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Purpose

Active
Private limited companyfounded 20223 yrs activeScheldeweg 51, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0795.349.817
Summary

Purpose has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €49k. Equity is growing by ~82.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 8.87 against 5.65 in 2024; short-term debt: 11.1% and cash: 86.6% of total assets), and 11.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.9%
Return on assets
40.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
45 d early
2024
35 d early
2023
2 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 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

Financials · fiscal year 2025, micro schema

Equity
€109k▲ 82.1%
2024 · €60k
2023: €11klowest in 3 years 2024: €60k▲ +464% vs 2023 2025: €109k▲ +82.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€123k▲ 30.9%
2024 · €94k
2023: €43klowest in 3 years 2024: €94k▲ +120% vs 2023 2025: €123k▲ +30.9% vs 2024highest in 3 years
2023 → 2025
Net result
€49k▼ 1.9%
2024 · €50k
2023: €10klowest in 3 years 2024: €50k▲ +381% vs 2023highest in 3 years 2025: €49k▼ -1.9% vs 2024
2023 → 2025
Working capital
€107k▲ 44.0%
2024 · €75k
2023: €12klowest in 3 years 2024: €75k▲ +527% vs 2023 2025: €107k▲ +44.0% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€11k-€60k▲ 464%€109k▲ 82.1% 2023: €11klowest in 3 years 2024: €60k▲ +464% vs 2023 2025: €109k▲ +82.1% vs 2024highest in 3 years
Operating result€14k-€54k▲ 287%€67k▲ 23.9% 2023: €14klowest in 3 years 2024: €54k▲ +287% vs 2023 2025: €67k▲ +23.9% vs 2024highest in 3 years
Net result€10k-€50k▲ 381%€49k▼ 1.9% 2023: €10klowest in 3 years 2024: €50k▲ +381% vs 2023highest in 3 years 2025: €49k▼ -1.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €14k€14kNet result 2023: €10k€10kOperating result 2024: €54k€54kNet result 2024: €50k€50kOperating result 2025: €67k€67kNet result 2025: €49k€49k202320242025€0€20k€40k€60kOperating result 2023: €14k€14kNet result 2023: €10k€10kOperating result 2024: €54k€54kNet result 2024: €50k€50kOperating result 2025: €67k€67kNet result 2025: €49k€49k202320242025
The operating result has risen two years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets €2k ▼ 48.8%
Current assets €121k ▲ 33.6%
Equity and liabilities €123k
Equity €109k ▲ 82.1%
Debt €14k ▼ 59.6%
Debt's share of the balance-sheet total falls from 36.1% to 11.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69k▲
2024 · €56k
Cash flow
€51k▼
2024 · €51k
Current ratio
8.87▲
2024 · 5.65
Debt to equity
0.13▼
2024 · 0.57
ROE
45.1%▼
2024 · 83.7%
ROA
40.1%▼
2024 · 53.4%
Interest coverage
19.45▲
2024 · 12.66
Debt ≤ 1 year
€14k▼
2024 · €16k
Income taxes
€15k▲
2024 · €15k
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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€94k€123k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€91k€121k▲
Amounts receivable within one year40/41€23k€12k▼
Trade receivables40€21k€0▼
Other amounts receivable41€2k€12k▲
Cash at bank and in hand54/58€66k€106k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€94k€123k▲
Equity10/15€60k€109k▲
Contributions10/11€1k€1k=
Reserves13€59k€108k▲
Distributable reserves133€59k€108k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€34k€14k▼
Amounts payable within one year42/48€16k€14k▼
Financial debts43-€100
Credit institutions430/8-€100
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Other amounts payable47/48€833€0▼
Accrued charges and deferred income492/3€18k€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€992€941▼
Gross operating margin9900€57k€70k▲
