Equity
COUNTABLE has made a profit in every financial year since 2018.
COUNTABLE has made a profit in every financial year since 2018.
The accounts state no turnover.
€779,333 of the debts are secured on the company's own assets. In 2022 that was €1.1m.
In 2025, 4 people joined and 2 left.
The 2019 accounts came 1 day late. The other seven were filed on time.
Higher gross margin than 82% of companies in legal and accounting. Sector median €311,536 · 4,129 companies.
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 27% of them on solvency, 16% on liquidity, 43% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,684 companies had the same profile as COUNTABLE has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COUNTABLE itself is lower: 0.2% within 12 months. It rests on far more data about COUNTABLE than the profile alone.
The method was tested on the 497,447 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 2,684 companies, not a prediction for COUNTABLE. 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.
Liquidity is insufficient, with a current ratio of 0.76 (0.67 in 2024), below 1. Short-term debt is 31.9% and cash 1.5% of total assets. 80.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| COUNTABLE Lokeren | €1.9m | €1.1m | 19.7% | 10.3 |
| CERTIFISC Oudenaarde | €2.3m | €1.0m | 9.3% | 9.4 |
| Eeco Twins Accounting Denderleeuw | €1.6m | €1.3m | 27.2% | 13.8 |
| Factum Fiscalis Kapellen | €1.5m | €1.1m | 65.7% | 9.6 |
| INVIDIA ACCOUNTANCY AND TAX SERVICES Brussels | €1.8m | €0.8m | 16.6% | 9.8 |
| FIDUCIAIRE JORIS & ASSOCIES Somme-Leuze | €1.5m | €1.1m | 56.1% | 12.1 |
| KANTOOR CÉLINE MANFRONELLI Ingelmunster | €2.2m | €0.9m | 19.5% | 9.8 |
These companies have the same main activity as COUNTABLE: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.5m and €2.3m, founded between 2015 and 2020.
COUNTABLE files the abbreviated format. That format states no turnover. The gross margin rose from €317,318 in 2018 to €1.1m in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.8m. Estimated: probably between €1.2m and €3.0m.
Higher than 29% of 4,137 companies in 2025.
Higher than 12% of 4,073 companies in 2025.
Higher than 34% of 4,108 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 2 left. Training hours in 2025: 179.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.9m | 1.9m | 1.5m | 1.6m | 1.6m | 1.4m | 794,835 | 1.0m | |
20 |
- | 0 | - | - | - | - | - | - | |
21/28 |
1.5m | 1.6m | 1.2m | 1.4m | 1.4m | 1.3m | 649,418 | 751,212 | |
21 |
36,289 | 44,391 | 83,482 | 212,205 | 345,392 | 466,341 | 587,786 | 703,865 | |
22/27 |
1.4m | 1.5m | 1.2m | 1.2m | 1.1m | 809,702 | 58,209 | 43,924 | |
22 |
1.0m | 1.1m | 1.0m | 1.1m | 942,387 | 659,977 | - | - | |
23 |
9,328 | 9,505 | 10,006 | 7,416 | 3,750 | 1,701 | 669 | 921 | |
24 |
42,191 | 49,189 | 47,759 | 60,849 | 50,202 | 49,738 | 37,434 | 17,658 | |
25 |
315,119 | 333,674 | 74,757 | 110,552 | - | - | - | - | |
26 |
19,323 | 19,360 | 267 | 6,304 | 7,784 | 9,264 | 9,556 | 10,806 | |
28 |
38 | 38 | 38 | 38 | 38 | 3,448 | 3,423 | 3,423 | |
29/58 |
465,402 | 337,497 | 216,499 | 192,624 | 148,624 | 143,365 | 145,417 | 274,326 | |
40/41 |
366,402 | 274,139 | 159,288 | 162,507 | 122,910 | 120,230 | 124,564 | 107,740 | |
40 |
270,335 | 267,701 | 159,288 | 162,507 | 122,910 | 118,805 | 119,926 | 107,740 | |
41 |
96,068 | 6,438 | - | - | - | 1,425 | 4,638 | - | |
54/58 |
28,742 | 28,331 | 37,037 | 12,552 | 12,067 | 14,857 | 14,627 | 162,658 | |
490/1 |
