Turnover
≈ €64,000 estimated
The micro format states no turnover.
EXCELERATES
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
- €11,320
- €8,365
- €10,865
- €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.
Financials
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadline€11,320
€11,191
€8,365
€9,542
40.7%
1.60
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €64,000. Estimated: probably between €34,000 and €120,000.
Balance sheet
balance sheet total €26,705 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
40.7%
Higher than 40% of 8,614 companies in 2025.
1.60
Higher than 41% of 8,290 companies in 2025.
31.3%
Higher than 78% of 8,399 companies in 2025.
EXCELERATES
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
26,705 | |
21/28 |
1,323 | |
22/27 |
1,323 | |
24 |
1,323 | |
29/58 |
25,383 | |
40/41 |
10,591 | |
40 |
8,987 | |
41 |
1,603 | |
54/58 |
14,792 | |
| Balance sheet: equity and liabilities | ||
10/49 |
26,705 | |
10/15 |
10,865 | |
10/11 |
2,500 | |
13 |
8,365 | |
133 |
8,365 | |
17/49 |
15,841 | |
42/48 |
15,841 | |
44 |
4,501 | |
440/4 |
4,501 | |
45 |
6,939 | |
450/3 |
6,939 | |
47/48 |
4,400 | |
| Income statement | ||
9900 |
11,320 | |
630 |
79 | |
640/8 |
50 | |
9901 |
11,191 | |
65/66B |
429 | |
65 |
429 | |
9903 |
10,762 | |
67/77 |
2,397 | |
9904 |
8,365 | |
9905 |
8,365 | |
| Appropriation of the result | ||
9906 |
8,365 | |
691/2 |
8,365 | |
6921 |
8,365 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00260441 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 11,270 | ||
| 8,444 | ||
| 1,402 | ||
| 9,542 | ||
| 40.7% | ||
| 1.60 | ||
| 1.46 | ||
| 77.0% | ||
| 31.3% | ||
| 26.27 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,402 |
| €79 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on EXCELERATES
Debt's share of the balance-sheet total is 59.3%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
current term since 28-08-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 01-09-2025
Mandates through the years
1 name, the dashed line is todayDESMET Thomas Michel Sophia Peter Paul
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DESMET Thomas Michel Sophia Peter Paul
- Director (not named in the articles), appointed by deed of 01-09-2025, still in office
Control
This company
EXCELERATES
Equity €10,865
Profit €8,365 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €109 in 2025
- Source
- deed of 01-09-2025
Articles of association
deed of 01-09-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 01-09-2025 ↗
- DESMET Thomas Michel Sophia Peter Paul 100 shares (100%) · €2,500 in cash
Network & group
No group
EXCELERATES has no parent and no holdings in its annual accounts. DESMET Thomas Michel Sophia Peter Paul is the only director. EXCELERATES shares no director with another company.
At the same address
Waterbaan 141, 2100 Antwerp · 2 other companies| L-Craft
registered office since 12-09-2024 · founded in 2024 |
total assets €124,584 (2025) 1013.497.966 |
| Vereniging van Mede-eigenaars van de Residentie Waterfront te Antwerpen-Deurne, Waterbaan 141-143
registered office since 12-09-2018 |
founded in 2018 0711.699.094 |
Timeline
Timeline
5 events since 2025Filings
Establishments
Address
20252026
2026
Registered office moved from Zandhoven to AntwerpNew registered office: Waterbaan 141 bus 301, 2100 Antwerpen · Previous registered office: De Bergen 36 1, 2240 Zandhoven, België · Board meeting of 11-08-20262 points ▸
- Board meeting, 11-08-2026
- Registered-office move, Waterbaan 141 bus 301, 2100 Antwerpen
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1026936129
IncorporationFounding capital of €2,500, 100 shares · Founder: DESMET Thomas Michel Sophia Peter Paul · Appointment: DESMET Thomas Michel Sophia Peter Paul (director) · published on 01-09-20254 points ▸
- Founder, DESMET Thomas Michel Sophia Peter Paul
- Founding capital, €2,500, 100 shares
- Registered office clause, De Bergen 36/1, 2240 Zandhoven
- Director appointment, DESMET Thomas Michel Sophia Peter Paul (director (not named in the articles))
- The deed holds 4 more points.
