EXPERT PLUS
ActiveSummary
EXPERT PLUS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135,586 and a net result of €90,893. Equity is growing by ~142.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 9527 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency86▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 3.02 against 2.52 in 2023; short-term debt: 28.1% and cash: 62.5% of total assets), and 38.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
7 d late
2022
50 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€31,647
EBIT margin
31.3%
Net result
€90,893▲ 151%
2023 · €36,225
Working capital
€125,463▲ 200%
2023 · €41,867
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line202220232024
Turnover€31,647-
Operating result€9,910-€48,126▲ 386%€118,791▲ 147%
Net result€6,469within the sector's middle half-€36,225within the sector's middle half▲ 460%€90,893above the sector's middle half▲ 151%
EBIT margin31.3%-
Equity€8,469below the sector's middle half-€44,694within the sector's middle half▲ 428%€135,586within the sector's middle half▲ 203%
Total assets€52,075below the sector's middle half-€78,146within the sector's middle half▲ 50.1%€221,707within the sector's middle half▲ 184%
Debt€43,606-€33,452▼ 23.3%€86,120▲ 157%
Working capital€2,618within the sector's middle half-€41,867within the sector's middle half▲ 1,499%€125,463above the sector's middle half▲ 200%
Solvency16.3%within the sector's middle half-57.2%within the sector's middle half▲ 40.9pp61.2%within the sector's middle half▲ 4.0pp
Current ratio1.08within the sector's middle half-2.52within the sector's middle half▲ 1.443.02within the sector's middle half▲ 0.50
Return on assets (ROA)12.4%within the sector's middle half-46.4%above the sector's middle half▲ 33.9pp41.0%above the sector's middle half▼ 5.4pp
Staff (FTE)0.3
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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 has risen two years in a row; 2024 is 147% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €221,707
Fixed assets
€34,032 ▲ 293%
Current assets
€187,675 ▲ 170%
Equity and liabilities €221,707
Equity
€135,586 ▲ 203%
Debt
€86,120 ▲ 157%
Debt's share of the balance-sheet total falls from 42.8% to 38.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123,267▲
2023 · €54,826
Cash flow
€95,369▲
2023 · €42,925
Debt to equity
0.64▼
2023 · 0.75
ROE
67.0%▼
2023 · 81.1%
Interest coverage
27.42▼
2023 · 47.86
Debt ≤ 1 year
€62,211▲
2023 · €27,621
Debt > 1 year
€23,909▲
2023 · €5,831
Income taxes
€23,403▲
2023 · €10,755
Staff costs
€490▼
2023 · €2,977
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €31,647 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €15,742 | - | - | - |
| Remuneration, social security and pensions62 | €147 | €2,977 | €490 | ▼ 83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,142 | €6,700 | €4,476 | ▼ 33.2% |
| Other operating charges640/8 | €2,701 | €2,749 | €5,274 | ▲ 91.9% |
| Gross operating margin9900 | €17,901 | €60,552 | €129,032 | ▲ 113% |
| Operating profit (loss)9901 | €9,910 | €48,126 | €118,791 | ▲ 147% |
| Financial income75/76B | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | €264 | €1,145 | €4,495 | ▲ 292% |
| Recurring financial charges65 | €264 | €1,145 | €4,495 | ▲ 292% |
| Profit (loss) for the period before taxes9903 | €9,646 | €46,980 | €114,296 | ▲ 143% |
| Income taxes67/77 | €3,178 | €10,755 | €23,403 | ▲ 118% |
| Profit (loss) for the period9904 | €6,469 | €36,225 | €90,893 | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | €6,469 | €36,225 | €90,893 | ▲ 151% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €52,075 | €78,146 | €221,707 | ▲ 184% |
| Formation expenses20 | €0 | €0 | - | - |
| Fixed assets21/28 | €15,358 | €8,658 | €34,032 | ▲ 293% |
| Intangible fixed assets21 | €827 | €627 | - | - |
| Tangible fixed assets22/27 | €14,532 | €8,032 | €29,797 | ▲ 271% |
| Plant, machinery and equipment23 | - | - | €3,812 | - |
| Furniture and vehicles24 | €14,532 | €8,032 | €25,985 | ▲ 224% |
| Financial fixed assets28 | - | - | €4,235 | - |
| Current assets29/58 | €36,717 | €69,488 | €187,675 | ▲ 170% |
| Amounts receivable within one year40/41 | €28,883 | €27,579 | €48,553 | ▲ 76.1% |
