CHECKMATE
ActiveSummary
CHECKMATE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,209 and a net result of -€2,239. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 54% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+40
Solvency81▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.84 against 1.81 in 2024; short-term debt: 21% and cash: 47.2% of total assets), and 43.8% of the assets are financed with debt.
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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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 · 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 2025Solvency, return and age of the figures
Solvency
56.2%
Return on assets
-1%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€2,239
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
29 d early
2023
on the day
2022
on the day
2021
4 d early
2020
2 d early
2019
1 d early
← 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 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€422,638
EBIT margin
-2.2%
Net result
-€2,239▲ 85.6%
2024 · -€15,540
Working capital
€89,657▲ 0.1%
2024 · €89,538
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
Turnover
Operating result€50,515€72,224▲ 43.0%€20,340▼ 71.8%€5,493▼ 73.0%€7,124▲ 29.7%
Net result€44,612€57,066▲ 27.9%€11,641▼ 79.6%-€15,540-€2,239▲ 85.6%
EBIT margin
Equity€109,808▼ 6.8%€156,347▲ 42.4%€147,988▼ 5.3%€132,449▼ 10.5%€130,209▼ 1.7%
Total assets€282,299▲ 104%€304,428▲ 7.8%€331,648▲ 8.9%€298,641▼ 10.0%€231,661▼ 22.4%
Debt€172,491▲ 735%€148,081▼ 14.2%€183,660▲ 24.0%€166,193▼ 9.5%€101,452▼ 39.0%
Working capital€94,924▼ 8.4%€127,942▲ 34.8%€123,537▼ 3.4%€89,538▼ 27.5%€89,657▲ 0.1%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Total assets +104% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231,661
Fixed assets
€93,272 ▼ 5.6%
Current assets
€138,389 ▼ 30.7%
Equity and liabilities €231,661
Equity
€130,209 ▼ 1.7%
Debt
€101,452 ▼ 39.0%
Debt's share of the balance-sheet total falls from 55.6% to 43.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16,484▼
2024 · €17,178
Cash flow
€7,120▲
2024 · -€3,854
Current ratio
2.84▲
2024 · 1.81
Debt to equity
0.78▼
2024 · 1.25
ROE
-1.7%▲
2024 · -11.7%
ROA
-1.0%▲
2024 · -5.2%
Interest coverage
5.13▲
2024 · 0.96
Debt ≤ 1 year
€48,731▼
2024 · €110,259
Debt > 1 year
€52,721▼
2024 · €55,934
Income taxes
€6,309▲
2024 · €3,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,916 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 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,715 | €6,120 | €8,913 | €11,686 | €9,360 | ▼ 19.9% |
| Other operating charges640/8 | - | €1,401 | €1,347 | €3,367 | €4,995 | ▲ 48.3% |
| Non-recurring operating charges66A | - | €639 | €0 | - | - | - |
| Gross operating margin9900 | €65,543 | €80,383 | €30,601 | €20,546 | €21,479 | ▲ 4.5% |
| Operating profit (loss)9901 | €50,515 | €72,224 | €20,340 | €5,493 | €7,124 | ▲ 29.7% |
| Financial income75/76B | - | €675 | €213 | €124 | €159 | ▲ 28.9% |
| Recurring financial income75 | €928 | €675 | €213 | €124 | €159 | ▲ 28.9% |
| Financial charges65/66B | - | €1,912 | €1,667 | €17,852 | €3,213 | ▼ 82.0% |
| Recurring financial charges65 | €2,083 | €1,912 | €1,667 | €17,852 | €3,213 | ▼ 82.0% |
| Profit (loss) for the period before taxes9903 | €49,360 | €70,988 | €18,885 | -€12,235 | €4,070 | ▲ 133% |
| Income taxes67/77 | €4,748 | €13,922 | €7,244 | €3,304 | €6,309 | ▲ 91.0% |
| Profit (loss) for the period9904 | €44,612 | €57,066 | €11,641 | -€15,540 | -€2,239 | ▲ 85.6% |
| Profit (loss) for the period to be appropriated9905 | €44,612 | €57,066 | €11,641 | -€15,540 | -€2,239 | ▲ 85.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €282,299 | €304,428 | €331,648 | €298,641 | €231,661 | ▼ 22.4% |
| Fixed assets21/28 | €87,144 | €90,607 | €83,546 | €98,844 | €93,272 | ▼ 5.6% |
| Intangible fixed assets21 | - | - | - | - | €1,395 | - |
| Tangible fixed assets22/27 | €87,144 | €90,607 | €83,546 | €98,844 | €91,878 | ▼ 7.0% |
| Land and buildings22 | - | €75,406 | €73,243 | €78,241 | €75,835 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €2,124 | €1,557 | €990 | €424 | ▼ 57.2% |
| Furniture and vehicles24 | - | €13,077 | €8,746 | €19,612 | €15,619 | ▼ 20.4% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €195,155 | €213,821 | €248,103 | €199,797 | €138,389 | ▼ 30.7% |
| Amounts receivable after more than one year29 | - | €10,000 | €0 | - | - | - |
