SPENCER CONSULTING
ActiveSPENCER CONSULTING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208k and a net result of €-18k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-91
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 6.08 against 5.03 in 2023; short-term debt: 16.1% and cash: 53.4% of total assets), and 16.1% of the assets are financed with debt.
Credit advice 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
83.9%
Return on assets
-7.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
38 d early
2022
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€208k▼ 8.2%
2023 · €226k
2022: €119k
2023: €226k
2022 → 2024
Total assets
€248k▼ 12.2%
2023 · €282k
2022: €171k
2023: €282k
2022 → 2024
Net result
€-18k
2023 · €107k
2022: €115k
2023: €107k
2022 → 2024
Working capital
€202k▼ 10.2%
2023 · €225k
2022: €119k
2023: €225k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€119k-€226k▲ 89.8%€208k▼ 8.2%
Operating result€149k-€139k▼ 6.4%€-21k
Net result€115k-€107k▼ 7.1%€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €21k after €139k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets
€6k▲ 283%
Current assets
€242k▼ 13.8%
Equity and liabilities €248k
Equity
€208k▼ 8.2%
Debt
€40k▼ 28.6%
The debt ratio falls from 19.8% to 16.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-20k▼
2023 · €139k
Cash flow
€-17k▼
2023 · €107k
Solvency
83.9%▲
2023 · 80.2%
Current ratio
6.08▲
2023 · 5.03
Quick ratio
6.08▲
2023 · 5.03
Debt / equity
0.19▼
2023 · 0.25
ROE
-8.9%▼
2023 · 47.3%
ROA
-7.5%▼
2023 · 38.0%
Interest coverage
-182.75▼
2023 · 1027.55
Debt
€40k▼
2023 · €56k
Debt ≤ 1 year
€40k▼
2023 · €56k
Income taxes
€130▼
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€282k€248k▼
Fixed assets21/28€2k€6k▲
Tangible fixed assets22/27€2k€6k▲
Furniture and vehicles24€2k€6k▲
Current assets29/58€281k€242k▼
Amounts receivable within one year40/41-€108k
Trade receivables40-€4k
Other amounts receivable41-€105k
Cash at bank and in hand54/58€281k€132k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€282k€248k▼
Equity10/15€226k€208k▼
Contributions10/11€4k€4k=
Reserves13€222k€222k=
Distributable reserves133€222k€222k=
Profit (loss) carried forward14€421€-18k▼
Amounts payable17/49€56k€40k▼
Amounts payable within one year42/48€56k€40k▼
Financial debts43€2k€601▼
Credit institutions430/8€2k€601▼
Trade debts44€261€4k▲
Suppliers440/4€261€4k▲
Taxes, remuneration and social security45€43k€35k▼
Taxes450/3€43k€32k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€10k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€356€1k▲
Other operating charges640/8-€120
Gross operating margin9900€139k€-20k▼
Operating profit (loss)9901€139k€-21k▼
Financial income75/76B€1€3k▲
Recurring financial income75€1€3k▲
Financial charges65/66B€136€112▼
Recurring financial charges65€136€112▼
Profit (loss) for the period before taxes9903€139k€-18k▼
Income taxes67/77€32k€130▼
Profit (loss) for the period9904€107k€-18k▼
Profit (loss) for the period to be appropriated9905€107k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€-18k▼
Profit (loss) brought forward from the previous period14P€288€421▲
Transfer to equity691/2€107k-
To other reserves6921€107k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-18k ▼117%
Net result drops to €-18k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €226k ▲89.8%
2 profitable years in a row build equity to €226k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Messidorlaan 791180 UkkelGround area
69 m²
Building footprint
52 m²
Volume, LiDAR
454 m³
Parcel 21016B0194/00W028, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SPENCER CONSULTING
since 20222.326.427.808
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0194/00W028 | Brussels | 69 m² | 1 · 52 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Rosbeka
BE 1020.658.843
Gent · Eq €208k
In-Vest
BE 0736.959.082
Wingene · Eq €208k
TREAMERA
BE 0825.895.810
Dilbeek · Eq €208k
METIS
BE 0825.891.355
Kortrijk · Eq €208k
PTOLEMUS
BE 0820.589.316
Elsene · Eq €208k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.