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Until The Final Light

Active
Private limited companyfounded 2021active for 5 yearsKauwereelstraat 20, 3051 Oud-Heverlee, BelgiumKBO/BCE: BE 0763.884.304
Summary

The computed 12-month bankruptcy probability of Until The Final Light is 4.9% (elevated). The 2025 annual accounts show negative equity (-€6,865) and a net result of €9,269. Equity has been shrinking by about 14% per year since 2022. Its solvency ranks better than 5% of 39,293 sector peers (NACE 70, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-02-2021 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.314.016.063 3051 Oud-Heverlee, since 22-02-2021
Financial year end
31 March
Peppol
Reachable since 19-07-2025

Board and ownership

Board

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts to 31-03-2025
Gross margin
€10,904
Turnover
≈ €51,000
estimated
Profit
€9,269
Equity
-€6,865
▲ 57.4%
Total assets
€18,398
▲ 74×
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 5 days past the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsFigures for financial year 2025 (filed on 04-12-2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €18,398Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 42% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -37.3% of total assets
Liquidity 0=
short-term debt 137.3%
Profitability 100+100
return on assets 50.4%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,544 companies, NACE 70, micro)
Last 24 months 12-2024: 0.6%lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 1.3%▲ +0.7 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 3.8%▲ +2.5 percentage points vs 08-2025 10-2025: 3.8%● unchanged vs 09-2025 11-2025: 4.8%▲ +1.0 percentage point vs 10-2025 12-2025: 5.7%▲ +0.9 percentage points vs 11-2025highest value 01-2026: 3.5%▼ -2.2 percentage points vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.6%▲ +0.1 percentage points vs 02-2026 04-2026: 3.6%● unchanged vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.8%▲ +0.2 percentage points vs 05-2026 07-2026: 3.9%▲ +0.1 percentage points vs 06-2026 08-2026: 3.9%● unchanged vs 07-2026 09-2026: 3.9%● unchanged vs 08-2026 10-2026: 4.2%▲ +0.3 percentage points vs 09-2026 11-2026: 4.9%▲ +0.7 percentage points vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.17, below 1. Short-term debt is 137.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 3% of them on solvency, 0% on liquidity, 84% on profitability and 82% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €18,398
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 04-12-2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 39293 sector peers (2025).
NBB · sector comparison
Position among 39293 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-11-2025, 30 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2026
not filed
2025
30 days late
2024
on the day
2023
on the day
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€6,865 View
  • Caution: Lower solvency than 95% of companies in head offices and management consultancysector median 55.5% · 39,293 companies -37.3% View

Recent changes

  1. · Gazette deed Company renamed from NW TECH to Until The Final LightRegistered office moved from Oud-Heverlee to Sint-Joris-Weert · New registered office: Kauwereelstraat 20, 3051 Sint-Joris-Weert · Previous registered office: Waversebaan 59A, 3050 Oud-Heverlee
  2. · Gazette deed Registered office moved from Overijse to Oud-HeverleeNew registered office: Waversebaan 59A, 3050 Oud-Heverlee · Previous registered office: Warandelaan 22, 3090 Overijse · Resignation: Esakov Dmitry (director)
  3. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as Until The Final Light: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €16,900 and €20,400, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Until The Final Light Oud-Heverlee€18,398€10,904
Marilien Poelmans Asse€18,430€10,190
Société de Management Floreffoise Floreffe€20,400€10,938
Philippe Muyters Edegem€17,002€9,989
GGL Jabbeke€17,395€11,796
CJDS Incourt€17,734€12,728
SIMON VAN PAEMEL Lievegem€16,922€11,835
Full comparison

Key facts about Until The Final Light

What is the company number of Until The Final Light?
The company number of Until The Final Light is 0763.884.304. The VAT number is the same number with BE in front: BE 0763.884.304.
Where is Until The Final Light based?
The registered office is at Kauwereelstraat 20, 3051 Oud-Heverlee.Company details
What does Until The Final Light do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Until The Final Light?
Until The Final Light is a private limited company (BV).
When was Until The Final Light founded?
Until The Final Light was founded on 22-02-2021.
Is Until The Final Light still active?
Yes, Until The Final Light is an active enterprise in the KBO register.
What is the turnover of Until The Final Light?
The turnover in financial year 2025 is ≈ €51,000. This figure is estimated from the gross margin of €10,904 and 205 comparable companies (NACE 70200). It probably lies between €25,000 and €100,000. It is a rough estimate.Financials
Is Until The Final Light profitable?
In financial year 2025, Until The Final Light made a profit of €9,269.
Where can I find the annual accounts of Until The Final Light?
Until The Final Light filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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