EXODUS
ActiveSummary
EXODUS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€14,565) and a net result of -€1,160. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 9% of 1535 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-30
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.52 in 2024; short-term debt: 206.5% and cash: 35.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-106.9%
Return on assets
-8.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€14,565
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-08-2026, 1 day 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
1 d late
2024
28 d late
2023
8 d early
2022
44 d late
2021
28 d late
2020
29 d late
2019
94 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,160▼ 578%
2024 · -€171
Working capital
-€16,611▼ 6.3%
2024 · -€15,628
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,662-€767€2,642€1,284▼ 51.4%-€510
Net result€6,393within the sector's middle half-€5,611below the sector's middle half-€2,314within the sector's middle half▲ 58.8%-€171within the sector's middle half▲ 92.6%-€1,160within the sector's middle half▼ 578%
Equity-€5,309below the sector's middle half▲ 54.6%-€10,920below the sector's middle half▼ 106%-€13,234below the sector's middle half▼ 21.2%-€13,405below the sector's middle half▼ 1.3%-€14,565below the sector's middle half▼ 8.7%
Total assets€63,461below the sector's middle half▲ 336%€18,524below the sector's middle half▼ 70.8%€100,018within the sector's middle half▲ 440%€19,092below the sector's middle half▼ 80.9%€13,631below the sector's middle half▼ 28.6%
Debt€68,770▲ 162%€29,444▼ 57.2%€113,252▲ 285%€32,497▼ 71.3%€28,196▼ 13.2%
Working capital-€5,184within the sector's middle half▲ 55.2%-€10,775within the sector's middle half▼ 108%-€15,745within the sector's middle half▼ 46.1%-€15,628within the sector's middle half▲ 0.7%-€16,611within the sector's middle half▼ 6.3%
Solvency-8.4%below the sector's middle half▲ 72.0pp-59.0%below the sector's middle half▼ 50.6pp-13.2%below the sector's middle half▲ 45.7pp-70.2%below the sector's middle half▼ 57.0pp-106.9%below the sector's middle half▼ 36.6pp
Current ratio0.92within the sector's middle half▲ 0.370.63within the sector's middle half▼ 0.290.86within the sector's middle half▲ 0.230.52within the sector's middle half▼ 0.340.41below the sector's middle half▼ 0.11
Return on assets (ROA)10.1%within the sector's middle half▲ 35.8pp-30.3%below the sector's middle half▼ 40.4pp-2.3%within the sector's middle half▲ 28.0pp-0.9%within the sector's middle half▲ 1.4pp-8.5%below the sector's middle half▼ 7.6pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €510 after €1,284 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,631
Fixed assets
€2,091 ▼ 11.5%
Current assets
€11,540 ▼ 31.0%
Key figures and ratios
EBITDA
-€237▼
2024 · €1,557
Cash flow
-€887▼
2024 · €102
Debt to equity
-1.94▲
2024 · -2.42
Interest coverage
-0.85▼
2024 · 2.48
Debt ≤ 1 year
€28,151▼
2024 · €32,356
Income taxes
€370▼
2024 · €826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €91 | €273 | €273 | = |
| Gross operating margin9900 | €15,662 | -€767 | €2,733 | €1,557 | -€237 | ▼ 115% |
| Operating profit (loss)9901 | €15,662 | -€767 | €2,642 | €1,284 | -€510 | ▼ 140% |
| Financial charges65/66B | €2,784 | €1,005 | €685 | €629 | €280 | ▼ 55.5% |
| Recurring financial charges65 | €2,784 | €1,005 | €685 | €629 | €280 | ▼ 55.5% |
| Profit (loss) for the period before taxes9903 | €12,878 | -€1,772 | €1,957 | €655 | -€790 | ▼ 221% |
| Income taxes67/77 | €6,485 | €3,839 | €4,271 | €826 | €370 | ▼ 55.2% |
