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Strength Based Consulting

Active
Private limited company (pre-2019)founded 201610 yrs activeGeraertsstraat 48, 3600 Genk, BelgiumKBO/BCE: BE 0648.837.552

Strength Based Consulting has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €189k and a net result of €7k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 19907 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-8
Solvency100=
Growth46▼-16
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 7.65 against 22.55 in 2023; short-term debt: 13.1% and cash: 23.4% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
61 d late
2022
29 d late
2021
394 d late
2020
265 d late
2019
1950 d late
← before the deadline after the deadline →
neutral · 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, micro schema

Turnover
€130k▲ 5.6%
2023 · €123k
2018: €128k 2019: €161k 2020: €106k 2021: €118k 2022: €86k 2023: €123k
2018 → 2024
EBIT margin
24.0%▲ 5.2pp
2023 · 18.8%
2018: 23.3% 2019: 22.2% 2020: 14.3% 2021: 39.9% 2022: 26.5% 2023: 18.8%
2018 → 2024
Net result
€7k▼ 74.1%
2023 · €27k
2018: €25k 2019: €20k 2020: €18k 2021: €46k 2022: €5k 2023: €27k
2018 → 2024
Working capital
€196k▲ 4.2%
2023 · €188k
2018: €69k 2019: €100k 2020: €114k 2021: €160k 2022: €166k 2023: €188k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€106k-€118k▲ 11.6%€86k▼ 27.0%€123k▲ 43.1%€130k▲ 5.6%
Equity€104k-€151k▲ 44.3%€155k▲ 3.1%€182k▲ 17.4%€189k▲ 3.8%
Operating result€15k-€47k▲ 212%€23k▼ 51.5%€23k▲ 1.4%€31k▲ 34.9%
Net result€18k-€46k▲ 153%€5k▼ 90.0%€27k▲ 487%€7k▼ 74.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €15k€15kNet result 2020: €18k€18kOperating result 2021: €47k€47kNet result 2021: €46k€46kOperating result 2022: €23k€23kNet result 2022: €5k€5kOperating result 2023: €23k€23kNet result 2023: €27k€27kOperating result 2024: €31k€31kNet result 2024: €7k€7k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €225k
Equity €189k▲ 3.8%
Debt €36k▲ 36.2%
The debt ratio rises from 12.5% to 15.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43k
2023 · €36k
Cash flow
€19k
2023 · €39k
Solvency
84.2%
2023 · 87.5%
Current ratio
7.65
2023 · 22.55
Quick ratio
7.65
2023 · 22.55
Debt / equity
0.19
2023 · 0.14
ROE
3.7%
2023 · 14.8%
ROA
3.1%
2023 · 13.0%
Interest coverage
182.51
2023 · 73.97
Debt
€36k
2023 · €26k
Debt ≤ 1 year
€29k
2023 · €9k
Debt > 1 year
€6k
2023 · €17k
Income taxes
€34k
2023 · €12k
Staff costs
€9k
2023 · €4k
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€208k€225k
Fixed assets21/28€12k-
Tangible fixed assets22/27€12k-
Plant, machinery and equipment23€232-
Furniture and vehicles24€12k-
Current assets29/58€196k€225k
Amounts receivable within one year40/41€134k€172k
Trade receivables40€44k€81k
Other amounts receivable41€90k€91k
Cash at bank and in hand54/58€62k€53k
Equity and liabilities
Total equity and liabilities10/49€208k€225k
Equity10/15€182k€189k
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€6k€6k=
Reserves13€140k€147k
Distributable reserves133€140k€147k
Profit (loss) carried forward14€37k€37k=
Amounts payable17/49€26k€36k
Amounts payable after more than one year17€17k€6k
Financial debts170/4€17k€6k
Amounts payable within one year42/48€9k€29k
Trade debts44€351€3k
Suppliers440/4€351€3k
Taxes, remuneration and social security45€8k€26k
Taxes450/3€8k€26k
Income statement Code20232024
Turnover70€123k€130k
Goods, raw materials, services and sundry goods60/61-€77k
Remuneration, social security and pensions62€4k€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k
Other operating charges640/8€1k€1k
Gross operating margin9900€41k€54k
Operating profit (loss)9901€23k€31k
Financial income75/76B€16k€10k
Recurring financial income75€16k€10k
Non-recurring financial income76B€16k€10k
Financial charges65/66B€480€238
Recurring financial charges65€480€238
Profit (loss) for the period before taxes9903€39k€41k
Income taxes67/77€12k€34k
Profit (loss) for the period9904€27k€7k
Profit (loss) for the period to be appropriated9905€27k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€64k€44k
Profit (loss) brought forward from the previous period14P€36k€37k
Transfer to equity691/2€27k€7k
To other reserves6921€27k€7k

The notes to these accounts (4 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

2025
02-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 1950 days late
06-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
06-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
06-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 394 days late
06-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 265 days late
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Liquidity doublescurrent ratio 22.55
Current ratio from 10.42 to 22.55; short-term debt falls from €18k to €9k.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 394 days late
2022
31-12
Financial Weakest financial yearnet €5k ▼90%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
22-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 265 days late
2021
31-12
Financial Highest result since 2018net €46k ▲153%
Operating result €47k, net result €46k, both a record.
31-12
Financial Equity above €150kEq €151k ▲44.3%
4 profitable years in a row build equity to €151k.
2020
31-12
Financial Liquidity times 13current ratio 81.50
Current ratio from 6.23 to 81.50; short-term debt falls from €19k to €1k.
31-12
Financial Equity above €100kEq €104k ▲21.3%
3 profitable years in a row build equity to €104k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Genk · 1 establishment unit since 2016
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.

Geraertsstraat 483600 Genk
Ground area
1,242 m²
Building footprint
305 m²
Volume, LiDAR
2,093 m³
Parcel 71303B0400/00X000, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Strength Based Consulting
Geraertsstraat 48, 3600 GenkAgents specialised in the wholesale of other particular products
since 20162.250.336.553
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71303B0400/00X000 Flanders 1,242 m² 1 · 305 m² 13.0 m · 2 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 16,628 companies in sector 86220 we hold annual accounts for 7,973. 6,739 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2016
Fiscal year end31-12
Activities, NACEBEL
86220Specialist medical practice
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
72200Scientific research and development
78100Employment placement agencies
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.