FROM Consulting
ActiveSummary
FROM Consulting has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245,139 and a net result of €22,896. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+12
Solvency87▲+11
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.06 in 2024; short-term debt: 35.9% and cash: 66.8% of total assets), and 37.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
62.2%
Return on assets
5.8%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
57 d early
2024
4 d late
2023
27 d early
2022
29 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€0
2023 · €0
Total assets
€394,365▼ 37.1%
2024 · €627,130
Net result
€22,896▼ 17.4%
2024 · €27,709
Working capital
€247,576▼ 12.8%
2024 · €283,888
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0€0€0
Operating result€192,244-€120,824▼ 37.2%€88,766▼ 26.5%€51,667▼ 41.8%€39,782▼ 23.0%
Net result€134,770above the sector's middle half-€85,473above the sector's middle half▼ 36.6%€68,507above the sector's middle half▼ 19.8%€27,709within the sector's middle half▼ 59.6%€22,896within the sector's middle half▼ 17.4%
Equity€136,770within the sector's middle half-€222,243within the sector's middle half▲ 62.5%€290,750within the sector's middle half▲ 30.8%€318,459within the sector's middle half▲ 9.5%€245,139within the sector's middle half▼ 23.0%
Total assets€167,089within the sector's middle half-€236,346within the sector's middle half▲ 41.4%€472,942within the sector's middle half▲ 100%€627,130within the sector's middle half▲ 32.6%€394,365within the sector's middle half▼ 37.1%
Debt€30,318-€14,103▼ 53.5%€182,192▲ 1,192%€308,671▲ 69.4%€149,226▼ 51.7%
Working capital€130,965above the sector's middle half-€214,559above the sector's middle half▲ 63.8%€241,544above the sector's middle half▲ 12.6%€283,888above the sector's middle half▲ 17.5%€247,576above the sector's middle half▼ 12.8%
Solvency81.9%above the sector's middle half-94.0%above the sector's middle half▲ 12.2pp61.5%within the sector's middle half▼ 32.6pp50.8%within the sector's middle half▼ 10.7pp62.2%within the sector's middle half▲ 11.4pp
Current ratio5.32above the sector's middle half-16.21above the sector's middle half▲ 10.892.76within the sector's middle half▼ 13.462.06within the sector's middle half▼ 0.692.75within the sector's middle half▲ 0.69
Return on assets (ROA)80.7%above the sector's middle half-36.2%above the sector's middle half▼ 44.5pp14.5%above the sector's middle half▼ 21.7pp4.4%within the sector's middle half▼ 10.1pp5.8%within the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394,365
Fixed assets
€5,350 ▼ 93.0%
Current assets
€389,015 ▼ 29.3%
Equity and liabilities €394,365
Equity
€245,139 ▼ 23.0%
Debt
€149,226 ▼ 51.7%
Debt's share of the balance-sheet total falls from 49.2% to 37.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€42,785▼
2024 · €74,105
Cash flow
€25,899▼
2024 · €50,147
Debt to equity
0.61▼
2024 · 0.97
ROE
9.3%▲
2024 · 8.7%
Interest coverage
8.03▲
2024 · 4.82
Debt ≤ 1 year
€141,439▼
2024 · €266,587
Debt > 1 year
€0▼
2024 · €31,408
Income taxes
€11,556▲
2024 · €8,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 497,340 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% | 1.8% |
| 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% 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 26,975 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | €0 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €522 | €2,427 | €13,027 | €22,438 | €3,002 | ▼ 86.6% |
| Other operating charges640/8 | €5,837 | €732 | €5,723 | €3,285 | €893 | ▼ 72.8% |
| Gross operating margin9900 | €198,603 | €123,983 | €107,516 | €77,390 | €43,677 | ▼ 43.6% |
| Operating profit (loss)9901 | €192,244 | €120,824 | €88,766 | €51,667 | €39,782 | ▼ 23.0% |
| Financial income75/76B | - | - | €1,429 | €0 | - | - |
| Recurring financial income75 | - | - | €1,429 | €0 | - | - |
| Financial charges65/66B | €121 | €469 | €3,417 | €15,381 | €5,330 | ▼ 65.3% |
| Recurring financial charges65 | €121 | €469 | €3,417 | €15,381 | €5,330 | ▼ 65.3% |
| Profit (loss) for the period before taxes9903 | €192,123 | €120,355 | €86,778 | €36,286 | €34,452 | ▼ 5.1% |
| Income taxes67/77 | €57,352 | €34,883 | €18,271 | €8,577 | €11,556 | ▲ 34.7% |
| Profit (loss) for the period9904 | €134,770 | €85,473 | €68,507 | €27,709 | €22,896 | ▼ 17.4% |
| Profit (loss) for the period to be appropriated9905 | €134,770 | €85,473 | €68,507 | €27,709 | €22,896 | ▼ 17.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167,089 | €236,346 | €472,942 | €627,130 | €394,365 | ▼ 37.1% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €5,805 | €7,684 | €93,870 | €76,656 | €5,350 | ▼ 93.0% |
