CONSTABEL
ActiveSummary
CONSTABEL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €469,964 and a net result of €170,629. Equity is growing by ~52.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+14
Solvency84▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 8.69 against 7.59 in 2024; short-term debt: 4.4% and cash: 1.3% of total assets), and 41.1% 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.9%
Return on assets
21.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-03-2026, 39 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
39 d early
2024
10 d early
2023
44 d early
2022
21 d early
2021
6 d early
2020
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 9 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€469,964▲ 57.0%
2024 · €299,335
Total assets
€797,999▼ 1.0%
2024 · €805,789
Net result
€170,629▲ 113%
2024 · €80,174
Working capital
€269,566▼ 10.3%
2024 · €300,654
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€70,729▲ 37.8%€58,796▼ 16.9%€126,548▲ 115%€98,912▼ 21.8%€240,788▲ 143%
Net result€69,055above the sector's middle half▲ 63.3%€45,377within the sector's middle half▼ 34.3%€103,313above the sector's middle half▲ 128%€80,174above the sector's middle half▼ 22.4%€170,629above the sector's middle half▲ 113%
Equity€94,130within the sector's middle half▲ 197%€139,508within the sector's middle half▲ 48.2%€220,021within the sector's middle half▲ 57.7%€299,335above the sector's middle half▲ 36.0%€469,964above the sector's middle half▲ 57.0%
Total assets€661,791above the sector's middle half▲ 419%€735,317above the sector's middle half▲ 11.1%€803,026above the sector's middle half▲ 9.2%€805,789above the sector's middle half▲ 0.3%€797,999above the sector's middle half▼ 1.0%
Debt€567,660▲ 492%€595,810▲ 5.0%€583,006▼ 2.1%€506,454▼ 13.1%€328,035▼ 35.2%
Working capital€120,030within the sector's middle half▲ 162%€177,520above the sector's middle half▲ 47.9%€246,375above the sector's middle half▲ 38.8%€300,654above the sector's middle half▲ 22.0%€269,566above the sector's middle half▼ 10.3%
Solvency14.2%below the sector's middle half▼ 10.6pp19.0%below the sector's middle half▲ 4.7pp27.4%below the sector's middle half▲ 8.4pp37.1%within the sector's middle half▲ 9.7pp58.9%within the sector's middle half▲ 21.7pp
Current ratio4.44within the sector's middle half▲ 2.084.27within the sector's middle half▼ 0.174.31within the sector's middle half▲ 0.047.59above the sector's middle half▲ 3.288.69above the sector's middle half▲ 1.10
Return on assets (ROA)10.4%within the sector's middle half▼ 22.7pp6.2%within the sector's middle half▼ 4.3pp12.9%within the sector's middle half▲ 6.7pp9.9%within the sector's middle half▼ 2.9pp21.4%within the sector's middle half▲ 11.4pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €797,999
Fixed assets
€493,391 ▲ 7.4%
Current assets
€304,608 ▼ 12.0%
Equity and liabilities €797,999
Equity
€469,964 ▲ 57.0%
Debt
€328,035 ▼ 35.2%
Debt's share of the balance-sheet total falls from 62.9% to 41.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€305,417▲
2024 · €121,520
Cash flow
€235,258▲
2024 · €102,782
Debt to equity
0.70▼
2024 · 1.69
ROE
36.3%▲
2024 · 26.8%
Interest coverage
63.87▲
2024 · 21.81
Debt ≤ 1 year
€35,042▼
2024 · €45,619
Debt > 1 year
€292,327▼
2024 · €460,599
Income taxes
€74,428▲
2024 · €19,805
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,778 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 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% | 1.7% |
| 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 75% 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 6,778 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,570 | €86,617 | €35,376 | €22,607 | €64,629 | ▲ 186% |
| Other operating charges640/8 | €1,545 | €767 | €2,438 | €1,905 | €9,566 | ▲ 402% |
| Gross operating margin9900 | €110,844 | €146,180 | €164,362 | €123,425 | €314,983 | ▲ 155% |
| Operating profit (loss)9901 | €70,729 | €58,796 | €126,548 | €98,912 | €240,788 | ▲ 143% |
| Financial income75/76B | €601 | €10 | €1,144 | €6,639 | €9,051 | ▲ 36.3% |
| Recurring financial income75 | €601 | €10 | €1,144 | €6,639 | €9,051 | ▲ 36.3% |
| Financial charges65/66B | €1,949 | €6,683 | €5,956 | €5,572 | €4,782 | ▼ 14.2% |
| Recurring financial charges65 | €1,949 | €6,683 | €5,956 | €5,572 | €4,782 | ▼ 14.2% |
| Profit (loss) for the period before taxes9903 | €69,381 | €52,122 | €121,736 | €99,979 | €245,057 | ▲ 145% |
| Income taxes67/77 | €327 | €6,745 | €18,423 | €19,805 | €74,428 | ▲ 276% |
| Profit (loss) for the period9904 | €69,055 | €45,377 | €103,313 | €80,174 | €170,629 | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €69,055 | €45,377 | €103,313 | €80,174 | €170,629 | ▲ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €661,791 | €735,317 | €803,026 | €805,789 | €797,999 | ▼ 1.0% |
| Fixed assets21/28 | €506,870 | €503,503 | €482,124 | €459,516 | €493,391 | ▲ 7.4% |
