EXCELLENT
ActiveSummary
EXCELLENT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-98k) and a net result of €-6k. Equity is shrinking by ~19% per year across the filed fiscal years. Its solvency ranks better than 5% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2025Age of the figures
Age of the figures
15 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-98k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
28 d late
2023
on the day
2022
594 d late
2021
on the day
2020
40 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-98k▼ 6.3%
2024 · €-92k
2019: €-22k
2020: €-34k
2021: €-41k
2022: €-67k
2023: €-79k
2024: €-92k
2019 → 2025
Total assets
€4k▲ 6.3%
2024 · €4k
2019: €110k
2020: €74k
2021: €55k
2022: €30k
2023: €9k
2024: €4k
2019 → 2025
Net result
€-6k▲ 54.4%
2024 · €-13k
2019: €-4k
2020: €-12k
2021: €-7k
2022: €-26k
2023: €-12k
2024: €-13k
2019 → 2025
Working capital
€-100k▼ 4.8%
2024 · €-96k
2019: €-100k
2020: €-93k
2021: €-81k
2022: €-90k
2023: €-84k
2024: €-96k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€-67k▼ 62.9%€-79k▼ 18.1%€-92k▼ 16.0%€-98k▼ 6.3%
Operating result€-6k-€-26k▼ 324%€-12k▲ 54.1%€-13k▼ 7.2%€-6k▲ 54.8%
Net result€-7k-€-26k▼ 256%€-12k▲ 53.0%€-13k▼ 4.0%€-6k▲ 54.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4k
Fixed assets
€3k ▼ 29.8%
Current assets
€2k ▲ 670%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-12k
Cash flow
€-5k▲
2024 · €-12k
Interest coverage
-61.97▲
2024 · -170.38
Debt
€102k▲
2024 · €96k
Debt ≤ 1 year
€102k▲
2024 · €96k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4k€4k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€0-
Current assets29/58€206€2k▲
Amounts receivable within one year40/41€0€1k▲
Trade receivables40-€66
Other amounts receivable41€0€1k▲
Cash at bank and in hand54/58€206€112▼
Equity and liabilities
Total equity and liabilities10/49€4k€4k▲
Equity10/15€-92k€-98k▼
Contributions10/11€115k€115k=
Profit (loss) carried forward14€-207k€-213k▼
Amounts payable17/49€96k€102k▲
Amounts payable within one year42/48€96k€102k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€88k€99k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549€1k▲
Other operating charges640/8€5k€600▼
Gross operating margin9900€-7k€-4k▲
Operating profit (loss)9901€-13k€-6k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€71€74▲
Recurring financial charges65€71€74▲
Profit (loss) for the period before taxes9903€-13k€-6k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-13k€-6k▲
Profit (loss) for the period to be appropriated9905€-13k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-207k€-213k▼
Profit (loss) brought forward from the previous period14P€-194k€-207k▼
The notes to these accounts (5 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
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 594 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 1990
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.
Belliardstraat 2011040 BrusselGround area
426 m²
Building footprint
101 m²
2 parcels, Brussels, Flanders. Linked by address, not a title deed.
1 establishment unit
EXCELLENT CV
since 19902.047.564.684
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0178/00P002 | Flanders | 341 m² | 1 · 101 m² | - |
| 21806F0471/02M000 | Brussels | 85 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,543 EUR awarded · 1,543 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,543 EUR | 1,543 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-1990
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.