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D - CONSULTING

Active
Private limited companyfounded 1997active for 29 yearsKleine Goddaard 18, 2000 Antwerpen, BelgiumKBO/BCE: BE 0460.721.096
Summary

D - CONSULTING has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €355,634 and a net result of €62,118. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 88% of 9,506 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
€92,050▼ 20.7%
2024 · €116,150
EBIT margin
49.2%▼ 10.1pp
2024 · 59.3%
Net result
€62,118▲ 32.9%
2024 · €46,733
Working capital
€338,915▲ 23.0%
2024 · €275,612
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 34% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€92,050 2025 Operating result€45,302 2025 Net result€62,118 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€93,125-€100,750▲ 8.2%€103,350▲ 2.6%€109,971▲ 6.4%€102,627▼ 6.7%€34,372▼ 66.5%€116,150▲ 238%€92,050▼ 20.7%
Operating result€51,370-€47,595▼ 7.3%€54,793▲ 15.1%€62,236▲ 13.6%€53,486▼ 14.1%-€14,591€68,853€45,302▼ 34.2%
Net result€18,147-€47,155▲ 160%€26,528within the sector's middle half▼ 43.7%€50,613above the sector's middle half▲ 90.8%€33,356within the sector's middle half▼ 34.1%-€3,793below the sector's middle half€46,733above the sector's middle half€62,118above the sector's middle half▲ 32.9%
EBIT margin55.2%-47.2%▼ 7.9pp53.0%▲ 5.8pp56.6%▲ 3.6pp52.1%▼ 4.5pp-42.5%▼ 94.6pp59.3%▲ 101.7pp49.2%▼ 10.1pp
Equity€265,141-€312,296▲ 17.8%€338,824above the sector's middle half▲ 8.5%€389,437above the sector's middle half▲ 14.9%€422,793above the sector's middle half▲ 8.6%€246,783above the sector's middle half▼ 41.6%€293,516above the sector's middle half▲ 18.9%€355,634above the sector's middle half▲ 21.2%
Total assets€278,648-€321,335▲ 15.3%€347,655within the sector's middle half▲ 8.2%€401,454above the sector's middle half▲ 15.5%€437,504above the sector's middle half▲ 9.0%€416,523above the sector's middle half▼ 4.8%€401,793above the sector's middle half▼ 3.5%€402,641above the sector's middle half▲ 0.2%
Debt€13,507-€9,039▼ 33.1%€8,831▼ 2.3%€12,018▲ 36.1%€14,711▲ 22.4%€169,740▲ 1,054%€108,276▼ 36.2%€47,007▼ 56.6%
Working capital€213,876-€268,676▲ 25.6%€306,090above the sector's middle half▲ 13.9%€365,045above the sector's middle half▲ 19.3%€405,518above the sector's middle half▲ 11.1%€231,963above the sector's middle half▼ 42.8%€275,612above the sector's middle half▲ 18.8%€338,915above the sector's middle half▲ 23.0%
Solvency95.2%-97.2%▲ 2.0pp97.5%above the sector's middle half▲ 0.3pp97.0%above the sector's middle half▼ 0.5pp96.6%above the sector's middle half▼ 0.4pp59.2%within the sector's middle half▼ 37.4pp73.1%within the sector's middle half▲ 13.8pp88.3%above the sector's middle half▲ 15.3pp
Current ratio16.83-30.72▲ 13.8935.66above the sector's middle half▲ 4.9431.38above the sector's middle half▼ 4.2928.57above the sector's middle half▼ 2.812.37within the sector's middle half▼ 26.203.55within the sector's middle half▲ 1.188.21above the sector's middle half▲ 4.66
Return on assets (ROA)6.5%-14.7%▲ 8.2pp7.6%within the sector's middle half▼ 7.0pp12.6%within the sector's middle half▲ 5.0pp7.6%within the sector's middle half▼ 5.0pp-0.9%below the sector's middle half▼ 8.5pp11.6%within the sector's middle half▲ 12.5pp15.4%within the sector's middle half▲ 3.8pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €402,641
Fixed assets €16,719 ▼ 6.6%
Current assets €385,922 ▲ 0.5%
Equity and liabilities €402,641
Equity €355,634 ▲ 21.2%
Debt €47,007 ▼ 56.6%
Debt's share of the balance-sheet total falls from 26.9% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,940▼
