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A Table etc...

Active
Private limited companyfounded 2019active for 7 yearsAvenue des Ormes 25, 4000 Liège, BelgiumKBO/BCE: BE 0726.684.111

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 16-10-2026 at the NBB all 7 filings

Equity
€18,965▼ 42.9%
2025 · €33,210
Total assets
€58,017▼ 31.3%
2025 · €84,409
Net result
-€13,847▲ 46.7%
2025 · -€25,993
Working capital
-€6,426
2025 · €30,658
Trend over the years

2022 to 2026, 5 financial years 2020 to 2026, 7 financial years

The operating result for 2026 is a loss of €17,049, smaller than the loss of €25,734 in 2025.

Operating result-€17,049 2026 Net result-€13,847 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2020202120222023202420252026
Operating result€31,614-€2,529▼ 92.0%€70,596▲ 28×€56,629▼ 19.8%€36,586▼ 35.4%-€25,734-€17,049▲ 33.7%
Net result€20,769--€3,990below the sector's middle half€48,459within the sector's middle half€38,698within the sector's middle half▼ 20.1%€24,758within the sector's middle half▼ 36.0%-€25,993below the sector's middle half-€13,847▲ 46.7%
Equity€27,769-€23,779below the sector's middle half▼ 14.4%€52,238within the sector's middle half▲ 120%€52,936within the sector's middle half▲ 1.3%€58,820within the sector's middle half▲ 11.1%€33,210within the sector's middle half▼ 43.5%€18,965▼ 42.9%
Total assets€38,705-€27,001below the sector's middle half▼ 30.2%€98,001within the sector's middle half▲ 263%€99,678within the sector's middle half▲ 1.7%€90,602within the sector's middle half▼ 9.1%€84,409within the sector's middle half▼ 6.8%€58,017▼ 31.3%
Debt€10,937-€3,222▼ 70.5%€45,764▲ 14×€46,742▲ 2.1%€31,782▼ 32.0%€51,200▲ 61.1%€39,051▼ 23.7%
Working capital€2,269-€11,908within the sector's middle half▲ 425%€43,333within the sector's middle half▲ 264%€43,144within the sector's middle half▼ 0.4%€55,646within the sector's middle half▲ 29.0%€30,658within the sector's middle half▼ 44.9%-€6,426
Solvency71.7%-88.1%above the sector's middle half▲ 16.3pp53.3%within the sector's middle half▼ 34.8pp53.1%within the sector's middle half▼ 0.2pp64.9%within the sector's middle half▲ 11.8pp39.3%within the sector's middle half▼ 25.6pp32.7%▼ 6.7pp
Current ratio1.21-4.70above the sector's middle half▲ 3.491.95within the sector's middle half▼ 2.751.92within the sector's middle half▼ 0.022.75within the sector's middle half▲ 0.831.60within the sector's middle half▼ 1.150.84▼ 0.76
Return on assets (ROA)53.7%--14.8%below the sector's middle half▼ 68.4pp49.4%above the sector's middle half▲ 64.2pp38.8%above the sector's middle half▼ 10.6pp27.3%within the sector's middle half▼ 11.5pp-30.8%below the sector's middle half▼ 58.1pp-23.9%▲ 6.9pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €58,017
Fixed assets €25,392 ▲ 895%
Current assets €32,625 ▼ 60.1%
Equity and liabilities €58,017
Equity €18,965 ▼ 42.9%
Debt €39,051 ▼ 23.7%
Debt's share of the balance-sheet total rises from 60.7% to 67.3%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
-€15,714▲
2025 · -€25,112
Cash flow
-€12,512▲
2025 · -€25,371
Debt to equity
2.06▲
2025 · 1.54
ROE
-73.0%▲
2025 · -78.3%
Interest coverage
-9.84▲
2025 · -14.25
Debt ≤ 1 year
€39,051▼
2025 · €51,200
Income taxes
€198▲
2025 · -€707
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as A Table etc...: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €56,700 and €67,500, founded between 2018 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
A Table etc... Liège2019€58,017€18,965-€14,116--€13,8472026
SOM&SP Liège2020€56,711-€54,113-€27,414€74,850-€35,1442025
PHARMA JUMP CONSULTING Liège2018€66,973-€7,761-€2,780--€12,9342025
ALL FOOD CONSULTING Blégny2018€59,095€49,850-€17,359--€18,2702025
ENGIMECA Verlaine2019€63,245€41,659-€23,640--€31,7952025
MINA CONSULTANCY Herve2020€59,568€56,601-€1,906--€2,1532024
Yvon Loyaerts Waremme2018€67,487€24,695€663--€7,7102025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 3,591 companies had the same profile as A Table etc... has now. Two years later, 3.0% had gone bankrupt and 87.4% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.4% stopped otherwise
87.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of A Table etc... itself is lower: 0.2% within 12 months. It rests on far more data about A Table etc... than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,591 companies, not a prediction for A Table etc.... 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 44 lines

