AUDAFORVAT
ActiveSummary
AUDAFORVAT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €670,131 and a net result of €56,501. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 8711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 4.83 against 4.27 in 2024; short-term debt: 20.3% and cash: 5.5% of total assets), and 20.3% of the assets are financed with debt.
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Signals
Four 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 →
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
79.7%
Return on assets
6.7%
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 27-08-2026, 27 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 · 8 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
29 d late
2022
39 d early
2021
24 d early
2020
25 d late
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€56,501▲ 0.4%
2024 · €56,289
Working capital
€652,644▲ 0.2%
2024 · €651,284
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
Operating result€362,422▲ 161%€535,474▲ 47.7%€106,274▼ 80.2%€53,963▼ 49.2%€67,838▲ 25.7%
Net result€237,334▲ 165%€366,728▲ 54.5%€98,033▼ 73.3%€56,289▼ 42.6%€56,501▲ 0.4%
Equity€499,935▲ 89.8%€774,513▲ 54.9%€767,653▼ 0.9%€669,919▼ 12.7%€670,131=
Total assets€817,512▼ 28.0%€1.1m▲ 37.5%€1.1m▲ 0.5%€870,893▼ 22.9%€840,423▼ 3.5%
Debt€317,577▼ 63.6%€349,908▲ 10.2%€362,130▲ 3.5%€200,974▼ 44.5%€170,292▼ 15.3%
Working capital€485,094▼ 38.0%€755,089▲ 55.7%€946,831▲ 25.4%€651,284▼ 31.2%€652,644▲ 0.2%
Why a figure moved sharply
- 2023 Net result -73% on 2022. The accounts now follow the full schema, last year the micro schema.
- 2022 Net result +55%, Equity +55% on 2021. Cause not known from the registers.
- 2021 Net result +165%, Equity +90% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €840,423
Fixed assets
€17,486 ▼ 14.2%
Current assets
€822,937 ▼ 3.2%
Equity and liabilities €840,423
Equity
€670,131 =
Debt
€170,292 ▼ 15.3%
Debt's share of the balance-sheet total falls from 23.1% to 20.3%. Debt is lower.
Key figures and ratios
EBITDA
€70,729▲
2024 · €57,758
Cash flow
€59,392▼
2024 · €60,084
Current ratio
4.83▲
2024 · 4.27
Debt to equity
0.25▼
2024 · 0.30
ROE
8.4%▲
2024 · 8.4%
ROA
6.7%▲
2024 · 6.5%
Interest coverage
15.74▲
2024 · 12.30
Debt ≤ 1 year
€170,292▼
2024 · €199,231
Income taxes
€18,798▲
2024 · €18,331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 6,776 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,831 | €4,407 | €4,244 | €3,795 | €2,891 | ▼ 23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €10,000 | -€10,000 | - | - |
| Other operating charges640/8 | €2,339 | €1,635 | €1,302 | €16,067 | €2,343 | ▼ 85.4% |
| Gross operating margin9900 | €369,592 | €541,517 | €121,821 | €63,826 | €73,072 | ▲ 14.5% |
| Operating profit (loss)9901 | €362,422 | €535,474 | €106,274 | €53,963 | €67,838 | ▲ 25.7% |
| Financial income75/76B | €727 | €1,163 | €30,697 | €25,352 | €11,955 | ▼ 52.8% |
| Recurring financial income75 | €727 | €1,163 | €30,697 | €25,352 | €11,955 | ▼ 52.8% |
| Financial charges65/66B | €15,555 | €11,428 | €8,299 | €4,694 | €4,495 | ▼ 4.3% |
| Recurring financial charges65 | €15,555 | €11,428 | €8,299 | €4,694 | €4,495 | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | €347,594 | €525,209 | €128,673 | €74,621 | €75,299 | ▲ 0.9% |
| Income taxes67/77 | €110,260 | €158,481 | €30,640 | €18,331 | €18,798 | ▲ 2.5% |
| Profit (loss) for the period9904 | €237,334 | €366,728 | €98,033 | €56,289 | €56,501 | ▲ 0.4% |
| Profit (loss) for the period to be appropriated9905 | €237,334 | €366,728 | €98,033 | €56,289 | €56,501 | ▲ 0.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €817,512 | €1.1m | €1.1m | €870,893 | €840,423 | ▼ 3.5% |
| Fixed assets21/28 | €17,326 | €19,424 | €15,899 | €20,378 | €17,486 | ▼ 14.2% |
| Tangible fixed assets22/27 | €17,287 | €16,924 | €13,399 | €16,378 | €13,486 | ▼ 17.7% |
| Plant, machinery and equipment23 | €8,968 | €7,048 | €5,128 | €9,576 | €7,601 | ▼ 20.6% |
| Furniture and vehicles24 | €8,319 | €9,876 | €8,271 | €6,802 | €5,885 | ▼ 13.5% |
| Financial fixed assets28 | €39 | €2,500 | €2,500 | €4,000 | €4,000 | = |
| Current assets29/58 | €800,186 | €1.1m | €1.1m | €850,515 | €822,937 | ▼ 3.2% |
| Stocks and contracts in progress3 | €390,168 | - | - | - | - | - |
| Stocks30/36 | €390,168 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €102,039 | €48,937 | €26,804 | €122,343 | €223,667 | ▲ 82.8% |
| Trade receivables40 | €94,934 | €13,430 | €21,339 | €30,248 | €45,107 | ▲ 49.1% |