2024 · €71,429
Cash flow
€64,757▲
2024 · €49,310
Debt to equity
0.13▼
2024 · 0.37
ROE
17.5%▲
2024 · 15.9%
Interest coverage
-2.70▼
2024 · 6.30
Debt ≤ 1 year
€47,007▼
2024 · €108,276
Income taxes
€24,904▼
2024 · €27,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% 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 497,474 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% 1.8%
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 74.5% 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 31,372 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€401,793€402,641▲
Fixed assets21/28€17,904€16,719▼
Tangible fixed assets22/27€17,904€16,719▼
Land and buildings22€12,176€12,176=
Plant, machinery and equipment23€5,728€4,543▼
Furniture and vehicles24€0€0=
Current assets29/58€383,889€385,922▲
Amounts receivable within one year40/41€9,317€8,470▼
Trade receivables40€9,317€8,470▼
Current investments50/53€333,635€349,946▲
Cash at bank and in hand54/58€39,493€26,304▼
Deferred charges and accrued income490/1€1,444€1,202▼
Equity and liabilities
Total equity and liabilities10/49€401,793€402,641▲
Equity10/15€293,516€355,634▲
Contributions10/11€18,600€18,600=
Reserves13€99,171€161,289▲
Distributable reserves133€99,171€161,289▲
Profit (loss) carried forward14€175,745€175,745=
Amounts payable17/49€108,276€47,007▼
Amounts payable within one year42/48€108,276€47,007▼
Trade debts44€513€472▼
Suppliers440/4€513€472▼
Taxes, remuneration and social security45€10,421€14,192▲
Taxes450/3€10,421€14,192▲
Other amounts payable47/48€97,343€32,343▼
Income statement Code20242025
Turnover70€116,150€92,050▼
Goods, raw materials, services and sundry goods60/61€48,426€48,156▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,576€2,639▲
Other operating charges640/8€1,437€1,485▲
Gross operating margin9900€72,866€49,426▼
Operating profit (loss)9901€68,853€45,302▼
Financial income75/76B€16,693€23,985▲
Recurring financial income75€16,693€23,985▲
Financial charges65/66B€11,335-€17,735▼
Recurring financial charges65€11,335-€17,735▼
Profit (loss) for the period before taxes9903€74,211€87,022▲
Income taxes67/77€27,477€24,904▼
Profit (loss) for the period9904€46,733€62,118▲
Profit (loss) for the period to be appropriated9905€46,733€62,118▲
Appropriation of the result
Profit (loss) to be appropriated9906€222,478€237,863▲
Profit (loss) brought forward from the previous period14P€175,745€175,745=
Transfer to equity691/2€46,733€62,118▲
To other reserves6921€46,733€62,118▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€93,125€100,750€103,350€109,971€102,627€34,372€116,150€92,050▼ 20.7%
Goods, raw materials, services and sundry goods60/61---€43,064€44,160€50,690€48,426€48,156▼ 0.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,137€12,584€11,494€8,342€8,615€3,056€2,576€2,639▲ 2.4%
Other operating charges640/8---€1,070€1,232€1,440€1,437€1,485▲ 3.4%
Gross operating margin9900€64,177€61,281€67,429€71,648€63,333-€10,095€72,866€49,426▼ 32.2%
Operating profit (loss)9901€51,370€47,595€54,793€62,236€53,486-€14,591€68,853€45,302▼ 34.2%
Financial income75/76B---€7,940€13,195€18,065€16,693€23,985▲ 43.7%
Recurring financial income75€4,465€6,123€7,621€7,940€13,195€18,065€16,693€23,985▲ 43.7%
Financial charges65/66B----€273€11,543€4,981€11,335-€17,735-
Recurring financial charges65€20,269-€10,835€18,477-€273€11,543€4,981€11,335-€17,735-
Profit (loss) for the period before taxes9903€35,565€64,553€43,937€70,448€55,138-€1,507€74,211€87,022▲ 17.3%
Income taxes67/77€17,419€17,397€17,409€19,836€21,781€2,286€27,477€24,904▼ 9.4%
