Equity
-€1,714
Debts exceed assets in financial year 2025.
METHOD
Overview
Lifetime
5 annual accounts with figures on one time axispeak €37,949 (2021)
-€199▲ €9,007
lowest -€16,927 (2024)
-€4,520▲ €12,407
peak €29,540 (2021)
-€1,714▼ €4,520
€272,999▲ 2.0%
Board2 names since 2020
2 directorsBRONCKAERS Kevin and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from -€9,206 to -€199Loss of €4,520Equity from €2,806 to -€1,714Cash from €52,138 to €13,776
Key points
from the 2025 annual accountsLosses
-€31,254 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€272,999 101% of the balance sheet
Suppliers 1%Taxes and wages 2%Other 97%
Of this, €267,641 falls due within a year.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 29 to 32 days before the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
-€1,714
Less equity than 90% of companies in education. Sector median €484,890 · 847 companies.
Turnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 10% of micro companies in education (NACE 85)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.4 percentage points vs 08-2026
10-2026: 0.8%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€1,714
lowers risk
Sector: Education (NACE 85)
Size: total assets €271,285
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 85, micro). It does better than 15% of them on solvency, 4% on liquidity, 19% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as METHOD has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of METHOD itself is lower: 0.8% within 12 months. It rests on far more data about METHOD than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,564 companies, not a prediction for METHOD. 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.
Credit verdict
No credit on open account
Liquidity is tight, with a current ratio of 1.01 (0.98 in 2024), below the usual 1.5. Short-term debt is 98.7% and cash 5.1% of total assets. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€1,714
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 29-06-2026, 32 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
32 days early
2024
32 days early
2023
31 days early
2022
29 days early
2021
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 31 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BRONCKAERS Kevin 50 sharesdeed of 31-01-2020
- DE SCHRIJDER Ophelia 50 sharesdeed of 31-01-2020
Recent changes
Registered office moved from Hasselt to Genk
New registered office: Hasseltweg 372 te 3600 Genk · Previous registered office: Goetbloetsstraat 9, 3500 Hasselt · General meeting of 21-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0742634176
Registered office moved to Hasselt
New registered office: Goetsbloetsstraat 9 te 3500 Hasselt · General meeting of 30-06-2024 · Gazette deed
Appointment: Ophelia De Schrijder (director)
General meeting of 30-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| METHOD Genk | €271,285 | -€199 | -0.6% | - |
| ESPACE-COACHS Bastogne | €258,186 | -€45,206 | 35.8% | - |
| KOKORO BUSINESS Bruges | €312,711 | -€13,984 | 26.3% | - |
| Gudrun Hespel Antwerp | €365,876 | -€22,542 | 52.3% | - |
| V-TAE CONSULTING Kalmthout | €168,325 | -€1,874 | 89.0% | - |
| Hans Cornelis Oostkamp | €268,957 | -€4,500 | -36.9% | - |
| VDV HORSES Grez-Doiceau | €413,340 | -€43,781 | 93.7% | - |
These companies have the same main activity as METHOD: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €168,000 and €413,000, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 29-01-2020Normal situation
- Activity
- Sports and recreation educationNACE 85510and 5 others
- Establishment unit
- 2.298.550.3053500 Hasselt, since 29-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2024
Annual accounts 2025
- -€199▲ 97.8%
- €4,520▼ 73.3%
- -€1,714
- €271,285▲ 0.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on METHOD
METHOD files the abbreviated format. That format states no turnover. The gross margin fell from €37,949 in 2021 to -€199 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 29-06-2026, 32 days before the deadline-€199
▲ €9,007
-€4,096
▲ €12,149
-€4,520
▲ €12,407
€2,608
▲ €6,760
-0.6%
▼ 1.7 percentage points
1.01
▲ 0.03
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €271,285 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-0.6%
Higher than 10% of 846 companies in 2025.
1.01
Higher than 21% of 823 companies in 2025.
-1.7%
Higher than 22% of 835 companies in 2025.
