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ANTHE

Active
KBO/BCE: BE 0899.346.881
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age18 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ANTHE is 0.1% (very low). The 2025 annual accounts show equity of €388k and a net result of €72k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 4723 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 09-06-2026 52 d early 2026-00146452
31-12-2024 31-07-2025 06-06-2025 55 d early 2025-00123015
31-12-2023 31-07-2024 25-06-2024 36 d early 2024-00157395
31-12-2022 31-07-2023 23-06-2023 38 d early 2023-00151288
31-12-2021 31-07-2022 27-05-2022 65 d early 2022-20036006
31-12-2020 31-07-2021 18-06-2021 43 d early 2021-21000423
31-12-2019 31-07-2020 21-04-2020 101 d early 2020-09400556
31-12-2018 31-07-2019 03-06-2019 58 d early 2019-15200426
31-12-2017 31-07-2018 18-07-2018 13 d early 2018-33900601
31-12-2016 31-07-2017 29-05-2017 63 d early 2017-13600346

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2008, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Annual accounts: healthy financial profile Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€72k+1564.6%
Working capital€133k+171.9%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 09-06-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100k€150k€200kOperating result 2021: €141k€141kNet result 2021: €97k€97kOperating result 2022: €177k€177kNet result 2022: €119k€119kOperating result 2023: €27k€27kNet result 2023: €13k€13kOperating result 2024: €18k€18kNet result 2024: €4k€4kOperating result 2025: €111k€111kNet result 2025: €72k€72k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~6.4%/year over 8 fiscal years, indicative, assuming unchanged policy.
€200k€300k€400k€500k2026: €400k (€369k - €431k)2027: €426k (€379k - €472k)2028: €453k (€388k - €517k)2018: €236k2019: €280k2020: €267k2021: €284k2022: €398k2023: €379k2024: €327k2025: €388k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 46.2% 55.5%
better than 43% of 4723 sector peers
Net result €72k €38k
better than 73% of 4722 sector peers
Equity €388k €64k
better than 93% of 4723 sector peers
Gross operating margin €197k €61k
better than 91% of 4715 sector peers
Staff costs €3k €6k
higher than 44% of 380 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P43
2020: P35 · n=13712021: P30 · n=34652022: P37 · n=68462023: P32 · n=100762024: P31 · n=124642025: P43 · n=47232020 2025
Stable position over 2020-2025 · n=1371-12464
Net result P73
2020: P41 · n=13712021: P90 · n=34642022: P92 · n=68452023: P34 · n=100702024: P22 · n=124662025: P73 · n=47222020 2025
Weakening position over 2020-2025 · n=1371-12466
Equity P93
2020: P80 · n=13732021: P90 · n=34702022: P95 · n=68542023: P94 · n=100832024: P92 · n=124722025: P93 · n=47232020 2025
Stable position over 2020-2025 · n=1373-12472
Gross operating margin P91
2020: P92 · n=13692021: P95 · n=34552022: P95 · n=68332023: P95 · n=100562024: P92 · n=124522025: P91 · n=47152020 2025
Stable position over 2020-2025 · n=1369-12452
Describes the position versus peers, not a forecast.
EBITDA
€160k
+123.9% 18-25
Net profit
€72k
+1564.6% 18-25
Cash flow
€121k
+110.6% 18-25
Total assets
€839k
-0.5% 18-25
Equity
€388k
+18.7% 18-25
Working capital
€133k
+171.9% 18-25
Employees (FTE)
2
-18.5% 18-25
Staff costs
€3k
-96.9% 18-25
Income taxes
€31k
+441.4% 18-25
Dividends
€8k
-85.7% 18-25
Debt
€452k
-12.6% 18-25
Debt ≤ 1y
€111k
-25.0% 18-25
Debt > 1y
€335k
-8.1% 18-25
Current ratio
2.20
+65.2% 18-25
Quick ratio
2.20
+65.2% 18-25
Solvency
46.2%
+19.2% 18-25
Debt / equity
1.16
-26.3% 18-25
ROE
18.6%
+1302.8% 18-25
ROA
8.6%
+1572.6% 18-25
Interest coverage
12.74
+122.2% 18-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€160k
Net profit€72k
Cash flow€121k
Staff costs€3k
Income taxes€31k
Dividends€8k
Total assets€839k
Equity€388k
Debt€452k
of which ≤ 1y€111k
of which > 1y€335k
Working capital€133k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.20
Quick ratio2.20
Working capital ratio15.9%
Solvency46.2%
Debt / equity1.16
Long-term debt ratio0.86
Interest coverage12.74
Gross margin-
Net margin-
ROA8.6%
ROE18.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€839k
Fixed assets 21/28€595k
Tangible fixed assets 22/27€595k
Financial fixed assets 28€217
Current assets 29/58€244k
Amounts receivable within one year 40/41€122k
Cash & bank 54/58€117k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€839k
Equity 10/15€388k
Contributions / capital 10/11€19k
Reserves 13€296k
Accumulated profits (losses) 14€0
Amounts payable 17/49€452k
Amounts payable after one year 17€335k
Amounts payable within one year 42/48€111k
Trade debts payable within one year 44€11k
Income statement
Gross operating margin 9900€197k
Operating result 9901€111k
Financial income 75€4k
Financial charges 65€13k
Result before taxes 9903€103k
Income taxes 67/77€31k
Net result for the period 9904€72k
Result to be appropriated 9905€72k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
approximate (street level) On OpenStreetMap

Establishment units

1 location
ANTHE SPRL
Rue de la Câblerie 5, 4000 LiègeOverige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
since 20082.174.142.855
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area9,364 m²
Buildings1
Building footprint1,599 m²
Volume (LiDAR)9,042 m³
Tallest building8.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62074B0463/02H000 Wallonia 8,560 m² 1 · 1,599 m² 8.2 m · 2 fl.
62810B0199/00F003 Wallonia 804 m² - -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability93Solvency91Growth78Stability100
91 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 93
Solvency 91
Growth 78
Stability 100

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening78200Andere vormen van arbeidsbemiddeling78300
Primary activity highlighted.
Names & trade names
Legal nameFR ANTHE
Registered office
Rue de Loneux 35
4670 Blégny, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.