Equity
Equity fell by 58% in 6 years.
In July 2024, 4,684 companies had the same profile as EXACT has now. Each dot stands for 12 companies, two years later.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,684 companies, not a prediction for EXACT. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
EXACT files the micro format. That format states no turnover. The gross margin rose from -€7,465 in 2006 to €26,498 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €64,000 and €190,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
723,677 | 748,318 | 1.0m | 1.1m | 1.1m | 1.2m | 1.7m | 1.8m | 1.9m | 1.7m | 1.8m | 1.5m | 1.5m | 1.2m | 1.2m | 1.2m | 1.3m | 1.2m | 904,172 | |
21/28 |
723,467 | 748,201 | 1.0m | 1.0m | 1.1m | 1.1m | 1.7m | 1.8m | 1.8m | 1.7m | 1.7m | 1.5m | 1.5m | 1.2m | 1.2m | 1.2m | 1.3m | 1.2m | 849,853 | |
22/27 |
723,467 | 748,201 | 772,934 | 802,805 | 837,340 | 903,190 | 1.5m | 1.5m | 1.6m | 1.5m | 1.5m | 1.2m | 1.3m | 960,576 | 983,082 | 999,164 | 1.0m | 916,452 | 614,354 | |
22 |
723,467 | 748,201 | 772,934 | 802,805 | 837,340 | 903,190 | 1.5m | 1.5m | 1.6m | 1.5m | 1.5m | 1.2m | 1.3m | 960,576 | 983,082 | 999,164 | 1.0m | 916,452 | 614,354 | |
23 |
- | - | - | - | - | - | 2,319 | 4,639 | 6,958 | 9,278 | - | - | - | - | - | - | - | - | - | |
28 |
- | - | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | 235,499 | |
29/58 |
210 | 117 | 185 | 16,660 | 11,182 | 30,434 | 26,646 | 28,284 | 27,145 | 27,721 | 38,397 | 35,276 | 28,135 | 24,229 | 24,657 | 7,750 | 25,943 | 67,023 | 54,319 | |
40/41 |
- | - | - | 16,626 | 10,626 | 28,826 | 25,326 | 25,076 | 25,076 | 26,076 | 37,576 | 33,450 | 23,450 | 21,750 | 15,603 | 6,000 | 22,103 | 56,695 | 49,195 | |
41 |
- | - | - | 16,626 | 10,626 | 28,826 | 25,326 | 25,076 | 25,076 | 26,076 | 37,576 | 33,450 | 23,450 | 21,750 | 15,603 | 6,000 | 22,103 | 56,695 | 49,195 | |
54/58 |
210 | 117 | 185 | 34 | 556 | 1,608 | 1,320 | 3,208 | 2,069 | 1,645 | 821 | 1,826 | 4,685 | 2,479 | 9,054 | 1,750 | 3,840 | 10,328 | 5,124 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
723,677 | 748,318 | 1.0m | 1.1m | 1.1m | 1.2m | 1.7m | 1.8m | 1.9m | 1.7m | 1.8m | 1.5m | 1.5m | 1.2m | 1.2m | 1.2m | 1.3m | 1.2m | 904,172 | |
10/15 |
187,591 | 186,939 | 371,564 | 397,003 | 412,751 | 441,778 | 239,423 | 291,077 | 297,260 | 322,155 | 325,703 | 326,470 | 308,551 | 331,403 | 302,885 | 311,913 | 325,943 | 367,198 | 375,276 | |
10/11 |
213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | |
10 |
213,188 | 213,188 | 213,188 | 213,188 | 213,188 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | 213,188 | |
13 |
21,319 | 21,319 | 158,376 | 183,815 | 199,563 | 228,589 | 26,234 | 77,888 | 84,071 | 108,967 | 112,515 | 113,282 | 95,363 | 118,215 | 89,697 | 98,725 | 112,755 | 154,010 | 162,087 | |
130/1 |
21,319 | 21,319 | 21,319 | 21,319 | 21,319 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | 21,319 | |
133 |
- | - | 137,057 | 162,496 | 178,244 | 207,271 | 4,915 | 56,570 | 62,752 | 87,648 | 91,196 | 91,963 | 74,044 | 96,896 | 68,378 | 77,406 | 91,436 | 132,691 | 140,768 | |
