Skip to content

FDB CONSULT +

Active
Private limited companyfounded 2012active for 14 yearsRue de Saint Remy(ARG) 36, 4601 Visé, BelgiumKBO/BCE: BE 0845.309.963
Summary

FDB CONSULT + has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,251 and a net result of €7,929. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 84% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (12 days) Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00397321.

Equity
€99,251▲ 8.7%
2024 · €91,322
Total assets
€115,843▲ 17.2%
2024 · €98,883
Net result
€7,929▲ 85.8%
2024 · €4,267
Working capital
€92,243▲ 20.4%
2024 · €76,606
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 57% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,431 2025 Net result€7,929 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€74,443-€47,441▼ 36.3%€52,875▲ 11.5%€34,193▼ 35.3%€30,317▼ 11.3%€17,797▼ 41.3%€8,549▼ 52.0%€13,431▲ 57.1%
Net result€65,840-€37,085▼ 43.7%€37,518within the sector's middle half▲ 1.2%€21,899within the sector's middle half▼ 41.6%€19,622within the sector's middle half▼ 10.4%€11,418within the sector's middle half▼ 41.8%€4,267within the sector's middle half▼ 62.6%€7,929within the sector's middle half▲ 85.8%
Equity-€40,487--€3,402▲ 91.6%€34,116within the sector's middle half€56,015within the sector's middle half▲ 64.2%€75,637within the sector's middle half▲ 35.0%€87,055within the sector's middle half▲ 15.1%€91,322within the sector's middle half▲ 4.9%€99,251within the sector's middle half▲ 8.7%
Total assets€63,205-€65,487▲ 3.6%€80,227within the sector's middle half▲ 22.5%€135,054within the sector's middle half▲ 68.3%€131,730within the sector's middle half▼ 2.5%€110,064within the sector's middle half▼ 16.4%€98,883within the sector's middle half▼ 10.2%€115,843within the sector's middle half▲ 17.2%
Debt€103,692-€68,889▼ 33.6%€46,111▼ 33.1%€79,039▲ 71.4%€56,092▼ 29.0%€23,009▼ 59.0%€7,561▼ 67.1%€16,592▲ 119%
Working capital-€7,327--€3,896▲ 46.8%€34,029within the sector's middle half€42,286within the sector's middle half▲ 24.3%€57,183within the sector's middle half▲ 35.2%€70,831within the sector's middle half▲ 23.9%€76,606within the sector's middle half▲ 8.2%€92,243within the sector's middle half▲ 20.4%
Solvency-64.1%--5.2%▲ 58.9pp42.5%within the sector's middle half▲ 47.7pp41.5%within the sector's middle half▼ 1.0pp57.4%within the sector's middle half▲ 15.9pp79.1%above the sector's middle half▲ 21.7pp92.4%above the sector's middle half▲ 13.3pp85.7%above the sector's middle half▼ 6.7pp
Current ratio0.90-0.94▲ 0.051.75within the sector's middle half▲ 0.801.67within the sector's middle half▼ 0.072.12within the sector's middle half▲ 0.454.14within the sector's middle half▲ 2.0111.72above the sector's middle half▲ 7.586.57above the sector's middle half▼ 5.15
Return on assets (ROA)104.2%-56.6%▼ 47.5pp46.8%above the sector's middle half▼ 9.9pp16.2%within the sector's middle half▼ 30.5pp14.9%within the sector's middle half▼ 1.3pp10.4%within the sector's middle half▼ 4.5pp4.3%within the sector's middle half▼ 6.1pp6.8%within the sector's middle half▲ 2.5pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,843
Fixed assets €7,029 ▼ 53.5%
Current assets €108,814 ▲ 29.9%
Equity and liabilities €115,843
Equity €99,251 ▲ 8.7%
