Bizzpartner
ActiveSummary
Bizzpartner has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220,502 and a net result of €134,694. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 27% of 4,124 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-11-1996 Normal situation
- Registered office
- 11 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Certified accountants and tax accountants NACE 69201
- Joint committees
- 336 Paritair Comité voor de vrije beroepen
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.199.213.890 3020 Herent, since 01-05-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Board and ownership
Board
- THELMAN ACCOUNTANCYDirector · permanent representative Thielens Kevin
Shareholders
- THELMAN ACCOUNTANCYconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €636,298
- ▼ 1.7%
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €134,694
- ▼ 19.3%
- Equity
- €220,502
- ▼ 22.8%
- Total assets
- €1.2m
- ▲ 38.0%
- Employees on 31-12-2025
- 5
- =
- 2025 accounts filed 6 days after the deadline
Score breakdownraises riskEquity €220,502 (17.7% of total assets)lowers riskSector: Legal and accounting activities (NACE 69)Figures for financial year 2025 (filed on 06-08-2026)Size: 4.6 FTE, total assets €1.2mShow the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 25% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Average
Solvency
43-14
equity 17.7% of total assets
Liquidity
47+1
short-term debt 39.2% · cash 11.9%
Profitability
82-10
return on assets 10.8%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.0 (1.2 in 2024), below the usual 1.5. Short-term debt is 39.2% and cash 11.9% of total assets. 82.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 21% of them on solvency, 22% on liquidity, 38% on profitability and 18% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-08-2026, 6 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 days late
2024
21 days early
2023
27 days early
2022
18 days early
2021
45 days late
2020
149 days late
2019
152 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 6 days after the deadline Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00385188.
Annual accounts 2025 filed on 06-08-2026 at the NBB all 28 filings
Turnover
≈ €1.1m
Estimated: probably between €960,000 and €1.3m
Total assets
€1.2m▲ 38.0%
2024 · €902,796
Net result
€134,694▼ 19.3%
2024 · €166,807
Working capital
€542▼ 99.3%
2024 · €73,682
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€195,909
▼ 15.4%
2025
20182025
Net result
€134,694
▼ 19.3%
2025
middle half of the sector
20182025
Equity
€220,502
▼ 22.8%
2025
middle half of the sector
20182025
Total assets
€1.2m
▲ 38.0%
2025
middle half of the sector
20182025
Debt
€1.0m
▲ 66.2%
2025
20182025
Working capital
€542
▼ 99.3%
2025
lowest quarter of the sector
20182025
Solvency
17.7%
▼ 14.0pp
2025
middle half of the sector
20182025
Current ratio
1.00
▼ 0.20
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
10.8%
▼ 7.7pp
2025
middle half of the sector
20182025
Staff (FTE)
4.6
▼ 4.2%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.05m▲ 163%€0.03m▼ 45.6%€0.02m▼ 36.6%€0.08m▲ 369%€0.2m▲ 167%€0.2m▲ 4.3%€0.2m▼ 15.4%
Net result€0.009m-€0.03m▲ 281%€0.02mwithin the sector's middle half▼ 46.4%€0.003mbelow the sector's middle half▼ 85.7%€0.2mwithin the sector's middle half▲ 71×€0.2mwithin the sector's middle half▼ 15.5%€0.2mwithin the sector's middle half▲ 6.7%€0.1mwithin the sector's middle half▼ 19.3%
Equity€0.1m-€0.1m▲ 35.4%€0.1mwithin the sector's middle half▼ 0.3%€0.1mwithin the sector's middle half▲ 2.0%€0.3mwithin the sector's middle half▲ 128%€0.3mwithin the sector's middle half▲ 0.4%€0.3mwithin the sector's middle half▼ 6.0%€0.2mwithin the sector's middle half▼ 22.8%
Total assets€0.8m-€1.2m▲ 45.4%€1.2mabove the sector's middle half▲ 2.2%€1.2mwithin the sector's middle half▼ 3.6%€1.0mwithin the sector's middle half▼ 19.9%€1.0mwithin the sector's middle half▲ 3.7%€0.9mwithin the sector's middle half▼ 8.4%€1.2mwithin the sector's middle half▲ 38.0%
Debt€0.7m-€1.1m▲ 46.7%€1.1m▲ 2.5%€1.1m▼ 4.3%€0.6m▼ 38.5%€0.7m▲ 5.2%€0.6m▼ 9.5%€1.0m▲ 66.2%
