TM 28 CONSULTING
ActiveTM 28 CONSULTING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €17k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency76=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.81 against 5.16 in 2024; short-term debt: 15.4% and cash: 1.6% of total assets), and 49.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
50.7%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
23 d late
2022
25 d late
2021
26 d late
2020
26 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▲ 10.9%
2024 · €161k
2020: €62k
2021: €77k
2022: €107k
2023: €134k
2024: €161k
2020 → 2025
Total assets
€352k▲ 11.7%
2024 · €315k
2020: €86k
2021: €230k
2022: €260k
2023: €288k
2024: €315k
2020 → 2025
Net result
€17k▼ 35.8%
2024 · €27k
2020: €55k
2021: €15k
2022: €31k
2023: €26k
2024: €27k
2020 → 2025
Working capital
€207k▲ 20.2%
2024 · €172k
2020: €59k
2021: €90k
2022: €123k
2023: €140k
2024: €172k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€107k▲ 40.1%€134k▲ 24.5%€161k▲ 20.4%€178k▲ 10.9%
Operating result€23k-€44k▲ 87.3%€37k▼ 14.5%€37k▼ 0.8%€27k▼ 28.1%
Net result€15k-€31k▲ 107%€26k▼ 14.6%€27k▲ 3.8%€17k▼ 35.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€91k▼ 10.5%
Current assets
€261k▲ 22.3%
Equity and liabilities €352k
Equity
€178k▲ 10.9%
Debt
€174k▲ 12.7%
The debt ratio rises from 48.9% to 49.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €49k
Cash flow
€28k▼
2024 · €39k
Solvency
50.7%▼
2024 · 51.1%
Current ratio
4.81▼
2024 · 5.16
Quick ratio
4.81▼
2024 · 5.16
Debt / equity
0.97▲
2024 · 0.96
ROE
9.8%▼
2024 · 16.9%
ROA
5.0%▼
2024 · 8.7%
Interest coverage
10.73▼
2024 · 22.99
Debt
€174k▲
2024 · €154k
Debt ≤ 1 year
€54k▲
2024 · €41k
Debt > 1 year
€119k▲
2024 · €113k
Income taxes
€6k▼
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€315k€352k▲
Fixed assets21/28€102k€91k▼
Intangible fixed assets21€90k€82k▼
Tangible fixed assets22/27€11k€9k▼
Furniture and vehicles24€11k€9k▼
Current assets29/58€213k€261k▲
Amounts receivable within one year40/41€198k€241k▲
Trade receivables40€20k€33k▲
Other amounts receivable41€178k€208k▲
Current investments50/53€10k€14k▲
Cash at bank and in hand54/58€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€315k€352k▲
Equity10/15€161k€178k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€154k€172k▲
Amounts payable17/49€154k€174k▲
Amounts payable after more than one year17€113k€119k▲
Financial debts170/4€113k€119k▲
Amounts payable within one year42/48€41k€54k▲
Current portion of amounts payable after more than one year42€6k€10k▲
Trade debts44€20k€19k▼
Suppliers440/4€20k€19k▼
Taxes, remuneration and social security45€15k€25k▲
Taxes450/3€15k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€51k€39k▼
Operating profit (loss)9901€37k€27k▼
Financial income75/76B€1k€502▼
Recurring financial income75€1k€502▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€36k€24k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€27k€17k▼
Profit (loss) for the period to be appropriated9905€27k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€154k€172k▲
Profit (loss) brought forward from the previous period14P€127k€154k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €150kEq €161k ▲20.4%
5 profitable years in a row build equity to €161k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Equity above €100kEq €107k ▲40.1%
3 profitable years in a row build equity to €107k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €15k ▼73.1%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Walhain · 1 establishment unit since 2019
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.
Chemin des Vallées de Roux(WSP) 61457 WalhainGround area
415 m²
Building footprint
73 m²
Parcel 25109F0577/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TM 28 CONSULTING
since 20192.294.460.368
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25109F0577/00A000 | Wallonia | 415 m² | 1 · 73 m² | - |
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
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MPAKT
BE 0777.855.470
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LEAD2GROW
BE 0722.865.081
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TRAFFICSHAPING
BE 0472.249.250
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LOSS CONTROL SOLUTIONS
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.