RealPart
ActiveSummary
The annual accounts of RealPart for fiscal year 2025 show a net loss of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €172 and a net result of -€2,040. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31958 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-19
Solvency26▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 49.05 against 35.98 in 2024; short-term debt: 2% and cash: 1% of total assets), but 99.3% of the assets are financed with debt.
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. 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
-8.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31958 sector peers (2025).
NBB · sector comparisonPosition among 31958 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 04-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
107 d early
2023
70 d early
2022
96 d early
2021
81 d early
2020
71 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 76 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. Usually files around 10 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-12-2026 close30-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€6,155
EBIT margin
64.1%
Net result
-€2,040▼ 636%
2024 · -€277
Working capital
€22,918▼ 2.1%
2024 · €23,401
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€6,155
Operating result€3,944-€3,017-€3,877▼ 28.5%-€221▲ 94.3%-€1,974▼ 793%
Net result€3,891within the sector's middle half€6,699within the sector's middle half▲ 72.2%-€3,929below the sector's middle half-€277below the sector's middle half▲ 92.9%-€2,040below the sector's middle half▼ 636%
EBIT margin64.1%
Equity-€281below the sector's middle half▲ 93.3%€6,418below the sector's middle half€2,489below the sector's middle half▼ 61.2%€2,212below the sector's middle half▼ 11.1%€172below the sector's middle half▼ 92.2%
Total assets€27,408below the sector's middle half▲ 14.8%€25,506below the sector's middle half▼ 6.9%€24,531below the sector's middle half▼ 3.8%€24,070below the sector's middle half▼ 1.9%€23,395below the sector's middle half▼ 2.8%
Debt€27,689▼ 1.3%€19,088▼ 31.1%€22,042▲ 15.5%€21,858▼ 0.8%€23,223▲ 6.2%
Working capital€16,719within the sector's middle half▲ 30.3%€23,418within the sector's middle half▲ 40.1%€19,489within the sector's middle half▼ 16.8%€23,401within the sector's middle half▲ 20.1%€22,918within the sector's middle half▼ 2.1%
Solvency-1.0%below the sector's middle half▲ 16.5pp25.2%below the sector's middle half▲ 26.2pp10.1%below the sector's middle half▼ 15.0pp9.2%below the sector's middle half▼ 1.0pp0.7%below the sector's middle half▼ 8.5pp
Current ratio2.56within the sector's middle half▲ 0.4012.22above the sector's middle half▲ 9.654.87above the sector's middle half▼ 7.3535.98above the sector's middle half▲ 31.1149.05above the sector's middle half▲ 13.07
Return on assets (ROA)14.2%within the sector's middle half▲ 20.0pp26.3%within the sector's middle half▲ 12.1pp-16.0%below the sector's middle half▼ 42.3pp-1.2%below the sector's middle half▲ 14.9pp-8.7%below the sector's middle half▼ 7.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,974 in 2025 against €221 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €23,395
Equity
€172 ▼ 92.2%
Debt
€23,223 ▲ 6.2%
Debt's share of the balance-sheet total rises from 90.8% to 99.3%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€477▼
2024 · €669
Debt > 1 year
€22,746▲
2024 · €21,189
Equity ratios withheld: equity of €172 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €6,155 | - | - | - | - | - |
| Other operating charges640/8 | €2,211 | €3,017 | €3,877 | €221 | €1,974 | ▲ 793% |
| Gross operating margin9900 | €6,155 | - | - | - | - | - |
| Operating profit (loss)9901 | €3,944 | -€3,017 | -€3,877 | -€221 | -€1,974 | ▼ 793% |
| Financial income75/76B | €1 | €9,768 | - | - | - | - |
| Recurring financial income75 | €1 | €9,768 | - | - | - | - |
| Non-recurring financial income76B | - | €9,768 | - | - | - | - |
| Financial charges65/66B | €54 | €52 | €52 | €56 | €66 | ▲ 17.9% |
