EXPOSE IT

Dissolved and wound up on 16-06-2023 KBO/BCE: BE 0899.453.779

EXPOSE IT

Follow Report

Overview

Lifetime

14 annual accounts with figures on one time axis

Gross marginpeak €199,330 (2022)

€12,494▼ 93.7%

Resultlowest -€9,144 (2010)

-€8,603▼ €211,222

Equitypeak €2.3m (2022)

€6,200▼ 99.7%

Debts

€1.8m▲ 72×

Staffpeak 2.8 FTE (2010)

-not published

Board2 names since 2008

Documentsfilings and deeds

22-08-2023147 days before the deadline

2023micro format

Gross margin from €199,330 to €12,494Loss of €8,603Dissolution with immediate closure of the liquidation 25-08Dividend €2.2mEquity from €2.3m to €6,200Debts from €24,491 to €1.8m

Key points

from the 2023 annual accounts, the last ones filed

Equity

€6,200 from €2.3m in 2022

Equity fell by 100% in 1 year.

Debts

€1.8m 100% of the balance sheet

Liquidity

1.00 was 75.43 in 2022

Short-term debts rose from €24,491 to €1.8m.

No score

Board and ownership

last known board

OORTWIJK Arnoud

Director, until 2023

VANDERSMISSEN Gert

Director, until 2023

Board & ownership

Recent changes

25-08-2023

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 16-06-2023 · Books and records kept by VANDERSMISSEN Gert in Antwerpen-Berchem (5 years) · Resignations: OORTWIJK Arnoud (director) and VANDERSMISSEN Gert (director) · General meeting of 16-06-2023 · Gazette deed

04-08-2008

Incorporation 4 publications in the Belgian Official Gazette, the last on 25-08-2023 · Gazette deed

All 23 events

Official details

Source: KBO

Status: Dissolved and wound up on 16-06-2023deed of 25-08-2023
Activity: No activity registered in the KBO
Financial year end: 16 June
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 16-06-2023

Gross margin: €12,494▼ 93.7%
Turnover: ≈ €95,000estimated
Loss: €8,603
Equity: €6,200▼ 99.7%
Total assets: €1.8m▼ 22.5%
Filing: Filed on 22-08-2023

Financials

Insights on EXPOSE IT

Inactive. The last annual accounts are for financial year 2023. The company was dissolved and wound up in a single deed on 16-06-2023. The books and records are kept for 5 years by VANDERSMISSEN Gert in Antwerpen-Berchem.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 22-08-2023, 147 days before the deadline

Gross margin

€12,494

▼ 93.7%

Operating result

€872

▼ 99.6%

Loss

-€8,603

▼ €211,222

Working capital

€6,200

▼ 99.7%

Solvency

0.4%

▼ 98.6 percentage points

Current ratio

1.00

▼ 74.42

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €95,000. Estimated: probably between €44,000 and €230,000.

