Ex Consulting
ActiveSummary
Ex Consulting has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €107k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency42▲+12
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.53 in 2024; short-term debt: 82.7% and cash: 8.7% of total assets), and 82.7% of the assets are financed with debt.
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
17.3%
Return on assets
108%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 19%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €17k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 d early
2024
13 d early
2023
12 d early
2022
17 d early
2021
16 d early
2020
15 d early
2019
15 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, micro schema
Equity
€17k▲ 242%
2024 · €5k
2018: €33k
2019: €60k▲ +84.5% vs 2018
2020: €117k▲ +94.2% vs 2019highest in 8 years
2021: €25k▼ -78.9% vs 2020
2022: €5k▼ -79.8% vs 2021lowest in 8 years
2023: €5k● 0.0% vs 2022lowest in 8 years
2024: €5k● 0.0% vs 2023lowest in 8 years
2025: €17k▲ +242% vs 2024
2018 → 2025
Total assets
€99k▼ 3.7%
2024 · €103k
2018: €45klowest in 8 years
2019: €70k▲ +56.7% vs 2018
2020: €149k▲ +112% vs 2019
2021: €167k▲ +12.0% vs 2020highest in 8 years
2022: €97k▼ -41.8% vs 2021
2023: €127k▲ +31.3% vs 2022
2024: €103k▼ -19.1% vs 2023
2025: €99k▼ -3.7% vs 2024
2018 → 2025
Net result
€107k▲ 26.3%
2024 · €85k
2018: €21klowest in 8 years
2019: €28k▲ +30.9% vs 2018
2020: €57k▲ +106% vs 2019
2021: €46k▼ -18.9% vs 2020
2022: €75k▲ +61.2% vs 2021
2023: €109k▲ +46.0% vs 2022highest in 8 years
2024: €85k▼ -22.2% vs 2023
2025: €107k▲ +26.3% vs 2024
2018 → 2025
Working capital
€-26k▲ 44.0%
2024 · €-46k
2018: €29k
2019: €53k▲ +80.2% vs 2018
2020: €111k▲ +110% vs 2019highest in 8 years
2021: €17k▼ -84.5% vs 2020
2022: €-21k▼ -220% vs 2021
2023: €-71k▼ -247% vs 2022lowest in 8 years
2024: €-46k▲ +35.2% vs 2023
2025: €-26k▲ +44.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€5k▼ 79.8%€5k=€5k=€17k▲ 242%
2021: €25khighest in 5 years
2022: €5k▼ -79.8% vs 2021lowest in 5 years
2023: €5k● 0.0% vs 2022lowest in 5 years
2024: €5k● 0.0% vs 2023lowest in 5 years
2025: €17k▲ +242% vs 2024
Operating result€59k-€91k▲ 54.1%€141k▲ 54.4%€107k▼ 23.6%€138k▲ 28.9%
2021: €59klowest in 5 years
2022: €91k▲ +54.1% vs 2021
2023: €141k▲ +54.4% vs 2022highest in 5 years
2024: €107k▼ -23.6% vs 2023
2025: €138k▲ +28.9% vs 2024
Net result€46k-€75k▲ 61.2%€109k▲ 46.0%€85k▼ 22.2%€107k▲ 26.3%
2021: €46klowest in 5 years
2022: €75k▲ +61.2% vs 2021
2023: €109k▲ +46.0% vs 2022highest in 5 years
2024: €85k▼ -22.2% vs 2023
2025: €107k▲ +26.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€43k ▼ 16.0%
Current assets
€56k ▲ 8.5%
Equity and liabilities €99k
Equity
€17k ▲ 242%
Debt
€82k ▼ 16.3%
Debt's share of the balance-sheet total falls from 95.1% to 82.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€153k▲
2024 · €122k
Cash flow
€122k▲
2024 · €100k
Current ratio
0.68▲
2024 · 0.53
Debt to equity
4.79▼
2024 · 19.60
ROE
625.7%
ROA
108.0%▲
2024 · 82.3%
Interest coverage
3407.03▲
2024 · 2717.06
Debt ≤ 1 year
€82k▼
2024 · €98k
Income taxes
€31k▲
2024 · €22k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€103k€99k▼
Fixed assets21/28€51k€43k▼
Tangible fixed assets22/27€51k€43k▼
Plant, machinery and equipment23€2k€6k▲
Furniture and vehicles24€44k€33k▼
Other tangible fixed assets26€6k€4k▼
Current assets29/58€52k€56k▲
Amounts receivable within one year40/41€44k€47k▲
Trade receivables40€44k€47k▲
Other amounts receivable41-€269
Cash at bank and in hand54/58€8k€9k▲
Deferred charges and accrued income490/1€72-
Equity and liabilities
Total equity and liabilities10/49€103k€99k▼
Equity10/15€5k€17k▲
Contributions10/11€5k€5k=
Reserves13-€12k
Distributable reserves133-€12k
Amounts payable17/49€98k€82k▼
Amounts payable within one year42/48€98k€82k▼
Trade debts44€186€1▼
Suppliers440/4€186€1▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€31-
Other amounts payable47/48€87k€70k▼
Accrued charges and deferred income492/3-€1
Income statement
Code20242025
Non-recurring operating income76A€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Other operating charges640/8€517€593▲
Gross operating margin9900€123k€154k▲
Operating profit (loss)9901€107k€138k▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€107k€138k▲
Income taxes67/77€22k€31k▲
Profit (loss) for the period9904€85k€107k▲
