Equity
Equity fell by 100% in 3 years.
Equity fell by 100% in 3 years.
The micro format states no turnover.
Of this, €80,762 falls due within a year.
The 2021 accounts came latest: 78 days after the end of the period.
Less equity than 90% of companies in head offices and management consultancy. Sector median €79,301 · 41,267 companies.
In July 2024, 2,154 companies had the same profile as AllFred has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,154 companies, not a prediction for AllFred. 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.
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.
These companies have the same main activity as AllFred: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €74,200 and €87,000, founded between 2019 and 2020.
AllFred files the micro format. That format states no turnover. The gross margin fell from €47,262 in 2020 to €30,078 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €87,000. Estimated: probably between €53,000 and €120,000.
Amounts without an identifiable currency are taken as euros.
Higher than 10% of 41,228 companies in 2025.
Higher than 25% of 39,797 companies in 2025.
Higher than 64% of 40,318 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and 3 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
82,929 | 81,164 | 119,354 | 138,582 | 50,444 | 36,411 | |
20 |
- | - | - | - | - | 0 | |
21/28 |
2,592 | 4,311 | 986 | 12,397 | 638 | 905 | |
21 |
- | - | - | - | - | 0 | |
22/27 |
2,542 | 4,261 | 936 | 2,347 | 588 | 905 | |
22 |
- | - | - | - | - | 0 | |
23 |
- | - | - | - | - | 0 | |
24 |
2,542 | 4,261 | 936 | 2,347 | 588 | 905 | |
26 |
- | - | - | - | - | 0 | |
27 |
- | - | - | - | - | 0 | |
28 |
50 | 50 | 50 | 10,050 | 50 | 0 | |
29/58 |
80,338 | 76,853 | 118,368 | 126,184 | 49,806 | 35,505 | |
290 |
- | - | - | - | - | 0 | |
291 |
- | - | - | - | - | 0 | |
3 |
- | - | - | - | - | 0 | |
30/36 |
- | - | - | - | - | 0 | |
37 |
- | - | - | - | - | 0 | |
40/41 |
78,710 | 70,854 | 117,048 | 114,386 | 49,803 | 34,193 | |
40 |
24,321 | 26,732 | 20,445 | 45,044 | 4,120 | 28,570 | |
41 |
54,389 | 44,122 | 96,603 | 69,342 | 45,683 | 5,623 | |
50/53 |
- | - | - | - | - | 0 | |
54/58 |
1,520 | 5,951 | 1,274 | 11,799 | 3 | 1,312 | |
490/1 |
108 | 48 | 46 | - | - | 0 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
82,929 | 81,164 | 119,354 | 138,582 | 50,444 | 36,411 | |
10/15 |
100 | 19,875 | 13,819 | 55,445 | 33,925 | 23,963 | |
10/11 |
100 | 100 | 100 | 100 | 100 | 0 | |
12 |
- | - | - | - | - | 0 | |
13 |
0 | 19,775 | 13,719 | 55,345 | 33,825 | 23,963 | |
1311 |
- | - | - | - | - | 0 | |
1313 |
- | - | - | - | - | 0 | |
1319 |
- | - | - | - | - | 0 | |
132 |
- | - | - | - | - | 0 | |
133 |
0 | 19,775 | 13,719 | 55,345 | 33,825 | 23,963 | |
14 |
0 | 0 | 0 | - | - | 0 | |
15 |
- | - | - | - | - | 0 | |
160/5 |
- | - | - | - | - | 0 | |
160 |
- | - | - | - | - | 0 | |
161 |
- | - | - | - | - | 0 | |
162 |
- | - | - | - | - | 0 | |
163 |
- | - | - | - | - | 0 | |
164/5 |
- | - | - | - | - | 0 | |
168 |
- | - | - | - | - | 0 | |
17/49 |
82,829 | 61,289 | 105,535 | 83,136 | 16,519 | 12,448 | |
175 |
- | - | - | - | - | 0 | |
176 |
- | - | - | - | - | 0 | |
178/9 |
- | - | - | - | - | 0 | |
42/48 |
80,762 | 59,159 | 103,471 | 81,073 | 14,462 | 10,375 | |
42 |
- | - | - | - | - | 0 | |
430/8 |
- | - | - | - | - | 0 | |
439 |
- | - | - | - | - | 0 | |
44 |
3,293 | 5,557 | 1,400 | 7,200 | 949 | 12 | |
440/4 |
3,293 | 5,557 | 1,400 | 7,200 | 949 | 12 | |
441 |
- | - | - | - | - | 0 | |
46 |
- | - | - | - | - | 0 | |
45 |
13,243 | 10,870 | 7,848 | 12,073 | 13,513 | 10,363 | |
450/3 |
13,243 | 10,870 | 5,951 | 10,257 | 13,513 | 10,363 | |
454/9 |
- | 0 | 1,897 | 1,817 | - | 0 | |
47/48 |
64,226 | 42,732 | 94,223 | 61,800 | - | 0 | |
492/3 |
2,067 | 2,130 | 2,064 | 2,064 | 2,057 | 2,073 | |
| Income statement | |||||||
76A |
- | 0 | 237 | - | - | 0 | |
9900 |
30,078 | 24,074 | -1,067 | 41,155 | 13,938 | 47,262 | |
62 |
1,263 | 4,464 | 5,340 | 11,590 | - | 0 | |
630 |
1,719 | 800 | 366 | 1,830 | 318 | 48 | |
