Equity
€40,106 ▼ 33.5%
ACCEL paid out €833 in dividends in a year with a loss of €19,376.
ACCEL
Overview
Lifetime
5 annual accounts with figures on one time axispeak €44,333 (2024)
€41,681▼ 6.0%
lowest -€19,376 (2025)
-€19,376▼ €22,925
peak €60,315 (2024)
€40,106▼ 33.5%
€17,299▲ 153%
Board1 name since 2021
1 directorKU Nicolas Kah Feï André
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Loss of €19,376Registered office moved from La Huipe to Genappe 30-12Dividend €833Equity from €60,315 to €40,106Debts from €6,833 to €17,299Cash from €33,572 to €8,718
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Investments
€2,375 32.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.20 was 9.83 in 2024
Short-term debts rose from €6,833 to €17,211.
Filings
5 annual accounts 1 late
The 2024 accounts came 19 days late. The other four were filed on time.
Position in the sector
-€19,376
Lower net result than 92% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
83
Excellent
Financially stronger than 35% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €57,405
Liquidity: current ratio 3.20, cash €8,718, halved
Calculation
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 66% of them on solvency, 47% on liquidity, 9% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as ACCEL has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ACCEL itself is lower: 0.3% within 12 months. It rests on far more data about ACCEL than the profile alone.
Test of the method
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 3,591 companies, not a prediction for ACCEL. 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.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.2 (9.83 in 2024), above the usual 1.5. Short-term debt is 30% and cash 15.2% of total assets. 30.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
9 days early
2024
19 days late
2023
6 days early
2022
on the day
2021
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average on the deadline day. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from La Huipe to Genappe
New registered office: Rue de la Grande Aigrette 6, 1471 Genappe · Previous registered office: Place A. Favresse 63/A, 1310 La Huipe · Board meeting of 03-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0767430643
First establishment
Accel SRL, Rue de la Grande Aigrette 6, Genappe
Incorporation
Founding capital of €5,000, 100 shares · Founder: KU Nicolas Kah Feï André (comparant) · Appointment: KU Nicolas Kah Feï André (director) · published on 27-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ACCEL Genappe | €57,405 | €41,681 | 69.9% | - |
| Courage 2B Walhain | €63,239 | €41,421 | 25.8% | - |
| Nest Consult Rebecq | €58,251 | €36,850 | 83.7% | - |
| PASTEEL CONSULT Tubize | €50,468 | €45,711 | 34.7% | - |
| SOUNDX Ottignies-Louvain-la-Neuve | €69,939 | €39,818 | 39.4% | - |
| DEWI MERCKX CONSULTING Braine-l'Alleud | €46,886 | €42,453 | 56.9% | - |
| TDT Services Jodoigne | €57,745 | €35,671 | 60.7% | - |
These companies have the same main activity as ACCEL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €46,900 and €69,900, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 23-04-2021Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.316.505.6961471 Genappe, since 01-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-05-2021
Annual accounts 2025
- €41,681▼ 6.0%
- €19,376
- €40,106▼ 33.5%
- €57,405▼ 14.5%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on ACCEL
ACCEL files the micro format. That format states no turnover. The gross margin rose from €26,077 in 2021 to €41,681 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadline€41,681
▼ 6.0%
€37,283
▼ 14.2%
-€19,376
▼ €22,925
€37,892
▼ 37.2%
69.9%
▼ 20.0 percentage points
3.20
▼ 6.63
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €73,000 and €170,000.
Balance sheet
balance sheet total €57,405 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
69.9%
Higher than 65% of 39,368 companies in 2025.
3.20
Higher than 65% of 38,051 companies in 2025.
-33.8%
Lower than 95% of 38,523 companies in 2025.
