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IMPACT ADVISORY

Active
Private limited companyfounded 20224 yrs activeAvenue de l'Etang 36, 1300 Wavre, BelgiumKBO/BCE: BE 0782.956.185
Summary

IMPACT ADVISORY has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €47,842 and a net result of €131,128. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 472 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability100=
Solvency34▼-66
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 12.37 in 2025; short-term debt: 90.6% and cash: 11.2% of total assets), and 90.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
highest 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 2026
Solvency, return and age of the figures
Solvency
9.4%
Return on assets
25.8%
Age of the figures
6 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 472 sector peers (2026).
NBB · sector comparison
Position among 472 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-04-2026, 190 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
190 d early
2025
41 d early
2024
3 d early
2023
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 9 October (3 of the last 4 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-03-2027 close31-10-2027 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

History

IMPACT ADVISORY was incorporated on 7 March 2022 as a Private limited company.1 Total assets rose from EUR 203,262 in 2023 to EUR 507,274 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€47,842▼ 87.1%
2025 · €371,714
Total assets
€507,274▲ 25.6%
2025 · €404,007
Net result
€131,128▲ 26.5%
2025 · €103,644
Working capital
€43,047▼ 88.3%
2025 · €366,983
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line2023202420252026
Operating result€189,246-€164,143▼ 13.3%€133,058▼ 18.9%€166,031▲ 24.8%
Net result€143,502above the sector's middle half-€124,418above the sector's middle half▼ 13.3%€103,644above the sector's middle half▼ 16.7%€131,128▲ 26.5%
Equity€144,502within the sector's middle half-€268,920above the sector's middle half▲ 86.1%€371,714above the sector's middle half▲ 38.2%€47,842▼ 87.1%
Total assets€203,262within the sector's middle half-€309,811within the sector's middle half▲ 52.4%€404,007within the sector's middle half▲ 30.4%€507,274▲ 25.6%
Debt€58,760-€40,891▼ 30.4%€32,293▼ 21.0%€459,432▲ 1,323%
Working capital€106,382within the sector's middle half-€242,529above the sector's middle half▲ 128%€366,983above the sector's middle half▲ 51.3%€43,047▼ 88.3%
Solvency71.1%within the sector's middle half-86.8%above the sector's middle half▲ 15.7pp92.0%above the sector's middle half▲ 5.2pp9.4%▼ 82.6pp
Current ratio2.81within the sector's middle half-6.93above the sector's middle half▲ 4.1212.37above the sector's middle half▲ 5.441.09▼ 11.27
Return on assets (ROA)70.6%above the sector's middle half-40.2%above the sector's middle half▼ 30.4pp25.7%within the sector's middle half▼ 14.5pp25.8%▲ 0.2pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2023: €189,246€189,246Net result 2023: €143,502€143,502Operating result 2024: €164,143€164,143Net result 2024: €124,418€124,418Operating result 2025: €133,058€133,058Net result 2025: €103,644€103,644Operating result 2026: €166,031€166,031Net result 2026: €131,128€131,1282023202420252026€0€50,000€100,000€150,000Operating result 2024: €164,143€164,000Net result 2024: €124,418€124,000Operating result 2025: €133,058€133,000Net result 2025: €103,644Operating result 2026: €166,031€166,000Net result 2026: €131,128€131,000202420252026
The operating result recovers in 2026; 2026 is 25% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €507,274
Fixed assets €4,795 ▲ 1.1%
Current assets €502,479 ▲ 25.9%
Equity and liabilities €507,274
Equity €47,842 ▼ 87.1%
Debt €459,432 ▲ 1,323%
Debt's share of the balance-sheet total rises from 8.0% to 90.6%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€169,608▲
2025 · €136,474
Cash flow
€134,705▲
2025 · €107,060
Debt to equity
9.60▲
2025 · 0.09
ROE
274.1%▲
2025 · 27.9%
Interest coverage
370.32▼
2025 · 468.98
Debt ≤ 1 year
€459,432▲
2025 · €32,283
Income taxes
€48,574▲
2025 · €30,152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96% still going

