Equity
EXILO paid out €273,693 in dividends. That is 123% of the 2025 profit.
EXILO paid out €273,693 in dividends. That is 123% of the 2025 profit.
The result rose in 2025: mostly from a one-off income of €115,067.
The micro format states no turnover.
Short-term debts rose from €260,942 to €569,553.
Three of the last ten came late. The 2021 accounts came latest: 54 days after the end of the period.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, small). It does better than 36% of them on solvency, 79% on liquidity, 76% on profitability and 20% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 17,811 companies had the same profile as EXILO has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of EXILO itself: 0.1% within 12 months.
The method was tested on the 497,447 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 17,811 companies, not a prediction for EXILO. 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.
Liquidity is insufficient, with a current ratio of 0.69 (0.21 in 2024), below 1. Short-term debt is 20.6% and cash 12.1% of total assets. 63.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| EXILO Dentergem | €2.8m | €463,377 | 36.8% | - |
| PATRICK HELEU Kortrijk | €3.1m | €471,117 | 97.5% | - |
| Vileyn Consult Bruges | €3.1m | €455,710 | 64.9% | 1.6 |
| Wasi De Haan | €2.4m | €429,245 | 39.6% | - |
| CAPSA Oostrozebeke | €2.4m | €507,251 | 63.2% | 1 |
| SANTOS INVEST Nieuwpoort | €2.3m | €430,796 | 17.1% | - |
| DELVAR Menen | €2.4m | €489,773 | 92.2% | - |
These companies have the same main activity as EXILO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.3m and €3.1m, founded between 2005 and 2009.
EXILO files the micro format. That format states no turnover. The gross margin rose from €43,598 in 2008 to €463,377 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Salu holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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