RESPONSUM
ActiveSummary
The annual accounts of RESPONSUM for financial year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €404,273 and a net result of -€880,600. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 13% of 10,760 sector peers (NACE 70, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Business and other management consultancy
NACE 70200Computer programming NACE 62100
1 site
Size
≈ €440,000turnover 2025, estimated
- Staff
- 6.7 FTE
- Equity
- €404,273
- Loss
- -€880,600
Turnover estimated from the gross margin
Structure
- Largest shareholder
- VOLTA VENTURES II · 17.37%
- CD COSTADirector · permanent representative DANIELS Catalina
- PEETERS Lode Marie-Anne AugustDirector
2025 accounts filed 17 days late2 of 13 deeds summarised
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €880,600, the second in a row (financial year 2025)Equity €404,273 (7.3% of total assets)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.44, cash €759,429Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 22% of its sector peers (NACE 70, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
32-25
equity 7.3% of total assets
Liquidity
67+15
short-term debt 9.9% · cash 13.7%
Profitability
0=
return on assets -15.8%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%lowest value
12-2024: 0.6%● unchanged vs 11-2024lowest value
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.6%▲ +0.7 percentage points vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.9%▲ +0.1 percentage points vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -1.7 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.44, compared with 1.38 in 2024, above the usual 1.5; short-term debt: 9.9% and cash: 13.7% of total assets), but 92.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 15% on solvency, 59% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€880,600
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10760 sector peers (2025).
NBB · sector comparisonPosition among 10760 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 days late
2024
8 days early
2023
22 days early
2022
31 days late
2021
22 days late
2020
35 days early
2019
36 days 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 4 days before the deadline; the sector median (NACE 70) for financial year 2024 is 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 17 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€1.3m
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00401893.
Turnover
≈ €440,000
Estimated: probably between €350,000 and €820,000
Total assets
€5.6m▲ 40.0%
2024 · €4.0m
Net result
-€880,600▲ 32.1%
2024 · -€1.3m
Working capital
€791,363▲ 463%
2024 · €140,564
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €709,252 in 2025 against €1.2m in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.7m
2025
Net result-€0.9m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5.6m
2025
Equity€0.4m
2025
Debt€5.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-15.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency7.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.44
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)6.7
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.001m--€0.07m▼ 5,240%-€0.4m▼ 506%-€1.0m▼ 146%-€1.3m▼ 29.6%-€1.2m▲ 1.0%-€0.7m▲ 43.2%
Net result-€0.001m--€0.07mbelow the sector's middle half▼ 4,925%-€0.4mbelow the sector's middle half▼ 547%-€1.0mbelow the sector's middle half▼ 135%-€1.2mbelow the sector's middle half▼ 21.8%-€1.3mbelow the sector's middle half▼ 6.3%-€0.9mbelow the sector's middle half▲ 32.1%
Equity€0.002m-€0.1mwithin the sector's middle half▲ 58×€0.7mwithin the sector's middle half▲ 407%€1.8mabove the sector's middle half▲ 147%€2.6mabove the sector's middle half▲ 45.8%€1.3mwithin the sector's middle half▼ 50.2%€0.4mwithin the sector's middle half▼ 68.5%
Total assets€0.009m-€0.6mwithin the sector's middle half▲ 62×€1.9mwithin the sector's middle half▲ 234%€2.7mwithin the sector's middle half▲ 43.9%€3.5mabove the sector's middle half▲ 29.3%€4.0mabove the sector's middle half▲ 12.6%€5.6mabove the sector's middle half▲ 40.0%
Debt€0.007m-€0.4m▲ 63×€1.2m▲ 177%€1.0m▼ 18.9%€0.9m▼ 1.1%€2.7m▲ 184%€5.2m▲ 91.9%
Working capital€0.002m--€0.2mbelow the sector's middle half€0.2mwithin the sector's middle half€0.4mabove the sector's middle half▲ 110%€0.3mwithin the sector's middle half▼ 30.2%€0.1mwithin the sector's middle half▼ 50.9%€0.8mabove the sector's middle half▲ 463%
Solvency26.4%-24.9%within the sector's middle half▼ 1.5pp37.8%within the sector's middle half▲ 12.9pp64.9%within the sector's middle half▲ 27.2pp73.2%within the sector's middle half▲ 8.2pp32.4%within the sector's middle half▼ 40.8pp7.3%below the sector's middle half▼ 25.1pp
Current ratio1.31-0.35below the sector's middle half▼ 0.951.53within the sector's middle half▲ 1.172.20within the sector's middle half▲ 0.671.69within the sector's middle half▼ 0.511.38within the sector's middle half▼ 0.312.44within the sector's middle half▲ 1.06
Return on assets (ROA)-14.3%--11.6%below the sector's middle half▲ 2.7pp-22.4%below the sector's middle half▼ 10.9pp-36.7%below the sector's middle half▼ 14.3pp-34.6%below the sector's middle half▲ 2.1pp-32.7%below the sector's middle half▲ 1.9pp-15.8%below the sector's middle half▲ 16.8pp
Staff (FTE)3within the sector's middle half4.7within the sector's middle half▲ 56.7%6.6above the sector's middle half▲ 40.4%8.3above the sector's middle half▲ 25.8%8.3above the sector's middle half=6.7above the sector's middle half▼ 19.3%
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2022 Net result -135% on 2021. The previous financial year ran 15 months, this one 12.
