ERAN CONSULT
ActiveSummary
ERAN CONSULT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €497,222. Equity is growing by ~42.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
2 sites
How big
€1.6mtotal assets 2025
- Equity
- €1.0m
- Profit
- €497,222
Turnover not published (abridged schema)
Who decides
- Holdings
- 3
Accounts 10 d early1 of 8 deeds read
Why 76- Multiple establishment units- Higher-failure-rate region+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-22
Solvency92▲+33
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 8.34 against 2.52 in 2024; short-term debt: 6.1% and cash: 0.4% of total assets), and 32.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 →
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
67.1%
Return on assets
31.8%
Age of the figures
15 mo
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 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
3 d late
2023
81 d early
2020
2 d early
2019
3 d early
2018
72 d early
2017
55 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 31 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. Usually files around 28 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Reappointment: Eric Sauvage (managing director)Registered-office move
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €497,222 ▲966%
Financials
Fiscal year 2025Total assets €1.6mProfit €497,222Solvency 67.1%Liquidity 8.34
Total assets
€1.6m▼ 4.7%
2019 - 2025
Net result
€497,222▲ 966%
2019 - 2025
Equity
€1.0m▲ 90.1%
2019 - 2025
Solvency
67.1%▲ 33.4pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 70, Activities of head offices; management consultancy activities, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202320242025
Operating result€0.08m-€0.08m▼ 2.3%€0.2m-€0.1m▼ 28.5%-€0.1m
Net result€0.1m-€0.09mabove the sector's middle half▼ 19.6%€0.1mabove the sector's middle half-€0.05mwithin the sector's middle half▼ 60.9%€0.5mabove the sector's middle half▲ 966%
Equity-€0.9m--€0.8mbelow the sector's middle half▲ 10.6%€0.5mabove the sector's middle half-€0.6mabove the sector's middle half▲ 9.2%€1.0mabove the sector's middle half▲ 90.1%
Total assets€1.8m-€1.8mabove the sector's middle half▼ 0.6%€2.0mabove the sector's middle half-€1.6mabove the sector's middle half▼ 18.1%€1.6mabove the sector's middle half▼ 4.7%
Debt€2.7m-€2.6m▼ 3.8%€1.5m-€1.1m▼ 27.3%€0.5m▼ 52.7%
Working capital-€0.03m--€0.03mbelow the sector's middle half▼ 19.5%€1.1mabove the sector's middle half-€0.4mabove the sector's middle half▼ 60.9%€0.7mabove the sector's middle half▲ 69.9%
Solvency-47.5%--42.7%below the sector's middle half▲ 4.8pp25.2%below the sector's middle half-33.6%within the sector's middle half▲ 8.4pp67.1%within the sector's middle half▲ 33.4pp
Current ratio0.18-0.15below the sector's middle half▼ 0.0471.08above the sector's middle half-2.52within the sector's middle half▼ 68.568.34above the sector's middle half▲ 5.81
Return on assets (ROA)6.3%-5.1%within the sector's middle half▼ 1.2pp6.0%within the sector's middle half-2.8%within the sector's middle half▼ 3.1pp31.8%within the sector's middle half▲ 28.9pp
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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €137,306 after €109,060 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€765,552 ▼ 19.9%
Current assets
€799,234 ▲ 16.6%
Equity and liabilities €1.6m
Equity
€1.0m ▲ 90.1%
Debt
€515,435 ▼ 52.7%
Debt's share of the balance-sheet total falls from 66.4% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
-€137,085▼
2024 · €109,072
Cash flow
€497,442▲
2024 · €46,643
Debt to equity
0.49▼
2024 · 1.97
ROE
47.4%▲
2024 · 8.4%
Interest coverage
-8.33▼
2024 · 19.09
Debt ≤ 1 year
€95,851▼
2024 · €271,697
Debt > 1 year
€344,869▼
2024 · €742,619
Income taxes
€49,691▲
2024 · €31,759
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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 20,134 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.
