LOCAL KNOWLEDGE
ActiveSummary
LOCAL KNOWLEDGE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,812 and a net result of €16,218. Equity has been stable since 2022 (±0.5% per year). Its solvency ranks better than 62% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-2008 Normal situation
- Registered office
- 23 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.171.177.625 1190 Vorst, since 27-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €256,831
- ▲ 17.3%
- Turnover
- ≈ €360,000
- estimated
- Profit
- €16,218
- ▼ 10.8%
- Equity
- €166,812
- ▼ 4.9%
- Total assets
- €249,852
- ▼ 2.7%
- Employees on 31-12-2025
- 5
- ▲ 25.0%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Equity €166,812 (66.8% of total assets)Figures for financial year 2025 (filed on 30-06-2026)Liquidity: current ratio 2.99, cash €26,565Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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, micro). It does better than 62% of them on solvency, 29% on liquidity, 42% on profitability and 32% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
The company filed its last 4 accounts on average 37 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 4 filings
2022 to 2025, 4 financial years
The operating result for 2025 is 1% lower than in 2024 and the lowest since 2022. It is the third fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 | 5 |
| full-time | 1 | 2 | 1 | 1 |
| part-time | 2 | 1 | 3 | 4 |
| in full-time equivalents | 2.1 | 2.5 | 2.7 | 3.7 |
| Average over the year, in full-time equivalents | 1.9 | 2.3 | 2.6 | 3.5 |
| On a permanent contract | 3 | 3 | 4 | 5 |
| Joined | - | 1 | 2 | 3 |
| Left | - | 1 | 1 | 2 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,049 | €1,202 | €2,438 | - |
| Financial fixed assets | - | - | - | €100 |
| Depreciation and write-downs of the year | €575 | €396 | €893 | €1,037 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as LOCAL KNOWLEDGE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €234,000 and €289,000, founded between 2007 and 2010.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| LOCAL KNOWLEDGE Vorst | 2008 | €249,852 | €166,812 | €256,831 | €16,218 | - | 2025 |
| G SQUARE Consulting Sint-Pieters-Woluwe | 2007 | €269,614 | -€275,241 | €212,969 | €141,475 | - | 2025 |
| CHALLENGEWORKS Elsene | 2009 | €265,915 | €210,486 | €210,573 | €138,608 | - | 2025 |
| Velde Antwerpen | 2007 | €258,431 | €62,566 | €256,701 | -€62,386 | 2.9 | 2025 |
| Gest-D-Team Braine-le-Château | 2008 | €233,804 | €170,134 | €240,374 | €125,381 | - | 2025 |
| VERMEULEN ALAIN MANAGEMENT SERVICE Thuin | 2007 | €288,926 | €101,822 | €236,909 | -€140,967 | - | 2025 |
| POIVRE ET SEL CONCEPT Ans | 2010 | €286,551 | €140,002 | €260,588 | €21,042 | 4.4 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as LOCAL KNOWLEDGE has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of LOCAL KNOWLEDGE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for LOCAL KNOWLEDGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €109,407 | €126,092 | €189,621 | €228,202 | ▲ 20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €575 | €396 | €893 | €1,037 | ▲ 16.2% |
| Other operating charges640/8 | €226 | €168 | €1,451 | €866 | ▼ 40.3% |
| Non-recurring operating charges66A | - | €886 | - | - | - |
| Gross operating margin9900 | €210,363 | €169,867 | €219,019 | €256,831 | ▲ 17.3% |
| Operating profit (loss)9901 | €100,155 | €42,324 | €27,054 | €26,726 | ▼ 1.2% |
| Financial income75/76B | €2,129 | €2,477 | €2,350 | €1,073 | ▼ 54.3% |
| Recurring financial income75 | €2,129 | €2,477 | €2,350 | €1,073 | ▼ 54.3% |
| Financial charges65/66B | €666 | €1,200 | €1,966 | €2,089 | ▲ 6.3% |
| Recurring financial charges65 | €666 | €1,200 | €1,966 | €2,089 | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | €101,618 | €43,601 | €27,437 | €25,710 | ▼ 6.3% |
| Income taxes67/77 | €30,535 | €13,518 | €9,265 | €9,492 | ▲ 2.4% |
| Profit (loss) for the period9904 | €71,083 | €30,083 | €18,172 | €16,218 | ▼ 10.8% |
| Profit (loss) for the period to be appropriated9905 | €71,083 | €30,083 | €18,172 | €16,218 | ▼ 10.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €239,281 | €287,583 | €256,711 | €249,852 | ▼ 2.7% |
| Fixed assets21/28 | €1,773 | €1,065 | €2,609 | €1,672 | ▼ 35.9% |
| Tangible fixed assets22/27 | €1,145 | €1,065 | €2,609 | €1,572 | ▼ 39.8% |
| Plant, machinery and equipment23 | €839 | - | €1,065 | €801 | ▼ 24.8% |
| Furniture and vehicles24 | €306 | €1,065 | €1,544 | €771 | ▼ 50.1% |
| Financial fixed assets28 | €628 | - | - | €100 | - |
| Current assets29/58 | €237,508 | €286,518 | €254,101 | €248,180 | ▼ 2.3% |
| Amounts receivable within one year40/41 | €214,871 | €261,886 | €248,329 | €217,657 | ▼ 12.4% |
| Trade receivables40 | €57,520 | €70,321 | €46,037 | €20,532 | ▼ 55.4% |
| Other amounts receivable41 | €157,351 | €191,566 | €202,292 | €197,124 | ▼ 2.6% |
| Cash at bank and in hand54/58 | €21,482 | €24,157 | €4,758 | €26,565 | ▲ 458% |
