Expertiseburo
ActiveExpertiseburo has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-7k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-21
Solvency49▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.17 in 2024; short-term debt: 76.2% and cash: 18.5% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.8%
Return on assets
-4.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 €-7k
neutral · Filed after the deadline
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. 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
9 d late
2022
29 d late
2021
30 d early
2020
16 d late
2019
23 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▼ 14.6%
2024 · €47k
2018: €15k
2019: €-22k
2020: €16k
2021: €42k
2022: €45k
2023: €48k
2024: €47k
2018 → 2025
Total assets
€168k▲ 0.5%
2024 · €167k
2018: €528k
2019: €479k
2020: €486k
2021: €425k
2022: €406k
2023: €145k
2024: €167k
2018 → 2025
Net result
€-7k▼ 331%
2024 · €-2k
2018: €-2k
2019: €-37k
2020: €38k
2021: €27k
2022: €2k
2023: €24k
2024: €-2k
2018 → 2025
Working capital
€27k▲ 29.5%
2024 · €21k
2018: €-107k
2019: €-155k
2020: €-82k
2021: €-95k
2022: €-98k
2023: €27k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€45k▲ 5.2%€48k▲ 8.3%€47k▼ 3.3%€40k▼ 14.6%
Operating result€55k-€20k▼ 63.8%€54k▲ 170%€11k▼ 79.0%€13k▲ 15.8%
Net result€27k-€2k▼ 91.7%€24k▲ 969%€-2k€-7k▼ 331%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€13k▼ 51.3%
Current assets
€155k▲ 10.3%
Equity and liabilities €168k
Equity
€40k▼ 14.6%
Debt
€128k▲ 6.3%
The debt ratio rises from 72.0% to 76.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €26k
Cash flow
€-4k▼
2024 · €13k
Solvency
23.8%▼
2024 · 28.0%
Current ratio
1.21▲
2024 · 1.17
Quick ratio
1.21▲
2024 · 1.17
Debt / equity
3.21▲
2024 · 2.57
ROE
-17.2%▼
2024 · -3.4%
ROA
-4.1%▼
2024 · -1.0%
Interest coverage
1.07▼
2024 · 3.13
Debt
€128k▲
2024 · €120k
Debt ≤ 1 year
€128k▲
2024 · €119k
Income taxes
€5k▲
2024 · €5k
Staff costs
€262k▲
2024 · €223k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€167k€168k▲
Fixed assets21/28€27k€13k▼
Intangible fixed assets21€10k-
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€9k€8k▼
Current assets29/58€140k€155k▲
Amounts receivable within one year40/41€132k€124k▼
Trade receivables40€132k€123k▼
Other amounts receivable41€172€407▲
Cash at bank and in hand54/58€6k€31k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€167k€168k▲
Equity10/15€47k€40k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€28k€21k▼
Amounts payable17/49€120k€128k▲
Amounts payable within one year42/48€119k€128k▲
Current portion of amounts payable after more than one year42€9k€3k▼
Financial debts43-€30k
Credit institutions430/8-€30k
Trade debts44€25k€3k▼
Suppliers440/4€25k€3k▼
Taxes, remuneration and social security45€78k€88k▲
Taxes450/3€41k€55k▲
Remuneration and social security454/9€36k€34k▼
Other amounts payable47/48€8k€4k▼
Accrued charges and deferred income492/3€721-
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€223k€262k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€3k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€256k€281k▲
Operating profit (loss)9901€11k€13k▲
Financial income75/76B€22€139▲
Recurring financial income75€22€139▲
Financial charges65/66B€8k€15k▲
Recurring financial charges65€8k€15k▲
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€-2k€-7k▼
Profit (loss) for the period to be appropriated9905€-2k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€21k▼
Profit (loss) brought forward from the previous period14P€30k€28k▼
Social balance
Average headcount (FTE)90874.75.0▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 1.28
Current ratio from 0.39 to 1.28; short-term debt falls from €161k to €97k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mechelen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Busleydenstraat 52800 MechelenGround area
148 m²
Parcel 12025B0894/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Expertiseburo
since 20152.237.511.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025B0894/00C000 | Flanders | 148 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 2 entries · 2,751 EUR awarded · 2,751 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 591 EUR | 591 EUR |
| 2023 | 1 | 2,160 EUR | 2,160 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,672 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2014
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
82990Other business support services
55203Holiday cottages, homes and apartments
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.