Losses
-€11,854 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
ANGICO
Lifetime
7 annual accounts with figures on one time axispeak €23,197 (2020)
€3,203▼ 73.8%
lowest -€8,267 (2025)
-€8,267▼ €4,679
peak €40,475 (2023)
€28,620▼ 22.4%
€66,197▲ 25.9%
Board1 name since 2019
1 directorMEIER DE SOUZA ELIEZER PAULO
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €12,210 to €3,203Loss of €8,267Equity from €36,887 to €28,620Debts from €52,593 to €66,197Cash from €11,156 to €6,291
Key points
from the 2025 annual accountsPayment terms
72 days to suppliers
ANGICO pays its suppliers 41 days later than in 2024. Customers pay 39 days later.
Filings
7 annual accounts 5 late
The 2019 accounts came latest: 84 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 26% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% 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 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.9%▼ -0.1 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
No registered site in the KBO
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: turnover €181,832, total assets €94,818
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 31% of them on solvency, 16% on liquidity, 14% on profitability and 41% 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 low class on 30-06-2025, 0.8% 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, 3,440 companies had the same profile as ANGICO has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANGICO itself: 0.9% within 12 months.
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 3,440 companies, not a prediction for ANGICO. 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 €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (2.01 in 2024), below the usual 1.5. Short-term debt is 46.8% and cash 6.6% of total assets. 69.8% 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
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€8,267
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 · 7 filingsDeviation from the deadline
2025
60 days late
2024
21 days early
2023
61 days early
2022
31 days late
2021
31 days late
2020
31 days late
2019
84 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 22 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 31 August (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MEIER DE SOUZA ELIEZER PAULO founderdeed of 08-03-2019
- PAULO DE SOUZA ERLI founderdeed of 08-03-2019
- MEIER DE SOUZA ROZANE MARIA founderdeed of 08-03-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721937049
Incorporation
Founders: MEIER DE SOUZA ELIEZER PAULO, PAULO DE SOUZA ERLI and MEIER DE SOUZA ROZANE MARIA · Founding capital of €500, 1,000 shares · Appointment: MEIER DE SOUZA ELIEZER PAULO (manager) · published on 08-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ANGICO Jodoigne | €94,818 | €3,203 | 30.2% | - |
| La Brigade Antwerp | €88,694 | €3,758 | -2.8% | 0 |
| COHCONSULT Chaudfontaine | €88,087 | €3,860 | 93.3% | - |
| Ixxis Management Namur | €85,294 | €3,741 | 25.7% | - |
| KOP Consult Westerlo | €77,629 | €2,946 | 45.4% | - |
| Theano Huldenberg | €77,460 | €3,702 | 59.7% | - |
| SAVVA Rixensart | €83,581 | €3,737 | 28.7% | - |
These companies have the same main activity as ANGICO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €77,500 and €88,700, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 06-03-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 25-03-2026
Insights on ANGICO
ANGICO files the abbreviated format. That format states no turnover. The gross margin fell from €7,424 in 2019 to €3,203 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ANGICO
- What is the company number of ANGICO?
- The company number of ANGICO is 0721.937.049. The VAT number is the same number with BE in front: BE 0721.937.049.
- Where is ANGICO based?
- The registered office is at Rue du Relais (Z.-L.) 1, 1370 Jodoigne.Company details
- What does ANGICO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ANGICO?
- Legal form of ANGICO: Coöperatieve vennootschap met onbeperkte aansprakelijkheid.
- When was ANGICO founded?
- ANGICO was founded on 06-03-2019.
- Is ANGICO still active?
- Yes, ANGICO is an active enterprise in the KBO register.
- What is the turnover of ANGICO?
- The turnover of ANGICO was €181,832 in financial year 2025, according to the filed annual accounts.Financials
- Is ANGICO profitable?
- In financial year 2025, ANGICO made a loss of €8,267.
- Where can I find the annual accounts of ANGICO?
- ANGICO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ANGICO due?
- ANGICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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