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DEBT & CONSULTING SERVICES

Active
Private limited company (pre-2019)founded 1998active for 28 yearsAchtermaal 17, 9320 Aalst, BelgiumKBO/BCE: BE 0463.847.268
Summary

The computed 12-month bankruptcy probability of DEBT & CONSULTING SERVICES is 5.0% (elevated). The 2024 annual accounts show equity of €104,159 and a net result of €51,089. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€167,777total assets 2024
Equity
€104,159
Profit
€51,089
Turnover not published (micro format)
Financial health
40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Structure
Accounts 83 days overdue0 of 4 deeds read
Why 40raises risk1 financial year not filed after the legal deadline; latest accounts 216 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 04-03-2026)Liquidity: current ratio 2.58, cash €488, halvedlowers riskSize: total assets €167,777Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 63% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 87-13
equity 62.1% of total assets
Liquidity 33-32
short-term debt 37.9% · cash 0.3%
Profitability 100=
return on assets 30.5%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.7%highest value 12-2024: 7.7%● unchanged vs 11-2024highest value 01-2025: 7.7%● unchanged vs 12-2024highest value 02-2025: 7.7%● unchanged vs 01-2025highest value 03-2025: 1.4%▼ -6.3 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.5%▲ +0.2 percentage points vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 2.1%▲ +0.2 percentage points vs 08-2025 10-2025: 2.7%▲ +0.6 percentage points vs 09-2025 11-2025: 2.6%▼ -0.1 percentage points vs 10-2025 12-2025: 3.4%▲ +0.8 percentage points vs 11-2025 01-2026: 6.6%▲ +3.2 percentage points vs 12-2025 02-2026: 6.6%● unchanged vs 01-2026 03-2026: 6.8%▲ +0.2 percentage points vs 02-2026 04-2026: 2.3%▼ -4.5 percentage points vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.5%▲ +0.2 percentage points vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 3.5%▲ +1.0 percentage point vs 07-2026 09-2026: 3.9%▲ +0.4 percentage points vs 08-2026 10-2026: 5.0%▲ +1.1 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.58, compared with 5.64 in 2023, above the usual 1.5; short-term debt: 37.9% and cash: 0.3% of total assets), and 37.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 52% on solvency, 18% on liquidity, 90% on profitability and 92% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 216 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 04-03-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.58, cash €488, halved
NBB · annual accounts
lowers risk · Size: total assets €167,777
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €104,159
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 83 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-03-2026, 216 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
216 days late
2023
200 days late
2022
564 days late
2021
26 days late
2020
27 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 177 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Positive: Equity rose in 2024from €53,070 to €104,159 ▲ 96.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 83 days late View
  • Active since 1998founded 16-07-1998 28 years View

By topic

Financials

Financial year
2024
Total assets
€167,777
Profit
€51,089
Solvency
62.1%
Total assets▲ 160%
Net result
20182024
Go to Financials

Timeline

Events
29
Since
2000
  1. 31-12-2024Highest result from 2018 to 2024
  2. 31-12-2024Equity above €100,000
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
16-07-1998
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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