Equity
€43,157 from €199,888 in 2021
Equity fell by 78% in 4 years.
Road2freedom
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €189,998 (2018)
-€37,172▼ €1,358
lowest -€52,710 (2024)
-€45,438▲ €7,272
peak €199,888 (2021)
€43,157▼ 51.3%
€1,132▼ 28.4%
peak 4.1 FTE (2018)
-not published
Board4 names since 2022
2 directorsARTEMIS-CONSULT SRL and 1 other
Owners2 names in the annual accounts
5%ARTEMIS-CONSULT and 1 other
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Loss of €45,438Equity from €88,595 to €43,157Debts from €1,581 to €1,132Cash from €42,081 to €17,750
Key points
from the 2025 annual accountsLosses
-€156,731 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Position in the sector
-€45,438
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.
2025 accounts filed 2 days after the deadline
Checked score
55
Fair
Financially stronger than 50% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026highest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €45,438, the second in a row (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 104.63, cash €17,750, halved
Size: total assets €44,289
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 86% of them on solvency, 97% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 5,831 companies had the same profile as Road2freedom has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Road2freedom itself is lower: 0.1% within 12 months. It rests on far more data about Road2freedom than the profile alone.
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 5,831 companies, not a prediction for Road2freedom. 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 €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Short-term debt is 0.8% and cash 40.1% of total assets. 2.6% 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 -€45,438
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 days late
2024
4 days late
2023
on the day
2022
on the day
2021
on the day
2020
1 day late
2019
1 day early
← 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 1 day 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (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
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Board and ownership
- ARTEMIS-CONSULT 5%score 89equity €41,904 (2025) · 30-06-2025 annual accounts of ARTEMIS-CONSULT
- GUéSAR-CONSULT 5%score 55equity -€34,294 (2025) · 30-06-2025 annual accounts of GUéSAR-CONSULT
Recent changes
Changes of role: BERTHA Stéphane Léonard (director) and DE KEYSER Christophe François Emile (director)
Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
Legal-form change · Resignations & appointments
General meeting of 28-07-2023 · Gazette deed
First establishment
Onderwijsstraat 126, Anderlecht
Incorporation
published on 15-08-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Road2freedom Anderlecht | €44,289 | -€37,172 | 97.4% | - |
| SOLEIL D'AZUR CONSULT Anderlecht | €39,699 | -€2,347 | 47.8% | - |
| PRO TEMPORIS Anderlecht | €37,084 | -€32,879 | -14.3% | - |
| I.COM SUBIET Brussels | €41,074 | -€1,411 | -26.1% | - |
| QUINTESSENTIAL Berchem-Sainte-Agathe | €39,977 | -€15,640 | 57.4% | - |
| PHILIPPE VANDEPAER PRINTING SERVICES Uccle | €41,767 | -€7,047 | 82.8% | - |
| DINAH Forest | €45,859 | -€5,204 | -56.3% | - |
These companies have the same main activity as Road2freedom: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €37,100 and €45,900, founded between 1999 and 2004.
Official details
Source: KBO- Status
- Active since 03-08-2001Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.210.095.6091070 Anderlecht, since 18-06-2012
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Insights on Road2freedom
Road2freedom files the micro format. That format states no turnover. The gross margin fell from €30,670 in 2007 to -€37,172 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 Road2freedom
- What is the company number of Road2freedom?
- The company number of Road2freedom is 0475.291.189. The VAT number is the same number with BE in front: BE 0475.291.189.
- Where is Road2freedom based?
- The registered office is at Onderwijsstraat 126B, 1070 Anderlecht.Company details
- What does Road2freedom do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Road2freedom?
- Road2freedom is a private limited company (BV).
- When was Road2freedom founded?
- Road2freedom was founded on 03-08-2001.
- Is Road2freedom still active?
- Yes, Road2freedom is an active enterprise in the KBO register.
- What is the turnover of Road2freedom?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Road2freedom profitable?
- In financial year 2025, Road2freedom made a loss of €45,438.
- Where can I find the annual accounts of Road2freedom?
- Road2freedom filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Road2freedom due?
- Road2freedom must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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