MANAGEMENT & TRAINING
ActiveSummary
MANAGEMENT & TRAINING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €196,344 and a net result of €7,270. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-8
Solvency100=
Growth74=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 7.54 against 2.49 in 2024; short-term debt: 5.1% and cash: 30% of total assets), and 7.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
92.5%
Return on assets
3.4%
Age of the figures
9 mo
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 07-06-2026, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
54 d early
2024
57 d early
2023
49 d early
2022
75 d early
2021
25 d early
2020
11 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€98,121▼ 0.2%
2021 · €98,319
EBIT margin
31.7%▼ 12.0pp
2021 · 43.8%
Net result
€7,270▼ 68.7%
2024 · €23,255
Working capital
€70,087▲ 10.9%
2024 · €63,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€98,319▲ 191%€98,121▼ 0.2%
Operating result€43,026€31,131▼ 27.6%€47,940▲ 54.0%€13,659▼ 71.5%€9,725▼ 28.8%
Net result€34,128within the sector's middle half€20,889within the sector's middle half▼ 38.8%€31,055within the sector's middle half▲ 48.7%€23,255within the sector's middle half▼ 25.1%€7,270within the sector's middle half▼ 68.7%
EBIT margin43.8%▲ 158.3pp31.7%▼ 12.0pp
Equity€113,875within the sector's middle half▲ 42.8%€134,764within the sector's middle half▲ 18.3%€165,819within the sector's middle half▲ 23.0%€189,074within the sector's middle half▲ 14.0%€196,344within the sector's middle half▲ 3.8%
Total assets€179,052within the sector's middle half▲ 7.3%€179,355within the sector's middle half▲ 0.2%€285,289within the sector's middle half▲ 59.1%€242,409within the sector's middle half▼ 15.0%€212,259within the sector's middle half▼ 12.4%
Debt€65,177▼ 25.2%€44,591▼ 31.6%€119,470▲ 168%€53,335▼ 55.4%€15,915▼ 70.2%
Working capital-€18,170▲ 61.9%€18,120€61,507▲ 239%€63,187▲ 2.7%€70,087▲ 10.9%
Solvency63.6%within the sector's middle half▲ 15.8pp75.1%within the sector's middle half▲ 11.5pp58.1%within the sector's middle half▼ 17.0pp78.0%within the sector's middle half▲ 19.9pp92.5%above the sector's middle half▲ 14.5pp
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 abbreviated or 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 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212,259
Fixed assets
€131,448 ▼ 4.0%
Current assets
€80,811 ▼ 23.4%
Equity and liabilities €212,259
Equity
€196,344 ▲ 3.8%
Debt
€15,915 ▼ 70.2%
Debt's share of the balance-sheet total falls from 22.0% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,618▼
2024 · €35,156
Cash flow
€29,163▼
2024 · €44,752
Current ratio
7.54▲
2024 · 2.49
Debt to equity
0.08▼
2024 · 0.28
ROE
3.7%▼
2024 · 12.3%
ROA
3.4%▼
2024 · 9.6%
Interest coverage
48.05▲
2024 · 41.51
Debt ≤ 1 year
€10,724▼
2024 · €42,345
Debt > 1 year
€5,191▼
2024 · €10,990
Income taxes
€2,133▼
2024 · €9,632
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 10,891 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €98,319 | €98,121 | - | - | - | - |
| Non-recurring operating income76A | €30,000 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €41,750 | €41,044 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,833 | €22,216 | €20,900 | €21,497 | €21,893 | ▲ 1.8% |
| Other operating charges640/8 | €3,801 | €3,730 | €3,900 | €8,241 | €4,256 | ▼ 48.4% |
| Non-recurring operating charges66A | €10,909 | - | - | - | €24,635 | - |
| Gross operating margin9900 | €86,569 | €57,077 | €72,740 | €43,397 | €60,509 | ▲ 39.4% |
| Operating profit (loss)9901 | €43,026 | €31,131 | €47,940 | €13,659 | €9,725 | ▼ 28.8% |
| Financial income75/76B | €556 | €2,181 | - | €20,075 | €336 | ▼ 98.3% |
| Recurring financial income75 | €556 | €2,181 | - | €20,075 | €336 | ▼ 98.3% |
| Non-recurring financial income76B | €556 | €2,181 | - | €20,075 | - | - |
| Financial charges65/66B | €1,454 | €1,290 | €1,060 | €847 | €658 | ▼ 22.3% |
| Recurring financial charges65 | €1,454 | €1,290 | €1,060 | €847 | €658 | ▼ 22.3% |
| Profit (loss) for the period before taxes9903 | €42,128 | €32,022 | €46,880 | €32,887 | €9,403 | ▼ 71.4% |
| Income taxes67/77 | €8,000 | €11,133 | €15,825 | €9,632 | €2,133 | ▼ 77.9% |
| Profit (loss) for the period9904 | €34,128 | €20,889 | €31,055 | €23,255 | €7,270 | ▼ 68.7% |
| Profit (loss) for the period to be appropriated9905 | €34,128 | €20,889 | €31,055 | €23,255 | €7,270 | ▼ 68.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €179,052 | €179,355 | €285,289 | €242,409 | €212,259 | ▼ 12.4% |
| Fixed assets21/28 | €158,563 | €138,495 | €120,852 | €136,877 | €131,448 | ▼ 4.0% |
