CONUNDRA
0502.400.612 · rovalta.com · 22/09/2026
ACTIVE
CONUNDRA
Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
+16157.3% YoY
Gross margin
7,1 M €
+74.9% YoY
Equity
1,9 M €
+289.8% YoY
Workforce
41,8 ETP
+7.2% YoY
Overview
What does CONUNDRA do?
CONUNDRA is a Private limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Oosterzele. It employs on average 41,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.400.612
Incorporation
11/01/2013
Legal form
Private limited company
Registered office
Voordries 41
9860 Oosterzele · FlandreSee on map
9860 Oosterzele · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
41,8 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities69201Accounting, bookkeeping and auditing activities; tax consultancy69201Accounting, bookkeeping and auditing activities; tax consultancy+3
Joint committees (4)
- 100
- 200
- 20000
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Gross margin | 7,1 M € | +74.9% | 4,1 M € | +2.8% | 3,9 M € | +51.7% | 2,6 M € | -26.6% | 3,5 M € | +79.6% | 2 M € | +21.6% | 1,6 M € | -21.6% | 2,1 M € | +20.2% | 1,7 M € | +36.1% | 1,3 M € | +67.1% | 756,9 k € |
| EBITDA | 2,5 M € | +1259% | 185,4 k € | +67.1% | 111 k € | +112% | -896 k € | -457% | 250,6 k € | +246% | 72,5 k € | +1010% | 6,5 k € | -98.8% | 560,3 k € | -8.6% | 613,2 k € | -21.8% | 784,2 k € | +30.9% | 599,1 k € |
| Operating result | 1,8 M € | +1164% | 140,8 k € | +125% | 62,6 k € | +107% | -936,2 k € | -568% | 199,9 k € | +264% | 55 k € | +430% | -16,7 k € | -103% | 529,9 k € | -9.1% | 583 k € | -23.6% | 763,3 k € | +29.8% | 587,8 k € |
| Net result | 1,4 M € | +16157% | 8,5 k € | +77.1% | 4,8 k € | +100% | -982,4 k € | -862% | 129 k € | +169% | 47,9 k € | +349% | 10,7 k € | -97.5% | 423,9 k € | -3.3% | 438,2 k € | -18.3% | 536,2 k € | +35.4% | 396 k € |
| Balance sheet | |||||||||||||||||||||
| Equity | 1,9 M € | +290% | 478,9 k € | +1.8% | 470,3 k € | +1.0% | 465,5 k € | -67.8% | 1,4 M € | -9.6% | 1,6 M € | +3.1% | 1,6 M € | +0.7% | 1,5 M € | +29.3% | 1,2 M € | +40.3% | 850,7 k € | +135% | 362,2 k € |
| Total assets | 13,3 M € | +94.8% | 6,8 M € | +1.6% | 6,7 M € | +21.1% | 5,5 M € | +11.9% | 5 M € | +152% | 2 M € | +2.4% | 1,9 M € | -9.4% | 2,1 M € | +16.8% | 1,8 M € | +6.1% | 1,7 M € | +125% | 759,1 k € |
| Cash | 91,1 k € | +525% | 14,6 k € | -96.9% | 470,6 k € | -60.9% | 1,2 M € | +75.8% | 684,1 k € | +385% | 141,1 k € | -11.3% | 159 k € | +21.5% | 130,9 k € | -86.5% | 967,3 k € | -3.8% | 1 M € | +129% | 438,1 k € |
| Debts | 10,6 M € | +120% | 4,8 M € | +12.1% | 4,3 M € | +59.5% | 2,7 M € | -10.2% | 3 M € | +724% | 365,7 k € | +7.8% | 339,3 k € | -36.2% | 531,5 k € | -14.5% | 622 k € | -27.7% | 860,2 k € | +117% | 396,9 k € |
| Other | |||||||||||||||||||||
| Workforce | 41,8 ETP | +7.2% | 39,0 ETP | -4.6% | 40,9 ETP | -8.7% | 44,8 ETP | +30.2% | 34,4 ETP | +41.6% | 24,3 ETP | +4.3% | 23,3 ETP | +0.9% | 23,1 ETP | +29.8% | 17,8 ETP | +114% | 8,3 ETP | +186% | 2,9 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 8 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Crossroads● Active | 0794.544.321 |
Volksbelangen● Active | 0411.813.104 |
| 0410.884.377 |
Financials
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 | 31/07/2026 | 30/07/2025 | 11/07/2024 | 21/08/2023 | 29/07/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 25/08/2021 |
| 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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Annual accounts filings
13 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 31/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 30/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 30/06/2024 | 11/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 21/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 29/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/08/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 24/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 30/06/2019 | 30/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 30/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 23/06/2016 | 29/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/06/2015 | 23/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 04/06/2014 | 24/06/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 8 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,4 M €↑
- 2024Annual accounts 20248,5 k €↑
- 2023Annual accounts 20234,8 k €↑
- 2022Annual accounts 2022-982,4 k €↓
- 2021Annual accounts 2021129 k €↑
- 2018Annual accounts 201847,9 k €↑
- 2017Annual accounts 201710,7 k €↓
- 2016Annual accounts 2016423,9 k €↓
- 2015Annual accounts 2015438,2 k €↓
- 2014Annual accounts 2014536,2 k €↑
- 2013Annual accounts 2013396 k €
- 11/01/2013IncorporationPrivate limited company