ENA
ActiveSummary
ENA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,822) and a net result of €16,365. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+46
Solvency5▲+5
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.6 in 2024; short-term debt: 120.3% of total assets), and equity is negative.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-20.3%
Return on assets
37.7%
Age of the figures
15 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-12-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
53 d early
2023
57 d early
2022
5 d early
2021
62 d early
2020
46 d early
2019
53 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 48 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€8,822▲ 65.0%
2024 · -€25,186
Total assets
€43,357▼ 50.9%
2024 · €88,272
Net result
€16,365▲ 930%
2024 · €1,589
Working capital
-€28,195▲ 37.8%
2024 · -€45,363
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result€8,420▼ 18.3%-€18,690€1,056€3,789▲ 259%€17,609▲ 365%
Net result€7,542within the sector's middle half▲ 39.2%-€23,871below the sector's middle half-€3,230below the sector's middle half▲ 86.5%€1,589below the sector's middle half€16,365within the sector's middle half▲ 930%
Equity€325below the sector's middle half-€23,546below the sector's middle half-€26,776below the sector's middle half▼ 13.7%-€25,186below the sector's middle half▲ 5.9%-€8,822below the sector's middle half▲ 65.0%
Total assets€62,915below the sector's middle half▲ 46.3%€48,312below the sector's middle half▼ 23.2%€49,322below the sector's middle half▲ 2.1%€88,272within the sector's middle half▲ 79.0%€43,357below the sector's middle half▼ 50.9%
Debt€62,590▲ 15.5%€71,858▲ 14.8%€76,097▲ 5.9%€113,459▲ 49.1%€52,179▼ 54.0%
Working capital-€7,470▲ 57.2%-€34,543▼ 362%-€37,057▼ 7.3%-€45,363▼ 22.4%-€28,195▲ 37.8%
Solvency0.5%below the sector's middle half▲ 26.6pp-48.7%below the sector's middle half▼ 49.3pp-54.3%below the sector's middle half▼ 5.6pp-28.5%below the sector's middle half▲ 25.8pp-20.3%below the sector's middle half▲ 8.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 365% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,357
Fixed assets
€19,373 ▼ 4.0%
Current assets
€23,984 ▼ 64.8%
Key figures and ratios
EBITDA
€23,223▲
2024 · €8,711
Cash flow
€21,978▲
2024 · €6,511
Current ratio
0.46▼
2024 · 0.60
Debt to equity
-5.91▼
2024 · -4.50
ROA
37.7%▲
2024 · 1.8%
Interest coverage
18.66▲
2024 · 3.95
Debt ≤ 1 year
€52,179▼
2024 · €113,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,639 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,639 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4,591 | €5,473 | €2,154 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,813 | €2,646 | €2,001 | €4,922 | €5,614 | ▲ 14.1% |
| Other operating charges640/8 | - | €1,177 | €615 | - | - | - |
| Gross operating margin9900 | €13,782 | -€10,277 | €9,145 | €10,865 | €23,223 | ▲ 114% |
| Operating profit (loss)9901 | €8,420 | -€18,690 | €1,056 | €3,789 | €17,609 | ▲ 365% |
| Financial income75/76B | - | €2 | €0 | €4 | - | - |
| Recurring financial income75 | €0 | €2 | €0 | €4 | - | - |
| Financial charges65/66B | - | €1,614 | €4,285 | €2,204 | €1,244 | ▼ 43.6% |
| Recurring financial charges65 | €878 | €1,614 | €4,285 | €2,204 | €1,244 | ▼ 43.6% |
| Profit (loss) for the period before taxes9903 | €7,542 | -€20,301 | -€3,230 | €1,589 | €16,365 | ▲ 930% |
| Income taxes67/77 | - | €3,570 | - | - | - | - |
| Profit (loss) for the period9904 | €7,542 | -€23,871 | -€3,230 | €1,589 | €16,365 | ▲ 930% |
| Profit (loss) for the period to be appropriated9905 | €7,542 | -€23,871 | -€3,230 | €1,589 | €16,365 | ▲ 930% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,915 | €48,312 | €49,322 | €88,272 | €43,357 | ▼ 50.9% |
| Fixed assets21/28 | €7,796 | €10,997 | €10,281 | €20,177 | €19,373 | ▼ 4.0% |
| Tangible fixed assets22/27 | €7,796 | €10,997 | €10,281 | €20,177 | €19,373 | ▼ 4.0% |
| Land and buildings22 | - | €2,503 | €1,877 | €1,252 | €626 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | €8,494 | €8,404 | €18,925 | €18,747 | ▼ 0.9% |
