Skip to content

PROFIT MANAGEMENT

Active
Public limited companyfounded 1993active for 33 yearsGenkersteenweg 333, 3500 Hasselt, BelgiumKBO/BCE: BE 0449.206.604
Summary

PROFIT MANAGEMENT has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of €3,998. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 41% of 8,126 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€2.6mtotal assets 2024
Equity
€1.2m
Profit
€3,998
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Holdings
4
Accounts 70 days overdue0 of 6 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 1.07, cash €7,686, halvedFigures for financial year 2024 (filed 28-11-2025)1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 latelowers riskFounded in 1993Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 70, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 69+5
equity 43.9% of total assets
Liquidity 46+1
short-term debt 16.5% · cash 0.3%
Profitability 39-35
return on assets 0.2%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,511 companies, NACE 70, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.4%▼ -0.3 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €60,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.07, compared with 1.02 in 2023; short-term debt: 16.5% and cash: 0.3% of total assets), and 56.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 42% on solvency, 35% on liquidity, 26% on profitability and 34% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 1.07, cash €7,686, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 28-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1993
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
120 days late
2023
85 days late
2022
123 days late
2021
79 days late
2020
80 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 96 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Weakest financial yearnet €3,998 ▼96.8%
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Result fell in 2024from €125,052 to €3,998 ▼ 96.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €3,998 7 years View
  • Heads a groupcompanies controlled 3 View

By topic

Financials

Financial year
2024
Total assets
€2.6m
Profit
€3,998
Solvency
43.9%
Total assets▼ 11.9%
Net result
20182024
Go to Financials

Timeline

Events
36
Since
1994
  1. 01-12-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 31-12-2022Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
13-01-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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.