CONNEXION INTERNATIONAL
ActiveSummary
CONNEXION INTERNATIONAL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €222k and a net result of €103k. Equity is growing by ~67.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 4.43 in 2023; short-term debt: 23% and cash: 39.9% of total assets), and 24.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 62
lower
← 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
not confirmed
2024
28 d late
2023
30 d late
2022
2 d early
2021
26 d early
2020
11 d late
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€222k▲ 32.9%
2023 · €167k
2018: €-177k
2019: €-99k
2020: €-84k
2021: €-28k
2022: €63k
2023: €167k
2018 → 2024
Total assets
€294k▲ 59.7%
2023 · €184k
2018: €57k
2019: €129k
2020: €129k
2021: €173k
2022: €191k
2023: €184k
2018 → 2024
Net result
€103k▼ 0.9%
2023 · €104k
2018: €34k
2019: €78k
2020: €15k
2021: €56k
2022: €92k
2023: €104k
2018 → 2024
Working capital
€106k▲ 93.2%
2023 · €55k
2018: €-191k
2019: €-207k
2020: €-193k
2021: €-127k
2022: €-31k
2023: €55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-84k-€-28k▲ 66.2%€63k€167k▲ 164%€222k▲ 32.9%
Operating result€21k-€80k▲ 276%€122k▲ 52.8%€152k▲ 24.3%€145k▼ 4.6%
Net result€15k-€56k▲ 278%€92k▲ 63.8%€104k▲ 13.3%€103k▼ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €294k
Fixed assets
€120k ▲ 6.3%
Current assets
€174k ▲ 145%
Equity and liabilities €294k
Equity
€222k ▲ 32.9%
Debt
€72k ▲ 323%
Debt's share of the balance-sheet total rises from 9.3% to 24.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154k▼
2023 · €158k
Cash flow
€112k▲
2023 · €110k
Current ratio
2.57▼
2023 · 4.43
Debt to equity
0.32▲
2023 · 0.10
ROE
46.4%▼
2023 · 62.2%
ROA
35.0%▼
2023 · 56.4%
Interest coverage
395.46▼
2023 · 1093.86
Debt ≤ 1 year
€68k▲
2023 · €16k
Debt > 1 year
€3k
Income taxes
€42k▼
2023 · €48k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€184k€294k▲
Fixed assets21/28€113k€120k▲
Tangible fixed assets22/27€113k€120k▲
Land and buildings22€10k€9k▼
Furniture and vehicles24€2k€9k▲
Other tangible fixed assets26€100k€103k▲
Current assets29/58€71k€174k▲
Amounts receivable within one year40/41€68k€56k▼
Trade receivables40€25k€11k▼
Other amounts receivable41€43k€45k▲
Cash at bank and in hand54/58€2k€117k▲
Deferred charges and accrued income490/1€731€113▼
Equity and liabilities
Total equity and liabilities10/49€184k€294k▲
Equity10/15€167k€222k▲
Contributions10/11€6k€6k=
Reserves13€156k€211k▲
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Distributable reserves133€156k€211k▲
Profit (loss) carried forward14€4k€4k▼
Amounts payable17/49€17k€72k▲
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€16k€68k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44-€84
Suppliers440/4-€84
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€15k€63k▲
Accrued charges and deferred income492/3€1k€963▼
Income statement
Code20232024
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€7k€1k▼
Gross operating margin9900€165k€155k▼
Operating profit (loss)9901€152k€145k▼
Financial income75/76B€164€32▼
Recurring financial income75€164€32▼
Financial charges65/66B€145€389▲
Recurring financial charges65€145€389▲
Profit (loss) for the period before taxes9903€152k€145k▼
Income taxes67/77€48k€42k▼
Profit (loss) for the period9904€104k€103k▼
Profit (loss) for the period to be appropriated9905€104k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€107k▼
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer to equity691/2€104k€55k▼
To other reserves6921€104k€55k▼
Profit to be distributed694/7-€48k
Return on contributions (dividend)694-€48k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €200kEq €222k ▲32.9%
7 profitable years in a row build equity to €222k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €104k ▲13.3%
Operating result €152k, net result €104k, both a record.
31-12
Financial
Liquidity times 6current ratio 4.43
Current ratio from 0.76 to 4.43; short-term debt falls from €128k to €16k.
31-12
Financial
Equity above €150kEq €167k ▲164%
6 profitable years in a row build equity to €167k.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €15k ▼81%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 180 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Milcampslaan 1401030 SchaarbeekGround area
105 m²
Building footprint
88 m²
Volume, LiDAR
950 m³
Parcel 21905C0089/00L017, Brussels · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Connexion International
since 20042.135.980.481
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0089/00L017 | Brussels | 105 m² | 1 · 88 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CommIT Solutions
BE 0743.644.857
Beersel · Eq €221,782
RAWIT
BE 0747.867.129
Elsene · Eq €221,765
NO BETA
BE 0464.024.145
Braine-l'Alleud · Eq €221,763
BMJ CONSULTING
BE 0848.430.195
Sint-Agatha-Berchem · Eq €221,755
MANNASOFT
BE 0474.848.949
Nijlen · Eq €221,751
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 14,439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46150Agents in the wholesale of furniture, household goods and hardware
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.