Skip to content

COUNTDOWN

Active Private limited companyfounded 1994active for 32 yearsNevelse Warande 29, 9830 Sint-Martens-LatemKBO/BCE: BE 0452.977.825
COUNTDOWN
Follow ReportCompare

Overview

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1995
peak €12.9m (2018)
€9,745▼ 69.2%
lowest -€3.5m (2019)
-€330,479▼ €83,268
peak €7.9m (2018)
€3.6m▼ 8.3%
€1.5m▲ 72.4%
peak 0 FTE (2016)
0 FTE 
Board2 names since 2003
1 directorStephan Temmerman
Documentsfilings and deeds
05-05-20265 days late
2025abbreviated format
Gross margin from €31,595 to €9,745Loss of €330,479Debts from €857,715 to €1.5mCash from €258,831 to €65,891

Key points

from the 2025 annual accounts

Equity

€3.6m from €7.9m in 2018

Equity fell by 54% in 7 years.

Losses

-€3.2m in five years
-1.72021-0.82022-0.22023-0.22024-0.32025

Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.

Turnover

≈ €38,000 estimated

The abbreviated format states no turnover.

Debts

€1.5m ▲ 72.4%
Other debts
+0.7
Financial debts
+0.02
The rest
-0.08

Debts rose by €620,692 in 2025.

Filings

30 annual accounts since 1995
deadline200020102020

Eight of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Position in the sector

-€330,479

Lower net result than 95% of companies in head offices and management consultancy. Sector median €37,527 · 10,855 companies.

Checked score

87
Excellent
Financially stronger than 28% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

96-4equity 71.2% of total assets
40-12short-term debt 28.8% · cash 1.3%
11-2return on assets -6.4%

Score breakdown

raises risk
Liquidity: current ratio 1.65, cash €65,891, halved
Last filed accounts filed 5 days late; 1 of the last 3 accounts late
Loss of €330,479, the second in a row (financial year 2025)
lowers risk
Size: total assets €5.1m
Calculation

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 70, small). It does better than 67% of them on solvency, 25% on liquidity, 3% on profitability and 16% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.

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).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as COUNTDOWN has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of COUNTDOWN itself: 0.2% within 12 months.

Test of the method

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.

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 8,617 companies, not a prediction for COUNTDOWN. 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.

Credit verdict

Credit of up to €310,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.65 (2.35 in 2024), above the usual 1.5. Short-term debt is 28.8% and cash 1.3% of total assets. 28.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.65, cash €65,891, halved
NBB · annual accounts
lowers risk · Size: total assets €5.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 5 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €330,479, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€330,479
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
on the day
2023
31 days late
2022
2 days late
2021
30 days late
2020
31 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 5 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452977825
Change of role: Stephan Temmerman, from statutory manager to director Appointment: WELLEMAN Lutgarde (successor statutory director) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 21-12-2023 · Gazette deed
First establishment Nevelse Warande 29, Sint-Martens-Latem
Incorporation published on 19-07-1994 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
COUNTDOWN Sint-Martens-Latem €5.1m €9,745 71.2% 0
ERASMUS-CAPITAL Oudenaarde €3.9m €8,309 94.0% 0
ON BOARD Temse €5.6m €12,283 86.2% 1
ARIJS HOLDING Denderleeuw €2.6m €6,143 94.6% 0
Mercken Management Hasselt €4.1m €10,603 75.2% 0
ELIE BRUYNINCKX CONSULTING Meise €6.6m €11,138 86.0% 0
Coordinatie Buro - Techniek Ypres €4.6m €15,753 94.5% 0

These companies have the same main activity as COUNTDOWN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.6m and €6.6m, founded between 1983 and 2005.

