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Complete company report
Generated 06-09-2026
Active BE 0803.561.955Private limited company

21

Rue Vivegnis 4 ·4000 Liège, Belgium· 3 yrs active
Sector: Business and other management consultancy (70200)
Conclusion Checked

21 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €455k and a net result of €461k. Its solvency ranks better than 35% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €455k
Net result €461k
Better than sector 35%
Active 3 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health69Profitability100Solvency55Growth78Stability94
79 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 69
Profitability 100
Solvency 55
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
69 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€30k
estimate, not credit advice
Score history
28 2024
69 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 0.86 (< 1.0) -10
Leverage Debt/equity 1.70 (< 2.0) +3
Profitability ROE 101% (≥ 10%) +10
Interest coverage Interest coverage 6.7× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 19-01-2026 with the NBB · fiscal year 2025 · micro schema
€-200k€0€200k€400kOperating result 2024: €1k€1kNet result 2024: €-9k€-9kOperating result 2025: €119k€119kNet result 2025: €461k€461k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 37.0% 55.9%
better than 35% of 31061 sector peers
Net result €461k €27k
better than 95% of 31070 sector peers
Equity €455k €83k
better than 87% of 31087 sector peers
Gross operating margin €133k €53k
better than 81% of 31029 sector peers
Total assets €1.23M €186k
better than 91% of 31075 sector peers
EBITDA
€133k
+106.5% 24-25
Net profit
€461k
- 24-25
Cash flow
€475k
+780.6% 24-25
Total assets
€1.23M
+33.4% 24-25
Equity
€455k
- 24-25
Working capital
€-106k
+76.7% 24-25
Income taxes
€18k
- 24-25
Debt
€773k
-16.6% 24-25
Debt ≤ 1y
€753k
-17.6% 24-25
Current ratio
0.86
+71.1% 24-25
Quick ratio
0.86
+71.1% 24-25
Solvency
37.0%
- 24-25
Debt / equity
1.70
- 24-25
ROE
101.3%
-32.8% 24-25
ROA
37.5%
- 24-25
Interest coverage
6.70
+13.3% 24-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
Fiscal year2025 Δ2024 Δ
Depositmicro schemamicro schema
Revenue--
EBITDA+106.5%-
Net profit--
Cash flow+780.6%-
Staff costs--
Income taxes--
Dividends--
Total assets+33.4%-
Equity--
Debt-16.6%-
of which ≤ 1y-17.6%-
of which > 1y--
Working capital+76.7%-
Employees (FTE)--
Ratios (computed)
20252024
Current ratio0.860.50
Quick ratio0.860.50
Working capital ratio-8.6%-49.4%
Solvency37.0%-0.6%
Debt / equity1.70-156.62
Long-term debt ratio--
Interest coverage6.705.92
Gross margin--
Net margin--
ROA37.5%-1.0%
ROE101.3%150.7%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20252024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.23M€921k
Fixed assets 21/28€581k€462k
Tangible fixed assets 22/27€565k€443k
Financial fixed assets 28€16k€19k
Current assets 29/58€647k€459k
Amounts receivable within one year 40/41€409k€354k
Cash & bank 54/58€238k€105k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.23M€921k
Equity 10/15€455k€-6k
Contributions / capital 10/11€3k€3k
Reserves 13€452k-
Accumulated profits (losses) 14€168€-9k
Amounts payable 17/49€773k€927k
Amounts payable within one year 42/48€753k€915k
Trade debts payable within one year 44€79k€194k
Income statement
Gross operating margin 9900€133k€69k
Operating result 9901€119k€1k
Financial income 75€380k€500
Financial charges 65€20k€11k
Result before taxes 9903€479k€-9k
Income taxes 67/77€18k-
Net result for the period 9904€461k€-9k
Result to be appropriated 9905€461k€-9k
Legal Structure
NACE primary Business and other management consultancy(70200)
Legal form Private limited company(610)
Incorporation04-07-2023
StatusActive
Postal code4000
Establishment units 1 location
21
Rue Vivegnis 4, 4000 LiègeBusiness consulting
since 20232.346.752.474
Real-estate footprint Source: CBE × cadastre
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62810B0881/00L000 Wallonia 120 m² 1 · 71 m² 15.6 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events
Next filing, fiscal year 2026, expected by 31-01-2027
2026
19-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €461k
Net result €461k after one loss-making year.
30-06
Financial Equity above €200kEq €455k
Equity rises from €-6k to €455k.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Business and other management consultancy70200Business consulting70220
Names & trade names
Legal nameFR 21
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative

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