SUBACCOUNT
ActiveSummary
SUBACCOUNT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,902 and a net result of -€19,314. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 3392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Certified accountants and tax accountants
NACE 69201Legal and accounting activities NACE 69202
1 site
How big
€183,644total assets 2025
- Equity
- €72,902
- Loss
- -€19,314
Turnover not published (abridged schema)
Who decides
Accounts 3 d early0 of 2 deeds read
Why 44- Limited track record- Higher-failure-rate region- Annual accounts: weaker financial profile- Persistent losses+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-62
Solvency65▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.87 in 2024; short-term debt: 60.3% and cash: 0.2% of total assets), but 60.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
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 2025Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-10.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€19,314
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
31 d late
2023
29 d late
2022
23 d late
2021
22 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days after 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. Usually files around 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€19,314
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €183,644Loss -€19,314Solvency 39.7%Liquidity 1.56
Total assets
€183,644▲ 0.2%
2021 - 2025
Net result
-€19,314▼ 1,191%
2021 - 2025
Equity
€72,902▼ 20.9%
2021 - 2025
Solvency
39.7%▼ 10.6pp
2021 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26,967-€39,264▲ 45.6%€41,097▲ 4.7%€11,088▼ 73.0%-€5,027
Net result€26,786within the sector's middle half-€32,326within the sector's middle half▲ 20.7%€30,537within the sector's middle half▼ 5.5%-€1,496below the sector's middle half-€19,314below the sector's middle half▼ 1,191%
Equity€31,786below the sector's middle half-€64,111within the sector's middle half▲ 102%€93,712within the sector's middle half▲ 46.2%€92,217within the sector's middle half▼ 1.6%€72,902below the sector's middle half▼ 20.9%
Total assets€53,487below the sector's middle half-€102,855within the sector's middle half▲ 92.3%€139,932within the sector's middle half▲ 36.0%€183,218within the sector's middle half▲ 30.9%€183,644below the sector's middle half▲ 0.2%
Debt€21,701-€38,744▲ 78.5%€46,220▲ 19.3%€91,002▲ 96.9%€110,742▲ 21.7%
Working capital€15,130within the sector's middle half-€53,329within the sector's middle half▲ 252%€81,164within the sector's middle half▲ 52.2%€78,269within the sector's middle half▼ 3.6%€62,023within the sector's middle half▼ 20.8%
Solvency59.4%within the sector's middle half-62.3%within the sector's middle half▲ 2.9pp67.0%within the sector's middle half▲ 4.6pp50.3%within the sector's middle half▼ 16.6pp39.7%within the sector's middle half▼ 10.6pp
Current ratio2.05within the sector's middle half-2.71within the sector's middle half▲ 0.662.93within the sector's middle half▲ 0.221.87within the sector's middle half▼ 1.061.56within the sector's middle half▼ 0.31
Return on assets (ROA)50.1%above the sector's middle half-31.4%above the sector's middle half▼ 18.7pp21.8%within the sector's middle half▼ 9.6pp-0.8%below the sector's middle half▼ 22.6pp-10.5%below the sector's middle half▼ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting 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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,027 after €11,088 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €183,644
Fixed assets
€10,880 ▼ 28.2%
Current assets
€172,764 ▲ 2.8%
Equity and liabilities €183,644
Equity
€72,902 ▼ 20.9%
Debt
€110,742 ▲ 21.7%
Debt's share of the balance-sheet total rises from 49.7% to 60.3%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
-€435▼
2024 · €17,442
Cash flow
-€14,722▼
2024 · €4,859
Debt to equity
1.52▲
2024 · 0.99
ROE
-26.5%▼
2024 · -1.6%
Interest coverage
-0.34▼
2024 · 60.55
Debt ≤ 1 year
€110,742▲
2024 · €89,791
Income taxes
€13,330▲
2024 · €12,789
Staff costs
€62,150▲
2024 · €16,397
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
9.5%
stopped otherwise
87%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 3,592 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,345 | - | €6,016 | €8,974 | ▲ 49.2% |
| Remuneration, social security and pensions62 | €1,638 | €7,922 | €18,405 | €16,397 | €62,150 | ▲ 279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,113 | €6,903 | €5,156 | €6,354 | €4,592 | ▼ 27.7% |
| Other operating charges640/8 | €1,959 | €413 | €1,268 | €5,468 | €1,398 | ▼ 74.4% |
| Gross operating margin9900 | €40,676 | €54,502 | €65,926 | €39,307 | €63,113 | ▲ 60.6% |
| Operating profit (loss)9901 | €26,967 | €39,264 | €41,097 | €11,088 | -€5,027 | ▼ 145% |
| Financial income75/76B | €318 | - | €1 | €545 | €409 | ▼ 25.0% |
| Recurring financial income75 | €318 | - | €1 | €0 | €409 | ▲ 116,763% |
| Non-recurring financial income76B | €318 | - | €0 | €545 | €409 | ▼ 24.9% |
| Financial charges65/66B | €498 | €321 | €258 | €340 | €1,366 | ▲ 302% |
| Recurring financial charges65 | €356 | €321 | €257 | €288 | €1,287 | ▲ 347% |
| Non-recurring financial charges66B | €142 | - | €0 | €52 | €78 | ▲ 50.6% |
