CONSULT +
ActiveSummary
CONSULT + is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €375,674 and a net result of €139,003. Equity is growing by about 78% per year across the filed financial years. The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Turnover
≈ €530,000
Estimated: probably between €370,000 and €760,000
EBIT margin
Not included in this filing
Net result
€139,003▲ 50.9%
2024 · €92,126
Working capital
€153,718
2024 · -€47,092
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€181,585
2025
Net result€139,003
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€421,759
2025
Equity€375,674
2025
Debt€46,084
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€153,718
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€1,800--€10,867€16,086€101,588▲ 532%€102,755▲ 1.1%€78,872▼ 23.2%€131,933▲ 67.3%€181,585▲ 37.6%
Net result-€220--€11,734▼ 5,236%€11,406€79,228▲ 595%€73,621▼ 7.1%€55,380▼ 24.8%€92,126▲ 66.4%€139,003▲ 50.9%
Equity€15,295-€3,561▼ 76.7%€13,567▲ 281%€15,545▲ 14.6%€89,166▲ 474%€144,545▲ 62.1%€236,672▲ 63.7%€375,674▲ 58.7%
Total assets€46,114-€40,894▼ 11.3%€36,812▼ 10.0%€123,350▲ 235%€126,521▲ 2.6%€169,116▲ 33.7%€423,482▲ 150%€421,759▼ 0.4%
Debt€30,819-€37,333▲ 21.1%€23,246▼ 37.7%€107,805▲ 364%€37,355▼ 65.3%€24,570▼ 34.2%€186,811▲ 660%€46,084▼ 75.3%
Working capital€582--€14,503€4,499€6,978▲ 55.1%€82,151▲ 12×€138,919▲ 69.1%-€47,092€153,718
Staff (FTE)0.2-0.2=0.2=1▲ 400%0.31▲ 233%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421,759
Fixed assets
€221,956 ▼ 21.8%
Current assets
€199,803 ▲ 43.0%
Equity and liabilities €421,759
Equity
€375,674 ▲ 58.7%
Debt
€46,084 ▼ 75.3%
Debt's share of the balance-sheet total falls from 44.1% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€243,393▲
2024 · €153,795
Cash flow
€200,811▲
2024 · €113,989
Current ratio
4.34▲
2024 · 0.75
Debt to equity
0.12▼
2024 · 0.79
ROE
37.0%▼
2024 · 38.9%
ROA
33.0%▲
2024 · 21.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€46,084▼
2024 · €186,811
Income taxes
€42,097▲
2024 · €39,202
Staff costs
€17,349▲
2024 · €2,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €150 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €9,661 | €11,076 | €23,442 | €2,933 | €17,349 | ▲ 491% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,146 | €14,678 | €14,678 | €7,042 | €7,644 | €1,808 | €21,863 | €61,808 | ▲ 183% |
| Other operating charges640/8 | - | - | - | €1,509 | €1,533 | €1,649 | €1,728 | €1,897 | ▲ 9.8% |
| Gross operating margin9900 | €26,356 | €14,232 | €41,502 | €119,801 | €123,009 | €105,771 | €158,457 | €262,638 | ▲ 65.7% |
| Operating profit (loss)9901 | €1,800 | -€10,867 | €16,086 | €101,588 | €102,755 | €78,872 | €131,933 | €181,585 | ▲ 37.6% |
| Financial income75/76B | - | - | - | €1 | €193 | €370 | €0 | €25 | ▲ 248× |
| Recurring financial income75 | €1 | €61 | €1 | €1 | €193 | €370 | €0 | €25 | ▲ 248× |
| Financial charges65/66B | - | - | - | €254 | €448 | €1,364 | €605 | €510 | ▼ 15.6% |
| Recurring financial charges65 | €1,072 | €546 | €572 | €254 | €448 | €1,364 | €605 | €510 | ▼ 15.6% |
| Profit (loss) for the period before taxes9903 | €729 | -€11,352 | €15,516 | €101,335 | €102,501 | €77,879 | €131,328 | €181,099 | ▲ 37.9% |
| Income taxes67/77 | €949 | €383 | €4,110 | €22,107 | €28,880 | €22,499 | €39,202 | €42,097 | ▲ 7.4% |
| Profit (loss) for the period9904 | -€220 | -€11,734 | €11,406 | €79,228 | €73,621 | €55,380 | €92,126 | €139,003 | ▲ 50.9% |
| Profit (loss) for the period to be appropriated9905 | -€220 | -€11,734 | €11,406 | €79,228 | €73,621 | €55,380 | €92,126 | €139,003 | ▲ 50.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €46,114 | €40,894 | €36,812 | €123,350 | €126,521 | €169,116 | €423,482 | €421,759 | ▼ 0.4% |
| Fixed assets21/28 | €30,438 | €27,759 | €13,081 | €8,987 | €7,435 | €5,627 | €283,764 | €221,956 | ▼ 21.8% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | €279,945 | €219,945 | ▼ 21.4% |
| Tangible fixed assets22/27 | €30,438 | €27,759 | €13,081 | €8,987 | €7,435 | €5,627 | €3,819 | €2,011 | ▼ 47.3% |
| Furniture and vehicles24 | - | - | - | €8,987 | €7,435 | €5,627 | €3,819 | €2,011 | ▼ 47.3% |
