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Connect & Consult

Special situation
Private limited companyfounded 20223 yrs activeBrugstraat 24, 9880 Aalter, BelgiumKBO/BCE: BE 0793.483.655
Summary

The file of Connect & Consult contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. The KBO register records for Connect & Consult the legal situation: special situation; this is today's state according to the register itself, which carries no start date. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €49,987 and a net result of €10,499. Its solvency ranks better than 38% of 20783 sector peers (fiscal year 2024).

Checked score

Score 2024
Axes · tick = 2023
Profitability61▼-39
Solvency75▲+2
Growth52
Track record24
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.93 against 1.83 in 2023; short-term debt: 49.9% and cash: 1.1% of total assets), and 49.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Judicial reorganisation on record
A judicial reorganisation is on record, and one often precedes a bankruptcy.
Belgian State Gazette
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
50.1%
Return on assets
10.5%
Age of the figures
24 mo
raises risk · Register: special situation
The KBO register records the legal situation: special situation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 150 days later.
NBB · 2 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 15-07-2025, 76 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
76 d late
2023
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 November 2022, Connect & Consult was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€49,987▲ 26.6%
2023 · €39,489
Total assets
€99,847▲ 22.6%
2023 · €81,474
Net result
€10,499▼ 73.3%
2023 · €39,389
Working capital
€46,120▲ 32.3%
2023 · €34,868
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
Line20232024
Operating result€53,154-€19,146▼ 64.0%
Net result€39,389-€10,499▼ 73.3%
Equity€39,489-€49,987▲ 26.6%
Total assets€81,474-€99,847▲ 22.6%
Debt€41,985-€49,859▲ 18.8%
Working capital€34,868-€46,120▲ 32.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2023: €53,154€53,154Net result 2023: €39,389€39,389Operating result 2024: €19,146€19,146Net result 2024: €10,499€10,49920232024€0€20,000€40,000€60,000Operating result 2023: €53,154€53,200Net result 2023: €39,389€39,400Operating result 2024: €19,146€19,100Net result 2024: €10,499€10,50020232024
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99,847
Fixed assets €3,867 ▼ 16.3%
Current assets €95,980 ▲ 24.9%
Equity and liabilities €99,847
Equity €49,987 ▲ 26.6%
Debt €49,859 ▲ 18.8%
Debt's share of the balance-sheet total falls from 51.5% to 49.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€20,494▼
2023 · €53,936
Cash flow
€11,847▼
2023 · €40,171
Current ratio
1.93▲
2023 · 1.83
Debt to equity
1.00▼
2023 · 1.06
ROE
21.0%▼
2023 · 99.7%
ROA
10.5%▼
2023 · 48.3%
Interest coverage
3.52▼
2023 · 16.15
Debt ≤ 1 year
€49,859▲
2023 · €41,985
Income taxes
€5,318▼
2023 · €11,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,275 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€81,474€99,847▲
Fixed assets21/28€4,621€3,867▼
Tangible fixed assets22/27€4,621€3,867▼
Plant, machinery and equipment23€570€751▲
Furniture and vehicles24€4,051€3,117▼
Current assets29/58€76,853€95,980▲
Amounts receivable within one year40/41€66,307€94,713▲
Trade receivables40€22,285€24,428▲
Other amounts receivable41€44,022€70,285▲
Cash at bank and in hand54/58€546€1,143▲
Deferred charges and accrued income490/1€10,000€123▼
Equity and liabilities
Total equity and liabilities10/49€81,474€99,847▲
Equity10/15€39,489€49,987▲
Contributions10/11€100€100=
Reserves13€39,389€49,887▲
Distributable reserves133€39,389€49,887▲
Amounts payable17/49€41,985€49,859▲
Amounts payable within one year42/48€41,985€49,859▲
Trade debts44€14,969€16,660▲
Suppliers440/4€14,969€16,660▲
Taxes, remuneration and social security45€27,016€33,200▲
Taxes450/3€26,856€33,200▲
Remuneration and social security454/9€160€0▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€782€1,348▲
Other operating charges640/8€348€417▲
