M22 CONSULTING
ActiveM22 CONSULTING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €23k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 2027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 23.76 against 33.56 in 2024; short-term debt: 4% and cash: 21.1% of total assets), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
96%
Return on assets
10.1%
Age of the figures
9 mo
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
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
58 d early
2023
14 d early
2022
13 d early
2021
75 d early
2020
52 d early
2019
73 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€98k
EBIT margin
104.5%
Net result
€23k▼ 10.7%
2024 · €26k
2018: €22k
2019: €36k
2020: €20k
2021: €41k
2022: €19k
2023: €27k
2024: €26k
2018 → 2025
Working capital
€207k▼ 15.9%
2024 · €246k
2018: €204k
2019: €237k
2020: €236k
2021: €232k
2022: €231k
2023: €238k
2024: €246k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€238k-€257k▲ 8.2%€259k▲ 0.7%€263k▲ 1.6%€220k▼ 16.3%
Operating result€57k-€24k▼ 57.2%€35k▲ 42.5%€31k▼ 11.1%€28k▼ 9.9%
Net result€41k-€19k▼ 53.0%€27k▲ 36.6%€26k▼ 2.5%€23k▼ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €230k
Fixed assets
€13k▼ 22.4%
Current assets
€216k▼ 14.8%
Equity and liabilities €230k
Equity
€220k▼ 16.3%
Debt
€9k▲ 20.3%
The debt ratio rises from 2.8% to 4.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32k▼
2024 · €35k
Cash flow
€27k▼
2024 · €30k
Solvency
96.0%▼
2024 · 97.2%
Current ratio
23.76▼
2024 · 33.56
Quick ratio
23.76▼
2024 · 33.56
Debt / equity
0.04▲
2024 · 0.03
ROE
10.5%▲
2024 · 9.8%
ROA
10.1%▲
2024 · 9.6%
Interest coverage
326.15▲
2024 · 222.08
Debt
€9k▲
2024 · €8k
Debt ≤ 1 year
€9k▲
2024 · €8k
Income taxes
€9k▼
2024 · €10k
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€271k€230k▼
Fixed assets21/28€17k€13k▼
Tangible fixed assets22/27€17k€13k▼
Furniture and vehicles24€17k€13k▼
Financial fixed assets28€300€300=
Current assets29/58€254k€216k▼
Amounts receivable after more than one year29€130k€84k▼
Other amounts receivable291€130k€84k▼
Amounts receivable within one year40/41€68k€83k▲
Trade receivables40€10k€12k▲
Other amounts receivable41€58k€71k▲
Cash at bank and in hand54/58€55k€48k▼
Deferred charges and accrued income490/1€853€864▲
Equity and liabilities
Total equity and liabilities10/49€271k€230k▼
Equity10/15€263k€220k▼
Contributions10/11€12k€12k=
Reserves13€251k€208k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€249k€206k▼
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€2k€688▼
Suppliers440/4€2k€688▼
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€0€0=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€995€768▼
Gross operating margin9900€36k€32k▼
Operating profit (loss)9901€31k€28k▼
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€158€97▼
Recurring financial charges65€158€97▼
Profit (loss) for the period before taxes9903€36k€32k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€26k€23k▼
Profit (loss) for the period to be appropriated9905€26k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€23k▼
Transfer from equity791/2€22k€66k▲
Transfer to equity691/2€26k€23k▼
To other reserves6921€26k€23k▼
Profit to be distributed694/7€22k€66k▲
Return on contributions (dividend)694€22k€66k▲
The notes to these accounts (9 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €19k ▼53%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 31.73
Current ratio from 7.37 to 31.73; short-term debt falls from €36k to €8k.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €41k ▲104%
Net result €41k, the highest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2012
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.
Rue des Vennes 784020 LiègeGround area
158 m²
Building footprint
64 m²
Volume, LiDAR
780 m³
Parcel 62806C0514/00V003, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M22 CONSULTING
since 20122.213.351.245
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0514/00V003 | Wallonia | 158 m² | 1 · 64 m² | 13.5 m · 4 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
5493008VEQVCER0L8B19
Similar companies · same sector, comparable size
CORRELATIONS
BE 0463.824.702
Ukkel · Eq €221k
How's Work
BE 0660.673.532
Antwerpen · Eq €220k
BELGIMED
BE 0403.810.703
Boechout · Eq €220k
SYINNA
BE 0546.606.084
Zwevegem · Eq €220k
RAILCAMPUS
BE 0833.194.168
Westerlo · Eq €219k
Of 11,667 companies in sector 85599 we hold annual accounts for 1,329. 924 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2012
Fiscal year end31-12
Activities, NACEBEL
85599Other education
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.