BGM CONSULT
ActiveSummary
BGM CONSULT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,387 and a net result of €3,602. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.48 against 4.08 in 2024; short-term debt: 27.1% and cash: 19.4% of total assets), and 27.1% of the assets are financed with debt.
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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
72.9%
Return on assets
3%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
5 d late
2023
6 d late
2022
38 d late
2021
29 d late
2020
17 d late
2019
34 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 22 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€86,387▲ 4.4%
2024 · €82,785
Total assets
€118,484▲ 9.2%
2024 · €108,530
Net result
€3,602▼ 37.1%
2024 · €5,730
Working capital
€79,512▲ 0.3%
2024 · €79,238
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,525▼ 20.9%€19,222▼ 18.3%€3,989▼ 79.2%€12,900▲ 223%€10,176▼ 21.1%
Net result€14,415within the sector's middle half▼ 26.9%€10,140within the sector's middle half▼ 29.7%-€1,204below the sector's middle half€5,730below the sector's middle half€3,602below the sector's middle half▼ 37.1%
Equity€68,119within the sector's middle half▲ 26.8%€78,259within the sector's middle half▲ 14.9%€77,055within the sector's middle half▼ 1.5%€82,785within the sector's middle half▲ 7.4%€86,387within the sector's middle half▲ 4.4%
Total assets€115,357within the sector's middle half▲ 27.5%€115,691within the sector's middle half▲ 0.3%€103,152within the sector's middle half▼ 10.8%€108,530within the sector's middle half▲ 5.2%€118,484within the sector's middle half▲ 9.2%
Debt€47,238▲ 28.4%€37,432▼ 20.8%€26,097▼ 30.3%€25,745▼ 1.3%€32,097▲ 24.7%
Working capital€55,226within the sector's middle half▲ 11.1%€65,636within the sector's middle half▲ 18.8%€71,490within the sector's middle half▲ 8.9%€79,238within the sector's middle half▲ 10.8%€79,512within the sector's middle half▲ 0.3%
Solvency59.1%within the sector's middle half▼ 0.3pp67.6%within the sector's middle half▲ 8.6pp74.7%within the sector's middle half▲ 7.1pp76.3%within the sector's middle half▲ 1.6pp72.9%within the sector's middle half▼ 3.4pp
Current ratio2.44within the sector's middle half▲ 0.032.84within the sector's middle half▲ 0.403.74within the sector's middle half▲ 0.904.08within the sector's middle half▲ 0.343.48within the sector's middle half▼ 0.60
Return on assets (ROA)12.5%within the sector's middle half▼ 9.3pp8.8%within the sector's middle half▼ 3.7pp-1.2%below the sector's middle half▼ 9.9pp5.3%below the sector's middle half▲ 6.4pp3.0%below the sector's middle half▼ 2.2pp
Staff (FTE)11=1.4▲ 40.0%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting 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 falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118,484
Fixed assets
€6,875 ▲ 93.8%
Current assets
€111,610 ▲ 6.3%
Equity and liabilities €118,484
Equity
€86,387 ▲ 4.4%
Debt
€32,097 ▲ 24.7%
Debt's share of the balance-sheet total rises from 23.7% to 27.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,177▼
2024 · €16,183
Cash flow
€5,603▼
2024 · €9,014
Debt to equity
0.37▲
2024 · 0.31
ROE
4.2%▼
2024 · 6.9%
Interest coverage
26.57▼
2024 · 44.46
Debt ≤ 1 year
€32,097▲
2024 · €25,745
Income taxes
€6,132▼
2024 · €6,807
Staff costs
€12,762▼
2024 · €13,474
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 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% | 1.8% |
| 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 10,905 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €20,689 | €12,679 | €24,441 | €13,474 | €12,762 | ▼ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,993 | €9,756 | €10,272 | €3,284 | €2,001 | ▼ 39.1% |
| Other operating charges640/8 | €2,078 | €1,477 | €1,736 | €1,607 | €1,577 | ▼ 1.9% |
| Gross operating margin9900 | €54,285 | €43,134 | €40,437 | €31,264 | €26,515 | ▼ 15.2% |
| Operating profit (loss)9901 | €23,525 | €19,222 | €3,989 | €12,900 | €10,176 | ▼ 21.1% |
| Financial income75/76B | €629 | €93 | €22 | €1 | €16 | ▲ 1,227% |
| Recurring financial income75 | €629 | €93 | €22 | €1 | €16 | ▲ 1,227% |
| Financial charges65/66B | €739 | €582 | €521 | €364 | €458 | ▲ 25.9% |
| Recurring financial charges65 | €739 | €582 | €521 | €364 | €458 | ▲ 25.9% |
| Profit (loss) for the period before taxes9903 | €23,414 | €18,733 | €3,490 | €12,537 | €9,734 | ▼ 22.4% |
| Income taxes67/77 | €9,000 | €8,593 | €4,694 | €6,807 | €6,132 | ▼ 9.9% |
| Profit (loss) for the period9904 | €14,415 | €10,140 | -€1,204 | €5,730 | €3,602 | ▼ 37.1% |
