Expert cession
ActiveSummary
Expert cession has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-16k) and a net result of €-2k. Equity is shrinking by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability27▲+8
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.3 in 2023; short-term debt: 129% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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 2024Solvency, return and age of the figures
Solvency
-29%
Return on assets
-4.1%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
60 d late
2022
31 d late
2021
149 d late
2020
31 d late
2019
320 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €1
2018: €10k
2019: €7k
2020: €-29k
2021: €-18k
2022: €10k
2023: €1
2018 → 2024
Working capital
€-16k▼ 16.3%
2023 · €-14k
2018: €22k
2019: €28k
2020: €-1k
2021: €-19k
2022: €-9k
2023: €-14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-255-€-18k▼ 7,135%€-8k▲ 57.0%€-14k▼ 70.6%€-16k▼ 16.6%
Operating result€-25k-€-14k▲ 43.3%€15k€-2k€-2k▲ 5.9%
Net result€-29k-€-18k▲ 37.9%€10k€1▼ 100.0%€-2k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€300 =
Current assets
€54k ▲ 824%
Key figures and ratios
Solvency
-29.0%▲
2023 · -219.9%
Current ratio
0.77▲
2023 · 0.30
Quick ratio
0.71▲
2023 · 0.06
Debt to equity
-4.45▼
2023 · -1.45
ROA
-4.1%▼
2023 · 0.0%
Debt
€70k▲
2023 · €20k
Debt ≤ 1 year
€70k▲
2023 · €20k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6k€54k▲
Fixed assets21/28€300€300=
Financial fixed assets28€300€300=
Current assets29/58€6k€54k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€1k€898▼
Trade receivables40€1k-
Other amounts receivable41€92€898▲
Current investments50/53-€48k
Cash at bank and in hand54/58€16€16=
Deferred charges and accrued income490/1-€77
Equity and liabilities
Total equity and liabilities10/49€6k€54k▲
Equity10/15€-14k€-16k▼
Contributions10/11-€12k
Reserves13€13k€496▼
Non-distributable reserves130/1€13k€496▼
Reserves not available under the articles1311€13k€496▼
Profit (loss) carried forward14€-26k€-29k▼
Amounts payable17/49€20k€70k▲
Amounts payable within one year42/48€20k€70k▲
Financial debts43€3k€4k▲
Credit institutions430/8€3k€4k▲
Trade debts44€2k€30▼
Suppliers440/4€2k€30▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€13k€66k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35-
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-2k€-2k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€358€667▲
Recurring financial charges65€358€667▲
Profit (loss) for the period before taxes9903€442€-2k▼
Income taxes67/77€440-
Profit (loss) for the period9904€1€-2k▼
Profit (loss) for the period to be appropriated9905€1€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-29k▼
Profit (loss) brought forward from the previous period14P€-26k€-26k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 149 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 320 days late
2020
31-12
Financial
Weakest financial yearnet €-29k ▼536%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waremme · 1 establishment unit since 2018
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.
Rue Hubert Krains 45B4300 WaremmeGround area
149 m²
Building footprint
65 m²
Volume, LiDAR
525 m³
Parcel 64074C0916/00W002, Wallonia · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Hubert Krains 45B, 4300 Waremme
since 20182.275.929.608
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074C0916/00W002 | Wallonia | 149 m² | 1 · 65 m² | 8.8 m · 3 fl. |
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.
Similar companies · same sector, comparable size
VSY Consulting
BE 0748.396.174
Antwerpen · Eq €29,038
Autojob
BE 0866.264.042
Gembloux · Eq €29,034
OSTABAT
BE 0719.763.754
Ninove · Eq €29,033
ACTE 1
BE 0891.740.893
Wavre · Eq €29,032
MALIXE CONSULTING
BE 1009.178.102
Brugge · Eq €29,032
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,222 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.