MANAGEMENT CONSULTING 92
ActiveThe computed 12-month bankruptcy probability of MANAGEMENT CONSULTING 92 is 1.6% (moderate). The 2026 annual accounts show equity of €2k and a net result of €6k. Equity is shrinking by ~15.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 14% of 111 sector peers (fiscal year 2026). The company has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2026
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability53▼-47
Solvency30▲+9
Growth58=
Track record84
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 111 sector peers (2026).
NBB · sector comparisonPosition among 111 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 13-08-2026, 171 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
171 d early
2025
61 d early
2024
52 d early
2023
36 d early
2022
39 d early
2021
4 d late
2020
26 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k▼ 73.5%
2025 · €22k
2019: €-6k
2020: €2k
2021: €4k
2022: €522
2023: €-7k
2024: €-144k
2025: €22k
2019 → 2026
Working capital
€41k▲ 60.5%
2025 · €25k
2019: €-82k
2020: €-62k
2021: €-41k
2022: €-28k
2023: €-35k
2024: €8k
2025: €25k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€126k-€118k▼ 5.8%€-26k€-3k▲ 86.5%€2k
Operating result€14k-€7k▼ 48.2%€78k▲ 944%€49k▼ 37.3%€5k▼ 90.5%
Net result€522-€-7k€-144k▼ 1,869%€22k€6k▼ 73.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 90% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €52k
Fixed assets
€29▼ 99.8%
Current assets
€52k▼ 25.6%
Equity and liabilities €52k
Equity
€2k
Debt
€49k
Debt finances 95.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€9k▼
2025 · €54k
Cash flow
€10k▼
2025 · €27k
Solvency
4.6%▲
2025 · -4.3%
Current ratio
4.77▲
2025 · 1.58
Quick ratio
4.77▲
2025 · 1.58
Debt / equity
20.51▲
2025 · -24.46
ROE
244.6%
ROA
11.4%▼
2025 · 27.2%
Interest coverage
2.45▼
2025 · 12.61
Debt
€49k▼
2025 · €85k
Debt ≤ 1 year
€11k▼
2025 · €44k
Income taxes
€-4k▼
2025 · €22k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€82k€52k▼
Fixed assets21/28€12k€29▼
Tangible fixed assets22/27€10k-
Furniture and vehicles24€10k-
Financial fixed assets28€2k€29▼
Current assets29/58€69k€52k▼
Amounts receivable within one year40/41€15k€21k▲
Trade receivables40€3k€21k▲
Other amounts receivable41€12k-
Current investments50/53€371-
Cash at bank and in hand54/58€52k€31k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€82k€52k▼
Equity10/15€-3k€2k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€64k€64k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-129k€-123k▲
Amounts payable17/49€85k€49k▼
Amounts payable within one year42/48€44k€11k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€41k€8k▼
Taxes450/3€41k€8k▼
Accrued charges and deferred income492/3€41k€39k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€55k€11k▼
Operating profit (loss)9901€49k€5k▼
Financial income75/76B-€524
Recurring financial income75-€524
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€44k€1k▼
Income taxes67/77€22k€-4k▼
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-129k€-123k▲
Profit (loss) brought forward from the previous period14P€-151k€-129k▲
The notes to these accounts (7 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 2027, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
30-06
Financial
Liquidity triplescurrent ratio 4.77
Current ratio from 1.58 to 4.77; short-term debt falls from €44k to €11k.
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
10-06
KBO administration
Address strikeout annulled
23-05
KBO administration
Address struck
Avenue Louise 522 1050 Het adres van de zetel Louizalaan 522 1050 Die Sitzadresse Avenue Louise / Louizalaan
Bruxelles · event 27-03-2025
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Weakest financial yearnet €-144k
Net result drops to €-144k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 7current ratio 1.45
Current ratio from 0.21 to 1.45; short-term debt falls from €45k to €19k.
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Brussel · 1 establishment unit since 1991
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.
Louizalaan 4861050 BrusselGround area
2,341 m²
Building footprint
2,090 m²
Volume, LiDAR
37,345 m³
2 parcels, Brussels · tallest building 30.8 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
MANAGEMENT CONSULTING 92
since 19912.051.388.761
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0136/00P004 | Brussels | 1,645 m² | 1 · 1,471 m² | 29.3 m · 6 fl. |
| 21822R0227/00X002 | Brussels | 696 m² | 1 · 619 m² | 30.8 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 254 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1990
Fiscal year end30-06
Abbreviation FR
MC2
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.