Checked.be
Active
BE 0792.682.812Private limited company
Real Improve
Vanderkinderestraat 468 ·1180 Ukkel, Belgium· 3 yrs active
Sector: Business and other management consultancy
(70200)
Conclusion
Real Improve has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-22k. Its solvency ranks better than 10% of 3126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €16k |
| Net result | €-22k |
| Better than sector | 10% |
| Active | 3 yrs |
Financial profile
29
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
15
Profitability
0
Solvency
3
Growth
32
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
15
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
68
2024
15
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.08 (< 1.0)
-10
Quick ratio
Quick ratio 0.08 (< 0.6)
-5
Leverage
Debt/equity 22.04 (> 3.0)
-10
Profitability
Negatieve ROE -139%
-10
Interest coverage
Interest coverage 2.2×
+3
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-02-2026 with the NBB · fiscal year 2025 · full schema
Sector comparison
Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.3% | 53.0% | |
| Net result | €-22k | €58k | |
| Equity | €16k | €1.05M | |
| Gross operating margin | €17k | €99k | |
| Total assets | €373k | €2.61M |
€16k
-71.3%
24-25
€-22k
-
24-25
€9k
-76.8%
24-25
€373k
+386.8%
24-25
€16k
-58.1%
24-25
€-52k
-766.3%
24-25
€18k
-
24-25
€357k
+840.0%
24-25
€57k
+49.7%
24-25
€300k
-
24-25
0.08
-90.2%
24-25
0.08
-90.2%
24-25
4.3%
-91.4%
24-25
22.04
+2144.9%
24-25
-138.8%
-
24-25
-6.0%
-
24-25
2.18
-99.6%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 |
|---|---|---|
| Deposit | full schema | full schema |
| Revenue | - | - |
| EBITDA | €16k | €56k |
| Net profit | €-22k | €37k |
| Cash flow | €9k | €37k |
| Staff costs | - | - |
| Income taxes | - | €18k |
| Dividends | - | - |
| Total assets | €373k | €77k |
| Equity | €16k | €39k |
| Debt | €357k | €38k |
| of which ≤ 1y | €57k | €38k |
| of which > 1y | €300k | - |
| Working capital | €-52k | €-6k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2025 | 2024 | |
|---|---|---|
| Current ratio | 0.08 | 0.84 |
| Quick ratio | 0.08 | 0.84 |
| Working capital ratio | -14.0% | -7.9% |
| Solvency | 4.3% | 50.5% |
| Debt / equity | 22.04 | 0.98 |
| Long-term debt ratio | 18.53 | - |
| Interest coverage | 2.18 | 489.03 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | -6.0% | 48.5% |
| ROE | -138.8% | 96.1% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €373k | €77k |
| Fixed assets | 21/28 | €369k | €45k |
| Tangible fixed assets | 22/27 | €369k | €45k |
| Current assets | 29/58 | €5k | €32k |
| Amounts receivable within one year | 40/41 | - | €3k |
| Cash & bank | 54/58 | €5k | €28k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €373k | €77k |
| Equity | 10/15 | €16k | €39k |
| Contributions / capital | 10/11 | €2k | €2k |
| Reserves | 13 | €37k | €37k |
| Accumulated profits (losses) | 14 | €-22k | - |
| Amounts payable | 17/49 | €357k | €38k |
| Amounts payable after one year | 17 | €300k | - |
| Amounts payable within one year | 42/48 | €57k | €38k |
| Trade debts payable within one year | 44 | €30k | €19k |
| Income statement | |||
| Gross operating margin | 9900 | €17k | €57k |
| Operating result | 9901 | €-15k | €56k |
| Financial income | 75 | - | €5 |
| Financial charges | 65 | €7k | €114 |
| Result before taxes | 9903 | €-22k | €55k |
| Income taxes | 67/77 | - | €18k |
| Net result for the period | 9904 | €-22k | €37k |
| Result to be appropriated | 9905 | €-22k | €37k |
Legal Structure
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 20-10-2022 |
| Status | Active |
| Postal code | 1180 |
Establishment units
Jean-Charles t'Kint de Roodenbeke
since 20222.339.054.733
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00R036 | Brussels | 179 m² | 1 · 152 m² | 17.1 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-09
State Gazette act
Miscellaneous
other · Jérôme du Bus de Warnaffe
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2024
27-09-2024 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Jérôme du Bus de Warnaffe · Auderghem
Technical details
{
"stage": null,
"notary": {
"name": "J\u00E9r\u00F4me du Bus de Warnaffe",
"firm_city": null,
"firm_name": null,
"office_city": "Auderghem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-27",
"filing_date": "2024-09-25",
"act_kind_objet": "DIVERS"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2024-09-12",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": null,
"subject_company": {
"kbo": "0792.682.812",
"name_full": "Real Improve",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "J\u00E9r\u00F4me du Bus de Warnaffe",
"org_rep_person_name": null
},
"summary_narrative": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e \u00AB Real Improve \u00BB a d\u00E9cid\u00E9 de transf\u00E9rer son si\u00E8ge de la R\u00E9gion Wallonne vers la R\u00E9gion de Bruxelles-Capitale et de modifier les statuts en cons\u00E9quence. Une deuxi\u00E8me r\u00E9solution a \u00E9galement \u00E9t\u00E9 adopt\u00E9e pour modifier l\u0027adresse du si\u00E8ge social.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}Credit advice
Company registry (CBE)
Activities
Business and other management consultancy70200Business consulting70220Activities of head offices; management consultancy activities70210Public relations and communication consultancy73300
Names & trade names
| Legal nameFR | Real Improve |
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