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CONTEC

Active
Private limited companyfounded 1986active for 40 yearsNoorderlaan 125, 2030 Antwerpen, BelgiumKBO/BCE: BE 0428.162.453
Summary

CONTEC has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €2.2m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 45% of 889 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
10th largest employer in the province of Antwerp, Architecture and engineering sector3 sites
Size
€23.1mturnover 2025
Staff
141.1 FTE
Equity
€6.8m
Profit
€2.2m
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
4 members
Holdings
5
  • H11MSManaging director · permanent representative Patrick De Pryck
Auditor: VGD Bedrijfsrevisoren2025 accounts filed 11 days late8 of 20 deeds summarised
Why 94lowers riskProfit of €2.2m (financial year 2025)Founded in 1986Size: turnover €23.1m, 141.1 FTE, total assets €18.3mSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2025
Average
Solvency 62+3
equity 37.3% of total assets
Liquidity 34+2
short-term debt 58.6% · cash 11.3%
Profitability 74-4
return on assets 11.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (165 companies, NACE 71, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.46, below the usual 1.5; short-term debt: 58.6% and cash: 11.3% of total assets), and 62.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 49% on solvency, 33% on liquidity and 76% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Profit of €2.2m (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €23.1m, 141.1 FTE, total assets €18.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2025
47 days early
2024
45 days early
2023
44 days early
2022
34 days early
2021
41 days early
2020
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Amendment of the articlesShare issue · Capital ·…
  3. Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Peter Vandewalle ·…

Financials · financial year 2025, full format

Turnover
€23.1m▼ 34.3%
2025 · €35.2m
EBIT margin
6.8%▲ 0.1pp
2025 · 6.7%
Net result
€2.2m▼ 28.2%
2025 · €3.0m
Working capital
€4.9m▲ 8.6%
2025 · €4.6m
Trend over the years

