OBJECT DESIGN & CONSULT
ActiveSummary
OBJECT DESIGN & CONSULT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.71M and a net result of €-13k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 45% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▲+6
Solvency51▲+1
Growth31=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity short (current ratio 0.25 against 2.89 in 2023; short-term debt: 70.7% and cash: 6.2% of total assets), and 74.1% of the assets are financed with debt.
Credit check for your own amount and term
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
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
25.9%
Return on assets
-0.1%
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
18192021222324
2018 to 2024 · latest year €-13k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
29 d early
2022
38 d early
2021
37 d early
2020
44 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.83M▲ 6.0%
2020 · €1.72M
2018: €1.91Mhighest in 4 years
2019: €1.84M▼ -3.6% vs 2018
2020: €1.72M▼ -6.3% vs 2019lowest in 4 years
2021: €1.83M▲ +6.0% vs 2020
2018 → 2021
EBIT margin
4.7%▼ 3.4pp
2020 · 8.2%
2018: 51.7%highest in 4 years
2019: 29.9%▼ -42.2% vs 2018
2020: 8.2%▼ -72.6% vs 2019
2021: 4.7%▼ -42.1% vs 2020lowest in 4 years
2018 → 2021
Net result
€-13k▲ 97.1%
2023 · €-459k
2018: €606khighest in 7 years
2019: €326k▼ -46.2% vs 2018
2020: €50k▼ -84.7% vs 2019
2021: €-38k▼ -177% vs 2020
2022: €33k▲ +187% vs 2021
2023: €-459k▼ -1480% vs 2022lowest in 7 years
2024: €-13k▲ +97.1% vs 2023
2018 → 2024
Working capital
€-9.60M
2023 · €1.77M
2018: €-268k
2019: €-784k▼ -192% vs 2018
2020: €220k▲ +128% vs 2019
2021: €1.07M▲ +388% vs 2020
2022: €1.72M▲ +60.3% vs 2021
2023: €1.77M▲ +2.9% vs 2022highest in 7 years
2024: €-9.60M▼ -642% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.72M-€1.83M▲ 6.0%
2020: €1.72M
2021: €1.83M▲ +6.0% vs 2020
Equity€5.17M-€5.13M▼ 0.7%€5.19M▲ 1.2%€4.73M▼ 9.0%€4.71M▼ 0.4%
2020: €5.17M
2021: €5.13M▼ -0.7% vs 2020
2022: €5.19M▲ +1.2% vs 2021highest in 5 years
2023: €4.73M▼ -9.0% vs 2022
2024: €4.71M▼ -0.4% vs 2023lowest in 5 years
Operating result€141k-€87k▼ 38.6%€234k▲ 170%€-351€446k
2020: €141k
2021: €87k▼ -38.6% vs 2020
2022: €234k▲ +170% vs 2021
2023: €-351▼ -100% vs 2022lowest in 5 years
2024: €446k▲ +127252% vs 2023highest in 5 years
Net result€50k-€-38k€33k€-459k€-13k▲ 97.1%
2020: €50khighest in 5 years
2021: €-38k▼ -177% vs 2020
2022: €33k▲ +187% vs 2021
2023: €-459k▼ -1480% vs 2022lowest in 5 years
2024: €-13k▲ +97.1% vs 2023
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €446k after a loss of €351 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €18.19M
Fixed assets
€14.92M ▼ 6.9%
Current assets
€3.28M ▲ 20.9%
Equity and liabilities €18.19M
Equity
€4.71M ▼ 0.4%
Provisions
€6k ▼ 18.0%
Debt
€13.48M ▼ 3.7%
Debt's share of the balance-sheet total falls from 74.7% to 74.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.68M▲
2023 · €1.29M
Cash flow
€1.22M▲
2023 · €836k
Current ratio
0.25▼
2023 · 2.89
Debt to equity
2.86▼
2023 · 2.96
ROE
-0.3%▲
2023 · -9.7%
ROA
-0.1%▲
2023 · -2.5%
Interest coverage
2.46▲
2023 · 2.05
Debt ≤ 1 year
€12.87M▲
2023 · €939k
Debt > 1 year
€228k▼
2023 · €12.69M
Income taxes
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€18.73M€18.19M▼
Fixed assets21/28€16.02M€14.92M▼
Tangible fixed assets22/27€9.22M€7.98M▼
Land and buildings22€8.27M€7.26M▼
Plant, machinery and equipment23€286k€229k▼
Furniture and vehicles24€286k€166k▼
Other tangible fixed assets26€378k€326k▼
Financial fixed assets28€6.80M€6.94M▲
Current assets29/58€2.71M€3.28M▲
Amounts receivable within one year40/41€1.56M€1.40M▼
Trade receivables40€1.48M€1.33M▼
Other amounts receivable41€80k€70k▼
Current investments50/53€750k€750k=
Cash at bank and in hand54/58€370k€1.13M▲
Deferred charges and accrued income490/1€32k-
Equity and liabilities
Total equity and liabilities10/49€18.73M€18.19M▼
Equity10/15€4.73M€4.71M▼
Contributions10/11€1.42M€1.42M=
Revaluation surpluses12€2.17M€2.17M=
Reserves13€83k€83k=