Operating profit (loss)9901€54k€67k▲
Financial income75/76B€15k€688▼
Recurring financial income75€15k€688▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€65k€65k▼
Income taxes67/77€15k€15k▲
Profit (loss) for the period9904€50k€49k▼
Profit (loss) for the period to be appropriated9905€50k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€49k▼
Transfer to equity691/2€49k€49k▼
To other reserves6921€49k€49k▼
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k€1k▲ 5.2%
Other operating charges640/8€308€992€941▼ 5.1%
Gross operating margin9900€14k€57k€70k▲ 22.9%
Operating profit (loss)9901€14k€54k€67k▲ 23.9%
Financial income75/76B-€15k€688▼ 95.3%
Recurring financial income75-€15k€688▼ 95.3%
Financial charges65/66B€790€4k€4k▼ 19.7%
Recurring financial charges65€790€4k€4k▼ 19.7%
Profit (loss) for the period before taxes9903€13k€65k€65k▼ 0.2%
Income taxes67/77€3k€15k€15k▲ 5.5%
Profit (loss) for the period9904€10k€50k€49k▼ 1.9%
Profit (loss) for the period to be appropriated9905€10k€50k€49k▼ 1.9%
Line202320242025Change
Assets
Total assets20/58€43k€94k€123k▲ 30.9%
Fixed assets21/28-€3k€2k▼ 48.8%
Tangible fixed assets22/27-€3k€2k▼ 48.8%
Furniture and vehicles24-€3k€2k▼ 48.8%
Current assets29/58€43k€91k€121k▲ 33.6%
Amounts receivable within one year40/41€18k€23k€12k▼ 46.1%
Trade receivables40€18k€21k€0▼ 100%
Other amounts receivable41€14€2k€12k▲ 629%
Cash at bank and in hand54/58€17k€66k€106k▲ 61.3%
Deferred charges and accrued income490/1€8k€2k€2k▲ 36.6%
Equity and liabilities
Total equity and liabilities10/49€43k€94k€123k▲ 30.9%
Equity10/15€11k€60k€109k▲ 82.1%
Contributions10/11€1k€1k€1k=
Reserves13€10k€59k€108k▲ 83.5%
Distributable reserves133€10k€59k€108k▲ 83.5%
Profit (loss) carried forward14€0€0€0-
Amounts payable17/49€32k€34k€14k▼ 59.6%
Amounts payable within one year42/48€31k€16k€14k▼ 14.9%
Financial debts43--€100-
Credit institutions430/8--€100-
Trade debts44€10k€3k€8k▲ 148%
Suppliers440/4€10k€3k€8k▲ 148%
Taxes, remuneration and social security45€10k€12k€6k▼ 51.0%
Taxes450/3€10k€12k€6k▼ 51.0%
Other amounts payable47/48€11k€833€0▼ 100%
Accrued charges and deferred income492/3€1k€18k€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904€10k€50k€49k▼ 1.9%
+ Depreciation and write-downs630-€1k€1k▲ 5.2%
Operating cash flow (approximation)€10k€51k€51k▼ 1.7%
Investment in fixed assets (approximation)--€0-
Change in cash-€49k€40k▼ 17.5%

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 31-01-2027
2025
17-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Equity above €100kEq €109k ▲82.1%
3 profitable years in a row build equity to €109k.
2024
27-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2023net €50k ▲381%
Net result €50k, the highest in the series.
30-06
Financial Liquidity quadruplescurrent ratio 5.65
Current ratio from 1.39 to 5.65; short-term debt falls from €31k to €16k.
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Merelbeke-Melle · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
302 m²
Building footprint
102 m²
Volume, LiDAR
583 m³
Parcel 44024A0032/02L000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Purpose
Scheldeweg 51, 9090 Merelbeke-MelleOrganisation of conventions and trade shows
since 20222.340.210.617
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44024A0032/02L000 Flanders 302 m² 1 · 102 m² 10.0 m · 2 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.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,737 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
Founded23-12-2022
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education

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