EXSPECTO
ActiveSummary
The computed 12-month bankruptcy probability of EXSPECTO is 2.3% (moderate). The 2024 annual accounts show equity of €3k and a net result of €1k. Equity is growing by ~80% per year across the filed fiscal years. Its solvency ranks better than 15% of 8966 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-1
Solvency31▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
5.7%
Return on assets
2.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 8966 sector peers (2024).
NBB · sector comparisonPosition among 8966 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
68 d early
2022
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€3k▲ 67.5%
2023 · €2k
2022: €138
2023: €2k
2022 → 2024
Total assets
€55k▲ 17.5%
2023 · €46k
2022: €35k
2023: €46k
2022 → 2024
Net result
€1k▼ 27.0%
2023 · €2k
2022: €-3k
2023: €2k
2022 → 2024
Working capital
€7k
2023 · €-29k
2022: €-28k
2023: €-29k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€138-€2k▲ 1,238%€3k▲ 67.5%
Operating result€-3k-€2k€1k▼ 17.8%
Net result€-3k-€2k€1k▼ 27.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€32k ▼ 1.6%
Current assets
€23k ▲ 62.3%
Equity and liabilities €55k
Equity
€3k ▲ 67.5%
Debt
€51k ▲ 15.4%
Debt's share of the balance-sheet total falls from 96.0% to 94.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2023 · €5k
Cash flow
€6k▲
2023 · €5k
Current ratio
1.47▲
2023 · 0.32
Debt to equity
16.67▼
2023 · 24.20
ROE
40.3%▼
2023 · 92.5%
ROA
2.3%▼
2023 · 3.7%
Interest coverage
132.51▲
2023 · 73.78
Debt ≤ 1 year
€15k▼
2023 · €43k
Debt > 1 year
€30k
Income taxes
€154
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€46k€55k▲
Fixed assets21/28€33k€32k▼
Tangible fixed assets22/27€33k€32k▼
Land and buildings22€18k€16k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€9k€10k▲
Current assets29/58€14k€23k▲
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€4k€12k▲
Trade receivables40€90€9k▲
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€6k€6k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€46k€55k▲
Equity10/15€2k€3k▲
Contributions10/11€3k€3k=
Reserves13-€88
Distributable reserves133-€88
Profit (loss) carried forward14€-1k-
Amounts payable17/49€45k€51k▲
Amounts payable after more than one year17-€30k
Other amounts payable178/9-€30k
Amounts payable within one year42/48€43k€15k▼
Trade debts44€1k€13k▲
Suppliers440/4€1k€13k▲
Taxes, remuneration and social security45-€154
Taxes450/3-€154
Other amounts payable47/48€42k€2k▼
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€395€387▼
Gross operating margin9900€6k€6k▲
Operating profit (loss)9901€2k€1k▼
Financial income75/76B€22€0▼
Recurring financial income75€22€0▼
Financial charges65/66B€71€44▼
Recurring financial charges65€71€44▼
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77-€154
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€88▲
Profit (loss) brought forward from the previous period14P€-3k€-1k▲
Transfer to equity691/2-€88
To other reserves6921-€88
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 1.47
Current ratio from 0.32 to 1.47; short-term debt falls from €43k to €15k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tielt-Winge · 2 establishment units 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.
Glabbeeksesteenweg 573390 Tielt-WingeGround area
1,386 m²
Building footprint
388 m²
Volume, LiDAR
2,604 m³
2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
EXSPECTO
since 20222.331.598.995
EXSPECTO
since 20232.351.451.432
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101C0223/00L000 | Flanders | 1,134 m² | 1 · 205 m² | 11.2 m · 2 fl. |
| 24433E0079/00N002 | Flanders | 251 m² | 1 · 183 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 574 EUR awarded · 358 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 216 EUR | 0 EUR |
| 2023 | 1 | 358 EUR | 358 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 1,132 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
01210Crop and animal production, hunting and related service activities
55100Hotels and similar accommodation
55204Guest rooms (bed and breakfast)
64210Activities of holding companies
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475345148