A+FM CONSULT
ActiveA+FM CONSULT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €39k. Equity is growing by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency61▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 0.51 in 2024; short-term debt: 26% and cash: 51.4% of total assets), but 64.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
95 d late
2023
30 d late
2022
58 d late
2021
3 d early
2020
18 d late
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 338%
2024 · €12k
2019: €-59k
2020: €-58k
2021: €-39k
2022: €-47k
2023: €-2k
2024: €12k
2019 → 2025
Total assets
€141k▲ 85.3%
2024 · €76k
2019: €5k
2020: €17k
2021: €53k
2022: €5k
2023: €69k
2024: €76k
2019 → 2025
Net result
€39k▲ 196%
2024 · €13k
2019: €-4k
2020: €2k
2021: €18k
2022: €-7k
2023: €45k
2024: €13k
2019 → 2025
Working capital
€59k
2024 · €-21k
2019: €-1k
2020: €12k
2021: €43k
2022: €-4k
2023: €-25k
2024: €-21k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€-47k▼ 18.9%€-2k▲ 96.4%€12k€50k▲ 338%
Operating result€19k-€-7k€65k€19k▼ 70.5%€59k▲ 208%
Net result€18k-€-7k€45k€13k▼ 70.7%€39k▲ 196%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 208% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€45k▼ 16.3%
Current assets
€95k▲ 339%
Equity and liabilities €141k
Equity
€50k▲ 338%
Debt
€90k▲ 40.0%
The debt ratio falls from 84.8% to 64.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €28k
Cash flow
€48k▲
2024 · €22k
Solvency
35.9%▲
2024 · 15.2%
Current ratio
2.61▲
2024 · 0.51
Quick ratio
2.61▲
2024 · 0.51
Debt / equity
1.79▼
2024 · 5.60
ROE
77.2%▼
2024 · 114.5%
ROA
27.7%▲
2024 · 17.4%
Interest coverage
83.48▲
2024 · 53.97
Debt
€90k▲
2024 · €64k
Debt ≤ 1 year
€37k▼
2024 · €43k
Debt > 1 year
€54k▲
2024 · €22k
Income taxes
€20k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€141k▲
Fixed assets21/28€54k€45k▼
Tangible fixed assets22/27€53k€44k▼
Furniture and vehicles24€14k€9k▼
Other tangible fixed assets26€39k€35k▼
Financial fixed assets28€1k€1k=
Current assets29/58€22k€95k▲
Amounts receivable within one year40/41€14k€23k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€7k€72k▲
Deferred charges and accrued income490/1€717-
Equity and liabilities
Total equity and liabilities10/49€76k€141k▲
Equity10/15€12k€50k▲
Contributions10/11€19k€19k=
Reserves13€2k€27k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€25k
Profit (loss) carried forward14€-9k€5k▲
Amounts payable17/49€64k€90k▲
Amounts payable after more than one year17€22k€54k▲
Financial debts170/4€3k-
Other amounts payable178/9€18k€54k▲
Amounts payable within one year42/48€43k€37k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€38k€11k▼
Suppliers440/4€38k€11k▼
Taxes, remuneration and social security45€532€22k▲
Taxes450/3€532€22k▲
Other amounts payable47/48€757-
Accrued charges and deferred income492/3-€25
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€31k€70k▲
Operating profit (loss)9901€19k€59k▲
Financial charges65/66B€523€816▲
Recurring financial charges65€523€816▲
Profit (loss) for the period before taxes9903€19k€58k▲
Income taxes67/77€6k€20k▲
Profit (loss) for the period9904€13k€39k▲
Profit (loss) for the period to be appropriated9905€13k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€30k▲
Profit (loss) brought forward from the previous period14P€-22k€-9k▲
Transfer to equity691/2-€25k
To other reserves6921-€25k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 5current ratio 2.61
Current ratio from 0.51 to 2.61; short-term debt falls from €43k to €37k.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
31-03
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
31-03
Financial
Weakest financial yearnet €-7k ▼140%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 9.13
Current ratio from 4.45 to 9.13.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-03
Financial
Liquidity times 6current ratio 4.45
Current ratio from 0.77 to 4.45; short-term debt falls from €4k to €4k.
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Pieters-Woluwe · 2 establishment units since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duingrasgaarde 11150 Sint-Pieters-WoluweGround area
1,247 m²
Building footprint
326 m²
Volume, LiDAR
2,523 m³
2 parcels, Brussels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Duingrasgaarde 1, 1150 Sint-Pieters-Woluwe
since 19992.085.653.220
Rue du Centre 37, 4990 Lierneux
since 20252.384.537.637
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0176/00G018 | Brussels | 798 m² | 1 · 173 m² | 12.0 m · 3 fl. |
| 63045E0333/00B000 | Wallonia | 448 m² | 1 · 153 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 82,546 companies in sector 70200 we hold annual accounts for 52,562. 38,078 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-1998
Fiscal year end31-03
Abbreviation FR
L. de SPIRLET
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.