ALL YIELD
ActiveSummary
The computed 12-month bankruptcy probability of ALL YIELD is 3.7% (moderate). The 2025 annual accounts show negative equity (-€3.0m) and a net result of -€534,202. Equity has been shrinking by about 29% per year since 2018. Its solvency ranks better than 5% of 3,863 sector peers (NACE 70, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-02-2009 Normal situation
- Registered office
- 36 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.231.298.918 1000 Brussel, since 30-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Board and ownership
Board
- Fintea Management & Consulting ServicesDirector · since 01-12-2024
- ROYAL PROPERTY MANAGEMENTDirector · since 01-12-2024 · permanent representative Michael Lisman
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.7%
Annual accounts 2025
- Gross margin
- €745,752
- ▼ 7.9%
- Turnover
- ≈ €1.1m
- estimated
- Loss
- €534,202
- ▲ 81.3%
- Equity
- -€3.0m
- ▼ 21.4%
- Total assets
- €1.9m
- ▲ 16.4%
- Employees on 31-12-2025
- 9
- ▼ 10.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Net result -81%: other schema
Score breakdownraises riskLoss of €534,202, the second in a row (financial year 2025)Negative equity -€3.0m1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.90, cash €292,842Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency
0=
equity -157.9% of total assets
Liquidity
52+32
short-term debt 37.1% · cash 15.2%
Profitability
0=
return on assets -27.8%
Bankruptcy probability within 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.4%
01-2025: 4.4%● unchanged vs 12-2024
02-2025: 4.5%▲ +0.1 percentage points vs 01-2025
03-2025: 4.3%▼ -0.2 percentage points vs 02-2025
04-2025: 6.1%▲ +1.8 percentage points vs 03-2025highest value
05-2025: 5.3%▼ -0.8 percentage points vs 04-2025
06-2025: 5.2%▼ -0.1 percentage points vs 05-2025
07-2025: 5.5%▲ +0.3 percentage points vs 06-2025
08-2025: 5.1%▼ -0.4 percentage points vs 07-2025
09-2025: 4.9%▼ -0.2 percentage points vs 08-2025
10-2025: 4.1%▼ -0.8 percentage points vs 09-2025
11-2025: 4.8%▲ +0.7 percentage points vs 10-2025
12-2025: 4.8%● unchanged vs 11-2025
01-2026: 4.8%● unchanged vs 12-2025
02-2026: 5.0%▲ +0.2 percentage points vs 01-2026
03-2026: 4.8%▼ -0.2 percentage points vs 02-2026
04-2026: 4.8%● unchanged vs 03-2026
05-2026: 4.4%▼ -0.4 percentage points vs 04-2026
06-2026: 4.2%▼ -0.2 percentage points vs 05-2026
07-2026: 4.5%▲ +0.3 percentage points vs 06-2026
08-2026: 3.9%▼ -0.6 percentage points vs 07-2026
09-2026: 3.7%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: 3.7%● unchanged vs 09-2026lowest value
11-2026: 3.7%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is ample, with a current ratio of 1.9 (0.29 in 2024), above the usual 1.5. Short-term debt is 37.1% and cash 15.2% of total assets. However, equity is negative.
