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EF EXPERTISE

Active
Rue du Bois d'Apechau 19 ·1440 Braine-le-Château, Belgium
KBO/BCE: BE 0781.550.873
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Age4 yrs
Real estate1 parcel · 1,579 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EF EXPERTISE is 0.7% (low). The 2025 annual accounts show equity of €21k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 443 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 443 sector peers (2025).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 22-05-2026 70 d early 2026-00119224
31-12-2024 31-07-2025 31-07-2025 on the day 2025-00342647
31-12-2023 31-07-2024 30-07-2024 1 d early 2024-00306973
31-12-2022 31-07-2023 24-07-2023 7 d early 2023-00263498

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€29k-71.6%
Working capital€624-99.7%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 22-05-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100k€150kOperating result 2022: €65k€65kNet result 2022: €49k€49kOperating result 2023: €123k€123kNet result 2023: €100k€100kOperating result 2024: €131k€131kNet result 2024: €103k€103kOperating result 2025: €45k€45kNet result 2025: €29k€29k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~53% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€100k€200k€300k2022: €59k2023: €159k2024: €262k2025: €21k2022202320242025
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).

Sector comparison
Fiscal year 2025 · NACE 74 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 6.4% 53.8%
better than 16% of 443 sector peers
Net result €29k €16k
better than 66% of 443 sector peers
Equity €21k €38k
better than 36% of 443 sector peers
Gross operating margin €66k €32k
better than 73% of 443 sector peers
Total assets €329k €84k
better than 89% of 443 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P16
2022: P44 · n=7622023: P89 · n=11582024: P88 · n=14802025: P16 · n=4432022 2025
Weakening position over 2022-2025 · n=443-1480
Net result P66
2022: P85 · n=7632023: P95 · n=11572024: P95 · n=14822025: P66 · n=4432022 2025
Stable position over 2022-2025 · n=443-1482
Equity P36
2022: P78 · n=7632023: P92 · n=11592024: P95 · n=14822025: P36 · n=4432022 2025
Weakening position over 2022-2025 · n=443-1482
Gross operating margin P73
2022: P80 · n=7632023: P92 · n=11562024: P93 · n=14802025: P73 · n=4432022 2025
Stable position over 2022-2025 · n=443-1480
Describes the position versus peers, not a forecast.
EBITDA
€63k
-56.8% 22-25
Net profit
€29k
-71.6% 22-25
Cash flow
€48k
-59.7% 22-25
Total assets
€329k
+4.5% 22-25
Equity
€21k
-91.9% 22-25
Working capital
€624
-99.7% 22-25
Income taxes
€16k
-43.7% 22-25
Dividends
€270k
- 22-25
Debt
€308k
+482.5% 22-25
Debt ≤ 1y
€293k
+542.8% 22-25
Current ratio
1.00
-82.5% 22-25
Quick ratio
1.00
-82.5% 22-25
Solvency
6.4%
-92.3% 22-25
Debt / equity
14.53
+7101.9% 22-25
ROE
138.1%
+250.6% 22-25
ROA
8.9%
-72.9% 22-25
Interest coverage
586.12
-55.7% 22-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€63k
Net profit€29k
Cash flow€48k
Staff costs-
Income taxes€16k
Dividends€270k
Total assets€329k
Equity€21k
Debt€308k
of which ≤ 1y€293k
of which > 1y-
Working capital€624
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.00
Quick ratio1.00
Working capital ratio0.2%
Solvency6.4%
Debt / equity14.53
Long-term debt ratio-
Interest coverage586.12
Gross margin-
Net margin-
ROA8.9%
ROE138.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€329k
Fixed assets 21/28€35k
Tangible fixed assets 22/27€35k
Current assets 29/58€294k
Amounts receivable within one year 40/41€28k
Cash & bank 54/58€265k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€329k
Equity 10/15€21k
Contributions / capital 10/11€10k
Reserves 13€11k
Accumulated profits (losses) 14€186
Amounts payable 17/49€308k
Amounts payable within one year 42/48€293k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€66k
Operating result 9901€45k
Financial income 75€245
Financial charges 65€108
Result before taxes 9903€45k
Income taxes 67/77€16k
Net result for the period 9904€29k
Result to be appropriated 9905€29k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
65 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Rue du Bois d'Apechau 191440 Braine-le-Château

Establishment units

1 location
EF EXPERTISE
Rue du Bois d'Apechau 19, 1440 Braine-le-ChâteauOverige gespecialiseerde wetenschappelijke en technische activiteiten
since 20222.327.204.105
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,579 m²
Buildings1
Building footprint201 m²
Volume (LiDAR)947 m³
Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015D0159/00K000 Wallonia 1,579 m² 1 · 201 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health65Profitability100Solvency15Growth32Stability94
61 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 65
Profitability 100
Solvency 15
Growth 32
Stability 94

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 724 of the 4,559 companies in this sector. 578 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999Praktijken van specialisten86220Activiteiten van medisch specialisten86220
Primary activity highlighted.
Names & trade names
Legal nameFR EF EXPERTISE
Registered office
Rue du Bois d'Apechau 19 bus C
1440 Braine-le-Château, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.