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Markup Consult

Active
Private limited companyfounded 20251 yr activeRue de la Vieille Forge 2, 4557 Tinlot, BelgiumKBO/BCE: BE 1021.306.565
Summary

Markup Consult has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,180 and a net result of €15,013. Its solvency ranks better than 30% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency59
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.35; short-term debt: 30.8% and cash: 23.6% of total assets), and 65.8% of the assets are financed with debt.
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Signals

Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.2%
Return on assets
26.8%
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 29-04-2026, 93 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
93 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Markup Consult was incorporated on 21 March 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€19,180
Total assets
€56,062
Net result
€15,013
Working capital
€5,961

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €56,062
Fixed assets €32,858
Current assets €23,204
Equity and liabilities €56,062
Equity €19,180
Debt €36,882
Debt finances 65.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€26,789
Cash flow
€19,463
Current ratio
1.35
Debt to equity
1.92
ROE
78.3%
ROA
26.8%
Interest coverage
40.50
Debt ≤ 1 year
€17,242
Debt > 1 year
€19,640
Income taxes
€6,664

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 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 11,280 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€56,062
Fixed assets21/28€32,858
Tangible fixed assets22/27€32,858
Furniture and vehicles24€32,858
Current assets29/58€23,204
Amounts receivable within one year40/41€9,867
Trade receivables40€8,113
Other amounts receivable41€1,754
Cash at bank and in hand54/58€13,240
Deferred charges and accrued income490/1€97
Equity and liabilities
Total equity and liabilities10/49€56,062
Equity10/15€19,180
Contributions10/11€5,000
Reserves13€14,180
Distributable reserves133€14,180
Profit (loss) carried forward14€0
Amounts payable17/49€36,882
Amounts payable after more than one year17€19,640
Financial debts170/4€19,640
Amounts payable within one year42/48€17,242
Current portion of amounts payable after more than one year42€7,972
Trade debts44€1,812
Suppliers440/4€1,812
Taxes, remuneration and social security45€4,742
Taxes450/3€4,742
Other amounts payable47/48€2,716
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,449
Other operating charges640/8€1,189
Gross operating margin9900€27,978
Operating profit (loss)9901€22,339
Financial charges65/66B€661
Recurring financial charges65€661
Profit (loss) for the period before taxes9903€21,678
Income taxes67/77€6,664
Profit (loss) for the period9904€15,013
Profit (loss) for the period to be appropriated9905€15,013
Appropriation of the result
Profit (loss) to be appropriated9906€15,013
Transfer to equity691/2€14,180
To other reserves6921€14,180
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,449
Other operating charges640/8€1,189
Gross operating margin9900€27,978
Operating profit (loss)9901€22,339
Financial charges65/66B€661
Recurring financial charges65€661
Profit (loss) for the period before taxes9903€21,678
Income taxes67/77€6,664
Profit (loss) for the period9904€15,013
Profit (loss) for the period to be appropriated9905€15,013
Line2025
Assets
Total assets20/58€56,062
Fixed assets21/28€32,858
Tangible fixed assets22/27€32,858
Furniture and vehicles24€32,858
Current assets29/58€23,204
Amounts receivable within one year40/41€9,867
Trade receivables40€8,113
Other amounts receivable41€1,754
Cash at bank and in hand54/58€13,240
Deferred charges and accrued income490/1€97
Equity and liabilities
Total equity and liabilities10/49€56,062
Equity10/15€19,180
Contributions10/11€5,000
Reserves13€14,180
Distributable reserves133€14,180
Profit (loss) carried forward14€0
Amounts payable17/49€36,882
Amounts payable after more than one year17€19,640
Financial debts170/4€19,640
Amounts payable within one year42/48€17,242
Current portion of amounts payable after more than one year42€7,972
Trade debts44€1,812
Suppliers440/4€1,812
Taxes, remuneration and social security45€4,742
Taxes450/3€4,742
Other amounts payable47/48€2,716
Line2025
Profit (loss) for the period9904€15,013
+ Depreciation and write-downs630€4,449
Operating cash flow (approximation)€19,463

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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Timeline · acts, filings and financial milestones

2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tinlot · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,326 m²
Building footprint
99 m²
Volume, LiDAR
671 m³
Parcel 61023C0105/00E000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Vieille Forge 2, 4557 Tinlot
Computer consultancy and computer facilities management
since 20252.371.621.789
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61023C0105/00E000 Wallonia 1,326 m² 1 · 98 m² 8.7 m · 2 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

Of 29,996 companies in this sector we hold annual accounts for 18,400. 12,851 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021306565
Registered 25-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.