NEW CONSULT SOLUTION
ActiveSummary
NEW CONSULT SOLUTION has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5,083 and a net result of -€4,610. Equity is shrinking by ~17.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 13% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability18▲+17
Solvency33▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.05 against 1.14 in 2023; short-term debt: 92.3% and cash: 6.8% of total assets), and 92.3% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.7%
Return on assets
-7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year -€4,610
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 37948 sector peers (2024).
NBB · sector comparisonPosition among 37948 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
106 d late
2023
68 d late
2022
29 d late
2021
58 d early
2020
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€5,083▼ 47.6%
2023 · €9,692
Total assets
€66,181▲ 27.6%
2023 · €51,865
Net result
-€4,610▲ 36.1%
2023 · -€7,212
Working capital
€3,291▼ 44.2%
2023 · €5,900
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€19,062--€522€1,992-€2,556€528
Net result€14,796--€598€1,707-€7,212-€4,610▲ 36.1%
Equity€15,796-€15,198▼ 3.8%€16,904▲ 11.2%€9,692▼ 42.7%€5,083▼ 47.6%
Total assets€20,057-€15,198▼ 24.2%€36,598▲ 141%€51,865▲ 41.7%€66,181▲ 27.6%
Debt€4,261-€19,694€42,173▲ 114%€61,098▲ 44.9%
Working capital€15,796-€11,112€5,900▼ 46.9%€3,291▼ 44.2%
Staff (FTE)12.3▲ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €528 after a loss of €2,556 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66,181
Fixed assets
€1,792 ▼ 52.7%
Current assets
€64,389 ▲ 33.9%
Equity and liabilities €66,181
Equity
€5,083 ▼ 47.6%
Debt
€61,098 ▲ 44.9%
Debt's share of the balance-sheet total rises from 81.3% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,528▲
2023 · -€556
Cash flow
-€2,610▲
2023 · -€5,212
Current ratio
1.05▼
2023 · 1.14
Debt to equity
12.02▲
2023 · 4.35
ROE
-90.7%▼
2023 · -74.4%
ROA
-7.0%▲
2023 · -13.9%
Interest coverage
0.98▲
2023 · -0.26
Debt ≤ 1 year
€61,098▲
2023 · €42,173
Income taxes
€2,665▲
2023 · €2,612
Staff costs
€55,687▼
2023 · €91,736
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
3.9%
went bankrupt
3.3%
stopped otherwise
92%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 849 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €13,645 | €91,736 | €55,687 | ▼ 39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €208 | €2,000 | €2,000 | = |
| Gross operating margin9900 | €19,062 | -€522 | €15,845 | €91,180 | €58,214 | ▼ 36.2% |
| Operating profit (loss)9901 | €19,062 | -€522 | €1,992 | -€2,556 | €528 | ▲ 121% |
| Financial income75/76B | - | - | €250 | €86 | €100 | ▲ 15.7% |
| Recurring financial income75 | - | - | €250 | €86 | €100 | ▲ 15.7% |
| Financial charges65/66B | - | €77 | €131 | €2,131 | €2,572 | ▲ 20.7% |
| Recurring financial charges65 | €5 | €77 | €131 | €2,131 | €2,572 | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €19,057 | -€598 | €2,111 | -€4,600 | -€1,944 | ▲ 57.7% |
| Income taxes67/77 | €4,261 | - | €404 | €2,612 | €2,665 | ▲ 2.0% |
| Profit (loss) for the period9904 | €14,796 | -€598 | €1,707 | -€7,212 | -€4,610 | ▲ 36.1% |
| Profit (loss) for the period to be appropriated9905 | €14,796 | -€598 | €1,707 | -€7,212 | -€4,610 | ▲ 36.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,057 | €15,198 | €36,598 | €51,865 | €66,181 | ▲ 27.6% |
| Fixed assets21/28 | - | - | €5,792 | €3,792 | €1,792 | ▼ 52.7% |
| Tangible fixed assets22/27 | - | - | €5,792 | €3,792 | €1,792 | ▼ 52.7% |
| Furniture and vehicles24 | - | - | €5,792 | €3,792 | €1,792 | ▼ 52.7% |
