Equity
€28,446 from €162,272 in 2023
Equity fell by 82% in 2 years.
EXADIVE
Lifetime
7 annual accounts with figures on one time axispeak €202,025 (2023)
-€17,690▼ €124,955
lowest -€88,116 (2025)
-€88,116▼ €147,408
peak €162,272 (2023)
€28,446▼ 75.6%
€335,797▲ 0.1%
Board1 name since 2019
1 directorORAKZAI Faisal Moeen
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €107,265 to -€17,690Loss of €88,116Equity from €116,563 to €28,446
Key points
from the 2025 annual accountsResult
-€88,116 -€88,116
From profit to loss in 2025, after a profit of €59,291 in 2024.
Debts
€335,797 92% of the balance sheet
Suppliers 71%Taxes and wages 3%Other 26%
Filings
7 annual accounts 6 late
The 2024 accounts came latest: 57 days after the end of the period.
At the same address
307 companies
Position in the sector
-€88,116
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,211 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 14% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Loss of €88,116 (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.08, cash €252,098
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 15% of them on solvency, 27% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 646 companies had the same profile as EXADIVE has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EXADIVE itself is lower: 0.3% within 12 months. It rests on far more data about EXADIVE than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 646 companies, not a prediction for EXADIVE. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.08 (1.34 in 2024), below the usual 1.5. Short-term debt is 92.2% and cash 69.2% of total assets. 92.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 21205 sector peers (2025).
NBB · sector comparisonPosition among 21205 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
31 days late
2024
57 days late
2023
1 day late
2022
28 days late
2021
6 days early
2020
2 days late
2019
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737873159
First establishment
Groot-Bijgaardenstraat 14, Berchem-Sainte-Agathe
Incorporation
Founder: ORAKZAI Faisal Moeen · Founding capital of €2,000, 100 shares · Appointment: ORAKZAI Faisal Moeen (director) · published on 22-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EXADIVE Berchem-Sainte-Agathe | €364,243 | -€17,690 | 7.8% | - |
| MALO SOLUTION Brussels | €309,086 | -€123,953 | -79.8% | - |
| YASKA BELGIUM Oosterzele | €369,500 | -€118,714 | -19.4% | - |
| TDSQVISION Beveren-Kruibeke-Zwijndrecht | €368,139 | -€9,709 | -10.6% | - |
| FLIPTECH Geel | €314,763 | -€1,488 | 74.9% | - |
| GDPRWISE Antwerp | €345,166 | -€10,721 | -106.5% | - |
| EGYM Wellpass Belgium Brussels | €330,901 | -€134,295 | -355.6% | - |
These companies have the same main activity as EXADIVE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €309,000 and €370,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 20-11-2019Normal situation
- Registered office
- 308 active companies are registered at this address53 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.298.524.5691082 Berchem-Sainte-Agathe, since 01-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Insights on EXADIVE
EXADIVE files the micro format. That format states no turnover. The gross margin fell from -€14,289 in 2019 to -€17,690 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EXADIVE
- What is the company number of EXADIVE?
- The company number of EXADIVE is 0737.873.159. The VAT number is the same number with BE in front: BE 0737.873.159.
- Where is EXADIVE based?
- The registered office is at Groot-Bijgaardenstraat 14, 1082 Berchem-Sainte-Agathe.Company details
- What does EXADIVE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of EXADIVE?
- EXADIVE is a private limited company (BV).
- When was EXADIVE founded?
- EXADIVE was founded on 20-11-2019.
- Is EXADIVE still active?
- Yes, EXADIVE is an active enterprise in the KBO register.
- How many employees does EXADIVE have?
- EXADIVE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EXADIVE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is EXADIVE profitable?
- In financial year 2025, EXADIVE made a loss of €88,116.
- Where can I find the annual accounts of EXADIVE?
- EXADIVE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EXADIVE due?
- EXADIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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