Non-distributable reserves130/1€83k€83k=
Reserves not available under the articles1311€83k€83k=
Profit (loss) carried forward14€1.03M€1.02M▼
Investment grants15€24k€19k▼
Provisions and deferred taxes16€8k€6k▼
Deferred taxes168€8k€6k▼
Amounts payable17/49€13.99M€13.48M▼
Amounts payable after more than one year17€12.69M€228k▼
Financial debts170/4€12.69M€228k▼
Amounts payable within one year42/48€939k€12.87M▲
Current portion of amounts payable after more than one year42€661k€12.46M▲
Trade debts44€206k€346k▲
Suppliers440/4€206k€346k▲
Taxes, remuneration and social security45€57k€50k▼
Taxes450/3€57k€50k▼
Other amounts payable47/48€14k€13k▼
Accrued charges and deferred income492/3€364k€379k▲
Income statement
Code20232024
Non-recurring operating income76A-€88k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.30M€1.23M▼
Other operating charges640/8€173k€313k▲
Gross operating margin9900€1.47M€1.99M▲
Operating profit (loss)9901€-351€446k▲
Financial income75/76B€171k€229k▲
Recurring financial income75€171k€229k▲
Financial charges65/66B€632k€683k▲
Recurring financial charges65€632k€683k▲
Profit (loss) for the period before taxes9903€-461k€-7k▲
Transfer from deferred taxes780€2k€1k▼
Income taxes67/77-€7k
Profit (loss) for the period9904€-459k€-13k▲
Profit (loss) for the period to be appropriated9905€-459k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.03M€1.02M▼
Profit (loss) brought forward from the previous period14P€1.49M€1.03M▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.70M | - | - | - | - |
| Turnover70 | €1.72M | €1.83M | - | - | - | - |
| Other operating income74 | - | €873k | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €88k | - |
| Operating charges60/66A | - | €2.61M | - | - | - | - |
| Services and other goods61 | - | €1.21M | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.19M | €1.30M | €1.39M | €1.30M | €1.23M | ▼ 4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €101k | - | - | - |
| Other operating charges640/8 | - | €106k | €230k | €173k | €313k | ▲ 80.7% |
| Gross operating margin9900 | - | - | €1.95M | €1.47M | €1.99M | ▲ 35.8% |
| Operating profit (loss)9901 | €141k | €87k | €234k | €-351 | €446k | ▲ 127,252% |
| Financial income75/76B | - | €134k | €133k | €171k | €229k | ▲ 33.7% |
| Recurring financial income75 | €209k | €134k | €133k | €171k | €229k | ▲ 33.7% |
| Income from financial fixed assets750 | - | €134k | - | - | - | - |
| Other financial income752/9 | - | €202 | - | - | - | - |
| Financial charges65/66B | - | €208k | €264k | €632k | €683k | ▲ 8.0% |
| Recurring financial charges65 | €216k | €208k | €264k | €632k | €683k | ▲ 8.0% |
| Debt charges650 | €215k | €207k | - | - | - | - |
| Other financial charges652/9 | - | €932 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €134k | €12k | €104k | €-461k | €-7k | ▲ 98.4% |
| Transfer from deferred taxes780 | - | - | - | €2k | €1k | ▼ 31.3% |
| Income taxes67/77 | €84k | €50k | €70k | - | €7k | - |
| Taxes670/3 | - | €53k | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €2k | - | - | - | - |
| Profit (loss) for the period9904 | €50k | €-38k | €33k | €-459k | €-13k | ▲ 97.1% |
| Profit (loss) for the period to be appropriated9905 | €50k | €-38k | €33k | €-459k | €-13k | ▲ 97.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20.63M | €19.85M | €19.75M | €18.73M | €18.19M | ▼ 2.8% |
| Fixed assets21/28 | €19.48M | €18.00M | €17.18M | €16.02M | €14.92M | ▼ 6.9% |
| Tangible fixed assets22/27 | €12.33M | €11.47M | €10.51M | €9.22M | €7.98M | ▼ 13.4% |
| Land and buildings22 | - | €10.28M | €9.27M | €8.27M | €7.26M | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €239k | €394k | €286k | €229k | ▼ 20.0% |
| Furniture and vehicles24 | - | €471k | €416k | €286k | €166k | ▼ 41.9% |
| Other tangible fixed assets26 | - | €387k | €430k | €378k | €326k | ▼ 13.8% |
| Assets under construction and advance payments27 | - | €92k | - | - | - | - |
| Financial fixed assets28 | €7.15M | €6.54M | €6.67M | €6.80M | €6.94M | ▲ 2.0% |
