ACTIVE

CONXION

Financial year 2025 · Closed on 30/09/2025

Net result1,5 M €-12,3 %over 1 year
Revenue57,1 M €+37,0 %over 1 year
Equity9,4 M €+19,4 %over 1 year
Workforce110,0 ETP+14,6 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (4)
  • 14904
  • 200
  • 2000
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue57,1 M €41,7 M €33,7 M €28,1 M €23,5 M €
EBITDA4,7 M €3,8 M €3,1 M €1 M €1,3 M €
Operating result3,3 M €2,9 M €2,5 M €506 k €1 M €
Net result1,5 M €1,7 M €1,7 M €292,6 k €682,7 k €
Balance sheet
Equity9,4 M €7,9 M €6,1 M €4,5 M €4,2 M €
Total assets44,5 M €39,3 M €28,6 M €14,1 M €9,5 M €
Cash5,4 M €1,6 M €2,5 M €1,6 M €1,2 M €
Debts34,1 M €30,8 M €22,2 M €9,4 M €5,2 M €
Other
Workforce110,0 ETP96,0 ETP83,6 ETP87,8 ETP84,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 7 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CAJOEVMA0687.994.967Represented by Maertens Jochen
Directorsince 15/05/2024
DATATECH0474.056.321Represented by Chris Debyser
Managing directorsince 12/03/2021
Lieven Coen
Directorsince 12/03/2021
Stefaan Vanquaethem
Directorsince 12/03/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jeronimo Consulting0735.571.289Represented by Jelle Vervaeke
Director12/03/2021 → 2023 accounts
Stefaan Vanquatem
Directorlisted until the 2020 accounts
Stefaan Vanquathem
Director12/03/2021 → 2024 accounts
B-works0898.751.421Represented by Bart Hoste
Manager01/08/2008 → 2008 accounts

Other companies at this address

Wagenaarstraat 33 8791 Waregem
CompanyCBE no.
AB-CONSULTING● Active
0433.372.838
ANTEMM● Active
1029.529.888
0827.690.310
AXcite● Active
0841.985.536
1030.471.085
DATATECH● Active
0474.056.321
1017.359.655
0480.502.762
0769.320.460
INTEGREAT● Active
0884.768.177
1006.310.662
PROGRESSIVUM● Active
0802.265.224
SYCOM● Active
0450.443.353

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202607/04/202518/04/202424/04/202317/05/202205/05/2021
General meeting30/03/202607/03/202522/03/202403/03/202331/03/202230/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202530/03/202627/04/2026DutchPDF
Full model30/09/202407/03/202507/04/2025DutchPDF
Full model30/09/202322/03/202418/04/2024DutchPDF
Full model30/09/202203/03/202324/04/2023DutchPDF
Full model30/09/202131/03/202217/05/2022DutchPDF
Abridged model30/09/202030/04/202105/05/2021DutchPDF
Abridged model30/09/201925/03/202031/03/2020DutchPDF
Abridged model30/09/201801/03/201925/03/2019DutchPDF
Abridged model30/09/201702/03/201826/03/2018DutchPDF
Abridged model30/09/201603/03/201728/03/2017DutchPDF
Abridged model30/09/201504/03/201623/03/2016DutchPDF
Abridged model30/09/201406/03/201524/03/2015DutchPDF
Abridged model30/09/201321/02/201417/03/2014DutchPDF
Abridged model30/09/201215/02/201326/03/2013DutchPDF
Abridged model30/09/201117/02/201227/03/2012DutchPDF
Abridged model30/09/201012/02/201124/03/2011DutchPDF
Abridged model30/09/200913/02/201023/03/2010DutchPDF
Abridged model30/09/200814/02/200918/03/2009DutchPDF
Abridged model30/09/200715/02/200825/03/2008DutchPDF
Abridged model30/09/200616/02/200712/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 7 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CAJOEVMA0687.994.967Represented by Maertens Jochen
Directorsince 15/05/2024
DATATECH0474.056.321Represented by Chris Debyser
Managing directorsince 12/03/2021
Lieven Coen
Directorsince 12/03/2021
Stefaan Vanquaethem
Directorsince 12/03/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jeronimo Consulting0735.571.289Represented by Jelle Vervaeke
Director12/03/2021 → 2023 accounts
Stefaan Vanquatem
Directorlisted until the 2020 accounts
Stefaan Vanquathem
Director12/03/2021 → 2024 accounts
B-works0898.751.421Represented by Bart Hoste
Manager01/08/2008 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
CAJOEVMA
DATATECH
Stefaan Vanquaethem
Lieven Coen
Jeronimo Consulting
Stefaan Vanquathem
Stefaan Vanquatem
B-works
SYCOM
QUESTIM
B-WORKS
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CONXION
Wagenaarstraat 33, 8791 Beveren (Leie)HOOGSTRAAT 134, 8540 Deerlijk
Director
Managing director
Director
Director
Director
Director
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Wagenaarstraat 33, 8791 Beveren (Leie)Current
accounts 2024 → 2025
Accounts 2025 · 2026-00089166
HOOGSTRAAT 134, 8540 Deerlijk
accounts 2021 → 2023
Accounts 2023 · 2024-00064915

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CONXIONCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00089166

Events

  1. 2025
    Annual accounts 20251,5 M €↓
  2. 2024
    Annual accounts 20241,7 M €↑
  3. 2023
    Annual accounts 20231,7 M €↑
  4. 2022
    Annual accounts 2022292,6 k €↓
  5. 2021
    Annual accounts 2021682,7 k €↓
  6. 2020
    Annual accounts 2020957,3 k €↑
  7. 2019
    Annual accounts 2019807,3 k €↓
  8. 2018
    Annual accounts 2018857 k €↑
  9. 2017
    Annual accounts 2017295,9 k €↓
  10. 2016
    Annual accounts 2016355,3 k €↓
  11. 2015
    Annual accounts 2015403,1 k €↑
  12. 2014
    Annual accounts 2014306,7 k €↓
  13. 2013
    Annual accounts 2013317,6 k €↑
  14. 2012
    Annual accounts 2012255,6 k €↑
  15. 2011
    Annual accounts 201170 k €↓
  16. 2010
    Annual accounts 201079,1 k €↓
  17. 2009
    Annual accounts 200989,6 k €↑
  18. 2008
    Annual accounts 200881,9 k €↓
  19. 2007
    Annual accounts 2007103,1 k €
  20. 08/10/1996
    IncorporationPrivate limited company