FTP
ActiveSummary
FTP has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200,907 and a net result of €87,497. Its solvency ranks better than 71% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-10-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 5 others
- Establishment unit
- 2.351.001.371 2990 Wuustwezel, since 06-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €126,180
- ▼ 15.0%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €87,497
- ▼ 15.4%
- Equity
- €200,907
- ▲ 77.2%
- Total assets
- €268,175
- ▲ 45.6%
- 2025 accounts filed 56 days after the deadline
Score breakdownraises riskLast filed accounts filed 56 days late; 2 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 3.96, cash €230,164Equity €200,907 (74.9% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
100+13
equity 74.9% of total assets
Liquidity
91+49
short-term debt 24.8% · cash 85.8%
Profitability
100=
return on assets 32.6%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.3%▼ -0.3 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value
10-2026: < 0.1%▼ -0.8 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.96 (2.53 in 2024), above the usual 1.5. Short-term debt is 24.8% and cash 85.8% of total assets. 25.1% of the assets are financed with debt and provisions.
Calculation
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 72% of them on solvency, 84% on liquidity, 84% on profitability and 86% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
56 days late
2024
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 59 days after 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 56 days after the deadline Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00524669.
Annual accounts 2025 filed on 25-09-2026 at the NBB all 2 filings
Turnover
≈ €210,000
Estimated: probably between €180,000 and €250,000
Total assets
€268,175▲ 45.6%
2024 · €184,179
Net result
€87,497▼ 15.4%
2024 · €103,410
Working capital
€196,642▲ 81.4%
2024 · €108,410
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€123,852
▼ 15.4%
2025
20242025
Net result
€87,497
▼ 15.4%
2025
highest quarter of the sector
20242025
Equity
€200,907
▲ 77.2%
2025
middle half of the sector
20242025
Total assets
€268,175
▲ 45.6%
2025
middle half of the sector
20242025
Debt
€67,268
▼ 4.9%
2025
20242025
Working capital
€196,642
▲ 81.4%
2025
highest quarter of the sector
20242025
Solvency
74.9%
▲ 13.3pp
2025
middle half of the sector
20242025
Current ratio
3.96
▲ 1.42
2025
middle half of the sector
20242025
Return on assets (ROA)
32.6%
▼ 23.5pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€146,455-€123,852▼ 15.4%
Net result€103,410above the sector's middle half-€87,497above the sector's middle half▼ 15.4%
Equity€113,410within the sector's middle half-€200,907within the sector's middle half▲ 77.2%
Total assets€184,179within the sector's middle half-€268,175within the sector's middle half▲ 45.6%
Debt€70,770-€67,268▼ 4.9%
Working capital€108,410within the sector's middle half-€196,642above the sector's middle half▲ 81.4%
Solvency61.6%within the sector's middle half-74.9%within the sector's middle half▲ 13.3pp
Current ratio2.53within the sector's middle half-3.96within the sector's middle half▲ 1.42
Return on assets (ROA)56.1%above the sector's middle half-32.6%within the sector's middle half▼ 23.5pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 15% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268,175
Fixed assets
€5,000 =
Current assets
€263,175 ▲ 46.9%
Equity and liabilities €268,175
Equity
€200,907 ▲ 77.2%
Debt
€67,268 ▼ 4.9%
Debt's share of the balance-sheet total falls from 38.4% to 25.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123,852▼
2024 · €147,060
Cash flow
€87,497▼
2024 · €104,015
Debt to equity
0.33▼
2024 · 0.62
ROE
43.6%▼
2024 · 91.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€66,533▼
