Equity
Equity rose in 2025 from €2.9m to €5.0m.
Equity rose in 2025 from €2.9m to €5.0m.
Green is investment, beige is depreciation. Machinery stands 28.2% higher than in 2024.
In 2025, nobody joined and 1 person left. On top of that, 3 agency workers worked there on average.
Contronect pays its suppliers 6 days later than in 2024. Customers pay 25 days later.
Board changed. Latest change 01-06-2026 · 4 in office.
In July 2024, 3,127 companies had the same profile as Contronect has now. Each dot stands for 8 companies, two years later.
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.
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.
| 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.
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.
Higher than 55% of 77 companies in 2025.
Higher than 78% of 77 companies in 2025.
Higher than 90% of 77 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
34.9 men and 7.3 women in full-time equivalents in 2025.
Men €92,624, women €76,616 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, nobody joined and 1 person left. Agency workers: 3 on average.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
11.4m | 12.1m | |
21/28 |
171,287 | 36,316 | |
21 |
1 | 256 | |
22/27 |
171,286 | 36,060 | |
23 |
27,854 | 21,732 | |
24 |
143,432 | 14,328 | |
29/58 |
11.3m | 12.1m | |
29 |
0 | - | |
290 |
0 | - | |
3 |
4.1m | 3.3m | |
30/36 |
4.1m | 3.3m | |
30/31 |
4.1m | 3.3m | |
40/41 |
5.8m | 4.7m | |
40 |
5.7m | 4.7m | |
41 |
125,981 | 23,261 | |
54/58 |
1.3m | 4.0m | |
490/1 |
1,998 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
11.4m | 12.1m | |
10/15 |
5.0m | 2.9m | |
10/11 |
100,000 | 100,000 | |
10 |
100,000 | 100,000 | |
100 |
100,000 | 100,000 | |
13 |
10,000 | 10,000 | |
130/1 |
10,000 | 10,000 | |
130 |
10,000 | 10,000 | |
14 |
4.8m | 2.8m | |
16 |
799,668 | 1.4m | |
160/5 |
799,668 | 1.4m | |
160 |
550,000 | 1.3m | |
164/5 |
249,668 | 133,320 | |
17/49 |
5.7m | 7.8m | |
42/48 |
3.8m | 3.6m | |
44 |
1.8m | 1.8m | |
440/4 |
1.8m | 1.8m | |
45 |
1.7m | 1.5m | |
450/3 |
401,615 | 386,798 | |
454/9 |
1.3m | 1.1m | |
47/48 |
400,000 | 250,000 | |
492/3 |
1.8m | 4.2m | |
| Income statement | |||
70/76A |
25.8m | 32.3m | |
70 |
23.6m | 27.5m | |
74 |
2.1m | 4.8m | |
60/66A |
22.5m | 28.3m | |
60 |
15.5m | 18.3m | |
600/8 |
16.3m | 17.5m | |
609 |
-790,779 | 821,898 | |
61 |
2.7m | 4.2m | |
62 |
3.8m | 4.3m | |
630 |
20,368 | 38,658 | |
631/4 |
1.1m | - | |
635/8 |
-616,986 | 1.4m | |
640/8 |
2,132 | 7,679 | |
9901 |
3.3m | 4.0m | |
75/76B |
69,580 | 101,502 | |
75 |
69,580 | 101,502 | |
751 |
69,474 | 101,264 | |
752/9 |
106 | 238 | |
65/66B |
2,673 | 407 | |
65 |
2,673 | 407 | |
652/9 |
2,673 | 407 | |
9903 |
3.3m | 4.1m | |
67/77 |
890,981 | 1.1m | |
670/3 |
890,981 | 1.1m | |
9904 |
2.5m | 3.1m | |
9905 |
2.5m | 3.1m | |
| Appropriation of the result | |||
9906 |
5.2m | 3.1m | |
14P |
2.8m | - | |
691/2 |
- | 10,000 | |
6920 |
- | 10,000 | |
694/7 |
400,000 | 250,000 | |
694 |
400,000 | 250,000 | |
| Social balance sheet | |||
9087 |
42.2 | 55 | |
Men (FTE)1003 |
34.9 | 36 | |
Women (FTE)1003 |
7.3 | 7.9 | |
Agency workers1501 |
3 | 9 | |
Hours worked1013 |
61,660 | 76,244 | |
