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SUMMIT CONSULT

Active
Private limited companyfounded 20224 yrs activeKerselarenstraat 80, 3071 Kortenberg, BelgiumKBO/BCE: BE 0788.845.867
Summary

SUMMIT CONSULT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161,170 and a net result of €69,361. Equity is growing by ~74.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 9.32 against 2.54 in 2023; short-term debt: 10% and cash: 82.3% of total assets), and 10% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
90%
Return on assets
38.7%
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 10-06-2025, 51 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
51 d early
2023
51 d early
2022
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 41 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SUMMIT CONSULT was incorporated on 25 July 2022 as a Private limited company.1 Total assets rose from EUR 59,065 in 2022 to EUR 179,089 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€161,170▲ 74.0%
2023 · €92,642
Total assets
€179,089▲ 23.4%
2023 · €145,184
Net result
€69,361▼ 2.3%
2023 · €70,979
Working capital
€149,069▲ 84.3%
2023 · €80,881
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€27,570-€89,963▲ 226%€88,020▼ 2.2%
Net result€22,096-€70,979▲ 221%€69,361▼ 2.3%
Equity€22,496-€92,642▲ 312%€161,170▲ 74.0%
Total assets€59,065-€145,184▲ 146%€179,089▲ 23.4%
Debt€36,569-€52,542▲ 43.7%€17,919▼ 65.9%
Working capital€10,269-€80,881▲ 688%€149,069▲ 84.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2022: €27,570€27,570Net result 2022: €22,096€22,096Operating result 2023: €89,963€89,963Net result 2023: €70,979€70,979Operating result 2024: €88,020€88,020Net result 2024: €69,361€69,361202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €27,570€27,600Net result 2022: €22,096€22,100Operating result 2023: €89,963€90,000Net result 2023: €70,979€71,000Operating result 2024: €88,020€88,000Net result 2024: €69,361€69,400202220232024
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179,089
Fixed assets €12,101 ▲ 2.9%
Current assets €166,988 ▲ 25.2%
Equity and liabilities €179,089
Equity €161,170 ▲ 74.0%
Debt €17,919 ▼ 65.9%
Debt's share of the balance-sheet total falls from 36.2% to 10.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€89,724▼
2023 · €92,398
Cash flow
€71,064▼
2023 · €73,413
Current ratio
9.32▲
2023 · 2.54
Debt to equity
0.11▼
2023 · 0.57
ROE
43.0%▼
2023 · 76.6%
ROA
38.7%▼
2023 · 48.9%
Interest coverage
179.19▲
2023 · 150.66
Debt ≤ 1 year
€17,919▼
2023 · €52,542
Income taxes
€18,159▼
2023 · €18,372
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,275 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€145,184€179,089▲
Formation expenses20€0-
Fixed assets21/28€11,761€12,101▲
Tangible fixed assets22/27€11,761€12,101▲
Furniture and vehicles24€11,761€10,952▼
Other tangible fixed assets26-€1,149
Current assets29/58€133,423€166,988▲
Amounts receivable within one year40/41€15,133€16,044▲
Trade receivables40€15,125€15,881▲
Other amounts receivable41€8€163▲
Cash at bank and in hand54/58€111,735€147,358▲
Deferred charges and accrued income490/1€6,555€3,586▼
Equity and liabilities
Total equity and liabilities10/49€145,184€179,089▲
Equity10/15€92,642€161,170▲
Contributions10/11€2,000€2,000=
Reserves13€90,642€159,170▲
Distributable reserves133€90,642€159,170▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€52,542€17,919▼
Amounts payable within one year42/48€52,542€17,919▼
Trade debts44€292€923▲
Suppliers440/4€292€923▲
Taxes, remuneration and social security45€37,772€11,238▼
Taxes450/3€25,825€11,238▼
Remuneration and social security454/9€11,947€0▼
Other amounts payable47/48€14,478€5,758▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,434€1,704▼
Other operating charges640/8€533€323▼
Gross operating margin9900€92,930€90,047▼
Operating profit (loss)9901€89,963€88,020▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€613€501▼
