B.A. CONSULT
ActiveSummary
B.A. CONSULT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €28k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-11
Solvency58▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 3.05 in 2024; short-term debt: 56.8% and cash: 72% of total assets), but 67% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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 →
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
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
33%
Return on assets
6.7%
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
44 d early
2023
48 d early
2022
62 d early
2021
45 d early
2020
60 d early
2019
59 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€139k▼ 44.1%
2024 · €248k
Total assets
€420k▲ 0.1%
2024 · €419k
Net result
€28k▼ 57.0%
2024 · €65k
Working capital
€129k▼ 43.9%
2024 · €230k
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€79k▲ 24.4%€79k▼ 0.2%€35k▼ 55.4%€93k▲ 163%€42k▼ 54.9%
Net result€56k▲ 25.1%€52k▼ 7.0%€25k▼ 52.2%€65k▲ 162%€28k▼ 57.0%
Equity€208k▲ 36.9%€234k▲ 12.5%€234k▼ 0.1%€248k▲ 6.1%€139k▼ 44.1%
Total assets€356k▲ 21.3%€476k▲ 33.5%€404k▼ 15.0%€419k▲ 3.7%€420k▲ 0.1%
Debt€148k▲ 4.6%€242k▲ 62.8%€170k▼ 29.4%€171k▲ 0.4%€281k▲ 64.3%
Working capital€173k▲ 62.5%€240k▲ 38.6%€231k▼ 3.8%€230k▼ 0.6%€129k▼ 43.9%
Staff (FTE)2▼ 23.1%1▼ 50.0%1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420k
Fixed assets
€52k ▼ 32.4%
Current assets
€367k ▲ 7.5%
Equity and liabilities €420k
Equity
€139k ▼ 44.1%
Debt
€281k ▲ 64.3%
Debt's share of the balance-sheet total rises from 40.8% to 67.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€70k▼
2024 · €129k
Cash flow
€56k▼
2024 · €102k
Current ratio
1.54▼
2024 · 3.05
Debt to equity
2.03▲
2024 · 0.69
ROE
20.2%▼
2024 · 26.3%
ROA
6.7%▼
2024 · 15.6%
Interest coverage
33.95▼
2024 · 56.16
Debt ≤ 1 year
€239k▲
2024 · €112k
Debt > 1 year
€43k▼
2024 · €59k
Income taxes
€13k▼
2024 · €26k
Staff costs
€50k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €904 | - | - |
| Remuneration, social security and pensions62 | €34k | €34k | €60k | €53k | €50k | ▼ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €30k | €35k | €37k | €28k | ▼ 24.1% |
| Other operating charges640/8 | €348 | €452 | - | €772 | €400 | ▼ 48.2% |
| Non-recurring operating charges66A | - | - | - | - | €771 | - |
| Gross operating margin9900 | €133k | €143k | €131k | €183k | €120k | ▼ 34.2% |
| Operating profit (loss)9901 | €79k | €79k | €35k | €93k | €42k | ▼ 54.9% |
| Financial income75/76B | €87 | - | €636 | €1k | €1k | ▲ 8.7% |
| Recurring financial income75 | €87 | - | €636 | €1k | €1k | ▲ 8.7% |
| Financial charges65/66B | €1k | €1k | €3k | €2k | €2k | ▼ 11.0% |
| Recurring financial charges65 | €1k | €1k | €3k | €2k | €2k | ▼ 11.0% |
| Profit (loss) for the period before taxes9903 | €78k | €78k | €33k | €92k | €41k | ▼ 55.1% |
| Income taxes67/77 | €22k | €25k | €8k | €26k | €13k | ▼ 50.4% |
| Profit (loss) for the period9904 | €56k | €52k | €25k | €65k | €28k | ▼ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €56k | €52k | €25k | €65k | €28k | ▼ 57.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €356k | €476k | €404k | €419k | €420k | ▲ 0.1% |
| Fixed assets21/28 | €58k | €96k | €78k | €78k | €52k | ▼ 32.4% |
| Tangible fixed assets22/27 | €58k | €96k | €78k | €77k | €52k | ▼ 32.5% |
| Furniture and vehicles24 | €58k | €77k | €49k | €54k | €34k | ▼ 37.6% |
| Other tangible fixed assets26 | - | €19k | €29k | €23k | €18k | ▼ 20.6% |
| Financial fixed assets28 | €180 | €180 | €180 | €180 | €180 | = |
