Equity
JUSTE has made a profit without a break since 2014.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 54% of them on solvency, 33% on liquidity, 52% on profitability and 96% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Liquidity is insufficient, with a current ratio of 0.05 (0.05 in 2024), below 1. Short-term debt is 19.3% and cash 0.8% of total assets. 43.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| JUSTE Namur | €2.2m | €45,919 | 56.9% | - |
| AOA CONSULTING Brussels | €2.0m | €45,709 | 36.0% | - |
| STRABAL Ath | €2.2m | €45,054 | 80.8% | - |
| Rudy Hoskens Knokke-Heist | €1.9m | €43,374 | 63.3% | - |
| DaVinci Consult Maarkedal | €1.9m | €43,974 | 57.8% | - |
| LEWIS Ronse | €1.9m | €47,085 | 60.6% | - |
| MAGNESIA Sprimont | €2.3m | €51,460 | 99.1% | - |
These companies have the same main activity as JUSTE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.9m and €2.3m, founded between 2008 and 2010.
JUSTE files the micro format. That format states no turnover. The gross margin rose from €17,254 in 2009 to €45,919 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €80,000 and €180,000.
Higher than 51% of 39,368 companies in 2025.
Lower than 95% of 38,051 companies in 2025.
Higher than 76% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
2.2m | 2.2m | 2.3m | 834,790 | 833,126 | 1.1m | 1.1m | 980,940 | 691,958 | 645,141 | 650,573 | 587,903 | 61,014 | 68,574 | 65,176 | 86,150 | 102,309 | |
21/28 |
2.1m | 2.1m | 2.1m | 665,427 | 696,966 | 808,342 | 687,659 | 699,597 | 655,092 | 639,165 | 644,503 | 581,153 | 48,976 | 58,428 | 42,467 | 58,831 | 78,073 | |
22/27 |
11,866 | 17,799 | 23,890 | 43,607 | 75,146 | 186,522 | 65,839 | 77,777 | 33,272 | 17,345 | 22,683 | 31,333 | 38,976 | 38,428 | 42,467 | 58,831 | 78,073 | |
22 |
- | - | - | - | 0 | 134,359 | - | - | - | - | - | - | - | - | - | - | - | |
23 |
- | - | 0 | 138 | 423 | 2,995 | 4,424 | 5,852 | 7,281 | 8,709 | 10,138 | 11,566 | 11,615 | - | - | - | - | |
24 |
11,866 | 17,799 | 23,890 | 43,469 | 74,723 | 49,168 | 61,416 | 71,925 | 25,992 | 8,636 | 12,545 | 19,766 | 27,361 | 38,428 | 31,312 | 36,521 | 44,608 | |
28 |
2.1m | 2.1m | 2.1m | 621,820 | 621,820 | 621,820 | 621,820 | 621,820 | 621,820 | 621,820 | 621,820 | 549,820 | 10,000 | 20,000 | - | - | - | |
29/58 |
20,199 | 56,225 | 150,681 | 169,363 | 136,160 | 268,056 | 369,191 | 281,343 | 36,866 | 5,976 | 6,069 | 6,751 | 12,038 | 10,146 | 22,709 | 27,319 | 24,236 | |
3 |
- | - | - | - | 0 | 27,000 | 270,000 | 270,206 | 2,488 | 2,723 | 1,600 | 1,279 | 6,268 | 2,484 | 1,258 | 2,201 | 6,143 | |
30/36 |
- | - | - | - | 0 | 27,000 | 270,000 | 270,206 | 2,488 | 2,723 | 1,600 | 1,279 | 6,268 | 2,484 | 1,258 | 2,201 | 6,143 | |
40/41 |
1,348 | 39,451 | 131,664 | 163,156 | 132,521 | 141,543 | 93,264 | 8,399 | 32,797 | 1,920 | 2,302 | 4,726 | 2,940 | 2,684 | 20,235 | 738 | 8,800 | |
40 |
1,348 | 5,000 | 4,320 | 2,715 | 6,050 | 6,798 | 153 | 401 | 30,877 | - | 382 | 2,806 | 1,020 | 764 | - | 503 | 3,088 | |
41 |
0 | 34,451 | 127,344 | 160,441 | 126,471 | 134,745 | 93,111 | 7,997 | 1,920 | 1,920 | 1,920 | 1,920 | 1,920 | 1,920 | 20,235 | 235 | 5,712 | |
54/58 |
16,327 | 15,730 | 15,405 | 2,212 | 814 | 94,956 | 877 | 1,647 | 353 | 849 | 1,699 | 286 | 1,324 | 3,691 | 1,216 | 24,380 | 9,293 | |
490/1 |
