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Ekspert

Active
Private limited company (pre-2019)founded 2017active for 8 yearsKBO/BCE: BE 0686.544.719
Summary

The computed 12-month bankruptcy probability of Ekspert is 14.0% (high). For Ekspert, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €58,647 and a net result of -€49,143. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 48% of 8,163 sector peers (NACE 73, financial year 2023). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 20 October 2026.

Turnover
€121,950▲ 1.1%
2020 · €120,588
EBIT margin
14.2%▼ 19.0pp
2020 · 33.1%
Net result
-€49,143
2022 · €19,411
Working capital
€57,693▼ 46.5%
2022 · €107,790
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result turns negative in 2023: a loss of €55,108 after €24,531 in 2022, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€121,950 2021 Operating result-€55,108 2023 Net result-€49,143 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Turnover€120,588€121,950▲ 1.1%
Operating result€29,990-€49,563▲ 65.3%€39,961▼ 19.4%€17,266▼ 56.8%€24,531▲ 42.1%-€55,108
Net result€18,054-€35,188▲ 94.9%€22,312within the sector's middle half▼ 36.6%€9,848within the sector's middle half▼ 55.9%€19,411within the sector's middle half▲ 97.1%-€49,143below the sector's middle half
EBIT margin33.1%14.2%▼ 19.0pp
Equity€24,254-€58,643▲ 142%€79,331within the sector's middle half▲ 35.3%€88,379within the sector's middle half▲ 11.4%€107,790within the sector's middle half▲ 22.0%€58,647within the sector's middle half▼ 45.6%
Total assets€39,749-€80,406▲ 102%€97,922within the sector's middle half▲ 21.8%€119,782within the sector's middle half▲ 22.3%€135,161within the sector's middle half▲ 12.8%€113,657within the sector's middle half▼ 15.9%
Debt€15,495-€21,764▲ 40.5%€18,591▼ 14.6%€31,403▲ 68.9%€27,371▼ 12.8%€55,010▲ 101%
Working capital€23,206-€50,802▲ 119%€75,672within the sector's middle half▲ 49.0%€88,379within the sector's middle half▲ 16.8%€107,790within the sector's middle half▲ 22.0%€57,693within the sector's middle half▼ 46.5%
Solvency61.0%-72.9%▲ 11.9pp81.0%above the sector's middle half▲ 8.1pp73.8%within the sector's middle half▼ 7.2pp79.7%above the sector's middle half▲ 6.0pp51.6%within the sector's middle half▼ 28.1pp
Current ratio2.50-3.33▲ 0.845.07above the sector's middle half▲ 1.743.81within the sector's middle half▼ 1.264.94above the sector's middle half▲ 1.122.05within the sector's middle half▼ 2.89
Return on assets (ROA)45.4%-43.8%▼ 1.7pp22.8%above the sector's middle half▼ 21.0pp8.2%within the sector's middle half▼ 14.6pp14.4%within the sector's middle half▲ 6.1pp-43.2%below the sector's middle half▼ 57.6pp
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €113,657
Fixed assets €954
Current assets €112,703
Equity and liabilities €113,657
Equity €58,647 ▼ 45.6%
Debt €55,010 ▲ 101%
Debt's share of the balance-sheet total rises from 20.3% to 48.4%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€54,631
Cash flow
-€48,666
Debt to equity
0.94▲
2022 · 0.25
ROE
-83.8%▼
2022 · 18.0%
Interest coverage
11.22
Debt ≤ 1 year
€55,010▲
2022 · €27,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€135,161€113,657▼
Fixed assets21/28-€954
Tangible fixed assets22/27-€954
Plant, machinery and equipment23-€954
Current assets29/58€135,161€112,703▼
Amounts receivable within one year40/41€103,269€102,704▼
Trade receivables40€9,566-
Other amounts receivable41€93,703€102,704▲
Cash at bank and in hand54/58€25,403€2,000▼
Deferred charges and accrued income490/1€6,488€7,999▲
Equity and liabilities
Total equity and liabilities10/49€135,161€113,657▼
Equity10/15€107,790€58,647▼
Contributions10/11€6,200€6,200=
Reserves13€101,590€101,590=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€99,730€99,730=
Profit (loss) carried forward14--€49,143
Amounts payable17/49€27,371€55,010▲
Amounts payable within one year42/48€27,371€55,010▲
Trade debts44-€18,282
Suppliers440/4-€18,282
