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CSB CONSEILS

Active
Private limited companyfounded 20224 yrs activeRoute de Philippeville(Tar) 57, 5651 Walcourt, BelgiumKBO/BCE: BE 0780.619.871
Summary

CSB CONSEILS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,444 and a net result of €17,833. Equity is growing by ~84.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 7098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability56▲+3
Solvency39▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.12 in 2024; short-term debt: 11.8% and cash: 1.8% of total assets), and 85.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.2%
Return on assets
7.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7098 sector peers (2025).
NBB · sector comparison
Position among 7098 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
94 d early
2024
92 d early
2023
93 d early
2022
90 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 92 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 April (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

CSB CONSEILS was incorporated on 19 January 2022 as a Private limited company.1 Total assets went from EUR 256,026 in 2022 to EUR 241,788 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€34,444▲ 107%
2024 · €16,612
Total assets
€241,788▲ 0.6%
2024 · €240,425
Net result
€17,833▲ 20.9%
2024 · €14,750
Working capital
-€24,279▼ 8.9%
2024 · -€22,288
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, 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
Line2022202320242025
Operating result-€31,144-€34,078€21,281▼ 37.6%€24,267▲ 14.0%
Net result-€33,096below the sector's middle half-€31,958within the sector's middle half€14,750within the sector's middle half▼ 53.8%€17,833within the sector's middle half▲ 20.9%
Equity-€30,096below the sector's middle half-€1,862below the sector's middle half€16,612below the sector's middle half▲ 792%€34,444within the sector's middle half▲ 107%
Total assets€256,026within the sector's middle half-€242,837within the sector's middle half▼ 5.2%€240,425within the sector's middle half▼ 1.0%€241,788within the sector's middle half▲ 0.6%
Debt€286,122-€240,975▼ 15.8%€223,813▼ 7.1%€207,343▼ 7.4%
Working capital-€113,506below the sector's middle half--€15,435below the sector's middle half▲ 86.4%-€22,288below the sector's middle half▼ 44.4%-€24,279below the sector's middle half▼ 8.9%
Solvency-11.8%below the sector's middle half-0.8%below the sector's middle half▲ 12.5pp6.9%below the sector's middle half▲ 6.1pp14.2%below the sector's middle half▲ 7.3pp
Current ratio0.05below the sector's middle half-0.26below the sector's middle half▲ 0.210.12below the sector's middle half▼ 0.140.15below the sector's middle half▲ 0.03
Return on assets (ROA)-12.9%below the sector's middle half-13.2%within the sector's middle half▲ 26.1pp6.1%within the sector's middle half▼ 7.0pp7.4%within the sector's middle half▲ 1.2pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2022: -€31,144-€31,144Net result 2022: -€33,096-€33,096Operating result 2023: €34,078€34,078Net result 2023: €31,958€31,958Operating result 2024: €21,281€21,281Net result 2024: €14,750€14,750Operating result 2025: €24,267€24,267Net result 2025: €17,833€17,8332022202320242025€0€10,000€20,000€30,000Operating result 2023: €34,078€34,100Net result 2023: €31,958€32,000Operating result 2024: €21,281€21,300Net result 2024: €14,750€14,700Operating result 2025: €24,267€24,300Net result 2025: €17,833€17,800202320242025
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241,788
Fixed assets €237,500 =
Current assets €4,288 ▲ 46.6%
Equity and liabilities €241,788
Equity €34,444 ▲ 107%
Debt €207,343 ▼ 7.4%
Debt's share of the balance-sheet total falls from 93.1% to 85.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
6.02▼
2024 · 13.47
ROE
51.8%▼
2024 · 88.8%
Debt ≤ 1 year
€28,567▲
2024 · €25,213
Debt > 1 year
€178,777▼
2024 · €198,600
Income taxes
€4,672▲
2024 · €4,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€240,425€241,788▲
Fixed assets21/28€237,500€237,500=
Tangible fixed assets22/27€237,500€237,500=
Land and buildings22€237,500€237,500=
Current assets29/58€2,925€4,288▲
Amounts receivable within one year40/41€2,420-
Trade receivables40€2,420-
Cash at bank and in hand54/58€505€4,288▲
Equity and liabilities
Total equity and liabilities10/49€240,425€241,788▲
Equity10/15€16,612€34,444▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€13,612€31,444▲
Amounts payable17/49€223,813€207,343▼
Amounts payable after more than one year17€198,600€178,777▼
Financial debts170/4€127,600€107,777▼
Other amounts payable178/9€71,000€71,000=
Amounts payable within one year42/48€25,213€28,567▲
Current portion of amounts payable after more than one year42€19,604€19,823▲
Taxes, remuneration and social security45€2,837€4,182▲
Taxes450/3€2,837€4,182▲
Other amounts payable47/48€2,773€4,561▲
Income statement Code20242025
Other operating charges640/8€471€484▲
Gross operating margin9900€21,752€24,751▲
Operating profit (loss)9901€21,281€24,267▲
Financial charges65/66B€1,954€1,762▼
Recurring financial charges65€1,954€1,762▼
Profit (loss) for the period before taxes9903€19,327€22,505▲
Income taxes67/77€4,577€4,672▲
Profit (loss) for the period9904€14,750€17,833▲
Profit (loss) for the period to be appropriated9905€14,750€17,833▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,612€31,444▲
Profit (loss) brought forward from the previous period14P-€1,138€13,612▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A-€12,500---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,673----
Other operating charges640/8€419€479€471€484▲ 2.6%
Gross operating margin9900€9,948€34,557€21,752€24,751▲ 13.8%
Operating profit (loss)9901-€31,144€34,078€21,281€24,267▲ 14.0%
Financial charges65/66B€1,952€2,120€1,954€1,762▼ 9.8%
Recurring financial charges65€1,952€2,120€1,954€1,762▼ 9.8%
Profit (loss) for the period before taxes9903-€33,096€31,958€19,327€22,505▲ 16.4%
Income taxes67/77--€4,577€4,672▲ 2.1%
Profit (loss) for the period9904-€33,096€31,958€14,750€17,833▲ 20.9%
Profit (loss) for the period to be appropriated9905-€33,096€31,958€14,750€17,833▲ 20.9%
Line2022202320242025Change
Assets
Total assets20/58€256,026€242,837€240,425€241,788▲ 0.6%
Fixed assets21/28€250,000€237,500€237,500€237,500=
Tangible fixed assets22/27€250,000€237,500€237,500€237,500=
Land and buildings22€250,000€237,500€237,500€237,500=
Current assets29/58€6,026€5,337€2,925€4,288▲ 46.6%
Amounts receivable within one year40/41€2,420€2,420€2,420--
Trade receivables40€2,420€2,420€2,420--
Cash at bank and in hand54/58€3,606€2,917€505€4,288▲ 750%
Equity and liabilities
Total equity and liabilities10/49€256,026€242,837€240,425€241,788▲ 0.6%
Equity10/15-€30,096€1,862€16,612€34,444▲ 107%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€33,096-€1,138€13,612€31,444▲ 131%
Amounts payable17/49€286,122€240,975€223,813€207,343▼ 7.4%
Amounts payable after more than one year17€166,590€220,204€198,600€178,777▼ 10.0%
Financial debts170/4€166,590€147,204€127,600€107,777▼ 15.5%
Other amounts payable178/9-€73,000€71,000€71,000=
Amounts payable within one year42/48€119,532€20,772€25,213€28,567▲ 13.3%
Current portion of amounts payable after more than one year42€19,171€19,386€19,604€19,823▲ 1.1%
Taxes, remuneration and social security45€268€293€2,837€4,182▲ 47.4%
Taxes450/3€268€293€2,837€4,182▲ 47.4%
Other amounts payable47/48€100,093€1,093€2,773€4,561▲ 64.5%
Line2022202320242025Change
Profit (loss) for the period9904-€33,096€31,958€14,750€17,833▲ 20.9%
+ Depreciation and write-downs630€40,673----
Operating cash flow (approximation)€7,577€31,958€14,750€17,833▲ 20.9%
Investment in fixed assets (approximation)-€12,500€0€0-
Change in cash--€688-€2,413€3,783▲ 257%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €31,958
Net result €31,958 after one loss-making year.
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial 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.

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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, Walcourt · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
5,204 m²
Building footprint
534 m²
Parcel 93076D0036/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CSB CONSEILS
Route de Philippeville(Tar) 57, 5651 WalcourtActivities of head offices; management consultancy activities
since 20222.326.773.642
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93076D0036/00F000 Wallonia 5,204 m² 1 · 534 m² -
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.

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,267 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
Founded19-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780619871
Registered 12-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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