- 2021 Net result -547% on 2020. This financial year ran 15 months, the previous one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.6m
Fixed assets
€4.2m ▲ 21.8%
Current assets
€1.3m ▲ 163%
Equity and liabilities €5.6m
Equity
€404,273 ▼ 68.5%
Debt
€5.2m ▲ 91.9%
Debt's share of the balance-sheet total rises from 67.6% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€197,027▲
2024 · -€841,961
Cash flow
-€368,375▲
2024 · -€889,515
Debt to equity
12.75▲
2024 · 2.09
ROE
-217.8%▼
2024 · -100.9%
Interest coverage
-0.79▲
2024 · -9.31
Debt ≤ 1 year
€550,578▲
2024 · €370,033
Debt > 1 year
€4.1m▲
2024 · €1.9m
Income taxes
-€61,777▼
2024 · -€36,873
Staff costs
€492,402▼
2024 · €596,139
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 642 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 89.9% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
3.6%
went bankrupt
5.5%
stopped otherwise
89.9%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 642 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.006m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | €0.3m | €0.4m | €0.6m | €0.6m | €0.5m | ▼ 17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €196 | €0.01m | €0.1m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 25.8% |
| Other operating charges640/8 | - | - | €0.001m | €425 | €312 | €0.01m | €0.002m | ▼ 78.4% |
| Gross operating margin9900 | -€0.001m | -€0.02m | €0.08m | -€0.4m | -€0.4m | -€0.2m | €0.3m | - |
| Operating profit (loss)9901 | -€0.001m | -€0.07m | -€0.4m | -€1.0m | -€1.3m | -€1.2m | -€0.7m | ▲ 43.2% |
| Financial income75/76B | - | - | €11 | €360 | €0.004m | €0.006m | €0.02m | ▲ 197% |
| Recurring financial income75 | - | - | €11 | €360 | €0.004m | €0.006m | €0.02m | ▲ 197% |
| Financial charges65/66B | - | - | €0.03m | €0.03m | €0.02m | €0.09m | €0.3m | ▲ 178% |
| Recurring financial charges65 | €87 | €420 | €0.03m | €0.03m | €0.02m | €0.09m | €0.3m | ▲ 178% |
| Profit (loss) for the period before taxes9903 | -€0.001m | -€0.07m | -€0.4m | -€1.0m | -€1.3m | -€1.3m | -€0.9m | ▲ 29.3% |
| Income taxes67/77 | - | €106 | €0.001m | €0.001m | -€0.06m | -€0.04m | -€0.06m | ▼ 67.5% |
| Profit (loss) for the period9904 | -€0.001m | -€0.07m | -€0.4m | -€1.0m | -€1.2m | -€1.3m | -€0.9m | ▲ 32.1% |
| Profit (loss) for the period to be appropriated9905 | -€0.001m | -€0.07m | -€0.4m | -€1.0m | -€1.2m | -€1.3m | -€0.9m | ▲ 32.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.009m | €0.6m | €1.9m | €2.7m | €3.5m | €4.0m | €5.6m | ▲ 40.0% |
| Fixed assets21/28 | €364 | €0.5m | €1.3m | €2.0m | €2.8m | €3.5m | €4.2m | ▲ 21.8% |
| Intangible fixed assets21 | - | €0.5m | €1.3m | €2.0m | €2.8m | €3.5m | €4.2m | ▲ 22.0% |
| Tangible fixed assets22/27 | - | - | €0.009m | €0.01m | €0.009m | €0.008m | €0.003m | ▼ 57.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.001m | €493 | ▼ 35.8% |
| Furniture and vehicles24 | - | - | €0.009m | €0.01m | €0.009m | €0.007m | €0.003m | ▼ 60.3% |
| Financial fixed assets28 | €364 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Current assets29/58 | €0.009m | €0.1m | €0.6m | €0.8m | €0.7m | €0.5m | €1.3m | ▲ 163% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.06m | €0.1m | €0.2m | ▲ 64.5% |
| Other amounts receivable291 | - | - | - | - | €0.06m | €0.1m | €0.2m | ▲ 64.5% |
| Amounts receivable within one year40/41 | €0.008m | €0.06m | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 23.1% |
| Trade receivables40 | - | - | €0.06m | €0.06m | €0.2m | €0.3m | €0.3m | ▲ 9.5% |
| Other amounts receivable41 | - | - | €0.04m | €0.06m | €0.06m | €0.001m | €0.04m | ▲ 35× |
| Cash at bank and in hand54/58 | €0.001m | €0.05m | €0.5m | €0.5m | €0.4m | €0.07m | €0.8m | ▲ 979% |
| Deferred charges and accrued income490/1 | - | - | €0.004m | €0.08m | €0.05m | €0.03m | €0.04m | ▲ 26.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.009m | €0.6m | €1.9m | €2.7m | €3.5m | €4.0m | €5.6m | ▲ 40.0% |
