CONRES
ActiveSummary
CONRES has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of €742,811. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 81% of 7454 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+26
Solvency96▲+22
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.76 against 0.59 in 2023; short-term debt: 12.1% and cash: 41.6% of total assets), and 29.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.7%
Return on assets
39.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-01-2026, 176 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
176 d late
2023
152 d late
2022
150 d late
2021
187 d late
2020
40 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 138 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#5 company by equity in Brakel, Construction sector#7 company by total assets in Brakel, Construction sector
Equity
€1.3m▲ 125%
2023 · €590,576
Total assets
€1.9m▲ 56.8%
2023 · €1.2m
Net result
€742,811▲ 1,260%
2023 · €54,629
Working capital
€627,113
2023 · -€99,397
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
Line20202021202220232024
Operating result€235,790▲ 300%€178,317▼ 24.4%€118,363▼ 33.6%€99,831▼ 15.7%€85,159▼ 14.7%
Net result€155,282▲ 297%€110,330▼ 28.9%€67,385▼ 38.9%€54,629▼ 18.9%€742,811▲ 1,260%
Equity€453,098▲ 52.1%€561,828▲ 24.0%€627,613▲ 11.7%€590,576▼ 5.9%€1.3m▲ 125%
Total assets€941,430▲ 8.2%€1.4m▲ 48.3%€1.4m▼ 2.9%€1.2m▼ 11.4%€1.9m▲ 56.8%
Debt€446,338▼ 19.3%€797,341▲ 78.6%€693,756▼ 13.0%€577,984▼ 16.7%€520,713▼ 9.9%
Working capital-€19,116▲ 91.4%€27,960€5,166▼ 81.5%-€99,397€627,113
Staff (FTE)0.2
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +1,260%, Equity +125%, Total assets +57% on 2023. Cause not known from the registers.
- 2020 Net result +297%, Equity +52% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 15% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.0m ▼ 2.5%
Current assets
€854,535 ▲ 487%
Equity and liabilities €1.9m
Equity
€1.3m ▲ 125%
Provisions
€30,734 ▼ 4.6%
Debt
€520,713 ▼ 9.9%
Debt's share of the balance-sheet total falls from 48.1% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120,079▼
2023 · €132,166
Cash flow
€777,731▲
2023 · €86,964
Current ratio
3.76▲
2023 · 0.59
Debt to equity
0.39▼
2023 · 0.98
ROE
55.8%▲
2023 · 9.3%
ROA
39.4%▲
2023 · 4.5%
Interest coverage
14.18▲
2023 · 14.15
Debt ≤ 1 year
€227,422▼
2023 · €245,004
Debt > 1 year
€292,256▼
2023 · €332,774
Income taxes
€112,110▲
2023 · €37,344
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% 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 20,082 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 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,299 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,644 | €102,340 | €49,966 | €32,335 | €34,920 | ▲ 8.0% |
| Other operating charges640/8 | - | €7,542 | €16,727 | €6,842 | €3,511 | ▼ 48.7% |
| Gross operating margin9900 | €322,069 | €294,499 | €185,056 | €139,008 | €123,590 | ▼ 11.1% |
| Operating profit (loss)9901 | €235,790 | €178,317 | €118,363 | €99,831 | €85,159 | ▼ 14.7% |
| Financial income75/76B | - | €1 | €18 | €4 | €776,760 | ▲ 21,516,799% |
| Recurring financial income75 | €1 | €1 | €18 | €4 | €776,760 | ▲ 21,516,799% |
| Financial charges65/66B | - | €14,252 | €13,263 | €9,338 | €8,466 | ▼ 9.3% |
| Recurring financial charges65 | €9,417 | €14,252 | €13,263 | €9,338 | €8,466 | ▼ 9.3% |
| Profit (loss) for the period before taxes9903 | €226,374 | €164,067 | €105,118 | €90,497 | €853,453 | ▲ 843% |
| Transfer from deferred taxes780 | - | €5,412 | €2,905 | €1,476 | €1,468 | ▼ 0.6% |
| Income taxes67/77 | €48,569 | €59,148 | €40,638 | €37,344 | €112,110 | ▲ 200% |
| Profit (loss) for the period9904 | €155,282 | €110,330 | €67,385 | €54,629 | €742,811 | ▲ 1,260% |
| Transfer from tax-exempt reserves789 | - | €13,032 | €7,478 | €4,077 | €4,057 | ▼ 0.5% |
| Profit (loss) for the period to be appropriated9905 | €82,225 | €123,362 | €74,863 | €58,706 | €746,868 | ▲ 1,172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €941,430 | €1.4m | €1.4m | €1.2m | €1.9m | ▲ 56.8% |
| Fixed assets21/28 | €672,120 | €985,866 | €1.0m | €1.1m | €1.0m | ▼ 2.5% |
| Tangible fixed assets22/27 | €170,925 | €592,441 | €601,077 | €619,029 | €587,845 | ▼ 5.0% |
| Land and buildings22 | - | €590,587 | €599,857 | €613,592 | €583,986 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | €317 | €124 | - | - | - |
| Furniture and vehicles24 | - | €1,537 | €1,096 | €5,437 | €3,859 | ▼ 29.0% |
| Financial fixed assets28 | €501,195 | €393,425 | €432,976 | €436,126 | €440,788 | ▲ 1.1% |
| Current assets29/58 | €269,309 | €409,886 | €320,993 | €145,606 | €854,535 | ▲ 487% |
| Amounts receivable within one year40/41 | €168,289 | €109,895 | €84,433 | €87,308 | €66,273 | ▼ 24.1% |
