ACTIVE

CONELL

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Financial year 2025 · closed on 31/12/2025

Net result

7,2 k €

-19.3% YoY

Gross margin

53 k €

+7.2% YoY

Equity

147,6 k €

+5.1% YoY

What does CONELL do?

CONELL is a Private limited company incorporated in 1995. Its registered office is in Erpe-Mere.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.946.718

Incorporation

06/09/1995

Legal form

Private limited company

Registered office

Oudenaardsesteenweg 376 box 2
9420 Erpe-Mere · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (2)

14904
201

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	53 k €	+7.2%	49,5 k €	+23.3%	40,1 k €	+17.5%	34,2 k €	+325%	8 k €	-83.9%	49,9 k €	+15.4%	43,2 k €	-27.6%	59,7 k €	+19.8%	49,9 k €	+97.9%	25,2 k €	-53.6%	54,4 k €	+209%	17,6 k €	-43.7%	31,3 k €	-24.4%	41,4 k €	+48.9%	27,8 k €	-55.0%	61,8 k €	+95.5%	31,6 k €	-16.4%	37,8 k €
EBITDA	17,3 k €	-10.9%	19,5 k €	-50.7%	39,5 k €	+25.9%	31,4 k €	+588%	4,6 k €	-67.9%	14,2 k €	+57.9%	9 k €	-66.9%	27,2 k €	+57.9%	17,2 k €	+112%	8,1 k €	-73.1%	30,2 k €	+74.9%	17,3 k €	-38.1%	27,9 k €	+0.3%	27,8 k €	+136%	11,8 k €	-76.2%	49,4 k €	+61.1%	30,7 k €	-16.8%	36,9 k €
Operating result	13,5 k €	-17.8%	16,5 k €	-56.5%	37,9 k €	+24.7%	30,4 k €	+790%	3,4 k €	-75.2%	13,8 k €	+714%	1,7 k €	-88.1%	14,2 k €	+217%	4,5 k €	+161%	-7,3 k €	-151%	14,3 k €	+1162%	-1,3 k €	-114%	9,8 k €	-12.3%	11,1 k €	+523%	-2,6 k €	-108%	34,6 k €	+115%	16,1 k €	-31.9%	23,6 k €
Net result	7,2 k €	-19.3%	8,9 k €	-62.7%	23,8 k €	+14.4%	20,8 k €	+948%	2 k €	-77.9%	9 k €	+482%	1,5 k €	-84.8%	10,2 k €	-32.3%	15 k €	+270%	-8,8 k €	-159%	14,8 k €	+2728%	524,9 €	-92.6%	7,1 k €	-46.4%	13,3 k €	+308%	-6,4 k €	-124%	26,7 k €	+28.1%	20,9 k €	+74.2%	12 k €
Balance sheet
Equity	147,6 k €	+5.1%	140,4 k €	+6.8%	131,5 k €	+22.1%	107,7 k €	-32.2%	158,8 k €	+2.7%	154,7 k €	+6.2%	145,7 k €	+1.1%	144,2 k €	+7.6%	134 k €	+12.6%	119 k €	-6.9%	127,9 k €	+5.7%	121 k €	+0.4%	120,5 k €	+6.3%	113,3 k €	+13.3%	100 k €	+6.4%	94 k €	+18.6%	79,3 k €	+35.7%	58,4 k €
Total assets	244,3 k €	+14.9%	212,6 k €	-3.2%	219,7 k €	+8.6%	202,3 k €	+11.3%	181,7 k €	-3.9%	189,1 k €	+5.2%	179,8 k €	-7.9%	195,3 k €	-0.6%	196,4 k €	+20.0%	163,7 k €	-41.5%	279,9 k €	+1.8%	275 k €	+3.5%	265,8 k €	+3.4%	257,1 k €	+34.6%	191 k €	+12.5%	169,8 k €	-0.4%	170,4 k €	+24.3%	137,1 k €
Cash	1,7 k €	-83.6%	10,2 k €	-34.9%	15,6 k €	-60.9%	39,9 k €	-6.7%	42,8 k €	-18.2%	52,3 k €	+68.5%	31 k €	-34.0%	47 k €	-12.2%	53,6 k €	+134%	22,9 k €	-45.9%	42,3 k €	-35.6%	65,8 k €	-0.7%	66,2 k €	+26.5%	52,4 k €	+18.5%	44,2 k €	-27.2%	60,7 k €	+62.8%	37,3 k €	+41.2%	26,4 k €
Debts	96,7 k €	+34.0%	72,2 k €	-18.2%	88,2 k €	-6.8%	94,7 k €	+314%	22,9 k €	-33.5%	34,4 k €	+9.8%	31,4 k €	-35.2%	48,4 k €	-22.4%	62,4 k €	+39.5%	44,7 k €	-70.6%	152 k €	-1.3%	154 k €	+6.4%	144,6 k €	+1.1%	143,1 k €	+57.3%	90,9 k €	+20.1%	75,7 k €	-16.8%	91 k €	+15.8%	78,6 k €
Other
Workforce	–		–		–		–		–		1,1 ETP	+22.2%	0,9 ETP	+12.5%	0,8 ETP	0.0%	0,8 ETP	+60.0%	0,5 ETP	-16.7%	0,6 ETP		–		–		–		0,5 ETP	+25.0%	0,4 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Sam VAN DER EECKEN

