Equity
-€96,890
Debts exceed assets in financial year 2025.
CLIENT VALUES FIRST
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€43,353 (2025)
-€43,353▲ €5,411
lowest -€54,911 (2024)
-€46,979▲ €7,932
peak -€49,911 (2024)
-€96,890▼ €46,979
€109,918▲ 53.2%
Board1 name since 2024
1 directorDESIDERIO Bruno Jacques Franco
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Loss of €46,979Equity from -€49,911 to -€96,890Debts from €71,727 to €109,918Cash from €15,572 to €5,698
Key points
from the 2025 annual accountsLosses
-€101,890 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€109,918 844% of the balance sheet
Suppliers 1%Taxes and wages 1%Other 98%
2025 accounts filed 26 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 11% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.4%
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▼ -0.2 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025lowest value
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.2 percentage points vs 08-2026
10-2026: 0.7%▲ +0.4 percentage points vs 09-2026highest value
11-2026: 0.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€96,890
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €13,028
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 70, micro). It does better than 3% of them on solvency, 33% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as CLIENT VALUES FIRST has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CLIENT VALUES FIRST itself is lower: 0.7% within 12 months. It rests on far more data about CLIENT VALUES FIRST than the profile alone.
Test of the method
The method was tested on the 497,447 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 7,639 companies, not a prediction for CLIENT VALUES FIRST. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (0.28 in 2024), below 1. Short-term debt is 843.7% and cash 43.7% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€96,890
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
26 days late
2024
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 23 days after the deadline. In the sector (NACE 70), 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Ottignies-Louvain-la-Neuve to Grez-Doiceau
New registered office: 154, avenue comte Gérard d'Ursel à 1390 Grez-Doiceau · Previous registered office: Courbevoie 10/103 à 1348 Ottignies-Louvain-la-Neuve · General meeting of 15-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1004301277
Incorporation
Founding capital of €5,000, 200 shares · Founder: DESIDERIO Bruno Jacques Franco · Appointment: DESIDERIO Bruno Jacques Franco (director) · published on 09-01-2024 · Gazette deed
First establishment
Courbevoie 10, Ottignies-Louvain-la-Neuve
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CLIENT VALUES FIRST Grez-Doiceau | €13,028 | -€43,353 | -743.7% | - |
| ATS MANAGEMENT Rixensart | €11,865 | -€7,986 | -57.1% | - |
| Green Shift Braine-l'Alleud | €14,772 | -€61,059 | -816.0% | - |
| MOONEN MANAGEMENT Waterloo | €15,299 | €447 | -61.7% | - |
| Yevangelina Kvyatkovskaya Rixensart | €10,864 | -€11,444 | 15.7% | - |
| XANAMEA Management Chastre | €11,858 | -€8,338 | -341.2% | - |
| HARLINGTON-STRAKER FINANCIAL ADVISORS Rixensart | €13,753 | -€29,601 | -268.1% | - |
These companies have the same main activity as CLIENT VALUES FIRST: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €10,900 and €15,300, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 05-01-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.355.857.4101348 Ottignies-Louvain-la-Neuve, since 05-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- -€43,353▲ 11.1%
- €46,979▼ 14.4%
- -€96,890▼ 94.1%
- €13,028▼ 40.3%
- Filing
- Filed on 26-08-2026
Insights on CLIENT VALUES FIRST
CLIENT VALUES FIRST has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€96,890) and a net result of -€46,979.
Its solvency ranks better than 5% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-08-2026, 26 days late-€43,353
▲ €5,411
-€44,592
▲ €7,878
-€46,979
▲ €7,932
-€97,808
▼ €46,431
-743.7%
▼ 514.9 percentage points
0.11
▼ 0.17
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €13,028 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-743.7%
Lower than 95% of 39,368 companies in 2025.
0.11
Lower than 95% of 38,051 companies in 2025.
-360.6%
Lower than 95% of 38,523 companies in 2025.
