Equity
€5.0m ▲ 70.7%
Equity rose in 2025 from €2.9m to €5.0m.
Contronect
Part of the group
75 companies in 5 countries
Lifetime
2 annual accounts with figures on one time axispeak €27.5m (2024)
€23.6m▼ 13.9%
peak €3.1m (2024)
€2.5m▼ 19.7%
peak €5.0m (2025)
€5.0m▲ 70.7%
€5.7m▼ 27.2%
peak 55 FTE (2024)
42.2 FTE▼ 23.3%
Board8 names since 2023
4 directors and 3 others
Owners
90%
Documentsfilings and deeds
16-06-202645 days before the deadline
2025financial year
Turnover from €27.5m to €23.6mStaff from 55 FTE to 42.2 FTEDividend €400,000Equity from €2.9m to €5.0mDebts from €7.8m to €5.7mInvestments €155,340
Key points
from the 2025 annual accountsInvestments
€155,340 7.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 28.2% higher than in 2024.
Staff
43 employees on 31-12-2025
In 2025, nobody joined and 1 person left. On top of that, 3 agency workers worked there on average.
Payment terms
35 days to suppliers
Contronect pays its suppliers 6 days later than in 2024. Customers pay 25 days later.
At the same address
9 companies
Board
1 joined · 1 left
Board changed. Latest change 01-06-2026 · 4 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as Contronect has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,127 companies, not a prediction for Contronect. 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, since 14-07-2023
Director, since 14-07-2023
Director, since 14-07-2023
Director
Auditor,
- 90%score equity €77.5m (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
Recent changes
Resignation: (director)
Appointment: (director) · General meeting of 29-05-2026 · Gazette deed
2 establishments registered
Merelbeke-Melle and Beersel
Incorporation
Founding capital of €100,000, 1,000 shares · Founders: (comparant/oprichter) and (comparant/oprichter) · Appointments: , , , , ° (statutory auditor) and · published on 18-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Contronect Merelbeke-Melle | €23.6m | 13.9% | 43.4% | 42.2 |
| ElectraBeLux Ixelles | €10.1m | 6.6% | 20.0% | 14.5 |
| Electra Lion AssetCo Ixelles | €17.1m | -4.8% | 4.2% | - |
| EVONITY Heusden-Zolder | - | - | 38.6% | - |
| Grid Solutions Belgium Verviers | €42.0m | 3.7% | 26.5% | 35 |
| Kempische BordenBouw Balen | - | - | 29.6% | 15.6 |
| ABB Industrial Solutions (Belgium) Evergem | €36.2m | -20.4% | 46.4% | 105.9 |
Grey: the largest companies of the sector (electrical equipment (NACE 27)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Contronect: manufacture of electrical equipment (NACE 27120). They are comparable in size and age: total assets between €2.8m and €75m, founded between 2006 and 2023.
Official details
Source: KBO- Status
- Active since 14-07-2023Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Manufacture of electrical equipmentNACE 27120and 2 others
- Establishment units
- 2.348.691.2869820 Merelbeke-Melle, since 11-08-2023
- 2.348.691.3851654 Beersel, since 11-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €11.4m▼ 5.6%
- Employeeson 31-12-2025
- 43▼ 2.3%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Companies linked to Contronect
Parent and group
Insights on Contronect
Solvency rose in 2025 from 24.0% to 43.4% because of the retained profit and lower debts.
holds 90% of the shares.
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 Contronect
- What is the company number of Contronect?
- The company number of Contronect is 0803.985.092. The VAT number is the same number with BE in front: BE 0803.985.092.
- Where is Contronect based?
- The registered office is at Karel De Roosestraat 15, 9820 Merelbeke-Melle.Company details
- What does Contronect do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27120).
- What is the legal form of Contronect?
- Contronect is a public limited company (NV).
- When was Contronect founded?
- Contronect was founded on 14-07-2023.
- Is Contronect still active?
- Yes, Contronect is an active enterprise in the KBO register.
- How many employees does Contronect have?
- Contronect had an average of 42.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Contronect?
- The turnover of Contronect was €23.6m in financial year 2025, according to the filed annual accounts.
- Is Contronect profitable?
- In financial year 2025, Contronect made a profit of €2.5m.
- Where can I find the annual accounts of Contronect?
- Contronect filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Contronect due?
- Contronect must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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