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EX-NIHILO

Active
Private limited companyfounded 1999active for 27 yearsRue de la Houssière 7, 7000 Mons, BelgiumKBO/BCE: BE 0466.060.452
Summary

EX-NIHILO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,543 and a net result of €68,048. Equity is shrinking by about 16% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 58% of 1,117 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other printing
NACE 18120
1 site
Size
≈ €310,000turnover 2025, estimated
Staff
0.4 FTE
Equity
€101,543
Profit
€68,048
Turnover estimated from the gross margin
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 32 days early
Why 90raises riskSector: Printing and reproduction of recorded media (NACE 18)Liquidity: current ratio 1.67, cash €9,788, halvedlowers riskFounded in 1999Figures for financial year 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 18, micro)
Financial strength · tick = 2024
Strong
Solvency 84+42
equity 59.2% of total assets
Liquidity 47+13
short-term debt 26.2% · cash 5.7%
Profitability 100+9
return on assets 39.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,613 companies, NACE 18, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.1%▼ -0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.4 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 0.68 in 2024, above the usual 1.5; short-term debt: 26.2% and cash: 5.7% of total assets), and 40.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 18, micro): better than 60% on solvency, 35% on liquidity, 94% on profitability and 96% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Printing and reproduction of recorded media (NACE 18)
KBO
raises risk · Liquidity: current ratio 1.67, cash €9,788, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
19 days late
2023
21 days late
2022
11 days early
2021
11 days early
2020
30 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 18) for financial year 2024 is 5 days before the deadline, and 38% 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 20 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €68,048 ▲90.5%
  3. Liquidity more than doubledcurrent ratio 1.67

