Skip to content

Funktion

Active
Private limited companyfounded 20214 yrs activeHeesveld 26C, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0777.989.686

Funktion has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
73 / 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency19▼-81
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 9.66 in 2024), and 91% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9%
Return on assets
43.6%
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 16% of 31523 sector peers (2025).
NBB · sector comparison
Position among 31523 sector peers
Solvency
better than 16%
← weakest strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
29 d early
2024
2 d early
2023
22 d late
2022
13 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€10k▼ 87.8%
2024 · €79k
2022: €14k 2023: €53k 2024: €79k
2022 → 2025
Total assets
€107k▲ 21.0%
2024 · €88k
2022: €24k 2023: €75k 2024: €88k
2022 → 2025
Net result
€47k▲ 80.0%
2024 · €26k
2022: €11k 2023: €39k 2024: €26k
2022 → 2025
Working capital
€10k▼ 87.8%
2024 · €79k
2022: €13k 2023: €53k 2024: €79k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€14k-€53k▲ 286%€79k▲ 48.6%€10k▼ 87.8%
Operating result€15k-€51k▲ 239%€33k▼ 35.0%€60k▲ 82.2%
Net result€11k-€39k▲ 249%€26k▼ 34.4%€47k▲ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2022: €15k€15kNet result 2022: €11k€11kOperating result 2023: €51k€51kNet result 2023: €39k€39kOperating result 2024: €33k€33kNet result 2024: €26k€26kOperating result 2025: €60k€60kNet result 2025: €47k€47k2022202320242025
The operating result recovers in 2025; 2025 is 82% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €107k
Equity €10k▼ 87.8%
Debt €97k▲ 965%
The debt ratio rises from 10.3% to 91.0%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€60k
2024 · €33k
Cash flow
€47k
2024 · €26k
Solvency
9.0%
2024 · 89.7%
Current ratio
1.10
2024 · 9.66
Quick ratio
1.10
2024 · 9.66
Debt / equity
10.09
2024 · 0.12
ROE
483.5%
2024 · 32.7%
ROA
43.6%
2024 · 29.3%
Interest coverage
95.70
2024 · 36.27
Debt
€97k
2024 · €9k
Debt ≤ 1 year
€97k
2024 · €9k
Income taxes
€13k
2024 · €7k
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€88k€107k
Fixed assets21/28€103-
Tangible fixed assets22/27€103-
Furniture and vehicles24€103-
Current assets29/58€88k€107k
Amounts receivable within one year40/41€38k€44k
Trade receivables40€3k€44k
Other amounts receivable41€35k-
Cash at bank and in hand54/58€49k€61k
Deferred charges and accrued income490/1€975€1k
Equity and liabilities
Total equity and liabilities10/49€88k€107k
Equity10/15€79k€10k
Contributions10/11€3k€3k=
Reserves13€77k€7k
Distributable reserves133€77k€7k
Amounts payable17/49€9k€97k
Amounts payable within one year42/48€9k€97k
Trade debts44€1k€1k
Suppliers440/4€1k€1k
Taxes, remuneration and social security45€8k€36k
Taxes450/3€8k€29k
Remuneration and social security454/9-€7k
Other amounts payable47/48-€60k
Income statement Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€415€103
Other operating charges640/8€441€647
Gross operating margin9900€34k€61k
Operating profit (loss)9901€33k€60k
Financial income75/76B€936€261
Recurring financial income75€936€261
Financial charges65/66B€923€631
Recurring financial charges65€923€631
Profit (loss) for the period before taxes9903€33k€60k
Income taxes67/77€7k€13k
Profit (loss) for the period9904€26k€47k
Profit (loss) for the period to be appropriated9905€26k€47k
Appropriation of the result
Profit (loss) to be appropriated9906€26k€47k
Transfer from equity791/2-€76k
Transfer to equity691/2€26k€7k
To other reserves6921€26k€7k
Profit to be distributed694/7-€116k
Return on contributions (dividend)694-€116k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €47k ▲80%
Operating result €60k, net result €47k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 9.66
Current ratio from 3.41 to 9.66; short-term debt falls from €22k to €9k.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Bilzen-Hoeselt · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Heesveld 26C3740 Bilzen-Hoeselt
Ground area
850 m²
Building footprint
144 m²
Volume, LiDAR
624 m³
Parcel 73006B1041/00N000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Funktion
Heesveld 26C, 3740 Bilzen-HoeseltBusiness consulting
since 20212.324.676.660
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73006B1041/00N000 Flanders 850 m² 1 · 143 m² 6.2 m · 1 fl.
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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 2 entries · 6,713 EUR awarded · 6,713 EUR paid
Year Entries awardedpaid
2024 1 2,010 EUR2,010 EUR
2022 1 4,703 EUR4,703 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 6,713 EUR · 6,713 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 22,464 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-12-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82190Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.