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The slowest way to grow is often the one that feels safest : building everything yourself. Organic growth is the default setting of most SMEs hire, invest, win clients one by one...

The most expensive capital on a balance sheet is almost always the one that looked cheapest the day it was signed. For a decade, debt was practically free, and an entire...

Fabien Pinckaers' testimony points to a genuine technical issue, regardless of any partisan position. Taxing the unrealized value of a shareholding raises three difficulties...

Growth consumes cash faster than losses do. That is the paradox behind most treasury crises in perfectly healthy companies. Every new client, every additional stock line, every...

Most directors hear "transfer under judicial authority" and read it as a death sentence. It is closer to the opposite: the legal instrument designed to let a viable business...

To assume no one will fund it once the procedure starts. It is the single most common reflex we meet around a distressed boardroom table. The directors look at their liquidity...

I spend my working life inside distressed situations — companies where the warning signs were visible long before the rupture. And the pattern almost never changes. The...

In 2025, 11,665 companies were declared bankrupt in Belgium, a 5.4% increase on 2024 and the highest figure recorded since 2013. Construction, transport, and the scientific and...