Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2019 to 2025 closed with a loss. 2023 was the heaviest.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 3% of them on solvency, 4% on liquidity, 4% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-11-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,008 companies had the same profile as 7VORTEX has now. Each dot stands for 16 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of 7VORTEX itself is lower: 0.7% within 12 months. It rests on far more data about 7VORTEX than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for 7VORTEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.11 (0.15 in 2024), below 1. Short-term debt is 789.4% and cash 5.4% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| 7VORTEX Rixensart | €34,552 | -€16,923 | -689.4% | - |
| ACTARIUS Villers-la-Ville | €39,849 | -€3,066 | -60.4% | - |
| MERIAS Genappe | €35,727 | -€7,859 | 45.1% | - |
| CreAction Services Chaumont-Gistoux | €43,006 | -€20,403 | 47.9% | - |
| Desseille Management Lasne | €28,140 | -€11,592 | -1215.2% | - |
| Venturprise Rebecq | €28,150 | €313 | 20.5% | - |
| PELAO Chaumont-Gistoux | €44,183 | -€25,077 | 75.7% | - |
These companies have the same main activity as 7VORTEX: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €28,100 and €44,200, founded between 2015 and 2018.
7VORTEX files the micro format. That format states no turnover. The gross margin rose from -€17,157 in 2017 to -€16,923 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 39,364 companies in 2025.
Lower than 95% of 38,048 companies in 2025.
Lower than 95% of 38,520 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
34,552 | 58,252 | 64,495 | 110,740 | 126,211 | 158,443 | 124,509 | 91,454 | |
21/28 |
3,541 | 20,376 | 22,882 | 52,190 | 83,340 | 110,744 | 86,826 | 63,882 | |
21 |
- | - | 931 | 25,727 | 55,878 | 85,903 | 60,065 | 62,008 | |
22/27 |
2,041 | 3,376 | 4,951 | 9,463 | 10,462 | 7,841 | 9,761 | 1,874 | |
24 |
- | 355 | 756 | 2,969 | 3,602 | - | 941 | 1,874 | |
26 |
2,041 | 3,021 | 4,195 | 6,494 | 6,860 | 7,841 | 8,820 | - | |
28 |
1,500 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | - | |
29/58 |
31,011 | 37,876 | 41,613 | 58,550 | 42,871 | 47,699 | 37,683 | 27,572 | |
3 |
28,150 | 28,149 | 28,150 | 28,149 | 28,150 | 24,706 | 24,706 | 22,396 | |
30/36 |
28,150 | 28,149 | 28,150 | 28,149 | 28,150 | 24,706 | 24,706 | 22,396 | |
40/41 |
550 | 4,094 | 4,327 | 11,455 | 5,578 | 19,644 | 2,229 | 982 | |
40 |
550 | 3,752 | 3,851 | 11,345 | 5,578 | 16,672 | - | - | |
41 |
- | 342 | 476 | 110 | - | 2,972 | 2,229 | 982 | |
54/58 |
1,863 | 5,336 | 6,476 | 16,586 | 9,143 | 3,349 | 6,332 | 4,194 | |
490/1 |
448 | 297 | 2,660 | 2,360 | - | - | 4,416 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
34,552 | 58,252 | 64,495 | 110,740 | 126,211 | 158,443 | 124,509 | 91,454 | |
10/15 |
-238,199 | -202,544 | -197,629 | -115,849 | -90,021 | -61,675 | -4,262 | -15,909 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
14 |
-256,799 | -221,144 | -216,229 | -138,888 | -108,621 | -80,275 | -22,862 | -34,509 | |
15 |
- | - | - | 4,439 | - | - | - | - | |
17/49 |
272,751 | 260,796 | 262,124 | 226,589 | 216,232 | 220,118 | 128,771 | 107,363 | |
42/48 |
272,751 | 260,796 | 262,124 | 221,496 | 216,232 | 220,118 | 128,771 | 107,363 | |
44 |
688 | 724 | 1,539 | 6,242 | 2,287 | 15,271 | 8,277 | 15,171 | |
440/4 |
688 | 724 | 1,539 | 6,242 | 2,287 | 15,271 | 8,277 | 15,171 | |
45 |
126 | - | - | 64 | 174 | 73 | 124 | - | |
450/3 |
