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KB Consult

Active
Private limited companyfounded 20224 yrs activeKlaterbaan 48, 9300 Aalst, BelgiumKBO/BCE: BE 0785.892.713
Summary

KB Consult has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,768 and a net result of €30,304. Equity is growing by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 34931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · fiscal year 2025, micro schema

Equity
€112,768▼ 2.3%
2024 · €115,467
Total assets
€141,486▼ 8.6%
2024 · €154,764
Net result
€30,304▼ 37.4%
2024 · €48,417
Working capital
€110,472▼ 1.8%
2024 · €112,443
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
Line2022202320242025
Operating result€27,974-€49,799▲ 78.0%€64,002▲ 28.5%€41,735▼ 34.8%
Net result€22,043within the sector's middle half-€38,007within the sector's middle half▲ 72.4%€48,417within the sector's middle half▲ 27.4%€30,304within the sector's middle half▼ 37.4%
Equity€29,043within the sector's middle half-€67,051within the sector's middle half▲ 131%€115,467within the sector's middle half▲ 72.2%€112,768within the sector's middle half▼ 2.3%
Total assets€46,929below the sector's middle half-€89,732within the sector's middle half▲ 91.2%€154,764within the sector's middle half▲ 72.5%€141,486within the sector's middle half▼ 8.6%
Debt€17,886-€22,682▲ 26.8%€39,296▲ 73.3%€28,718▼ 26.9%
Working capital€29,043within the sector's middle half-€67,051within the sector's middle half▲ 131%€112,443within the sector's middle half▲ 67.7%€110,472within the sector's middle half▼ 1.8%
Solvency61.9%within the sector's middle half-74.7%within the sector's middle half▲ 12.8pp74.6%within the sector's middle half▼ 0.1pp79.7%above the sector's middle half▲ 5.1pp
Current ratio2.62within the sector's middle half-3.96within the sector's middle half▲ 1.333.86within the sector's middle half▼ 0.094.85above the sector's middle half▲ 0.99
Return on assets (ROA)47.0%above the sector's middle half-42.4%above the sector's middle half▼ 4.6pp31.3%within the sector's middle half▼ 11.1pp21.4%within the sector's middle half▼ 9.9pp
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€20,000€40,000€60,000Operating result 2022: €27,974€27,974Net result 2022: €22,043€22,043Operating result 2023: €49,799€49,799Net result 2023: €38,007€38,007Operating result 2024: €64,002€64,002Net result 2024: €48,417€48,417Operating result 2025: €41,735€41,735Net result 2025: €30,304€30,3042022202320242025€0€20,000€40,000€60,000Operating result 2023: €49,799€49,800Net result 2023: €38,007€38,000Operating result 2024: €64,002€64,000Net result 2024: €48,417€48,400Operating result 2025: €41,735€41,700Net result 2025: €30,304€30,300202320242025
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141,486
Fixed assets €2,296 ▼ 24.1%
Current assets €139,190 ▼ 8.3%
Equity and liabilities €141,486
Equity €112,768 ▼ 2.3%
Debt €28,718 ▼ 26.9%
Debt's share of the balance-sheet total falls from 25.4% to 20.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,464▼
2024 · €64,622
Cash flow
€31,033▼
2024 · €49,037
Debt to equity
0.25▼
2024 · 0.34
ROE
26.9%▼
2024 · 41.9%
Interest coverage
17.56▼
2024 · 20.95
Debt ≤ 1 year
€28,718▼
2024 · €39,296
Income taxes
€9,018▼
2024 · €12,501
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% 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 0.4% 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 497,366 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 39,278 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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€154,764€141,486▼
Fixed assets21/28€3,025€2,296▼
Tangible fixed assets22/27€3,025€2,296▼
Plant, machinery and equipment23€3,025€2,296▼
Current assets29/58€151,739€139,190▼
Amounts receivable within one year40/41€25,713€38,233▲
Trade receivables40€25,713€34,752▲
Other amounts receivable41-€3,482
Cash at bank and in hand54/58€124,376€99,236▼
Deferred charges and accrued income490/1€1,651€1,720▲
Equity and liabilities
Total equity and liabilities10/49€154,764€141,486▼
Equity10/15€115,467€112,768▼
Contributions10/11€7,000€5,000▼
Reserves13-€107,768
Distributable reserves133-€107,768
Profit (loss) carried forward14€108,467€0▼
Amounts payable17/49€39,296€28,718▼
Amounts payable within one year42/48€39,296€28,718▼
Trade debts44€19€478▲
Suppliers440/4€19€478▲
Taxes, remuneration and social security45€35,392€23,643▼
Taxes450/3€32,151€20,373▼
Remuneration and social security454/9€3,241€3,271▲
Other amounts payable47/48€3,885€4,596▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€620€729▲
Other operating charges640/8€350€811▲
Gross operating margin9900€64,971€43,275▼
Operating profit (loss)9901€64,002€41,735▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€3,084€2,418▼
Recurring financial charges65€3,084€2,418▼
Profit (loss) for the period before taxes9903€60,918€39,322▼
Income taxes67/77€12,501€9,018▼
Profit (loss) for the period9904€48,417€30,304▼
Profit (loss) for the period to be appropriated9905€48,417€30,304▼
Appropriation of the result
Profit (loss) to be appropriated9906€108,467€138,771▲
Profit (loss) brought forward from the previous period14P€60,051€108,467▲
Transfer from equity791/2-€33,003
Transfer to equity691/2-€138,771
To other reserves6921-€138,771
Profit to be distributed694/7-€33,003
Return on contributions (dividend)694-€33,003