Gross operating margin9900€54,284€20,911▼
Operating profit (loss)9901€53,154€19,146▼
Financial income75/76B€696€2,493▲
Recurring financial income75€696€2,493▲
Financial charges65/66B€3,339€5,823▲
Recurring financial charges65€3,339€5,823▲
Profit (loss) for the period before taxes9903€50,510€15,816▼
Income taxes67/77€11,122€5,318▼
Profit (loss) for the period9904€39,389€10,499▼
Profit (loss) for the period to be appropriated9905€39,389€10,499▼
Appropriation of the result
Profit (loss) to be appropriated9906€39,389€10,499▼
Transfer to equity691/2€39,389€10,499▼
To other reserves6921€39,389€10,499▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€782€1,348▲ 72.3%
Other operating charges640/8€348€417▲ 19.9%
Gross operating margin9900€54,284€20,911▼ 61.5%
Operating profit (loss)9901€53,154€19,146▼ 64.0%
Financial income75/76B€696€2,493▲ 258%
Recurring financial income75€696€2,493▲ 258%
Financial charges65/66B€3,339€5,823▲ 74.4%
Recurring financial charges65€3,339€5,823▲ 74.4%
Profit (loss) for the period before taxes9903€50,510€15,816▼ 68.7%
Income taxes67/77€11,122€5,318▼ 52.2%
Profit (loss) for the period9904€39,389€10,499▼ 73.3%
Profit (loss) for the period to be appropriated9905€39,389€10,499▼ 73.3%
Line20232024Change
Assets
Total assets20/58€81,474€99,847▲ 22.6%
Fixed assets21/28€4,621€3,867▼ 16.3%
Tangible fixed assets22/27€4,621€3,867▼ 16.3%
Plant, machinery and equipment23€570€751▲ 31.7%
Furniture and vehicles24€4,051€3,117▼ 23.1%
Current assets29/58€76,853€95,980▲ 24.9%
Amounts receivable within one year40/41€66,307€94,713▲ 42.8%
Trade receivables40€22,285€24,428▲ 9.6%
Other amounts receivable41€44,022€70,285▲ 59.7%
Cash at bank and in hand54/58€546€1,143▲ 109%
Deferred charges and accrued income490/1€10,000€123▼ 98.8%
Equity and liabilities
Total equity and liabilities10/49€81,474€99,847▲ 22.6%
Equity10/15€39,489€49,987▲ 26.6%
Contributions10/11€100€100=
Reserves13€39,389€49,887▲ 26.7%
Distributable reserves133€39,389€49,887▲ 26.7%
Amounts payable17/49€41,985€49,859▲ 18.8%
Amounts payable within one year42/48€41,985€49,859▲ 18.8%
Trade debts44€14,969€16,660▲ 11.3%
Suppliers440/4€14,969€16,660▲ 11.3%
Taxes, remuneration and social security45€27,016€33,200▲ 22.9%
Taxes450/3€26,856€33,200▲ 23.6%
Remuneration and social security454/9€160€0▼ 100%
Line20232024Change
Profit (loss) for the period9904€39,389€10,499▼ 73.3%
+ Depreciation and write-downs630€782€1,348▲ 72.3%
Operating cash flow (approximation)€40,171€11,847▼ 70.5%
Investment in fixed assets (approximation)--€594-
Change in cash-€597-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-06
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Gent · event 02-06-2026
09-04
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · collective agreement (SME) · event 03-04-2026
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
23-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Aalter · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
464 m²
Building footprint
59 m²
Volume, LiDAR
3 m³
Parcel 44001B0671/00T000, Flanders · tallest building 1.1 m. Linked by address, not a title deed.
1 establishment unit
Connect & Consult
Brugstraat 24, 9880 AalterPrinting and reproduction of recorded media
since 20222.339.186.672
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44001B0671/00T000 Flanders 464 m² 1 · 59 m² 1.1 m
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

2023 to 2024 · 2 entries · 4,854 EUR awarded · 4,854 EUR paid
Year Entries awardedpaid
2024 1 1,104 EUR1,104 EUR
2023 1 3,750 EUR3,750 EUR
Schemes
2 entries · 4,854 EUR · 4,854 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,824 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
Founded10-11-2022
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
18130Pre-press and pre-media services
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
73110Advertising agencies
Contact
E-mail daniel@connect-consult.be
Phone +32 472 78 33 62
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793483655
Also 9925:BE0793483655
Registered 02-01-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.