EXATECH
ActiveSummary
For EXATECH, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €152k and a net result of €57k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 36375 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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
75.2%
Return on assets
28.2%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 237 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 12-11-2025, 285 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
285 d late
2023
251 d late
2022
on the day
2021
on the day
2020
1 d late
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€152k▲ 60.2%
2023 · €95k
2019: €64k
2020: €60k▼ -6.7% vs 2019lowest in 6 years
2021: €70k▲ +16.3% vs 2020
2022: €70k● -0.0% vs 2021
2023: €95k▲ +35.7% vs 2022
2024: €152k▲ +60.2% vs 2023highest in 6 years
2019 → 2024
Total assets
€202k▲ 62.5%
2023 · €124k
2019: €102k
2020: €87k▼ -14.9% vs 2019lowest in 6 years
2021: €167k▲ +92.4% vs 2020
2022: €158k▼ -5.4% vs 2021
2023: €124k▼ -21.1% vs 2022
2024: €202k▲ +62.5% vs 2023highest in 6 years
2019 → 2024
Net result
€57k▲ 128%
2023 · €25k
2019: €12k
2020: €-4k▼ -135% vs 2019lowest in 6 years
2021: €10k▲ +329% vs 2020
2022: €-26▼ -100% vs 2021
2023: €25k▲ +96730% vs 2022
2024: €57k▲ +128% vs 2023highest in 6 years
2019 → 2024
Working capital
€129k▲ 98.1%
2023 · €65k
2019: €64k
2020: €60k▼ -6.6% vs 2019
2021: €70k▲ +16.3% vs 2020
2022: €57k▼ -18.1% vs 2021lowest in 6 years
2023: €65k▲ +13.8% vs 2022
2024: €129k▲ +98.1% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€70k▲ 16.3%€70k=€95k▲ 35.7%€152k▲ 60.2%
2020: €60klowest in 5 years
2021: €70k▲ +16.3% vs 2020
2022: €70k● -0.0% vs 2021
2023: €95k▲ +35.7% vs 2022
2024: €152k▲ +60.2% vs 2023highest in 5 years
Operating result€-5k-€12k€639▼ 94.8%€34k▲ 5,248%€69k▲ 103%
2020: €-5klowest in 5 years
2021: €12k▲ +328% vs 2020
2022: €639▼ -94.8% vs 2021
2023: €34k▲ +5248% vs 2022
2024: €69k▲ +103% vs 2023highest in 5 years
Net result€-4k-€10k€-26€25k€57k▲ 128%
2020: €-4klowest in 5 years
2021: €10k▲ +329% vs 2020
2022: €-26▼ -100% vs 2021
2023: €25k▲ +96730% vs 2022
2024: €57k▲ +128% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 103% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€23k ▼ 23.1%
Current assets
€179k ▲ 89.3%
Equity and liabilities €202k
Equity
€152k ▲ 60.2%
Debt
€50k ▲ 70.0%
Debt's share of the balance-sheet total rises from 23.7% to 24.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2023 · €37k
Cash flow
€64k▲
2023 · €28k
Current ratio
3.57▲
2023 · 3.21
Debt to equity
0.33▲
2023 · 0.31
ROE
37.6%▲
2023 · 26.3%
ROA
28.2%▲
2023 · 20.1%
Interest coverage
335.57▲
2023 · 231.63
Debt ≤ 1 year
€50k▲
2023 · €29k
Income taxes
€16k▲
2023 · €11k
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 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€124k€202k▲
Fixed assets21/28€30k€23k▼
Tangible fixed assets22/27€30k€23k▼
Plant, machinery and equipment23€2k€973▼
Furniture and vehicles24€28k€22k▼
Current assets29/58€95k€179k▲
Amounts receivable within one year40/41€89k€136k▲
Trade receivables40€29k€22k▼
Other amounts receivable41€60k€114k▲
Cash at bank and in hand54/58€4k€42k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€124k€202k▲
Equity10/15€95k€152k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311-€2k
Other1319€2k-
Profit (loss) carried forward14€81k€138k▲
Amounts payable17/49€29k€50k▲
Amounts payable within one year42/48€29k€50k▲
Trade debts44€16k€24k▲
Suppliers440/4€16k€24k▲
Taxes, remuneration and social security45€14k€27k▲
Taxes450/3€14k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€17k
Other operating charges640/8€2k€2k▲
Gross operating margin9900€39k€95k▲
Operating profit (loss)9901€34k€69k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€160€227▲
Recurring financial charges65€160€227▲
Profit (loss) for the period before taxes9903€36k€73k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€25k€57k▲
Profit (loss) for the period to be appropriated9905€25k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€138k▲
Profit (loss) brought forward from the previous period14P€56k€81k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50 | - | €3k | €3k | €7k | ▲ 142% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €17k | - |