631/4 |
- | 0 | -16,200 | - | - | 16,200 | |
635/8 |
- | - | - | - | - | 0 | |
640/8 |
400 | 387 | 16,584 | 348 | 430 | 774 | |
649 |
- | - | - | - | - | 0 | |
66A |
- | - | - | - | - | 0 | |
9901 |
26,696 | 18,422 | -7,157 | 27,387 | 13,191 | 30,241 | |
75/76B |
1,420 | 1,991 | 2,363 | - | - | 56 | |
75 |
1,420 | 1,991 | 2,363 | - | - | 6 | |
76B |
- | - | - | - | - | 50 | |
65/66B |
1,055 | 1,532 | 1,833 | 97 | 91 | 101 | |
65 |
1,055 | 1,532 | 1,833 | 97 | 91 | 101 | |
66B |
- | - | - | - | - | 0 | |
9903 |
27,061 | 18,881 | -6,627 | 27,290 | 13,100 | 30,195 | |
67/77 |
7,301 | 4,001 | -1 | 5,769 | 2,748 | 6,232 | |
9904 |
19,759 | 14,879 | -6,626 | 21,520 | 10,352 | 23,963 | |
789 |
- | - | - | - | - | 0 | |
689 |
- | - | - | - | - | 0 | |
9905 |
19,759 | 14,879 | -6,626 | 21,520 | 10,352 | 23,963 | |
| Appropriation of the result | |||||||
9906 |
19,759 | 14,879 | -6,626 | 21,520 | 10,352 | 23,963 | |
791/2 |
19,775 | 8,824 | 41,626 | - | - | 0 | |
691/2 |
0 | 14,879 | 0 | 21,520 | 10,352 | 23,963 | |
691 |
- | - | - | - | - | 0 | |
6920 |
- | - | - | - | - | 0 | |
6921 |
0 | 14,879 | 0 | 21,520 | 10,352 | 23,963 | |
694/7 |
39,535 | 8,824 | 35,000 | - | - | - | |
694 |
39,535 | 8,824 | 35,000 | - | - | 0 | |
695 |
- | - | - | - | - | 0 | |
696 |
- | - | - | - | - | 0 | |
| Social balance sheet | |||||||
9087 |
0.2 | 1 | 1 | - | - | - | |
Hours worked1013 |
38 | 380 | 135 | - | - | - | |
| Document | |||||||
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.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00237560 | |
| 31-12-2024 | micro format | 08-08-2025 | 2025-00371999 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00325486 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00416045 | |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20465785 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61200475 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 28,415 | 19,222 | -6,792 | 29,217 | 13,508 | 30,288 | ||
| 21,478 | 15,680 | -6,260 | 23,351 | 10,669 | 24,011 | ||
| 0 | 4,124 | 1,032 | 13,590 | 50 | 953 | ||
| -4,432 | 4,678 | -10,525 | 11,796 | -1,310 | - | ||
| -425 | 17,694 | 14,897 | 45,112 | 35,344 | 25,130 | ||
| 0.1% | 24.5% | 11.6% | 40.0% | 67.3% | 65.8% | ||
| 0.99 | 1.30 | 1.14 | 1.56 | 3.44 | 3.42 | ||
| - | 3.08 | 7.64 | 1.50 | 0.49 | 0.52 | ||
| - | 74.9% | -47.9% | 38.8% | 30.5% | 100.0% | ||
| 23.8% | 18.3% | -5.6% | 15.5% | 20.5% | 65.8% | ||
| 26.93 | 12.55 | -3.71 | over 100 | over 100 | - |
The equity ratios are withheld because equity of €100 is too small for a meaningful ratio.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 2 |
| full-time | - | 0 | 1 |
| part-time | - | 1 | 1 |
| in full-time equivalents | - | 0.6 | 1.6 |
| 0.2 | 1 | 0.7 | |
| On a permanent contract | - | 1 | 1 |
| Joined | 3 | 1 | 1 |
| Left | 3 | 2 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,124 | €1,032 | €3,590 | - |
| Financial fixed assets | - | - | - | €10,000 | - |
| €1,719 | €800 | €366 | €1,830 | €318 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 75.5% to 99.9%. Equity is lower and debt is higher.
Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.
| Feniks Holding
registered office since 18-12-2019 · founded in 2019 |
total assets €411,698 (2026) 0739.788.118 |
| H2 WORK&WONDERS
registered office since 01-10-2009 |
founded in 2009 0819.218.943 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
AllFred was incorporated on 16 December 2019 as a private limited company by two natural persons, with a starting capital of €100.12 Since 2019, has served as statutory director.3 Total assets rose from €36,411 in 2020 to €82,929 in 2025 and headcount from 1 full-time equivalents in 2023 to 0.2 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Kameelstraat 6 registered office 1700 Dilbeek | 16-12-2019 | 2.296.921.990 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23074C0304/03B000 | 707 m² | 1 · 282 m² | 9.6 m · 2 |
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