ACTIVE

CNX

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Financial year 2025 · closed on 30/12/2025

Net result

-14,3 k €

-164.2% YoY

Gross margin

27,1 k €

-61.3% YoY

Equity

209,1 k €

-6.4% YoY

What does CNX do?

CNX is a Private limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Boechout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.399.130

Incorporation

27/04/1989

Legal form

Private limited company

Registered office

Doornstraat 10
2530 Boechout · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	27,1 k €	-61.3%	70,2 k €	-22.6%	90,7 k €	+20.6%	75,2 k €	+13.7%	66,2 k €	-54.0%	143,7 k €	+2.1%	140,8 k €	-34.4%	214,7 k €	+19.0%	180,4 k €	+136%	76,4 k €	+16.4%	65,6 k €	+274%	-37,8 k €	+58.8%	-91,8 k €	-201%	91,2 k €	-46.0%	169 k €	+11.4%	151,8 k €	+23.8%	122,6 k €	-70.0%	409 k €	-4.2%	427 k €	+23.2%	346,6 k €
EBITDA	15,8 k €	-70.8%	54,1 k €	-33.8%	81,6 k €	+23.2%	66,2 k €	+59.2%	41,6 k €	-60.5%	105,4 k €	+21.5%	86,7 k €	-44.0%	154,8 k €	+70.6%	90,7 k €	+393%	18,4 k €	-45.0%	33,4 k €	+150%	-67,3 k €	+41.5%	-114,9 k €	-314%	53,6 k €	-61.5%	139,2 k €	+12.3%	124 k €	+34.8%	91,9 k €	-75.7%	378,2 k €	-1.8%	385,3 k €	+29.3%	298 k €
Operating result	-10,5 k €	-131%	33,6 k €	-47.2%	63,5 k €	+178%	22,8 k €	+350%	-9,2 k €	-114%	63,4 k €	+37.9%	46 k €	-60.0%	115,1 k €	+55.7%	73,9 k €	+369%	-27,5 k €	-127%	-12,2 k €	+89.1%	-111,6 k €	+28.8%	-156,7 k €	-1925%	8,6 k €	-87.0%	66,1 k €	-32.1%	97,4 k €	+49.5%	65,1 k €	-81.3%	348,8 k €	-2.2%	356,6 k €	+33.5%	267 k €
Net result	-14,3 k €	-164%	22,3 k €	-52.0%	46,5 k €	+112%	22 k €	+295%	-11,3 k €	-119%	60,2 k €	+39.2%	43,2 k €	-61.2%	111,4 k €	+56.5%	71,1 k €	+347%	-28,8 k €	-109%	-13,8 k €	+87.8%	-112,9 k €	+23.4%	-147,4 k €	-7115%	2,1 k €	-96.8%	65,4 k €	-5.8%	69,4 k €	+42.7%	48,6 k €	-77.8%	218,6 k €	-10.1%	243,1 k €	+10.4%	220,3 k €
Balance sheet
Equity	209,1 k €	-6.4%	223,5 k €	0.0%	223,5 k €	0.0%	223,5 k €	+0.9%	221,5 k €	-12.4%	252,8 k €	-3.7%	262,6 k €	+1.2%	259,4 k €	+75.2%	148 k €	-54.7%	326,9 k €	-8.1%	355,7 k €	-3.7%	369,4 k €	-23.4%	482,3 k €	-25.8%	649,7 k €	-2.7%	667,6 k €	+2.4%	652,2 k €	+2.9%	633,8 k €	-0.2%	635,2 k €	+12.1%	566,6 k €	+32.2%	428,4 k €
Total assets	282,4 k €	-11.4%	318,7 k €	-2.3%	326,3 k €	-6.0%	347,1 k €	+0.1%	346,9 k €	+2.9%	337,2 k €	+3.5%	325,8 k €	-4.3%	340,5 k €	-11.6%	385,3 k €	-6.9%	413,6 k €	-12.3%	471,6 k €	-7.2%	507,9 k €	-17.4%	614,7 k €	-14.6%	719,7 k €	-6.8%	772,3 k €	-6.5%	825,9 k €	-3.4%	855,1 k €	-26.2%	1,2 M €	+2.1%	1,1 M €	-1.7%	1,2 M €
Cash	4,7 k €	+93.6%	2,4 k €	-11.0%	2,7 k €	-91.6%	32,8 k €	+49.2%	22 k €	-70.3%	74 k €	+457%	13,3 k €	+345%	3 k €	-46.6%	5,6 k €	-53.8%	12,1 k €	-62.5%	32,2 k €	+1953%	1,6 k €	-96.0%	38,9 k €	+243%	11,3 k €	-84.1%	71,4 k €	-27.1%	97,9 k €	-12.2%	111,6 k €	+79.8%	62,1 k €	+149%	24,9 k €	-53.2%	53,3 k €
Debts	73,3 k €	-23.1%	95,2 k €	-7.4%	102,8 k €	-16.9%	123,7 k €	+6.3%	116,4 k €	+42.9%	81,4 k €	+28.8%	63,2 k €	-21.3%	80,3 k €	-66.1%	237,3 k €	+173%	86,8 k €	-25.1%	115,9 k €	-16.3%	138,5 k €	+4.6%	132,4 k €	+89.1%	70 k €	-30.2%	100,3 k €	-42.3%	173,7 k €	-21.5%	221,3 k €	-57.7%	523,7 k €	-4.8%	549,9 k €	-21.5%	700,5 k €
Other
Workforce	–		–		–		–		0,7 ETP	-46.2%	1,3 ETP	-27.8%	1,8 ETP	-10.0%	2,0 ETP	0.0%	2,0 ETP	+33.3%	1,5 ETP	+50.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 2 active · 5 ended