| Document | |||
The notes to these accounts have 40 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.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 3.3m | 4.1m | ||
| 2.5m | 3.1m | ||
| 155,340 | 23,457 | ||
| -2.7m | - | ||
| 7.4m | 8.5m | ||
| 13.9% | 14.6% | ||
| 43.4% | 24.0% | ||
| 2.93 | 3.37 | ||
| 1.85 | 2.44 | ||
| 1.14 | 2.68 | ||
| 49.5% | 105.2% | ||
| 21.5% | 25.2% | ||
| over 100 | over 100 | ||
| 88 days | 63 days | ||
| 35 days | 29 days |
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.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 43 | 44 |
| full-time | 37 | 36 |
| part-time | 6 | 8 |
| in full-time equivalents | 41.9 | 42.2 |
| 42.2 | 43.9 | |
| On a permanent contract | 43 | 44 |
| Joined | 0 | 0 |
| Left | 1 | 5 |
| Agency workers, average number | 3 | 9 |
| Training hours | - | 156 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €155,340 | €21,993 |
| Intangible fixed assets | - | €1,464 |
| €20,368 | €38,658 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The auditor is °.
| Item | 2025 | 2024 |
|---|---|---|
| Fee for the audit | €20,000 | - |
Source: notes to the 2024 to 2025 annual accounts (relations with the auditor)
The operating result for 2025 is 18% lower than in 2024.
Debt's share of the balance-sheet total falls from 64.3% to 49.6%. Equity is higher and debt is lower.
Further up the chain 80.42% 68.63% consolidates
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.
| Advices for Technical Systems
registered office since 28-05-1984 · founded in 1984 · group |
541 FTE (2025) 0425.815.647 |
| ATS Brussels
registered office since 15-12-1993 · founded in 1993 · group |
23 FTE (2025) 0451.575.679 |
| All Professional Services
registered office since 04-05-1992 · founded in 1992 · group |
43 FTE (2025) 0447.378.252 |
| LOGITRANS BELGIUM
registered office since 04-12-1998 · founded in 1998 · group |
8.3 FTE (2025) 0464.747.784 |
| Autrosystems
registered office since 07-02-1995 · founded in 1989 · group |
15 FTE (2025) 0437.588.477 |
| MARKETING CONSULTING ENGINEERING
registered office since 09-12-2025 · founded in 1994 · group |
2.5 FTE (2025) 0452.916.061 |
| CDL-Engineering
registered office since 18-05-2020 · founded in 2020 · group |
6.6 FTE (2025) 0746.971.165 |
| Groep APS-Autrosystems
registered office since 01-06-2025 |
founded in 2025 1023.549.839 |
| TM ATS - WYCOR
registered office since 03-06-2024 |
founded in 2024 1009.388.829 |
via , at Contronect until 2026 · Director (not named in the articles) · deed of 20-09-2021 founded in 2021 |
total assets €392,850 (2025) |
via , no longer at · Director · deed of 05-05-2017 No longer active |
total assets €882,188 (2019) |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Karel De Roosestraat 15 registered office 9820 Merelbeke-Melle | 11-08-2023 | 2.348.691.286 |
| G. Demeurslaan 130 1654 Beersel | 11-08-2023 | 2.348.691.385 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23035A0102/00T000 | 2.3 ha | 1 · 5,561 m² | 14.8 m · 4 |
| 44043A0558/00S000 | 1.9 ha | 1 · 4,446 m² | 9.6 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.985.092
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