IMPACT SQUARE
ActiveSummary
IMPACT SQUARE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,037 and a net result of €480,484. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€177,674total assets 2025
- Equity
- €84,037
- Profit
- €480,484
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts 44 d early0 of 2 deeds read
Why 78- Higher-failure-rate region+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Growing equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency72▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.74 in 2024; short-term debt: 52.7% of total assets), but 52.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
270.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €84,037
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 17-06-2026, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
44 d early
2024
28 d early
2023
49 d early
2022
2 d early
2021
30 d early
2020
30 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- General meeting · Other statementApproval · Share class
- General meeting · Other statementShare class · Statutes amendment
Financials
Fiscal year 2025Total assets €177,674Profit €480,484Solvency 47.3%Liquidity 1.71
Total assets
€177,674▲ 47.6%
2018 - 2025
Net result
€480,484▲ 1,100%
2018 - 2025
Equity
€84,037▲ 43.5%
2018 - 2025
Solvency
47.3%▼ 1.3pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
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
Line20212022202320242025
Operating result€4,201▼ 79.5%€63,178▲ 1,404%€46,144▼ 27.0%€51,163▲ 10.9%€103,204▲ 102%
Net result€3,194within the sector's middle half▼ 82.4%€50,344within the sector's middle half▲ 1,476%€38,294within the sector's middle half▼ 23.9%€40,043within the sector's middle half▲ 4.6%€480,484above the sector's middle half▲ 1,100%
Equity€73,872within the sector's middle half▼ 52.2%€64,216within the sector's middle half▼ 13.1%€48,510within the sector's middle half▼ 24.5%€58,553within the sector's middle half▲ 20.7%€84,037within the sector's middle half▲ 43.5%
Total assets€149,836within the sector's middle half▼ 6.2%€160,312within the sector's middle half▲ 7.0%€140,240within the sector's middle half▼ 12.5%€120,394within the sector's middle half▼ 14.2%€177,674within the sector's middle half▲ 47.6%
Debt€75,964▲ 1,376%€96,096▲ 26.5%€91,730▼ 4.5%€61,841▼ 32.6%€93,638▲ 51.4%
Working capital€58,370within the sector's middle half▼ 59.1%€47,242within the sector's middle half▼ 19.1%€31,595within the sector's middle half▼ 33.1%€43,073within the sector's middle half▲ 36.3%€66,130within the sector's middle half▲ 53.5%
Solvency49.3%within the sector's middle half▼ 47.5pp40.1%within the sector's middle half▼ 9.2pp34.6%within the sector's middle half▼ 5.5pp48.6%within the sector's middle half▲ 14.0pp47.3%within the sector's middle half▼ 1.3pp
Current ratio2.39within the sector's middle half▼ 26.371.65within the sector's middle half▼ 0.741.40within the sector's middle half▼ 0.251.74within the sector's middle half▲ 0.331.71within the sector's middle half▼ 0.03
Return on assets (ROA)2.1%within the sector's middle half▼ 9.3pp31.4%above the sector's middle half▲ 29.3pp27.3%within the sector's middle half▼ 4.1pp33.3%above the sector's middle half▲ 6.0pp270.4%above the sector's middle half▲ 237.2pp
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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 102% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177,674
Fixed assets
€17,907 ▼ 5.4%
Current assets
€159,768 ▲ 57.5%
Equity and liabilities €177,674
Equity
€84,037 ▲ 43.5%
Debt
€93,638 ▲ 51.4%
Debt's share of the balance-sheet total rises from 51.4% to 52.7%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€109,724▲
2024 · €62,864
Cash flow
€487,004▲
2024 · €51,744
Debt to equity
1.11▲
2024 · 1.06
ROE
571.8%▲
2024 · 68.4%
Interest coverage
123.39▼
2024 · 170.70
Debt ≤ 1 year
€93,638▲
2024 · €58,399
Income taxes
€21,925▲
2024 · €10,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 26,975 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €529 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,876 | €12,333 | €12,025 | €11,701 | €6,520 | ▼ 44.3% |
| Other operating charges640/8 | €1,564 | €737 | €717 | €512 | €400 | ▼ 22.0% |
| Non-recurring operating charges66A | €62 | - | - | - | - | - |
| Gross operating margin9900 | €18,232 | €76,247 | €58,886 | €63,376 | €110,124 | ▲ 73.8% |
| Operating profit (loss)9901 | €4,201 | €63,178 | €46,144 | €51,163 | €103,204 | ▲ 102% |
| Financial income75/76B | €674 | €2,773 | €2,707 | €15 | €400,094 | ▲ 2,667,195% |
| Recurring financial income75 | €674 | €835 | €683 | €15 | €400,094 | ▲ 2,667,195% |
| Non-recurring financial income76B | - | €1,939 | €2,023 | - | - | - |
| Financial charges65/66B | €443 | €402 | €465 | €368 | €889 | ▲ 141% |
| Recurring financial charges65 | €443 | €402 | €465 | €368 | €889 | ▲ 141% |
| Profit (loss) for the period before taxes9903 | €4,431 | €65,549 | €48,386 | €50,809 | €502,409 | ▲ 889% |
| Income taxes67/77 | €1,237 | €15,205 | €10,092 | €10,767 | €21,925 | ▲ 104% |
| Profit (loss) for the period9904 | €3,194 | €50,344 | €38,294 | €40,043 | €480,484 | ▲ 1,100% |
| Profit (loss) for the period to be appropriated9905 | €3,194 | €50,344 | €38,294 | €40,043 | €480,484 | ▲ 1,100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,836 | €160,312 | €140,240 | €120,394 | €177,674 | ▲ 47.6% |
| Fixed assets21/28 | €49,467 | €40,856 | €30,624 | €18,923 | €17,907 | ▼ 5.4% |
