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HTML - INT

Active
Private limited companyfounded 2002active for 24 yearsEmile Van Becelaerelaan 28A, 1170 Watermaal-Bosvoorde, Belgium26 active companies are registered at this addressKBO/BCE: BE 0478.490.211
Summary

HTML - INT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1,446 and a net result of -€1,480. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 30% of 949 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2026, micro format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,480▲ 74.9%
2025 · -€5,903
Working capital
€790
2024 · -€5,539
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result stays negative: a loss of €1,480 in 2026 against €5,893 in 2025; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,480 2026 Net result-€1,480 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result-€11,345--€1,851▲ 83.7%-€2,366▼ 27.8%-€7,244▼ 206%-€19,050▼ 163%-€4,869▲ 74.4%-€5,893▼ 21.0%-€1,480▲ 74.9%
Net result-€11,341--€2,096▲ 81.5%-€2,393below the sector's middle half▼ 14.2%-€7,533below the sector's middle half▼ 215%-€19,204below the sector's middle half▼ 155%-€4,882below the sector's middle half▲ 74.6%-€5,903below the sector's middle half▼ 20.9%-€1,480▲ 74.9%
Equity-€139,069--€141,165▼ 1.5%-€143,558below the sector's middle half▼ 1.7%-€100,481below the sector's middle half▲ 30.0%-€119,685below the sector's middle half▼ 19.1%-€124,567below the sector's middle half▼ 4.1%-€130,470below the sector's middle half▼ 4.7%€1,446
Total assets€48,164-€47,743▼ 0.9%€45,488below the sector's middle half▼ 4.7%€25,930below the sector's middle half▼ 43.0%€8,671below the sector's middle half▼ 66.6%€6,437below the sector's middle half▼ 25.8%€3,314below the sector's middle half▼ 48.5%€4,205▲ 26.9%
Debt€187,233-€188,907▲ 0.9%€189,046▲ 0.1%€126,411▼ 33.1%€128,355▲ 1.5%€131,003▲ 2.1%€133,783▲ 2.1%€2,760▼ 97.9%
Working capital-€54,729--€56,825▼ 3.8%-€59,218within the sector's middle half▼ 4.2%€3,231within the sector's middle half-€3,315below the sector's middle half-€5,539below the sector's middle half▼ 67.1%€790
Solvency-288.7%--295.7%▼ 6.9pp-315.6%below the sector's middle half▼ 19.9pp-387.5%below the sector's middle half▼ 71.9pp
Current ratio0.24-0.23▼ 0.010.20below the sector's middle half▼ 0.031.28within the sector's middle half▲ 1.080.01below the sector's middle half▼ 1.270.08below the sector's middle half▲ 0.07
Return on assets (ROA)-23.5%--4.4%▲ 19.2pp-5.3%below the sector's middle half▼ 0.9pp-29.1%below the sector's middle half▼ 23.8pp-221.5%below the sector's middle half▼ 192.4pp-75.9%below the sector's middle half▲ 145.6pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
Assets €4,205
Fixed assets €655
Current assets €3,550
Equity and liabilities €4,205
Equity €1,446
Debt €2,760
Debt finances 65.6% of the balance-sheet total.
Key figures and ratios
2026 value · change against 2025
EBITDA
€1,179▲
2025 · -€3,235
Cash flow
€1,178▲
2025 · -€3,245
Interest coverage
over 100▲
2025 · -320.57
Debt ≤ 1 year
€2,760▼
2025 · €8,783
Ratios withheld: a balance sheet total of €4,205 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.5% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,835 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 35 lines
Balance sheet Code20252026
Assets
Total assets20/58€3,314€4,205▲
Fixed assets21/28€3,314€655▼
Intangible fixed assets21€3,314€655▼
Current assets29/58-€3,550
Amounts receivable within one year40/41-€3,500
Trade receivables40-€3,500
Cash at bank and in hand54/58-€50
Equity and liabilities
Total equity and liabilities10/49€3,314€4,205▲
Equity10/15-€130,470€1,446▲
Contributions10/11€28,000€161,395▲
Reserves13€27,911€23,393▼
Non-distributable reserves130/1€1,859-
Reserves not available under the articles1311€1,859-
Tax-exempt reserves132€26,051€23,393▼
Profit (loss) carried forward14-€186,380-€183,343▲
Amounts payable17/49€133,783€2,760▼
Amounts payable after more than one year17€125,000-
Other amounts payable178/9€125,000-
Amounts payable within one year42/48€8,783€2,760▼
Trade debts44€384€400▲
Suppliers440/4€384€400▲
Other amounts payable47/48€8,399€2,360▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,658€2,658=
Other operating charges640/8€384€415▲
Gross operating margin9900-€2,850€1,594▲
Operating profit (loss)9901-€5,893-€1,480▲
Financial charges65/66B€10€0▼
Recurring financial charges65€10€0▼
Profit (loss) for the period before taxes9903-€5,903-€1,480▲
Profit (loss) for the period9904-€5,903-€1,480▲
Transfer from tax-exempt reserves789€2,658€2,658=
Profit (loss) for the period to be appropriated9905-€3,245€1,178▲
Appropriation of the result
Profit (loss) to be appropriated9906-€186,380-€185,202▲
Profit (loss) brought forward from the previous period14P-€183,136-€186,380▼
Transfer from equity791/2-€1,859