Balance sheet

balance sheet total €1.8m on 16-06-2023

What the company ownsHow it is paid for

Change in equityin €m

Change in cashin €m

Staff

Staff cost per FTE

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
Total assets`20/58`	1.8m	2.3m	2.4m	932,156	924,445	569,547	194,133	140,431	147,386	111,164	159,293	148,266	57,350	38,959
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	180	360	540
Fixed assets`21/28`	-	428,775	421,957	804,088	804,219	385,014	3,145	3,526	5,642	8,202	6,357	7,256	976	1,168
Tangible fixed assets`22/27`	-	428,775	421,957	422,088	422,219	3,014	3,145	3,526	5,642	8,202	6,357	7,036	616	628
Land and buildings`22`	-	419,336	419,336	419,336	419,336	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	250	499	749	999	-	-	-
Furniture and vehicles`24`	-	6,949	-	-	-	-	-	-	1,736	3,915	1,690	3,236	616	628
Other tangible fixed assets`26`	-	2,490	2,621	2,752	2,883	3,014	3,145	3,276	3,407	3,538	3,669	3,800	-	-
Financial fixed assets`28`	-	-	-	382,000	382,000	382,000	-	-	-	-	-	40	-	-
Current assets`29/58`	1.8m	1.8m	2.0m	128,068	120,226	184,533	190,988	136,905	141,744	102,962	152,935	141,010	56,374	37,791
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	7,438	-
Contracts in progress`37`	-	-	-	-	-	-	-	-	-	-	-	-	7,438	-
Amounts receivable within one year`40/41`	2,882	424	66,875	23,791	23,353	25,735	54,901	37,578	37,550	14,392	54,954	99,688	46,639	34,731
Trade receivables`40`	-	-	39,930	23,353	23,353	25,168	54,901	37,578	37,550	14,157	54,625	99,688	45,451	34,695
Other amounts receivable`41`	2,882	424	26,945	438	-	567	-	-	-	235	329	-	1,189	36
Cash at bank and in hand`54/58`	1.8m	1.8m	1.9m	103,378	95,973	158,798	136,087	99,328	104,194	88,569	97,982	41,322	2,296	3,060
Deferred charges and accrued income`490/1`	-	1,771	900	900	900	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.8m	2.3m	2.4m	932,156	924,445	569,547	194,133	140,431	147,386	111,164	159,293	148,266	57,350	38,959
Equity`10/15`	6,200	2.3m	2.0m	422,602	342,976	266,036	149,498	105,725	118,309	82,458	74,048	59,342	14,215	-2,944
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	-	2.2m	2.0m	416,402	336,776	259,836	143,298	39,631	22,224	2,110	2,016	1,957	1,860	-
Non-distributable reserves`130/1`	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-
Reserves not available under the articles`1311`	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	479	479	479	479	479	479	421	364	250	156	97	-	-
Distributable reserves`133`	-	2.2m	2.0m	414,064	334,437	257,497	140,960	37,350	20,000	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	59,894	89,885	74,148	65,832	51,185	6,155	-9,144
Amounts payable`17/49`	1.8m	24,491	383,942	509,553	581,469	303,511	44,635	34,706	29,076	28,706	85,245	88,924	43,135	41,903
Amounts payable after more than one year`17`	-	-	197,421	396,382	478,232	224,600	-	-	-	-	-	-	-	-
Financial debts`170/4`	-	-	197,421	396,382	478,232	224,600	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	1.8m	24,491	186,520	112,130	101,417	78,911	44,635	34,706	29,076	28,706	85,245	88,924	43,135	41,903
Current portion of amounts payable after more than one year`42`	-	-	15,354	62,971	64,387	41,006	-	-	-	-	-	-	-	-
Trade debts`44`	-	2,023	1,338	100	1,145	10,726	9,357	16,752	1,188	715	9,792	20,510	6,679	12,974
Suppliers`440/4`	-	2,023	1,338	100	1,145	10,726	9,357	16,752	1,188	715	9,792	20,510	6,679	12,974
Advances received on contracts in progress`46`	-	-	-	-	-	-	146	323	-	-	42,797	42,797	29,000	26,300
Taxes, remuneration and social security`45`	-	21,576	169,828	28,890	35,818	27,033	34,826	17,536	27,812	17,991	19,004	18,549	7,187	2,227
Taxes`450/3`	-	21,576	169,828	28,890	35,818	27,033	34,826	17,536	27,812	17,991	19,004	18,549	7,187	2,227
Other amounts payable`47/48`	1.8m	892	-	20,169	67	146	305	96	77	10,000	13,653	7,069	270	402
Accrued charges and deferred income`492/3`	-	-	-	1,041	1,820	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	58,174	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	12,494	199,330	-48,251	112,588	102,990	88,237	69,961	33,749	57,954	25,766	37,654	86,164	68,655	184,290
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	289	17,736	44,207	190,386
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	1,498	131	131	131	131	381	2,116	2,560	3,361	2,114	2,083	1,116	1,617
