BT Consulting
ActiveSummary
BT Consulting has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €-36k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▼-34
Solvency43▼-19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.55 in 2024; short-term debt: 54.8% and cash: 0% of total assets), and 82.3% of the assets are financed with debt.
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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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 20% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
34 d early
2022
33 d early
2021
39 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€157k▼ 55.8%
2024 · €355k
Total assets
€885k▼ 7.1%
2024 · €952k
Net result
€-36k
2024 · €25k
Working capital
€-399k▼ 304%
2024 · €-99k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€53k▼ 30.0%€31k▼ 41.4%€40k▲ 28.9%€52k▲ 28.9%€-20k
Net result€34k▼ 32.7%€18k▼ 48.3%€20k▲ 10.5%€25k▲ 26.0%€-36k
Equity€283k▲ 3.3%€311k▲ 10.1%€331k▲ 6.3%€355k▲ 7.4%€157k▼ 55.8%
Total assets€413k▲ 5.1%€441k▲ 6.8%€1.09M▲ 147%€952k▼ 12.7%€885k▼ 7.1%
Debt€130k▲ 9.3%€130k▼ 0.4%€760k▲ 487%€597k▼ 21.5%€728k▲ 21.9%
Working capital€-8k▼ 60.4%€39k€-49k€-99k▼ 99.8%€-399k▼ 304%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €52k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €885k
Fixed assets
€799k ▼ 3.8%
Current assets
€85k ▼ 29.7%
Equity and liabilities €885k
Equity
€157k ▼ 55.8%
Debt
€728k ▲ 21.9%
Debt's share of the balance-sheet total rises from 62.7% to 82.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €84k
Cash flow
€-3k▼
2024 · €57k
Current ratio
0.18▼
2024 · 0.55
Debt to equity
4.64▲
2024 · 1.68
ROE
-22.9%▼
2024 · 6.9%
ROA
-4.1%▼
2024 · 2.6%
Interest coverage
0.85▼
2024 · 3.93
Debt ≤ 1 year
€485k▲
2024 · €221k
Debt > 1 year
€144k▼
2024 · €263k
Income taxes
€5k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €15k | €22k | €33k | €33k | ▲ 1.0% |
| Other operating charges640/8 | €3k | €4k | €11k | €4k | €5k | ▲ 4.8% |
| Gross operating margin9900 | €73k | €50k | €73k | €89k | €18k | ▼ 80.1% |
| Operating profit (loss)9901 | €53k | €31k | €40k | €52k | €-20k | ▼ 138% |
| Financial income75/76B | €0 | €13 | €835 | €5k | €4k | ▼ 17.9% |
| Recurring financial income75 | €0 | €13 | €835 | €5k | €4k | ▼ 17.9% |
| Financial charges65/66B | €5k | €6k | €13k | €21k | €15k | ▼ 29.0% |
| Recurring financial charges65 | €5k | €6k | €13k | €21k | €15k | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €48k | €25k | €28k | €35k | €-31k | ▼ 189% |
| Income taxes67/77 | €14k | €7k | €8k | €10k | €5k | ▼ 55.9% |
| Profit (loss) for the period9904 | €34k | €18k | €20k | €25k | €-36k | ▼ 246% |
| Profit (loss) for the period to be appropriated9905 | €34k | €18k | €20k | €25k | €-36k | ▼ 246% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €413k | €441k | €1.09M | €952k | €885k | ▼ 7.1% |
| Fixed assets21/28 | €298k | €284k | €860k | €831k | €799k | ▼ 3.8% |
| Tangible fixed assets22/27 | €298k | €284k | €860k | €831k | €799k | ▼ 3.8% |
| Land and buildings22 | €294k | €280k | €846k | €817k | €788k | ▼ 3.6% |
| Plant, machinery and equipment23 | - | - | €432 | €3k | €3k | ▼ 22.2% |
| Furniture and vehicles24 | €3k | €2k | €13k | €10k | €9k | ▼ 14.5% |
| Other tangible fixed assets26 | €1k | €1k | €771 | €514 | €257 | ▼ 50.0% |
| Current assets29/58 | €115k | €157k | €231k | €122k | €85k | ▼ 29.7% |