| Other operating charges640/8 | - | - | €348 | €2k | €2k | ▲ 4.8% |
| Gross operating margin9900 | €-5k | €13k | €4k | €39k | €95k | ▲ 144% |
| Operating profit (loss)9901 | €-5k | €12k | €639 | €34k | €69k | ▲ 103% |
| Financial income75/76B | - | - | €1k | €2k | €4k | ▲ 151% |
| Recurring financial income75 | €2k | €1k | €1k | €2k | €4k | ▲ 151% |
| Financial charges65/66B | - | - | €482 | €160 | €227 | ▲ 42.0% |
| Recurring financial charges65 | €771 | €482 | €482 | €160 | €227 | ▲ 42.0% |
| Profit (loss) for the period before taxes9903 | €-4k | €13k | €2k | €36k | €73k | ▲ 105% |
| Income taxes67/77 | €172 | €3k | €2k | €11k | €16k | ▲ 50.4% |
| Profit (loss) for the period9904 | €-4k | €10k | €-26 | €25k | €57k | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €10k | €-26 | €25k | €57k | ▲ 128% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87k | €167k | €158k | €124k | €202k | ▲ 62.5% |
| Fixed assets21/28 | - | - | €13k | €30k | €23k | ▼ 23.1% |
| Tangible fixed assets22/27 | - | - | €13k | €30k | €23k | ▼ 23.1% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €973 | ▼ 38.8% |
| Furniture and vehicles24 | - | - | €10k | €28k | €22k | ▼ 22.2% |
| Current assets29/58 | €87k | €167k | €145k | €95k | €179k | ▲ 89.3% |
| Amounts receivable after more than one year29 | - | - | €48k | - | - | - |
| Other amounts receivable291 | - | - | €48k | - | - | - |
| Amounts receivable within one year40/41 | €72k | €66k | €80k | €89k | €136k | ▲ 52.5% |
| Trade receivables40 | - | - | €67k | €29k | €22k | ▼ 23.8% |
| Other amounts receivable41 | - | - | €14k | €60k | €114k | ▲ 90.0% |
| Cash at bank and in hand54/58 | €14k | €51k | €17k | €4k | €42k | ▲ 913% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | €1k | ▲ 13.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87k | €167k | €158k | €124k | €202k | ▲ 62.5% |
| Equity10/15 | €60k | €70k | €70k | €95k | €152k | ▲ 60.2% |
| Contributions10/11 | - | - | €12k | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Other1319 | - | - | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €46k | €56k | €56k | €81k | €138k | ▲ 70.8% |
| Amounts payable17/49 | €26k | €97k | €88k | €29k | €50k | ▲ 70.0% |
| Amounts payable within one year42/48 | €26k | €97k | €88k | €29k | €50k | ▲ 70.0% |
| Trade debts44 | €19k | €93k | €85k | €16k | €24k | ▲ 50.9% |
| Suppliers440/4 | - | - | €85k | €16k | €24k | ▲ 50.9% |
| Taxes, remuneration and social security45 | - | - | €2k | €14k | €27k | ▲ 91.5% |
| Taxes450/3 | - | - | €2k | €14k | €27k | ▲ 91.5% |
| Other amounts payable47/48 | - | - | €1k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €10k | €-26 | €25k | €57k | ▲ 128% |
| + Depreciation and write-downs630 | €50 | - | €3k | €3k | €7k | ▲ 142% |
| Operating cash flow (approximation) | €-4k | €10k | €3k | €28k | €64k | ▲ 130% |
| Investment in fixed assets (approximation) | - | - | - | €-20k | €0 | ▲ 100% |
| Change in cash | - | €37k | €-35k | €-13k | €37k | ▲ 398% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 285 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 251 days late
30-06
Financial
Highest result since 2019net €57k ▲128%
Operating result €69k, net result €57k, both a record.
30-06
Financial
Equity above €150kEq €152k ▲60.2%
2 profitable years in a row build equity to €152k.
2023
30-06
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Vilvoorde · 1 establishment unit since 2012
Ground area
613 m²
Building footprint
348 m²
Volume, LiDAR
3,141 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EXATECH
since 20122.229.666.348
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0519/00E006 | Flanders | 347 m² | 1 · 81 m² | 11.1 m · 3 fl. |
| 21522B0681/00P006 | Brussels | 266 m² | 1 · 267 m² | 16.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900D90A4ZNGCKB190
Similar companies · same sector, comparable size
ICU-Security
BE 0537.797.395
Niel · Eq €151,751
Pasania
BE 0898.731.229
Olen · Eq €152,589
Thomas De Meyer
BE 0676.967.948
Kortenaken · Eq €150,600
3PAS
BE 0849.465.226
Dendermonde · Eq €150,090
Elektriciteit Rosselle
BE 0805.811.662
Tielt · Eq €150,026
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-06-2012
Fiscal year end30-06
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.