BDF Consult
ActiveSummary
BDF Consult has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €198,489. Equity is growing by ~75.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+2
Solvency80▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.97 in 2024; short-term debt: 16.6% and cash: 0.6% of total assets), and 45.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
54.6%
Return on assets
8.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
1 d early
2022
on the day
2021
on the day
2020
2 d early
2019
28 d late
← 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 4 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.2m▲ 36.2%
2024 · €896,123
Total assets
€2.2m▲ 10.1%
2024 · €2.0m
Net result
€198,489▲ 31.9%
2024 · €150,470
Working capital
€120,505
2024 · -€14,859
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€136,476▲ 874%€376,827▲ 176%€440,157▲ 16.8%€358,850▼ 18.5%€451,504▲ 25.8%
Net result€107,838above the sector's middle half▲ 672%€262,111above the sector's middle half▲ 143%€307,640above the sector's middle half▲ 17.4%€150,470above the sector's middle half▼ 51.1%€198,489above the sector's middle half▲ 31.9%
Equity€70,652within the sector's middle half€332,762above the sector's middle half▲ 371%€640,403above the sector's middle half▲ 92.5%€896,123above the sector's middle half▲ 39.9%€1.2mabove the sector's middle half▲ 36.2%
Total assets€278,320within the sector's middle half▲ 192%€1.7mabove the sector's middle half▲ 503%€1.5mabove the sector's middle half▼ 8.2%€2.0mabove the sector's middle half▲ 31.7%€2.2mabove the sector's middle half▲ 10.1%
Debt€207,668▲ 56.7%€1.3m▲ 548%€901,654▼ 33.0%€1.1m▲ 25.9%€1.0m▼ 10.6%
Working capital€59,285within the sector's middle half-€617,193below the sector's middle half€355,917above the sector's middle half-€14,859below the sector's middle half€120,505within the sector's middle half
Solvency25.4%within the sector's middle half▲ 64.4pp19.8%below the sector's middle half▼ 5.6pp41.5%within the sector's middle half▲ 21.7pp44.1%within the sector's middle half▲ 2.6pp54.6%within the sector's middle half▲ 10.5pp
Current ratio1.29within the sector's middle half▲ 0.720.54below the sector's middle half▼ 0.742.80within the sector's middle half▲ 2.260.97below the sector's middle half▼ 1.841.33within the sector's middle half▲ 0.36
Return on assets (ROA)38.7%above the sector's middle half▲ 24.1pp15.6%within the sector's middle half▼ 23.1pp20.0%within the sector's middle half▲ 4.3pp7.4%within the sector's middle half▼ 12.5pp8.9%within the sector's middle half▲ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.7m ▲ 10.0%
Current assets
€491,187 ▲ 10.2%
Equity and liabilities €2.2m
Equity
€1.2m ▲ 36.2%
Debt
€1.0m ▼ 10.6%
Debt's share of the balance-sheet total falls from 55.9% to 45.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€535,936▲
2024 · €414,065
Cash flow
€282,921▲
2024 · €205,684
Debt to equity
0.83▼
2024 · 1.27
ROE
16.3%▼
2024 · 16.8%
Interest coverage
26.66▲
2024 · 19.83
Debt ≤ 1 year
€370,681▼
2024 · €460,509
Debt > 1 year
€640,250▼
2024 · €670,688
Income taxes
€108,865▲
2024 · €84,974
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,778 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 497,662 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% | 1.7% |
| 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 75% 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 6,778 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 | €9,748 | €9,258 | €32,537 | €55,214 | €84,432 | ▲ 52.9% |
| Other operating charges640/8 | - | €121,307 | €893 | €67,510 | €5,949 | ▼ 91.2% |
| Gross operating margin9900 | €146,852 | €507,392 | €473,587 | €481,575 | €541,884 | ▲ 12.5% |
| Operating profit (loss)9901 | €136,476 | €376,827 | €440,157 | €358,850 | €451,504 | ▲ 25.8% |
| Financial income75/76B | - | - | €0 | €2,720 | €2,252 | ▼ 17.2% |
| Recurring financial income75 | - | - | €0 | €2,720 | €2,252 | ▼ 17.2% |
| Financial charges65/66B | - | €5,480 | €17,867 | €20,877 | €20,102 | ▼ 3.7% |
| Recurring financial charges65 | €85 | €5,480 | €17,867 | €20,877 | €20,102 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | €136,391 | €371,347 | €422,291 | €340,694 | €433,653 | ▲ 27.3% |
| Transfer to deferred taxes680 | - | - | - | €105,250 | €126,300 | ▲ 20.0% |
| Income taxes67/77 | €28,553 | €109,237 | €114,650 | €84,974 | €108,865 | ▲ 28.1% |
| Profit (loss) for the period9904 | €107,838 | €262,111 | €307,640 | €150,470 | €198,489 | ▲ 31.9% |
| Profit (loss) for the period to be appropriated9905 | €107,838 | €262,111 | €307,640 | €150,470 | €198,489 | ▲ 31.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €278,320 | €1.7m | €1.5m | €2.0m | €2.2m | ▲ 10.1% |
| Fixed assets21/28 | €11,367 | €949,955 | €988,864 | €1.6m | €1.7m | ▲ 10.0% |
| Tangible fixed assets22/27 | €11,167 | €949,755 | €988,664 | €1.6m | €1.7m | ▲ 10.0% |
