Conseco
ActiveSummary
Conseco has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,203 and a net result of €31,887. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 85% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-02-2009 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Establishment unit
- 2.176.330.008 9100 Sint-Niklaas, since 28-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 16-09-2025
Board and ownership
- Christianus (Marco) ZomerDirector · since 01-10-2025
- Erik De VosDirector
- Auditor
- KPMG Bedrijfsrevisoren
- CTC-Invest100%2025 annual accounts of CTC-Invest
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €47,333
- ▼ 13.5%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €31,887
- ▼ 32.3%
- Equity
- €279,203
- ▲ 12.9%
- Total assets
- €347,934
- ▲ 2.6%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskLast filed accounts filed 28 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 5.04, cash €88,244Equity €279,203 (80.2% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 64% on liquidity, 49% on profitability and 60% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00442214.
Annual accounts 2025 filed on 28-08-2026 at the NBB all 17 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 39% lower than in 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €592 | - | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | - | - | €77 | €118 | €119 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €23 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,229 | €121 | - | - | - | €77 | €118 | €119 | ▲ 0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €30,420 | -€12,656 | €8,208 | - |
| Other operating charges640/8 | - | - | - | €568 | €570 | €3,025 | €5,544 | €1,540 | ▼ 72.2% |
| Gross operating margin9900 | -€15,071 | €7,373 | €15,904 | €23,213 | €58,579 | €112,067 | €54,728 | €47,333 | ▼ 13.5% |
| Operating profit (loss)9901 | -€17,878 | €6,672 | €15,437 | €22,645 | €58,009 | €78,545 | €61,722 | €37,467 | ▼ 39.3% |
| Financial income75/76B | - | - | - | - | - | - | €1,746 | €6,145 | ▲ 252% |
| Recurring financial income75 | €28 | - | - | - | - | - | €1,746 | €6,145 | ▲ 252% |
| Financial charges65/66B | - | - | - | €421 | €319 | €1,018 | €586 | €989 | ▲ 68.9% |
| Recurring financial charges65 | €158 | €304 | €207 | €421 | €319 | €1,018 | €586 | €989 | ▲ 68.9% |
| Profit (loss) for the period before taxes9903 | -€17,144 | €6,538 | €15,230 | €22,224 | €57,690 | €77,527 | €62,882 | €42,623 | ▼ 32.2% |
| Income taxes67/77 | - | - | - | - | - | €36,090 | €15,759 | €10,736 | ▼ 31.9% |
| Profit (loss) for the period9904 | -€17,144 | €6,538 | €15,230 | €22,224 | €57,690 | €41,437 | €47,123 | €31,887 | ▼ 32.3% |
| Profit (loss) for the period to be appropriated9905 | -€17,144 | €6,538 | €15,230 | €22,224 | €57,690 | €41,437 | €47,123 | €31,887 | ▼ 32.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €90,933 | €81,858 | €111,932 | €119,238 | €197,126 | €339,652 | €339,098 | €347,934 | ▲ 2.6% |
| Fixed assets21/28 | €1,381 | €1,260 | €1,260 | €1,260 | €1,260 | €1,775 | €1,657 | €1,538 | ▼ 7.2% |
| Tangible fixed assets22/27 | €121 | - | - | - | - | €515 | €397 | €278 | ▼ 29.9% |
| Other tangible fixed assets26 | - | - | - | - | - | €515 | €397 | €278 | ▼ 29.9% |
| Financial fixed assets28 | €1,260 | €1,260 | €1,260 | €1,260 | €1,260 | €1,260 | €1,260 | €1,260 | = |
| Current assets29/58 | €89,552 | €80,598 | €110,672 | €117,978 | €195,866 | €337,877 | €337,441 | €346,396 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €37,464 | €46,988 | €55,819 | €49,963 | €89,015 | €107,004 | €249,644 | €257,216 | ▲ 3.0% |
| Trade receivables40 | - | - | - | €48,074 | €89,015 | €107,004 | €48,136 | €31,123 | ▼ 35.3% |
| Other amounts receivable41 | - | - | - | €1,889 | - | - | €201,508 | €226,093 | ▲ 12.2% |
| Cash at bank and in hand54/58 | €52,088 | €33,610 | €54,353 | €67,122 | €105,988 | €230,178 | €87,222 | €88,244 | ▲ 1.2% |
| Deferred charges and accrued income490/1 | - | - | - | €893 | €863 | €695 | €575 | €935 | ▲ 62.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €90,933 | €81,858 | €111,932 | €119,238 | €197,126 | €339,652 | €339,098 | €347,934 | ▲ 2.6% |
| Equity10/15 | €57,074 | €63,612 | €78,842 | €101,066 | €158,756 | €200,193 | €247,316 | €279,203 | ▲ 12.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €36,614 | €43,152 | €58,382 | €80,606 | €138,296 | €179,733 | €226,856 | €258,743 | ▲ 14.1% |
| Amounts payable17/49 | €33,859 | €18,246 | €33,090 | €18,172 | €38,370 | €139,459 | €91,782 | €68,731 | ▼ 25.1% |
| Amounts payable within one year42/48 | €33,859 | €18,246 | €33,090 | €18,172 | €38,370 | €139,422 | €91,782 | €68,731 | ▼ 25.1% |
| Trade debts44 | €33,859 | €18,246 | €30,561 | €18,172 | €37,728 | €91,518 | €74,894 | €68,647 | ▼ 8.3% |
| Suppliers440/4 | - | - | - | €18,172 | €37,728 | €91,518 | €74,894 | €68,647 | ▼ 8.3% |
| Taxes, remuneration and social security45 | - | - | - | - | €642 | €47,904 | €16,888 | €84 | ▼ 99.5% |