| Tangible fixed assets22/27 | €158,563 | €138,495 | €120,852 | €136,877 | €131,448 | ▼ 4.0% |
| Land and buildings22 | €132,227 | €123,998 | €116,250 | €108,502 | €101,475 | ▼ 6.5% |
| Plant, machinery and equipment23 | €156 | - | €710 | €532 | €1,370 | ▲ 158% |
| Furniture and vehicles24 | €26,180 | €14,497 | €3,892 | €27,843 | €28,603 | ▲ 2.7% |
| Current assets29/58 | €20,489 | €40,860 | €164,437 | €105,532 | €80,811 | ▼ 23.4% |
| Amounts receivable within one year40/41 | €5,982 | €8,597 | €100,167 | €46,870 | €15,934 | ▼ 66.0% |
| Trade receivables40 | €5,982 | €7,684 | €100,167 | €35,635 | €2,082 | ▼ 94.2% |
| Other amounts receivable41 | - | €913 | - | €11,235 | €13,852 | ▲ 23.3% |
| Cash at bank and in hand54/58 | €14,023 | €31,445 | €63,455 | €57,845 | €63,636 | ▲ 10.0% |
| Deferred charges and accrued income490/1 | €484 | €818 | €815 | €817 | €1,241 | ▲ 51.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €179,052 | €179,355 | €285,289 | €242,409 | €212,259 | ▼ 12.4% |
| Equity10/15 | €113,875 | €134,764 | €165,819 | €189,074 | €196,344 | ▲ 3.8% |
| Contributions10/11 | €60,000 | - | - | - | - | - |
| Reserves13 | €7,240 | €67,240 | €67,240 | €67,240 | €67,240 | = |
| Non-distributable reserves130/1 | €7,240 | €67,240 | €67,240 | €67,240 | €67,240 | = |
| Reserves not available under the articles1311 | €7,240 | €67,240 | €67,240 | €67,240 | €67,240 | = |
| Profit (loss) carried forward14 | €46,635 | €67,524 | €98,579 | €121,834 | €129,104 | ▲ 6.0% |
| Amounts payable17/49 | €65,177 | €44,591 | €119,470 | €53,335 | €15,915 | ▼ 70.2% |
| Amounts payable after more than one year17 | €26,518 | €21,851 | €16,540 | €10,990 | €5,191 | ▼ 52.8% |
| Financial debts170/4 | €26,518 | €21,851 | €16,540 | €10,990 | €5,191 | ▼ 52.8% |
| Amounts payable within one year42/48 | €38,659 | €22,740 | €102,930 | €42,345 | €10,724 | ▼ 74.7% |
| Current portion of amounts payable after more than one year42 | €5,257 | €5,082 | €5,311 | €5,550 | €5,800 | ▲ 4.5% |
| Trade debts44 | €6,287 | €3,486 | €81,423 | €34,455 | €4,089 | ▼ 88.1% |
| Suppliers440/4 | €6,287 | €3,486 | €81,423 | €34,455 | €4,089 | ▼ 88.1% |
| Taxes, remuneration and social security45 | €3,639 | €6,133 | €10,205 | €2,340 | €835 | ▼ 64.3% |
| Taxes450/3 | €3,639 | €6,133 | €10,205 | €2,340 | €835 | ▼ 64.3% |
| Other amounts payable47/48 | €23,476 | €8,039 | €5,991 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,128 | €20,889 | €31,055 | €23,255 | €7,270 | ▼ 68.7% |
| + Depreciation and write-downs630 | €28,833 | €22,216 | €20,900 | €21,497 | €21,893 | ▲ 1.8% |
| Operating cash flow (approximation) | €62,961 | €43,105 | €51,955 | €44,752 | €29,163 | ▼ 34.8% |
| Investment in fixed assets (approximation) | - | -€2,148 | -€3,257 | -€37,522 | -€16,464 | ▲ 56.1% |
| Change in cash | - | €17,422 | €32,010 | -€5,610 | €5,791 | ▲ 203% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 7.54
Current ratio from 2.49 to 7.54; short-term debt falls from €42,345 to €10,724.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €165,819 ▲23%
3 profitable years in a row build equity to €165,819.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 1.80
Current ratio from 0.53 to 1.80; short-term debt falls from €38,659 to €22,740.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €34,128
Net result €34,128 after 3 loss-making years.
31-12
Financial
Equity above €100,000Eq €113,875 ▲42.8%
Equity rises from €79,747 to €113,875.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€33,267
Net result drops to -€33,267, the lowest in the series; recovery starts the following year.
Show earlier events
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 97 days late
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Keerbergen · 1 establishment unit since 2007
Ground area
4,222 m²
Building footprint
123 m²
Volume, LiDAR
607 m³
Parcel 24048A0019/00E000, Flanders · tallest building 14.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MANAGEMENT & TRAINING
since 20072.302.064.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0019/00E000 | Flanders | 4,222 m² | 1 · 123 m² | 14.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Kuroa
BE 0798.190.927
Olen · Eq €196,328
SGRIN
BE 0720.958.042
Gent · Eq €196,327
DELAUNOIT GROUP ROBUST EQUIPMENT
BE 0806.494.622
Sambreville · Eq €196,383
TOPOLINO
BE 0838.375.849
Brasschaat · Eq €196,387
FAIRMARKAD
BE 0457.299.174
Anzegem · Eq €196,404
Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887126960
Also
9925:BE0887126960
Registered
21-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.