ACTIVE

EXACT SOFTWARE BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

13,5 M €

+141.4% YoY

Revenue

75,7 M €

+330.2% YoY

Equity

39,1 M €

+144.7% YoY

Workforce

130,5 ETP

+248.0% YoY

What does EXACT SOFTWARE BELGIUM do?

EXACT SOFTWARE BELGIUM is a Private limited company incorporated in 1989. Its main activity is: Computer programming activities. Its registered office is in Wemmel. It employs on average 130,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.228.587

Incorporation

04/04/1989

Legal form

Private limited company

Registered office

Avenue Reine Astrid 166
1780 Wemmel · FlandreSee on map

Contributed capital

2 804 049,31 €

Latest accounts

31/12/2025

Average workforce

130,5 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	75,7 M €	+330%	17,6 M €		–		–		–		6,6 M €	+8.5%	6,1 M €	+2.3%	5,9 M €	-0.6%	6 M €	-0.5%	6 M €	-35.3%	9,2 M €	+5.8%	8,7 M €	+2.5%	8,5 M €	-1.3%	8,6 M €	+2.3%	8,4 M €	-6.0%	9 M €	-2.1%	9,2 M €
EBITDA	15,5 M €	+124%	6,9 M €	+805%	766,6 k €	+4.0%	737,1 k €	-5.6%	780,5 k €	+37.8%	566,5 k €	-22.0%	726,4 k €	-16.3%	867,5 k €	+52.0%	570,9 k €	-13.4%	659,3 k €	-48.8%	1,3 M €	-5.3%	1,4 M €	+29.7%	1 M €	-11.7%	1,2 M €	-16.9%	1,4 M €	-27.2%	2 M €	-4.5%	2,1 M €
Operating result	14,5 M €	+113%	6,8 M €	+812%	748 k €	+2.6%	729,2 k €	+1.9%	716 k €	+52.7%	468,9 k €	-17.7%	570,1 k €	-28.5%	797,7 k €	+81.0%	440,8 k €	-26.6%	600,8 k €	-53.1%	1,3 M €	-4.9%	1,3 M €	+51.4%	889,9 k €	+1.6%	876,3 k €	-13.1%	1 M €	-28.1%	1,4 M €	-3.5%	1,5 M €
Net result	13,5 M €	+141%	5,6 M €	+677%	721,8 k €	+38.2%	522,1 k €	+10.1%	474,3 k €	+219%	148,7 k €	-73.4%	558,8 k €	-0.8%	563,1 k €	+107%	272,2 k €	-44.5%	490,8 k €	-73.9%	1,9 M €	+9.2%	1,7 M €	+14.9%	1,5 M €	+1.0%	1,5 M €	-16.9%	1,8 M €	-32.7%	2,7 M €	-44.6%	4,8 M €
Balance sheet
Equity	39,1 M €	+145%	16 M €	+191%	5,5 M €	+15.1%	4,8 M €	+12.3%	4,2 M €	+32.2%	3,2 M €	+4.9%	3,1 M €	+22.3%	2,5 M €	+29.1%	1,9 M €	-90.4%	20,2 M €	-45.8%	37,2 M €	+5.3%	35,3 M €	+0.9%	35 M €	+0.3%	34,9 M €	+0.2%	34,8 M €	-0.0%	34,8 M €	-0.1%	34,8 M €
Total assets	77 M €	+194%	26,2 M €	+115%	12,2 M €	+16.1%	10,5 M €	+7.7%	9,7 M €	+8.8%	9 M €	+7.6%	8,3 M €	+9.9%	7,6 M €	+8.7%	7 M €	-72.9%	25,7 M €	-80.0%	128,6 M €	+8.0%	119,2 M €	-1.9%	121,5 M €	-1.3%	123,2 M €	+182%	43,6 M €	+3.0%	42,3 M €	-7.4%	45,7 M €
Cash	6,6 M €	+55.4%	4,2 M €	+170%	1,6 M €	+11.5%	1,4 M €	-65.2%	4 M €	+2555%	152,3 k €	-88.9%	1,4 M €	+54.1%	890 k €	-52.6%	1,9 M €	+43.6%	1,3 M €	-95.4%	28,5 M €	+7.2%	26,6 M €	-3.2%	27,5 M €	+18.5%	23,2 M €	+247%	6,7 M €	-52.5%	14,1 M €	+193%	4,8 M €
Debts	27,8 M €	+549%	4,3 M €	+27.2%	3,4 M €	+32.7%	2,5 M €	+3.7%	2,5 M €	-14.6%	2,9 M €	+21.2%	2,4 M €	+4.5%	2,3 M €	+6.5%	2,1 M €	+15.4%	1,8 M €	-97.9%	88,1 M €	+9.5%	80,4 M €	-3.1%	83 M €	-1.1%	83,9 M €	+1829%	4,3 M €	+13.5%	3,8 M €	-43.8%	6,8 M €
Other
Workforce	130,5 ETP	+248%	37,5 ETP	+140%	15,6 ETP	-6.0%	16,6 ETP	-6.7%	17,8 ETP	+6.6%	16,7 ETP	-2.9%	17,2 ETP	-12.2%	19,6 ETP	-7.1%	21,1 ETP	+2.9%	20,5 ETP	-55.3%	45,9 ETP	-2.3%	47,0 ETP	-6.9%	50,5 ETP	-6.3%	53,9 ETP	-0.4%	54,1 ETP	+0.6%	53,8 ETP	-9.0%	59,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