| Tangible fixed assets22/27 | €5,805 | €7,684 | €93,870 | €76,656 | €5,350 | ▼ 93.0% |
| Furniture and vehicles24 | €5,805 | €7,684 | €93,870 | €76,656 | €5,350 | ▼ 93.0% |
| Current assets29/58 | €161,284 | €228,662 | €379,072 | €550,474 | €389,015 | ▼ 29.3% |
| Stocks and contracts in progress3 | - | - | €198,527 | €425,082 | €0 | ▼ 100% |
| Stocks30/36 | - | - | €198,527 | €425,082 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €97,962 | €102,484 | €77,751 | €67,236 | €22,157 | ▼ 67.0% |
| Trade receivables40 | €97,962 | €89,439 | €54,941 | €31,634 | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | €13,045 | €22,810 | €35,602 | €22,157 | ▼ 37.8% |
| Current investments50/53 | - | - | - | - | €100,000 | - |
| Cash at bank and in hand54/58 | €62,758 | €125,485 | €97,436 | €52,004 | €263,495 | ▲ 407% |
| Deferred charges and accrued income490/1 | €563 | €692 | €5,358 | €6,152 | €3,363 | ▼ 45.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167,089 | €236,346 | €472,942 | €627,130 | €394,365 | ▼ 37.1% |
| Equity10/15 | €136,770 | €222,243 | €290,750 | €318,459 | €245,139 | ▼ 23.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €134,770 | €220,243 | €220,243 | €220,243 | €243,139 | ▲ 10.4% |
| Distributable reserves133 | €134,770 | €220,243 | €220,243 | €220,243 | €243,139 | ▲ 10.4% |
| Profit (loss) carried forward14 | - | - | €68,507 | €96,216 | €0 | ▼ 100% |
| Amounts payable17/49 | €30,318 | €14,103 | €182,192 | €308,671 | €149,226 | ▼ 51.7% |
| Amounts payable after more than one year17 | - | - | €43,171 | €31,408 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €43,171 | €31,408 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €30,318 | €14,103 | €137,528 | €266,587 | €141,439 | ▼ 46.9% |
| Current portion of amounts payable after more than one year42 | €0 | - | €11,325 | €11,763 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €80,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €80,000 | €0 | ▼ 100% |
| Trade debts44 | €444 | €1,366 | €1,420 | €26,442 | €2,259 | ▼ 91.5% |
| Suppliers440/4 | €444 | €1,366 | €1,420 | €26,442 | €2,259 | ▼ 91.5% |
| Taxes, remuneration and social security45 | €27,974 | €11,247 | €11,247 | €2,700 | €109,938 | ▲ 3,972% |
| Taxes450/3 | €27,974 | €11,247 | €11,247 | €2,700 | €109,938 | ▲ 3,972% |
| Remuneration and social security454/9 | €0 | €0 | €0 | €0 | €0 | - |
| Other amounts payable47/48 | €1,900 | €1,490 | €113,537 | €145,682 | €29,241 | ▼ 79.9% |
| Accrued charges and deferred income492/3 | - | - | €1,493 | €10,676 | €7,787 | ▼ 27.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134,770 | €85,473 | €68,507 | €27,709 | €22,896 | ▼ 17.4% |
| + Depreciation and write-downs630 | €522 | €2,427 | €13,027 | €22,438 | €3,002 | ▼ 86.6% |
| Operating cash flow (approximation) | €135,292 | €87,899 | €81,534 | €50,147 | €25,899 | ▼ 48.4% |
| Investment in fixed assets (approximation) | - | -€4,306 | -€99,213 | -€5,224 | €68,303 | ▲ 1,408% |
| Change in cash | - | €62,727 | -€28,049 | -€45,432 | €211,491 | ▲ 566% |
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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €22,896 ▼17.4%
Net result drops to €22,896, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 16.21
Current ratio from 5.32 to 16.21; short-term debt falls from €30,318 to €14,103.
31-12
Financial
Equity above €200,000Eq €222,243 ▲62.5%
2 profitable years in a row build equity to €222,243.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Tintigny · 1 establishment unit since 2021
Ground area
854 m²
Building footprint
155 m²
Volume, LiDAR
884 m³
Parcel 85039E0333/00L000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FROM Consulting
since 20212.313.560.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85039E0333/00L000 | Wallonia | 854 m² | 1 · 155 m² | 7.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
EPROX
BE 0888.085.082
Antwerpen · Eq €245,133
CORBEAU TERRA FORM II
BE 0802.837.425
Oostende · Eq €245,092
seven hills real estate
BE 0864.676.014
Elsene · Eq €245,212
K INVESTMENTS
BE 0895.589.320
Etalle · Eq €245,002
DYAS
BE 0874.997.507
Chaumont-Gistoux · Eq €245,283
Of 9,695 companies in sector 68121 we hold annual accounts for 7,392. 5,253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763524711
Also
9925:BE0763524711
Registered
11-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.