EXCELSIOR CONSULTING
ActiveSummary
EXCELSIOR CONSULTING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.48M and a net result of €210k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+1
Solvency80▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 8.78 against 4.26 in 2023; short-term debt: 7% and cash: 1.4% of total assets), and 44.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.1%
Return on assets
7.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€210k▲ 11.0%
2023 · €189k
2022: €1.07M
2023: €189k
2022 → 2024
Working capital
€1.45M▲ 23.7%
2023 · €1.17M
2022: €968k
2023: €1.17M
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€1.08M-€1.27M▲ 17.6%€1.48M▲ 16.6%
Operating result€1.41M-€246k▼ 82.6%€285k▲ 15.8%
Net result€1.07M-€189k▼ 82.3%€210k▲ 11.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.68M
Fixed assets
€1.04M ▼ 0.2%
Current assets
€1.64M ▲ 6.9%
Equity and liabilities €2.68M
Equity
€1.48M ▲ 16.6%
Debt
€1.20M ▼ 8.1%
Debt's share of the balance-sheet total falls from 50.8% to 44.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€312k▲
2023 · €272k
Cash flow
€238k▲
2023 · €216k
Current ratio
8.78▲
2023 · 4.26
Quick ratio
8.55▲
2023 · 4.14
Debt to equity
0.81▼
2023 · 1.03
ROE
14.2%▼
2023 · 14.9%
ROA
7.8%▲
2023 · 7.4%
Interest coverage
8.96▼
2023 · 9.05
Debt ≤ 1 year
€187k▼
2023 · €360k
Debt > 1 year
€1.01M▲
2023 · €948k
Income taxes
€77k▲
2023 · €62k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.57M€2.68M▲
Fixed assets21/28€1.04M€1.04M▼
Tangible fixed assets22/27€1.04M€1.04M▼
Land and buildings22€878k€854k▼
Furniture and vehicles24€14k€12k▼
Assets under construction and advance payments27€148k€173k▲
Financial fixed assets28€156€156=
Current assets29/58€1.53M€1.64M▲
Amounts receivable after more than one year29€1.10M€1.35M▲
Other amounts receivable291€1.10M€1.35M▲
Stocks and contracts in progress3€43k€42k▼
Stocks30/36€43k€42k▼
Amounts receivable within one year40/41€4k€44k▲
Trade receivables40€2k€14k▲
Other amounts receivable41€2k€30k▲
Current investments50/53€167k€167k=
Cash at bank and in hand54/58€218k€39k▼
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.68M▲
Equity10/15€1.27M€1.48M▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€1.26M€1.47M▲
Amounts payable17/49€1.31M€1.20M▼
Amounts payable after more than one year17€948k€1.01M▲
Financial debts170/4€948k€1.01M▲
Amounts payable within one year42/48€360k€187k▼
Trade debts44€32k€48k▲
Suppliers440/4€32k€48k▲
Taxes, remuneration and social security45€325k€137k▼
Taxes450/3€325k€137k▼
Other amounts payable47/48€3k€3k▼
Accrued charges and deferred income492/3-€7k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€14k€9k▼
Gross operating margin9900€286k€321k▲
Operating profit (loss)9901€246k€285k▲
Financial income75/76B€35k€37k▲
Recurring financial income75€35k€37k▲
Financial charges65/66B€30k€35k▲
Recurring financial charges65€30k€35k▲
Profit (loss) for the period before taxes9903€251k€287k▲
Income taxes67/77€62k€77k▲
Profit (loss) for the period9904€189k€210k▲
Profit (loss) for the period to be appropriated9905€189k€210k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.26M€1.47M▲
Profit (loss) brought forward from the previous period14P€1.07M€1.26M▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 8.78
Current ratio from 4.26 to 8.78; short-term debt falls from €360k to €187k.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €189k ▼82.3%
Net result drops to €189k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2021
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.
Louis Hymansstraat 351050 ElseneGround area
184 m²
Building footprint
89 m²
Volume, LiDAR
1,270 m³
Parcel 21447B0313/00N016, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Louis Hymansstraat 35, 1050 Elsene
since 20212.322.286.502
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0313/00N016 | Brussels | 184 m² | 1 · 89 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AVALON & CO
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WILLEM VERHAEGHE
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INTELLIGENT STREET
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BUSINESS SOLUTIONS PARTNERS
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 23,523 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
Founded16-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.