ACCEL
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
57,405 | 67,148 | 73,032 | 44,977 | 30,246 | |
21/28 |
2,302 | - | - | - | - | |
22/27 |
2,302 | - | - | - | - | |
26 |
2,302 | - | - | - | - | |
29/58 |
55,103 | 67,148 | 73,032 | 44,977 | 30,246 | |
40/41 |
24,872 | 31,371 | 26,029 | 21,393 | 16,932 | |
40 |
23,547 | 22,576 | 21,595 | 21,393 | 16,932 | |
41 |
1,325 | 8,795 | 4,434 | - | - | |
54/58 |
8,718 | 33,572 | 46,843 | 23,030 | 12,141 | |
490/1 |
21,513 | 2,204 | 160 | 554 | 1,173 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
57,405 | 67,148 | 73,032 | 44,977 | 30,246 | |
10/15 |
40,106 | 60,315 | 57,625 | 28,958 | 19,988 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
14 |
35,106 | 55,315 | 52,625 | 23,958 | 14,988 | |
17/49 |
17,299 | 6,833 | 15,408 | 16,019 | 10,258 | |
42/48 |
17,211 | 6,833 | 15,408 | 16,019 | 9,955 | |
42 |
5,075 | - | - | - | - | |
44 |
1,355 | 201 | 579 | 475 | 1,099 | |
440/4 |
1,355 | 201 | 579 | 475 | 1,099 | |
45 |
9,947 | 5,773 | 14,028 | 13,724 | 6,958 | |
450/3 |
7,447 | 5,773 | 14,028 | 13,724 | 6,958 | |
454/9 |
2,500 | - | - | - | - | |
47/48 |
833 | 859 | 800 | 1,820 | 1,898 | |
492/3 |
88 | - | - | 0 | 303 | |
| Income statement | ||||||
76A |
- | 0 | 6,305 | - | - | |
9900 |
41,681 | 44,333 | 41,900 | 22,394 | 26,077 | |
630 |
73 | - | - | 0 | 1,239 | |
640/8 |
4,325 | 899 | 1,045 | 5,503 | 5,503 | |
9901 |
37,283 | 43,434 | 40,855 | 16,891 | 19,335 | |
75/76B |
- | - | 0 | 0 | - | |
75 |
- | - | 0 | 0 | - | |
65/66B |
56,150 | 36,390 | 1,653 | 1,780 | 353 | |
65 |
56,150 | 36,390 | 1,653 | 1,780 | 353 | |
9903 |
-18,867 | 7,044 | 39,202 | 15,112 | 18,982 | |
67/77 |
509 | 3,495 | 9,736 | 5,341 | 3,994 | |
9904 |
-19,376 | 3,549 | 29,466 | 9,770 | 14,988 | |
9905 |
-19,376 | 3,549 | 29,466 | 9,770 | 14,988 | |
| Appropriation of the result | ||||||
9906 |
35,939 | 56,174 | 53,425 | 24,758 | 14,988 | |
14P |
55,315 | 52,625 | 23,958 | 14,988 | - | |
694/7 |
833 | 859 | 800 | 800 | - | |
694 |
833 | 859 | 800 | 800 | - | |
| Document | ||||||
The notes to these accounts have 14 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 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00317046 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00381618 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00282067 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00295133 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20228394 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 37,356 | - | - | 16,891 | 20,574 | ||
| -19,303 | - | - | 9,770 | 16,227 | ||
| 2,375 | - | - | 0 | - | ||
| -24,854 | -13,271 | 23,813 | 10,890 | - | ||
| 37,892 | 60,315 | 57,625 | 28,958 | 20,291 | ||
| 69.9% | 89.8% | 78.9% | 64.4% | 66.1% | ||
| 3.20 | 9.83 | 4.74 | 2.81 | 3.04 | ||
| 0.43 | 0.11 | 0.27 | 0.55 | 0.51 | ||
| -48.3% | 5.9% | 51.1% | 33.7% | 75.0% | ||
| -33.8% | 5.3% | 40.3% | 21.7% | 49.6% | ||
| 0.67 | - | - | 9.49 | 58.33 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,375 | - | - | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €73 | - | - | €0 | €1,239 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ACCEL
The operating result for 2025 is 14% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 10.2% to 30.1%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 19-04-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 22-07-2026
Mandates through the years
1 name, the dashed line is todayKU Nicolas Kah Feï André
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- KU Nicolas Kah Feï André
- Director (not named in the articles), from 19-04-2021 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €401 in 2025
- Source
- deed of 27-04-2021
Articles of association
deed of 27-04-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ASSEMBLEE GENERALE Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-04-2021 ↗
- KU Nicolas Kah Feï André 100 shares (100%) · €5,000 in cash
Network & group
No group
ACCEL has no parent and no holdings in its annual accounts. KU Nicolas Kah Feï André is the only director. ACCEL shares no director with another company.