Profit (loss) for the period9904€18,147€47,155€26,528€50,613€33,356-€3,793€46,733€62,118▲ 32.9%
Profit (loss) for the period to be appropriated9905€18,147€47,155€26,528€50,613€33,356-€3,793€46,733€62,118▲ 32.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€278,648€321,335€347,655€401,454€437,504€416,523€401,793€402,641▲ 0.2%
Fixed assets21/28€51,265€43,620€32,734€24,392€17,275€14,820€17,904€16,719▼ 6.6%
Tangible fixed assets22/27€51,265€43,620€32,734€24,392€17,275€14,820€17,904€16,719▼ 6.6%
Land and buildings22---€12,176€12,176€12,176€12,176€12,176=
Plant, machinery and equipment23---€3,885€3,906€2,644€5,728€4,543▼ 20.7%
Furniture and vehicles24---€8,331€1,193€0€0€0-
Current assets29/58€227,383€277,715€314,921€377,063€420,229€401,703€383,889€385,922▲ 0.5%
Amounts receivable within one year40/41€21,895€22,838€20,842€10,225€10,625€10,763€9,317€8,470▼ 9.1%
Trade receivables40---€10,225€7,255€8,942€9,317€8,470▼ 9.1%
Other amounts receivable41----€3,369€1,821---
Current investments50/53€184,988€224,069€232,356€263,758€297,566€343,356€333,635€349,946▲ 4.9%
Cash at bank and in hand54/58€18,911€29,132€59,939€101,525€110,811€46,277€39,493€26,304▼ 33.4%
Deferred charges and accrued income490/1---€1,555€1,227€1,308€1,444€1,202▼ 16.8%
Equity and liabilities
Total equity and liabilities10/49€278,648€321,335€347,655€401,454€437,504€416,523€401,793€402,641▲ 0.2%
Equity10/15€265,141€312,296€338,824€389,437€422,793€246,783€293,516€355,634▲ 21.2%
Contributions10/11€190,817€190,817-€190,817€190,817€18,600€18,600€18,600=
Reserves13€19,082€19,082€19,082€19,082€52,438€52,438€99,171€161,289▲ 62.6%
Non-distributable reserves130/1---€19,082€19,082----
Reserves not available under the articles1311---€19,082€19,082----
Distributable reserves133----€33,356€52,438€99,171€161,289▲ 62.6%
Profit (loss) carried forward14€55,242€102,397€128,925€179,538€179,538€175,745€175,745€175,745=
Amounts payable17/49€13,507€9,039€8,831€12,018€14,711€169,740€108,276€47,007▼ 56.6%
Amounts payable within one year42/48€13,507€9,039€8,831€12,018€14,711€169,740€108,276€47,007▼ 56.6%
Trade debts44€1,404€80€376€113€568€448€513€472▼ 8.0%
Suppliers440/4---€113€568€448€513€472▼ 8.0%
Taxes, remuneration and social security45---€10,021€14,143€8,949€10,421€14,192▲ 36.2%
Taxes450/3---€10,021€14,143€8,949€10,421€14,192▲ 36.2%
Other amounts payable47/48---€1,884€0€160,343€97,343€32,343▼ 66.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€18,147€47,155€26,528€50,613€33,356-€3,793€46,733€62,118▲ 32.9%
+ Depreciation and write-downs630€11,137€12,584€11,494€8,342€8,615€3,056€2,576€2,639▲ 2.4%
Operating cash flow (approximation)€29,284€59,739€38,021€58,955€41,972-€737€49,310€64,757▲ 31.3%
Investment in fixed assets (approximation)--€4,939-€608€0-€1,498-€601-€5,660-€1,454▲ 74.3%
Change in cash-€10,222€30,807€41,586€9,286-€64,534-€6,784-€13,189▼ 94.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 02-06-2026 2026-00132370
31-12-2024 micro format 05-06-2025 2025-00121368
31-12-2023 micro format 02-06-2024 2024-00104573
31-12-2022 micro format 31-05-2023 2023-00099540
31-12-2021 micro format 08-06-2022 2022-20049554
31-12-2020 micro format 01-06-2021 2021-16900446
31-12-2019 micro format 10-06-2020 2020-15600287
31-12-2018 micro format 08-06-2019 2019-17200551
31-12-2017 micro format 13-06-2018 2018-17700116
31-12-2016 micro format 05-06-2017 2017-14500407

Show all 29 filings

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Of the 11,099 active companies whose main activity is office administrative and support services (NACE 82100), figures are known for 3,542. 2,188 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.