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POSITIVE SOLUTIONS

Active
Private limited companyfounded 200520 yrs activeLaie aux Faons 28, 1300 Wavre, BelgiumKBO/BCE: BE 0877.938.288
Summary

POSITIVE SOLUTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€604,649) and a net result of -€20,320. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2023
Profitability16▲+16
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.06 in 2023; short-term debt: 173.2% and cash: 6.2% of total assets), and equity is negative.
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Signals

Six 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 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 · 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 2025
Solvency, return and age of the figures
Solvency
-73.9%
Return on assets
-2.5%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222325
2018 to 2025 · latest year -€604,649
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-06-2026, 60 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 filings
Deviation from the deadline
2025
60 d late
2023
5 d early
2022
34 d early
2021
33 d early
2020
30 d early
2019
8 d late
2018
31 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 on the deadline day; the sector median for financial year 2023 is 7 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 December 2005, POSITIVE SOLUTIONS was incorporated.1 Total assets went from EUR 442,328 in 2018 to EUR 818,342 in 2025 and headcount from 2 full-time equivalents in 2018 to 0.5 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€604,649▼ 11.9%
2023 · -€540,543
Total assets
€818,342▼ 0.9%
2023 · €825,410
Net result
-€20,320▲ 84.5%
2023 · -€130,916
Working capital
-€1.4m▼ 6.1%
2023 · -€1.3m
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result-€23,941-€192,885▼ 706%-€201,054▼ 4.2%-€124,991▲ 37.8%-€18,634-
Net result-€38,151below the sector's middle half-€190,882below the sector's middle half▼ 400%-€241,299below the sector's middle half▼ 26.4%-€130,916below the sector's middle half▲ 45.7%-€20,320below the sector's middle half-
Equity-€19,979below the sector's middle half-€168,328below the sector's middle half▼ 743%-€409,627below the sector's middle half▼ 143%-€540,543below the sector's middle half▼ 32.0%-€604,649below the sector's middle half-
Total assets€533,720above the sector's middle half▲ 20.8%€989,182above the sector's middle half▲ 85.3%€958,895above the sector's middle half▼ 3.1%€825,410above the sector's middle half▼ 13.9%€818,342above the sector's middle half-
Debt€553,699▲ 30.7%€1.2m▲ 109%€1.4m▲ 18.2%€1.4m▼ 0.2%€1.4m-
Working capital-€260,908below the sector's middle half▼ 35.2%-€935,022below the sector's middle half▼ 258%-€1.2mbelow the sector's middle half▼ 24.8%-€1.3mbelow the sector's middle half▼ 10.1%-€1.4mbelow the sector's middle half-
Solvency-3.7%below the sector's middle half▼ 7.9pp-17.0%below the sector's middle half▼ 13.3pp-42.7%below the sector's middle half▼ 25.7pp-65.5%below the sector's middle half▼ 22.8pp-73.9%below the sector's middle half-
Current ratio0.24below the sector's middle half▲ 0.190.19below the sector's middle half▼ 0.040.15below the sector's middle half▼ 0.040.06below the sector's middle half▼ 0.090.04below the sector's middle half-
Return on assets (ROA)-7.1%below the sector's middle half▼ 14.7pp-19.3%below the sector's middle half▼ 12.1pp-25.2%below the sector's middle half▼ 5.9pp-15.9%below the sector's middle half▲ 9.3pp-2.5%below the sector's middle half-
Staff (FTE)0.5