2022 to 2025, 5 financial years 2019 to 2025, 8 financial years

Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€23.1m 2025 Operating result€1.6m 2025 Net result€2.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252025
Turnover€19.9m-€19.9m▲ 0.2%€20.9m▲ 4.9%€22.5m▲ 7.4%€28.2m▲ 25.4%€27.4m▼ 2.7%€35.2m▲ 28.2%€23.1m-
Operating result€1.7m-€2.3m▲ 36.1%€1.8m▼ 21.7%€2.6m▲ 47.1%€2.3m▼ 11.8%€1.5m▼ 35.2%€2.4m▲ 57.5%€1.6m-
Net result€1.7m-€2.0m▲ 19.4%€2.0mabove the sector's middle half▼ 2.0%€2.5mabove the sector's middle half▲ 28.5%€2.7mabove the sector's middle half▲ 5.5%€2.0mabove the sector's middle half▼ 25.7%€3.0mabove the sector's middle half▲ 52.8%€2.2mabove the sector's middle half-
EBIT margin8.5%-11.5%▲ 3.0pp8.6%▼ 2.9pp11.7%▲ 3.2pp8.2%▼ 3.5pp5.5%▼ 2.8pp6.7%▲ 1.3pp6.8%-
Equity€3.5m-€3.7m▲ 4.8%€4.0mabove the sector's middle half▲ 8.1%€4.6mabove the sector's middle half▲ 15.1%€5.3mabove the sector's middle half▲ 15.1%€5.4mabove the sector's middle half▲ 1.7%€6.1mabove the sector's middle half▲ 13.8%€6.8mabove the sector's middle half-
Total assets€12.7m-€11.0m▼ 13.5%€13.4mabove the sector's middle half▲ 21.6%€17.6mabove the sector's middle half▲ 31.7%€15.9mabove the sector's middle half▼ 9.8%€16.4mabove the sector's middle half▲ 3.0%€18.3mabove the sector's middle half▲ 11.7%€18.3mabove the sector's middle half-
Debt€9.2m-€7.3m▼ 20.6%€8.8m▲ 20.6%€13.0m▲ 47.8%€10.6m▼ 18.6%€11.0m▲ 3.6%€12.1m▲ 10.6%€11.3m-
Working capital€2.4m-€2.6m▲ 7.9%€3.5mabove the sector's middle half▲ 36.0%€3.6mabove the sector's middle half▲ 4.1%€4.3mabove the sector's middle half▲ 17.3%€3.8mabove the sector's middle half▼ 10.3%€4.6mabove the sector's middle half▲ 18.7%€4.9mabove the sector's middle half-
Solvency27.8%-33.6%▲ 5.9pp29.9%within the sector's middle half▼ 3.7pp26.1%within the sector's middle half▼ 3.8pp33.3%within the sector's middle half▲ 7.2pp32.9%within the sector's middle half▼ 0.4pp33.6%within the sector's middle half▲ 0.6pp37.3%within the sector's middle half-
Current ratio1.27-1.37▲ 0.101.42within the sector's middle half▲ 0.051.29within the sector's middle half▼ 0.131.44within the sector's middle half▲ 0.141.37within the sector's middle half▼ 0.071.40within the sector's middle half▲ 0.031.46within the sector's middle half-
Return on assets (ROA)13.3%-18.3%▲ 5.1pp14.8%above the sector's middle half▼ 3.6pp14.4%above the sector's middle half▼ 0.4pp16.9%above the sector's middle half▲ 2.4pp12.2%within the sector's middle half▼ 4.7pp16.6%above the sector's middle half▲ 4.5pp11.9%within the sector's middle half-
Staff (FTE)113.4-118.6▲ 4.6%125.7above the sector's middle half▲ 6.0%134.9above the sector's middle half▲ 7.3%146above the sector's middle half▲ 8.2%138.9above the sector's middle half▼ 4.9%137above the sector's middle half▼ 1.4%141.1above the sector's middle half-
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €18.3m
Fixed assets €2.6m ▲ 10.1%
Current assets €15.7m ▼ 1.5%
Equity and liabilities €18.3m
Equity €6.8m ▲ 11.3%
Provisions €150,000
Debt €11.3m ▼ 6.9%
Debt's share of the balance-sheet total falls from 66.4% to 61.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2025
EBITDA
€2.1m▼
2025 · €3.0m
Cash flow
€2.7m▼
2025 · €3.7m
Quick ratio
1.34▲
2025 · 1.28
Debt to equity
1.66▼
2025 · 1.98
ROE
32.0%▼
2025 · 49.6%
Interest coverage
74.44▲
2025 · 70.04
Debt ≤ 1 year
€10.7m▼
2025 · €11.3m
Debt > 1 year
€583,912▲
2025 · €512,813
Income taxes
€417,861▼
2025 · €634,823
Staff costs
€8.9m▼
2025 · €12.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,579 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 96.7% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
