Equity
€8,053 from €105,306 in 2024
Equity fell by 92% in 1 year.
Excelling
Lifetime
8 annual accounts with figures on one time axispeak €58,995 (2025)
€58,995▲ 177%
lowest -€10,788 (2022)
€43,053▲ 270%
peak €105,306 (2024)
€8,053▼ 92.4%
€136,431▲ 258%
Board1 name since 2017
1 directorLAVENS Bram
Documentsfilings and deeds
09-04-202621 days before the deadline
2025micro format
Gross margin from €21,265 to €58,995Result from €11,623 to €43,053Registered office moved from Drongen-Antoon Catriestraat to B… 05-08Dividend €140,306Equity from €105,306 to €8,053Debts from €38,151 to €136,431
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Debts
€136,431 94% of the balance sheet
Suppliers 1%Taxes and wages 22%Other 77%
Of this, €136,016 falls due within a year.
Liquidity
1.03 was 3.67 in 2024
Short-term debts rose from €38,080 to €136,016.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 0 to 21 days before the end of the period.
Position in the sector
5.6%
Lower solvency than 87% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.
Checked score
52
Fair
Financially stronger than 27% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.4%▲ +0.3 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 2.1%▲ +1.5 percentage points vs 07-2026highest value
09-2026: 2.1%● unchanged vs 08-2026highest value
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
2 changes of registered office in 24 months
Equity €8,053 (5.6% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €144,484
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 14% of them on solvency, 4% on liquidity, 84% on profitability and 5% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Excelling has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of Excelling itself is higher: 2.1% within 12 months. It rests on far more data about Excelling than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for Excelling. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
21 days early
2024
on the day
2023
4 days early
2022
10 days early
2021
3 days early
2020
1 day early
2019
10 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved from Brugge - Kleine Hoedenmakersstraat to Ghent
New registered office: Kouter 7A/101 te 9000 Gent · Previous registered office: 8000 Brugge - Kleine Hoedenmakersstraat 4 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0677868365
Registered office moved from Drongen-Antoon Catriestraat to Bruges
New registered office: Kleine Hoedenmakersstraat 4 te 8000 Brugge · Previous registered office: 9031 Drongen-Antoon Catriestraat 1B · Board meeting of 16-06-2025 · Gazette deed
Registered office moved from Melle to Drongen
New registered office: Antoon Catriestraat 1B, 9031 Drongen · Previous registered office: Kapellendries 35, 9090 Melle · Board meeting of 03-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Excelling: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €124,000 and €158,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 04-07-2017Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2024
- Establishment unit
- 2.266.586.8259000 Ghent, since 04-07-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 03-02-2026
Annual accounts to 30-09-2025
- €144,484▲ 0.7%
- Filing
- Filed on 09-04-2026, 21 days before the end of the filing period
Insights on Excelling
Excelling files the micro format. That format states no turnover. The gross margin rose from €21,821 in 2018 to €58,995 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Excelling
- What is the company number of Excelling?
- The company number of Excelling is 0677.868.365. The VAT number is the same number with BE in front: BE 0677.868.365.
- Where is Excelling based?
- The registered office is at Kouter 7, 9000 Ghent.Company details
- What does Excelling do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Excelling?
- Excelling is a private limited company (BV).
- When was Excelling founded?
- Excelling was founded on 04-07-2017.
- Is Excelling still active?
- Yes, Excelling is an active enterprise in the KBO register.
- How many employees does Excelling have?
- Excelling had an average of 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does Excelling fall under?
- In its 30-09-2024 annual accounts, Excelling states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Excelling?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €58,995 and 120 comparable companies (NACE 70200). It probably lies between €91,000 and €150,000.
- Is Excelling profitable?
- In financial year 2025, Excelling made a profit of €43,053.
- Where can I find the annual accounts of Excelling?
- Excelling filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Excelling due?
- Excelling must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.