SRO
ActiveSummary
SRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €75k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 51% 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=
Solvency82=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.58 in 2024; short-term debt: 43.4% and cash: 30.4% of total assets), and 43.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 →
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
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
56.6%
Return on assets
67%
Age of the figures
9 mo
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 25-03-2026, 128 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
128 d early
2024
132 d early
2023
71 d early
2022
46 d early
2021
83 d early
2020
50 d early
2019
7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▼ 42.7%
2024 · €111k
2019: €40klowest in 7 years
2020: €85k▲ +114% vs 2019
2021: €147k▲ +73.1% vs 2020highest in 7 years
2022: €103k▼ -30.0% vs 2021
2023: €109k▲ +5.9% vs 2022
2024: €111k▲ +2.0% vs 2023
2025: €64k▼ -42.7% vs 2024
2019 → 2025
Total assets
€112k▼ 42.3%
2024 · €195k
2019: €50klowest in 7 years
2020: €95k▲ +90.4% vs 2019
2021: €155k▲ +63.9% vs 2020
2022: €219k▲ +41.3% vs 2021highest in 7 years
2023: €181k▼ -17.3% vs 2022
2024: €195k▲ +7.4% vs 2023
2025: €112k▼ -42.3% vs 2024
2019 → 2025
Net result
€75k▲ 2.9%
2024 · €73k
2019: €34klowest in 7 years
2020: €46k▲ +34.2% vs 2019
2021: €62k▲ +35.0% vs 2020
2022: €111k▲ +79.3% vs 2021highest in 7 years
2023: €67k▼ -40.1% vs 2022
2024: €73k▲ +9.9% vs 2023
2025: €75k▲ +2.9% vs 2024
2019 → 2025
Working capital
€5k▼ 89.2%
2024 · €48k
2019: €38k
2020: €83k▲ +119% vs 2019
2021: €139k▲ +66.9% vs 2020highest in 7 years
2022: €45k▼ -67.7% vs 2021
2023: €47k▲ +5.1% vs 2022
2024: €48k▲ +3.0% vs 2023
2025: €5k▼ -89.2% 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€147k-€103k▼ 30.0%€109k▲ 5.9%€111k▲ 2.0%€64k▼ 42.7%
2021: €147khighest in 5 years
2022: €103k▼ -30.0% vs 2021
2023: €109k▲ +5.9% vs 2022
2024: €111k▲ +2.0% vs 2023
2025: €64k▼ -42.7% vs 2024lowest in 5 years
Operating result€78k-€143k▲ 82.7%€84k▼ 41.1%€92k▲ 10.1%€102k▲ 9.8%
2021: €78klowest in 5 years
2022: €143k▲ +82.7% vs 2021highest in 5 years
2023: €84k▼ -41.1% vs 2022
2024: €92k▲ +10.1% vs 2023
2025: €102k▲ +9.8% vs 2024
Net result€62k-€111k▲ 79.3%€67k▼ 40.1%€73k▲ 9.9%€75k▲ 2.9%
2021: €62klowest in 5 years
2022: €111k▲ +79.3% vs 2021highest in 5 years
2023: €67k▼ -40.1% vs 2022
2024: €73k▲ +9.9% vs 2023
2025: €75k▲ +2.9% 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 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€58k ▼ 6.7%
Current assets
€54k ▼ 59.1%
Equity and liabilities €112k
Equity
€64k ▼ 42.7%
Debt
€49k ▼ 41.6%
Debt's share of the balance-sheet total rises from 43.0% to 43.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€103k▲
2024 · €94k
Cash flow
€77k▲
2024 · €75k
Current ratio
1.11▼
2024 · 1.58
Debt to equity
0.77▲
2024 · 0.75
ROE
118.4%▲
2024 · 65.9%
ROA
67.0%▲
2024 · 37.6%
Interest coverage
616.51▲
2024 · 606.98
Debt ≤ 1 year
€49k▼
2024 · €84k
Income taxes
€26k▲
2024 · €19k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€195k€112k▼
Fixed assets21/28€63k€58k▼
Tangible fixed assets22/27€7k€6k▼
Land and buildings22€4k€3k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€55k€53k▼
Current assets29/58€132k€54k▼
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€17k€17k▲
Other amounts receivable41€3k€825▼
Cash at bank and in hand54/58€111k€34k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€195k€112k▼
Equity10/15€111k€64k▼
Contributions10/11€19k€19k=
Reserves13€45k€45k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€47k€0▼
Amounts payable17/49€84k€49k▼
Amounts payable within one year42/48€84k€49k▼
Financial debts43€105€101▼
Credit institutions430/8€105€101▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€16k▲
Other amounts payable47/48€71k€31k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€96k€105k▲
Operating profit (loss)9901€92k€102k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€156€168▲
Recurring financial charges65€156€168▲
Profit (loss) for the period before taxes9903€92k€101k▲
Income taxes67/77€19k€26k▲
Profit (loss) for the period9904€73k€75k▲
Profit (loss) for the period to be appropriated9905€73k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€123k▲
Profit (loss) brought forward from the previous period14P€12k€47k▲
Transfer from equity791/2€33k€0▼
Profit to be distributed694/7€71k€123k▲
Return on contributions (dividend)694€71k€123k▲
