DEF EXPERTISES
DEF EXPERTISES has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €-40k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €155k |
| Net result | €-40k |
| Staff (FTE) | 3.4 |
| Better than sector | 32% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.0% | 29.8% | |
| Net result | €-40k | €6k | |
| Equity | €155k | €78k | |
| Gross operating margin | €266k | €41k | |
| Staff costs | €183k | €28k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | full schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €73k | €124k | €28k | €341k | €224k |
| Net profit | €-40k | €19k | €-80k | €229k | €166k |
| Cash flow | €29k | €66k | €4k | €251k | €177k |
| Staff costs | €183k | €178k | €174k | €161k | €99k |
| Income taxes | €3k | €16k | €2k | €74k | €21k |
| Dividends | - | - | - | €100k | - |
| Total assets | €1.54M | €1.59M | €1.74M | €1.52M | €1.58M |
| Equity | €155k | €195k | €176k | €256k | €227k |
| Debt | €1.39M | €1.40M | €1.56M | €1.26M | €1.36M |
| of which ≤ 1y | €360k | €324k | €421k | €526k | €690k |
| of which > 1y | €1.03M | €1.04M | €1.13M | €739k | €665k |
| Working capital | €181k | €306k | €480k | €612k | €388k |
| Employees (FTE) | 3.4 | 3.2 | 3.4 | 3.4 | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.50 | 1.95 | 2.14 | 2.16 | 1.56 |
| Quick ratio | 1.50 | 1.95 | 2.14 | 2.16 | 1.56 |
| Working capital ratio | 11.8% | 19.2% | 27.6% | 40.2% | 24.5% |
| Solvency | 10.0% | 12.3% | 10.2% | 16.9% | 14.3% |
| Debt / equity | 8.97 | 7.15 | 8.85 | 4.93 | 5.97 |
| Long-term debt ratio | 6.64 | 5.34 | 6.43 | 2.88 | 2.92 |
| Interest coverage | 1.79 | 2.93 | 1.23 | 20.96 | 8.91 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -2.6% | 1.2% | -4.6% | 15.1% | 10.5% |
| ROE | -26.2% | 9.5% | -45.3% | 89.4% | 73.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.54M | €1.59M | €1.74M | €1.52M | €1.58M |
| Fixed assets | 21/28 | €1,000k | €960k | €837k | €384k | €506k |
| Intangible fixed assets | 21 | €2k | - | - | - | - |
| Tangible fixed assets | 22/27 | €998k | €960k | €837k | €384k | €394k |
| Financial fixed assets | 28 | - | - | - | - | €112k |
| Current assets | 29/58 | €541k | €630k | €901k | €1.14M | €1.08M |
| Amounts receivable within one year | 40/41 | €138k | €109k | €79k | €158k | €332k |
| Investments | 50/53 | €200k | €200k | €200k | €200k | - |
| Cash & bank | 54/58 | €74k | €212k | €533k | €700k | €719k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.54M | €1.59M | €1.74M | €1.52M | €1.58M |
| Equity | 10/15 | €155k | €195k | €176k | €256k | €227k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €189k | €189k | €189k | €189k | €189k |
| Accumulated profits (losses) | 14 | €-40k | €284 | €-18k | €62k | €33k |
| Amounts payable | 17/49 | €1.39M | €1.40M | €1.56M | €1.26M | €1.36M |
| Amounts payable after one year | 17 | €1.03M | €1.04M | €1.13M | €739k | €665k |
| Amounts payable within one year | 42/48 | €360k | €324k | €421k | €526k | €690k |
| Trade debts payable within one year | 44 | €42k | €52k | €60k | €94k | €251k |
| Income statement | ||||||
| Gross operating margin | 9900 | €266k | €320k | €219k | €503k | €349k |
| Operating result | 9901 | €3k | €76k | €-56k | €319k | €212k |
| Financial income | 75 | €29 | €0 | €0 | €11 | €0 |
| Financial charges | 65 | €41k | €42k | €22k | €16k | €25k |
| Result before taxes | 9903 | €-37k | €34k | €-78k | €303k | €187k |
| Income taxes | 67/77 | €3k | €16k | €2k | €74k | €21k |
| Net result for the period | 9904 | €-40k | €19k | €-80k | €229k | €166k |
| Result to be appropriated | 9905 | €-40k | €19k | €-80k | €229k | €166k |
| NACE primary | Real estate appraisal on a fee or contract basis(68322) |
| Legal form | Private limited company(610) |
| Incorporation | 01-02-2012 |
| Status | Active |
| Postal code | 5380 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92064A0057/00R005 | Wallonia | 799 m² | 1 · 401 m² | - |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-06-2025 Registered office moved from WIERDE to Fernelmont
- Rue Grande 27 - 5100 WIERDE → 5380 Fernelmont, Grand-Route, Hingeon 2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "5380 Fernelmont, Grand-Route, Hingeon 2",
"city": "Fernelmont",
"region": "waals_gewest",
"street": "Grand-Route",
"country": "BE",
"postcode": "5380",
"box_number": null,
"street_number": null,
"locality_suffix": "Hingeon"
},
"old_address": {
"raw": "Rue Grande 27 - 5100 WIERDE",
"city": "WIERDE",
"region": "waals_gewest",
"street": "Grande",
"country": "BE",
"postcode": "5100",
"box_number": null,
"street_number": "27",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e adopte \u00E0 l\u0027unanimit\u00E9 la proposition de transfert de si\u00E8ge sociai pour ie porter \u00E0 5380 Fernelmont, Grand-Route, Hingeon 2.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Liege",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-06-17",
"filing_date": "2025-06-04",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2025-04-08",
"unanimous": true
},
"subject_company": {
"kbo": "0843.302.063",
"name_full": "DEF EXPERTISES",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0895.177.366",
"org_name": "Fiscus Consilium Fiduciaire SRL",
"person_name": null,
"org_rep_person_name": "Lo\u00EFc de Dorlodot",
"person_role_at_subject": null
},
"co_filed_documents": []
}| Legal nameFR | DEF EXPERTISES |