Skip to content

Exact Forestall

Active
Public limited company·Overige technische testen en toetsen· 32 yrs active
Mondeolaan 2D ·3600 Genk, Belgium
KBO/BCE: BE 0451.654.368
Watch Print / PDF
Age32 yrs
Staff (FTE)53.9

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Exact Forestall is 0.1% (very low). The 2025 annual accounts show equity of €1.62M and a net result of €1.27M. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 56 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 56 sector peers (2025).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 1993, 32 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Long track record Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€25.20M+51.6%
EBIT margin6.6%+3.1pp
Net result€1.27M+303.6%
Working capital€1.32M-19.7%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 19-05-2026 with the NBB · fiscal year 2025 · volledig
€0€10.00M€20.00M€30.00MRevenue 2021: €11.80M€11.80MOperating result 2021: €1.47M€1.47MNet result 2021: €1.08M€1.08MRevenue 2022: €21.68M€21.68MOperating result 2022: €2.45M€2.45MNet result 2022: €1.76M€1.76MRevenue 2023: €23.79M€23.79MOperating result 2023: €1.79M€1.79MNet result 2023: €1.29M€1.29MRevenue 2024: €16.62M€16.62MOperating result 2024: €569k€569kNet result 2024: €315k€315kRevenue 2025: €25.20M€25.20MOperating result 2025: €1.65M€1.65MNet result 2025: €1.27M€1.27M20212022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.6%/year over 8 fiscal years, indicative, assuming unchanged policy.
€0€1.00M€2.00M€3.00M2026: €1.85M (€1.50M - €2.20M)2027: €1.97M (€1.42M - €2.53M)2028: €2.10M (€1.33M - €2.86M)2018: €1.51M2019: €852k2020: €1.12M2021: €990k2022: €1.35M2023: €2.65M2024: €1.94M2025: €1.62M20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 71, Architecture & engineering · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 23.0% 48.3%
better than 23% of 56 sector peers
Net result €1.27M €31k
better than 95% of 56 sector peers
Equity €1.62M €187k
better than 83% of 56 sector peers
Total assets €7.06M €477k
better than 87% of 56 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P23
2020: P30 · n=652021: P25 · n=912022: P29 · n=1292023: P52 · n=1552024: P45 · n=1742025: P23 · n=562020 2025
Stable position over 2020-2025 · n=56-174
Net result P95
2020: P91 · n=652021: P90 · n=912022: P95 · n=1292023: P95 · n=1542024: P89 · n=1742025: P95 · n=562020 2025
Stable position over 2020-2025 · n=56-174
Equity P83
2020: P71 · n=652021: P75 · n=912022: P83 · n=1292023: P86 · n=1552024: P88 · n=1742025: P83 · n=562020 2025
Improving position over 2020-2025 · n=56-174
Staff costs P88
2021: P81 · n=402022: P86 · n=722023: P88 · n=812024: P88 · n=922021 2024
Stable position over 2021-2024 · n=40-92
Describes the position versus peers, not a forecast.
Revenue
€25.20M
+51.6% 18-25
EBITDA
€1.75M
+156.0% 18-25
Net profit
€1.27M
+303.6% 18-25
Cash flow
€1.37M
+217.7% 18-25
Total assets
€7.06M
+10.4% 18-25
Equity
€1.62M
-16.3% 18-25
Working capital
€1.32M
-19.7% 18-25
Employees (FTE)
54
-14.3% 18-25
Staff costs
€4.20M
+18.1% 18-25
Income taxes
€500k
+205.6% 18-25
Dividends
€1.59M
+54.6% 18-25
Debt
€5.44M
+22.0% 18-25
Debt ≤ 1y
€5.42M
+21.4% 18-25
Debt > 1y
€27k
-91.1% 18-25
Current ratio
1.24
-9.1% 18-25
Quick ratio
1.24
-7.0% 18-25
Solvency
23.0%
-24.2% 18-25
Debt / equity
3.36
+45.7% 18-25
ROE
78.4%
+382.0% 18-25
ROA
18.0%
+265.6% 18-25
Net margin
5.0%
+166.2% 18-25
EBITDA margin
7.0%
+68.8% 18-25
Interest coverage
407.13
-8.5% 18-25
Figures by fiscal year
Fiscal year2025
Revenue€25.20M
EBITDA€1.75M
Net profit€1.27M
Cash flow€1.37M
Staff costs€4.20M
Income taxes€500k
Dividends€1.59M
Total assets€7.06M
Equity€1.62M
Debt€5.44M
of which ≤ 1y€5.42M
of which > 1y€27k
Working capital€1.32M
Employees (FTE)53.9
Ratios (computed)
2025
Current ratio1.24
Quick ratio1.24
Working capital ratio18.6%
Solvency23.0%
Debt / equity3.36
Long-term debt ratio0.02
Interest coverage407.13
Gross margin92.5%
Net margin5.0%
ROA18.0%
ROE78.4%
EBITDA margin7.0%
Days sales outstanding87d
Days payable outstanding517d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€7.06M
Fixed assets 21/28€332k
Tangible fixed assets 22/27€171k
Financial fixed assets 28€161k
Current assets 29/58€6.73M
Amounts receivable within one year 40/41€6.16M
Cash & bank 54/58€125k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.06M
Equity 10/15€1.62M
Contributions / capital 10/11€900k
Reserves 13€722k
Amounts payable 17/49€5.44M
Amounts payable after one year 17€27k
Amounts payable within one year 42/48€5.42M
Trade debts payable within one year 44€2.68M
Income statement
Turnover 70€25.20M
Operating result 9901€1.65M
Financial income 75€137k
Financial charges 65€20k
Result before taxes 9903€1.77M
Income taxes 67/77€500k
Net result for the period 9904€1.27M
Result to be appropriated 9905€1.27M
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
75 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

