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EXPERT PAINTS

Active
Private limited companyfounded 2024active for 2 yearsDorpstraat 331, 3061 Bertem, Belgium31 active companies are registered at this addressKBO/BCE: BE 1011.775.821

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

EXPERT PAINTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,068 and a net result of €5,068. Its solvency ranks better than 39% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485102.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
abbreviated format
Reference
2026-00485102
Turnover
€434,484
EBIT margin
1.7%
Net result
€5,068
Working capital
€7,116
Balance-sheet composition
Assets €46,216
Fixed assets €1,952
Current assets €44,264
Equity and liabilities €46,216
Equity €9,068
Debt €37,148
Debt finances 80.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,891
Cash flow
€5,440
Current ratio
1.19
Debt to equity
4.10
ROE
55.9%
ROA
11.0%
Interest coverage
7.51
Debt ≤ 1 year
€37,148
Income taxes
€1,400
Staff costs
€354

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€46,216
Fixed assets21/28€1,952
Tangible fixed assets22/27€1,760
Furniture and vehicles24€1,760
Financial fixed assets28€192
Current assets29/58€44,264
Amounts receivable within one year40/41€29,594
Trade receivables40€28,962
Other amounts receivable41€632
Cash at bank and in hand54/58€12,420
Deferred charges and accrued income490/1€2,250
Equity and liabilities
Total equity and liabilities10/49€46,216
Equity10/15€9,068
Contributions10/11€4,000
Profit (loss) carried forward14€5,068
Amounts payable17/49€37,148
Amounts payable within one year42/48€37,148
Trade debts44€35,748
Suppliers440/4€35,748
Taxes, remuneration and social security45€1,400
Taxes450/3€1,400
Income statement Code2025
Turnover70€434,484
Goods, raw materials, services and sundry goods60/61€425,729
Remuneration, social security and pensions62€354
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372
Other operating charges640/8€810
Gross operating margin9900€9,055
Operating profit (loss)9901€7,520
Financial charges65/66B€1,051
Recurring financial charges65€1,051
Profit (loss) for the period before taxes9903€6,468
Income taxes67/77€1,400
Profit (loss) for the period9904€5,068
Profit (loss) for the period to be appropriated9905€5,068
Appropriation of the result
Profit (loss) to be appropriated9906€5,068

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Turnover70€434,484
Goods, raw materials, services and sundry goods60/61€425,729
Remuneration, social security and pensions62€354
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372
Other operating charges640/8€810
Gross operating margin9900€9,055
Operating profit (loss)9901€7,520
Financial charges65/66B€1,051
Recurring financial charges65€1,051
Profit (loss) for the period before taxes9903€6,468
Income taxes67/77€1,400
Profit (loss) for the period9904€5,068
Profit (loss) for the period to be appropriated9905€5,068
Line2025
Assets
Total assets20/58€46,216
Fixed assets21/28€1,952
Tangible fixed assets22/27€1,760
Furniture and vehicles24€1,760
Financial fixed assets28€192
Current assets29/58€44,264
Amounts receivable within one year40/41€29,594
Trade receivables40€28,962
Other amounts receivable41€632
Cash at bank and in hand54/58€12,420
Deferred charges and accrued income490/1€2,250
Equity and liabilities
Total equity and liabilities10/49€46,216
Equity10/15€9,068
Contributions10/11€4,000
Profit (loss) carried forward14€5,068
Amounts payable17/49€37,148
Amounts payable within one year42/48€37,148
Trade debts44€35,748
Suppliers440/4€35,748
Taxes, remuneration and social security45€1,400
Taxes450/3€1,400
Line2025
Profit (loss) for the period9904€5,068
+ Depreciation and write-downs630€372
Operating cash flow (approximation)€5,440

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 (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00485102 NBB

Similar companies · same sector, comparable size

Of the 1,269 active companies whose main activity is development of non-residential building projects (NACE 68122), figures are known for 914. 274 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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