Equity
€192,784 from €714,440 in 2021
Equity fell by 73% in 4 years.
CONTESSE
Overview
Lifetime
17 annual accounts with figures on one time axispeak €505,330 (2013)
€4,791▲ €28,015
lowest -€205,380 (2024)
-€111,190▲ €94,191
peak €714,440 (2021)
€192,784▼ 36.6%
€251,886▼ 53.4%
peak 3 FTE (2012)
0.8 FTE▼ 55.6%
Board3 names since 2020
3 directorsKotil Nihat and 2 others
Documentsfilings and deeds
16-06-202645 days before the deadline
2025financial year
Gross margin from -€23,225 to €4,791Loss of €111,190Staff from 1.8 FTE to 0.8 FTERegistered office moved from Nazareth-De Pinte to Ghent 16-10Equity from €303,974 to €192,784Debts from €540,567 to €251,886
Key points
from the 2025 annual accountsLosses
-€521,655 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Staff
1 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Filings
17 annual accounts since 2009
The 2016 accounts came 29 days late. The other nine of the last ten were filed on time.
At the same address
120 companies
Position in the sector
-€111,190
Lower net result than 87% of companies in wholesale trade. Sector median €110,270 · 6,125 companies.
Checked score
54
Fair
Financially stronger than 23% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.3 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 1.0%▲ +0.4 percentage points vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026
07-2026: 1.6%▲ +0.4 percentage points vs 06-2026highest value
08-2026: 1.6%● unchanged vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026highest value
10-2026: 1.6%● unchanged vs 09-2026highest value
11-2026: 1.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €111,190, the second in a row (financial year 2025)
1 change of registered office in 24 months
Liquidity: current ratio 1.77, cash €8,081, halved
lowers risk
Figures for financial year 2025 (filed on 16-06-2026)
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 46, micro). It does better than 52% of them on solvency, 21% on liquidity, 6% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as CONTESSE has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONTESSE itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 4,805 companies, not a prediction for CONTESSE. 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
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.77 (1.55 in 2024), above the usual 1.5. Short-term debt is 56.6% and cash 1.8% of total assets. However, 56.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€111,190
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
35 days early
2023
15 days early
2022
on the day
2021
34 days early
2020
18 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899257997
Registered office moved from Nazareth-De Pinte to Ghent
New registered office: Coupure Rechts 88, 9000 Gent · Previous registered office: Tulpenstraat 8, 9810 Nazareth-De Pinte · Registered office clause: Tulpenstraat 8, 9810 Nazareth-De Pinte · Board meeting of 11-08-2025 · Gazette deed
Amendment of the articles · Resignations & appointments
General meeting of 28-12-2023 · Gazette deed
3 directors reappointed
The Hamptons BV (managing director), Kotil Nihat and Stone Harlan Morgan · Permanent representative: Karl Meerschman · General meeting of 29-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONTESSE Ghent | €444,671 | €4,791 | 43.4% | 0.8 |
| BrickZ Oudenaarde | €602,086 | -€48,159 | 88.8% | 1 |
| V.S. COMPANY Zottegem | €684,227 | €4,460 | 8.2% | - |
| ISERA Merelbeke | €277,261 | €9,343 | 90.9% | - |
| Firma A. D'Hondt Destelbergen | €357,120 | -€62,754 | -301.6% | 0 |
| ALLPOOL Temse | €212,970 | €10,405 | 98.2% | - |
| DCIG Waasmunster | €259,756 | €14,285 | 56.4% | - |
These companies have the same main activity as CONTESSE: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €213,000 and €684,000, founded between 2001 and 2014.
Official details
Source: KBO- Status
- Active since 14-07-2008Normal situation
- Registered office
- 121 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Agents in the wholesale of timber and building materialsNACE 46130and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.172.289.6609000 Ghent, since 08-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Annual accounts 2025
- €4,791
- ≈ €29,000estimated
- €111,190▼ 45.9%
- €192,784▼ 36.6%
- €444,671▼ 47.3%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on CONTESSE
CONTESSE has existed since 2008. The gross margin fell from €505,330 in 2013 to €6,106 in 2016, while staff rose from 1.7 to 2.2 full-time equivalents.