70,258 | 35,028 | 20,174 | 17,565 | 13,647 | 8,279 | 6,226 | 3,928 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.9m | 1.9m | 1.5m | 1.6m | 1.6m | 1.4m | 794,835 | 1.0m | |
10/15 |
378,745 | 345,614 | 266,356 | 180,853 | 93,045 | 38,419 | 24,982 | 16,615 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | |
13 |
360,145 | 327,014 | 247,756 | 162,253 | 74,445 | 19,819 | 12,582 | 4,215 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
132 |
63,150 | 36,047 | - | - | - | - | - | - | |
133 |
296,995 | 290,967 | 247,756 | 160,393 | 72,585 | 17,959 | 10,722 | 2,355 | |
17/49 |
1.5m | 1.5m | 1.2m | 1.5m | 1.5m | 1.4m | 769,853 | 1.0m | |
17 |
932,677 | 1.0m | 723,666 | 845,237 | 951,581 | 972,010 | 414,892 | 434,213 | |
170/4 |
932,677 | 1.0m | 722,991 | 845,237 | 951,581 | 972,010 | 414,892 | 434,213 | |
178/9 |
- | - | 675 | - | - | - | - | - | |
42/48 |
614,207 | 503,284 | 472,653 | 613,934 | 541,542 | 412,427 | 353,844 | 574,710 | |
42 |
172,818 | 155,008 | 167,178 | 201,815 | 187,392 | 166,671 | 111,338 | 92,036 | |
43 |
167,576 | 156,528 | 154,565 | 134,373 | 172,822 | 110,000 | 125,000 | 225,000 | |
430/8 |
167,576 | 156,528 | 154,565 | 134,373 | 172,822 | 110,000 | 125,000 | 125,000 | |
439 |
- | - | - | - | - | - | - | 100,000 | |
44 |
123,224 | 77,957 | 58,598 | 97,235 | 43,872 | 21,384 | 50,723 | 162,692 | |
440/4 |
123,224 | 77,957 | 58,598 | 97,235 | 43,872 | 21,384 | 50,723 | 162,692 | |
45 |
130,368 | 98,527 | 56,270 | 65,072 | 57,806 | 33,101 | 11,276 | 19,554 | |
450/3 |
68,866 | 55,401 | 19,278 | 34,060 | 29,799 | 15,791 | 1,437 | 9,934 | |
454/9 |
61,501 | 43,126 | 36,992 | 31,012 | 28,006 | 17,310 | 9,839 | 9,620 | |
47/48 |
20,221 | 15,265 | 36,042 | 115,440 | 79,650 | 81,270 | 55,506 | 75,429 | |
492/3 |
- | - | - | - | - | - | 1,118 | - | |
| Income statement | |||||||||
9900 |
1.1m | 898,695 | 746,019 | 644,135 | 537,995 | 346,595 | 299,339 | 317,318 | |
62 |
624,572 | 525,508 | 375,495 | 286,514 | 244,032 | 159,921 | 88,371 | 101,885 | |
630 |
193,282 | 226,465 | 233,006 | 220,900 | 202,960 | 154,055 | 148,786 | 189,581 | |
631/4 |
18,026 | - | - | - | - | -34,997 | 39,038 | - | |
640/8 |
15,473 | 15,100 | 8,044 | 7,593 | 8,100 | 39,482 | 1,466 | 3,144 | |
66A |
- | 211 | - | 1,756 | 3,865 | - | - | - | |
9901 |
202,273 | 131,411 | 129,474 | 127,372 | 79,037 | 28,134 | 21,679 | 22,708 | |
75/76B |
3,267 | 20,742 | 18,004 | 4 | 235 | 898 | 21 | 20 | |
75 |
3,267 | 25 | 971 | 4 | 235 | 898 | 21 | 20 | |
76B |
- | 20,717 | 17,034 | - | - | - | - | - | |
65/66B |
40,648 | 42,853 | 27,161 | 22,965 | 23,955 | 15,494 | 11,691 | 14,480 | |
65 |
40,648 | 42,853 | 27,161 | 22,965 | 23,955 | 15,494 | 11,691 | 14,480 | |
9903 |
164,892 | 109,299 | 120,318 | 104,412 | 55,317 | 13,537 | 10,008 | 8,248 | |
67/77 |
46,036 | 30,041 | 34,815 | 16,604 | 691 | 4,800 | 1,141 | 3,033 | |
9904 |
118,856 | 79,258 | 85,503 | 87,808 | 54,626 | 8,737 | 8,867 | 5,215 | |
689 |
27,103 | 36,047 | - | - | - | - | - | - | |
9905 |
91,753 | 43,211 | 85,503 | 87,808 | 54,626 | 8,737 | 8,867 | 5,215 | |
| Appropriation of the result | |||||||||
9906 |
91,753 | 43,211 | 85,503 | 87,808 | 54,626 | 8,737 | 8,867 | 5,215 | |
691/2 |
6,028 | 43,211 | 85,503 | 87,808 | 54,626 | 7,237 | 8,367 | 4,215 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
6,028 | 43,211 | 85,503 | 87,808 | 54,626 | 7,237 | 8,367 | 2,355 | |
694/7 |
85,725 | - | - | - | - | 1,500 | 500 | 1,000 | |
694 |
70,000 | - | - | - | - | - | - | - | |
696 |
15,725 | - | - | - | - | 1,500 | 500 | 1,000 | |
