Skip to content

EXHALE

Active
Private limited companyfounded 2018active for 8 yearsLange Koepoortstraat 24, 2000 Antwerpen, BelgiumKBO/BCE: BE 0690.933.176
Summary

EXHALE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€293,723) and a net result of €41,660, of which €23,090 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 2,482 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 26-02-2018 Normal situation
Registered office
21 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Promotion and organisation of arts and performing arts events NACE 90391and 3 others
Establishment unit
2.273.656.046 2000 Antwerpen, since 26-02-2018
Financial year end
31 December
Peppol
Reachable since 28-07-2024

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€21,177
Turnover
≈ €120,000
estimated
Profit
€41,660
Equity
-€293,723
▲ 12.4%
Total assets
€198,742
▲ 119%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 55 days after the deadline
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€293,723Last filed accounts filed 55 days late; 2 of the last 3 accounts latelowers riskSector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 46% of micro companies in creative and performing arts (NACE 90)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 0=
equity -147.8% of total assets
Liquidity 50=
short-term debt 247.3% · cash 69.7%
Profitability 95+95
return on assets 21.0%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,430 companies, NACE 90, micro)
Last 24 months 12-2024: 0.9%lowest value 01-2025: 2.2%▲ +1.3 percentage points vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 1.9%▼ -0.2 percentage points vs 04-2025 06-2025: 1.8%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.5 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 3.5%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 2.2%▼ -1.3 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.1%▼ -0.1 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 1.9%▼ -0.2 percentage points vs 02-2026 04-2026: 2.1%▲ +0.2 percentage points vs 03-2026 05-2026: 1.9%▼ -0.2 percentage points vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026 09-2026: 2.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▼ -1.5 percentage points vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.39 (0.19 in 2024), below 1. Short-term debt is 247.3% and cash 69.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 6% of them on solvency, 36% on liquidity, 79% on profitability and 63% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€293,723
NBB · annual accounts
raises risk · Last filed accounts filed 55 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 2482 sector peers (2025).
NBB · sector comparison
Position among 2482 sector peers
Solvency
better than 7%
← weakest strongest →
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
55 days late
2024
91 days late
2023
1 day late
2022
92 days late
2021
117 days late
2019
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€293,723 View
  • Caution: Less equity than 95% of companies in creative and performing artssector median €42,332 · 2,484 companies -€293,723 View
  • Positive: Back in profit in 2025after a loss of €179,812 in 2024 €41,660 View

Recent changes

  1. · Gazette deed Registered office moved to AntwerpNew seat: Lange Koepoortstraat 24 bus 1 te 2000 Antwerpen · Resignation: Ugur Akkus (director) · Appointment: Sam Deliaert (director)
  2. · Gazette deed Appointments: AKKUS Ugur (director) and LENS Amélie (director)Registered office clause: Braziliëstraat 26, 2000 Antwerpen
  3. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as EXHALE: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €121,000 and €261,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
EXHALE Antwerpen€198,742€21,177
PROJEQT Gent€176,518€24,490
Deep Bridge International Antwerpen€261,246€16,064
Next In Line Aartselaar€166,240€17,760
Baugi Antwerpen€186,300€31,096
DBV Kapellen€120,672€13,634
AAssist Knokke-Heist€169,775€34,877
Full comparison

Key facts about EXHALE

What is the company number of EXHALE?
The company number of EXHALE is 0690.933.176. The VAT number is the same number with BE in front: BE 0690.933.176.
Where is EXHALE based?
The registered office is at Lange Koepoortstraat 24, 2000 Antwerpen.Company details
What does EXHALE do?
According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
What is the legal form of EXHALE?
The legal form of EXHALE is Private limited company (BV).
When was EXHALE founded?
EXHALE was founded on 26-02-2018.
Is EXHALE still active?
Yes, EXHALE is an active enterprise in the KBO register.
What is the turnover of EXHALE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €21,177 and 32 comparable companies (NACE 90391). It probably lies between €58,000 and €250,000. It is a rough estimate.Financials
Is EXHALE profitable?
In financial year 2025, EXHALE made a profit of €41,660.
Where can I find the annual accounts of EXHALE?
EXHALE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXHALE due?
EXHALE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.