| Equity10/15 | €0.002m | €0.1m | €0.7m | €1.8m | €2.6m | €1.3m | €0.4m | ▼ 68.5% |
| Contributions10/11 | €0.02m | - | €1.2m | €3.3m | €5.3m | €1.8m | €1.8m | = |
| Reserves13 | €342 | €342 | €342 | €342 | €342 | €342 | €342 | = |
| Distributable reserves133 | - | - | €342 | €342 | €342 | €342 | €342 | = |
| Profit (loss) carried forward14 | -€0.02m | -€0.08m | -€0.5m | -€1.5m | -€2.7m | -€0.5m | -€1.4m | ▼ 168% |
| Amounts payable17/49 | €0.007m | €0.4m | €1.2m | €1.0m | €0.9m | €2.7m | €5.2m | ▲ 91.9% |
| Amounts payable after more than one year17 | - | €0.1m | €0.7m | €0.3m | €0.3m | €1.9m | €4.1m | ▲ 122% |
| Financial debts170/4 | - | - | €0.7m | €0.3m | €0.3m | €1.9m | €4.1m | ▲ 122% |
| Amounts payable within one year42/48 | €0.007m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | €0.6m | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | - | €0.03m | €0.06m | €0.06m | €0.06m | €0.07m | ▲ 3.0% |
| Financial debts43 | - | - | €0.1m | €0.02m | €0.01m | €0.05m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €0.1m | €0.02m | €0.01m | €0.05m | €0 | ▼ 100% |
| Trade debts44 | - | €0.3m | €0.2m | €0.1m | €0.2m | €0.1m | €0.4m | ▲ 144% |
| Suppliers440/4 | - | - | €0.2m | €0.1m | €0.2m | €0.1m | €0.4m | ▲ 144% |
| Taxes, remuneration and social security45 | - | - | €0.04m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 10.2% |
| Taxes450/3 | - | - | €0.004m | €0.003m | €0.001m | €0.001m | €170 | ▼ 77.3% |
| Remuneration and social security454/9 | - | - | €0.04m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 9.1% |
| Other amounts payable47/48 | - | - | - | €0.08m | €0.08m | €0.06m | €0.09m | ▲ 52.8% |
| Accrued charges and deferred income492/3 | - | - | €0.1m | €0.3m | €0.3m | €0.5m | €0.5m | ▲ 4.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.001m | -€0.07m | -€0.4m | -€1.0m | -€1.2m | -€1.3m | -€0.9m | ▲ 32.1% |
| + Depreciation and write-downs630 | €196 | €0.01m | €0.1m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 25.8% |
| Operating cash flow (approximation) | -€0.001m | -€0.06m | -€0.3m | -€0.8m | -€0.9m | -€0.9m | -€0.4m | ▲ 58.6% |
| Investment in fixed assets (approximation) | - | -€0.5m | -€1.0m | -€0.8m | -€1.1m | -€1.0m | -€1.3m | ▼ 21.5% |
| Change in cash | - | €0.05m | €0.4m | €0.09m | -€0.2m | -€0.3m | €0.7m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-08-2026 | 2026-00401893 |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00309244 |
| 31-12-2023 | abbreviated format | 09-07-2024 | 2024-00252453 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00430484 |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20302796 |
| 30-09-2020 | abbreviated format | 26-03-2021 | 2021-08800070 |
| 30-09-2019 | abbreviated format | 25-03-2020 | 2020-07500466 |
| 30-09-2018 | abbreviated format | 28-03-2019 | 2019-08600242 |
| 30-09-2017 | micro format | 28-03-2018 | 2018-08200599 |
| 30-09-2016 | abbreviated format | 12-01-2017 | 2017-00900145 |
Similar companies · same sector, comparable size
GILLOU
BE 0630.813.170
Gent · equity €404,310
MCA Ventures & Advisory
BE 0705.822.280
Sint-Pieters-Woluwe · equity €404,207
NiSe Advisory
BE 0785.481.353
Bekkevoort · equity €404,391
RAV MANAGEMENT
BE 0728.955.196
Genappe · equity €404,450
Retsilver Linings
BE 0540.709.276
Deinze · equity €404,451
Of the 82,475 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,350. 36,992 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 8 entries · €338,559 awarded · €338,560 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | -€12,488 | €64,872 |
| 2024 | 1 | €0 | €127,000 |
| 2023 | 2 | €321,752 | €129,880 |
| 2022 | 2 | €29,295 | €16,808 |
Public contracts
1 award · 2023
GDPR tool en ondersteuning
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Directors
2 directors, last change in 2023
Board 2
CD COSTA
CurrentDirector · since 26-07-2022 · Private limited company · permanent representative: DANIELS Catalina
PEETERS Lode Marie-Anne August
CurrentBijkomende niet statutair bestuurder · since 05-04-2023