| Social balance sheet | |||||||||
9087 |
10.3 | 8.5 | 6.8 | 5.3 | 4.7 | 3.3 | 1.9 | 2 | |
Hours worked1013 |
17,608 | 14,985 | 11,460 | 9,002 | 8,059 | 5,559 | 3,448 | 3,528 | |
| Document | |||||||||
The notes to these accounts have 25 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 20-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 20-07-2026 | 2026-00315090 | |
| 31-12-2024 | abbreviated format | 28-06-2025 | 2025-00191784 | |
| 31-12-2023 | abbreviated format | 22-05-2024 | 2024-00093257 | |
| 31-12-2022 | abbreviated format | 09-06-2023 | 2023-00120310 | |
| 31-12-2021 | abbreviated format | 22-02-2022 | 2022-06100199 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-26500261 | |
| 31-12-2019 | micro format | 01-08-2020 | 2020-38300587 | |
| 31-12-2018 | abbreviated format | 18-05-2019 | 2019-13500275 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,228 | €2,188 |
| 2024 | 2 | €11,053 | €11,012 |
| 2023 | 1 | €987 | €987 |
| 2022 | 1 | €619 | €619 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 395,555 | 357,876 | 362,480 | 348,272 | 281,997 | 182,189 | 170,464 | 212,289 | ||
| 312,138 | 305,723 | 318,509 | 308,708 | 257,586 | 162,792 | 157,653 | 194,796 | ||
| 98,072 | 610,485 | 39,635 | 232,512 | 368,230 | 784,127 | 46,992 | 939,805 | ||
| 411 | -8,707 | 24,485 | 485 | -2,790 | 230 | -148,031 | - | ||
| -148,805 | -165,787 | -256,153 | -421,310 | -392,918 | -269,062 | -208,427 | -300,385 | ||
| 19.7% | 18.3% | 18.2% | 11.0% | 5.9% | 2.7% | 3.1% | 1.6% | ||
| 0.76 | 0.67 | 0.46 | 0.31 | 0.27 | 0.35 | 0.41 | 0.48 | ||
| 4.08 | 4.48 | 4.49 | 8.07 | 16.05 | 36.04 | 30.82 | 60.72 | ||
| 31.4% | 22.9% | 32.1% | 48.6% | 58.7% | 22.7% | 35.5% | 31.4% | ||
| 6.2% | 4.2% | 5.8% | 5.4% | 3.4% | 0.6% | 1.1% | 0.5% | ||
| 9.73 | 8.35 | 13.35 | 15.17 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 12 | 10 | 8 | 8 |
| full-time | 6 | 5 | 4 | 3 |
| part-time | 6 | 5 | 4 | 5 |
| in full-time equivalents | 10.5 | 8.7 | 6.9 | 6.7 |
| 10 | 8.5 | 6.8 | 5.3 | |
| On a permanent contract | 12 | 10 | 8 | 8 |
| Joined | 4 | 6 | 1 | 2 |
| Left | 2 | 4 | 1 | 1 |
| Training hours | 179 | 387 | 120 | 70 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €779,333 | €790,850 | €710,402 | €1.1m |
| Mortgages, amount registered | €88,000 | €88,000 | €88,000 | €825,000 |
| €737,000 | €737,000 | €737,000 | - | |
| Carrying value of the mortgaged assets | €1.0m | €1.1m | €1.0m | €1.1m |
| €562,000 | €562,000 | €562,000 | €462,000 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €90,121 | €561,254 | €39,635 | €232,512 |
| Intangible fixed assets | €7,951 | €49,231 | - | - |
| €193,282 | €226,465 | €233,006 | €220,900 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 54% higher than in 2024 and the highest since 2018. It is the sixth rise in a row, after the fall in 2019.
Debt's share of the balance-sheet total falls from 81.7% to 80.3%. Equity is higher.
COUNTABLE has no parent and no holdings in its annual accounts. Manuella De Mol is the only director. COUNTABLE shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Singeldreef 44 registered office 9160 Lokeren | ||
| Heirweg 53 9270 Laarne | 24-08-2017 | 2.267.265.924 |
| Kwadestraat 141 8800 Roeselare | 01-11-2026 | 2.396.340.854 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42009E0580/00P000 | 4,403 m² | 1 · 363 m² | 9.0 m · 2 |
| 46383D2480/00Y003 | 1,631 m² | 1 · 363 m² | 7.9 m · 1 |
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