COMDEX
ActiveSummary
COMDEX has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €1k. Equity is shrinking by ~10.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-2
Solvency68=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.34 in 2024; short-term debt: 54.6% and cash: 76.9% of total assets), and 57.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
27 d early
2023
33 d early
2022
7 d early
2021
30 d early
2020
9 d late
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 1.9%
2024 · €80k
2019: €174k
2020: €184k▲ +5.6% vs 2019
2021: €192k▲ +4.6% vs 2020
2022: €200k▲ +3.8% vs 2021highest in 7 years
2023: €75k▼ -62.3% vs 2022lowest in 7 years
2024: €80k▲ +5.9% vs 2023
2025: €81k▲ +1.9% vs 2024
2019 → 2025
Total assets
€189k▲ 2.0%
2024 · €186k
2019: €179klowest in 7 years
2020: €188k▲ +5.2% vs 2019
2021: €197k▲ +4.7% vs 2020
2022: €204k▲ +3.5% vs 2021highest in 7 years
2023: €186k▼ -9.0% vs 2022
2024: €186k▼ -0.1% vs 2023
2025: €189k▲ +2.0% vs 2024
2019 → 2025
Net result
€1k▼ 66.9%
2024 · €4k
2019: €11khighest in 7 years
2020: €10k▼ -7.6% vs 2019
2021: €9k▼ -3.5% vs 2020
2022: €7k▼ -22.0% vs 2021
2023: €615▼ -91.6% vs 2022lowest in 7 years
2024: €4k▲ +627% vs 2023
2025: €1k▼ -66.9% vs 2024
2019 → 2025
Working capital
€42k▲ 21.4%
2024 · €35k
2019: €105k
2020: €119k▲ +13.2% vs 2019
2021: €132k▲ +10.7% vs 2020
2022: €144k▲ +9.3% vs 2021highest in 7 years
2023: €23k▼ -83.9% vs 2022lowest in 7 years
2024: €35k▲ +49.6% vs 2023
2025: €42k▲ +21.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€192k-€200k▲ 3.8%€75k▼ 62.3%€80k▲ 5.9%€81k▲ 1.9%
2021: €192k
2022: €200k▲ +3.8% vs 2021highest in 5 years
2023: €75k▼ -62.3% vs 2022lowest in 5 years
2024: €80k▲ +5.9% vs 2023
2025: €81k▲ +1.9% vs 2024
Operating result€14k-€11k▼ 21.9%€899▼ 91.8%€6k▲ 608%€1k▼ 77.4%
2021: €14khighest in 5 years
2022: €11k▼ -21.9% vs 2021
2023: €899▼ -91.8% vs 2022lowest in 5 years
2024: €6k▲ +608% vs 2023
2025: €1k▼ -77.4% vs 2024
Net result€9k-€7k▼ 22.0%€615▼ 91.6%€4k▲ 627%€1k▼ 66.9%
2021: €9khighest in 5 years
2022: €7k▼ -22.0% vs 2021
2023: €615▼ -91.6% vs 2022lowest in 5 years
2024: €4k▲ +627% vs 2023
2025: €1k▼ -66.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€44k ▼ 8.8%
Current assets
€146k ▲ 5.7%
Equity and liabilities €189k
Equity
€81k ▲ 1.9%
Debt
€108k ▲ 2.1%
Debt's share of the balance-sheet total rises from 57.0% to 57.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▼
2024 · €11k
Cash flow
€6k▼
2024 · €9k
Current ratio
1.41▲
2024 · 1.34
Debt to equity
1.33▲
2024 · 1.33
ROE
1.8%▼
2024 · 5.6%
ROA
0.8%▼
2024 · 2.4%
Interest coverage
89.64▼
2024 · 166.15
Debt ≤ 1 year
€103k▲
2024 · €103k
Income taxes
€727▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€189k▲
Fixed assets21/28€48k€44k▼
Tangible fixed assets22/27€48k€43k▼
Land and buildings22€48k€43k▼
Financial fixed assets28€186€186=
Current assets29/58€138k€146k▲
Amounts receivable within one year40/41€2k€0▼
Other amounts receivable41€2k€0▼
Current investments50/53€129€129=
Cash at bank and in hand54/58€136k€146k▲
Equity and liabilities
Total equity and liabilities10/49€186k€189k▲
Equity10/15€80k€81k▲
Contributions10/11€10k€10k=
Reserves13€70k€71k▲
Distributable reserves133€70k€71k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€106k€108k▲
Amounts payable within one year42/48€103k€103k▲
Trade debts44€484€484=
Suppliers440/4€484€484=
Taxes, remuneration and social security45€0€477▲
Taxes450/3€0€477▲
Other amounts payable47/48€103k€103k=
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€12k€7k▼
Operating profit (loss)9901€6k€1k▼
Financial income75/76B€252€833▲
Recurring financial income75€252€833▲
Financial charges65/66B€64€63▼
Recurring financial charges65€64€63▼
Profit (loss) for the period before taxes9903€7k€2k▼
Income taxes67/77€2k€727▼
Profit (loss) for the period9904€4k€1k▼
