Equity
-€41,734
Debts exceed assets in financial year 2025.
Property Partners
Lifetime
8 annual accounts with figures on one time axispeak -€954 (2019)
-€5,413▲ €234
lowest -€16,313 (2023)
-€6,633▲ €4,904
peak €15,137 (2018)
-€41,734▼ €6,633
€206,254▲ 45.4%
Board2 names since 2018
2 directorsBrenig Steve and 1 other
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Loss of €6,633Equity from -€35,101 to -€41,734Debts from €141,870 to €206,254Cash from €23,684 to €85,229
Key points
from the 2025 annual accountsLosses
-€61,734 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€206,254 125% of the balance sheet
Suppliers 3%Taxes and wages 0%Other 97%
Turnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 18% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025highest value
12-2025: 0.4%● unchanged vs 11-2025highest value
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.3%▼ -0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€41,734
lowers risk
Size: total assets €164,520
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 0.80, cash €85,229
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 71, micro). It does better than 3% of them on solvency, 31% on liquidity, 15% on profitability and 22% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 1,564 companies had the same profile as Property Partners has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Property Partners itself is lower: 0.3% within 12 months. It rests on far more data about Property Partners than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,564 companies, not a prediction for Property Partners. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.8 (0.75 in 2024), below 1. Short-term debt is 125.4% and cash 51.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€41,734
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
59 days early
2024
59 days early
2023
20 days early
2022
25 days early
2021
40 days early
2020
50 days early
2019
56 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 44 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BS
Brenig Steve
Director, since 29-01-2018
GJ
Glecer Jacques
Director, since 29-01-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0689538752
Amendment of the articles · Legal-form change
Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: GLECER Jacques (director) · Board composition: BRENIG Steve (director) · General meeting of 29-11-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Oostende
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Oostende
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Property Partners Antwerp | €164,520 | -€5,413 | -25.4% | - |
| DMA Architecten & Ingenieurs Boechout | €165,982 | €980 | 100.0% | - |
| Les Deux Grands Chemins Lasne | €152,842 | €114 | 60.9% | - |
| Zin-architecten Bierbeek | €146,794 | €482 | 79.3% | - |
| Art-Home Architects Rixensart | €180,127 | -€13,162 | 74.9% | - |
| BF ARCHITECTURE Antwerp | €157,667 | -€1,872 | 26.0% | - |
| Sofie Ooms architecten Mechelen | €110,549 | -€18,644 | 69.8% | - |
These companies have the same main activity as Property Partners: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €111,000 and €180,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 30-01-2018Normal situation
- Activity
- Activities of building architectsNACE 71111and 1 other
- Establishment unit
- 2.272.798.0902018 Antwerp, since 30-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2025
Annual accounts 2025
- €164,520▲ 54.1%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on Property Partners
Property Partners files the micro format. That format states no turnover. The gross margin fell from -€4,245 in 2018 to -€5,413 in 2025.
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 Property Partners
- What is the company number of Property Partners?
- The company number of Property Partners is 0689.538.752. The VAT number is the same number with BE in front: BE 0689.538.752.
- Where is Property Partners based?
- The registered office is at Belgiëlei 114, 2018 Antwerp.Company details
- What does Property Partners do?
- According to the KBO register, the main activity is activities of building architects (NACE 71111).
- What is the legal form of Property Partners?
- Property Partners is a private limited company (BV).
- When was Property Partners founded?
- Property Partners was founded on 30-01-2018.
- Is Property Partners still active?
- Yes, Property Partners is an active enterprise in the KBO register.
- What is the turnover of Property Partners?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Property Partners profitable?
- In financial year 2025, Property Partners made a loss of €6,633.
- Where can I find the annual accounts of Property Partners?
- Property Partners filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Property Partners due?
- Property Partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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