NAMASTE
ActiveSummary
NAMASTE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,409 and a net result of €55,862. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 3267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€105,673turnover 2025
- Equity
- €437,409
- Profit
- €55,862
Who decides
Accounts filed 3 d late0 of 4 deeds read
Why 74+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal form+ Growing equityFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+2
Solvency72▲+7
Growth64▲+6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.01 in 2024; short-term debt: 44.6% and cash: 0.1% of total assets), and 52.6% 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
Six 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
47.4%
Return on assets
6.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €437,409
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
27 d late
2023
29 d late
2022
1 d late
2021
31 d early
2020
54 d late
2019
7 d late
← 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 13 days after 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. Usually files around 3 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Highest result since 2018net €55,862 ▲59.3%
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Turnover €105,673Profit €55,862Solvency 47.4%Liquidity 0.04
Turnover
€105,673▲ 13.0%
2024 - 2025
Net result
€55,862▲ 59.3%
2018 - 2025
Equity
€437,409▲ 13.4%
2018 - 2025
Solvency
47.4%▲ 7.2pp
2018 - 2025
Financials · fiscal year 2025, full schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.09m€0.1m▲ 13.0%
Operating result-€0.03m▼ 182%-€0.05m▼ 65.9%-€0.03m▲ 35.0%€0.02m€0.05m▲ 119%
Net result-€0.02mbelow the sector's middle half▼ 45.6%-€0.04mbelow the sector's middle half▼ 87.8%-€0.02mbelow the sector's middle half▲ 51.3%€0.04mwithin the sector's middle half€0.06mwithin the sector's middle half▲ 59.3%
EBIT margin23.9%46.3%▲ 22.4pp
Equity€0.4mabove the sector's middle half▼ 5.1%€0.4mabove the sector's middle half▼ 10.1%€0.4mwithin the sector's middle half▼ 6.6%€0.4mwithin the sector's middle half▲ 8.7%€0.4mwithin the sector's middle half▲ 13.4%
Total assets€1.0mabove the sector's middle half▼ 4.0%€0.9mabove the sector's middle half▼ 3.9%€0.9mwithin the sector's middle half▼ 3.9%€1.0mwithin the sector's middle half▲ 6.0%€0.9mwithin the sector's middle half▼ 3.7%
Debt€0.4m▼ 2.2%€0.5m▲ 2.8%€0.5m▼ 0.6%€0.5m▲ 6.9%€0.4m▼ 16.1%
Working capital-€0.4mbelow the sector's middle half▲ 1.8%-€0.5mbelow the sector's middle half▼ 2.6%-€0.5mbelow the sector's middle half▲ 1.3%-€0.5mbelow the sector's middle half▼ 7.3%-€0.4mbelow the sector's middle half▲ 19.3%
Solvency43.1%within the sector's middle half▼ 0.5pp40.4%within the sector's middle half▼ 2.8pp39.2%within the sector's middle half▼ 1.1pp40.2%within the sector's middle half▲ 1.0pp47.4%within the sector's middle half▲ 7.2pp
Current ratio0.00below the sector's middle half=0.00below the sector's middle half=0.01below the sector's middle half▲ 0.010.01below the sector's middle half=0.04below the sector's middle half▲ 0.04
Return on assets (ROA)-2.3%below the sector's middle half▼ 0.8pp-4.5%below the sector's middle half▼ 2.2pp-2.3%below the sector's middle half▲ 2.2pp3.7%within the sector's middle half▲ 6.0pp6.1%within the sector's middle half▲ 2.4pp
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.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €922,963
Fixed assets
€904,591 ▼ 5.3%
Current assets
€18,372 ▲ 461%
Equity and liabilities €922,963
Equity
€437,409 ▲ 13.4%
Provisions
€73,699 ▼ 10.4%
Debt
€411,854 ▼ 16.1%
Debt's share of the balance-sheet total falls from 51.2% to 44.6%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€99,646▲
2024 · €65,395
Cash flow
€106,594▲
2024 · €78,099
Debt to equity
0.94▼
2024 · 1.27
ROE
12.8%▲
2024 · 9.1%
Interest coverage
2077.69▲
2024 · 1391.09
Debt ≤ 1 year
€411,854▼
2024 · €490,598
Income taxes
€5,755
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 20,134 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €93,500 | €105,673 | ▲ 13.0% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €39,033 | €67,131 | €52,581 | ▼ 21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,676 | €39,676 | €39,676 | €43,042 | €50,732 | ▲ 17.9% |
| Other operating charges640/8 | €5,498 | €7,310 | €7,968 | €16,354 | €10,562 | ▼ 35.4% |
| Gross operating margin9900 | €14,151 | -€4,485 | €14,187 | €81,749 | €110,208 | ▲ 34.8% |
| Operating profit (loss)9901 | -€31,024 | -€51,471 | -€33,458 | €22,352 | €48,914 | ▲ 119% |
| Financial income75/76B | - | €363 | €0 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | - | €363 | €0 | €1 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | €363 | - | - | - | - |
| Financial charges65/66B | €212 | €35 | €46 | €47 | €48 | ▲ 2.0% |
| Recurring financial charges65 | €212 | €35 | €46 | €47 | €48 | ▲ 2.0% |
| Non-recurring financial charges66B | €212 | €35 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€31,236 | -€51,143 | -€33,505 | €22,306 | €48,866 | ▲ 119% |