Permanent representatives 1
DANIELS Catalina
CurrentPermanent representative · since 26-07-2022 · for CD COSTA
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
11 of this company's 13 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2022, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CD COSTA |
|
| PEETERS Lode Marie-Anne August |
|
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off
1 other company of this director was struck off by the FPS Economy (2026).
- THE BIRDHOUSE struck off on 28-06-2026Official Gazettemandate since 2022
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it. Only boards we have read from the Gazette; other companies may still be missing.
Owners and capital
Owners
1 ownerOwners 1
-
17.37%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital over the years
- 16-11-2023 Capital increase of €924,557.79 · 8,241 new shares
- 19-04-2023 Capital increase of €0.03
- 19-04-2023 Capital increase of €1,105,744.64 · 9,856 new shares
- 19-04-2023 Capital increase of €1,105,744.64 · 9,856 new shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
THE BIRDHOUSE
Shared corporate director
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 17 days late
2025
23-07
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial
Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial
Equity above €2mequity €2.6m ▲45.8%
Equity rises from €1.8m to €2.6m.
16-11
Gazette deed
Reappointment: CD Costa BV (director)Permanent representatives: DANIELS Catalina, Alex Van Cauwenbergh and 2 others · Share cancellation · Capital45 facts ▸
Gazette deed
Reappointment: CD Costa BV (director)
Permanent representatives: DANIELS Catalina, Alex Van Cauwenbergh and 2 others · Share cancellation · Capital45 facts ▸
- General meeting, 06-11-2023
- General meeting, 05-04-2023
- Other provision, “materiële vergissing bij uitoefening anti-dilutie inschrijvingsrechten op 2023-04-05”, 437 (deed in Dutch)
- Share cancellation, “Soort A-bis”, 30 (deed in Dutch)
- Share cancellation, “Soort A-bis”, 6 (deed in Dutch)
- Share cancellation, “Soort B”, 203 (deed in Dutch)
- Capital (2 times)
- Financial instrument, 3, “één onderhandse volmacht gehecht” (deed in Dutch)
- Financial instrument, 05-04-2023
- Share issue, EUR, “statuten en financiële toestand” (deed in Dutch) (7 times)
- Bank account, “ieder nieuw aandeel, attest van bank gehecht” (deed in Dutch)
- Other provision, “beschikbare eigen vermogensrekening” (deed in Dutch)
- +33 further facts in this act
31-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 31 days late
19-04
Gazette deed
Appointment: PEETERS Lode Marie-Anne August (bijkomende niet statutair bestuurder)Permanent representatives: VAN CAUWENBERGH Alex, VAN DEN HEUVEL Bavo Jan Kris and DE WAELE Koen · Financial instrument · Bank account47 facts ▸
Gazette deed
Appointment: PEETERS Lode Marie-Anne August (bijkomende niet statutair bestuurder)
Permanent representatives: VAN CAUWENBERGH Alex, VAN DEN HEUVEL Bavo Jan Kris and DE WAELE Koen · Financial instrument · Bank account47 facts ▸
- General meeting, 05-04-2023 (2 times)
- General meeting, 26-07-2022
- Financial instrument, “aantal relevante soort gehouden bij uitoefening,exclusief 592 Soort B uit 1 soort B recht in kader Inbrengen onder voorbehoud aanpassing, totaal uitstaande aand…” (deed in Dutch)
- Financial instrument, 1, “uitoefening” (deed in Dutch) (3 times)
- Bank account, “bijzondere rekening, BE69 7350 6399 9978” (deed in Dutch)
- Amendment of the articles, 5
- Capital increase, €0.03
- Share issue, “soort A-Bis”, 103 (deed in Dutch)
- Share issue, “soort A-Bis”, 21 (deed in Dutch)
- Share issue, “soort B”, 437 (deed in Dutch)
- Other provision, “verzaking verslag artikel 5:121 §1 WVV, eenparigheid van stemmen” (deed in Dutch)
- Capital increase, €1,105,744.64 (2 times)
- +35 further facts in this act
2022
31-12
Financial
Equity above €1mequity €1.8m ▲147%
Equity rises from €715,790 to €1.8m.
