EFRA - Financial Reporting Advisory
ActiveSummary
EFRA - Financial Reporting Advisory has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €339,433 and a net result of €17,876. Equity has been growing by about 9.3% per year since 2020. Its solvency ranks better than 94% of 304 sector peers (NACE 82, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-06-2018 Normal situation
- Activity
- Other business support services NACE 82990
- Establishment unit
- 2.276.708.873 9300 Aalst, since 15-06-2018
- Financial year end
- 31 March
- Peppol
- Reachable since 19-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €36,877
- ▼ 5.0%
- Turnover
- ≈ €91,000
- estimated
- Profit
- €17,876
- ▼ 8.8%
- Equity
- €339,433
- ▲ 5.6%
- Total assets
- €362,735
- ▼ 27.2%
Score breakdownlowers riskLiquidity: current ratio 22.40, cash €74,837, halvedSector: Office administrative, office support and other business support activities (NACE 82)Equity €339,433 (93.6% of total assets)Figures for financial year 2026 (filed on 22-09-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 70% on liquidity, 45% on profitability and 50% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: Fouad ELOUCH, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as EFRA - Financial Reporting Advisory: other business support services (NACE 82990). They are comparable in size and age: total assets between €297,000 and €434,000, founded between 2016 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| EFRA - Financial Reporting Advisory Aalst | €362,735 | €36,877 |
| La Grande Salle Bizness & Co Verviers | €356,090 | €35,312 |
| VADECRO Ieper | €422,705 | €39,000 |
| IMMO CLIJSTERS Bree | €434,464 | €35,077 |
| Desro Wevelgem | €343,736 | €29,060 |
| GO SMART REPAIR CENTERS Aalst | €297,261 | €23,958 |
| Iwein Buyse Management Zottegem | €397,514 | €40,361 |
Key facts about EFRA - Financial Reporting Advisory
- What is the company number of EFRA - Financial Reporting Advisory?
- The company number of EFRA - Financial Reporting Advisory is 0697.831.460. The VAT number is the same number with BE in front: BE 0697.831.460.
- Where is EFRA - Financial Reporting Advisory based?
- The registered office is at Ouden Dendermondse steenweg 355, 9300 Aalst.Company details
- What does EFRA - Financial Reporting Advisory do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of EFRA - Financial Reporting Advisory?
- The legal form of EFRA - Financial Reporting Advisory is Private limited company (BV).
- When was EFRA - Financial Reporting Advisory founded?
- EFRA - Financial Reporting Advisory was founded on 12-06-2018.
- Is EFRA - Financial Reporting Advisory still active?
- Yes, EFRA - Financial Reporting Advisory is an active enterprise in the KBO register.
- What is the turnover of EFRA - Financial Reporting Advisory?
- The turnover in financial year 2026 is ≈ €91,000. This figure is estimated from the gross margin of €36,877 and 42 comparable companies (NACE 82990). It probably lies between €57,000 and €120,000. In financial year 2020 turnover was €242,560.Financials
- Is EFRA - Financial Reporting Advisory profitable?
- In financial year 2026, EFRA - Financial Reporting Advisory made a profit of €17,876.
- Where can I find the annual accounts of EFRA - Financial Reporting Advisory?
- EFRA - Financial Reporting Advisory filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of EFRA - Financial Reporting Advisory due?
- EFRA - Financial Reporting Advisory must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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