PARTECK
ActiveSummary
PARTECK has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,859 and a net result of €68,082. Equity has been shrinking by about 17% per year since 2019. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 15% of 3,867 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-06-1990 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.048.949.707 1170 Watermael-Boitsfort, since 20-07-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €193,367
- ▲ 225%
- Turnover
- ≈ €310,000
- estimated
- Profit
- €68,082
- Equity
- €192,859
- ▲ 54.6%
- Total assets
- €1.8m
- ▲ 0.1%
- 2025 accounts filed 18 days after the deadline
Score breakdownraises riskEquity €192,859 (10.7% of total assets)lowers riskSize: total assets €1.8mFigures for financial year 2025 (filed on 19-08-2026)Founded in 1990Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 17% of them on solvency, 22% on liquidity, 28% on profitability and 81% on growth.
The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).
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
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404766.
Annual accounts 2025 filed on 18-08-2026 at the NBB all 35 filings
Every figure per financial year
The operating result for 2025 is 8.4 times that of 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €44,604 | €498,766 | €496,868 | €88,055 |
| Depreciation and write-downs of the year | €76,967 | €49,570 | €37,517 | €76,618 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €156,959 | €84,040 | €70,997 | €76,967 | €49,570 | €37,517 | €76,618 | ▲ 104% |
| Other operating charges640/8 | - | - | - | €6,172 | €6,146 | €9,182 | €8,610 | ▼ 6.2% |
| Gross operating margin9900 | €138,865 | €73,203 | €54,911 | €81,109 | €13,097 | €59,573 | €193,367 | ▲ 225% |
| Operating profit (loss)9901 | -€24,668 | -€20,986 | -€23,018 | -€2,030 | -€42,619 | €12,873 | €108,139 | ▲ 740% |
| Financial income75/76B | - | - | - | - | €1,808 | €583 | €5 | ▼ 99.1% |
| Recurring financial income75 | - | - | - | - | €1,808 | €583 | €5 | ▼ 99.1% |
| Financial charges65/66B | - | - | - | €19,008 | €26,835 | €36,976 | €39,037 | ▲ 5.6% |
| Recurring financial charges65 | €8,218 | €21,172 | €21,364 | €19,008 | €26,835 | €36,976 | €39,037 | ▲ 5.6% |
| Profit (loss) for the period before taxes9903 | -€32,886 | -€42,158 | -€44,382 | -€21,038 | -€67,646 | -€23,521 | €69,107 | - |
| Income taxes67/77 | €2,759 | -€100 | €518 | €433 | €616 | €556 | €1,025 | ▲ 84.3% |
| Profit (loss) for the period9904 | -€35,645 | -€42,058 | -€44,900 | -€21,471 | -€68,262 | -€24,077 | €68,082 | - |
| Profit (loss) for the period to be appropriated9905 | -€35,645 | -€42,058 | -€44,900 | -€21,471 | -€68,262 | -€24,077 | €68,082 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.0m | €1.0m | €1.5m | €1.8m | €1.8m | ▲ 0.1% |
| Fixed assets21/28 | €1.0m | €0.9m | €0.9m | €0.8m | €1.3m | €1.7m | €1.8m | ▲ 0.7% |
| Tangible fixed assets22/27 | €1.0m | €0.9m | €0.9m | €0.8m | €1.3m | €1.7m | €1.8m | ▲ 0.7% |
| Land and buildings22 | - | - | - | €0.8m | €0.7m | €0.7m | €1.7m | ▲ 148% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 4.2% |
| Assets under construction and advance payments27 | - | - | - | €0.04m | €0.5m | €1.0m | - | - |
| Current assets29/58 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.06m | €0.05m | ▼ 15.1% |
| Amounts receivable within one year40/41 | - | €0.01m | €343 | €0.002m | €0.01m | €0.03m | €0.006m | ▼ 82.1% |
| Trade receivables40 | - | - | - | €0.002m | €0.01m | €0.03m | €0.006m | ▼ 82.1% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.03m | €0.02m | ▼ 40.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.004m | €0.005m | €0.03m | ▲ 579% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.0m | €1.0m | €1.5m | €1.8m | €1.8m | ▲ 0.1% |
| Equity10/15 | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 54.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.2m | €0.1m | €0.06m | €0.04m | -€0.03m | -€0.05m | €0.02m | - |
| Amounts payable17/49 | €0.8m | €0.8m | €0.8m | €0.8m | €1.4m | €1.7m | €1.6m | ▼ 3.9% |
| Amounts payable after more than one year17 | €0.008m | - | - | - | - | €1.2m | €1.2m | = |
| Other amounts payable178/9 | - | - | - | - | - | €1.2m | €1.2m | = |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €0.8m | €0.8m | €1.4m | €0.5m | €0.4m | ▼ 15.8% |
| Trade debts44 | €0.02m | €0.01m | €0.004m | €0.05m | €0.07m | €0.09m | €0.001m | ▼ 99.3% |
| Suppliers440/4 | - | - | - | €0.05m | €0.07m | €0.09m | €0.001m | ▼ 99.3% |
