ACTIVE

CONXION

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Financial year 2025 · closed on 30/09/2025

Net result

1,5 M €

-12.3% YoY

Revenue

57,1 M €

+37.0% YoY

Equity

9,4 M €

+19.4% YoY

Workforce

110,0 ETP

+14.6% YoY

What does CONXION do?

CONXION is a Private limited company incorporated in 1996. Its main activity is: Computer consultancy activities. Its registered office is in Waregem. It employs on average 110,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.974.603

Incorporation

08/10/1996

Legal form

Private limited company

Registered office

Wagenaarstraat 33
8791 Waregem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

110,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities 46500Wholesale of information and communication equipment+8

Joint committees (4)

14904
200
2000
218

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	57,1 M €	+37.0%	41,7 M €	+23.8%	33,7 M €	+19.9%	28,1 M €	+19.8%	23,5 M €	+13.1%	20,7 M €	+9.4%	19 M €	+14.9%	16,5 M €	+12.4%	14,7 M €	+27.7%	11,5 M €	+13.4%	10,1 M €	+17.0%	8,7 M €	+28.0%	6,8 M €	+8.4%	6,2 M €	+6.4%	5,9 M €	+11.2%	5,3 M €	+8.6%	4,9 M €	+8.7%	4,5 M €		–
EBITDA	4,7 M €	+24.0%	3,8 M €	+21.7%	3,1 M €	+203%	1 M €	-24.1%	1,3 M €	-27.1%	1,9 M €	+23.3%	1,5 M €	-3.5%	1,6 M €	+90.8%	815,8 k €	+9.3%	746,3 k €	+5.2%	709,4 k €	+18.7%	597,6 k €	+22.3%	488,6 k €	+18.0%	414,1 k €	+143%	170,6 k €	+18.8%	143,5 k €	-11.5%	162,2 k €	-3.0%	167,3 k €	-6.3%	178,6 k €
Operating result	3,3 M €	+13.1%	2,9 M €	+17.1%	2,5 M €	+392%	506 k €	-50.1%	1 M €	-30.0%	1,4 M €	+25.5%	1,2 M €	-11.1%	1,3 M €	+131%	562,6 k €	+6.8%	526,7 k €	-7.9%	571,8 k €	+16.7%	490 k €	+21.1%	404,4 k €	+20.6%	335,4 k €	+150%	134,1 k €	+15.1%	116,5 k €	-25.1%	155,6 k €	+0.3%	155,2 k €	-8.2%	169,1 k €
Net result	1,5 M €	-12.3%	1,7 M €	+5.3%	1,7 M €	+466%	292,6 k €	-57.1%	682,7 k €	-28.7%	957,3 k €	+18.6%	807,3 k €	-5.8%	857 k €	+190%	295,9 k €	-16.7%	355,3 k €	-11.8%	403,1 k €	+31.4%	306,7 k €	-3.4%	317,6 k €	+24.2%	255,6 k €	+265%	70 k €	-11.5%	79,1 k €	-11.7%	89,6 k €	+9.3%	81,9 k €	-20.5%	103,1 k €
Balance sheet
Equity	9,4 M €	+19.4%	7,9 M €	+28.5%	6,1 M €	+37.1%	4,5 M €	+7.0%	4,2 M €	+19.6%	3,5 M €	+32.6%	2,6 M €	+30.0%	2 M €	+48.0%	1,4 M €	+11.9%	1,2 M €	+20.2%	1 M €	-14.1%	1,2 M €	+15.3%	1 M €	+26.9%	809,9 k €	+23.8%	654,2 k €	+12.0%	584,2 k €	+15.7%	505,2 k €	+21.6%	415,6 k €	+24.6%	333,7 k €
Total assets	44,5 M €	+13.0%	39,3 M €	+37.7%	28,6 M €	+103%	14,1 M €	+48.4%	9,5 M €	+12.5%	8,4 M €	+19.9%	7 M €	+71.1%	4,1 M €	+13.7%	3,6 M €	+7.6%	3,4 M €	-7.7%	3,6 M €	+7.6%	3,4 M €	+24.3%	2,7 M €	+41.9%	1,9 M €	-7.9%	2,1 M €	+28.3%	1,6 M €	+11.6%	1,5 M €	+26.5%	1,1 M €	+14.5%	1 M €
Cash	5,4 M €	+244%	1,6 M €	-37.5%	2,5 M €	+51.4%	1,6 M €	+39.8%	1,2 M €	-38.2%	1,9 M €	-36.3%	3 M €	+304%	740,7 k €	+20.8%	613 k €	-5.6%	649,6 k €	-44.5%	1,2 M €	+18.8%	985,3 k €	-8.9%	1,1 M €	+72.2%	628,4 k €	+18.6%	529,9 k €	+8.1%	490,1 k €	+5.4%	465,1 k €	+193%	159 k €	-46.5%	297,3 k €
Debts	34,1 M €	+10.6%	30,8 M €	+38.5%	22,2 M €	+136%	9,4 M €	+82.6%	5,2 M €	+7.9%	4,8 M €	+13.5%	4,2 M €	+139%	1,8 M €	-14.2%	2,1 M €	+4.2%	2 M €	-5.1%	2,1 M €	+25.6%	1,7 M €	+13.3%	1,5 M €	+72.9%	846 k €	-28.5%	1,2 M €	+38.3%	855,6 k €	+11.0%	770,9 k €	+37.7%	559,7 k €	-16.4%	669,2 k €
Other
Workforce	110,0 ETP	+14.6%	96,0 ETP	+14.8%	83,6 ETP	-4.8%	87,8 ETP	+3.9%	84,5 ETP	+39.2%	60,7 ETP	+15.0%	52,8 ETP	+6.9%	49,4 ETP	+6.9%	46,2 ETP	+22.5%	37,7 ETP	+37.1%	27,5 ETP	+54.5%	17,8 ETP	+20.3%	14,8 ETP	+15.6%	12,8 ETP	+12.3%	11,4 ETP	+2.7%	11,1 ETP	+5.7%	10,5 ETP	+6.1%	9,9 ETP	+17.9%	8,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 18 ended