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 3% of them on solvency, 40% on liquidity, 4% on profitability and 22% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3.0m
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
68 days late
2023
58 days late
2022
61 days late
2021
88 days late
2020
109 days late
2019
70 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 69 days after the deadline. 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 30 September (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468970.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 16 filings
Turnover
≈ €1.1m
Estimated: probably between €880,000 and €2.1m
EBIT margin
Not included in this filing
Net result
-€534,202▼ 81.3%
2024 · -€294,593
Working capital
€639,531
2024 · -€2.9m
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€398,235
▼ 125%
2025
20182025
Net result
-€534,202
▼ 81.3%
2025
lowest quarter of the sector
20182025
Equity
-€3.0m
▼ 21.4%
2025
lowest quarter of the sector
20182025
Total assets
€1.9m
▲ 16.4%
2025
middle half of the sector
20182025
Debt
€5.0m
▲ 19.4%
2025
20182025
Working capital
€639,531
2025
middle half of the sector
20182025
Solvency
-157.9%
▼ 6.5pp
2025
lowest quarter of the sector
20182025
Current ratio
1.90
▲ 1.60
2025
middle half of the sector
20182025
Return on assets (ROA)
-27.8%
▼ 10.0pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
9.7
▲ 5.4%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.001m-€0.2m-€0.5m-€0.3m▲ 38.3%-€0.3m▲ 5.0%-€0.5m▼ 78.8%-€0.2m▲ 64.2%-€0.4m▼ 125%
Net result-€0.09m-€0.05m-€0.6mbelow the sector's middle half-€0.4mbelow the sector's middle half▲ 33.5%-€0.4mbelow the sector's middle half▲ 6.4%-€0.6mbelow the sector's middle half▼ 64.9%-€0.3mbelow the sector's middle half▲ 50.2%-€0.5mbelow the sector's middle half▼ 81.3%
Equity-€0.4m--€0.3m▲ 15.1%-€0.9mbelow the sector's middle half▼ 194%-€1.3mbelow the sector's middle half▼ 43.9%-€1.6mbelow the sector's middle half▼ 28.5%-€2.2mbelow the sector's middle half▼ 36.6%-€2.5mbelow the sector's middle half▼ 13.3%-€3.0mbelow the sector's middle half▼ 21.4%
Total assets€1.6m-€2.3m▲ 43.5%€1.0mwithin the sector's middle half▼ 58.5%€1.3mwithin the sector's middle half▲ 31.2%€1.2mwithin the sector's middle half▼ 2.1%€1.4mwithin the sector's middle half▲ 11.8%€1.7mwithin the sector's middle half▲ 20.6%€1.9mwithin the sector's middle half▲ 16.4%
Debt€2.0m-€2.6m▲ 33.0%€1.8m▼ 29.5%€2.5m▲ 37.2%€2.8m▲ 13.2%€3.6m▲ 25.9%€4.2m▲ 16.1%€5.0m▲ 19.4%
Working capital-€0.7m--€0.9m▼ 27.9%-€1.5mbelow the sector's middle half▼ 63.0%-€1.8mbelow the sector's middle half▼ 25.2%-€2.1mbelow the sector's middle half▼ 15.4%-€2.7mbelow the sector's middle half▼ 24.6%-€2.9mbelow the sector's middle half▼ 10.2%€0.6mwithin the sector's middle half
Solvency-21.9%--13.0%▲ 8.9pp-91.5%below the sector's middle half▼ 78.6pp-100.4%below the sector's middle half▼ 8.9pp-131.9%below the sector's middle half▼ 31.5pp-161.1%below the sector's middle half▼ 29.2pp-151.4%below the sector's middle half▲ 9.7pp-157.9%below the sector's middle half▼ 6.5pp
Current ratio0.64-0.65▲ 0.010.19below the sector's middle half▼ 0.460.26below the sector's middle half▲ 0.070.25below the sector's middle half▼ 0.010.26below the sector's middle half▲ 0.010.29below the sector's middle half▲ 0.041.90within the sector's middle half▲ 1.60
Return on assets (ROA)-5.6%-2.3%▲ 7.9pp-60.4%below the sector's middle half▼ 62.7pp-30.6%below the sector's middle half▲ 29.8pp-29.3%below the sector's middle half▲ 1.3pp-43.2%below the sector's middle half▼ 13.9pp-17.8%below the sector's middle half▲ 25.3pp-27.8%below the sector's middle half▼ 10.0pp
Staff (FTE)7.9-7.2▼ 8.9%6.1above the sector's middle half▼ 15.3%6.3above the sector's middle half▲ 3.3%8above the sector's middle half▲ 27.0%8.8above the sector's middle half▲ 10.0%9.2above the sector's middle half▲ 4.5%9.7within the sector's middle half▲ 5.4%
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.
The operating result for 2025 is a loss of €398,235, larger than the loss of €177,205 in 2024.
Large changes and their cause
- 2025 Net result -81% on 2024. The accounts now follow the full format, last year the abbreviated format.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€568,836 ▲ 32.4%
Current assets
€1.4m ▲ 10.7%
Equity and liabilities
Equity-€3.0m
Debt€5.0m
Equity is negative. Debt (€5.0m) exceeds the balance-sheet total (€1.9m).