| Current assets29/58 | €20,057 | €15,198 | €30,807 | €48,073 | €64,389 | ▲ 33.9% |
| Amounts receivable after more than one year29 | - | - | €17,612 | €6,088 | €6,804 | ▲ 11.8% |
| Trade receivables290 | - | - | €17,612 | €6,088 | €6,804 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €1,810 | €171 | €10,695 | €41,583 | €53,116 | ▲ 27.7% |
| Trade receivables40 | - | - | €10,695 | €41,583 | €53,091 | ▲ 27.7% |
| Other amounts receivable41 | - | €171 | - | - | €25 | - |
| Cash at bank and in hand54/58 | €18,247 | €15,026 | €2,499 | €403 | €4,469 | ▲ 1,010% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,057 | €15,198 | €36,598 | €51,865 | €66,181 | ▲ 27.6% |
| Equity10/15 | €15,796 | €15,198 | €16,904 | €9,692 | €5,083 | ▼ 47.6% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Outside capital11 | - | - | €1,000 | - | - | - |
| Share premium1100/10 | - | - | €1,000 | - | - | - |
| Reserves13 | €14,500 | €14,500 | €14,500 | €14,500 | €14,500 | = |
| Distributable reserves133 | - | €14,500 | €14,500 | €14,500 | €14,500 | = |
| Profit (loss) carried forward14 | €296 | -€302 | €1,404 | -€5,808 | -€10,417 | ▼ 79.4% |
| Amounts payable17/49 | €4,261 | - | €19,694 | €42,173 | €61,098 | ▲ 44.9% |
| Amounts payable within one year42/48 | €4,261 | - | €19,694 | €42,173 | €61,098 | ▲ 44.9% |
| Trade debts44 | - | - | €9,326 | €10,328 | €21,344 | ▲ 107% |
| Suppliers440/4 | - | - | €9,326 | €10,328 | €21,344 | ▲ 107% |
| Taxes, remuneration and social security45 | - | - | €10,368 | €31,844 | €39,754 | ▲ 24.8% |
| Taxes450/3 | - | - | €5,594 | €19,527 | €26,487 | ▲ 35.6% |
| Remuneration and social security454/9 | - | - | €4,774 | €12,317 | €13,267 | ▲ 7.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,796 | -€598 | €1,707 | -€7,212 | -€4,610 | ▲ 36.1% |
| + Depreciation and write-downs630 | - | - | €208 | €2,000 | €2,000 | = |
| Operating cash flow (approximation) | €14,796 | -€598 | €1,915 | -€5,212 | -€2,610 | ▲ 49.9% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | -€3,221 | -€12,527 | -€2,097 | €4,066 | ▲ 294% |
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet -€7,212
Net result drops to -€7,212, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €1,707
Net result €1,707 after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Koekelberg · 1 establishment unit since 2020
Ground area
591 m²
Building footprint
180 m²
Volume, LiDAR
2,662 m³
Parcel 21492B0103/00Y000, Brussels · tallest building 24.6 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
MNDZ Company
since 20202.298.275.537
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0103/00Y000 | Brussels | 591 m² | 1 · 179 m² | 24.6 m · 5 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
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BE 0805.832.745
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BE 1031.275.591
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Thallos Equestrian
BE 0830.069.580
Geetbets · Eq €5,075
KunstKonsult
BE 0502.529.383
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XP MANAGEMENT
BE 0830.025.436
Verviers · Eq €5,093
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 15,735 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
Founded21-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46190Agents in non-specialised wholesale trade
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
82300Organisation of conventions and trade shows
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741808884
Registered
05-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.