Active mandates

CAJOEVMA

Director · since 15 mai 2024 · 0687.994.967

Represented by Maertens Jochen

Active

DATATECH

Managing director · since 12 mars 2021 · 0474.056.321

Represented by Chris Debyser

Active

Lieven Coen

Director · since 12 mars 2021

Active

Stefaan Vanquaethem

Director · since 12 mars 2021

Active

Ended mandates

Jeronimo Consulting

Director · since 12 mars 2021 · 0735.571.289

Represented by Jelle Vervaeke

Ended

Stefaan Vanquatem

Director · since 12 mars 2021

Ended

Stefaan Vanquathem

Director · since 12 mars 2021

Ended

B-works

Manager · since 01 août 2008 · 0898.751.421

Represented by Bart Hoste

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	07/04/2025	18/04/2024	24/04/2023	17/05/2022	05/05/2021
General meeting	30/03/2026	07/03/2025	22/03/2024	03/03/2023	31/03/2022	30/04/2021
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
Full model	30/09/2025	30/03/2026	27/04/2026	Dutch	PDF
Full model	30/09/2024	07/03/2025	07/04/2025	Dutch	PDF
Full model	30/09/2023	22/03/2024	18/04/2024	Dutch	PDF
Full model	30/09/2022	03/03/2023	24/04/2023	Dutch	PDF
Full model	30/09/2021	31/03/2022	17/05/2022	Dutch	PDF
Abridged model	30/09/2020	30/04/2021	05/05/2021	Dutch	PDF
Abridged model	30/09/2019	25/03/2020	31/03/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	25/03/2019	Dutch	PDF
Abridged model	30/09/2017	02/03/2018	26/03/2018	Dutch	PDF
Abridged model	30/09/2016	03/03/2017	28/03/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	23/03/2016	Dutch	PDF
Abridged model	30/09/2014	06/03/2015	24/03/2015	Dutch	PDF
Abridged model	30/09/2013	21/02/2014	17/03/2014	Dutch	PDF
Abridged model	30/09/2012	15/02/2013	26/03/2013	Dutch	PDF
Abridged model	30/09/2011	17/02/2012	27/03/2012	Dutch	PDF
Abridged model	30/09/2010	12/02/2011	24/03/2011	Dutch	PDF
Abridged model	30/09/2009	13/02/2010	23/03/2010	Dutch	PDF
Abridged model	30/09/2008	14/02/2009	18/03/2009	Dutch	PDF
Abridged model	30/09/2007	15/02/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	16/02/2007	12/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 30/09/2025 · 4 active · 18 ended

Active mandates

CAJOEVMA

Director · since 15 mai 2024 · 0687.994.967

Represented by Maertens Jochen

Active

DATATECH

Managing director · since 12 mars 2021 · 0474.056.321

Represented by Chris Debyser

Active

Lieven Coen

Director · since 12 mars 2021

Active

Stefaan Vanquaethem

Director · since 12 mars 2021

Active

Ended mandates

Jeronimo Consulting

Director · since 12 mars 2021 · 0735.571.289

Represented by Jelle Vervaeke

Ended

Stefaan Vanquatem

Director · since 12 mars 2021

Ended

Stefaan Vanquathem

Director · since 12 mars 2021

Ended

B-works

Manager · since 01 août 2008 · 0898.751.421

Represented by Bart Hoste

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares27/11/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Restructuring05/02/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates05/09/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/11/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/09/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/04/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/02/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 20251,5 M €↓
2024
Annual accounts 20241,7 M €↑
2023
Annual accounts 20231,7 M €↑
2022
Annual accounts 2022292,6 k €↓
2021
Annual accounts 2021682,7 k €↓
2020
Annual accounts 2020957,3 k €↑
2019
Annual accounts 2019807,3 k €↓
2018
Annual accounts 2018857 k €↑
2017
Annual accounts 2017295,9 k €↓
2016
Annual accounts 2016355,3 k €↓
2015
Annual accounts 2015403,1 k €↑
2014
Annual accounts 2014306,7 k €↓
2013
Annual accounts 2013317,6 k €↑
2012
Annual accounts 2012255,6 k €↑
2011
Annual accounts 201170 k €↓
2010
Annual accounts 201079,1 k €↓
2009
Annual accounts 200989,6 k €↑
2008
Annual accounts 200881,9 k €↓
2007
Annual accounts 2007103,1 k €
08/10/1996
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

CONXION

Overview

What does CONXION do?

Trend over 19 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