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ACCELIUM

Active
Private limited companyfounded 2017active for 9 yearsBijlkensveldstraat 7, 3080 Tervuren, BelgiumKBO/BCE: BE 0675.830.177

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 27-10-2026 at the NBB all 8 filings

Turnover
≈ €160,000
Estimated: probably between €120,000 and €200,000
Total assets
€191,244▲ 0.8%
2025 · €189,721
Net result
€48,411▼ 11.5%
2025 · €54,720
Working capital
€166,582▲ 44.5%
2025 · €115,243
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is 10% lower than in 2025.

Operating result€72,545 2026 Net result€48,411 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
Line20192020202120222023202420252026
Operating result€54,406-€23,264▼ 57.2%€25,178▲ 8.2%€20,035▼ 20.4%€25,786▲ 28.7%€70,594▲ 174%€80,983▲ 14.7%€72,545▼ 10.4%
Net result€32,835-€16,844▼ 48.7%€18,254within the sector's middle half▲ 8.4%€12,790within the sector's middle half▼ 29.9%€13,237within the sector's middle half▲ 3.5%€46,257within the sector's middle half▲ 249%€54,720within the sector's middle half▲ 18.3%€48,411▼ 11.5%
Equity€45,235-€62,080▲ 37.2%€80,333within the sector's middle half▲ 29.4%€93,123within the sector's middle half▲ 15.9%€106,360within the sector's middle half▲ 14.2%€121,641within the sector's middle half▲ 14.4%€128,474within the sector's middle half▲ 5.6%€176,885▲ 37.7%
Total assets€89,566-€79,954▼ 10.7%€107,302within the sector's middle half▲ 34.2%€110,006within the sector's middle half▲ 2.5%€117,682within the sector's middle half▲ 7.0%€164,272within the sector's middle half▲ 39.6%€189,721within the sector's middle half▲ 15.5%€191,244▲ 0.8%
Debt€44,331-€17,874▼ 59.7%€26,969▲ 50.9%€16,883▼ 37.4%€11,322▼ 32.9%€42,631▲ 277%€61,247▲ 43.7%€14,360▼ 76.6%
Working capital€44,893-€62,053▲ 38.2%€70,767within the sector's middle half▲ 14.0%€76,735within the sector's middle half▲ 8.4%€83,914within the sector's middle half▲ 9.4%€102,038within the sector's middle half▲ 21.6%€115,243within the sector's middle half▲ 12.9%€166,582▲ 44.5%
Solvency50.5%-77.6%▲ 27.1pp74.9%within the sector's middle half▼ 2.8pp84.7%above the sector's middle half▲ 9.8pp90.4%above the sector's middle half▲ 5.7pp74.0%within the sector's middle half▼ 16.3pp67.7%within the sector's middle half▼ 6.3pp92.5%▲ 24.8pp
Current ratio2.01-4.47▲ 2.463.62within the sector's middle half▼ 0.855.55above the sector's middle half▲ 1.928.41above the sector's middle half▲ 2.873.39within the sector's middle half▼ 5.022.88within the sector's middle half▼ 0.5112.60▲ 9.72
Return on assets (ROA)36.7%-21.1%▼ 15.6pp17.0%within the sector's middle half▼ 4.1pp11.6%within the sector's middle half▼ 5.4pp11.2%within the sector's middle half▼ 0.4pp28.2%within the sector's middle half▲ 16.9pp28.8%within the sector's middle half▲ 0.7pp25.3%▼ 3.5pp
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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €191,244
Fixed assets €10,303 ▼ 22.1%
Current assets €180,941 ▲ 2.5%
Equity and liabilities €191,244
Equity €176,885 ▲ 37.7%
Debt €14,360 ▼ 76.6%
Debt's share of the balance-sheet total falls from 32.3% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€76,454▼
2025 · €87,356
Cash flow
€52,321▼
2025 · €61,093
Debt to equity
0.08▼
2025 · 0.48
ROE
27.4%▼
2025 · 42.6%
Interest coverage
over 100
2025 · over 100
Debt ≤ 1 year
€14,360▼
2025 · €61,247
Income taxes
€26,179▼
2025 · €27,736
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets€9,191€11,420€4,000-€982
Depreciation and write-downs of the year€2,368€5,362€6,322€6,373€3,909

