Active BE 0876.693.423Private limited companyOpen bankruptcy

EXCELLENT BOUWEN

· 20 yrs active

Sector: Stukadoorswerk (43310)

Conclusion Checked

A bankruptcy procedure is open for EXCELLENT BOUWEN according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €86k and a net result of €3k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€86k
Net result	€3k
Better than sector	36%
Active	20 yrs

Financial profile 5 of 5 axes measured · computed by Checked

30 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 3

Profitability 18

Solvency 52

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

3 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 02-04-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	27.8%	38.6%	better than 36% of 9179 sector peers
Net result	€3k	€12k	better than 30% of 9164 sector peers
Equity	€86k	€30k	better than 82% of 9186 sector peers
Gross operating margin	€47k	€33k	better than 61% of 9153 sector peers
Staff costs	€41k	€26k	higher than 59% of 3379 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€3k

-69.4% 18-23

Total assets

€308k

-12.8% 18-23

Equity

€86k

+3.7% 18-23

Working capital

€86k

-4.2% 18-23

Employees (FTE)

1

0.0% 18-23

Staff costs

€41k

-40.4% 18-23

Income taxes

€2k

-57.3% 18-23

Debt

€223k

-17.8% 18-23

Show 7 other metrics

Debt ≤ 1y

€223k

-15.7% 18-23

Current ratio

1.39

+3.4% 18-23

Quick ratio

1.05

-21.7% 18-23

Solvency

27.8%

+18.9% 18-23

Debt / equity

2.59

-20.7% 18-23

ROE

3.6%

-70.5% 18-23

ROA

1.0%

-64.9% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€3k
Cash flow	-
Staff costs	€41k
Income taxes	€2k
Dividends	-
Total assets	€308k
Equity	€86k
Debt	€223k
of which ≤ 1y	€223k
of which > 1y	-
Working capital	€86k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	1.39
Quick ratio	1.05
Working capital ratio	27.8%
Solvency	27.8%
Debt / equity	2.59
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	1.0%
ROE	3.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Equity & liabilities

Equity €86k · 27.8% Debt €223k · 72.2%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€308k
Current assets	29/58	€308k
Stocks & contracts in progress	3	€75k
Amounts receivable within one year	40/41	€211k
Cash & bank	54/58	€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€308k
Equity	10/15	€86k
Contributions / capital	10/11	€19k
Reserves	13	€66k
Amounts payable	17/49	€223k
Amounts payable within one year	42/48	€223k
Trade debts payable within one year	44	€91k
Income statement
Gross operating margin	9900	€47k
Operating result	9901	€5k
Financial income	75	€1
Financial charges	65	€817
Result before taxes	9903	€5k
Income taxes	67/77	€2k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	TOM ARTS JAARBEURSLAAN 19/31, 3600 GENK-	13-02-2025 → present	Belgian State Gazette
Curator	GEERT RENIERS JAARBEURSLAAN 19/31, 3600 GENK	13-02-2025 → present	Belgian State Gazette
Curator	ILONA LO GIUDICE JAAR- BEURSLAAN 19/31, 3600 GENK	13-02-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Stukadoorswerk(43310)
Legal form	Private limited company(610)
Incorporation	14-10-2005
Status	Active
Postal code	-
First BS signal	20-02-2025
Latest BS signal	20-02-2025

Establishment units 1 location

Mazelhof

de exploitatie van visvijvers, paardenrenbanen en manèges

since 20052.149.445.665

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71065A0908/00F000	Flanders	2,338 m²	1 · 630 m²	5.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

20-02-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · EXCELLENT BOUWEN BV VLINDERSTRAAT 12, 3550 HEUSDEN-ZOLDER · event 13-02-2025

2024

02-04-2024