FOREXPLOIT SPRL
ActiveFOREXPLOIT SPRL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €24k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 313 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78=
Solvency63▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.03 in 2024; short-term debt: 39.9% and cash: 35.3% of total assets), and 61.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 02
Relative position
BE, all sectors
reference
Sector 02
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 18-11-2025, 18 days 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
18 d late
2024
218 d late
2023
29 d late
2022
23 d late
2021
25 d late
2020
46 d late
2019
23 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▲ 3.2%
2024 · €23k
2019: €6k
2020: €2k
2021: €16k
2022: €10k
2023: €46k
2024: €23k
2019 → 2025
Working capital
€40k▲ 695%
2024 · €5k
2019: €-20k
2020: €-2k
2021: €-9k
2022: €-32k
2023: €2k
2024: €5k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€43k▲ 30.8%€76k▲ 76.4%€99k▲ 29.2%€122k▲ 24.2%
Operating result€20k-€18k▼ 10.3%€68k▲ 281%€56k▼ 17.6%€45k▼ 18.7%
Net result€16k-€10k▼ 37.0%€46k▲ 350%€23k▼ 49.7%€24k▲ 3.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €318k
Fixed assets
€151k▼ 0.6%
Current assets
€167k▲ 10.7%
Equity and liabilities €318k
Equity
€122k▲ 24.2%
Debt
€196k▼ 4.2%
The debt ratio falls from 67.5% to 61.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2024 · €105k
Cash flow
€89k▲
2024 · €73k
Solvency
38.4%▲
2024 · 32.5%
Current ratio
1.31▲
2024 · 1.03
Quick ratio
1.31▲
2024 · 1.03
Debt / equity
1.60▼
2024 · 2.08
ROE
19.5%▼
2024 · 23.4%
ROA
7.5%▼
2024 · 7.6%
Interest coverage
11.35▼
2024 · 17.69
Debt
€196k▼
2024 · €204k
Debt ≤ 1 year
€127k▼
2024 · €146k
Debt > 1 year
€63k▲
2024 · €54k
Income taxes
€12k▲
2024 · €12k
Staff costs
€34k▲
2024 · €31k
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€303k€318k▲
Fixed assets21/28€152k€151k▼
Tangible fixed assets22/27€152k€151k▼
Plant, machinery and equipment23€68k€38k▼
Furniture and vehicles24€77k€106k▲
Other tangible fixed assets26€8k€7k▼
Current assets29/58€151k€167k▲
Amounts receivable within one year40/41€42k€54k▲
Trade receivables40€36k€43k▲
Other amounts receivable41€6k€10k▲
Cash at bank and in hand54/58€108k€112k▲
Deferred charges and accrued income490/1€942€676▼
Equity and liabilities
Total equity and liabilities10/49€303k€318k▲
Equity10/15€99k€122k▲
Contributions10/11€10k€10k=
Reserves13€68k€90k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€65k€87k▲
Profit (loss) carried forward14€20k€22k▲
Amounts payable17/49€204k€196k▼
Amounts payable after more than one year17€54k€63k▲
Financial debts170/4€54k€63k▲
Amounts payable within one year42/48€146k€127k▼
Current portion of amounts payable after more than one year42€44k€44k▲
Trade debts44€14k€445▼
Suppliers440/4€14k€445▼
Taxes, remuneration and social security45€28k€25k▼
Taxes450/3€28k€23k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€60k€57k▼
Accrued charges and deferred income492/3€5k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€138k-
Remuneration, social security and pensions62€31k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€65k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€138k€146k▲
Operating profit (loss)9901€56k€45k▼
Financial income75/76B€1€6▲
Recurring financial income75€1€6▲
Financial charges65/66B€21k€10k▼
Recurring financial charges65€6k€10k▲
Non-recurring financial charges66B€15k-
Profit (loss) for the period before taxes9903€35k€36k▲
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€23k€24k▲
Profit (loss) for the period to be appropriated9905€23k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€44k▲
Profit (loss) brought forward from the previous period14P€18k€20k▲
Transfer to equity691/2€20k€22k▲
To other reserves6921€20k€22k▲
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (6 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
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 218 days late
31-03
Financial
Equity above €100kEq €122k ▲24.2%
7 profitable years in a row build equity to €122k.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
31-03
Financial
Highest result since 2019net €46k ▲350%
Operating result €68k, net result €46k, both a record.
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
31-03
Financial
Weakest financial yearnet €2k ▼61%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 23 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gouvy · 1 establishment unit since 2008
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.
Renglez 606673 GouvyGround area
1,323 m²
Building footprint
161 m²
Parcel 82008B0050/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FOREXPLOIT sprl
since 20082.170.756.763
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82008B0050/00A000 | Wallonia | 1,323 m² | 1 · 161 m² | - |
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.
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TMG Winters
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Habitus
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Of 294 companies in sector 02400 we hold annual accounts for 77. 57 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-04-2008
Fiscal year end31-03
Activities, NACEBEL
02200Logging
02400Forestry and logging
02100Forestry and logging
02300Forestry and logging
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:080/517904
Fax:080/517904