| Taxes450/3 | - | - | - | - | €642 | €47,904 | €16,888 | €84 | ▼ 99.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €37 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,144 | €6,538 | €15,230 | €22,224 | €57,690 | €41,437 | €47,123 | €31,887 | ▼ 32.3% |
| + Depreciation and write-downs630 | €2,229 | €121 | - | - | - | €77 | €118 | €119 | ▲ 0.4% |
| Operating cash flow (approximation) | -€14,915 | €6,659 | €15,230 | €22,224 | €57,690 | €41,514 | €47,241 | €32,005 | ▼ 32.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€592 | €0 | €0 | - |
| Change in cash | - | -€18,478 | €20,743 | €12,769 | €38,866 | €124,190 | -€142,956 | €1,022 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as Conseco has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Conseco itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for Conseco. 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00442214 | |
| 31-12-2024 | abbreviated format | 01-10-2025 | 2025-00526318 | |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00342371 | |
| 31-12-2022 | micro format | 04-10-2023 | 2023-00479138 | |
| 31-12-2021 | abbreviated format | 21-09-2022 | 2022-20435951 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-26400578 | |
| 31-12-2019 | abbreviated format | 10-07-2020 | 2020-28600543 | |
| 31-12-2018 | abbreviated format | 29-07-2019 | 2019-40800417 | |
| 31-12-2017 | abbreviated format | 04-07-2018 | 2018-28900074 | |
| 31-12-2016 | abbreviated format | 13-07-2017 | 2017-31200307 |
Board & ownership
Directors
Board 2
Statutory auditor 1
Owners and capital
Shareholders
1 ownerChain of control
- Normec Belgium
- CTC-Invest
- Conseco
Owners 1
- CTC-InvestparentSourceaccounts CTC-Invest 2025Equity -€29,454 Loss of €2,475 in 2025 (loss of €1,765 in 2024)100%
Capital transactions
- 25-01-2024 Converted to unavailable equity
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Christianus (Marco) Zomer |
|
| Erik De Vos |
|
| KPMG Bedrijfsrevisoren |
|
| Britt Schuurs |
|
| Normec 1 B.V. |
|
| CTC-Invest BV |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur, in…”“Bestuursorgaan kan onder leden voorzitter benoemen”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten in artikel 2:87 WVV zonder bijzondere machtiging, desgevallend één of meer vereffenaars door algemene vergadering bij…”
Articles of association, deed of 25-01-2024 (in Dutch)
Network & group
Connections & network
2 current directorsThe network starts from the directors of Conseco. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-09
Gazette deed
Appointment: Erik De Vos (director)Resignation: Britt Schuurs (director) · Power of attorney8 points ▸
- General meeting, 14-08-2026
- Director appointment, Erik De Vos (director)
- Director resignation, Britt Schuurs (director)
- Power of attorney, Klaas Thibaut
- Power of attorney, Sayanah Staelens
- Power of attorney, Vincent Denoncin
- Power of attorney
- Power of attorney, Ad-Ministerie BV
24-02
Gazette deed
Resignation: Normec 1 B.V. (director)Director discharge3 points ▸
- General meeting, 03-02-2026
- Director resignation, Normec 1 B.V. (director)
- Director discharge, Normec 1 B.V.
24-10
Gazette deed
Appointments: Christianus (Marco) Zomer (director) and Normec 1 B.V. (director)Permanent representative: Robert Marcel Wolff · Power of attorney9 points ▸
- General meeting, 22-09-2025
- Director appointment, Christianus (Marco) Zomer (director)
- Director appointment, Normec 1 B.V. (director)
- Permanent representative, Robert Marcel Wolff
- Power of attorney, Klaas Thibaut
- Power of attorney, Sayanah Staelens
- Power of attorney, Vincent Denoncin
- Power of attorney
- Power of attorney, Ad-Ministerie BV
06-06
Gazette deed
Resignation: CTC-Invest BV (director)Permanent representative: Maria Princen · Director discharge5 points ▸
- General meeting, 12-05-2025
- Director resignation, CTC-Invest BV (director)
- Director discharge, CTC-Invest BV
- Permanent representative, Maria Princen
- Other provision, “1800 Vilvoorde, kantooradres” (deed in Dutch)
05-05
Gazette deed
Appointment: Britt Schuurs (director)2 points ▸
- General meeting, 08-04-2025
- Director appointment, Britt Schuurs (director)
25-01
Gazette deed
Capital & shares · Amendment of the articles · Legal-form changeCapital conversion · Capital4 points ▸
- General meeting, 14-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
6 activities
- Het leveren van prestaties als energiedeskundige;
- Uitwerking van projecten op het gebied van klimaatbeheersing, koeltechniek, zuivering en voorkomen van pollutie, akoestiek enz.;
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding enz.;
- Commissiehandel;
- Klein- en groothandel in roerende goederen; en
- Kopen, verkopen, huren, verhuren en leasing in onroerende goederen doch enkel voor eigen tekening.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46021A0759/00L000 | Flanders | 2,430 m² | 1 · 859 m² | 20.1 m · 5 |
| 46021A0228/00Y000 | Flanders | 1,037 m² | 1 · 124 m² | 9.0 m · 2 |