A5O
ActiveSummary
A5O has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €49k. Equity is growing by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 21% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-12
Solvency42▼-56
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.46 against 1.29 in 2024; short-term debt: 82.6% and cash: 26.1% of total assets), and 83% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
17%
Return on assets
12%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 21%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
55 d late
2023
23 d late
2022
29 d late
2021
22 d late
2020
26 d late
2019
122 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 75.4%
2024 · €283k
Total assets
€410k▲ 5.5%
2024 · €388k
Net result
€49k▼ 42.7%
2024 · €86k
Working capital
€-181k
2024 · €30k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33k▲ 157%€28k▼ 16.6%€138k▲ 396%€110k▼ 20.3%€63k▼ 42.8%
Net result€25k▲ 166%€20k▼ 19.7%€106k▲ 421%€86k▼ 19.0%€49k▼ 42.7%
Equity€71k▲ 55.6%€91k▲ 28.7%€197k▲ 116%€283k▲ 43.6%€70k▼ 75.4%
Total assets€338k▲ 3.0%€375k▲ 11.1%€438k▲ 16.8%€388k▼ 11.4%€410k▲ 5.5%
Debt€267k▼ 5.5%€284k▲ 6.5%€241k▼ 15.1%€105k▼ 56.3%€340k▲ 223%
Working capital€-205k▲ 17.6%€-163k▲ 20.4%€-49k▲ 70.1%€30k€-181k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410k
Fixed assets
€252k ▼ 0.7%
Current assets
€157k ▲ 17.3%
Equity and liabilities €410k
Equity
€70k ▼ 75.4%
Debt
€340k ▲ 223%
Debt's share of the balance-sheet total rises from 27.1% to 83.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€78k▼
2024 · €123k
Cash flow
€64k▼
2024 · €99k
Current ratio
0.46▼
2024 · 1.29
Debt to equity
4.88▲
2024 · 0.37
ROE
70.6%▲
2024 · 30.3%
ROA
12.0%▼
2024 · 22.1%
Interest coverage
111.37▲
2024 · 55.80
Debt ≤ 1 year
€338k▲
2024 · €104k
Income taxes
€14k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €19k | €16k | €13k | €15k | ▲ 14.6% |
| Other operating charges640/8 | €4k | €6k | €4k | €10k | €6k | ▼ 40.8% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €58k | €53k | €159k | €134k | €87k | ▼ 35.0% |
| Operating profit (loss)9901 | €33k | €28k | €138k | €110k | €63k | ▼ 42.8% |
| Financial income75/76B | €6 | €10 | - | €2k | €962 | ▼ 49.9% |
| Recurring financial income75 | €6 | €10 | - | €2k | €962 | ▼ 49.9% |
| Financial charges65/66B | €105 | €125 | €124 | €2k | €699 | ▼ 68.3% |
| Recurring financial charges65 | €105 | €125 | €124 | €2k | €699 | ▼ 68.3% |
| Profit (loss) for the period before taxes9903 | €33k | €28k | €138k | €110k | €63k | ▼ 42.4% |
| Income taxes67/77 | €8k | €7k | €32k | €24k | €14k | ▼ 41.6% |
| Profit (loss) for the period9904 | €25k | €20k | €106k | €86k | €49k | ▼ 42.7% |
| Profit (loss) for the period to be appropriated9905 | €25k | €20k | €106k | €86k | €49k | ▼ 42.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €338k | €375k | €438k | €388k | €410k | ▲ 5.5% |
| Fixed assets21/28 | €277k | €262k | €248k | €254k | €252k | ▼ 0.7% |
| Intangible fixed assets21 | €11k | €4k | - | - | - | - |
| Tangible fixed assets22/27 | €264k | €257k | €247k | €253k | €251k | ▼ 0.7% |
| Furniture and vehicles24 | €884 | €3k | €3k | €5k | €15k | ▲ 222% |
| Other tangible fixed assets26 | €263k | €254k | €243k | €248k | €236k | ▼ 5.0% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €61k | €113k | €190k | €134k | €157k | ▲ 17.3% |
| Amounts receivable within one year40/41 | €3k | €16k | €62k | €28k | €49k | ▲ 76.7% |
| Trade receivables40 | €3k | €16k | €62k | €26k | €22k | ▼ 15.1% |
| Other amounts receivable41 | - | €182 | €474 | €1k | €26k | ▲ 1,788% |
| Current investments50/53 | - | - | €60k | €30k | - | - |
| Cash at bank and in hand54/58 | €56k | €94k | €67k | €75k | €107k | ▲ 43.2% |
| Deferred charges and accrued income490/1 | €3k | €4k | €1k | €2k | €2k | ▼ 12.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €338k | €375k | €438k | €388k | €410k | ▲ 5.5% |
| Equity10/15 | €71k | €91k | €197k | €283k | €70k | ▼ 75.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | €19k | - | - |
| Issued capital100 | €19k | €19k | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €50k | €71k | €177k | €262k | €49k | ▼ 81.2% |
| Amounts payable17/49 | €267k | €284k | €241k | €105k | €340k | ▲ 223% |
| Amounts payable within one year42/48 | €266k | €276k | €239k | €104k | €338k | ▲ 225% |
| Trade debts44 | €365 | €2k | €515 | €2k | €1k | ▼ 24.6% |
| Suppliers440/4 | €365 | €2k | €515 | €2k | €1k | ▼ 24.6% |
| Taxes, remuneration and social security45 | €1k | €15k | €21k | €23k | €12k | ▼ 45.8% |
| Taxes450/3 | €1k | €8k | €21k | €23k | €5k | ▼ 76.8% |
| Remuneration and social security454/9 | - | €7k | - | - | €7k | - |
| Other amounts payable47/48 | €264k | €259k | €218k | €79k | €325k | ▲ 309% |
| Accrued charges and deferred income492/3 | €1k | €8k | €2k | €1k | €2k | ▲ 12.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €20k | €106k | €86k | €49k | ▼ 42.7% |
