Equity
-€1.0m
Debts exceed assets in financial year 2025.
DIFFERENT MANAGEMENT
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €327,623 (2017)
-not published
lowest -€2.0m (2023)
€118,105▲ 31.9%
peak €1.2m (2019)
-€1.0m▲ €118,105
€1.0m▼ 9.8%
peak 0 FTE (2024)
-not published
Board2 names since 2006
1 directorGEURDEN Peter Maria Valentin
Owners2 names in the annual accounts
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Result from €89,547 to €118,105Cash from €37,819 to €17,378
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The accounts state no turnover.
Debts
€1.0m 1,542% of the balance sheet
Financial debts 24%Suppliers 2%Taxes and wages 5%Other 68%
Of this, €798,230 falls due within a year.
Filings
25 annual accounts since 2001
Four of the last ten came late. The 2024 accounts came latest: 55 days after the end of the period.
At the same address
5 companies
Position in the sector
-1526.8%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 53.3% · 3,873 companies.
Checked score
55
Fair
Financially stronger than 40% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
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 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.1%▼ -0.1 percentage points vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.2%▲ +0.1 percentage points vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.0%▼ -0.2 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.2 percentage points vs 07-2025
09-2025: 1.4%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.7%▼ -0.7 percentage points vs 09-2025
11-2025: 0.2%▼ -0.5 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
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 strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€1.0m
lowers risk
Size: total assets €67,193
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.08, cash €17,378, halved
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, micro). It does better than 3% of them on solvency, 14% on liquidity, 84% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 3,794 companies had the same profile as DIFFERENT MANAGEMENT has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DIFFERENT MANAGEMENT itself is lower: 0.2% within 12 months. It rests on far more data about DIFFERENT MANAGEMENT than the profile alone.
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.
| 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 3,794 companies, not a prediction for DIFFERENT MANAGEMENT. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.08 (0.07 in 2024), below 1. Cash is 25.9% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3873 sector peers (2025).
NBB · sector comparisonPosition among 3873 sector peers
Solvency
better than 5%
← 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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
55 days late
2023
19 days late
2022
11 days early
2021
13 days early
2020
31 days late
2019
72 days early
← 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 1 day 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Peter Geurden 100%annual accounts 2023
Shares in 2 companies, GRAPES and DVMH Kerkrade
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473910821
Registered office moved from Genk to Maaseik
New registered office: Koning Albertlaan 35, 3680 Maaseik · Previous registered office: Europalaan 46, 3600 Genk · General meeting of 24-06-2023 · Gazette deed
1 director resigning
Permanent representative: GEURDEN Peter Maria Valentin · Change of role: GEURDEN Peter Maria Valentin, from director to sole director · Resignation: DIFFERENT HOTELS · Gazette deed
Capital increase of €500,000 to €584,000
Capital from €84,000 to €584,000, 4,000 new shares · Reappointments: GEURDEN Peter (director) and DIFFERENT HOTELS (director) · Permanent representative: GEURDEN Peter · General meeting of 26-02-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DIFFERENT MANAGEMENT Maaseik | €67,193 | €184,449 | -1526.8% | - |
| LEEUWERIK Pelt | €70,394 | €158,595 | -54.5% | - |
| PENXTEN TRANSPORT SOLUTIONS Gingelom | €95,648 | €168,388 | 19.0% | 4.4 |
| HARRY INC. Lommel | €100,690 | €182,659 | 52.8% | - |
| GRIDO Antwerp | €89,280 | €180,618 | 72.8% | - |
| Rudy Lefevere Management Wielsbeke | €61,793 | €171,219 | 92.5% | - |
| GLOBAL PHARMA SOLUTIONS Antwerp | €66,770 | €129,049 | 47.6% | - |
These companies have the same main activity as DIFFERENT MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €61,800 and €101,000, founded between 1994 and 2004.
Official details
Source: KBO- Status
- Active since 25-01-2001Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.095.104.5823680 Maaseik, since 08-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Annual accounts 2025
- €67,193▲ 8.7%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on DIFFERENT MANAGEMENT
Solvency rose in 2025 from -1851.0% to -1526.8% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DIFFERENT MANAGEMENT
- What is the company number of DIFFERENT MANAGEMENT?
- The company number of DIFFERENT MANAGEMENT is 0473.910.821. The VAT number is the same number with BE in front: BE 0473.910.821.
- Where is DIFFERENT MANAGEMENT based?
- The registered office is at Koning Albertlaan 35, 3680 Maaseik.Company details
- What does DIFFERENT MANAGEMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of DIFFERENT MANAGEMENT?
- DIFFERENT MANAGEMENT is a public limited company (NV).
- When was DIFFERENT MANAGEMENT founded?
- DIFFERENT MANAGEMENT was founded on 25-01-2001.
- Is DIFFERENT MANAGEMENT still active?
- Yes, DIFFERENT MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of DIFFERENT MANAGEMENT?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €184,449 and 93 comparable companies (NACE 70200). It probably lies between €240,000 and €390,000. In financial year 2023 turnover was €220,003.Financials
- Is DIFFERENT MANAGEMENT profitable?
- In financial year 2025, DIFFERENT MANAGEMENT made a profit of €118,105.
- Where can I find the annual accounts of DIFFERENT MANAGEMENT?
- DIFFERENT MANAGEMENT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DIFFERENT MANAGEMENT due?
- DIFFERENT MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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