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Aster Consulting

Active
Private limited companyfounded 2019active for 7 yearsJagerslaan 12, 1950 Kraainem, BelgiumKBO/BCE: BE 0732.492.431
Summary

Aster Consulting has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,104 and a net result of €178,230. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 38,895 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€6,104▼ 11.2%
2024 · €6,874
Total assets
€194,513▼ 19.9%
2024 · €242,712
Net result
€178,230▼ 17.6%
2024 · €216,283
Working capital
-€5,533▲ 52.7%
2024 · -€11,704
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 17% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€234,376 2025 Net result€178,230 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€53,546-€146,682▲ 174%€103,043▼ 29.8%€161,568▲ 56.8%€260,556▲ 61.3%€283,912▲ 9.0%€234,376▼ 17.4%
Net result€37,333-€114,248above the sector's middle half▲ 206%€81,450above the sector's middle half▼ 28.7%€121,842above the sector's middle half▲ 49.6%€200,266above the sector's middle half▲ 64.4%€216,283above the sector's middle half▲ 8.0%€178,230above the sector's middle half▼ 17.6%
Equity€43,333-€157,581within the sector's middle half▲ 264%€239,031within the sector's middle half▲ 51.7%€128,874within the sector's middle half▼ 46.1%€6,874below the sector's middle half▼ 94.7%€6,874below the sector's middle half=€6,104below the sector's middle half▼ 11.2%
Total assets€74,814-€216,894within the sector's middle half▲ 190%€313,224within the sector's middle half▲ 44.4%€204,047within the sector's middle half▼ 34.9%€368,423within the sector's middle half▲ 80.6%€242,712within the sector's middle half▼ 34.1%€194,513within the sector's middle half▼ 19.9%
Debt€31,481-€59,313▲ 88.4%€74,192▲ 25.1%€75,174▲ 1.3%€361,549▲ 381%€235,838▼ 34.8%€188,409▼ 20.1%
Working capital€25,216-€139,879above the sector's middle half▲ 455%€199,975above the sector's middle half▲ 43.0%€99,022within the sector's middle half▼ 50.5%-€13,649below the sector's middle half-€11,704below the sector's middle half▲ 14.3%-€5,533below the sector's middle half▲ 52.7%
Solvency57.9%-72.7%within the sector's middle half▲ 14.7pp76.3%within the sector's middle half▲ 3.7pp63.2%within the sector's middle half▼ 13.2pp1.9%below the sector's middle half▼ 61.3pp2.8%below the sector's middle half▲ 1.0pp3.1%below the sector's middle half▲ 0.3pp
Current ratio1.80-3.36within the sector's middle half▲ 1.563.70within the sector's middle half▲ 0.342.32within the sector's middle half▼ 1.380.96below the sector's middle half▼ 1.360.95below the sector's middle half▼ 0.010.97below the sector's middle half▲ 0.02
Return on assets (ROA)49.9%-52.7%above the sector's middle half▲ 2.8pp26.0%within the sector's middle half▼ 26.7pp59.7%above the sector's middle half▲ 33.7pp54.4%above the sector's middle half▼ 5.4pp89.1%above the sector's middle half▲ 34.8pp91.6%above the sector's middle half▲ 2.5pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,513
Fixed assets €12,037 ▼ 35.2%
Current assets €182,476 ▼ 18.6%
Equity and liabilities €194,513
Equity €6,104 ▼ 11.2%
Debt €188,409 ▼ 20.1%
Debt's share of the balance-sheet total falls from 97.2% to 96.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€242,688▼
2024 · €291,593
Cash flow
€186,543▼
2024 · €223,965
Debt to equity
30.87▼
2024 · 34.31
Interest coverage
95.30▼
2024 · over 100
Debt ≤ 1 year
€188,009▼
2024 · €235,838
Income taxes
€54,174▼
2024 · €66,645
A ratio outside any meaningful range has been withheld (balance sheet total €194,513, equity €6,104).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 2,153 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€242,712€194,513▼
Fixed assets21/28€18,577€12,037▼
Tangible fixed assets22/27€16,833€10,293▼
Plant, machinery and equipment23€1,965€2,379▲
Furniture and vehicles24€13,822€6,935▼
Other tangible fixed assets26€1,046€979▼
Financial fixed assets28€1,744€1,744=
Current assets29/58€224,135€182,476▼
Amounts receivable within one year40/41€27,714€27,511▼
Trade receivables40€17,318€20,237▲
Other amounts receivable41€10,396€7,275▼
Cash at bank and in hand54/58€183,222€143,419▼
Deferred charges and accrued income490/1€13,198€11,546▼
Equity and liabilities
Total equity and liabilities10/49€242,712€194,513▼
Equity10/15€6,874€6,104▼
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€874€104▼
Amounts payable17/49€235,838€188,409▼
Amounts payable within one year42/48€235,838€188,009▼
Trade debts44€501€3,083▲
Suppliers440/4€501€3,083▲
Taxes, remuneration and social security45€8,481€17,167▲
Taxes450/3€8,481€17,167▲
Other amounts payable47/48€226,856€167,759▼
Accrued charges and deferred income492/3€0€400▲
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,682€8,313▲
Other operating charges640/8€842€1,300▲
Gross operating margin9900€292,436€243,988▼
