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CONSULT Consultancy

Open bankruptcy
Private limited company (pre-2019)founded 1990Dokter Maurice Timmermanslaan 2, 2170 Antwerpen, BelgiumKBO/BCE: BE 0442.325.146

A bankruptcy procedure is open for CONSULT Consultancy according to publications in the Belgian State Gazette; curator: LIESBETH VERSTREKEN.

Summary

The 2021 annual accounts show equity of €190,967 and a net result of €30,574.

CONSULT ConsultancyOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
14 September 2023
Supervising judge
Ellen Lemahieu
Official Gazette
21-09-2023 (pdf) ↗search the document for 2023/134470

Deadlines

Provisional date payments stopped
14 September 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 6 October 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 14 October 2023art. XX.104 and XX.155 CEL
First verification report
passed on 10 November 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 14 September 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Liesbeth VerstrekenGrote Steenweg 417, 2600 Berchem (Antwerpen)liesbeth.verstreken@solvarte.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 29-04-2022, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
1 d early
2020
46 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CONSULT Consultancy was incorporated on 29 November 1990.1 Total assets fell from EUR 694,477 in 2018 to EUR 396,045 in 2021 and headcount from 5.3 to 2 full-time equivalents.2 On 14 September 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 21-09-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
€190,967▲ 19.1%
2020 · €160,393
Total assets
€396,045▲ 24.2%
2020 · €318,910
Net result
€30,574
2020 · -€172,768
Working capital
€144,613▲ 28.6%
2020 · €112,435
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line2018201920202021
Operating result€17,407-€16,862▼ 3.1%-€155,166-€22,975▲ 85.2%
Net result€3,128-€529▼ 83.1%-€172,768below the sector's middle half€30,574within the sector's middle half
Equity€332,632-€333,161▲ 0.2%€160,393within the sector's middle half▼ 51.9%€190,967within the sector's middle half▲ 19.1%
Total assets€694,477-€656,484▼ 5.5%€318,910below the sector's middle half▼ 51.4%€396,045below the sector's middle half▲ 24.2%
Debt€361,845-€323,323▼ 10.6%€158,518▼ 51.0%€205,079▲ 29.4%
Working capital€290,355-€290,599▲ 0.1%€112,435within the sector's middle half▼ 61.3%€144,613within the sector's middle half▲ 28.6%
Solvency47.9%-50.7%▲ 2.9pp50.3%within the sector's middle half▼ 0.5pp48.2%within the sector's middle half▼ 2.1pp
Current ratio1.80-1.90▲ 0.101.71within the sector's middle half▼ 0.191.71within the sector's middle half=
Return on assets (ROA)0.5%-0.1%▼ 0.4pp-54.2%below the sector's middle half▼ 54.3pp7.7%within the sector's middle half▲ 61.9pp
Staff (FTE)5.3-3.9▼ 26.4%2.3within the sector's middle half▼ 41.0%2within the sector's middle half▼ 13.0%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0Operating result 2018: €17,407€17,407Net result 2018: €3,128€3,128Operating result 2019: €16,862€16,862Net result 2019: €529€529Operating result 2020: -€155,166-€155,166Net result 2020: -€172,768-€172,768Operating result 2021: -€22,975-€22,975Net result 2021: €30,574€30,5742018201920202021-€200,000-€100,000€0Operating result 2019: €16,862€16,900Net result 2019: €529€529Operating result 2020: -€155,166-€155,000Net result 2020: -€172,768-€173,000Operating result 2021: -€22,975-€23,000Net result 2021: €30,574€30,600201920202021
The operating result stays negative: a loss of €22,975 in 2021 against €155,166 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €396,045
Fixed assets €46,354 ▼ 3.3%
Current assets €349,691 ▲ 29.1%
Equity and liabilities €396,045
Equity €190,967 ▲ 19.1%
Debt €205,079 ▲ 29.4%
Debt's share of the balance-sheet total rises from 49.7% to 51.8%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€21,371▲
2020 · -€153,562
Cash flow
€32,178▲
2020 · -€171,164
Quick ratio
1.01▼
2020 · 1.07
Debt to equity
1.07
ROE
16.0%▲
2020 · -107.7%
Interest coverage
-3.49
Debt ≤ 1 year
€205,079▲
2020 · €158,518
Income taxes
€126▼
2020 · €178
Staff costs
€76,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 45 lines
Balance sheet Code20202021
Assets
Total assets20/58€318,910€396,045▲
Fixed assets21/28€47,958€46,354▼
Tangible fixed assets22/27€6,008€4,404▼
Plant, machinery and equipment23-€4,200
Furniture and vehicles24-€204
Financial fixed assets28€41,950€41,950=
Current assets29/58€270,952€349,691▲
Stocks and contracts in progress3€101,005€143,294▲
Stocks30/36-€143,294
Amounts receivable within one year40/41€167,966€203,966▲
Trade receivables40-€117,191
Other amounts receivable41-€86,775
Cash at bank and in hand54/58€1,982€2,431▲
Equity and liabilities
Total equity and liabilities10/49€318,910€396,045▲
Equity10/15€160,393€190,967▲
Contributions10/11-€173,525
Reserves13€159,635€159,635=
Non-distributable reserves130/1-€17,353
Reserves not available under the articles1311-€17,353
Distributable reserves133-€142,283
Profit (loss) carried forward14-€172,768-€142,194▲
Amounts payable17/49€158,518€205,079▲
Amounts payable within one year42/48€158,518€205,079▲
