Losses
-€7,486 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
NEXTLEAD MANAGEMENT
Lifetime
3 annual accounts with figures on one time axisGross marginpeak -€453 (2023)
-€4,136▼ €3,127
Resultlowest -€4,166 (2025)
-€4,166▼ €2,439
Equitypeak €15,696 (2023)
€10,418▼ 25.4%
Debts
€1,310▼ 44.0%
Board4 names since 2019
2 directorsTOLLENAIRE Philippe and 1 other
Owners
Documentsfilings and deeds
09-12-202539 days late
2025micro format
Gross margin from -€1,009 to -€4,136Loss of €4,166Equity from €13,969 to €10,418Debts from €2,338 to €1,310Cash from €85 to €33
Key points
from the 2025 annual accountsLiquidity
8.95 was 6.97 in 2024
Short-term debts fell from €2,338 to €1,310.
Filings
3 annual accounts 6 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Turnover not published (micro format)
Checked score
67
Healthy
Financially stronger than 35% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.3%▼ -0.4 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.6%▲ +0.2 percentage points vs 10-2025
12-2025: 0.8%▲ +0.2 percentage points vs 11-2025
01-2026: 0.5%▼ -0.3 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.9%▲ +0.3 percentage points vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 39 days late; 2 of the last 3 accounts late
Liquidity: current ratio 8.95, cash €33, halved
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €11,728
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, 30% on liquidity, 4% on profitability and 20% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 3,591 companies had the same profile as NEXTLEAD MANAGEMENT has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NEXTLEAD MANAGEMENT itself: 0.9% within 12 months.
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 3,591 companies, not a prediction for NEXTLEAD 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.95 (6.97 in 2024), above the usual 1.5. Short-term debt is 11.2% and cash 0.3% of total assets. 11.2% 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 risk
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
232425
2023 to 2025 · latest year -€4,166
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-12-2025, 39 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 · 3 filingsDeviation from the deadline
2026
not filed
2025
39 days late
2024
46 days late
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 3 accounts on average 28 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Board and ownership
TP
TOLLENAIRE Philippe
Director, since 22-11-2019
- HANOCQ GROUP 33.33%bankrupt since 19-05-2025equity -€35,846 (2023) · 30-06-2023 annual accounts of HANOCQ GROUP
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737986985
Company renamed from HTM CONSULTING to NEXTLEAD MANAGEMENT
Resignations: MORET Carmelo (director) and HANOCQ Grégory Denis Franz Albert Christian Ghislain Marie (director) · Appointment: ZIZIC Sacha Igor (director) · “Het leveren van diensten op het gebied van beheer en advies in administratieve,financiële zaken en public…” (deed in Dutch) · General meeting of 16-04-2024 · Gazette deed
Incorporation
published on 27-11-2019 · Gazette deed
First establishment
HTM CONSULTING, Sint-Elooiweg 95, Meise
Official details
Source: KBO- Status
- Active since 22-11-2019Normal situation
- Activity
- “Het leveren van diensten op het gebied van beheer en advies in administratieve,financiële zaken…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.295.989.6041860 Meise, since 22-11-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 12-01-2026
Annual accounts to 31-03-2025
- Total assets
- €11,728▼ 28.1%
- Employeeson 31-03-2025
- 0
- Filing
- Filed on 09-12-2025
Insights on NEXTLEAD MANAGEMENT
NEXTLEAD MANAGEMENT files the micro format. That format states no turnover. The gross margin fell from -€453 in 2023 to -€4,136 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 NEXTLEAD MANAGEMENT
- What is the company number of NEXTLEAD MANAGEMENT?
- The company number of NEXTLEAD MANAGEMENT is 0737.986.985. The VAT number is the same number with BE in front: BE 0737.986.985.
- Where is NEXTLEAD MANAGEMENT based?
- The registered office is at Sint-Elooiweg 95, 1860 Meise.Company details
- What is the legal form of NEXTLEAD MANAGEMENT?
- NEXTLEAD MANAGEMENT is a private limited company (BV).
- When was NEXTLEAD MANAGEMENT founded?
- NEXTLEAD MANAGEMENT was founded on 22-11-2019.
- Is NEXTLEAD MANAGEMENT still active?
- Yes, NEXTLEAD MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of NEXTLEAD MANAGEMENT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is NEXTLEAD MANAGEMENT profitable?
- In financial year 2025, NEXTLEAD MANAGEMENT made a loss of €4,166.
- Where can I find the annual accounts of NEXTLEAD MANAGEMENT?
- NEXTLEAD MANAGEMENT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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