Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Confinity from Sint-Martens-Latem, company number BE0897991257, closed financial year 2024 with a result of € 1.9 million after tax. For that financial year Confinity recorded revenue of € 20.4 million and equity of € 3.3 million. Compared with financial year 2023, the result moved from € 1.4 million to € 1.9 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2025.
€ 3.3 million
▼ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 41% vs 2023
Profit after tax over the fiscal year.
€ 884,020
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 3.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
16.9
▼ 1.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 10% vs 2023
€ 61,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 162,315
▲ 42% vs 2023
Of which on lease € 103,210.
Debts at end 2024
€ 2.5 million
▲ 22% vs 2023
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▼ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 710,735
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 16,491,713 | € 18,140,749 | € 20,850,949 | € 20,423,086 | ▼ 2% |
| Profit after taxes | € 1,696,940 | € 1,383,257 | € 1,382,481 | € 1,947,412 | ▲ 41% |
| Equity | € 6,236,027 | € 4,119,284 | € 4,801,765 | € 3,299,465 | ▼ 31% |
| Total debts | € 4,473,211 | € 6,516,678 | € 6,667,298 | € 6,537,549 | ▼ 2% |
| Cash | € 2,667,710 | € 2,168,752 | € 1,166,473 | € 884,020 | ▼ 24% |
| Retained profit | € 6,174,527 | € 4,057,784 | € 4,740,265 | € 3,237,965 | ▼ 32% |
| Dividend | € 0 | € 3,500,000 | € 700,000 | € 3,449,712 | ▲ € 2.7 million |
| Bank debt | € 1,295,086 | € 1,947,552 | € 2,061,391 | € 2,509,306 | ▲ 22% |
| Balance sheet total | € 10,816,763 | € 10,746,082 | € 11,655,108 | € 9,999,719 | ▼ 14% |
| Employees (FTE) | 21.7 | 18.8 | 18.8 | 16.9 | ▼ 1.9 |
Key figures of Confinity, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Confinity?
What happened at Confinity in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Columba NV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.9 million (▲ 41% vs 2023). Source: NBB ↗
- Columba NV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2021 to € 1.9 million profit in 2024.
Paid € 490,983 in corporate taxes since 2021.
Best year ever: 2024, with € 1.9 million profit.
Paid out € 7.6 million in dividends to the owners in total.
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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 Columba comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ConfinityThe shares are held by Columba (100%). It owns 100% of Outspot Inc. itself.
Directors
According to the 2024 annual accounts
Director · represented by Stefan VAN OVERBEKE
since 2021 · until 2027
Shareholders
100%
Participations
Outspot Inc.
100%
Establishments
Establishment units
Physical locations of this company
Dorp 16
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.991.257
- VAT number
- BE 0897.991.257
- Registered office
- Dorp 16, 9830 Sint-Martens-Latem
- Names & denominations
- Confinity
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2008
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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