| Advances received on contracts in progress46 | - | - | - | €0.003m | €0.01m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.04m | €0.04m | €0.02m | ▼ 60.1% |
| Taxes450/3 | - | - | - | €0.02m | €0.04m | €0.04m | €0.02m | ▼ 60.1% |
| Other amounts payable47/48 | - | - | - | €0.7m | €1.2m | €0.4m | €0.4m | ▲ 8.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.02m | €0.03m | €0.04m | ▲ 40.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,645 | -€42,058 | -€44,900 | -€21,471 | -€68,262 | -€24,077 | €68,082 | - |
| + Depreciation and write-downs630 | €156,959 | €84,040 | €70,997 | €76,967 | €49,570 | €37,517 | €76,618 | ▲ 104% |
| Operating cash flow (approximation) | €121,314 | €41,982 | €26,097 | €55,496 | -€18,692 | €13,440 | €144,699 | ▲ 977% |
| Investment in fixed assets (approximation) | - | -€5,250 | €0 | -€44,604 | -€498,766 | -€496,868 | -€88,055 | ▲ 82.3% |
| Change in cash | - | €11,216 | €42,992 | €40,771 | €27,652 | -€204,098 | -€10,689 | ▲ 94.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as PARTECK has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of PARTECK itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 4,685 companies, not a prediction for PARTECK. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 18-08-2026 | 2026-00404766 | |
| 31-12-2024 | full format | 14-07-2025 | 2025-00266950 | |
| 31-12-2023 | full format | 22-07-2024 | 2024-00268051 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00254166 | |
| 31-10-2021 | full format | 31-03-2022 | 2022-09600041 | |
| 31-10-2020 | full format | 30-04-2021 | 2021-12300453 | |
| 31-10-2019 | full format | 10-04-2020 | 2020-09000451 | |
| 31-10-2018 | full format | 16-04-2019 | 2019-10000460 | |
| 31-10-2017 | full format | 31-05-2018 | 2018-14900065 | |
| 31-10-2016 | full format | 23-03-2017 | 2017-07100371 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-10-2022 Capital stated in the deed · €130,144 · 5,250 shares
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| VAN HECKE Charles Albert |
|
| POUPART Cécile |
|
| VAN HECKE Alexis |
|
| VAN HECKE Aurianne |
|
| VAN HECKE Maximilien |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Toutes opérations prévues par la loi, assemblée générale en décide autrement à la majorité des voix”
Articles of association, deed of 13-10-2022 (in French)
Network & group
PARTECK shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of PARTECK. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
13-10
Gazette deed
Registered office moved within Watermael-BoitsfortNew registered office: Avenue Léopold Wiener 68, 1170 Watermael-Boitsfort · Previous registered office: Avenue Léopold Wiener 70, 1170 Watermael-Boitsfort · Change of role: VAN HECKE Charles Albert, from director to sole director12 points ▸
- General meeting, 04-10-2022
- Registered-office move, Avenue Léopold Wiener 68, 1170 Watermael-Boitsfort
- Capital, €130,144, 5,250 shares
- Director resignation, VAN HECKE Charles Albert
- Director resignation, POUPART Cécile
- Director resignation, VAN HECKE Aurianne
- Director resignation, VAN HECKE Alexis
- Director resignation, VAN HECKE Maximilien
- Director appointment, VAN HECKE Charles Albert (sole director)
- Registered office clause, Avenue Léopold Wiener 68, 1170 WATERMAEL-BOITSFORT
- Director discharge, VAN HECKE Charles Albert
- Director discharge, POUPART Cécile
- The deed holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
7 activities
- La prestation de service de conseil en organisation et gestion d’entreprise ou de projet et notamment,mais non exclusivement,dans le domaine immobilier,l’architecture et l’urbanisme
- La prise de participation dans toute société commerciale
- En général toutes valeur mobilières ou immobilières
- Elle peut accepter des mandats d’administrateurs
- Elle peut garantir les engagements de tiers et notamment ceux de ses actionnaires et administrateurs
- Elle pourra faire toutes opérations mobilières,immobilières,financières,commerciales et industrielles se rapportant directement ou indirectement à son objet
- Elle peut s’intéresser par voie d’apport,de cession,de fusion,de souscription,de participation d’intervention financière ou autrement dans toutes sociétés,entreprises ou opérations ayant un objet similaire ou connexe au sein,ou de nature à favoriser la réalisation de son objet
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21017D0365/00C004 | Brussels | 1,309 m² | 1 · 135 m² | 13.4 m · 3 |
| 21017D0365/00T003 | Brussels | 659 m² | 1 · 104 m² | 12.5 m · 3 |