2,524 | 1,045 | 3,612 | 3,995 | 2,825 | 4,557 | 5,051 | 1,092 | 1,229 | 483 | 469 | 460 | 1,506 | 1,287 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
2.2m | 2.2m | 2.3m | 834,790 | 833,126 | 1.1m | 1.1m | 980,940 | 691,958 | 645,141 | 650,573 | 587,903 | 61,014 | 68,574 | 65,176 | 86,150 | 102,309 | |
10/15 |
1.2m | 461,144 | 480,903 | 517,513 | 608,477 | 598,222 | 372,931 | 335,831 | 185,745 | 124,257 | 41,450 | 5,608 | -102,827 | -86,723 | -57,069 | -30,065 | 38,460 | |
10/11 |
88,944 | 88,944 | 88,944 | 88,944 | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 85,000 | 85,000 | 85,000 | 85,000 | 85,000 | |
100 |
- | - | - | - | - | - | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 185,000 | 85,000 | 85,000 | 85,000 | 85,000 | 85,000 | |
13 |
18,500 | 18,500 | 55,600 | 187,222 | 187,222 | 187,222 | 187,222 | 150,123 | 37 | - | - | - | - | - | - | - | - | |
130/1 |
- | - | - | 0 | 18,500 | 18,500 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 18,500 | 18,500 | 37 | - | - | - | - | - | - | - | - | |
1311 |
- | - | - | 0 | 18,500 | 18,500 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
18,500 | 18,500 | 55,600 | 187,222 | 168,722 | 168,722 | 168,722 | 131,623 | - | - | - | - | - | - | - | - | - | |
14 |
1.1m | 353,700 | 336,359 | 241,346 | 236,255 | 225,999 | 708 | 708 | 708 | -60,743 | -143,550 | -179,392 | -187,827 | -171,723 | -142,069 | -115,065 | -46,540 | |
17/49 |
928,253 | 1.7m | 1.8m | 317,277 | 224,649 | 478,177 | 683,920 | 645,109 | 506,213 | 520,883 | 609,122 | 582,295 | 163,841 | 155,298 | 122,245 | 116,215 | 63,849 | |
17 |
511,547 | 666,252 | 821,651 | 8,975 | 20,671 | 52,243 | 326,853 | 341,644 | 307,333 | 354,702 | 384,415 | 412,515 | 2,704 | 19,570 | 44,195 | 67,354 | 25,938 | |
170/4 |
511,547 | 666,252 | 821,651 | 8,975 | 20,671 | 52,243 | 326,853 | 341,644 | 307,333 | 354,702 | 384,415 | 412,515 | 2,704 | 19,570 | 44,195 | 67,354 | 25,938 | |
42/48 |
416,706 | 1.1m | 993,838 | 308,302 | 203,978 | 425,933 | 357,066 | 303,465 | 195,129 | 163,181 | 223,957 | 169,780 | 161,137 | 135,728 | 71,751 | 44,543 | 33,666 | |
42 |
154,704 | 155,399 | 169,911 | 14,627 | 31,573 | 59,752 | 59,851 | 48,513 | 35,822 | 35,141 | 33,984 | 35,805 | 16,866 | 25,881 | 23,764 | 21,845 | 6,868 | |
43 |
- | - | - | - | 0 | 160,000 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | 0 | 160,000 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
1,451 | 120 | 1,320 | 3,886 | 7,439 | 70,703 | 67,821 | 22,619 | 30,899 | 29,875 | 13,605 | 17,525 | 17,037 | 7,825 | 9,313 | 3,946 | 5,677 | |
440/4 |
1,451 | 120 | 1,320 | 3,886 | 7,439 | 70,703 | 67,821 | 22,619 | 30,899 | 29,875 | 13,605 | 17,525 | 17,037 | 7,825 | 9,313 | 3,946 | 5,677 | |
46 |
- | - | - | - | - | - | - | - | 3,751 | - | - | - | - | - | - | - | - | |
45 |
3,953 | 5,791 | 12,602 | 26,852 | 48,113 | 67,978 | 61,222 | 66,055 | 28,426 | 40,447 | 36,202 | 13,430 | 10,456 | 9,108 | 9,227 | 3,576 | 1,121 | |
450/3 |
3,953 | 5,791 | 12,602 | 26,852 | 48,113 | 67,978 | 61,187 | 64,657 | 26,101 | 29,503 | 31,223 | 8,665 | 4,569 | 796 | 7,562 | 2,113 | - | |
454/9 |
- | - | - | - | - | 0 | 35 | 1,398 | 2,325 | 10,944 | 4,979 | 4,765 | 5,887 | 8,312 | 1,665 | 1,462 | 1,121 | |
47/48 |
256,598 | 893,508 | 810,005 | 262,936 | 116,854 | 67,500 | 168,171 | 166,278 | 96,232 | 57,718 | 140,166 | 103,021 | 116,778 | 92,913 | 29,446 | 15,176 | 20,000 | |
492/3 |
