Format Consulting
ActiveSummary
Format Consulting has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,283 and a net result of €17,424. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-23
Solvency35▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.38 in 2024; short-term debt: 10.4% and cash: 0.5% of total assets), and 90.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
9.6%
Return on assets
3.5%
Age of the figures
12 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
1819202122232425
2018 to 2025 · latest year €47,283
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-03-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
159 d early
2023
188 d early
2022
138 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 78 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 13 December (4 of the last 5 filed years within 80 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€47,283▲ 53.9%
2024 · €30,718
Total assets
€493,090▲ 518%
2024 · €79,815
Net result
€17,424▼ 9.1%
2024 · €19,161
Working capital
-€34,416▼ 50.0%
2024 · -€22,951
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,641€16,964▲ 34.2%€14,707▼ 13.3%€34,398▲ 134%€35,420▲ 3.0%
Net result€9,113€11,179▲ 22.7%€5,028▼ 55.0%€19,161▲ 281%€17,424▼ 9.1%
Equity-€9,649▲ 48.6%€1,529€11,557▲ 656%€30,718▲ 166%€47,283▲ 53.9%
Total assets€31,462▲ 67.3%€46,314▲ 47.2%€57,653▲ 24.5%€79,815▲ 38.4%€493,090▲ 518%
Debt€41,112▲ 9.4%€44,785▲ 8.9%€46,095▲ 2.9%€49,097▲ 6.5%€445,807▲ 808%
Working capital€5,067€951▼ 81.2%-€6,662-€22,951▼ 244%-€34,416▼ 50.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493,090
Fixed assets
€476,417 ▲ 622%
Current assets
€16,672 ▲ 20.7%
Equity and liabilities €493,090
Equity
€47,283 ▲ 53.9%
Debt
€445,807 ▲ 808%
Debt's share of the balance-sheet total rises from 61.5% to 90.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54,959▲
2024 · €46,246
Cash flow
€36,963▲
2024 · €31,009
Current ratio
0.33▼
2024 · 0.38
Debt to equity
9.43▲
2024 · 1.60
ROE
36.8%▼
2024 · 62.4%
ROA
3.5%▼
2024 · 24.0%
Interest coverage
5.22▲
2024 · 4.98
Debt ≤ 1 year
€51,088▲
2024 · €36,769
Debt > 1 year
€394,719▲
2024 · €12,327
Income taxes
€7,472▲
2024 · €5,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
2.5%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 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% | 1.9% |
| 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 1,216 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,926 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €170 | €2,755 | €11,848 | €19,540 | ▲ 64.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €13,913 | - | €1,430 | - |
| Other operating charges640/8 | €961 | €261 | €241 | €730 | €1,946 | ▲ 166% |
| Gross operating margin9900 | €13,602 | €17,396 | €31,616 | €46,976 | €58,335 | ▲ 24.2% |
| Operating profit (loss)9901 | €12,641 | €16,964 | €14,707 | €34,398 | €35,420 | ▲ 3.0% |
| Financial income75/76B | - | - | €1 | €0 | €0 | ▼ 93.5% |
| Recurring financial income75 | - | - | €1 | €0 | €0 | ▼ 93.5% |
| Financial charges65/66B | €764 | €1,575 | €6,719 | €9,288 | €10,524 | ▲ 13.3% |
| Recurring financial charges65 | €764 | €1,575 | €6,719 | €9,288 | €10,524 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €11,877 | €15,389 | €7,989 | €25,111 | €24,896 | ▼ 0.9% |
| Income taxes67/77 | €2,764 | €4,210 | €2,961 | €5,950 | €7,472 | ▲ 25.6% |
| Profit (loss) for the period9904 | €9,113 | €11,179 | €5,028 | €19,161 | €17,424 | ▼ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €9,113 | €11,179 | €5,028 | €19,161 | €17,424 | ▼ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,462 | €46,314 | €57,653 | €79,815 | €493,090 | ▲ 518% |
| Fixed assets21/28 | - | €579 | €19,619 | €65,996 | €476,417 | ▲ 622% |
| Tangible fixed assets22/27 | - | €579 | €19,619 | €65,996 | €475,780 | ▲ 621% |
| Land and buildings22 | - | - | - | - | €437,924 | - |
| Plant, machinery and equipment23 | - | - | €1,732 | €1,089 | €445 | ▼ 59.1% |