Solvency rose in 2025 from 36.0% to 43.4% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 16-06-2026, 45 days before the deadline€4,791
▲ €28,015
-€94,796
▲ €52,337
-€111,190
▲ €94,191
€192,784
▼ 35.0%
43.4%
▲ 7.4 percentage points
1.77
▲ 0.22
The turnover shown is an estimate from the gross margin.
Turnover ≈ €29,000. Estimated: probably between €15,000 and €90,000.
Balance sheet
balance sheet total €444,671 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
43.4%
Higher than 48% of 6,192 companies in 2025.
1.77
Higher than 50% of 6,112 companies in 2025.
-25.0%
Lower than 95% of 6,176 companies in 2025.
CONTESSE
Middle half of the sector
80% of the sector
Full accounts in wholesale trade (NACE 46)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff
€68,562
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2025, nobody joined and 1 person left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
444,671 | 844,541 | 1.2m | 1.3m | 1.2m | 1.7m | 2.4m | 2.2m | 1.4m | 1.6m | 1.4m | 1.6m | 1.5m | 1.5m | 2.0m | 837,952 | 371,729 | |
21/28 |
0 | 7,461 | 7,461 | 7,934 | 8,419 | 9,320 | 10,665 | 9,976 | 12,728 | 35,598 | 25,842 | 30,589 | 38,600 | 32,993 | 7,704 | 6,931 | 4,096 | |
21 |
- | - | - | - | - | - | - | - | 964 | 1,928 | 2,892 | 3,856 | - | - | - | - | - | |
22/27 |
- | - | 0 | 473 | 958 | 1,858 | 3,203 | 2,514 | 7,264 | 9,170 | 18,450 | 22,233 | 34,100 | 17,110 | 5,905 | 5,132 | 2,298 | |
23 |
- | - | - | 0 | 12 | 182 | 796 | 1,411 | 2,025 | 2,744 | 4,801 | 7,347 | 9,325 | 264 | 987 | - | - | |
24 |
- | - | 0 | 473 | 946 | 1,676 | 2,407 | 1,103 | 5,239 | 6,425 | 13,649 | 14,886 | 24,776 | 16,845 | 4,918 | 5,132 | 2,298 | |
28 |
0 | 7,461 | 7,461 | 7,461 | 7,461 | 7,461 | 7,461 | 7,461 | 4,500 | 24,500 | 4,500 | 4,500 | 4,500 | 15,883 | 1,798 | 1,798 | 1,798 | |
29/58 |
444,671 | 837,080 | 1.1m | 1.3m | 1.2m | 1.7m | 2.4m | 2.2m | 1.4m | 1.5m | 1.4m | 1.5m | 1.5m | 1.5m | 2.0m | 831,022 | 367,633 | |
3 |
303,300 | 523,125 | 684,684 | 695,571 | 737,325 | 681,716 | 1.2m | 1.2m | 760,224 | 727,039 | 488,581 | 636,383 | 467,353 | 576,771 | 846,130 | 233,759 | 87,916 | |
30/36 |
303,300 | 523,125 | 684,684 | 695,571 | 737,325 | 681,716 | 1.2m | 1.2m | 760,224 | 727,039 | 479,228 | 563,836 | 437,640 | 575,235 | 599,249 | 233,759 | 87,916 | |
37 |
- | - | - | - | - | 0 | 12,484 | - | - | - | 9,353 | 72,546 | 29,713 | 1,536 | 246,881 | - | - | |
40/41 |
133,289 | 164,960 | 356,508 | 410,090 | 295,528 | 811,468 | 1.2m | 906,581 | 572,281 | 570,717 | 660,251 | 661,029 | 564,531 | 709,756 | 845,528 | 397,679 | 201,423 | |
40 |
112,886 | 141,789 | 317,287 | 361,874 | 245,986 | 735,147 | 1.1m | 848,796 | 500,118 | 462,407 | 501,053 | 644,761 | 561,575 | 634,217 | 796,452 | 376,254 | 179,861 | |
