CONSULTLY
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 15% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €40,829 | €16,673 | €14,008 |
| Financial fixed assets | €18 | - | - |
| Depreciation and write-downs of the year | €3,240 | €9,209 | €5,097 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,240 | €9,209 | €5,097 | ▼ 44.7% |
| Other operating charges640/8 | €1,190 | €2,650 | €1,005 | ▼ 62.1% |
| Non-recurring operating charges66A | - | - | €6,092 | - |
| Gross operating margin9900 | €52,337 | €63,454 | €71,457 | ▲ 12.6% |
| Operating profit (loss)9901 | €47,907 | €51,594 | €59,262 | ▲ 14.9% |
| Financial income75/76B | €1 | €28 | €0 | ▼ 99.4% |
| Recurring financial income75 | €1 | €28 | €0 | ▼ 99.4% |
| Financial charges65/66B | €810 | €1,957 | €3,241 | ▲ 65.6% |
| Recurring financial charges65 | €810 | €1,957 | €3,241 | ▲ 65.6% |
| Profit (loss) for the period before taxes9903 | €47,098 | €49,665 | €56,021 | ▲ 12.8% |
| Income taxes67/77 | €10,000 | €10,000 | €12,520 | ▲ 25.2% |
| Profit (loss) for the period9904 | €37,098 | €39,665 | €43,502 | ▲ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €37,098 | €39,665 | €43,502 | ▲ 9.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €88,458 | €138,494 | €249,396 | ▲ 80.1% |
| Fixed assets21/28 | €37,606 | €45,070 | €27,228 | ▼ 39.6% |
| Tangible fixed assets22/27 | €37,588 | €45,052 | €27,210 | ▼ 39.6% |
| Furniture and vehicles24 | €37,588 | €45,052 | €27,210 | ▼ 39.6% |
| Financial fixed assets28 | €18 | €18 | €18 | = |
| Current assets29/58 | €50,852 | €93,425 | €222,168 | ▲ 138% |
| Amounts receivable after more than one year29 | - | €20,000 | €115,000 | ▲ 475% |
| Other amounts receivable291 | - | €20,000 | €115,000 | ▲ 475% |
| Amounts receivable within one year40/41 | €12,711 | €27,279 | €67,287 | ▲ 147% |
| Other amounts receivable41 | €12,711 | €27,279 | €67,287 | ▲ 147% |
| Cash at bank and in hand54/58 | €36,554 | €43,427 | €30,415 | ▼ 30.0% |
| Deferred charges and accrued income490/1 | €1,588 | €2,718 | €9,467 | ▲ 248% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €88,458 | €138,494 | €249,396 | ▲ 80.1% |
| Equity10/15 | €40,098 | €79,764 | €123,265 | ▲ 54.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €37,098 | €76,764 | €120,265 | ▲ 56.7% |
| Amounts payable17/49 | €48,360 | €58,731 | €126,131 | ▲ 115% |
| Amounts payable after more than one year17 | €18,157 | €6,892 | €69,950 | ▲ 915% |
| Financial debts170/4 | €18,157 | €6,892 | €69,950 | ▲ 915% |
| Amounts payable within one year42/48 | €30,203 | €51,839 | €56,180 | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | €10,608 | €11,266 | €26,037 | ▲ 131% |
| Trade debts44 | €4,089 | €11,123 | €454 | ▼ 95.9% |
| Suppliers440/4 | €4,089 | €11,123 | €454 | ▼ 95.9% |
| Taxes, remuneration and social security45 | €15,506 | €29,451 | €29,689 | ▲ 0.8% |
| Taxes450/3 | €15,506 | €27,451 | €27,689 | ▲ 0.9% |
| Remuneration and social security454/9 | - | €2,000 | €2,000 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,098 | €39,665 | €43,502 | ▲ 9.7% |
| + Depreciation and write-downs630 | €3,240 | €9,209 | €5,097 | ▼ 44.7% |
| Operating cash flow (approximation) | €40,339 | €48,875 | €48,599 | ▼ 0.6% |
| Investment in fixed assets (approximation) | - | -€16,673 | €12,745 | - |
| Change in cash | - | €6,874 | -€13,013 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as CONSULTLY has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONSULTLY itself: 0.4% 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.
| 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 CONSULTLY. 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.