Equity
€5.7m from €11.1m in 2015
Equity fell by 49% in 10 years.
CONFISEL
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €523,526 (2006)
€349,950▲ €356,602
lowest -€3.9m (2025)
-€3.9m▼ €4.0m
peak €11.1m (2015)
€5.7m▼ 30.6%
€412,577▲ 24×
peak 8.6 FTE (2007)
-not published
Board5 names since 2018
3 directors and 2 others
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from -€6,652 to €349,950Loss of €3.9mMerger: CONFISEL takes over BIG DROP 22-08Merger proposal: CONFISEL takes over BIG DROP 22-05Equity from €8.2m to €5.7mDebts from €17,214 to €412,577
Key points
from the 2025 annual accountsResult
-€3.9m -€3.9m
From profit to loss in 2025, after a profit of €64,490 in 2024.
Turnover
≈ €700,000 estimated
The accounts state no turnover.
Investments
€8.4m 45.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 207424.6% higher than in 2024.
Group
3 companies controlled
Heads a group.
Restructuring
3
3 restructurings since 2025. Latest: merger with ALDAM.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 148 companies had the same profile as CONFISEL has now. Each dot is one company, two years later.
91.9%
were still trading
5.4%
stopped another way
2.0%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 148 companies, not a prediction for CONFISEL. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Director, since 30-06-2024
Director, since 30-06-2024
Shares in 3 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458717156
4 directors reappointed
(managing director), , and · General meeting of 30-06-2024 · Gazette deed
Official details
Source: KBO- Status
- Active since 02-09-1996Normal situation
- Activity
- “Hetbezittenenbeherenvanvermogen,bestaandeuitonroerende goederen,allezakelijkerechtendaarop,onverdeelderechtendaarin,effecten,portefeuillewaarden,meubilai renalle roerendegoederen,inspecien,alleintellectueleenandereonlichamelijkerechten,zowelinBelgiëalsinhetbuitenland,enditvooregenrekening.” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.079.496.6889230 Wetteren, since 16-12-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 10-04-2026
Annual accounts 2025
- €6.8m▼ 17.3%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Companies linked to CONFISEL
Subsidiaries and holdings
- 100%
Insights on CONFISEL
CONFISEL files the micro format. That format states no turnover. The gross margin fell from €523,526 in 2006 to €349,950 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 CONFISEL
- What is the company number of CONFISEL?
- The company number of CONFISEL is 0458.717.156. The VAT number is the same number with BE in front: BE 0458.717.156.
- Where is CONFISEL based?
- The registered office is at Uitbergsestraat 45, 9270 Laarne.Company details
- What is the legal form of CONFISEL?
- CONFISEL is a public limited company (NV).
- When was CONFISEL founded?
- CONFISEL was founded on 02-09-1996.
- Is CONFISEL still active?
- Yes, CONFISEL is an active enterprise in the KBO register.
- What is the turnover of CONFISEL?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €349,950 and 875 comparable companies of the same size. It probably lies between €490,000 and €1.0m. It is a rough estimate.Financials
- Is CONFISEL profitable?
- In financial year 2025, CONFISEL made a loss of €3.9m.
- Where can I find the annual accounts of CONFISEL?
- CONFISEL filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONFISEL due?
- CONFISEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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