Other operating charges`640/8`	11,623	3,881	4,004	975	1,923	2,296	878	1,395	1,060	1,095	1,820	564	602	748
Operating profit (loss)`9901`	872	193,951	-52,386	111,482	100,936	85,810	68,702	30,237	54,333	21,310	33,432	65,782	22,729	-8,461
Financial income`75/76B`	1,785	86,850	1.9m	40,021	25,069	71,835	236	458	683	1,374	337	11	32	247
Recurring financial income`75`	1,785	86,850	1.9m	40,021	25,069	71,835	236	458	683	1,374	337	11	32	247
Financial charges`65/66B`	713	7,036	14,835	10,019	12,180	4,064	274	153	258	412	1,296	473	720	929
Recurring financial charges`65`	713	7,036	14,835	10,019	12,180	4,064	274	153	258	412	1,296	473	720	929
Profit (loss) for the period before taxes`9903`	1,944	273,765	1.8m	141,484	113,825	153,581	68,663	30,542	54,758	22,273	32,473	65,320	22,041	-9,144
Income taxes`67/77`	10,546	71,146	187,373	41,858	36,884	37,043	24,890	13,126	18,907	3,863	7,767	20,193	4,883	-
Profit (loss) for the period`9904`	-8,603	202,619	1.6m	99,626	76,940	116,538	43,773	17,415	35,851	18,410	24,706	45,127	17,159	-9,144
Transfer from tax-exempt reserves`789`	479	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	58	57	114	94	59	97	-	-
Profit (loss) for the period to be appropriated`9905`	-8,124	202,619	1.6m	99,626	76,940	116,538	43,716	17,358	35,737	18,317	24,647	45,031	17,159	-9,144
Appropriation of the result
Profit (loss) to be appropriated`9906`	-8,124	202,619	1.6m	99,626	76,940	116,538	103,610	107,244	109,885	84,148	75,832	51,185	8,015	-9,144
Transfer from equity`791/2`	2.2m	-	-	20,000	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	202,619	1.6m	99,626	76,940	116,538	103,610	17,350	20,000	-	-	-	1,860	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	1,860	-
To other reserves`6921`	-	202,619	1.6m	99,626	76,940	116,538	103,610	17,350	20,000	-	-	-	-	-
Profit to be distributed`694/7`	2.2m	-	-	20,000	-	-	-	30,000	-	10,000	10,000	-	-	-
Return on contributions (dividend)`694`	2.2m	-	-	20,000	-	-	-	30,000	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	10,000	10,000	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	-	0.3	1	2.8
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	357	1,724	8,675
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 22-08-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
16-06-2023	micro format	22-08-2023	2023-00340076	PDF
30-06-2022	micro format	19-12-2022	2022-20539345	PDF
30-06-2021	micro format	21-12-2021	2021-81000130	PDF
30-06-2020	micro format	21-12-2020	2020-76300563	PDF
30-06-2019	micro format	26-12-2019	2019-77600035	PDF
30-06-2018	micro format	21-12-2018	2018-75300285	PDF
30-06-2017	micro format	15-12-2017	2017-72000575	PDF
30-06-2016	abbreviated format	21-12-2016	2016-71000062	PDF
30-06-2015	abbreviated format	23-12-2015	2015-70300040	PDF
30-06-2014	abbreviated format	19-12-2014	2014-70100317	PDF
30-06-2013	abbreviated format	24-12-2013	2013-69800577	PDF
30-06-2012	abbreviated format	21-12-2012	2012-67100179	PDF
30-06-2011	abbreviated format	20-12-2011	2011-64300146	PDF
30-06-2010	abbreviated format	20-12-2010	2010-63300400	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
EBITDA	-	195,449	-52,255	111,613	101,067	85,941	69,083	32,353	56,893	24,671	35,545	67,864	23,845	-6,845
Cash flow	-	204,118	1.6m	99,757	77,071	116,669	44,154	19,532	38,412	21,771	26,820	47,210	18,275	-7,527
Investment in fixed assets (approximation)	-	8,316	-382,000	0	419,336	382,000	5,835	0	0	5,206	2,582	8,363	924	1,885
Change in cash	-85,007	-98,069	1.8m	7,404	-62,825	22,711	36,760	-4,866	15,625	-9,412	56,659	39,026	-763	-
Working capital	6,200	1.8m	1.8m	15,938	18,810	105,622	146,353	102,199	112,668	74,256	67,691	52,086	13,239	-4,112
Solvency	0.4%	98.9%	84.2%	45.3%	37.1%	46.7%	77.0%	75.3%	80.3%	74.2%	46.5%	40.0%	24.8%	-7.6%
Current ratio	1.00	75.43	10.78	1.14	1.19	2.34	4.28	3.94	4.87	3.59	1.79	1.59	1.31	0.90
Quick ratio	1.00	75.43	10.78	1.14	1.19	2.34	4.28	3.94	4.87	3.59	1.79	1.59	1.13	0.90
Debt to equity	-	0.01	0.19	1.21	1.70	1.14	0.30	0.33	0.25	0.35	1.15	1.50	3.03	-
ROE	-138.8%	9.0%	79.4%	23.6%	22.4%	43.8%	29.3%	16.5%	30.3%	22.3%	33.4%	76.0%	120.7%	-
ROA	-0.5%	8.9%	66.8%	10.7%	8.3%	20.5%	22.5%	12.4%	24.3%	16.6%	15.5%	30.4%	29.9%	-23.5%
Interest coverage	-	27.78	-	-	-	-	-	-	-	-	-	-	-	-