Official details

Source: KBO
Status
Active since 29-06-1994Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.067.602.9069830 Sint-Martens-Latem, since 13-07-1994
Financial year end
30 September
Peppol
Reachable since 09-12-2025
Company details

Annual accounts to 30-09-2025

€9,745▼ 69.2%
€330,479▲ 33.7%
€3.6m▼ 8.3%
€5.1m▲ 6.0%
Filing
Filed on 05-05-2026
Financials

Insights on COUNTDOWN

COUNTDOWN files the abbreviated format. That format states no turnover. The gross margin fell from €326,260 in 2007 to €9,745 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 05-05-2026, 5 days late
€9,745
▼ 69.2%
-€117,684
▼ €61,757
-€50,729
▼ €64,652
-€263,524
▼ €86,164
71.2%
▼ 11.1 percentage points
1.65
▼ 0.71

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

Turnover ≈ €38,000. Estimated: probably between €17,000 and €97,000.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €5.1m on 30-09-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

71.2%

Higher than 68% of 10,855 companies in 2025.

1.65

Higher than 53% of 10,477 companies in 2025.

-6.4%

Higher than 9% of 10,724 companies in 2025.

COUNTDOWN Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 5.1m4.8m5.3m5.6m6.6m7.9m10.8m15.0m11.4m12.1m11.4m11.7m12.0m10.7m10.8m10.8m9.1m9.4m9.3m
20 -----000000--------
21/28 2.7m2.9m3.5m3.6m4.1m5.3m7.3m8.7m10.1m10.6m10.7m10.7m10.8m9.5m9.4m9.2m8.2m8.6m8.6m
21 -----000000--------
22/27 1.6m1.7m2.2m2.3m2.8m4.7m4.8m6.2m5.8m5.9m5.7m5.7m6.8m5.4m5.2m4.1m3.0m3.3m2.5m
22 1.6m1.6m2.2m2.3m2.8m4.6m4.8m6.2m5.8m5.9m5.7m5.7m6.8m5.4m5.2m4.0m2.9m3.2m2.4m
23 1,9872,9813,9744,9675,9616,9547,9488,941000-3,6183,4242,5722,0754,2334,9152,643
24 -012,31013,85815,77112,81914,72916,63918,54820,45816,7683,7723,6677,2157,00512,39313,00024,64129,070
26 -----000000--------
27 -----000000--------
28 1.1m1.2m1.2m1.2m1.2m676,1482.4m2.4m4.3m4.7m5.0m5.0m4.0m4.1m4.2m5.1m5.2m5.3m6.1m
29/58 2.4m1.9m1.9m2.0m2.5m2.6m3.6m6.3m1.3m1.5m755,5191.0m1.2m1.2m1.4m1.6m927,736856,626685,269
29 500,000500,0001.0m1.0m-53,57152,07150,571-----------
290 -----000000--------
291 500,000500,0001.0m1.0m-53,57152,07150,571000--------
3 -----000000--------
30/36 -----000000--------
37 -----000000--------
40/41 365,394382,640320,514300,852773,058752,568661,490452,618374,403380,320258,978199,091130,61480,89539,626476,17910,61932,443103,315
40 93,89220,47015,61097,74697,788136,55889,70474,94473,684173,785137,886102,614-9,298--18--
41 271,502362,170304,904203,106675,270616,010571,786377,674300,719206,535121,09296,477130,61471,59739,626476,17910,60132,443103,315
50/53 1.4m752,391382,435518,2641.5m1.6m2.2m5.5m774,744922,353375,056458,944913,1091.0m1.1m1.0m820,432732,875520,874
54/58 65,891258,83180,314133,268279,320153,876636,191386,715145,430216,960121,485373,989111,245102,186300,431100,35992,64085,80753,768
490/1 53,80441,87327,54648,11512,5102,3242,0611,9511,12100-8131,800-1154,0455,5017,312
Balance sheet: equity and liabilities
10/49 5.1m4.8m5.3m5.6m6.6m7.9m10.8m15.0m11.4m12.1m11.4m11.7m12.0m10.7m10.8m10.8m9.1m9.4m9.3m