CLIENT VALUES FIRST
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
13,028 | 21,816 | |
21/28 |
918 | 1,466 | |
22/27 |
918 | 1,466 | |
24 |
918 | 1,466 | |
29/58 |
12,110 | 20,350 | |
40/41 |
5,932 | 2,787 | |
40 |
775 | 268 | |
41 |
5,157 | 2,519 | |
54/58 |
5,698 | 15,572 | |
490/1 |
481 | 1,991 | |
| Balance sheet: equity and liabilities | |||
10/49 |
13,028 | 21,816 | |
10/15 |
-96,890 | -49,911 | |
10/11 |
5,000 | 5,000 | |
14 |
-101,890 | -54,911 | |
17/49 |
109,918 | 71,727 | |
42/48 |
109,918 | 71,727 | |
44 |
976 | 223 | |
440/4 |
976 | 223 | |
45 |
1,006 | 509 | |
450/3 |
1,006 | 509 | |
47/48 |
107,935 | 70,995 | |
| Income statement | |||
9900 |
-43,353 | -48,764 | |
630 |
548 | 178 | |
640/8 |
691 | 3,528 | |
9901 |
-44,592 | -52,470 | |
75/76B |
12 | 4 | |
75 |
12 | 4 | |
65/66B |
1,902 | 1,936 | |
65 |
1,902 | 1,936 | |
9903 |
-46,482 | -54,402 | |
67/77 |
498 | 509 | |
9904 |
-46,979 | -54,911 | |
9905 |
-46,979 | -54,911 | |
| Appropriation of the result | |||
9906 |
-101,890 | -54,911 | |
14P |
-54,911 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00439682.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -44,044 | -52,292 | ||
| -46,431 | -54,733 | ||
| 0 | 1,644 | ||
| -9,875 | - | ||
| -97,808 | -51,376 | ||
| -743.7% | -228.8% | ||
| 0.11 | 0.28 | ||
| -360.6% | -251.7% | ||
| -23.16 | -27.01 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €1,644 |
| €548 | €178 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CLIENT VALUES FIRST
The operating result for 2025 is a loss of €44,592, smaller than the loss of €52,470 in 2024.
Equity is negative. Debt (€109,918) exceeds the balance-sheet total (€13,028).
Board & ownership
Board
1 director, since incorporationDirector
since 05-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 26-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit en défendant. Chaque administrateur…”deed of 09-01-2024
Mandates through the years
1 name, the dashed line is todayDESIDERIO Bruno Jacques Franco
Director
Director
Board
Mandates as a list
- DESIDERIO Bruno Jacques Franco
- Director, from 05-01-2024 to date
Control
Founder
This company
CLIENT VALUES FIRST
Equity -€96,890
Loss €46,979 in 2025
Capital
- Contribution
- €5,000
- Shares
- 200
- Contribution per share
- €25
- Equity per share
- -€484 in 2025
- Source
- deed of 09-01-2024
Articles of association
deed of 09-01-2024 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, assemblée générale peut mettre fin à tout moment,avec effet immédiat et sans motif,au mandat de chaque…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “qui précèdent. Il fixe les attributions, les pouvoirs et les rémunérations fixes ou variables, imputées sur les frais généraux, des…”
Shareholders
At incorporation
deed of 09-01-2024 ↗
- DESIDERIO Bruno Jacques Franco 200 shares (100%) · €5,000 in cash
Network & group
No group
CLIENT VALUES FIRST has no parent and no holdings in its annual accounts. DESIDERIO Bruno Jacques Franco is the only director. CLIENT VALUES FIRST shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Establishments
Address
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from Ottignies-Louvain-la-Neuve to Grez-DoiceauNew registered office: 154, avenue comte Gérard d'Ursel à 1390 Grez-Doiceau · Previous registered office: Courbevoie 10/103 à 1348 Ottignies-Louvain-la-Neuve · General meeting of 15-12-20253 points ▸
- General meeting, 15-12-2025
- Registered-office move, 154, avenue comte Gérard d'Ursel à 1390 Grez-Doiceau
- Power of attorney, Lafiduciaire.be SRL
Annual accounts 2025 filed NBBmicro format · 26 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1004301277
Annual accounts 2024 filed PDFmicro format · 20 days late
2024
IncorporationFounding capital of €5,000, 200 shares · Founder: DESIDERIO Bruno Jacques Franco · Appointment: DESIDERIO Bruno Jacques Franco (director) · published on 09-01-20245 points ▸
- Registered office clause, 1348-Ottignies-Louvain-la-Neuve-Courbevoie-10-bte-0103
- Director appointment, DESIDERIO Bruno Jacques Franco
- Founder, DESIDERIO Bruno Jacques Franco
- Founding capital, €5,000, 200 shares
- 200 shares
- The deed holds 4 more points.
First establishment Courbevoie 10, Ottignies-Louvain-la-Neuve
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CLIENT VALUES FIRST was incorporated on 5 January 2024 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Grez-Doiceau in 2026.3 Since 2024, DESIDERIO Bruno Jacques Franco has served as director.4
Company details
Identity
- Enterprise number
- 1004.301.277
- VAT number
- BE 1004.301.277
- Peppol ID
- 0208:1004301277
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-01-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “qui précèdent. Il fixe les attributions, les pouvoirs et les rémunérations fixes ou variables, imputées sur les frais généraux, des…”deed of 09-01-2024 (in French)
- Peppol
- Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CLIENT VALUES FIRST in French
- Entity type
- Legal entity
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
62020
IT consultancy
70100
Activities of head offices
70210
Activities of head offices; management consultancy activities
73200
Advertising, market research and public relations activities
78300
Employment activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Av. Cte Gérard d'Ursel 154 registered office 1390 Grez-Doiceau | ||
| Courbevoie 10 1348 Ottignies-Louvain-la-Neuve | 05-01-2024 | 2.355.857.410 |
1 former office
- Courbevoie 10/103, 1348 Ottignies-Louvain-la-Neuve until 15-12-2025 · deed of 09-10-2026