Recurring financial charges65€613€501▼
Profit (loss) for the period before taxes9903€89,350€87,519▼
Income taxes67/77€18,372€18,159▼
Profit (loss) for the period9904€70,979€69,361▼
Profit (loss) for the period to be appropriated9905€70,979€69,361▼
Appropriation of the result
Profit (loss) to be appropriated9906€70,979€69,361▼
Transfer to equity691/2€70,146€68,528▼
To other reserves6921€70,146€68,528▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€610€2,434€1,704▼ 30.0%
Other operating charges640/8€121€533€323▼ 39.3%
Gross operating margin9900€28,300€92,930€90,047▼ 3.1%
Operating profit (loss)9901€27,570€89,963€88,020▼ 2.2%
Financial income75/76B--€0-
Recurring financial income75--€0-
Financial charges65/66B€530€613€501▼ 18.4%
Recurring financial charges65€530€613€501▼ 18.4%
Profit (loss) for the period before taxes9903€27,039€89,350€87,519▼ 2.0%
Income taxes67/77€4,943€18,372€18,159▼ 1.2%
Profit (loss) for the period9904€22,096€70,979€69,361▼ 2.3%
Profit (loss) for the period to be appropriated9905€22,096€70,979€69,361▼ 2.3%
Line202220232024Change
Assets
Total assets20/58€59,065€145,184€179,089▲ 23.4%
Formation expenses20€762€0--
Fixed assets21/28€11,465€11,761€12,101▲ 2.9%
Tangible fixed assets22/27€11,465€11,761€12,101▲ 2.9%
Furniture and vehicles24€11,465€11,761€10,952▼ 6.9%
Other tangible fixed assets26--€1,149-
Current assets29/58€46,837€133,423€166,988▲ 25.2%
Amounts receivable within one year40/41€15,835€15,133€16,044▲ 6.0%
Trade receivables40€15,125€15,125€15,881▲ 5.0%
Other amounts receivable41€710€8€163▲ 1,957%
Cash at bank and in hand54/58€21,302€111,735€147,358▲ 31.9%
Deferred charges and accrued income490/1€9,701€6,555€3,586▼ 45.3%
Equity and liabilities
Total equity and liabilities10/49€59,065€145,184€179,089▲ 23.4%
Equity10/15€22,496€92,642€161,170▲ 74.0%
Contributions10/11€2,000€2,000€2,000=
Reserves13€20,496€90,642€159,170▲ 75.6%
Distributable reserves133€20,496€90,642€159,170▲ 75.6%
Profit (loss) carried forward14-€0€0-
Amounts payable17/49€36,569€52,542€17,919▼ 65.9%
Amounts payable within one year42/48€36,569€52,542€17,919▼ 65.9%
Trade debts44€10,146€292€923▲ 216%
Suppliers440/4€10,146€292€923▲ 216%
Taxes, remuneration and social security45€11,249€37,772€11,238▼ 70.2%
Taxes450/3€11,249€25,825€11,238▼ 56.5%
Remuneration and social security454/9-€11,947€0▼ 100%
Other amounts payable47/48€15,173€14,478€5,758▼ 60.2%
Line202220232024Change
Profit (loss) for the period9904€22,096€70,979€69,361▼ 2.3%
+ Depreciation and write-downs630€610€2,434€1,704▼ 30.0%
Operating cash flow (approximation)€22,706€73,413€71,064▼ 3.2%
Investment in fixed assets (approximation)--€2,730-€2,043▲ 25.1%
Change in cash-€90,433€35,623▼ 60.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity quadruplescurrent ratio 9.32
Current ratio from 2.54 to 9.32; short-term debt falls from €52,542 to €17,919.
31-12
Financial Equity above €150,000Eq €161,170 ▲74%
3 profitable years in a row build equity to €161,170.
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €70,979 ▲221%
Operating result €89,963, net result €70,979, both a record.
10-07
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.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kortenberg · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,224 m²
Building footprint
191 m²
Volume, LiDAR
910 m³
Parcel 24025F0250/00C002, Flanders · tallest building 11.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SUMMIT CONSULT
Kerselarenstraat 80, 3071 KortenbergIT consultancy
since 20222.333.693.603
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24025F0250/00C002 Flanders 1,224 m² 1 · 191 m² 11.3 m · 1 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

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,743 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
Founded25-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788845867
Also 9925:BE0788845867
Registered 28-03-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.