2 locations
Exact Systems
Mondeolaan 2D, 3600 GenkOverige technische testen en toetsen
since 19942.065.444.556
Exact Systems
Traktaatweg 19, 9000 GentOverige technische testen en toetsen
since 20182.278.642.638
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3.7 ha
Buildings2
Building footprint5,590 m²
Volume (LiDAR)88 m³
Tallest building2.8 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71304E0574/00M000 Flanders 3.0 ha 1 · 3,318 m² 2.8 m
44812A1071/00D000 Flanders 7,547 m² 1 · 2,271 m² -
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

21 acts
Address history · 3
16-10-2023
Registered-office move
01-08-2023
Registered-office move
27-04-2023
Registered-office move
All acts · 21 updated 1 year ago
2025
04-03-2025 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Sophie MAQUET
Summary: Material correctionNotary: Sophie MAQUET · Brussel
2024
30-12-2024 2 directors appointed, 1 resigning Director changes
  • Compass Audit, Commissaris
  • Wim CAMPS, Commissaris
  • GOS Pawel Aleksander, Bestuurder
Summary: v3.2
23-04-2024 1 director appointed, 1 resigning Director changes
  • IVEM BV, Bestuurder
  • Ive Monbaillieu, Bestuurder
Summary: v3.2
2023
16-10-2023 Registered office moved within Genk Registered-office change·Ive Monbaillieu
  • Mondeolaan 2 D/004 Unit 28 → Mondeolaan 2D bus 0004 te 3600 Genk
Notary: Ive Monbaillieu · Tongeren
18-09-2023 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Michael BÖSE
Summary: otherNotary: Michael BÖSE · Genk
01-08-2023 Registered office moved from Genk to Ive Monbaillieu Registered-office change·Notaris J. Van den Berg
  • Hoogstraat 69, 3600 Genk → Mondeolaan 2 D/004 Unit 28, Ive Monbaillieu
Notary: Notaris J. Van den Berg · Tongeren
13-07-2023 Ive MONBAILLIEU appointed as bijkomende bestuurder Director changes
  • Ive MONBAILLIEU, Bijkomende bestuurder
Summary: v3.2
27-04-2023 Registered office moved within Genk Registered-office change·Dariusz Dengusiyak
  • Hoogstraat 69, 3600 Genk → Mondeolaan 28, 3600 Genk
Notary: Dariusz Dengusiyak · Tongeren
2022
10-05-2022 3 directors appointed Director changes
  • Compass Audit BV, Commissaris
  • Simon Briers, Auditor
  • Wim Camps, Auditor
Summary: v3.2
2021
10-06-2021 3 directors appointed, 1 resigning Director changes
  • Compass Audit BV, Commissaris
  • Pawel Gos, Bestuurder
  • Dengusiak Dariusz, Bestuurder
  • Compass Audit BV, Commissaris
Summary: v3.2
2019
04-09-2019 2 resigning Director changes
  • AFP MANAGEMENT sprl, Bestuurder
  • Dariusz DENGUSIAK, Gedelegeerd bestuurder
Summary: v3.2
