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EXPLOITS

Active Private limited companyfounded 2002active for 24 yearsChemin des Morlères 4, 6280 GerpinnesKBO/BCE: BE 0478.169.319 subsidiary of Altérius#2 company by equity in Gerpinnes, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €242,868 (2016)
€27,864▲ €236,360
lowest -€18,465 (2007)
€699,325▲ 59.8%
peak €2.7m (2025)
€2.7m▲ 28.6%
€609,096▼ 5.9%
peak 0 FTE (2022)
-not published
Board1 name since 2020
Owners
  
Documentsfilings and deeds
10-06-202651 days before the deadline
2025financial year
Gross margin from -€208,496 to €27,864Result from €437,762 to €699,325Dividend €106,665Equity from €2.1m to €2.7mCash from €673,133 to €87,694

Key points

from the 2025 annual accounts

Equity

€2.7m ▲ 28.6%

EXPLOITS has made a profit without a break since 2008.

Result

€699,325 ▲ 59.8%
€438,0002024€699,0002025

The result rose in 2025 from €437,762 to €699,325.

Turnover

≈ €72,000 estimated

The accounts state no turnover.

Liquidity

3.90 was 2.65 in 2024

Short-term debts rose from €388,893 to €407,382.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.

Position in the sector

€2.7m

More equity than 90% of companies in legal and accounting. Sector median €249,461 · 1,057 companies.

Checked score

95
Excellent
Financially stronger than 57% of small companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 81.4% of total assets
52-26short-term debt 12.4% · cash 2.7%
62+23return on assets 21.4%

Score breakdown

raises risk
Liquidity: current ratio 3.90, cash €87,694, halved
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €3.3m
Figures for financial year 2025 (filed on 10-06-2026)
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 69, small). It does better than 86% of them on solvency, 42% on liquidity, 19% on profitability and 81% 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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as EXPLOITS has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of EXPLOITS itself: < 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for EXPLOITS. 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.

Credit verdict

Credit of up to €250,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.9 (2.65 in 2024), above the usual 1.5. Short-term debt is 12.4% and cash 2.7% of total assets. 18.6% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Size: total assets €3.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 3.90, cash €87,694, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
29 days late
2023
29 days late
2022
17 days late
2021
17 days early
2020
18 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% 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 17 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

VD
Director, since 07-01-2020
  • Altérius consolidatesscore 97equity €11.5m (2025) · annual accounts 2020
  • Dominique Vausortannual accounts 2021

Shares in 2 companies, SOJUREC and ALTERIUS

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478169319
Capital decrease of €160,000 to €18,600 Capital from €178,600 to €18,600, 16,000 shares cancelled · Change of role: VAUSORT Dominique Marcelin Léon, from manager to director · Legal-form conversion: to private limited company · General meeting of 27-12-2019 · Gazette deed
Incorporation published on 27-08-2002 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
EXPLOITS Gerpinnes €3.3m €27,864 81.4% -
DFC IMMO Thuin €1.9m €37,783 46.5% -
AUBEL Kortrijk €1.7m €39,213 90.3% -
HUISSIER AVAUX Tubize €3.1m €13,474 86.5% -
GERECHTSDEURWAARDERSKANTOOR VERGAUWEN & AVONTROODT Ghent €1.8m €15,715 82.3% -
ERMAROCO Comblain-au-Pont €1.2m €22,630 94.3% -
HUISSIER DE JUSTICE MARTINE CUISENAIRE Nivelles €1.4m €54,240 99.1% -

These companies have the same main activity as EXPLOITS: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €1.2m and €3.1m, founded between 1998 and 2009.

Official details

Source: KBO
Status
Active since 13-08-2002Normal situation
Activity
Activities of bailiffsNACE 69103
Financial year end
31 December
Peppol
Reachable since 19-01-2026
Company details

Annual accounts 2025

€3.3m▲ 20.4%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on EXPLOITS

EXPLOITS has existed since 2002. In 2010 the gross margin rose from €60,330 to €227,834.

Solvency rose in 2025 from 76.2% to 81.4% because of the retained profit.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about EXPLOITS

What is the company number of EXPLOITS?
The company number of EXPLOITS is 0478.169.319. The VAT number is the same number with BE in front: BE 0478.169.319.
Where is EXPLOITS based?
The registered office is at Chemin des Morlères 4, 6280 Gerpinnes.Company details
What does EXPLOITS do?
According to the KBO register, the main activity is activities of bailiffs (NACE 69103).
What is the legal form of EXPLOITS?
EXPLOITS is a private limited company (BV).
When was EXPLOITS founded?
EXPLOITS was founded on 13-08-2002.
Is EXPLOITS still active?
Yes, EXPLOITS is an active enterprise in the KBO register.
What is the turnover of EXPLOITS?
The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €27,864 and 93 comparable companies (NACE 69). It probably lies between €50,000 and €96,000.Financials
Is EXPLOITS profitable?
In financial year 2025, EXPLOITS made a profit of €699,325.
Where can I find the annual accounts of EXPLOITS?
EXPLOITS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXPLOITS due?
EXPLOITS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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