Key figures and ratios
EBITDA
-€310,085▼
2024 · -€106,412
Cash flow
-€446,052▼
2024 · -€223,800
Interest coverage
-2.30▼
2024 · -0.91
Debt ≤ 1 year
€713,892▼
2024 · €4.2m
Debt > 1 year
€4.2m
Income taxes
€955
Staff costs
€885,318▲
2024 · €769,971
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 8 | 9 | 10 | 9 |
| full-time | 6 | 8 | 9 | 10 | 9 |
| in full-time equivalents | 6 | 8 | 9 | 10 | 9 |
| Average over the year, in full-time equivalents | 6.3 | 8 | 8.8 | 9.2 | 9.6 |
| On a permanent contract | 6 | 8 | 9 | 10 | 9 |
| Joined | 5 | 3 | 5 | 6 | 5 |
| Left | 6 | 1 | 4 | 5 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,382 | €930 | €6,199 | €36,085 | €212,877 |
| Intangible fixed assets | €37,216 | - | - | €11,268 | €14,609 |
| Depreciation and write-downs of the year | €70,055 | €74,772 | €71,494 | €70,793 | €88,150 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €373,717 | €578,590 | €685,163 | €769,971 | €885,318 | ▲ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,141 | €40,369 | €59,281 | €70,055 | €74,772 | €71,494 | €70,793 | €88,150 | ▲ 24.5% |
| Other operating charges640/8 | - | - | - | €21,974 | €67,064 | €105,847 | €145,809 | €170,519 | ▲ 16.9% |
| Gross operating margin9900 | €567,671 | €676,825 | €223,893 | €174,868 | €443,978 | €368,158 | €809,368 | €745,752 | ▼ 7.9% |
| Operating profit (loss)9901 | -€1,057 | €155,972 | -€471,282 | -€290,878 | -€276,448 | -€494,346 | -€177,205 | -€398,235 | ▼ 125% |
| Financial income75/76B | - | - | - | €0 | €68 | €5 | €0 | - | - |
| Recurring financial income75 | - | €4 | €2,474 | €0 | €68 | €5 | €0 | - | - |
| Financial charges65/66B | - | - | - | €92,338 | €81,912 | €96,895 | €117,388 | €135,012 | ▲ 15.0% |
| Recurring financial charges65 | €88,548 | €102,828 | €106,912 | €92,338 | €81,912 | €96,895 | €117,388 | €135,012 | ▲ 15.0% |
| Profit (loss) for the period before taxes9903 | -€89,605 | €53,147 | -€575,721 | -€383,216 | -€358,292 | -€591,236 | -€294,593 | -€533,247 | ▼ 81.0% |
| Income taxes67/77 | €264 | €247 | €447 | - | €278 | - | - | €955 | - |
| Profit (loss) for the period9904 | -€89,869 | €52,901 | -€576,168 | -€383,216 | -€358,569 | -€591,236 | -€294,593 | -€534,202 | ▼ 81.3% |
| Profit (loss) for the period to be appropriated9905 | -€89,869 | €52,901 | -€576,168 | -€383,216 | -€358,569 | -€591,236 | -€294,593 | -€534,202 | ▼ 81.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €2.3m | €1.0m | €1.3m | €1.2m | €1.4m | €1.7m | €1.9m | ▲ 16.4% |
| Fixed assets21/28 | €0.4m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 32.4% |
| Intangible fixed assets21 | - | - | €0.02m | €0.05m | €0.04m | €0.03m | €0.03m | €0.03m | ▼ 3.1% |
| Tangible fixed assets22/27 | €0.3m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | €0.5m | ▲ 40.7% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.5m | ▲ 45.6% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 18.4% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 13.3% |
| Financial fixed assets28 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Current assets29/58 | €1.2m | €1.7m | €0.4m | €0.7m | €0.7m | €0.9m | €1.2m | €1.4m | ▲ 10.7% |
| Amounts receivable within one year40/41 | €0.9m | €1.5m | €0.2m | €0.5m | €0.5m | €0.7m | €1.0m | €1.0m | ▲ 9.4% |
| Trade receivables40 | - | - | - | €0.2m | €0.5m | €0.7m | €1.0m | €1.0m | ▲ 9.8% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.004m | €0.004m | €0.006m | €0.002m | ▼ 64.3% |
| Current investments50/53 | €203 | €203 | €203 | €202 | €202 | €202 | €202 | €202 | ▼ 0.1% |
| Cash at bank and in hand54/58 | €0.3m | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | €0.3m | ▲ 13.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.05m | €0.05m | €0.008m | €0.01m | ▲ 79.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €2.3m | €1.0m | €1.3m | €1.2m | €1.4m | €1.7m | €1.9m | ▲ 16.4% |
| Equity10/15 | -€0.4m | -€0.3m | -€0.9m | -€1.3m | -€1.6m | -€2.2m | -€2.5m | -€3.0m | ▼ 21.4% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €273 | €273 | €273 | €273 | €273 | €273 | €273 | €273 | = |
| Non-distributable reserves130/1 | - | - | - | €273 | €273 | €273 | €273 | €273 | = |
| Legal reserve130 | - | - | - | €273 | €273 | €273 | €273 | €273 | = |
