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Conshen

Active Private limited companyfounded 2023active for 3 yearsJef Buyckxstraat 20, 2300 TurnhoutKBO/BCE: BE 0802.060.831

Lifetime

3 annual accounts with figures on one time axis
peak €37,126 (2024)
-€9,613▼ €46,739
lowest -€11,661 (2025)
-€11,661▼ €34,632
peak €32,884 (2024)
€21,223▼ 35.5%
€134,888▲ 90.1%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025abbreviated format
Gross margin from €37,126 to -€9,613Loss of €11,661Equity from €32,884 to €21,223Debts from €70,956 to €134,888

Key points

from the 2025 annual accounts

Debts

€134,888 86% of the balance sheet
Financial debts 24%Suppliers 39%Taxes and wages 5%Other 31%

Of this, €102,095 falls due within a year.

Investments

€15,327 17.2 × depreciation

Green is investment, beige is depreciation.

Position in the sector

€21,223

Less equity than 84% of companies in wholesale trade. Sector median €360,626 · 9,901 companies.

Turnover not published (abbreviated format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,271 companies had the same profile as Conshen has now. Each dot stands for 4 companies, two years later.

93.5%
were still trading
2.0%
stopped another way
4.1%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,271 companies, not a prediction for Conshen. 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.

Credit verdict

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Signals

Board and ownership

Director
Director
  • founderdeed of 26-05-2023
  • founderdeed of 26-05-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0802060831
Incorporation Founders: ; · 100 shares · Appointments: (director) and (director) · published on 26-05-2023 · Gazette deed
First establishment Jef Buyckxstraat 20, Turnhout
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Conshen Turnhout €156,112 -€9,613 13.6% -
Diamond Pack Hoogstraten €238,739 -€10,270 -6.0% -
LAPIS SOLAR Zedelgem €226,949 €1,629 11.9% -
N-Connection Group Oud-Heverlee €143,495 -€643 14.1% -
Otovo BE Brussels €91,257 -€4,602 -718.4% 0
XIJI Sint-Niklaas €89,456 -€2,548 -18.3% -
INOXERA EUROPE Zaventem €158,115 -€2,188 -30.3% -

These companies have the same main activity as Conshen: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €89,500 and €239,000, founded between 2022 and 2024.

Official details

Source: KBO
Status
Active since 24-05-2023Normal situation
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643and 4 others
Establishment unit
2.345.412.2902300 Turnhout, since 24-05-2023
Financial year end
31 December
Peppol
Reachable since 05-09-2025
Company details

Annual accounts 2025

€156,112▲ 50.3%
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on Conshen

Conshen files the abbreviated format. That format states no turnover. The gross margin fell from €9,667 in 2023 to -€9,613 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Conshen

What is the company number of Conshen?
The company number of Conshen is 0802.060.831. The VAT number is the same number with BE in front: BE 0802.060.831.
Where is Conshen based?
The registered office is at Jef Buyckxstraat 20, 2300 Turnhout.Company details
What does Conshen do?
According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
What is the legal form of Conshen?
Conshen is a private limited company (BV).
When was Conshen founded?
Conshen was founded on 24-05-2023.
Is Conshen still active?
Yes, Conshen is an active enterprise in the KBO register.
What is the turnover of Conshen?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is Conshen profitable?
In financial year 2025, Conshen made a loss of €11,661.
Where can I find the annual accounts of Conshen?
Conshen filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Conshen due?
Conshen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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