41 |
20,403 | 23,170 | 39,221 | 48,217 | 49,542 | 76,322 | 97,088 | 57,786 | 72,163 | 108,310 | 159,198 | 16,268 | 2,956 | 75,539 | 49,075 | 21,425 | 21,562 | |
54/58 |
8,081 | 148,995 | 101,004 | 205,261 | 158,518 | 178,338 | 50,874 | 73,182 | 41,870 | 173,578 | 252,488 | 225,636 | 463,962 | 176,295 | 312,459 | 198,570 | 70,315 | |
490/1 |
- | 0 | 512 | 0 | 12,447 | - | - | - | 7,629 | 58,431 | 18,139 | 625 | 625 | 1,805 | 9,790 | 1,014 | 7,978 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
444,671 | 844,541 | 1.2m | 1.3m | 1.2m | 1.7m | 2.4m | 2.2m | 1.4m | 1.6m | 1.4m | 1.6m | 1.5m | 1.5m | 2.0m | 837,952 | 371,729 | |
10/15 |
192,784 | 303,974 | 509,354 | 568,845 | 714,440 | 666,775 | 522,107 | 406,325 | 309,468 | 498,115 | 630,368 | 597,031 | 451,568 | 266,210 | 333,808 | 156,742 | 87,424 | |
10/11 |
184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 75,000 | 75,000 | 75,000 | 75,000 | |
10 |
184,800 | 184,800 | 184,800 | 184,800 | 184,800 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 184,800 | 75,000 | 75,000 | 75,000 | 75,000 | |
13 |
18,480 | 119,174 | 324,554 | 384,045 | 529,640 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 19,561 | 17,500 | 14,087 | 10,621 | |
130/1 |
18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 18,480 | 9,561 | 7,500 | 4,087 | 621 | |
133 |
0 | 100,694 | 306,074 | 365,565 | 511,160 | - | - | - | - | - | - | - | - | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
-10,496 | - | - | - | 0 | 463,495 | 318,827 | 203,045 | 106,188 | 294,835 | 427,088 | 393,751 | 248,288 | 171,650 | 241,308 | 67,655 | 1,803 | |
17/49 |
251,886 | 540,567 | 640,815 | 750,012 | 497,798 | 1.0m | 1.9m | 1.8m | 1.1m | 1.1m | 814,933 | 957,230 | 1.1m | 1.2m | 1.7m | 681,210 | 284,305 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | 70,274 | 158,102 | 128,341 | 152,076 | - | - | |
175 |
- | - | - | - | - | - | - | - | - | - | - | 70,274 | 158,102 | 128,341 | 152,076 | - | - | |
42/48 |
251,886 | 540,567 | 640,815 | 750,012 | 482,502 | 1.0m | 1.9m | 1.8m | 1.1m | 1.1m | 814,933 | 882,519 | 896,221 | 1.1m | 1.5m | 677,802 | 264,563 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | 59,882 | 112,420 | 470,488 | - | - | |
43 |
181,225 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 300,000 | 300,000 | 250,000 | 175,000 | 300,000 | 175,000 | 340,000 | 375,000 | 250,000 | 75,011 | |
430/8 |
181,225 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 300,000 | 300,000 | 250,000 | 175,000 | 300,000 | 175,000 | 340,000 | 375,000 | 250,000 | 75,011 | |
44 |
61,283 | 165,377 | 252,898 | 362,307 | 120,372 | 652,915 | 1.5m | 1.5m | 774,521 | 774,937 | 605,466 | 535,552 | 583,206 | 591,723 | 588,262 | 398,975 | 185,550 | |