| Profit (loss) carried forward14 | -€1.7m | -€1.6m | -€2.2m | -€2.6m | -€2.9m | -€3.5m | -€3.8m | -€4.3m | ▼ 14.0% |
| Amounts payable17/49 | €2.0m | €2.6m | €1.8m | €2.5m | €2.8m | €3.6m | €4.2m | €5.0m | ▲ 19.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | - | €4.2m | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €4.2m | - |
| Amounts payable within one year42/48 | €2.0m | €2.6m | €1.8m | €2.5m | €2.8m | €3.6m | €4.2m | €0.7m | ▼ 82.8% |
| Trade debts44 | €0.1m | €0.2m | €0.3m | €0.2m | €0.1m | €0.2m | €0.2m | €0.5m | ▲ 107% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.2m | €0.2m | €0.5m | ▲ 107% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.05m | €0.08m | €0.1m | €0.2m | ▲ 95.6% |
| Taxes450/3 | - | - | - | €0.001m | €0.006m | €0.02m | €0.04m | €0.1m | ▲ 191% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.04m | €0.06m | €0.06m | €0.08m | ▲ 29.0% |
| Other amounts payable47/48 | - | - | - | €2.3m | €2.7m | €3.3m | €3.8m | €0.001m | ▼ 100.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€89,869 | €52,901 | -€576,168 | -€383,216 | -€358,569 | -€591,236 | -€294,593 | -€534,202 | ▼ 81.3% |
| + Depreciation and write-downs630 | €31,141 | €40,369 | €59,281 | €70,055 | €74,772 | €71,494 | €70,793 | €88,150 | ▲ 24.5% |
| Operating cash flow (approximation) | -€58,727 | €93,269 | -€516,887 | -€313,161 | -€283,797 | -€519,741 | -€223,800 | -€446,052 | ▼ 99.3% |
| Investment in fixed assets (approximation) | - | -€290,555 | -€54,026 | -€59,599 | -€698 | -€6,199 | -€47,353 | -€227,486 | ▼ 380% |
| Change in cash | - | -€150,657 | -€28,657 | -€5,855 | €65,145 | -€38,995 | €121,119 | €35,161 | ▼ 71.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as ALL YIELD has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
85.4%
was still going
8.1%
stopped otherwise
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALL YIELD itself: 3.7% within 12 months.
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.
| 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 6,907 companies, not a prediction for ALL YIELD. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00468970 | |
| 31-12-2024 | abbreviated format | 07-10-2025 | 2025-00533529 | |
| 31-12-2023 | abbreviated format | 27-09-2024 | 2024-00477113 | |
| 31-12-2022 | abbreviated format | 30-09-2023 | 2023-00463305 | |
| 31-12-2021 | abbreviated format | 27-10-2022 | 2022-20474125 | |
| 31-12-2020 | abbreviated format | 17-11-2021 | 2021-77500107 | |
| 31-12-2019 | abbreviated format | 09-10-2020 | 2020-60400387 | |
| 31-12-2018 | abbreviated format | 31-07-2019 | 2019-42300443 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-54000014 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-53900015 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
Board 2
Fintea Management & Consulting Services
Current
Director · since 01-12-2024 · 6-year term from 2024 · Private limited company · also on the board of 15 other companies · listed in the 2025 annual accounts, filed on 31-08-2026
ROYAL PROPERTY MANAGEMENT
Current
Director · since 01-12-2024 · 6-year term from 2024 · Public limited company · permanent representative: Michael Lisman · also on the board of 17 other companies · listed in the 2025 annual accounts, filed on 31-08-2026
Permanent representatives 1
Michael Lisman
Current
Permanent representative · appointed in the act of 11-03-2025 · for ROYAL PROPERTY MANAGEMENT
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 18. Vertegenwoordiging Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als college en de statutaire…”
deed of 07-07-2026Owners and capital
Capital transactions
Capital over time
- 07-07-2026 Capital increase of €4,000,000 · to €5,312,000 · no new shares · in cash
Mandate history
3 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fintea Management & Consulting Services |
|
| ROYAL PROPERTY MANAGEMENT |
|
| Fortim |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Gewone meerderheid, sluiting gewone algemene vergadering van het jaar waarin opdracht eindigt”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vereisten statutenwijziging, artikelen 7:228 en volgende Wetboek van vennootschappen en verenigingen bij netto actief door verlies gedaald…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging algemene vergadering, algemene…”
