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EXCEL REAL ESTATE

Active
Public limited companyfounded 2010active for 15 yearsNijverheidsstraat 4, 1000 Brussel, BelgiumKBO/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 has been growing by about 4.5% per year since 2018. Its solvency ranks better than 27% of 3,861 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-12-2010 Normal situation
Registered office
25 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.200.472.912 1050 Elsene, since 01-07-2011
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Board
Shareholders

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€215,342
▼ 33.4%
Turnover
≈ €350,000
estimated
Loss
€62,252
Equity
€1.1m
▼ 5.5%
Total assets
€4.0m
▲ 1.1%
  • 2025 accounts filed 34 days after the deadline
Filed on 03-09-2026
Score breakdownraises 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 accounts latelowers riskSize: total assets €4.0mShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 37% of small companies in head offices and management consultancy (NACE 70)
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 within 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% (4,516 companies, NACE 70, small)
Last 24 months 12-2024: 0.3% 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 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.83 (0.82 in 2024), below 1. Short-term debt is 11.2% and cash 2.2% of total assets. 73.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 27% of them on solvency, 60% on liquidity, 41% on profitability and 19% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

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 the company's 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 accounts 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

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 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 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €90,381 in 2024 -€62,252 View
  • Caution: Lower net result than 86% of companies in head offices and management consultancysector median €53,936 · 3,860 companies -€62,252 View

Recent changes

  1. · Gazette deed Registered office moved to BruxellesResignations: Jean-Paul DE COSTER (director) and Levan DE COSTER (director) · Appointments: Nadège SEBLINE (née POUTREL), Cédric GEORGES-PICOT and Philippe RENAUX
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as EXCEL REAL ESTATE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.7m and €4.5m, founded between 2010 and 2011.

CompanyTotal assetsGross margin
EXCEL REAL ESTATE Brussel€4.0m€0.2m
WEBCYME Elsene€3.9m€0.2m
JEMI CONSULT Hasselt€4.3m€0.2m
RE-PRESENT Merchtem€4.5m€0.2m
SEVEN SEAS Brugge€4.3m€0.2m
TERMOFARMA Waasmunster€3.7m€0.2m
Via Excellentia Oud-Heverlee€4.1m€0.2m
Full comparison

Key facts about EXCEL REAL ESTATE

What is the company number of EXCEL REAL ESTATE?
The company number of EXCEL REAL ESTATE is 0831.864.773. The VAT number is the same 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?
The legal form of EXCEL REAL ESTATE is Public limited company (NV).
When was EXCEL REAL ESTATE founded?
EXCEL REAL ESTATE was 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?
EXCEL REAL ESTATE had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of EXCEL REAL ESTATE?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €215,342 and 94 comparable companies (NACE 70200). It probably lies between €280,000 and €450,000.
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?
EXCEL REAL ESTATE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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