EXACT WONEN
ActiveSummary
EXACT WONEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,814 and a net result of €27,667. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 48% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+21
Solvency70▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 3.67 in 2024; short-term debt: 54.9% and cash: 80.2% of total assets), but 54.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 dateAge against the risk zone
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
45.1%
Return on assets
31.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
44 d early
2023
30 d early
2022
31 d early
2021
33 d early
2020
23 d late
2019
9 d early
← 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 17 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, micro schema
Equity
€39,814▼ 29.0%
2024 · €56,068
Total assets
€88,267▲ 16.5%
2024 · €75,771
Net result
€27,667▲ 345%
2024 · €6,222
Working capital
€35,458▼ 32.1%
2024 · €52,220
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€16,242€24,837-€33,046€7,050€30,929▲ 339%
Net result-€17,405below the sector's middle half€22,703within the sector's middle half-€34,190below the sector's middle half€6,222within the sector's middle half€27,667within the sector's middle half▲ 345%
Equity€62,133within the sector's middle half▼ 21.9%€84,036within the sector's middle half▲ 35.3%€49,846within the sector's middle half▼ 40.7%€56,068within the sector's middle half▲ 12.5%€39,814within the sector's middle half▼ 29.0%
Total assets€142,286within the sector's middle half▼ 3.8%€180,168within the sector's middle half▲ 26.6%€91,987within the sector's middle half▼ 48.9%€75,771within the sector's middle half▼ 17.6%€88,267within the sector's middle half▲ 16.5%
Debt€80,153▲ 17.2%€96,132▲ 19.9%€42,141▼ 56.2%€19,703▼ 53.2%€48,453▲ 146%
Working capital€48,751within the sector's middle half▼ 30.3%€24,225within the sector's middle half▼ 50.3%-€3,549below the sector's middle half€52,220within the sector's middle half€35,458within the sector's middle half▼ 32.1%
Solvency43.7%within the sector's middle half▼ 10.1pp46.6%within the sector's middle half▲ 3.0pp54.2%within the sector's middle half▲ 7.5pp74.0%above the sector's middle half▲ 19.8pp45.1%within the sector's middle half▼ 28.9pp
Current ratio1.89within the sector's middle half▼ 0.801.36within the sector's middle half▼ 0.540.91below the sector's middle half▼ 0.443.67above the sector's middle half▲ 2.761.73within the sector's middle half▼ 1.94
Return on assets (ROA)-12.2%below the sector's middle half▼ 31.2pp12.6%within the sector's middle half▲ 24.8pp-37.2%below the sector's middle half▼ 49.8pp8.2%within the sector's middle half▲ 45.4pp31.3%above the sector's middle half▲ 23.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 339% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,267
Fixed assets
€4,356 ▲ 8.7%
Current assets
€83,911 ▲ 16.9%
Equity and liabilities €88,267
Equity
€39,814 ▼ 29.0%
Debt
€48,453 ▲ 146%
Debt's share of the balance-sheet total rises from 26.0% to 54.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€31,629▲
2024 · €7,831
Cash flow
€28,368▲
2024 · €7,003
Debt to equity
1.22▲
2024 · 0.35
ROE
69.5%▲
2024 · 11.1%
Interest coverage
126.41▲
2024 · 17.34
Debt ≤ 1 year
€48,452▲
2024 · €19,545
Income taxes
€2,339▲
2024 · €377
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% 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%
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 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €88 | €13,269 | - | - |
| Remuneration, social security and pensions62 | -€221 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,842 | €14,397 | €17,906 | €781 | €701 | ▼ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €13,405 | - | - | - | - | - |
| Other operating charges640/8 | €2,983 | €2,684 | €2,264 | €919 | €724 | ▼ 21.2% |
| Non-recurring operating charges66A | €2,509 | €24,847 | €5,655 | €4,706 | - | - |
| Gross operating margin9900 | €14,275 | €66,764 | -€7,221 | €13,456 | €32,353 | ▲ 140% |
| Operating profit (loss)9901 | -€16,242 | €24,837 | -€33,046 | €7,050 | €30,929 | ▲ 339% |
| Financial income75/76B | €17 | €204 | €27 | €1 | €31 | ▲ 4,057% |
| Recurring financial income75 | €17 | €204 | €27 | €1 | €31 | ▲ 4,057% |
| Financial charges65/66B | €910 | €871 | €984 | €452 | €954 | ▲ 111% |
| Recurring financial charges65 | €910 | €871 | €984 | €452 | €250 | ▼ 44.6% |
| Non-recurring financial charges66B | - | - | - | - | €703 | - |
| Profit (loss) for the period before taxes9903 | -€17,136 | €24,169 | -€34,003 | €6,599 | €30,006 | ▲ 355% |
| Income taxes67/77 | €269 | €1,466 | €187 | €377 | €2,339 | ▲ 520% |