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as ACCELIUM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €167,000 and €204,000, founded between 2016 and 2018.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ACCELIUM Tervuren2017€191,244€176,885€77,489€48,4112026
SJB Consulting Tervuren2016€185,061€104,091€86,527€70,0042025
NAMERON CONSULTING Tervuren2018€166,713€48,353€84,160€54,3902025
AMBEO Pajottegem2017€192,973€53,270€81,078€27,8892025
Dcon Tremelo2017€198,971€119,378€76,693€19,3742025
SAB MANAGEMENT Wemmel2016€203,583€121,307€75,682€47,9902025
BK 44 Linkebeek2016€198,136€73,660€87,233€53,2002025

They were chosen from the 54,694 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, 26,972 companies had the same profile as ACCELIUM has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ACCELIUM itself is lower: < 0.1% within 12 months. It rests on far more data about ACCELIUM than the profile alone.

Test of the method

The method was tested on the 497,446 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 26,972 companies, not a prediction for ACCELIUM. 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 27-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€189,721€191,244▲
Fixed assets21/28€13,231€10,303▼
Tangible fixed assets22/27€13,231€10,303▼
Plant, machinery and equipment23€848€450▼
Furniture and vehicles24€9,619€7,556▼
Other tangible fixed assets26€2,763€2,297▼
Current assets29/58€176,490€180,941▲
Amounts receivable within one year40/41€18,809€23,648▲
Trade receivables40€18,150€23,642▲
Other amounts receivable41€659€6▼
Current investments50/53€0€100,000▲
Cash at bank and in hand54/58€157,395€57,000▼
Deferred charges and accrued income490/1€286€294▲
Equity and liabilities
Total equity and liabilities10/49€189,721€191,244▲
Equity10/15€128,474€176,885▲
Contributions10/11€12,400€12,400=
Reserves13€116,074€164,485▲
Distributable reserves133€116,074€164,485▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€61,247€14,360▼
Amounts payable within one year42/48€61,247€14,360▼
Trade debts44€245€1,456▲
Suppliers440/4€245€1,456▲
Taxes, remuneration and social security45€13,115€7,791▼
Taxes450/3€13,115€7,791▼
Other amounts payable47/48€47,888€5,113▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,373€3,909▼
Other operating charges640/8€1,009€1,034▲
Gross operating margin9900€88,365€77,489▼
Operating profit (loss)9901€80,983€72,545▼
Financial income75/76B€1,629€2,332▲
Recurring financial income75€1,629€2,332▲
Financial charges65/66B€156€287▲
Recurring financial charges65€156€287▲
Profit (loss) for the period before taxes9903€82,456€74,590▼
Income taxes67/77€27,736€26,179▼
Profit (loss) for the period9904€54,720€48,411▼
Profit (loss) for the period to be appropriated9905€54,720€48,411▼
Appropriation of the result
Profit (loss) to be appropriated9906€54,720€48,411▼
Transfer from equity791/2€47,888€0▼
Transfer to equity691/2€54,720€48,411▼
To other reserves6921€54,720€48,411▼
Profit to be distributed694/7€47,888€0▼
Return on contributions (dividend)694€47,888€0▼

The notes to these accounts have 6 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.

