ACTIVE

FOR CON ONLY

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

-79,3 k €

+9.4% YoY

Gross margin

-110 k €

+1.2% YoY

Equity

3,2 M €

-2.4% YoY

Workforce

0,0 ETP

What does FOR CON ONLY do?

FOR CON ONLY is a Private limited company incorporated in 2010. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Maaseik.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.866.818

Incorporation

12/04/2010

Legal form

Private limited company

Registered office

Kapelweg 26
3680 Maaseik · FlandreSee on map

Contributed capital

34 000,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-110 k €	+1.2%	-111,3 k €	+9.9%	-123,5 k €	-175%	165,1 k €	+7.8%	153,1 k €	+16.5%	131,5 k €	+74.6%	75,3 k €	+11.9%	67,3 k €	+19.1%	56,5 k €	+37.8%	41 k €	+11.3%	36,9 k €	+96.2%	18,8 k €	-47.3%	35,6 k €	-32.3%	52,6 k €
EBITDA	-111,6 k €	+0.3%	-112 k €	+9.9%	-124,2 k €	-175%	164,9 k €	+7.9%	152,9 k €	+16.4%	131,3 k €	+74.9%	75,1 k €	+11.9%	67,1 k €	+19.1%	56,3 k €	+38.0%	40,8 k €	+11.5%	36,6 k €	+97.7%	18,5 k €	-47.5%	35,3 k €	-32.9%	52,6 k €
Operating result	-133,5 k €	-2.1%	-130,8 k €	+5.4%	-138,3 k €	-186%	160,6 k €	+7.1%	149,9 k €	+16.8%	128,4 k €	+78.0%	72,1 k €	+11.9%	64,5 k €	+17.5%	54,9 k €	+40.8%	39 k €	+11.8%	34,9 k €	+108%	16,8 k €	-50.2%	33,7 k €	-34.8%	51,6 k €
Net result	-79,3 k €	+9.4%	-87,5 k €	-103%	2,6 M €	+1560%	154,1 k €	-36.8%	244,1 k €	+212%	78,2 k €	+89.6%	41,2 k €	+3.1%	40 k €	+20.7%	33,1 k €	+36.5%	24,3 k €	+8.6%	22,3 k €	+127%	9,8 k €	-54.0%	21,3 k €	-35.1%	32,9 k €
Balance sheet
Equity	3,2 M €	-2.4%	3,3 M €	-2.6%	3,4 M €	+311%	823,8 k €	+41.7%	581,3 k €	+72.4%	337,2 k €	+30.2%	259 k €	+18.9%	217,8 k €	+22.5%	177,8 k €	+22.9%	144,6 k €	+20.2%	120,4 k €	+22.8%	98,1 k €	+11.1%	88,2 k €	+31.9%	66,9 k €
Total assets	3,2 M €	-2.8%	3,3 M €	-9.0%	3,6 M €	+133%	1,6 M €	-11.3%	1,8 M €	+2.2%	1,7 M €	+299%	432,8 k €	-0.3%	434,1 k €	+2.3%	424,4 k €	-3.1%	437,8 k €	+176%	158,6 k €	+14.8%	138,1 k €	-4.5%	144,6 k €	+3.0%	140,4 k €
Cash	68,5 k €	-86.0%	490 k €	+1179%	38,3 k €	+21.1%	31,6 k €	+534%	5 k €	-89.5%	47,5 k €	+276%	12,6 k €	+107%	6,1 k €	+9.4%	5,6 k €	-80.2%	28,1 k €	-30.6%	40,5 k €	+122%	18,2 k €	-22.0%	23,3 k €	-19.7%	29,1 k €
Debts	4,4 k €	-73.7%	16,8 k €	-93.4%	255,5 k €	-65.4%	738,5 k €	-37.5%	1,2 M €	-14.9%	1,4 M €	+716%	170,1 k €	-21.1%	215,7 k €	-12.5%	246,6 k €	-15.8%	293 k €	+674%	37,8 k €	-5.1%	39,9 k €	-29.3%	56,4 k €	-23.3%	73,6 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Kathleen Kalders

Director · since 12 décembre 2023

Active

Raf Baeten

Director · since 12 décembre 2023

Active

Ended mandates

Raf Baeten

Director · since 12 avril 2010

Ended

Raf Baeten

Mandate

Ended

RAF BAETEN

Director

Ended

RAF BAETEN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Maison Maeseyck● Active	1014.382.052
Maveriq● Active	1020.458.311
ORKA● Active	0799.461.726

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Micro model	Micro 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	20/03/2026	11/04/2025	29/04/2024	01/02/2023	31/03/2022	01/04/2021
General meeting	27/02/2026	15/03/2025	23/02/2024	27/01/2023	25/02/2022	26/02/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/02/2026	20/03/2026	Dutch	PDF
Micro model	30/09/2024	15/03/2025	11/04/2025	Dutch	PDF
Abridged model	30/09/2023	23/02/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	27/01/2023	01/02/2023	Dutch	PDF
Micro model	30/09/2021	25/02/2022	31/03/2022	Dutch	PDF
Micro model	30/09/2020	26/02/2021	01/04/2021	Dutch	PDF
Micro model	30/09/2019	28/02/2020	31/03/2020	Dutch	PDF
Micro model	30/09/2018	22/02/2019	14/03/2019	Dutch	PDF
Micro model	30/09/2017	23/02/2018	27/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	24/04/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	21/05/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	25/04/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 active · 4 ended

Active mandates

Kathleen Kalders

Director · since 12 décembre 2023

Active

Raf Baeten

Director · since 12 décembre 2023

Active

Ended mandates

Raf Baeten

Director · since 12 avril 2010

Ended

Raf Baeten

Mandate

Ended

RAF BAETEN

Director

Ended

RAF BAETEN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other14/04/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 2025-79,3 k €↑
2024
Annual accounts 2024-87,5 k €↓
2023
Annual accounts 20232,6 M €↑
2023
Name changeFOR CON ONLY
2022
Annual accounts 2022154,1 k €↓
2022
Name changeBaeten Raf
2020
Annual accounts 2020244,1 k €↑
2019
Annual accounts 201978,2 k €↑
2018
Annual accounts 201841,2 k €↑
2017
Annual accounts 201740 k €↑
2016
Annual accounts 201633,1 k €↑
2015
Annual accounts 201524,3 k €↑
2014
Annual accounts 201422,3 k €↑
2013
Annual accounts 20139,8 k €↓
2012
Annual accounts 201221,3 k €↓
2011
Annual accounts 201132,9 k €
12/04/2010
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

FOR CON ONLY

Overview

What does FOR CON ONLY do?

Trend over 14 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