Taxes, remuneration and social security45€27,371€36,729▲
Taxes450/3€27,371€36,729▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€477
Other operating charges640/8€631€32,801▲
Gross operating margin9900€25,162-€21,829▼
Operating profit (loss)9901€24,531-€55,108▼
Financial income75/76B€6,178€1,096▼
Recurring financial income75€6,178€1,096▼
Financial charges65/66B--€4,868
Recurring financial charges65--€4,868
Profit (loss) for the period before taxes9903€30,709-€49,143▼
Income taxes67/77€11,298-
Profit (loss) for the period9904€19,411-€49,143▼
Profit (loss) for the period to be appropriated9905€19,411-€49,143▼
Appropriation of the result
Profit (loss) to be appropriated9906€19,411-€49,143▼
Transfer to equity691/2€19,411-
To other reserves6921€19,411-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Turnover70--€120,588€121,950---
Goods, raw materials, services and sundry goods60/61---€109,645---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€524€4,183€4,183€3,658-€477-
Other operating charges640/8---€2,662€631€32,801▲ 5,098%
Gross operating margin9900€31,305€54,630€44,592€23,586€25,162-€21,829-
Operating profit (loss)9901€29,990€49,563€39,961€17,266€24,531-€55,108-
Financial income75/76B---€1,002€6,178€1,096▼ 82.3%
Recurring financial income75€239€38€0€1,002€6,178€1,096▼ 82.3%
Financial charges65/66B------€4,868-
Recurring financial charges65€56-€65---€4,868-
Profit (loss) for the period before taxes9903€30,172€50,194€39,897€18,268€30,709-€49,143-
Income taxes67/77€12,118€15,006€17,585€8,420€11,298--
Profit (loss) for the period9904€18,054€35,188€22,312€9,848€19,411-€49,143-
Profit (loss) for the period to be appropriated9905€18,054€35,188€22,312€9,848€19,411-€49,143-
Line201820192020202120222023Change
Assets
Total assets20/58€39,749€80,406€97,922€119,782€135,161€113,657▼ 15.9%
Fixed assets21/28€1,048€7,841€3,658--€954-
Tangible fixed assets22/27€1,048€7,841€3,658--€954-
Plant, machinery and equipment23-----€954-
Current assets29/58€38,701€72,565€94,264€119,782€135,161€112,703▼ 16.6%
Amounts receivable within one year40/41€5,911€22,589€33,491€106,244€103,269€102,704▼ 0.5%
Trade receivables40---€12,100€9,566--
Other amounts receivable41---€94,144€93,703€102,704▲ 9.6%
Cash at bank and in hand54/58€16,206€49,976€46,667€13,538€25,403€2,000▼ 92.1%
Deferred charges and accrued income490/1----€6,488€7,999▲ 23.3%
Equity and liabilities
Total equity and liabilities10/49€39,749€80,406€97,922€119,782€135,161€113,657▼ 15.9%
Equity10/15€24,254€58,643€79,331€88,379€107,790€58,647▼ 45.6%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200=
Reserves13€18,054€52,443€73,131€82,179€101,590€101,590=
Non-distributable reserves130/1---€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860=
Distributable reserves133---€80,319€99,730€99,730=
Profit (loss) carried forward14------€49,143-
Amounts payable17/49€15,495€21,764€18,591€31,403€27,371€55,010▲ 101%
Amounts payable within one year42/48€15,495€21,764€18,591€31,403€27,371€55,010▲ 101%
Trade debts44-€8,640-€5,158-€18,282-
Suppliers440/4---€5,158-€18,282-
Taxes, remuneration and social security45---€26,246€27,371€36,729▲ 34.2%
Taxes450/3---€26,246€27,371€36,729▲ 34.2%
Line201820192020202120222023Change
Profit (loss) for the period9904€18,054€35,188€22,312€9,848€19,411-€49,143-
+ Depreciation and write-downs630€524€4,183€4,183€3,658-€477-
Operating cash flow (approximation)€18,578€39,371€26,495€13,506€19,411-€48,666-
Investment in fixed assets (approximation)--€10,975€0----
Change in cash-€33,770-€3,310-€33,129€11,865-€23,403-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2023 micro format 17-09-2024 2024-00462920
31-12-2022 micro format 17-09-2024 2024-00462918
31-12-2021 micro format 17-10-2022 2022-20462742
31-12-2020 micro format 26-10-2021 2021-73100584
31-12-2019 micro format 10-09-2020 2020-52200397
31-12-2018 micro format 04-10-2019 2019-68400565

Similar companies · same sector, comparable size

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.