AS CONSULTING
ActiveSummary
AS CONSULTING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €381,479 and a net result of €226,738. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
What stands out
Overview
Accounts 62 d overdue0 of 5 deeds readTurnover not published (abridged schema)
Why 59- Higher-failure-rate region- Filed more than 90 days late+ Lower-failure-rate sector+ Long track recordShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+29
Solvency71▲+18
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.44 against 0.22 in 2023; short-term debt: 38.6% and cash: 3.2% of total assets), and 53.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
104 d late
2023
1 d early
2022
70 d late
2021
78 d late
2020
59 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €226,738 ▲2,079%
- Equity above €200,000Eq €381,479 ▲132%
Financials
Fiscal year 2024Total assets €827,812Profit €226,738Solvency 46.1%Liquidity 0.44
Total assets
€827,812▲ 40.7%
2018 - 2024
Net result
€226,738▲ 2,079%
2018 - 2024
Equity
€381,479▲ 132%
2018 - 2024
Solvency
46.1%▲ 18.1pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,742€33,578€30,045▼ 10.5%€18,843▼ 37.3%€105,860▲ 462%
Net result-€3,278below the sector's middle half€25,408within the sector's middle half€17,830within the sector's middle half▼ 29.8%€10,406within the sector's middle half▼ 41.6%€226,738above the sector's middle half▲ 2,079%
Equity€111,254within the sector's middle half▼ 2.9%€136,504within the sector's middle half▲ 22.7%€154,334within the sector's middle half▲ 13.1%€164,740within the sector's middle half▲ 6.7%€381,479above the sector's middle half▲ 132%
Total assets€553,563above the sector's middle half▼ 6.8%€539,763above the sector's middle half▼ 2.5%€496,980within the sector's middle half▼ 7.9%€588,454above the sector's middle half▲ 18.4%€827,812above the sector's middle half▲ 40.7%
Debt€442,308▼ 7.7%€403,259▼ 8.8%€342,646▼ 15.0%€423,713▲ 23.7%€339,602▼ 19.9%
Working capital-€363,673below the sector's middle half▲ 11.3%-€338,263below the sector's middle half▲ 7.0%-€319,828below the sector's middle half▲ 5.4%-€313,919below the sector's middle half▲ 1.8%-€177,640below the sector's middle half▲ 43.4%
Solvency20.1%below the sector's middle half▲ 0.8pp25.3%below the sector's middle half▲ 5.2pp31.1%within the sector's middle half▲ 5.8pp28.0%within the sector's middle half▼ 3.1pp46.1%within the sector's middle half▲ 18.1pp
Current ratio0.14below the sector's middle half▲ 0.030.12below the sector's middle half▼ 0.020.01below the sector's middle half▼ 0.110.22below the sector's middle half▲ 0.210.44below the sector's middle half▲ 0.22
Return on assets (ROA)-0.6%below the sector's middle half▼ 1.1pp4.7%within the sector's middle half▲ 5.3pp3.6%within the sector's middle half▼ 1.1pp1.8%within the sector's middle half▼ 1.8pp27.4%within the sector's middle half▲ 25.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 462% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €827,812
Fixed assets
€686,324 ▲ 37.8%
Current assets
€141,489 ▲ 56.6%
Equity and liabilities €827,812
Equity
€381,479 ▲ 132%
Provisions
€106,732
Debt
€339,602 ▼ 19.9%
Debt's share of the balance-sheet total falls from 72.0% to 41.0%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€134,937▲
2023 · €19,083
Cash flow
€255,815▲
2023 · €10,647
Debt to equity
0.89▼
2023 · 2.57
ROE
59.4%▲
2023 · 6.3%
Interest coverage
72.72▲
2023 · 15.00
Debt ≤ 1 year
€319,129▼
2023 · €404,271
Debt > 1 year
€12,400=
2023 · €12,400
Income taxes
€35,484▲
2023 · €7,173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,483 | - | - | €241 | €29,077 | ▲ 11,987% |
| Other operating charges640/8 | - | €682 | €501 | €747 | €3,998 | ▲ 436% |
| Gross operating margin9900 | €4,671 | €34,260 | €30,545 | €19,830 | €138,935 | ▲ 601% |
| Operating profit (loss)9901 | -€1,742 | €33,578 | €30,045 | €18,843 | €105,860 | ▲ 462% |
| Financial income75/76B | - | €4 | €9 | €9 | €151,693 | ▲ 1,776,163% |
| Recurring financial income75 | - | €4 | €9 | €9 | €151,693 | ▲ 1,776,163% |
| Financial charges65/66B | - | €1,031 | €785 | €1,272 | €1,855 | ▲ 45.9% |
| Recurring financial charges65 | €902 | €1,031 | €785 | €1,272 | €1,855 | ▲ 45.9% |
| Profit (loss) for the period before taxes9903 | -€2,644 | €32,551 | €29,269 | €17,579 | €255,698 | ▲ 1,355% |
| Transfer from deferred taxes780 | - | - | - | - | €6,525 | - |
| Income taxes67/77 | €634 | €7,142 | €11,439 | €7,173 | €35,484 | ▲ 395% |
| Profit (loss) for the period9904 | -€3,278 | €25,408 | €17,830 | €10,406 | €226,738 | ▲ 2,079% |
| Profit (loss) for the period to be appropriated9905 | -€3,278 | €25,408 | €17,830 | €10,406 | €226,738 | ▲ 2,079% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €553,563 | €539,763 | €496,980 | €588,454 | €827,812 | ▲ 40.7% |
| Fixed assets21/28 | €492,763 | €492,763 | €492,763 | €498,102 | €686,324 | ▲ 37.8% |
| Tangible fixed assets22/27 | - | - | - | €5,339 | €638,309 | ▲ 11,855% |