| Profit (loss) for the period before taxes9903 | €26,786 | €38,943 | €40,840 | €11,293 | -€5,984 | ▼ 153% |
| Income taxes67/77 | - | €6,618 | €10,303 | €12,789 | €13,330 | ▲ 4.2% |
| Profit (loss) for the period9904 | €26,786 | €32,326 | €30,537 | -€1,496 | -€19,314 | ▼ 1,191% |
| Profit (loss) for the period to be appropriated9905 | €26,786 | €32,326 | €30,537 | -€1,496 | -€19,314 | ▼ 1,191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,487 | €102,855 | €139,932 | €183,218 | €183,644 | ▲ 0.2% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €23,907 | €18,276 | €16,650 | €15,158 | €10,880 | ▼ 28.2% |
| Tangible fixed assets22/27 | €22,080 | €16,259 | €14,482 | €8,895 | €6,444 | ▼ 27.6% |
| Furniture and vehicles24 | €22,080 | €16,259 | €14,482 | €8,895 | €6,444 | ▼ 27.6% |
| Financial fixed assets28 | €1,827 | €2,017 | €2,168 | €6,263 | €4,436 | ▼ 29.2% |
| Current assets29/58 | €29,580 | €84,580 | €123,282 | €168,060 | €172,764 | ▲ 2.8% |
| Amounts receivable within one year40/41 | €15,953 | €69,511 | €108,232 | €140,552 | €172,349 | ▲ 22.6% |
| Trade receivables40 | €15,953 | €25,483 | €41,740 | €49,566 | €43,717 | ▼ 11.8% |
| Other amounts receivable41 | - | €44,028 | €66,491 | €90,986 | €128,632 | ▲ 41.4% |
| Cash at bank and in hand54/58 | €13,245 | €15,069 | €15,050 | €27,508 | €416 | ▼ 98.5% |
| Deferred charges and accrued income490/1 | €383 | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,487 | €102,855 | €139,932 | €183,218 | €183,644 | ▲ 0.2% |
| Equity10/15 | €31,786 | €64,111 | €93,712 | €92,217 | €72,902 | ▼ 20.9% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | - | - | - | €5,000 | €5,000 | = |
| Other1109/19 | - | - | - | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €26,786 | €59,111 | €88,712 | €87,217 | €67,902 | ▼ 22.1% |
| Amounts payable17/49 | €21,701 | €38,744 | €46,220 | €91,002 | €110,742 | ▲ 21.7% |
| Amounts payable after more than one year17 | €7,251 | €7,251 | €3,258 | €1,210 | - | - |
| Financial debts170/4 | €7,251 | €7,251 | €3,258 | €1,210 | - | - |
| Amounts payable within one year42/48 | €14,450 | €31,251 | €42,118 | €89,791 | €110,742 | ▲ 23.3% |
| Financial debts43 | €1,947 | - | €2,013 | €2,048 | €17,845 | ▲ 772% |
| Credit institutions430/8 | €1,947 | - | €2,013 | €2,048 | €17,845 | ▲ 772% |
| Trade debts44 | €8,328 | €20,551 | €17,340 | €56,202 | €17,979 | ▼ 68.0% |
| Suppliers440/4 | €8,328 | €20,551 | €17,340 | €56,202 | €17,979 | ▼ 68.0% |
| Advances received on contracts in progress46 | - | - | - | €1,272 | - | - |
| Taxes, remuneration and social security45 | €4,175 | €10,365 | €22,461 | €30,256 | €65,918 | ▲ 118% |
| Taxes450/3 | €4,175 | €9,439 | €16,443 | €26,427 | €49,080 | ▲ 85.7% |
| Remuneration and social security454/9 | - | €926 | €6,019 | €3,828 | €16,838 | ▲ 340% |
| Other amounts payable47/48 | - | €334 | €304 | €14 | €9,000 | ▲ 63,014% |
| Accrued charges and deferred income492/3 | - | €242 | €844 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,786 | €32,326 | €30,537 | -€1,496 | -€19,314 | ▼ 1,191% |
| + Depreciation and write-downs630 | €10,113 | €6,903 | €5,156 | €6,354 | €4,592 | ▼ 27.7% |
| Operating cash flow (approximation) | €36,899 | €39,228 | €35,693 | €4,859 | -€14,722 | ▼ 403% |
| Investment in fixed assets (approximation) | - | -€1,272 | -€3,530 | -€4,863 | -€313 | ▲ 93.6% |
| Change in cash | - | €1,824 | -€18 | €12,458 | -€27,092 | ▼ 317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
BCF LEPAGE
BE 0893.818.871
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Compta_Fisc LESENFANTS
BE 0543.740.824
Manhay · Eq €72,863
FENNE CONSULTING
BE 0746.830.615
Haacht · Eq €72,942
KC TAX & LEGAL CONSULTING
BE 0726.881.178
Hasselt · Eq €72,812
N & G Consulting
BE 0457.903.247
Wetteren · Eq €72,733
Of 12,179 companies in this sector we hold annual accounts for 7,644. 6,309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
7 eventsLatest 28-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€19,314
Net result drops to -€19,314, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Highest result since 2021net €32,326 ▲20.7%
Net result €32,326, the highest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
Financial milestoneNBB 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.
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Company details
Private limited company · founded 16-09-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded16-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
INFO@SUBACCOUNT.BEBrussel
Phone
028918032Brussel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754463723
Also
9925:BE0754463723
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2020
Ground area
2,202 m²
Building footprint
1,990 m²
Volume, LiDAR
66,896 m³
Parcel 21803C0336/00E000, Brussels · tallest building 44.3 m, ±12 floors. Linked by address, not a title deed.
57
companies at this address
See who is registered here
1 establishment unit
SUBACCOUNT
since 2020unit no. 2.307.463.912
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0336/00E000 | Brussels | 2,202 m² | 1 · 1,990 m² | 44.3 m · 12 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.
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