EXE CONCEPT
ActiveSummary
EXE CONCEPT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240k and a net result of €55k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 51% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+10
Solvency82▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 0.83 in 2024; short-term debt: 19.1% and cash: 24.9% of total assets), and 42.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
57.2%
Return on assets
13.1%
Age of the figures
9 mo
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
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 25-05-2026, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
2 d early
2023
18 d early
2022
5 d early
2021
on the day
2020
27 d late
2019
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€240k▲ 29.6%
2024 · €185k
Total assets
€420k▲ 7.8%
2024 · €389k
Net result
€55k▲ 178%
2024 · €20k
Working capital
€56k
2024 · €-16k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€34k▼ 8.4%€42k▲ 20.4%€73k▲ 76.6%€30k▼ 58.8%€79k▲ 160%
Net result€23k▼ 12.5%€27k▲ 19.0%€52k▲ 91.9%€20k▼ 61.8%€55k▲ 178%
Equity€200k▼ 7.8%€221k▲ 10.4%€253k▲ 14.3%€185k▼ 26.8%€240k▲ 29.6%
Total assets€388k▼ 12.7%€394k▲ 1.4%€407k▲ 3.4%€389k▼ 4.3%€420k▲ 7.8%
Debt€188k▼ 17.5%€172k▼ 8.3%€154k▼ 10.6%€204k▲ 32.6%€180k▼ 12.0%
Working capital€66k▼ 28.8%€56k▼ 14.9%€41k▼ 27.6%€-16k€56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 160% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420k
Fixed assets
€284k ▼ 9.6%
Current assets
€136k ▲ 80.2%
Equity and liabilities €420k
Equity
€240k ▲ 29.6%
Debt
€180k ▼ 12.0%
Debt's share of the balance-sheet total falls from 52.4% to 42.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2024 · €59k
Cash flow
€84k▲
2024 · €48k
Current ratio
1.70▲
2024 · 0.83
Debt to equity
0.75▼
2024 · 1.10
ROE
22.8%▲
2024 · 10.7%
ROA
13.1%▲
2024 · 5.1%
Interest coverage
49.63▲
2024 · 24.43
Debt ≤ 1 year
€80k▼
2024 · €91k
Debt > 1 year
€100k▼
2024 · €113k
Income taxes
€22k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | €9k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €21k | €19k | €28k | €29k | ▲ 3.4% |
| Other operating charges640/8 | €754 | €773 | €1k | €2k | €1k | ▼ 10.3% |
| Gross operating margin9900 | €49k | €63k | €94k | €60k | €109k | ▲ 81.7% |
| Operating profit (loss)9901 | €34k | €42k | €73k | €30k | €79k | ▲ 160% |
| Financial income75/76B | €3k | €170 | €482 | €473 | €104 | ▼ 78.1% |
| Recurring financial income75 | €3k | €170 | €482 | €473 | €104 | ▼ 78.1% |
| Financial charges65/66B | €3k | €3k | €3k | €2k | €2k | ▼ 9.3% |
| Recurring financial charges65 | €3k | €3k | €3k | €2k | €2k | ▼ 9.3% |
| Non-recurring financial charges66B | - | €58 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €34k | €39k | €71k | €28k | €77k | ▲ 171% |
| Income taxes67/77 | €11k | €12k | €20k | €9k | €22k | ▲ 155% |
| Profit (loss) for the period9904 | €23k | €27k | €52k | €20k | €55k | ▲ 178% |
| Profit (loss) for the period to be appropriated9905 | €23k | €27k | €52k | €20k | €55k | ▲ 178% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €388k | €394k | €407k | €389k | €420k | ▲ 7.8% |
| Fixed assets21/28 | €286k | €304k | €338k | €314k | €284k | ▼ 9.6% |
| Tangible fixed assets22/27 | €286k | €304k | €338k | €314k | €284k | ▼ 9.6% |
| Land and buildings22 | €259k | €252k | €245k | €238k | €231k | ▼ 3.0% |
| Plant, machinery and equipment23 | €15k | €13k | €11k | €11k | €9k | ▼ 20.3% |
| Furniture and vehicles24 | €12k | €39k | €83k | €65k | €44k | ▼ 32.1% |
| Other tangible fixed assets26 | €479 | €240 | - | - | - | - |
| Current assets29/58 | €102k | €89k | €68k | €76k | €136k | ▲ 80.2% |
| Amounts receivable within one year40/41 | - | €24k | €6k | €14k | €29k | ▲ 103% |
| Trade receivables40 | - | €18k | €466 | €662 | €16k | ▲ 2,375% |
| Other amounts receivable41 | - | €6k | €5k | €13k | €12k | ▼ 9.0% |
| Current investments50/53 | €19k | €19k | €19k | €19k | - | - |
| Cash at bank and in hand54/58 | €82k | €46k | €44k | €38k | €105k | ▲ 172% |
| Deferred charges and accrued income490/1 | €2k | €1k | €321 | €4k | €3k | ▼ 35.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €388k | €394k | €407k | €389k | €420k | ▲ 7.8% |
| Equity10/15 | €200k | €221k | €253k | €185k | €240k | ▲ 29.6% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves13 | €199k | €220k | €252k | €184k | €239k | ▲ 29.8% |
| Non-distributable reserves130/1 | €4k | €4k | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €195k | €216k | €248k | €180k | €235k | ▲ 30.4% |
| Amounts payable17/49 | €188k | €172k | €154k | €204k | €180k | ▼ 12.0% |
| Amounts payable after more than one year17 | €152k | €139k | €126k | €113k | €100k | ▼ 11.8% |
| Financial debts170/4 | €152k | €139k | €126k | €113k | €100k | ▼ 11.8% |
| Amounts payable within one year42/48 | €36k | €33k | €28k | €91k | €80k | ▼ 12.2% |
| Current portion of amounts payable after more than one year42 | €12k | €13k | €13k | €13k | €13k | ▲ 1.7% |
| Trade debts44 | €816 | €516 | €474 | €575 | €2k | ▲ 302% |
| Suppliers440/4 | €816 | €516 | €474 | €575 | €2k | ▲ 302% |
| Taxes, remuneration and social security45 | €22k | €20k | €14k | €9k | €15k | ▲ 54.1% |
| Taxes450/3 | €22k | €20k | €14k | €9k | €15k | ▲ 54.1% |
| Other amounts payable47/48 | €813 | - | €976 | €68k | €50k | ▼ 26.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €27k | €52k | €20k | €55k | ▲ 178% |
| + Depreciation and write-downs630 | €14k | €21k | €19k | €28k | €29k | ▲ 3.4% |
| Operating cash flow (approximation) | €37k | €48k | €71k | €48k | €84k | ▲ 74.8% |
| Investment in fixed assets (approximation) | - | €-39k | €-54k | €-4k | €793 | ▲ 121% |
| Change in cash | - | €-36k | €-2k | €-5k | €66k | ▲ 1,309% |
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
25-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €55k ▲178%
Operating result €79k, net result €55k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.70
Current ratio from 0.83 to 1.70; short-term debt falls from €91k to €80k.
31-12
Financial
Equity above €200kEq €240k ▲29.6%
8 profitable years in a row build equity to €240k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €222k ▲15.5%
2 profitable years in a row build equity to €222k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wavre · 1 establishment unit since 2009
Ground area
860 m²
Building footprint
110 m²
Volume, LiDAR
694 m³
Parcel 25055B0003/00X000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EXE CONCEPT
since 20092.183.590.556
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055B0003/00X000 | Wallonia | 860 m² | 1 · 110 m² | 7.8 m · 2 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.
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DrivenBy
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,269. 930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded04-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
43211General electrical installation work
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.