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

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€620€729▲ 17.6%
Other operating charges640/8€180€117€350€811▲ 132%
Gross operating margin9900€28,154€49,915€64,971€43,275▼ 33.4%
Operating profit (loss)9901€27,974€49,799€64,002€41,735▼ 34.8%
Financial income75/76B--€0€5▲ 1,028%
Recurring financial income75--€0€5▲ 1,028%
Financial charges65/66B€66€1,181€3,084€2,418▼ 21.6%
Recurring financial charges65€66€1,181€3,084€2,418▼ 21.6%
Profit (loss) for the period before taxes9903€27,908€48,618€60,918€39,322▼ 35.5%
Income taxes67/77€5,864€10,610€12,501€9,018▼ 27.9%
Profit (loss) for the period9904€22,043€38,007€48,417€30,304▼ 37.4%
Profit (loss) for the period to be appropriated9905€22,043€38,007€48,417€30,304▼ 37.4%
Line2022202320242025Change
Assets
Total assets20/58€46,929€89,732€154,764€141,486▼ 8.6%
Fixed assets21/28--€3,025€2,296▼ 24.1%
Tangible fixed assets22/27--€3,025€2,296▼ 24.1%
Plant, machinery and equipment23--€3,025€2,296▼ 24.1%
Current assets29/58€46,929€89,732€151,739€139,190▼ 8.3%
Amounts receivable within one year40/41€18,150€0€25,713€38,233▲ 48.7%
Trade receivables40€18,150€0€25,713€34,752▲ 35.2%
Other amounts receivable41---€3,482-
Cash at bank and in hand54/58€28,779€89,732€124,376€99,236▼ 20.2%
Deferred charges and accrued income490/1--€1,651€1,720▲ 4.2%
Equity and liabilities
Total equity and liabilities10/49€46,929€89,732€154,764€141,486▼ 8.6%
Equity10/15€29,043€67,051€115,467€112,768▼ 2.3%
Contributions10/11€7,000€7,000€7,000€5,000▼ 28.6%
Reserves13---€107,768-
Distributable reserves133---€107,768-
Profit (loss) carried forward14€22,043€60,051€108,467€0▼ 100%
Amounts payable17/49€17,886€22,682€39,296€28,718▼ 26.9%
Amounts payable within one year42/48€17,886€22,682€39,296€28,718▼ 26.9%
Trade debts44€356€1,595€19€478▲ 2,394%
Suppliers440/4€356€1,595€19€478▲ 2,394%
Taxes, remuneration and social security45€15,383€18,883€35,392€23,643▼ 33.2%
Taxes450/3€15,383€18,883€32,151€20,373▼ 36.6%
Remuneration and social security454/9--€3,241€3,271▲ 0.9%
Other amounts payable47/48€2,146€2,203€3,885€4,596▲ 18.3%
Line2022202320242025Change
Profit (loss) for the period9904€22,043€38,007€48,417€30,304▼ 37.4%
+ Depreciation and write-downs630--€620€729▲ 17.6%
Operating cash flow (approximation)€22,043€38,007€49,037€31,033▼ 36.7%
Investment in fixed assets (approximation)---€0-
Change in cash-€60,953€34,643-€25,139▼ 173%

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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Similar companies · same sector, comparable size

Of 82,687 companies in this sector we hold annual accounts for 53,299. 41,357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €225 awarded · €225 paid
Year Entries awardedpaid
2023 1 €225€225
Schemes
1 entry · €225 · €225 paid · Fonds voor Innoveren en Ondernemen