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2020: -€23,941-€23,941Net result 2020: -€38,151-€38,151Operating result 2021: -€192,885-€192,885Net result 2021: -€190,882-€190,882Operating result 2022: -€201,054-€201,054Net result 2022: -€241,299-€241,299Operating result 2023: -€124,991-€124,991Net result 2023: -€130,916-€130,916Operating result 2025: -€18,634-€18,634Net result 2025: -€20,320-€20,32020202021202220232025-€300,000-€200,000-€100,000€0Operating result 2022: -€201,054-€201,000Net result 2022: -€241,299-€241,000Operating result 2023: -€124,991-€125,000Net result 2023: -€130,916-€131,000Operating result 2025: -€18,634-€18,600Net result 2025: -€20,320-€20,300202220232025
The operating result is -€18,634 in 2025, compared with -€124,991 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €818,342
Fixed assets €763,687 ▲ 2.6%
Current assets €54,655 ▼ 32.4%
Key figures and ratios
2025 value · change against 2023
EBITDA
-€7,225▲
2023 · -€111,178
Cash flow
-€8,910▲
2023 · -€117,103
Debt to equity
-2.35▲
2023 · -2.53
Interest coverage
-5.63▲
2023 · -19.96
Debt ≤ 1 year
€1.4m▲
2023 · €1.4m
Income taxes
€403▲
2023 · €356
Staff costs
€1,094▲
2023 · €959
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 45 lines
Balance sheet Code20232025
Assets
Total assets20/58€825,410€818,342▼
Fixed assets21/28€744,569€763,687▲
Tangible fixed assets22/27€28,326€47,445▲
Furniture and vehicles24€10,836€40,028▲
Other tangible fixed assets26€17,490€7,417▼
Financial fixed assets28€716,243€716,243=
Current assets29/58€80,841€54,655▼
Amounts receivable within one year40/41€73,597€2,716▼
Trade receivables40€53,164€2,118▼
Other amounts receivable41€20,432€598▼
Cash at bank and in hand54/58€3,757€50,566▲
Deferred charges and accrued income490/1€3,488€1,373▼
Equity and liabilities
Total equity and liabilities10/49€825,410€818,342▼
Equity10/15-€540,543-€604,649▼
Contributions10/11€12,400€13,400▲
Capital10€12,400-
Issued capital100€18,550-
Uncalled capital101€6,150-
Reserves13€1,000-
Non-distributable reserves130/1€1,000-
Legal reserve130€1,000-
Profit (loss) carried forward14-€553,943-€618,049▼
Amounts payable17/49€1.4m€1.4m▲
Amounts payable within one year42/48€1.4m€1.4m▲
Financial debts43€474-
Credit institutions430/8€474-
Trade debts44€60,729€38,863▼
Suppliers440/4€60,729€38,863▼
Taxes, remuneration and social security45€405€282▼
Taxes450/3€405€282▼
Other amounts payable47/48€1.3m€1.4m▲
Accrued charges and deferred income492/3-€5,417
Income statement Code20232025
Remuneration, social security and pensions62€959€1,094▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,813€11,410▼
Other operating charges640/8€515€2,300▲
Gross operating margin9900-€109,703-€3,831▲
Operating profit (loss)9901-€124,991-€18,634▲
Financial charges65/66B€5,569€1,283▼
Recurring financial charges65€5,569€1,283▼
Profit (loss) for the period before taxes9903-€130,560-€19,917▲
Income taxes67/77€356€403▲
Profit (loss) for the period9904-€130,916-€20,320▲
Profit (loss) for the period to be appropriated9905-€130,916-€20,320▲
Appropriation of the result
Profit (loss) to be appropriated9906-€553,943-€618,049▼
Profit (loss) brought forward from the previous period14P-€423,027-€597,729▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Remuneration, social security and pensions62---€959€1,094-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,580€10,634€13,272€13,813€11,410-
Other operating charges640/8--€166€515€2,300-
Gross operating margin9900-€11,467-€154,783-€187,616-€109,703-€3,831-
Operating profit (loss)9901-€23,941-€192,885-€201,054-€124,991-€18,634-
Financial income75/76B--€374---
Recurring financial income75€89€11,752€374---
Financial charges65/66B--€40,862€5,569€1,283-
Recurring financial charges65€14,198€7,292€40,862€5,569€1,283-
Profit (loss) for the period before taxes9903-€38,050-€188,425-€241,542-€130,560-€19,917-
Income taxes67/77€101€2,458-€243€356€403-
