EXCELLENT CARS VS

Active

Private limited companyfounded 20224 yrs activeDiepestraat 81, 2060 Antwerpen, BelgiumKBO/BCE: BE 0788.314.248

The computed 12-month bankruptcy probability of EXCELLENT CARS VS is 9.7% (elevated). The 2024 annual accounts show negative equity (€-7k) and a net result of €-32k. Its solvency ranks better than 7% of 9580 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

10 / 100

Critical

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency33

Growth-

Stability79

Bankruptcy probability, 12 months

9.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.45), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 2024

Solvency, return and age of the figures

Solvency

-20.1%

Return on assets

-92.6%

Age of the figures

30 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Filed more than 90 days late

The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 10-03-2025, 130 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2024

130 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€-7k

Total assets

€34k

Net result

€-32k

Working capital

€-23k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €34k

46.2%

53.8%

Fixed assets €16k

Current assets €19k

Key figures and ratios

2024 value

EBITDA

€-31k

Cash flow

€-31k

Solvency

-20.1%

Current ratio

0.45

Quick ratio

0.45

Debt / equity

-5.97

ROE

460.4%

ROA

-92.6%

Interest coverage

-79.18

Debt

€41k

Debt ≤ 1 year

€41k

Staff costs

€16

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€34k

Fixed assets21/28€16k

Intangible fixed assets21€2k

Tangible fixed assets22/27€14k

Plant, machinery and equipment23€11k

Other tangible fixed assets26€3k

Current assets29/58€19k

Amounts receivable within one year40/41€17k

Trade receivables40€17k

Cash at bank and in hand54/58€1k

Deferred charges and accrued income490/1€525

Equity and liabilities

Total equity and liabilities10/49€34k

Equity10/15€-7k

Contributions10/11€25k

Profit (loss) carried forward14€-32k

Amounts payable17/49€41k

Amounts payable within one year42/48€41k

Trade debts44€19k

Suppliers440/4€19k

Taxes, remuneration and social security45€308

Taxes450/3€308

Other amounts payable47/48€22k

Income statement Code2024

Remuneration, social security and pensions62€16

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€986

Other operating charges640/8€303

Gross operating margin9900€-30k

Operating profit (loss)9901€-32k

Financial charges65/66B€386

Recurring financial charges65€386

Profit (loss) for the period before taxes9903€-32k

Profit (loss) for the period9904€-32k

Profit (loss) for the period to be appropriated9905€-32k

Appropriation of the result

Profit (loss) to be appropriated9906€-32k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

10-03

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 130 days late

NBB filing

Directors · office · real estate

Directors

5 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, Antwerpen · 4 establishment units since 2025

establishment All 4 establishment units on the map

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.

Diepestraat 812060 Antwerpen

Ground area

2,518 m²

Building footprint

894 m²

Volume, LiDAR

5,325 m³

4 parcels, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.

4 establishment units

L&L

Diepestraat 81, 2060 AntwerpenRetail trade

since 20252.376.828.117

L&L

Oostendse Baan 2, 8470 GistelRetail trade

since 20262.385.067.672

Excellent Cars

Kauwlei 89, 2550 KontichRetail sale of motor vehicle parts and accessories

since 20262.391.160.361

Gistelse Dagbladwinkel

Oostendse Baan 6, 8470 GistelRetail sale of beverages, general range

since 20262.391.280.127

4 parcels

Flanders 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35005A0691/00P002	Flanders	808 m²	1 · 222 m²	9.2 m · 1 fl.
11805E0488/00B002	Flanders	727 m²	1 · 56 m²	14.1 m · 4 fl.
35005A0691/00R002	Flanders	501 m²	1 · 319 m²	6.5 m · 1 fl.
11602C0613/00V004	Flanders	482 m²	1 · 298 m²	11.6 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 3

4 of 4 parcels with an exact address match; the rest are indicative.

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

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 528 companies in sector 47530 we hold annual accounts for 320.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-07-2022

Fiscal year end31-03

Activities, NACEBEL

47530Retail trade

47524Retail trade

47621Retail sale of newspapers and periodicals

95313Repair and fitting of specific motor vehicle parts

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.