Brad Davidson Consulting
ActiveBrad Davidson Consulting has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233k and a net result of €-40k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 19358 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-89
Solvency87▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 12.74 in 2023; short-term debt: 38.1% and cash: 10% of total assets), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.8%
Return on assets
-10.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
47 d early
2022
35 d early
2021
30 d early
2020
37 d early
2019
50 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€233k▼ 47.4%
2023 · €443k
2018: €19k
2019: €63k
2020: €144k
2021: €247k
2022: €344k
2023: €443k
2018 → 2024
Total assets
€377k▼ 20.8%
2023 · €477k
2018: €71k
2019: €103k
2020: €279k
2021: €293k
2022: €377k
2023: €477k
2018 → 2024
Net result
€-40k
2023 · €99k
2018: €8k
2019: €44k
2020: €81k
2021: €103k
2022: €97k
2023: €99k
2018 → 2024
Working capital
€189k▼ 50.4%
2023 · €380k
2018: €-18k
2019: €36k
2020: €131k
2021: €242k
2022: €341k
2023: €380k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€144k-€247k▲ 71.3%€344k▲ 39.5%€443k▲ 28.8%€233k▼ 47.4%
Operating result€107k-€136k▲ 27.5%€125k▼ 7.7%€127k▲ 1.0%€-50k
Net result€81k-€103k▲ 26.8%€97k▼ 5.1%€99k▲ 1.7%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €50k after €127k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €377k
Fixed assets
€45k▼ 29.2%
Current assets
€332k▼ 19.5%
Equity and liabilities €377k
Equity
€233k▼ 47.4%
Debt
€144k▲ 330%
The debt ratio rises from 7.0% to 38.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-31k▼
2023 · €141k
Cash flow
€-21k▼
2023 · €114k
Solvency
61.8%▼
2023 · 93.0%
Current ratio
2.31▼
2023 · 12.74
Quick ratio
2.31▼
2023 · 12.74
Debt / equity
0.62▲
2023 · 0.08
ROE
-17.1%▼
2023 · 22.4%
ROA
-10.6%▼
2023 · 20.8%
Interest coverage
-255.26▼
2023 · 114.88
Debt
€144k▲
2023 · €34k
Debt ≤ 1 year
€144k▲
2023 · €32k
Income taxes
€177▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€477k€377k▼
Fixed assets21/28€64k€45k▼
Tangible fixed assets22/27€64k€45k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€61k€42k▼
Current assets29/58€413k€332k▼
Amounts receivable within one year40/41€41k€15k▼
Trade receivables40€38k€11k▼
Other amounts receivable41€3k€4k▲
Current investments50/53€267k€268k▲
Cash at bank and in hand54/58€87k€38k▼
Deferred charges and accrued income490/1€18k€12k▼
Equity and liabilities
Total equity and liabilities10/49€477k€377k▼
Equity10/15€443k€233k▼
Contributions10/11€19k€19k=
Reserves13€424k€254k▼
Distributable reserves133€424k€254k▼
Profit (loss) carried forward14-€-40k
Amounts payable17/49€34k€144k▲
Amounts payable within one year42/48€32k€144k▲
Trade debts44€294€604▲
Suppliers440/4€294€604▲
Taxes, remuneration and social security45€18k-
Taxes450/3€13k-
Remuneration and social security454/9€5k-
Other amounts payable47/48€14k€143k▲
Accrued charges and deferred income492/3€1k€532▼
Income statement
Code20232024
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Other operating charges640/8€15k€6k▼
Gross operating margin9900€157k€-25k▼
Operating profit (loss)9901€127k€-50k▼
Financial income75/76B€3k€10k▲
Recurring financial income75€3k€10k▲
Financial charges65/66B€1k€122▼
Recurring financial charges65€1k€122▼
Profit (loss) for the period before taxes9903€128k€-40k▼
Income taxes67/77€29k€177▼
Profit (loss) for the period9904€99k€-40k▼
Profit (loss) for the period to be appropriated9905€99k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€-40k▼
Profit (loss) brought forward from the previous period14P€9-
Transfer from equity791/2-€170k
Transfer to equity691/2€99k-
To other reserves6921€99k-
Profit to be distributed694/7-€170k
Return on contributions (dividend)694-€170k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-40k ▼140%
Net result drops to €-40k, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €103k ▲26.8%
Operating result €136k, net result €103k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.18
Current ratio from 1.97 to 6.18; short-term debt falls from €135k to €47k.
31-12
Financial
Equity above €200kEq €247k ▲71.3%
4 profitable years in a row build equity to €247k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €144k ▲129%
3 profitable years in a row build equity to €144k.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 1.91
Current ratio from 0.66 to 1.91; short-term debt falls from €52k to €40k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Overijse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Memlingdreef 473090 OverijseGround area
1,487 m²
Building footprint
175 m²
Parcel 23062N0044/00M040, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Brad Davidson Consulting
since 20172.271.086.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062N0044/00M040 | Flanders | 1,487 m² | 1 · 175 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 593 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2017
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
70200Business and other management consultancy
70220Business consulting
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.