OPENING OF BANKRUPTCY

CONNECTUM

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Financial year 2025 · closed on 31/12/2025

Net result

-1,7 M €

-256.7% YoY

Gross margin

-399,2 k €

-154.6% YoY

Equity

-4,5 M €

-59.9% YoY

Workforce

5,4 ETP

-6.9% YoY

Company — Opening of bankruptcy.

Strike-off: 21 août 2026

What does CONNECTUM do?

CONNECTUM is a Public limited company incorporated in 2000. Its registered office is in Wuustwezel. It employs on average 5,4 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0471.761.280

Incorporation

21/04/2000

Legal form

Public limited company

Registered office

Kampweg 178
2990 Wuustwezel · FlandreSee on map

Contributed capital

1 378 453,61 €

Latest accounts

31/12/2025

Average workforce

5,4 ETP

Joint committees (4)

116
11600
207
20700

Signals

Healthy social debts

View the BCE/KBO Public Search record →

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	-399,2 k €	-155%	731,5 k €	+1055%	-76,6 k €	+84.6%	-498,2 k €	-6510%	7,8 k €	-98.7%	580,3 k €	+71.5%	338,5 k €	-36.8%	535,7 k €	+5.9%	506,0 k €	+52.3%	332,3 k €	-6.7%	356,3 k €	-62.7%	955,4 k €	-13.2%	1,1 M €	+65.3%	665,9 k €	+17.5%	566,7 k €	-23.0%	735,7 k €	+11.2%	661,7 k €	+34.9%	490,7 k €	+23.6%	396,8 k €	+137%	-1,1 M €
EBITDA	-841,8 k €	-440%	247,4 k €	+130%	-836,4 k €	+14.0%	-972,1 k €	-443%	-179,0 k €	-142%	422,6 k €	+248%	121,6 k €	-63.9%	336,4 k €	-8.5%	367,7 k €	+89.5%	194,0 k €	+7.4%	180,6 k €	-67.6%	556,8 k €	-27.4%	767,2 k €	+86.1%	412,2 k €	+9.0%	378,3 k €	-40.4%	634,4 k €	+12.8%	562,6 k €	+39.1%	404,5 k €	+29.9%	311,4 k €	+125%	-1,2 M €
Operating result	-1,3 M €	-760%	-154,2 k €	+88.3%	-1,3 M €	+10.3%	-1,5 M €	-138%	-618,4 k €	-857%	81,7 k €	+132%	-254,5 k €	-456%	-45,7 k €	-211%	41,3 k €	+489%	7,0 k €	+325%	-3,1 k €	-103%	123,1 k €	-63.5%	337,1 k €	+165%	127,4 k €	+40.6%	90,6 k €	-76.3%	381,7 k €	+23.0%	310,4 k €	+88.2%	164,9 k €	+238%	48,8 k €	+103%	-1,8 M €
Net result	-1,7 M €	-257%	-474,9 k €	+70.7%	-1,6 M €	-5.5%	-1,5 M €	-141%	-638,2 k €	-1107%	63,4 k €	+117%	-366,3 k €	-1486%	-23,1 k €	-213%	20,4 k €	+168%	-30,2 k €	-185%	35,5 k €	+122%	-158,2 k €	-166%	239,7 k €	+3110%	7,5 k €	+108%	-99,2 k €	-135%	287,3 k €	+24.3%	231,0 k €	+266%	63,2 k €	+158%	-108,1 k €	+14.0%	-125,7 k €
Balance sheet
Equity	-4,5 M €	-59.9%	-2,8 M €	-20.2%	-2,4 M €	-221%	-731,8 k €	-189%	825,2 k €	-44.2%	1,5 M €	+4.5%	1,4 M €	-20.0%	1,8 M €	-1.3%	1,8 M €	+2.5%	1,7 M €	-1.7%	1,8 M €	+2.0%	1,7 M €	-8.3%	1,9 M €	+14.4%	1,7 M €	+0.5%	1,7 M €	-5.7%	1,8 M €	+19.6%	1,5 M €	+18.7%	1,2 M €	+5.4%	1,2 M €	-8.5%	1,3 M €
Total assets	3,9 M €	-8.3%	4,3 M €	+0.9%	4,2 M €	-9.2%	4,7 M €	+21.9%	3,8 M €	-11.6%	4,3 M €	+13.4%	3,8 M €	-3.8%	4,0 M €	-12.6%	4,5 M €	+57.1%	2,9 M €	-21.7%	3,7 M €	-19.0%	4,6 M €	+13.7%	4,0 M €	-7.8%	4,4 M €	+3.9%	4,2 M €	+28.2%	3,3 M €	+1.6%	3,2 M €	+18.2%	2,7 M €	-5.2%	2,9 M €	-13.5%	3,3 M €
Cash	7,9 k €	-65.3%	22,7 k €	+175%	8,2 k €		–		42,7 k €	-35.4%	66,1 k €	+415%	12,8 k €	+9.2%	11,8 k €	-85.7%	82,2 k €	+523%	13,2 k €	-91.9%	163,4 k €	+1282%	11,8 k €	-42.0%	20,4 k €	-78.7%	95,6 k €	+183%	33,8 k €	+76.8%	19,1 k €	-44.9%	34,7 k €	-20.7%	43,8 k €	+89.8%	23,1 k €	+73.0%	13,3 k €
Debts	8,4 M €	+18.8%	7,1 M €	+7.8%	6,6 M €	+26.1%	5,2 M €	+73.8%	3,0 M €	+19.0%	2,5 M €	+19.2%	2,1 M €	-4.0%	2,2 M €	-19.9%	2,8 M €	+142%	1,1 M €	-40.6%	1,9 M €	-31.9%	2,8 M €	+33.5%	2,1 M €	-21.6%	2,7 M €	+9.0%	2,5 M €	+63.0%	1,5 M €	-13.3%	1,8 M €	+17.7%	1,5 M €	-12.1%	1,7 M €	-16.7%	2,0 M €
Other
Workforce	5,4 ETP	-6.9%	5,8 ETP	-32.6%	8,6 ETP	+36.5%	6,3 ETP	+174%	2,3 ETP	+4.5%	2,2 ETP	-4.3%	2,3 ETP	-23.3%	3,0 ETP	+66.7%	1,8 ETP	-5.3%	1,9 ETP	-20.8%	2,4 ETP	-69.2%	7,8 ETP	+27.9%	6,1 ETP	+22.0%	5,0 ETP	+22.0%	4,1 ETP	+46.4%	2,8 ETP	+16.7%	2,4 ETP	+33.3%	1,8 ETP	+5.9%	1,7 ETP	-54.1%	3,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 45 ended