| Affiliated companies280/1 | - | €6.54M | - | - | - | - |
| Amounts receivable281 | - | €6.54M | - | - | - | - |
| Current assets29/58 | €1.14M | €1.85M | €2.57M | €2.71M | €3.28M | ▲ 20.9% |
| Amounts receivable within one year40/41 | €955k | €1.49M | €1.85M | €1.56M | €1.40M | ▼ 10.4% |
| Trade receivables40 | - | €1.40M | €1.81M | €1.48M | €1.33M | ▼ 10.3% |
| Other amounts receivable41 | - | €90k | €40k | €80k | €70k | ▼ 13.0% |
| Current investments50/53 | - | - | - | €750k | €750k | = |
| Cash at bank and in hand54/58 | €190k | €355k | €656k | €370k | €1.13M | ▲ 205% |
| Deferred charges and accrued income490/1 | - | - | €63k | €32k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20.63M | €19.85M | €19.75M | €18.73M | €18.19M | ▼ 2.8% |
| Equity10/15 | €5.17M | €5.13M | €5.19M | €4.73M | €4.71M | ▼ 0.4% |
| Contributions10/11 | - | €1.42M | €1.42M | €1.42M | €1.42M | = |
| Revaluation surpluses12 | - | €2.17M | €2.17M | €2.17M | €2.17M | = |
| Reserves13 | €83k | €83k | €83k | €83k | €83k | = |
| Non-distributable reserves130/1 | - | €83k | €83k | €83k | €83k | = |
| Reserves not available under the articles1311 | - | €83k | €83k | €83k | €83k | = |
| Profit (loss) carried forward14 | €1.50M | €1.46M | €1.49M | €1.03M | €1.02M | ▼ 1.3% |
| Investment grants15 | - | - | €30k | €24k | €19k | ▼ 18.0% |
| Provisions and deferred taxes16 | - | - | €10k | €8k | €6k | ▼ 18.0% |
| Deferred taxes168 | - | - | €10k | €8k | €6k | ▼ 18.0% |
| Amounts payable17/49 | €15.46M | €14.72M | €14.54M | €13.99M | €13.48M | ▼ 3.7% |
| Amounts payable after more than one year17 | €14.20M | €13.60M | €13.35M | €12.69M | €228k | ▼ 98.2% |
| Financial debts170/4 | - | €13.60M | €13.35M | €12.69M | €228k | ▼ 98.2% |
| Credit institutions173 | - | €13.60M | - | - | - | - |
| Amounts payable within one year42/48 | €924k | €776k | €845k | €939k | €12.87M | ▲ 1,271% |
| Current portion of amounts payable after more than one year42 | - | €600k | €661k | €661k | €12.46M | ▲ 1,784% |
| Trade debts44 | €229k | €147k | €152k | €206k | €346k | ▲ 68.5% |
| Suppliers440/4 | - | €147k | €152k | €206k | €346k | ▲ 68.5% |
| Taxes, remuneration and social security45 | - | €10k | €13k | €57k | €50k | ▼ 12.3% |
| Taxes450/3 | - | €10k | €13k | €57k | €50k | ▼ 12.3% |
| Other amounts payable47/48 | - | €19k | €19k | €14k | €13k | ▼ 10.8% |
| Accrued charges and deferred income492/3 | - | €346k | €347k | €364k | €379k | ▲ 4.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €-38k | €33k | €-459k | €-13k | ▲ 97.1% |
| + Depreciation and write-downs630 | €1.19M | €1.30M | €1.39M | €1.30M | €1.23M | ▼ 4.7% |
| Operating cash flow (approximation) | €1.24M | €1.26M | €1.42M | €836k | €1.22M | ▲ 46.1% |
| Investment in fixed assets (approximation) | - | €182k | €-563k | €-133k | €-136k | ▼ 2.0% |
| Change in cash | - | €166k | €301k | €-286k | €760k | ▲ 366% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-459k
Net result drops to €-459k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.51 to 1.24; short-term debt falls from €1.59M to €924k.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €5MEq €5.12M ▲6.8%
2 profitable years in a row build equity to €5.12M.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Herentals · 1 establishment unit since 2000
Ground area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Diamantstraat (HRT) 8, 2200 Herentals
since 20002.115.917.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Herentals · LEI lapsed
controls
OBJECT DESIGN & CONSULTBE 0472.259.742
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 16,002 EUR awarded · 16,002 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | -4,362 EUR | 0 EUR |
| 2023 | 1 | 0 EUR | 16,002 EUR |
| 2022 | 1 | 20,364 EUR | 0 EUR |
Schemes
Ecologiepremie+
Recognitions · licences · registrations
Legal Entity Identifier
549300GIEUNXKHQZY003
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 1,848 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
Founded03-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.