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THRIVE CONSULT

Active
Private limited companyfounded 20232 yrs activeBrits Tweede Legerlaan 26, 1190 Vorst, BelgiumKBO/BCE: BE 1000.676.744
Summary

THRIVE CONSULT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,118 and a net result of €106,627. Equity is growing by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Track record82
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.52 against 3.37 in 2024; short-term debt: 20.6% and cash: 2.9% of total assets), and 20.6% of the assets are financed with debt.
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Signals

Five 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.4%
Return on assets
30.1%
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 07-01-2026, 205 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
205 d early
2024
35 d early
2023
26 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 89 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

THRIVE CONSULT was incorporated on 3 October 2023 as a Private limited company.1 Total assets rose from EUR 86,358 in 2023 to EUR 353,858 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€106,627▼ 7.7%
2024 · €115,532
Working capital
€255,892▲ 78.1%
2024 · €143,698
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
Line202320242025
Operating result€70,180-€150,279▲ 114%€131,532▼ 12.5%
Net result€55,960-€115,532▲ 106%€106,627▼ 7.7%
Equity€58,960-€174,492▲ 196%€281,118▲ 61.1%
Total assets€86,358-€235,140▲ 172%€353,858▲ 50.5%
Debt€27,398-€60,648▲ 121%€72,740▲ 19.9%
Working capital€58,960-€143,698▲ 144%€255,892▲ 78.1%
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2023: €70,180€70,180Net result 2023: €55,960€55,960Operating result 2024: €150,279€150,279Net result 2024: €115,532€115,532Operating result 2025: €131,532€131,532Net result 2025: €106,627€106,627202320242025€0€50,000€100,000€150,000Operating result 2023: €70,180€70,200Net result 2023: €55,960€56,000Operating result 2024: €150,279€150,000Net result 2024: €115,532€116,000Operating result 2025: €131,532€132,000Net result 2025: €106,627€107,000202320242025
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353,858
Fixed assets €25,226 ▼ 18.1%
Current assets €328,631 ▲ 60.8%
Equity and liabilities €353,858
Equity €281,118 ▲ 61.1%
Debt €72,740 ▲ 19.9%
Debt's share of the balance-sheet total falls from 25.8% to 20.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€139,139▼
2024 · €156,811
Cash flow
€114,233▼
2024 · €122,064
Current ratio
4.52▲
2024 · 3.37
Debt to equity
0.26▼
2024 · 0.35
ROE
37.9%▼
2024 · 66.2%
ROA
30.1%▼
2024 · 49.1%
Interest coverage
1332.75▼
2024 · 8408.08
Debt ≤ 1 year
€72,740▲
2024 · €60,648
Income taxes
€26,286▼
2024 · €35,445
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 0.6% 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 · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€235,140€353,858▲
Fixed assets21/28€30,794€25,226▼
Tangible fixed assets22/27€30,794€25,226▼
Plant, machinery and equipment23-€1,898
Furniture and vehicles24€30,794€23,329▼
Current assets29/58€204,346€328,631▲
Amounts receivable within one year40/41€97,327€66,387▼
Trade receivables40€97,327€66,387▼
Other amounts receivable41-€0
Current investments50/53€99,810€251,664▲
Cash at bank and in hand54/58€6,935€10,190▲
Deferred charges and accrued income490/1€274€391▲
Equity and liabilities
Total equity and liabilities10/49€235,140€353,858▲
Equity10/15€174,492€281,118▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€171,492€278,118▲
Amounts payable17/49€60,648€72,740▲
Amounts payable within one year42/48€60,648€72,740▲
Trade debts44€2€47▲
Suppliers440/4€2€47▲
Taxes, remuneration and social security45€60,496€72,692▲
Taxes450/3€60,496€72,692▲
Other amounts payable47/48€150€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,532€7,607▲
Other operating charges640/8€146€114▼
Gross operating margin9900€156,957€139,253▼
Operating profit (loss)9901€150,279€131,532▼
Financial income75/76B€717€1,485▲
Recurring financial income75€717€1,485▲
Financial charges65/66B€19€104▲
