CONSTABEL
ActiveSummary
CONSTABEL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470k and a net result of €171k. Equity is growing by ~52.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+14
Solvency84▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.69 against 7.59 in 2024; short-term debt: 4.4% and cash: 1.3% of total assets), and 41.1% 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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 dateAge against the risk zone
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
58.9%
Return on assets
21.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-03-2026, 39 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
39 d early
2024
10 d early
2023
44 d early
2022
21 d early
2021
6 d early
2020
26 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€470k▲ 57.0%
2024 · €299k
Total assets
€798k▼ 1.0%
2024 · €806k
Net result
€171k▲ 113%
2024 · €80k
Working capital
€270k▼ 10.3%
2024 · €301k
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
Line20212022202320242025
Operating result€71k▲ 37.8%€59k▼ 16.9%€127k▲ 115%€99k▼ 21.8%€241k▲ 143%
Net result€69k▲ 63.3%€45k▼ 34.3%€103k▲ 128%€80k▼ 22.4%€171k▲ 113%
Equity€94k▲ 197%€140k▲ 48.2%€220k▲ 57.7%€299k▲ 36.0%€470k▲ 57.0%
Total assets€662k▲ 419%€735k▲ 11.1%€803k▲ 9.2%€806k▲ 0.3%€798k▼ 1.0%
Debt€568k▲ 492%€596k▲ 5.0%€583k▼ 2.1%€506k▼ 13.1%€328k▼ 35.2%
Working capital€120k▲ 162%€178k▲ 47.9%€246k▲ 38.8%€301k▲ 22.0%€270k▼ 10.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €798k
Fixed assets
€493k ▲ 7.4%
Current assets
€305k ▼ 12.0%
Equity and liabilities €798k
Equity
€470k ▲ 57.0%
Debt
€328k ▼ 35.2%
Debt's share of the balance-sheet total falls from 62.9% to 41.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€305k▲
2024 · €122k
Cash flow
€235k▲
2024 · €103k
Current ratio
8.69▲
2024 · 7.59
Debt to equity
0.70▼
2024 · 1.69
ROE
36.3%▲
2024 · 26.8%
ROA
21.4%▲
2024 · 9.9%
Interest coverage
63.87▲
2024 · 21.81
Debt ≤ 1 year
€35k▼
2024 · €46k
Debt > 1 year
€292k▼
2024 · €461k
Income taxes
€74k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €87k | €35k | €23k | €65k | ▲ 186% |
| Other operating charges640/8 | €2k | €767 | €2k | €2k | €10k | ▲ 402% |
| Gross operating margin9900 | €111k | €146k | €164k | €123k | €315k | ▲ 155% |
| Operating profit (loss)9901 | €71k | €59k | €127k | €99k | €241k | ▲ 143% |
| Financial income75/76B | €601 | €10 | €1k | €7k | €9k | ▲ 36.3% |
| Recurring financial income75 | €601 | €10 | €1k | €7k | €9k | ▲ 36.3% |
| Financial charges65/66B | €2k | €7k | €6k | €6k | €5k | ▼ 14.2% |
| Recurring financial charges65 | €2k | €7k | €6k | €6k | €5k | ▼ 14.2% |
| Profit (loss) for the period before taxes9903 | €69k | €52k | €122k | €100k | €245k | ▲ 145% |
| Income taxes67/77 | €327 | €7k | €18k | €20k | €74k | ▲ 276% |
| Profit (loss) for the period9904 | €69k | €45k | €103k | €80k | €171k | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €69k | €45k | €103k | €80k | €171k | ▲ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €662k | €735k | €803k | €806k | €798k | ▼ 1.0% |
| Fixed assets21/28 | €507k | €504k | €482k | €460k | €493k | ▲ 7.4% |
| Tangible fixed assets22/27 | €507k | €504k | €482k | €460k | €493k | ▲ 7.4% |
| Land and buildings22 | - | - | - | - | €493k | - |
| Plant, machinery and equipment23 | €2k | €2k | €702 | €79 | - | - |
| Furniture and vehicles24 | €33k | €18k | €3k | - | - | - |
| Assets under construction and advance payments27 | €472k | €484k | €479k | €459k | - | - |
| Current assets29/58 | €155k | €232k | €321k | €346k | €305k | ▼ 12.0% |
| Amounts receivable within one year40/41 | €85k | €51k | €41k | €43k | €38k | ▼ 12.2% |
| Trade receivables40 | €21k | €51k | €36k | €17k | €17k | ▲ 1.3% |
| Other amounts receivable41 | €64k | €593 | €5k | €26k | €21k | ▼ 21.2% |