14 |
-46,916 | -47,569 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
536,085 | 561,379 | 637,053 | 657,961 | 671,270 | 727,345 | 1.5m | 1.5m | 1.6m | 1.4m | 1.4m | 1.2m | 1.2m | 888,901 | 940,353 | 930,500 | 956,955 | 851,776 | 528,897 | |
42/48 |
536,085 | 561,379 | 637,053 | 657,961 | 671,270 | 727,345 | 1.5m | 1.5m | 1.6m | 1.4m | 1.4m | 1.2m | 1.2m | 888,901 | 940,353 | 930,500 | 956,955 | 851,776 | 528,897 | |
44 |
299 | 197 | - | - | 351 | 927 | 1,231 | 5,231 | 4,709 | 2,943 | 4,501 | 866 | 1,756 | 350 | 350 | 28,823 | 28,823 | 1,923 | 2,817 | |
440/4 |
299 | 197 | - | - | 351 | 927 | 1,231 | 5,231 | 4,709 | 2,943 | 4,501 | 866 | 1,756 | 350 | 350 | 28,823 | 28,823 | 1,923 | 2,817 | |
45 |
- | - | - | - | - | 20,409 | - | - | 1.5m | - | - | - | - | - | - | - | - | - | - | |
450/3 |
- | - | - | - | - | 20,409 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
454/9 |
- | - | - | - | - | - | - | - | 1.5m | - | - | - | - | - | - | - | - | - | - | |
47/48 |
535,786 | 561,182 | 637,053 | 657,961 | 670,919 | 706,009 | 1.5m | 1.5m | - | 1.4m | 1.4m | 1.2m | 1.2m | 888,551 | 940,003 | 901,677 | 928,132 | 849,853 | 526,080 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 48,500 | 24,000 | 24,000 | 33,000 | - | |
76A |
- | - | - | - | - | 260,280 | - | - | - | - | - | - | 7,055 | - | 6,423 | - | - | - | - | |
9900 |
26,498 | 22,831 | 15,538 | 18,913 | 22,868 | 276,256 | 1,663 | 46,522 | 41,452 | 47,758 | 47,301 | 48,819 | 909 | 52,197 | 8,224 | 9,433 | 7,440 | 25,521 | -7,465 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 40,276 | 14,567 | 16,560 | 7,479 | - | |
630 |
24,734 | 24,734 | 29,871 | 34,535 | 34,535 | 52,284 | 52,284 | 51,583 | 51,583 | 50,105 | 47,786 | 29,787 | 29,787 | 22,506 | 22,506 | 22,292 | - | 32,207 | 12,666 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | 1,083 | - | - | - | - | 47,486 | - | - | |
640/8 |
1,088 | 1,276 | 11,082 | 102 | 1,116 | 1,182 | 1,017 | 1,107 | 14,680 | 1,190 | 1,069 | - | 1,000 | 1,142 | 1,142 | 1,142 | 1,142 | 1,316 | 1,125 | |
9901 |
677 | -3,179 | -25,415 | -15,724 | -12,783 | 222,789 | -51,638 | -6,168 | -24,811 | -3,537 | -1,554 | 17,949 | -29,878 | 28,549 | -15,424 | -14,001 | -41,188 | -8,002 | -21,256 | |
75/76B |
- | - | - | 0 | - | - | - | - | - | 1 | 809 | - | 7 | - | 3 | 3 | 17 | 8 | - | |
75 |
- | - | - | 0 | - | - | - | - | - | 1 | 809 | - | 7 | - | 3 | 3 | 17 | 8 | - | |
65/66B |
24 | 181,447 | 24 | 24 | 225 | 26 | 16 | 15 | 85 | 12 | 21 | 31 | 36 | 31 | 31 | 34 | 84 | 84 | 13,357 | |
65 |
24 | 181,447 | 24 | 24 | 225 | 26 | 16 | 15 | 85 | 12 | 21 | 31 | 36 | 31 | 31 | 34 | 84 | 84 | 13,357 | |
9903 |
653 | -184,626 | -25,439 | -15,748 | -13,008 | 222,764 | -51,654 | -6,183 | -24,896 | -3,548 | -766 | 17,918 | -22,852 | 28,518 | -9,028 | -14,032 | -41,255 | -8,078 | -34,613 | |
67/77 |
- | - | - | - | 2,990 | 20,409 | - | - | -0 | - | - | -1 | - | - | - | -2 | - | - | - | |
9904 |