Financials · financial year 2025, micro format

Turnover
≈ €310,000
Estimated: probably between €210,000 and €480,000
Total assets
€171,551▼ 12.6%
2024 · €196,347
Net result
€68,048▲ 90.5%
2024 · €35,723
Working capital
€30,059
2024 · -€44,151
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€71,130 2025 Net result€68,048 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€41,674--€9,936▲ 76.2%-€47,094▼ 374%€24,943-€52,042-€54,488▼ 4.7%€39,643€71,130▲ 79.4%
Net result-€45,298--€14,182▲ 68.7%-€47,662below the sector's middle half▼ 236%€21,077above the sector's middle half-€54,806below the sector's middle half-€57,714below the sector's middle half▼ 5.3%€35,723above the sector's middle half€68,048above the sector's middle half▲ 90.5%
Equity€151,059-€136,878▼ 9.4%€89,215within the sector's middle half▼ 34.8%€110,293within the sector's middle half▲ 23.6%€55,487within the sector's middle half▼ 49.7%-€2,228below the sector's middle half€33,495within the sector's middle half€101,543within the sector's middle half▲ 203%
Total assets€277,687-€310,506▲ 11.8%€283,740within the sector's middle half▼ 8.6%€281,072within the sector's middle half▼ 0.9%€246,395within the sector's middle half▼ 12.3%€166,831within the sector's middle half▼ 32.3%€196,347within the sector's middle half▲ 17.7%€171,551within the sector's middle half▼ 12.6%
Debt€126,628-€173,628▲ 37.1%€194,524▲ 12.0%€170,780▼ 12.2%€190,908▲ 11.8%€169,059▼ 11.4%€162,852▼ 3.7%€70,008▼ 57.0%
Working capital€29,148--€6,126-€51,260below the sector's middle half▼ 737%€25,723within the sector's middle half-€22,660below the sector's middle half-€82,099below the sector's middle half▼ 262%-€44,151below the sector's middle half▲ 46.2%€30,059within the sector's middle half
Solvency54.4%-44.1%▼ 10.3pp31.4%within the sector's middle half▼ 12.6pp39.2%within the sector's middle half▲ 7.8pp22.5%within the sector's middle half▼ 16.7pp-1.3%below the sector's middle half▼ 23.9pp17.1%below the sector's middle half▲ 18.4pp59.2%within the sector's middle half▲ 42.1pp
Current ratio1.38-0.96▼ 0.420.74below the sector's middle half▼ 0.231.22within the sector's middle half▲ 0.480.84below the sector's middle half▼ 0.370.42below the sector's middle half▼ 0.420.68below the sector's middle half▲ 0.261.67within the sector's middle half▲ 0.99
Return on assets (ROA)-16.3%--4.6%▲ 11.7pp-16.8%below the sector's middle half▼ 12.2pp7.5%within the sector's middle half▲ 24.3pp-22.2%below the sector's middle half▼ 29.7pp-34.6%below the sector's middle half▼ 12.4pp18.2%above the sector's middle half▲ 52.8pp39.7%above the sector's middle half▲ 21.5pp
Staff (FTE)3-3=3above the sector's middle half=3=3=2.4▼ 20.0%1.9▼ 20.8%0.4▼ 78.9%
above within below the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,551
Fixed assets €96,483 ▼ 6.0%
