Ernst & Young Advisory Services
ActiveSummary
Ernst & Young Advisory Services has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.03M and a net result of €671k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+11
Solvency55▲+3
Growth62▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.33 in 2024; short-term debt: 68.3% and cash: 0.1% of total assets), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
30.4%
Return on assets
4.1%
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 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
24 d early
2023
42 d early
2022
39 d early
2021
20 d early
2020
17 d early
2019
25 d early
← before the deadline
after the deadline →
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€36.63M▼ 9.9%
2024 · €40.64M
2019: €37.74M
2020: €36.13M
2021: €28.29M
2022: €33.25M
2023: €35.54M
2024: €40.64M
2019 → 2025
EBIT margin
2.8%▲ 2.5pp
2024 · 0.3%
2019: 0.5%
2020: 0.5%
2021: 0.2%
2022: -0.4%
2023: 1.7%
2024: 0.3%
2019 → 2025
Net result
€671k▲ 174%
2024 · €245k
2019: €36k
2020: €40k
2021: €57k
2022: €-76k
2023: €25k
2024: €245k
2019 → 2025
Working capital
€4.49M▲ 8.8%
2024 · €4.12M
2019: €3.47M
2020: €3.37M
2021: €3.52M
2022: €4.15M
2023: €4.23M
2024: €4.12M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€28.29M-€33.25M▲ 17.6%€35.54M▲ 6.9%€40.64M▲ 14.3%€36.63M▼ 9.9%
Equity€4.17M-€4.09M▼ 1.9%€4.12M▲ 0.5%€4.71M▲ 14.3%€5.03M▲ 6.8%
Operating result€67k-€-134k€610k€125k▼ 79.5%€1.04M▲ 733%
Net result€57k-€-76k€25k€245k▲ 890%€671k▲ 174%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 733% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.54M
Fixed assets
€756k ▼ 0.4%
Current assets
€15.78M ▼ 4.3%
Equity and liabilities €16.54M
Equity
€5.03M ▲ 6.8%
Debt
€11.51M ▼ 8.3%
Debt's share of the balance-sheet total falls from 72.7% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.05M▲
2024 · €132k
Cash flow
€685k▲
2024 · €253k
Current ratio
1.40▲
2024 · 1.33
Quick ratio
1.01▼
2024 · 1.07
Debt to equity
2.29▼
2024 · 2.67
ROE
13.3%▲
2024 · 5.2%
ROA
4.1%▲
2024 · 1.4%
Interest coverage
68.62▲
2024 · 5.02
Debt ≤ 1 year
€11.30M▼
2024 · €12.37M
Income taxes
€443k▲
2024 · €175k
Staff costs
€9.16M▼
2024 · €9.27M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 75 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17.26M€16.54M▼
Fixed assets21/28€759k€756k▼
Intangible fixed assets21€591k€591k=
Tangible fixed assets22/27€37k€41k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€37k€40k▲
Financial fixed assets28€131k€123k▼
Affiliated companies280/1€118k€118k=
Participating interests280€118k€118k=
Other financial fixed assets284/8€12k€5k▼
Amounts receivable and cash guarantees285/8€12k€5k▼
Current assets29/58€16.50M€15.78M▼
Stocks and contracts in progress3€3.23M€4.36M▲
Contracts in progress37€3.23M€4.36M▲
Amounts receivable within one year40/41€13.03M€11.31M▼
Trade receivables40€8.35M€5.59M▼
Other amounts receivable41€4.68M€5.71M▲
Cash at bank and in hand54/58€16k€14k▼
Deferred charges and accrued income490/1€223k€103k▼
Equity and liabilities
Total equity and liabilities10/49€17.26M€16.54M▼
Equity10/15€4.71M€5.03M▲
Contributions10/11€3.09M€3.09M=
Reserves13€103k€103k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€92k€92k=
Profit (loss) carried forward14€1.52M€1.84M▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€12.55M€11.51M▼
Amounts payable within one year42/48€12.37M€11.30M▼
Trade debts44€7.38M€6.87M▼
Suppliers440/4€7.38M€6.87M▼
Advances received on contracts in progress46€3.01M€1.88M▼
Taxes, remuneration and social security45€1.92M€2.20M▲
Taxes450/3€131k€335k▲
Remuneration and social security454/9€1.79M€1.86M▲
Other amounts payable47/48€66k€351k▲
Accrued charges and deferred income492/3€175k€215k▲
Income statement
Code20242025
Operating income70/76A€41.60M€38.90M▼
Turnover70€40.64M€36.63M▼
Change in stocks of work in progress, finished goods and contracts in progress71€264k€1.13M▲
