BESTA
ActiveSummary
BESTA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€164,496) and a net result of €23,601. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 7% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+10
Solvency13▲+3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.76 in 2024; short-term debt: 25.5% and cash: 5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 8765 sector peers (2025).
NBB · sector comparisonPosition among 8765 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
14 d early
2023
41 d early
2022
40 d early
2021
11 d late
2020
58 d early
2019
4 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 16 days before 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. Usually files around 17 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€164,496▲ 12.5%
2024 · -€188,097
Total assets
€1.4m▲ 12.3%
2024 · €1.2m
Net result
€23,601▲ 585%
2024 · €3,447
Working capital
-€113,258▼ 32.7%
2024 · -€85,373
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€15,394▼ 23.8%€8,363▼ 45.7%-€2,248€13,718€51,691▲ 277%
Net result€6,391within the sector's middle half▼ 40.8%-€5,797below the sector's middle half-€17,565below the sector's middle half▼ 203%€3,447within the sector's middle half€23,601within the sector's middle half▲ 585%
Equity-€168,182below the sector's middle half▲ 3.7%-€173,979below the sector's middle half▼ 3.4%-€191,544below the sector's middle half▼ 10.1%-€188,097below the sector's middle half▲ 1.8%-€164,496below the sector's middle half▲ 12.5%
Total assets€726,365above the sector's middle half▼ 3.2%€1.1mabove the sector's middle half▲ 51.3%€1.2mabove the sector's middle half▲ 6.6%€1.2mabove the sector's middle half▲ 5.8%€1.4mwithin the sector's middle half▲ 12.3%
Debt€894,547▼ 3.3%€1.3m▲ 42.3%€1.4m▲ 7.0%€1.4m▲ 4.8%€1.6m▲ 9.0%
Working capital-€357,069below the sector's middle half▼ 11.8%-€14,257below the sector's middle half▲ 96.0%-€60,122below the sector's middle half▼ 322%-€85,373below the sector's middle half▼ 42.0%-€113,258below the sector's middle half▼ 32.7%
Solvency-23.2%below the sector's middle half▲ 0.1pp-15.8%below the sector's middle half▲ 7.3pp-16.4%below the sector's middle half▼ 0.5pp-15.2%below the sector's middle half▲ 1.2pp-11.8%below the sector's middle half▲ 3.4pp
Current ratio0.04below the sector's middle half▼ 0.060.96below the sector's middle half▲ 0.920.84below the sector's middle half▼ 0.120.76below the sector's middle half▼ 0.070.68within the sector's middle half▼ 0.08
Return on assets (ROA)0.9%below the sector's middle half▼ 0.6pp-0.5%below the sector's middle half▼ 1.4pp-1.5%below the sector's middle half▼ 1.0pp0.3%below the sector's middle half▲ 1.8pp1.7%within the sector's middle half▲ 1.4pp
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 277% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m ▲ 18.8%
Current assets
€242,014 ▼ 11.0%
Key figures and ratios
EBITDA
€149,120▲
2024 · €87,035
Cash flow
€121,030▲
2024 · €76,763
Debt to equity
-9.46▼
2024 · -7.59
Interest coverage
5.24▲
2024 · 4.26
Debt ≤ 1 year
€355,272▼
2024 · €357,263
Debt > 1 year
€1.2m▲
2024 · €1.1m
Income taxes
€2,819
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 522 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
3.8%
went bankrupt
1.7%
stopped otherwise
94%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 522 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 | €27,997 | €36,674 | €50,474 | €73,316 | €97,429 | ▲ 32.9% |
| Other operating charges640/8 | €5,410 | €4,192 | €4,333 | €7,752 | €7,087 | ▼ 8.6% |
| Gross operating margin9900 | €48,802 | €49,230 | €52,559 | €94,786 | €156,207 | ▲ 64.8% |
| Operating profit (loss)9901 | €15,394 | €8,363 | -€2,248 | €13,718 | €51,691 | ▲ 277% |
| Financial income75/76B | - | €0 | €5,891 | €10,147 | €3,208 | ▼ 68.4% |
| Recurring financial income75 | - | €0 | €5,891 | €10,147 | €3,208 | ▼ 68.4% |
| Financial charges65/66B | €9,004 | €14,160 | €21,208 | €20,418 | €28,479 | ▲ 39.5% |
| Recurring financial charges65 | €9,004 | €14,160 | €21,208 | €20,418 | €28,479 | ▲ 39.5% |
| Profit (loss) for the period before taxes9903 | €6,391 | -€5,797 | -€17,565 | €3,447 | €26,420 | ▲ 667% |
| Income taxes67/77 | - | - | - | - | €2,819 | - |
| Profit (loss) for the period9904 | €6,391 | -€5,797 | -€17,565 | €3,447 | €23,601 | ▲ 585% |
| Profit (loss) for the period to be appropriated9905 | €6,391 | -€5,797 | -€17,565 | €3,447 | €23,601 | ▲ 585% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €726,365 | €1.1m | €1.2m | €1.2m | €1.4m | ▲ 12.3% |