METHOD
Middle half of the sector
80% of the sector
Abbreviated accounts in education (NACE 85)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
271,285 | 270,518 | 31,369 | 43,341 | 44,656 | |
21/28 |
1,037 | 12,123 | 17,710 | 23,769 | 2,945 | |
22/27 |
1,037 | 12,123 | 17,710 | 23,769 | 2,945 | |
24 |
214 | 11,139 | 16,567 | 22,465 | 1,481 | |
26 |
823 | 983 | 1,144 | 1,304 | 1,464 | |
29/58 |
270,248 | 258,395 | 13,659 | 19,572 | 41,711 | |
3 |
248,794 | 206,258 | 673 | - | - | |
30/36 |
248,794 | 206,258 | 673 | - | - | |
40/41 |
- | - | 8,500 | - | - | |
40 |
- | - | 8,500 | - | - | |
54/58 |
13,776 | 52,138 | 4,486 | 19,572 | 41,711 | |
490/1 |
7,678 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
271,285 | 270,518 | 31,369 | 43,341 | 44,656 | |
10/15 |
-1,714 | 2,806 | 19,734 | 24,817 | 29,540 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
26,540 | 26,540 | 26,540 | 26,540 | 26,540 | |
133 |
26,540 | 26,540 | 26,540 | 26,540 | 26,540 | |
14 |
-31,254 | -26,734 | -9,806 | -4,723 | - | |
17/49 |
272,999 | 267,711 | 11,635 | 18,524 | 15,116 | |
17 |
- | - | 1,725 | 8,518 | - | |
170/4 |
- | - | 1,725 | 8,518 | - | |
42/48 |
267,641 | 262,547 | 9,910 | 10,006 | 15,116 | |
42 |
255,164 | 251,725 | 6,793 | 6,624 | - | |
44 |
2,458 | 1,455 | 144 | 37 | 2,655 | |
440/4 |
2,458 | 1,455 | 144 | 37 | 2,655 | |
45 |
6,320 | 7,022 | 2,123 | 2,816 | 11,124 | |
450/3 |
6,320 | 7,022 | 2,123 | 2,816 | 11,124 | |
47/48 |
3,698 | 2,345 | 850 | 529 | 1,336 | |
492/3 |
5,358 | 5,164 | - | - | - | |
| Income statement | ||||||
9900 |
-199 | -9,206 | 2,443 | 2,442 | 37,949 | |
630 |
420 | 5,588 | 5,786 | 4,779 | 336 | |
640/8 |
1,076 | 1,452 | 847 | 1,357 | 275 | |
66A |
2,401 | - | - | - | - | |
9901 |
-4,096 | -16,246 | -4,190 | -3,694 | 37,337 | |
75/76B |
3 | 6 | 3 | 10 | 4 | |
75 |
3 | 6 | 3 | 10 | 4 | |
65/66B |
235 | 453 | 526 | 640 | 123 | |
65 |
235 | 453 | 526 | 640 | 123 | |
9903 |
-4,328 | -16,692 | -4,714 | -4,324 | 37,218 | |
67/77 |
192 | 235 | 370 | 399 | 10,678 | |
9904 |
-4,520 | -16,927 | -5,083 | -4,723 | 26,540 | |
9905 |
-4,520 | -16,927 | -5,083 | -4,723 | 26,540 | |
| Appropriation of the result | ||||||
9906 |
-31,254 | -26,734 | -9,806 | -4,723 | 26,540 | |
14P |
-26,734 | -9,806 | -4,723 | - | - | |
691/2 |
- | - | - | - | 26,540 | |
6921 |
- | - | - | - | 26,540 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00211095 | |
| 31-12-2024 | abbreviated format | 29-06-2025 | 2025-00192851 | |
| 31-12-2023 | abbreviated format | 30-06-2024 | 2024-00204551 | |
| 31-12-2022 | abbreviated format | 02-07-2023 | 2023-00187170 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20107186 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -3,676 | -10,658 | 1,596 | 1,085 | 37,674 | ||
| -4,100 | -11,340 | 703 | 56 | 26,877 | ||
| -10,665 | 0 | -273 | 25,603 | 3,281 | ||
| -38,362 | 47,652 | -15,086 | -22,139 | - | ||
| 2,608 | -4,152 | 3,749 | 9,566 | 26,595 | ||
| -0.6% | 1.0% | 62.9% | 57.3% | 66.2% | ||
| 1.01 | 0.98 | 1.38 | 1.96 | 2.76 | ||
| 0.08 | 0.20 | 1.31 | 1.96 | 2.76 | ||
| - | 95.39 | 0.59 | 0.75 | 0.51 | ||
| - | -603.2% | -25.8% | -19.0% | 89.8% | ||
| -1.7% | -6.3% | -16.2% | -10.9% | 59.4% | ||
| -15.67 | -23.53 | 3.03 | 1.70 | over 100 |
A ratio outside any meaningful range has been withheld (balance sheet total €271,285, equity -€1,714).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €25,603 | €3,281 |
| €420 | €5,588 | €5,786 | €4,779 | €336 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on METHOD
The operating result for 2025 is a loss of €4,096, smaller than the loss of €16,246 in 2024.
Equity is negative. Debt (€272,999) exceeds the balance-sheet total (€271,285).