The notes to these accounts (9 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 | €2k | €2k | €2k | €2k | €2k | ▼ 12.0% |
| Other operating charges640/8 | €610 | €1k | €2k | €1k | €1k | ▲ 4.5% |
| Gross operating margin9900 | €81k | €146k | €87k | €96k | €105k | ▲ 9.3% |
| Operating profit (loss)9901 | €78k | €143k | €84k | €92k | €102k | ▲ 9.8% |
| Financial income75/76B | €181 | €0 | €0 | €0 | €0 | - |
| Recurring financial income75 | €181 | €0 | €0 | €0 | €0 | - |
| Financial charges65/66B | €213 | €99 | €105 | €156 | €168 | ▲ 7.7% |
| Recurring financial charges65 | €213 | €99 | €105 | €156 | €168 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | €78k | €143k | €84k | €92k | €101k | ▲ 9.8% |
| Income taxes67/77 | €16k | €32k | €17k | €19k | €26k | ▲ 36.0% |
| Profit (loss) for the period9904 | €62k | €111k | €67k | €73k | €75k | ▲ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €62k | €111k | €67k | €73k | €75k | ▲ 2.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €219k | €181k | €195k | €112k | ▼ 42.3% |
| Fixed assets21/28 | €8k | €58k | €62k | €63k | €58k | ▼ 6.7% |
| Tangible fixed assets22/27 | €8k | €7k | €8k | €7k | €6k | ▼ 22.9% |
| Land and buildings22 | €6k | €5k | €5k | €4k | €3k | ▼ 15.3% |
| Furniture and vehicles24 | €3k | €2k | €3k | €3k | €2k | ▼ 32.0% |
| Financial fixed assets28 | - | €51k | €54k | €55k | €53k | ▼ 4.5% |
| Current assets29/58 | €147k | €161k | €119k | €132k | €54k | ▼ 59.1% |
| Amounts receivable within one year40/41 | €19k | €20k | €29k | €19k | €18k | ▼ 6.8% |
| Trade receivables40 | €15k | €19k | €16k | €17k | €17k | ▲ 2.9% |
| Other amounts receivable41 | €4k | €871 | €13k | €3k | €825 | ▼ 68.4% |
| Cash at bank and in hand54/58 | €127k | €140k | €90k | €111k | €34k | ▼ 69.1% |
| Deferred charges and accrued income490/1 | €428 | €1k | €483 | €2k | €2k | ▼ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €219k | €181k | €195k | €112k | ▼ 42.3% |
| Equity10/15 | €147k | €103k | €109k | €111k | €64k | ▼ 42.7% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €78k | €78k | €78k | €45k | €45k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €76k | €76k | €78k | €45k | €45k | = |
| Profit (loss) carried forward14 | €63k | €6k | €12k | €47k | €0 | ▼ 100% |
| Amounts payable17/49 | €8k | €116k | €72k | €84k | €49k | ▼ 41.6% |
| Amounts payable within one year42/48 | €8k | €116k | €72k | €84k | €49k | ▼ 41.6% |
| Financial debts43 | - | €8 | €8 | €105 | €101 | ▼ 3.4% |
| Credit institutions430/8 | - | €8 | €8 | €105 | €101 | ▼ 3.4% |
| Trade debts44 | €189 | €140 | €963 | €1k | €2k | ▲ 8.4% |
| Suppliers440/4 | €189 | €140 | €963 | €1k | €2k | ▲ 8.4% |
| Taxes, remuneration and social security45 | €8k | €11k | €11k | €11k | €16k | ▲ 48.1% |
| Taxes450/3 | €8k | €11k | €11k | €11k | €16k | ▲ 48.1% |
| Other amounts payable47/48 | €0 | €105k | €61k | €71k | €31k | ▼ 56.7% |
| Accrued charges and deferred income492/3 | €300 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €111k | €67k | €73k | €75k | ▲ 2.9% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €2k | ▼ 12.0% |
| Operating cash flow (approximation) | €64k | €113k | €68k | €75k | €77k | ▲ 2.6% |
| Investment in fixed assets (approximation) | - | €-51k | €-6k | €-3k | €2k | ▲ 193% |
| Change in cash | - | €13k | €-51k | €21k | €-77k | ▼ 460% |
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
23-09
State Gazette act
General meeting · Director resignation
Director discharge · Permanent representative
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €111k ▲79.3%
Operating result €143k, net result €111k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €147k ▲73.1%
3 profitable years in a row build equity to €147k.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Nazareth-De Pinte · 1 establishment unit since 2019
Ground area
1,197 m²
Building footprint
240 m²
Volume, LiDAR
1,226 m³
Parcel 44012C0165/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SRO
since 20192.284.920.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012C0165/00B002 | Flanders | 1,197 m² | 1 · 240 m² | 9.6 m · 2 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.
Similar companies · same sector, comparable size
MOTIS HWE
BE 0804.033.295
Heist-op-den-Berg · Eq €63,599
INFINITY WAY
BE 1011.216.486
Liège · Eq €63,602
SPEAK UP
BE 0827.916.675
Lasne · Eq €63,594
Foqus Consult
BE 0695.887.601
Aalst · Eq €63,610
KC Projects
BE 0639.926.024
Laarne · Eq €63,579
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,255 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
Founded07-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.