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ConsulStanS

Active
Private limited companyfounded 2025active for 1 yearStadsheimelijkheid 1, 2800 Mechelen, BelgiumKBO/BCE: BE 1018.473.967

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 23-06-2026 at the NBB

Turnover
≈ €110,000
Estimated: probably between €91,000 and €160,000
Total assets
€68,981
Net result
€41,862
Working capital
€40,645

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €68,981
Fixed assets €4,582
Current assets €64,399
Equity and liabilities €68,981
Equity €44,029
Debt €24,952
Debt's share of the balance-sheet total is 36.2%.
Key figures and ratios
2025 value
EBITDA
€54,502
Cash flow
€42,267
Current ratio
2.71
Debt to equity
0.57
ROE
95.1%
ROA
60.7%
Interest coverage
over 100
Debt ≤ 1 year
€23,754
Income taxes
€12,186

Investments

fixed assets acquired
Item2025
Tangible fixed assets€4,987
Depreciation and write-downs of the year€405

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€68,981
Fixed assets21/28€4,582
Tangible fixed assets22/27€4,582
Plant, machinery and equipment23€1,685
Furniture and vehicles24€2,897
Current assets29/58€64,399
Amounts receivable within one year40/41€13,923
Trade receivables40€13,923
Cash at bank and in hand54/58€50,476
Equity and liabilities
Total equity and liabilities10/49€68,981
Equity10/15€44,029
Contributions10/11€3,000
Reserves13€41,029
Distributable reserves133€41,029
Amounts payable17/49€24,952
Amounts payable within one year42/48€23,754
Taxes, remuneration and social security45€21,694
Taxes450/3€21,694
Other amounts payable47/48€2,060
Accrued charges and deferred income492/3€1,197
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405
Other operating charges640/8€622
Gross operating margin9900€55,124
Operating profit (loss)9901€54,097
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€54,048
Income taxes67/77€12,186
Profit (loss) for the period9904€41,862
Profit (loss) for the period to be appropriated9905€41,862
Appropriation of the result
Profit (loss) to be appropriated9906€41,862
Transfer to equity691/2€41,029
To other reserves6921€41,029
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 5 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 23-06-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405
Other operating charges640/8€622
Gross operating margin9900€55,124
Operating profit (loss)9901€54,097
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€54,048
Income taxes67/77€12,186
Profit (loss) for the period9904€41,862
Profit (loss) for the period to be appropriated9905€41,862
Line2025
Assets
Total assets20/58€68,981
Fixed assets21/28€4,582
Tangible fixed assets22/27€4,582
Plant, machinery and equipment23€1,685
Furniture and vehicles24€2,897
Current assets29/58€64,399
Amounts receivable within one year40/41€13,923
Trade receivables40€13,923
Cash at bank and in hand54/58€50,476
Equity and liabilities
Total equity and liabilities10/49€68,981
Equity10/15€44,029
Contributions10/11€3,000
Reserves13€41,029
Distributable reserves133€41,029
Amounts payable17/49€24,952
Amounts payable within one year42/48€23,754
Taxes, remuneration and social security45€21,694
Taxes450/3€21,694
Other amounts payable47/48€2,060
Accrued charges and deferred income492/3€1,197
Line2025
Profit (loss) for the period9904€41,862
+ Depreciation and write-downs630€405
Operating cash flow (approximation)€42,267

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as ConsulStanS has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of ConsulStanS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for ConsulStanS. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 23-06-2026 2026-00185534 PDF

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