Current assets €75,068 ▼ 19.9%
Equity and liabilities €171,551
Equity €101,543 ▲ 203%
Debt €70,008 ▼ 57.0%
Debt's share of the balance-sheet total falls from 82.9% to 40.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€77,292▲
2024 · €45,673
Cash flow
€74,210▲
2024 · €41,753
Debt to equity
0.69▼
2024 · 4.86
ROE
67.0%▼
2024 · 106.7%
Interest coverage
60.10▲
2024 · 7.81
Debt ≤ 1 year
€45,008▼
2024 · €137,852
Debt > 1 year
€25,000=
2024 · €25,000
Income taxes
€1,853▲
2024 · €482
Staff costs
€39,752▼
2024 · €140,238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€196,347€171,551▼
Fixed assets21/28€102,646€96,483▼
Tangible fixed assets22/27€101,194€95,032▼
Land and buildings22€100,142€94,440▼
Furniture and vehicles24€1,052€592▼
Financial fixed assets28€1,452€1,452=
Current assets29/58€93,701€75,068▼
Amounts receivable within one year40/41€59,129€61,949▲
Trade receivables40€56,008€61,616▲
Other amounts receivable41€3,121€333▼
Cash at bank and in hand54/58€33,748€9,788▼
Deferred charges and accrued income490/1€824€3,330▲
Equity and liabilities
Total equity and liabilities10/49€196,347€171,551▼
Equity10/15€33,495€101,543▲
Contributions10/11€18,600€18,600=
Reserves13€68,860€82,943▲
Tax-exempt reserves132€18,750€18,750=
Distributable reserves133€50,110€64,193▲
Profit (loss) carried forward14-€53,965€0▲
Amounts payable17/49€162,852€70,008▼
Amounts payable after more than one year17€25,000€25,000=
Financial debts170/4€0-
Other amounts payable178/9€25,000€25,000=
Amounts payable within one year42/48€137,852€45,008▼
Current portion of amounts payable after more than one year42€2,425€0▼
Trade debts44€22,769€6,575▼
Suppliers440/4€22,769€6,575▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€96,938€26,665▼
Taxes450/3€45,291€20,084▼
Remuneration and social security454/9€51,647€6,582▼
Other amounts payable47/48€15,720€11,768▼
Income statement Code20242025
Remuneration, social security and pensions62€140,238€39,752▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,030€6,162▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€840€0▼
Other operating charges640/8€12,767€6,312▼
Gross operating margin9900€199,518€123,356▼
Operating profit (loss)9901€39,643€71,130▲
Financial income75/76B€2,413€57▼
Recurring financial income75€2,413€57▼
Financial charges65/66B€5,851€1,286▼
Recurring financial charges65€5,851€1,286▼
Profit (loss) for the period before taxes9903€36,205€69,901▲
Income taxes67/77€482€1,853▲
Profit (loss) for the period9904€35,723€68,048▲
Profit (loss) for the period to be appropriated9905€35,723€68,048▲
Appropriation of the result
Profit (loss) to be appropriated9906-€53,965€14,083▲
Profit (loss) brought forward from the previous period14P-€89,688-€53,965▲
Transfer to equity691/2-€14,083
To other reserves6921-€14,083

