ATG38 CONSULT
ActiveATG38 CONSULT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €190k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 37.34 in 2024; short-term debt: 25% and cash: 36.2% of total assets), and 25% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75%
Return on assets
65%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
21 d late
2023
27 d late
2022
27 d early
2021
29 d late
2020
121 d late
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€219k▼ 65.3%
2024 · €630k
2019: €20k
2020: €161k
2021: €232k
2022: €19k
2023: €594k
2024: €630k
2019 → 2025
Total assets
€292k▼ 54.9%
2024 · €648k
2019: €57k
2020: €259k
2021: €350k
2022: €537k
2023: €630k
2024: €648k
2019 → 2025
Net result
€190k▲ 90.3%
2024 · €100k
2019: €2k
2020: €141k
2021: €142k
2022: €186k
2023: €717k
2024: €100k
2019 → 2025
Working capital
€181k▼ 69.5%
2024 · €593k
2019: €24k
2020: €176k
2021: €264k
2022: €121
2023: €557k
2024: €593k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€232k-€19k▼ 92.0%€594k▲ 3,078%€630k▲ 6.2%€219k▼ 65.3%
Operating result€196k-€257k▲ 31.1%€978k▲ 281%€134k▼ 86.3%€266k▲ 98.7%
Net result€142k-€186k▲ 30.9%€717k▲ 285%€100k▼ 86.1%€190k▲ 90.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292k
Fixed assets
€37k▼ 1.0%
Current assets
€254k▼ 58.3%
Equity and liabilities €292k
Equity
€219k▼ 65.3%
Debt
€73k▲ 325%
The debt ratio rises from 2.7% to 25.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€268k▲
2024 · €137k
Cash flow
€192k▲
2024 · €103k
Solvency
75.0%▼
2024 · 97.3%
Current ratio
3.48▼
2024 · 37.34
Quick ratio
3.48▼
2024 · 37.34
Debt / equity
0.33▲
2024 · 0.03
ROE
86.8%▲
2024 · 15.8%
ROA
65.0%▲
2024 · 15.4%
Interest coverage
73.34▼
2024 · 279.63
Debt
€73k▲
2024 · €17k
Debt ≤ 1 year
€73k▲
2024 · €16k
Debt > 1 year
€0▼
2024 · €852
Income taxes
€76k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€648k€292k▼
Fixed assets21/28€38k€37k▼
Tangible fixed assets22/27€18k€18k▼
Land and buildings22€16k€15k▼
Plant, machinery and equipment23€559€94▼
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€20k€20k=
Current assets29/58€610k€254k▼
Amounts receivable after more than one year29€176k€77k▼
Other amounts receivable291€176k€77k▼
Amounts receivable within one year40/41€20k€9k▼
Trade receivables40€0-
Other amounts receivable41€20k€9k▼
Cash at bank and in hand54/58€377k€106k▼
Deferred charges and accrued income490/1€36k€62k▲
Equity and liabilities
Total equity and liabilities10/49€648k€292k▼
Equity10/15€630k€219k▼
Contributions10/11€4k€4k=
Reserves13€627k€215k▼
Non-distributable reserves130/1€87€87=
Reserves not available under the articles1311€87€87=
Distributable reserves133€627k€215k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€17k€73k▲
Amounts payable after more than one year17€852€0▼
Financial debts170/4€852€0▼
Amounts payable within one year42/48€16k€73k▲
Current portion of amounts payable after more than one year42€11k€852▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€4k€43k▲
Taxes450/3€4k€43k▲
Other amounts payable47/48€0€28k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€139k€271k▲
Operating profit (loss)9901€134k€266k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€489€4k▲
Recurring financial charges65€489€4k▲
Profit (loss) for the period before taxes9903€136k€266k▲
Income taxes67/77€36k€76k▲
Profit (loss) for the period9904€100k€190k▲
Profit (loss) for the period to be appropriated9905€100k€190k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€190k▲
Transfer from equity791/2-€412k
Transfer to equity691/2€37k€0▼
To other reserves6921€37k€0▼
Profit to be distributed694/7€63k€601k▲
Return on contributions (dividend)694€63k€601k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2019net €717k ▲285%
Operating result €978k, net result €717k, both a record.
31-12
Financial
Liquidity times 25current ratio 25.31
Current ratio from 1.00 to 25.31; short-term debt falls from €487k to €23k.
31-12
Financial
Equity above €500kEq €594k ▲3078%
5 profitable years in a row build equity to €594k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €200kEq €232k ▲44.1%
3 profitable years in a row build equity to €232k.
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Equity above €150kEq €161k ▲693%
2 profitable years in a row build equity to €161k.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ter Eikenlaan 51851 GrimbergenGround area
695 m²
Building footprint
168 m²
Volume, LiDAR
854 m³
Parcel 23036C0155/00D010, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ATG38 CONSULT
since 20182.280.712.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23036C0155/00D010 | Flanders | 695 m² | 1 · 168 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TG TECH CONSULTING
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MIFI & MATE
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RMA MANAGEMENT
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 39,485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ahmet-tumay.gumus@ing.com