COMMITMENT
ActiveSummary
COMMITMENT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.40M and a net result of €3.19M. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+5
Solvency100=
Growth69▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 8.56 against 26.55 in 2024; short-term debt: 5% and cash: 4.8% of total assets), and 5.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.9%
Return on assets
21%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
20 d late
2024
12 d late
2023
8 d early
2022
12 d early
2021
12 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€1.17M▼ 0.2%
2024 · €1.17M
2018: €819klowest in 8 years
2019: €858k▲ +4.8% vs 2018
2020: €927k▲ +8.0% vs 2019
2021: €1.20M▲ +29.7% vs 2020
2022: €1.25M▲ +4.0% vs 2021highest in 8 years
2023: €1.19M▼ -5.0% vs 2022
2024: €1.17M▼ -1.2% vs 2023
2025: €1.17M▼ -0.2% vs 2024
2018 → 2025
EBIT margin
71.5%▲ 21.2pp
2024 · 50.3%
2018: 53.3%
2019: 65.2%▲ +22.3% vs 2018
2020: 54.4%▼ -16.6% vs 2019
2021: 47.7%▼ -12.4% vs 2020
2022: 43.7%▼ -8.3% vs 2021lowest in 8 years
2023: 47.3%▲ +8.1% vs 2022
2024: 50.3%▲ +6.4% vs 2023
2025: 71.5%▲ +42.1% vs 2024highest in 8 years
2018 → 2025
Net result
€3.19M▲ 5.5%
2024 · €3.02M
2018: €2.47Mlowest in 8 years
2019: €2.56M▲ +3.7% vs 2018
2020: €2.57M▲ +0.4% vs 2019
2021: €2.66M▲ +3.5% vs 2020
2022: €3.90M▲ +46.3% vs 2021highest in 8 years
2023: €2.96M▼ -24.0% vs 2022
2024: €3.02M▲ +2.0% vs 2023
2025: €3.19M▲ +5.5% vs 2024
2018 → 2025
Working capital
€5.78M▼ 11.8%
2024 · €6.55M
2018: €3.13Mlowest in 8 years
2019: €5.84M▲ +86.3% vs 2018
2020: €5.78M▼ -0.9% vs 2019
2021: €4.27M▼ -26.1% vs 2020
2022: €4.43M▲ +3.7% vs 2021
2023: €5.64M▲ +27.3% vs 2022
2024: €6.55M▲ +16.2% vs 2023highest in 8 years
2025: €5.78M▼ -11.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.20M-€1.25M▲ 4.0%€1.19M▼ 5.0%€1.17M▼ 1.2%€1.17M▼ 0.2%
2021: €1.20M
2022: €1.25M▲ +4.0% vs 2021highest in 5 years
2023: €1.19M▼ -5.0% vs 2022
2024: €1.17M▼ -1.2% vs 2023
2025: €1.17M▼ -0.2% vs 2024lowest in 5 years
Equity€11.92M-€13.82M▲ 15.9%€14.78M▲ 7.0%€15.70M▲ 6.2%€14.40M▼ 8.3%
2021: €11.92Mlowest in 5 years
2022: €13.82M▲ +15.9% vs 2021
2023: €14.78M▲ +7.0% vs 2022
2024: €15.70M▲ +6.2% vs 2023highest in 5 years
2025: €14.40M▼ -8.3% vs 2024
Operating result€573k-€547k▼ 4.6%€561k▲ 2.6%€590k▲ 5.2%€837k▲ 41.9%
2021: €573k
2022: €547k▼ -4.6% vs 2021lowest in 5 years
2023: €561k▲ +2.6% vs 2022
2024: €590k▲ +5.2% vs 2023
2025: €837k▲ +41.9% vs 2024highest in 5 years
Net result€2.66M-€3.90M▲ 46.3%€2.96M▼ 24.0%€3.02M▲ 2.0%€3.19M▲ 5.5%
2021: €2.66Mlowest in 5 years
2022: €3.90M▲ +46.3% vs 2021highest in 5 years
2023: €2.96M▼ -24.0% vs 2022
2024: €3.02M▲ +2.0% vs 2023
2025: €3.19M▲ +5.5% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.17M
Fixed assets
€8.62M ▼ 5.8%
Current assets
€6.55M ▼ 3.9%
Equity and liabilities €15.17M
Equity
€14.40M ▼ 8.3%
Debt
€773k ▲ 197%
Debt's share of the balance-sheet total rises from 1.6% to 5.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.02M▲
2024 · €828k
Cash flow
€3.37M▲
2024 · €3.26M
Current ratio
8.56▼
2024 · 26.55
Debt to equity
0.05▲
2024 · 0.02
ROE
22.1%▲
2024 · 19.2%
ROA
21.0%▲
2024 · 18.9%