A ratio outside any meaningful range has been withheld (balance sheet total €1.8m, equity €6,200).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	16-06-2023	30-06-2022
Tangible fixed assets	-	€8,316
Depreciation and write-downs of the year	-	€1,498

Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)

Insights on EXPOSE IT

The operating result for 2023 is 100% lower than in 2022.

Debt's share of the balance-sheet total rises from 1.1% to 99.6%. Equity is lower and debt is higher.

Board & ownership

Mandates through the years

2 names, the dashed line is today

OORTWIJK Arnoud
Director

VANDERSMISSEN Gert
Director

Earlier

Mandates as a list

OORTWIJK Arnoud
- Director, from 13-12-2010 to 25-08-2023
VANDERSMISSEN Gert
- Director, from 23-07-2008 to 25-08-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €6,200
Source: 2023 annual accounts

Office holders in the KBO →

Network & group

Holdings

own accounts to 30-06-2020, the bar shows equity in euros

This companyEXPOSE IT2 holdings, 1 country accounts to 30-06-2020

Belgium 2 Year Equity Result

BE Gloriant Belgium bvba 2024€428,110 result -€177,961 (2024)
BE fleetpower 2025-€200,498 result -€55,117 (2025)

Source: list of holdings in its own 30-06-2020 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2018 to 2020

Holdings through the years
Name	2018	2019	2020
MOBILITYPOWER 2018 to 2020: 100%	100%
Muto Belgium 2018 to 2020: 100%	100%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

23 events since 2008

Board

Filings

Financial

End

2008201020122014201620182020202220242026

2023

25-08-2023

Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 16-06-2023 · Books and records kept by VANDERSMISSEN Gert in Antwerpen-Berchem (5 years) · Resignations: OORTWIJK Arnoud (director) and VANDERSMISSEN Gert (director) · General meeting of 16-06-20237 points ▸

General meeting, 16-06-2023
Director resignation, OORTWIJK Arnoud
Director resignation, VANDERSMISSEN Gert
Director discharge, OORTWIJK Arnoud
Director discharge, VANDERSMISSEN Gert
Power of attorney, OORTWIJK Arnoud (handelend ut singuli en dus niet als lid van algemene vergadering)
Power of attorney, VANDERSMISSEN Gert (handelend ut singuli en dus niet als lid van algemene vergadering)
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

22-08-2023

Annual accounts 2023 filed PDFmicro format · 147 days before the deadline

2022

19-12-2022

Annual accounts 2022 filed PDFmicro format · 43 days before the deadline

30-06-2022

Liquidity more than 6 times current ratio 75.43 The current ratio rises from 10.78 to 75.43. Short-term debt falls from €186,520 to €24,491.

2021

21-12-2021

Annual accounts 2021 filed PDFmicro format · 41 days before the deadline

30-06-2021

Highest result from 2010 to 2023 net €1.6m ▲1,532% The net result of €1.6m is the highest of those years.

30-06-2021

Liquidity more than 9 times current ratio 10.78 The current ratio rises from 1.14 to 10.78.

30-06-2021

Equity above €2m equity €2.0m ▲385% After 11 profitable years in a row, equity reaches €2.0m.

2020

21-12-2020

Annual accounts 2020 filed PDFmicro format · 41 days before the deadline

2019

26-12-2019

Annual accounts 2019 filed PDFmicro format · 36 days before the deadline

2018

21-12-2018

Annual accounts 2018 filed PDFmicro format · 41 days before the deadline

30-06-2018

Equity above €200,000 equity €266,036 ▲78% After 8 profitable years in a row, equity reaches €266,036.

2017

15-12-2017

Annual accounts 2017 filed PDFmicro format · 47 days before the deadline

2016

21-12-2016

Annual accounts 2016 filed PDFabbreviated format · 41 days before the deadline

2015

23-12-2015

Annual accounts 2015 filed PDFabbreviated format · 39 days before the deadline

30-06-2015

Equity above €100,000 equity €118,309 ▲43.5% After 5 profitable years in a row, equity reaches €118,309.

2014

19-12-2014

Annual accounts 2014 filed PDFabbreviated format · 43 days before the deadline

2013

24-12-2013

Annual accounts 2013 filed PDFabbreviated format · 38 days before the deadline

2012

21-12-2012

Annual accounts 2012 filed PDFabbreviated format · 41 days before the deadline

2011

20-12-2011

Annual accounts 2011 filed PDFabbreviated format · 42 days before the deadline

30-06-2011

Back to profit net €17,159 The net result is €17,159, after one loss-making year.

2010

20-12-2010

Annual accounts 2010 filed PDFabbreviated format · 42 days before the deadline

2008

04-08-2008

Incorporation PDF4 publications in the Belgian Official Gazette, the last on 25-08-2023

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

Total assets rose from €924,445 in 2019 to €1.8m in 2023.¹ In 2023 EXPOSE IT was dissolved and its liquidation closed in a single deed.²

Company details

Inactive

Dissolved and wound up on 16 June 2023

EXPOSE IT is no longer in the KBO register.

Status: Inactive
Reason: Dissolved and wound up in a single deedBelgian Official Gazette, 25 August 2023 · deed
Last annual accounts: financial year to 16 June 2023
Last registered office: Minervastraat 30, 2600 Berchem (Antwerpen )as published on 25 August 2023
Legal form: Private limited company (pre-2019)
First annual accounts: financial year 2010

Official KBO record