EXACT MANAGEMENT BV

Director

Represented by Paul Ramakers

Active

Ended mandates

Exact Management BV

Director · since 06 décembre 2019

Represented by Ramakers PAUL

Ended

Exact Managment BV

Director · since 06 décembre 2019

Represented by Ramakers PAUL

Ended

Exact Management BV

Director · since 30 octobre 2017 · until 17 juin 2019

Represented by Phillip Robinson

Ended

Exact Management BV

Manager · since 30 octobre 2017

Represented by Phillip Robinson

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	24/06/2025	23/05/2024	19/06/2023	15/07/2022	08/07/2021
General meeting	18/06/2026	19/06/2025	17/05/2024	15/06/2023	15/07/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	19/06/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	19/06/2023	Dutch	PDF
Abridged model	31/12/2021	15/07/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	09/07/2020	29/07/2020	Dutch	PDF
Full model	31/12/2018	15/08/2019	22/08/2019	Dutch	PDF
Full model	31/12/2017	13/07/2018	07/08/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	01/08/2016	24/08/2016	Dutch	PDF
Full model	31/12/2014	22/12/2015	07/01/2016	Dutch	PDF
Full model	31/12/2013	28/05/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	23/05/2013	12/06/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	06/08/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	16/07/2010	Dutch	PDF
Full modelCorrection	31/12/2008	18/06/2009	10/07/2009	Dutch	PDF
Full model	31/12/2008	18/06/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	04/08/2008	Dutch	PDF
Full model	31/12/2006	01/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

EXACT MANAGEMENT BV

Director

Represented by Paul Ramakers

Active

Ended mandates

Exact Management BV

Director · since 06 décembre 2019

Represented by Ramakers PAUL

Ended

Exact Managment BV

Director · since 06 décembre 2019

Represented by Ramakers PAUL

Ended

Exact Management BV

Director · since 30 octobre 2017 · until 17 juin 2019

Represented by Phillip Robinson

Ended

Exact Management BV

Manager · since 30 octobre 2017

Represented by Phillip Robinson

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring20/08/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring20/08/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/06/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other17/06/2025
DIVERSEN
PDF
Restructuring12/08/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202513,5 M €↑
31/07/2025
augmentation_capitalExact Group
31/07/2025
apportExact Group
2024
Annual accounts 20245,6 M €↑
31/07/2024
apport
01/01/2024
augmentation_capital
2023
Annual accounts 2023721,8 k €↑
27/07/2023
nominationRobert Snijkers — commissaris
2022
Annual accounts 2022522,1 k €↑
2021
Annual accounts 2021474,3 k €↑
2019
Annual accounts 2019148,7 k €↓
2018
Annual accounts 2018558,8 k €↓
2017
Annual accounts 2017563,1 k €↑
2016
Annual accounts 2016272,2 k €↓
2015
Annual accounts 2015490,8 k €↓
2014
Annual accounts 20141,9 M €↑
2013
Annual accounts 20131,7 M €↑
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 20111,5 M €↓
2010
Annual accounts 20101,8 M €↓
2009
Annual accounts 20092,7 M €↓
2008
Annual accounts 20084,8 M €
04/04/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EXACT SOFTWARE BELGIUM

Overview

What does EXACT SOFTWARE BELGIUM do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline