D+A CONSULT
ActiveSummary
D+A CONSULT has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €63,718. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 742 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-11
Solvency91▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 2.67 against 2.34 in 2024; short-term debt: 34.1% and cash: 10.3% of total assets), and 34.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.8%
Return on assets
3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
5 d early
2022
17 d early
2021
6 d early
2020
18 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€63,718▼ 76.8%
2024 · €274,945
Working capital
€1.2m▲ 7.5%
2024 · €1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€186,796▲ 132%€129,383▼ 30.7%€181,316▲ 40.1%€368,587▲ 103%€124,981▼ 66.1%
Net result€175,934above the sector's middle half▲ 135%€7,274within the sector's middle half▼ 95.9%€126,997within the sector's middle half▲ 1,646%€274,945above the sector's middle half▲ 116%€63,718within the sector's middle half▼ 76.8%
Equity€1.1mabove the sector's middle half▲ 18.9%€1.1mabove the sector's middle half▲ 0.7%€1.2mabove the sector's middle half▲ 8.8%€1.4mabove the sector's middle half▲ 11.6%€1.4mwithin the sector's middle half▲ 2.9%
Total assets€1.7mabove the sector's middle half▲ 7.9%€2.0mabove the sector's middle half▲ 21.5%€2.0mabove the sector's middle half▼ 3.0%€2.2mabove the sector's middle half▲ 11.0%€2.1mwithin the sector's middle half▼ 3.6%
Debt€570,428▼ 8.5%€924,329▲ 62.0%€764,300▼ 17.3%€841,043▲ 10.0%€721,614▼ 14.2%
Working capital€804,333above the sector's middle half▲ 29.4%€803,250above the sector's middle half▼ 0.1%€971,375above the sector's middle half▲ 20.9%€1.1mabove the sector's middle half▲ 15.6%€1.2mabove the sector's middle half▲ 7.5%
Solvency66.0%within the sector's middle half▲ 6.1pp54.6%within the sector's middle half▼ 11.3pp61.3%within the sector's middle half▲ 6.7pp61.6%within the sector's middle half▲ 0.3pp65.8%within the sector's middle half▲ 4.2pp
Current ratio2.42within the sector's middle half▲ 0.421.87within the sector's middle half▼ 0.552.27within the sector's middle half▲ 0.402.34within the sector's middle half▲ 0.062.67within the sector's middle half▲ 0.34
Return on assets (ROA)10.5%within the sector's middle half▲ 5.7pp0.4%below the sector's middle half▼ 10.1pp6.4%within the sector's middle half▲ 6.1pp12.5%within the sector's middle half▲ 6.1pp3.0%within the sector's middle half▼ 9.5pp
Staff (FTE)26.8above the sector's middle half▲ 7.2%26.3above the sector's middle half▼ 1.9%25.1above the sector's middle half▼ 4.6%26.2above the sector's middle half▲ 4.4%28.4within the sector's middle half▲ 8.4%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -77% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€183,270 ▼ 19.8%
Current assets
€1.9m ▼ 1.8%
Equity and liabilities €2.1m
Equity
€1.4m ▲ 2.9%
Debt
€721,614 ▼ 14.2%
Debt's share of the balance-sheet total falls from 38.4% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€219,154▼
2024 · €457,765
Cash flow
€157,891▼
2024 · €364,124
Debt to equity
0.52▼
2024 · 0.62
ROE
4.6%▼
2024 · 20.3%
Interest coverage
35.98▼
2024 · 65.42
Debt ≤ 1 year
€721,464▼
2024 · €840,893
Income taxes
€60,755▼
2024 · €106,275
Staff costs
€2.0m▲
2024 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €37,259 | €8,594 | €11,181 | €0 | - | - |
| Remuneration, social security and pensions62 | €1.5m | €1.6m | €1.8m | €1.8m | €2.0m | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,319 | €82,428 | €95,833 | €89,179 | €94,173 | ▲ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3,040 | - | - | -€3,040 | €0 | ▲ 100% |
| Other operating charges640/8 | €8,536 | €50,434 | €8,994 | €50,249 | €3,164 | ▼ 93.7% |
| Gross operating margin9900 | €1.8m | €1.9m | €2.1m | €2.3m | €2.3m | ▼ 1.3% |
| Operating profit (loss)9901 | €186,796 | €129,383 | €181,316 | €368,587 | €124,981 | ▼ 66.1% |
| Financial income75/76B | €3,362 | €114 | €188 | €19,631 | €5,583 | ▼ 71.6% |
| Recurring financial income75 | €3,362 | €114 | €188 | €19,631 | €5,583 | ▼ 71.6% |
| Financial charges65/66B | €6,800 | €76,722 | €7,089 | €6,997 | €6,091 | ▼ 13.0% |
| Recurring financial charges65 | €6,800 | €76,722 | €7,089 | €6,997 | €6,091 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €183,358 | €52,775 | €174,415 | €381,220 | €124,473 | ▼ 67.3% |
| Income taxes67/77 | €7,424 | €45,500 | €47,417 | €106,275 | €60,755 | ▼ 42.8% |
| Profit (loss) for the period9904 | €175,934 | €7,274 | €126,997 | €274,945 | €63,718 | ▼ 76.8% |
| Transfer from tax-exempt reserves789 | €176 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €63,150 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €176,110 | €7,274 | €126,997 | €211,795 | €63,718 | ▼ 69.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €2.0m | €2.0m | €2.2m | €2.1m | ▼ 3.6% |
| Fixed assets21/28 | €304,901 | €309,749 | €239,658 | €228,388 | €183,270 | ▼ 19.8% |
| Tangible fixed assets22/27 | €202,475 | €303,749 | €233,658 | €214,908 | €170,790 | ▼ 20.5% |
| Plant, machinery and equipment23 | €20,191 | €21,688 | €22,203 | €22,927 | €36,816 | ▲ 60.6% |
| Furniture and vehicles24 | €157,895 | €261,025 | €189,342 | €147,046 | €94,393 | ▼ 35.8% |
| Other tangible fixed assets26 | €24,389 | €21,036 | €22,113 | €44,935 | €39,581 | ▼ 11.9% |
| Financial fixed assets28 | €102,426 | €6,000 | €6,000 | €13,480 | €12,480 | ▼ 7.4% |
| Current assets29/58 | €1.4m | €1.7m | €1.7m | €2.0m | €1.9m | ▼ 1.8% |
| Amounts receivable within one year40/41 | €1.0m | €1.5m | €1.5m | €1.1m | €1.5m | ▲ 37.0% |
| Trade receivables40 | €960,598 | €1.5m | €1.5m | €1.1m | €1.5m | ▲ 42.3% |
| Other amounts receivable41 | €45,662 | €65,197 | €549 | €51,160 | €13,771 | ▼ 73.1% |
| Current investments50/53 | - | - | €10,000 | €502,347 | €175,882 | ▼ 65.0% |
| Cash at bank and in hand54/58 | €336,910 | €161,931 | €207,982 | €328,535 | €217,416 | ▼ 33.8% |
| Deferred charges and accrued income490/1 | €28,081 | €40,467 | €31,886 | €20,074 | €11,216 | ▼ 44.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €2.0m | €2.0m | €2.2m | €2.1m | ▼ 3.6% |
| Equity10/15 | €1.1m | €1.1m | €1.2m | €1.4m | €1.4m | ▲ 2.9% |
| Contributions10/11 | €240,000 | €240,000 | €240,000 | €240,000 | €240,000 | = |
| Capital10 | €240,000 | €240,000 | €240,000 | €240,000 | €240,000 | = |
| Issued capital100 | €240,000 | €240,000 | €240,000 | €240,000 | €240,000 | = |
| Reserves13 | €865,724 | €872,999 | €971,033 | €1.1m | €1.2m | ▲ 3.6% |
| Non-distributable reserves130/1 | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Legal reserve130 | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Tax-exempt reserves132 | - | - | - | €63,150 | €63,150 | = |
| Distributable reserves133 | €841,724 | €848,999 | €947,033 | €1.0m | €1.1m | ▲ 3.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €570,428 | €924,329 | €764,300 | €841,043 | €721,614 | ▼ 14.2% |
| Amounts payable within one year42/48 | €566,918 | €924,329 | €764,300 | €840,893 | €721,464 | ▼ 14.2% |
| Trade debts44 | €349,731 | €591,933 | €320,335 | €356,983 | €229,408 | ▼ 35.7% |
| Suppliers440/4 | €349,731 | €591,933 | €320,335 | €356,983 | €229,408 | ▼ 35.7% |
| Taxes, remuneration and social security45 | €217,187 | €332,396 | €415,003 | €349,538 | €468,343 | ▲ 34.0% |
| Taxes450/3 | €54,535 | €157,090 | €187,847 | €157,008 | €191,313 | ▲ 21.8% |
| Remuneration and social security454/9 | €162,651 | €175,307 | €227,156 | €192,530 | €277,030 | ▲ 43.9% |
| Other amounts payable47/48 | - | - | €28,963 | €134,372 | €23,713 | ▼ 82.4% |
| Accrued charges and deferred income492/3 | €3,510 | - | - | €150 | €150 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €175,934 | €7,274 | €126,997 | €274,945 | €63,718 | ▼ 76.8% |
| + Depreciation and write-downs630 | €81,319 | €82,428 | €95,833 | €89,179 | €94,173 | ▲ 5.6% |
| Operating cash flow (approximation) | €257,252 | €89,702 | €222,830 | €364,124 | €157,891 | ▼ 56.6% |
| Investment in fixed assets (approximation) | - | -€87,275 | -€25,742 | -€77,909 | -€49,055 | ▲ 37.0% |
| Change in cash | - | -€174,979 | €46,051 | €120,553 | -€111,119 | ▼ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €274,945 ▲116%
Operating result €368,587, net result €274,945, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.1m ▲18.9%
3 profitable years in a row build equity to €1.1m.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €86,900
Net result €86,900 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Halle · 2 establishment units since 1979
Ground area
2,397 m²
Building footprint
1,060 m²
Volume, LiDAR
6,199 m³
2 parcels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
D+A CONSULT
since 19792.017.898.225
D+A CONSULT
since 20102.183.670.730
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0086/00Y007 | Flanders | 1,593 m² | 1 · 607 m² | - |
| 23027G0320/00H000 | Flanders | 804 m² | 1 · 453 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: FRENTS. The sources do not say who stands above it.
Owners 1
- QUERCESTAparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,975 EUR awarded · 3,975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 741 EUR | 741 EUR |
| 2024 | 1 | 189 EUR | 189 EUR |
| 2023 | 2 | 1,453 EUR | 1,453 EUR |
| 2022 | 1 | 1,592 EUR | 1,592 EUR |
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 2,899 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded20-12-1978
Fiscal year end31-12
Abbreviation NL
D+A
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418913997
Also
9925:BE0418913997
Registered
24-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.