2024 · €70,770
Income taxes
€36,032▼
2024 · €42,866
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €605 | - |
| Financial fixed assets | €5,000 | - |
| Depreciation and write-downs of the year | €605 | €0 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €605 | €0 | ▼ 100% |
| Other operating charges640/8 | €1,391 | €2,328 | ▲ 67.3% |
| Gross operating margin9900 | €148,452 | €126,180 | ▼ 15.0% |
| Operating profit (loss)9901 | €146,455 | €123,852 | ▼ 15.4% |
| Financial income75/76B | - | €5 | - |
| Recurring financial income75 | - | €5 | - |
| Financial charges65/66B | €179 | €328 | ▲ 82.8% |
| Recurring financial charges65 | €179 | €328 | ▲ 82.8% |
| Profit (loss) for the period before taxes9903 | €146,276 | €123,529 | ▼ 15.6% |
| Income taxes67/77 | €42,866 | €36,032 | ▼ 15.9% |
| Profit (loss) for the period9904 | €103,410 | €87,497 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €103,410 | €87,497 | ▼ 15.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €184,179 | €268,175 | ▲ 45.6% |
| Fixed assets21/28 | €5,000 | €5,000 | = |
| Financial fixed assets28 | €5,000 | €5,000 | = |
| Current assets29/58 | €179,179 | €263,175 | ▲ 46.9% |
| Amounts receivable within one year40/41 | €161,706 | €30,929 | ▼ 80.9% |
| Trade receivables40 | €131,285 | €30,750 | ▼ 76.6% |
| Other amounts receivable41 | €30,421 | €179 | ▼ 99.4% |
| Cash at bank and in hand54/58 | €14,107 | €230,164 | ▲ 16× |
| Deferred charges and accrued income490/1 | €3,367 | €2,083 | ▼ 38.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €184,179 | €268,175 | ▲ 45.6% |
| Equity10/15 | €113,410 | €200,907 | ▲ 77.2% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €103,410 | €190,907 | ▲ 84.6% |
| Distributable reserves133 | €103,410 | €190,907 | ▲ 84.6% |
| Amounts payable17/49 | €70,770 | €67,268 | ▼ 4.9% |
| Amounts payable within one year42/48 | €70,770 | €66,533 | ▼ 6.0% |
| Trade debts44 | €2,152 | €94 | ▼ 95.6% |
| Suppliers440/4 | €2,152 | €94 | ▼ 95.6% |
| Taxes, remuneration and social security45 | €68,337 | €66,439 | ▼ 2.8% |
| Taxes450/3 | €68,337 | €66,439 | ▼ 2.8% |
| Other amounts payable47/48 | €281 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €736 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €103,410 | €87,497 | ▼ 15.4% |
| + Depreciation and write-downs630 | €605 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €104,015 | €87,497 | ▼ 15.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €216,057 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as FTP has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.9%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
The bankruptcy probability of FTP itself is lower: < 0.1% within 12 months. It rests on far more data about FTP than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for FTP. 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.
Board & ownership
Directors
Directors
1 director, no change since 2023
QUIRIJNEN Stef
Current
Director (not named in the articles) · appointed in the act of 10-10-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 25-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-10-2023Owners and capital
Shareholders
At incorporation
act of 10-10-2023 ↗
- QUIRIJNEN Stef sole founder · 100% at incorporation
Capital transactions
Capital over time
- 10-10-2023 Incorporation · €10,000 · 100 shares
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €283,964 Profit of €56,907 in 2025 (profit of €217,057 in 2024) Checked score 5350%
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
MARSWEG-NEERVEN
via QUIRIJNEN Stef · Director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
25-09
micro format · 56 days late
2025
31-12
Financial
Equity above €200,000equity €200,907 ▲77.2%
With a profit in every financial year since 2024, equity grows to €200,907.