Debt €16,592 ▲ 119%
Debt's share of the balance-sheet total rises from 7.6% to 14.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,530▲
2024 · €16,104
Cash flow
€16,028▲
2024 · €11,822
Debt to equity
0.17▲
2024 · 0.08
ROE
8.0%▲
2024 · 4.7%
Interest coverage
over 100▲
2024 · 45.09
Debt ≤ 1 year
€16,571▲
2024 · €7,149
Income taxes
€5,637▲
2024 · €4,259
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€98,883€115,843▲
Fixed assets21/28€15,128€7,029▼
Tangible fixed assets22/27€15,054€6,955▼
Furniture and vehicles24€15,054€6,955▼
Financial fixed assets28€74€74=
Current assets29/58€83,755€108,814▲
Amounts receivable within one year40/41€1,610€3,685▲
Trade receivables40-€523
Other amounts receivable41€1,610€3,162▲
Cash at bank and in hand54/58€81,549€104,502▲
Deferred charges and accrued income490/1€596€627▲
Equity and liabilities
Total equity and liabilities10/49€98,883€115,843▲
Equity10/15€91,322€99,251▲
Contributions10/11€6,200€6,200=
Reserves13€128,360€136,260▲
Distributable reserves133€128,360€136,260▲
Profit (loss) carried forward14-€43,238-€43,209▲
Amounts payable17/49€7,561€16,592▲
Amounts payable within one year42/48€7,149€16,571▲
Trade debts44€826€4,252▲
Suppliers440/4€826€4,252▲
Taxes, remuneration and social security45€4,039€10,041▲
Taxes450/3€3,500€5,636▲
Remuneration and social security454/9€539€4,405▲
Other amounts payable47/48€2,284€2,278▼
Accrued charges and deferred income492/3€412€21▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,555€8,099▲
Other operating charges640/8€1,227€922▼
Gross operating margin9900€17,331€22,452▲
Operating profit (loss)9901€8,549€13,431▲
Financial income75/76B€335€334=
Recurring financial income75€335€334=
Financial charges65/66B€357€200▼
Recurring financial charges65€357€200▼
Profit (loss) for the period before taxes9903€8,526€13,565▲
Income taxes67/77€4,259€5,637▲
Profit (loss) for the period9904€4,267€7,929▲
Profit (loss) for the period to be appropriated9905€4,267€7,929▲
Appropriation of the result
Profit (loss) to be appropriated9906-€39,038-€35,309▲
Profit (loss) brought forward from the previous period14P-€43,305-€43,238▲
Transfer to equity691/2€4,200€7,900▲
To other reserves6921€4,200€7,900▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€464€464€4,407€6,911€6,958€7,555€8,099▲ 7.2%
Other operating charges640/8---€1,977€1,981€1,095€1,227€922▼ 24.8%
Gross operating margin9900€75,555€48,698€57,062€40,577€39,210€25,851€17,331€22,452▲ 29.5%
Operating profit (loss)9901€74,443€47,441€52,875€34,193€30,317€17,797€8,549€13,431▲ 57.1%
Financial income75/76B----€220€508€335€334=
Recurring financial income75€14€24--€220€508€335€334=
Financial charges65/66B---€1,187€585€530€357€200▼ 44.1%
Recurring financial charges65€5,130€6,697€5,197€1,187€585€530€357€200▼ 44.1%
Profit (loss) for the period before taxes9903€69,327€40,768€47,678€33,006€29,951€17,775€8,526€13,565▲ 59.1%
Income taxes67/77€3,486€3,684€10,160€11,107€10,329€6,357€4,259€5,637▲ 32.3%
Profit (loss) for the period9904€65,840€37,085€37,518€21,899€19,622€11,418€4,267€7,929▲ 85.8%
Profit (loss) for the period to be appropriated9905€65,840€37,085€37,518€21,899€19,622€11,418€4,267€7,929▲ 85.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€63,205€65,487€80,227€135,054€131,730€110,064€98,883€115,843▲ 17.2%