Articles of association, deed of 07-07-2026 (in Dutch)
Network & group
Companies at the same address
35 other companies- Four Seasons Garden Registered office · since 2018 0687791960
- FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS Registered office · since 2017 0683499711
- World Energy Council Belgium Registered office · since 2016 0661575335
- RAILWAY REALTY Registered office · since 2013 0543307490
- GARDEN VILLAGE Registered office · since 2013 0535598168
- REAL GREEN ENERGY II Registered office · since 2009 0818075729
- HP REAL Registered office · since 2009 0810775290
- PARK NATIONS Registered office · since 2009 0809690573
- HL ZAVENTEM Registered office · since 2008 0896769552
- Onderwijsvereniging van Steden en Gemeenten Establishment · since 2006 0443649492
Connections & network
19 connected companiesThis company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
GARDEN STORES LOUISE
Shared corporate director
→
GARDEN VILLAGE
Shared corporate director
→
Green Yachting Invest
Shared corporate director
→
HL ZAVENTEM
Shared corporate director
→
Show 15 more companies with a shared director
HP REAL
Shared corporate director
→
HR Ambiorix
Shared corporate director
→
MORGAN INVEST
Shared corporate director
→
PARK AVENUE
Shared corporate director
→
PARK NATIONS
Shared corporate director
→
PASSAGE RAVENSTEIN
Shared corporate director
→
PASSAGE RAVENSTEIN II
Shared corporate director
→
PRO-AM
Shared corporate director
→
PROJECT BESSENVELD
Shared corporate director
→
PROJECT VUURBERG
Shared corporate director
→
RAILWAY REALTY
Shared corporate director
→
REAL GREEN ENERGY II
Shared corporate director
→
ROBELCO
Shared corporate director
→
ROYAL PROPERTIES
Shared corporate director
→
WOLUWE CORNER PROPERTY
Shared corporate director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
full format · 31 days late
07-07
Gazette deed
Capital increase of €4,000,000 to €5,312,000Amendment of the articles · Power of attorney7 points ▸
Gazette deed
Capital increase of €4,000,000 to €5,312,000
Amendment of the articles · Power of attorney7 points ▸
- General meeting, 26-06-2026
- Capital increase, €4,000,000
- Capital contribution
- Other provision, “vaststelling verwezenlijking kapitaalverhoging, DERDE BESLISSING” (deed in Dutch)
- Amendment of the articles
- Capital, €5,312,000
- Power of attorney, mentioned 2 times in the deed
2025
31-12
Financial
Liquidity more than 6 timescurrent ratio 1.90
The current ratio rises from 0.29 to 1.90. Short-term debt falls from €4.2m to €713,892.
07-10
abbreviated format · 68 days late
11-03
Gazette deed
Registered office moved to Brussel RavensteingalerijNew seat: 1000 Brussel Ravensteingalerij 3, bus 9 · Reappointment: Fintea Management & Consulting Services BV (director) · Resignation: Fortim NV (director)11 points ▸
Gazette deed
Registered office moved to Brussel Ravensteingalerij
New seat: 1000 Brussel Ravensteingalerij 3, bus 9 · Reappointment: Fintea Management & Consulting Services BV (director) · Resignation: Fortim NV (director)11 points ▸
- General meeting, 01-12-2024
- Other provision, “ondertekening en inwerkingtreding, aandeelhoudersbevestiging eigendom aandelen” (deed in Dutch)
- Other provision, “dagorde” (deed in Dutch)
- Other provision, “bestuurders, kennisname en verzaaking oproepingsformaliteiten” (deed in Dutch)
- Registered-office move, 1000 Brussel Ravensteingalerij 3,bus 9
- Director reappointment, Fintea Management & Consulting Services BV (director)
- Director resignation, Fortim NV (director)
- Director discharge, Fortim NV (director)
- Director appointment, Royal Property Management NV (director)
- Permanent representative, Michael Lisman, mentioned 2 times in the deed
- Other provision, “Bijlage 1 met resultaat bijgevoegd, uitsluitend onderzoek in Centraal Register van bestuursverboden” (deed in Dutch), mentioned 2 times in the deed
2024
27-09
abbreviated format · 58 days late
2023
31-12
Financial
Weakest financial yearnet -€591,236
The net result drops to -€591,236, the lowest from 2018 to 2025. It recovers the following year.
