CONNECTION

Active Private limited company (pre-2019)founded 2008active for 18 yearsRue du Grand Champ, ZI, Nov. 9, 5380 FernelmontKBO/BCE: BE 0807.502.234

CONNECTION

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Overview

Lifetime

17 annual accounts with figures on one time axis

peak €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 accounts

Equity

-€6,124

Debts exceed assets in financial year 2025.

Losses

-€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

Micro
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more

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.

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 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 28-10-2008

Shares in 1 company,

Board & ownership

Recent changes

31-10-2008

Incorporation published on 10-11-2008 · Gazette deed

31-10-2008

First establishment Rue du Grand Champ, ZI, Nov. 9, Fernelmont

All 20 events

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

Company details

Annual accounts 2025

: -€4,574▼ 661%
: €5,060▲ 378%
: -€6,124▲ 15.7%
: €6,187▲ 13×
Filing: Filed on 25-03-2026, 128 days before the end of the filing period

Financials

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.

Financials

Annual accounts 2025

micro format, filed on 25-03-2026, 128 days before the deadline

-€4,574

▼ €3,973

-€4,985

▼ €3,996

-99.0%

0.50

Turnover and EBIT margin are not published. The micro format does not require them.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €6,187 on 31-12-2025

What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	6,187	463	599	161	4,552	4,813	4,263	4,724	4,465	3,916	4,896	6,334	6,947	8,761	9,632	11,032	12,130
`20`	-	-	-	-	-	0	0	0	0	0	0	0	0	342	683	1,025	1,366
`21/28`	-	-	-	-	235	235	235	235	235	235	235	235	235	577	918	1,260	1,601
`21`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`22/27`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`22`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`23`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`24`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`26`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`27`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`28`	-	-	-	-	235	235	235	235	235	235	235	235	235	235	235	235	235
`29/58`	6,187	463	599	161	4,317	4,578	4,028	4,488	4,229	3,680	4,661	6,099	6,712	8,184	8,714	9,772	10,528
`29`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`290`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`291`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`3`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`30/36`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`37`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`40/41`	-	-	-	-	3,549	3,549	3,549	3,549	3,549	3,549	4,271	4,966	4,966	8,166	8,314	8,325	8,325
`40`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`41`	-	-	-	-	3,549	3,549	3,549	3,549	3,549	3,549	4,271	4,966	4,966	8,166	8,314	8,325	8,325
`50/53`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`54/58`	6,187	463	599	161	768	1,029	479	939	680	131	391	1,133	1,746	19	400	1,447	2,203
`490/1`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	6,187	463	599	161	4,552	4,813	4,263	4,724	4,465	3,916	4,896	6,334	6,947	8,761	9,632	11,032	12,130
`10/15`	-6,124	-7,265	-6,206	-5,180	-74	1,187	1,637	2,239	2,899	3,637	4,896	5,626	6,176	7,482	9,285	10,685	11,782
`10/11`	18,600	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`11`	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-
`1100/10`	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-
`12`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`13`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`130/1`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`130`	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-
`1311`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
`1312`	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-
`1313`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`132`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`133`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`14`	-24,724	-19,665	-18,606	-17,580	-12,474	-11,213	-10,763	-10,162	-9,501	-8,763	-7,504	-6,774	-6,224	-4,918	-3,115	-1,715	-618
`15`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`19`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`16`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`160/5`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`160`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`161`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`162`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`163`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`164/5`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`168`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`17/49`	12,311	7,727	6,805	5,342	4,626	3,626	2,626	2,485	1,566	279	-	707	771	1,279	348	348	348
`17`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`175`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`176`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`178/9`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`42/48`	12,311	7,727	6,805	5,342	4,626	3,626	2,626	2,485	1,566	279	-	707	771	1,279	348	348	348
