Equity
€11,457 from €91,504 in 2007
Equity fell by 87% in 18 years.
EXCEPTION
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €209,524 (2025)
€209,524▲ 22.0%
lowest -€23,057 (2013)
-€216▲ €3,395
peak €91,504 (2007)
€11,457▼ 1.8%
€98,517▼ 20.5%
peak 4.1 FTE (2006)
4 FTE▲ 8.1%
Board2 names since 2017
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €171,803 to €209,524Loss of €216Staff from 3.7 FTE to 4 FTEDebts from €123,933 to €98,517Cash from €57,363 to €38,657
Key points
from the 2025 annual accountsLosses
-€22,010 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€98,517 90% of the balance sheet
Suppliers 37%Taxes and wages 54%Other 9%
Of this, €94,077 falls due within a year.
Staff
4 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Filings
42 annual accounts since 1984
Three of the last ten came late. The 2023 accounts came latest: 58 days after the end of the period.
Position in the sector
€11,457
Less equity than 86% of companies in retail trade. Sector median €315,153 · 13,237 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,451 companies had the same profile as EXCEPTION has now. Each dot stands for 7 companies, two years later.
93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 2,451 companies, not a prediction for EXCEPTION. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0425682124
New establishment in Ixelles
Baljuwstraat 104
Purpose change
“Toutes opérations commerciales généralement quelconques et notamment l'achat et la vente en gros,demi-gros et…” (deed in French) · General meeting of 23-01-2019 · Gazette deed
Appointment: (manager)
General meeting of 01-07-2017 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as EXCEPTION: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €79,300 and €211,000, founded between 1990 and 2003.
Official details
Source: KBO- Status
- Active since 27-04-1984Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716and 1 other
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.155.498.0691040 Etterbeek, since 08-05-1984
- 2.285.361.1741050 Ixelles, since 16-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-12-2025
Annual accounts 2025
- ≈ €980,000estimated
- €109,973▼ 18.9%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 31-08-2026
Insights on EXCEPTION
EXCEPTION files the abbreviated format. That format states no turnover. The gross margin rose from €130,479 in 2006 to €209,524 in 2025.
The balance sheet grew most from 2008 to 2009 through fixed assets.
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 EXCEPTION
- What is the company number of EXCEPTION?
- The company number of EXCEPTION is 0425.682.124. The VAT number is the same number with BE in front: BE 0425.682.124.
- Where is EXCEPTION based?
- The registered office is at Tongerenstraat 45, 1040 Etterbeek.Company details
- What does EXCEPTION do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of EXCEPTION?
- EXCEPTION is a private limited company (pre-2019) (BVBA).
- When was EXCEPTION founded?
- EXCEPTION was founded on 27-04-1984.
- Is EXCEPTION still active?
- Yes, EXCEPTION is an active enterprise in the KBO register.
- How many employees does EXCEPTION have?
- EXCEPTION had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EXCEPTION fall under?
- In its 2025 annual accounts, EXCEPTION states joint committee 201 (Independent retail).
- What is the turnover of EXCEPTION?
- The turnover in financial year 2025 is ≈ €980,000. This figure is estimated from the gross margin of €209,524 and 51 comparable companies (NACE 477). It probably lies between €660,000 and €1.9m.
- Is EXCEPTION profitable?
- In financial year 2025, EXCEPTION made a loss of €216.
- Where can I find the annual accounts of EXCEPTION?
- EXCEPTION filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EXCEPTION due?
- EXCEPTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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