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EXODUS

Active
Public limited companyfounded 199530 yrs activeKouter 7B, 9000 Gent, BelgiumKBO/BCE: BE 0456.119.635
Summary

EXODUS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.38M and a net result of €-96k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 61% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
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 = 2024
Profitability22=
Solvency69▲+4
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.68 against 1.27 in 2024; short-term debt: 43.3% and cash: 0% of total assets), and 56.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.7%
Return on assets
-1.7%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.38M
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
33 d early
2022
3 d early
2021
1 d early
2020
45 d early
2019
15 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€2.38M▲ 97.9%
2024 · €1.20M
2018: €1.75M 2019: €1.19M 2020: €1.36M 2021: €1.14M 2022: €1.06M 2023: €1.26M 2024: €1.20M
2018 → 2025
Total assets
€5.46M▲ 81.9%
2024 · €3.00M
2018: €3.09M 2019: €2.75M 2020: €2.60M 2021: €2.50M 2022: €2.76M 2023: €2.83M 2024: €3.00M
2018 → 2025
Net result
€-96k▼ 82.3%
2024 · €-52k
2018: €-78k 2019: €78k 2020: €171k 2021: €-223k 2022: €-83k 2023: €201k 2024: €-52k
2018 → 2025
Working capital
€-751k
2024 · €242k
2018: €-23k 2019: €227k 2020: €403k 2021: €80k 2022: €218k 2023: €514k 2024: €242k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.06M▼ 7.3%€1.26M▲ 19.1%€1.20M▼ 4.2%€2.38M▲ 97.9%
Operating result€-185k-€-51k▲ 72.4%€264k€-30k€-2k▲ 92.1%
Net result€-223k-€-83k▲ 62.8%€201k€-52k€-96k▼ 82.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2021: €-185k€-185kNet result 2021: €-223k€-223kOperating result 2022: €-51k€-51kNet result 2022: €-83k€-83kOperating result 2023: €264k€264kNet result 2023: €201k€201kOperating result 2024: €-30k€-30kNet result 2024: €-52k€-52kOperating result 2025: €-2k€-2kNet result 2025: €-96k€-96k20212022202320242025€-100k€0€100k€200k€300kOperating result 2023: €264k€264kNet result 2023: €201k€201kOperating result 2024: €-30k€-30kNet result 2024: €-52k€-52kOperating result 2025: €-2k€-2.3kNet result 2025: €-96k€-96k202320242025
The operating result stays negative: a loss of €2k in 2025 against €30k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.46M
Fixed assets €3.85M ▲ 105%
Current assets €1.61M ▲ 43.3%
Equity and liabilities €5.46M
Equity €2.38M ▲ 97.9%
Debt €3.07M ▲ 71.2%
Debt's share of the balance-sheet total falls from 59.8% to 56.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€60k▲
2024 · €36k
Cash flow
€-33k▼
2024 · €13k
Current ratio
0.68▼
2024 · 1.27
Quick ratio
0.68▼
2024 · 1.27
Debt to equity
1.29▼
2024 · 1.49
ROE
-4.0%▲
2024 · -4.3%
ROA
-1.7%▼
2024 · -1.7%
Interest coverage
0.64▼
2024 · 0.67
Debt ≤ 1 year
€2.36M▲
2024 · €882k
Debt > 1 year
€694k▼
2024 · €906k
Income taxes
€319▲
2024 · €289
Staff costs
€9k▼
2024 · €32k
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 · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.00M€5.46M▲
Fixed assets21/28€1.88M€3.85M▲
Tangible fixed assets22/27€1.81M€3.04M▲
Land and buildings22€1.80M€3.03M▲
Furniture and vehicles24€10k€12k▲
Financial fixed assets28€63k€802k▲
Current assets29/58€1.12M€1.61M▲
Amounts receivable after more than one year29€284k€284k=
Other amounts receivable291€284k€284k=
Stocks and contracts in progress3-€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€835k€1.27M▲
Trade receivables40€346k€742k▲
Other amounts receivable41€489k€531k▲
Cash at bank and in hand54/58€25€127▲
Deferred charges and accrued income490/1€6k€43k▲
Equity and liabilities
Total equity and liabilities10/49€3.00M€5.46M▲
Equity10/15€1.20M€2.38M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€725k€2.00M▲
Reserves13€656k€656k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€650k€650k=
Profit (loss) carried forward14€-239k€-334k▼
Amounts payable17/49€1.80M€3.07M▲
Amounts payable after more than one year17€906k€694k▼
Financial debts170/4€906k€694k▼
Amounts payable within one year42/48€882k€2.36M▲
Current portion of amounts payable after more than one year42€265k€291k▲
Financial debts43€533k€1.74M▲
Credit institutions430/8€533k€1.74M▲
Trade debts44€82k€110k▲
Suppliers440/4€82k€110k▲
Taxes, remuneration and social security45€2k€608▼
Taxes450/3€289€608▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48-€222k
Accrued charges and deferred income492/3€7k€17k▲
Income statement Code20242025
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€32k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€62k▼
Other operating charges640/8€10k€10k▼
Non-recurring operating charges66A€0€111k▲
Gross operating margin9900€78k€190k▲
Operating profit (loss)9901€-30k€-2k▲
Financial income75/76B€31k€83▼
Recurring financial income75€31k€83▼
Financial charges65/66B€54k€93k▲
Recurring financial charges65€54k€93k▲
Profit (loss) for the period before taxes9903€-52k€-95k▼
Income taxes67/77€289€319▲
Profit (loss) for the period9904€-52k€-96k▼
Profit (loss) for the period to be appropriated9905€-52k€-96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-239k€-334k▼
Profit (loss) brought forward from the previous period14P€-186k€-239k▼
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Equity above €2MEq €2.38M ▲97.9%
Equity rises from €1.20M to €2.38M.
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Back to profitnet €201k
Net result €201k after 2 loss-making years.
27-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Weakest financial yearnet €-223k
Net result drops to €-223k, the lowest in the series; recovery starts the following year.
16-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €78k
Net result €78k after one loss-making year.
29-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Show earlier events
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
09-03
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
2017
28-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
07-11
State Gazette act General meeting · Legal-form conversion
Capital increase · Net-asset statement
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Gent · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
3,691 m²
Building footprint
2,255 m²
Volume, LiDAR
44,261 m³
Parcel 44803C0881/00H000, Flanders · tallest building 27.6 m, ±7 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
EXODUS NV
Kouter 7B, 9000 GentInsurance, reinsurance and pension funding, except compulsory social security
since 19962.075.721.311
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44803C0881/00H000 Flanders 3,691 m² 1 · 2,255 m² 27.6 m · 7 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.

Structure & network

Connections & network

1 connected company
Linked via shared directors
VAN AUDENHOVE Paul
Shared director
→

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 2,541 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 formPublic limited company
Founded10-10-1995
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.