| Other amounts receivable41 | €7,105 | €35,507 | €5,466 | €92,094 | €178,561 | ▲ 93.9% |
| Current investments50/53 | - | - | €1.1m | €724,545 | €551,041 | ▼ 23.9% |
| Cash at bank and in hand54/58 | €276,883 | €1.1m | €28,342 | €1,153 | €45,831 | ▲ 3,875% |
| Deferred charges and accrued income490/1 | €31,096 | €15 | €73 | €2,475 | €2,397 | ▼ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €817,512 | €1.1m | €1.1m | €870,893 | €840,423 | ▼ 3.5% |
| Equity10/15 | €499,935 | €774,513 | €767,653 | €669,919 | €670,131 | = |
| Contributions10/11 | €18,600 | €18,600 | €13,600 | €13,600 | €13,600 | = |
| Reserves13 | €481,335 | €755,913 | €754,053 | €600,030 | €600,030 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €479,475 | €754,053 | €754,053 | €600,030 | €600,030 | = |
| Profit (loss) carried forward14 | - | - | - | €56,289 | €56,501 | ▲ 0.4% |
| Amounts payable17/49 | €317,577 | €349,908 | €362,130 | €200,974 | €170,292 | ▼ 15.3% |
| Amounts payable after more than one year17 | €2,485 | - | - | - | - | - |
| Other amounts payable178/9 | €2,485 | - | - | - | - | - |
| Amounts payable within one year42/48 | €315,092 | €349,908 | €167,054 | €199,231 | €170,292 | ▼ 14.5% |
| Current portion of amounts payable after more than one year42 | €38,359 | €138,359 | €8,478 | €8,458 | €8,417 | ▼ 0.5% |
| Trade debts44 | €61,376 | €36,370 | €31,150 | €31,694 | €23,006 | ▼ 27.4% |
| Suppliers440/4 | €61,376 | €36,370 | €31,150 | €31,694 | €23,006 | ▼ 27.4% |
| Taxes, remuneration and social security45 | €207,474 | €72,413 | €6,974 | €4,958 | €14,256 | ▲ 188% |
| Taxes450/3 | €207,474 | €72,413 | €6,974 | €4,958 | €14,256 | ▲ 188% |
| Other amounts payable47/48 | €7,883 | €102,767 | €120,451 | €154,121 | €124,613 | ▼ 19.1% |
| Accrued charges and deferred income492/3 | - | - | €195,077 | €1,742 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €237,334 | €366,728 | €98,033 | €56,289 | €56,501 | ▲ 0.4% |
| + Depreciation and write-downs630 | €4,831 | €4,407 | €4,244 | €3,795 | €2,891 | ▼ 23.8% |
| Operating cash flow (approximation) | €242,165 | €371,136 | €102,277 | €60,084 | €59,392 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | -€6,506 | -€719 | -€8,274 | €0 | ▲ 100% |
| Change in cash | - | €779,162 | -€1.0m | -€27,189 | €44,678 | ▲ 264% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €56,289 ▼42.6%
Net result drops to €56,289, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 6.67
Current ratio from 3.16 to 6.67; short-term debt falls from €349,908 to €167,054.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €366,728 ▲54.5%
Operating result €535,474, net result €366,728, both a record.
31-12
Financial
Equity above €500,000Eq €774,513 ▲54.9%
5 profitable years in a row build equity to €774,513.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-11
State Gazette act
Board meeting · Board composition
Permanent representative · Demerger
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Equity above €200,000Eq €263,401 ▲51%
3 profitable years in a row build equity to €263,401.
Show earlier events
14-07
State Gazette act
Board meeting · Director appointment
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
25-02
State Gazette act
Board meeting · Demerger
Capital decrease · Capital increase
2019
31-12
Financial
Equity above €150,000Eq €174,483 ▲70.8%
2 profitable years in a row build equity to €174,483.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
11-07
State Gazette act
General meeting · Director reappointment
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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, Chaudfontaine · 1 establishment unit since 2018
Ground area
3,070 m²
Building footprint
186 m²
Parcel 62012A0006/00X007, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AUDAFORVAT
since 20182.271.584.107
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012A0006/00X007 | Wallonia | 3,070 m² | 1 · 186 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 3
- Sourceown accounts 202450%
-
50%
-
5 shares
According to the 2024 annual accounts of AUDAFORVAT 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
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
3 locations
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 32,003 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
Founded08-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687628644
Also
9925:BE0687628644
Registered
13-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.