| Land and buildings22 | - | - | - | - | €579,878 | - |
| Plant, machinery and equipment23 | - | - | - | - | €4,996 | - |
| Furniture and vehicles24 | - | - | - | €5,339 | €15,669 | ▲ 193% |
| Other tangible fixed assets26 | - | - | - | - | €37,766 | - |
| Financial fixed assets28 | €492,763 | €492,763 | €492,763 | €492,763 | €48,015 | ▼ 90.3% |
| Current assets29/58 | €60,800 | €47,001 | €4,218 | €90,352 | €141,489 | ▲ 56.6% |
| Amounts receivable within one year40/41 | €60,537 | €10,429 | €1,035 | €63,356 | €113,524 | ▲ 79.2% |
| Trade receivables40 | - | €10,000 | €643 | €62,706 | €83,510 | ▲ 33.2% |
| Other amounts receivable41 | - | €429 | €392 | €649 | €30,014 | ▲ 4,522% |
| Cash at bank and in hand54/58 | - | €33,588 | €2,365 | €26,750 | €26,165 | ▼ 2.2% |
| Deferred charges and accrued income490/1 | - | €2,984 | €818 | €246 | €1,799 | ▲ 631% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €553,563 | €539,763 | €496,980 | €588,454 | €827,812 | ▲ 40.7% |
| Equity10/15 | €111,254 | €136,504 | €154,334 | €164,740 | €381,479 | ▲ 132% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €18,860 | €28,860 | €368,860 | ▲ 1,178% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €17,000 | €27,000 | €367,000 | ▲ 1,259% |
| Profit (loss) carried forward14 | €96,994 | €122,244 | €123,074 | €123,480 | €219 | ▼ 99.8% |
| Provisions and deferred taxes16 | - | - | - | - | €106,732 | - |
| Deferred taxes168 | - | - | - | - | €106,732 | - |
| Amounts payable17/49 | €442,308 | €403,259 | €342,646 | €423,713 | €339,602 | ▼ 19.9% |
| Amounts payable after more than one year17 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Financial debts170/4 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Amounts payable within one year42/48 | €424,473 | €385,264 | €324,046 | €404,271 | €319,129 | ▼ 21.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7,970 | - |
| Trade debts44 | €55,230 | €3,830 | €3,567 | €85,263 | €87,612 | ▲ 2.8% |
| Suppliers440/4 | - | €3,830 | €3,567 | €85,263 | €87,612 | ▲ 2.8% |
| Taxes, remuneration and social security45 | - | €7,788 | €18,435 | €15,771 | €40,811 | ▲ 159% |
| Taxes450/3 | - | €7,788 | €18,435 | €15,771 | €40,811 | ▲ 159% |
| Other amounts payable47/48 | - | €373,646 | €302,045 | €303,236 | €182,736 | ▼ 39.7% |
| Accrued charges and deferred income492/3 | - | €5,595 | €6,200 | €7,043 | €8,073 | ▲ 14.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,278 | €25,408 | €17,830 | €10,406 | €226,738 | ▲ 2,079% |
| + Depreciation and write-downs630 | €5,483 | - | - | €241 | €29,077 | ▲ 11,987% |
| Operating cash flow (approximation) | €2,206 | €25,408 | €17,830 | €10,647 | €255,815 | ▲ 2,303% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€5,580 | -€217,299 | ▼ 3,794% |
| Change in cash | - | - | -€31,222 | €24,385 | -€585 | ▼ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Versawest
BE 0826.240.258
Merelbeke-Melle · Eq €381,393
Tinman
BE 0849.715.149
Tienen · Eq €381,370
Isobvious
BE 0799.469.545
Beringen · Eq €381,592
ISDO
BE 0887.066.582
Wevelgem · Eq €381,608
Of 82,601 companies in this sector we hold annual accounts for 52,629. 36,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- DANEW ELECTRONICS SASFRsubsidiarySourceown accounts 2024100%
According to the 2024 annual accounts of AS CONSULTING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 5 Gazette acts processed.
Timeline
15 eventsLatest 12-11-2025
History
Acts, filings and financial milestones
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
2024
31-12
Financial
Highest result since 2018net €226,738 ▲2,079%
Operating result €105,860, net result €226,738, both a record.
31-12
Financial
Equity above €200,000Eq €381,479 ▲132%
4 profitable years in a row build equity to €381,479.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Equity above €150,000Eq €154,334 ▲13.1%
2 profitable years in a row build equity to €154,334.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €25,408
Net result €25,408 after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet -€3,278
Net result drops to -€3,278, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Show earlier events
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 81 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 05-07-2007Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded05-07-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890623217
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2007
Ground area
1,597 m²
Building footprint
415 m²
Volume, LiDAR
8,879 m³
2 parcels, Brussels, Flanders · tallest building 35.0 m, ±10 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
AS CONSULTING
since 2007unit no. 2.165.253.004
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0043/00Y043 | Flanders | 1,000 m² | 1 · 127 m² | 7.9 m · 2 fl. |
| 21445C0262/00K041 | Brussels | 596 m² | 1 · 288 m² | 35.0 m · 10 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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