Debts
Of this, €79,714 falls due within a year.
Of this, €79,714 falls due within a year.
Latest accounts filed late: after the legal deadline.
Lower solvency than 81% of companies in legal and accounting. Sector median 56.8% · 15,824 companies.
The dashed line is the sector median: < 0.1% across 20,103 companies (NACE 69, micro).
About 2 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 69, micro). It does better than 21% of them on solvency, 36% on liquidity, 15% on profitability and 74% on growth.
The bankruptcy probability was computed on 07-11-2026 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, 2,372 companies had the same profile as Slice has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Slice itself is lower: 0.2% within 12 months. It rests on far more data about Slice than the profile alone.
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 2,372 companies, not a prediction for Slice. 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 1.2 (1.09 in 2024), below the usual 1.5. Short-term debt is 9.8% and cash 2.7% of total assets. 82.4% 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 5 accounts on average 21 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 2 companies, CITYMESH INTEGRATOR and Citymesh Holding
Board & ownership| Company | ||||
|---|---|---|---|---|
| Slice Flobecq | €0.8m | €99,083 | 17.6% | - |
| Finatieq Group Oostkamp | €0.8m | €117,379 | 67.3% | 0.8 |
| ARSENE RODRIGUES Fleurus | €0.6m | €99,262 | 15.1% | - |
| XPERTEO Mons | €1.3m | €109,334 | 12.1% | - |
| DILESA CONSULTANCY AND SERVICES Etterbeek | €0.6m | €92,833 | 12.4% | - |
| ASDS CONSULT Braine-l'Alleud | €0.7m | €136,794 | 21.8% | - |
| VV FINANCE Wezembeek-Oppem | €1.1m | €82,328 | 0.6% | - |
These companies have the same main activity as Slice: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €554,000 and €1.3m, founded between 2018 and 2022.
Slice files the micro format. That format states no turnover. The gross margin rose from €81,162 in 2021 to €99,083 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €160,000 and €280,000.
Higher than 18% of 15,824 companies in 2025.
Higher than 27% of 15,596 companies in 2025.
Higher than 20% of 15,713 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
815,834 | 834,988 | 284,085 | 261,876 | 228,554 | |
21/28 |
720,153 | 729,112 | 161,296 | 159,199 | 159,049 | |
22/27 |
570,157 | 579,116 | 11,300 | 9,203 | 9,053 | |
22 |
555,814 | 567,905 | - | - | - | |
23 |
7,212 | 4,194 | 5,812 | 2,279 | 2,956 | |
24 |
7,131 | 7,017 | 2,876 | 3,107 | 1,078 | |
26 |
- | - | 2,613 | 3,816 | 5,019 | |
28 |
149,996 | 149,996 | 149,996 | 149,996 | 149,996 | |
29/58 |
95,680 | 105,876 | 122,788 | 102,678 | 69,505 | |
40/41 |
72,651 | 66,288 | 59,046 | 56,309 | 29,882 | |
40 |
68,725 | 62,361 | 59,015 | 56,304 | 29,882 | |
41 |
3,926 | 3,926 | 31 | 6 | - | |
54/58 |
21,722 | 38,018 | 62,312 | 45,758 | 23,674 | |
490/1 |
1,307 | 1,571 | 1,430 | 611 | 15,950 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
815,834 | 834,988 | 284,085 | 261,876 | 228,554 | |
10/15 |
143,948 | 105,546 | 134,505 | 91,104 | 53,564 | |
10/11 |
2,400 | 2,400 | 2,400 | 2,400 | 2,400 | |
13 |
141,548 | 103,146 | 132,105 | 88,704 | 51,164 | |
133 |
141,548 | 103,146 | 132,105 | 88,704 | 51,164 | |
14 |
0 | - | - | - | - | |
17/49 |
671,886 | 729,442 | 149,579 | 170,773 | 174,990 | |
17 |
583,570 | 623,679 | 65,766 | 87,189 | 108,367 | |
170/4 |
583,570 | 623,679 | 65,766 | 87,189 | 108,367 | |
42/48 |