440/4 |
61,283 | 165,377 | 252,898 | 362,307 | 120,372 | 652,915 | 1.5m | 1.5m | 774,521 | 774,937 | 605,466 | 535,552 | 583,206 | 591,723 | 588,262 | 398,975 | 185,550 | |
45 |
9,378 | 25,190 | 37,916 | 37,705 | 12,129 | 11,151 | 11,846 | 10,649 | 10,742 | 41,480 | 33,448 | 46,447 | 62,637 | 25,864 | 70,476 | 25,422 | 2,981 | |
450/3 |
2,687 | 7,492 | 19,095 | 20,774 | 43 | - | - | - | 244 | 15,254 | 15,010 | 43,326 | 55,835 | 15,430 | 36,240 | 25,422 | 2,981 | |
454/9 |
6,692 | 17,698 | 18,821 | 16,931 | 12,087 | 11,151 | 11,846 | 10,649 | 10,499 | 26,226 | 18,438 | 3,122 | 6,802 | 10,433 | 34,236 | - | - | |
47/48 |
- | - | - | - | - | - | - | - | - | 830 | 1,019 | 519 | 15,497 | 292 | 722 | 3,406 | 1,021 | |
492/3 |
- | - | - | 0 | 15,297 | - | - | - | - | - | - | 4,437 | 29,181 | 32,771 | 30,778 | 3,408 | 19,742 | |
| Income statement | ||||||||||||||||||
76A |
21,056 | - | - | 0 | 11,541 | - | - | 13,822 | 5,006 | 57,568 | 52,500 | - | - | - | - | - | - | |
9900 |
4,791 | -23,225 | 76,657 | -96,853 | 165,762 | 366,390 | 231,818 | 172,507 | -499 | 6,106 | 109,820 | 258,349 | 505,330 | 385,501 | 394,350 | 145,706 | 20,231 | |
62 |
54,850 | 115,657 | 115,460 | 100,706 | 100,686 | 97,341 | 100,649 | 87,720 | 105,513 | 108,788 | 120,961 | 96,525 | 101,011 | 157,872 | 129,858 | - | - | |
630 |
- | 0 | 473 | 485 | 901 | 1,345 | 1,675 | 2,394 | 4,158 | 11,566 | 13,955 | 14,068 | 19,131 | 6,482 | 2,924 | 2,060 | 1,317 | |
631/4 |
33,700 | -18,176 | - | 0 | -1,429 | -5,871 | - | -8,015 | -197 | 6,055 | -2,638 | -22,293 | 47,789 | 63 | - | 6,306 | - | |
640/8 |
11,037 | 26,427 | 13,783 | 17,579 | 4,242 | 84,875 | 10,877 | 11,281 | 6,559 | 5,675 | 5,752 | 31,205 | 5,883 | 4,619 | 2,178 | 1,452 | 2,432 | |
66A |
- | - | - | - | - | 6,651 | - | - | 239 | - | 1,962 | - | - | - | - | - | - | |
9901 |
-94,796 | -147,133 | -53,058 | -215,623 | 61,363 | 188,700 | 118,617 | 79,128 | -116,771 | -125,979 | -28,210 | 138,844 | 331,516 | 216,465 | 259,390 | 135,888 | 16,483 | |
75/76B |
4,339 | 0 | 6,957 | 81,195 | 10,384 | 700 | 620 | 33,543 | 1,329 | 27,317 | 97,419 | 130,949 | 33,686 | 74,859 | 88,779 | 17,818 | 32,388 | |
75 |
0 | 0 | 6,957 | 81,195 | 1,116 | 700 | 620 | 33,543 | 1,329 | 27,317 | 97,419 | 130,949 | 33,686 | 74,859 | 88,779 | 17,818 | 32,388 | |
76B |
4,339 | - | - | 0 | 9,268 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
20,834 | 58,000 | 13,138 | 10,890 | 7,412 | 10,122 | 2,473 | 15,166 | 73,205 | 33,348 | 71,400 | 48,819 | 40,006 | 196,063 | 72,877 | 51,023 | 32,624 | |
65 |
20,834 | 58,000 | 13,138 | 9,453 | 7,412 | 3,471 | 2,473 | 15,166 | 73,205 | 33,348 | 71,400 | 48,819 | 40,006 | 196,063 | 72,877 | 51,023 | 32,624 | |