| Tangible fixed assets22/27 | €39,467 | €30,856 | €20,624 | €8,923 | €7,907 | ▼ 11.4% |
| Plant, machinery and equipment23 | €2,596 | €1,583 | €511 | €117 | €963 | ▲ 725% |
| Furniture and vehicles24 | €36,871 | €29,273 | €20,113 | €8,806 | €6,943 | ▼ 21.2% |
| Financial fixed assets28 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Current assets29/58 | €100,369 | €119,456 | €109,616 | €101,471 | €159,768 | ▲ 57.5% |
| Amounts receivable within one year40/41 | €58,883 | €84,334 | €82,009 | €16,774 | €106,772 | ▲ 537% |
| Trade receivables40 | €21,107 | €36,300 | €37,342 | €219 | €99,938 | ▲ 45,434% |
| Other amounts receivable41 | €37,777 | €48,034 | €44,666 | €16,554 | €6,834 | ▼ 58.7% |
| Current investments50/53 | - | - | - | - | €52,433 | - |
| Cash at bank and in hand54/58 | €41,001 | €34,566 | €27,001 | €84,157 | - | - |
| Deferred charges and accrued income490/1 | €485 | €556 | €606 | €540 | €562 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,836 | €160,312 | €140,240 | €120,394 | €177,674 | ▲ 47.6% |
| Equity10/15 | €73,872 | €64,216 | €48,510 | €58,553 | €84,037 | ▲ 43.5% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Non-distributable reserves130/1 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Tax-exempt reserves132 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €35,872 | €26,216 | €10,510 | €20,553 | €46,037 | ▲ 124% |
| Amounts payable17/49 | €75,964 | €96,096 | €91,730 | €61,841 | €93,638 | ▲ 51.4% |
| Amounts payable after more than one year17 | €33,965 | €23,882 | €13,708 | €3,443 | - | - |
| Financial debts170/4 | €33,965 | €23,882 | €13,708 | €3,443 | - | - |
| Amounts payable within one year42/48 | €41,999 | €72,214 | €78,021 | €58,399 | €93,638 | ▲ 60.3% |
| Current portion of amounts payable after more than one year42 | €10,855 | €10,945 | €11,036 | €11,128 | €4,305 | ▼ 61.3% |
| Trade debts44 | €5,644 | €669 | €2,606 | - | - | - |
| Suppliers440/4 | €5,644 | €669 | €2,606 | - | - | - |
| Taxes, remuneration and social security45 | €1,500 | €60,600 | €64,379 | €47,271 | €89,333 | ▲ 89.0% |
| Taxes450/3 | €1,500 | €600 | €10,379 | €17,271 | €84,833 | ▲ 391% |
| Remuneration and social security454/9 | - | €60,000 | €54,000 | €30,000 | €4,500 | ▼ 85.0% |
| Other amounts payable47/48 | €24,000 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,194 | €50,344 | €38,294 | €40,043 | €480,484 | ▲ 1,100% |
| + Depreciation and write-downs630 | €11,876 | €12,333 | €12,025 | €11,701 | €6,520 | ▼ 44.3% |
| Operating cash flow (approximation) | €15,070 | €62,677 | €50,319 | €51,744 | €487,004 | ▲ 841% |
| Investment in fixed assets (approximation) | - | -€3,722 | -€1,792 | €0 | -€5,504 | - |
| Change in cash | - | -€6,436 | -€7,564 | €57,156 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
APY
BE 0684.697.363
Court-Saint-Etienne · Eq €84,030
VF Consulting
BE 0743.806.787
Willebroek · Eq €84,046
YALIDA
BE 0823.449.925
Sint-Gillis (bij-Brussel) · Eq €84,050
Meba Management
BE 0803.124.069
Soignies · Eq €84,057
I.S. DAIMONES
BE 0743.824.902
La Hulpe · Eq €84,060
Of 82,687 companies in this sector we hold annual accounts for 52,635. 40,271 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
40%
According to the 2024 annual accounts of IMPACT SQUARE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
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Board mandates elsewhere
5 board mandatesBoard mandates of this companythis company sits on their board5
1 location
1 location
1 location
1 location
1 location
Timeline
18 eventsLatest 17-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
21-05
State Gazette act
General meeting · Other statement
Approval · Share class
21-05
State Gazette act
General meeting · Other statement
Share class · Statutes amendment
21-05
State Gazette act
General meeting · Other statement
Approval · Share class
21-05
State Gazette act
General meeting · Share class
Statutes amendment · Name clause
21-05
State Gazette act
Other statement · General meeting
Approval · Share class
2025
31-12
Financial
Highest result since 2018net €480,484 ▲1,100%
Operating result €103,204, net result €480,484, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €3,194 ▼82.4%
Net result drops to €3,194, the lowest in the series; recovery starts the following year.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 28.76
Current ratio from 13.63 to 28.76; short-term debt falls from €13,094 to €5,146.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Equity above €150,000Eq €166,486 ▲58.2%
2 profitable years in a row build equity to €166,486.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 11-10-2017Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded11-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64999Other financial services
73110Advertising agencies
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
Contact
E-mail
alex.houtart@impactsquares.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0682786067
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2017
Ground area
223 m²
Building footprint
81 m²
Volume, LiDAR
984 m³
Parcel 21673D0136/00V000, Brussels · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
IMPACT SQUARE
since 2017unit no. 2.269.330.935
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0136/00V000 | Brussels | 223 m² | 1 · 81 m² | 17.0 m · 4 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.
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