| Tangible fixed assets22/27 | €506,870 | €503,503 | €482,124 | €459,516 | €493,391 | ▲ 7.4% |
| Land and buildings22 | - | - | - | - | €493,391 | - |
| Plant, machinery and equipment23 | €2,370 | €1,536 | €702 | €79 | - | - |
| Furniture and vehicles24 | €32,750 | €17,775 | €2,799 | - | - | - |
| Assets under construction and advance payments27 | €471,750 | €484,192 | €478,622 | €459,437 | - | - |
| Current assets29/58 | €154,920 | €231,814 | €320,903 | €346,273 | €304,608 | ▼ 12.0% |
| Amounts receivable within one year40/41 | €84,669 | €51,437 | €40,865 | €43,302 | €37,998 | ▼ 12.2% |
| Trade receivables40 | €20,683 | €50,845 | €36,207 | €17,198 | €17,428 | ▲ 1.3% |
| Other amounts receivable41 | €63,986 | €593 | €4,658 | €26,104 | €20,570 | ▼ 21.2% |
| Current investments50/53 | - | - | €100,000 | €280,000 | €255,000 | ▼ 8.9% |
| Cash at bank and in hand54/58 | €69,827 | €179,937 | €148,504 | €9,018 | €10,688 | ▲ 18.5% |
| Deferred charges and accrued income490/1 | €425 | €439 | €31,533 | €13,953 | €922 | ▼ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €661,791 | €735,317 | €803,026 | €805,789 | €797,999 | ▼ 1.0% |
| Equity10/15 | €94,130 | €139,508 | €220,021 | €299,335 | €469,964 | ▲ 57.0% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €93,130 | €138,508 | €219,021 | €298,335 | €468,964 | ▲ 57.2% |
| Distributable reserves133 | €93,130 | €138,508 | €219,021 | €298,335 | €468,964 | ▲ 57.2% |
| Amounts payable17/49 | €567,660 | €595,810 | €583,006 | €506,454 | €328,035 | ▼ 35.2% |
| Amounts payable after more than one year17 | €531,336 | €534,995 | €498,321 | €460,599 | €292,327 | ▼ 36.5% |
| Financial debts170/4 | €508,305 | €533,848 | €497,412 | €460,599 | €292,078 | ▼ 36.6% |
| Other amounts payable178/9 | €23,030 | €1,147 | €909 | - | €248 | - |
| Amounts payable within one year42/48 | €34,890 | €54,294 | €74,528 | €45,619 | €35,042 | ▼ 23.2% |
| Current portion of amounts payable after more than one year42 | €18,491 | €36,063 | €36,436 | €36,813 | €16,390 | ▼ 55.5% |
| Trade debts44 | €10,435 | €11,487 | €1,775 | €3,516 | €1,528 | ▼ 56.5% |
| Suppliers440/4 | €10,435 | €11,487 | €1,775 | €3,516 | €1,528 | ▼ 56.5% |
| Taxes, remuneration and social security45 | €164 | €6,745 | €13,517 | €4,431 | €17,124 | ▲ 286% |
| Taxes450/3 | €164 | €6,745 | €12,497 | €4,431 | €17,124 | ▲ 286% |
| Remuneration and social security454/9 | - | - | €1,020 | - | - | - |
| Other amounts payable47/48 | €5,800 | - | €22,800 | €860 | - | - |
| Accrued charges and deferred income492/3 | €1,435 | €6,521 | €10,157 | €236 | €667 | ▲ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,055 | €45,377 | €103,313 | €80,174 | €170,629 | ▲ 113% |
| + Depreciation and write-downs630 | €38,570 | €86,617 | €35,376 | €22,607 | €64,629 | ▲ 186% |
| Operating cash flow (approximation) | €107,625 | €131,994 | €138,689 | €102,782 | €235,258 | ▲ 129% |
| Investment in fixed assets (approximation) | - | -€83,250 | -€13,996 | €0 | -€98,505 | - |
| Change in cash | - | €110,111 | -€31,433 | -€139,486 | €1,670 | ▲ 101% |
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
2026
25-03
State Gazette act
General meeting · Share issue
Statutes amendment · Director appointment
22-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €170,629 ▲113%
Operating result €240,788, net result €170,629, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200,000Eq €220,021 ▲57.7%
4 profitable years in a row build equity to €220,021.
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100,000Eq €139,508 ▲48.2%
3 profitable years in a row build equity to €139,508.
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2019
Ground area
807 m²
Building footprint
133 m²
Volume, LiDAR
700 m³
Parcel 31807H0533/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CONSULTANCY SOETE THOMAS ACCOUNTANT EN BELASTINGADVISEUR
since 20192.307.534.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807H0533/00S000 | Flanders | 807 m² | 1 · 133 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,493 EUR awarded · 2,493 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 389 EUR | 389 EUR |
| 2024 | 1 | 389 EUR | 389 EUR |
| 2023 | 1 | 1,347 EUR | 1,347 EUR |
| 2022 | 1 | 368 EUR | 368 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
984500D82DD64877BB05
Similar companies · same sector, comparable size
CALCULO
BE 0820.803.409
Riemst · Eq €469,884
OWL ADVISORY BELGIUM
BE 0744.654.449
Sint-Pieters-Woluwe · Eq €470,064
TRIJUS
BE 0899.820.203
Hoegaarden · Eq €469,785
FOURNEAU
BE 0434.785.375
Overijse · Eq €470,223
CV FID
BE 0599.796.332
Frasnes-lez-Anvaing · Eq €470,845
Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 5,568 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
Founded28-11-2019
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
constabel@outlook.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738519101
Registered
21-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.