| Profit (loss) for the period to be appropriated9905 | €14,415 | €10,140 | -€1,204 | €5,730 | €3,602 | ▼ 37.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €115,357 | €115,691 | €103,152 | €108,530 | €118,484 | ▲ 9.2% |
| Fixed assets21/28 | €21,755 | €14,409 | €5,565 | €3,547 | €6,875 | ▲ 93.8% |
| Tangible fixed assets22/27 | €21,392 | €14,046 | €5,202 | €3,184 | €6,512 | ▲ 105% |
| Plant, machinery and equipment23 | €556 | €294 | €32 | - | - | - |
| Furniture and vehicles24 | €18,333 | €12,019 | €4,208 | €2,414 | €3,124 | ▲ 29.4% |
| Other tangible fixed assets26 | €2,504 | €1,733 | €963 | €770 | €3,387 | ▲ 340% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €93,601 | €101,282 | €97,586 | €104,983 | €111,610 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €76,407 | €79,162 | €82,240 | €81,719 | €88,334 | ▲ 8.1% |
| Trade receivables40 | €2,876 | €1,667 | €1,992 | €5,233 | €8,196 | ▲ 56.6% |
| Other amounts receivable41 | €73,531 | €77,495 | €80,248 | €76,487 | €80,138 | ▲ 4.8% |
| Cash at bank and in hand54/58 | €16,406 | €20,985 | €15,018 | €22,923 | €22,928 | = |
| Deferred charges and accrued income490/1 | €788 | €1,135 | €329 | €340 | €348 | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €115,357 | €115,691 | €103,152 | €108,530 | €118,484 | ▲ 9.2% |
| Equity10/15 | €68,119 | €78,259 | €77,055 | €82,785 | €86,387 | ▲ 4.4% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €30,000 | €40,000 | €40,000 | €45,000 | €48,000 | ▲ 6.7% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | €28,000 | €38,000 | €38,000 | €43,000 | €46,000 | ▲ 7.0% |
| Profit (loss) carried forward14 | €18,119 | €18,259 | €17,055 | €17,785 | €18,387 | ▲ 3.4% |
| Amounts payable17/49 | €47,238 | €37,432 | €26,097 | €25,745 | €32,097 | ▲ 24.7% |
| Amounts payable after more than one year17 | €8,863 | €1,786 | - | - | - | - |
| Financial debts170/4 | €8,863 | €1,786 | - | - | - | - |
| Amounts payable within one year42/48 | €38,375 | €35,646 | €26,097 | €25,745 | €32,097 | ▲ 24.7% |
| Current portion of amounts payable after more than one year42 | €8,405 | €7,077 | €1,786 | - | - | - |
| Trade debts44 | €2,424 | €1,514 | €1,422 | €6,088 | €9,676 | ▲ 58.9% |
| Suppliers440/4 | €2,424 | €1,514 | €1,422 | €6,088 | €9,676 | ▲ 58.9% |
| Advances received on contracts in progress46 | €750 | - | €434 | €111 | €319 | ▲ 189% |
| Taxes, remuneration and social security45 | €26,796 | €27,055 | €22,455 | €19,547 | €22,102 | ▲ 13.1% |
| Taxes450/3 | €20,249 | €22,732 | €16,032 | €14,875 | €16,480 | ▲ 10.8% |
| Remuneration and social security454/9 | €6,547 | €4,323 | €6,423 | €4,672 | €5,622 | ▲ 20.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,415 | €10,140 | -€1,204 | €5,730 | €3,602 | ▼ 37.1% |
| + Depreciation and write-downs630 | €7,993 | €9,756 | €10,272 | €3,284 | €2,001 | ▼ 39.1% |
| Operating cash flow (approximation) | €22,408 | €19,895 | €9,068 | €9,014 | €5,603 | ▼ 37.8% |
| Investment in fixed assets (approximation) | - | -€2,409 | -€1,428 | -€1,265 | -€5,329 | ▼ 321% |
| Change in cash | - | €4,579 | -€5,967 | €7,905 | €4 | ▼ 99.9% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
14-07
State Gazette act
Appointment: Roger THOMAS (director)Statutes amendment · Capital · Capital conversion10 facts ▸
State Gazette act
Appointment: Roger THOMAS (director)
Statutes amendment · Capital · Capital conversion10 facts ▸
- General meeting, En l'étude de Maître Marc FAUCON, sise à 7100 La Louvière, Chaussée de Mons, 57, assemblée générale extraordinaire
- Statutes amendment
- Capital
- Capital conversion, éventuels versements futurs de la part non encore libérée du capital souscrit dans le passé inscrit sur compte apports non appelés, article 39,§2,alinéa 2 de la…
- Power of attorney
- Director appointment, Roger THOMAS (director)
- Other statement, notaire soussigné, coordination des statuts
- Other statement, TVAC, société
- General meeting, résolutions mises au vote successivement et séparément adoptées à l'unanimité des voix, assemblée générale extraordinaire
- Other statement, procès-verbal dressé lieu et date que dessus,après lecture partielle et commentée,chaque comparant a signé avec notaire, droits d'écriture et procès-verbal
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Back to profitnet €5,730
Net result €5,730 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet -€1,204
Net result drops to -€1,204, the lowest in the series; recovery starts the following year.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €19,711 ▲252%