Working capital-€0.09m--€0.03m▲ 63.8%-€0.07mbelow the sector's middle half▼ 130%-€0.1mbelow the sector's middle half▼ 43.1%-€0.03mbelow the sector's middle half▲ 69.6%€0.08mwithin the sector's middle half€0.07mwithin the sector's middle half▼ 12.1%€0.001mbelow the sector's middle half▼ 99.3%
Solvency11.6%-10.8%▼ 0.8pp10.6%below the sector's middle half▼ 0.3pp11.2%below the sector's middle half▲ 0.6pp31.8%within the sector's middle half▲ 20.7pp30.8%within the sector's middle half▼ 1.0pp31.7%within the sector's middle half▲ 0.8pp17.7%within the sector's middle half▼ 14.0pp
Current ratio0.72-0.92▲ 0.200.86below the sector's middle half▼ 0.060.81below the sector's middle half▼ 0.040.92below the sector's middle half▲ 0.101.22within the sector's middle half▲ 0.301.20within the sector's middle half▼ 0.021.00below the sector's middle half▼ 0.20
Return on assets (ROA)1.1%-2.8%▲ 1.8pp1.5%below the sector's middle half▼ 1.3pp0.2%below the sector's middle half▼ 1.3pp19.5%above the sector's middle half▲ 19.2pp15.9%within the sector's middle half▼ 3.6pp18.5%within the sector's middle half▲ 2.6pp10.8%within the sector's middle half▼ 7.7pp
Staff (FTE)3-3.6▲ 20.0%4above the sector's middle half▲ 11.1%5.6within the sector's middle half▲ 40.0%5.1within the sector's middle half▼ 8.9%4.6within the sector's middle half▼ 9.8%4.8within the sector's middle half▲ 4.3%4.6within the sector's middle half▼ 4.2%
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 15% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€756,933 ▲ 64.2%
Current assets
€488,931 ▲ 10.7%
Equity and liabilities €1.2m
Equity
€220,502 ▼ 22.8%
Debt
€1.0m ▲ 66.2%
Debt's share of the balance-sheet total rises from 68.3% to 82.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€281,744▼
2024 · €299,052
Cash flow
€220,529▼
2024 · €234,297
Debt to equity
4.65▲
2024 · 2.16
ROE
61.1%▲
2024 · 58.4%
Interest coverage
15.30▼
2024 · 21.00
Debt ≤ 1 year
€488,389▲
2024 · €368,005
Debt > 1 year
€536,972▲
2024 · €248,176
Income taxes
€43,369▼
2024 · €51,563
Staff costs
€347,105▲
2024 · €344,925
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 5 | 5 | 5 | 5 |
| full-time | 6 | 4 | 4 | 4 | 4 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 6.6 | 4.6 | 4.6 | 4.6 | 4.6 |
| Average over the year, in full-time equivalents | 5.6 | 5.1 | 4.6 | 4.8 | 4.6 |
| On a permanent contract | 6 | 5 | 5 | 5 | 5 |
| Joined | 3 | 1 | 0 | 1 | 2 |
| Left | 1 | 3 | 0 | 1 | 2 |
| Training hours | - | - | 0 | 5 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €570,276 |
| Mortgages, amount registered | - | - | - | - | €150,000 |
| Mortgage mandates | - | - | - | - | €516,000 |
| Carrying value of the mortgaged assets | - | - | - | - | €632,470 |
| Pledge on other assets, amount secured | - | - | - | - | €50,000 |
| Carrying value of the other pledged assets | - | - | - | - | €13,763 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €26,740 | €1,507 | - | €7,599 | €381,660 |
| Intangible fixed assets | - | - | €6,000 | - | - |
| Depreciation and write-downs of the year | €89,742 | €86,476 | €79,458 | €67,489 | €85,835 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €1,395 awarded · €1,371 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €506 | €483 |
| 2024 | 1 | €302 | €384 |
| 2023 | 1 | €587 | €504 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €322,851 | €335,488 | €336,125 | €344,925 | €347,105 | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84,444 | €108,276 | €98,751 | €89,742 | €86,476 | €79,458 | €67,489 | €85,835 | ▲ 27.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €1,050 | - |
| Other operating charges640/8 | - | - | - | €12,742 | €26,611 | €13,045 | €3,376 | €6,398 | ▲ 89.6% |
| Gross operating margin9900 | €240,190 | €372,026 | €381,264 | €443,044 | €531,653 | €650,747 | €647,353 | €636,298 | ▼ 1.7% |
| Operating profit (loss)9901 | €19,532 | €51,313 | €27,929 | €17,709 | €83,077 | €222,121 | €231,563 | €195,909 | ▼ 15.4% |
| Financial income75/76B | - | - | - | €1,875 | €194,575 | €482 | €1,049 | €566 | ▼ 46.0% |
| Recurring financial income75 | €5,174 | €1 | €14 | €1,875 | €88 | €482 | €1,049 | €4 | ▼ 99.7% |
| Non-recurring financial income76B | - | - | - | - | €194,487 | - | - | €563 | - |