66B |
- | - | 0 | 1,437 | 0 | 6,651 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-111,291 | -205,133 | -59,239 | -145,318 | 64,335 | 179,278 | 116,764 | 97,505 | -188,647 | -132,009 | 48,347 | 220,975 | 325,196 | 95,261 | 275,292 | 102,683 | 16,246 | |
67/77 |
-101 | 248 | 252 | 277 | 16,671 | 34,609 | 982 | 648 | 0 | 244 | 15,010 | 75,511 | 97,638 | 33,367 | 98,227 | 33,365 | 3,823 | |
9904 |
-111,190 | -205,380 | -59,491 | -145,595 | 47,664 | 144,669 | 115,782 | 96,857 | -188,647 | -132,253 | 33,337 | 145,464 | 227,557 | 61,894 | 177,065 | 69,318 | 12,424 | |
9905 |
-111,190 | -205,380 | -59,491 | -145,595 | 47,664 | 144,669 | 115,782 | 96,857 | -188,647 | -132,253 | 33,337 | 145,464 | 227,557 | 61,894 | 177,065 | 69,318 | 12,424 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-111,190 | -205,380 | -59,491 | -145,595 | 511,160 | 463,495 | 318,827 | 203,045 | 106,188 | 294,835 | 427,088 | 393,751 | 399,207 | 174,744 | 244,721 | 71,121 | 12,424 | |
14P |
- | - | - | 0 | 463,495 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
100,694 | 205,380 | 59,491 | 145,595 | - | - | - | - | - | - | - | - | 10,000 | - | - | - | - | |
691/2 |
- | - | - | 0 | 511,160 | - | - | - | - | - | - | - | 8,919 | 3,095 | 3,413 | 3,466 | 10,621 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 8,919 | 3,095 | 3,413 | 3,466 | 621 | |
6921 |
- | - | - | 0 | 511,160 | - | - | - | - | - | - | - | - | - | - | - | 10,000 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 152,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 122,000 | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 30,000 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
0.8 | 1.8 | 1.8 | 1.8 | 1.8 | 2 | 1.8 | 1.8 | 1.8 | 2.2 | 2 | 1.7 | 1.7 | 3 | 1 | - | - | |
Hours worked1013 |
1,388 | 3,132 | 3,044 | 3,124 | 2,968 | 3,116 | 3,193 | 3,136 | 3,720 | 3,923 | 3,608 | 3,098 | 1,754 | 5,250 | 1,724 | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 16-06-2026 | 2026-00170053 | |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00180541 | |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00256749 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00296925 | |
| 31-12-2021 | abbreviated format | 27-06-2022 | 2022-20093081 | |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-35000439 | |
| 31-12-2019 | abbreviated format | 17-07-2020 | 2020-31700157 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-35300325 | |
| 31-12-2017 | abbreviated format | 18-07-2018 | 2018-36400193 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-57300562 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-54800006 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-53400509 | |