Interest coverage
2915.96
Debt ≤ 1 year
€765k▲
2024 · €257k
Income taxes
€247k▲
2024 · €186k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15.96M€15.17M▼
Fixed assets21/28€9.15M€8.62M▼
Tangible fixed assets22/27€4.08M€3.55M▼
Land and buildings22€3.99M€3.49M▼
Furniture and vehicles24€96k€59k▼
Financial fixed assets28€5.07M€5.07M=
Affiliated companies280/1€5.07M€5.07M=
Participating interests280€5.07M€5.07M=
Current assets29/58€6.81M€6.55M▼
Amounts receivable after more than one year29€735k€855k▲
Other amounts receivable291€735k€855k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€9k€371k▲
Trade receivables40€9k€0▼
Other amounts receivable41€0€371k▲
Current investments50/53€5.00M€4.50M▼
Other investments51/53€5.00M€4.50M▼
Cash at bank and in hand54/58€1.03M€726k▼
Deferred charges and accrued income490/1€33k€96k▲
Equity and liabilities
Total equity and liabilities10/49€15.96M€15.17M▼
Equity10/15€15.70M€14.40M▼
Contributions10/11€19k€19k=
Reserves13€15.68M€14.38M▼
Distributable reserves133€15.68M€14.38M▼
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Amounts payable17/49€260k€773k▲
Amounts payable within one year42/48€257k€765k▲
Trade debts44€38k€27k▼
Suppliers440/4€38k€27k▼
Taxes, remuneration and social security45€191k€173k▼
Taxes450/3€191k€173k▼
Other amounts payable47/48€28k€565k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Operating income70/76A€1.21M€1.21M▼
Turnover70€1.17M€1.17M▼
Other operating income74€17k€844▼
Non-recurring operating income76A€21k€35k▲
Operating charges60/66A€621k€369k▼
Services and other goods61€613k€185k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€238k€180k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-233k€0▲
Other operating charges640/8€3k€5k▲
Operating profit (loss)9901€590k€837k▲
Financial income75/76B€2.62M€2.60M▼
Recurring financial income75€2.62M€2.60M▼
Income from financial fixed assets750€2.62M€2.60M▼
Other financial income752/9€0-
Financial charges65/66B€342€349▲
Recurring financial charges65€342€349▲
Debt charges650€0-
Other financial charges652/9€342€349▲
Profit (loss) for the period before taxes9903€3.21M€3.44M▲
Income taxes67/77€186k€247k▲
Taxes670/3€186k€247k▲
Profit (loss) for the period9904€3.02M€3.19M▲
Profit (loss) for the period to be appropriated9905€3.02M€3.19M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.27M€3.19M▼
Profit (loss) brought forward from the previous period14P€1.25M€0▼
Transfer from equity791/2€2.10M€4.49M▲
From reserves792€2.10M€4.49M▲
Transfer to equity691/2€4.27M€3.19M▼
To other reserves6921€4.27M€3.19M▼
Profit to be distributed694/7€2.10M€4.49M▲
Return on contributions (dividend)694€2.10M€4.49M▲
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.22M | €1.27M | €1.21M | €1.21M | €1.21M | ▼ 0.4% |
| Turnover70 | €1.20M | €1.25M | €1.19M | €1.17M | €1.17M | ▼ 0.2% |
| Other operating income74 | €13k | €20k | €18k | €17k | €844 | ▼ 95.1% |
| Non-recurring operating income76A | - | - | - | €21k | €35k | ▲ 64.3% |
| Operating charges60/66A | €642k | €723k | €644k | €621k | €369k | ▼ 40.6% |
| Goods for resale, raw materials and consumables60 | €18k | €989 | €0 | - | - | - |