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€147,933€156,418€168,061€140,238€39,752▼ 71.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,508€19,062€17,493€20,492€11,027€7,325€6,030€6,162▲ 2.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€840€0▼ 100%
Other operating charges640/8---€5,677€5,726€12,729€12,767€6,312▼ 50.6%
Gross operating margin9900€159,701€185,065€111,081€199,045€121,129€133,628€199,518€123,356▼ 38.2%
Operating profit (loss)9901-€41,674-€9,936-€47,094€24,943-€52,042-€54,488€39,643€71,130▲ 79.4%
Financial income75/76B---€129€0€351€2,413€57▼ 97.6%
Recurring financial income75€508€14€567€129€0€351€2,413€57▼ 97.6%
Financial charges65/66B---€1,221€2,371€2,999€5,851€1,286▼ 78.0%
Recurring financial charges65€3,543€3,673€1,136€1,221€2,371€2,999€5,851€1,286▼ 78.0%
Profit (loss) for the period before taxes9903-€44,709-€13,596-€47,662€23,851-€54,413-€57,136€36,205€69,901▲ 93.1%
Income taxes67/77€589€586€0€2,773€393€578€482€1,853▲ 284%
Profit (loss) for the period9904-€45,298-€14,182-€47,662€21,077-€54,806-€57,714€35,723€68,048▲ 90.5%
Profit (loss) for the period to be appropriated9905-€45,298-€14,182-€47,662€21,077-€54,806-€57,714€35,723€68,048▲ 90.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€277,687€310,506€283,740€281,072€246,395€166,831€196,347€171,551▼ 12.6%
Fixed assets21/28€172,442€154,658€140,728€136,571€125,544€107,296€102,646€96,483▼ 6.0%
Tangible fixed assets22/27€168,764€150,981€140,001€135,119€124,093€105,844€101,194€95,032▼ 6.1%
Land and buildings22---€117,249€111,546€105,844€100,142€94,440▼ 5.7%
Furniture and vehicles24---€17,871€12,546€0€1,052€592▼ 43.7%
Financial fixed assets28€3,678€3,678€728€1,452€1,452€1,452€1,452€1,452=
Current assets29/58€105,245€155,848€143,012€144,501€120,851€59,535€93,701€75,068▼ 19.9%
Amounts receivable within one year40/41€77,300€102,026€110,174€97,273€82,796€26,901€59,129€61,949▲ 4.8%
Trade receivables40---€97,125€82,488€26,901€56,008€61,616▲ 10.0%
Other amounts receivable41---€148€308€0€3,121€333▼ 89.3%
Cash at bank and in hand54/58€27,352€49,129€29,505€43,639€32,489€32,055€33,748€9,788▼ 71.0%
Deferred charges and accrued income490/1---€3,588€5,566€579€824€3,330▲ 304%
Equity and liabilities
Total equity and liabilities10/49€277,687€310,506€283,740€281,072€246,395€166,831€196,347€171,551▼ 12.6%
Equity10/15€151,059€136,878€89,215€110,293€55,487-€2,228€33,495€101,543▲ 203%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€132,459€118,278€70,615€91,615€68,860€68,860€68,860€82,943▲ 20.5%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Tax-exempt reserves132---€18,750€18,750€18,750€18,750€18,750=
Distributable reserves133---€71,005€48,250€50,110€50,110€64,193▲ 28.1%
Profit (loss) carried forward14---€77-€31,973-€89,688-€53,965€0-
Amounts payable17/49€126,628€173,628€194,524€170,780€190,908€169,059€162,852€70,008▼ 57.0%
Amounts payable after more than one year17€50,372€11,572€0€51,945€47,221€27,425€25,000€25,000=
Financial debts170/4---€11,945€7,221€2,425€0--
Other amounts payable178/9---€40,000€40,000€25,000€25,000€25,000=
Amounts payable within one year42/48€76,097€161,973€194,272€118,778€143,511€141,634€137,852€45,008▼ 67.4%
Current portion of amounts payable after more than one year42---€4,654€4,724€4,796€2,425€0▼ 100%
Trade debts44€2,989€11,879€6,289€9,009€26,923€24,905€22,769€6,575▼ 71.1%
Suppliers440/4---€9,009€26,923€24,905€22,769€6,575▼ 71.1%
Advances received on contracts in progress46-----€17,426€0--
Taxes, remuneration and social security45---€54,820€84,055€74,091€96,938€26,665▼ 72.5%
Taxes450/3---€25,040€29,811€25,160€45,291€20,084▼ 55.7%
Remuneration and social security454/9---€29,780€54,244€48,931€51,647€6,582▼ 87.3%
Other amounts payable47/48---€50,295€27,808€20,416€15,720€11,768▼ 25.1%
Accrued charges and deferred income492/3---€57€177€0---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€45,298-€14,182-€47,662€21,077-€54,806-€57,714€35,723€68,048▲ 90.5%
+ Depreciation and write-downs630€23,508€19,062€17,493€20,492€11,027€7,325€6,030€6,162▲ 2.2%
Operating cash flow (approximation)-€21,790€4,881-€30,170€41,570-€43,779-€50,389€41,753€74,210▲ 77.7%
Investment in fixed assets (approximation)--€1,278-€3,563-€16,335€0€10,923-€1,380€0-
Change in cash-€21,777-€19,623€14,134-€11,150-€434€1,693-€23,960-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00227186
31-12-2024 micro format 19-08-2025 2025-00387186
31-12-2023 micro format 21-08-2024 2024-00360583
31-12-2022 micro format 20-07-2023 2023-00264148
31-12-2021 micro format 20-07-2022 2022-20214433
31-12-2020 micro format 30-08-2021 2021-59800317
31-12-2019 micro format 28-08-2020 2020-47400369
31-12-2018 micro format 19-07-2019 2019-35500497
31-12-2017 micro format 17-08-2018 2018-46800081
31-12-2016 micro format 28-08-2017 2017-50000530

