FRW Consulting
ActiveFRW Consulting has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €53k. Equity is growing by ~59.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-1
Solvency51▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.17 in 2024; short-term debt: 26.7% and cash: 3.8% of total assets), and 74.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
25.6%
Return on assets
9.5%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
20 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€144k▲ 58.9%
2024 · €91k
2023: €36k
2024: €91k
2023 → 2025
Total assets
€562k▲ 2.2%
2024 · €550k
2023: €537k
2024: €550k
2023 → 2025
Net result
€53k▼ 2.8%
2024 · €55k
2023: €33k
2024: €55k
2023 → 2025
Working capital
€-113k▲ 20.0%
2024 · €-142k
2023: €-168k
2024: €-142k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€91k▲ 154%€144k▲ 58.9%
Operating result€51k-€82k▲ 59.3%€88k▲ 7.7%
Net result€33k-€55k▲ 67.7%€53k▼ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562k
Fixed assets
€525k▲ 0.7%
Current assets
€37k▲ 29.9%
Equity and liabilities €562k
Equity
€144k▲ 58.9%
Debt
€418k▼ 9.0%
The debt ratio falls from 83.5% to 74.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▲
2024 · €82k
Cash flow
€53k▼
2024 · €55k
Solvency
25.6%▲
2024 · 16.5%
Current ratio
0.24▲
2024 · 0.17
Quick ratio
0.24▲
2024 · 0.17
Debt / equity
2.91▼
2024 · 5.07
ROE
37.1%▼
2024 · 60.6%
ROA
9.5%▼
2024 · 10.0%
Interest coverage
5.94▼
2024 · 9.56
Debt
€418k▼
2024 · €459k
Debt ≤ 1 year
€150k▼
2024 · €170k
Debt > 1 year
€262k▼
2024 · €289k
Income taxes
€20k▲
2024 · €18k
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€550k€562k▲
Fixed assets21/28€522k€525k▲
Tangible fixed assets22/27-€4k
Leasing and similar rights25-€4k
Financial fixed assets28€522k€522k=
Current assets29/58€28k€37k▲
Amounts receivable within one year40/41€11k€14k▲
Trade receivables40€11k€14k▲
Cash at bank and in hand54/58€17k€21k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€550k€562k▲
Equity10/15€91k€144k▲
Contributions10/11€3k€3k=
Reserves13€88k€141k▲
Distributable reserves133€88k€141k▲
Amounts payable17/49€459k€418k▼
Amounts payable after more than one year17€289k€262k▼
Financial debts170/4€289k€262k▼
Amounts payable within one year42/48€170k€150k▼
Current portion of amounts payable after more than one year42€28k€31k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€36k€46k▲
Taxes450/3€35k€45k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€103k€68k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€133▲
Other operating charges640/8€16€1k▲
Gross operating margin9900€82k€89k▲
Operating profit (loss)9901€82k€88k▲
Financial charges65/66B€9k€15k▲
Recurring financial charges65€9k€15k▲
Profit (loss) for the period before taxes9903€73k€73k=
Income taxes67/77€18k€20k▲
Profit (loss) for the period9904€55k€53k▼
Profit (loss) for the period to be appropriated9905€55k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€53k▼
Transfer to equity691/2€55k€53k▼
To other reserves6921€55k€53k▼
The notes to these accounts (11 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €144k ▲58.9%
3 profitable years in a row build equity to €144k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €55k ▲67.7%
Net result €55k, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Destelbergen · 1 establishment unit since 2023
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.
Bommelsrede(HEU) 229070 DestelbergenGround area
2,937 m²
Parcel 44028D0458/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
FRW Consulting
since 20232.342.461.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028D0458/00P000 | Flanders | 2,937 m² | - | - |
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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.