EXPERZA
ActiveSummary
EXPERZA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €405k and a net result of €34k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+39
Solvency54▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.42 in 2024; short-term debt: 70.8% and cash: 15.1% of total assets), and 70.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
2.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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
41 d late
2024
1 d early
2023
30 d late
2022
3 d early
2021
31 d late
2020
27 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€405k▲ 9.1%
2024 · €371k
2018: €271k
2019: €296k▲ +9.3% vs 2018
2020: €184k▼ -37.7% vs 2019lowest in 8 years
2021: €411k▲ +123% vs 2020
2022: €422k▲ +2.7% vs 2021highest in 8 years
2023: €390k▼ -7.5% vs 2022
2024: €371k▼ -4.8% vs 2023
2025: €405k▲ +9.1% vs 2024
2018 → 2025
Total assets
€1.39M▲ 11.2%
2024 · €1.25M
2018: €2.03M
2019: €2.19M▲ +7.7% vs 2018
2020: €1.99M▼ -9.0% vs 2019
2021: €2.24M▲ +12.2% vs 2020highest in 8 years
2022: €2.12M▼ -5.3% vs 2021
2023: €1.76M▼ -16.8% vs 2022
2024: €1.25M▼ -29.3% vs 2023lowest in 8 years
2025: €1.39M▲ +11.2% vs 2024
2018 → 2025
Net result
€34k
2024 · €-19k
2018: €173k
2019: €175k▲ +1.2% vs 2018
2020: €88k▼ -49.5% vs 2019
2021: €227k▲ +156% vs 2020highest in 8 years
2022: €11k▼ -95.2% vs 2021
2023: €-32k▼ -391% vs 2022lowest in 8 years
2024: €-19k▲ +41.2% vs 2023
2025: €34k▲ +280% vs 2024
2018 → 2025
Working capital
€305k▼ 12.2%
2024 · €348k
2018: €58k
2019: €80k▲ +38.6% vs 2018
2020: €12k▼ -85.6% vs 2019lowest in 8 years
2021: €194k▲ +1583% vs 2020
2022: €220k▲ +13.0% vs 2021
2023: €282k▲ +28.4% vs 2022
2024: €348k▲ +23.3% vs 2023highest in 8 years
2025: €305k▼ -12.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€411k-€422k▲ 2.7%€390k▼ 7.5%€371k▼ 4.8%€405k▲ 9.1%
2021: €411k
2022: €422k▲ +2.7% vs 2021highest in 5 years
2023: €390k▼ -7.5% vs 2022
2024: €371k▼ -4.8% vs 2023lowest in 5 years
2025: €405k▲ +9.1% vs 2024
Operating result€309k-€31k▼ 90.1%€-10k€31k€106k▲ 241%
2021: €309khighest in 5 years
2022: €31k▼ -90.1% vs 2021
2023: €-10k▼ -132% vs 2022lowest in 5 years
2024: €31k▲ +420% vs 2023
2025: €106k▲ +241% vs 2024
Net result€227k-€11k▼ 95.2%€-32k€-19k▲ 41.2%€34k
2021: €227khighest in 5 years
2022: €11k▼ -95.2% vs 2021
2023: €-32k▼ -391% vs 2022lowest in 5 years
2024: €-19k▲ +41.2% vs 2023
2025: €34k▲ +280% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 241% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets
€100k ▲ 39.7%
Current assets
€1.29M ▲ 9.5%
Equity and liabilities €1.39M
Equity
€405k ▲ 9.1%
Debt
€983k ▲ 12.2%
Debt's share of the balance-sheet total rises from 70.2% to 70.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135k▲
2024 · €75k
Cash flow
€64k▲
2024 · €25k
Current ratio
1.31▼
2024 · 1.42
Debt to equity
2.43▲
2024 · 2.36
ROE
8.3%▲
2024 · -5.0%
ROA
2.4%▲
2024 · -1.5%
Interest coverage
6.17▲
2024 · 1.88
Debt ≤ 1 year
€983k▲
2024 · €829k
Income taxes
€51k▲
2024 · €11k
Staff costs
€5.28M▲
2024 · €337k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.25M€1.39M▲
Fixed assets21/28€71k€100k▲
Intangible fixed assets21-€15k
Tangible fixed assets22/27€66k€80k▲
Land and buildings22€54k€32k▼
Plant, machinery and equipment23€1k€867▼
Furniture and vehicles24€11k€25k▲
Other tangible fixed assets26-€21k
Financial fixed assets28€5k€5k▼
Current assets29/58€1.18M€1.29M▲
Amounts receivable within one year40/41€698k€1.06M▲
Trade receivables40€674k€869k▲
Other amounts receivable41€24k€186k▲
Cash at bank and in hand54/58€433k€210k▼
Deferred charges and accrued income490/1€45k€23k▼
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.39M▲
