2020 CONSULT
ActiveSummary
2020 CONSULT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €670k and a net result of €74k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-5
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 2.5 in 2024; short-term debt: 23.1% and cash: 4.2% of total assets), and 23.1% of the assets are financed with debt.
Credit advice 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
Sector 70
lower
← 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
76.9%
Return on assets
8.5%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
4 d late
2023
33 d early
2022
14 d early
2021
12 d early
2020
12 d late
2019
74 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€670k▼ 9.9%
2024 · €744k
2018: €1.01M
2019: €1.07M
2020: €1.34M
2021: €698k
2022: €560k
2023: €637k
2024: €744k
2018 → 2025
Total assets
€872k▼ 1.2%
2024 · €883k
2018: €1.70M
2019: €1.72M
2020: €1.38M
2021: €724k
2022: €796k
2023: €769k
2024: €883k
2018 → 2025
Net result
€74k▼ 30.2%
2024 · €106k
2018: €87k
2019: €60k
2020: €415k
2021: €-645k
2022: €48k
2023: €78k
2024: €106k
2018 → 2025
Working capital
€133k▼ 36.5%
2024 · €209k
2018: €-101k
2019: €-77k
2020: €243k
2021: €303k
2022: €28k
2023: €109k
2024: €209k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€698k-€560k▼ 19.8%€637k▲ 13.9%€744k▲ 16.7%€670k▼ 9.9%
Operating result€-648k-€20k€120k▲ 512%€161k▲ 34.8%€116k▼ 28.3%
Net result€-645k-€48k€78k▲ 61.7%€106k▲ 37.2%€74k▼ 30.2%
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 falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €872k
Fixed assets
€538k ▲ 0.5%
Current assets
€334k ▼ 3.9%
Equity and liabilities €872k
Equity
€670k ▼ 9.9%
Debt
€202k ▲ 45.1%
Debt's share of the balance-sheet total rises from 15.7% to 23.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€119k▼
2024 · €164k
Cash flow
€77k▼
2024 · €110k
Current ratio
1.66▼
2024 · 2.50
Debt to equity
0.30▲
2024 · 0.19
ROE
11.1%▼
2024 · 14.3%
ROA
8.5%▼
2024 · 12.1%
Interest coverage
19.98▼
2024 · 41.20
Debt ≤ 1 year
€202k▲
2024 · €139k
Income taxes
€44k▼
2024 · €58k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€883k€872k▼
Fixed assets21/28€535k€538k▲
Tangible fixed assets22/27€112k€115k▲
Land and buildings22€1k€1k=
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€106k€110k▲
Financial fixed assets28€423k€423k=
Current assets29/58€348k€334k▼
Amounts receivable within one year40/41€287k€294k▲
Trade receivables40€156k€96k▼
Other amounts receivable41€131k€198k▲
Cash at bank and in hand54/58€57k€36k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€883k€872k▼
Equity10/15€744k€670k▼
Contributions10/11€12k€12k=
Reserves13€731k€658k▼
Distributable reserves133€731k€658k▼
Amounts payable17/49€139k€202k▲
Amounts payable within one year42/48€139k€202k▲
Financial debts43€35k€21k▼
Credit institutions430/8€35k€21k▼
Trade debts44€17k€4k▼
Suppliers440/4€17k€4k▼
Taxes, remuneration and social security45€87k€29k▼
Taxes450/3€87k€29k▼
Other amounts payable47/48-€148k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€803€1k▲
Gross operating margin9900€165k€120k▼
Operating profit (loss)9901€161k€116k▼
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€164k€119k▼
Income taxes67/77€58k€44k▼
Profit (loss) for the period9904€106k€74k▼
Profit (loss) for the period to be appropriated9905€106k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€74k▼
Transfer from equity791/2-€148k
Transfer to equity691/2€106k€74k▼
To other reserves6921€106k€74k▼
Profit to be distributed694/7-€148k
Return on contributions (dividend)694-€148k
The notes to these accounts (6 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-645k ▼255%
Net result drops to €-645k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Highest result since 2018net €415k ▲597%
Net result €415k, the highest in the series.
31-12
Financial
Liquidity times 8current ratio 7.26
Current ratio from 0.88 to 7.26; short-term debt falls from €645k to €39k.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
22-01
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment · Johan Kiebooms
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-12
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment · Frank Liesse
Financial milestoneState Gazette actNBB 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, Hove · 1 establishment unit since 2009
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.
De Ster 182540 HoveGround area
1,554 m²
Building footprint
268 m²
Volume, LiDAR
1,236 m³
Parcel 11021A0023/00P000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
2020 Consult
since 20092.183.158.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0023/00P000 | Flanders | 1,554 m² | 1 · 268 m² | 7.0 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.
Structure & network
Connections & network
3 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
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BOIS DU ROI MANAGEMENT
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,987 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.