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

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€2,003€2,658€2,658€2,658€2,658=
Other operating charges640/8---€348€14,981€384€384€415▲ 8.0%
Gross operating margin9900-€749-€1,503-€2,018-€4,894-€1,410-€1,826-€2,850€1,594-
Operating profit (loss)9901-€11,345-€1,851-€2,366-€7,244-€19,050-€4,869-€5,893-€1,480▲ 74.9%
Financial income75/76B-----€0---
Recurring financial income75€44€2---€0---
Financial charges65/66B---€289€154€13€10€0▼ 98.5%
Recurring financial charges65€40€247€28€289€154€13€10€0▼ 98.5%
Profit (loss) for the period before taxes9903-€11,341-€2,096-€2,393-€7,533-€19,204-€4,882-€5,903-€1,480▲ 74.9%
Profit (loss) for the period9904-€11,341-€2,096-€2,393-€7,533-€19,204-€4,882-€5,903-€1,480▲ 74.9%
Transfer from tax-exempt reserves789---€2,003€2,658€2,658€2,658€2,658=
Transfer to tax-exempt reserves689---€13,291-----
Profit (loss) for the period to be appropriated9905-€11,341-€2,096-€2,393-€18,821-€16,545-€2,224-€3,245€1,178-
Line20192020202120222023202420252026Change
Assets
Total assets20/58€48,164€47,743€45,488€25,930€8,671€6,437€3,314€4,205▲ 26.9%
Fixed assets21/28€30,660€30,660€30,660€11,288€8,630€5,972€3,314€655▼ 80.2%
Intangible fixed assets21---€11,288€8,630€5,972€3,314€655▼ 80.2%
Financial fixed assets28€30,660€30,660€30,660------
Current assets29/58€17,504€17,083€14,828€14,642€41€465-€3,550-
Amounts receivable within one year40/41€16,887€16,887€14,634€14,634---€3,500-
Trade receivables40---€14,634---€3,500-
Cash at bank and in hand54/58€397€5€1€8€41€465-€50-
Equity and liabilities
Total equity and liabilities10/49€48,164€47,743€45,488€25,930€8,671€6,437€3,314€4,205▲ 26.9%
Equity10/15-€139,069-€141,165-€143,558-€100,481-€119,685-€124,567-€130,470€1,446-
Contributions10/11€28,000€28,000-€28,000€28,000€28,000€28,000€161,395▲ 476%
Reserves13---€35,885€33,227€30,569€27,911€23,393▼ 16.2%
Non-distributable reserves130/1---€1,859€1,859€1,859€1,859--
Reserves not available under the articles1311---€1,859€1,859€1,859€1,859--
Tax-exempt reserves132---€34,026€31,368€28,710€26,051€23,393▼ 10.2%
Profit (loss) carried forward14-€167,069-€169,165-€171,558-€164,366-€180,912-€183,136-€186,380-€183,343▲ 1.6%
Amounts payable17/49€187,233€188,907€189,046€126,411€128,355€131,003€133,783€2,760▼ 97.9%
Amounts payable after more than one year17€115,000€115,000€115,000€115,000€125,000€125,000€125,000--
Other amounts payable178/9---€115,000€125,000€125,000€125,000--
Amounts payable within one year42/48€72,233€73,907€74,046€11,411€3,355€6,003€8,783€2,760▼ 68.6%
Trade debts44€2,253€2,253-€1,089€971€1,808€384€400▲ 4.0%
Suppliers440/4---€1,089€971€1,808€384€400▲ 4.0%
Other amounts payable47/48---€10,322€2,385€4,195€8,399€2,360▼ 71.9%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904-€11,341-€2,096-€2,393-€7,533-€19,204-€4,882-€5,903-€1,480▲ 74.9%
+ Depreciation and write-downs630---€2,003€2,658€2,658€2,658€2,658=
Operating cash flow (approximation)-€11,341-€2,096-€2,393-€5,530-€16,545-€2,224-€3,245€1,178-
Investment in fixed assets (approximation)-€0€0€17,369€0€0€0€0-
Change in cash--€392-€4€8€32€424---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference
31-03-2026 micro format 08-10-2026 2026-00554344
31-03-2025 micro format 08-10-2025 2025-00537824
31-03-2024 micro format 27-11-2024 2024-00608377
31-03-2023 micro format 21-11-2023 2023-00515878
31-03-2022 micro format 30-11-2022 2022-20532951
31-03-2021 full format 30-11-2021 2021-79100012
31-03-2020 full format 31-10-2020 2020-67700280
31-03-2019 full format 11-10-2019 2019-69900526
31-03-2018 micro format 30-10-2018 2018-70900289
31-03-2017 micro format 11-01-2018 2018-01300333

Show all 22 filings

Similar companies · same sector, comparable size

Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,254. 6,750 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.