96.7% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,579 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
Filed annual accounts As filed with the NBB · 2025 against 2025 · 84 lines
Balance sheet Code20252025
Assets
Total assets20/58€18.3m€18.3m=
Fixed assets21/28€2.4m€2.6m▲
Intangible fixed assets21€0.2m€0.1m▼
Tangible fixed assets22/27€1.4m€1.6m▲
Plant, machinery and equipment23€0.2m€0.3m▲
Furniture and vehicles24€1.0m€1.2m▲
Other tangible fixed assets26€0.2m€0.2m▼
Financial fixed assets28€0.8m€0.8m▲
Affiliated companies280/1€0.7m€0.7m▲
Participating interests280€0.4m€0.4m=
Amounts receivable281€0.3m€0.3m▲
Other financial fixed assets284/8€0.1m€0.1m=
Amounts receivable and cash guarantees285/8€0.1m€0.1m=
Current assets29/58€15.9m€15.7m▼
Stocks and contracts in progress3€1.3m€1.3m▼
Contracts in progress37€1.3m€1.3m▼
Amounts receivable within one year40/41€10.5m€11.6m▲
Trade receivables40€9.7m€9.4m▼
Other amounts receivable41€0.9m€2.3m▲
Current investments50/53€1.3m-
Other investments51/53€1.3m-
Cash at bank and in hand54/58€2.1m€2.1m▼
Deferred charges and accrued income490/1€0.6m€0.7m▲
Equity and liabilities
Total equity and liabilities10/49€18.3m€18.3m=
Equity10/15€6.1m€6.8m▲
Contributions10/11€2.9m€3.3m▲
Reserves13€1.2m€1.2m▼
Tax-exempt reserves132€0.002m€0.002m=
Distributable reserves133€1.2m€1.2m▼
Profit (loss) carried forward14€2.0m€2.4m▲
Provisions and deferred taxes16-€0.2m
Provisions for liabilities and charges160/5-€0.2m
Other liabilities and charges164/5-€0.2m
Amounts payable17/49€12.1m€11.3m▼
Amounts payable after more than one year17€0.5m€0.6m▲
Financial debts170/4€0.5m€0.6m▲
Credit institutions173€0.5m€0.6m▲
Amounts payable within one year42/48€11.3m€10.7m▼
Current portion of amounts payable after more than one year42€0.4m€0.4m▲
Financial debts43-€0.3m
Credit institutions430/8-€0.3m
Trade debts44€5.1m€4.7m▼
Suppliers440/4€5.1m€4.7m▼
Advances received on contracts in progress46€0.9m€1.3m▲
Taxes, remuneration and social security45€2.4m€2.2m▼
Taxes450/3€0.2m-
Remuneration and social security454/9€2.2m€2.2m▼
Other amounts payable47/48€2.5m€1.8m▼
Accrued charges and deferred income492/3€0.3m€0.003m▼
Income statement Code20252025
Operating income70/76A€35.0m€25.6m▼
Turnover70€35.2m€23.1m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€2.1m€0.7m▲
Other operating income74€1.8m€1.7m▼
Non-recurring operating income76A€0.2m€0.1m▼
Operating charges60/66A€32.6m€24.0m▼
Goods for resale, raw materials and consumables60€7.1m€5.0m▼
Purchases600/8€7.1m€5.0m▼
Services and other goods61€12.4m€9.3m▼
Remuneration, social security and pensions62€12.4m€8.9m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.7m€0.5m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.001m€0.01m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.2m
Other operating charges640/8€0.1m€0.09m▼
Non-recurring operating charges66A€0.001m-
Operating profit (loss)9901€2.4m€1.6m▼
Financial income75/76B€1.7m€1.4m▼
Recurring financial income75€1.7m€1.4m▼
Income from financial fixed assets750€1.7m€1.3m▼
Other financial income752/9€0.05m€0.09m▲
Financial charges65/66B€0.4m€0.3m▼
Recurring financial charges65€0.4m€0.3m▼
Debt charges650€0.04m€0.03m▼
Other financial charges652/9€0.4m€0.3m▼
Profit (loss) for the period before taxes9903€3.7m€2.6m▼
Income taxes67/77€0.6m€0.4m▼
Taxes670/3€0.6m€0.4m▼
Profit (loss) for the period9904€3.0m€2.2m▼
Profit (loss) for the period to be appropriated9905€3.0m€2.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.6m€4.2m▼
Profit (loss) brought forward from the previous period14P€1.5m€2.0m▲
Profit to be distributed694/7€2.5m€1.8m▼
Return on contributions (dividend)694€2.1m€1.5m▼
Employees696€0.4m€0.3m▼
Social balance sheet
Average headcount (FTE)9087137.0141.1▲