10/15 3.6m4.0m4.3m4.5m5.3m7.2m4.4m7.9m3.9m3.3m3.3m3.2m3.1m2.9m2.7m2.4m1.9m2.2m2.3m
10/11 18,55018,55018,55018,55018,55018,55018,55018,55018,550590,768590,768590,76821,07121,07121,07121,07121,07121,07121,071
100 ------30,61830,61830,618602,836602,836602,83633,46633,46633,46633,46633,46633,46633,466
101 ------12,06812,06812,06812,06812,06812,06812,39512,39512,39512,39512,39512,39512,395
11 ------00000--------
1100/10 ------00000--------
12 -----000000--------
13 3.6m4.0m4.3m4.5m5.3m7.2m4.3m7.0m3.0m3.1m3.2m3.2m3.1m2.9m2.7m2.4m1.9m2.2m2.3m
130/1 -03,2583,2583,2583,258-------------
130 ------3,2583,2583,2583,2583,2583,2583,3473,3473,3473,3473,3473,3463,347
1311 -03,2583,2583,2583,258-------------
1312 ------00000--------
1313 -----0-------------
1319 -----000000--------
132 ----878,915424,807440,536355,977370,325384,674399,022412,866177,211178,825182,054182,05448,429--
133 3.6m4.0m4.3m4.5m4.4m6.8m3.9m6.6m2.6m2.8m2.8m2.8m2.9m2.7m2.5m2.2m1.8m2.1m2.3m
14 000--00859,576859,576-391,507-434,393-543,435-------
15 -----000000--------
16 ----292,972178,441389,005390,898398,286405,674413,063420,191295,207296,039297,701282,946200,180162,221144,014
160/5 -----0203,958203,958203,958203,958203,958203,958203,958203,958203,958189,202175,242162,221144,014
160 -----0203,958203,958203,958203,958---------
161 -----00000---------
162 -----00000---------
163 -----00000---------
164/5 -----00000---------
168 ----292,972178,441185,048186,941194,329201,717209,105216,23491,25092,08193,74393,74424,938--
17/49 1.5m857,7151.0m1.0m1.0m470,4366.1m6.8m7.1m8.3m7.7m8.1m8.6m7.5m7.8m8.1m7.0m7.1m6.9m
17 030,668122,254212,884358,363156,097281,711462,052830,1731.1m1.4m1.7m1.8m1.7m2.0m2.0m1.2m1.3m1.1m
170/4 030,668122,254212,884358,363156,097281,711462,052830,1731.1m1.4m1.7m1.8m1.7m2.0m2.0m1.2m1.3m1.1m
175 -----000000--------
176 -----000000--------
178/9 -----000000--------
42/48 1.5m823,027896,556829,456635,065302,7855.8m6.3m6.3m7.2m6.3m6.4m6.7m5.8m5.8m6.1m5.8m5.8m5.8m
42 30,66891,58790,629145,479189,045125,614301,097368,252374,983382,522421,868418,7351.2m272,123273,009250,111184,975139,471122,112
43 650,000595,004675,000325,000-20035,000386,75368,54512,351-25,519---250,000250,020313,020409,992
430/8 650,000595,004675,000325,000-20035,000386,75368,54512,351025,519---250,000250,020313,020409,992
439 -----000000--------
44 21,53932,53616,23654,4533,2303,7964346,1223,74814,87948,921-6,34221,100155,74643,36320,70216,997-
440/4 21,53932,53616,23654,4533,2303,7964346,1223,74814,87948,921-6,34221,100155,74643,36320,70216,997-
441 -----000000--------
46 -----0000018,71515,880-------
45 2,4363,90114,691203,024321,7905,6195,0501,5962441,6428,7228,64520,157107,48648,19050,39310,55845,7288,473
450/3 2,4363,90114,691203,024318,9901,8191,2501,5962441,6428,7228,64520,157107,48648,19050,39310,55845,7288,473
454/9 ----2,8003,8003,8000000--------
47/48 773,140100,000100,000101,500121,000167,5575.5m5.5m5.8m6.8m5.8m5.9m5.5m5.4m5.4m5.5m5.3m5.3m5.3m
492/3 6254,021--28,42311,5547,081020,9733,20048-1,4157,959-13,8654,2466,2755,814
Income statement
70 --------000--------