Profit (loss) for the period to be appropriated9905€85k€107k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€107k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
Profit to be distributed694/7€85k€95k▲
Return on contributions (dividend)694€85k€95k▲
The notes to these accounts (7 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 | - | €496 | - | €6k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €10k | €15k | €15k | ▼ 0.1% |
| Other operating charges640/8 | €723 | €895 | €801 | €517 | €593 | ▲ 14.6% |
| Gross operating margin9900 | €64k | €96k | €152k | €123k | €154k | ▲ 25.3% |
| Operating profit (loss)9901 | €59k | €91k | €141k | €107k | €138k | ▲ 28.9% |
| Financial income75/76B | €4 | €2k | - | - | - | - |
| Recurring financial income75 | €4 | €2k | - | - | - | - |
| Financial charges65/66B | €752 | €634 | €185 | €45 | €45 | = |
| Recurring financial charges65 | €752 | €634 | €185 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | €58k | €93k | €140k | €107k | €138k | ▲ 28.9% |
| Income taxes67/77 | €12k | €18k | €31k | €22k | €31k | ▲ 38.8% |
| Profit (loss) for the period9904 | €46k | €75k | €109k | €85k | €107k | ▲ 26.3% |
| Profit (loss) for the period to be appropriated9905 | €46k | €75k | €109k | €85k | €107k | ▲ 26.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €97k | €127k | €103k | €99k | ▼ 3.7% |
| Fixed assets21/28 | €9k | €26k | €77k | €51k | €43k | ▼ 16.0% |
| Tangible fixed assets22/27 | €9k | €26k | €77k | €51k | €43k | ▼ 16.0% |
| Plant, machinery and equipment23 | €2k | €3k | €1k | €2k | €6k | ▲ 256% |
| Furniture and vehicles24 | €3k | €14k | €68k | €44k | €33k | ▼ 25.2% |
| Other tangible fixed assets26 | €4k | €9k | €7k | €6k | €4k | ▼ 28.2% |
| Current assets29/58 | €158k | €71k | €51k | €52k | €56k | ▲ 8.5% |
| Amounts receivable within one year40/41 | €17k | €24k | €23k | €44k | €47k | ▲ 8.4% |
| Trade receivables40 | €17k | €24k | €23k | €44k | €47k | ▲ 7.8% |
| Other amounts receivable41 | €50 | €109 | €109 | - | €269 | - |
| Current investments50/53 | €5k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €136k | €47k | €28k | €8k | €9k | ▲ 10.1% |
| Deferred charges and accrued income490/1 | - | €401 | - | €72 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €97k | €127k | €103k | €99k | ▼ 3.7% |
| Equity10/15 | €25k | €5k | €5k | €5k | €17k | ▲ 242% |
| Contributions10/11 | €19k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €6k | - | - | - | €12k | - |
| Distributable reserves133 | €6k | - | - | - | €12k | - |
| Amounts payable17/49 | €142k | €92k | €122k | €98k | €82k | ▼ 16.3% |
| Amounts payable within one year42/48 | €141k | €92k | €122k | €98k | €82k | ▼ 16.3% |
| Trade debts44 | €253 | €1k | €2k | €186 | €1 | ▼ 99.5% |
| Suppliers440/4 | €253 | €1k | €2k | €186 | €1 | ▼ 99.5% |
| Taxes, remuneration and social security45 | €25k | €9k | €11k | €11k | €12k | ▲ 4.0% |
| Taxes450/3 | €25k | €9k | €11k | €11k | €12k | ▲ 4.3% |
| Remuneration and social security454/9 | - | - | - | €31 | - | - |
| Other amounts payable47/48 | €116k | €82k | €110k | €87k | €70k | ▼ 18.7% |
| Accrued charges and deferred income492/3 | €1k | - | €292 | - | €1 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €75k | €109k | €85k | €107k | ▲ 26.3% |
| + Depreciation and write-downs630 | €4k | €4k | €10k | €15k | €15k | ▼ 0.1% |
| Operating cash flow (approximation) | €50k | €78k | €119k | €100k | €122k | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | €-20k | €-61k | €11k | €-7k | ▼ 164% |
| Change in cash | - | €-89k | €-19k | €-20k | €795 | ▲ 104% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €109k ▲46%
Operating result €141k, net result €109k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €117k ▲94.2%
3 profitable years in a row build equity to €117k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Mortsel · 1 establishment unit since 2018
Ground area
168 m²
Building footprint
109 m²
Volume, LiDAR
492 m³
Parcel 11513C0127/00V010, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ex Consulting
since 20182.276.589.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0127/00V010 | Flanders | 168 m² | 1 · 109 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 12,318 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
Founded11-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.