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EXCEL REAL ESTATE

Active
Public limited companyfounded 2010active for 15 yearsNijverheidsstraat 4, 1000 Brussel, Belgium25 active companies are registered at this addressKBO/BCE: BE 0831.864.773
Summary

EXCEL REAL ESTATE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€62,252. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 27% of 3,854 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €350,000turnover 2025, estimated
Equity
€1.1m
Loss
-€62,252
Turnover estimated from the gross margin
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Excel & Co
2025 accounts filed 34 days late1 of 10 deeds summarised
Why 87raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.83, cash €87,964Last filed accounts filed 34 days late; 1 of the last 3 latelowers riskSize: total assets €4.0mShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 70, small)
Financial strength · tick = 2024
Average
Solvency 51-2
equity 26.5% of total assets
Liquidity 52-2
short-term debt 11.2% · cash 2.2%
Profitability 54-13
return on assets -1.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,519 companies, NACE 70, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.3 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -1.0 percentage point vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.83, compared with 0.82 in 2024, below 1; short-term debt: 11.2% and cash: 2.2% of total assets), and 73.5% 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 70, small): better than 27% on solvency, 60% on liquidity, 41% on profitability and 19% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €4.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.83, cash €87,964
NBB · annual accounts
raises risk · Last filed accounts filed 34 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 34 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
34 days late
2024
25 days late
2023
14 days early
2022
6 days early
2021
18 days early
2020
61 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Resignations: Jean-Paul DE COSTER (director) and…Appointments: Nadège SEBLINE (née POUTREL)…

Key points

  • Caution: From profit to loss in 2025after €90,381 in 2024 -€62,252 View
  • Caution: Among the weakest 14% on net resultsector median €54,243 · 3,853 companies -€62,252 View
  • Controlled by Excel & Co parent View

By topic

Financials

Financial year
2025
Total assets
€4.0m
Loss
-€62,252
Solvency
26.5%
Total assets▲ 1.1%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Excel & Co
  • Cédric GEORGES-PICOTDaily manager
  • Nadège SEBLINE (née POUTREL)Director
  • Philippe RENAUXDaily manager
Go to Board & ownership

Timeline

Events
21
Since
2012
Next accounts
by 31-07-2027
  1. 17-07-2024Annual accounts filed
  2. 25-07-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
13-12-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about EXCEL REAL ESTATE

What is the company number of EXCEL REAL ESTATE?
0831.864.773. In Belgium the VAT number is the company number with BE in front: BE 0831.864.773.
Where is EXCEL REAL ESTATE based?
The registered office is at Nijverheidsstraat 4, 1000 Brussel.Company details
What does EXCEL REAL ESTATE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of EXCEL REAL ESTATE?
Public limited company (NV).
When was EXCEL REAL ESTATE founded?
On 13-12-2010.
Is EXCEL REAL ESTATE still active?
Yes, EXCEL REAL ESTATE is an active enterprise in the KBO register.
How many employees does EXCEL REAL ESTATE have?
On average 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of EXCEL REAL ESTATE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is EXCEL REAL ESTATE profitable?
In financial year 2025, EXCEL REAL ESTATE made a loss of €62,252.
Where can I find the annual accounts of EXCEL REAL ESTATE?
EXCEL REAL ESTATE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXCEL REAL ESTATE due?
By 31-07-2027, for financial year 2026.Timeline

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