| Trade receivables40 | - | €109,895 | €84,433 | €22,911 | €14,205 | ▼ 38.0% |
| Other amounts receivable41 | - | - | - | €64,397 | €52,068 | ▼ 19.1% |
| Cash at bank and in hand54/58 | €98,150 | €295,497 | €234,999 | €57,139 | €783,383 | ▲ 1,271% |
| Deferred charges and accrued income490/1 | - | €4,494 | €1,560 | €1,159 | €4,879 | ▲ 321% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €941,430 | €1.4m | €1.4m | €1.2m | €1.9m | ▲ 56.8% |
| Equity10/15 | €453,098 | €561,828 | €627,613 | €590,576 | €1.3m | ▲ 125% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €380,559 | €487,527 | €554,048 | €518,471 | €1.3m | ▲ 143% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | - | €126,667 | €119,189 | €115,112 | €111,055 | ▼ 3.5% |
| Distributable reserves133 | - | €359,000 | €433,000 | €403,359 | €1.2m | ▲ 185% |
| Profit (loss) carried forward14 | €66,339 | €68,101 | €67,365 | €65,905 | €64,257 | ▼ 2.5% |
| Provisions and deferred taxes16 | €41,994 | €36,582 | €33,678 | €32,202 | €30,734 | ▼ 4.6% |
| Deferred taxes168 | - | €36,582 | €33,678 | €32,202 | €30,734 | ▼ 4.6% |
| Amounts payable17/49 | €446,338 | €797,341 | €693,756 | €577,984 | €520,713 | ▼ 9.9% |
| Amounts payable after more than one year17 | €157,912 | €411,960 | €375,099 | €332,774 | €292,256 | ▼ 12.2% |
| Financial debts170/4 | - | €411,960 | €375,099 | €332,774 | €292,256 | ▼ 12.2% |
| Amounts payable within one year42/48 | €288,426 | €381,927 | €315,827 | €245,004 | €227,422 | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €38,595 | €39,213 | €39,892 | €40,528 | ▲ 1.6% |
| Financial debts43 | - | - | - | €353 | €5,302 | ▲ 1,401% |
| Credit institutions430/8 | - | - | - | €353 | €5,302 | ▲ 1,401% |
| Trade debts44 | €20,546 | €97,327 | €83,512 | €23,377 | €25,607 | ▲ 9.5% |
| Suppliers440/4 | - | €97,327 | €83,512 | €23,377 | €25,607 | ▲ 9.5% |
| Taxes, remuneration and social security45 | - | €111,984 | €123,226 | €79,715 | €144,320 | ▲ 81.0% |
| Taxes450/3 | - | €111,984 | €123,226 | €79,715 | €144,320 | ▲ 81.0% |
| Other amounts payable47/48 | - | €134,020 | €69,876 | €101,666 | €11,666 | ▼ 88.5% |
| Accrued charges and deferred income492/3 | - | €3,455 | €2,830 | €206 | €1,035 | ▲ 402% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €155,282 | €110,330 | €67,385 | €54,629 | €742,811 | ▲ 1,260% |
| + Depreciation and write-downs630 | €71,644 | €102,340 | €49,966 | €32,335 | €34,920 | ▲ 8.0% |
| Operating cash flow (approximation) | €226,926 | €212,671 | €117,351 | €86,964 | €777,731 | ▲ 794% |
| Investment in fixed assets (approximation) | - | -€416,086 | -€98,154 | -€53,438 | -€8,397 | ▲ 84.3% |
| Change in cash | - | €197,346 | -€60,498 | -€177,860 | €726,244 | ▲ 508% |
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
2026
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 176 days late
2024
31-12
Financial
Highest result since 2018net €742,811 ▲1,260%
Net result €742,811, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 3.76
Current ratio from 0.59 to 3.76; short-term debt falls from €245,004 to €227,422.
31-12
Financial
Equity above €1mEq €1.3m ▲125%
7 profitable years in a row build equity to €1.3m.
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 152 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 150 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 187 days late
2021
31-12
Financial
Equity above €500,000Eq €561,828 ▲24%
4 profitable years in a row build equity to €561,828.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €39,089 ▼37.7%
Net result drops to €39,089, the lowest in the series; recovery starts the following year.
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 132 days late
Show earlier events
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 60 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 73 days late
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, Brakel · 1 establishment unit since 1993
Ground area
2,004 m²
Building footprint
441 m²
Volume, LiDAR
2,429 m³
Parcel 45012C0813/00G000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kremerstraat 5, 9660 Brakel
since 19932.063.774.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45012C0813/00G000 | Flanders | 2,004 m² | 1 · 441 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 3
-
50%
-
25%
-
25%
According to the 2024 annual accounts of CONRES 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 4,093 companies in sector 43240 we hold annual accounts for 1,634. 602 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
Founded08-09-1993
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450875103
Also
9925:BE0450875103
Registered
27-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.