The notes to these accounts (76 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252025Change
Operating income70/76A---€28.4m€29.9m€30.8m€35.0m€25.6m-
Turnover70€19.9m€19.9m€20.9m€22.5m€28.2m€27.4m€35.2m€23.1m-
Change in stocks of work in progress, finished goods and contracts in progress71---€4.1m€0.2m€1.5m-€2.1m€0.7m-
Other operating income74---€1.7m€1.4m€1.7m€1.8m€1.7m-
Non-recurring operating income76A---€0.05m€0.1m€0.2m€0.2m€0.1m-
Operating charges60/66A---€25.8m€27.6m€29.3m€32.6m€24.0m-
Goods for resale, raw materials and consumables60---€6.9m€4.5m€4.7m€7.1m€5.0m-
Purchases600/8---€6.9m€4.5m€4.7m€7.1m€5.0m-
Services and other goods61---€6.7m€8.8m€11.5m€12.4m€9.3m-
Remuneration, social security and pensions62---€12.1m€13.6m€12.3m€12.4m€8.9m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m€0.6m€0.5m€0.6m€0.6m€0.7m€0.5m-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.001m€0.01m-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.6m---€0.2m-
Other operating charges640/8---€0.1m€0.09m€0.1m€0.1m€0.09m-
Non-recurring operating charges66A-----€0.04m€0.001m--
Operating profit (loss)9901€1.7m€2.3m€1.8m€2.6m€2.3m€1.5m€2.4m€1.6m-
Financial income75/76B---€1.1m€1.3m€1.2m€1.7m€1.4m-
Recurring financial income75€0.8m€0.8m€1.0m€1.1m€1.3m€1.2m€1.7m€1.4m-
Income from financial fixed assets750---€1.1m€1.3m€1.2m€1.7m€1.3m-
Income from current assets751-----€0---
Other financial income752/9---€0.03m€0.002m€0.01m€0.05m€0.09m-
Financial charges65/66B---€0.6m€0.3m€0.3m€0.4m€0.3m-
Recurring financial charges65€0.3m€0.3m€0.4m€0.6m€0.3m€0.3m€0.4m€0.3m-
Debt charges650€0.006m€0.005m€0.007m€0.01m€0.02m€0.02m€0.04m€0.03m-
Other financial charges652/9---€0.6m€0.2m€0.3m€0.4m€0.3m-
Profit (loss) for the period before taxes9903€2.2m€2.7m€2.4m€3.1m€3.3m€2.5m€3.7m€2.6m-
Income taxes67/77€0.5m€0.7m€0.4m€0.6m€0.6m€0.5m€0.6m€0.4m-
Taxes670/3---€0.6m€0.6m€0.5m€0.6m€0.4m-
Tax adjustments and reversals of tax provisions77----€0.003m----
Profit (loss) for the period9904€1.7m€2.0m€2.0m€2.5m€2.7m€2.0m€3.0m€2.2m-
Profit (loss) for the period to be appropriated9905€1.7m€2.0m€2.0m€2.5m€2.7m€2.0m€3.0m€2.2m-
Line20192020202120222023202420252025Change
Assets
Total assets20/58€12.7m€11.0m€13.4m€17.6m€15.9m€16.4m€18.3m€18.3m-
Fixed assets21/28€1.5m€1.4m€1.5m€1.6m€1.8m€2.2m€2.4m€2.6m-
Intangible fixed assets21€0.2m€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m€0.1m-
Tangible fixed assets22/27€1.0m€0.9m€0.9m€1.0m€1.2m€1.5m€1.4m€1.6m-
Plant, machinery and equipment23---€0.1m€0.1m€0.1m€0.2m€0.3m-
Furniture and vehicles24---€0.8m€0.9m€1.1m€1.0m€1.2m-
Other tangible fixed assets26---€0.1m€0.1m€0.3m€0.2m€0.2m-
Financial fixed assets28€0.2m€0.2m€0.4m€0.4m€0.4m€0.5m€0.8m€0.8m-
Affiliated companies280/1---€0.3m€0.3m€0.4m€0.7m€0.7m-
Participating interests280---€0.2m€0.2m€0.3m€0.4m€0.4m-
Amounts receivable281---€0.1m€0.2m€0.1m€0.3m€0.3m-
Other financial fixed assets284/8---€0.08m€0.08m€0.1m€0.1m€0.1m-
Amounts receivable and cash guarantees285/8---€0.08m€0.08m€0.1m€0.1m€0.1m-
Current assets29/58€11.3m€9.6m€11.8m€16.0m€14.1m€14.2m€15.9m€15.7m-