Filed annual accounts
Annual accounts
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,826 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,172 | €11,385 | €224 | €12 | €220 | ▲ 1,795% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €112,000 | - |
| Other operating charges640/8 | - | - | €2,658 | €1,499 | €1,968 | ▲ 31.2% |
| Non-recurring operating charges66A | - | - | - | - | €78,999 | - |
| Gross operating margin9900 | €93,824 | €92,116 | €155,335 | €110,571 | €55,881 | ▼ 49.5% |
| Operating profit (loss)9901 | €80,027 | €78,149 | €152,454 | €109,060 | -€137,306 | ▼ 226% |
| Financial income75/76B | - | - | €10,644 | €36,091 | €729,920 | ▲ 1,922% |
| Recurring financial income75 | €56,000 | €31,928 | €10,644 | €36,091 | €729,920 | ▲ 1,922% |
| Financial charges65/66B | - | - | €7,325 | €66,761 | €45,702 | ▼ 31.5% |
| Recurring financial charges65 | €6,138 | €358 | €689 | €5,715 | €16,449 | ▲ 188% |
| Non-recurring financial charges66B | - | - | €6,636 | €61,046 | €29,253 | ▼ 52.1% |
| Profit (loss) for the period before taxes9903 | €129,889 | €109,719 | €155,773 | €78,390 | €546,913 | ▲ 598% |
| Income taxes67/77 | €16,508 | €18,513 | €36,500 | €31,759 | €49,691 | ▲ 56.5% |
| Profit (loss) for the period9904 | €113,381 | €91,206 | €119,273 | €46,631 | €497,222 | ▲ 966% |
| Profit (loss) for the period to be appropriated9905 | €113,381 | €91,206 | €119,273 | €46,631 | €497,222 | ▲ 966% |
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.8m | €2.0m | €1.6m | €1.6m | ▼ 4.7% |
| Fixed assets21/28 | €1.8m | €1.8m | €0.9m | €1.0m | €0.8m | ▼ 19.9% |
| Tangible fixed assets22/27 | €0.02m | €0.01m | €12 | - | €0.001m | - |
| Furniture and vehicles24 | - | - | €12 | - | €0.001m | - |
| Financial fixed assets28 | €1.8m | €1.8m | €0.9m | €1.0m | €0.8m | ▼ 20.0% |
| Current assets29/58 | €0.006m | €0.005m | €1.1m | €0.7m | €0.8m | ▲ 16.6% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.3m | - |
| Other amounts receivable291 | - | - | - | - | €0.3m | - |
| Amounts receivable within one year40/41 | €0.002m | €0.001m | €0.7m | €0.6m | €0.5m | ▼ 28.5% |
| Trade receivables40 | - | - | €0.02m | €0.02m | €0.02m | ▼ 7.5% |
| Other amounts receivable41 | - | - | €0.6m | €0.6m | €0.4m | ▼ 29.3% |
| Current investments50/53 | - | - | €0.4m | €0.05m | - | - |
| Cash at bank and in hand54/58 | €0.001m | €0.002m | €0.004m | €0.003m | €0.006m | ▲ 130% |
| Deferred charges and accrued income490/1 | - | - | €0.002m | €0.004m | €0.002m | ▼ 52.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.8m | €2.0m | €1.6m | €1.6m | ▼ 4.7% |
| Equity10/15 | -€0.9m | -€0.8m | €0.5m | €0.6m | €1.0m | ▲ 90.1% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.05m | €0.05m | €0.4m | €0.4m | €0.9m | ▲ 124% |
| Distributable reserves133 | - | - | €0.4m | €0.4m | €0.9m | ▲ 124% |
| Profit (loss) carried forward14 | -€1.0m | -€0.9m | €0.006m | €0.05m | €0.05m | ▲ 2.3% |
| Amounts payable17/49 | €2.7m | €2.6m | €1.5m | €1.1m | €0.5m | ▼ 52.7% |
| Amounts payable after more than one year17 | €2.6m | €2.4m | €1.4m | €0.7m | €0.3m | ▼ 53.6% |
| Financial debts170/4 | - | - | €0.8m | €0.08m | €0.3m | ▲ 302% |
| Other amounts payable178/9 | - | - | €0.6m | €0.7m | €0.04m | ▼ 94.6% |
| Amounts payable within one year42/48 | €0.03m | €0.04m | €0.02m | €0.3m | €0.1m | ▼ 64.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.06m | - |
| Financial debts43 | - | - | - | €0.3m | - | - |
| Credit institutions430/8 | - | - | - | €0.3m | - | - |
| Trade debts44 | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 3.0% |
| Suppliers440/4 | - | - | €0.001m | €0.001m | €0.001m | ▼ 3.0% |
| Taxes, remuneration and social security45 | - | - | €0.007m | €0.004m | €0.03m | ▲ 723% |
| Taxes450/3 | - | - | €0.007m | €0.004m | €0.03m | ▲ 723% |
| Other amounts payable47/48 | - | - | €0.007m | €0.006m | - | - |
