RISK RETURN
ActiveSummary
RISK RETURN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €106k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.95 in 2024; short-term debt: 86.9% and cash: 58.6% of total assets), and 86.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.1%
Return on assets
67.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 19%
← weakest
strongest →
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 26-01-2026, 5 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
5 d early
2024
24 d early
2023
2 d early
2022
on the day
2021
4 d early
2020
4 d early
2019
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 monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k=
2024 · €20k
2019: €53khighest in 7 years
2020: €8k▼ -83.9% vs 2019
2021: €8k▼ -1.3% vs 2020
2022: €8k▼ -0.4% vs 2021lowest in 7 years
2023: €20k▲ +147% vs 2022
2024: €20k▼ -0.1% vs 2023
2025: €20k● +0.0% vs 2024
2019 → 2025
Total assets
€157k▲ 2.7%
2024 · €153k
2019: €92k
2020: €142k▲ +54.9% vs 2019
2021: €201k▲ +41.2% vs 2020highest in 7 years
2022: €109k▼ -45.6% vs 2021
2023: €88k▼ -19.8% vs 2022lowest in 7 years
2024: €153k▲ +74.0% vs 2023
2025: €157k▲ +2.7% vs 2024
2019 → 2025
Net result
€106k▲ 17.1%
2024 · €90k
2019: €62k
2020: €74k▲ +19.6% vs 2019
2021: €140k▲ +90.0% vs 2020highest in 7 years
2022: €60k▼ -57.3% vs 2021
2023: €46k▼ -23.8% vs 2022lowest in 7 years
2024: €90k▲ +97.4% vs 2023
2025: €106k▲ +17.1% vs 2024
2019 → 2025
Working capital
€-11k▼ 55.6%
2024 · €-7k
2019: €48khighest in 7 years
2020: €2k▼ -96.7% vs 2019
2021: €-3k▼ -276% vs 2020
2022: €-1k▲ +51.0% vs 2021
2023: €13k▲ +1019% vs 2022
2024: €-7k▼ -154% vs 2023
2025: €-11k▼ -55.6% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€8k▼ 0.4%€20k▲ 147%€20k▼ 0.1%€20k=
2021: €8k
2022: €8k▼ -0.4% vs 2021lowest in 5 years
2023: €20k▲ +147% vs 2022highest in 5 years
2024: €20k▼ -0.1% vs 2023
2025: €20k● +0.0% vs 2024
Operating result€187k-€79k▼ 57.9%€62k▼ 21.0%€119k▲ 91.8%€140k▲ 17.2%
2021: €187khighest in 5 years
2022: €79k▼ -57.9% vs 2021
2023: €62k▼ -21.0% vs 2022lowest in 5 years
2024: €119k▲ +91.8% vs 2023
2025: €140k▲ +17.2% vs 2024
Net result€140k-€60k▼ 57.3%€46k▼ 23.8%€90k▲ 97.4%€106k▲ 17.1%
2021: €140khighest in 5 years
2022: €60k▼ -57.3% vs 2021
2023: €46k▼ -23.8% vs 2022lowest in 5 years
2024: €90k▲ +97.4% vs 2023
2025: €106k▲ +17.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€31k ▲ 14.0%
Current assets
€125k ▲ 0.2%
Equity and liabilities €157k
Equity
€20k =
Debt
€136k ▲ 3.1%
Debt's share of the balance-sheet total rises from 86.6% to 86.9%. Debt is higher.
Key figures and ratios
EBITDA
€151k▲
2024 · €126k
Cash flow
€117k▲
2024 · €97k
Current ratio
0.92▼
2024 · 0.95
Debt to equity
6.65▲
2024 · 6.45
ROE
515.9%▲
2024 · 440.8%
ROA
67.4%▲
2024 · 59.1%
Interest coverage
601.74▲
2024 · 462.44
Debt ≤ 1 year
€136k▲
2024 · €132k
Income taxes
€34k▲
2024 · €29k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€153k€157k▲
Fixed assets21/28€27k€31k▲
Tangible fixed assets22/27€27k€31k▲
Furniture and vehicles24€16k€18k▲
Other tangible fixed assets26€11k€13k▲
Financial fixed assets28€60€60=
Current assets29/58€125k€125k▲
Amounts receivable within one year40/41€2k€21k▲
Trade receivables40€2k€5k▲
Other amounts receivable41-€16k
Cash at bank and in hand54/58€117k€92k▼
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€153k€157k▲
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€3€6▲
Amounts payable17/49€132k€136k▲
Amounts payable within one year42/48€132k€136k▲
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€27k€9k▼
Taxes450/3€27k€9k▼
Other amounts payable47/48€100k€118k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Other operating charges640/8€889€911▲
Gross operating margin9900€127k€152k▲
Operating profit (loss)9901€119k€140k▲
Financial income75/76B€9€2▼
Recurring financial income75€9€2▼
Financial charges65/66B€272€251▼
Recurring financial charges65€272€251▼
Profit (loss) for the period before taxes9903€119k€139k▲
Income taxes67/77€29k€34k▲
Profit (loss) for the period9904€90k€106k▲
Profit (loss) for the period to be appropriated9905€90k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€106k▲
