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EXCALIBUR

Active
Private limited companyfounded 1998active for 28 yearsPlace Léopold 5, 7000 Mons, BelgiumKBO/BCE: BE 0464.246.453
Summary

EXCALIBUR has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,126 and a net result of €37,735. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 40% of 18,736 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€124,838total assets 2024
Equity
€22,126
Profit
€37,735
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts 74 days overdue1 of 2 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 08-07-2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 1.22, cash €118,088Founded in 1998Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 56, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 43-57
equity 17.7% of total assets
Liquidity 55-42
short-term debt 82.3% · cash 94.6%
Profitability 100=
return on assets 30.2%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,719 companies, NACE 56, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.4 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.22, compared with 6.81 in 2023, below the usual 1.5; short-term debt: 82.3% and cash: 94.6% of total assets), and 82.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 40% on solvency, 58% on liquidity, 93% on profitability and 12% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.22, cash €118,088
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 08-07-2025)
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
27 days early
2023
36 days early
2022
67 days late
2021
2 days early
2020
10 days late
2019
40 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Luca Impagliatelli (director)Resignation: Pasquale Mangiacotti (director) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2024net €37,735 ▲9.6%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Positive: Among the best 16% on net resultsector median €5,427 · 18,721 companies €37,735 View

By topic

Financials

Financial year
2024
Total assets
€124,838
Profit
€37,735
Solvency
17.7%
Total assets▲ 70.5%
Net result
20182024
Go to Financials

Timeline

Events
32
Since
2000
  1. 25-06-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Liquidity more than triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
01-10-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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