Result
The result fell in 2025: the 2024 profit included a one-off income of €117,276.
The result fell in 2025: the 2024 profit included a one-off income of €117,276.
Eight of the last ten came late. The 2019 accounts came latest: 226 days after the end of the period.
Higher solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,376 companies.
In July 2024, 31,368 companies had the same profile as BELSTER has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for BELSTER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BELSTER Aartselaar | €440,685 | €72,401 | 96.8% | - |
| GRASGROEN Kapellen | €425,256 | €69,396 | 18.4% | - |
| ZINNT Antwerp | €451,157 | €75,220 | 32.9% | - |
| Bowlines Edegem | €445,088 | €76,240 | 95.9% | - |
| TWO² Wijnegem | €455,477 | €67,464 | 28.5% | - |
| C2G CONSULTANCY Schoten | €451,799 | €77,969 | 63.5% | - |
| Princen IT-Solutions Edegem | €394,739 | €73,373 | 35.9% | - |
These companies have the same main activity as BELSTER: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €395,000 and €455,000, founded between 2005 and 2007.
BELSTER files the micro format. That format states no turnover. The gross margin fell from €76,374 in 2009 to €72,401 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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