Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CONAFIN from Kortrijk, company number BE0453412642, closed financial year 2025 with a result of € 13,338 after tax. For that financial year CONAFIN recorded a gross margin of € 14,235 and equity of € -15,475. Compared with financial year 2024, the result moved from € -12,565 to € 13,338. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -15,475
▲ € 13,338 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,338
▲ still € 12,565 loss in 2024
Profit after tax over the fiscal year.
€ 12,908
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -77,830.
Debts at end 2025
€ 41,907
▼ 19% vs 2024
Loans from banks and other lenders, long and short.
€ 250
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,202 | € -4,367 | € -11,341 | € 14,235 | ▲ € 25,576 |
| Profit after taxes | € -5,427 | € -5,657 | € -12,565 | € 13,338 | ▲ € 25,903 |
| Equity | € -10,591 | € -16,248 | € -28,813 | € -15,475 | ▲ € 13,338 |
| Total debts | € 339,587 | € 344,590 | € 359,601 | € 349,725 | ▼ 3% |
| Cash | € 7,654 | € 7,000 | € 9,446 | € 12,908 | ▲ 37% |
| Retained profit | € -72,946 | € -78,603 | € -91,168 | € -77,830 | ▲ € 13,338 |
| Bank debt | € 31,907 | € 36,907 | € 51,907 | € 41,907 | ▼ 19% |
| Balance sheet total | € 428,996 | € 428,342 | € 430,788 | € 434,250 | ▲ 1% |
Key figures of CONAFIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CONAFIN?
What happened at CONAFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fivanco NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13,338. Source: NBB ↗
- Fivanco NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,427 loss in 2022 to € 13,338 profit in 2025.
Best year ever: 2025, with € 13,338 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FIVANCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONAFINThe shares are held by FIVANCO (100%).
Directors
According to the 2025 annual accounts
Director · represented by David Vanbiervliet
Also active at: Centrimo, INAFZO, KORTRIJKSE VASTGOEDMAATSCHAPPIJ, DE BERG, HET LANDGOED, Cleaning and Environmental Technology invest, EUROPE PROMOTIONS, Centrimo Construct +12 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 29 box 21
8500 Kortrijk
Beneluxpark(Kor) 29 box B0021
8500 Kortrijk
Active since 28 September 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →FIVANCO same network
€ 120,500 revenue · 2025
Centrimo same network
€ 188,427 gross margin · 2025
INAFZO same network
€ -67,046 gross margin · 2025
YOUNG & Partners/NaviTrans International
€ 12.4 million revenue · 2025
Centrimo Construct same network
€ 421,402 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.412.642
- VAT number
- BE 0453.412.642
- Registered office
- Beneluxpark(Kor) 29 bus 21, 8500 Kortrijk
- Names & denominations
- CONAFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1994
- Peppol
- Active · Active since 27 Mar 2026