Equity
€63,212 ▲ 6.6%
Effem has made a profit without a break since 2022.
Effem
Part of the group
15 companies
Lifetime
7 annual accounts with figures on one time axispeak €198,189 (2024)
€181,042▼ 8.7%
lowest -€90,200 (2021)
€168,933▼ 11.1%
peak €63,212 (2025)
€63,212▲ 6.6%
€809,314▲ 118%
peak 0 FTE (2024)
-not published
Board12 names since 2019
3 directors and 2 others
Owners
100%
Documentsfilings and deeds
26-08-202626 days late
2025abbreviated format
Debts from €371,279 to €809,314Cash from €13,778 to €4,040
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The accounts state no turnover.
Debts
€809,314 93% of the balance sheet
Suppliers 2%Taxes and wages 1%Other 97%
Of this, €809,271 falls due within a year.
Filings
7 annual accounts 6 late
The 2019 accounts came latest: 89 days after the end of the period.
Board
3 joined · 3 left
Board changed. Latest change 21-09-2026 · 5 in office.
Position in the sector
€168,933
Higher net result than 85% of companies in real estate. Sector median €9,976 · 11,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 875 companies had the same profile as Effem has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 875 companies, not a prediction for Effem. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 22-06-2023
Director, , since 22-06-2023
Director
Director
Auditor,
- 100%score equity €169.5m (2025) · 2025 annual accounts of
Recent changes
Registered office moved from Jette to Brussels
New registered office: Place des Martyrs 13 te 1000 Brussel · Previous registered office: Burgemeester Etienne Demunterlaan 5 1090 Jette · Resignations: , and · General meeting of 21-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0729568672
Amendment of the articles
General meeting of 06-09-2024 · Gazette deed
Registered office moved from Sint-Martens-Latem to Jette
New registered office: Burgemeester Etienne Demunterlaan, 5 te 1090 Jette · Previous registered office: Kleine Reinaertdreef, 7 te 9830 Sint-Martens-Latem · Resignations: (director) and (director) · General meeting of 22-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Effem Brussels | €0.9m | €181,042 | 7.2% | - |
| PARDUYNS IMMOBILIERE Uccle | €1.0m | €182,628 | 78.4% | 0 |
| MILLIMMO Antwerp | €0.9m | €188,626 | 20.0% | - |
| PARABEL CONSULT Vilvoorde | €0.9m | €176,644 | 27.2% | - |
| STASSEN CO-WORKING Herve | €0.9m | €167,550 | 8.8% | 1 |
| BELGIUM INVEST & CONSULTING Sint-Pieters-Leeuw | €0.9m | €152,208 | 31.2% | - |
| LCD GROUP Charleroi | €0.9m | €229,623 | 43.6% | - |
These companies have the same main activity as Effem: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €897,000 and €1m, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 28-06-2019Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.292.028.2421090 Jette, since 28-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2026
Insights on Effem
Effem files the abbreviated format. That format states no turnover. The gross margin rose from €5,798 in 2019 to €181,042 in 2025.
The balance sheet grew most in 2020 through fixed assets, financed with long-term debt.
holds all the shares. In September 2026, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Effem
- What is the company number of Effem?
- The company number of Effem is 0729.568.672. The VAT number is the same number with BE in front: BE 0729.568.672.
- Where is Effem based?
- The registered office is at Martelaarsplein 13, 1000 Brussels.Company details
- What does Effem do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Effem?
- Effem is a private limited company (BV).
- When was Effem founded?
- Effem was founded on 28-06-2019.
- Is Effem still active?
- Yes, Effem is an active enterprise in the KBO register.
- What is the turnover of Effem?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €181,042 and 37 comparable companies (NACE 68203). It probably lies between €190,000 and €390,000.Financials
- Is Effem profitable?
- In financial year 2025, Effem made a profit of €168,933.
- Where can I find the annual accounts of Effem?
- Effem filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Effem due?
- Effem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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