Equity
€144,504 ▲ 58.7%
Equity rose in 2025 from €91,059 to €144,504.
CONSEQUITY
Overview
Lifetime
3 annual accounts with figures on one time axispeak €62,942 (2025)
€62,942▲ 14.3%
peak €54,278 (2025)
€54,278▲ 16.4%
peak €144,504 (2025)
€144,504▲ 58.7%
€34,088▲ 94.4%
Board1 name since 2022
1 directorVER EECKE Nathalie Josephine Pauline
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €55,064 to €62,942Dividend €833Equity from €91,059 to €144,504Debts from €17,532 to €34,088Cash from €12,130 to €0
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 67% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.4%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 5.24, cash €0, halved
Founded in 2022
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 31-08-2026)
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 62, micro). It does better than 85% of them on solvency, 20% on liquidity, 82% on profitability and 82% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as CONSEQUITY has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONSEQUITY itself: 0.4% within 12 months.
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 39,278 companies, not a prediction for CONSEQUITY. 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
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.24 (6.19 in 2024), above the usual 1.5. Short-term debt is 19.1% and cash 0% of total assets. 19.1% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 3 filingsDeviation from the deadline
2025
25 days late
2024
28 days late
2023
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 24 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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. The company usually files around 25 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VER EECKE Nathalie Josephine Pauline 1,000 sharesdeed of 12-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0794541846
Incorporation
Founding capital of €2,000, 1,000 shares · Founder: VER EECKE Nathalie Josephine Pauline · Appointment: VER EECKE Nathalie Josephine Pauline (director) · published on 12-12-2022 · Gazette deed
First establishment
Prins Alexanderstraat 53, Bruges
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as CONSEQUITY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €152,000 and €209,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 08-12-2022Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.341.043.9268310 Bruges, since 08-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Annual accounts 2025
- €62,942▲ 14.3%
- €54,278▲ 16.4%
- €144,504▲ 58.7%
- €178,593▲ 64.5%
- Filing
- Filed on 25-08-2026
Insights on CONSEQUITY
CONSEQUITY files the micro format. That format states no turnover. The gross margin rose from €57,882 in 2023 to €62,942 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-08-2026, 25 days late€62,942
▲ 14.3%
€62,195
▲ 13.4%
€54,278
▲ 16.4%
€144,504
▲ 58.7%
80.9%
▼ 2.9 percentage points
5.24
▼ 0.95
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €110,000 and €160,000.
Balance sheet
balance sheet total €178,593 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
80.9%
Higher than 76% of 21,205 companies in 2025.
5.24
Higher than 76% of 20,568 companies in 2025.
30.4%
Higher than 68% of 20,743 companies in 2025.
CONSEQUITY
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
178,593 | 108,591 | 63,110 | |
29/58 |
178,593 | 108,591 | 63,110 | |
40/41 |
177,555 | 94,791 | 51,563 | |
40 |
11,931 | 10,981 | 10,261 | |
41 |
165,624 | 83,810 | 41,303 | |
54/58 |
0 | 12,130 | 10,428 | |
490/1 |
1,038 | 1,670 | 1,119 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
178,593 | 108,591 | 63,110 | |
10/15 |
144,504 | 91,059 | 45,251 | |
10/11 |
2,000 | 2,000 | 2,000 | |
14 |
142,504 | 89,059 | 43,251 | |
17/49 |
34,088 | 17,532 | 17,859 | |
42/48 |
34,088 | 17,532 | 17,859 | |
43 |
3,137 | - | - | |
430/8 |
3,137 | - | - | |
44 |
2,034 | 2,966 | 1,201 | |
440/4 |
2,034 | 2,966 | 1,201 | |
45 |
28,335 | 13,983 | 16,075 | |
450/3 |
28,335 | 13,983 | 16,075 | |
47/48 |
583 | 583 | 583 | |
| Income statement | ||||
76A |
0 | 0 | - | |
9900 |
62,942 | 55,064 | 57,882 | |
630 |
- | 0 | 2,500 | |
640/8 |
746 | 232 | 86 | |
9901 |
62,195 | 54,832 | 55,296 | |
75/76B |
6,926 | 4,516 | 817 | |
75 |
6,926 | 4,516 | 817 | |
76B |
0 | 0 | - | |
65/66B |
1,027 | 798 | 780 | |
65 |
1,027 | 798 | 780 | |
9903 |
68,094 | 58,550 | 55,333 | |
67/77 |
13,815 | 11,909 | 11,249 | |
9904 |
54,278 | 46,641 | 44,084 | |
9905 |
54,278 | 46,641 | 44,084 | |
| Appropriation of the result | ||||
9906 |
143,337 | 89,892 | 44,084 | |
14P |
89,059 | 43,251 | - | |
694/7 |
833 | 833 | 833 | |
694 |
833 | 833 | 833 | |
| Document | ||||
The notes to these accounts have 12 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 25-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467235.
