Checked.be · Company dossierhttps://checked.be/en/c/excellence-groupe-0645790960 · as of 16-10-2026
EXCELLENCE GROUPE
Active
Private limited company (pre-2019) · founded 2016 · active for 10 yearsGrand'Route(G-R) 173, 7530 Tournai, BelgiumKBO/BCE: BE 0645.790.960
Summary
The computed 12-month bankruptcy probability of EXCELLENCE GROUPE is 11.9% (high). The 2020 annual accounts show negative equity (-€5,740) and a net result of -€1,665. The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2020 (filed 02-11-2021)3 financial years not filed after the legal deadline; latest accounts 89 days late; 3 of the last 3 lateNo main activity registeredNo filing in 24 months (latest 02-11-2021)neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0
equity -302086.3% of total assets
Liquidity50
short-term debt 302186.3% · cash 100.0%
Profitability0
return on assets -87628.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
11.9%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 12.7%highest value12-2024: 12.7%● unchanged vs 11-2024highest value01-2025: 12.7%● unchanged vs 12-2024highest value02-2025: 12.7%● unchanged vs 01-2025highest value03-2025: 12.7%● unchanged vs 02-2025highest value04-2025: 12.7%● unchanged vs 03-2025highest value05-2025: 12.7%● unchanged vs 04-2025highest value06-2025: 12.7%● unchanged vs 05-2025highest value07-2025: 12.7%● unchanged vs 06-2025highest value08-2025: 12.7%● unchanged vs 07-202509-2025: 12.7%● unchanged vs 08-202510-2025: 12.7%● unchanged vs 09-202511-2025: 12.7%● unchanged vs 10-202512-2025: 12.7%● unchanged vs 11-202501-2026: 12.7%● unchanged vs 12-202502-2026: 12.5%▼ -0.2 percentage points vs 01-202603-2026: 12.5%● unchanged vs 02-202604-2026: 12.5%● unchanged vs 03-202605-2026: 12.5%● unchanged vs 04-202606-2026: 12.5%● unchanged vs 05-202607-2026: 12.5%● unchanged vs 06-202608-2026: 11.9%▼ -0.6 percentage points vs 07-2026lowest value09-2026: 11.9%● unchanged vs 08-2026lowest value10-2026: 11.9%● unchanged vs 09-2026lowest value
31-12-2021 year end31-07-2022 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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.
This company filed its last 2 accounts on average 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · full…
Annual accounts filedfinancial year 2017 · full…
Annual accounts filedfinancial year 2016 · full…
Key points
Risk: Accounts not fileddeadline was 31-07-20221538 days lateView
Risk: Negative equityfinancial year 2020: debts exceed assets-€5,740View