| Financial charges65/66B | - | - | - | €11,248 | €13,484 | €15,786 | €14,241 | €18,413 | ▲ 29.3% |
| Recurring financial charges65 | €14,158 | €12,633 | €13,753 | €10,767 | €13,484 | €15,786 | €14,241 | €18,413 | ▲ 29.3% |
| Non-recurring financial charges66B | - | - | - | €482 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €10,548 | €38,682 | €14,189 | €8,336 | €264,168 | €206,817 | €218,370 | €178,063 | ▼ 18.5% |
| Income taxes67/77 | €1,578 | €4,508 | €14,610 | €5,714 | €79,259 | €50,526 | €51,563 | €43,369 | ▼ 15.9% |
| Profit (loss) for the period9904 | €8,970 | €34,173 | €18,329 | €2,622 | €184,909 | €156,291 | €166,807 | €134,694 | ▼ 19.3% |
| Profit (loss) for the period to be appropriated9905 | €8,970 | €34,173 | €18,329 | €2,622 | €184,909 | €156,291 | €166,807 | €134,694 | ▼ 19.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €1.2m | €1.2m | €1.2m | €1.0m | €1.0m | €0.9m | €1.2m | ▲ 38.0% |
| Fixed assets21/28 | €0.6m | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.5m | €0.8m | ▲ 64.2% |
| Intangible fixed assets21 | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 31.7% |
| Tangible fixed assets22/27 | €0.2m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.6m | ▲ 116% |
| Land and buildings22 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.6m | ▲ 115% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.02m | €0.009m | €0.005m | €0.01m | ▲ 164% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €0.2m | €0.3m | €0.4m | €0.5m | €0.4m | €0.5m | €0.4m | €0.5m | ▲ 10.7% |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 67.0% |
| Trade receivables40 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 67.4% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.008m | €0.002m | €0.002m | €0.002m | ▲ 20.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.05m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 34.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.004m | €0.005m | €0.1m | €0.01m | ▼ 91.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €1.2m | €1.2m | €1.2m | €1.0m | €1.0m | €0.9m | €1.2m | ▲ 38.0% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 22.8% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 81.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 81.0% |
| Profit (loss) carried forward14 | €0.002m | - | - | €0.003m | €0.2m | €0.2m | €0.2m | - | - |
| Amounts payable17/49 | €0.7m | €1.1m | €1.1m | €1.1m | €0.6m | €0.7m | €0.6m | €1.0m | ▲ 66.2% |
| Amounts payable after more than one year17 | €0.4m | €0.7m | €0.6m | €0.5m | €0.3m | €0.3m | €0.2m | €0.5m | ▲ 116% |
| Financial debts170/4 | - | - | - | €0.5m | €0.3m | €0.3m | €0.2m | €0.5m | ▲ 116% |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.5m | €0.6m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 32.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.07m | €0.03m | €0.004m | €0.03m | ▲ 814% |
| Financial debts43 | - | - | - | - | - | €0.03m | €0.04m | €0.01m | ▼ 75.3% |
| Other loans439 | - | - | - | - | - | €0.03m | €0.04m | €0.01m | ▼ 75.3% |
| Trade debts44 | €0.06m | €0.04m | €0.05m | €0.09m | €0.05m | €0.01m | €0.01m | €0.03m | ▲ 115% |
| Suppliers440/4 | - | - | - | €0.09m | €0.05m | €0.01m | €0.01m | €0.03m | ▲ 115% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 24.6% |
| Taxes450/3 | - | - | - | €0.03m | €0.1m | €0.1m | €0.05m | €0.08m | ▲ 51.6% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.04m | €0.05m | €0.07m | €0.07m | ▲ 3.3% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 40.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.009m | €0.01m | €0.001m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,970 | €34,173 | €18,329 | €2,622 | €184,909 | €156,291 | €166,807 | €134,694 | ▼ 19.3% |
| + Depreciation and write-downs630 | €84,444 | €108,276 | €98,751 | €89,742 | €86,476 | €79,458 | €67,489 | €85,835 | ▲ 27.2% |
| Operating cash flow (approximation) | €93,414 | €142,449 | €117,080 | €92,364 | €271,386 | €235,749 | €234,297 | €220,529 | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | -€365,923 | -€30,091 | -€26,740 | €53,216 | -€6,000 | -€7,599 | -€381,660 | ▼ 4,922% |