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% 1.0%
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% 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 513 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 · 44 lines
Balance sheet Code20252026
Assets
Total assets20/58€404,007€507,274▲
Fixed assets21/28€4,741€4,795▲
Tangible fixed assets22/27€4,741€4,795▲
Plant, machinery and equipment23€798€626▼
Furniture and vehicles24€3,943€4,169▲
Current assets29/58€399,266€502,479▲
Amounts receivable within one year40/41€342,728€412,462▲
Trade receivables40€20,545€28,691▲
Other amounts receivable41€322,183€383,771▲
Current investments50/53-€23,645
Cash at bank and in hand54/58€56,538€56,669▲
Deferred charges and accrued income490/1-€9,703
Equity and liabilities
Total equity and liabilities10/49€404,007€507,274▲
Equity10/15€371,714€47,842▼
Contributions10/11€1,000€1,000=
Reserves13-€45,000
Distributable reserves133-€45,000
Profit (loss) carried forward14€370,714€1,842▼
Amounts payable17/49€32,293€459,432▲
Amounts payable within one year42/48€32,283€459,432▲
Trade debts44€1,060€96▼
Suppliers440/4€1,060€96▼
Taxes, remuneration and social security45€30,373€4,336▼
Taxes450/3€30,373€4,336▼
Other amounts payable47/48€850€455,000▲
Accrued charges and deferred income492/3€10-
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,416€3,577▲
Other operating charges640/8€3,049€1,014▼
Gross operating margin9900€139,523€170,622▲
Operating profit (loss)9901€133,058€166,031▲
Financial income75/76B€1,029€14,129▲
Recurring financial income75€1,029€14,129▲
Financial charges65/66B€291€458▲
Recurring financial charges65€291€458▲
Profit (loss) for the period before taxes9903€133,796€179,702▲
Income taxes67/77€30,152€48,574▲
Profit (loss) for the period9904€103,644€131,128▲
Profit (loss) for the period to be appropriated9905€103,644€131,128▲
Appropriation of the result
Profit (loss) to be appropriated9906€371,564€501,842▲
Profit (loss) brought forward from the previous period14P€267,920€370,714▲
Transfer to equity691/2-€45,000
To other reserves6921-€45,000
Profit to be distributed694/7€850€455,000▲
Return on contributions (dividend)694€850€455,000▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,382€12,752€3,416€3,577▲ 4.7%
Other operating charges640/8€1,766€1,092€3,049€1,014▼ 66.7%
Gross operating margin9900€202,394€177,987€139,523€170,622▲ 22.3%
Operating profit (loss)9901€189,246€164,143€133,058€166,031▲ 24.8%
Financial income75/76B€10€1€1,029€14,129▲ 1,273%
Recurring financial income75€10€1€1,029€14,129▲ 1,273%
Financial charges65/66B€43€136€291€458▲ 57.4%
Recurring financial charges65€43€136€291€458▲ 57.4%
Profit (loss) for the period before taxes9903€189,213€164,008€133,796€179,702▲ 34.3%
Income taxes67/77€45,711€39,590€30,152€48,574▲ 61.1%
Profit (loss) for the period9904€143,502€124,418€103,644€131,128▲ 26.5%
Profit (loss) for the period to be appropriated9905€143,502€124,418€103,644€131,128▲ 26.5%
Line2023202420252026Change
Assets
Total assets20/58€203,262€309,811€404,007€507,274▲ 25.6%
Fixed assets21/28€38,120€26,391€4,741€4,795▲ 1.1%
Tangible fixed assets22/27€38,120€26,391€4,741€4,795▲ 1.1%
Plant, machinery and equipment23--€798€626▼ 21.6%
Furniture and vehicles24€38,120€26,391€3,943€4,169▲ 5.7%
Current assets29/58€165,142€283,420€399,266€502,479▲ 25.9%
Amounts receivable within one year40/41€27,608€188,028€342,728€412,462▲ 20.3%
Trade receivables40€26,060€23,878€20,545€28,691▲ 39.6%
Other amounts receivable41€1,548€164,150€322,183€383,771▲ 19.1%
Current investments50/53---€23,645-
Cash at bank and in hand54/58€136,884€95,392€56,538€56,669▲ 0.2%
Deferred charges and accrued income490/1€650--€9,703-
Equity and liabilities
Total equity and liabilities10/49€203,262€309,811€404,007€507,274▲ 25.6%
Equity10/15€144,502€268,920€371,714€47,842▼ 87.1%
Contributions10/11€1,000€1,000€1,000€1,000=
Outside capital11€1,000----
Other1109/19€1,000----
Reserves13---€45,000-
Distributable reserves133---€45,000-
Profit (loss) carried forward14€143,502€267,920€370,714€1,842▼ 99.5%
Amounts payable17/49€58,760€40,891€32,293€459,432▲ 1,323%
Amounts payable within one year42/48€58,760€40,891€32,283€459,432▲ 1,323%
Trade debts44€209€625€1,060€96▼ 90.9%
Suppliers440/4€209€625€1,060€96▼ 90.9%
Taxes, remuneration and social security45€57,516€40,266€30,373€4,336▼ 85.7%
Taxes450/3€57,516€40,266€30,373€4,336▼ 85.7%
Other amounts payable47/48€1,035-€850€455,000▲ 53,429%
Accrued charges and deferred income492/3--€10--
Line2023202420252026Change
Profit (loss) for the period9904€143,502€124,418€103,644€131,128▲ 26.5%
+ Depreciation and write-downs630€11,382€12,752€3,416€3,577▲ 4.7%
Operating cash flow (approximation)€154,884€137,170€107,060€134,705▲ 25.8%
Investment in fixed assets (approximation)--€1,023€18,234-€3,631▼ 120%
Change in cash--€41,492-€38,854€131▲ 100%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
24-04
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
2025
20-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €103,644 ▼16.7%
Net result drops to €103,644, the lowest in the series; recovery starts the following year.
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Liquidity doublescurrent ratio 6.93
Current ratio from 2.81 to 6.93; short-term debt falls from €58,760 to €40,891.
31-03
Financial Equity above €200,000Eq €268,920 ▲86.1%
2 profitable years in a row build equity to €268,920.
2023
13-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
798 m²
Building footprint
133 m²
Volume, LiDAR
818 m³
Parcel 25772G0051/00E000, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMPACT ADVISORY
Avenue de l'Etang 36, 1300 WavreIT consultancy
since 20222.328.831.428
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25772G0051/00E000 Wallonia 798 m² 1 · 133 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 37,946 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded07-03-2022
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0782956185
Also 9925:BE0782956185
Registered 30-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.