Expertum
The computed 12-month bankruptcy probability of Expertum is 2.9% (moderate). The 2024 annual accounts show negative equity (€-265k) and a net result of €-179k. Equity is shrinking by ~167.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 87 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-265k |
| Net result | €-179k |
| Staff (FTE) | 2.2 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1824.6% | 21.9% | |
| Net result | €-179k | €17k | |
| Equity | €-265k | €123k | |
| Gross operating margin | €-25k | €318k | |
| Staff costs | €120k | €1.09M |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-179k |
| Cash flow | - |
| Staff costs | €120k |
| Income taxes | €350 |
| Dividends | - |
| Total assets | €15k |
| Equity | €-265k |
| Debt | €279k |
| of which ≤ 1y | €279k |
| of which > 1y | - |
| Working capital | €-267k |
| Employees (FTE) | 2.2 |
| 2024 | |
|---|---|
| Current ratio | 0.04 |
| Quick ratio | 0.04 |
| Working capital ratio | -1842.3% |
| Solvency | -1824.6% |
| Debt / equity | -1.05 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1235.0% |
| ROE | 67.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €15k |
| Fixed assets | 21/28 | €3k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €12k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €15k |
| Equity | 10/15 | €-265k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-315k |
| Amounts payable | 17/49 | €279k |
| Amounts payable within one year | 42/48 | €279k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-25k |
| Operating result | 9901 | €-159k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €20k |
| Result before taxes | 9903 | €-179k |
| Income taxes | 67/77 | €350 |
| Net result for the period | 9904 | €-179k |
| Result to be appropriated | 9905 | €-179k |
| NACE primary | 78100 |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2022 |
| Status | Active |
| Postal code | 3600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0965/00E010 | Flanders | 1.1 ha | 1 · 2,233 m² | 9.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-10-2025 Olaf Janssen reappointed as statutory auditor
- Olaf Janssen, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Olaf Janssen",
"address": null,
"birth_date": null,
"profession": "bedrijfsrevisor",
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": null,
"name": "EY Bedrijfsrevisoren",
"address": "Kempische Steenweg 307 bus 5.1, 3500 Hasselt",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering herbenoemt als commissaris van de vennootschap: EY Bedrijfsrevisoren, de ondememing met de rechtsvorm van een BV, met maatschappelijke zetel te Kempische Steenweg 307 bus 5.1, 3500 Hasselt, die zal vertegenwoordigd worden door de heer Olaf Janssen, bedrijfsrevisor.",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": 3
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-10-08",
"filing_date": "2025-06-02",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-06-02",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0792.863.053",
"name_full": null,
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Gestionis nv",
"person_name": null,
"org_rep_person_name": "Peumans Ruben",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}22-11-2024 Jörg Stehr resigns as director
- Jörg Stehr, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "J\u00F6rg Stehr",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering aanvaard met \u00E9\u00E9nparigheid van stemmen het voorgestelde ontslag van bestuurder J\u00F6rg Stehr.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Bij afzonderlijke stemming verleent de vergadering kwijting aan alle bestuurders, aan de vaste vertegenwoordigers van de bestuurders-vennootschappen, en aan de comm\u00EDssaris, voor hun mandaat uitgeoefend gedurende het behandelde boekjaar.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "vaste_vertegenwoordiger",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": null,
"name": "Gestionis ny",
"address": null,
"country": null,
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Bij afzonderlijke stemming verleent de vergadering kwijting aan alle bestuurders, aan de vaste vertegenwoordigers van de bestuurders-vennootschappen, en aan de comm\u00EDssaris, voor hun mandaat uitgeoefend gedurende het behandelde boekjaar.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "commissaris",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Bij afzonderlijke stemming verleent de vergadering kwijting aan alle bestuurders, aan de vaste vertegenwoordigers van de bestuurders-vennootschappen, en aan de comm\u00EDssaris, voor hun mandaat uitgeoefend gedurende het behandelde boekjaar.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-22",
"filing_date": "2024-11-08",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "jaarvergadering",
"date": "2024-06-14",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0792.863.053",
"name_full": "Expertum",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Kreon Holding nv",
"person_name": null,
"org_rep_person_name": "Rayen Bart",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Expertum |