22-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 22 days late
2021
31-12
Financial
Liquidity more than quadruplescurrent ratio 1.53
Current ratio from 0.35 to 1.53.
31-12
Financial
Equity above €500,000equity €715,790 ▲407%
Equity rises from €141,229 to €715,790.
Show earlier events
26-03
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
30-09
Financial
Equity above €100,000equity €141,229 ▲5,724%
Equity rises from €2,425 to €141,229.
25-03
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
28-03
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
28-03
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
12-01
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 13 deeds read
About the unread acts
Of the 13 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 11 have not 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.
Register details
Identification
Legal formPrivate limited company
Founded05-08-2015
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0634877668
Registered
21-10-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2015
Ground area
3,188 m²
Building footprint
1,004 m²
Parcel 23094D0050/00D002, Flanders. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Krinos & Co
since 2015unit no. 2.245.994.715
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23094D0050/00D002 | Flanders | 3,188 m² | 1 · 1,004 m² | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van bedrijfsstrategie, bedrijfsbeheer, bedrijfsvoering…” (deed in Dutch)
10 activities (deed in Dutch)
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van bedrijfsstrategie, bedrijfsbeheer, bedrijfsvoering, planning, organisatie, efficiëntie, het verschaffen van informatie aan de bedrijfsleiding, enz.;
- Het identificeren en modelleren van de behoeften in één of meerdere kennisgebieden zoals Logistiek, HR, Training, Rekrutering & Selectie, Innovatie, Sales, Marketing, enz.;
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz.;
- De conceptualisering, uitvoering en opvolging van één of meerdere complexe projecten in opdracht van één of meerdere klanten;
- Alle consultingwerkzaamheden met betrekking tot informatietechnologie, IT-systemen, IT software, trainingen en opleidingen;
- Het verkopen en/of verhuren van allerlei IT hardware en IT softwareproducten en opleidingen, zowel zelf ontworpen als van andere leveranciers;
- De groot -en kleinhandel in computers, de bijhorende randapparatuur, alsmede alle daarop betrekking hebbende goederen, zoals materieel, onderdelen, benodigdheden, software, communicatiesystemen, beeld –en geluidsapparatuur, telefonie;
- Het operationeel onderhoud van computersystemen en computernetwerken;
- De activiteiten van systeemintegrators;
- Audit-activiteiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Responsum
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene kosten, algemene vergadering” (deed in Dutch)“Alle handelingen van intern bestuur nodig of dienstig voor voorwerp, handelingen waarvoor volgens wet alleen algemene vergadering bevoegd is” (deed in Dutch)“Bestuursorgaan, 6” (deed in Dutch)“Aandeelhouders op wiens voordracht te vervangen bestuurder benoemd, 2” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Op naam, Artikel 9” (deed in Dutch)“Aandelen en andere effecten, Artikel 9” (deed in Dutch)1 more provision on this in the deed
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- “Aantal relevante soort gehouden bij uitoefening, totaal uitstaande aandelen onmiddellijk voorafgaand aan Dilutieve Uitgifte” (deed in Dutch)“Aantal relevante soort gehouden door houder bij uitoefening, totaal aantal uitstaande aandelen alle Soort A,Soort A-Bis,Soort A-Ter en Soort…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, authentieke vorm” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer vereffenaars benoemen of ontslaan, te allen tijde” (deed in Dutch)1 more provision on this in the deed