EXPERT-IVE
Dissolution or liquidationSummary
The KBO register records for EXPERT-IVE the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €11,092 and a net result of €8,586.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-08-2021, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
9 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Insulation installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€11,092▲ 343%
2019 · €2,506
Total assets
€38,501▲ 94.4%
2019 · €19,806
Net result
€8,586▲ 1,596%
2019 · €506
Working capital
€11,698▲ 43.7%
2019 · €8,142
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20192020
Operating result-€251-€10,968
Net result€506-€8,586within the sector's middle half▲ 1,596%
Equity€2,506-€11,092below the sector's middle half▲ 343%
Total assets€19,806-€38,501below the sector's middle half▲ 94.4%
Debt€17,300-€27,409▲ 58.4%
Working capital€8,142-€11,698within the sector's middle half▲ 43.7%
Solvency12.7%-28.8%within the sector's middle half▲ 16.2pp
Current ratio1.79-1.57within the sector's middle half▼ 0.22
Return on assets (ROA)2.6%-22.3%above the sector's middle half▲ 19.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result returns to profit in 2020: €10,968 after a loss of €251 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €38,501
Fixed assets
€6,394 ▲ 369%
Current assets
€32,107 ▲ 74.1%
Equity and liabilities €38,501
Equity
€11,092 ▲ 343%
Debt
€27,409 ▲ 58.4%
Debt's share of the balance-sheet total falls from 87.3% to 71.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,455▲
2019 · €806
Cash flow
€10,074▲
2019 · €1,563
Debt to equity
0.63▼
2019 · 2.79
ROE
77.4%▲
2019 · 20.2%
Debt ≤ 1 year
€20,409▲
2019 · €10,300
Debt > 1 year
€7,000=
2019 · €7,000
Income taxes
€2,186▲
2019 · €338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,057 | €1,488 | ▲ 40.7% |
| Gross operating margin9900 | €5,533 | €13,535 | ▲ 145% |
| Operating profit (loss)9901 | -€251 | €10,968 | ▲ 4,474% |
| Recurring financial income75 | €453 | €1 | ▼ 99.8% |
| Recurring financial charges65 | €152 | €196 | ▲ 29.4% |
| Profit (loss) for the period before taxes9903 | €844 | €10,772 | ▲ 1,176% |
| Income taxes67/77 | €338 | €2,186 | ▲ 547% |
| Profit (loss) for the period9904 | €506 | €8,586 | ▲ 1,596% |
| Profit (loss) for the period to be appropriated9905 | €506 | €8,586 | ▲ 1,596% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,806 | €38,501 | ▲ 94.4% |
| Fixed assets21/28 | €1,364 | €6,394 | ▲ 369% |
| Tangible fixed assets22/27 | €1,364 | €6,394 | ▲ 369% |
| Current assets29/58 | €18,442 | €32,107 | ▲ 74.1% |
| Amounts receivable within one year40/41 | €15,083 | €21,154 | ▲ 40.3% |
| Cash at bank and in hand54/58 | €3,215 | €10,531 | ▲ 228% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,806 | €38,501 | ▲ 94.4% |
| Equity10/15 | €2,506 | €11,092 | ▲ 343% |
| Contributions10/11 | €2,000 | - | - |
| Reserves13 | €500 | €500 | = |
| Profit (loss) carried forward14 | €6 | €8,592 | ▲ 136,937% |
| Amounts payable17/49 | €17,300 | €27,409 | ▲ 58.4% |
| Amounts payable after more than one year17 | €7,000 | €7,000 | = |
| Amounts payable within one year42/48 | €10,300 | €20,409 | ▲ 98.1% |
| Trade debts44 | €8,856 | €14,976 | ▲ 69.1% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €506 | €8,586 | ▲ 1,596% |
| + Depreciation and write-downs630 | €1,057 | €1,488 | ▲ 40.7% |
| Operating cash flow (approximation) | €1,563 | €10,074 | ▲ 544% |
| Investment in fixed assets (approximation) | - | -€6,518 | - |
| Change in cash | - | €7,317 | - |
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
2021
22-10
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise du Hainaut, division Charleroi · event 18-10-2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Seneffe
Ground area
1,063 m²
Building footprint
185 m²
Parcel 52003A0312/00S002, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52003A0312/00S002 | Wallonia | 1,063 m² | 1 · 185 m² | - |
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
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KCP Design
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I.N. Performance
BE 0784.803.442
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TRAVAUX D'ISOLATION DU BATIMENT
BE 0431.254.674
Ukkel · Eq €11,327
Of 4,269 companies in sector 43230 we hold annual accounts for 1,241. 733 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 (pre-2019)
Founded09-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
41001General construction of residential buildings
43310Plastering work
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.