| Other amounts receivable291 | - | €10,000 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €48,056 | €92,306 | €122,233 | €154,129 | €26,088 | ▼ 83.1% |
| Trade receivables40 | - | €86,217 | €116,041 | €152,687 | €24,997 | ▼ 83.6% |
| Other amounts receivable41 | - | €6,089 | €6,192 | €1,442 | €1,091 | ▼ 24.3% |
| Current investments50/53 | €35,000 | €35,000 | €35,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €55,475 | €72,851 | €87,915 | €42,910 | €109,255 | ▲ 155% |
| Deferred charges and accrued income490/1 | - | €3,664 | €2,955 | €2,758 | €3,045 | ▲ 10.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €282,299 | €304,428 | €331,648 | €298,641 | €231,661 | ▼ 22.4% |
| Equity10/15 | €109,808 | €156,347 | €147,988 | €132,449 | €130,209 | ▼ 1.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €149,870 | €196,409 | €188,050 | €172,511 | €172,511 | = |
| Non-distributable reserves130/1 | - | €36,860 | €35,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Own shares acquired1312 | - | €35,000 | €35,000 | €0 | - | - |
| Distributable reserves133 | - | €159,549 | €153,050 | €172,511 | €172,511 | = |
| Profit (loss) carried forward14 | -€58,662 | -€58,662 | -€58,662 | -€58,662 | -€60,902 | ▼ 3.8% |
| Amounts payable17/49 | €172,491 | €148,081 | €183,660 | €166,193 | €101,452 | ▼ 39.0% |
| Amounts payable after more than one year17 | €65,260 | €62,203 | €59,094 | €55,934 | €52,721 | ▼ 5.7% |
| Financial debts170/4 | - | €62,203 | €59,094 | €55,934 | €52,721 | ▼ 5.7% |
| Amounts payable within one year42/48 | €100,231 | €85,879 | €124,566 | €110,259 | €48,731 | ▼ 55.8% |
| Current portion of amounts payable after more than one year42 | - | €3,058 | €3,109 | €3,160 | €3,213 | ▲ 1.7% |
| Financial debts43 | - | €2,171 | €5,474 | €2,766 | €1,261 | ▼ 54.4% |
| Credit institutions430/8 | - | €2,171 | €5,474 | €2,766 | €1,261 | ▼ 54.4% |
| Trade debts44 | €35,094 | €45,631 | €71,966 | €68,596 | €9,498 | ▼ 86.2% |
| Suppliers440/4 | - | €45,631 | €71,966 | €68,596 | €9,498 | ▼ 86.2% |
| Taxes, remuneration and social security45 | - | €22,755 | €0 | €5,608 | €23,761 | ▲ 324% |
| Taxes450/3 | - | €22,755 | €0 | €3,323 | €23,761 | ▲ 615% |
| Remuneration and social security454/9 | - | - | - | €2,285 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €12,263 | €44,018 | €30,128 | €10,999 | ▼ 63.5% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,612 | €57,066 | €11,641 | -€15,540 | -€2,239 | ▲ 85.6% |
| + Depreciation and write-downs630 | €5,715 | €6,120 | €8,913 | €11,686 | €9,360 | ▼ 19.9% |
| Operating cash flow (approximation) | €50,327 | €63,185 | €20,555 | -€3,854 | €7,120 | ▲ 285% |
| Investment in fixed assets (approximation) | - | -€9,583 | -€1,852 | -€26,984 | -€3,788 | ▲ 86.0% |
| Change in cash | - | €17,376 | €15,064 | -€45,005 | €66,346 | ▲ 247% |
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
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €57,066 ▲27.9%
Operating result €72,224, net result €57,066, both a record.
30-06
Financial
Equity above €150,000Eq €156,347 ▲42.4%
2 profitable years in a row build equity to €156,347.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €44,612
Net result €44,612 after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity quadruplescurrent ratio 6.02
Current ratio from 1.40 to 6.02; short-term debt falls from €239,266 to €20,650.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Oud-Turnhout · 1 establishment unit since 2008
Ground area
1,080 m²
Building footprint
135 m²
Volume, LiDAR
555 m³
Parcel 13031C0438/00R000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CHECKMATE
since 20082.168.657.407
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13031C0438/00R000 | Flanders | 1,080 m² | 1 · 135 m² | 6.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,943 EUR awarded · 4,798 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 2,400 EUR |
| 2023 | 1 | 3,943 EUR | 2,398 EUR |
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Of 4,579 companies in sector 82300 we hold annual accounts for 1,673. 1,299 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
Founded13-02-2008
Fiscal year end30-06
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
70200Business and other management consultancy
73110Advertising agencies
82990Other business support services
Contact
Phone
0475/465868Oud-Turnhout
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895690872
Also
9925:BE0895690872
Registered
24-11-2023
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.