| Recurring financial charges65 | €54 | €52 | €52 | €56 | €66 | ▲ 17.9% |
| Profit (loss) for the period before taxes9903 | €3,891 | €6,699 | -€3,929 | -€277 | -€2,040 | ▼ 636% |
| Profit (loss) for the period9904 | €3,891 | €6,699 | -€3,929 | -€277 | -€2,040 | ▼ 636% |
| Profit (loss) for the period to be appropriated9905 | €3,891 | €6,699 | -€3,929 | -€277 | -€2,040 | ▼ 636% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,408 | €25,506 | €24,531 | €24,070 | €23,395 | ▼ 2.8% |
| Current assets29/58 | €27,408 | €25,506 | €24,531 | €24,070 | €23,395 | ▼ 2.8% |
| Amounts receivable within one year40/41 | €22,201 | €22,465 | €22,896 | €22,905 | €23,169 | ▲ 1.2% |
| Trade receivables40 | €9,251 | €9,251 | €9,251 | €9,251 | €9,251 | = |
| Other amounts receivable41 | €12,950 | €13,214 | €13,645 | €13,654 | €13,918 | ▲ 1.9% |
| Cash at bank and in hand54/58 | €5,207 | €3,041 | €1,635 | €1,165 | €226 | ▼ 80.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,408 | €25,506 | €24,531 | €24,070 | €23,395 | ▼ 2.8% |
| Equity10/15 | -€281 | €6,418 | €2,489 | €2,212 | €172 | ▼ 92.2% |
| Contributions10/11 | €18,620 | €18,620 | €18,620 | €18,620 | €18,620 | = |
| Capital10 | €18,620 | €18,620 | - | - | - | - |
| Issued capital100 | €18,620 | €18,620 | - | - | - | - |
| Reserves13 | €1,862 | €1,862 | €1,862 | €1,862 | €1,862 | = |
| Non-distributable reserves130/1 | €1,862 | €1,862 | - | - | - | - |
| Legal reserve130 | €1,862 | €1,862 | - | - | - | - |
| Distributable reserves133 | - | - | €1,862 | €1,862 | €1,862 | = |
| Profit (loss) carried forward14 | -€20,763 | -€14,064 | -€17,993 | -€18,270 | -€20,310 | ▼ 11.2% |
| Amounts payable17/49 | €27,689 | €19,088 | €22,042 | €21,858 | €23,223 | ▲ 6.2% |
| Amounts payable after more than one year17 | €17,000 | €17,000 | €17,000 | €21,189 | €22,746 | ▲ 7.3% |
| Other amounts payable178/9 | €17,000 | €17,000 | €17,000 | €21,189 | €22,746 | ▲ 7.3% |
| Amounts payable within one year42/48 | €10,689 | €2,088 | €5,042 | €669 | €477 | ▼ 28.7% |
| Trade debts44 | €9,385 | - | €704 | €669 | €477 | ▼ 28.7% |
| Suppliers440/4 | €9,385 | - | €704 | €669 | €477 | ▼ 28.7% |
| Other amounts payable47/48 | €1,304 | €2,088 | €4,338 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,891 | €6,699 | -€3,929 | -€277 | -€2,040 | ▼ 636% |
| Operating cash flow (approximation) | €3,891 | €6,699 | -€3,929 | -€277 | -€2,040 | ▼ 636% |
| Change in cash | - | -€2,166 | -€1,406 | -€470 | -€939 | ▼ 99.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-12
Financial
Liquidity times 7current ratio 35.98
Current ratio from 4.87 to 35.98; short-term debt falls from €5,042 to €669.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial
Highest result since 2018net €6,699 ▲72.2%
Net result €6,699, the highest in the series.
30-12
Financial
Liquidity times 5current ratio 12.22
Current ratio from 2.56 to 12.22; short-term debt falls from €10,689 to €2,088.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Back to profitnet €3,891
Net result €3,891 after 3 loss-making years.
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Leuven · 1 establishment unit since 1999
Ground area
1,315 m²
Building footprint
179 m²
Volume, LiDAR
1,631 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Halensebaan 77, 3390 Tielt-Winge
since 19992.092.503.202
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101C0152/00W005 | Flanders | 1,254 m² | 1 · 131 m² | 9.3 m · 2 fl. |
| 24502B0320/02E003 | Flanders | 61 m² | 1 · 47 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
SD Consulting
BE 0700.332.080
Temse · Eq €172
STYRCO
BE 1012.567.756
Lier · Eq €174
DORAL
BE 0430.487.087
Elsene · Eq €176
DMCM
BE 0476.459.446
Antwerpen · Eq €176
FLEXXO
BE 0629.960.263
Court-Saint-Etienne · Eq €167
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 1,009 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
Founded22-06-1999
Fiscal year end30-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466305526
Also
9925:BE0466305526
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.