| Profit (loss) for the period9904 | -€17,405 | €22,703 | -€34,190 | €6,222 | €27,667 | ▲ 345% |
| Profit (loss) for the period to be appropriated9905 | -€17,405 | €22,703 | -€34,190 | €6,222 | €27,667 | ▲ 345% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,286 | €180,168 | €91,987 | €75,771 | €88,267 | ▲ 16.5% |
| Fixed assets21/28 | €39,011 | €88,054 | €54,915 | €4,006 | €4,356 | ▲ 8.7% |
| Intangible fixed assets21 | €1,259 | €839 | €419 | - | - | - |
| Tangible fixed assets22/27 | €37,752 | €87,215 | €51,196 | €706 | €4,356 | ▲ 517% |
| Plant, machinery and equipment23 | - | €41,042 | €34,814 | - | - | - |
| Furniture and vehicles24 | €37,752 | €43,076 | €13,603 | - | €2,757 | - |
| Other tangible fixed assets26 | - | €3,097 | €2,778 | €706 | €1,599 | ▲ 127% |
| Financial fixed assets28 | - | - | €3,300 | €3,300 | - | - |
| Current assets29/58 | €103,275 | €92,115 | €37,073 | €71,765 | €83,911 | ▲ 16.9% |
| Amounts receivable within one year40/41 | €7,750 | €10,426 | €5,281 | €9,628 | €13,152 | ▲ 36.6% |
| Trade receivables40 | €5,498 | €2,660 | €3,925 | €8,501 | €13,128 | ▲ 54.4% |
| Other amounts receivable41 | €2,252 | €7,767 | €1,356 | €1,126 | €24 | ▼ 97.9% |
| Cash at bank and in hand54/58 | €95,526 | €81,422 | €31,791 | €61,183 | €70,759 | ▲ 15.7% |
| Deferred charges and accrued income490/1 | - | €266 | - | €954 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,286 | €180,168 | €91,987 | €75,771 | €88,267 | ▲ 16.5% |
| Equity10/15 | €62,133 | €84,036 | €49,846 | €56,068 | €39,814 | ▼ 29.0% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €54,538 | €59,036 | €59,036 | €59,036 | €15,115 | ▼ 74.4% |
| Distributable reserves133 | €54,538 | €59,036 | €59,036 | €59,036 | €15,115 | ▼ 74.4% |
| Profit (loss) carried forward14 | -€17,405 | - | -€34,190 | -€27,968 | -€301 | ▲ 98.9% |
| Amounts payable17/49 | €80,153 | €96,132 | €42,141 | €19,703 | €48,453 | ▲ 146% |
| Amounts payable after more than one year17 | €25,573 | €28,242 | €1,477 | - | - | - |
| Financial debts170/4 | €25,573 | €28,242 | €1,477 | - | - | - |
| Amounts payable within one year42/48 | €54,524 | €67,890 | €40,622 | €19,545 | €48,452 | ▲ 148% |
| Current portion of amounts payable after more than one year42 | €13,330 | €10,166 | €3,498 | €1,477 | - | - |
| Trade debts44 | €6,479 | €20,978 | €3,057 | €12,350 | €6,533 | ▼ 47.1% |
| Suppliers440/4 | €6,479 | €20,978 | €3,057 | €12,350 | €6,533 | ▼ 47.1% |
| Advances received on contracts in progress46 | €3,999 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6,952 | €6,641 | €1,413 | €5,718 | €13,186 | ▲ 131% |
| Taxes450/3 | €5,117 | €1,466 | €1,413 | €5,718 | €13,186 | ▲ 131% |
| Remuneration and social security454/9 | €1,836 | €5,175 | - | - | - | - |
| Other amounts payable47/48 | €23,764 | €30,105 | €32,654 | - | €28,734 | - |
| Accrued charges and deferred income492/3 | €56 | - | €42 | €158 | €0 | ▼ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,405 | €22,703 | -€34,190 | €6,222 | €27,667 | ▲ 345% |
| + Depreciation and write-downs630 | €11,842 | €14,397 | €17,906 | €781 | €701 | ▼ 10.3% |
| Operating cash flow (approximation) | -€5,563 | €37,100 | -€16,284 | €7,003 | €28,368 | ▲ 305% |
| Investment in fixed assets (approximation) | - | -€63,440 | €15,233 | €50,128 | -€1,051 | ▼ 102% |
| Change in cash | - | -€14,104 | -€49,631 | €29,392 | €9,576 | ▼ 67.4% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6,222
Net result €6,222 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.67
Current ratio from 0.91 to 3.67; short-term debt falls from €40,622 to €19,545.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€34,190
Net result drops to -€34,190, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €22,703
Net result €22,703 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €28,007
Net result €28,007 after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Berlaar · 1 establishment unit since 2015
Ground area
414 m²
Building footprint
238 m²
Volume, LiDAR
1,943 m³
Parcel 12002A0271/00L002, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Liersesteenweg 45, 2590 Berlaar
since 20152.239.386.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12002A0271/00L002 | Flanders | 414 m² | 1 · 237 m² | 9.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 885 EUR awarded · 885 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 885 EUR |
| 2024 | 1 | 885 EUR | 0 EUR |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,195 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
Founded08-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43331Floor and wall tiling
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870438210
Also
9925:BE0870438210
Registered
02-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.