Board & ownership
Board
2 directors, no change since 2023Director
appointed by deed of 31-01-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Director
appointed by deed of 20-11-2023
listed in the 2025 annual accounts, filed on 29-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 31-01-2020
Mandates through the years
2 names, the dashed line is todayBRONCKAERS Kevin
Director
Director
Ophelia De Schrijder
Director
Director
BoardEarlier
Mandates as a list
- BRONCKAERS Kevin
- Director, from 29-01-2020 to date
- Ophelia De Schrijder
- Director, appointed by deed of 31-01-2020, until 05-11-2021
- Director, appointed by deed of 20-11-2023, still in office
Control
Founders
This company
METHOD
Equity -€1,714
Loss €4,520 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- -€17.14 in 2025
- Source
- deed of 31-01-2020
Articles of association
deed of 31-01-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 15:00
Shareholders
At incorporation
deed of 31-01-2020 ↗
- BRONCKAERS Kevin 50 shares (50%) · €1,500
- DE SCHRIJDER Ophelia 50 shares (50%) · €1,500
Network & group
No group
METHOD has no parent and no holdings in its annual accounts. METHOD shares no director with another company.
At the same address
Hasseltweg 372, 3600 Genk · 1 other company| LIBELYA
establishment since 09-09-2009 · founded in 2009 |
total assets €1.9m (2025) 0818.458.284 |
Timeline
Timeline
13 events since 2020Board
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from Hasselt to GenkNew registered office: Hasseltweg 372 te 3600 Genk · Previous registered office: Goetbloetsstraat 9, 3500 Hasselt · General meeting of 21-09-20262 points ▸
- General meeting, 21-09-2026
- Registered-office move, Hasseltweg 372 te 3600 Genk
Annual accounts 2025 filed NBBabbreviated format · 32 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 32 days before the deadline
2024
Weakest financial year net -€16,927 The net result drops to -€16,927, the lowest from 2021 to 2025. It recovers the following year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0742634176
Registered office moved to HasseltNew registered office: Goetsbloetsstraat 9 te 3500 Hasselt · General meeting of 30-06-20242 points ▸
- General meeting, 30-06-2024
- Registered-office move, Goetsbloetsstraat 9 te 3500 Hasselt
Annual accounts 2023 filed PDFabbreviated format · 31 days before the deadline
2023
- General meeting, 30-09-2023
- Director appointment, Ophelia De Schrijder
Annual accounts 2022 filed PDFabbreviated format · 29 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 32 days before the deadline
2021
Resignation: Ophelia De Schrijder (director)1 point ▸
- Director resignation, Ophelia De Schrijder
- The deed holds 1 more point.
2020
IncorporationFounding capital of €3,000, 100 shares · Founders: BRONCKAERS Kevin and DE SCHRIJDER Ophelia · Appointments: BRONCKAERS Kevin (director) and DE SCHRIJDER Ophelia (director) · published on 31-01-20205 points ▸
- Founder, BRONCKAERS Kevin
- Founder, DE SCHRIJDER Ophelia
- Founding capital, €3,000, 100 shares
- Director appointment, BRONCKAERS Kevin
- Director appointment, DE SCHRIJDER Ophelia
- The deed holds 1 more point.
First establishment Goetsbloetsstraat 9, Hasselt
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0742.634.176
- VAT number
- BE 0742.634.176
- Peppol ID
- 0208:0742634176
- Other Peppol ID
- 9925:BE0742634176
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-01-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 15:00deed of 31-01-2020 (in Dutch)
- Peppol
- Reachable since 23-09-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- METHOD in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-01-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Goetsbloetsstraat 15, 3500 Hasselt”deed of 31-01-2020 (in Dutch)
Activities
NACEBEL 202585510
Sports and recreation education main activity
13950
Manufacture of textiles
Codes under NACEBEL 2008
85510
Sports and recreation education main activity
13950
Manufacture of textiles
14110
Manufacture of wearing apparel
14199
Manufacture of wearing apparel
15120
Manufacture of leather and related products
16210
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hasseltweg 372 registered office 3600 Genk | ||
| Goetsbloetsstraat 9 3500 Hasselt | 29-01-2020 | 2.298.550.305 |
1 former office
- Goetbloetsstraat 9, 3500 Hasselt until 05-10-2026 · deed of 14-10-2026
Buildings and parcels at the addresses
- Ground area
- 1,993 m²
- Buildings
- 279 m²
- Volume, LiDAR
- 1,738 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71306G0220/00M005 | 1,779 m² | 1 · 181 m² | 9.0 m · 2 |
| 71326F0092/00M007 | 215 m² | 1 · 98 m² | 10.2 m · 1 |