Source: Annual accounts 2026 at the NBB, filed on 16-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€84,409€58,017▼
Fixed assets21/28€2,552€25,392▲
Tangible fixed assets22/27€1,052€23,892▲
Furniture and vehicles24€302€23,142▲
Other tangible fixed assets26€750€750=
Financial fixed assets28€1,500€1,500=
Current assets29/58€81,858€32,625▼
Amounts receivable within one year40/41€20,538€14,634▼
Trade receivables40€5,192€5,192=
Other amounts receivable41€15,346€9,442▼
Current investments50/53€56,080€9,680▼
Cash at bank and in hand54/58€4,020€8,311▲
Deferred charges and accrued income490/1€1,220-
Equity and liabilities
Total equity and liabilities10/49€84,409€58,017▼
Equity10/15€33,210€18,965▼
Contributions10/11€7,000€7,000=
Revaluation surpluses12€5,509€5,112▼
Reserves13€20,701€6,853▼
Non-distributable reserves130/1€1,039€1,039=
Reserves not available under the articles1311€1,039€1,039=
Distributable reserves133€19,662€5,814▼
Amounts payable17/49€51,200€39,051▼
Amounts payable within one year42/48€51,200€39,051▼
Current portion of amounts payable after more than one year42€4,772-
Trade debts44€1,392€304▼
Suppliers440/4€1,392€304▼
Taxes, remuneration and social security45-€198
Taxes450/3-€198
Other amounts payable47/48€45,036€38,549▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€622€1,335▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€24,722-
Other operating charges640/8€1,774€1,598▼
Gross operating margin9900€1,384-€14,116▼
Operating profit (loss)9901-€25,734-€17,049▲
Financial income75/76B€796€4,997▲
Recurring financial income75€796€4,997▲
Financial charges65/66B€1,762€1,597▼
Recurring financial charges65€1,762€1,597▼
Profit (loss) for the period before taxes9903-€26,699-€13,649▲
Income taxes67/77-€707€198▲
Profit (loss) for the period9904-€25,993-€13,847▲
Profit (loss) for the period to be appropriated9905-€25,993-€13,847▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,993-€13,847▲
Transfer from equity791/2€25,993€13,847▼

The notes to these accounts have 7 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.