| Change in cash | - | €8,069 | €17,027 | €50,016 | -€3,327 | €28,392 | -€10,623 | €37,713 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,818 companies had the same profile as Bizzpartner has now. Two years later, 95.1% were still going and 1.0% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
95.1%
was still going
3.7%
stopped otherwise
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bizzpartner itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,818 companies, not a prediction for Bizzpartner. 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.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-08-2026 | 2026-00385188 | |
| 31-12-2024 | abbreviated format | 10-07-2025 | 2025-00252137 | |
| 31-12-2023 | abbreviated format | 04-07-2024 | 2024-00205641 | |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00231538 | |
| 31-12-2021 | abbreviated format | 14-09-2022 | 2022-20428955 | |
| 31-12-2020 | micro format | 27-12-2021 | 2021-81800165 | |
| 31-12-2019 | micro format | 30-12-2020 | 2020-77500394 | |
| 31-12-2018 | micro format | 14-10-2019 | 2019-70000150 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-42400424 | |
| 31-12-2016 | micro format | 27-09-2017 | 2017-63300018 |
Board & ownership
Directors
Directors
1 director, last change in 2022
Board 1
THELMAN ACCOUNTANCY
Current
Director · appointed in the act of 01-12-2022 · General partnership · permanent representative: Thielens Kevin · listed in the 2025 annual accounts, filed on 06-08-2026
Permanent representatives 1
Thielens Kevin
Current
Permanent representative · appointed in the act of 01-12-2022 · for THELMAN ACCOUNTANCY
Owners and capital
Shareholders
1 ownerChain of control
- THELMAN ACCOUNTANCY
- Bizzpartner
Owners 1
- THELMAN ACCOUNTANCYconsolidating parentconsolidates
Capital transactions
Capital over time
- 04-04-2023 Converted to unavailable equity · €20,460
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| THELMAN ACCOUNTANCY |
|
| Erik Wauters |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Een of meer, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Raad van het Instituut, wijziging statuten,stemrechten,samenstelling aandeelhouderschap of bestuursorgaan of netwerk”
Articles of association, deed of 04-04-2023 (in Dutch)
Network & group
Companies at the same address
10 other companies- Clear Sky Herent Registered office · since 2026 1044416717
- Crest III - Fundo Clearing Account Registered office · since 2025 1031889364
- Desino Establishment · since 2025 0699529653
- Manayapparambil, Nayanthara (sole trader) Establishment · since 2025 1017669659
- SmartSynergy Registered office · since 2024 1010908165
- Pulinx, Sara (sole trader) Establishment · since 2023 0805816216
- Molenberghs, An (sole trader) Establishment · since 2022 0782327764
- Garden Box Entertainment Establishment · since 2020 0744840036
- VME Park 51 - Gebouw B te 3020 Herent, Persilstraat 52 Registered office · since 2011 0841738383
- INTERBUSINESS Registered office · since 1988 0436255916
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-08
abbreviated format · 6 days late
2025
10-07
abbreviated format · 21 days before the deadline
2024
04-07
abbreviated format · 27 days before the deadline
2023
13-07
abbreviated format · 18 days before the deadline
04-04
Gazette deed
Company renamed from CORRECT PRO to BizzpartnerAmendment of the articles · Capital conversion · Reserve release10 points ▸
Gazette deed
Company renamed from CORRECT PRO to Bizzpartner
Amendment of the articles · Capital conversion · Reserve release10 points ▸
- General meeting, 30-03-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Name change, Bizzpartner
- Other provision, “verslag bestuursorgaan over voorwerpwijziging, artikel 5:101 Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Purpose change
- Other provision, “inschrijving bij Instituut van de Belastingadviseurs en de Accountants” (deed in Dutch)
- Registered office clause, “Herent, Persilstraat 52 bus 1” (deed in Dutch)
- Power of attorney
2022
31-12
Financial
Highest result from 2018 to 2025net €184,909 ▲6,952%
The net result of €184,909 is the highest of those years.
31-12
Financial
Equity above €200,000equity €302,709 ▲128%
With a profit in every financial year since 2018, equity grows to €302,709.
