Summary
ESTATES Partner is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €80,394 and a net result of €5,938. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 2464 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2464 sector peers (2025).
NBB · sector comparisonPosition among 2464 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
29 d early
2024
28 d early
2023
35 d late
2022
58 d late
2021
68 d early
2020
61 d late
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · 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. Usually files around 3 July (4 of the last 5 filed years within 64 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€80,394▲ 8.0%
2024 · €74,456
Net result
€5,938▲ 259%
2024 · €1,654
Total assets
€810,440▲ 1.6%
2024 · €797,398
Solvency
9.9%▲ 0.6pp
2024 · 9.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,179▼ 8.3%€34,101▲ 125%€10,680▼ 68.7%€26,361▲ 147%€34,474▲ 30.8%
Net result€9,335within the sector's middle half▲ 10.0%€23,176within the sector's middle half▲ 148%€3,745within the sector's middle half▼ 83.8%€1,654below the sector's middle half▼ 55.9%€5,938within the sector's middle half▲ 259%
Equity€45,882within the sector's middle half▲ 25.5%€69,057within the sector's middle half▲ 50.5%€72,802within the sector's middle half▲ 5.4%€74,456within the sector's middle half▲ 2.3%€80,394within the sector's middle half▲ 8.0%
Total assets€481,247within the sector's middle half▼ 3.4%€489,165within the sector's middle half▲ 1.6%€479,584within the sector's middle half▼ 2.0%€797,398above the sector's middle half▲ 66.3%€810,440above the sector's middle half▲ 1.6%
Debt€435,365▼ 5.7%€420,108▼ 3.5%€406,782▼ 3.2%€722,942▲ 77.7%€730,046▲ 1.0%
Working capital-€110,148below the sector's middle half▼ 1.4%-€103,506below the sector's middle half▲ 6.0%-€117,964below the sector's middle half▼ 14.0%-€130,167below the sector's middle half▼ 10.3%-€37,562below the sector's middle half▲ 71.1%
Solvency9.5%below the sector's middle half▲ 2.2pp14.1%below the sector's middle half▲ 4.6pp15.2%below the sector's middle half▲ 1.1pp9.3%below the sector's middle half▼ 5.8pp9.9%below the sector's middle half▲ 0.6pp
Current ratio0.09below the sector's middle half▼ 0.030.21below the sector's middle half▲ 0.120.18below the sector's middle half▼ 0.030.15below the sector's middle half▼ 0.030.49below the sector's middle half▲ 0.34
Return on assets (ROA)1.9%within the sector's middle half▲ 0.2pp4.7%within the sector's middle half▲ 2.8pp0.8%below the sector's middle half▼ 4.0pp0.2%below the sector's middle half▼ 0.6pp0.7%below the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €810,440
Fixed assets
€774,844 =
Current assets
€35,596 ▲ 57.6%
Equity and liabilities €810,440
Equity
€80,394 ▲ 8.0%
Debt
€730,046 ▲ 1.0%
Debt's share of the balance-sheet total falls from 90.7% to 90.1%. Equity and debt are higher.
Key figures and ratios
ROE
7.4%▲
2024 · 2.2%
Debt ≤ 1 year
€73,158▼
2024 · €152,754
Debt > 1 year
€653,338▲
2024 · €566,839
Income taxes
€1,379▲
2024 · €334
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,398 | €14,038 | €14,269 | €19,255 | €22,478 | ▲ 16.7% |
| Other operating charges640/8 | €870 | €2,594 | €9,068 | €10,731 | €1,536 | ▼ 85.7% |
| Gross operating margin9900 | €29,448 | €50,733 | €34,018 | €56,347 | €58,488 | ▲ 3.8% |
| Operating profit (loss)9901 | €15,179 | €34,101 | €10,680 | €26,361 | €34,474 | ▲ 30.8% |
| Financial income75/76B | - | €228 | - | €0 | - | - |
| Recurring financial income75 | - | €228 | - | €0 | - | - |
| Financial charges65/66B | €5,845 | €5,694 | €5,755 | €24,374 | €27,157 | ▲ 11.4% |
| Recurring financial charges65 | €5,845 | €5,694 | €5,755 | €24,374 | €27,157 | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €9,335 | €28,634 | €4,925 | €1,988 | €7,317 | ▲ 268% |
| Income taxes67/77 | - | €5,459 | €1,180 | €334 | €1,379 | ▲ 312% |
| Profit (loss) for the period9904 | €9,335 | €23,176 | €3,745 | €1,654 | €5,938 | ▲ 259% |
| Profit (loss) for the period to be appropriated9905 | €9,335 | €23,176 | €3,745 | €1,654 | €5,938 | ▲ 259% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €481,247 | €489,165 | €479,584 | €797,398 | €810,440 | ▲ 1.6% |
| Formation expenses20 | €163 | - | - | - | - | - |
| Fixed assets21/28 | €470,337 | €462,315 | €454,353 | €774,811 | €774,844 | = |
| Tangible fixed assets22/27 | €470,337 | €462,315 | €454,353 | €774,811 | €774,844 | = |
| Land and buildings22 | €470,337 | €459,215 | €452,028 | €773,261 | €774,069 | ▲ 0.1% |