Operating result €29,741, net result €19,711, both a record.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not 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
1 director, last change in 2026
Roger THOMAS
CurrentDirector · since 14-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2013
Ground area
2,067 m²
Building footprint
182 m²
Volume, LiDAR
899 m³
Parcel 55042A0296/00M000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Bois de Breucq(S-B) 72, 7110 La Louvière
since 20132.218.327.246
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55042A0296/00M000 | Wallonia | 2,067 m² | 1 · 182 m² | 6.4 m · 2 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Roger THOMAS |
|
Articles of association
Annual meeting
First Monday of June
Duration
Unlimited
Name clause
BGM CONSULT
Registered office clause
Région Wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger, par simple décision de l’organe d’administra…
Dissolution rule
Décision de l’assemblée générale délibérant comme en matière de modification des statuts
Formes prévues pour les modifications aux statuts, en tout temps
Other statement
Qualité – majorité des droits de vote et refus de qualité, Être ressortissant d’un état membre
Administrateur sans qualité d'expert-comptable, administrateur(s) ou administrateur-délégué sans qualité d'Expert-comptable certifié ou d'Expert-comptable/exper…
Chargé d'exécution au nom et pour compte de la personne morale, désignation obligatoire d'un représentant pour mission client
Organe détermine s'ils agissent seul ou conjointement, gestion journalière et représentation en ce qui concerne cette gestion
Contrôle situation financière,comptes annuels et régularité opérations à constater dans comptes annuels, contrôle-commissaires
Toutes décisions relevant du pouvoir de l'assemblée générale, assemblée générale par procédure écrite
Admission à l'assemblée générale, titulaire titres nominatifs inscrit en cette qualité dans registre titres nominatifs de sa catégorie
Actionnaires peuvent participer à distance grâce à moyen mis à disposition par société, participation à distance par voie électronique
Communication de la convocation, exercice écrit du droit de poser des questions avant l'assemblée générale
Un administrateur ou,à défaut,l'actionnaire présent qui détient le plus d'actions ou encore,en cas de parité,le plus âgé, séances – procès-verbaux
Article 22. Délibérations
Séance tenante,par l'organe d'administration, prorogation d'assemblée générale
Répartition – réserves, bénéfice annuel net
Au siège, élection de domicile
Tribunaux du siège,compétence exclusive, compétence judiciaire
Tribunaux du siège de la société,compétence exclusive, droit commun et compétence
Toutes dispositions statutaires non conformes aux dispositions impératives du Code des sociétés et des associations,à la règlementation de la profession ou aux…
Appels de fonds, actions souscrites en espèces non entièrement libérées
Nominatives, nature des actions
Nominatifs, nature des autres titres
Indivisibilité des actions, sous réserve articles 5Bis et 5Ter
Transfer restriction
Droits de vote cédés entre vifs ou transmis pour cause de mort, majorité des droits de vote détenue par des Experts-comptables certifiés et/ou des personnes qui…
Article 11. Cession et transmission des actions
Board rule
Fixe ou proportionnelle, portée aux frais généraux,indépendamment frais représentation,voyages et déplacements
Avec ou sans limitation de durée, assemblée qui nomme fixe nombre,durée et en cas de pluralité pouvoirs
Liquidation rule
Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments
Liquidation distribution
Article 28. Répartition de l’actif net
Share issue rule
Apport en numéraire avec émission nouvelles actions-droit de préférence, ouverture de la souscription
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 14-07-2026 Capital stated in the act · 100 shares
Similar companies · same sector, comparable size
Secember Fisc
BE 0730.742.768
Waregem · Eq €86,403
BOEKHOUDKANTOOR COULIER MARIANNE
BE 0861.001.001
Kalmthout · Eq €86,349
GOGNE & C°, Accountants en Belastingadviseurs
BE 0765.876.564
Keerbergen · Eq €86,444
SOCOFIMON
BE 0438.476.820
Hannut · Eq €86,292
CABINET D'EXPERTISE COMPTABLE LECLEF
BE 0444.480.823
Charleroi · Eq €86,509
Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,426 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
Founded30-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845607002
Registered
01-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.