CONNECT & TRANSFORM
ActiveSummary
CONNECT & TRANSFORM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €-91k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 87% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-73
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 8.23 against 36.08 in 2024; short-term debt: 10.6% and cash: 12.9% of total assets), and 10.6% of the assets are financed with debt.
Credit check for your own amount and term
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 04-03-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
58 d early
2023
64 d early
2022
62 d early
2021
59 d early
2020
59 d early
2019
37 d early
← before the deadline
after the deadline →
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€189k▼ 32.4%
2024 · €280k
2018: €284k
2019: €277k▼ -2.5% vs 2018
2020: €287k▲ +3.7% vs 2019
2021: €315k▲ +9.6% vs 2020highest in 8 years
2022: €289k▼ -8.3% vs 2021
2023: €271k▼ -6.0% vs 2022
2024: €280k▲ +3.4% vs 2023
2025: €189k▼ -32.4% vs 2024lowest in 8 years
2018 → 2025
Total assets
€212k▼ 26.3%
2024 · €287k
2018: €307k
2019: €292k▼ -4.9% vs 2018
2020: €307k▲ +5.4% vs 2019
2021: €324k▲ +5.4% vs 2020highest in 8 years
2022: €297k▼ -8.3% vs 2021
2023: €293k▼ -1.3% vs 2022
2024: €287k▼ -1.9% vs 2023
2025: €212k▼ -26.3% vs 2024lowest in 8 years
2018 → 2025
Net result
€-91k
2024 · €9k
2018: €-10k
2019: €-7k▲ +28.4% vs 2018
2020: €10k▲ +245% vs 2019
2021: €28k▲ +168% vs 2020highest in 8 years
2022: €-26k▼ -195% vs 2021
2023: €-17k▲ +33.9% vs 2022
2024: €9k▲ +153% vs 2023
2025: €-91k▼ -1086% vs 2024lowest in 8 years
2018 → 2025
Working capital
€162k▼ 33.1%
2024 · €242k
2018: €247k
2019: €229k▼ -7.2% vs 2018
2020: €227k▼ -0.7% vs 2019
2021: €262k▲ +15.4% vs 2020highest in 8 years
2022: €256k▼ -2.3% vs 2021
2023: €241k▼ -5.9% vs 2022
2024: €242k▲ +0.3% vs 2023
2025: €162k▼ -33.1% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€315k-€289k▼ 8.3%€271k▼ 6.0%€280k▲ 3.4%€189k▼ 32.4%
2021: €315khighest in 5 years
2022: €289k▼ -8.3% vs 2021
2023: €271k▼ -6.0% vs 2022
2024: €280k▲ +3.4% vs 2023
2025: €189k▼ -32.4% vs 2024lowest in 5 years
Operating result€36k-€-26k€-17k▲ 35.9%€10k€-91k
2021: €36khighest in 5 years
2022: €-26k▼ -173% vs 2021
2023: €-17k▲ +35.9% vs 2022
2024: €10k▲ +158% vs 2023
2025: €-91k▼ -1054% vs 2024lowest in 5 years
Net result€28k-€-26k€-17k▲ 33.9%€9k€-91k
2021: €28khighest in 5 years
2022: €-26k▼ -195% vs 2021
2023: €-17k▲ +33.9% vs 2022
2024: €9k▲ +153% vs 2023
2025: €-91k▼ -1086% vs 2024lowest in 5 years
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 turns negative in 2025: a loss of €91k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets
€28k ▼ 28.2%
Current assets
€184k ▼ 26.0%
Equity and liabilities €212k
Equity
€189k ▼ 32.4%
Debt
€22k ▲ 225%
Debt's share of the balance-sheet total rises from 2.4% to 10.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-80k▼
2024 · €22k
Cash flow
€-80k▼
2024 · €22k
Current ratio
8.23▼
2024 · 36.08
Quick ratio
8.04▼
2024 · 35.37
Debt to equity
0.12▲
2024 · 0.02
ROE
-48.0%▼
2024 · 3.3%
ROA
-43.0%▼
2024 · 3.2%
Interest coverage
-643.28▼
2024 · 45.75
Debt ≤ 1 year
€22k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€287k€212k▼
Fixed assets21/28€39k€28k▼
Intangible fixed assets21€24k€15k▼
Tangible fixed assets22/27€15k€12k▼
Plant, machinery and equipment23€8k€8k=
Furniture and vehicles24€7k€4k▼
Current assets29/58€249k€184k▼
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€34k€18k▼
Trade receivables40€22k€11k▼
Other amounts receivable41€12k€6k▼
Current investments50/53€155k€135k▼
Cash at bank and in hand54/58€54k€27k▼
Equity and liabilities
Total equity and liabilities10/49€287k€212k▼
Equity10/15€280k€189k▼
Contributions10/11€19k€19k=
Reserves13€262k€171k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€239k€148k▼
Amounts payable17/49€7k€22k▲
Amounts payable within one year42/48€7k€22k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45-€642
Taxes450/3-€642
Other amounts payable47/48€106€18k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€582-
Gross operating margin9900€25k€-80k▼
Operating profit (loss)9901€10k€-91k▼
Financial income75/76B€149€373▲
Recurring financial income75€149€373▲
Financial charges65/66B€484€125▼
Recurring financial charges65€484€125▼
Profit (loss) for the period before taxes9903€9k€-91k▼
Profit (loss) for the period9904€9k€-91k▼
Profit (loss) for the period to be appropriated9905€9k€-91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-91k▼
Transfer from equity791/2-€91k
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €21k | €20k | €13k | €11k | ▼ 13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | €2k | - | - |
| Other operating charges640/8 | - | €221 | €111 | €582 | - | - |
| Gross operating margin9900 | €64k | €-5k | €8k | €25k | €-80k | ▼ 423% |
