EXPERTISECENTRUM
ActiveSummary
EXPERTISECENTRUM has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11,790 and a net result of €3,583. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▼-23
Solvency48▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.49 in 2023; short-term debt: 77.4% and cash: 25.1% of total assets), and 77.4% of the assets are financed with debt.
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Signals
Four 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
22.6%
Return on assets
6.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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
not confirmed
2024
46 d late
2023
48 d late
2022
28 d early
2021
45 d early
2020
25 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€11,790▲ 43.7%
2023 · €8,207
Total assets
€52,092▼ 14.4%
2023 · €60,884
Net result
€3,583▼ 85.6%
2023 · €24,805
Working capital
-€15,625▲ 42.4%
2023 · -€27,103
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€39,749▼ 1,920%-€16,502▲ 58.5%-€1,674▲ 89.9%€25,712€4,193▼ 83.7%
Net result-€38,366▼ 5,753%-€18,308▲ 52.3%-€3,275▲ 82.1%€24,805€3,583▼ 85.6%
Equity€4,985▼ 88.5%-€13,324-€16,598▼ 24.6%€8,207€11,790▲ 43.7%
Total assets€70,700▼ 15.0%€75,041▲ 6.1%€60,071▼ 20.0%€60,884▲ 1.4%€52,092▼ 14.4%
Debt€65,715▲ 65.0%€88,365▲ 34.5%€76,669▼ 13.2%€52,677▼ 31.3%€40,302▼ 23.5%
Working capital€3,945▼ 91.2%-€52,992-€47,576▲ 10.2%-€27,103▲ 43.0%-€15,625▲ 42.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 84% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,092
Fixed assets
€27,415 ▼ 22.4%
Current assets
€24,677 ▼ 3.5%
Equity and liabilities €52,092
Equity
€11,790 ▲ 43.7%
Debt
€40,302 ▼ 23.5%
Debt's share of the balance-sheet total falls from 86.5% to 77.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,088▼
2023 · €29,871
Cash flow
€11,479▼
2023 · €28,964
Current ratio
0.61▲
2023 · 0.49
Debt to equity
3.42▼
2023 · 6.42
ROE
30.4%▼
2023 · 302.3%
ROA
6.9%▼
2023 · 40.7%
Interest coverage
37.22▼
2023 · 78.85
Debt ≤ 1 year
€40,302▼
2023 · €52,677
Income taxes
€285▼
2023 · €533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 3,811 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €540 | €8,123 | €9,359 | €4,159 | €7,895 | ▲ 89.8% |
| Other operating charges640/8 | - | €678 | €694 | €299 | €491 | ▲ 64.1% |
| Gross operating margin9900 | -€38,650 | -€7,701 | €8,379 | €30,170 | €12,580 | ▼ 58.3% |
| Operating profit (loss)9901 | -€39,749 | -€16,502 | -€1,674 | €25,712 | €4,193 | ▼ 83.7% |
| Financial income75/76B | - | €10 | - | €6 | - | - |
| Recurring financial income75 | €1,825 | €10 | - | €6 | - | - |
| Financial charges65/66B | - | €1,258 | €926 | €379 | €325 | ▼ 14.3% |
| Recurring financial charges65 | €326 | €1,258 | €926 | €379 | €325 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | -€38,250 | -€17,750 | -€2,600 | €25,338 | €3,868 | ▼ 84.7% |
| Income taxes67/77 | €116 | €558 | €675 | €533 | €285 | ▼ 46.6% |
| Profit (loss) for the period9904 | -€38,366 | -€18,308 | -€3,275 | €24,805 | €3,583 | ▼ 85.6% |
| Profit (loss) for the period to be appropriated9905 | -€38,366 | -€18,308 | -€3,275 | €24,805 | €3,583 | ▼ 85.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70,700 | €75,041 | €60,071 | €60,884 | €52,092 | ▼ 14.4% |
| Fixed assets21/28 | €1,040 | €39,669 | €30,978 | €35,310 | €27,415 | ▼ 22.4% |
| Tangible fixed assets22/27 | €540 | €39,169 | €30,978 | €35,310 | €27,415 | ▼ 22.4% |
| Furniture and vehicles24 | - | €39,169 | €30,978 | €35,310 | €27,415 | ▼ 22.4% |
| Financial fixed assets28 | €500 | €500 | - | - | - | - |
| Current assets29/58 | €69,660 | €35,373 | €29,093 | €25,574 | €24,677 | ▼ 3.5% |
| Amounts receivable within one year40/41 | €61,766 | €25,101 | €20,315 | €7,261 | €11,330 | ▲ 56.0% |