Fixed assets21/28€74€1,003€539€29,912€23,608€16,649€15,128€7,029▼ 53.5%
Tangible fixed assets22/27-€929€464€29,838€23,533€16,575€15,054€6,955▼ 53.8%
Furniture and vehicles24---€29,838€23,533€16,575€15,054€6,955▼ 53.8%
Financial fixed assets28€74€74€74€74€74€74€74€74=
Current assets29/58€63,131€64,484€79,688€105,142€108,122€93,415€83,755€108,814▲ 29.9%
Amounts receivable within one year40/41-€2,796€1,602€6,506€8,303€13,926€1,610€3,685▲ 129%
Trade receivables40---€6,506-€1,783-€523-
Other amounts receivable41----€8,303€12,142€1,610€3,162▲ 96.4%
Cash at bank and in hand54/58€63,131€61,688€78,086€98,489€99,670€79,327€81,549€104,502▲ 28.1%
Deferred charges and accrued income490/1---€147€149€162€596€627▲ 5.2%
Equity and liabilities
Total equity and liabilities10/49€63,205€65,487€80,227€135,054€131,730€110,064€98,883€115,843▲ 17.2%
Equity10/15-€40,487-€3,402€34,116€56,015€75,637€87,055€91,322€99,251▲ 8.7%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€36,860€71,860€93,660€113,160€124,160€128,360€136,260▲ 6.2%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€91,800€111,300€124,160€128,360€136,260▲ 6.2%
Profit (loss) carried forward14-€48,547-€46,462-€43,944-€43,845-€43,723-€43,305-€43,238-€43,209▲ 0.1%
Amounts payable17/49€103,692€68,889€46,111€79,039€56,092€23,009€7,561€16,592▲ 119%
Amounts payable after more than one year17€33,022--€15,724€4,651----
Financial debts170/4---€15,724€4,651----
Amounts payable within one year42/48€70,458€68,379€45,659€62,856€50,939€22,584€7,149€16,571▲ 132%
Current portion of amounts payable after more than one year42---€10,947€11,073€4,651---
Trade debts44€3,964€3,096€3,723€5,414€834€2,210€826€4,252▲ 415%
Suppliers440/4---€5,414€834€2,210€826€4,252▲ 415%
Taxes, remuneration and social security45---€36,943€39,032€15,722€4,039€10,041▲ 149%
Taxes450/3---€31,443€34,532€15,722€3,500€5,636▲ 61.0%
Remuneration and social security454/9---€5,500€4,500-€539€4,405▲ 717%
Other amounts payable47/48---€9,551--€2,284€2,278▼ 0.3%
Accrued charges and deferred income492/3---€459€503€425€412€21▼ 95.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€65,840€37,085€37,518€21,899€19,622€11,418€4,267€7,929▲ 85.8%
+ Depreciation and write-downs630-€464€464€4,407€6,911€6,958€7,555€8,099▲ 7.2%
Operating cash flow (approximation)€65,840€37,549€37,982€26,307€26,533€18,376€11,822€16,028▲ 35.6%
Investment in fixed assets (approximation)--€1,393€0-€33,780-€607€0-€6,034€0-
Change in cash--€1,443€16,398€20,403€1,181-€20,343€2,222€22,953▲ 933%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 12-08-2026 2026-00397321
31-12-2024 micro format 30-08-2025 2025-00467905
31-12-2023 micro format 21-08-2024 2024-00361521
31-12-2022 micro format 07-08-2023 2023-00320124
31-12-2021 micro format 30-08-2022 2022-20402009
31-12-2020 micro format 15-11-2021 2021-77200480
31-12-2019 micro format 30-10-2020 2020-66600084
31-12-2018 micro format 16-08-2019 2019-46800214
31-12-2017 full format 28-08-2018 2018-57900239
31-12-2016 full format 19-06-2017 2017-17900419

Show all 14 filings

Similar companies · same sector, comparable size

Of the 82,360 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,892. 41,620 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.