| Purchases600/8 | €18k | €989 | €0 | - | - | - |
| Services and other goods61 | €417k | €410k | €389k | €613k | €185k | ▼ 69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €205k | €308k | €246k | €238k | €180k | ▼ 24.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €-233k | €0 | ▲ 100% |
| Other operating charges640/8 | €2k | €5k | €9k | €3k | €5k | ▲ 31.8% |
| Operating profit (loss)9901 | €573k | €547k | €561k | €590k | €837k | ▲ 41.9% |
| Financial income75/76B | €2.26M | €3.49M | €2.56M | €2.62M | €2.60M | ▼ 0.7% |
| Recurring financial income75 | €2.26M | €3.03M | €2.56M | €2.62M | €2.60M | ▼ 0.7% |
| Income from financial fixed assets750 | €2.26M | €3.03M | €2.56M | €2.62M | €2.60M | ▼ 0.7% |
| Other financial income752/9 | €0 | €1 | €1 | €0 | - | - |
| Non-recurring financial income76B | - | €467k | €0 | - | - | - |
| Financial charges65/66B | €391 | €816 | €428 | €342 | €349 | ▲ 2.1% |
| Recurring financial charges65 | €391 | €816 | €428 | €342 | €349 | ▲ 2.1% |
| Debt charges650 | - | €513 | €19 | €0 | - | - |
| Other financial charges652/9 | €391 | €304 | €408 | €342 | €349 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €2.84M | €4.04M | €3.12M | €3.21M | €3.44M | ▲ 7.1% |
| Income taxes67/77 | €172k | €141k | €161k | €186k | €247k | ▲ 32.7% |
| Taxes670/3 | €172k | €141k | €161k | €186k | €247k | ▲ 32.7% |
| Profit (loss) for the period9904 | €2.66M | €3.90M | €2.96M | €3.02M | €3.19M | ▲ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €2.66M | €3.90M | €2.96M | €3.02M | €3.19M | ▲ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.65M | €14.55M | €15.51M | €15.96M | €15.17M | ▼ 5.0% |
| Fixed assets21/28 | €7.91M | €9.62M | €9.37M | €9.15M | €8.62M | ▼ 5.8% |
| Tangible fixed assets22/27 | €2.78M | €4.55M | €4.30M | €4.08M | €3.55M | ▼ 12.9% |
| Land and buildings22 | €2.78M | €4.39M | €4.18M | €3.99M | €3.49M | ▼ 12.3% |
| Furniture and vehicles24 | €2k | €159k | €129k | €96k | €59k | ▼ 37.8% |
| Financial fixed assets28 | €5.13M | €5.07M | €5.07M | €5.07M | €5.07M | = |
| Affiliated companies280/1 | €5.13M | €5.07M | €5.07M | €5.07M | €5.07M | = |
| Participating interests280 | €5.13M | €5.07M | €5.07M | €5.07M | €5.07M | = |
| Other financial fixed assets284/8 | €100 | €0 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €100 | €0 | - | - | - | - |
| Current assets29/58 | €4.74M | €4.93M | €6.14M | €6.81M | €6.55M | ▼ 3.9% |
| Amounts receivable after more than one year29 | - | - | - | €735k | €855k | ▲ 16.3% |
| Other amounts receivable291 | - | - | - | €735k | €855k | ▲ 16.3% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €314k | €26k | €35k | €9k | €371k | ▲ 4,062% |
| Trade receivables40 | €314k | €0 | €25k | €9k | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | €26k | €10k | €0 | €371k | - |
| Current investments50/53 | €1.40M | €4.20M | €4.50M | €5.00M | €4.50M | ▼ 10.0% |
| Other investments51/53 | €1.40M | €4.20M | €4.50M | €5.00M | €4.50M | ▼ 10.0% |
| Cash at bank and in hand54/58 | €3.01M | €681k | €1.59M | €1.03M | €726k | ▼ 29.8% |
| Deferred charges and accrued income490/1 | €11k | €18k | €10k | €33k | €96k | ▲ 194% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.65M | €14.55M | €15.51M | €15.96M | €15.17M | ▼ 5.0% |