| Profit (loss) for the period9904 | €6,393 | -€5,611 | -€2,314 | -€171 | -€1,160 | ▼ 578% |
| Profit (loss) for the period to be appropriated9905 | €6,393 | -€5,611 | -€2,314 | -€171 | -€1,160 | ▼ 578% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,461 | €18,524 | €100,018 | €19,092 | €13,631 | ▼ 28.6% |
| Fixed assets21/28 | - | - | €2,636 | €2,364 | €2,091 | ▼ 11.5% |
| Tangible fixed assets22/27 | - | - | €2,636 | €2,364 | €2,091 | ▼ 11.5% |
| Furniture and vehicles24 | - | - | €2,636 | €2,364 | €2,091 | ▼ 11.5% |
| Current assets29/58 | €63,461 | €18,524 | €97,382 | €16,728 | €11,540 | ▼ 31.0% |
| Amounts receivable within one year40/41 | €63,190 | €18,313 | €97,302 | €10,171 | €6,705 | ▼ 34.1% |
| Trade receivables40 | €63,160 | €15,730 | €97,287 | €6,050 | €3,680 | ▼ 39.2% |
| Other amounts receivable41 | €30 | €2,583 | €15 | €4,121 | €3,025 | ▼ 26.6% |
| Cash at bank and in hand54/58 | €271 | €211 | €80 | €6,557 | €4,835 | ▼ 26.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,461 | €18,524 | €100,018 | €19,092 | €13,631 | ▼ 28.6% |
| Equity10/15 | -€5,309 | -€10,920 | -€13,234 | -€13,405 | -€14,565 | ▼ 8.7% |
| Profit (loss) carried forward14 | -€5,309 | -€10,920 | -€13,234 | -€13,405 | -€14,565 | ▼ 8.7% |
| Amounts payable17/49 | €68,770 | €29,444 | €113,252 | €32,497 | €28,196 | ▼ 13.2% |
| Amounts payable within one year42/48 | €68,645 | €29,299 | €113,127 | €32,356 | €28,151 | ▼ 13.0% |
| Financial debts43 | €2,222 | €2,089 | €2,415 | €1,103 | - | - |
| Credit institutions430/8 | €2,222 | €2,089 | €2,415 | €1,103 | - | - |
| Trade debts44 | €48,400 | €13,950 | €91,779 | €26,823 | €19,133 | ▼ 28.7% |
| Suppliers440/4 | €48,400 | €13,950 | €91,779 | €26,823 | €19,133 | ▼ 28.7% |
| Taxes, remuneration and social security45 | €14,148 | - | €4,069 | - | - | - |
| Taxes450/3 | €14,148 | - | €4,069 | - | - | - |
| Accrued charges and deferred income492/3 | €125 | €145 | €125 | €141 | €45 | ▼ 68.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,393 | -€5,611 | -€2,314 | -€171 | -€1,160 | ▼ 578% |
| + Depreciation and write-downs630 | - | - | €91 | €273 | €273 | = |
| Operating cash flow (approximation) | €6,393 | -€5,611 | -€2,223 | €102 | -€887 | ▼ 970% |
| Investment in fixed assets (approximation) | - | - | - | -€1 | €0 | ▲ 100% |
| Change in cash | - | -€60 | -€131 | €6,477 | -€1,722 | ▼ 127% |
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
Next filing, fiscal year 2026, expected by
2026
01-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial
Back to profitnet €6,393
Net result €6,393 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 94 days late
2019
31-12
Financial
Back to profitnet €19,744
Net result €19,744 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Héron
Ground area
1,629 m²
Building footprint
108 m²
Volume, LiDAR
682 m³
Parcel 61015C0056/00K000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61015C0056/00K000 | Wallonia | 1,629 m² | 1 · 108 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
AB LOC
BE 0802.833.564
Herstal
AB LOCATIONS
BE 0827.503.139
Seraing
ARS LINEANDI
BE 0443.581.790
Herstal
AUTOS LEASING LOCATION
BE 0876.658.284
Chaudfontaine
AVANTURES
BE 0793.147.422
Modave
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,446 companies in sector 77110 we hold annual accounts for 729. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded13-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
82990Other business support services
93129Activities of other sports clubs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860904593
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.