The LEI register names no parent.
Timeline
Timeline
12 events since 2021Filings
Financial
Establishments
Address
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Weakest financial year net -€19,376 The net result drops to -€19,376, the lowest from 2021 to 2025.
Registered office moved from La Huipe to GenappeNew registered office: Rue de la Grande Aigrette 6, 1471 Genappe · Previous registered office: Place A. Favresse 63/A, 1310 La Huipe · Board meeting of 03-11-20252 points ▸
- Board meeting, 03-11-2025
- Registered-office move, Rue de la Grande Aigrette 6, 1471 Genappe
Annual accounts 2024 filed PDFmicro format · 19 days late
2024
Liquidity more than doubled current ratio 9.83 The current ratio rises from 4.74 to 9.83. Short-term debt falls from €15,408 to €6,833.
Annual accounts 2023 filed PDFmicro format · 6 days before the deadline
2023
Highest result from 2021 to 2025 net €29,466 ▲202% The net result of €29,466 is the highest of those years.
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Annual accounts 2021 filed PDFmicro format · 4 days before the deadline
2021
Registered in the Peppol Directory Reachable for e-invoices through 0208:0767430643
First establishment Accel SRL, Rue de la Grande Aigrette 6, Genappe
IncorporationFounding capital of €5,000, 100 shares · Founder: KU Nicolas Kah Feï André (comparant) · Appointment: KU Nicolas Kah Feï André (director) · published on 27-04-20215 points ▸
- Registered office clause, Place Alphonse Favresse 63 A, 1310 La Hulpe
- Director appointment, KU Nicolas Kah Feï André (director (not named in the articles))
- Founder, KU Nicolas Kah Feï André (comparant)
- Founding capital, €5,000, 100 shares
- 100 shares
- The deed holds 1 more point.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0767.430.643
- VAT number
- BE 0767.430.643
- Peppol ID
- 0208:0767430643
- LEI code
- 254900YEV05JI6W5A377 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-04-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ASSEMBLEE GENERALE Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier…”deed of 27-04-2021 (in French)
- Peppol
- Reachable since 12-05-2021Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ACCEL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-04-2021 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 27-04-2021 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La consultance,la formation en gestion des technologies,le développement d'applications de gestion automatisées,l'organisation d'évènements…”deed of 27-04-2021 (in French)
7 activities
- La consultance,la formation en gestion des technologies,le développement d'applications de gestion automatisées,l'organisation d'évènements
- La fourniture aux entreprises publiques et privées et aux particuliers de services de toute nature dans le cadre de missions de consultance et de conseil
- Le conseil en gestion de projets,en amélioration des processus,le conseil en gestion de la qualité des systèmes d’information,le développement et l’exploitation de système d’information et de site internet,toutes activités liées à l’électronique,l’engineering,les télécommunications,l’assistance technique et ingénierie de conseil
- La commercialisation,la vente,l’achat,la location et l’entretien de tous logiciels et matériels informatiques,de tout matériel électronique,tout matériel ou logiciel en rapport avec les multimédias,les communications et les télécommunications
- L’exploitation de données,hébergement et activités connexes
- La conception,l'exploitation,l'acquisition,la concession de tous brevets,licences,procédés,marques de fabrique et connaissances se rapportant directement ou indirectement aux activités précitées
- La constitution et la gestion d'un patrimoine immobilier et la location financement de biens immeubles aux tiers,l‘acquisition par l’achat ou autrement,la vente,l’échange,la construction,la reconstruction,la démolition,la transformation,l‘amélioration,la rénovation,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de tous immeubles bâtis,meublés ou non,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l’accroissement et le rapport d’un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Accel SRL registered office Rue de la Grande Aigrette 6, 1471 Genappe | 01-05-2021 | 2.316.505.696 |
1 former office
- Place A. Favresse 63/A, 1310 La Huipe until 03-11-2025 · deed of 30-12-2025