76A 094,994017,056935,72401.9m12.9m1.8m231,918869,797645,840836,551601,8121.4m694,364208,206889,642259,624
9900 9,74531,595-41,271-14,411850,16625,0352.0m12.9m2.0m377,73252,146-82,355531,925476,280452,670434,434476,301351,882326,260
60/61 --------000--------
62 -----000000--------
630 66,95569,85185,90188,254121,924157,589157,537181,540151,071176,600157,240156,928332,595147,293289,882253,124139,798273,713147,009
631/4 -----000000--------
635/8 ------203,95800000---14,75613,96013,02218,2075,734
640/8 11,36817,67216,14313,737173,4349,55219,22617,41123,0775,8537,18014,65115,90013,36014,67332,82415,21620,38028,487
649 -----000000--------
66A 49,10601,000--04.4m5.7m1.1m341,7691.1m523,935868,606563,988745,942241,457502,715535,18190,045
9901 -117,684-55,928-144,315-116,402554,80861,852-2.6m7.0m740,817-146,489-112,274-253,935183,430315,627133,359134,525308,26539,582145,030
75/76B 618,860335,696198,340197,4175.0m6.6m47,067351,531760,148426,044908,799170,923630,249283,123243,882536,26526,617208,037193,401
75 618,860335,696198,340197,4175.0m6.6m47,067351,531760,148426,044908,799170,923630,249283,123243,882536,26526,617208,037193,401
76B -----00000---------
65/66B 831,655728,556218,6461.2m6.8m3.8m1.0m2.1m271,512173,948324,911199,510293,504330,772574,383310,204196,368429,087322,379
65 781,655728,556218,6461.2m6.8m3.8m1.0m2.1m271,512173,948324,911199,510293,504330,772574,383310,204196,368429,087322,379
66B 50,000----00000---------
9903 -330,479-448,787-164,620-1.1m-1.3m2.9m-3.5m5.3m1.2m105,607214,940-160,616488,120305,802414,944813,494-155,995172,993185,632
780 --0292,97289,583--------------
680 ----231,743--------------
67/77 0-201,57711,8901,175201,577000107-1,24286,87015,11277,98390,57633,036--17,0172,100
9904 -330,479-247,211-176,511-780,712-1.7m2.9m-3.5m5.3m1.2m114,237135,198-300,711410,968216,888381,908744,687-180,932155,976183,532
789 --0878,915268,75015,72944,54614,34814,34814,34813,84413,3101,6143,229-----
689 ----695,229000000256,033---133,62448,429--
9905 -330,479-247,211-176,51198,203-2.1m2.9m-3.5m5.3m1.3m128,585149,042-543,435412,582220,117381,908611,063-229,361155,976183,532
Appropriation of the result
9906 -330,479-247,211-176,51198,203-2.1m2.9m-2.6m6.2m859,576-305,808-394,393-543,435412,582220,117381,908611,063-229,361155,976183,532
791/2 330,479332,925205,082-2.2m02.7m1.3m111,9370080,000----299,362105,024316,468
691/2 --098,203-2.9m-5.2m----222,049164,822317,202361,063---
691 -----000000--------
6920 -----000000--------
6921 --098,203-2.9m05.2m000-222,049164,822317,202361,063---
694/7 085,71428,571-142,857-100,0001.4m111,93785,69940,00080,000190,53455,29464,706250,00070,001261,000500,000
694 085,71428,571-142,8570100,0001.4m111,93785,69940,00080,000190,53455,29464,706250,00070,001261,000500,000
695 -----000000--------
696 -----00000---------
Social balance sheet
9087 000--00000---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 05-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 5 days after the deadline. Filed on 5 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00105841.