79,714 | 97,107 | 80,253 | 80,109 | 63,184 | |
42 |
40,110 | 39,222 | 21,423 | 21,178 | 20,936 | |
43 |
2,269 | 3,024 | 405 | - | - | |
430/8 |
2,269 | 3,024 | 405 | - | - | |
44 |
9,944 | 5,243 | 2,893 | 5,000 | 11,094 | |
440/4 |
9,944 | 5,243 | 2,893 | 5,000 | 11,094 | |
45 |
21,538 | 30,331 | 54,937 | 53,447 | 29,824 | |
450/3 |
21,538 | 30,331 | 54,937 | 53,447 | 29,824 | |
47/48 |
5,854 | 19,287 | 596 | 484 | 1,330 | |
492/3 |
8,603 | 8,655 | 3,560 | 3,474 | 3,439 | |
| Income statement | ||||||
9900 |
99,083 | 89,500 | 77,517 | 64,804 | 81,162 | |
630 |
16,205 | 84,090 | 4,197 | 2,878 | 1,944 | |
640/8 |
6,182 | 4,060 | 4,277 | 3,718 | 1,643 | |
9901 |
76,695 | 1,351 | 69,043 | 58,208 | 77,575 | |
75/76B |
206 | 215 | 42 | 22 | 4 | |
75 |
206 | 215 | 42 | 22 | 4 | |
65/66B |
19,993 | 11,486 | 4,898 | 2,273 | 4,556 | |
65 |
19,993 | 11,486 | 4,898 | 2,273 | 4,556 | |
9903 |
56,908 | -9,921 | 64,187 | 55,957 | 73,023 | |
67/77 |
18,507 | 1,038 | 20,786 | 18,417 | 21,859 | |
9904 |
38,401 | -10,959 | 43,401 | 37,540 | 51,164 | |
9905 |
38,401 | -10,959 | 43,401 | 37,540 | 51,164 | |
| Appropriation of the result | ||||||
9906 |
38,401 | -10,959 | 43,401 | 37,540 | 51,164 | |
791/2 |
0 | 28,959 | - | - | - | |
691/2 |
38,401 | - | 43,401 | 37,540 | 51,164 | |
6921 |
38,401 | - | 43,401 | 37,540 | 51,164 | |
694/7 |
0 | 18,000 | - | - | - | |
694 |
0 | 18,000 | - | - | - | |
| Document | ||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543538.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00543538 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00427057 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00399574 | |
| 31-12-2022 | micro format | 17-08-2023 | 2023-00342699 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20127440 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 92,900 | 85,440 | 73,240 | 61,086 | 79,519 | ||
| 54,606 | 73,131 | 47,599 | 40,418 | 53,108 | ||
| 7,246 | 661,712 | 6,295 | 3,028 | 160,993 | ||
| -16,296 | -24,294 | 16,554 | 22,084 | - | ||
| 15,967 | 8,768 | 42,535 | 22,568 | 6,321 | ||
| 17.6% | 12.6% | 47.3% | 34.8% | 23.4% | ||
| 1.20 | 1.09 | 1.53 | 1.28 | 1.10 | ||
| 4.67 | 6.91 | 1.11 | 1.87 | 3.27 | ||
| 26.7% | -10.4% | 32.3% | 41.2% | 95.5% | ||
| 4.7% | -1.3% | 15.3% | 14.3% | 22.4% | ||
| 4.65 | 7.44 | 14.95 | 26.88 | 17.45 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €25,000 | €25,000 | - | - | - |
| €475,000 | €475,000 | - | - | - | |
| Carrying value of the mortgaged assets | €555,814 | €567,905 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,246 | €661,712 | €6,295 | €3,028 | €10,997 |
| Financial fixed assets | - | - | - | - | €149,996 |
| €16,205 | €84,090 | €4,197 | €2,878 | €1,944 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 57 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 87.4% to 82.4%. Equity is higher and debt is lower.
Source: list of holdings in its own 2024 accounts. Every holding stands with its own latest accounts.
| Name | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| CITYMESH INTEGRATOR | 0.7% | |||
| CITYMESH OPERATOR | 0.7% | |||
Source: list of holdings in its own accounts
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Planche 53 registered office 7880 Flobecq 55203 Holiday cottages, homes and apartments | 25-11-2020 | 2.310.241.377 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 51019E0331/00G000 | 1,431 m² | 1 · 146 m² | 6.7 m · 2 |
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