Equity
-€6,124
Debts exceed assets in financial year 2025.
CONNECTION
Lifetime
17 annual accounts with figures on one time axispeak €0 (2015)
-€4,574▼ €3,973
lowest -€5,106 (2022)
-€5,060▼ €4,001
peak €11,782 (2009)
-€6,124▲ €1,140
€12,311▲ 59.3%
Board1 name since 2008
1 director
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Gross margin from -€601 to -€4,574Loss of €5,060Equity from -€7,265 to -€6,124Debts from €7,727 to €12,311Cash from €463 to €6,187
Key points
from the 2025 annual accountsLosses
-€24,724 in 17 years
Every financial year from 2009 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€12,311 199% of the balance sheet
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as CONNECTION has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 6,920 companies, not a prediction for CONNECTION. 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
Recent changes
Incorporation
published on 10-11-2008 · Gazette deed
First establishment
Rue du Grand Champ, ZI, Nov. 9, Fernelmont
Official details
Source: KBO- Status
- Active since 31-10-2008Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.174.414.5545380 Fernelmont, since 31-10-2008
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €6,187▲ 13×
- Filing
- Filed on 25-03-2026, 128 days before the end of the filing period
Insights on CONNECTION
CONNECTION files the micro format. That format states no turnover. The gross margin fell from -€410 in 2010 to -€4,574 in 2025.
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 CONNECTION
- What is the company number of CONNECTION?
- The company number of CONNECTION is 0807.502.234. The VAT number is the same number with BE in front: BE 0807.502.234.
- Where is CONNECTION based?
- The registered office is at Rue du Grand Champ, ZI, Nov. 9, 5380 Fernelmont.Company details
- What is the legal form of CONNECTION?
- CONNECTION is a private limited company (pre-2019) (BVBA).
- When was CONNECTION founded?
- CONNECTION was founded on 31-10-2008.
- Is CONNECTION still active?
- Yes, CONNECTION is an active enterprise in the KBO register.
- What is the turnover of CONNECTION?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is CONNECTION profitable?
- In financial year 2025, CONNECTION made a loss of €5,060.
- Where can I find the annual accounts of CONNECTION?
- CONNECTION filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONNECTION due?
- CONNECTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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