`42`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`43`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`430/8`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`439`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`44`	4,768	601	179	715	-	-	-	206	287	-	-	360	424	931	-	-	-
`440/4`	4,768	601	179	715	-	0	0	206	287	0	0	360	424	931	-	-	-
`441`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`46`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`45`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`450/3`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`454/9`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`47/48`	7,543	7,126	6,626	4,626	4,626	3,626	2,626	2,279	1,279	279	0	348	348	348	348	348	348
`492/3`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
Income statement
`70`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-
`76A`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`9900`	-4,574	-601	-579	-917	-860	-55	-209	-277	-355	-877	0	-514	-576	-1,080	-699	-410	-
`60/61`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-
`62`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`630`	-	-	-	-	-	0	0	0	0	0	0	0	342	342	342	342	342
`631/4`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`635/8`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`640/8`	411	387	384	348	348	348	348	348	348	348	695	0	354	348	348	348	348
`649`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`66A`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`9901`	-4,985	-989	-963	-1,264	-1,208	-402	-556	-624	-703	-1,225	-695	-514	-1,271	-1,769	-1,388	-1,099	-689
`75/76B`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	10	74
`75`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	10	74
`76B`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`65/66B`	75	70	63	3,842	53	48	45	36	35	35	35	36	34	34	12	8	3
`65`	75	70	63	3,607	53	48	45	36	35	35	35	36	34	34	12	8	3
`66B`	-	-	-	235	-	0	0	0	0	0	-	-	-	-	-	-	-
`9903`	-5,060	-1,059	-1,026	-5,106	-1,261	-450	-601	-661	-738	-1,260	-730	-550	-1,306	-1,803	-1,400	-1,097	-618
`67/77`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`9904`	-5,060	-1,059	-1,026	-5,106	-1,261	-450	-601	-661	-738	-1,260	-730	-550	-1,306	-1,803	-1,400	-1,097	-618
`789`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`689`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`9905`	-5,060	-1,059	-1,026	-5,106	-1,261	-450	-601	-661	-738	-1,260	-730	-550	-1,306	-1,803	-1,400	-1,097	-618
Appropriation of the result
`9906`	-24,724	-19,665	-18,606	-17,580	-12,474	-11,213	-10,763	-10,162	-9,501	-8,763	-7,504	-6,774	-6,224	-4,918	-3,115	-1,715	-618
`14P`	-19,665	-18,606	-17,580	-12,474	-11,213	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`691`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`6920`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`6921`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
`694`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`695`	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-
`696`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 25-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	25-03-2026	2026-00061952	PDF
31-12-2024	micro format	18-08-2025	2025-00380540	PDF
31-12-2023	micro format	30-08-2024	2024-00421045	PDF
31-12-2022	micro format	30-08-2023	2023-00391207	PDF
31-12-2021	micro format	30-08-2022	2022-20350192	PDF
31-12-2020	micro format	25-08-2021	2021-53200022	PDF
31-12-2019	micro format	07-07-2020	2020-27100120	PDF
31-12-2018	micro format	12-08-2019	2019-45200188	PDF
31-12-2017	abbreviated format	29-08-2018	2018-51700392	PDF
31-12-2016	full format	31-07-2017	2017-37700297	PDF
31-12-2015	full format	27-06-2016	2016-21800342	PDF
31-12-2014	full format	31-08-2015	2015-52800301	PDF
31-12-2013	full format	18-08-2014	2014-42300335	PDF
31-12-2012	full format	29-08-2013	2013-50500132	PDF
31-12-2011	full format	29-08-2012	2012-46700093	PDF
31-12-2010	full format	31-08-2011	2011-47400330	PDF
31-12-2009	full format	25-08-2010	2010-43800346	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
-	-	-	-	-	-402	-556	-624	-703	-1,225	-695	-514	-930	-1,428	-1,046	-757	-348
-	-	-	-	-	-450	-601	-661	-738	-1,260	-730	-550	-964	-1,461	-1,058	-756	-276
-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	235
5,724	-136	438	-606	-261	550	-460	259	549	-260	-743	-613	1,728	-381	-1,047	-756	-
-6,124	-7,265	-6,206	-5,180	-309	952	1,402	2,003	2,664	3,402	-	5,391	5,941	6,905	8,367	9,425	10,181
-99.0%	-	-	-	-	-	-	-	-	-	-	88.8%	88.9%	85.4%	96.4%	96.9%	97.1%
0.50	-	-	-	-	-	-	-	-	-	-	8.62	8.71	6.40	25.08	28.12	30.30
-	-	-	-	-	-	-	-	-	-	-	0.13	0.12	0.17	0.04	0.03	0.03
-	-	-	-	-	-	-	-	-	-	-	-9.8%	-21.1%	-24.1%	-15.1%	-10.3%	-5.2%
-81.8%	-	-	-	-	-	-	-	-	-	-	-8.7%	-18.8%	-20.6%	-14.5%	-9.9%	-5.1%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on CONNECTION

The operating result for 2025 is a loss of €4,985, larger than the loss of €989 in 2024. It is the lowest result since 2009.

