Turnover
≈ €64,000 estimated
The micro format states no turnover.
EXCELERATES
Lifetime
1 annual account with figurespeak €11,320 (2025)
€11,320
peak €8,365 (2025)
€8,365
peak €10,865 (2025)
€10,865
€15,841
Board1 name since 2025
1 directorDESMET Thomas Michel Sophia Peter Paul
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Incorporation 01-091 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
87
Excellent
Financially stronger than 64% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2026: 0.2%lowest value
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Liquidity: current ratio 1.60, cash €14,792
Figures for financial year 2025 (filed on 30-06-2026)
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 73, micro). It does better than 42% of them on solvency, 62% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as EXCELERATES has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of EXCELERATES itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for EXCELERATES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.6, above the usual 1.5. Short-term debt is 59.3% and cash 55.4% of total assets. However, 59.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
31 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DESMET Thomas Michel Sophia Peter Paul 100 sharesdeed of 01-09-2025
Recent changes
Registered office moved from Zandhoven to Antwerp
New registered office: Waterbaan 141 bus 301, 2100 Antwerpen · Previous registered office: De Bergen 36 1, 2240 Zandhoven, België · Board meeting of 11-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1026936129
Incorporation
Founding capital of €2,500, 100 shares · Founder: DESMET Thomas Michel Sophia Peter Paul · Appointment: DESMET Thomas Michel Sophia Peter Paul (director) · published on 01-09-2025 · Gazette deed
First establishment
Waterbaan 141, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EXCELERATES Antwerp | €26,705 | €11,320 | 40.7% | - |
| MY 3RD UNICORN Uccle | €24,228 | €10,019 | 36.4% | - |
| Gen Eleven Schoten | €18,541 | €7,523 | 44.9% | - |
| SIMPLE CREATIVE Ottignies-Louvain-la-Neuve | €25,713 | €13,296 | 33.9% | - |
| Zénia Management Héron | €23,602 | €11,786 | 23.7% | - |
| Emilia Power Rotselaar | €26,795 | €16,987 | 61.8% | - |
| Studio Capiche Buggenhout | €24,000 | €14,347 | 56.0% | - |
These companies have the same main activity as EXCELERATES: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €18,500 and €26,800, founded in 2025.
Official details
Source: KBO- Status
- Active since 28-08-2025Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.377.856.3172100 Antwerp, since 28-08-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 08-09-2025
Annual accounts 2025
- €26,705
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on EXCELERATES
EXCELERATES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,865 and a net result of €8,365.
Its solvency ranks better than 40% of 8,614 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EXCELERATES
- What is the company number of EXCELERATES?
- The company number of EXCELERATES is 1026.936.129. The VAT number is the same number with BE in front: BE 1026.936.129.
- Where is EXCELERATES based?
- The registered office is at Waterbaan 141, 2100 Antwerp.Company details
- What does EXCELERATES do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of EXCELERATES?
- EXCELERATES is a private limited company (BV).
- When was EXCELERATES founded?
- EXCELERATES was founded on 28-08-2025.
- Is EXCELERATES still active?
- Yes, EXCELERATES is an active enterprise in the KBO register.
- What is the turnover of EXCELERATES?
- The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €11,320 and 41 comparable companies (NACE 73110). It probably lies between €34,000 and €120,000. It is a rough estimate.Financials
- Is EXCELERATES profitable?
- In financial year 2025, EXCELERATES made a profit of €8,365.
- Where can I find the annual accounts of EXCELERATES?
- EXCELERATES filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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