Equity10/15€371k€405k▲
Contributions10/11€40k€40k=
Reserves13€331k€365k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€327k€361k▲
Amounts payable17/49€877k€983k▲
Amounts payable within one year42/48€829k€983k▲
Financial debts43€236k€424k▲
Credit institutions430/8€236k€424k▲
Trade debts44€51k€13k▼
Suppliers440/4€51k€13k▼
Taxes, remuneration and social security45€498k€546k▲
Taxes450/3€129k€140k▲
Remuneration and social security454/9€369k€406k▲
Other amounts payable47/48€43k€0▼
Accrued charges and deferred income492/3€48k€0▼
Income statement
Code20242025
Non-recurring operating income76A€10k€7k▼
Remuneration, social security and pensions62€337k€5.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-15k€-1k▲
Other operating charges640/8€22k€8k▼
Non-recurring operating charges66A€41k€0▼
Gross operating margin9900€460k€5.42M▲
Operating profit (loss)9901€31k€106k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€40k€22k▼
Recurring financial charges65€40k€22k▼
Profit (loss) for the period before taxes9903€-7k€85k▲
Income taxes67/77€11k€51k▲
Profit (loss) for the period9904€-19k€34k▲
Profit (loss) for the period to be appropriated9905€-19k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€34k▲
Transfer from equity791/2€19k€0▼
Transfer to equity691/2-€34k
To other reserves6921-€34k
Social balance
Average headcount (FTE)90874.95.5▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | €17k | €10k | €7k | ▼ 26.0% |
| Remuneration, social security and pensions62 | €6.36M | €5.67M | €373k | €337k | €5.28M | ▲ 1,467% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €66k | €51k | €44k | €30k | ▼ 31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2k | €0 | €-11k | €-15k | €-1k | ▲ 91.3% |
| Other operating charges640/8 | €3k | €3k | €20k | €22k | €8k | ▼ 64.7% |
| Non-recurring operating charges66A | €0 | - | €3k | €41k | €0 | ▼ 100% |
| Gross operating margin9900 | €6.73M | €5.77M | €425k | €460k | €5.42M | ▲ 1,079% |
| Operating profit (loss)9901 | €309k | €31k | €-10k | €31k | €106k | ▲ 241% |
| Financial income75/76B | €730 | €4k | €8k | €1k | €1k | ▼ 23.0% |
| Recurring financial income75 | €730 | €4k | €8k | €1k | €1k | ▼ 23.0% |
| Financial charges65/66B | €8k | €11k | €27k | €40k | €22k | ▼ 44.8% |
| Recurring financial charges65 | €8k | €11k | €27k | €40k | €22k | ▼ 44.8% |
| Profit (loss) for the period before taxes9903 | €302k | €24k | €-29k | €-7k | €85k | ▲ 1,240% |
| Income taxes67/77 | €75k | €13k | €3k | €11k | €51k | ▲ 353% |
| Profit (loss) for the period9904 | €227k | €11k | €-32k | €-19k | €34k | ▲ 280% |
| Profit (loss) for the period to be appropriated9905 | €227k | €11k | €-32k | €-19k | €34k | ▲ 280% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.24M | €2.12M | €1.76M | €1.25M | €1.39M | ▲ 11.2% |
| Fixed assets21/28 | €217k | €202k | €159k | €71k | €100k | ▲ 39.7% |
| Intangible fixed assets21 | - | - | - | - | €15k | - |
| Tangible fixed assets22/27 | €211k | €197k | €153k | €66k | €80k | ▲ 21.2% |
| Land and buildings22 | €141k | €140k | €109k | €54k | €32k | ▼ 39.8% |
| Plant, machinery and equipment23 | €7k | €6k | €3k | €1k | €867 | ▼ 39.6% |
| Furniture and vehicles24 | €63k | €51k | €42k | €11k | €25k | ▲ 131% |
| Other tangible fixed assets26 | - | - | - | - | €21k | - |
| Financial fixed assets28 | €6k | €6k | €6k | €5k | €5k | ▼ 7.1% |
| Current assets29/58 | €2.02M | €1.92M | €1.61M | €1.18M | €1.29M | ▲ 9.5% |
| Amounts receivable within one year40/41 | €784k | €805k | €823k | €698k | €1.06M | ▲ 51.1% |
| Trade receivables40 | €777k | €543k | €640k | €674k | €869k | ▲ 28.9% |
