Audaces
ActiveSummary
Audaces has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,131 and a net result of €84,660. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 42% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+11
Solvency71▼-2
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.84 in 2024; short-term debt: 54.2% and cash: 8.4% of total assets), but 54.4% of the assets are financed with debt.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
45.6%
Return on assets
62.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
37 d early
2023
on the day
2022
11 d early
2021
31 d late
2020
47 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 3 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 (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
2023 · €0
Total assets
€136,289▼ 61.5%
2024 · €354,299
Net result
€84,660▲ 45.9%
2024 · €58,023
Working capital
€48,511▼ 68.6%
2024 · €154,510
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0€0€0
Operating result€93,093▲ 3.5%€58,849▼ 36.8%€83,208▲ 41.4%€68,587▼ 17.6%€106,303▲ 55.0%
Net result€72,654▲ 3.7%€42,193▼ 41.9%€65,625▲ 55.5%€58,023▼ 11.6%€84,660▲ 45.9%
Equity€143,720▲ 102%€185,913▲ 29.4%€251,538▲ 35.3%€169,561▼ 32.6%€62,131▼ 63.4%
Total assets€183,554▲ 71.9%€242,736▲ 32.2%€287,471▲ 18.4%€354,299▲ 23.2%€136,289▼ 61.5%
Debt€39,835▲ 11.5%€56,823▲ 42.6%€35,934▼ 36.8%€184,738▲ 414%€74,158▼ 59.9%
Working capital€127,718▲ 101%€171,928▲ 34.6%€235,214▲ 36.8%€154,510▼ 34.3%€48,511▼ 68.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,289
Fixed assets
€13,866 ▼ 11.5%
Current assets
€122,423 ▼ 63.8%
Equity and liabilities €136,289
Equity
€62,131 ▼ 63.4%
Debt
€74,158 ▼ 59.9%
Debt's share of the balance-sheet total rises from 52.1% to 54.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€110,038▲
2024 · €72,073
Cash flow
€88,395▲
2024 · €61,509
Current ratio
1.66▼
2024 · 1.84
Debt to equity
1.19▲
2024 · 1.09
ROE
136.3%▲
2024 · 34.2%
ROA
62.1%▲
2024 · 16.4%
Interest coverage
57.41▲
2024 · 26.30
Debt ≤ 1 year
€73,912▼
2024 · €184,126
Income taxes
€24,691▲
2024 · €15,706
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | €0 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | - | €0 | €0 | - | - |
| Remuneration, social security and pensions62 | €0 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,717 | €3,396 | €3,652 | €3,486 | €3,735 | ▲ 7.2% |
| Other operating charges640/8 | €1,010 | €4,833 | €380 | €479 | €2,075 | ▲ 333% |
| Gross operating margin9900 | €96,820 | €67,078 | €87,240 | €72,552 | €112,113 | ▲ 54.5% |
| Operating profit (loss)9901 | €93,093 | €58,849 | €83,208 | €68,587 | €106,303 | ▲ 55.0% |
| Financial income75/76B | €1,030 | €1,746 | €5,479 | €7,883 | €4,965 | ▼ 37.0% |
| Recurring financial income75 | €1,030 | €1,746 | €5,479 | €7,883 | €4,965 | ▼ 37.0% |
| Financial charges65/66B | €1,846 | €3,416 | €2,774 | €2,741 | €1,917 | ▼ 30.1% |
| Recurring financial charges65 | €1,846 | €3,416 | €2,774 | €2,741 | €1,917 | ▼ 30.1% |
| Profit (loss) for the period before taxes9903 | €92,277 | €57,179 | €85,913 | €73,729 | €109,351 | ▲ 48.3% |
| Income taxes67/77 | €19,622 | €14,985 | €20,288 | €15,706 | €24,691 | ▲ 57.2% |
| Profit (loss) for the period9904 | €72,654 | €42,193 | €65,625 | €58,023 | €84,660 | ▲ 45.9% |
| Profit (loss) for the period to be appropriated9905 | €72,654 | €42,193 | €65,625 | €58,023 | €84,660 | ▲ 45.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €183,554 | €242,736 | €287,471 | €354,299 | €136,289 | ▼ 61.5% |
| Fixed assets21/28 | €16,002 | €14,731 | €16,484 | €15,664 | €13,866 | ▼ 11.5% |
| Tangible fixed assets22/27 | €15,897 | €14,626 | €16,379 | €15,559 | €13,761 | ▼ 11.6% |
| Land and buildings22 | €9,659 | €10,579 | €13,512 | €11,822 | €10,131 | ▼ 14.3% |
| Furniture and vehicles24 | €6,238 | €4,047 | €2,867 | €2,167 | €3,630 | ▲ 67.5% |
| Assets under construction and advance payments27 | - | - | - | €1,570 | €0 | ▼ 100% |
| Financial fixed assets28 | €105 | €105 | €105 | €105 | €105 | = |
| Current assets29/58 | €167,552 | €228,005 | €270,987 | €338,635 | €122,423 | ▼ 63.8% |
| Amounts receivable after more than one year29 | €102,605 | €169,851 | €218,266 | €266,082 | €61,648 | ▼ 76.8% |
