Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
The 2025 accounts came 3 days late. The other three were filed on time.
Lower solvency than 91% of companies in head offices and management consultancy. Sector median 55.5% · 39,342 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 8% of them on solvency, 5% on liquidity, 9% on profitability and 1% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,008 companies had the same profile as Frederik Volckaert Consulting has now. Each dot stands for 16 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Frederik Volckaert Consulting itself is lower: 0.3% within 12 months. It rests on far more data about Frederik Volckaert Consulting than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for Frederik Volckaert Consulting. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.82 (0.95 in 2024), below 1. Short-term debt is 105.8% and cash 9.1% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 2 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Frederik Volckaert Consulting Lokeren | €12,733 | €339 | -5.8% | - |
| Go With The Flow Sint-Niklaas | €13,757 | -€171 | -1033.9% | - |
| Kuma Capital Consulting Ghent | €11,096 | -€4,993 | 96.0% | - |
| Kameleongroep Ghent | €15,800 | -€67,521 | -345.0% | - |
| PerfectOps 4.0 Haaltert | €12,070 | -€9,483 | 60.3% | - |
| BRIGERA Beveren-Kruibeke-Zwijndrecht | €16,351 | -€36,864 | -146.0% | - |
| AVIATORS FACTORY Ramillies | €12,906 | -€2,904 | 57.3% | - |
These companies have the same main activity as Frederik Volckaert Consulting: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €11,100 and €16,400, founded between 2020 and 2021.
Frederik Volckaert Consulting files the micro format. That format states no turnover. The gross margin rose from -€2,115 in 2022 to €339 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.