Stocks and contracts in progress3€2.7m€1.6m€1.7m€5.9m€2.0m€2.3m€1.3m€1.3m-
Contracts in progress37---€5.9m€2.0m€2.3m€1.3m€1.3m-
Amounts receivable within one year40/41€7.8m€5.7m€7.9m€8.7m€8.8m€10.1m€10.5m€11.6m-
Trade receivables40---€7.8m€8.3m€9.0m€9.7m€9.4m-
Other amounts receivable41---€0.9m€0.5m€1.2m€0.9m€2.3m-
Current investments50/53€0.03m€0.03m----€1.3m--
Other investments51/53------€1.3m--
Cash at bank and in hand54/58€0.7m€2.1m€2.1m€1.3m€2.8m€1.4m€2.1m€2.1m-
Deferred charges and accrued income490/1---€0.2m€0.5m€0.3m€0.6m€0.7m-
Equity and liabilities
Total equity and liabilities10/49€12.7m€11.0m€13.4m€17.6m€15.9m€16.4m€18.3m€18.3m-
Equity10/15€3.5m€3.7m€4.0m€4.6m€5.3m€5.4m€6.1m€6.8m-
Contributions10/11€1.7m€1.8m-€2.2m€2.4m€2.6m€2.9m€3.3m-
Reserves13€0.2m€0.2m€1.6m€1.3m€1.3m€1.2m€1.2m€1.2m-
Tax-exempt reserves132---€0.002m€0.002m€0.002m€0.002m€0.002m-
Distributable reserves133---€1.3m€1.3m€1.2m€1.2m€1.2m-
Profit (loss) carried forward14€1.7m€1.8m€0.5m€1.1m€1.6m€1.5m€2.0m€2.4m-
Provisions and deferred taxes16--€0.6m----€0.2m-
Provisions for liabilities and charges160/5-------€0.2m-
Other liabilities and charges164/5-------€0.2m-
Amounts payable17/49€9.2m€7.3m€8.8m€13.0m€10.6m€11.0m€12.1m€11.3m-
Amounts payable after more than one year17€0.3m€0.3m€0.4m€0.4m€0.5m€0.6m€0.5m€0.6m-
Financial debts170/4---€0.4m€0.5m€0.6m€0.5m€0.6m-
Credit institutions173---€0.4m€0.5m€0.6m€0.5m€0.6m-
Amounts payable within one year42/48€8.9m€7.0m€8.3m€12.4m€9.8m€10.3m€11.3m€10.7m-
Current portion of amounts payable after more than one year42---€0.3m€0.3m€0.4m€0.4m€0.4m-
Financial debts43---€0.001m---€0.3m-
Credit institutions430/8---€0.001m---€0.3m-
Trade debts44€1.8m€1.2m€1.4m€2.7m€3.8m€4.8m€5.1m€4.7m-
Suppliers440/4---€2.7m€3.8m€4.8m€5.1m€4.7m-
Advances received on contracts in progress46---€5.2m€1.1m€0.8m€0.9m€1.3m-
Taxes, remuneration and social security45---€2.0m€2.4m€2.2m€2.4m€2.2m-
Taxes450/3---€0.08m€0.1m-€0.2m--
Remuneration and social security454/9---€1.9m€2.2m€2.2m€2.2m€2.2m-
Other amounts payable47/48---€2.2m€2.2m€2.1m€2.5m€1.8m-
Accrued charges and deferred income492/3---€0.3m€0.3m€0.007m€0.3m€0.003m-
Line20192020202120222023202420252025Change
Profit (loss) for the period9904€1.7m€2.0m€2.0m€2.5m€2.7m€2.0m€3.0m€2.2m-
+ Depreciation and write-downs630€0.5m€0.5m€0.6m€0.5m€0.6m€0.6m€0.7m€0.5m-
Operating cash flow (approximation)€2.2m€2.5m€2.6m€3.1m€3.3m€2.6m€3.7m€2.7m-
Investment in fixed assets (approximation)--€0.5m-€0.7m-€0.6m-€0.8m-€1.0m-€0.9m--
Change in cash-€1.4m€0.01m-€0.8m€1.5m-€1.3m€0.7m--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 39 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 11-08-2026 2026-00398762
30-04-2025 full format 14-10-2025 2025-00544967
30-04-2024 full format 16-10-2024 2024-00509535
30-04-2023 full format 17-10-2023 2023-00488217
30-04-2022 full format 27-10-2022 2022-20484954
30-04-2021 full format 20-10-2021 2021-72800202
30-04-2020 full format 02-11-2020 2020-68200267
30-04-2019 full format 14-10-2019 2019-70600051
30-04-2018 full format 23-10-2018 2018-70100125
30-04-2017 full format 09-11-2017 2017-69600250

