Turnover
≈ €140,000 estimated
The micro format states no turnover.
Purpose
Overview
Lifetime
3 annual accounts with figures on one time axispeak €69,788 (2025)
€69,788▲ 22.9%
peak €50,022 (2024)
€49,095▼ 1.9%
peak €108,889 (2025)
€108,889▲ 82.1%
€13,645▼ 59.6%
Board2 names since 2022
1 directorNEYT Simon Luc
Documentsfilings and deeds
17-12-202545 days before the deadline
2025micro format
Gross margin from €56,788 to €69,788Registered office moved within Melle 06-02Equity from €59,794 to €108,889Debts from €33,798 to €13,645Cash from €65,800 to €106,141
Key points
from the 2025 annual accountsLiquidity
8.87 was 5.65 in 2024
Short-term debts fell from €16,033 to €13,645.
Position in the sector
88.9%
Higher solvency than 87% of companies in head offices and management consultancy. Sector median 55.5% · 39,376 companies.
Checked score
90
Excellent
Financially stronger than 88% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.4 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026highest value
05-2026: 0.4%● unchanged vs 04-2026highest value
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.3%▼ -0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
lowers risk
Liquidity: current ratio 8.87, cash €106,141
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €108,889 (88.9% of total assets)
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 86% of them on solvency, 94% on liquidity, 84% on profitability and 87% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Purpose has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Purpose itself is lower: 0.3% within 12 months. It rests on far more data about Purpose than the profile alone.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for Purpose. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.87 (5.65 in 2024), above the usual 1.5. Short-term debt is 11.1% and cash 86.6% of total assets. 11.1% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
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 filingsDeviation from the deadline
2025
45 days early
2024
35 days early
2023
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 27 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)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 December (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered-office move
Board meeting of 01-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795349817
Registered office moved within Melle
New registered office: Sterreweg 6, 9090 Melle · Previous registered office: Kapellestraat 2D, 9090 Melle · Board meeting of 01-01-2025 · Gazette deed
Incorporation
Founding capital of €1,000, 300 shares · Founder: NEYT Simon Luc · Appointments: NEYT Simon Luc (statutory director) and Verstraeten Magalie Jacqueline Raoul (successor director) · published on 28-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Purpose Merelbeke-Melle | €122,533 | €69,788 | 88.9% | - |
| BRALUCO Merelbeke-Melle | €127,765 | €76,990 | 3.9% | - |
| La Rodriguera Merelbeke-Melle | €132,814 | €66,347 | 43.3% | - |
| RS ADVISE Aalst | €126,026 | €72,980 | 92.0% | - |
| Voltr Engineering Aalst | €129,582 | €64,850 | 75.3% | - |
| R.M. Digital Ghent | €140,661 | €72,658 | 88.4% | - |
| QCO Management Deinze | €123,665 | €81,230 | 82.0% | - |
These companies have the same main activity as Purpose: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €124,000 and €141,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-12-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.340.210.6179090 Merelbeke-Melle, since 23-12-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 07-07-2025
Annual accounts to 30-06-2025
- €69,788▲ 22.9%
- €49,095▼ 1.9%
- €108,889▲ 82.1%
- €122,533▲ 30.9%
- Filing
- Filed on 17-12-2025, 45 days before the end of the filing period
Insights on Purpose
Purpose files the micro format. That format states no turnover. The gross margin rose from €14,369 in 2023 to €69,788 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-12-2025, 45 days before the deadline€69,788
▲ 22.9%
€67,375
▲ 23.9%
€49,095
▼ 1.9%
€107,344
▲ 44.0%
88.9%
▲ 25.0 percentage points
8.87
▲ 3.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €180,000.
Balance sheet
balance sheet total €122,533 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
88.9%
Higher than 87% of 39,376 companies in 2025.
8.87
Higher than 88% of 38,058 companies in 2025.
40.1%
Higher than 80% of 38,530 companies in 2025.
Purpose
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
122,533 | 93,592 | 42,513 | |
21/28 |
1,544 | 3,016 | - | |
22/27 |
1,544 | 3,016 | - | |
24 |
1,544 | 3,016 | - | |
29/58 |
120,989 | 90,577 | 42,513 | |
40/41 |
12,384 | 22,973 | 18,045 | |
40 |
0 | 21,273 | 18,031 | |
41 |
12,384 | 1,700 | 14 | |
54/58 |
106,141 | 65,800 | 16,887 | |
490/1 |
2,464 | 1,804 | 7,581 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
122,533 | 93,592 | 42,513 | |
10/15 |
108,889 | 59,794 | 10,605 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
107,889 | 58,794 | 9,605 | |
133 |
107,889 | 58,794 | 9,605 | |
14 |
0 | 0 | 0 | |
17/49 |
13,645 | 33,798 | 31,908 | |
42/48 |
13,645 | 16,033 | 30,618 | |
43 |
100 | - | - | |
430/8 |
100 | - | - | |
44 |
7,594 | 3,062 | 10,252 | |
440/4 |
7,594 | 3,062 | 10,252 | |
45 |
5,951 | 12,138 | 9,640 | |
450/3 |
5,951 | 12,138 | 9,640 | |
47/48 |
0 | 833 | 10,726 | |
492/3 |
0 | 17,765 | 1,290 | |
| Income statement | ||||
9900 |
69,788 | 56,788 | 14,369 | |
630 |
1,472 | 1,399 | - | |
640/8 |
941 | 992 | 308 | |
9901 |
67,375 | 54,397 | 14,062 | |
75/76B |
688 | 14,660 | - | |
75 |
688 | 14,660 | - | |
65/66B |
3,540 | 4,408 | 790 | |
65 |
3,540 | 4,408 | 790 | |
9903 |
64,524 | 64,649 | 13,271 | |
67/77 |
15,429 | 14,627 | 2,866 | |
9904 |
49,095 | 50,022 | 10,405 | |
9905 |
49,095 | 50,022 | 10,405 | |
| Appropriation of the result | ||||
9906 |
49,095 | 50,022 | 10,405 | |
691/2 |
49,095 | 49,189 | 9,605 | |
6921 |
49,095 | 49,189 | 9,605 | |
694/7 |
0 | 833 | 800 | |