| Current assets29/58 | €298k | €379k | €326k | €342k | €367k | ▲ 7.5% |
| Amounts receivable after more than one year29 | - | €20k | - | - | - | - |
| Other amounts receivable291 | - | €20k | - | - | - | - |
| Amounts receivable within one year40/41 | €32k | €46k | €56k | €98k | €4k | ▼ 95.9% |
| Trade receivables40 | €32k | €46k | €41k | €96k | €4k | ▼ 95.8% |
| Other amounts receivable41 | - | - | €15k | €1k | - | - |
| Current investments50/53 | - | - | - | €10k | €10k | = |
| Cash at bank and in hand54/58 | €266k | €236k | €202k | €174k | €302k | ▲ 73.7% |
| Deferred charges and accrued income490/1 | - | €78k | €69k | €60k | €51k | ▼ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €356k | €476k | €404k | €419k | €420k | ▲ 0.1% |
| Equity10/15 | €208k | €234k | €234k | €248k | €139k | ▼ 44.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €170k | €202k | €215k | €230k | €120k | ▼ 47.7% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €169k | €202k | €215k | €230k | €120k | ▼ 47.7% |
| Profit (loss) carried forward14 | €19k | €13k | - | - | - | - |
| Amounts payable17/49 | €148k | €242k | €170k | €171k | €281k | ▲ 64.3% |
| Amounts payable after more than one year17 | €24k | €102k | €75k | €59k | €43k | ▼ 27.9% |
| Financial debts170/4 | €24k | €102k | €75k | €59k | €43k | ▼ 27.9% |
| Amounts payable within one year42/48 | €125k | €139k | €95k | €112k | €239k | ▲ 113% |
| Current portion of amounts payable after more than one year42 | €14k | €28k | €27k | €16k | €16k | ▲ 1.8% |
| Trade debts44 | €12k | €13k | €5k | €4k | €10k | ▲ 130% |
| Suppliers440/4 | €12k | €13k | €5k | €4k | €10k | ▲ 130% |
| Taxes, remuneration and social security45 | €38k | €72k | €40k | €33k | €30k | ▼ 8.4% |
| Taxes450/3 | €25k | €51k | €23k | €8k | €22k | ▲ 171% |
| Remuneration and social security454/9 | €14k | €21k | €17k | €25k | €8k | ▼ 68.0% |
| Other amounts payable47/48 | €61k | €26k | €23k | €58k | €182k | ▲ 212% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56k | €52k | €25k | €65k | €28k | ▼ 57.0% |
| + Depreciation and write-downs630 | €19k | €30k | €35k | €37k | €28k | ▼ 24.1% |
| Operating cash flow (approximation) | €75k | €82k | €60k | €102k | €56k | ▼ 45.2% |
| Investment in fixed assets (approximation) | - | €-68k | €-17k | €-36k | €-3k | ▲ 93.0% |
| Change in cash | - | €-30k | €-34k | €-27k | €128k | ▲ 568% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €65k ▲162%
Operating result €93k, net result €65k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €208k ▲36.9%
4 profitable years in a row build equity to €208k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €152k ▲41.8%
3 profitable years in a row build equity to €152k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €107k ▲40.7%
2 profitable years in a row build equity to €107k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Sint-Pieters-Woluwe · 1 establishment unit since 1991
Ground area
1,772 m²
Building footprint
252 m²
Volume, LiDAR
2,802 m³
2 parcels, Brussels, Flanders · tallest building 25.2 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
B.A. CONSULT
since 19912.051.308.884
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24114B0019/00C002 | Flanders | 1,304 m² | 1 · 123 m² | 11.2 m · 3 fl. |
| 21019A0192/00T000 | Brussels | 468 m² | 1 · 129 m² | 25.2 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,882 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
Founded26-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.