| Other amounts receivable291 | €102,605 | €169,851 | €218,266 | €266,082 | €61,648 | ▼ 76.8% |
| Amounts receivable within one year40/41 | €36,836 | €24,077 | €18,440 | €20,918 | €47,853 | ▲ 129% |
| Trade receivables40 | €36,836 | €24,041 | €18,440 | €20,918 | €47,853 | ▲ 129% |
| Other amounts receivable41 | €0 | €37 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €26,038 | €25,793 | €3,542 | €19,031 | €11,483 | ▼ 39.7% |
| Deferred charges and accrued income490/1 | €2,072 | €8,283 | €30,739 | €32,605 | €1,440 | ▼ 95.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €183,554 | €242,736 | €287,471 | €354,299 | €136,289 | ▼ 61.5% |
| Equity10/15 | €143,720 | €185,913 | €251,538 | €169,561 | €62,131 | ▼ 63.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €142,720 | €184,913 | €250,538 | €168,561 | €61,131 | ▼ 63.7% |
| Amounts payable17/49 | €39,835 | €56,823 | €35,934 | €184,738 | €74,158 | ▼ 59.9% |
| Amounts payable within one year42/48 | €39,835 | €56,077 | €35,773 | €184,126 | €73,912 | ▼ 59.9% |
| Financial debts43 | - | €1,165 | €15,313 | €16,391 | €22,799 | ▲ 39.1% |
| Credit institutions430/8 | - | €1,165 | €15,313 | €16,391 | €22,799 | ▲ 39.1% |
| Trade debts44 | €6,736 | €3,642 | €880 | €810 | €4,224 | ▲ 422% |
| Suppliers440/4 | €6,736 | €3,642 | €880 | €810 | €4,224 | ▲ 422% |
| Taxes, remuneration and social security45 | €29,591 | €40,305 | €17,213 | €25,115 | €23,036 | ▼ 8.3% |
| Taxes450/3 | €29,591 | €40,305 | €17,213 | €25,115 | €23,036 | ▼ 8.3% |
| Remuneration and social security454/9 | €0 | - | €0 | €0 | €0 | - |
| Other amounts payable47/48 | €3,507 | €10,965 | €2,367 | €141,811 | €23,853 | ▼ 83.2% |
| Accrued charges and deferred income492/3 | €0 | €746 | €161 | €612 | €247 | ▼ 59.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,654 | €42,193 | €65,625 | €58,023 | €84,660 | ▲ 45.9% |
| + Depreciation and write-downs630 | €2,717 | €3,396 | €3,652 | €3,486 | €3,735 | ▲ 7.2% |
| Operating cash flow (approximation) | €75,371 | €45,589 | €69,277 | €61,509 | €88,395 | ▲ 43.7% |
| Investment in fixed assets (approximation) | - | -€2,125 | -€5,406 | -€2,665 | -€1,937 | ▲ 27.3% |
| Change in cash | - | -€245 | -€22,251 | €15,489 | -€7,548 | ▼ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €84,660 ▲45.9%
Operating result €106,303, net result €84,660, both a record.
30-10
State Gazette act
General meeting · Director resignation
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-07
State Gazette act
General meeting · Legal-form conversion
Purpose change · Statutes amendment
2023
31-12
Financial
Equity above €200,000Eq €251,538 ▲35.3%
4 profitable years in a row build equity to €251,538.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €42,193 ▼41.9%
Net result drops to €42,193, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €185,913 ▲29.4%
3 profitable years in a row build equity to €185,913.
16-09
State Gazette act
General meeting · Director reappointment
Director appointment · Power of attorney
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Show earlier events
2021
31-12
Financial
Equity above €100,000Eq €143,720 ▲102%
2 profitable years in a row build equity to €143,720.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
12-05
State Gazette act
Board meeting · Registered-office move
Power of attorney
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hannut · 1 establishment unit since 2020
Ground area
2,429 m²
Building footprint
323 m²
Volume, LiDAR
2,159 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Audaces
since 20202.299.274.241
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64020A0331/00E002 | Wallonia | 1,604 m² | 1 · 140 m² | 10.0 m · 3 fl. |
| 64020A0190/00S000 | Wallonia | 824 m² | 1 · 183 m² | 7.1 m · 2 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.
Structure & network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
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Linked via shared directors
JD'C INNOVATION
Shared director
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
69109Other legal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0742913793
Also
9925:BE0742913793
Registered
08-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.