Losses
-€8,424 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Expertiseburo
Lifetime
11 annual accounts with figures on one time axispeak €343,191 (2023)
€280,737▲ 9.7%
lowest -€37,071 (2019)
-€6,838▼ €5,252
peak €48,276 (2023)
€39,852▼ 14.6%
€127,762▲ 6.3%
peak 6.1 FTE (2020)
5 FTE▲ 6.4%
Board1 name since 2014
1 directorFrank Hellemond
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Loss of €6,838Equity from €46,690 to €39,852Cash from €5,821 to €30,981
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 28% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%highest value
01-2025: 0.6%▼ -1.4 percentage points vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025lowest value
03-2025: 0.6%● unchanged vs 02-2025lowest value
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025
08-2025: 1.3%▲ +0.4 percentage points vs 07-2025
09-2025: 1.1%▼ -0.2 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.2%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%▼ -0.4 percentage points vs 06-2026
08-2026: 1.3%▲ +0.6 percentage points vs 07-2026
09-2026: 0.8%▼ -0.5 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Size: 5 FTE, total assets €167,615
Equity €39,852 (23.8% of total assets)
lowers risk
Liquidity: current ratio 1.21, cash €30,981
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 44% of them on solvency, 24% on liquidity, 22% on profitability and 24% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as Expertiseburo has now. Each dot stands for 6 companies, two years later.
94.2%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Expertiseburo itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for Expertiseburo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (1.17 in 2024), below the usual 1.5. Short-term debt is 76.2% and cash 18.5% of total assets. 76.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,838
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
26 days late
2023
9 days late
2022
29 days late
2021
30 days early
2020
16 days late
2019
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0505921118
Registered office moved within Mechelen
New registered office: Van Busleydenstraat 5, 2800 Mechelen · Previous registered office: Schaliënhoevedreef 20 T, 2800 Mechelen · General meeting of 29-04-2024 · Gazette deed
Company renamed from Expertiseburo EVDP to Expertiseburo
General meeting of 16-11-2023 · Gazette deed
Registered office moved within Mechelen
New registered office: Schaliënhoevedreef 20T te 2800 Mechelen · Previous registered office: Milsenstraat 7, 2800 Mechelen · General meeting of 08-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Expertiseburo Mechelen | €167,615 | €280,737 | 23.8% | 5 |
| GEECIS Mol | €195,820 | €154,823 | 48.5% | 4 |
| HANS IMMO Antwerp | €306,530 | €421,412 | 27.6% | 6.2 |
| De Boer & Partners Hoogstraten Brasschaat | €310,682 | €388,466 | 21.9% | 3 |
| domoXim Boortmeerbeek | €323,043 | €467,101 | 44.1% | 4.3 |
| AGENCE IMMOBILIERE SOCIALE DU PAYS DE HERVE - A.S.B.L. Herve | €173,772 | €248,034 | 24.8% | 2.6 |
| IMMOBILIERE SONEGIENNE Soignies | €398,359 | €215,794 | 28.6% | 4.1 |
These companies have the same main activity as Expertiseburo: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €174,000 and €398,000, founded between 2010 and 2017.
Official details
Source: KBO- Status
- Active since 03-12-2014Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 9 others
- Establishment unit
- 2.237.511.9652800 Mechelen, since 01-01-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2026
Annual accounts 2025
- ≈ €690,000estimated
- €167,615▲ 0.5%
- Employeeson 31-12-2025
- 6=
- Filing
- Filed on 31-08-2026
Insights on Expertiseburo
Expertiseburo files the abbreviated format. That format states no turnover. The gross margin rose from €166,220 in 2015 to €280,737 in 2025.
The balance sheet grew most in 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Expertiseburo
- What is the company number of Expertiseburo?
- The company number of Expertiseburo is 0505.921.118. The VAT number is the same number with BE in front: BE 0505.921.118.
- Where is Expertiseburo based?
- The registered office is at Van Busleydenstraat 5, 2800 Mechelen.Company details
- What does Expertiseburo do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of Expertiseburo?
- Expertiseburo is a private limited company (BV).
- When was Expertiseburo founded?
- Expertiseburo was founded on 03-12-2014.
- Is Expertiseburo still active?
- Yes, Expertiseburo is an active enterprise in the KBO register.
- How many employees does Expertiseburo have?
- Expertiseburo had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Expertiseburo?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €280,737 and 30 comparable companies (NACE 683). It probably lies between €480,000 and €880,000.
- Is Expertiseburo profitable?
- In financial year 2025, Expertiseburo made a loss of €6,838.
- Where can I find the annual accounts of Expertiseburo?
- Expertiseburo filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Expertiseburo due?
- Expertiseburo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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