| Trade receivables40 | - | €7,850 | €20,315 | €7,261 | €11,330 | ▲ 56.0% |
| Other amounts receivable41 | - | €17,251 | - | - | - | - |
| Cash at bank and in hand54/58 | €7,893 | €10,272 | €8,000 | €17,265 | €13,075 | ▼ 24.3% |
| Deferred charges and accrued income490/1 | - | - | €778 | €1,048 | €272 | ▼ 74.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70,700 | €75,041 | €60,071 | €60,884 | €52,092 | ▼ 14.4% |
| Equity10/15 | €4,985 | -€13,324 | -€16,598 | €8,207 | €11,790 | ▲ 43.7% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €24,801 | €24,801 | €24,801 | €24,801 | €24,801 | = |
| Non-distributable reserves130/1 | - | €1,897 | €1,897 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Other1319 | - | €42 | €42 | - | - | - |
| Distributable reserves133 | - | €22,904 | €22,904 | €24,801 | €24,801 | = |
| Profit (loss) carried forward14 | -€38,366 | -€56,674 | -€59,949 | -€35,144 | -€31,561 | ▲ 10.2% |
| Amounts payable17/49 | €65,715 | €88,365 | €76,669 | €52,677 | €40,302 | ▼ 23.5% |
| Amounts payable within one year42/48 | €65,715 | €88,365 | €76,669 | €52,677 | €40,302 | ▼ 23.5% |
| Trade debts44 | €18,080 | €4,315 | €10,887 | €6,466 | €7,381 | ▲ 14.1% |
| Suppliers440/4 | - | €4,315 | €10,887 | €6,466 | €7,381 | ▲ 14.1% |
| Taxes, remuneration and social security45 | - | €10,369 | €7,656 | €12,849 | €14,849 | ▲ 15.6% |
| Taxes450/3 | - | €10,369 | €7,656 | €6,150 | €5,358 | ▼ 12.9% |
| Remuneration and social security454/9 | - | - | - | €6,699 | €9,491 | ▲ 41.7% |
| Other amounts payable47/48 | - | €73,681 | €58,127 | €33,362 | €18,072 | ▼ 45.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€38,366 | -€18,308 | -€3,275 | €24,805 | €3,583 | ▼ 85.6% |
| + Depreciation and write-downs630 | €540 | €8,123 | €9,359 | €4,159 | €7,895 | ▲ 89.8% |
| Operating cash flow (approximation) | -€37,826 | -€10,186 | €6,084 | €28,964 | €11,479 | ▼ 60.4% |
| Investment in fixed assets (approximation) | - | -€46,752 | -€668 | -€8,491 | €0 | ▲ 100% |
| Change in cash | - | €2,379 | -€2,272 | €9,265 | -€4,191 | ▼ 145% |
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
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Back to profitnet €24,805
Net result €24,805 after 4 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€38,366
Net result drops to -€38,366, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 35 days late
2016
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Geel · 1 establishment unit since 1990
Ground area
406 m²
Building footprint
109 m²
Volume, LiDAR
781 m³
Parcel 13008H1244/00A002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stalpaart 37, 2440 Geel
since 19902.049.136.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H1244/00A002 | Flanders | 406 m² | 1 · 109 m² | 10.6 m · 3 fl. |
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.
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DURAY KEVIN
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Welcome Immobilière
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Of 1,530 companies in sector 68322 we hold annual accounts for 741. 350 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
Founded28-05-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68322Real estate appraisal on a fee or contract basis
33130Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
46180Agents specialised in the wholesale of other particular products
62100Computer programming
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95313Repair and fitting of specific motor vehicle parts
Contact
Phone
014 734 534
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440742957
Also
9925:BE0440742957
Registered
29-08-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.