Financial year Type Filed Reference Document
30-09-2025 abbreviated format 05-05-2026 2026-00105841 PDF
30-09-2024 abbreviated format 30-04-2025 2025-00086794 PDF
30-09-2023 abbreviated format 31-05-2024 2024-00111323 PDF
30-09-2022 abbreviated format 02-05-2023 2023-00077863 PDF
30-09-2021 abbreviated format 30-05-2022 2022-20040327 PDF
30-09-2020 abbreviated format 31-05-2021 2021-16300332 PDF
30-09-2019 abbreviated format 30-06-2020 2020-23200512 PDF
30-09-2018 abbreviated format 28-05-2019 2019-14700285 PDF
30-09-2017 abbreviated format 06-04-2018 2018-09200374 PDF
30-09-2016 abbreviated format 31-05-2017 2017-13900022 PDF
30-09-2015 abbreviated format 31-05-2016 2016-14100162 PDF
30-09-2014 abbreviated format 30-04-2015 2015-11200001 PDF
30-09-2013 abbreviated format 20-03-2014 2014-06800375 PDF
30-09-2012 abbreviated format 30-04-2013 2013-10800124 PDF
30-09-2011 abbreviated format 27-04-2012 2012-10000593 PDF
30-09-2010 abbreviated format 13-05-2011 2011-11400446 PDF
30-09-2009 abbreviated format 15-04-2010 2010-09300598 PDF
30-09-2008 abbreviated format 28-04-2009 2009-12800336 PDF
30-09-2007 abbreviated format 28-04-2008 2008-12600328 PDF
30-09-2006 abbreviated format 20-03-2007 2007-07801079 PDF
31-12-2004 abbreviated format 10-06-2005 2005-23702251 PDF
31-12-2003 abbreviated format 11-06-2004 2004-23101289 PDF
31-12-2002 abbreviated format 01-07-2003 2003-36601954 PDF
31-12-2001 abbreviated format 27-06-2002 2002-29202552 PDF
31-12-2000 abbreviated format 21-06-2001 2001-24802094 PDF
31-12-1999 abbreviated format 20-06-2000 2000-24800426 PDF
31-12-1998 abbreviated format 08-06-1999 1999-15604347 PDF
31-12-1997 abbreviated format 26-06-1998 1998-24100206 PDF
31-12-1996 abbreviated format 27-06-1997 1997-22402204 PDF
31-12-1995 abbreviated format 26-06-1996 1996-26200740 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
-50,72913,923-58,414-28,148676,732219,441-2.4m7.2m891,88830,11044,966-97,006516,025462,921423,241387,650448,063313,295292,039
-263,524-177,360-90,610-692,457-1.5m3.0m-3.4m5.5m1.4m290,837292,438-143,783743,563364,181671,790997,812-41,134429,689330,541
-139,00011,8901,41019,7481.6m8,60244,256652,72096,160366,22797,4471.2m1.7m341,0201.4m1.6m132,3241.1m193,092
-192,939178,517-52,954-146,052125,443-482,315249,476241,285-71,53095,475-252,504262,7449,059-198,245200,0727,7196,83332,039-
954,1201.1m960,0081.2m1.9m2.2m-2.2m48,073-5.0m-5.7m-5.6m-5.3m-5.6m-4.6m-4.4m-4.5m-4.9m-5.0m-5.1m
71.2%82.3%80.9%81.3%80.1%91.8%40.3%52.4%34.1%27.7%29.0%27.4%26.0%27.1%25.2%22.4%21.1%23.0%24.5%
1.652.352.072.413.998.430.621.010.210.210.120.160.170.210.250.260.160.150.12
0.410.220.240.230.190.061.390.861.832.492.332.512.752.592.863.353.643.273.02
-9.1%-6.2%-4.1%-17.3%-31.5%39.7%-80.7%67.6%31.7%3.4%4.1%-9.3%13.2%7.5%14.0%30.8%-9.4%7.2%8.1%
-6.4%-5.1%-3.3%-14.0%-25.2%36.4%-32.5%35.4%10.8%0.9%1.2%-2.6%3.4%2.0%3.5%6.9%-2.0%1.7%2.0%
-0.060.02-0.27-0.020.10--------------