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€606€316€70€2,368€5,362€6,322€6,373€3,909▼ 38.7%
Other operating charges640/8---€348€1,264€1,081€1,009€1,034▲ 2.5%
Gross operating margin9900€55,757€23,927€25,595€22,750€32,412€77,997€88,365€77,489▼ 12.3%
Operating profit (loss)9901€54,406€23,264€25,178€20,035€25,786€70,594€80,983€72,545▼ 10.4%
Financial income75/76B---€126€160€708€1,629€2,332▲ 43.1%
Recurring financial income75--€0€126€160€708€1,629€2,332▲ 43.1%
Financial charges65/66B---€298€369€159€156€287▲ 84.1%
Recurring financial charges65€28€15€35€298€369€159€156€287▲ 84.1%
Profit (loss) for the period before taxes9903€54,379€23,249€25,142€19,863€25,577€71,143€82,456€74,590▼ 9.5%
Income taxes67/77€21,543€6,405€6,889€7,073€12,340€24,886€27,736€26,179▼ 5.6%
Profit (loss) for the period9904€32,835€16,844€18,254€12,790€13,237€46,257€54,720€48,411▼ 11.5%
Profit (loss) for the period to be appropriated9905€32,835€16,844€18,254€12,790€13,237€46,257€54,720€48,411▼ 11.5%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€89,566€79,954€107,302€110,006€117,682€164,272€189,721€191,244▲ 0.8%
Fixed assets21/28€343€26€9,566€16,388€22,446€19,603€13,231€10,303▼ 22.1%
Tangible fixed assets22/27€343€26€9,566€16,388€22,446€19,603€13,231€10,303▼ 22.1%
Plant, machinery and equipment23----€1,645€1,247€848€450▼ 46.9%
Furniture and vehicles24---€12,226€17,106€15,127€9,619€7,556▼ 21.4%
Other tangible fixed assets26---€4,162€3,696€3,229€2,763€2,297▼ 16.9%
Current assets29/58€89,224€79,928€97,736€93,618€95,235€144,669€176,490€180,941▲ 2.5%
Amounts receivable within one year40/41-€35,536€4,143€28€20,195€18,952€18,809€23,648▲ 25.7%
Trade receivables40----€18,150€18,150€18,150€23,642▲ 30.3%
Other amounts receivable41---€28€2,045€802€659€6▼ 99.1%
Current investments50/53-----€100,000€0€100,000-
Cash at bank and in hand54/58€74,224€44,391€93,593€93,590€74,795€25,455€157,395€57,000▼ 63.8%
Deferred charges and accrued income490/1----€245€262€286€294▲ 2.7%
Equity and liabilities
Total equity and liabilities10/49€89,566€79,954€107,302€110,006€117,682€164,272€189,721€191,244▲ 0.8%
Equity10/15€45,235€62,080€80,333€93,123€106,360€121,641€128,474€176,885▲ 37.7%
Contributions10/11€12,400--€12,400€12,400€12,400€12,400€12,400=
Reserves13€32,835€49,680€67,933€80,723€93,960€109,241€116,074€164,485▲ 41.7%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€78,863€92,100€109,241€116,074€164,485▲ 41.7%
Profit (loss) carried forward14-----€0€0€0-
Amounts payable17/49€44,331€17,874€26,969€16,883€11,322€42,631€61,247€14,360▼ 76.6%
Amounts payable within one year42/48€44,331€17,874€26,969€16,883€11,322€42,631€61,247€14,360▼ 76.6%
Trade debts44€6,025--€3,474€43€2,286€245€1,456▲ 495%
Suppliers440/4---€3,474€43€2,286€245€1,456▲ 495%
Taxes, remuneration and social security45---€10,663€11,278€9,369€13,115€7,791▼ 40.6%
Taxes450/3---€10,663€11,278€9,369€13,115€7,791▼ 40.6%
Other amounts payable47/48---€2,746€0€30,975€47,888€5,113▼ 89.3%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€32,835€16,844€18,254€12,790€13,237€46,257€54,720€48,411▼ 11.5%
+ Depreciation and write-downs630€606€316€70€2,368€5,362€6,322€6,373€3,909▼ 38.7%
Operating cash flow (approximation)€33,441€17,160€18,324€15,158€18,599€52,579€61,093€52,321▼ 14.4%
Investment in fixed assets (approximation)-€0-€9,610-€9,191-€11,420-€3,479€0-€982-
Change in cash--€29,832€49,201-€3-€18,794-€49,340€131,940-€100,396-

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 (8)
Financial year Type Filed Reference Document
31-03-2026 micro format 27-10-2026 2026-00569590 NBB
31-03-2025 micro format 09-10-2025 2025-00537051 PDF
31-03-2024 micro format 08-10-2024 2024-00503053 PDF
31-03-2023 micro format 28-09-2023 2023-00457561 PDF
31-03-2022 micro format 07-10-2022 2022-20454911 PDF
31-03-2021 micro format 04-11-2021 2021-76500274 PDF
31-03-2020 micro format 25-09-2020 2020-55900242 PDF
31-03-2019 micro format 24-09-2019 2019-66100344 PDF

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