| Amounts receivable within one year40/41 | €39k | €29k | €75k | €69k | €81k | ▲ 16.3% |
| Trade receivables40 | €38k | €25k | €70k | €68k | €73k | ▲ 7.5% |
| Other amounts receivable41 | €1k | €4k | €4k | €2k | €8k | ▲ 332% |
| Cash at bank and in hand54/58 | €73k | €124k | €153k | €47k | €34 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | €3k | €4k | €4k | €5k | €5k | ▼ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €413k | €441k | €1.09M | €952k | €885k | ▼ 7.1% |
| Equity10/15 | €283k | €311k | €331k | €355k | €157k | ▼ 55.8% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €20k | ▲ 10.0% |
| Reserves13 | €277k | €293k | €312k | €337k | €172k | ▼ 48.8% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | - | - |
| Tax-exempt reserves132 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €267k | €283k | €302k | €327k | €164k | ▼ 49.8% |
| Profit (loss) carried forward14 | - | - | - | - | €-36k | - |
| Amounts payable17/49 | €130k | €130k | €760k | €597k | €728k | ▲ 21.9% |
| Amounts payable after more than one year17 | - | - | €338k | €263k | €144k | ▼ 45.2% |
| Financial debts170/4 | - | - | €222k | €171k | €76k | ▼ 55.5% |
| Other amounts payable178/9 | - | - | €116k | €92k | €68k | ▼ 26.1% |
| Amounts payable within one year42/48 | €123k | €118k | €281k | €221k | €485k | ▲ 120% |
| Current portion of amounts payable after more than one year42 | - | - | €12k | €10k | €11k | ▲ 4.6% |
| Financial debts43 | €13 | €13 | €13 | - | €2k | - |
| Credit institutions430/8 | €13 | €13 | €13 | - | €2k | - |
| Trade debts44 | €2k | €6k | €144k | €82k | €120k | ▲ 45.7% |
| Suppliers440/4 | €2k | €6k | €144k | €82k | €120k | ▲ 45.7% |
| Taxes, remuneration and social security45 | €23k | €20k | €20k | €24k | €42k | ▲ 70.6% |
| Taxes450/3 | €23k | €20k | €20k | €24k | €38k | ▲ 54.3% |
| Remuneration and social security454/9 | - | - | - | - | €4k | - |
| Other amounts payable47/48 | €99k | €92k | €104k | €103k | €310k | ▲ 200% |
| Accrued charges and deferred income492/3 | €7k | €11k | €141k | €113k | €99k | ▼ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €18k | €20k | €25k | €-36k | ▼ 246% |
| + Depreciation and write-downs630 | €17k | €15k | €22k | €33k | €33k | ▲ 1.0% |
| Operating cash flow (approximation) | €51k | €32k | €42k | €57k | €-3k | ▼ 105% |
| Investment in fixed assets (approximation) | - | €0 | €-598k | €-3k | €-1k | ▲ 52.7% |
| Change in cash | - | €51k | €29k | €-106k | €-47k | ▲ 55.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 3.34
Current ratio from 1.25 to 3.34; short-term debt falls from €58k to €28k.
31-12
Financial
Equity above €200kEq €225k ▲20.9%
2 profitable years in a row build equity to €225k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Heusden-Zolder · 1 establishment unit since 2009
Ground area
896 m²
Building footprint
146 m²
Volume, LiDAR
854 m³
Parcel 71462E0329/00F000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BT Consulting
since 20092.175.859.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462E0329/00F000 | Flanders | 896 m² | 1 · 146 m² | 8.6 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,277 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
Founded07-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
Contact
Scores and ratios are computed by Checked and are not a credit decision.