Trade debts44€37,335€158,378▲
Suppliers440/4-€158,378
Taxes, remuneration and social security45-€31,477
Taxes450/3-€10,789
Remuneration and social security454/9-€20,688
Other amounts payable47/48-€15,224
Income statement Code20202021
Remuneration, social security and pensions62-€76,944
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,604€1,604=
Other operating charges640/8-€611
Gross operating margin9900€149,918€56,184▼
Operating profit (loss)9901-€155,166-€22,975▲
Financial income75/76B-€59,800
Recurring financial income75€8,064€59,800▲
Financial charges65/66B-€6,126
Recurring financial charges65€25,487€6,126▼
Profit (loss) for the period before taxes9903-€172,589€30,700▲
Income taxes67/77€178€126▼
Profit (loss) for the period9904-€172,768€30,574▲
Profit (loss) for the period to be appropriated9905-€172,768€30,574▲
Appropriation of the result
Profit (loss) to be appropriated9906--€142,194
Profit (loss) brought forward from the previous period14P--€172,768
Social balance
Average headcount (FTE)9087-2.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€76,944-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204€204€1,604€1,604=
Other operating charges640/8---€611-
Gross operating margin9900€303,497€289,865€149,918€56,184▼ 62.5%
Operating profit (loss)9901€17,407€16,862-€155,166-€22,975▲ 85.2%
Financial income75/76B---€59,800-
Recurring financial income75€8,153€11,408€8,064€59,800▲ 642%
Financial charges65/66B---€6,126-
Recurring financial charges65€17,387€24,315€25,487€6,126▼ 76.0%
Profit (loss) for the period before taxes9903€8,173€3,955-€172,589€30,700▲ 118%
Income taxes67/77€5,045€3,426€178€126▼ 29.6%
Profit (loss) for the period9904€3,128€529-€172,768€30,574▲ 118%
Profit (loss) for the period to be appropriated9905€3,128€529-€172,768€30,574▲ 118%
Line2018201920202021Change
Assets
Total assets20/58€694,477€656,484€318,910€396,045▲ 24.2%
Fixed assets21/28€42,766€42,562€47,958€46,354▼ 3.3%
Tangible fixed assets22/27€816€612€6,008€4,404▼ 26.7%
Plant, machinery and equipment23---€4,200-
Furniture and vehicles24---€204-
Financial fixed assets28€41,950€41,950€41,950€41,950=
Current assets29/58€651,711€613,922€270,952€349,691▲ 29.1%
Stocks and contracts in progress3€103,305€100,164€101,005€143,294▲ 41.9%
Stocks30/36---€143,294-
Amounts receivable within one year40/41€548,383€398,728€167,966€203,966▲ 21.4%
Trade receivables40---€117,191-
Other amounts receivable41---€86,775-
Cash at bank and in hand54/58€23€115,031€1,982€2,431▲ 22.7%
Equity and liabilities
Total equity and liabilities10/49€694,477€656,484€318,910€396,045▲ 24.2%
Equity10/15€332,632€333,161€160,393€190,967▲ 19.1%
Contributions10/11€173,525€173,525-€173,525-
Reserves13€159,106€159,635€159,635€159,635=
Non-distributable reserves130/1---€17,353-
Reserves not available under the articles1311---€17,353-
Distributable reserves133---€142,283-
Profit (loss) carried forward14---€172,768-€142,194▲ 17.7%
Amounts payable17/49€361,845€323,323€158,518€205,079▲ 29.4%
Amounts payable within one year42/48€361,356€323,323€158,518€205,079▲ 29.4%
Trade debts44€37,134€39,837€37,335€158,378▲ 324%
Suppliers440/4---€158,378-
Taxes, remuneration and social security45---€31,477-
Taxes450/3---€10,789-
Remuneration and social security454/9---€20,688-
Other amounts payable47/48---€15,224-
Line2018201920202021Change
Profit (loss) for the period9904€3,128€529-€172,768€30,574▲ 118%
+ Depreciation and write-downs630€204€204€1,604€1,604=
Operating cash flow (approximation)€3,332€733-€171,164€32,178▲ 119%
Investment in fixed assets (approximation)-€0-€7,000€0▲ 100%
Change in cash-€115,008-€113,049€450▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
21-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-09-2023
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Back to profitnet €30,574
Net result €30,574 after one loss-making year.
15-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Weakest financial yearnet -€172,768
Net result drops to -€172,768, the lowest in the series.
25-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 150 days late
2014
22-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 83 days late
2013
01-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
482 m²
Building footprint
306 m²
Volume, LiDAR
2,914 m³
Parcel 11422C0207/00P021, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
CONSULT CONSULTANCY BVBA
Dokter Maurice Timmermanslaan 2, 2170 AntwerpenNACE 3002001
since 19902.050.755.093
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0207/00P021 Flanders 482 m² 1 · 306 m² 14.8 m · 4 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LIESBETH VERSTREKEN
GROTE STEENWEG 417, 2600 BERCHEM (ANTWERPEN)
14-09-2023 → present

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2021 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2021 of CONSULT Consultancy and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,120 companies in sector 46500 we hold annual accounts for 1,408. 1,084 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 (pre-2019)
Founded29-11-1990
Fiscal year end30-09
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.