Equity
Equity fell by 89% in 1 year.
Equity fell by 89% in 1 year.
Of this, €389,193 falls due within a year.
Green is investment, beige is depreciation. Machinery stands 581498.3% higher than in 2024.
Short-term debts rose from €105,944 to €389,193.
The 2019 accounts came 24 days late. The other six were filed on time.
Lower solvency than 90% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 10% of them on solvency, 27% on liquidity, 46% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
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).
In July 2024, 875 companies had the same profile as Sidharta Consulting has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Sidharta Consulting itself: 0.3% within 12 months.
The method was tested on the 497,447 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 875 companies, not a prediction for Sidharta Consulting. 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.
Liquidity is tight, with a current ratio of 1.36 (4.18 in 2024), below the usual 1.5. Short-term debt is 35.1% and cash 10.1% of total assets. 98.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 4 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.
| Company | ||||
|---|---|---|---|---|
| Sidharta Consulting Aalst | €1.1m | €176,486 | 1.7% | - |
| Advales Aalst | €1.2m | €167,466 | 6.7% | - |
| TIMELESS INVEST Sint-Niklaas | €1.0m | €188,851 | 20.8% | - |
| PV Asset Development Deinze | €1.2m | €190,676 | 26.7% | - |
| Scheldesteen Oudenaarde | €1.2m | €166,558 | 33.9% | - |
| D&P Retail Solutions Oosterzele | €1.2m | €212,344 | 24.2% | - |
| B-Leaf Evergem | €1.3m | €159,320 | 28.7% | - |
These companies have the same main activity as Sidharta Consulting: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1m and €1.3m, founded between 2018 and 2019.
Sidharta Consulting files the micro format. That format states no turnover. The gross margin rose from €49,892 in 2019 to €176,486 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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