30-01-2019 2 directors appointed Director changes
  • Dariusz Dengusiak, Bestuurder
  • Dariusz Dengusiak, Gedelegeerd bestuurder
Summary: v3.2
2018
07-12-2018 1 director appointed, 1 resigning Director changes
  • Alexandre PLAISANT, Gedelegeerd bestuurder
  • Jaroslaw KOCHAŃSKI, Bestuurder
Summary: v3.2
24-07-2018 2 directors appointed, 2 resigning Director changes
  • COMPASS AUDIT cvba, Commissaris
  • Simon BRIERS, Commissaris
  • COMPASS AUDIT cvba, Commissaris
  • Simon BRIERS, Commissaris
Summary: v3.2
30-01-2018 5 directors appointed, 1 resigning Director changes
  • AFP MANAGEMENT sprl, Bestuurder
  • Alexandre Plaisant, Vaste vertegenwoordiger
  • Alexandre Plaisant, Gedelegeerd bestuurder
  • Pawel Gos, Gedelegeerd bestuurder
  • Jaroslaw Kochański, Gedelegeerd bestuurder
  • Alexandre Plaisant, Bestuurder
Summary: v3.2
2017
03-10-2017 2 directors appointed, 1 resigning Director changes
  • Alexandre Plaisant, Bestuurder
  • Alexandre Plaisant, Gedelegeerd bestuurder
  • Marc Panen, Bestuurder
Summary: v3.2
29-06-2017 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·CONTROL + REWORK SERVICE (verkort): CRS
Summary: otherNotary: CONTROL + REWORK SERVICE (verkort): CRS · Antwerpen
27-06-2017 Publication in the Belgian Official Gazette, Minor change Minor change·Michael BÖSE
Summary: Other address changeNotary: Michael BÖSE · Genk
2015
22-10-2015 4 directors appointed, 3 resigning Director changes
  • Pawel Gos, Bestuurder
  • Jaroslaw Kochański, Bestuurder
  • YoctoConsult bvba, Bestuurder
  • Marc Panen, Gedelegeerd bestuurder
  • Gino Kwiek, Bestuurder
  • Toni Kwiek, Bestuurder
  • Control + Rework Service International nv, Bestuurder
Summary: v3.2
31-07-2015 5 directors appointed, 1 resigning Director changes
  • KWIEK Gino, Bestuurder
  • KWIEK Toni, Bestuurder
  • CRS INTERNATIONAL nv, Bestuurder
  • KWIEK Maria, Vertegenwoordiger
  • BRIERS, BEKKERS & CO Burg. Venn. bvba, Commissaris
  • huidige commissaris, Commissaris
Summary: v3.2
First 20 of 21 acts

Analysis

Snowflake analysis

financial profile on 5 axes
Health75Profitability62Solvency38Growth79Stability100
71 / 100

Strong profile, led by stability.

Health 75
Profitability 62
Solvency 38
Growth 79
Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige technische testen en toetsen71209Overige technische testen en toetsen71209Technische testen en analyses74302
Primary activity highlighted.
Names & trade names
Legal nameNL Exact Forestall
Registered office
Mondeolaan 2D bus 4
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.