Show all 39 filings

Similar companies · same sector, comparable size

Of the 11,533 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,790. 1,020 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €93,927 awarded · €35,427 paid
Year Entries AwardedPaid
2025 1 €63,000€4,500
2024 1 €9,372€9,372
2023 1 €12,865€12,865
2022 1 €8,690€8,690
Schemes
1 entry · €63,000 · €4,500 paid · Vlaams Agentschap voor Internationaal Ondernemen
3 entries · €30,927 · €30,927 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2024
This board is reconstructed from a single act (24047201). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

ADACON SOLUTIONS
Director · since 01-04-2023 · Private limited company · permanent representative: Tony Coninx
Current
Elluma Consulting
Director · since 01-04-2023 · Private limited company · permanent representative: Luc Van Mieghem
Current
H11MS
Director · since 01-04-2023 · Limited partnership · permanent representative: Patrick De Pryck
Current
H11MS CommV
Director · since 19-03-2024 · Legal entity · from a recent deed
Current

Day-to-day management 2

H11MS
Managing director · since 01-04-2023 · Limited partnership · permanent representative: Patrick De Pryck
Current
H11MS CommV
Managing director · since 19-03-2024 · Legal entity · from a recent deed
Current

Permanent representatives 3

Luc Van Mieghem
Permanent representative · since 01-04-2023 · for Elluma Consulting
Current
Patrick De Pryck
Permanent representative · since 01-04-2023 · for H11MS
Current
Tony Coninx
Permanent representative · since 01-04-2023 · for ADACON SOLUTIONS
Current

Statutory auditor 1

VGD Bedrijfsrevisoren
Statutory auditor · since 14-02-2023 · permanent representative: Peter Vandewalle
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
12 of this company's 20 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

8 people since 2023, 5 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ADACON SOLUTIONS
  • Director, from 01-04-2023 to date
Elluma Consulting
  • Director, from 01-04-2023 to date
H11MS
  • Director, from 01-04-2023 to date
  • Managing director, from 01-04-2023 to date
H11MS CommVfrom an act
  • Director, from 19-03-2024 to date
  • Managing director, from 19-03-2024 to date
VGD Bedrijfsrevisoren
  • Statutory auditor, from 14-02-2023 to date
Luc Van Mieghem
  • Director, until 19-03-2024
Patrick De Pryck
  • Director, until 19-03-2024
  • Managing director, until 19-03-2024
Tony Coninx
  • Director, until 19-03-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 16-02-2026 ↗
  • CONTEC Partners 175 shares

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-02-2026 Capital stated in the deed · €447,000 · as available equity

Group and network

Holdings and subsidiaries

5 holdings

Holdings 5

Source for every holding own accounts 2025

  • Contec AutomationROsubsidiary
    Equity RON 13.2mResult RON 4.1m
    100%
  • Contec FranceFRsubsidiary
    Equity €970,942Result €549,075
    100%
  • Contec IAS UKGBsubsidiary
    Equity GBP 335,913Result -GBP 34,216
    100%
  • Contec IAS USA Inc.USsubsidiary
    Equity USD 107,246Result -USD 17,754
    100%
  • Contec PolandPLsubsidiary
    Equity PLN 3.0mResult PLN 1.5m
    100%

According to the 2025 annual accounts of CONTEC and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

4 current directors
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

CONTEC was incorporated on 3 January 1986.1 Turnover grew from €19.9m in 2019 to €23.1m in 2025 and headcount from 113 to 141 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