First establishment Waterbaan 141, Antwerp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
EXCELERATES was incorporated on 28 August 2025 as a private limited company by one natural person, with a starting capital of €2,500.12 The registered office was moved to Antwerp in 2026.3 Since 2025, DESMET Thomas Michel Sophia Peter Paul has served as director.4
Company details
Identity
- Enterprise number
- 1026.936.129
- VAT number
- BE 1026.936.129
- Peppol ID
- 0208:1026936129
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 28-08-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 01-09-2025 (in Dutch)
- Peppol
- Reachable since 08-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EXCELERATES in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 01-09-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 01-09-2025 (in Dutch)
Activities
NACEBEL 202573110
Advertising agencies main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het voeren van digitale marketing en activiteiten van reclamebureaus; Het ontwerpen, plannen en uitvoeren van reclame- en promotiecampagnes…”deed of 01-09-2025 (in Dutch)
18 activities
- Het voeren van digitale marketing en activiteiten van reclamebureaus
- Het ontwerpen, plannen en uitvoeren van reclame- en promotiecampagnes via diverse media voor derden
- Het ontwikkelen van direct marketingstrategieën die gericht zijn op rechtstreekse benadering van de consument
- Het beheer van sociale media voor derden, waaronder het creëren en beheren van content, community management, advertising, analyse van prestaties en het opzetten van engagementstrategieën
- Het verstrekken van advies en ondersteuning aan ondernemingen, overheden en andere organisaties op het vlak van bedrijfsbeheer, organisatie, planning, efficiëntieverbetering, strategisch marketingadvies, digitale transformatie en procesoptimalisatie
- Het ontwikkelen, beheren en exploiteren van digitale platformen en webportalen, met inbegrip van online marketingtools, dashboards en andere digitale diensten die bijdragen aan de zichtbaarheid en efficiëntie van ondernemingen
- Het ontwikkelen, verkopen, verdelen, online plaatsen van software, apps en software as a service
- Het commercialiseren, uitwerken en organiseren van diverse evenementen en activiteiten, alsook workshops, opleidingen en alle daarbij horende randactiviteiten
- Dit behelst waar nodig en/of nuttig de aankoop, verkoop, verhuur, onderverhuur, leasing, renting, ontwerp, productie, handel, groothandel, herstelling, levering, plaatsing, montage, demontage, integratie, ontmanteling, vervoer, invoer, uitvoer, export, al dan niet in hoofdaanneming en/of onderaanneming en/of als tussenpersoon (opsomming ten exemplatieve en niet-limitatieve titel) van de voormelde activiteiten, diensten en goederen en van alle activiteiten, diensten en goederen die de vennootschap hiervoor nuttig en/of nodig acht
- Het verrichten, in het algemeen, van alle roerende, onroerende, commerciële, industriële, financiële, handelingen die in rechtstreeks of onrechtstreeks verband staan met de rest van het maatschappelijk voorwerp, of die van aard zijn, zouden zijn of zouden kunnen zijn om de verwezenlijking van het voorwerp geheel of gedeeltelijk te vergemakkelijken en bevorderen
- Het verrichten van alle vormen van handelsbemiddeling, het optreden als agent en als zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten. De aan- en verkoop evenals de in- en uitvoer van om het even welke goederen evenals het optreden als tussenpersoon bij voormelde verrichtingen
- Het verlenen van diensten en adviezen aan derden. Het optreden als consultant en diensten verlenen inzake commercieel, strategisch, financieel en administratief management, inzake technisch management en diverse technische aangelegenheden, inzake informatica en automatisering, inzake integrale kwaliteitszorg en divers zorg-, kwaliteits- en veiligheidssystemen, inzake productmanagement, design en vormgeving, inzake PR, publiciteit en marketing, inzake de administratieve organisatie en de implementatie van bedrijfsprocessen
- Het ontwikkelen, kopen, verkopen, beheren, in waarde stellen, in licentie nemen of geven van licenties, brevetten, octrooien, knowhow en andere intellectuele rechten
- Het organiseren en/of geven van seminaries, opleidingen en presentaties. Het schrijven, verzorgen, begeleiden en uitgeven van literaire werken en bijdragen, handboeken van diverse bijdragen in diverse vormen
- Het waarnemen van opdrachten als bestuurder of vereffenaar in andere vennootschappen. Het optreden als managementvennootschap, het beheren van vennootschappen, het optreden als holding, het verrichten van alle managementactiviteiten van holdings: het deelnemen, onder gelijk welke vorm, aan de oprichting, uitbreiding, omzetting, fusie, opslorping, het bestuur en controle van ondernemingen. Het nemen van belangen, hetzij door deelneming, inbreng of elke andere wijze in alle vennootschappen, ondernemingen of groeperingen, bestaande of op te richten, zowel in België als in het buitenland, die een aanvullend of soortgelijk voorwerp nastreven, of van die aard zijn de ontwikkeling van haar onderneming te bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik, recht van opstal, erfpacht, …), zoals de huurfinanciering van onroerend goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, het ontwerpen en opvolgen van projecten, en het maken van studies met betrekking tot immobiliën; de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen; alsmede zich borg stellen voor het goede verloop van verbintenissen, door derde personen aangegaan, die het genot zouden hebben van voormelde roerende en onroerende goederen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop, het beheren van aandelen, aandelenopties, obligaties, kasbons, afgeleide producten of andere roerende waarden, van welke vorm ook, uitgegeven door Belgische of buitenlandse emittenten
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, in eender welke vorm; het zich borg stellen of aval verlenen, in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen. Het aangaan van leningen of schulden bij derden (met inbegrip van haar vennoten en haar zaakvoerders) en het maken van alle kosten en doen van alle investeringen die zij nodig of wenselijk acht. Het zich borg stellen en/of het verlenen van zakelijke en/of persoonlijke zekerheden tot waarborg van eigen verbintenissen of tot waarborg van verbintenissen van derden, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Waterbaan 141 registered office 2100 Antwerp | 28-08-2025 | 2.377.856.317 |
Buildings and parcels at the address
- Ground area
- 330 m²
- Buildings
- 259 m²
- Volume, LiDAR
- 2,619 m³
- Tallest building
- 14.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11346B0472/00T017 | 329 m² | 1 · 259 m² | 14.1 m · 4 |