126 | - | - | 64 | 174 | 73 | 124 | - | |
47/48 |
271,937 | 260,072 | 260,585 | 215,190 | 213,771 | 204,774 | 120,370 | 92,192 | |
492/3 |
- | - | - | 5,093 | - | - | - | - | |
| Income statement | |||||||||
9900 |
-16,923 | -1,471 | -54,667 | -8,037 | 3,855 | -25,137 | 32,695 | -17,157 | |
630 |
1,335 | 2,506 | 29,308 | 32,365 | 31,207 | 31,945 | 20,765 | 17,310 | |
640/8 |
91 | 173 | 70 | 64 | 174 | 273 | 124 | - | |
9901 |
-18,349 | -4,150 | -84,045 | -40,466 | -27,526 | -57,355 | 11,806 | -34,467 | |
75/76B |
30 | 4 | 7,894 | 10,896 | 231 | 25 | - | - | |
75 |
30 | 4 | 7,894 | 10,896 | 231 | 25 | - | - | |
65/66B |
17,336 | 769 | 1,190 | 697 | 1,050 | 83 | 159 | 42 | |
65 |
336 | 769 | 1,190 | 697 | 1,050 | 83 | 159 | 42 | |
66B |
17,000 | - | - | - | - | - | - | - | |
9903 |
-35,655 | -4,915 | -77,341 | -30,267 | -28,345 | -57,413 | 11,647 | -34,509 | |
9904 |
-35,655 | -4,915 | -77,341 | -30,267 | -28,345 | -57,413 | 11,647 | -34,509 | |
9905 |
-35,655 | -4,915 | -77,341 | -30,267 | -28,345 | -57,413 | 11,647 | -34,509 | |
| Appropriation of the result | |||||||||
9906 |
-256,799 | -221,144 | -216,229 | -138,888 | -108,621 | -80,275 | -22,862 | -34,509 | |
14P |
-221,144 | -216,229 | -138,888 | -108,621 | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-11-2025 | micro format | 29-06-2026 | 2026-00238748 | |
| 30-11-2024 | micro format | 26-06-2025 | 2025-00181278 | |
| 30-11-2023 | micro format | 28-06-2024 | 2024-00216527 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20363857 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60400287 | |
| 31-12-2019 | micro format | 28-09-2020 | 2020-56100191 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-53100361 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-51900033 |
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| -17,014 | -1,644 | -54,737 | -8,101 | 3,681 | -25,410 | 32,571 | -17,157 | ||
| -34,320 | -2,409 | -48,033 | 2,098 | 2,862 | -25,468 | 32,412 | -17,199 | ||
| 1,500 | 0 | - | 1,215 | 3,803 | 55,863 | 43,709 | 80,150 | ||
| -3,473 | -1,140 | - | 7,443 | 5,794 | -2,983 | 2,138 | - | ||
| -241,740 | -222,920 | -220,511 | -162,946 | -173,361 | -172,419 | -91,088 | -79,791 | ||
| -689.4% | -347.7% | -306.4% | -104.6% | -71.3% | -38.9% | -3.4% | -17.4% | ||
| 0.11 | 0.15 | 0.16 | 0.26 | 0.20 | 0.22 | 0.29 | 0.26 | ||
| 0.01 | 0.04 | 0.05 | 0.14 | 0.07 | 0.10 | 0.10 | 0.05 | ||
| -103.2% | -8.4% | -119.9% | -27.3% | -22.5% | -36.2% | 9.4% | -37.7% | ||
| -50.64 | -2.14 | -46.00 | -11.62 | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-11-2025 | 30-11-2024 | 30-11-2023 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,215 |
| Financial fixed assets | €1,500 | - | - | - |
| €1,335 | €2,506 | €29,308 | €32,365 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €18,349, larger than the loss of €4,150 in 2024.
Equity is negative. Debt (€272,751) exceeds the balance-sheet total (€34,552).
| Name | 2020 | 2021 | 2023 | 2024 |
|---|---|---|---|---|
| Firstday GmbHDE | 67% | |||
Source: list of holdings in its own accounts
The network starts from the directors of 7VORTEX. Every other company they run is a node.
Deadline for the 2026 accounts: 30-06-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Avenue des Merisiers 4 registered office 1332 Rixensart 1813005 Pre-press and pre-media services | 12-01-2017 | 2.261.757.809 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25033A0553/00A000 | 1,170 m² | 1 · 121 m² | 14.9 m · 4 |
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