30-09
micro format · 61 days late
2023
10-10
Gazette deed
IncorporationStarting capital €10,000 · Appointment: QUIRIJNEN Stef (director) · Name clause · Legal form clause10 points ▸
Gazette deed
Incorporation
Starting capital €10,000 · Appointment: QUIRIJNEN Stef (director) · Name clause · Legal form clause10 points ▸
- Incorporation, 05-10-2023
- Name clause, FTP
- Legal form clause, “Besloten Vennootschap” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, Hoenderstraat 53,2990 Loenhout” (deed in Dutch)
- Founder, QUIRIJNEN Stef
- Founding capital, €10,000
- Other provision, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Director appointment, QUIRIJNEN Stef (director (not named in the articles))
- Other provision, “volmachten” (deed in Dutch)
- Bank account, 03-10-2023
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FTP in Dutch
Enterprise number
1000.855.403
Legal form
Private limited company
Status
Active, normale toestand
Founded
06-10-2023
Entity type
Legal entity
Registered office and establishments
Registered office
Hoenderstraat 53, 2990 Wuustwezel, Belgium
Establishment unit
Hoenderstraat 53, 2990 Wuustwezel since 06-10-2023 · unit number 2.351.001.371
Activities
NACEBEL 202570200
Business and other management consultancy main activity
64210
Activities of holding companies
69109
Other legal services
73300
Public relations and communication consultancy
82100
Office administrative and support services
82990
Other business support services
Codes under NACEBEL 2008
70220
Business consulting main activity
64200
Holdings
69109
Other legal services
70210
Activities of head offices; management consultancy activities
82110
Office administrative, office support and other business support activities
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 10-10-2023 (in Dutch)
“Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het verlenen van advies en bijstand aan…”
22 activities
- Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het verlenen van advies en bijstand aan bedrijven op het vlak van management,administratie,organisatie,human resources,public relations en communicatie
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op gebied van bijvoorbeeld planning,organisatie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie en efficiëntie,het verlenen van adviezen op het gebied van beheer in het algemeen
- Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar
- Studie- organisatie en raadgevend bureau inzake juridische,financiële,handels,bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economische en financiële problemen
- Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het (laten) verrichten van secretariaatswerken,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebied van management,bedrijfsvoering,economische wetgeving,marketing,export en import,het drukken en uitgeven van studies,rapporten en het verlenen van hulp aan bedrijven zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van de bedrijven van nut kan zijn
- Alle activiteiten van projectontwikkeling,omvattende onder meer het ontwikkelen,bouwen,verbouwen en vernieuwen van onroerende goederen;het geven van onderrichtingen en instructies bij inspectie van bouwprojecten;de algemene coördinatie van bouwwerken en bouwprojecten;de promotie van bouwprojecten;het aanbieden van totaalrenovaties
- Het leveren van deskundige adviezen aan bedrijven,particulieren en overheden met betrekking tot energie
- Alle aanneming van werken met inbegrip van algemene bouwkundige zoals onder meer dakbedekking van gebouwen en bouw van dakconstructies,isolatiewerkzaamheden,het waterdicht maken van gebouwen,loodgieterswerk,schrijnwerk,restauratiewerken
- De algemene bouwonderneming,bevattende de bedrijvigheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van voltooiingwerken of op de coördinatie van deze laatste wanneer zij door onderaannemers worden uitgevoerd
- Het maken van studies en tekenwerken en het verstrekken van adviezen en diensten met betrekking tot bouwkundige werken
- Sloopwerken
- De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen – desgevallend ten behoeven van eigen handelsverrichtingen of voor handelsverrichtingen voor derden – zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware
- Grondwerken
- Import en export van roerende goederen zoals onder meer bouwmaterialen
- Het aan- en verkopen,plaatsen en onderhouden van centrale verwarming en sanitair,het verrichten van loodgieterij en alle bijhorende werkzaamheden
- Het uitvoeren van allerhande elektriciteitswerken en alle bijhorende werkzaamheden
- Het uitvoeren van alle dakwerken
- Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen,het management en het bestuur van om het even welke ondernemingen en vennootschappen,het optreden al vereffenaar
- Het verlenen van technische,administratieve,financiële of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen
- Het patrimonium,bestaande uit onroerende en roerende goederen,te behouden in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden (met name de aankoop,verkoop,verhuur en beheer van onroerende goederen)
- Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke
Invoicing and payment
VAT number
BE 1000.855.403
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Thursday of June at 20:00
deed of 10-10-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
4,105 m²
Building footprint
288 m²
Building volume
1,757 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11026C0879/00A000 | Flanders | 4,105 m² | 1 · 287 m² | 8.7 m · 2 |