Profit (loss) for the period9904-€38,151-€190,882-€241,299-€130,916-€20,320-
Profit (loss) for the period to be appropriated9905-€38,151-€190,882-€241,299-€130,916-€20,320-
Line20202021202220232025Change
Assets
Total assets20/58€533,720€989,182€958,895€825,410€818,342-
Fixed assets21/28€453,079€766,695€757,221€744,569€763,687-
Tangible fixed assets22/27€37,279€50,452€40,979€28,326€47,445-
Furniture and vehicles24--€19,144€10,836€40,028-
Other tangible fixed assets26--€21,835€17,490€7,417-
Financial fixed assets28€415,800€716,243€716,243€716,243€716,243-
Current assets29/58€80,641€222,487€201,674€80,841€54,655-
Amounts receivable within one year40/41€56,231€205,291€156,254€73,597€2,716-
Trade receivables40--€134,835€53,164€2,118-
Other amounts receivable41--€21,419€20,432€598-
Cash at bank and in hand54/58€19,794€13,680€39,494€3,757€50,566-
Deferred charges and accrued income490/1--€5,926€3,488€1,373-
Equity and liabilities
Total equity and liabilities10/49€533,720€989,182€958,895€825,410€818,342-
Equity10/15-€19,979-€168,328-€409,627-€540,543-€604,649-
Contributions10/11€12,400€12,400€12,400€12,400€13,400-
Capital10--€12,400€12,400--
Issued capital100--€18,550€18,550--
Uncalled capital101--€6,150€6,150--
Reserves13€1,000€1,000€1,000€1,000--
Non-distributable reserves130/1--€1,000€1,000--
Legal reserve130--€1,000€1,000--
Profit (loss) carried forward14-€33,379-€181,728-€423,027-€553,943-€618,049-
Amounts payable17/49€553,699€1.2m€1.4m€1.4m€1.4m-
Amounts payable after more than one year17€201,650-----
Amounts payable within one year42/48€341,549€1.2m€1.4m€1.4m€1.4m-
Financial debts43--€1,142€474--
Credit institutions430/8--€1,142€474--
Trade debts44€23,242€128,166€105,727€60,729€38,863-
Suppliers440/4--€105,727€60,729€38,863-
Taxes, remuneration and social security45--€450€405€282-
Taxes450/3--€450€405€282-
Other amounts payable47/48--€1.3m€1.3m€1.4m-
Accrued charges and deferred income492/3----€5,417-
Line20202021202220232025Change
Profit (loss) for the period9904-€38,151-€190,882-€241,299-€130,916-€20,320-
+ Depreciation and write-downs630€5,580€10,634€13,272€13,813€11,410-
Operating cash flow (approximation)-€32,571-€180,249-€228,027-€117,103-€8,910-
Investment in fixed assets (approximation)--€324,249-€3,799-€1,160--
Change in cash--€6,114€25,814-€35,737--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 60 days late
2024
25-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Weakest financial yearnet -€241,299
Net result drops to -€241,299, the lowest in the series; recovery starts the following year.
28-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 8 days late
2019
30-09
Financial Highest result since 2018net €33,440 ▲11,442%
Operating result €46,635, net result €33,440, both a record.
31-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
19-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 19 days late
2016
30-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wavre · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
9,773 m²
Building footprint
1,267 m²
Volume, LiDAR
7,705 m³
2 parcels, Wallonia · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue de la Station 19, 1300 Wavre
NACE 74142
since 20062.151.910.554
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055C0546/00K000 Wallonia 8,194 m² 1 · 1,058 m² 8.9 m · 2 fl.
25055D0530/00A010 Wallonia 1,579 m² 1 · 208 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2025 of POSITIVE SOLUTIONS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 29,594 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
Founded15-12-2005
Fiscal year end30-09
Abbreviation FR PS+
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0877938288
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.