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.

Securities and guarantees

on own assets and for others
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Debts secured on the company's own assets€30,668€122,254€212,884€358,363-
Mortgages, amount registered€247,894€247,894€247,894€247,894-
€1.6m€1.6m€1.6m€1.6m-
Carrying value of the mortgaged assets€842,580€881,272€921,067€959,863-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets-€2,890€1,410€19,748€1.0m
Financial fixed assets-€9,000--€565,000
€66,955€69,851€85,901€88,254€121,924

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on COUNTDOWN

The operating result for 2025 is a loss of €117,684, larger than the loss of €55,928 in 2024.

Debt's share of the balance-sheet total rises from 17.7% to 28.8%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2024
Stephan Temmerman
Director (not named in the articles)
appointed by deed of 05-01-2024 term without a fixed end
earlier statutory manager, until 05-01-2024
listed in the 2025 annual accounts, filed on 05-05-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“14.1. Statutair bestuurder - statutair opvolgend bestuurder §1. Samenstelling De vennootschap wordt bestuurd door één statutair bestuurder…”
deed of 05-01-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Stephan Temmerman
Director (not named in the articles)
WELLEMAN Lutgarde
Successor statutory director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Stephan Temmerman
    • Director (not named in the articles), from 29-12-2003 to date
    • Statutory manager, until 05-01-2024
  • WELLEMAN Lutgarde
    • Successor statutory director, appointed by deed of 05-01-2024, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,550
Source
2025 annual accounts

Articles of association

deed of 05-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
At least 3 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of February

Network & group

Holdings

own accounts to 30-09-2025
This companyCOUNTDOWN1 holding, 1 country accounts to 30-09-2025

Belgium 1 Equity Result

Source: list of holdings in its own 30-09-2025 accounts. Every holding stands with its own latest accounts.

The LEI register names no parent.

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2007 to 2025
Holdings through the years
Name2007200820092010201120122013201420152016201720182019202020212022202320242025
FUTURE CONCEPT 100%99.91%
StratconceptES 99%99.95%
VDB CONCEPTS 50%
Stratconcept BOES 99%
COUNTDOWN INVEST 99%
Isopearls 80%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of COUNTDOWNCOUNTDOWN sits on their board1
VDB Concepts
Director
Bankrupt · total assets €259,786 (2022)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