| Operating profit (loss)9901 | €36k | €-26k | €-17k | €10k | €-91k | ▼ 1,054% |
| Financial income75/76B | - | €1 | €8 | €149 | €373 | ▲ 150% |
| Recurring financial income75 | - | €1 | €8 | €149 | €373 | ▲ 150% |
| Financial charges65/66B | - | €317 | €713 | €484 | €125 | ▼ 74.2% |
| Recurring financial charges65 | €210 | €317 | €713 | €484 | €125 | ▼ 74.2% |
| Profit (loss) for the period before taxes9903 | €35k | €-26k | €-17k | €9k | €-91k | ▼ 1,086% |
| Income taxes67/77 | €8k | - | - | - | - | - |
| Profit (loss) for the period9904 | €28k | €-26k | €-17k | €9k | €-91k | ▼ 1,086% |
| Profit (loss) for the period to be appropriated9905 | €28k | €-26k | €-17k | €9k | €-91k | ▼ 1,086% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324k | €297k | €293k | €287k | €212k | ▼ 26.3% |
| Fixed assets21/28 | €52k | €32k | €30k | €39k | €28k | ▼ 28.2% |
| Intangible fixed assets21 | €32k | €18k | €22k | €24k | €15k | ▼ 36.0% |
| Tangible fixed assets22/27 | €20k | €14k | €8k | €15k | €12k | ▼ 15.4% |
| Land and buildings22 | - | €893 | €358 | - | - | - |
| Plant, machinery and equipment23 | - | €8k | €8k | €8k | €8k | = |
| Furniture and vehicles24 | - | €5k | - | €7k | €4k | ▼ 33.8% |
| Current assets29/58 | €272k | €265k | €263k | €249k | €184k | ▼ 26.0% |
| Stocks and contracts in progress3 | €10k | €10k | €6k | €5k | €4k | ▼ 14.6% |
| Stocks30/36 | - | €10k | €6k | €5k | €4k | ▼ 14.6% |
| Amounts receivable within one year40/41 | €15k | €37k | €60k | €34k | €18k | ▼ 49.0% |
| Trade receivables40 | - | €27k | €39k | €22k | €11k | ▼ 49.7% |
| Other amounts receivable41 | - | €10k | €20k | €12k | €6k | ▼ 47.8% |
| Current investments50/53 | €60k | €110k | €110k | €155k | €135k | ▼ 12.9% |
| Cash at bank and in hand54/58 | €187k | €108k | €88k | €54k | €27k | ▼ 49.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324k | €297k | €293k | €287k | €212k | ▼ 26.3% |
| Equity10/15 | €315k | €289k | €271k | €280k | €189k | ▼ 32.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €296k | €270k | €253k | €262k | €171k | ▼ 34.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €21k | €21k | €21k | €21k | = |
| Distributable reserves133 | - | €247k | €230k | €239k | €148k | ▼ 38.0% |
| Amounts payable17/49 | €9k | €8k | €22k | €7k | €22k | ▲ 225% |
| Amounts payable within one year42/48 | €9k | €8k | €22k | €7k | €22k | ▲ 225% |
| Financial debts43 | - | €3k | €3k | €3k | - | - |
| Credit institutions430/8 | - | €3k | €3k | €3k | - | - |
| Trade debts44 | €3k | €2k | €12k | €3k | €4k | ▲ 3.2% |
| Suppliers440/4 | - | €2k | €12k | €3k | €4k | ▲ 3.2% |
| Taxes, remuneration and social security45 | - | €2k | €7k | - | €642 | - |
| Taxes450/3 | - | €2k | €7k | - | €642 | - |
| Other amounts payable47/48 | - | €940 | - | €106 | €18k | ▲ 17,042% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €-26k | €-17k | €9k | €-91k | ▼ 1,086% |
| + Depreciation and write-downs630 | €29k | €21k | €20k | €13k | €11k | ▼ 13.3% |
| Operating cash flow (approximation) | €56k | €-5k | €3k | €22k | €-80k | ▼ 468% |
| Investment in fixed assets (approximation) | - | €-1k | €-18k | €-21k | €0 | ▲ 100% |
| Change in cash | - | €-79k | €-20k | €-33k | €-27k | ▲ 18.8% |
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
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series.
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 36.08
Current ratio from 12.11 to 36.08; short-term debt falls from €22k to €7k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €28k ▲168%
Operating result €36k, net result €28k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 29.54
Current ratio from 12.25 to 29.54; short-term debt falls from €20k to €9k.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
Show earlier events
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-01
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, Mechelen · 1 establishment unit since 1998
Ground area
1,373 m²
Building footprint
274 m²
Volume, LiDAR
2,003 m³
2 parcels, Flanders · tallest building 26.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Keizer Karellaan 18, 1982 Zemst
since 19982.088.851.349
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018A0126/00R003 | Flanders | 1,232 m² | 1 · 168 m² | 8.1 m · 2 fl. |
| 12404F0631/00E002 | Flanders | 140 m² | 1 · 105 m² | 26.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 2025 · 3 entries · 578 EUR awarded · 578 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 188 EUR | 188 EUR |
| 2024 | 1 | 225 EUR | 225 EUR |
| 2022 | 1 | 165 EUR | 165 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ConceptICT
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,232 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)
Founded07-08-1998
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.