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EXBAL

Active
Private limited company (pre-2019)founded 199036 years activeAvenue François Bovesse 63, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0441.525.786
Summary

EXBAL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €63,272 and a net result of €44,817. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 290 sector peers (NACE 74, fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other specialised design activities
NACE 74140
1 site
Size
€130,887total assets 2024
Equity
€63,272
Profit
€44,817
Financial health
91 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 69 days overdue0 of 2 deeds read
Why 91- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late+ Liquidity: current ratio 1.96, cash €53,847+ Founded in 1990+ Sector Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2024
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 74, micro)
Financial strength · tick = 2023
Strong
Solvency 73-27
equity 48.3% of total assets
Liquidity 78+9
short-term debt 45.6% · cash 41.1%
Profitability 100+14
return on assets 34.2%
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 0.2% (5,410 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 percentage points 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 04-2026lowest value 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: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 5.16 in 2023; short-term debt: 45.6% and cash: 41.1% of total assets), but 51.7% of the assets are financed with debt.
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 74, micro): better than 50% on solvency, 69% on liquidity, 88% on profitability and 82% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.96, cash €53,847
NBB · annual accounts
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector Other professional, scientific and technical activities (NACE 74)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
91 days late
2022
107 days late
2021
102 days late
2020
59 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Highest result since 2018net €44,817 ▲521%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Active since 1990founded 01-09-1990 36 years View
  • Total assets 20246 fiscal years filed €130,887 View

By topic

Financials

Fiscal year
2024
Total assets
€130,887
Profit
€44,817
Solvency
48.3%
Total assets▲ 151%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2023Liquidity doubles
  2. 15-11-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other specialised design activitiesNACE 74140
Founded
01-09-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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