Profit (loss) for the period to be appropriated9905€4k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€1k▼
Transfer from equity791/2€0-
Transfer to equity691/2€4k€1k▼
To other reserves6921€4k€1k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €4k | €4k | = |
| Other operating charges640/8 | - | €1k | €2k | €2k | €2k | ▼ 3.3% |
| Gross operating margin9900 | €20k | €17k | €7k | €12k | €7k | ▼ 41.0% |
| Operating profit (loss)9901 | €14k | €11k | €899 | €6k | €1k | ▼ 77.4% |
| Financial income75/76B | - | - | - | €252 | €833 | ▲ 231% |
| Recurring financial income75 | - | - | - | €252 | €833 | ▲ 231% |
| Financial charges65/66B | - | €63 | €63 | €64 | €63 | ▼ 0.9% |
| Recurring financial charges65 | €62 | €63 | €63 | €64 | €63 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €14k | €11k | €836 | €7k | €2k | ▼ 66.3% |
| Income taxes67/77 | €5k | €4k | €221 | €2k | €727 | ▼ 65.2% |
| Profit (loss) for the period9904 | €9k | €7k | €615 | €4k | €1k | ▼ 66.9% |
| Profit (loss) for the period to be appropriated9905 | €9k | €7k | €615 | €4k | €1k | ▼ 66.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €197k | €204k | €186k | €186k | €189k | ▲ 2.0% |
| Fixed assets21/28 | €61k | €56k | €52k | €48k | €44k | ▼ 8.8% |
| Tangible fixed assets22/27 | €60k | €56k | €52k | €48k | €43k | ▼ 8.9% |
| Land and buildings22 | - | €56k | €52k | €48k | €43k | ▼ 8.9% |
| Financial fixed assets28 | €186 | €186 | €186 | €186 | €186 | = |
| Current assets29/58 | €137k | €148k | €134k | €138k | €146k | ▲ 5.7% |
| Amounts receivable within one year40/41 | €20k | €24k | €2k | €2k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €24k | €2k | €2k | €0 | ▼ 100% |
| Current investments50/53 | €129 | €129 | €129 | €129 | €129 | = |
| Cash at bank and in hand54/58 | €116k | €124k | €131k | €136k | €146k | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €197k | €204k | €186k | €186k | €189k | ▲ 2.0% |
| Equity10/15 | €192k | €200k | €75k | €80k | €81k | ▲ 1.9% |
| Contributions10/11 | - | €60k | €10k | €10k | €10k | = |
| Reserves13 | €132k | €140k | €65k | €70k | €71k | ▲ 2.1% |
| Non-distributable reserves130/1 | - | €6k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €6k | €0 | - | - | - |
| Distributable reserves133 | - | €134k | €65k | €70k | €71k | ▲ 2.1% |
| Profit (loss) carried forward14 | €-89k | - | €0 | €0 | - | - |
| Amounts payable17/49 | €5k | €4k | €110k | €106k | €108k | ▲ 2.1% |
| Amounts payable within one year42/48 | €5k | €4k | €110k | €103k | €103k | ▲ 0.5% |
| Trade debts44 | - | - | €4k | €484 | €484 | = |
| Suppliers440/4 | - | - | €4k | €484 | €484 | = |
| Taxes, remuneration and social security45 | - | €4k | €4k | €0 | €477 | - |
| Taxes450/3 | - | €4k | €4k | €0 | €477 | - |
| Other amounts payable47/48 | - | - | €103k | €103k | €103k | = |
| Accrued charges and deferred income492/3 | - | €700 | €0 | €3k | €5k | ▲ 61.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €7k | €615 | €4k | €1k | ▼ 66.9% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €4k | €4k | = |
| Operating cash flow (approximation) | €14k | €12k | €5k | €9k | €6k | ▼ 34.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8k | €8k | €4k | €10k | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €615 ▼91.6%
Net result drops to €615, the lowest in the series; recovery starts the following year.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2002
Ground area
4,510 m²
Building footprint
3,510 m²
Volume, LiDAR
41,002 m³
Parcel 44021A3417/00W000, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
Dublinstraat 31, 9000 Gent
since 20022.099.786.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3417/00W000 | Flanders | 4,510 m² | 1 · 3,510 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-2000
Fiscal year end31-03
Scores and ratios are computed by Checked and are not a credit decision.