Line2020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€254€747€1,067€1,118€622€1,335▲ 115%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€24,722--
Other operating charges640/8--€458€1,453€13,636€1,774€1,598▼ 9.9%
Gross operating margin9900€31,614€2,783€71,801€59,150€51,341€1,384-€14,116-
Operating profit (loss)9901€31,614€2,529€70,596€56,629€36,586-€25,734-€17,049▲ 33.7%
Financial income75/76B--€1€0€1,042€796€4,997▲ 527%
Recurring financial income75€2-€1€0€1,042€796€4,997▲ 527%
Financial charges65/66B--€2,062€1,770€1,604€1,762€1,597▼ 9.3%
Recurring financial charges65€139€131€395€1,770€1,604€1,762€1,597▼ 9.3%
Non-recurring financial charges66B--€1,668-----
Profit (loss) for the period before taxes9903€31,477-€2,602€68,535€54,860€36,024-€26,699-€13,649▲ 48.9%
Income taxes67/77€10,708€1,387€20,076€16,162€11,267-€707€198-
Profit (loss) for the period9904€20,769-€3,990€48,459€38,698€24,758-€25,993-€13,847▲ 46.7%
Profit (loss) for the period to be appropriated9905€20,769-€3,990€48,459€38,698€24,758-€25,993-€13,847▲ 46.7%
Line2020202120222023202420252026Change
Assets
Total assets20/58€38,705€27,001€98,001€99,678€90,602€84,409€58,017▼ 31.3%
Fixed assets21/28€25,500€11,871€8,905€9,792€3,174€2,552€25,392▲ 895%
Tangible fixed assets22/27-€1,371€1,905€2,792€1,674€1,052€23,892▲ 23×
Furniture and vehicles24--€1,905€2,042€924€302€23,142▲ 77×
Other tangible fixed assets26---€750€750€750€750=
Financial fixed assets28€25,500€10,500€7,000€7,000€1,500€1,500€1,500=
Current assets29/58€13,205€15,130€89,096€89,886€87,428€81,858€32,625▼ 60.1%
Amounts receivable within one year40/41€7,875€5,351€26,429€30,905€39,012€20,538€14,634▼ 28.7%
Trade receivables40--€17,787-€33,507€5,192€5,192=
Other amounts receivable41--€8,642€30,905€5,505€15,346€9,442▼ 38.5%
Current investments50/53--€44,000€54,000€40,080€56,080€9,680▼ 82.7%
Cash at bank and in hand54/58€5,248€9,779€18,668€4,981€8,268€4,020€8,311▲ 107%
Deferred charges and accrued income490/1----€69€1,220--
Equity and liabilities
Total equity and liabilities10/49€38,705€27,001€98,001€99,678€90,602€84,409€58,017▼ 31.3%
Equity10/15€27,769€23,779€52,238€52,936€58,820€33,210€18,965▼ 42.9%
Contributions10/11€7,000-€7,000€7,000€7,000€7,000€7,000=
Revaluation surpluses12----€5,126€5,509€5,112▼ 7.2%
Reserves13€20,769€16,779€45,238€45,936€46,693€20,701€6,853▼ 66.9%
Non-distributable reserves130/1--€1,039€1,039€1,039€1,039€1,039=
Reserves not available under the articles1311--€1,039€1,039€1,039€1,039€1,039=
Distributable reserves133--€44,199€44,897€45,654€19,662€5,814▼ 70.4%
Amounts payable17/49€10,937€3,222€45,764€46,742€31,782€51,200€39,051▼ 23.7%
Amounts payable within one year42/48€10,937€3,222€45,764€46,742€31,782€51,200€39,051▼ 23.7%
Current portion of amounts payable after more than one year42----€4,742€4,772--
Trade debts44€229€1,835€662€5,547€213€1,392€304▼ 78.2%
Suppliers440/4--€662€5,547€213€1,392€304▼ 78.2%
Taxes, remuneration and social security45--€25,101€3,196--€198-
Taxes450/3--€25,101€3,196--€198-
Other amounts payable47/48--€20,000€38,000€26,828€45,036€38,549▼ 14.4%
Line2020202120222023202420252026Change
Profit (loss) for the period9904€20,769-€3,990€48,459€38,698€24,758-€25,993-€13,847▲ 46.7%
+ Depreciation and write-downs630-€254€747€1,067€1,118€622€1,335▲ 115%
Operating cash flow (approximation)€20,769-€3,735€49,206€39,765€25,876-€25,371-€12,512▲ 50.7%
Investment in fixed assets (approximation)-€13,375€2,219-€1,954€5,500€0-€24,175-
Change in cash-€4,531€8,889-€13,687€3,287-€4,248€4,291-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-03-2026 micro format 16-10-2026 2026-00560970 NBB
31-03-2025 micro format 21-10-2025 2025-00546565 PDF
31-03-2024 micro format 31-10-2024 2024-00524370 PDF
31-03-2023 micro format 04-11-2023 2023-00507808 PDF
31-03-2022 micro format 14-11-2022 2022-20519552 PDF
31-03-2021 micro format 26-11-2021 2021-78400030 PDF
31-03-2020 micro format 13-11-2020 2020-70200354 PDF

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