| + Depreciation and write-downs630 | €20k | €19k | €16k | €13k | €15k | ▲ 14.6% |
| Operating cash flow (approximation) | €45k | €40k | €122k | €99k | €64k | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | €-5k | €-2k | €-19k | €-13k | ▲ 32.9% |
| Change in cash | - | €38k | €-27k | €8k | €32k | ▲ 311% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Resignation: André OSTACHKOV (non-statutory director)Appointments: André OSTACHKOV, Alice DOR and Adrien OSTACHKOV · Legal-form conversion · Reserve release14 facts ▸
State Gazette act
Resignation: André OSTACHKOV (non-statutory director)
Appointments: André OSTACHKOV, Alice DOR and Adrien OSTACHKOV · Legal-form conversion · Reserve release14 facts ▸
- Legal-form conversion, Société privée à responsabilité limitée -> Société à Responsabilité Limitée
- Reserve release, Suppression du compte de capitaux propres statutairement indisponibles et mise à disposition pour distribution
- Director resignation, André OSTACHKOV (non-statutory director)
- Director appointment, André OSTACHKOV (statutory director)
- Director appointment, Alice DOR (statutory director)
- Director appointment, Adrien OSTACHKOV (non-statutory director)
- Mandate compensation, André OSTACHKOV
- Mandate compensation, Alice DOR
- Mandate compensation, Adrien OSTACHKOV
- Statutes amendment
- Share issue, actions émises en rémunération des apports, non libérées à l'émission, 100
- Director appointment, André OSTACHKOV (managing director)
- +2 further facts in this act
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Equity above €200kEq €283k ▲43.6%
7 profitable years in a row build equity to €283k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €106k ▲421%
Operating result €138k, net result €106k, both a record.
31-12
Financial
Equity above €150kEq €197k ▲116%
6 profitable years in a row build equity to €197k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €10k ▼1.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26353157). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Adrien OSTACHKOV
CurrentNon-statutory director · since 22-07-2026
Alice DOR
CurrentStatutory director · since 22-07-2026
André OSTACHKOV
CurrentStatutory director · since 22-07-2026
22-07-2026
Adrien OSTACHKOV: Appointed as Non-statutory director
22-07-2026
Alice DOR: Appointed as Statutory director
22-07-2026
André OSTACHKOV: Resigned as Non-statutory director
22-07-2026
André OSTACHKOV: Appointed as Statutory director
22-07-2026
André OSTACHKOV: Appointed as Managing director
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 2018
Ground area
2,075 m²
Building footprint
259 m²
Parcel 25061A0045/00F002, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
A5O
since 20182.277.883.365
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061A0045/00F002 | Wallonia | 2,075 m² | 1 · 259 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
“Sans préjudice du pouvoir de représentation général de l'organe d'administration comme collège, la société est valablement engagée, en et hors justice, par tous les actes qui sont signés par deux administrateurs agissant conjointement dont l'un au moins est un administrateur statutaire.”
Purpose
I. Pour son propre compte, pour compte de tiers ou en participation avec des tiers, contribuer à l’établissement et au développement d’entreprises. Elle a notamment pour objet : A)…
Full purpose
I. Pour son propre compte, pour compte de tiers ou en participation avec des tiers, contribuer à l’établissement et au développement d’entreprises. Elle a notamment pour objet : A) de dispenser des service de consultance au sens large du terme... B) de concevoir, d’étudier, de promouvoir et de réaliser tous projets informatiques... C) d’effectuer des études, de programmer et de mettre en route des systèmes d’organisation... D) d’exécuter tous mandats d’administrateur et de gestions d’entreprises... E) le développement, l’achat, la vente, la prise de licences ou l’octroi de licences... F) la prestation de services administratifs et informatiques ; G) l’achat et la vente, l’importation et l’exportation... H) la recherche, le développement, la production ou la commercialisation de nouveaux produits... I) la contribution à la constitution de sociétés... J) La création, la promotion, la gestion et l’organisation de tous types d’évènements... II. Pour son propre compte : L’acquisition par souscription ou achat et la gestion d’actions... La constitution et la gestion d'un patrimoine immobilier... III. L'énumération qui précède n'est pas limitative...
Similar companies · same sector, comparable size
Hello Jo
BE 1018.200.288
Schilde · Eq €69,691
QA PROVIDING
BE 0759.647.778
Modave · Eq €69,662
BACE Consulting Group
BE 0682.594.047
Namur · Eq €69,660
REMEDUS PHARMA
BE 0480.727.149
Meise · Eq €69,657
KAMTOSA
BE 0806.119.191
Waasmunster · Eq €69,699
Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.