ETUGEST CONSULT
ActiveETUGEST CONSULT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €2k. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1894 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-34
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
cash: 1.3% of total assets, and 0% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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
100%
Return on assets
11.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €17k
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
36 d early
2023
12 d late
2022
57 d early
2021
12 d early
2020
32 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 12.9%
2024 · €15k
2019: €42k
2020: €43k
2021: €42k
2022: €31k
2023: €6k
2024: €15k
2019 → 2025
Total assets
€17k▲ 12.9%
2024 · €15k
2019: €42k
2020: €43k
2021: €42k
2022: €31k
2023: €6k
2024: €15k
2019 → 2025
Net result
€2k▼ 78.6%
2024 · €9k
2019: €103
2020: €481
2021: €-1k
2022: €-10k
2023: €-25k
2024: €9k
2019 → 2025
Working capital
Not included in this filing
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€31k▼ 24.7%€6k▼ 80.4%€15k▲ 150%€17k▲ 12.9%
Operating result€-1k-€-10k▼ 726%€-25k▼ 146%€9k€2k▼ 78.7%
Net result€-1k-€-10k▼ 700%€-25k▼ 145%€9k€2k▼ 78.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Key figures and ratios
Solvency
100.0%=
2024 · 100.0%
ROE
11.4%▼
2024 · 60.1%
ROA
11.4%▼
2024 · 60.1%
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€15k€17k▲
Current assets29/58€15k€17k▲
Amounts receivable within one year40/41€15k€17k▲
Other amounts receivable41€15k€17k▲
Cash at bank and in hand54/58€225€225=
Equity and liabilities
Total equity and liabilities10/49€15k€17k▲
Equity10/15€15k€17k▲
Contributions10/11€26k€26k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-13k€-11k▲
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€10k€2k▼
Operating profit (loss)9901€9k€2k▼
Financial charges65/66B€45-
Recurring financial charges65€45-
Profit (loss) for the period before taxes9903€9k€2k▼
Profit (loss) for the period9904€9k€2k▼
Profit (loss) for the period to be appropriated9905€9k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-11k▲
Profit (loss) brought forward from the previous period14P€-22k€-13k▲
The notes to these accounts (3 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
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
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, Zaventem · 1 establishment unit since 2011
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.
Excelsiorlaan 251930 ZaventemGround area
1,915 m²
Building footprint
615 m²
Volume, LiDAR
4,316 m³
Parcel 23094D0045/00Y000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Excelsiorlaan 25, 1930 Zaventem
since 20112.199.955.941
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00Y000 | Flanders | 1,914 m² | 1 · 615 m² | 10.1 m · 2 fl. |
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.
Similar companies · same sector, comparable size
GREENWOOD BUILDING CONSTRUCTION
BE 0540.924.359
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A.M.S.
BE 0766.772.330
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Monniken Lab
BE 0643.903.618
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CONSEPT
BE 0787.765.110
Roeselare · Eq €17k
FINEX MANAGEMENT
BE 0783.430.495
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Of 3,151 companies in sector 63920 we hold annual accounts for 1,522. 1,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2011
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.