Show all 26 filings

Similar companies · same sector, comparable size

Of the 1,580 active companies whose main activity is other printing (NACE 18120), figures are known for 818. 613 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors
Catherine Monique Christiane POTTIEZ
Director (not named in the articles)
Current
Luc Xavier VANDENSTEENE
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Catherine Monique Christiane POTTIEZ
  • Director (not named in the articles), since before 28-12-2023
Luc Xavier VANDENSTEENE
  • Director (not named in the articles), since before 28-12-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 28-12-2023 Converted to unavailable equity

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

EX-NIHILO was incorporated on 14 May 1999.1 Since 2023 the company has been called EX-NIHILO.2 Total assets fell from €277,687 in 2018 to €171,551 in 2025 and headcount from 3 to 0.4 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2018 to 2025net €68,048 ▲90.5%
Operating result €71,130, net result €68,048, both a record.
31-12
Financial Liquidity more than doubledcurrent ratio 1.67
Current ratio from 0.68 to 1.67; short-term debt falls from €137,852 to €45,008.
31-12
Financial Equity above €100,000equity €101,543 ▲203%
2 profitable years in a row build equity to €101,543.
19-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 19 days late
2024
31-12
Financial Back to profitnet €35,723
Net result €35,723 after 2 loss-making years.
21-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 21 days late
2023
31-12
Financial Weakest financial yearnet -€57,714
Net result drops to -€57,714, the lowest in the series; recovery starts the following year.
28-12
Gazette deed Reappointments: Luc Xavier VANDENSTEENE (director) and Catherine Monique Christiane POTTIEZ (director)
Shareholding · Capital · Name change14 facts ▸
  • General meeting, 21-12-2023
  • Shareholding, 747
  • Shareholding, 3
  • Capital (2 times)
  • Other provision, “Changement de la dénomination de la société, Adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
  • Other provision, “validité de l’assemblée générale, tous les actionnaires présents ou représentés” (deed in French)
  • Name change, EX-NIHILO
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Director reappointment, Luc Xavier VANDENSTEENE (director (not named in the articles))
  • Director reappointment, Catherine Monique Christiane POTTIEZ (director (not named in the articles))
  • Registered office clause, “7000 Mons,rue de la Houssière 7” (deed in French)
  • +2 further facts in this act
20-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
20-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €21,077
Net result €21,077 after 3 loss-making years.
Show earlier events
31-12
Financial Equity above €100,000equity €110,293 ▲23.6%
Equity rises from €89,215 to €110,293.
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
28-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 28 days late
2019
19-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
17-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 17 days late
2017
28-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded14-05-1999
Financial year end31-12
Activities, NACEBEL 2025
18120Other printing
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0466060452
Also 9925:BE0466060452
Registered 13-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 1999
registered office establishment The establishment unit on the map
Ground area
275 m²
Building footprint
90 m²
Building volume
1,146 m³
Parcel 53403E0700/00T000, Wallonia · tallest building 16.2 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
EX NIHILO
Rue de la Houssière 7, 7000 MonsOther printing
since 1999unit no. 2.091.693.350
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
53403E0700/00T000 Wallonia 275 m² 1 · 90 m² 16.1 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
EX-NIHILO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, pour autant que pareil déplacement n’impose pas la modification de la langue des statuts selon les règles d’emploi des…” (deed in French)

deed of 28-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Les actes de disposition devront requérir un accord collégial. G. Mandats Un administrateur peut déléguer des pouvoirs spéciaux et limités à…”
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, sans limitation dans le temps” (deed in French)
“Requiert une modification des statuts” (deed in French)
“Sauf décision contraire de l'assemblée générale, gratuit” (deed in French)
“Un administrateur peut déléguer des pouvoirs spéciaux et limités à tout mandataire” (deed in French)
3 more provisions on this in the deed

deed of 28-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Écrit, tribunal du siège” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Articles 5:128 et suivants du Code des sociétés et des associations, modification des statuts” (deed in French)

deed of 28-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of September

deed of 28-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Pouvoirs et émoluments par l'assemblée générale, assemblée désigne un ou plusieurs liquidateurs” (deed in French)

deed of 28-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Registre des actionnaires, siège social” (deed in French)
Other provision: “Exclue pour tout actionnaire, démission à charge du patrimoine social” (deed in French)
Other provision: “Convocations assemblée générale” (deed in French)
Other provision: “Écrit, toutes les décisions relevant des pouvoirs de l'assemblée générale” (deed in French)
Other provision: “Assemblée générale électronique - participation à distance par voie électronique, moyen de communication électronique mis à disposition par…” (deed in French)
Other provision: “Participation assemblée générale, admis à chaque assemblée ultérieure mêmes points ordre du jour sauf cession notifiée” (deed in French)
Other provision: “Points à l'ordre du jour, tenue de l'assemblée générale” (deed in French)
Other provision: “Représentation à l'assemblée générale, porteur d'une procuration spéciale” (deed in French)
Other provision: “Présidence et délibérations, quelle que soit la portion représentée sauf cas légaux” (deed in French)
Other provision: “Procès-verbaux, un ou plusieurs membres de l'organe d'administration ayant pouvoir de représentation” (deed in French)
Other provision: “Intérêt social ou requête d'un dixième du capital, siège social ou endroit indiqué dans les convocations” (deed in French)
Other provision: “Distributions, respect articles 5:142 et 5:143 du Code des sociétés et des associations” (deed in French)
Liquidation distribution: “Également entre toutes les actions, dettes,charges et frais ou consignation” (deed in French)
Other provision: “Réputée valablement intervenue, communications électroniques” (deed in French)
2 more provisions in the deed, see the deed of 28-12-2023

deed of 28-12-2023