EXCOFIS
ActiveEXCOFIS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €4k. Equity is shrinking by ~26.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 10% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-5
Solvency31▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.99 in 2024; short-term debt: 93.9% and cash: 68.7% of total assets), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
6.1%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 12690 sector peers (2025).
NBB · sector comparisonPosition among 12690 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-03-2026, 133 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
133 d early
2024
140 d early
2023
16 d early
2022
7 d early
2021
40 d early
2020
5 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 19.6%
2024 · €21k
2020: €81k
2021: €92k
2022: €133k
2023: €34k
2024: €21k
2020 → 2025
Total assets
€408k▲ 92.2%
2024 · €212k
2020: €121k
2021: €172k
2022: €188k
2023: €413k
2024: €212k
2020 → 2025
Net result
€4k▼ 62.1%
2024 · €11k
2020: €61k
2021: €11k
2022: €41k
2023: €706
2024: €11k
2020 → 2025
Working capital
€15k
2024 · €-2k
2020: €57k
2021: €70k
2022: €112k
2023: €9k
2024: €-2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€133k▲ 44.7%€34k▼ 74.5%€21k▼ 39.1%€25k▲ 19.6%
Operating result€14k-€49k▲ 252%€3k▼ 94.7%€12k▲ 361%€8k▼ 33.3%
Net result€11k-€41k▲ 262%€706▼ 98.3%€11k▲ 1,419%€4k▼ 62.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408k
Fixed assets
€10k▼ 56.0%
Current assets
€398k▲ 110%
Equity and liabilities €408k
Equity
€25k▲ 19.6%
Debt
€383k▲ 100%
The debt ratio rises from 90.2% to 93.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €26k
Cash flow
€17k▼
2024 · €25k
Solvency
6.1%▼
2024 · 9.8%
Current ratio
1.04▲
2024 · 0.99
Quick ratio
1.04▲
2024 · 0.99
Debt / equity
15.46▲
2024 · 9.25
ROE
16.4%▼
2024 · 51.7%
ROA
1.0%▼
2024 · 5.0%
Interest coverage
99.29▼
2024 · 187.54
Debt
€383k▲
2024 · €192k
Debt ≤ 1 year
€383k▲
2024 · €192k
Income taxes
€4k▼
2024 · €5k
Staff costs
€186k▲
2024 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€212k€408k▲
Fixed assets21/28€22k€10k▼
Intangible fixed assets21€8k€5k▼
Tangible fixed assets22/27€15k€4k▼
Land and buildings22€3k€488▼
Plant, machinery and equipment23€289-
Furniture and vehicles24€11k€4k▼
Financial fixed assets28€265€265=
Current assets29/58€190k€398k▲
Amounts receivable within one year40/41€38k€110k▲
Trade receivables40€29k€76k▲
Other amounts receivable41€9k€34k▲
Cash at bank and in hand54/58€143k€280k▲
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€212k€408k▲
Equity10/15€21k€25k▲
Contributions10/11€20k€20k=
Reserves13€729€5k▲
Distributable reserves133€729€5k▲
Amounts payable17/49€192k€383k▲
Amounts payable within one year42/48€192k€383k▲
Trade debts44€155k€345k▲
Suppliers440/4€155k€345k▲
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€327-
Remuneration and social security454/9€12k€18k▲
Other amounts payable47/48€24k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€133k€186k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k€-22k▼
Other operating charges640/8€1k€934▼
Gross operating margin9900€181k€185k▲
Operating profit (loss)9901€12k€8k▼
Financial income75/76B€4k€711▼
Recurring financial income75€4k€711▼
Financial charges65/66B€140€207▲
Recurring financial charges65€140€207▲
Profit (loss) for the period before taxes9903€16k€9k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€11k€4k▼
Profit (loss) for the period to be appropriated9905€11k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€4k▼
Transfer from equity791/2€14k-
Transfer to equity691/2€729€4k▲
To other reserves6921€729€4k▲
Profit to be distributed694/7€24k-
Return on contributions (dividend)694€24k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €706 ▼98.3%
Net result drops to €706, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €133k ▲44.7%
3 profitable years in a row build equity to €133k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, La Bruyère · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Suarlée, Rhisnes 175080 La BruyèreGround area
800 m²
Building footprint
87 m²
Parcel 92102A0092/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
EXCOFIS
since 20192.289.029.061
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92102A0092/00C002 | Wallonia | 800 m² | 1 · 87 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TRIDELTA
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Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 4,827 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2019
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.