694 |
0 | 833 | 800 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 17-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 68,847 | 55,796 | - | ||
| 50,566 | 51,421 | - | ||
| 0 | 4,414 | - | ||
| 40,341 | 48,913 | - | ||
| 107,344 | 74,543 | 11,895 | ||
| 88.9% | 63.9% | 24.9% | ||
| 8.87 | 5.65 | 1.39 | ||
| 0.13 | 0.57 | 3.01 | ||
| 45.1% | 83.7% | 98.1% | ||
| 40.1% | 53.4% | 24.5% | ||
| 19.45 | 12.66 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | - | €4,414 | - |
| €1,472 | €1,399 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Purpose
The operating result for 2025 is 24% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 36.1% to 11.1%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationStatutory director
since 23-12-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 17-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-12-2022
Mandates through the years
2 names, the dashed line is todayNEYT Simon Luc
Statutory director
Statutory director
Verstraeten Magalie Jacqueline Raoul
Successor director (not named in the articles)
Successor director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- NEYT Simon Luc
- Statutory director, from 23-12-2022 to date
- Verstraeten Magalie Jacqueline Raoul
- Successor director (not named in the articles), appointed by deed of 28-12-2022, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €1,000
- Shares
- 300
- Contribution per share
- €3.33
- Equity per share
- €363 in 2025
- Source
- deed of 28-12-2022
Articles of association
deed of 28-12-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of December at 18:00
Shareholders
At incorporation
deed of 28-12-2022 ↗
- NEYT Simon Luc 300 shares (100%) · €1,000 in cash
Network & group
No group
Purpose has no parent and no holdings in its annual accounts. NEYT Simon Luc is the only director. Purpose shares no director with another company.
Timeline
Timeline
11 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Registered-office moveBoard meeting of 01-09-20252 points ▸
- Board meeting, 01-09-2025
- Registered-office move, Scheldeweg51, 9090Merelbeke-Melle
- The deed holds 1 more point.
2025
Annual accounts 2025 filed PDFmicro format · 45 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795349817
Equity above €100,000 equity €108,889 ▲82.1% With a profit in every financial year since 2023, equity grows to €108,889.
Registered office moved within MelleNew registered office: Sterreweg 6, 9090 Melle · Previous registered office: Kapellestraat 2D, 9090 Melle · Board meeting of 01-01-20252 points ▸
- Board meeting, 01-01-2025
- Registered-office move, Sterreweg 6, 9090 Melle
- The deed holds 1 more point.
2024
Annual accounts 2024 filed PDFmicro format · 35 days before the deadline
Highest result from 2023 to 2025 net €50,022 ▲381% The net result of €50,022 is the highest of those years.
Liquidity more than quadruples current ratio 5.65 The current ratio rises from 1.39 to 5.65. Short-term debt falls from €30,618 to €16,033.
Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
2022
IncorporationFounding capital of €1,000, 300 shares · Founder: NEYT Simon Luc · Appointments: NEYT Simon Luc (statutory director) and Verstraeten Magalie Jacqueline Raoul (successor director) · published on 28-12-20226 points ▸
- Founder, NEYT Simon Luc
- NEYT Simon Luc holds 300 shares
- 300 shares
- Director appointment, NEYT Simon Luc (statutory director)
- Founding capital, €1,000, 300 shares
- Director appointment, Verstraeten Magalie Jacqueline Raoul (successor director (not named in the articles))
- The deed holds 6 more points.
First establishment Scheldeweg 51, Merelbeke-Melle
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Purpose was incorporated on 23 December 2022 as a private limited company by one natural person, with a starting capital of €1,000.12 The registered office was moved to Melle in 2025.3 Since 2022, NEYT Simon Luc has served as statutory director.4 Total assets rose from €42,513 in 2023 to €122,533 in 2025.5
Company details
Identity
- Enterprise number
- 0795.349.817
- VAT number
- BE 0795.349.817
- Peppol ID
- 0208:0795349817
- Other Peppol ID
- 9925:BE0795349817
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-12-2022
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of December at 18:00deed of 28-12-2022 (in Dutch)
- Peppol
- Reachable since 07-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Purpose in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-12-2022 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
85599
Other education
Codes under NACEBEL 2008
70220
Business consulting main activity
63990
Computing infrastructure, data processing, hosting and other information service activities
70210
Activities of head offices; management consultancy activities
82300
Organisation of conventions and trade shows
82990
Other business support services
85599
Other education
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en…”deed of 28-12-2022 (in Dutch)
10 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen.
- De aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
- Zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.
- Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Het beheer van vennootschappen,verenigingen en stichtingen,ongeacht hun voorwerp,het optreden als vereffenaar,de uitoefening van bestuursmandaten.
- Het geven van opleiding bij zowel publieke onderwijsinstellingen als op privé-basis.
- Het publiceren van artikels en boeken.
- De organisatie van evenemente,opleidingen en workshops,die samen hangen met bovenstaande.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Scheldeweg 51 registered office 9090 Merelbeke-Melle | 23-12-2022 | 2.340.210.617 |
Buildings and parcels at the address
- Ground area
- 302 m²
- Buildings
- 102 m²
- Volume, LiDAR
- 583 m³
- Tallest building
- 10.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44024A0032/02L000 | 302 m² | 1 · 102 m² | 10.0 m · 2 |