FS CONSULTING
ActiveFS CONSULTING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €-28k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 19% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
7
/ 100
Critical▼ -67 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-20
Solvency13▼-28
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 1.77 in 2024), and 87.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-7.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 31487 sector peers (2025).
NBB · sector comparisonPosition among 31487 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
17 d early
2023
65 d late
2022
29 d late
2021
3 d early
2020
8 d early
2019
25 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 36.1%
2024 · €76k
2018: €71k
2019: €73k
2020: €69k
2021: €72k
2022: €73k
2023: €73k
2024: €76k
2018 → 2025
Total assets
€379k▼ 3.9%
2024 · €394k
2018: €105k
2019: €109k
2020: €103k
2021: €109k
2022: €263k
2023: €400k
2024: €394k
2018 → 2025
Net result
€-28k
2024 · €3k
2018: €-12k
2019: €2k
2020: €-4k
2021: €3k
2022: €735
2023: €547
2024: €3k
2018 → 2025
Working capital
€-19k
2024 · €28k
2018: €57k
2019: €58k
2020: €37k
2021: €34k
2022: €33k
2023: €58k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€73k▲ 1.0%€73k▲ 0.8%€76k▲ 4.0%€49k▼ 36.1%
Operating result€15k-€17k▲ 14.8%€40k▲ 135%€22k▼ 46.2%€-18k
Net result€3k-€735▼ 78.8%€547▼ 25.5%€3k▲ 469%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €22k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €379k
Fixed assets
€334k▲ 1.5%
Current assets
€45k▼ 31.3%
Equity and liabilities €379k
Equity
€49k▼ 36.1%
Debt
€330k▲ 3.8%
The debt ratio rises from 80.6% to 87.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1k▼
2024 · €36k
Cash flow
€-9k▼
2024 · €18k
Solvency
12.9%▼
2024 · 19.4%
Current ratio
0.70▼
2024 · 1.77
Quick ratio
0.70▼
2024 · 1.77
Debt / equity
6.77▲
2024 · 4.17
ROE
-56.5%▼
2024 · 4.1%
ROA
-7.3%▼
2024 · 0.8%
Interest coverage
0.12▼
2024 · 3.55
Debt
€330k▲
2024 · €318k
Debt ≤ 1 year
€63k▲
2024 · €37k
Debt > 1 year
€267k▼
2024 · €281k
Income taxes
€1k▼
2024 · €8k
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€394k€379k▼
Fixed assets21/28€329k€334k▲
Tangible fixed assets22/27€329k€334k▲
Land and buildings22€307k€297k▼
Furniture and vehicles24€22k€37k▲
Current assets29/58€65k€45k▼
Amounts receivable within one year40/41€22k€26k▲
Trade receivables40€7k€22k▲
Other amounts receivable41€14k€4k▼
Cash at bank and in hand54/58€42k€16k▼
Deferred charges and accrued income490/1€933€2k▲
Equity and liabilities
Total equity and liabilities10/49€394k€379k▼
Equity10/15€76k€49k▼
Contributions10/11€12k€12k=
Reserves13€52k€52k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€12k€-15k▼
Amounts payable17/49€318k€330k▲
Amounts payable after more than one year17€281k€267k▼
Financial debts170/4€281k€267k▼
Amounts payable within one year42/48€37k€63k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€17k€6k▼
Taxes450/3€17k€6k▼
Other amounts payable47/48-€41k
Accrued charges and deferred income492/3€138-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€38k€3k▼
Operating profit (loss)9901€22k€-18k▼
Financial income75/76B€179€217▲
Recurring financial income75€179€217▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€12k€-26k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€3k€-28k▼
Profit (loss) for the period to be appropriated9905€3k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-15k▼
Profit (loss) brought forward from the previous period14P€9k€12k▲
The notes to these accounts (10 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Weakest financial yearnet €-28k ▼986%
Net result drops to €-28k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2009
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.
Delleurlaan 45/471170 Watermaal-BosvoordeGround area
1,764 m²
Building footprint
400 m²
Volume, LiDAR
1,726 m³
2 parcels, Brussels, Flanders · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ratelbergstraat 8, 3090 Overijse
since 20092.178.205.076
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0053/00L002 | Flanders | 1,034 m² | 1 · 203 m² | - |
| 21652E0289/00H002 | Brussels | 730 m² | 1 · 197 m² | 14.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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Prosolco
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TC Investments
BE 1000.042.581
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Yellowstone Services
BE 1009.071.895
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BBA CONSULTING
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 37,931 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2009
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
61300Telecommunications
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.