Recurring financial charges65€19€104▲
Profit (loss) for the period before taxes9903€150,977€132,913▼
Income taxes67/77€35,445€26,286▼
Profit (loss) for the period9904€115,532€106,627▼
Profit (loss) for the period to be appropriated9905€115,532€106,627▼
Appropriation of the result
Profit (loss) to be appropriated9906€171,492€278,118▲
Profit (loss) brought forward from the previous period14P€55,960€171,492▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,532€7,607▲ 16.5%
Other operating charges640/8-€146€114▼ 21.7%
Gross operating margin9900€70,180€156,957€139,253▼ 11.3%
Operating profit (loss)9901€70,180€150,279€131,532▼ 12.5%
Financial income75/76B€0€717€1,485▲ 107%
Recurring financial income75€0€717€1,485▲ 107%
Financial charges65/66B-€19€104▲ 460%
Recurring financial charges65-€19€104▲ 460%
Profit (loss) for the period before taxes9903€70,180€150,977€132,913▼ 12.0%
Income taxes67/77€14,220€35,445€26,286▼ 25.8%
Profit (loss) for the period9904€55,960€115,532€106,627▼ 7.7%
Profit (loss) for the period to be appropriated9905€55,960€115,532€106,627▼ 7.7%
Line202320242025Change
Assets
Total assets20/58€86,358€235,140€353,858▲ 50.5%
Fixed assets21/28-€30,794€25,226▼ 18.1%
Tangible fixed assets22/27-€30,794€25,226▼ 18.1%
Plant, machinery and equipment23--€1,898-
Furniture and vehicles24-€30,794€23,329▼ 24.2%
Current assets29/58€86,358€204,346€328,631▲ 60.8%
Amounts receivable within one year40/41€70,194€97,327€66,387▼ 31.8%
Trade receivables40€70,194€97,327€66,387▼ 31.8%
Other amounts receivable41--€0-
Current investments50/53€15,000€99,810€251,664▲ 152%
Cash at bank and in hand54/58€1,163€6,935€10,190▲ 46.9%
Deferred charges and accrued income490/1-€274€391▲ 42.7%
Equity and liabilities
Total equity and liabilities10/49€86,358€235,140€353,858▲ 50.5%
Equity10/15€58,960€174,492€281,118▲ 61.1%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14€55,960€171,492€278,118▲ 62.2%
Amounts payable17/49€27,398€60,648€72,740▲ 19.9%
Amounts payable within one year42/48€27,398€60,648€72,740▲ 19.9%
Trade debts44€2,614€2€47▲ 2,410%
Suppliers440/4€2,614€2€47▲ 2,410%
Taxes, remuneration and social security45€21,487€60,496€72,692▲ 20.2%
Taxes450/3€21,487€60,496€72,692▲ 20.2%
Other amounts payable47/48€3,297€150€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904€55,960€115,532€106,627▼ 7.7%
+ Depreciation and write-downs630-€6,532€7,607▲ 16.5%
Operating cash flow (approximation)€55,960€122,064€114,233▼ 6.4%
Investment in fixed assets (approximation)---€2,039-
Change in cash-€5,772€3,254▼ 43.6%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €200,000Eq €281,118 ▲61.1%
3 profitable years in a row build equity to €281,118.
26-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2023net €115,532 ▲106%
Operating result €150,279, net result €115,532, both a record.
31-12
Financial Equity above €150,000Eq €174,492 ▲196%
2 profitable years in a row build equity to €174,492.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
13-05
State Gazette act Director resignation · Permanent representative
Director appointment · Mandate compensation
2023
06-11
State Gazette act General meeting · Director resignation
Director appointment
06-11
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB 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, Vorst · 1 establishment unit since 2023
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.

Brits Tweede Legerlaan 261190 Vorst
1 establishment unit
Thrive Consult
Brits Tweede Legerlaan 26, 1190 VorstHoldings
since 20232.350.503.505

Structure & network

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

3 board mandates
Board mandates of this companythis company sits on their board3
4 locations
2 locations

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 38,470 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
Founded03-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail david.thriveconsult@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000676744
Also 9925:BE1000676744
Registered 23-11-2025

Register as of 27 September 2026 · Peppol Directory

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