| Current assets29/58 | €55,120 | €37,315 | €39,040 | €68,096 | €23,984 | ▼ 64.8% |
| Amounts receivable within one year40/41 | €50,772 | €37,315 | €3,040 | €68,096 | €23,984 | ▼ 64.8% |
| Trade receivables40 | - | €36,603 | - | €68,096 | €23,984 | ▼ 64.8% |
| Other amounts receivable41 | - | €712 | €3,040 | - | - | - |
| Cash at bank and in hand54/58 | €4,347 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €36,000 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,915 | €48,312 | €49,322 | €88,272 | €43,357 | ▼ 50.9% |
| Equity10/15 | €325 | -€23,546 | -€26,776 | -€25,186 | -€8,822 | ▲ 65.0% |
| Contributions10/11 | - | €14,500 | €14,500 | €14,500 | €14,500 | = |
| Reserves13 | €100 | €100 | €100 | €100 | €100 | = |
| Non-distributable reserves130/1 | - | €100 | €100 | €100 | - | - |
| Reserves not available under the articles1311 | - | €100 | €100 | €100 | - | - |
| Distributable reserves133 | - | - | - | - | €100 | - |
| Profit (loss) carried forward14 | -€14,275 | -€38,146 | -€41,376 | -€39,786 | -€23,422 | ▲ 41.1% |
| Amounts payable17/49 | €62,590 | €71,858 | €76,097 | €113,459 | €52,179 | ▼ 54.0% |
| Amounts payable within one year42/48 | €62,590 | €71,858 | €76,097 | €113,459 | €52,179 | ▼ 54.0% |
| Financial debts43 | - | €5,215 | €6,986 | €8,460 | €5,833 | ▼ 31.0% |
| Credit institutions430/8 | - | €5,215 | €6,986 | €8,460 | €5,833 | ▼ 31.0% |
| Trade debts44 | €11,345 | €15,249 | €26,531 | €44,722 | €10,306 | ▼ 77.0% |
| Suppliers440/4 | - | €15,249 | €26,531 | €44,722 | €10,306 | ▼ 77.0% |
| Taxes, remuneration and social security45 | - | €26,077 | €27,567 | €38,779 | €13,646 | ▼ 64.8% |
| Taxes450/3 | - | €5,961 | €13,259 | €23,992 | €13,646 | ▼ 43.1% |
| Remuneration and social security454/9 | - | €20,116 | €14,308 | €14,787 | - | - |
| Other amounts payable47/48 | - | €25,317 | €15,013 | €21,499 | €22,394 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,542 | -€23,871 | -€3,230 | €1,589 | €16,365 | ▲ 930% |
| + Depreciation and write-downs630 | €1,813 | €2,646 | €2,001 | €4,922 | €5,614 | ▲ 14.1% |
| Operating cash flow (approximation) | €9,356 | -€21,226 | -€1,229 | €6,511 | €21,978 | ▲ 238% |
| Investment in fixed assets (approximation) | - | -€5,848 | -€1,285 | -€14,817 | -€4,810 | ▲ 67.5% |
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
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €16,365 ▲930%
Operating result €17,609, net result €16,365, both a record.
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €1,589
Net result €1,589 after 2 loss-making years.
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€23,871
Net result drops to -€23,871, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €5,417
Net result €5,417 after one loss-making year.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
08-12
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 6 acts read
About the unread acts
We know of 6 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
6 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, Tielt-Winge · 1 establishment unit since 2012
Ground area
1,315 m²
Building footprint
241 m²
Volume, LiDAR
1,467 m³
Parcel 24106B0357/00L002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sint-Annastraat 1, 3390 Tielt-Winge
since 20122.210.040.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106B0357/00L002 | Flanders | 1,315 m² | 1 · 241 m² | 9.8 m · 2 fl. |
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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 2,039 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
Founded03-05-2012
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
63100Computing infrastructure, data processing, hosting and related activities
64210Activities of holding companies
73110Advertising agencies
73200Market research and public opinion polling
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845934921
Also
9925:BE0845934921
Registered
29-10-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.