EXCELIS
ActiveSummary
EXCELIS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,729 and a net result of €124,778. Equity is growing by ~125.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency37=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.07 in 2024; short-term debt: 88.3% and cash: 7.1% of total assets), and 88.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.7%
Return on assets
43.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
12 d early
2023
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€33,729▲ 78.0%
2024 · €18,951
Total assets
€288,160▲ 78.0%
2024 · €161,929
Net result
€124,778▲ 10.5%
2024 · €112,937
Working capital
€16,183▲ 74.1%
2024 · €9,297
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€15,964-€117,247€129,238▲ 10.2%
Net result-€15,986below the sector's middle half-€112,937above the sector's middle half€124,778above the sector's middle half▲ 10.5%
Equity-€13,986below the sector's middle half-€18,951below the sector's middle half€33,729within the sector's middle half▲ 78.0%
Total assets€19,226below the sector's middle half-€161,929within the sector's middle half▲ 742%€288,160within the sector's middle half▲ 78.0%
Debt€33,212-€142,978▲ 331%€254,431▲ 78.0%
Working capital-€13,986-€9,297€16,183▲ 74.1%
Solvency-72.7%below the sector's middle half-11.7%below the sector's middle half▲ 84.4pp11.7%below the sector's middle half=
Staff (FTE)0.6
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288,160
Fixed assets
€17,546 ▲ 76.4%
Current assets
€270,614 ▲ 78.1%
Equity and liabilities €288,160
Equity
€33,729 ▲ 78.0%
Debt
€254,431 ▲ 78.0%
Debt's share of the balance-sheet total stays at 88.3%.
Key figures and ratios
EBITDA
€132,735▲
2024 · €117,302
Cash flow
€128,275▲
2024 · €112,992
Current ratio
1.06▼
2024 · 1.07
Debt to equity
7.54=
2024 · 7.54
ROE
369.9%▼
2024 · 595.9%
ROA
43.3%▼
2024 · 69.7%
Interest coverage
584.74▼
2024 · 1675.74
Debt ≤ 1 year
€254,431▲
2024 · €142,687
Income taxes
€4,236▼
2024 · €4,438
Staff costs
€19,993
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.1%
went bankrupt
1.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €19,993 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €55 | €3,497 | ▲ 6,258% |
| Other operating charges640/8 | €471 | €1,765 | €2,443 | ▲ 38.4% |
| Gross operating margin9900 | -€15,493 | €119,067 | €155,171 | ▲ 30.3% |
| Operating profit (loss)9901 | -€15,964 | €117,247 | €129,238 | ▲ 10.2% |
| Financial income75/76B | - | €198 | €3 | ▼ 98.5% |
| Recurring financial income75 | - | €198 | €3 | ▼ 98.5% |
| Financial charges65/66B | €22 | €70 | €227 | ▲ 224% |
| Recurring financial charges65 | €22 | €70 | €227 | ▲ 224% |
| Profit (loss) for the period before taxes9903 | -€15,986 | €117,375 | €129,014 | ▲ 9.9% |
| Income taxes67/77 | - | €4,438 | €4,236 | ▼ 4.6% |
| Profit (loss) for the period9904 | -€15,986 | €112,937 | €124,778 | ▲ 10.5% |
| Profit (loss) for the period to be appropriated9905 | -€15,986 | €112,937 | €124,778 | ▲ 10.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €19,226 | €161,929 | €288,160 | ▲ 78.0% |
| Fixed assets21/28 | - | €9,945 | €17,546 | ▲ 76.4% |
| Intangible fixed assets21 | - | €9,945 | €6,612 | ▼ 33.5% |
| Tangible fixed assets22/27 | - | - | €4,388 | - |
| Furniture and vehicles24 | - | - | €4,388 | - |
| Financial fixed assets28 | - | - | €6,546 | - |
| Current assets29/58 | €19,226 | €151,984 | €270,614 | ▲ 78.1% |
| Amounts receivable within one year40/41 | €12,920 | €133,534 | €248,636 | ▲ 86.2% |
| Trade receivables40 | €10,155 | €133,534 | €248,636 | ▲ 86.2% |
| Other amounts receivable41 | €2,765 | - | - | - |
| Cash at bank and in hand54/58 | €6,151 | €18,158 | €20,592 | ▲ 13.4% |
| Deferred charges and accrued income490/1 | €155 | €292 | €1,386 | ▲ 375% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €19,226 | €161,929 | €288,160 | ▲ 78.0% |
| Equity10/15 | -€13,986 | €18,951 | €33,729 | ▲ 78.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€15,986 | €16,951 | €31,729 | ▲ 87.2% |
| Amounts payable17/49 | €33,212 | €142,978 | €254,431 | ▲ 78.0% |
| Amounts payable within one year42/48 | €33,212 | €142,687 | €254,431 | ▲ 78.3% |
| Trade debts44 | €33,081 | €50,786 | €128,967 | ▲ 154% |
| Suppliers440/4 | €33,081 | €48,661 | €128,967 | ▲ 165% |
| Bills of exchange payable441 | - | €2,125 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €13,724 | €15,464 | ▲ 12.7% |
| Taxes450/3 | - | €13,724 | €11,979 | ▼ 12.7% |
| Remuneration and social security454/9 | - | - | €3,485 | - |
| Other amounts payable47/48 | €131 | €78,177 | €110,000 | ▲ 40.7% |
| Accrued charges and deferred income492/3 | - | €291 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,986 | €112,937 | €124,778 | ▲ 10.5% |
| + Depreciation and write-downs630 | - | €55 | €3,497 | ▲ 6,258% |
| Operating cash flow (approximation) | -€15,986 | €112,992 | €128,275 | ▲ 13.5% |
| Investment in fixed assets (approximation) | - | - | -€11,098 | - |
| Change in cash | - | €12,007 | €2,434 | ▼ 79.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
State Gazette act
Power of attorney · Declaration
Other statement · Incorporation
14-08
State Gazette act
Declaration · Other statement
Incorporation · Founding capital
13-08
State Gazette act
Founder · Power of attorney
Other statement · Incorporation
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose · Sophie MAQUET
2025
30-09
Financial
Highest result since 2023net €124,778 ▲10.5%
Operating result €129,238, net result €124,778, both a record.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €112,937
Net result €112,937 after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2022
Ground area
1,138 m²
Building footprint
109 m²
Volume, LiDAR
498 m³
2 parcels, Brussels · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
EXCELIS
since 20222.333.180.095
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0621/00V000 | Brussels | 1,054 m² | 1 · 68 m² | 5.4 m · 1 fl. |
| 21652E0615/00K000 | Brussels | 84 m² | 1 · 41 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Brand Vibes
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 35,356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-06-2022
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy
69101Activities of lawyers
69109Other legal services
Contact
Phone
0474435368
E-invoicing
Reachable via Peppol
Peppol ID
0208:0787890319
Also
9925:BE0787890319
Registered
14-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.