| Trade receivables40 | €28,883 | €27,499 | €48,553 | ▲ 76.6% |
| Other amounts receivable41 | - | €80 | - | - |
| Cash at bank and in hand54/58 | €7,834 | €41,416 | €138,479 | ▲ 234% |
| Deferred charges and accrued income490/1 | - | €493 | €643 | ▲ 30.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €52,075 | €78,146 | €221,707 | ▲ 184% |
| Equity10/15 | €8,469 | €44,694 | €135,586 | ▲ 203% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | €42,694 | €133,586 | ▲ 213% |
| Distributable reserves133 | - | €42,694 | €133,586 | ▲ 213% |
| Profit (loss) carried forward14 | €6,469 | - | - | - |
| Amounts payable17/49 | €43,606 | €33,452 | €86,120 | ▲ 157% |
| Amounts payable after more than one year17 | €9,507 | €5,831 | €23,909 | ▲ 310% |
| Financial debts170/4 | €9,507 | €5,831 | €23,909 | ▲ 310% |
| Amounts payable within one year42/48 | €34,099 | €27,621 | €62,211 | ▲ 125% |
| Current portion of amounts payable after more than one year42 | €3,925 | €4,123 | €5,508 | ▲ 33.6% |
| Trade debts44 | €17,754 | €773 | €3,610 | ▲ 367% |
| Suppliers440/4 | €17,754 | €773 | €3,610 | ▲ 367% |
| Taxes, remuneration and social security45 | €9,044 | €18,959 | €36,373 | ▲ 91.8% |
| Taxes450/3 | €9,044 | €18,959 | €34,873 | ▲ 83.9% |
| Remuneration and social security454/9 | - | - | €1,500 | - |
| Other amounts payable47/48 | €3,376 | €3,765 | €16,720 | ▲ 344% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,469 | €36,225 | €90,893 | ▲ 151% |
| + Depreciation and write-downs630 | €5,142 | €6,700 | €4,476 | ▼ 33.2% |
| Operating cash flow (approximation) | €11,611 | €42,925 | €95,369 | ▲ 122% |
| Investment in fixed assets (approximation) | - | €0 | -€29,850 | - |
| Change in cash | - | €33,582 | €97,063 | ▲ 189% |
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
2026
24-09
State Gazette act
General meeting · Registered-office moveDirector in office3 facts ▸
State Gazette act
General meeting · Registered-office move
Director in office3 facts ▸
- General meeting, 01-09-2026
- Registered-office move, Kempische Steenweg 311 bus 2.10 - 3500 Hasselt
- Director in office, Hamdi Ulukoylu (director)
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-12
Financial
Highest result since 2022net €90,893 ▲151%
Operating result €118,791, net result €90,893, both a record.
31-12
Financial
Equity above €100,000Eq €135,586 ▲203%
3 profitable years in a row build equity to €135,586.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.52
Current ratio from 1.08 to 2.52; short-term debt falls from €34,099 to €27,621.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2022
Ground area
9,312 m²
Building footprint
4,720 m²
Volume, LiDAR
69,542 m³
2 parcels, Flanders · tallest building 31.0 m, ±6 floors. Linked by address, not a title deed.
53
companies at this address
See who is registered here
1 establishment unit
EXPERT PLUS
since 20222.327.898.644
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0597/00A000 | Flanders | 5,107 m² | 1 · 995 m² | 6.8 m · 2 fl. |
| 71322A0540/00D003 | Flanders | 4,205 m² | 1 · 3,726 m² | 31.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 4,687 EUR awarded · 4,687 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 734 EUR | 734 EUR |
| 2024 | 1 | 1,352 EUR | 1,352 EUR |
| 2023 | 1 | 2,601 EUR | 2,601 EUR |
Similar companies · same sector, comparable size
MEONCO
BE 0783.620.834
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STRATEEG HR
BE 0755.713.043
Roeselare · Eq €135,376
PRAGMAT
BE 0878.081.513
Schilde · Eq €135,369
Raoul
BE 1003.468.364
Kortrijk · Eq €135,859
INFIRMIER FROSINI G.
BE 0500.915.225
Beaumont · Eq €135,974
Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,586 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
Founded18-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
82100Office administrative and support services
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82910Office administrative, office support and other business support activities
Contact
E-mail
info@expertplus.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782373987
Also
9925:BE0782373987
Registered
30-08-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.