Equity
€120,787 from €251,427 in 2023
Equity fell by 52% in 2 years.
GLOBAL PROGRAM MANAGEMENT
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €97,145 (2007)
-€103,909▼ €113,398
lowest -€118,784 (2025)
-€118,784▼ €106,929
peak €251,427 (2023)
€120,787▼ 49.6%
€3,793▼ 81.0%
peak 0.5 FTE (2009)
-not published
Board2 names since 1998
1 directorRolin - Tournay Bernard - Carine
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €9,490 to -€103,909Loss of €118,784Equity from €239,572 to €120,787Debts from €19,970 to €3,793Cash from €180,653 to €52,003
Key points
from the 2025 annual accountsResult
-€118,784 ▼ 902%
The result fell in 2025 from -€11,855 to -€118,784.
Investments
€140,431 9.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
23.74 was 11.49 in 2024
Short-term debts fell from €18,396 to €3,793.
Filings
27 annual accounts since 1999
Five of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.
Position in the sector
-€118,784
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Turnover not published (micro format)
Checked score
55
Fair
Financially stronger than 50% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €118,784, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 23.74, cash €52,003, halved
Size: total assets €124,580
Equity €120,787 (97.0% of total assets)
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 86% of them on solvency, 97% on liquidity, 4% on profitability and 13% 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 GLOBAL PROGRAM MANAGEMENT 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.
The bankruptcy probability of GLOBAL PROGRAM MANAGEMENT itself is lower: 0.1% within 12 months. It rests on far more data about GLOBAL PROGRAM MANAGEMENT than the profile alone.
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 GLOBAL PROGRAM MANAGEMENT. 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 €6,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 23.74 (11.49 in 2024), above the usual 1.5. Short-term debt is 3% and cash 41.7% of total assets. 3% of the assets are financed with debt and provisions.
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
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 -€118,784
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
4 days late
2023
30 days late
2022
25 days early
2021
31 days late
2020
2 days late
2019
62 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 14 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. The company usually files around 4 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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464469751
Appointment: Bernard Rolin-Jacquemyns (director)
“Article 3 modifié” (deed in French) · General meeting of 25-09-2023 · Gazette deed
First establishment
Rue Arthur Hardy 15, Wavre
Incorporation
published on 07-11-1998 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLOBAL PROGRAM MANAGEMENT Wavre | €124,580 | -€103,909 | 97.0% | - |
| JT Coaching Lasne | €110,916 | €537 | 81.0% | - |
| 12 CONSULT Villers-la-Ville | €135,154 | -€3,246 | 35.1% | - |
| J. CONSULT Chastre | €145,281 | -€20,339 | 100.0% | - |
| CREATION & SPACE Waterloo | €140,802 | -€1,639 | 58.6% | - |
| BDX PERFORMANCE Wavre | €136,914 | -€1,134 | -347.4% | - |
| VARAFIN Ghent | €124,835 | -€14,203 | 79.8% | - |
These companies have the same main activity as GLOBAL PROGRAM MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €111,000 and €145,000, founded between 1994 and 2002.
Official details
Source: KBO- Status
- Active since 28-10-1998Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.089.162.4421300 Wavre, since 09-11-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- €124,580▼ 52.0%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on GLOBAL PROGRAM MANAGEMENT
GLOBAL PROGRAM MANAGEMENT files the micro format. That format states no turnover. The gross margin fell from €93,130 in 2006 to -€103,909 in 2025.
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 GLOBAL PROGRAM MANAGEMENT
- What is the company number of GLOBAL PROGRAM MANAGEMENT?
- The company number of GLOBAL PROGRAM MANAGEMENT is 0464.469.751. The VAT number is the same number with BE in front: BE 0464.469.751.
- Where is GLOBAL PROGRAM MANAGEMENT based?
- The registered office is at Rue Arthur Hardy 15, 1300 Wavre.Company details
- What does GLOBAL PROGRAM MANAGEMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of GLOBAL PROGRAM MANAGEMENT?
- GLOBAL PROGRAM MANAGEMENT is a private limited company (BV).
- When was GLOBAL PROGRAM MANAGEMENT founded?
- GLOBAL PROGRAM MANAGEMENT was founded on 28-10-1998.
- Is GLOBAL PROGRAM MANAGEMENT still active?
- Yes, GLOBAL PROGRAM MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of GLOBAL PROGRAM MANAGEMENT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is GLOBAL PROGRAM MANAGEMENT profitable?
- In financial year 2025, GLOBAL PROGRAM MANAGEMENT made a loss of €118,784.
- Where can I find the annual accounts of GLOBAL PROGRAM MANAGEMENT?
- GLOBAL PROGRAM MANAGEMENT filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLOBAL PROGRAM MANAGEMENT due?
- GLOBAL PROGRAM MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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