INIT CONSULT
ActiveINIT CONSULT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €6k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+49
Solvency96▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 2.31 in 2024), and 47.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
52.5%
Return on assets
6.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
1 d late
2023
2 d early
2022
on the day
2021
3 d early
2020
1 d late
2019
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 13.6%
2024 · €41k
2019: €18k
2020: €29k
2021: €34k
2022: €40k
2023: €41k
2024: €41k
2019 → 2025
Total assets
€90k▼ 6.2%
2024 · €96k
2019: €57k
2020: €50k
2021: €78k
2022: €77k
2023: €71k
2024: €96k
2019 → 2025
Net result
€6k▲ 502%
2024 · €935
2019: €-266
2020: €11k
2021: €6k
2022: €5k
2023: €725
2024: €935
2019 → 2025
Working capital
€36k▲ 33.8%
2024 · €27k
2019: €8k
2020: €23k
2021: €14k
2022: €21k
2023: €43k
2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€40k▲ 15.4%€41k▲ 1.8%€41k▲ 2.3%€47k▲ 13.6%
Operating result€8k-€9k▲ 18.8%€1k▼ 84.3%€3k▲ 84.8%€9k▲ 254%
Net result€6k-€5k▼ 7.0%€725▼ 86.3%€935▲ 28.9%€6k▲ 502%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 254% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€35k▼ 25.8%
Current assets
€54k▲ 13.1%
Equity and liabilities €90k
Equity
€47k▲ 13.6%
Debt
€43k▼ 21.3%
The debt ratio falls from 56.6% to 47.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€22k▲
2024 · €14k
Cash flow
€18k▲
2024 · €13k
Solvency
52.5%▲
2024 · 43.4%
Current ratio
3.03▲
2024 · 2.31
Quick ratio
3.03▲
2024 · 2.26
Debt / equity
0.90▼
2024 · 1.30
ROE
11.9%▲
2024 · 2.3%
ROA
6.3%▲
2024 · 1.0%
Interest coverage
9.92▲
2024 · 5.70
Debt
€43k▼
2024 · €54k
Debt ≤ 1 year
€18k▼
2024 · €21k
Debt > 1 year
€25k▼
2024 · €33k
Income taxes
€3k▲
2024 · €814
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€96k€90k▼
Fixed assets21/28€47k€35k▼
Tangible fixed assets22/27€47k€35k▼
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€44k€33k▼
Financial fixed assets28€50€0▼
Current assets29/58€48k€54k▲
Stocks and contracts in progress3€996€0▼
Stocks30/36€996€0▼
Amounts receivable within one year40/41€45k€52k▲
Trade receivables40€16k€18k▲
Other amounts receivable41€30k€35k▲
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€96k€90k▼
Equity10/15€41k€47k▲
Contributions10/11€19k€19k=
Reserves13€23k€28k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€237€237=
Distributable reserves133€22k€28k▲
Profit (loss) carried forward14€268€292▲
Amounts payable17/49€54k€43k▼
Amounts payable after more than one year17€33k€25k▼
Financial debts170/4€33k€25k▼
Amounts payable within one year42/48€21k€18k▼
Current portion of amounts payable after more than one year42€14k€9k▼
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€17k€23k▲
Operating profit (loss)9901€3k€9k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€2k€9k▲
Income taxes67/77€814€3k▲
Profit (loss) for the period9904€935€6k▲
Profit (loss) for the period to be appropriated9905€935€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€6k▲
Profit (loss) brought forward from the previous period14P€263€268▲
Transfer to equity691/2€930€6k▲
To other reserves6921€930€6k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
01-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
17-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2014
Resigned as Manager
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Forum 12870 Puurs-Sint-AmandsGround area
7,252 m²
Building footprint
407 m²
Parcel 12030B0857/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
INIT CONSULT
since 20032.134.047.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12030B0857/00A000 | Flanders | 7,252 m² | 1 · 407 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 116 EUR awarded · 116 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 116 EUR | 116 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2003
Fiscal year end30-06
Activities, NACEBEL
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
63920Other information service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.