EXHALE
ActiveEXHALE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-335k) and a net result of €-180k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 1.02 in 2023; short-term debt: 469.8% and cash: 84.8% of total assets), and equity is negative.
Credit advice 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
-369.8%
Return on assets
-198.3%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
1921222324
2019 to 2024 · latest year €-335k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
1 d late
2022
92 d late
2021
117 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-335k▼ 116%
2023 · €-156k
2019: €3k
2021: €21k
2022: €12k
2023: €-156k
2019 → 2024
Total assets
€91k▼ 76.4%
2023 · €384k
2019: €43k
2021: €63k
2022: €491k
2023: €384k
2019 → 2024
Net result
€-180k▼ 7.6%
2023 · €-167k
2019: €-5k
2021: €-22k
2022: €-9k
2023: €-167k
2019 → 2024
Working capital
€-343k
2023 · €6k
2019: €3k
2021: €17k
2022: €231k
2023: €6k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€3k-€21k▲ 529%€12k▼ 43.6%€-156k€-335k▼ 116%
Operating result€-6k-€-22k▼ 276%€-4k▲ 79.8%€-163k▼ 3,614%€-177k▼ 8.9%
Net result€-5k-€-22k▼ 329%€-9k▲ 59.3%€-167k▼ 1,767%€-180k▼ 7.6%
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 €177k in 2024 against €163k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91k
Fixed assets
€8k▼ 21.1%
Current assets
€83k▼ 77.9%
Key figures and ratios
EBITDA
€-175k▼
2023 · €-161k
Cash flow
€-178k▼
2023 · €-165k
Solvency
-369.8%▼
2023 · -40.5%
Current ratio
0.19▼
2023 · 1.02
Quick ratio
0.19▼
2023 · 1.02
Debt / equity
-1.27▲
2023 · -3.47
ROA
-198.3%▼
2023 · -43.6%
Interest coverage
-44.15▼
2023 · -33.59
Debt
€426k▼
2023 · €539k
Debt ≤ 1 year
€426k▲
2023 · €368k
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€384k€91k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€10k€8k▼
Current assets29/58€374k€83k▼
Amounts receivable within one year40/41€78k€6k▼
Trade receivables40€41k-
Other amounts receivable41€37k€6k▼
Cash at bank and in hand54/58€214k€77k▼
Deferred charges and accrued income490/1€81k-
Equity and liabilities
Total equity and liabilities10/49€384k€91k▼
Equity10/15€-156k€-335k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-164k€-344k▼
Amounts payable17/49€539k€426k▼
Amounts payable within one year42/48€368k€426k▲
Financial debts43€484-
Credit institutions430/8€484-
Trade debts44€97k€5k▼
Suppliers440/4€97k€5k▼
Advances received on contracts in progress46-€17k
Taxes, remuneration and social security45€686€4k▲
Taxes450/3€686€4k▲
Other amounts payable47/48€270k€401k▲
Accrued charges and deferred income492/3€171k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€16k€2k▼
Non-recurring operating charges66A€137-
Gross operating margin9900€-144k€-173k▼
Operating profit (loss)9901€-163k€-177k▼
Financial income75/76B€362€1k▲
Recurring financial income75€362€1k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-167k€-180k▼
Profit (loss) for the period9904€-167k€-180k▼
Profit (loss) for the period to be appropriated9905€-167k€-180k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-164k€-344k▼
Profit (loss) brought forward from the previous period14P€3k€-164k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Weakest financial yearnet €-180k
Net result drops to €-180k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2018
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.
Lange Koepoortstraat 242000 AntwerpenGround area
630 m²
Building footprint
625 m²
Parcel 11002A2230/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
EXHALE
since 20182.273.656.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A2230/00D000 | Flanders | 630 m² | 1 · 625 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 3,526 companies in sector 90391 we hold annual accounts for 680. 392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2018
Fiscal year end31-12
Activities, NACEBEL
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
82300Organisation of conventions and trade shows
82990Other business support services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.