Equity
€385,014 ▼ 0.3%
Public Impact has made a profit in every financial year since 2006.
Public Impact
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €3.2m (2023)
€3.1m▲ 0.1%
peak €698,589 (2025)
€698,589▲ 39.0%
peak €574,164 (2017)
€385,014▼ 0.3%
€2.2m▲ 12.8%
peak 38.7 FTE (2023)
33.4 FTE▼ 7.2%
Board5 names since 2011
4 directorsISABELLE DE VINCK SRL and 3 others
Owners4 names in the annual accounts
10.22%Matti Van Hecke and 3 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €502,646 to €698,589Cash from €495,819 to €36,915
Key points
from the 2025 annual accountsResult
€698,589 ▲ 39.0%
The result rose in 2025 from €502,646 to €698,589.
Debts
€2.2m 85% of the balance sheet
Financial debts 4%Suppliers 41%Taxes and wages 15%Other 40%
Of this, €2.0m falls due within a year.
Staff
35 employees on 31-12-2025
In 2025, 21 people joined and 22 left.
Filings
24 annual accounts 25 filings since 2002
Eight of the last ten came late. The 2019 accounts came latest: 80 days after the end of the period.
Position in the sector
€698,589
Higher net result than 93% of companies in head offices and management consultancy. Sector median €37,500 · 10,856 companies.
Checked score
67
Healthy
Financially stronger than 37% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 0.8%● unchanged vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.94, cash €36,915, halved
Equity €385,014 (15.2% of total assets)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Figures for financial year 2025 (filed on 01-09-2026)
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, small). It does better than 17% of them on solvency, 4% on liquidity, 97% on profitability and 29% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as Public Impact has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Public Impact itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,613 companies, not a prediction for Public Impact. 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.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (0.93 in 2024), below 1. Short-term debt is 78.8% and cash 1.5% of total assets. 84.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10856 sector peers (2025).
NBB · sector comparisonPosition among 10856 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
31 days late
2024
on the day
2023
26 days late
2022
25 days late
2021
24 days late
2020
23 days late
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days after 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
AD
ANDREA D'INCECCO SPRL
Manager, since 13-12-2016
- Agathe van de Plassche 100%score 95equity €219,871 (2025) · 2025 annual accounts of Agathe van de Plassche
- ANDREA D'INCECCO 39.78%score 96equity €1.2m (2025) · 2025 annual accounts of ANDREA D'INCECCO
- Isabelle De Vinck 39.78%score 95equity €1.1m (2025) · 2025 annual accounts of Isabelle De Vinck
Recent changes
Company renamed from POLITICAL INTELLIGENCE to Public Impact
General meeting of 04-11-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474443826
Permanent representatives: D'INCECCO Andrea, DE VINCK Isabelle, VAN HECKE Matti and Van de Plassche Agathe
General meeting of 27-12-2023 · Gazette deed
2 directors appointed
MATTI VAN HECKE BV and AGATHE VAN DE PLASSCHE SRL · Permanent representatives: Matti Van Hecke and Agathe Vandeplassche · General meeting of 01-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Public Impact Brussels | €2.5m | €3.1m | 15.2% | 33.4 |
| Bridgers Brussels | €1.9m | €3.1m | 67.4% | 38.7 |
| Wavestone Belgium Saint-Josse-ten-Noode | €2.3m | €3.3m | 27.0% | 32.7 |
| RAMBOLL MANAGEMENT CONSULTING Brussels | €1.9m | €2.4m | 24.9% | 29.3 |
| GATE-16 Schaerbeek | €3.4m | €3.3m | 66.8% | 25 |
| NGAGE CONSULTING Woluwe-Saint-Lambert | €3.1m | €3.6m | 37.3% | 35.2 |
| REACFIN Ottignies-Louvain-la-Neuve | €2.3m | €3.5m | 42.3% | 27.3 |
These companies have the same main activity as Public Impact: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.9m and €3.4m, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 29-03-2001Normal situation
- Registered office
- 17 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.098.057.0451000 Brussels, since 09-05-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 29-10-2025
Annual accounts 2025
- ≈ €5.8mestimated
- €2.5m▲ 10.6%
- Employeeson 31-12-2025
- 35▼ 2.8%
- Filing
- Filed on 31-08-2026
Companies linked to Public Impact
Shareholders
- Matti Van Hecke10.22%
Insights on Public Impact
Public Impact files the abbreviated format. That format states no turnover. The gross margin rose from €169,049 in 2006 to €3.1m in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Agathe van de Plassche holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Public Impact
- What is the company number of Public Impact?
- The company number of Public Impact is 0474.443.826. The VAT number is the same number with BE in front: BE 0474.443.826.
- Where is Public Impact based?
- The registered office is at Wetstraat 38, 1000 Brussels.Company details
- What does Public Impact do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Public Impact?
- Public Impact is a private limited company (BV).
- When was Public Impact founded?
- Public Impact was founded on 29-03-2001.
- Is Public Impact still active?
- Yes, Public Impact is an active enterprise in the KBO register.
- How many employees does Public Impact have?
- Public Impact had an average of 33.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Public Impact fall under?
- In its 2025 annual accounts, Public Impact states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Public Impact?
- The turnover in financial year 2025 is ≈ €5.8m. This figure is estimated from the gross margin of €3.1m and 36 comparable companies (NACE 70200). It probably lies between €4.1m and €7.4m.
- Is Public Impact profitable?
- In financial year 2025, Public Impact made a profit of €698,589.
- Where can I find the annual accounts of Public Impact?
- Public Impact filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Public Impact due?
- Public Impact must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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