CONNECTIS
ActiveSummary
CONNECTIS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€290,492) and a net result of -€1.5m. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency8▼-27
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.31 against 2.41 in 2024; short-term debt: 37.5% and cash: 6.3% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2025Solvency, return and age of the figures
Solvency
-17%
Return on assets
-86.1%
Age of the figures
12 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222425
2018 to 2025 · latest year -€290,492
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-07-2026, 85 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 · 10 filingsDeviation from the deadline
2025
85 d late
2024
131 d late
2022
6 d early
2021
24 d late
2020
19 d early
2019
5 d late
2018
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 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 (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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.5m▲ 3.8%
2024 · -€1.5m
Working capital
€201,069▼ 73.8%
2024 · €766,144
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
Line20202021202220242025
Operating result€101,945▲ 241%€124,408▲ 22.0%€50,688▼ 59.3%-€1.6m--€1.3m▲ 18.9%
Net result€99,250▲ 181%€102,678▲ 3.5%€39,885▼ 61.2%-€1.5m--€1.5m▲ 3.8%
Equity€667,094▲ 15.4%€740,609▲ 11.0%€780,494▲ 5.4%€178,597--€290,492
Total assets€1.6m▲ 4.2%€1.8m▲ 9.1%€2.1m▲ 16.2%€1.9m-€1.7m▼ 8.1%
Debt€969,591▼ 2.4%€1.0m▲ 7.8%€1.3m▲ 23.9%€1.7m-€2.0m▲ 18.9%
Working capital€983,312▲ 46.0%€819,076▼ 16.7%€449,897▼ 45.1%€766,144-€201,069▼ 73.8%
Staff (FTE)16.5▼ 2.9%20.4▲ 23.6%23.8▲ 16.7%0-21.5
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.3m in 2025 against €1.6m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€862,186 ▲ 58.9%
Current assets
€841,194 ▼ 35.8%
Key figures and ratios
EBITDA
-€1.1m▲
2024 · -€1.2m
Cash flow
-€1.3m▼
2024 · -€1.2m
Solvency
-17.0%▼
2024 · 9.6%
Current ratio
1.31▼
2024 · 2.41
Debt to equity
-6.87▼
2024 · 9.40
ROA
-86.1%▼
2024 · -82.2%
Interest coverage
-5.23▲
2024 · -10.89
Debt ≤ 1 year
€640,125▲
2024 · €545,044
Debt > 1 year
€1.3m▲
2024 · €1.1m
Income taxes
€3,466▼
2024 · €6,099
Staff costs
€1.5m▼
2024 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 682 companies that looked in July 2024 the way this one looks now, 6.3% went bankrupt within 24 months and 84% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.3%
went bankrupt
6.2%
stopped otherwise
84%
still going
A further 3.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% 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%.
| 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 682 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
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9,989 | €17,768 | €114,719 | €42,916 | ▼ 62.6% |
| Remuneration, social security and pensions62 | - | €774,460 | €1.0m | €2.3m | €1.5m | ▼ 34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,847 | €49,383 | €112,373 | €343,041 | €190,354 | ▼ 44.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €9,423 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €7,229 | - | - | - | - |
| Other operating charges640/8 | - | €9,411 | €20,556 | €29,856 | €32,085 | ▲ 7.5% |
| Non-recurring operating charges66A | - | €2,410 | - | - | €66,541 | - |
| Gross operating margin9900 | €745,256 | €967,300 | €1.2m | €1.1m | €547,725 | ▼ 51.2% |
| Operating profit (loss)9901 | €101,945 | €124,408 | €50,688 | -€1.6m | -€1.3m | ▲ 18.9% |