| 31-12-2013 | abbreviated format | 25-07-2014 | 2014-35500191 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-54800352 | |
| 31-12-2011 | abbreviated format | 10-07-2012 | 2012-28000234 | |
| 31-12-2010 | abbreviated format | 06-07-2011 | 2011-26700031 | |
| 31-12-2009 | abbreviated format | 09-07-2010 | 2010-29000485 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | -147,133 | -52,586 | -215,138 | 62,263 | 190,045 | 120,292 | 81,521 | -112,613 | -114,413 | -14,255 | 152,912 | 350,647 | 222,948 | 262,314 | 137,948 | 17,799 | ||
| - | -205,380 | -59,018 | -145,110 | 48,565 | 146,014 | 117,457 | 99,251 | -184,489 | -120,687 | 47,292 | 159,531 | 246,689 | 68,376 | 179,990 | 71,378 | 13,740 | ||
| 0 | 0 | -0 | 0 | 0 | 0 | 2,364 | 2,961 | 1,288 | 21,321 | 9,208 | 6,056 | 38,637 | 33,570 | 3,697 | 4,894 | 5,413 | ||
| -140,914 | 47,991 | -104,257 | 46,743 | -19,820 | 127,464 | -22,307 | 31,312 | -131,708 | -78,910 | 26,852 | -238,326 | 287,667 | -136,164 | 113,889 | 128,255 | - | ||
| 192,784 | 296,512 | 501,893 | 560,910 | 721,317 | 657,456 | 511,442 | 396,349 | 296,740 | 462,517 | 604,526 | 641,153 | 600,250 | 394,329 | 508,958 | 153,220 | 103,070 | ||
| 43.4% | 36.0% | 44.3% | 43.1% | 58.9% | 39.7% | 21.7% | 18.7% | 22.2% | 31.8% | 43.6% | 38.4% | 29.4% | 17.8% | 16.5% | 18.7% | 23.5% | ||
| 1.77 | 1.55 | 1.78 | 1.75 | 2.49 | 1.65 | 1.27 | 1.23 | 1.27 | 1.43 | 1.74 | 1.73 | 1.67 | 1.37 | 1.34 | 1.23 | 1.39 | ||
| 0.56 | 0.58 | 0.71 | 0.82 | 0.97 | 0.98 | 0.64 | 0.56 | 0.57 | 0.75 | 1.14 | 1.01 | 1.15 | 0.83 | 0.78 | 0.88 | 1.06 | ||
| 1.31 | 1.78 | 1.26 | 1.32 | 0.70 | 1.52 | 3.60 | 4.33 | 3.51 | 2.14 | 1.29 | 1.60 | 2.40 | 4.63 | 5.06 | 4.35 | 3.25 | ||
| -57.7% | -67.6% | -11.7% | -25.6% | 6.7% | 21.7% | 22.2% | 23.8% | -61.0% | -26.6% | 5.3% | 24.4% | 50.4% | 23.3% | 53.0% | 44.2% | 14.2% | ||
| -25.0% | -24.3% | -5.2% | -11.0% | 3.9% | 8.6% | 4.8% | 4.5% | -13.5% | -8.4% | 2.3% | 9.4% | 14.8% | 4.1% | 8.8% | 8.3% | 3.3% | ||
| - | -2.54 | -4.00 | -22.76 | 8.40 | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 2 | 2 | 2 |
| full-time | 0 | 1 | 1 | 1 | 1 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.8 | 1.8 | 1.8 | 1.8 | 1.8 |
| 0.8 | 1.8 | 1.8 | 1.8 | 1.8 | |
| On a permanent contract | 1 | 2 | 2 | 2 | 2 |
| Joined | 0 | 0 | 0 | - | - |
| Left | 1 | 0 | 0 | - | - |
| Training hours | - | 0 | 4 | - | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €0 | - | - | - | - |
| - | €0 | €473 | €485 | €901 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CONTESSE
The operating result for 2025 is a loss of €94,796, smaller than the loss of €147,133 in 2024.
Debt's share of the balance-sheet total falls from 64.0% to 56.6%. Equity and debt are lower.
