CONSEQUENCES
ActiveSummary
CONSEQUENCES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,403 and a net result of €25,103. Its solvency ranks better than 54% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €25,403
- Profit
- €25,103
Why 96lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.71, cash €26,776Equity €25,403 (63.3% of total assets)Size: total assets €40,132Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 56% on solvency, 67% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: BASRI Atik (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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.
| Line | 2025 |
|---|---|
| Gross operating margin9900 | €31,392 |
| Operating profit (loss)9901 | €31,392 |
| Financial charges65/66B | €16 |
| Recurring financial charges65 | €16 |
| Profit (loss) for the period before taxes9903 | €31,376 |
| Income taxes67/77 | €6,273 |
| Profit (loss) for the period9904 | €25,103 |
| Profit (loss) for the period to be appropriated9905 | €25,103 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €40,132 | |
| Fixed assets21/28 | €180 | |
| Financial fixed assets28 | €180 | |
| Current assets29/58 | €39,952 | |
| Amounts receivable within one year40/41 | €13,177 | |
| Trade receivables40 | €13,164 | |
| Other amounts receivable41 | €13 | |
| Cash at bank and in hand54/58 | €26,776 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €40,132 | |
| Equity10/15 | €25,403 | |
| Contributions10/11 | €300 | |
| Profit (loss) carried forward14 | €25,103 | |
| Amounts payable17/49 | €14,729 | |
| Amounts payable within one year42/48 | €14,729 | |
| Taxes, remuneration and social security45 | €13,395 | |
| Taxes450/3 | €13,395 | |
| Other amounts payable47/48 | €1,334 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €25,103 |
| Operating cash flow (approximation) | €25,103 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 16-06-2026 | 2026-00175667 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BASRI Atik |
|
Owners and capital
Capital and shareholders
- BASRI Atik 100 shares (100%) · €300 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 31-07-2025 Incorporation · €300 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
31-07
Gazette deed
IncorporationAppointment: BASRI Atik (director) · Founding capital · Declaration8 facts ▸
- Incorporation, 28-07-2025
- Founding capital, €300
- Declaration, “non-payment of shares at constitution, article 5:8 du Code des sociétés et des associations” (deed in French)
- Capital
- Registered office clause, “in progress, 1150 Woluwe-Saint-Pierre, Place des Maieurs”, 4/20 (deed in French)
- Board rule, 1
- Director appointment, BASRI Atik (director (not named in the articles))
- Pre-incorporation commitments, “takeover, all commitments, obligations and activities undertaken in name and for account of company in formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21019A0101/00N000 | Brussels | 2,839 m² | 1 · 2,655 m² | 18.5 m · 5 |
| 23645C0426/00G004 | Flanders | 236 m² | 1 · 64 m² | 12.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Consultance informatique” (deed in French)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CONSEQUENCES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Bruxelles-Capitale, par simple décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non, nommés avec ou sans limitation de durée” (deed in French)“Il peut déléguer des pouvoirs spéciaux à tout mandataire, Chaque administrateur représente la société à l'égard des tiers et en justice…” (deed in French)“L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement, Cette rémunération sera portée aux frais généraux…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Le registre des actions sera tenu en la forme électronique, Toutes les actions sont nominatives, elles portent un numéro d’ordre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “L’administrateur/les administrateurs décide souverainement des appels de fonds complémentaires à effectuer par les actionnaires moyennant…” (deed in French)“L’ouverture de la souscription avec droit de préférence ainsi que son délai d’exercice sont fixés par l’organe qui procède à l’émission et…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Meeting ruleHow the company's meetings are run.
- 2 provisions in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, en tout cas, sera considérée comme ayant été régulièrement convoquée si elle est présente ou…” (deed in French)1 more provision on this in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Les copies à délivrer aux tiers sont signées par un ou plusieurs membres de l'organe d'administration ayant le pouvoir de représentation, La…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 2 provisions in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Un ou plusieurs commissaires, rééligibles” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed