CONSCIENCE
ActiveSummary
CONSCIENCE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.93M and a net result of €23k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▲+8
Solvency100▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 63.88 against 1.67 in 2024; short-term debt: 0.4% and cash: 0.3% of total assets), and 6.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
0.2%
Age of the figures
9 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €8.93M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
37 d early
2023
36 d early
2022
41 d early
2021
39 d early
2020
23 d early
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€8.93M▲ 105%
2024 · €4.36M
Total assets
€9.60M▲ 46.4%
2024 · €6.55M
Net result
€23k
2024 · €-20k
Working capital
€2.15M▲ 46.4%
2024 · €1.47M
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
Line20212022202320242025
Operating result€-155k▲ 64.2%€-295k▼ 90.8%€-58k▲ 80.3%€18k€41k▲ 125%
Net result€-133k▲ 67.9%€-304k▼ 129%€-90k▲ 70.5%€-20k▲ 77.3%€23k
Equity€4.77M▼ 2.7%€4.47M▼ 6.4%€4.38M▼ 2.0%€4.36M▼ 0.5%€8.93M▲ 105%
Total assets€7.15M▼ 4.9%€6.51M▼ 9.0%€6.57M▲ 0.9%€6.55M▼ 0.2%€9.60M▲ 46.4%
Debt€2.38M▼ 9.0%€2.04M▼ 14.2%€2.19M▲ 7.2%€2.20M▲ 0.4%€666k▼ 69.7%
Working capital€1.29M▲ 35.0%€1.63M▲ 26.0%€1.45M▼ 10.7%€1.47M▲ 1.2%€2.15M▲ 46.4%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 125% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.60M
Fixed assets
€7.41M ▲ 156%
Current assets
€2.19M ▼ 40.4%
Equity and liabilities €9.60M
Equity
€8.93M ▲ 105%
Debt
€666k ▼ 69.7%
Debt's share of the balance-sheet total falls from 33.5% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2024 · €56k
Cash flow
€61k▲
2024 · €17k
Current ratio
63.88▲
2024 · 1.67
Debt to equity
0.07▼
2024 · 0.50
ROE
0.3%▲
2024 · -0.5%
ROA
0.2%▲
2024 · -0.3%
Interest coverage
1.63▲
2024 · 0.81
Debt ≤ 1 year
€34k▼
2024 · €2.20M
Debt > 1 year
€632k▲
2024 · €840
Income taxes
€101▲
2024 · €97
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69k | €53k | €45k | €38k | €38k | ▲ 0.8% |
| Other operating charges640/8 | €17k | €8k | €5k | €4k | €5k | ▲ 10.5% |
| Non-recurring operating charges66A | - | €141k | €16k | - | - | - |
| Gross operating margin9900 | €-68k | €-93k | €7k | €60k | €84k | ▲ 39.3% |
| Operating profit (loss)9901 | €-155k | €-295k | €-58k | €18k | €41k | ▲ 125% |
| Financial income75/76B | €48k | €30k | €46k | €30k | €30k | = |
| Recurring financial income75 | €48k | €30k | €30k | €30k | €30k | = |
| Non-recurring financial income76B | - | - | €16k | - | - | - |
| Financial charges65/66B | €26k | €40k | €68k | €69k | €49k | ▼ 29.5% |
| Recurring financial charges65 | €26k | €40k | €68k | €69k | €49k | ▼ 29.5% |
| Profit (loss) for the period before taxes9903 | €-132k | €-304k | €-81k | €-20k | €23k | ▲ 214% |
| Income taxes67/77 | €500 | €170 | €9k | €97 | €101 | ▲ 3.9% |
| Profit (loss) for the period9904 | €-133k | €-304k | €-90k | €-20k | €23k | ▲ 213% |
| Profit (loss) for the period to be appropriated9905 | €-133k | €-304k | €-90k | €-20k | €23k | ▲ 213% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.15M | €6.51M | €6.57M | €6.55M | €9.60M | ▲ 46.4% |
| Fixed assets21/28 | €3.54M | €2.85M | €2.93M | €2.89M | €7.41M | ▲ 156% |
| Tangible fixed assets22/27 | €3.54M | €2.85M | €2.93M | €2.89M | €7.41M | ▲ 156% |
| Land and buildings22 | €3.54M | €2.85M | €2.92M | €2.88M | €7.41M | ▲ 157% |
| Plant, machinery and equipment23 | - | - | €7k | €5k | €4k | ▼ 32.3% |
| Furniture and vehicles24 | €7k | €2k | €662 | €567 | €472 | ▼ 16.8% |
| Current assets29/58 | €3.61M | €3.65M | €3.64M | €3.67M | €2.19M | ▼ 40.4% |
| Amounts receivable after more than one year29 | €609k | €609k | €609k | €609k | €2.07M | ▲ 240% |
| Other amounts receivable291 | €609k | €609k | €609k | €609k | €2.07M | ▲ 240% |
| Stocks and contracts in progress3 | €1.34M | €1.52M | €1.53M | €1.54M | - | - |