Director · since 16 avril 2020

Active

Ended mandates

Koen De Pauw

Manager · since 01 juillet 2005

Ended

Koen DE PAUW

Director · since 01 juillet 2005

Ended

CONNY DE CLERCQ

Associate

Ended

Koen DE PAUW

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/06/2026	19/08/2025	10/06/2024	22/06/2023	25/08/2022	20/08/2021
General meeting	29/05/2026	29/05/2025	29/05/2024	29/05/2023	29/05/2022	29/05/2021
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
Micro model	31/12/2025	29/05/2026	11/06/2026	Dutch	PDF
Micro model	31/12/2024	29/05/2025	19/08/2025	Dutch	PDF
Micro model	31/12/2023	29/05/2024	10/06/2024	Dutch	PDF
Micro model	31/12/2022	29/05/2023	22/06/2023	Dutch	PDF
Micro model	31/12/2021	29/05/2022	25/08/2022	Dutch	PDF
Micro model	31/12/2020	29/05/2021	20/08/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/05/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/05/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	27/09/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 4 ended

Active mandates

Sam VAN DER EECKEN

Director · since 16 avril 2020

Active

Ended mandates

Koen De Pauw

Manager · since 01 juillet 2005

Ended

Koen DE PAUW

Director · since 01 juillet 2005

Ended

CONNY DE CLERCQ

Associate

Ended

Koen DE PAUW

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/08/2026
Zetel (zetelverplaatsing)
PDF
Mandates10/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office20/02/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office14/01/2014
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/03/2004
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
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 20257,2 k €↓
2024
Annual accounts 20248,9 k €↓
2023
Annual accounts 202323,8 k €↑
2022
Annual accounts 202220,8 k €↑
2021
Annual accounts 20212 k €↓
2018
Annual accounts 20189 k €↑
2017
Annual accounts 20171,5 k €↓
2016
Annual accounts 201610,2 k €↓
2015
Annual accounts 201515 k €↑
2014
Annual accounts 2014-8,8 k €↓
2013
Annual accounts 201314,8 k €↑
2012
Annual accounts 2012524,9 €↓
2011
Annual accounts 20117,1 k €↓
2010
Annual accounts 201013,3 k €↑
2009
Annual accounts 2009-6,4 k €↓
2008
Annual accounts 200826,7 k €↑
2007
Annual accounts 200720,9 k €↑
2006
Annual accounts 200612 k €
06/09/1995
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

CONELL

Overview

What does CONELL do?

Trend over 18 financial years

Indicative valuation

Board of directors

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