Board & ownership
Board
3 directorsDirector
since 29-05-2026
term until 29-05-2032
listed in the 2025 annual accounts, filed on 16-06-2026
Director
since 29-05-2026
term until 29-05-2032
listed in the 2025 annual accounts, filed on 16-06-2026
The Hamptons BV
Director, permanent representative Karl Meerschman
since 29-05-2026
term until 29-05-2032
listed in the 2025 annual accounts, filed on 16-06-2026
Permanent representatives 1
Karl Meerschman
Permanent representative, for The Hamptons BV
in office according to the deed of 02-09-2020
Mandates through the years
3 names, the dashed line is todayBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- Kotil Nihat
- Director, from 29-05-2020 to date
- Stone Harlan Morgan
- Director, from 29-05-2020 to date
- The Hamptons BV
- Director, from 29-05-2020 to date
- Managing director, from before 02-09-2020, last mentioned in 2020
Control
Capital
- Capital
- €184,800
- Shares
- 528
- Contribution per share
- €350
- Equity per share
- €365 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 29-01-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Samenstelling van de raad van bestuur, Artikel13”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Bij niet-(tijdige) betaling op schuldig saldo van rechtswege en zonder ingebrekestelling interest gelijk aan wettelijke interestvoet…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 10:00
Network & group
Holdings
own 2017 accountsThis companyCONTESSE1 holding, 1 country
2017 accounts
Belgium 1 Equity Result
- BE Feelds33%open bankruptcy -€329,680 result -€417,939
Source: list of holdings in its own 2017 accounts. Every holding stands with its own latest accounts.
At the same address
Coupure 88, 9000 Ghent · 120 other companies| UITGEVERIJ LANNOO
establishment since 24-06-2015 · founded in 1991 |
115 FTE (2025) 0446.201.582 |
| Lease Estate
registered office since 04-10-2019 · founded in 2019 |
total assets €31.6m (2025) 0735.699.666 |
| REGUS BELGIUM
establishment since 01-07-2019 · founded in 1989 · group REGUS BUSINESS CENTRE · accounts filed late |
turnover €14.6m (2024) 0437.822.267 |
| VITARE
registered office since 27-11-2008 · founded in 2008 · group DWR |
total assets €17.1m (2025) 0808.101.060 |
| Aalborg Portland Belgium
registered office since 09-06-2017 · founded in 2017 |
turnover €14.4m (2025) 0676.670.416 |
| ManaMax
registered office since 01-09-2019 · founded in 2019 |
total assets €14.1m (2025) 0732.811.442 |
| Levy Evertz Technology Belgium
registered office since 22-06-2023 · founded in 2023 · negative equity (2025) |
15 FTE (2025) 0803.062.406 |
| AMPLA HOUSE PROPERTIES
registered office since 10-08-2015 · founded in 2015 |
1 FTE (2025) 0634.954.278 |
| Perfect Windowcleaning
establishment since 29-06-2012 · founded in 2012 |
36 FTE (2025) 0842.891.891 |
| EI Data Center Belgium
registered office since 30-10-2023 · founded in 2023 |
1.2 FTE (2024) 1001.786.702 |
Timeline
Timeline
29 events since 2008Board
Filings
Financial
Establishments
Address
2008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBfull format · 45 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0899257997
Registered office moved from Nazareth-De Pinte to GhentNew registered office: Coupure Rechts 88, 9000 Gent · Previous registered office: Tulpenstraat 8, 9810 Nazareth-De Pinte · Registered office clause: Tulpenstraat 8, 9810 Nazareth-De Pinte · Board meeting of 11-08-20253 points ▸
- Board meeting, 11-08-2025
- Registered office clause, Tulpenstraat 8, 9810 Nazareth-De Pinte
- Registered-office move, Coupure Rechts 88, 9000 Gent
- The deed holds 1 more point.
Annual accounts 2024 filed PDFabbreviated format · 35 days before the deadline
2024
Weakest financial year net -€205,380 The net result drops to -€205,380, the lowest from 2009 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFabbreviated format · 15 days before the deadline
Amendment of the articles · Resignations & appointmentsGeneral meeting of 28-12-20234 points ▸
- General meeting, 28-12-2023
- Capital, €184,000, 528 shares
- Registered office clause, Tulpenstraat 8
- Power of attorney, Bernard Loontjens
- The deed holds 2 more points.