30-09
abbreviated format · 61 days late
2022
27-10
abbreviated format · 88 days late
2021
17-11
abbreviated format · 109 days late
2020
09-10
abbreviated format · 70 days late
2019
31-12
Financial
Back to profitnet €52,901
The net result is €52,901, after one loss-making year.
Show earlier events
31-07
abbreviated format · on the deadline day
2018
29-08
abbreviated format · 29 days late
2017
30-08
abbreviated format · 30 days late
2009
18-02
Financial milestoneGazette deedNBB filingFinancial 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
Register details
Identity
KBO recordName
ALL YIELD in Dutch
Enterprise number
0809.691.365
Legal form
Public limited company
Status
Active, normale toestand
Founded
09-02-2009
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-07-2026 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Ondernemingsrechtbank te Brussel, Brussels Gewest”
deed of 07-07-2026 (in Dutch)Registered office and establishments
Registered office
Ravensteingalerij 3, 1000 Brussel, Belgium
Establishment unit
Ravensteingalerij 3, 1000 Brussel since 30-01-2009 · unit number 2.231.298.91868203 Renting and operating of own or leased non-residential real estate, excluding land
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
Social security (RSZ) activities
68203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
VAT activities
70220
Business consulting main activity
Social security (RSZ) activities
68203
Real estate rental main activity
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 07-07-2026 (in Dutch)
“Het,zo voor eigen rekening als voor rekening van derden,stellen van allerhande verrichtingen die rechtstreeks of onrechtstreeks betrekking…”
13 activities
- Het,zo voor eigen rekening als voor rekening van derden,stellen van allerhande verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het verwerven,vervreemden,ruilen,huren,verhuren,bouwen,verbouwen,verkavelen,beheren en valoriseren van allerhande onroerende goederen.
- Het nemen of toestaan van optierechten tot koop op verkoop van vastgoed.
- Het verstrekken van leningen,al dan niet met hypotheek gewaarborgd;het financieren van vastgoedprojecten;het verstrekken van middelen en diensten aan ondernemingen en vennootschappen.
- Het ontwikkelen,stimuleren en financieren van bouwprojecten in directe en indirecte zin.
- De studie,het ontwerpen,ontwikkelen,promoten en begeleiden van vastgoedprojecten allerhande.
- Het uitbaten van een algemene bouwonderneming beperkt tot de coördinatie van voormelde projecten.
- Het leiding geven en adviseren van andere ondernemingen,ongeacht voorwerp of rechtsvorm.
- Het deelnemen in de oprichting,de ontwikkeling,de omvorming en de controle van alle ondernemingen en organisaties,zowel in België als in het buitenland,de verwerving van effecten en rechten door middel van participatie,inbreng,inschrijving,koop,verhandeling,of op elke andere wijze.
- Onderneming in geldbeleggingen,de verwerving,de vervreemding,de ruiling,het beheer,de valorisatie,en het makelen in aandelen,obligaties,fondsen en kasbons en alle andere financiële instrumenten,evenals alle andere vormen van belegging van vermogens,met uitsluiting van de activiteiten die aan een bijzondere regeling zijn onderworpen.
- Alle mogelijke operaties van onroerende aard,met inbegrip van huur,leasing,erfpacht,opstal,verkoop,inbreng,projectontwikkeling,mijnbouw,bosbouwverrichtingen,grote infrastructuurwerken,olie en natuurlijke rijkdommen,schepen enzovoort,dit alles zowel in België als in het buitenland alsmede alle handel in verband met deze activiteiten.
- Daartoe kan de vennootschap samenwerken met,deelnemen in op gelijk welke wijze,rechtsreeks of zijdelings,belangen nemen in ondernemingen van allerlei aard,alle verbintenissen aangaan,kredieten en leningen toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Kortom zij mag alles doen wat verband houdt met bovengenoemd voorwerp of wat van aard is de verwezenlijking ervan te bevorderen.
- De vennootschap kan de functie van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
Invoicing and payment
VAT number
BE 0809.691.365
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of June at 17:30
deed of 07-07-2026 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
6,581 m²
Building footprint
5,789 m²
Building volume
92,504 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21804D0819/00R000 | Brussels | 6,581 m² | 1 · 5,789 m² | 21.9 m · 6 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.