EXICES
ActiveSummary
EXICES has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,538 and a net result of €14,269. Equity has been stable since 2018 (±0.5% per year). Its solvency ranks better than 50% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-11-1990 Normal situation
- Activity
- Wholesale of machine tools NACE 46620and 1 other
- Establishment unit
- 2.050.990.764 6760 Virton, since 10-01-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €15,303
- Turnover
- ≈ €180,000
- estimated
- Profit
- €14,269
- Equity
- €36,538
- ▲ 64.1%
- Total assets
- €81,475
- ▲ 29.8%
- 2025 accounts filed 10 days after the deadline
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 1.79, cash €54,227Founded in 1990Equity €36,538 (44.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 53% of them on solvency, 77% on liquidity, 74% on profitability and 90% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 10 days after the deadline Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390190.
Annual accounts 2025 filed on 10-08-2026 at the NBB all 22 filings
2021 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result for 2025 is a profit of €15,167, after a loss of €116 in 2024. It is the highest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as EXICES: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €49,700 and €131,000, founded between 1983 and 1992.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| EXICES Enghien | 1990 | €81,475 | €36,538 | €15,303 | - | €14,269 | 2025 |
| DC Consult Genk | 1989 | €84,868 | €57,702 | €18,739 | - | €14,420 | 2025 |
| K.L. and Co Wezembeek-Oppem | 1992 | €49,706 | -€21,945 | €17,933 | - | -€22,992 | 2025 |
| CALLEMEYN DEBROUX Pont-à-Celles | 1990 | €131,158 | €101,683 | €30,793 | - | €11,460 | 2025 |
| ELIAS TECHNIC & SERVICES Rixensart | 1991 | €87,707 | -€19,903 | €8,278 | €16,715 | -€1,081 | 2025 |
| ERLINVEST Asse | 1987 | €122,810 | -€266,619 | €22,010 | - | -€12,806 | 2025 |
| Multisys Brugge | 1983 | €69,540 | €29,343 | €8,762 | - | €658 | 2025 |
They were chosen from the 645 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as EXICES has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EXICES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for EXICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,468 | €3,468 | €369 | €369 | - | - | - | - |
| Other operating charges640/8 | - | - | €649 | €641 | - | - | €136 | - |
| Gross operating margin9900 | €33,748 | €33,883 | -€6,161 | -€1,620 | €5,341 | -€116 | €15,303 | - |
| Operating profit (loss)9901 | €8,035 | €7,480 | -€7,179 | -€2,630 | €5,341 | -€116 | €15,167 | - |
| Recurring financial income75 | €293 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | €431 | €378 | €316 | €339 | €898 | ▲ 165% |
| Recurring financial charges65 | €1,681 | €4,534 | €431 | €378 | €316 | €339 | €898 | ▲ 165% |
| Profit (loss) for the period before taxes9903 | €6,647 | €2,946 | -€7,610 | -€3,008 | €5,025 | -€455 | €14,269 | - |
| Income taxes67/77 | €335 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €6,312 | €2,946 | -€7,610 | -€3,008 | €5,025 | -€455 | €14,269 | - |
| Profit (loss) for the period to be appropriated9905 | €6,312 | €2,946 | -€7,610 | -€3,008 | €5,025 | -€455 | €14,269 | - |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €83,127 | €56,121 | €58,988 | €46,013 | €49,720 | €62,762 | €81,475 | ▲ 29.8% |
