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ENEXAGO

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 199035 yrs activeNeerstraat 25, 1700 Dilbeek, BelgiumKBO/BCE: BE 0442.543.395

ENEXAGO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €4k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 4502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
82 / 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▲+12
Solvency67▲+5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.61 in 2024), and 63.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
36.4%
Return on assets
1%
Age of the figures
8 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
61 d late
2023
210 d late
2022
59 d late
2021
75 d late
2020
59 d late
2019
202 d late
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▲ 504%
2024 · €676
2018: €17k 2019: €8k 2020: €18k 2021: €5k 2022: €4k 2023: €-6k 2024: €676
2018 → 2025
Working capital
€83k▼ 29.7%
2024 · €118k
2018: €88k 2019: €58k 2020: €88k 2021: €102k 2022: €131k 2023: €134k 2024: €118k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€139k-€143k▲ 3.1%€138k▼ 4.0%€138k▲ 0.5%€142k▲ 3.0%
Operating result€16k-€17k▲ 3.5%€3k▼ 79.8%€19k▲ 449%€11k▼ 42.7%
Net result€5k-€4k▼ 18.1%€-6k€676€4k▲ 504%
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €16k€16kNet result 2021: €5k€5kOperating result 2022: €17k€17kNet result 2022: €4k€4kOperating result 2023: €3k€3kNet result 2023: €-6k€-6kOperating result 2024: €19k€19kNet result 2024: €676€676Operating result 2025: €11k€11kNet result 2025: €4k€4k20212022202320242025
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets €129k▼ 3.2%
Current assets €262k▼ 15.8%
Equity and liabilities €391k
Equity €142k▲ 3.0%
Debt €248k▼ 18.8%
The debt ratio falls from 68.9% to 63.6%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37k
2024 · €44k
Cash flow
€30k
2024 · €26k
Solvency
36.4%
2024 · 31.1%
Current ratio
1.46
2024 · 1.61
Quick ratio
1.46
2024 · 1.61
Debt / equity
1.74
2024 · 2.21
ROE
2.9%
2024 · 0.5%
ROA
1.0%
2024 · 0.2%
Interest coverage
6.63
2024 · 6.44
Debt
€248k
2024 · €306k
Debt ≤ 1 year
€179k
2024 · €193k
Debt > 1 year
€69k
2024 · €113k
Income taxes
€1k
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€444k€391k
Fixed assets21/28€134k€129k
Tangible fixed assets22/27€134k€129k
Land and buildings22€134k€129k
Current assets29/58€311k€262k
Amounts receivable within one year40/41€293k€246k
Trade receivables40€30k€22k
Other amounts receivable41€263k€223k
Cash at bank and in hand54/58€15k€16k
Deferred charges and accrued income490/1€3k€0
Equity and liabilities
Total equity and liabilities10/49€444k€391k
Equity10/15€138k€142k
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€118k€122k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€114k€118k
Amounts payable17/49€306k€248k
Amounts payable after more than one year17€113k€69k
Financial debts170/4€113k€69k
Amounts payable within one year42/48€193k€179k
Current portion of amounts payable after more than one year42€42k€44k
Trade debts44€33k€44k
Suppliers440/4€33k€44k
Advances received on contracts in progress46€30k€30k=
Taxes, remuneration and social security45€14k€19k
Taxes450/3€14k€19k
Other amounts payable47/48€74k€42k
Accrued charges and deferred income492/3€255€664
Income statement Code20242025
Non-recurring operating income76A€284€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-5k
Other operating charges640/8€8k€32k
Gross operating margin9900€52k€64k
Operating profit (loss)9901€19k€11k
Financial income75/76B€48€60
Recurring financial income75€48€60
Financial charges65/66B€7k€6k
Recurring financial charges65€7k€6k
Profit (loss) for the period before taxes9903€12k€5k
Income taxes67/77€11k€1k
Profit (loss) for the period9904€676€4k
Profit (loss) for the period to be appropriated9905€676€4k
Appropriation of the result
Profit (loss) to be appropriated9906€676€4k
Transfer from equity791/2€0-
Transfer to equity691/2€676€4k
To other reserves6921€676€4k
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
26-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 210 days late
2024
31-12
Financial Back to profitnet €676
Net result €676 after one loss-making year.
2023
31-12
Financial Weakest financial yearnet €-6k ▼233%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
18-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 202 days late
2020
31-12
Financial Highest result since 2018net €18k ▲118%
Operating result €31k, net result €18k, both a record.
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Dilbeek · 2 establishment units since 2000
establishment All 2 establishment units on the map
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.

Neerstraat 251700 Dilbeek
Ground area
2,955 m²
Building footprint
969 m²
Volume, LiDAR
4,523 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Neerstraat 25, 1700 Dilbeek
NACE 7133001
since 20002.050.839.623
Gapaardstraat 22, 8000 Brugge
Renting and operating of own or leased residential real estate, excluding social housing
since 20172.268.722.508
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23074A0179/00H000 Flanders 2,827 m² 1 · 876 m² 6.5 m · 1 fl.
31802B0413/00F000 Flanders 128 m² 1 · 93 m² 12.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 5,236 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded27-12-1990
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.