AHDS Management
ActiveFor AHDS Management, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €833k and a net result of €-146k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 4425 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability9▼-91
Solvency68▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
43.2%
Return on assets
-7.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline19-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-11-2025, 472 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
472 d late
2022
192 d late
2021
189 d late
2020
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€1.76M
EBIT margin
50.9%
Net result
€-146k
2022 · €632k
2020: €1.82M
2021: €-32k
2022: €632k
2020 → 2023
Working capital
€1.37M▲ 865%
2022 · €142k
2020: €375k
2021: €342k
2022: €142k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€1.76M
Equity€379k-€347k▼ 8.5%€979k▲ 182%€833k▼ 14.9%
Operating result€2.44M-€132k▼ 94.6%€894k▲ 579%€-59k
Net result€1.82M-€-32k€632k€-146k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €59k after €894k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.93M
Fixed assets
€3▼ 100.0%
Current assets
€1.93M▲ 43.1%
Equity and liabilities €1.93M
Equity
€833k▼ 14.9%
Debt
€1.10M▼ 9.1%
The debt ratio rises from 55.2% to 56.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-59k▼
2022 · €896k
Cash flow
€-145k▼
2022 · €634k
Solvency
43.2%▼
2022 · 44.8%
Current ratio
3.44▲
2022 · 1.12
Quick ratio
3.44▲
2022 · 1.12
Debt / equity
1.32▲
2022 · 1.23
ROE
-17.5%▼
2022 · 64.6%
ROA
-7.6%▼
2022 · 28.9%
Interest coverage
-44.52▼
2022 · 38.07
Debt
€1.10M▼
2022 · €1.21M
Debt ≤ 1 year
€561k▼
2022 · €1.21M
Debt > 1 year
€535k
Income taxes
€12k▼
2022 · €239k
Staff costs
€379▼
2022 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€2.19M€1.93M▼
Fixed assets21/28€837k€3▼
Tangible fixed assets22/27€927€0▼
Plant, machinery and equipment23€927€0▼
Financial fixed assets28€836k€3▼
Affiliated companies280/1€836k€3▼
Participating interests280€836k€3▼
Current assets29/58€1.35M€1.93M▲
Amounts receivable after more than one year29-€803k
Other amounts receivable291-€803k
Amounts receivable within one year40/41€6k€1.12M▲
Other amounts receivable41€6k€1.12M▲
Cash at bank and in hand54/58€1.34M€3k▼
Deferred charges and accrued income490/1€0€0=
Equity and liabilities
Total equity and liabilities10/49€2.19M€1.93M▼
Equity10/15€979k€833k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€911k€765k▼
Amounts payable17/49€1.21M€1.10M▼
Amounts payable after more than one year17-€535k
Other amounts payable178/9-€535k
Amounts payable within one year42/48€1.21M€561k▼
Current portion of amounts payable after more than one year42-€268k
Trade debts44€54k€7k▼
Suppliers440/4€54k€7k▼
Taxes, remuneration and social security45€314k€254k▼
Taxes450/3€280k€254k▼
Remuneration and social security454/9€34k€0▼
Other amounts payable47/48€838k€33k▼
Income statement
Code20222023
Operating income70/76A€1.76M€2k▼
Turnover70€1.76M-
Other operating income74€18€2k▲
Operating charges60/66A€863k€61k▼
Services and other goods61€681k€52k▼
Remuneration, social security and pensions62€179k€379▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€927▼
Other operating charges640/8€2k€8k▲
Operating profit (loss)9901€894k€-59k▼
Financial income75/76B-€289
Recurring financial income75-€289
Other financial income752/9-€289
Financial charges65/66B€24k€74k▲
Recurring financial charges65€24k€1k▼
Debt charges650€24k€1k▼
Other financial charges652/9-€0
Non-recurring financial charges66B-€73k
Profit (loss) for the period before taxes9903€871k€-134k▼
Income taxes67/77€239k€12k▼
Taxes670/3€239k€29k▼
Tax adjustments and reversals of tax provisions77-€17k
Profit (loss) for the period9904€632k€-146k▼
Profit (loss) for the period to be appropriated9905€632k€-146k▼
Appropriation of the result
Profit (loss) to be appropriated9906€911k€765k▼
Profit (loss) brought forward from the previous period14P€279k€911k▲
Social balance
Average headcount (FTE)90870.2-
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 472 days late
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 192 days late
2023
31-12
Financial
Weakest financial yearnet €-146k ▼123%
Net result drops to €-146k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.44
Current ratio from 1.12 to 3.44; short-term debt falls from €1.21M to €561k.
05-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 189 days late
2022
31-12
Financial
Back to profitnet €632k
Net result €632k after one loss-making year.
31-12
Financial
Equity above €500kEq €979k ▲182%
Equity rises from €347k to €979k.
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-04-2026
FJ INTERNATIONAL INVEST: Resigned as Director
23-04-2026
Sophie Pécriaux: Resigned as Director
23-12-2024
Quentin VERCAUTEREN DRUBBEL: Resigned as Director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2019
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.
Lied Van Sotternieënlaan 191050 ElseneGround area
1,472 m²
Building footprint
199 m²
Volume, LiDAR
3,108 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AHDS Management
since 20192.296.995.830
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02B088 | Brussels | 1,194 m² | 1 · 199 m² | 18.6 m · 5 fl. |
| 21444B0129/00S005 | Brussels | 277 m² | - | - |
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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 29,806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-12-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.