1,590 | €0 | €0 | - |
| Change in cash | - | €356,579 | €153,652 | €141,306 | -€133,430 | ▼ 194% |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €13,389 ▼74.4%
Net result drops to €13,389, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 21.41
Current ratio from 9.73 to 21.41; short-term debt falls from €352,960 to €113,247.
31-12
Financial
Equity above €150,000Eq €162,585 ▲9%
7 profitable years in a row build equity to €162,585.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100,000Eq €149,196 ▲53.9%
6 profitable years in a row build equity to €149,196.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 8current ratio 10.97
Current ratio from 1.32 to 10.97.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €65,414 ▲35.1%
Net result €65,414, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 7.92
Current ratio from 2.47 to 7.92; short-term debt falls from €295,368 to €152,481.
Show earlier events
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 38 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
06-08
State Gazette act
General meeting · Approval
Director discharge · Member admission
2013
03-09
State Gazette act
General meeting · Approval
Director discharge · Director reappointment
2011
04-07
State Gazette act
General meeting · Approval
Director discharge · Director resignation
2010
11-06
State Gazette act
General meeting · Approval
Director discharge · Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
19 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, Leuven · 1 establishment unit since 2007
Ground area
535 m²
Building footprint
165 m²
Parcel 24502B0510/00P003, Flanders. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Centre de Développement intégral de Bwamanda-België vzw
since 20072.158.910.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0510/00P003 | Flanders | 535 m² | 1 · 165 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.
Public money · subsidies and aid
Federal government
2023 to 2025 · 6 entries · 2,608,417 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Buitenlandse Zaken | 2 | 849,559 EUR |
| 2024 | FOD Buitenlandse Zaken | 2 | 887,295 EUR |
| 2023 | FOD Buitenlandse Zaken | 2 | 871,563 EUR |
Similar companies · same sector, comparable size
Réseau de Praticiens pour la Coopération Européenne au Développement
BE 1018.619.863
Brussel · Eq €168,918
Polyolefin Circular Economy Platform
BE 0737.397.463
Brussel · Eq €174,738
Coopération Éducation Culture
BE 0417.549.465
Brussel · Eq €148,885
Ondernemers voor Ondernemers-Entrepreneurs pour Entrepreneurs-Entrepreneurs for Entrepreneurs
BE 0473.432.848
Leuven · Eq €183,661
AUTRE TERRE
BE 0423.588.904
Herstal · Eq €141,695
Of 287 companies in sector 94995 we hold annual accounts for 102. 65 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded31-03-1971
Fiscal year end31-12
Activities, NACEBEL 2025
94995Activities of membership organisations
Contact
Website
www.congodorpen.org
E-mail
congodorpen@congodorpen.org
E-invoicing
Reachable via Peppol
Peppol ID
0208:0408256667
Registered
07-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.