01-12
Gazette deed
1 director appointed, 1 director resigningResignation: Erik Wauters (sole director) · Appointment: Thelman Accountancy VOF (director) · Permanent representative: Thielens Kevin5 points ▸
Gazette deed
1 director appointed, 1 director resigning
Resignation: Erik Wauters (sole director) · Appointment: Thelman Accountancy VOF (director) · Permanent representative: Thielens Kevin5 points ▸
- General meeting, 18-11-2022
- Director resignation, Erik Wauters (sole director)
- Director discharge, Erik Wauters
- Director appointment, Thelman Accountancy VOF (director)
- Permanent representative, Thielens Kevin
14-09
abbreviated format · 45 days late
2021
31-12
Financial
Weakest financial yearnet €2,622 ▼85.7%
The net result drops to €2,622, the lowest from 2018 to 2025. It recovers the following year.
27-12
micro format · 149 days late
2020
30-12
micro format · 152 days late
Show earlier events
2019
31-12
Financial
Equity above €100,000equity €130,599 ▲35.4%
With a profit in every financial year since 2018, equity grows to €130,599.
14-10
micro format · 75 days late
2018
31-07
micro format · on the deadline day
2017
27-09
micro format · 58 days late
1996
10-12
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Bizzpartner in Dutch
Former name
CORRECT PRO until the act of 04-04-2023
Enterprise number
0459.327.464
Legal form
Private limited company
Status
Active, normale toestand
Founded
29-11-1996
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-04-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan kan alleen administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…”
deed of 04-04-2023 (in Dutch)Registered office and establishments
Registered office
Persilstraat 52, 3020 Herent, Belgium
Establishment unit
BIZZPARTNER, Persilstraat 52, 3020 Herent since 01-05-2011 · unit number 2.199.213.890
Website
www.bizzpartner.be
Phone
016490150
Activities
NACEBEL 2025VAT activities
69201
Certified accountants and tax accountants main activity
Social security (RSZ) activities
69201
Certified accountants and tax accountants main activity
Codes under NACEBEL 2008
VAT activities
69202
Legal and accounting activities main activity
Social security (RSZ) activities
69202
Legal and accounting activities main activity
Codes under NACEBEL 2003
74121
main activity
Joint committees
336 Paritair Comité voor de vrije beroepen
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 04-04-2023 (in Dutch)
“1.de boekhouding en de boekhoudkundige diensten organiseren en advies verstrekken inzake de boekhoudkundige organisatie bij ondernemingen…”
12 activities
- 1.de boekhouding en de boekhoudkundige diensten organiseren en advies verstrekken inzake de boekhoudkundige organisatie bij ondernemingen;
- 2.het bepalen van de resultaten en het opmaken van de jaarrekening conform de wettelijke bepalingen ter zake;
- 3.het openen,het houden,het centraliseren en het sluiten van boekingen,geschikt voor het opmaken van de rekeningen;
- 4.alle boekhoudstukken nazien en corrigeren die niet leiden tot een attestering of een expertiseverslag bestemd om aan derden te worden afgegeven;
- 5.de analyse met boekhoudtechnische procedés van de positie en werking van ondernemingen vanuit het oogpunt van hun kredietwaardigheid,rentabiliteit en risico's die niet leidt tot een attestering of een expertiseverslag bestemd om aan derden te worden afgegeven;
- 6.zowel privé-als gerechtelijke expertise met betrekking tot de boekhouding van ondernemingen;
- 7.elke opdracht bedoeld in 4° tot en met 6° uitgevoerd door een gecertificeerd accountant,andere dan de gebruikelijke beroepsbeoefenaar,die leidt tot een attestering of een expertiseverslag bestemd om aan derden te worden afgegeven;
- 8.andere opdrachten waarvan de uitvoering bij of krachtens de wet zijn voorbehouden aan de gecertificeerd accountant;
- 9.het verstrekken van advies in alle fiscale aangelegenheden;
- 10.het bijstaan van de belastingplichtige bij het nakomen van zijn fiscale verplichtingen;
- 11.het vertegenwoordigen van de belastingplichtige bij de belastingdiensten;
- 12.het organiseren van administratieve diensten en advies verstrekken over de administratieve organisatie van ondernemingen.
Invoicing and payment
VAT number
BE 0459.327.464
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 04-04-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
5,909 m²
Building footprint
3,317 m²
Building volume
43,630 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24423H0194/00A002 | Flanders | 5,909 m² | 1 · 3,317 m² | 53.0 m · 4 |