| Current assets29/58 | €15,677 | €13,134 | €23,731 | €114,363 | €119,086 | €163,489 | €139,719 | €199,803 | ▲ 43.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €3,142 | €1,842 | €542 | - | - |
| Other amounts receivable291 | - | - | - | - | €3,142 | €1,842 | €542 | - | - |
| Amounts receivable within one year40/41 | €9,221 | €9,597 | €13,717 | €14,262 | €14,228 | €30,074 | €35,070 | €29,564 | ▼ 15.7% |
| Trade receivables40 | - | - | - | €14,262 | €14,228 | €18,035 | €23,031 | €29,564 | ▲ 28.4% |
| Other amounts receivable41 | - | - | - | - | - | €12,039 | €12,039 | - | - |
| Current investments50/53 | €1,280 | €1,281 | €1,283 | €1,284 | €1,285 | €1,285 | €2,240 | €2,500 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €4,127 | €1,154 | €7,821 | €96,120 | €96,536 | €126,796 | €98,009 | €162,877 | ▲ 66.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,697 | €3,896 | €3,492 | €3,859 | €4,862 | ▲ 26.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €46,114 | €40,894 | €36,812 | €123,350 | €126,521 | €169,116 | €423,482 | €421,759 | ▼ 0.4% |
| Equity10/15 | €15,295 | €3,561 | €13,567 | €15,545 | €89,166 | €144,545 | €236,672 | €375,674 | ▲ 58.7% |
| Contributions10/11 | €7,445 | €7,445 | €7,445 | €7,445 | €7,445 | €7,445 | €7,445 | €7,445 | = |
| Reserves13 | €347 | €347 | €6,122 | €6,122 | €79,743 | €135,122 | €227,248 | €227,248 | = |
| Non-distributable reserves130/1 | - | - | - | €347 | €347 | €347 | €347 | €347 | = |
| Reserves not available under the articles1311 | - | - | - | €347 | €347 | €347 | €347 | €347 | = |
| Distributable reserves133 | - | - | - | €5,775 | €79,396 | €134,776 | €226,902 | €226,902 | = |
| Profit (loss) carried forward14 | €7,504 | -€4,231 | - | €1,978 | €1,978 | €1,978 | €1,978 | €140,981 | ▲ 71× |
| Amounts payable17/49 | €30,819 | €37,333 | €23,246 | €107,805 | €37,355 | €24,570 | €186,811 | €46,084 | ▼ 75.3% |
| Amounts payable after more than one year17 | €15,724 | €9,695 | €3,593 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €15,095 | €27,638 | €19,232 | €107,385 | €36,935 | €24,570 | €186,811 | €46,084 | ▼ 75.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,593 | - | - | - | - | - |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €3,648 | €2,626 | €478 | €198 | €13,796 | €12,247 | €154,963 | €4,549 | ▼ 97.1% |
| Suppliers440/4 | - | - | - | €198 | €13,796 | €12,247 | €154,963 | €4,549 | ▼ 97.1% |
| Taxes, remuneration and social security45 | - | - | - | €25,775 | €22,645 | €11,238 | €30,989 | €40,631 | ▲ 31.1% |
| Taxes450/3 | - | - | - | €19,007 | €15,780 | €5,538 | €24,740 | €31,298 | ▲ 26.5% |
| Remuneration and social security454/9 | - | - | - | €6,768 | €6,865 | €5,700 | €6,249 | €9,333 | ▲ 49.3% |
| Other amounts payable47/48 | - | - | - | €77,818 | €494 | €1,085 | €859 | €904 | ▲ 5.2% |
| Accrued charges and deferred income492/3 | - | - | - | €420 | €420 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€220 | -€11,734 | €11,406 | €79,228 | €73,621 | €55,380 | €92,126 | €139,003 | ▲ 50.9% |
| + Depreciation and write-downs630 | €15,146 | €14,678 | €14,678 | €7,042 | €7,644 | €1,808 | €21,863 | €61,808 | ▲ 183% |
| Operating cash flow (approximation) | €14,926 | €2,944 | €26,084 | €86,271 | €81,265 | €57,188 | €113,989 | €200,811 | ▲ 76.2% |
| Investment in fixed assets (approximation) | - | -€12,000 | €0 | -€2,948 | -€6,092 | €0 | -€300,000 | €0 | - |
| Change in cash | - | -€2,974 | €6,667 | €88,300 | €416 | €30,260 | -€28,788 | €64,868 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00267945 |
| 31-12-2024 | unclassified schema | 23-09-2025 | 2025-00498691 |
| 31-12-2023 | unclassified schema | 07-10-2024 | 2024-00496703 |
| 31-12-2022 | unclassified schema | 28-09-2023 | 2023-00457474 |
| 31-12-2021 | unclassified schema | 16-10-2022 | 2022-20461849 |
| 31-12-2020 | abbreviated format | 21-08-2021 | 2021-51000230 |
| 31-12-2019 | abbreviated format | 24-08-2020 | 2020-43300520 |
| 31-12-2018 | abbreviated format | 31-08-2019 | 2019-58000330 |
| 31-12-2017 | full format | 27-08-2018 | 2018-49600437 |
| 31-12-2016 | full format | 07-08-2017 | 2017-41100285 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.