RHODE CONSULTING

Active

Public limited companyfounded 199036 yrs activePalmerstonlaan 19, 1000 Brussel, BelgiumKBO/BCE: BE 0440.408.605

RHODE CONSULTING has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €437k and a net result of €40k. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

86 / 100

Excellent▼ -14 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability46▼-54

Solvency85▼-15

Growth78=

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €40k at 30 days acceptable

Liquidity ample (current ratio 1.51 against 3.56 in 2023), and 47.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

29 d early

2023

19 d early

2022

31 d early

2021

85 d late

2020

45 d late

2019

92 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€437k▲ 193%

2023 · €149k

2018: €7k 2019: €13k 2020: €46k 2021: €77k 2022: €105k 2023: €149k

2018 → 2024

Total assets

€834k▲ 306%

2023 · €206k

2018: €31k 2019: €21k 2020: €58k 2021: €95k 2022: €127k 2023: €206k

2018 → 2024

Net result

€40k▼ 8.1%

2023 · €44k

2018: €4k 2019: €7k 2020: €33k 2021: €30k 2022: €28k 2023: €44k

2018 → 2024

Working capital

€198k▲ 36.1%

2023 · €145k

2018: €6k 2019: €12k 2020: €43k 2021: €74k 2022: €101k 2023: €145k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€46k-€77k▲ 64.7%€105k▲ 37.0%€149k▲ 41.8%€437k▲ 193%

Operating result€33k-€40k▲ 20.7%€40k▲ 0.4%€62k▲ 56.5%€69k▲ 10.1%

Net result€33k-€30k▼ 9.2%€28k▼ 5.7%€44k▲ 54.9%€40k▼ 8.1%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 10% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €834k

30.1%

69.9%

Fixed assets €251k▲ 7,285%

Current assets €583k▲ 188%

Equity and liabilities €834k

52.4%

47.6%

Equity €437k▲ 193%

Debt €397k▲ 600%

The debt ratio rises from 27.6% to 47.6%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€70k▲

2023 · €64k

Cash flow

€42k▼

2023 · €46k

Solvency

52.4%▼

2023 · 72.4%

Current ratio

1.51▼

2023 · 3.56

Quick ratio

1.02▼

2023 · 3.56

Debt / equity

0.91▲

2023 · 0.38

ROE

9.2%▼

2023 · 29.5%

ROA

4.8%▼

2023 · 21.4%

Interest coverage

7.26▼

2023 · 40.76

Debt

€397k▲

2023 · €57k

Debt ≤ 1 year

€385k▲

2023 · €57k

Income taxes

€20k▲

2023 · €17k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€206k€834k▲

Fixed assets21/28€3k€251k▲

Tangible fixed assets22/27€3k€3k▲

Furniture and vehicles24€3k€3k▲

Financial fixed assets28€363€248k▲

Current assets29/58€202k€583k▲

Stocks and contracts in progress3-€192k

Stocks30/36-€192k

Amounts receivable within one year40/41€27k€28k▲

Trade receivables40€25k€28k▲

Other amounts receivable41€2k€127▼

Current investments50/53-€214k

Cash at bank and in hand54/58€176k€148k▼

Equity and liabilities

Total equity and liabilities10/49€206k€834k▲

Equity10/15€149k€437k▲

Contributions10/11€62k€310k▲

Capital10€62k€310k▲

Issued capital100€62k€310k▲

Reserves13€87k€127k▲

Non-distributable reserves130/1€6k€8k▲

Legal reserve130€6k€8k▲

Distributable reserves133€80k€119k▲

Profit (loss) carried forward14€233€55▼

Amounts payable17/49€57k€397k▲

Amounts payable within one year42/48€57k€385k▲

Trade debts44€5k€4k▼

Suppliers440/4€5k€4k▼

Taxes, remuneration and social security45€9k€22k▲

Taxes450/3€9k€22k▲

Other amounts payable47/48€43k€359k▲

Accrued charges and deferred income492/3-€12k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€459€387▼

Gross operating margin9900€65k€71k▲

Operating profit (loss)9901€62k€69k▲

Financial income75/76B€31€807▲

Recurring financial income75€31€807▲

Financial charges65/66B€2k€10k▲

Recurring financial charges65€2k€10k▲

Profit (loss) for the period before taxes9903€61k€60k▼

Income taxes67/77€17k€20k▲

Profit (loss) for the period9904€44k€40k▼

Profit (loss) for the period to be appropriated9905€44k€40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€44k€41k▼

Profit (loss) brought forward from the previous period14P€226€233▲

Transfer to equity691/2€44k€41k▼

To the legal reserve6920-€2k

To other reserves6921€44k€39k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Equity above €200kEq €437k ▲193%

7 profitable years in a row build equity to €437k.

12-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2018net €44k ▲54.9%

Net result €44k, the highest in the series.

30-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €100kEq €105k ▲37%

5 profitable years in a row build equity to €105k.

24-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 85 days late

2021

14-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 45 days late

2020

31-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 92 days late

2019

31-12

Financial Liquidity doublescurrent ratio 2.69

Current ratio from 1.25 to 2.69; short-term debt falls from €24k to €7k.

21-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 82 days late

2018

22-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 22 days late

2017

28-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 59 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Brussel · 1 establishment unit since 1990

establishment The establishment unit on the map

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.

Palmerstonlaan 191000 Brussel

Ground area

181 m²

Building footprint

95 m²

Volume, LiDAR

1,383 m³

Parcel 21806F0114/00B004, Brussels · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Palmerstonlaan 19, 1000 Brussel

Crop and animal production, hunting and related service activities

since 19902.273.283.981

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21806F0114/00B004	Brussels	181 m²	1 · 95 m²	19.8 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 35,600 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded13-04-1990

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.