EXETASIS
Open bankruptcyA bankruptcy procedure is open for EXETASIS according to publications in the Belgian State Gazette; curator: Johan MOMMAERTS.
Summary
The 2022 annual accounts show negative equity (€-150k) and a net result of €-7k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-10-2023, 71 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
not filed
2023
not filed
2022
71 d late
2021
122 d late
2020
102 d late
2019
47 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-150k▼ 5.2%
2021 · €-142k
2019: €-122khighest in 4 years
2020: €-127k▼ -4.5% vs 2019
2021: €-142k▼ -11.8% vs 2020
2022: €-150k▼ -5.2% vs 2021lowest in 4 years
2019 → 2022
Total assets
€1k▲ 1,276%
2021 · €97
2019: €6khighest in 4 years
2020: €244▼ -95.8% vs 2019
2021: €97▼ -60.2% vs 2020lowest in 4 years
2022: €1k▲ +1276% vs 2021
2019 → 2022
Net result
€-7k▲ 51.0%
2021 · €-15k
2019: €-5khighest in 4 years
2020: €-5k▼ -8.8% vs 2019
2021: €-15k▼ -174% vs 2020lowest in 4 years
2022: €-7k▲ +51.0% vs 2021
2019 → 2022
Working capital
€-95k▼ 18.1%
2021 · €-80k
2019: €-85k
2020: €-79k▲ +7.0% vs 2019highest in 4 years
2021: €-80k▼ -1.4% vs 2020
2022: €-95k▼ -18.1% vs 2021lowest in 4 years
2019 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-122k-€-127k▼ 4.5%€-142k▼ 11.8%€-150k▼ 5.2%
2019: €-122khighest in 4 years
2020: €-127k▼ -4.5% vs 2019
2021: €-142k▼ -11.8% vs 2020
2022: €-150k▼ -5.2% vs 2021lowest in 4 years
Operating result€3k-€-5k€-2k▲ 49.7%€-3k▼ 26.9%
2019: €3khighest in 4 years
2020: €-5k▼ -266% vs 2019lowest in 4 years
2021: €-2k▲ +49.7% vs 2020
2022: €-3k▼ -26.9% vs 2021
Net result€-5k-€-5k▼ 8.8%€-15k▼ 174%€-7k▲ 51.0%
2019: €-5khighest in 4 years
2020: €-5k▼ -8.8% vs 2019
2021: €-15k▼ -174% vs 2020lowest in 4 years
2022: €-7k▲ +51.0% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2022 against €2k in 2021; the loss grows.
Key figures and ratios
Debt
€151k▲
2021 · €143k
Debt ≤ 1 year
€96k▲
2021 · €80k
Debt > 1 year
€55k▼
2021 · €62k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 37 lines
Balance sheet
Code20212022
Assets
Total assets20/58€97€1k▲
Current assets29/58€97€1k▲
Amounts receivable within one year40/41€97€387▲
Other amounts receivable41€97€387▲
Cash at bank and in hand54/58-€949
Equity and liabilities
Total equity and liabilities10/49€97€1k▲
Equity10/15€-142k€-150k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€66k€66k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€-227k€-235k▼
Amounts payable17/49€143k€151k▲
Amounts payable after more than one year17€62k€55k▼
Financial debts170/4€62k€55k▼
Amounts payable within one year42/48€80k€96k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43€769-
Credit institutions430/8€769-
Trade debts44€379€1k▲
Suppliers440/4€379€1k▲
Taxes, remuneration and social security45€245-
Taxes450/3€245-
Other amounts payable47/48€72k€87k▲
Income statement
Code20212022
Other operating charges640/8€379€348▼
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€13k€4k▼
Recurring financial charges65€13k€4k▼
Profit (loss) for the period before taxes9903€-15k€-7k▲
Profit (loss) for the period9904€-15k€-7k▲
Profit (loss) for the period to be appropriated9905€-15k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-227k€-235k▼
Profit (loss) brought forward from the previous period14P€-212k€-227k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €379 | €348 | ▼ 8.4% |
| Gross operating margin9900 | €3k | €-5k | €-2k | €-3k | ▼ 33.9% |
| Operating profit (loss)9901 | €3k | €-5k | €-2k | €-3k | ▼ 26.9% |
| Financial charges65/66B | - | - | €13k | €4k | ▼ 64.9% |
| Recurring financial charges65 | €8k | €952 | €13k | €4k | ▼ 64.9% |
| Profit (loss) for the period before taxes9903 | €-5k | €-5k | €-15k | €-7k | ▲ 51.0% |
| Income taxes67/77 | €38 | - | - | - | - |
| Profit (loss) for the period9904 | €-5k | €-5k | €-15k | €-7k | ▲ 51.0% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-5k | €-15k | €-7k | ▲ 51.0% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €6k | €244 | €97 | €1k | ▲ 1,276% |
| Current assets29/58 | €6k | €244 | €97 | €1k | ▲ 1,276% |
| Amounts receivable within one year40/41 | €6k | €222 | €97 | €387 | ▲ 299% |
| Other amounts receivable41 | - | - | €97 | €387 | ▲ 299% |
| Cash at bank and in hand54/58 | - | €22 | - | €949 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €6k | €244 | €97 | €1k | ▲ 1,276% |
| Equity10/15 | €-122k | €-127k | €-142k | €-150k | ▼ 5.2% |
| Contributions10/11 | €19k | - | €19k | €19k | = |
| Outside capital11 | - | - | €19k | €19k | = |
| Other1109/19 | - | - | €19k | €19k | = |
| Reserves13 | €66k | €66k | €66k | €66k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | = |
| Distributable reserves133 | - | - | €65k | €65k | = |
| Profit (loss) carried forward14 | €-207k | €-212k | €-227k | €-235k | ▼ 3.2% |
| Amounts payable17/49 | €128k | €128k | €143k | €151k | ▲ 6.0% |
| Amounts payable after more than one year17 | €37k | €48k | €62k | €55k | ▼ 11.5% |
| Financial debts170/4 | - | - | €62k | €55k | ▼ 11.5% |
| Amounts payable within one year42/48 | €91k | €79k | €80k | €96k | ▲ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €8k | ▲ 25.3% |
| Financial debts43 | - | - | €769 | - | - |
| Credit institutions430/8 | - | - | €769 | - | - |
| Trade debts44 | €1k | €7k | €379 | €1k | ▲ 238% |
| Suppliers440/4 | - | - | €379 | €1k | ▲ 238% |
| Taxes, remuneration and social security45 | - | - | €245 | - | - |
| Taxes450/3 | - | - | €245 | - | - |
| Other amounts payable47/48 | - | - | €72k | €87k | ▲ 19.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-5k | €-15k | €-7k | ▲ 51.0% |
| Operating cash flow (approximation) | €-5k | €-5k | €-15k | €-7k | ▲ 51.0% |
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
2025
04-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 25-02-2025
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 65 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 224 days late
2015
16-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 169 days late
2013
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Sint-Pieters-Woluwe · 1 establishment unit since 1991
Ground area
4,575 m²
Building footprint
713 m²
Volume, LiDAR
7,063 m³
2 parcels, Brussels · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
95
companies at this address
See who is registered here
1 establishment unit
PAINT CONSTRUCT
since 19912.053.467.729
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0142/00A004 | Brussels | 4,483 m² | 1 · 617 m² | 18.7 m · 3 fl. |
| 21384D0179/00P000 | Brussels | 92 m² | 1 · 95 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Johan MOMMAERTS SINT-MAARTENSTRAAT 53,
3000 LEUVEN |
25-02-2025 → present |
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded04-06-1991
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.