EXQUISETH
ActiveEXQUISETH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency31▼-53
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.2%
Return on assets
93.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17022 sector peers (2025).
NBB · sector comparisonPosition among 17022 sector peers
Solvency
better than 12%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
17 d early
2024
50 d early
2023
12 d early
2022
8 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 97.1%
2024 · €158k
2022: €43k
2023: €101k
2024: €158k
2022 → 2025
Total assets
€75k▼ 71.9%
2024 · €268k
2022: €164k
2023: €228k
2024: €268k
2022 → 2025
Net result
€70k▲ 22.9%
2024 · €57k
2022: €40k
2023: €59k
2024: €57k
2022 → 2025
Working capital
€-26k
2024 · €115k
2022: €-14k
2023: €53k
2024: €115k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€43k-€101k▲ 138%€158k▲ 56.3%€5k▼ 97.1%
Operating result€50k-€77k▲ 54.7%€72k▼ 7.0%€89k▲ 23.9%
Net result€40k-€59k▲ 48.2%€57k▼ 2.8%€70k▲ 22.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€31k▼ 43.8%
Current assets
€44k▼ 79.1%
Equity and liabilities €75k
Equity
€5k▼ 97.1%
Debt
€70k▼ 35.5%
The debt ratio rises from 40.8% to 93.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€113k▲
2024 · €95k
Cash flow
€94k▲
2024 · €81k
Solvency
6.2%▼
2024 · 59.2%
Current ratio
0.63▼
2024 · 2.18
Quick ratio
0.63▼
2024 · 2.18
Debt / equity
15.08▲
2024 · 0.69
ROA
93.4%▲
2024 · 21.3%
Interest coverage
38.77▲
2024 · 24.67
Debt
€70k▼
2024 · €109k
Debt ≤ 1 year
€70k▼
2024 · €98k
Income taxes
€18k▲
2024 · €15k
A ratio outside any meaningful range has been withheld (balance sheet total €75k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€268k€75k▼
Fixed assets21/28€55k€31k▼
Tangible fixed assets22/27€55k€31k▼
Land and buildings22€35k€30k▼
Plant, machinery and equipment23€2k€922▼
Furniture and vehicles24€18k€207▼
Current assets29/58€213k€44k▼
Amounts receivable within one year40/41€14k€17k▲
Trade receivables40€14k€16k▲
Other amounts receivable41-€761
Current investments50/53€150k-
Cash at bank and in hand54/58€48k€26k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€268k€75k▼
Equity10/15€158k€5k▼
Contributions10/11€3k€3k=
Reserves13€155k€2k▼
Distributable reserves133€155k€2k▼
Profit (loss) carried forward14€466-
Amounts payable17/49€109k€70k▼
Amounts payable after more than one year17€11k-
Financial debts170/4€11k-
Amounts payable within one year42/48€98k€70k▼
Current portion of amounts payable after more than one year42€18k€13k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€38k€23k▼
Taxes450/3€38k€23k▼
Other amounts payable47/48€41k€32k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▲
Other operating charges640/8€996€1k▲
Gross operating margin9900€96k€114k▲
Operating profit (loss)9901€72k€89k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€72k€88k▲
Income taxes67/77€15k€18k▲
Profit (loss) for the period9904€57k€70k▲
Profit (loss) for the period to be appropriated9905€57k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€71k▲
Profit (loss) brought forward from the previous period14P€380€466▲
Transfer from equity791/2-€224k
Transfer to equity691/2€57k€71k▲
To other reserves6921€57k€71k▲
Profit to be distributed694/7-€224k
Return on contributions (dividend)694-€224k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €70k ▲22.9%
Operating result €89k, net result €70k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €158k ▲56.3%
3 profitable years in a row build equity to €158k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲138%
2 profitable years in a row build equity to €101k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hasseltsesteenweg 5713700 Tongeren-BorgloonGround area
817 m²
Building footprint
149 m²
Volume, LiDAR
992 m³
Parcel 73062A0206/00P000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hasseltsesteenweg 571, 3700 Tongeren-Borgloon
since 20222.328.852.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73062A0206/00P000 | Flanders | 817 m² | 1 · 149 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
JOY ON THE FIELD
BE 0780.576.717
Sint-Pieters-Woluwe · Eq €5k
EARCHITECTURA
BE 0772.982.607
Jette · Eq €5k
Atlas ICT
BE 0836.836.321
Aalter · Eq €5k
Amaro Consulting
BE 1009.641.821
Elsene · Eq €5k
Kussé
BE 0668.904.179
Wijnegem · Eq €5k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 5,837 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.