Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 21.6 to 15.
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Busy address KBO
94 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EXALATE from Antwerpen, company number BE0834937594, closed financial year 2025 with a result of € -453,778 after tax. For that financial year EXALATE recorded a gross margin of € 1.4 million and equity of € -138,225. Compared with financial year 2024, the result moved from € -1.1 million to € -453,778. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ -138,225
▼ € 453,778 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -453,778
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 704,165
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -696,725.
People and assets in 2025
15
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 2% vs 2024
€ 90,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,236
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 265,497
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 154,366
▲ 10% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,318,954 | € 2,135,249 | € 345,213 | € 1,420,886 | ▲ € 1.1 million |
| Profit after taxes | € -302,911 | € 1,144,818 | € -1,084,425 | € -453,778 | ▲ € 630,647 |
| Equity | € 255,159 | € 1,399,977 | € 315,552 | € -138,225 | ▼ € 453,778 |
| Total debts | € 6,257,719 | € 2,249,120 | € 2,448,583 | € 2,958,526 | ▲ 21% |
| Cash | € 1,003,638 | € 510,296 | € 340,089 | € 704,165 | ▲ 107% |
| Retained profit | € -303,341 | € 841,477 | € -242,948 | € -696,725 | ▼ € 453,778 |
| Bank debt | € 15,961 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 6,512,878 | € 3,649,097 | € 2,764,135 | € 2,820,301 | ▲ 2% |
| Employees (FTE) | 21.8 | 21.6 | 15.9 | 15 | ▼ 0.9 |
Key figures of EXALATE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EXALATE?
What happened at EXALATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Francis Martens stepped down as director. NBB
- Hilde Van Brempt stepped down as director. NBB
- KBC Securities stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 453,778. Source: NBB ↗
- Francis Martens became a director. NBB
- Hilde Van Brempt became a director. NBB
- KBC Securities became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 302,911 loss in 2022 to € 453,778 loss in 2025.
Paid € 2,661 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 94,700 of value added per employee in 2025.
A new publication or filing at EXALATE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of KBC Focus fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EXALATEThe shares are held by KBC Focus fund (12%).
Directors
According to the 2025 annual accounts
Francis Martens
Managing director
since 2023 · until 2029
Hilde Van Brempt
Managing director
since 2023 · until 2029
Director · represented by Koen Schrever
Also active at: POZYX, SYMPL, ArtiQ, Pharrowtech, KBC Private Partners Life Sciences, KBC Private Partners Life Sciences (Privak), FLANDERSBIO, VENTORY +2 more
since 2023 · until 2029
Shareholders
12%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
IJzerenpoortkaai 3 box 37
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 94 companies are registered at this address.
All companies at this address →Ronny Van de Velde Contemporary Art
PM INTERIEUR
€ -1,416 gross margin · 2023
Viyo Int. Trading
€ -200 gross margin · 2024
KVL
€ -175,700 gross margin · 2021
GOUDEZEUNE
€ -30,908 gross margin · 2023
+89 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
ACCELERATED-IT, DE
Domain
Domain
exalate.com
Registered
2015-04-25
Registrar
GoDaddy.com, LLC
Expires
2027-04-25
Website info
Features
Security
Network
Details
- Company number
- 0834.937.594
- VAT number
- BE 0834.937.594
- Registered office
- IJzerenpoortkaai 3 bus 37, 2000 Antwerpen
- Names & denominations
- EXALATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2011
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- exalate.com [email protected]
- Activities · NACE
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