EXCELLENCE TAXI - LIMOUSINE
ActiveSummary
The computed 12-month bankruptcy probability of EXCELLENCE TAXI - LIMOUSINE is 1.9% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-6k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 4603 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-41
Solvency44▼-51
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.31 against 1.19 in 2024; short-term debt: 62.8% and cash: 1.7% of total assets), and 80.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.1%
Return on assets
-7.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
44 d late
2023
19 d late
2022
30 d late
2021
23 d late
2020
54 d late
2019
87 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, micro schema
Turnover
€4k▲ 31.2%
2020 · €3k
2018: €7k
2019: €7k
2020: €3k
2018 → 2021
EBIT margin
-25.7%▼ 77.7pp
2020 · 52.0%
2018: -58.4%
2019: 25.0%
2020: 52.0%
2018 → 2021
Net result
€-6k
2024 · €9k
2018: €-4k
2019: €2k
2020: €1k
2021: €-711
2022: €4k
2023: €3k
2024: €9k
2018 → 2025
Working capital
€-33k
2024 · €2k
2018: €-6k
2019: €-5k
2023: €-15k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4k-
Equity€4k-€8k▲ 80.6%€11k▲ 39.8%€21k▲ 84.4%€15k▼ 29.2%
Operating result€-939-€3k€3k▼ 4.4%€9k▲ 198%€-6k
Net result€-711-€4k€3k▼ 10.8%€9k▲ 196%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€61k ▲ 225%
Current assets
€15k ▲ 41.5%
Equity and liabilities €76k
Equity
€15k ▼ 29.2%
Debt
€62k ▲ 597%
Debt's share of the balance-sheet total rises from 30.1% to 80.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €17k
Cash flow
€18k▲
2024 · €17k
Current ratio
0.31▼
2024 · 1.19
Debt to equity
4.23▲
2024 · 0.43
ROE
-41.2%▼
2024 · 45.8%
ROA
-7.9%▼
2024 · 32.0%
Interest coverage
402.29▲
2024 · 287.62
Debt ≤ 1 year
€48k▲
2024 · €9k
Debt > 1 year
€14k
Staff costs
€2k▼
2024 · €6k
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 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29k€76k▲
Fixed assets21/28€19k€61k▲
Tangible fixed assets22/27€19k€61k▲
Furniture and vehicles24€19k€61k▲
Current assets29/58€11k€15k▲
Amounts receivable within one year40/41€9k€14k▲
Trade receivables40-€2k
Other amounts receivable41€9k€12k▲
Cash at bank and in hand54/58€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€29k€76k▲
Equity10/15€21k€15k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€2k€-4k▼
Amounts payable17/49€9k€62k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€9k€48k▲
Current portion of amounts payable after more than one year42-€9k
Other amounts payable47/48€9k€39k▲
Income statement
Code20242025
Remuneration, social security and pensions62€6k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€24k▲
Other operating charges640/8-€681
Gross operating margin9900€23k€21k▼
Operating profit (loss)9901€9k€-6k▼
Financial charges65/66B€58€45▼
Recurring financial charges65€58€45▼
Profit (loss) for the period before taxes9903€9k€-6k▼
Profit (loss) for the period9904€9k€-6k▼
Profit (loss) for the period to be appropriated9905€9k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-4k▼
Profit (loss) brought forward from the previous period14P€-7k€2k▲
The notes to these accounts (6 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-6k ▼164%
Net result drops to €-6k, the lowest in the series.
13-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 44 days late
2024
31-12
Financial
Highest result since 2018net €9k ▲196%
Operating result €9k, net result €9k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.19
Current ratio from 0.39 to 1.19; short-term debt falls from €24k to €9k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
Show earlier events
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 135 days late
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 360 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 281 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Ganshoren · 1 establishment unit since 1994
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.
Maria van Hongarijelaan 581083 GanshorenGround area
982 m²
Building footprint
465 m²
Volume, LiDAR
6,205 m³
2 parcels, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FAROUK - TAX
since 19942.069.530.038
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0079/00T003 | Brussels | 797 m² | 1 · 293 m² | 18.7 m · 5 fl. |
| 21464D0176/00F031 | Brussels | 185 m² | 1 · 172 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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Of 6,686 companies in sector 49330 we hold annual accounts for 2,295. 1,981 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 formPrivate limited company
Founded21-09-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.