| Accrued charges and deferred income492/3 | - | - | €0.07m | €0.07m | €0.07m | = |
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,381 | €91,206 | €119,273 | €46,631 | €497,222 | ▲ 966% |
| + Depreciation and write-downs630 | €11,172 | €11,385 | €224 | €12 | €220 | ▲ 1,795% |
| Operating cash flow (approximation) | €124,554 | €102,591 | €119,497 | €46,643 | €497,442 | ▲ 966% |
| Investment in fixed assets (approximation) | - | -€1,675 | - | -€25,000 | €189,677 | ▲ 859% |
| Change in cash | - | €980 | - | -€1,242 | €3,547 | ▲ 385% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Destelbergen · Eq €1,049,358
GUIDO DE GREFTE
BE 0474.269.721
Kortenberg · Eq €1,049,076
Anaïs
BE 0447.539.489
Wemmel · Eq €1,049,021
MMC
BE 0836.253.232
Ham · Eq €1,049,003
Of 82,601 companies in this sector we hold annual accounts for 52,629. 27,352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
3 holdings
Directors
Directors
1 office holder, last change in 2025
Day-to-day management 1
Eric Sauvage
CurrentManaging director · since 18-09-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
1 person since 2025, 1 in office
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Eric Sauvage |
|
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 3
-
99.9%
-
99.9%
-
99.9%
According to the annual accounts to 30-06-2025 of ERAN CONSULT and those 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
1 office holderThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Timeline
17 eventsLatest 20-03-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
State Gazette act
Reappointment: Eric Sauvage (managing director)Registered-office move3 facts ▸
State Gazette act
Reappointment: Eric Sauvage (managing director)
Registered-office move3 facts ▸
- General meeting, 18/09/2025
- Registered-office move, Rue de la Haie 23 B à 1301 Bierges
- Director reappointment, Eric Sauvage (managing director)
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €497,222 ▲966%
Net result €497,222, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 8.34
Current ratio from 2.52 to 8.34; short-term debt falls from €271,697 to €95,851.
30-06
Financial
Equity above €1mEq €1.0m ▲90.1%
5 profitable years in a row build equity to €1.0m.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Weakest financial yearnet €46,631 ▼60.9%
Net result drops to €46,631, the lowest in the series; recovery starts the following year.
2023
11-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity times 482current ratio 71.08
Current ratio from 0.15 to 71.08; short-term debt falls from €36,506 to €15,094.
30-06
Financial
Equity above €500,000Eq €505,498
3 profitable years in a row build equity to €505,498.
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
02-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
02-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Public limited company · founded 27-06-1990Year ends 30-06Peppol reachable2 sites
Register details
Identification
Legal formPublic limited company
Founded27-06-1990
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441173717
Registered
22-09-2026
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.
Sites & property
Location & real-estate footprint
Registered office, Wavre · 2 establishment units since 1996
Ground area
3,510 m²
Building footprint
540 m²
Volume, LiDAR
4,155 m³
2 parcels, Brussels, Wallonia · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
N.S. INTERNATIONAL CONSULTING
since 1996unit no. 2.049.072.837
Prins van Oranjelaan 150, 1180 Ukkel
since 1999unit no. 2.049.072.738
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0056/02X076 | Brussels | 3,098 m² | 1 · 473 m² | 14.1 m · 3 fl. |
| 25006C0078/00Z000 | Wallonia | 413 m² | 1 · 67 m² | 9.3 m · 2 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.
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