| Deferred charges and accrued income490/1 | €1,155 | €475 | €1,015 | €3,959 | ▲ 290% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €239,281 | €287,583 | €256,711 | €249,852 | ▼ 2.7% |
| Equity10/15 | €163,873 | €178,229 | €175,377 | €166,812 | ▼ 4.9% |
| Contributions10/11 | €500 | €500 | €500 | €500 | = |
| Reserves13 | €159,626 | €173,982 | €171,130 | €166,312 | ▼ 2.8% |
| Non-distributable reserves130/1 | €50 | - | - | - | - |
| Reserves not available under the articles1311 | €50 | - | - | - | - |
| Distributable reserves133 | €159,576 | €173,982 | €171,130 | €166,312 | ▼ 2.8% |
| Profit (loss) carried forward14 | €3,747 | €3,747 | €3,747 | - | - |
| Amounts payable17/49 | €75,408 | €109,354 | €81,333 | €83,040 | ▲ 2.1% |
| Amounts payable within one year42/48 | €75,408 | €109,354 | €81,333 | €82,922 | ▲ 2.0% |
| Trade debts44 | €16,428 | €46,203 | €17,347 | €13,039 | ▼ 24.8% |
| Suppliers440/4 | €16,428 | €46,203 | €17,347 | €13,039 | ▼ 24.8% |
| Taxes, remuneration and social security45 | €49,223 | €47,424 | €42,962 | €45,101 | ▲ 5.0% |
| Taxes450/3 | €35,211 | €32,745 | €25,080 | €19,893 | ▼ 20.7% |
| Remuneration and social security454/9 | €14,012 | €14,678 | €17,883 | €25,208 | ▲ 41.0% |
| Other amounts payable47/48 | €9,757 | €15,727 | €21,024 | €24,783 | ▲ 17.9% |
| Accrued charges and deferred income492/3 | - | - | - | €118 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,083 | €30,083 | €18,172 | €16,218 | ▼ 10.8% |
| + Depreciation and write-downs630 | €575 | €396 | €893 | €1,037 | ▲ 16.2% |
| Operating cash flow (approximation) | €71,658 | €30,480 | €19,065 | €17,255 | ▼ 9.5% |
| Investment in fixed assets (approximation) | - | €312 | -€2,438 | -€100 | ▲ 95.9% |
| Change in cash | - | €2,675 | -€19,398 | €21,807 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-05-2023 Capital stated in the deed · 100 shares
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Louise HILDITCH |
|
| Julia KOLOKOTSA |
|
Network & group
LOCAL KNOWLEDGE shares no director with another company.
Companies at the same address
22 other companies- Reno Chic Registered office · since 2026 1041472073
- Hàttér Society Belgium Registered office · since 2025 1029861668
- Right to Health International Registered office · since 2025 1019714280
- Euro-MENA Initiative for Democracy and Development Registered office · since 2024 1012920223
- TBIGC BELGIUM Registered office · since 2023 0799108071
- Sociofind: Réseau d'innovation sociale et régionale Registered office · since 2023 0800224165
- Natural Resource Governance Institute - Europe Registered office · since 2023 0745930691
- Coalition for Life-Course Immunisation Registered office · since 2021 0772991812
- Global Witness Registered office · since 2021 0763679119
- Liver Patients International Registered office · since 2019 0740852247
Connections & network
1 current directorThe network starts from the directors of LOCAL KNOWLEDGE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-05
Gazette deed
Company renamed from LOCAL KNOWLEDGE, HILDITCH & KOLOKOTSA ASSOCIES to LOCAL KNOWLEDGEResignations: Louise HILDITCH (gérant de la société en nom collectif) and Julia KOLOKOTSA (gérant de la société en nom collectif) · Reappointment: Louise HILDITCH (administrateur non statutaire de la société à responsabilité limitée) · Auditor report12 points ▸
- General meeting, 31-03-2023
- Other provision, “Première résolution: dispense de lecture des rapports, dispense le président de donner lecture” (deed in French)
- Auditor report, 24-03-2023
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Name change, LOCAL KNOWLEDGE
- Amendment of the articles
- Capital
- Director resignation, Louise HILDITCH (gérant de la société en nom collectif)
- Director resignation, Julia KOLOKOTSA (gérant de la société en nom collectif)
- Director reappointment, Louise HILDITCH (administrateur non statutaire de la société à responsabilité limitée)
- Power of attorney
- Power of attorney, Dimitri CLEENEWERCK de CRAYENCOUR
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
3 activities
- La société a pour objet de conseiller les organisations et les entreprises dans toute démarche liée à l'établissement, la gestion stratégique, l'achèvement des buts desdits sociétés et organisations et la gestion journalière desdits sociétés et organisations.
- Elle peut s'intéresser par voie d'apports, de souscriptions, d'interventions financières ou par tout autre mode dans toutes sociétés ou entreprises ayant en tout ou en partie un objet similaire au sien ou susceptible de développer l'une ou l'autre branche de son activité.
- De façon générale, elle peut faire toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement en tout ou en partie à son objet ou qui seraient de nature à en faciliter ou développer la réalisation et qui ne lui sont pas interdites par la loi.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21384D0291/00B015 | Brussels | 186 m² | 1 · 63 m² | 9.9 m · 2 |