EXCELLENCE CONSULTING
ActiveSummary
EXCELLENCE CONSULTING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.82M and a net result of €26.62M. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-14
Solvency72▼-27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity short (current ratio 0.11 against 3.33 in 2024; short-term debt: 53.5% and cash: 0.1% of total assets), and 53.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
46.5%
Return on assets
33.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2024
28 d late
2023
9 d late
2022
on the day
2021
on the day
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26.62M▲ 14,731%
2024 · €179k
2019: €-109k
2020: €-47k
2021: €14k
2022: €16k
2023: €567k
2024: €429k
2024: €179k
2019 → 2025
Working capital
€-37.56M
2024 · €3.50M
2019: €3.66M
2020: €3.34M
2021: €-631k
2022: €-326k
2023: €1.17M
2024: €3.37M
2024: €3.50M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Equity€9.03M-€9.60M▲ 6.3%€10.03M▲ 4.5%€10.21M▲ 1.8%€36.82M▲ 261%
Operating result€29k-€92k▲ 220%€211k▲ 129%€-21k€313k
Net result€16k-€567k▲ 3,470%€429k▼ 24.3%€179k▼ 58.2%€26.62M▲ 14,731%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79.19M
Fixed assets
€74.38M ▲ 749%
Current assets
€4.81M ▼ 3.8%
Equity and liabilities €79.19M
Equity
€36.82M ▲ 261%
Debt
€42.37M ▲ 1,094%
Debt's share of the balance-sheet total rises from 25.8% to 53.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€537k▲
2024 · €90k
Cash flow
€26.84M▲
2024 · €290k
Current ratio
0.11▼
2024 · 3.33
Debt to equity
1.15▲
2024 · 0.35
ROE
72.3%▲
2024 · 1.8%
ROA
33.6%▲
2024 · 1.3%
Interest coverage
0.66▼
2024 · 473.17
Debt ≤ 1 year
€42.37M▲
2024 · €1.50M
Debt > 1 year
€0▼
2024 · €2.05M
Income taxes
€36k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.76M€79.19M▲
Fixed assets21/28€8.76M€74.38M▲
Tangible fixed assets22/27€4.57M€4.48M▼
Land and buildings22€4.55M€4.46M▼
Plant, machinery and equipment23€1k€0▼
Furniture and vehicles24€19k€14k▼
Financial fixed assets28€4.19M€69.91M▲
Current assets29/58€5.00M€4.81M▼
Amounts receivable after more than one year29€1.07M€1.07M=
Other amounts receivable291€1.07M€1.07M=
Amounts receivable within one year40/41€773k€1.79M▲
Trade receivables40€105k€266k▲
Other amounts receivable41€668k€1.53M▲
Current investments50/53€2.16M€1.85M▼
Cash at bank and in hand54/58€994k€76k▼
Deferred charges and accrued income490/1€3k€28k▲
Equity and liabilities
Total equity and liabilities10/49€13.76M€79.19M▲
Equity10/15€10.21M€36.82M▲
Contributions10/11€2.40M€2.40M=
Capital10€2.40M€2.40M=
Issued capital100€2.40M€2.40M=
Reserves13€7.79M€7.91M▲
Non-distributable reserves130/1€115k€240k▲
Legal reserve130€115k€240k▲
Tax-exempt reserves132€10k€10k=
Distributable reserves133€7.66M€7.66M=
Profit (loss) carried forward14€18k€26.51M▲
Amounts payable17/49€3.55M€42.37M▲
Amounts payable after more than one year17€2.05M€0▼
Financial debts170/4€2.05M€0▼
Amounts payable within one year42/48€1.50M€42.37M▲
Trade debts44€36k€81k▲
Suppliers440/4€36k€81k▲
Taxes, remuneration and social security45€19k€38k▲
Taxes450/3€19k€35k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€1.44M€42.25M▲
Accrued charges and deferred income492/3-€232
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111k€225k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€9k€12k▲
Gross operating margin9900€99k€553k▲
Operating profit (loss)9901€-21k€313k▲
Financial income75/76B€217k€27.15M▲
Recurring financial income75€217k€20k▼
Non-recurring financial income76B-€27.13M
Financial charges65/66B€190€811k▲
Recurring financial charges65€190€811k▲
Profit (loss) for the period before taxes9903€196k€26.65M▲
Income taxes67/77€17k€36k▲
Profit (loss) for the period9904€179k€26.62M▲
Profit (loss) for the period to be appropriated9905€179k€26.62M▲
Appropriation of the result
Profit (loss) to be appropriated9906€197k€26.64M▲
Profit (loss) brought forward from the previous period14P€18k€18k▲
Transfer to equity691/2€179k€125k▼
To the legal reserve6920€15k€125k▲
To other reserves6921€164k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2019net €26.62M ▲14731%
Operating result €313k, net result €26.62M, both a record.
31-12
Financial
Equity above €25MEq €36.82M ▲261%
6 profitable years in a row build equity to €36.82M.
21-10
State Gazette act
General meeting · Name change
Statutes amendment · Director resignation
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Equity above €10MEq €10.03M ▲4.5%
4 profitable years in a row build equity to €10.03M.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Show earlier events
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Sint-Martens-Latem · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pontstraat 259831 Sint-Martens-LatemGround area
1.1 ha
Building footprint
310 m²
Volume, LiDAR
2,147 m³
Parcel 44015A0233/00W000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Excellence Consulting
since 20002.115.970.668
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0233/00W000 | Flanders | 1.1 ha | 1 · 310 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
894500FJ8E06J4YGZZ31
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 2,515 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-05-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:09 3860102
Fax:09 3819279