Subsidies and aid
Flemish government 2025, 1 entry, €161 awarded, €161 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| - | 54,832 | 57,796 | ||
| - | 46,641 | 46,584 | ||
| 0 | 0 | - | ||
| -12,130 | 1,702 | - | ||
| 144,504 | 91,059 | 45,251 | ||
| 80.9% | 83.9% | 71.7% | ||
| 5.24 | 6.19 | 3.53 | ||
| 0.24 | 0.19 | 0.39 | ||
| 37.6% | 51.2% | 97.4% | ||
| 30.4% | 43.0% | 69.9% | ||
| - | 68.69 | 74.11 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | €0 | - | - |
| - | €0 | €2,500 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CONSEQUITY
The operating result for 2025 is 13% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 16.1% to 19.1%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 12-12-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 12-12-2022
Mandates through the years
1 name, the dashed line is todayVER EECKE Nathalie Josephine Pauline
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VER EECKE Nathalie Josephine Pauline
- Director (not named in the articles), appointed by deed of 12-12-2022, still in office
Control
This company
CONSEQUITY
Equity €144,504
Profit €54,278 in 2025
Capital
- Contribution
- €2,000
- Shares
- 1,000
- Contribution per share
- €2
- Equity per share
- €145 in 2025
- Source
- deed of 12-12-2022
Articles of association
deed of 12-12-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Register van aandelen op naam, aandeelhouders mogen kennis nemen betreffende hun effecten”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, indien geen andere vereffenaar…”
Shareholders
At incorporation
deed of 12-12-2022 ↗
- VER EECKE Nathalie Josephine Pauline 1,000 shares (100%) · €2,000
Network & group
No group
CONSEQUITY has no parent and no holdings in its annual accounts. VER EECKE Nathalie Josephine Pauline is the only director. CONSEQUITY shares no director with another company.
At the same address
Prins Alexanderstraat 53, 8310 Bruges · 1 other company| Ver Eecke, Nathalie (sole trader)
establishment since 06-08-2021 |
founded in 2021 0772.313.505 |
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 25 days late
2025
Highest result from 2023 to 2025 net €54,278 ▲16.4% The operating result of €62,195 and the net result of €54,278 are both a record.
Equity above €100,000 equity €144,504 ▲58.7% With a profit in every financial year since 2023, equity grows to €144,504.
Annual accounts 2024 filed PDFmicro format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0794541846
2024
Annual accounts 2023 filed PDFmicro format · 18 days late
2022
IncorporationFounding capital of €2,000, 1,000 shares · Founder: VER EECKE Nathalie Josephine Pauline · Appointment: VER EECKE Nathalie Josephine Pauline (director) · published on 12-12-20225 points ▸
- Founder, VER EECKE Nathalie Josephine Pauline
- Founding capital, €2,000, 1,000 shares
- 1,000 shares
- Registered office clause, Prins Alexanderstraat 53
- Director appointment, VER EECKE Nathalie Josephine Pauline (director (not named in the articles))
- The deed holds 18 more points.
First establishment Prins Alexanderstraat 53, Bruges
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 8 December 2022, CONSEQUITY was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 VER EECKE Nathalie Josephine Pauline is director of the company, appointed by deed of 12-12-2022.2 Total assets went from €63,110 in 2023 to €178,593 in 2025.3
Company details
Identity
- Enterprise number
- 0794.541.846
- VAT number
- BE 0794.541.846
- Peppol ID
- 0208:0794541846
- Other Peppol ID
- 9925:BE0794541846
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-12-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00deed of 12-12-2022 (in Dutch)
- Peppol
- Reachable since 12-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CONSEQUITY in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-12-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 12-12-2022 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
63110
Computing infrastructure, data processing, hosting and other information service activities
82110
Office administrative, office support and other business support activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “IT consultancy activiteiten; Ontwikkeling van software,apps en websites; Verlenen van advies over hardware en hun configuratie en toepassing…”deed of 12-12-2022 (in Dutch)
10 activities
- IT consultancy activiteiten
- Ontwikkeling van software,apps en websites
- Verlenen van advies over hardware en hun configuratie en toepassing van bijbehorende programmatuur (software)
- Uitgeverijen van software
- Ontwerpen en programmeren van computerprogramma's
- Beheer van computerfaciliteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Lease van intellectuele eigendom en vergelijkbare producten
- Gegevensverwerking,webhosting en aanverwante activiteiten
- Zakelijke dienstverlening,n.e.g.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Prins Alexanderstraat 53 registered office 8310 Bruges | 08-12-2022 | 2.341.043.926 |
Buildings and parcels at the address
- Ground area
- 328 m²
- Buildings
- 71 m²
- Volume, LiDAR
- 492 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31434C0204/00K000 | 328 m² | 1 · 71 m² | 8.8 m · 2 |