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Connec

Active Private limited companyfounded 2023active for 2 yearsSepulkrijnenlaan 9, 3500 HasseltKBO/BCE: BE 1003.700.471

Lifetime

2 annual accounts with figures on one time axis
peak €42,643 (2025)
€42,643▲ €63,359
lowest -€162,437 (2024)
-€77,427▲ €85,010
peak -€156,437 (2024)
-€233,865▼ €77,427
€522,445▼ 11.2%
Board1 name since 2023
1 director
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Gross margin from -€20,715 to €42,643Loss of €77,427Equity from -€156,437 to -€233,865Cash from €83,533 to €2,159

Key points

from the 2025 annual accounts

Equity

-€233,865
20242025

Debts exceed assets in financial year 2025.

Losses

-€239,865 in two years
-162,4372024-77,4272025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Debts

€522,445 181% of the balance sheet
Financial debts 38%Suppliers 16%Taxes and wages 3%Other 43%

Of this, €142,893 falls due within a year.

Staff

1 employees on 31-12-2025
302024022025

In 2025, nobody joined and 2 people left.

Position in the sector

-81.0%

Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.

2025 accounts filed 13 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,637 companies had the same profile as Connec has now. Each dot stands for 20 companies, two years later.

84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,637 companies, not a prediction for Connec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 20-12-2023
  • founderdeed of 22-12-2023
  • founderdeed of 22-12-2023
  • founderdeed of 22-12-2023
and 1 other shareholderBoard & ownership

Recent changes

Registered office moved to Hasselt New registered office: Sepulkrijnenlaan 9 3500 Hasselt · Previous registered office: Kempische Steenweg 303/200 · Board meeting of 25-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003700471
Incorporation Founding capital of €6,000, 3,600 shares · Founders: , , and 1 other · Appointment: (director) · published on 22-12-2023 · Gazette deed
First establishment Kempische steenweg 303, Hasselt
All 6 events

Comparable companies

same main activity, similar in size and age
Company
Connec Hasselt €288,581 €42,643 -81.0% -
TRIDENT DATA SOLUTIONS Evere €308,342 €49,759 88.8% -
Zabit Hasselt €403,562 €35,610 1.1% -
CORNSEED Brussels €257,056 €43,169 86.5% -
CD Insights Woluwe-Saint-Pierre €281,984 €46,164 36.2% -
Lem Lab Woluwe-Saint-Pierre €277,960 €65,574 60.3% -
Temajo Leuven €218,694 €56,238 60.4% -

These companies have the same main activity as Connec: computer programming (NACE 62100). They are comparable in size and age: total assets between €219,000 and €404,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 20-12-2023Normal situation
Activity
Computer programmingNACE 62100and 5 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.358.470.5693500 Hasselt, since 20-12-2023
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2025

€288,581▼ 33.2%
Employeeson 31-12-2025
1▼ 66.7%
Filing
Filed on 13-08-2026
Financials

Insights on Connec

The 2025 annual accounts show negative equity (-€233,865) and a net result of -€77,427. Its solvency ranks better than 5% of 22,039 sector peers (NACE 62, financial year 2025).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Connec

What is the company number of Connec?
The company number of Connec is 1003.700.471. The VAT number is the same number with BE in front: BE 1003.700.471.
Where is Connec based?
The registered office is at Sepulkrijnenlaan 9, 3500 Hasselt.Company details
What does Connec do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Connec?
Connec is a private limited company (BV).
When was Connec founded?
Connec was founded on 20-12-2023.
Is Connec still active?
Yes, Connec is an active enterprise in the KBO register.
How many employees does Connec have?
Connec had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Connec fall under?
In its 2025 annual accounts, Connec states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Connec?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €42,643 and 84 comparable companies (NACE 62). It probably lies between €110,000 and €190,000.
Is Connec profitable?
In financial year 2025, Connec made a loss of €77,427.
Where can I find the annual accounts of Connec?
Connec filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Connec due?
Connec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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