Operating profit (loss)9901€283,912€234,376▼
Financial income75/76B€1,408€575▼
Recurring financial income75€1,408€575▼
Financial charges65/66B€2,392€2,547▲
Recurring financial charges65€2,392€2,547▲
Profit (loss) for the period before taxes9903€282,928€232,404▼
Income taxes67/77€66,645€54,174▼
Profit (loss) for the period9904€216,283€178,230▼
Profit (loss) for the period to be appropriated9905€216,283€178,230▼
Appropriation of the result
Profit (loss) to be appropriated9906€217,157€179,104▼
Profit (loss) brought forward from the previous period14P€874€874=
Transfer from equity791/2€0-
Profit to be distributed694/7€216,283€179,000▼
Return on contributions (dividend)694€216,283€179,000▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€7,859€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,951€5,366€7,437€11,882€6,950€7,682€8,313▲ 8.2%
Other operating charges640/8--€622€555€537€842€1,300▲ 54.3%
Gross operating margin9900€55,895€152,353€111,102€174,005€268,043€292,436€243,988▼ 16.6%
Operating profit (loss)9901€53,546€146,682€103,043€161,568€260,556€283,912€234,376▼ 17.4%
Financial income75/76B--€0€1€364€1,408€575▼ 59.2%
Recurring financial income75-€43€0€1€364€1,408€575▼ 59.2%
Financial charges65/66B--€191€656-€290€2,392€2,547▲ 6.5%
Recurring financial charges65€142€132€191€656-€290€2,392€2,547▲ 6.5%
Profit (loss) for the period before taxes9903€53,404€146,593€102,852€160,914€261,210€282,928€232,404▼ 17.9%
Income taxes67/77€16,071€32,345€21,402€39,071€60,945€66,645€54,174▼ 18.7%
Profit (loss) for the period9904€37,333€114,248€81,450€121,842€200,266€216,283€178,230▼ 17.6%
Profit (loss) for the period to be appropriated9905€37,333€114,248€81,450€121,842€200,266€216,283€178,230▼ 17.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€74,814€216,894€313,224€204,047€368,423€242,712€194,513▼ 19.9%
Fixed assets21/28€18,117€17,702€39,057€29,851€21,600€18,577€12,037▼ 35.2%
Tangible fixed assets22/27€16,623€16,208€37,313€28,107€19,856€16,833€10,293▼ 38.9%
Plant, machinery and equipment23--€1,898€1,002€1,700€1,965€2,379▲ 21.0%
Furniture and vehicles24--€34,170€25,927€17,044€13,822€6,935▼ 49.8%
Other tangible fixed assets26--€1,245€1,179€1,112€1,046€979▼ 6.4%
Financial fixed assets28€1,494€1,494€1,744€1,744€1,744€1,744€1,744=
Current assets29/58€56,697€199,192€274,167€174,196€346,823€224,135€182,476▼ 18.6%
Amounts receivable within one year40/41€11,783€19,681€34,038€27,530€20,117€27,714€27,511▼ 0.7%
Trade receivables40--€34,038€27,530€15,997€17,318€20,237▲ 16.9%
Other amounts receivable41----€4,120€10,396€7,275▼ 30.0%
Cash at bank and in hand54/58€39,001€173,385€233,678€142,826€310,555€183,222€143,419▼ 21.7%
Deferred charges and accrued income490/1--€6,450€3,840€16,151€13,198€11,546▼ 12.5%
Equity and liabilities
Total equity and liabilities10/49€74,814€216,894€313,224€204,047€368,423€242,712€194,513▼ 19.9%
Equity10/15€43,333€157,581€239,031€128,874€6,874€6,874€6,104▼ 11.2%
Contributions10/11--€6,000€6,000€6,000€6,000€6,000=
Reserves13€37,000€151,000€232,000€122,000€0---
Distributable reserves133--€232,000€122,000€0---
Profit (loss) carried forward14€333€581€1,031€874€874€874€104▼ 88.1%
Amounts payable17/49€31,481€59,313€74,192€75,174€361,549€235,838€188,409▼ 20.1%
Amounts payable within one year42/48€31,481€59,313€74,192€75,174€360,471€235,838€188,009▼ 20.3%
Trade debts44€884€2,413€2,698€6,867€2,622€501€3,083▲ 516%
Suppliers440/4--€2,698€6,867€2,622€501€3,083▲ 516%
Taxes, remuneration and social security45--€66,702€63,636€25,507€8,481€17,167▲ 102%
Taxes450/3--€66,702€63,636€25,507€8,481€17,167▲ 102%
Other amounts payable47/48--€4,792€4,671€332,342€226,856€167,759▼ 26.1%
Accrued charges and deferred income492/3----€1,078€0€400-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€37,333€114,248€81,450€121,842€200,266€216,283€178,230▼ 17.6%
+ Depreciation and write-downs630€1,951€5,366€7,437€11,882€6,950€7,682€8,313▲ 8.2%
Operating cash flow (approximation)€39,285€119,614€88,887€133,725€207,215€223,965€186,543▼ 16.7%
Investment in fixed assets (approximation)--€4,951-€28,792-€2,677€1,302-€4,659-€1,773▲ 61.9%
Change in cash-€134,384€60,293-€90,852€167,728-€127,332-€39,803▲ 68.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00376862
31-12-2024 micro format 09-07-2025 2025-00255657
31-12-2023 micro format 28-06-2024 2024-00197097
31-12-2022 micro format 30-06-2023 2023-00178552
31-12-2021 micro format 04-07-2022 2022-20151437
31-12-2020 micro format 29-06-2021 2021-29100514
31-12-2019 micro format 26-06-2020 2020-21800397

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,876. 18,431 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €1,536 awarded · €1,536 paid
Year Entries AwardedPaid
2025 1 €753€753
2024 1 €330€330
2023 1 €0€180
2022 1 €453€273
Schemes
4 entries · €1,536 · €1,536 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.