BUSINESS EXCELLENCE - TRAINING & CONSULTANCY
ActiveSummary
BUSINESS EXCELLENCE - TRAINING & CONSULTANCY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 95% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 30.17 against 6.49 in 2023; short-term debt: 3.1% and cash: 0.2% of total assets), and 3.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
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 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
96.9%
Return on assets
-9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
76 d late
2023
156 d late
2022
31 d late
2021
336 d late
2020
67 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€121k▼ 8.5%
2023 · €132k
2018: €118k
2019: €126k
2020: €132k
2021: €159k
2022: €152k
2023: €132k
2018 → 2024
Total assets
€125k▼ 19.1%
2023 · €154k
2018: €122k
2019: €134k
2020: €140k
2021: €180k
2022: €173k
2023: €154k
2018 → 2024
Net result
€-11k▲ 44.4%
2023 · €-20k
2018: €-3k
2019: €8k
2020: €6k
2021: €27k
2022: €-7k
2023: €-20k
2018 → 2024
Working capital
€112k▼ 7.6%
2023 · €121k
2018: €94k
2019: €101k
2020: €110k
2021: €132k
2022: €136k
2023: €121k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€132k-€159k▲ 20.6%€152k▼ 4.3%€132k▼ 13.2%€121k▼ 8.5%
Operating result€5k-€34k▲ 578%€-13k€-22k▼ 68.3%€-18k▲ 20.8%
Net result€6k-€27k▲ 375%€-7k€-20k▼ 198%€-11k▲ 44.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €22k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€9k ▼ 18.4%
Current assets
€116k ▼ 19.1%
Equity and liabilities €125k
Equity
€121k ▼ 8.5%
Debt
€4k ▼ 82.6%
Debt's share of the balance-sheet total falls from 14.3% to 3.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▲
2023 · €-17k
Cash flow
€-8k▲
2023 · €-15k
Current ratio
30.17▲
2023 · 6.49
Debt to equity
0.03▼
2023 · 0.17
ROE
-9.3%▲
2023 · -15.3%
ROA
-9.0%▲
2023 · -13.1%
Interest coverage
-346.22▼
2023 · -272.75
Debt ≤ 1 year
€4k▼
2023 · €22k
Income taxes
€194▼
2023 · €4k
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€154k€125k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€9k▼
Land and buildings22€8k€6k▼
Plant, machinery and equipment23€86€933▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€143k€116k▼
Amounts receivable within one year40/41€127k€114k▼
Other amounts receivable41€127k€114k▼
Current investments50/53€2k€459▼
Cash at bank and in hand54/58€13k€200▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€154k€125k▼
Equity10/15€132k€121k▼
Contributions10/11€132k€132k=
Reserves13€27k€27k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-27k€-38k▼
Amounts payable17/49€22k€4k▼
Amounts payable within one year42/48€22k€4k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€20k€37▼
Taxes450/3€20k€37▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Other operating charges640/8€1k€457▼
Gross operating margin9900€-15k€-14k▲
Operating profit (loss)9901€-22k€-18k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€61€41▼
Recurring financial charges65€61€41▼
Profit (loss) for the period before taxes9903€-16k€-11k▲
Income taxes67/77€4k€194▼
Profit (loss) for the period9904€-20k€-11k▲
Profit (loss) for the period to be appropriated9905€-20k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-38k▼
Profit (loss) brought forward from the previous period14P€-7k€-27k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 156 days late
2024
31-12
Financial
Liquidity times 5current ratio 30.17
Current ratio from 6.49 to 30.17; short-term debt falls from €22k to €4k.
2023
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 336 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲375%
Operating result €34k, net result €27k, both a record.
31-12
Financial
Equity above €150kEq €159k ▲20.6%
3 profitable years in a row build equity to €159k.
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ninovesteenweg 1239320 AalstGround area
130 m²
Building footprint
111 m²
Volume, LiDAR
721 m³
Parcel 41342B0146/00E002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Business Excellence Training & Consulting
since 20012.095.326.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0146/00E002 | Flanders | 130 m² | 1 · 111 m² | 10.3 m · 2 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.
Similar companies · same sector, comparable size
Accueil et Promotion au Service des Immigrés
BE 0411.884.863
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Centre liégeois de Formation
BE 0441.242.706
Liège · Eq €121,336
PERFORMANCE MANAGEMENT
BE 0454.777.273
Elsene · Eq €119,678
CEGIS
BE 0442.085.121
Seraing · Eq €122,604
ESPACE FORMATION EMPLOI
BE 0456.209.014
Namur · Eq €118,920
Of 3,017 companies in sector 85592 we hold annual accounts for 987. 759 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 formPrivate limited company (pre-2019)
Founded12-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
70200Business and other management consultancy
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.