Equity
€38,692 from €101,507 in 2018
Equity fell by 62% in 7 years.
GF Consulting
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €55,028 (2013)
€8,160▼ 52.0%
lowest -€17,369 (2019)
-€13,668▼ €9,349
peak €101,507 (2018)
€38,692▼ 26.1%
€67,122▲ 28.1%
Board1 name since 2024
1 directorSEGAERT Linde
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €16,988 to €8,160Loss of €13,668Equity from €52,360 to €38,692Debts from €52,386 to €67,122
Key points
from the 2025 annual accountsLosses
-€25,776 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Position in the sector
-€13,668
Lower net result than 95% of companies in legal and accounting. Sector median €37,380 · 15,830 companies.
Checked score
80
Excellent
Financially stronger than 17% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.41
Loss of €13,668, the second in a row (financial year 2025)
lowers risk
Size: total assets €105,814
Sector: Legal and accounting activities (NACE 69)
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 69, micro). It does better than 35% of them on solvency, 13% on liquidity, 5% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as GF Consulting has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GF Consulting itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for GF Consulting. 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.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.41 (0.41 in 2024), below 1. Short-term debt is 60.2% of total assets. 63.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13,668
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 days early
2023
24 days late
2022
29 days late
2021
19 days late
2020
102 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 69), 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. The company usually files around 19 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453309110
Change of role: SEGAERT Linde, from manager to director
“De werkzaamheden van een gecertificeerd accountant en/of gecertificeerd belastingadviseur, evenals het…” (deed in Dutch) · Director discharge: SEGAERT Linde · Gazette deed
First establishment
Heirweg 139, Wielsbeke
Incorporation
published on 17-09-1994 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GF Consulting Wielsbeke | €105,814 | €8,160 | 36.6% | - |
| OFFICE ORGANISATION ACCOUNTING SERVICES and CONSULT Deinze | €94,179 | €6,985 | 96.8% | - |
| LUYCKX ACCOUNTANT EN BELASTINGCONSULENT Rijkevorsel | €90,127 | €7,895 | 49.3% | - |
| UNVAL CONSULTING Koekelberg | €83,985 | €8,760 | 96.0% | - |
| LAUWERS BOEKHOUDING EN FISCALITEIT Berlaar | €85,083 | €7,197 | 76.0% | - |
| GESCO 2000 Thimister-Clermont | €111,737 | €5,689 | 47.3% | - |
| R. DONNEZ & ASSOCIES Braine-l'Alleud | €87,625 | €8,556 | 17.4% | - |
These companies have the same main activity as GF Consulting: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €84,000 and €112,000, founded between 1989 and 2002.
Official details
Source: KBO- Status
- Active since 05-09-1994Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Establishment unit
- 2.068.378.1148710 Wielsbeke, since 30-09-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 08-04-2026
Annual accounts 2025
- ≈ €39,000estimated
- €105,814▲ 1.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on GF Consulting
GF Consulting files the micro format. That format states no turnover. The gross margin fell from €9,009 in 2006 to €8,160 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GF Consulting
- What is the company number of GF Consulting?
- The company number of GF Consulting is 0453.309.110. The VAT number is the same number with BE in front: BE 0453.309.110.
- Where is GF Consulting based?
- The registered office is at Heirweg 139, 8710 Wielsbeke.Company details
- What does GF Consulting do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of GF Consulting?
- GF Consulting is a private limited company (BV).
- When was GF Consulting founded?
- GF Consulting was founded on 05-09-1994.
- Is GF Consulting still active?
- Yes, GF Consulting is an active enterprise in the KBO register.
- What is the turnover of GF Consulting?
- The turnover in financial year 2025 is ≈ €39,000. This figure is estimated from the gross margin of €8,160 and 57 comparable companies (NACE 69201). It probably lies between €28,000 and €62,000. It is a rough estimate.Financials
- Is GF Consulting profitable?
- In financial year 2025, GF Consulting made a loss of €13,668.
- Where can I find the annual accounts of GF Consulting?
- GF Consulting filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GF Consulting due?
- GF Consulting must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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