| Equity10/15 | €11.92M | €13.82M | €14.78M | €15.70M | €14.40M | ▼ 8.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €8.65M | €12.55M | €13.51M | €15.68M | €14.38M | ▼ 8.3% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €8.65M | €12.55M | €13.51M | €15.68M | €14.38M | ▼ 8.3% |
| Profit (loss) carried forward14 | €3.25M | €1.25M | €1.25M | €0 | - | - |
| Provisions and deferred taxes16 | €233k | €233k | €233k | €0 | - | - |
| Provisions for liabilities and charges160/5 | €233k | €233k | €233k | €0 | - | - |
| Pensions and similar obligations160 | €233k | €233k | €233k | €0 | - | - |
| Amounts payable17/49 | €496k | €496k | €499k | €260k | €773k | ▲ 197% |
| Amounts payable within one year42/48 | €463k | €495k | €498k | €257k | €765k | ▲ 198% |
| Trade debts44 | €18k | €137k | €9k | €38k | €27k | ▼ 28.8% |
| Suppliers440/4 | €18k | €137k | €9k | €38k | €27k | ▼ 28.8% |
| Taxes, remuneration and social security45 | €188k | €263k | €193k | €191k | €173k | ▼ 9.3% |
| Taxes450/3 | €188k | €263k | €193k | €191k | €173k | ▼ 9.3% |
| Other amounts payable47/48 | €258k | €95k | €296k | €28k | €565k | ▲ 1,946% |
| Accrued charges and deferred income492/3 | €33k | €1k | €1k | €3k | €8k | ▲ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.66M | €3.90M | €2.96M | €3.02M | €3.19M | ▲ 5.5% |
| + Depreciation and write-downs630 | €205k | €308k | €246k | €238k | €180k | ▼ 24.3% |
| Operating cash flow (approximation) | €2.87M | €4.21M | €3.21M | €3.26M | €3.37M | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | €-2.02M | €-472 | €-14k | €348k | ▲ 2,568% |
| Change in cash | - | €-2.33M | €912k | €-558k | €-309k | ▲ 44.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated · 20 days late
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated · 12 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 26.55
Current ratio from 12.32 to 26.55; short-term debt falls from €498k to €257k.
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
31-12
Financial
Highest result since 2018net €3.90M ▲46.3%
Net result €3.90M, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
31-12
Financial
Liquidity triplescurrent ratio 10.23
Current ratio from 3.23 to 10.23; short-term debt falls from €2.60M to €463k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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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Directors · office · real estate
Directors
9 acts for this company are 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, Kapellen · 1 establishment unit since 2003
Ground area
5,466 m²
Building footprint
70 m²
Volume, LiDAR
405 m³
Parcel 11362M0702/00A000, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
commitment
since 20032.133.539.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0702/00A000 | Flanders | 5,466 m² | 1 · 70 m² | 13.7 m · 2 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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 5,218 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
Founded17-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.