SPUTNIK
ActiveSummary
SPUTNIK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,592 and a net result of -€22,589. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 82% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-53
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 7.09 against 18.37 in 2024; short-term debt: 14.1% and cash: 1.1% of total assets), and 14.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
174 d early
2023
12 d late
2022
34 d early
2021
48 d early
2020
39 d early
2019
43 d 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 61 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€173,592▼ 11.5%
2024 · €196,181
Total assets
€202,073▼ 2.6%
2024 · €207,475
Net result
-€22,589
2024 · €21,552
Working capital
€173,592▼ 11.5%
2024 · €196,181
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€904▲ 0.3%-€17,042▼ 1,785%-€7,399▲ 56.6%€27,407-€1,082
Net result€586below the sector's middle half▼ 7.6%-€17,078below the sector's middle half-€7,441below the sector's middle half▲ 56.4%€21,552within the sector's middle half-€22,589below the sector's middle half
Equity€199,147within the sector's middle half▲ 0.3%€182,069within the sector's middle half▼ 8.6%€174,629within the sector's middle half▼ 4.1%€196,181within the sector's middle half▲ 12.3%€173,592within the sector's middle half▼ 11.5%
Total assets€243,892within the sector's middle half▼ 9.0%€299,391below the sector's middle half▲ 22.8%€252,929below the sector's middle half▼ 15.5%€207,475below the sector's middle half▼ 18.0%€202,073below the sector's middle half▼ 2.6%
Debt€44,745▼ 35.4%€117,321▲ 162%€78,301▼ 33.3%€11,294▼ 85.6%€28,481▲ 152%
Working capital€199,147▲ 0.3%€182,069▼ 8.6%€174,629▼ 4.1%€196,181▲ 12.3%€173,592▼ 11.5%
Solvency81.7%above the sector's middle half▲ 7.5pp60.8%within the sector's middle half▼ 20.8pp69.0%within the sector's middle half▲ 8.2pp94.6%above the sector's middle half▲ 25.5pp85.9%above the sector's middle half▼ 8.7pp
Staff (FTE)2.7▲ 35.0%4.7within the sector's middle half▲ 74.1%5above the sector's middle half▲ 6.4%0within the sector's middle half▼ 100%0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,082 after €27,407 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €202,073
Equity
€173,592 ▼ 11.5%
Debt
€28,481 ▲ 152%
Debt's share of the balance-sheet total rises from 5.4% to 14.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
7.09▼
2024 · 18.37
Debt to equity
0.16▲
2024 · 0.06
ROE
-13.0%▼
2024 · 11.0%
ROA
-11.2%▼
2024 · 10.4%
Debt ≤ 1 year
€28,481▲
2024 · €11,294
Income taxes
€21,466▲
2024 · €5,813
Staff costs
€532▼
2024 · €105,125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.9%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 4,815 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €117,227 | €208,422 | €290,048 | €105,125 | €532 | ▼ 99.5% |
| Other operating charges640/8 | €717 | €545 | €743 | €492 | €550 | ▲ 11.7% |
| Gross operating margin9900 | €117,040 | €191,925 | €283,393 | €133,024 | €0 | ▼ 100% |
| Operating profit (loss)9901 | -€904 | -€17,042 | -€7,399 | €27,407 | -€1,082 | ▼ 104% |
| Financial income75/76B | €3,340 | €0 | - | - | - | - |
| Recurring financial income75 | €3,340 | €0 | - | - | - | - |
| Financial charges65/66B | €56 | €36 | €42 | €42 | €42 | = |
| Recurring financial charges65 | €56 | €36 | €42 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | €2,380 | -€17,078 | -€7,441 | €27,365 | -€1,124 | ▼ 104% |
| Income taxes67/77 | €1,794 | €0 | - | €5,813 | €21,466 | ▲ 269% |
| Profit (loss) for the period9904 | €586 | -€17,078 | -€7,441 | €21,552 | -€22,589 | ▼ 205% |
| Profit (loss) for the period to be appropriated9905 | €586 | -€17,078 | -€7,441 | €21,552 | -€22,589 | ▼ 205% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €243,892 | €299,391 | €252,929 | €207,475 | €202,073 | ▼ 2.6% |
| Current assets29/58 | €243,892 | €299,391 | €252,929 | €207,475 | €202,073 | ▼ 2.6% |
| Amounts receivable after more than one year29 | €199,827 | €199,827 | €199,827 | €199,827 | €199,827 | = |
| Other amounts receivable291 | €199,827 | €199,827 | €199,827 | €199,827 | €199,827 | = |
| Amounts receivable within one year40/41 | €31,954 | €0 | €34,339 | €0 | - | - |
| Trade receivables40 | €31,954 | €0 | €34,339 | €0 | - | - |
| Cash at bank and in hand54/58 | €11,703 | €99,015 | €17,813 | €7,648 | €2,246 | ▼ 70.6% |
| Deferred charges and accrued income490/1 | €409 | €549 | €950 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €243,892 | €299,391 | €252,929 | €207,475 | €202,073 | ▼ 2.6% |
| Equity10/15 | €199,147 | €182,069 | €174,629 | €196,181 | €173,592 | ▼ 11.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €180,547 | €180,547 | €180,547 | €180,547 | €180,547 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €178,687 | €178,687 | €180,547 | €180,547 | €180,547 | = |
| Profit (loss) carried forward14 | - | -€17,078 | -€24,518 | -€2,966 | -€25,555 | ▼ 762% |
| Amounts payable17/49 | €44,745 | €117,321 | €78,301 | €11,294 | €28,481 | ▲ 152% |
| Amounts payable within one year42/48 | €44,745 | €117,321 | €78,301 | €11,294 | €28,481 | ▲ 152% |
| Trade debts44 | €14,000 | €69,739 | €103 | €5,000 | €5,000 | = |
| Suppliers440/4 | €14,000 | €69,739 | €103 | €5,000 | €5,000 | = |
| Taxes, remuneration and social security45 | €25,519 | €47,328 | €77,746 | €5,813 | €0 | ▼ 100% |
| Taxes450/3 | €7,921 | €13,349 | €10,409 | €5,813 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €17,599 | €33,979 | €67,338 | €0 | - | - |
| Other amounts payable47/48 | €5,226 | €254 | €451 | €481 | €23,481 | ▲ 4,782% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €586 | -€17,078 | -€7,441 | €21,552 | -€22,589 | ▼ 205% |
| Operating cash flow (approximation) | €586 | -€17,078 | -€7,441 | €21,552 | -€22,589 | ▼ 205% |
| Change in cash | - | €87,312 | -€81,201 | -€10,165 | -€5,402 | ▲ 46.9% |
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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€22,589
Net result drops to -€22,589, the lowest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €21,552
Net result €21,552 after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 18.37
Current ratio from 3.23 to 18.37; short-term debt falls from €78,301 to €11,294.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €91,718 ▲12%
Operating result €141,651, net result €91,718, both a record.
31-12
Financial
Equity above €150,000Eq €197,928 ▲86.4%
2 profitable years in a row build equity to €197,928.
Show earlier events
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Mechelen · 1 establishment unit since 2010
Ground area
3,830 m²
Building footprint
173 m²
Volume, LiDAR
3,835 m³
Parcel 12404F0036/00S000, Flanders · tallest building 28.4 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Winketkaai 24, 2800 Mechelen
since 20102.193.324.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0036/00S000 | Flanders | 3,830 m² | 1 · 173 m² | 28.4 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,534 EUR awarded · 1,534 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,534 EUR | 1,534 EUR |
Schemes
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,655 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
Founded04-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830896555
Also
9925:BE0830896555
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.