| Financial income75/76B | - | €5 | €12,295 | €147,543 | €2,300 | ▼ 98.4% |
| Recurring financial income75 | €14,378 | €5 | €12,295 | €147,543 | €2,300 | ▼ 98.4% |
| Financial charges65/66B | - | €10,571 | €16,575 | €111,480 | €205,116 | ▲ 84.0% |
| Recurring financial charges65 | €11,863 | €10,571 | €16,575 | €111,480 | €205,116 | ▲ 84.0% |
| Profit (loss) for the period before taxes9903 | €104,461 | €113,842 | €46,408 | -€1.5m | -€1.5m | ▲ 3.7% |
| Income taxes67/77 | €5,211 | €11,164 | €6,523 | €6,099 | €3,466 | ▼ 43.2% |
| Profit (loss) for the period9904 | €99,250 | €102,678 | €39,885 | -€1.5m | -€1.5m | ▲ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €99,250 | €102,678 | €39,885 | -€1.5m | -€1.5m | ▲ 3.8% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.8m | €2.1m | €1.9m | €1.7m | ▼ 8.1% |
| Formation expenses20 | - | - | - | €4,219 | €3,222 | ▼ 23.6% |
| Fixed assets21/28 | €254,115 | €280,833 | €702,746 | €542,537 | €862,186 | ▲ 58.9% |
| Intangible fixed assets21 | €648 | - | €171,455 | €95,327 | €16,450 | ▼ 82.7% |
| Tangible fixed assets22/27 | €92,978 | €84,143 | €334,601 | €265,587 | €173,326 | ▼ 34.7% |
| Plant, machinery and equipment23 | - | €4,852 | €243,791 | €1,731 | €1,151 | ▼ 33.5% |
| Furniture and vehicles24 | - | €79,291 | €54,650 | €229,307 | €154,390 | ▼ 32.7% |
| Other tangible fixed assets26 | - | - | €13,167 | €11,558 | €8,226 | ▼ 28.8% |
| Assets under construction and advance payments27 | - | - | €22,992 | €22,992 | €9,559 | ▼ 58.4% |
| Financial fixed assets28 | €160,490 | €196,690 | €196,690 | €181,622 | €672,410 | ▲ 270% |
| Current assets29/58 | €1.4m | €1.5m | €1.4m | €1.3m | €841,194 | ▼ 35.8% |
| Stocks and contracts in progress3 | €46,979 | €74,436 | €13,304 | €11,377 | - | - |
| Stocks30/36 | - | €74,436 | €13,304 | €11,377 | - | - |
| Amounts receivable within one year40/41 | €591,112 | €747,379 | €1.3m | €1.0m | €638,226 | ▼ 38.5% |
| Trade receivables40 | - | €596,535 | €1.0m | €867,431 | €460,042 | ▼ 47.0% |
| Other amounts receivable41 | - | €150,844 | €229,056 | €170,858 | €178,184 | ▲ 4.3% |
| Cash at bank and in hand54/58 | €687,397 | €642,800 | €39,714 | €127,008 | €107,458 | ▼ 15.4% |
| Deferred charges and accrued income490/1 | - | €39,984 | €56,780 | €134,514 | €95,510 | ▼ 29.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €2.1m | €1.9m | €1.7m | ▼ 8.1% |
| Equity10/15 | €667,094 | €740,609 | €780,494 | €178,597 | -€290,492 | ▼ 263% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €2.0m | €3.0m | ▲ 50.5% |
| Capital10 | - | €1.1m | €1.1m | €1.6m | €2.6m | ▲ 62.1% |
| Issued capital100 | - | €1.1m | €1.1m | €1.6m | €2.6m | ▲ 62.1% |
| Outside capital11 | - | - | - | €369,203 | €369,203 | = |
| Share premium1100/10 | - | - | - | €369,203 | €369,203 | = |
| Reserves13 | €36,000 | €36,000 | €40,000 | €40,000 | €40,000 | = |
| Non-distributable reserves130/1 | - | €36,000 | €40,000 | €40,000 | €40,000 | = |
| Legal reserve130 | - | €36,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€422,506 | -€348,991 | -€313,106 | -€1.8m | -€3.3m | ▼ 79.8% |
| Amounts payable17/49 | €969,591 | €1.0m | €1.3m | €1.7m | €2.0m | ▲ 18.9% |
| Amounts payable after more than one year17 | €313,167 | €221,713 | €287,580 | €1.1m | €1.3m | ▲ 19.9% |
| Financial debts170/4 | - | €221,713 | €287,580 | €1.1m | €1.3m | ▲ 19.9% |
| Amounts payable within one year42/48 | €399,258 | €685,523 | €922,274 | €545,044 | €640,125 | ▲ 17.4% |
