EXENTO
ActiveEXENTO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-119k) and a net result of €-10k. Equity is shrinking by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
0
/ 100
Critical▼ -46 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▲+41
Solvency33▼-34
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 2.31 in 2023), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-1998.3%
Return on assets
-162.3%
Age of the figures
20 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€119k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
5 d early
2022
24 d late
2021
22 d late
2020
30 d late
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-119k▼ 8.8%
2023 · €-109k
2018: €40k
2019: €5k
2020: €-101k
2021: €-126k
2022: €-120k
2023: €-109k
2018 → 2024
Total assets
€6k▼ 68.9%
2023 · €19k
2018: €43k
2019: €88k
2020: €25k
2021: €14k
2022: €9k
2023: €19k
2018 → 2024
Net result
€-10k
2023 · €11k
2018: €-19k
2019: €-35k
2020: €-106k
2021: €-28k
2022: €5k
2023: €11k
2018 → 2024
Working capital
€-8k
2023 · €7k
2018: €28k
2019: €67k
2020: €4k
2021: €836
2022: €-2k
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-101k-€-126k▼ 24.2%€-120k▲ 4.3%€-109k▲ 9.5%€-119k▼ 8.8%
Operating result€-106k-€-26k▲ 75.0%€6k€12k▲ 92.4%€-9k
Net result€-106k-€-28k▲ 74.1%€5k€11k▲ 114%€-10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6k
Fixed assets
€5k▼ 19.7%
Current assets
€783▼ 93.8%
Key figures and ratios
EBITDA
€-8k▼
2023 · €14k
Cash flow
€-8k▼
2023 · €14k
Solvency
-1998.3%▼
2023 · -571.0%
Current ratio
0.09▼
2023 · 2.31
Quick ratio
0.09▼
2023 · 2.31
Debt / equity
-1.05▲
2023 · -1.18
ROE
8.1%▲
2023 · -10.5%
ROA
-162.3%▼
2023 · 60.2%
Interest coverage
-26.29▼
2023 · 51.29
Debt
€124k▼
2023 · €128k
Debt ≤ 1 year
€9k▲
2023 · €5k
Debt > 1 year
€116k▼
2023 · €123k
Income taxes
€394▲
2023 · €386
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€6k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€13k€783▼
Amounts receivable within one year40/41€13k€215▼
Trade receivables40€12k-
Other amounts receivable41€536€215▼
Cash at bank and in hand54/58€128€569▲
Equity and liabilities
Total equity and liabilities10/49€19k€6k▼
Equity10/15€-109k€-119k▼
Contributions10/11€67k€67k=
Capital10€67k€67k=
Issued capital100€67k€67k=
Reserves13€74k€74k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€60k€60k=
Profit (loss) carried forward14€-250k€-260k▼
Amounts payable17/49€128k€124k▼
Amounts payable after more than one year17€123k€116k▼
Other amounts payable178/9€123k€116k▼
Amounts payable within one year42/48€5k€9k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€1k€779▼
Taxes450/3€1k€779▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€598€610▲
Gross operating margin9900€15k€-7k▼
Operating profit (loss)9901€12k€-9k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€279€292▲
Recurring financial charges65€279€292▲
Profit (loss) for the period before taxes9903€12k€-9k▼
Income taxes67/77€386€394▲
Profit (loss) for the period9904€11k€-10k▼
Profit (loss) for the period to be appropriated9905€11k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-250k€-260k▼
Profit (loss) brought forward from the previous period14P€-261k€-250k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €11k ▲114%
Operating result €12k, net result €11k, both a record.
31-12
Financial
Liquidity times 14current ratio 2.31
Current ratio from 0.16 to 2.31.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 4 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 7current ratio 64.76
Current ratio from 9.28 to 64.76; short-term debt falls from €3k to €1k.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Zulte · 1 establishment unit since 1997
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.
Groeneweg 1589870 ZulteGround area
1,565 m²
Building footprint
145 m²
Parcel 44050B0182/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Incebin
since 19972.080.114.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B0182/00D000 | Flanders | 1,565 m² | 1 · 145 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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Of 24,419 companies in sector 82990 we hold annual accounts for 9,353. 3,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-01-1997
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 06-09-2026. Scores and ratios are computed by Checked and are not a credit decision.