| Other amounts receivable41 | €6k | €262k | €183k | €24k | €186k | ▲ 673% |
| Cash at bank and in hand54/58 | €1.18M | €1.03M | €756k | €433k | €210k | ▼ 51.5% |
| Deferred charges and accrued income490/1 | €61k | €79k | €27k | €45k | €23k | ▼ 48.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.24M | €2.12M | €1.76M | €1.25M | €1.39M | ▲ 11.2% |
| Equity10/15 | €411k | €422k | €390k | €371k | €405k | ▲ 9.1% |
| Contributions10/11 | €40k | €40k | €40k | €40k | €40k | = |
| Reserves13 | €371k | €382k | €350k | €331k | €365k | ▲ 10.2% |
| Non-distributable reserves130/1 | €4k | €4k | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €367k | €378k | €346k | €327k | €361k | ▲ 10.3% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €1.83M | €1.70M | €1.37M | €877k | €983k | ▲ 12.2% |
| Amounts payable within one year42/48 | €1.83M | €1.70M | €1.32M | €829k | €983k | ▲ 18.6% |
| Financial debts43 | €300k | €825k | €556k | €236k | €424k | ▲ 79.6% |
| Credit institutions430/8 | €300k | €825k | €556k | €236k | €424k | ▲ 79.6% |
| Trade debts44 | €61k | €33k | €12k | €51k | €13k | ▼ 74.3% |
| Suppliers440/4 | €61k | €33k | €12k | €51k | €13k | ▼ 74.3% |
| Taxes, remuneration and social security45 | €663k | €566k | €575k | €498k | €546k | ▲ 9.7% |
| Taxes450/3 | €197k | €163k | €149k | €129k | €140k | ▲ 8.8% |
| Remuneration and social security454/9 | €466k | €404k | €426k | €369k | €406k | ▲ 10.0% |
| Other amounts payable47/48 | €804k | €274k | €181k | €43k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €0 | - | €51k | €48k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €227k | €11k | €-32k | €-19k | €34k | ▲ 280% |
| + Depreciation and write-downs630 | €55k | €66k | €51k | €44k | €30k | ▼ 31.7% |
| Operating cash flow (approximation) | €282k | €77k | €19k | €25k | €64k | ▲ 154% |
| Investment in fixed assets (approximation) | - | €-52k | €-7k | €43k | €-58k | ▼ 234% |
| Change in cash | - | €-144k | €-277k | €-323k | €-223k | ▲ 30.9% |
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
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €227k ▲156%
Operating result €309k, net result €227k, both a record.
31-12
Financial
Equity above €200kEq €411k ▲123%
4 profitable years in a row build equity to €411k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Tielt · 5 establishment units since 2010
Ground area
3,600 m²
Building footprint
1,934 m²
Volume, LiDAR
18,547 m³
5 parcels, Flanders · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
5 establishment units
Experza BVBA
since 20102.190.986.906
Experza BVBA
since 20102.190.987.302
Harelbeeksestraat(Kor) 5, 8500 Kortrijk
since 20252.374.408.857
Kortrijkstraat 1, 8930 Menen
since 20252.374.408.758
Experza
since 20262.386.638.280
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0088/00G006 | Flanders | 1,167 m² | 1 · 662 m² | 15.0 m · 5 fl. |
| 34040C1453/00A000 | Flanders | 922 m² | 1 · 375 m² | 11.5 m |
| 37015K1216/00A000 | Flanders | 766 m² | 1 · 301 m² | 11.8 m · 1 fl. |
| 34027E0704/00N000 | Flanders | 407 m² | 1 · 308 m² | 20.6 m · 6 fl. |
| 44011B0661/00K000 | Flanders | 338 m² | 1 · 288 m² | 18.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 34,279 EUR awarded · 34,279 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 3,189 EUR | 3,189 EUR |
| 2024 | 2 | 3,746 EUR | 3,746 EUR |
| 2023 | 2 | 15,563 EUR | 15,563 EUR |
| 2022 | 1 | 11,781 EUR | 11,781 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 1,013 companies in sector 78200 we hold annual accounts for 644. 428 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 (pre-2019)
Founded04-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.