| Transfer from deferred taxes780 | €8,561 | €8,561 | €12,750 | €12,750 | €12,750 | = |
| Income taxes67/77 | - | - | - | - | €5,755 | - |
| Profit (loss) for the period9904 | -€22,675 | -€42,582 | -€20,754 | €35,057 | €55,862 | ▲ 59.3% |
| Transfer from tax-exempt reserves789 | €12,750 | €12,750 | €8,561 | €8,561 | €8,561 | = |
| Profit (loss) for the period to be appropriated9905 | -€9,925 | -€29,832 | -€12,193 | €43,617 | €64,422 | ▲ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €979,652 | €941,110 | €904,759 | €958,595 | €922,963 | ▼ 3.7% |
| Fixed assets21/28 | €979,378 | €939,701 | €900,025 | €955,323 | €904,591 | ▼ 5.3% |
| Tangible fixed assets22/27 | €979,378 | €939,701 | €900,025 | €955,323 | €904,591 | ▼ 5.3% |
| Land and buildings22 | €979,378 | €939,701 | €900,025 | €954,327 | €904,067 | ▼ 5.3% |
| Furniture and vehicles24 | - | - | - | €996 | €523 | ▼ 47.5% |
| Current assets29/58 | €275 | €1,409 | €4,734 | €3,273 | €18,372 | ▲ 461% |
| Amounts receivable within one year40/41 | - | - | €2,812 | €0 | €17,822 | - |
| Trade receivables40 | - | - | €2,812 | €0 | €17,822 | - |
| Cash at bank and in hand54/58 | €275 | €1,409 | €1,922 | €3,273 | €550 | ▼ 83.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €979,652 | €941,110 | €904,759 | €958,595 | €922,963 | ▼ 3.7% |
| Equity10/15 | €422,397 | €379,814 | €354,871 | €385,737 | €437,409 | ▲ 13.4% |
| Contributions10/11 | €203,273 | €203,273 | €203,273 | €203,273 | €203,273 | = |
| Capital10 | €203,273 | €203,273 | €203,273 | €203,273 | €203,273 | = |
| Issued capital100 | €203,273 | €203,273 | €203,273 | €203,273 | €203,273 | = |
| Reserves13 | €181,098 | €168,347 | €155,597 | €142,847 | €130,096 | ▼ 8.9% |
| Non-distributable reserves130/1 | €20,327 | €20,327 | €20,327 | €20,327 | €20,327 | = |
| Legal reserve130 | €20,327 | €20,327 | €20,327 | €20,327 | €20,327 | = |
| Tax-exempt reserves132 | €160,771 | €148,020 | €135,270 | €122,519 | €109,769 | ▼ 10.4% |
| Profit (loss) carried forward14 | €38,026 | €8,194 | -€3,999 | €39,618 | €104,041 | ▲ 163% |
| Provisions and deferred taxes16 | €107,942 | €99,381 | €90,820 | €82,260 | €73,699 | ▼ 10.4% |
| Deferred taxes168 | €107,942 | €99,381 | €90,820 | €82,260 | €73,699 | ▼ 10.4% |
| Amounts payable17/49 | €449,314 | €461,914 | €459,068 | €490,598 | €411,854 | ▼ 16.1% |
| Amounts payable within one year42/48 | €449,314 | €461,914 | €459,068 | €490,598 | €411,854 | ▼ 16.1% |
| Trade debts44 | - | - | - | €21,445 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €21,445 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €9,466 | €10,783 | ▲ 13.9% |
| Taxes450/3 | - | - | - | €9,466 | €10,783 | ▲ 13.9% |
| Other amounts payable47/48 | €449,314 | €461,914 | €459,068 | €459,688 | €401,071 | ▼ 12.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,675 | -€42,582 | -€20,754 | €35,057 | €55,862 | ▲ 59.3% |
| + Depreciation and write-downs630 | €39,676 | €39,676 | €39,676 | €43,042 | €50,732 | ▲ 17.9% |
| Operating cash flow (approximation) | €17,001 | -€2,906 | €18,922 | €78,099 | €106,594 | ▲ 36.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€98,340 | €0 | ▲ 100% |
| Change in cash | - | €1,134 | €513 | €1,351 | -€2,722 | ▼ 302% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
LVIV
BE 0673.921.257
Antwerpen · Eq €437,457
PAQUAY & ASSOCIATES
BE 0885.588.224
Oudsbergen · Eq €437,457
GASPAR GESTION ET PARTICIPATIONS
BE 0817.228.265
Crisnée · Eq €437,297
TEFICO
BE 0832.458.552
Oudenaarde · Eq €437,522
Ad Rem Consulting
BE 0455.561.983
Kalmthout · Eq €437,247
Of 82,601 companies in this sector we hold annual accounts for 52,629. 35,738 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 03-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
31-12
Financial
Highest result since 2018net €55,862 ▲59.3%
Operating result €48,914, net result €55,862, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Back to profitnet €35,057
Net result €35,057 after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Back to profitnet €20,118
Net result €20,118 after one loss-making year.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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.
Company details
Public limited company · founded 28-07-1988Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded28-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434927907
Registered
28-10-2025
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.
Sites & property
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1988
Ground area
8,515 m²
Building footprint
369 m²
Volume, LiDAR
3,115 m³
Parcel 11041B0129/00D002, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NAMASTE NV
since 1988unit no. 2.040.861.093
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0129/00D002 | Flanders | 8,515 m² | 1 · 369 m² | 14.1 m · 3 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.
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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.