Profit (loss) brought forward from the previous period14P€30€3▼
Profit to be distributed694/7€90k€106k▲
Return on contributions (dividend)694€90k€106k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €4k | €6k | €11k | ▲ 72.4% |
| Other operating charges640/8 | - | €457 | €712 | €889 | €911 | ▲ 2.5% |
| Gross operating margin9900 | €191k | €82k | €67k | €127k | €152k | ▲ 19.9% |
| Operating profit (loss)9901 | €187k | €79k | €62k | €119k | €140k | ▲ 17.2% |
| Financial income75/76B | - | €63 | €2 | €9 | €2 | ▼ 76.1% |
| Recurring financial income75 | €111 | €63 | €2 | €9 | €2 | ▼ 76.1% |
| Financial charges65/66B | - | €690 | €2k | €272 | €251 | ▼ 7.8% |
| Recurring financial charges65 | €881 | €690 | €2k | €272 | €251 | ▼ 7.8% |
| Profit (loss) for the period before taxes9903 | €186k | €78k | €60k | €119k | €139k | ▲ 17.2% |
| Income taxes67/77 | €46k | €18k | €15k | €29k | €34k | ▲ 17.7% |
| Profit (loss) for the period9904 | €140k | €60k | €46k | €90k | €106k | ▲ 17.1% |
| Profit (loss) for the period to be appropriated9905 | €140k | €60k | €46k | €90k | €106k | ▲ 17.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €201k | €109k | €88k | €153k | €157k | ▲ 2.7% |
| Fixed assets21/28 | €11k | €10k | €8k | €27k | €31k | ▲ 14.0% |
| Tangible fixed assets22/27 | €11k | €10k | €8k | €27k | €31k | ▲ 14.0% |
| Furniture and vehicles24 | - | €6k | €5k | €16k | €18k | ▲ 10.1% |
| Other tangible fixed assets26 | - | €4k | €3k | €11k | €13k | ▲ 19.6% |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €190k | €100k | €80k | €125k | €125k | ▲ 0.2% |
| Amounts receivable within one year40/41 | €7k | €30k | €56k | €2k | €21k | ▲ 838% |
| Trade receivables40 | - | €30k | €56k | €2k | €5k | ▲ 121% |
| Other amounts receivable41 | - | - | €137 | - | €16k | - |
| Cash at bank and in hand54/58 | €176k | €66k | €20k | €117k | €92k | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €6k | €13k | ▲ 98.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €201k | €109k | €88k | €153k | €157k | ▲ 2.7% |
| Equity10/15 | €8k | €8k | €20k | €20k | €20k | = |
| Contributions10/11 | - | €6k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €78 | €42 | €30 | €3 | €6 | ▲ 87.9% |
| Amounts payable17/49 | €193k | €101k | €67k | €132k | €136k | ▲ 3.1% |
| Amounts payable within one year42/48 | €193k | €101k | €67k | €132k | €136k | ▲ 3.1% |
| Trade debts44 | €404 | €7k | €3k | €6k | €10k | ▲ 72.7% |
| Suppliers440/4 | - | €7k | €3k | €6k | €10k | ▲ 72.7% |
| Taxes, remuneration and social security45 | - | €27k | €14k | €27k | €9k | ▼ 66.7% |
| Taxes450/3 | - | €25k | €14k | €27k | €9k | ▼ 66.7% |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €66k | €51k | €100k | €118k | ▲ 18.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140k | €60k | €46k | €90k | €106k | ▲ 17.1% |
| + Depreciation and write-downs630 | €3k | €3k | €4k | €6k | €11k | ▲ 72.4% |
| Operating cash flow (approximation) | €143k | €63k | €49k | €97k | €117k | ▲ 20.7% |
| Investment in fixed assets (approximation) | - | €-2k | €-2k | €-26k | €-15k | ▲ 42.4% |
| Change in cash | - | €-110k | €-46k | €97k | €-25k | ▼ 126% |
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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €46k ▼23.8%
Net result drops to €46k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €140k ▲90%
Operating result €187k, net result €140k, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · full 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, Braine-le-Château · 2 establishment units since 2015
Ground area
6,285 m²
Building footprint
258 m²
Volume, LiDAR
2,616 m³
2 parcels, Brussels, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
RISK RETURN
since 20152.246.097.950
RISK RETURN
since 20192.286.004.740
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111B0013/00H000 | Wallonia | 6,118 m² | 1 · 136 m² | 7.7 m · 2 fl. |
| 21822R0337/00K000 | Brussels | 167 m² | 1 · 122 m² | 19.2 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 30,771 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
Founded06-10-2015
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.