14BETTER
ActiveSummary
The annual accounts of 14BETTER for fiscal year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €15k and a net result of €-24k. Equity is shrinking by ~21.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 20% of 3200 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency43▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.15 against 1.44 in 2024; short-term debt: 82.2% and cash: 73.8% of total assets), and 82.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.8%
Return on assets
-28.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3200 sector peers (2025).
NBB · sector comparisonPosition among 3200 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
51 d early
2024
64 d early
2023
120 d early
2022
102 d early
2021
128 d early
2020
138 d early
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-24k
2024 · €41k
2018: €48k
2019: €54k▲ +12.2% vs 2018highest in 8 years
2020: €33k▼ -38.9% vs 2019
2021: €34k▲ +1.7% vs 2020
2022: €46k▲ +37.0% vs 2021
2023: €48k▲ +3.4% vs 2022
2024: €41k▼ -14.6% vs 2023
2025: €-24k▼ -159% vs 2024lowest in 8 years
2018 → 2025
Working capital
€11k▼ 67.1%
2024 · €32k
2018: €53k
2019: €96k▲ +79.9% vs 2018
2020: €127k▲ +33.0% vs 2019highest in 8 years
2021: €-12k▼ -110% vs 2020lowest in 8 years
2022: €33k▲ +363% vs 2021
2023: €48k▲ +47.6% vs 2022
2024: €32k▼ -32.7% vs 2023
2025: €11k▼ -67.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€66k▲ 225%€79k▲ 18.5%€39k▼ 49.9%€15k▼ 61.2%
2021: €20k
2022: €66k▲ +225% vs 2021
2023: €79k▲ +18.5% vs 2022highest in 5 years
2024: €39k▼ -49.9% vs 2023
2025: €15k▼ -61.2% vs 2024lowest in 5 years
Operating result€43k-€59k▲ 36.8%€61k▲ 2.5%€51k▼ 16.3%€-24k
2021: €43k
2022: €59k▲ +36.8% vs 2021
2023: €61k▲ +2.5% vs 2022highest in 5 years
2024: €51k▼ -16.3% vs 2023
2025: €-24k▼ -148% vs 2024lowest in 5 years
Net result€34k-€46k▲ 37.0%€48k▲ 3.4%€41k▼ 14.6%€-24k
2021: €34k
2022: €46k▲ +37.0% vs 2021
2023: €48k▲ +3.4% vs 2022highest in 5 years
2024: €41k▼ -14.6% vs 2023
2025: €-24k▼ -159% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €51k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€5k ▼ 34.9%
Current assets
€81k ▼ 22.6%
Equity and liabilities €86k
Equity
€15k ▼ 61.2%
Debt
€71k ▼ 2.9%
Debt's share of the balance-sheet total rises from 64.8% to 82.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2024 · €53k
Cash flow
€-22k▼
2024 · €43k
Current ratio
1.15▼
2024 · 1.44
Debt to equity
4.62▲
2024 · 1.84
ROE
-158.0%▼
2024 · 103.0%
ROA
-28.1%▼
2024 · 36.2%
Interest coverage
745.25▲
2024 · 466.55
Debt ≤ 1 year
€71k▼
2024 · €73k
Income taxes
€64▼
2024 · €10k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€86k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Land and buildings22€4k€3k▼
Furniture and vehicles24€1k€422▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€105k€81k▼
Amounts receivable within one year40/41€6k€9k▲
Trade receivables40-€4k
Other amounts receivable41€6k€6k▼
Current investments50/53€9k€9k=
Cash at bank and in hand54/58€90k€63k▼
Equity and liabilities
Total equity and liabilities10/49€112k€86k▼
Equity10/15€39k€15k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€34k€10k▼
Amounts payable17/49€73k€71k▼
Amounts payable within one year42/48€73k€71k▼
Trade debts44€262€158▼
Suppliers440/4€262€158▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€69k€70k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€1k€201▼
Gross operating margin9900€54k€-22k▼
Operating profit (loss)9901€51k€-24k▼
Financial income75/76B€262€263▲
Recurring financial income75€262€263▲
Financial charges65/66B€114€-29▼
Recurring financial charges65€114€-29▼
Profit (loss) for the period before taxes9903€51k€-24k▼
Income taxes67/77€10k€64▼
Profit (loss) for the period9904€41k€-24k▼
Profit (loss) for the period to be appropriated9905€41k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€10k▼
Profit (loss) brought forward from the previous period14P€74k€34k▼
Profit to be distributed694/7€80k-
Return on contributions (dividend)694€80k-
The notes to these accounts (6 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 | €7k | €9k | €10k | €3k | €3k | ▼ 1.7% |
| Other operating charges640/8 | - | €644 | €473 | €1k | €201 | ▼ 82.0% |