| Fixed assets21/28 | €712,782 | €766,751 | €866,826 | €967,657 | €1.1m | ▲ 18.8% |
| Tangible fixed assets22/27 | €712,782 | €766,751 | €866,826 | €967,657 | €1.1m | ▲ 18.8% |
| Land and buildings22 | €712,234 | €766,621 | €866,741 | €966,013 | €1.1m | ▲ 15.4% |
| Plant, machinery and equipment23 | €245 | €0 | €85 | €1,644 | €2,187 | ▲ 33.0% |
| Furniture and vehicles24 | €303 | €130 | - | - | €28,277 | - |
| Other tangible fixed assets26 | - | - | - | - | €4,403 | - |
| Current assets29/58 | €13,583 | €332,354 | €304,370 | €271,890 | €242,014 | ▼ 11.0% |
| Amounts receivable within one year40/41 | €4,473 | €1,458 | €4,959 | €21,700 | €3,962 | ▼ 81.7% |
| Trade receivables40 | €3,109 | - | €1,844 | €16,017 | €1,915 | ▼ 88.0% |
| Other amounts receivable41 | €1,364 | €1,458 | €3,115 | €5,683 | €2,047 | ▼ 64.0% |
| Current investments50/53 | - | - | €290,030 | €200,330 | €165,945 | ▼ 17.2% |
| Cash at bank and in hand54/58 | €8,386 | €329,953 | €8,482 | €49,714 | €69,988 | ▲ 40.8% |
| Deferred charges and accrued income490/1 | €724 | €944 | €899 | €145 | €2,120 | ▲ 1,361% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €726,365 | €1.1m | €1.2m | €1.2m | €1.4m | ▲ 12.3% |
| Equity10/15 | -€168,182 | -€173,979 | -€191,544 | -€188,097 | -€164,496 | ▲ 12.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Uncalled capital101 | €12,400 | - | - | - | - | - |
| Outside capital11 | - | €6,200 | €6,200 | - | - | - |
| Other1109/19 | - | €6,200 | €6,200 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €24,360 | ▲ 1,210% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €22,500 | - |
| Profit (loss) carried forward14 | -€176,242 | -€182,039 | -€199,604 | -€196,157 | -€195,056 | ▲ 0.6% |
| Amounts payable17/49 | €894,547 | €1.3m | €1.4m | €1.4m | €1.6m | ▲ 9.0% |
| Amounts payable after more than one year17 | €522,826 | €926,231 | €997,212 | €1.1m | €1.2m | ▲ 12.1% |
| Financial debts170/4 | €522,826 | €926,231 | €997,212 | €1.1m | €1.2m | ▲ 12.1% |
| Amounts payable within one year42/48 | €370,652 | €346,611 | €364,492 | €357,263 | €355,272 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | €71,913 | €39,198 | €51,242 | €78,225 | €66,843 | ▼ 14.6% |
| Trade debts44 | €3,196 | €4,976 | €6,077 | €19,543 | €14,292 | ▼ 26.9% |
| Suppliers440/4 | €3,196 | €4,976 | €6,077 | €19,543 | €14,292 | ▼ 26.9% |
| Taxes, remuneration and social security45 | €267 | €257 | €257 | €257 | €11,006 | ▲ 4,186% |
| Taxes450/3 | €267 | €257 | €257 | €257 | €11,006 | ▲ 4,186% |
| Other amounts payable47/48 | €295,276 | €302,181 | €306,916 | €259,238 | €263,132 | ▲ 1.5% |
| Accrued charges and deferred income492/3 | €1,070 | €242 | €1,036 | €666 | €1,527 | ▲ 129% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,391 | -€5,797 | -€17,565 | €3,447 | €23,601 | ▲ 585% |
| + Depreciation and write-downs630 | €27,997 | €36,674 | €50,474 | €73,316 | €97,429 | ▲ 32.9% |
| Operating cash flow (approximation) | €34,388 | €30,877 | €32,909 | €76,763 | €121,030 | ▲ 57.7% |
| Investment in fixed assets (approximation) | - | -€90,643 | -€150,549 | -€174,147 | -€279,362 | ▼ 60.4% |
| Change in cash | - | €321,568 | -€321,472 | €41,233 | €20,273 | ▼ 50.8% |
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
31-12
Financial
Highest result since 2018net €23,601 ▲585%
Operating result €51,691, net result €23,601, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3,447
Net result €3,447 after 2 loss-making years.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10,796
Net result €10,796 after 2 loss-making years.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 2010
Ground area
281 m²
Building footprint
206 m²
Volume, LiDAR
1,968 m³
Parcel 21911C0136/00H012, Brussels · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Aimé Smekensstraat 45, 1030 Schaarbeek
since 20102.190.178.143
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0136/00H012 | Brussels | 281 m² | 1 · 206 m² | 12.4 m · 4 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.
Similar companies · same sector and region
18 - 20
BE 0439.054.167
Schaarbeek
ACCODILA
BE 0507.727.001
Schaarbeek
ACSAN CONSULTING BELGIUM
BE 0478.010.456
Schaarbeek
AD HOC AGENCY
BE 0478.630.761
Schaarbeek
ADVICE, INTELLIGENCE AND MANAGEMENT
BE 0469.511.474
Schaarbeek
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825811676
Also
9925:BE0825811676
Registered
08-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.