Active mandates

CASA VITAE

Director · 0441.460.856

Represented by Philippe Van Doninck

Active

Christine Conix

Director

Active

Ended mandates

CASA VITAE

Manager · since 30 juin 2017 · 0441.460.856

Represented by Philippe Van Doninck

Ended

CASA VITAE

Director · 0441.460.856

Represented by Philippe Van Doninck

Ended

CASA VITAE

Manager · 0441.460.856

Represented by Philippe Van Doninck

Ended

Christine Conix

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
CASA VITAE● Active	0441.460.856
CASA VITAE BM● Active	0724.755.492

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	07/07/2026	04/07/2025	15/07/2024	20/07/2023	27/06/2022	02/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/12/2025	26/06/2026	07/07/2026	Dutch	PDF
Abridged model	30/12/2024	27/06/2025	04/07/2025	Dutch	PDF
Abridged model	30/12/2023	28/06/2024	15/07/2024	Dutch	PDF
Abridged model	30/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Abridged model	30/12/2021	24/06/2022	27/06/2022	Dutch	PDF
Abridged model	30/12/2020	25/06/2021	02/07/2021	Dutch	PDF
Abridged model	30/12/2019	26/06/2020	30/06/2020	Dutch	PDF
Abridged model	30/12/2018	28/06/2019	01/07/2019	Dutch	PDF
Abridged model	30/12/2017	29/06/2018	04/07/2018	Dutch	PDF
Abridged model	30/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Abridged model	30/12/2015	24/06/2016	28/06/2016	Dutch	PDF
Abridged model	30/12/2014	26/06/2015	29/06/2015	Dutch	PDF
Abridged model	30/12/2013	27/06/2014	04/07/2014	Dutch	PDF
Abridged model	30/12/2012	28/06/2013	17/07/2013	Dutch	PDF
Abridged model	30/12/2011	29/06/2012	11/07/2012	Dutch	PDF
Abridged model	30/12/2010	24/06/2011	25/07/2011	Dutch	PDF
Abridged model	30/12/2009	25/06/2010	09/07/2010	Dutch	PDF
Abridged model	30/12/2008	26/06/2009	13/07/2009	Dutch	PDF
Abridged model	30/12/2007	27/06/2008	08/07/2008	Dutch	PDF
Abridged model	30/12/2006	29/06/2007	06/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/12/2025 · 2 active · 5 ended

Active mandates

CASA VITAE

Director · 0441.460.856

Represented by Philippe Van Doninck

Active

Christine Conix

Director

Active

Ended mandates

CASA VITAE

Manager · since 30 juin 2017 · 0441.460.856

Represented by Philippe Van Doninck

Ended

CASA VITAE

Director · 0441.460.856

Represented by Philippe Van Doninck

Ended

CASA VITAE

Manager · 0441.460.856

Represented by Philippe Van Doninck

Ended

Christine Conix

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/10/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-14,3 k €↓
2024
Annual accounts 202422,3 k €↓
2023
Annual accounts 202346,5 k €↑
2022
Annual accounts 202222 k €↑
2021
Annual accounts 2021-11,3 k €↓
2020
Annual accounts 202060,2 k €↑
2019
Annual accounts 201943,2 k €↓
2018
Annual accounts 2018111,4 k €↑
2017
Annual accounts 201771,1 k €↑
2016
Annual accounts 2016-28,8 k €↓
2015
Annual accounts 2015-13,8 k €↑
2014
Annual accounts 2014-112,9 k €↑
2013
Annual accounts 2013-147,4 k €↓
2012
Annual accounts 20122,1 k €↓
2011
Annual accounts 201165,4 k €↓
2010
Annual accounts 201069,4 k €↑
2009
Annual accounts 200948,6 k €↓
2008
Annual accounts 2008218,6 k €↓
2007
Annual accounts 2007243,1 k €↑
2006
Annual accounts 2006220,3 k €
27/04/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CNX

Overview

What does CNX do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline