exeKute
ActiveexeKute has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency17▼-83
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 7.63 in 2024), and 91.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
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
8.4%
Return on assets
22.5%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 16932 sector peers (2025).
NBB · sector comparisonPosition among 16932 sector peers
Solvency
better than 14%
← 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 07-04-2026, 115 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
115 d early
2024
72 d early
2023
34 d early
2022
26 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 89.5%
2024 · €155k
2022: €69k
2023: €104k
2024: €155k
2022 → 2025
Total assets
€194k▲ 8.8%
2024 · €178k
2022: €95k
2023: €121k
2024: €178k
2022 → 2025
Net result
€44k▼ 14.1%
2024 · €51k
2022: €66k
2023: €35k
2024: €51k
2022 → 2025
Working capital
€2k▼ 98.8%
2024 · €153k
2022: €60k
2023: €99k
2024: €153k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€69k-€104k▲ 49.9%€155k▲ 48.8%€16k▼ 89.5%
Operating result€84k-€44k▼ 47.5%€65k▲ 45.8%€56k▼ 13.9%
Net result€66k-€35k▼ 47.8%€51k▲ 46.5%€44k▼ 14.1%
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 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€14k▲ 607%
Current assets
€179k▲ 1.9%
Equity and liabilities €194k
Equity
€16k▼ 89.5%
Debt
€178k▲ 669%
The debt ratio rises from 13.0% to 91.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€62k▼
2024 · €69k
Cash flow
€50k▼
2024 · €55k
Solvency
8.4%▼
2024 · 87.0%
Current ratio
1.01▼
2024 · 7.63
Quick ratio
1.01▼
2024 · 7.63
Debt / equity
10.96▲
2024 · 0.15
ROE
269.5%▲
2024 · 32.8%
ROA
22.5%▼
2024 · 28.5%
Interest coverage
321.68▲
2024 · 310.93
Debt
€178k▲
2024 · €23k
Debt ≤ 1 year
€178k▲
2024 · €23k
Income taxes
€12k▼
2024 · €14k
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€178k€194k▲
Fixed assets21/28€2k€14k▲
Tangible fixed assets22/27€1k€14k▲
Plant, machinery and equipment23€233€107▼
Furniture and vehicles24€1k€13k▲
Financial fixed assets28€700€700=
Current assets29/58€176k€179k▲
Amounts receivable within one year40/41€34k€26k▼
Trade receivables40€34k€26k▼
Other amounts receivable41-€145
Current investments50/53€74k€74k=
Cash at bank and in hand54/58€67k€78k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€178k€194k▲
Equity10/15€155k€16k▼
Contributions10/11€3k€3k=
Reserves13€152k€13k▼
Distributable reserves133€152k€13k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€23k€178k▲
Amounts payable within one year42/48€23k€178k▲
Trade debts44€2k€14k▲
Suppliers440/4€2k€14k▲
Taxes, remuneration and social security45€21k€7k▼
Taxes450/3€21k€7k▼
Other amounts payable47/48€32€156k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€630€984▲
Gross operating margin9900€69k€63k▼
Operating profit (loss)9901€65k€56k▼
Financial charges65/66B€221€192▼
Recurring financial charges65€221€192▼
Profit (loss) for the period before taxes9903€64k€55k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€51k€44k▼
Profit (loss) for the period to be appropriated9905€51k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€44k▼
Transfer from equity791/2-€152k
Transfer to equity691/2€51k€13k▼
To other reserves6921€51k€13k▼
Profit to be distributed694/7-€182k
Return on contributions (dividend)694-€182k
The notes to these accounts (10 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €155k ▲48.8%
3 profitable years in a row build equity to €155k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €35k ▼47.8%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 6.79
Current ratio from 3.38 to 6.79; short-term debt falls from €25k to €17k.
31-12
Financial
Equity above €100kEq €104k ▲49.9%
2 profitable years in a row build equity to €104k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merelbeke-Melle · 1 establishment unit since 2021
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.
Triestlaan 249820 Merelbeke-MelleGround area
138 m²
Building footprint
48 m²
Volume, LiDAR
335 m³
Parcel 44043A0473/00M016, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
exeKute
since 20212.319.883.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0473/00M016 | Flanders | 138 m² | 1 · 47 m² | 9.4 m · 2 fl. |
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.
Similar companies · same sector, comparable size
WASA BELGIUM
BE 0800.501.507
Brussel · Eq €16k
MCIT CONSULTING
BE 0886.799.041
Chaumont-Gistoux · Eq €16k
DerphiTec
BE 0891.077.830
Perwez · Eq €16k
MARVEL CONSULTANCY
BE 1028.210.688
Brussel · Eq €16k
SUBSKRIBO
BE 0753.953.284
Lummen · Eq €16k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 12,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2021
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.