2026
11-08
NBB filing Annual accounts filed
financial year 2025 · full format · 11 days late
16-02
Gazette deed Amendment of the articles
Share issue · Capital · Shareholding5 facts ▸
  • Share issue, “B”, 2025-01-01/2025-12-31 (deed in Dutch)
  • Capital, €447,000
  • Shareholding, “B, exit” (deed in Dutch)
  • Capital, €117,466.80
  • Amendment of the articles, 6
2025
09-12
Gazette deed Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Peter Vandewalle · Amendment of the articles4 facts ▸
  • Amendment of the articles, 33
  • Amendment of the articles, 25
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Peter Vandewalle
14-10
NBB filing Annual accounts filed
financial year 2025 · full format
23-05
Gazette deed Amendment of the articles
Share issue · Share cancellation3 facts ▸
  • Share issue, “B”, 397 (deed in Dutch)
  • Share cancellation, “B”, 180 (deed in Dutch)
  • Amendment of the articles, 6
30-04
Financial Highest result from 2019 to 2025net €3.0m ▲52.8%
Net result €3.0m, the highest in the series.
2024
16-10
NBB filing Annual accounts filed
financial year 2024 · full format
30-05
Gazette deed Capital & shares · Amendment of the articles
Share issue · Share cancellation3 facts ▸
  • Share issue, “B”, 397 (deed in Dutch)
  • Share cancellation, “B”, 291 (deed in Dutch)
  • Amendment of the articles, 6
19-03
Gazette deed Resignations: Patrick De Pryck, Tony Coninx and Luc Van Mieghem
Appointments: H11MS CommV, ADACON Solutions BV and Elluma Consulting BV · Permanent representatives: Patrick De Pryck, Tony Coninx and Luc Van Mieghem · Power of attorney17 facts ▸
  • General meeting, 13-10-2023
  • Director in office, Gratiaan Top (director)
  • Director in office, Wim Vandendriessche (director)
  • Director resignation, Patrick De Pryck (director)
  • Director resignation, Tony Coninx (director)
  • Director resignation, Luc Van Mieghem (director)
  • Director appointment, H11MS CommV (director)
  • Director appointment, ADACON Solutions BV (director)
  • Director appointment, Elluma Consulting BV (director)
  • Permanent representative, Patrick De Pryck
  • Permanent representative, Tony Coninx
  • Permanent representative, Luc Van Mieghem
  • +5 further facts in this act
2023
17-10
NBB filing Annual accounts filed
financial year 2023 · full format
24-05
Gazette deed Capital & shares · Amendment of the articles · Miscellaneous
Share issue · Bank account · Share cancellation7 facts ▸
  • General meeting, 21-10-2021
  • Share issue, “B”, 362 (deed in Dutch)
  • Other provision, “beschikbaar eigen vermogen verhoging”, 291048 (deed in Dutch)
  • Bank account, “bestuursorgaan, Vennootschap” (deed in Dutch)
  • Share cancellation, “B”, 183 (deed in Dutch)
  • Other provision, “beschikbaar eigen vermogen vermindering”, 125436 (deed in Dutch)
  • Amendment of the articles, 6
30-04
Financial Equity above €5mequity €5.3m ▲15.1%
A profit in every financial year since 2019 builds equity to €5.3m.
Show earlier events
14-02
Gazette deed Reappointment: VGD Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Peter Vandewalle3 facts ▸
  • General meeting, 14-10-2022
  • Auditor reappointment, VGD Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Peter Vandewalle
2022
27-10
NBB filing Annual accounts filed
financial year 2022 · full format
30-09
Gazette deed Capital & shares · Amendment of the articles
Share issue · Share cancellation4 facts ▸
  • Other provision, “optreden voor rekening van kantoor” (deed in Dutch)
  • Share issue, “B”, 373 (deed in Dutch)
  • Share cancellation, “B”, 86 (deed in Dutch)
  • Amendment of the articles, 6
2021
20-10
NBB filing Annual accounts filed
financial year 2021 · full format
2020
02-11
NBB filing Annual accounts filed
financial year 2020 · full format
2019
14-10
NBB filing Annual accounts filed
financial year 2019 · full format
2018
23-10
NBB filing Annual accounts filed
financial year 2018 · full format
2017
09-11
NBB filing Annual accounts filed
financial year 2017 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 39 annual accounts filed, the latest 10 are here; all 39 are under Financials.
8 of 20 deeds read
About the unread acts

Of the 20 Belgian Official Gazette deeds we know for this company, 8 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded03-01-1986
Financial year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0428162453
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 3 establishment units since 1986
registered office establishment All 3 establishment units on the map
Ground area
3.2 ha
Building footprint
7,775 m²
Building volume
106,470 m³
3 parcels, Flanders · tallest building 24.3 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
3 establishment units
CONTEC
Noorderlaan 125, 2030 AntwerpenEngineering and related technical consultancy, excluding land surveyors
since 1986unit no. 2.028.505.669
CONTEC
Spinnerijstraat(Kor) 99, 8500 KortrijkEngineering and related technical consultancy, excluding land surveyors
since 1990unit no. 2.142.899.155
CONTEC
Kempische steenweg 305, 3500 HasseltEngineering and related technical consultancy, excluding land surveyors
since 2019unit no. 2.288.357.088
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
34353B0282/00N000 Flanders 2.4 ha 1 · 3,456 m² 24.2 m · 5
11807G1688/00D000 Flanders 6,845 m² 1 · 2,820 m² 13.2 m · 4
71322A0540/00E002 Flanders 1,801 m² 1 · 1,499 m² 21.4 m · 5
How the parcels are linked
Good to know
All 3 parcels match the address exactly.

Articles of association

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of June at 19:00

Read from the deeds: 1 provision, deed of 09-12-2025