Equity is negative. Debt (€12,311) exceeds the balance-sheet total (€6,187).

Board & ownership

Board

1 director

Director

since 28-10-2008

listed in the 2025 annual accounts, filed on 25-03-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director

Board

Mandates as a list

- Director, from 28-10-2008 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,600
Source: 2025 annual accounts

Network & group

Holdings

own 2021 accounts, the bar shows equity in euros

This companyCONNECTION1 holding, 1 country 2021 accounts

Europe 1 Equity Result

MT 98% €15,275 result €15,515

Source: list of holdings in its own 2021 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2009, in their own currency.

Holdings and subsidiaries

1 holding

Share, source and own figures per holding (1)

subsidiary
Equity €15,275Result €15,515
Sourceown accounts 2021

98%

Holdings through the years 2009 to 2021

Holdings through the years
Name	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021
2009 to 2021: 98%	98%

Source: list of holdings in its own accounts

Connections & network

1 current director

Depth

The network starts from the directors of CONNECTION. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

20 events since 2008

Filings

Financial

Establishments

2008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

25-03-2026

Annual accounts 2025 filed PDFmicro format · 128 days before the deadline

2025

18-08-2025

Annual accounts 2024 filed PDFmicro format · 18 days late

2024

30-08-2024

Annual accounts 2023 filed PDFmicro format · 30 days late

2023

30-08-2023

Annual accounts 2022 filed PDFmicro format · 30 days late

2022

31-12-2022

Weakest financial year net -€5,106 The net result drops to -€5,106, the lowest from 2009 to 2025. It recovers the following year.

30-08-2022

Annual accounts 2021 filed PDFmicro format · 30 days late

2021

25-08-2021

Annual accounts 2020 filed PDFmicro format · 25 days late

2020

07-07-2020

Annual accounts 2019 filed PDFmicro format · 24 days before the deadline

2019

12-08-2019

Annual accounts 2018 filed PDFmicro format · 12 days late

2018

29-08-2018

Annual accounts 2017 filed PDFabbreviated format · 29 days late

2017

31-07-2017

Annual accounts 2016 filed PDFfull format · on the deadline day

2016

27-06-2016

Annual accounts 2015 filed PDFfull format · 34 days before the deadline

2015

31-08-2015

Annual accounts 2014 filed PDFfull format · 31 days late

2014

18-08-2014

Annual accounts 2013 filed PDFfull format · 18 days late

2013

29-08-2013

Annual accounts 2012 filed PDFfull format · 29 days late

2012

29-08-2012

Annual accounts 2011 filed PDFfull format · 29 days late

2011

31-08-2011

Annual accounts 2010 filed PDFfull format · 31 days late

2010

25-08-2010

Annual accounts 2009 filed PDFfull format · 25 days late

2008

31-10-2008

Incorporation PDFpublished on 10-11-2008

31-10-2008

First establishment Rue du Grand Champ, ZI, Nov. 9, Fernelmont

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

CONNECTION was incorporated on 31 October 2008.¹ Total assets rose from €4,724 in 2018 to €6,187 in 2025.²

Company details

Identity

Enterprise number: 0807.502.234
VAT number: BE 0807.502.234
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 31-10-2008
Financial year: ends on 31 December
Peppol: Not found in the Peppol Directory
Name: CONNECTION in French
Entity type: Legal entity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Rue du Grand Champ, ZI, Nov. 9 registered office 5380 Fernelmont 64210 Activities of holding companies	31-10-2008	2.174.414.554

Invoicing and payment

E-invoicing via Peppol

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Invoicing without a Peppol listing

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Overview

Lifetime

Key points

Equity

Losses

Debts

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Official details

Annual accounts 2025

Insights on CONNECTION

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Insights on CONNECTION

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

Holdings

Europe 1 Equity Result

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Timeline

History

Company details

Identity

Registered office and establishments

Invoicing and payment

in euro

in euro