| Current investments50/53 | - | - | €100k | €280k | €255k | ▼ 8.9% |
| Cash at bank and in hand54/58 | €70k | €180k | €149k | €9k | €11k | ▲ 18.5% |
| Deferred charges and accrued income490/1 | €425 | €439 | €32k | €14k | €922 | ▼ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €662k | €735k | €803k | €806k | €798k | ▼ 1.0% |
| Equity10/15 | €94k | €140k | €220k | €299k | €470k | ▲ 57.0% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves13 | €93k | €139k | €219k | €298k | €469k | ▲ 57.2% |
| Distributable reserves133 | €93k | €139k | €219k | €298k | €469k | ▲ 57.2% |
| Amounts payable17/49 | €568k | €596k | €583k | €506k | €328k | ▼ 35.2% |
| Amounts payable after more than one year17 | €531k | €535k | €498k | €461k | €292k | ▼ 36.5% |
| Financial debts170/4 | €508k | €534k | €497k | €461k | €292k | ▼ 36.6% |
| Other amounts payable178/9 | €23k | €1k | €909 | - | €248 | - |
| Amounts payable within one year42/48 | €35k | €54k | €75k | €46k | €35k | ▼ 23.2% |
| Current portion of amounts payable after more than one year42 | €18k | €36k | €36k | €37k | €16k | ▼ 55.5% |
| Trade debts44 | €10k | €11k | €2k | €4k | €2k | ▼ 56.5% |
| Suppliers440/4 | €10k | €11k | €2k | €4k | €2k | ▼ 56.5% |
| Taxes, remuneration and social security45 | €164 | €7k | €14k | €4k | €17k | ▲ 286% |
| Taxes450/3 | €164 | €7k | €12k | €4k | €17k | ▲ 286% |
| Remuneration and social security454/9 | - | - | €1k | - | - | - |
| Other amounts payable47/48 | €6k | - | €23k | €860 | - | - |
| Accrued charges and deferred income492/3 | €1k | €7k | €10k | €236 | €667 | ▲ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69k | €45k | €103k | €80k | €171k | ▲ 113% |
| + Depreciation and write-downs630 | €39k | €87k | €35k | €23k | €65k | ▲ 186% |
| Operating cash flow (approximation) | €108k | €132k | €139k | €103k | €235k | ▲ 129% |
| Investment in fixed assets (approximation) | - | €-83k | €-14k | €0 | €-99k | - |
| Change in cash | - | €110k | €-31k | €-139k | €2k | ▲ 101% |
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
25-03
State Gazette act
General meeting · Share issue
Statutes amendment · Director appointment
22-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €171k ▲113%
Operating result €241k, net result €171k, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200kEq €220k ▲57.7%
4 profitable years in a row build equity to €220k.
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €140k ▲48.2%
3 profitable years in a row build equity to €140k.
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Brugge · 1 establishment unit since 2019
Ground area
807 m²
Building footprint
133 m²
Volume, LiDAR
700 m³
Parcel 31807H0533/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CONSULTANCY SOETE THOMAS ACCOUNTANT EN BELASTINGADVISEUR
since 20192.307.534.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807H0533/00S000 | Flanders | 807 m² | 1 · 133 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,493 EUR awarded · 2,493 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 389 EUR | 389 EUR |
| 2024 | 1 | 389 EUR | 389 EUR |
| 2023 | 1 | 1,347 EUR | 1,347 EUR |
| 2022 | 1 | 368 EUR | 368 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500D82DD64877BB05
Similar companies · same sector, comparable size
CALCULO
BE 0820.803.409
Riemst · Eq €469,884
OWL ADVISORY BELGIUM
BE 0744.654.449
Sint-Pieters-Woluwe · Eq €470,064
TRIJUS
BE 0899.820.203
Hoegaarden · Eq €469,785
FOURNEAU
BE 0434.785.375
Overijse · Eq €470,223
CV FID
BE 0599.796.332
Frasnes-lez-Anvaing · Eq €470,845
Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,568 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
Founded28-11-2019
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
constabel@outlook.be
Scores and ratios are computed by Checked and are not a credit decision.