A2D Consulting
ActiveSummary
A2D Consulting has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €496. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+16
Solvency51▼-21
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.82 against 1.49 in 2024; short-term debt: 56.2% and cash: 22.1% of total assets), and 73.8% of the assets are financed with debt.
Credit advice 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 71
Relative position
BE, all sectors
reference
Sector 71
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
0.4%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
41 d early
2023
on the day
2022
30 d late
2021
19 d early
2020
24 d late
2019
5 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 49.0%
2024 · €60k
2018: €42k
2019: €13k
2020: €23k
2021: €31k
2022: €43k
2023: €68k
2024: €60k
2018 → 2025
Total assets
€117k▼ 8.5%
2024 · €128k
2018: €74k
2019: €42k
2020: €61k
2021: €54k
2022: €76k
2023: €148k
2024: €128k
2018 → 2025
Net result
€496
2024 · €-8k
2018: €1k
2019: €-28k
2020: €10k
2021: €8k
2022: €12k
2023: €25k
2024: €-8k
2018 → 2025
Working capital
€-12k
2024 · €18k
2018: €36k
2019: €8k
2020: €26k
2021: €32k
2022: €44k
2023: €103k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€43k▲ 39.6%€68k▲ 57.6%€60k▼ 11.6%€31k▼ 49.0%
Operating result€11k-€20k▲ 88.1%€40k▲ 99.5%€-6k€7k
Net result€8k-€12k▲ 55.1%€25k▲ 103%€-8k€496
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€63k ▼ 15.3%
Current assets
€54k ▲ 1.0%
Equity and liabilities €117k
Equity
€31k ▼ 49.0%
Debt
€87k ▲ 27.6%
Debt's share of the balance-sheet total rises from 52.9% to 73.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▲
2024 · €12k
Cash flow
€19k▲
2024 · €11k
Current ratio
0.82▼
2024 · 1.49
Debt to equity
2.82▲
2024 · 1.13
ROE
1.6%▲
2024 · -13.2%
ROA
0.4%▲
2024 · -6.2%
Interest coverage
12.65▲
2024 · 4.99
Debt ≤ 1 year
€66k▲
2024 · €36k
Debt > 1 year
€21k▼
2024 · €32k
Income taxes
€6k▲
2024 · €757
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€128k€117k▼
Fixed assets21/28€74k€63k▼
Tangible fixed assets22/27€72k€61k▼
Furniture and vehicles24€68k€53k▼
Other tangible fixed assets26€4k€8k▲
Financial fixed assets28€2k€2k=
Current assets29/58€54k€54k▲
Amounts receivable within one year40/41€30k€25k▼
Other amounts receivable41€30k€25k▼
Cash at bank and in hand54/58€21k€26k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€128k€117k▼
Equity10/15€60k€31k▼
Contributions10/11€7k€7k=
Reserves13€57k€27k▼
Distributable reserves133€57k€27k▼
Profit (loss) carried forward14€-3k€-3k▲
Amounts payable17/49€68k€87k▲
Amounts payable after more than one year17€32k€21k▼
Financial debts170/4€32k€21k▼
Amounts payable within one year42/48€36k€66k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€773€2k▲
Credit institutions430/8€773€2k▲
Trade debts44€837€910▲
Suppliers440/4€837€910▲
Taxes, remuneration and social security45€24k€22k▼
Taxes450/3€24k€22k▼
Other amounts payable47/48-€30k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€20k€27k▲
Operating profit (loss)9901€-6k€7k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-7k€6k▲
Income taxes67/77€757€6k▲
Profit (loss) for the period9904€-8k€496▲
Profit (loss) for the period to be appropriated9905€-8k€496▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-3k▲
Profit (loss) brought forward from the previous period14P€5k€-3k▼
Transfer from equity791/2-€30k
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (10 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
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €496
Net result €496 after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €25k ▲103%
Operating result €40k, net result €25k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Weakest financial yearnet €-28k ▼2138%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2009
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.
Avenue Fructidor 541410 WaterlooGround area
1,506 m²
Building footprint
283 m²
Volume, LiDAR
1,727 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A2D Consulting
since 20092.179.792.512
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110B0613/00S002 | Wallonia | 798 m² | 1 · 158 m² | 7.8 m · 2 fl. |
| 25763I0875/00R000 | Wallonia | 708 m² | 1 · 124 m² | 9.4 m · 2 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.
Similar companies · same sector, comparable size
AGENORIA CONSULTING
BE 0799.479.839
Gesves · Eq €30,739
DJD-Cad Services
BE 0830.180.141
Ath · Eq €30,722
A2Z-MC
BE 1025.179.934
Beveren-Kruibeke-Zwijndrecht · Eq €30,766
Cs Safety
BE 0779.760.135
Schilde · Eq €30,784
Willisawat
BE 1002.658.316
Ukkel · Eq €30,796
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.