| Stocks30/36 | €1.34M | €1.52M | €1.53M | €1.54M | - | - |
| Amounts receivable within one year40/41 | €1.63M | €1.45M | €1.50M | €1.52M | €90k | ▼ 94.1% |
| Trade receivables40 | €205k | €364 | €14k | €7k | - | - |
| Other amounts receivable41 | €1.42M | €1.45M | €1.49M | €1.51M | €90k | ▼ 94.1% |
| Cash at bank and in hand54/58 | €32k | €71k | €2k | €3k | €24k | ▲ 784% |
| Deferred charges and accrued income490/1 | €2k | €5k | €3k | €2k | €3k | ▲ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.15M | €6.51M | €6.57M | €6.55M | €9.60M | ▲ 46.4% |
| Equity10/15 | €4.77M | €4.47M | €4.38M | €4.36M | €8.93M | ▲ 105% |
| Contributions10/11 | €5.57M | €5.57M | €5.57M | €5.57M | €5.57M | = |
| Capital10 | €5.57M | €5.57M | €5.57M | €5.57M | €5.57M | = |
| Issued capital100 | €5.57M | €5.57M | €5.57M | €5.57M | €5.57M | = |
| Revaluation surpluses12 | - | - | - | - | €4.55M | - |
| Reserves13 | €209k | €209k | €209k | €209k | €209k | = |
| Non-distributable reserves130/1 | €140k | €140k | €140k | €140k | €140k | = |
| Legal reserve130 | €140k | €140k | €140k | €140k | €140k | = |
| Distributable reserves133 | €70k | €70k | €70k | €70k | €70k | = |
| Profit (loss) carried forward14 | €-1.01M | €-1.31M | €-1.40M | €-1.42M | €-1.40M | ▲ 1.6% |
| Amounts payable17/49 | €2.38M | €2.04M | €2.19M | €2.20M | €666k | ▼ 69.7% |
| Amounts payable after more than one year17 | €57k | €12k | €840 | €840 | €632k | ▲ 75,106% |
| Financial debts170/4 | €56k | €11k | - | - | - | - |
| Other amounts payable178/9 | €840 | €840 | €840 | €840 | €632k | ▲ 75,106% |
| Amounts payable within one year42/48 | €2.32M | €2.03M | €2.19M | €2.20M | €34k | ▼ 98.4% |
| Current portion of amounts payable after more than one year42 | €56k | €45k | €23k | - | - | - |
| Financial debts43 | €1.13M | €1.15M | €1.26M | €1.25M | - | - |
| Credit institutions430/8 | €1.13M | €1.15M | €1.26M | €1.25M | - | - |
| Trade debts44 | €231k | €11k | €18k | €6k | €10k | ▲ 54.6% |
| Suppliers440/4 | €231k | €11k | €18k | €6k | €10k | ▲ 54.6% |
| Taxes, remuneration and social security45 | €500 | €3k | €262 | €4k | €2k | ▼ 52.5% |
| Taxes450/3 | €500 | €3k | €262 | €4k | €2k | ▼ 52.5% |
| Other amounts payable47/48 | €896k | €821k | €884k | €932k | €22k | ▼ 97.6% |
| Accrued charges and deferred income492/3 | €3k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-133k | €-304k | €-90k | €-20k | €23k | ▲ 213% |
| + Depreciation and write-downs630 | €69k | €53k | €45k | €38k | €38k | ▲ 0.8% |
| Operating cash flow (approximation) | €-63k | €-251k | €-44k | €17k | €61k | ▲ 251% |
| Investment in fixed assets (approximation) | - | €634k | €-118k | €0 | €-4.56M | - |
| Change in cash | - | €39k | €-68k | €399 | €22k | ▲ 5,339% |
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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after 5 loss-making years.
31-12
Financial
Liquidity times 38current ratio 63.88
Current ratio from 1.67 to 63.88; short-term debt falls from €2.20M to €34k.
31-12
Financial
Equity above €5MEq €8.93M ▲105%
Equity rises from €4.36M to €8.93M.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-413k
Net result drops to €-413k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Back to profitnet €154k
Net result €154k after one loss-making year.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2000
Ground area
695 m²
Building footprint
240 m²
Volume, LiDAR
2,667 m³
Parcel 34353H0092/00C000, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CONSCIENCE NV
since 20002.097.370.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0092/00C000 | Flanders | 695 m² | 1 · 239 m² | 14.7 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 2,335 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
Founded17-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.