| Gross operating margin9900 | €53k | €69k | €71k | €54k | €-22k | ▼ 140% |
| Operating profit (loss)9901 | €43k | €59k | €61k | €51k | €-24k | ▼ 148% |
| Financial income75/76B | - | €126 | €111 | €262 | €263 | ▲ 0.7% |
| Recurring financial income75 | €33 | €126 | €111 | €262 | €263 | ▲ 0.7% |
| Financial charges65/66B | - | €368 | - | €114 | €-29 | ▼ 126% |
| Recurring financial charges65 | €405 | €368 | - | €114 | €-29 | ▼ 126% |
| Profit (loss) for the period before taxes9903 | €43k | €59k | €61k | €51k | €-24k | ▼ 147% |
| Income taxes67/77 | €9k | €13k | €13k | €10k | €64 | ▼ 99.4% |
| Profit (loss) for the period9904 | €34k | €46k | €48k | €41k | €-24k | ▼ 159% |
| Profit (loss) for the period to be appropriated9905 | €34k | €46k | €48k | €41k | €-24k | ▼ 159% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190k | €229k | €102k | €112k | €86k | ▼ 23.4% |
| Fixed assets21/28 | €48k | €43k | €34k | €7k | €5k | ▼ 34.9% |
| Tangible fixed assets22/27 | €42k | €34k | €25k | €7k | €5k | ▼ 34.9% |
| Land and buildings22 | - | €6k | €5k | €4k | €3k | ▼ 25.0% |
| Furniture and vehicles24 | - | €25k | €17k | €1k | €422 | ▼ 64.6% |
| Other tangible fixed assets26 | - | €3k | €2k | €2k | €1k | ▼ 39.2% |
| Financial fixed assets28 | €6k | €9k | €9k | - | - | - |
| Current assets29/58 | €143k | €186k | €69k | €105k | €81k | ▼ 22.6% |
| Amounts receivable within one year40/41 | €54k | €50k | €19k | €6k | €9k | ▲ 41.2% |
| Trade receivables40 | - | €48k | €15k | - | €4k | - |
| Other amounts receivable41 | - | €3k | €4k | €6k | €6k | ▼ 14.5% |
| Current investments50/53 | - | - | - | €9k | €9k | = |
| Cash at bank and in hand54/58 | €89k | €136k | €49k | €90k | €63k | ▼ 29.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190k | €229k | €102k | €112k | €86k | ▼ 23.4% |
| Equity10/15 | €20k | €66k | €79k | €39k | €15k | ▼ 61.2% |
| Contributions10/11 | - | €19k | €5k | €5k | €5k | = |
| Reserves13 | €2k | €2k | - | - | - | - |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €93k | €46k | €74k | €34k | €10k | ▼ 70.1% |
| Amounts payable17/49 | €170k | €163k | €23k | €73k | €71k | ▼ 2.9% |
| Amounts payable after more than one year17 | €15k | €9k | €3k | - | - | - |
| Financial debts170/4 | - | €9k | €3k | - | - | - |
| Amounts payable within one year42/48 | €155k | €154k | €21k | €73k | €71k | ▼ 2.9% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | - | - | - |
| Trade debts44 | €1k | €2k | €516 | €262 | €158 | ▼ 39.7% |
| Suppliers440/4 | - | €2k | €516 | €262 | €158 | ▼ 39.7% |
| Taxes, remuneration and social security45 | - | €18k | €14k | €4k | - | - |
| Taxes450/3 | - | €18k | €14k | €4k | - | - |
| Other amounts payable47/48 | - | €127k | - | €69k | €70k | ▲ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €46k | €48k | €41k | €-24k | ▼ 159% |
| + Depreciation and write-downs630 | €7k | €9k | €10k | €3k | €3k | ▼ 1.7% |
| Operating cash flow (approximation) | €40k | €55k | €57k | €43k | €-22k | ▼ 150% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €24k | €0 | ▼ 100% |
| Change in cash | - | €47k | €-87k | €40k | €-26k | ▼ 165% |
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
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 3.32
Current ratio from 1.21 to 3.32; short-term debt falls from €154k to €21k.
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
31-12
Financial
Highest result since 2018net €54k ▲12.2%
Net result €54k, the highest in the series.
31-12
Financial
Equity above €100kEq €107k ▲76.9%
2 profitable years in a row build equity to €107k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
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, Elsene · 1 establishment unit since 2017
Ground area
1,897 m²
Building footprint
920 m²
Volume, LiDAR
6,443 m³
2 parcels, Brussels, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
44
companies at this address
See who is registered here
1 establishment unit
14BETTER
since 20172.261.359.119
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0275/00N007 | Brussels | 1,700 m² | 1 · 855 m² | 11.4 m · 2 fl. |
| 23077A0185/00F000 | Flanders | 196 m² | 1 · 64 m² | 0.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 27,678 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.