0 | 13,631 | - | - | - | - | - | - | 3,750 | 3,000 | 750 | - | - | - | 6,300 | 4,318 | 4,245 | |
| Income statement | ||||||||||||||||||
76A |
- | 0 | 1,841 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
45,919 | 39,902 | 26,737 | 6,609 | 11,608 | 219,775 | 88,827 | 119,489 | 111,634 | 131,208 | 87,666 | 65,314 | 30,067 | 32,924 | 23,352 | -25,646 | 17,254 | |
62 |
- | - | - | - | - | - | - | - | 2,693 | 20,731 | 24,923 | 25,510 | 27,562 | 35,056 | 24,154 | 14,793 | 40,842 | |
630 |
5,933 | 6,090 | 7,984 | 31,539 | 24,931 | 35,708 | 14,541 | 16,479 | 10,081 | 8,633 | 8,649 | 9,024 | 13,002 | 22,795 | 19,963 | 19,243 | 18,569 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,395 | - | |
640/8 |
1,344 | 812 | 1,205 | 2,900 | 4,946 | 3,572 | 4,225 | 2,656 | 9,613 | 546 | 5,377 | 16,673 | 2,521 | 610 | 1,148 | 110 | 22 | |
66A |
- | - | - | 0 | 23,575 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
38,642 | 33,000 | 17,548 | -27,830 | -41,844 | 180,496 | 70,061 | 100,354 | 89,246 | 101,297 | 48,717 | 14,107 | -13,019 | -25,537 | -21,912 | -62,187 | -42,179 | |
75/76B |
750,000 | 30,000 | 100,000 | 120,000 | 60,000 | 100,000 | 0 | 100,000 | - | - | - | 37 | - | - | - | 38 | 125 | |
75 |
750,000 | 30,000 | 100,000 | 120,000 | 60,000 | 100,000 | 0 | 100,000 | - | - | - | 37 | - | - | - | 38 | 125 | |
65/66B |
22,623 | 45,659 | 21,565 | 1,985 | 7,445 | 11,548 | 12,325 | 15,242 | 11,680 | 18,490 | 12,875 | 5,725 | 3,085 | 4,118 | 5,092 | 6,370 | 4,482 | |
65 |
22,623 | 45,659 | 21,565 | 1,985 | 7,445 | 11,548 | 12,325 | 15,242 | 11,680 | 18,490 | 12,875 | 5,725 | 3,085 | 4,118 | 5,092 | 6,370 | 4,482 | |
9903 |
766,019 | 17,341 | 95,983 | 90,186 | 10,710 | 268,947 | 57,737 | 185,113 | 77,566 | 82,807 | 35,842 | 8,419 | -16,104 | -29,654 | -27,004 | -68,520 | -46,536 | |
67/77 |
1,531 | 0 | 971 | 1,150 | 455 | 43,656 | 20,637 | 35,027 | 16,078 | - | - | -17 | - | - | - | 5 | 4 | |
9904 |
764,488 | 17,341 | 95,013 | 89,035 | 10,255 | 225,291 | 37,100 | 150,085 | 61,488 | 82,807 | 35,842 | 8,436 | -16,104 | -29,654 | -27,004 | -68,525 | -46,540 | |
9905 |
764,488 | 17,341 | 95,013 | 89,035 | 10,255 | 225,291 | 37,100 | 150,085 | 61,488 | 82,807 | 35,842 | 8,436 | -16,104 | -29,654 | -27,004 | -68,525 | -46,540 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
1.1m | 353,700 | 336,359 | 325,290 | 236,255 | 225,999 | 37,808 | 150,794 | 745 | -60,743 | -143,550 | -179,392 | -187,827 | -171,723 | -142,069 | -115,065 | -46,540 | |
14P |
353,700 | 336,359 | 241,346 | 236,255 | 225,999 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 37,100 | 131,623 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 0 | 37,100 | 150,085 | 37 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | 0 | 18,463 | 37 | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | 0 | 37,100 | 131,623 | - | - | - | - | - | - | - | - | - | |
694/7 |
0 | 37,100 | 131,623 | 83,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
0 | 37,100 | 131,623 | 83,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 1.3 | 0.9 | 0.6 | 0.4 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 150 | 1,250 | 1,178 | 1,399 | 1,829 | 2,450 | 1,619 | 1,079 | 843 | |
| Document | ||||||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472303.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00472303 | |