| Furniture and vehicles24 | - | €3,100 | €2,325 | €1,550 | €775 | ▼ 50.0% |
| Current assets29/58 | €10,747 | €26,849 | €25,231 | €22,587 | €35,596 | ▲ 57.6% |
| Amounts receivable after more than one year29 | - | - | - | - | €16,180 | - |
| Trade receivables290 | - | - | - | - | €16,180 | - |
| Amounts receivable within one year40/41 | €9,978 | €24,296 | €16,966 | €18,180 | €3,786 | ▼ 79.2% |
| Trade receivables40 | - | €13,583 | - | - | €2,213 | - |
| Other amounts receivable41 | €9,978 | €10,713 | €16,966 | €18,180 | €1,572 | ▼ 91.4% |
| Cash at bank and in hand54/58 | €769 | €2,554 | €7,777 | €3,912 | €2,271 | ▼ 42.0% |
| Deferred charges and accrued income490/1 | - | - | €488 | €495 | €13,360 | ▲ 2,600% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €481,247 | €489,165 | €479,584 | €797,398 | €810,440 | ▲ 1.6% |
| Equity10/15 | €45,882 | €69,057 | €72,802 | €74,456 | €80,394 | ▲ 8.0% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €342 | €342 | €342 | €342 | €342 | = |
| Non-distributable reserves130/1 | €342 | €342 | €342 | €342 | €342 | = |
| Reserves not available under the articles1311 | €342 | €342 | €342 | €342 | €342 | = |
| Profit (loss) carried forward14 | -€4,461 | €18,715 | €22,460 | €24,114 | €30,052 | ▲ 24.6% |
| Amounts payable17/49 | €435,365 | €420,108 | €406,782 | €722,942 | €730,046 | ▲ 1.0% |
| Amounts payable after more than one year17 | €313,620 | €288,152 | €262,737 | €566,839 | €653,338 | ▲ 15.3% |
| Financial debts170/4 | €313,620 | €288,152 | €262,737 | €549,939 | €526,775 | ▼ 4.2% |
| Other amounts payable178/9 | - | - | - | €16,900 | €126,562 | ▲ 649% |
| Amounts payable within one year42/48 | €120,895 | €130,355 | €143,195 | €152,754 | €73,158 | ▼ 52.1% |
| Current portion of amounts payable after more than one year42 | €25,067 | €25,468 | €27,553 | €33,373 | €36,779 | ▲ 10.2% |
| Trade debts44 | €8,872 | €182 | €18,134 | €3,507 | €34,666 | ▲ 888% |
| Suppliers440/4 | €8,872 | €182 | €18,134 | €3,507 | €34,666 | ▲ 888% |
| Taxes, remuneration and social security45 | €1,001 | €6,640 | €6,639 | €1,514 | €1,713 | ▲ 13.1% |
| Taxes450/3 | €1,001 | €6,640 | €6,639 | €1,514 | €1,713 | ▲ 13.1% |
| Other amounts payable47/48 | €85,955 | €98,066 | €90,869 | €114,360 | - | - |
| Accrued charges and deferred income492/3 | €850 | €1,600 | €850 | €3,350 | €3,550 | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,335 | €23,176 | €3,745 | €1,654 | €5,938 | ▲ 259% |
| + Depreciation and write-downs630 | €13,398 | €14,038 | €14,269 | €19,255 | €22,478 | ▲ 16.7% |
| Operating cash flow (approximation) | €22,733 | €37,213 | €18,015 | €20,909 | €28,416 | ▲ 35.9% |
| Investment in fixed assets (approximation) | - | -€6,016 | -€6,307 | -€339,714 | -€22,510 | ▲ 93.4% |
| Change in cash | - | €1,785 | €5,223 | -€3,864 | -€1,642 | ▲ 57.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Highest result since 2018net €23,176 ▲148%
Net result €23,176, the highest in the series.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €8,487
Net result €8,487 after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet -€22,283
Net result drops to -€22,283, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
Ground area
200 m²
Building footprint
100 m²
Volume, LiDAR
772 m³
Parcel 11344A0493/00P005, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ESTATES Partner
since 20172.265.147.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0493/00P005 | Flanders | 200 m² | 1 · 100 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AXELANE
BE 0766.406.502
Watermaal-Bosvoorde · Eq €80,593
KANUK
BE 1023.145.013
Sint-Niklaas · Eq €80,993
YourExpert
BE 0795.521.447
Knokke-Heist · Eq €81,517
CARBUUR
BE 0780.402.711
Geel · Eq €81,599
MV-CONNECT
BE 0802.819.807
Meise · Eq €78,389
Of 592 companies in sector 66300 we hold annual accounts for 366. 224 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
66300Activities auxiliary to financial services and insurance activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
46442Wholesale trade
46494Wholesale of non-electrical household articles
46499Wholesale of other household goods
46900Non-specialised wholesale trade
47783Retail trade
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
73110Advertising agencies
77110Renting and leasing of cars and light motor vehicles
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676774146
Also
9925:BE0676774146
Registered
12-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.