Active mandates

Jef Van Roy

Director · since 20 juillet 2023

Active

Hedwig Van Roy

Director · since 13 juin 2022

Active

Ended mandates

Dirk De Kort

Managing director · since 09 juin 2023 · until 20 juillet 2023

Ended

Hedwig Van Roy

Director · since 09 juin 2023

Ended

Emiel Philipsen

Director · since 13 juin 2022 · until 20 juillet 2023

Ended

Koen Maes

Director · since 13 juin 2022 · until 20 juillet 2023

Ended

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	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	06/08/2026	02/07/2025	03/07/2024	05/09/2023	24/06/2022	30/08/2021
General meeting	30/06/2026	02/06/2025	28/06/2024	28/08/2023	13/06/2022	24/08/2021
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	31/12/2025	30/06/2026	06/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/08/2023	05/09/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	24/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/08/2018	10/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/07/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	23/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	19/05/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 2 active · 45 ended

Active mandates

Jef Van Roy

Director · since 20 juillet 2023

Active

Hedwig Van Roy

Director · since 13 juin 2022

Active

Ended mandates

Dirk De Kort

Managing director · since 09 juin 2023 · until 20 juillet 2023

Ended

Hedwig Van Roy

Director · since 09 juin 2023

Ended

Emiel Philipsen

Director · since 13 juin 2022 · until 20 juillet 2023

Ended

Koen Maes

Director · since 13 juin 2022 · until 20 juillet 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2021
DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/05/2016
MAATSCHAPPELIJKE ZETEL
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 2025-1,7 M €↓
2024
Annual accounts 2024-474,9 k €↑
2023
Annual accounts 2023-1,6 M €↓
2022
Annual accounts 2022-1,5 M €↓
2021
Annual accounts 2021-638,2 k €↓
2020
Annual accounts 202063,4 k €↑
2020
Name changeConnectum
2019
Annual accounts 2019-366,3 k €↓
2018
Annual accounts 2018-23,1 k €↓
2017
Annual accounts 201720,4 k €↑
2016
Annual accounts 2016-30,2 k €↓
2015
Annual accounts 201535,5 k €↑
2014
Annual accounts 2014-158,2 k €↓
2013
Annual accounts 2013239,7 k €↑
2012
Annual accounts 20127,5 k €↑
2011
Annual accounts 2011-99,2 k €↓
2010
Annual accounts 2010287,3 k €↑
2009
Annual accounts 2009231,0 k €↑
2008
Annual accounts 200863,2 k €↑
2007
Annual accounts 2007-108,1 k €↑
2006
Annual accounts 2006-125,7 k €
2006
Name changeB.B.M. N.V.
21/04/2000
IncorporationPublic 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

CONNECTUM

Overview

What does CONNECTUM do?

Trend over 20 financial years

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