| 31-12-2024 | micro format | 27-05-2025 | 2025-00108006 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00266181 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00231691 | |
| 31-12-2021 | micro format | 15-07-2022 | 2022-20208479 | |
| 31-12-2020 | micro format | 08-07-2021 | 2021-33200420 | |
| 31-12-2019 | micro format | 25-08-2020 | 2020-44600198 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-42000425 | |
| 31-12-2017 | micro format | 19-06-2018 | 2018-20300027 | |
| 31-12-2016 | micro format | 12-07-2017 | 2017-30700327 | |
| 31-12-2015 | full format | 16-06-2016 | 2016-19900435 | |
| 31-12-2014 | full format | 19-08-2015 | 2015-44400128 | |
| 31-12-2013 | full format | 05-11-2014 | 2014-66700573 | |
| 31-12-2012 | full format | 30-08-2013 | 2013-56900339 | |
| 31-12-2011 | full format | 13-09-2012 | 2012-56800036 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-48700192 | |
| 31-12-2009 | full format | 30-08-2010 | 2010-49900282 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44,575 | 39,090 | 25,531 | 3,709 | -16,913 | 216,204 | 84,602 | 116,833 | 99,327 | 109,931 | 57,366 | 23,131 | -17 | -2,742 | -1,949 | -42,944 | -23,610 | ||
| 770,421 | 23,432 | 102,996 | 120,574 | 35,186 | 260,999 | 51,640 | 166,564 | 71,569 | 91,440 | 44,491 | 17,459 | -3,102 | -6,859 | -7,041 | -49,282 | -27,971 | ||
| 0 | 0 | 1.5m | 0 | 67,130 | 156,391 | 2,602 | 60,984 | 26,008 | 3,295 | 78,000 | 545,200 | 13,550 | 38,756 | 3,599 | 0 | 96,642 | ||
| 597 | 325 | 13,193 | 1,398 | -94,142 | 94,079 | -770 | 1,294 | -497 | -849 | 1,413 | -1,039 | -2,367 | 2,475 | -23,163 | 15,087 | - | ||
| -396,507 | -998,593 | -843,157 | -138,939 | -67,818 | -157,877 | 12,125 | -22,122 | -158,264 | -157,205 | -217,888 | -163,029 | -149,099 | -125,582 | -49,041 | -17,224 | -9,430 | ||
| 56.9% | 21.0% | 20.9% | 62.0% | 73.0% | 55.6% | 35.3% | 34.2% | 26.8% | 19.3% | 6.4% | 1.0% | -168.5% | -126.5% | -87.6% | -34.9% | 37.6% | ||
| 0.05 | 0.05 | 0.15 | 0.55 | 0.67 | 0.63 | 1.03 | 0.93 | 0.19 | 0.04 | 0.03 | 0.04 | 0.07 | 0.07 | 0.32 | 0.61 | 0.72 | ||
| 0.05 | 0.05 | 0.15 | 0.55 | 0.67 | 0.57 | 0.28 | 0.04 | 0.18 | 0.02 | 0.02 | 0.03 | 0.04 | 0.06 | 0.30 | 0.56 | 0.54 | ||
| 0.76 | 3.76 | 3.78 | 0.61 | 0.37 | 0.80 | 1.83 | 1.92 | 2.73 | 4.19 | 14.70 | - | - | - | - | - | 1.66 | ||
| 62.4% | 3.8% | 19.8% | 17.2% | 1.7% | 37.7% | 9.9% | 44.7% | 33.1% | 66.6% | 86.5% | 150.4% | - | - | - | - | -121.0% | ||
| 35.5% | 0.8% | 4.1% | 10.7% | 1.2% | 20.9% | 3.5% | 15.3% | 8.9% | 12.8% | 5.5% | 1.4% | -26.4% | -43.2% | -41.4% | -79.5% | -45.5% | ||
| 1.97 | 0.86 | 1.18 | 1.87 | -2.27 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €67,130 |
| Financial fixed assets | - | - | €1.5m | - | - |
| €5,933 | €6,090 | €7,984 | €31,539 | €24,931 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 17% higher than in 2024 and the highest since 2020. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 79.0% to 43.1%. Equity is higher and debt is lower.
Source: shareholder structure in its own accounts
Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of JUSTE. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| JUSTE SRL registered office Rue Dix-Bonniers 28, 5024 Namur | 01-04-2009 | 2.177.255.169 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92083B0209/00L012 | 1,937 m² | 1 · 305 m² | 7.2 m · 2 |
If something looks wrong or is missing, please tell us.