| Furniture and vehicles24 | - | €579 | €329 | €79 | €1,947 | ▲ 2,354% |
| Other tangible fixed assets26 | - | - | €17,558 | €64,829 | €35,464 | ▼ 45.3% |
| Financial fixed assets28 | - | - | - | - | €638 | - |
| Current assets29/58 | €31,462 | €45,735 | €38,033 | €13,818 | €16,672 | ▲ 20.7% |
| Amounts receivable after more than one year29 | €22,773 | - | - | - | - | - |
| Other amounts receivable291 | €22,773 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €8,689 | €45,232 | €27,652 | €10,315 | €13,968 | ▲ 35.4% |
| Trade receivables40 | €8,652 | €40,148 | €25,757 | €10,241 | €13,121 | ▲ 28.1% |
| Other amounts receivable41 | €36 | €5,084 | €1,895 | €74 | €847 | ▲ 1,051% |
| Cash at bank and in hand54/58 | €1 | €503 | €381 | €3,504 | €2,677 | ▼ 23.6% |
| Deferred charges and accrued income490/1 | - | - | €10,000 | - | €28 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,462 | €46,314 | €57,653 | €79,815 | €493,090 | ▲ 518% |
| Equity10/15 | -€9,649 | €1,529 | €11,557 | €30,718 | €47,283 | ▲ 53.9% |
| Contributions10/11 | €18,600 | €18,600 | €23,600 | €23,600 | €23,600 | = |
| Reserves13 | €599 | €599 | €599 | €599 | €599 | = |
| Non-distributable reserves130/1 | €599 | €599 | €599 | €599 | €599 | = |
| Reserves not available under the articles1311 | €599 | €599 | €599 | €599 | €599 | = |
| Profit (loss) carried forward14 | -€28,848 | -€17,669 | -€12,642 | €6,519 | €23,084 | ▲ 254% |
| Amounts payable17/49 | €41,112 | €44,785 | €46,095 | €49,097 | €445,807 | ▲ 808% |
| Amounts payable after more than one year17 | €14,716 | - | - | €12,327 | €394,719 | ▲ 3,102% |
| Financial debts170/4 | €14,716 | - | - | €12,327 | €394,719 | ▲ 3,102% |
| Amounts payable within one year42/48 | €26,395 | €44,785 | €44,695 | €36,769 | €51,088 | ▲ 38.9% |
| Current portion of amounts payable after more than one year42 | - | €4,347 | €5,300 | €8,133 | €28,499 | ▲ 250% |
| Financial debts43 | €15 | - | - | - | - | - |
| Credit institutions430/8 | €15 | - | - | - | - | - |
| Trade debts44 | €9,886 | €21,323 | €26,482 | €10,753 | €9,974 | ▼ 7.3% |
| Suppliers440/4 | €9,886 | €21,323 | €26,482 | €10,753 | €9,974 | ▼ 7.3% |
| Taxes, remuneration and social security45 | €16,494 | €19,115 | €12,913 | €17,883 | €11,757 | ▼ 34.3% |
| Taxes450/3 | €16,494 | €19,115 | €12,913 | €17,883 | €11,757 | ▼ 34.3% |
| Other amounts payable47/48 | - | - | - | - | €859 | - |
| Accrued charges and deferred income492/3 | - | - | €1,400 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,113 | €11,179 | €5,028 | €19,161 | €17,424 | ▼ 9.1% |
| + Depreciation and write-downs630 | - | €170 | €2,755 | €11,848 | €19,540 | ▲ 64.9% |
| Operating cash flow (approximation) | €9,113 | €11,349 | €7,783 | €31,009 | €36,963 | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | - | -€21,796 | -€58,225 | -€429,960 | ▼ 638% |
| Change in cash | - | €502 | -€122 | €3,122 | -€826 | ▼ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Highest result since 2018net €19,161 ▲281%
Net result €19,161, the highest in the series.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €9,113
Net result €9,113 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€8,227
Net result drops to -€8,227, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 159 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Beringen · 1 establishment unit since 1986
Ground area
3,235 m²
Building footprint
1,261 m²
Volume, LiDAR
373 m³
Parcel 71004C0308/00D000, Flanders · tallest building 9.1 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FORMAT CONSULTING
since 19862.030.493.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004C0308/00D000 | Flanders | 3,235 m² | 1 · 1,260 m² | 9.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-1986
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Contact
E-mail
kristof.ector@gmail.comBeringen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430047421
Registered
22-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.