2023
Annual accounts 2022 filed PDFabbreviated format · on the deadline day
2022
Annual accounts 2021 filed PDFabbreviated format · 34 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 18 days before the deadline
2020
3 directors reappointedThe Hamptons BV (managing director), Kotil Nihat and Stone Harlan Morgan · Permanent representative: Karl Meerschman · General meeting of 29-05-20207 points ▸
- General meeting, 29-05-2020
- Director reappointment, The Hamptons BV
- Director reappointment, Kotil Nihat
- Director reappointment, Stone Harlan Morgan
- Permanent representative, Karl Meerschman
- Board meeting, 29-05-2020
- Director reappointment, The Hamptons BV (managing director)
Annual accounts 2019 filed PDFabbreviated format · 14 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 13 days before the deadline
2018
Back to profit net €96,857 The net result is €96,857, after 2 loss-making years.
Annual accounts 2017 filed PDFabbreviated format · 13 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 29 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 28 days late
2014
Equity above €500,000 equity €597,031 ▲32.2% Equity rises from €451,568 to €597,031.
Annual accounts 2013 filed PDFabbreviated format · 6 days before the deadline
2013
Highest result from 2009 to 2025 net €227,557 ▲268% The operating result of €331,516 and the net result of €227,557 are both a record.
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 21 days before the deadline
2011
Equity above €200,000 equity €333,808 ▲113% With a profit in every financial year since 2009, equity grows to €333,808.
Annual accounts 2010 filed PDFabbreviated format · 25 days before the deadline
2010
Equity above €150,000 equity €156,742 ▲79.3% With a profit in every financial year since 2009, equity grows to €156,742.
Annual accounts 2009 filed PDFabbreviated format · 22 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0899.257.997
- VAT number
- BE 0899.257.997
- Peppol ID
- 0208:0899257997
- LEI code
- 54930042TX2FYNYR4G89 no longer live in the LEI register
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 14-07-2008
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 10:00deed of 29-01-2024 (in Dutch)
- Peppol
- Reachable since 21-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CONTESSE in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 29-01-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 29-01-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
46130
Agents in the wholesale of timber and building materials main activity
46839
Wholesale trade
Social security (RSZ) activities
46835
Wholesale trade main activity
Joint committees annual accounts 2025
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
46130
Wholesale trade main activity
46739
Wholesale trade
47599
Retail trade
Social security (RSZ) activities
46735
Wholesale trade main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de…”deed of 29-01-2024 (in Dutch)
21 activities
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- Het verlenen van administratieve prestaties en computerservices.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- Import en export van bevloeringsmaterialen en /of constructiematerialen
- Het voeren van een bouwonderneming.
- Aan en- verkoop,de groot en kleinhandel in bevloeringsmaterialen en/of constructiematerialen.
- Het rekruteren,selecteren,opleiden en begeleiden van bedrijfspersoneel.
- Het doen van alle studies en onderzoek,verrichten van marktonderzoek,promotie raadgeving,prospectie,techno - consult,assistentie op gebied van management,engineering,coördinatie en consultancy,technisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies.
- De publiciteit,reclame,marketing en algemene communicatie met betrekking tot wat voorafgaat onder alle vormen en het uitvoeren van alle werken die voor de verwezelijking van publiciteit,reclame,marketing en algemene communicatie noodzakelijk zijn,zonder enige beperking.
- De aankoop en verkoop,de handel in hout- en metaalmeubelen,antiekmeubelen,kunstvoorwerpen;
- De aankoop en verkoop,de groothandel en kleinhandel in textielartikelen;
- De aankoop en verkoop,de groothandel en kleinhandel,het leveren en plaatsen van houten vloeren,kurkvloeren,parketvloeren,deuren,plafonds,wanden,plastic en gevelbekleding.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Coupure 88 registered office 9000 Ghent | 08-08-2008 | 2.172.289.660 |
1 former office
- Tulpenstraat 8, 9810 Nazareth-De Pinte until 01-05-2025 · deed of 16-10-2025
Buildings and parcels at the address
- Ground area
- 794 m²
- Buildings
- 299 m²
- Volume, LiDAR
- 4,829 m³
- Tallest building
- 18.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44815F2048/00V002 | 794 m² | 1 · 299 m² | 18.5 m · 6 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.