Other operating income74€695k€1.15M▲
Operating charges60/66A€41.47M€37.86M▼
Goods for resale, raw materials and consumables60€16.48M€15.68M▼
Purchases600/8€16.48M€15.68M▼
Services and other goods61€15.66M€12.97M▼
Remuneration, social security and pensions62€9.27M€9.16M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€193k€-26k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-174k€0▲
Other operating charges640/8€23k€53k▲
Non-recurring operating charges66A€7k€0▼
Operating profit (loss)9901€125k€1.04M▲
Financial income75/76B€459k€172k▼
Recurring financial income75€459k€172k▼
Income from current assets751€175k€158k▼
Other financial income752/9€284k€14k▼
Non-recurring financial income76B€0-
Financial charges65/66B€164k€100k▼
Recurring financial charges65€164k€100k▼
Debt charges650€26k€15k▼
Other financial charges652/9€137k€84k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€420k€1.11M▲
Income taxes67/77€175k€443k▲
Taxes670/3€217k€443k▲
Tax adjustments and reversals of tax provisions77€43k€0▼
Profit (loss) for the period9904€245k€671k▲
Profit (loss) for the period to be appropriated9905€245k€671k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.58M€2.19M▲
Profit (loss) brought forward from the previous period14P€1.34M€1.52M▲
Profit to be distributed694/7€66k€350k▲
Return on contributions (dividend)694€66k€350k▲
Social balance
Average headcount (FTE)9087111.9114.2▲
The notes to these accounts (61 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €671k ▲174%
Operating result €1.04M, net result €671k, both a record.
30-06
Financial
Equity above €5MEq €5.03M ▲6.8%
3 profitable years in a row build equity to €5.03M.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Weakest financial yearnet €-76k ▼234%
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
61 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, Machelen (Brab.) · 3 establishment units since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouterveldstraat 7B1831 Machelen (Brab.)Ground area
5.5 ha
Building footprint
1.2 ha
Volume, LiDAR
21,402 m³
3 parcels, Flanders · tallest building 25.0 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
ERNST & YOUNG ADVISORY SERVICES
since 19992.099.238.069
ERNST & YOUNG ADVISORY SERVICES
since 20092.184.727.337
ERNST & YOUNG ADVISORY SERVICES
since 20092.184.732.780
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0163/00D003 | Flanders | 2.7 ha | 1 · 9,977 m² | - |
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 1,269 m² | 25.0 m · 6 fl. |
| 44062A0110/00M000 | Flanders | 3,768 m² | 1 · 1,060 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Machelen
controls
Ernst & Young Advisory ServicesBE 0467.239.793
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 10,085 EUR awarded · 10,085 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 9,116 EUR | 9,116 EUR |
| 2023 | 1 | 969 EUR | 969 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
European Union, budget
2021 to 2022 · 2 entries · 1,800,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 0 EUR |
| 2021 | 1 | 1,800,000 EUR |
Projects
EU4 YOUTH COORDINATION AND SUPPORT
TECHNICAL SUPPORT FOR THE DEPLOYMENT OF EUROPEAN RAIL TRAFFIC MANAGEMENT SYSTEM (ERTMS) AND DIGITAL IMPROVEMENTS TO THE SINGLE EUROPEAN RAIL AREA
Recognitions · licences · registrations
Legal Entity Identifier
549300U2S35H65GJ4897
Similar companies · same sector, comparable size
NCR BELGIUM and Co
BE 0400.433.618
Zaventem · Eq €5.13M
KNX ASSOCIATION
BE 0441.460.064
Machelen (Brab.) · Eq €5.14M
ECTOSENSE
BE 0636.908.136
Oudergem · Eq €4.91M
SCINORTEG NV
BE 0424.104.685
Machelen (Brab.) · Eq €5.21M
Cultuurconnect
BE 0629.858.909
Gent · Eq €5.29M
Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-1999
Fiscal year end30-06
Abbreviation NL
EY ADVISORY SERVICES
Activities, NACEBEL 2025
62900Other information technology and computer services
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.