| Fixed assets21/28 | €8,576 | €5,107 | €1,269 | €900 | €900 | €900 | €900 | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €7,676 | €4,207 | €369 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €369 | - | - | - | - | - |
| Financial fixed assets28 | €900 | €900 | €900 | €900 | €900 | €900 | €900 | = |
| Current assets29/58 | €74,551 | €51,014 | €57,719 | €45,113 | €48,820 | €61,862 | €80,575 | ▲ 30.2% |
| Amounts receivable after more than one year29 | - | - | €18,533 | - | - | €39,503 | €26,348 | ▼ 33.3% |
| Trade receivables290 | - | - | €18,533 | - | - | €30,181 | €19,003 | ▼ 37.0% |
| Other amounts receivable291 | - | - | - | - | - | €9,322 | €7,345 | ▼ 21.2% |
| Stocks and contracts in progress3 | - | - | €2,750 | - | - | - | - | - |
| Contracts in progress37 | - | - | €2,750 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €41,928 | €31,500 | €8,707 | €33,434 | €31,142 | - | - | - |
| Trade receivables40 | - | - | - | €25,261 | €23,550 | - | - | - |
| Other amounts receivable41 | - | - | €8,707 | €8,173 | €7,592 | - | - | - |
| Cash at bank and in hand54/58 | €32,623 | €19,514 | €27,729 | €11,679 | €17,678 | €22,359 | €54,227 | ▲ 143% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €83,127 | €56,121 | €58,988 | €46,013 | €49,720 | €62,762 | €81,475 | ▲ 29.8% |
| Equity10/15 | €34,788 | €37,734 | €20,710 | €17,700 | €22,725 | €22,269 | €36,538 | ▲ 64.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €14,337 | €17,283 | €259 | -€2,751 | €2,274 | €1,818 | €16,087 | ▲ 785% |
| Amounts payable17/49 | €48,339 | €18,387 | €38,278 | €28,313 | €26,995 | €40,493 | €44,937 | ▲ 11.0% |
| Amounts payable after more than one year17 | €1,882 | - | €14,800 | - | - | - | - | - |
| Other amounts payable178/9 | - | - | €14,800 | - | - | - | - | - |
| Amounts payable within one year42/48 | €46,457 | €18,387 | €23,478 | €28,313 | €26,995 | €40,493 | €44,937 | ▲ 11.0% |
| Trade debts44 | €46,457 | €2,548 | €23,478 | €9,226 | €7,908 | €19,644 | €2,004 | ▼ 89.8% |
| Suppliers440/4 | - | - | €23,478 | €9,226 | €7,908 | €19,644 | €2,004 | ▼ 89.8% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €20,942 | - |
| Other amounts payable47/48 | - | - | - | €19,087 | €19,087 | €20,849 | €21,991 | ▲ 5.5% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,312 | €2,946 | -€7,610 | -€3,008 | €5,025 | -€455 | €14,269 | - |
| + Depreciation and write-downs630 | €8,468 | €3,468 | €369 | €369 | - | - | - | - |
| Operating cash flow (approximation) | €14,781 | €6,414 | -€7,241 | -€2,639 | €5,025 | -€455 | €14,269 | - |
| Investment in fixed assets (approximation) | - | €1 | - | -€0 | €0 | €0 | €0 | - |
| Change in cash | - | -€13,109 | - | -€16,050 | €5,999 | €4,681 | €31,868 | ▲ 581% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 10-08-2026 | 2026-00390190 | NBB |
| 31-12-2024 | full format | 21-07-2025 | 2025-00290906 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00320976 | |
| 31-12-2022 | full format | 24-07-2023 | 2023-00262479 | |
| 31-12-2021 | full format | 30-07-2022 | 2022-20259282 | |
| 31-12-2019 | full format | 25-07-2020 | 2020-34800324 | |
| 31-12-2018 | full format | 01-09-2019 | 2019-62500563 | |
| 31-12-2017 | full format | 01-09-2019 | 2019-62500562 | |
| 31-12-2016 | full format | 25-12-2017 | 2017-73600327 | |
| 31-12-2015 | full format | 12-10-2016 | 2016-65700580 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55033D0006/00M008 | Wallonia | 251 m² | 1 · 114 m² | 11.3 m · 3 |
| 85045B1213/00B004 | Wallonia | 230 m² | 1 · 144 m² | 9.2 m · 2 |