EST Consultants
ActiveEST Consultants has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €-12k. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 14% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-29
Solvency34=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.21 in 2024; short-term debt: 37% and cash: 3.1% of total assets), and 91.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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
8.5%
Return on assets
-1.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 17007 sector peers (2025).
NBB · sector comparisonPosition among 17007 sector peers
Solvency
better than 14%
← 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 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
46 d early
2023
1 d early
2022
on the day
2021
on the day
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
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 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▼ 14.2%
2024 · €86k
2019: €196k
2020: €287k
2021: €333k
2022: €61k
2023: €76k
2024: €86k
2019 → 2025
Total assets
€862k▼ 4.6%
2024 · €904k
2019: €958k
2020: €1.03M
2021: €1.03M
2022: €965k
2023: €944k
2024: €904k
2019 → 2025
Net result
€-12k
2024 · €11k
2019: €140k
2020: €91k
2021: €46k
2022: €-5k
2023: €14k
2024: €11k
2019 → 2025
Working capital
€-269k▼ 8.4%
2024 · €-248k
2019: €-24k
2020: €-50k
2021: €-5k
2022: €-272k
2023: €-251k
2024: €-248k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€333k-€61k▼ 81.6%€76k▲ 23.5%€86k▲ 12.8%€73k▼ 14.2%
Operating result€73k-€20k▼ 72.9%€33k▲ 64.3%€26k▼ 19.5%€-376
Net result€46k-€-5k€14k€11k▼ 26.0%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €376 after €26k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €862k
Fixed assets
€812k▼ 2.9%
Current assets
€50k▼ 26.2%
Equity and liabilities €862k
Equity
€73k▼ 14.2%
Debt
€789k▼ 3.6%
The debt ratio rises from 90.5% to 91.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €63k
Cash flow
€23k▼
2024 · €48k
Solvency
8.5%▼
2024 · 9.5%
Current ratio
0.16▼
2024 · 0.21
Quick ratio
0.16▼
2024 · 0.21
Debt / equity
10.76▲
2024 · 9.57
ROE
-16.6%▼
2024 · 12.5%
ROA
-1.4%▼
2024 · 1.2%
Interest coverage
2.92▼
2024 · 6.10
Debt
€789k▼
2024 · €818k
Debt ≤ 1 year
€319k▲
2024 · €315k
Debt > 1 year
€467k▼
2024 · €500k
Income taxes
€296▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€904k€862k▼
Fixed assets21/28€837k€812k▼
Tangible fixed assets22/27€836k€812k▼
Land and buildings22€824k€806k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€6k€433▼
Financial fixed assets28€250€250=
Current assets29/58€67k€50k▼
Amounts receivable after more than one year29€3k€2k▼
Other amounts receivable291€3k€2k▼
Amounts receivable within one year40/41€10k€20k▲
Trade receivables40€5k€13k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€52k€27k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€904k€862k▼
Equity10/15€86k€73k▼
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€9k€-3k▼
Amounts payable17/49€818k€789k▼
Amounts payable after more than one year17€500k€467k▼
Financial debts170/4€500k€467k▼
Amounts payable within one year42/48€315k€319k▲
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€21k€28k▲
Suppliers440/4€21k€28k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€260k€256k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€67k€38k▼
Operating profit (loss)9901€26k€-376▼
Financial income75/76B€85€497▲
Recurring financial income75€85€497▲
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€16k€-12k▼
Income taxes67/77€5k€296▼
Profit (loss) for the period9904€11k€-12k▼
Profit (loss) for the period to be appropriated9905€11k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-3k▼
Profit (loss) brought forward from the previous period14P€9k€9k=
Transfer to equity691/2€10k-
To other reserves6921€10k-
Profit to be distributed694/7€1k-
Directors or managers695€1k-
The notes to these accounts (9 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-12k ▼214%
Net result drops to €-12k, the lowest in the series.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €200kEq €287k ▲46.2%
2 profitable years in a row build equity to €287k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 1 establishment unit since 2016
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.
Overhammedreef 289300 AalstGround area
1,832 m²
Parcel 41304G0033/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
EST Consultants
since 20162.257.586.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304G0033/00E000 | Flanders | 1,832 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,555 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2016
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46190Agents in non-specialised wholesale trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.