| Current portion of amounts payable after more than one year42 | - | €91,454 | €142,998 | €77,474 | €221,429 | ▲ 186% |
| Trade debts44 | €182,749 | €244,127 | €504,556 | €346,679 | €241,177 | ▼ 30.4% |
| Suppliers440/4 | - | €244,127 | €504,556 | €346,679 | €241,177 | ▼ 30.4% |
| Advances received on contracts in progress46 | - | €170,807 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €169,133 | €259,489 | €105,081 | €161,708 | ▲ 53.9% |
| Taxes450/3 | - | €97,005 | €143,645 | €59,999 | €49,326 | ▼ 17.8% |
| Remuneration and social security454/9 | - | €72,129 | €115,844 | €45,081 | €112,383 | ▲ 149% |
| Other amounts payable47/48 | - | €10,001 | €15,231 | €15,810 | €15,810 | = |
| Accrued charges and deferred income492/3 | - | €137,586 | €84,568 | €82,993 | €96,588 | ▲ 16.4% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,250 | €102,678 | €39,885 | -€1.5m | -€1.5m | ▲ 3.8% |
| + Depreciation and write-downs630 | €53,847 | €49,383 | €112,373 | €343,041 | €190,354 | ▼ 44.5% |
| Operating cash flow (approximation) | €153,098 | €152,061 | €152,258 | -€1.2m | -€1.3m | ▼ 8.0% |
| Investment in fixed assets (approximation) | - | -€76,101 | -€534,286 | - | -€510,003 | - |
| Change in cash | - | -€44,597 | -€603,086 | - | -€19,550 | - |
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
28-08
State Gazette act
Assemblee Generale - Annee Comptable
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 85 days late
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 131 days late
2024
30-09
Financial
Weakest financial yearnet -€1.5m
Net result drops to -€1.5m, the lowest in the series; recovery starts the following year.
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €102,678 ▲3.5%
Operating result €124,408, net result €102,678, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 5 days late
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 144 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 3 establishment units since 2002
Ground area
4,069 m²
Building footprint
3,755 m²
Volume, LiDAR
53,255 m³
3 parcels, Brussels, Wallonia · tallest building 24.2 m, ±5 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
3 establishment units
Ruisbroeksesteenweg 76, 1180 Ukkel
since 20022.115.214.167
Orion Business Park
since 20242.362.373.038
Silversquare Louvain-La-Neuve
since 20242.362.373.137
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0001/00G000 | Brussels | 2,345 m² | 1 · 748 m² | 18.5 m · 5 fl. |
| 25386B0254/00X000 | Wallonia | 1,248 m² | 1 · 2,510 m² | 24.1 m · 5 fl. |
| 92067A0066/00F000 | Wallonia | 476 m² | 1 · 497 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Financial year
From 1 January to 31 December
Annual meeting
Last Friday of May at 18:00
Power of attorney
3 provisions in the deed
Other provisions
1 more provision in the deed, see the deed of 28-08-2026
Structure & network
Owners and holdings
6 holdingsOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 6
-
100%
-
80%
-
51%
-
50%
-
0.54%
-
0.01%
According to the annual accounts to 30-09-2025 of CONNECTIS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-11-2002
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
Website
www.connectis.beUkkel
E-mail
info@connectis.beUkkel
Phone
02/333.92.40Ukkel
Fax
02/333.92.50Ukkel
Website
www.connectisgroup.beOttignies-Louvain-la-Neuve
E-mail
christophe.genge@connectis.beOttignies-Louvain-la-Neuve
Phone
0471996974Ottignies-Louvain-la-Neuve
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478744785
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.