653 | -184,626 | -25,439 | -15,748 | -15,999 | 202,355 | -51,654 | -6,183 | -24,895 | -3,548 | -766 | 17,919 | -22,852 | 28,518 | -9,028 | -14,030 | -41,255 | -8,078 | -34,613 | |
9905 |
653 | -184,626 | -25,439 | -15,748 | -15,999 | 202,355 | -51,654 | -6,183 | -24,895 | -3,548 | -766 | 17,919 | -22,852 | 28,518 | -9,028 | -14,030 | -41,255 | -8,078 | -34,613 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-46,916 | -184,626 | -25,439 | -15,748 | -15,999 | 202,355 | -51,654 | -6,183 | -24,895 | -3,548 | -766 | 17,919 | -22,852 | 28,518 | -9,028 | -14,030 | -41,255 | -8,078 | -34,613 | |
14P |
-47,569 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 137,057 | 25,439 | 15,748 | 15,999 | - | 51,654 | 6,183 | 24,895 | 3,548 | 766 | - | 22,852 | - | 9,028 | 14,030 | 41,255 | 8,078 | 34,613 | |
691/2 |
- | - | - | - | - | 202,355 | - | - | - | - | - | 17,919 | - | 28,518 | - | - | - | - | - | |
6921 |
- | - | - | - | - | 202,355 | - | - | - | - | - | 17,919 | - | 28,518 | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-10-2025 | micro format | 26-05-2026 | 2026-00122738 | |
| 31-10-2024 | micro format | 27-05-2025 | 2025-00109456 | |
| 31-10-2023 | micro format | 26-04-2024 | 2024-00070490 | |
| 31-10-2022 | micro format | 26-04-2023 | 2023-00066730 | |
| 31-10-2021 | micro format | 22-04-2022 | 2022-20006709 | |
| 31-10-2019 | micro format | 23-04-2020 | 2020-09700050 | |
| 31-10-2018 | micro format | 25-04-2019 | 2019-10900086 | |
| 31-10-2017 | micro format | 24-04-2018 | 2018-10400407 | |
| 31-10-2016 | abbreviated format | 26-04-2017 | 2017-10000200 | |
| 31-10-2015 | abbreviated format | 27-04-2016 | 2016-11000217 | |
| 31-10-2014 | abbreviated format | 08-06-2015 | 2015-15600178 | |
| 31-10-2013 | abbreviated format | 26-05-2014 | 2014-13900200 | |
| 31-10-2012 | abbreviated format | 02-04-2013 | 2013-08100032 | |
| 31-10-2011 | abbreviated format | 07-08-2012 | 2012-38300033 | |
| 31-10-2010 | abbreviated format | 31-08-2011 | 2011-53200378 | |
| 31-10-2009 | abbreviated format | 30-04-2010 | 2010-10600018 | |
| 31-10-2008 | abbreviated format | 30-04-2009 | 2009-13300171 | |
| 31-10-2007 | abbreviated format | 29-04-2008 | 2008-12400370 | |
| 31-10-2006 | abbreviated format | 24-04-2007 | 2007-12400075 | |
| 31-10-2005 | abbreviated format | 30-03-2006 | 2006-09401058 | |
| 31-10-2004 | abbreviated format | 06-06-2005 | 2005-21103211 | |
| 31-10-2003 | abbreviated format | 23-06-2004 | 2004-29801950 | |
| 31-10-2002 | abbreviated format | 12-06-2003 | 2003-22701499 | |
| 31-10-2001 | abbreviated format | 17-09-2002 | 2002-56500095 | |
| 31-10-2000 | abbreviated format | 19-06-2001 | 2001-23404877 | |
| 31-10-1999 | abbreviated format | 01-08-2000 | 2000-48605233 | |
| 31-10-1998 | abbreviated format | 02-11-1999 | 1999-56503546 | |
| 31-10-1997 | abbreviated format | 30-04-1998 | 1998-08104546 | |
| 31-10-1996 | abbreviated format | 25-04-1997 | 1997-06400910 | |
| 31-10-1995 | abbreviated format | 02-07-1996 | 1996-30000843 | |