| Land and buildings22 | - | €947,759 | €969,573 | €1.5m | €1.7m | ▲ 12.4% |
| Plant, machinery and equipment23 | - | - | - | - | €5,340 | - |
| Furniture and vehicles24 | - | €1,996 | €19,090 | €90,410 | €58,570 | ▼ 35.2% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €266,953 | €729,354 | €553,193 | €445,650 | €491,187 | ▲ 10.2% |
| Amounts receivable within one year40/41 | €205,809 | €45,952 | €53,791 | €94,041 | €131,726 | ▲ 40.1% |
| Trade receivables40 | - | €42,961 | €50,801 | €24,051 | €129,255 | ▲ 437% |
| Other amounts receivable41 | - | €2,990 | €2,990 | €69,990 | €2,471 | ▼ 96.5% |
| Current investments50/53 | - | €120,000 | €295,000 | €345,000 | €345,000 | = |
| Cash at bank and in hand54/58 | €60,774 | €562,972 | €203,813 | €6,020 | €12,840 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | €431 | €589 | €589 | €1,620 | ▲ 175% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €278,320 | €1.7m | €1.5m | €2.0m | €2.2m | ▲ 10.1% |
| Equity10/15 | €70,652 | €332,762 | €640,403 | €896,123 | €1.2m | ▲ 36.2% |
| Contributions10/11 | €198 | €198 | €198 | €198 | €198 | = |
| Capital10 | - | €198 | - | - | - | - |
| Issued capital100 | - | €198 | - | - | - | - |
| Outside capital11 | - | - | €198 | €198 | €198 | = |
| Other1109/19 | - | - | €198 | €198 | €198 | = |
| Reserves13 | - | - | - | €105,250 | €231,550 | ▲ 120% |
| Tax-exempt reserves132 | - | - | - | €105,250 | €231,550 | ▲ 120% |
| Profit (loss) carried forward14 | €70,454 | €332,564 | €640,205 | €790,675 | €989,164 | ▲ 25.1% |
| Amounts payable17/49 | €207,668 | €1.3m | €901,654 | €1.1m | €1.0m | ▼ 10.6% |
| Amounts payable after more than one year17 | - | - | €700,260 | €670,688 | €640,250 | ▼ 4.5% |
| Financial debts170/4 | - | - | €700,260 | €670,688 | €640,250 | ▼ 4.5% |
| Amounts payable within one year42/48 | €207,668 | €1.3m | €197,276 | €460,509 | €370,681 | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | - | - | €28,730 | €29,572 | €30,438 | ▲ 2.9% |
| Financial debts43 | - | - | €614 | - | - | - |
| Credit institutions430/8 | - | - | €614 | - | - | - |
| Trade debts44 | €1,714 | €984,362 | €12,063 | €42,881 | €60,566 | ▲ 41.2% |
| Suppliers440/4 | - | €984,362 | €12,063 | €42,881 | €60,566 | ▲ 41.2% |
| Taxes, remuneration and social security45 | - | €143,929 | €154,893 | €101,343 | €57,429 | ▼ 43.3% |
| Taxes450/3 | - | €143,929 | €154,893 | €101,343 | €57,429 | ▼ 43.3% |
| Other amounts payable47/48 | - | €218,256 | €977 | €286,713 | €222,249 | ▼ 22.5% |
| Accrued charges and deferred income492/3 | - | - | €4,118 | €4,118 | €4,118 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,838 | €262,111 | €307,640 | €150,470 | €198,489 | ▲ 31.9% |
| + Depreciation and write-downs630 | €9,748 | €9,258 | €32,537 | €55,214 | €84,432 | ▲ 52.9% |
| Operating cash flow (approximation) | €117,586 | €271,369 | €340,177 | €205,684 | €282,921 | ▲ 37.6% |
| Investment in fixed assets (approximation) | - | -€947,846 | -€71,446 | -€652,139 | -€243,419 | ▲ 62.7% |
| Change in cash | - | €502,198 | -€359,158 | -€197,793 | €6,820 | ▲ 103% |
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Equity above €1mEq €1.2m ▲36.2%
6 profitable years in a row build equity to €1.2m.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €307,640 ▲17.4%
Net result €307,640, the highest in the series.
30-06
Financial
Liquidity times 5current ratio 2.80
Current ratio from 0.54 to 2.80; short-term debt falls from €1.3m to €197,276.
30-06
Financial
Equity above €500,000Eq €640,403 ▲92.5%
4 profitable years in a row build equity to €640,403.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €200,000Eq €332,762 ▲371%
3 profitable years in a row build equity to €332,762.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 1.29
Current ratio from 0.57 to 1.29.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
30-06
Financial
Back to profitnet €13,971
Net result €13,971 after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
Financial milestoneNBB 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, Wavre · 1 establishment unit since 2017
Ground area
1,203 m²
Building footprint
191 m²
Volume, LiDAR
1,495 m³
Parcel 25055C0282/00R000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BDF Consult
since 20172.265.636.522
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055C0282/00R000 | Wallonia | 1,203 m² | 1 · 190 m² | 10.2 m · 3 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
549300TRQJASYXLBLN97
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 25,689 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
Founded27-06-2017
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
82990Other business support services
Contact
E-mail
bdefrenne@gmail.comWavre
Phone
0494/83.14.46Wavre
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677581622
Also
9925:BE0677581622
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.