42 events since 1994

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 5 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0452977825
Annual accounts 2024 filed PDFabbreviated format · on the deadline day
2024
Annual accounts 2023 filed PDFabbreviated format · 31 days late
Change of role: Stephan Temmerman, from statutory manager to directorAppointment: WELLEMAN Lutgarde (successor statutory director) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 21-12-20239 points ▸
  • General meeting, 21-12-2023
  • Director resignation, Stephan Temmerman (statutory manager)
  • Director appointment, Stephan Temmerman (director (not named in the articles))
  • Director appointment, WELLEMAN Lutgarde (successor statutory director)
  • Power of attorney, Dephine Coorevits
  • Legal-form conversion, from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company
  • Director appointment, Stephan Temmerman (statutory director)
  • Registered office clause, Nevelse Warande 29, 9830 Sint-Martens-Latem
  • Power of attorney, Notariaat Drongen
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFabbreviated format · 2 days late
2022
Annual accounts 2021 filed PDFabbreviated format · 30 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 31 days late
2020
Back to profit net €2.9m The net result is €2.9m, after one loss-making year.
Liquidity more than 13 times current ratio 8.43 The current ratio rises from 0.62 to 8.43. Short-term debt falls from €5.8m to €302,785.
Annual accounts 2019 filed PDFabbreviated format · 61 days late
2019
Weakest financial year net -€3.5m The net result drops to -€3.5m, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFabbreviated format · 28 days late
2018
Highest result from 2007 to 2025 net €5.3m ▲330% The operating result of €7.0m and the net result of €5.3m are both a record.
Liquidity more than quadruples current ratio 1.01 The current ratio rises from 0.21 to 1.01.
Equity above €5m equity €7.9m ▲102% After 4 profitable years in a row, equity reaches €7.9m.
Annual accounts 2017 filed PDFabbreviated format · 24 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Back to profit net €135,198 The net result is €135,198, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · on the deadline day
2014
Annual accounts 2013 filed PDFabbreviated format · 41 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
2012
Annual accounts 2011 filed PDFabbreviated format · 3 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 13 days late
2010
Back to profit net €744,687 The net result is €744,687, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 15 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 2 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 2 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 41 days before the deadline
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1994
First establishment Nevelse Warande 29, Sint-Martens-Latem
Incorporation published on 19-07-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

COUNTDOWN was incorporated on 29 June 1994.1 Total assets fell from €10.8m in 2019 to €5.1m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0452.977.825
VAT number
BE 0452.977.825
Peppol ID
0208:0452977825
Other Peppol ID
9925:BE0452977825
LEI code
967600T9GRMJNWN8T259 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
29-06-1994
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of February
deed of 05-01-2024 (in Dutch)
Peppol
Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
COUNTDOWN in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 05-01-2024 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
Codes under NACEBEL 2003
74142 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Adviesverlening met betrekking tot beleid en beheer van ondernemingen; deze adviezen bestrijken alle aspecten van het bedrijfsleven zoals…”
11 activities
  1. Adviesverlening met betrekking tot beleid en beheer van ondernemingen; deze adviezen bestrijken alle aspecten van het bedrijfsleven zoals, doch niet beperkend, algemene leiding, financieel beheer en investeringsanalyse, commercieel beheer en marketing, personeelstudies; reorganisaties en turnarounds, interim management, …
  2. Het verstrekken en organiseren van opleidingen, seminaries en cursussen
  3. Het uitvoeren van expertises en gerechtelijke opdrachten met betrekking tot hierboven vermeld voorwerp
  4. De handel onder al haar vormen (groot- en kleinhandel, aan- en verkoop, import en export) van industriële verbruiksgoederen
  5. Het patrimonium van de vennootschap beheren in de ruimste zin van het woord en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen, zowel in roerend als in onroerend goederen, met uitsluiting van de handelingen van vastgoedhandelaar
  6. Overgaan tot het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen, deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke, alsmede van andere roerende en/of onroerende waarden, tegoeden en/of vorderingen
  7. Overgaan tot het aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren, in huur nemen of leasen van onroerende goederen al dan niet gemeubeld
  8. Zij mag alle werkzaamheden en rechtshandelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp
  9. Zij kan ook participeren in of op enige andere wijze deelnemen in of samenwerken met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze bevorderen
  10. Zij kan ook opdrachten uitoefenen in andere vennootschappen, zoals opdrachten van bestuurder of vereffenaar
  11. De vennootschap mag al deze verrichtingen uitvoeren in België of in het buitenland, voor eigen rekening of voor rekening van derden, in de meest uitgebreide zin
deed of 05-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Nevelse Warande 29 registered office 9830 Sint-Martens-Latem 6920101 Certified accountants and tax accountants 13-07-1994 2.067.602.906

Location

registered office establishment approximate The establishment unit on the map

We would like to set cookies. That happens only with your consent. What we measure