| 31-10-1994 | abbreviated format | 15-05-1995 | 1995-08003851 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25,411 | 21,555 | 4,456 | 18,811 | 21,752 | 275,074 | 646 | 45,415 | 26,772 | 46,568 | 46,232 | 47,736 | -91 | 51,055 | 7,082 | 8,291 | - | 24,205 | -8,590 | ||
| 25,387 | -159,892 | 4,432 | 18,787 | 18,536 | 254,640 | 630 | 45,400 | 26,687 | 46,557 | 47,020 | 47,706 | 6,935 | 51,024 | 13,478 | 8,262 | - | 24,129 | -21,947 | ||
| 0 | -235,499 | 0 | 0 | - | -531,720 | 3,508 | 0 | 177,541 | 11,597 | 313,687 | 0 | 333,200 | 0 | 6,423 | 0 | 152,490 | 334,305 | - | ||
| 93 | -67 | 151 | -522 | - | 288 | -1,888 | 1,139 | 424 | 824 | -1,005 | -2,859 | 2,206 | -6,575 | 7,304 | -2,090 | -6,488 | 5,204 | - | ||
| -535,875 | -561,262 | -636,869 | -641,301 | -660,087 | -696,911 | -1.5m | -1.5m | -1.5m | -1.4m | -1.4m | -1.1m | -1.2m | -864,672 | -915,696 | -922,750 | -931,012 | -784,753 | -474,577 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | -31.8% | -58.3% | - | -24.2% | - | ||
| 25.9% | 25.0% | 36.8% | 37.6% | 38.1% | 37.8% | 13.7% | 16.2% | 16.1% | 18.7% | 18.4% | 21.7% | 20.2% | 27.2% | 24.4% | 25.1% | 25.4% | 30.1% | 41.5% | ||
| 0.00 | 0.00 | 0.00 | 0.03 | 0.02 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.01 | 0.03 | 0.08 | 0.10 | ||
| 2.86 | 3.00 | 1.71 | 1.66 | 1.63 | 1.65 | 6.31 | 5.18 | 5.22 | 4.35 | 4.45 | 3.61 | 3.95 | 2.68 | 3.10 | 2.98 | 2.94 | 2.32 | 1.41 | ||
| 0.3% | -98.8% | -6.8% | -4.0% | -3.9% | 45.8% | -21.6% | -2.1% | -8.4% | -1.1% | -0.2% | 5.5% | -7.4% | 8.6% | -3.0% | -4.5% | -12.7% | -2.2% | -9.2% | ||
| 0.1% | -24.7% | -2.5% | -1.5% | -1.5% | 17.3% | -3.0% | -0.3% | -1.3% | -0.2% | 0.0% | 1.2% | -1.5% | 2.3% | -0.7% | -1.1% | -3.2% | -0.7% | -3.8% | ||
| over 100 | 0.12 | over 100 | over 100 | 96.50 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 117 days | 91 days | 336 days | 627 days | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3 days | 722 days | 635 days | 94 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a profit of €677, after a loss of €3,179 in 2024. It is the highest result since 2019.
Debt's share of the balance-sheet total falls from 75.0% to 74.1%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 31-10-2025 accounts. Every holding stands with its own latest accounts.
| DE HAEGHEN
registered office since 14-04-2005 · founded in 2004 · negative equity (2025) |
total assets €3.1m (2025) 0870.506.407 |
| Name | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100% | |||||||||||||||||||
Source: list of holdings in its own accounts
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-05-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| EXACT NV registered office Merksplasseweg 77, 2340 Beerse 68201 Renting and operating of own or leased residential real estate, excluding social housing | 06-01-1993 | 2.060.215.959 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13004A0710/00K002 | 7,540 m² | 1 · 492 m² | 8.8 m · 2 |
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