EXCELSIOR DML
ActiveSummary
The computed 12-month bankruptcy probability of EXCELSIOR DML is 3.6% (moderate). The 2024 annual accounts show negative equity (€-6k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1221 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-97
Solvency3▼-39
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.9 in 2023; short-term debt: 81.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
-22.2%
Return on assets
-41.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-6k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
33 d early
2022
55 d early
2021
73 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€82k
EBIT margin
-11.3%
Net result
€-11k
2023 · €6k
Working capital
€-12k▼ 1,289%
2023 · €-897
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€82k-
Operating result€-9k-€7k€9k▲ 30.7%€-10k
Net result€-9k-€6k€6k▼ 1.2%€-11k
EBIT margin-11.3%-
Equity€-8k-€-1k▲ 82.0%€5k€-6k
Total assets€12k-€10k▼ 15.3%€28k▲ 181%€26k▼ 7.5%
Debt€20k-€12k▼ 41.8%€23k▲ 103%€32k▲ 37.0%
Working capital€-9k-€-5k▲ 44.6%€-897▲ 82.2%€-12k▼ 1,289%
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 turns negative in 2024: a loss of €10k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€17k ▼ 16.2%
Current assets
€9k ▲ 15.3%
Key figures and ratios
EBITDA
€-3k▼
2023 · €15k
Cash flow
€-3k▼
2023 · €12k
Solvency
-22.2%▼
2023 · 17.5%
Current ratio
0.42▼
2023 · 0.90
Quick ratio
0.38▼
2023 · 0.78
Debt to equity
-5.50▼
2023 · 4.72
ROA
-41.1%▼
2023 · 22.5%
Interest coverage
-3.13▼
2023 · 27.78
Debt ≤ 1 year
€22k▲
2023 · €9k
Debt > 1 year
€11k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €82k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €89k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €6k | €7k | ▲ 31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €5k | - | - |
| Other operating charges640/8 | €989 | €650 | €985 | €505 | ▼ 48.7% |
| Non-recurring operating charges66A | - | - | €746 | - | - |
| Gross operating margin9900 | €-6k | €10k | €21k | €-2k | ▼ 110% |
| Operating profit (loss)9901 | €-9k | €7k | €9k | €-10k | ▼ 210% |
| Financial income75/76B | €6 | €2 | €0 | €0 | ▲ 250% |
| Recurring financial income75 | €6 | €2 | €0 | €0 | ▲ 250% |
| Financial charges65/66B | €77 | €356 | €527 | €839 | ▲ 59.2% |
| Recurring financial charges65 | €77 | €356 | €527 | €839 | ▲ 59.2% |
| Profit (loss) for the period before taxes9903 | €-9k | €7k | €9k | €-11k | ▼ 227% |
| Income taxes67/77 | - | €114 | €2k | - | - |
| Profit (loss) for the period9904 | €-9k | €6k | €6k | €-11k | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €6k | €6k | €-11k | ▼ 269% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12k | €10k | €28k | €26k | ▼ 7.5% |
| Fixed assets21/28 | €6k | €4k | €21k | €17k | ▼ 16.2% |
| Tangible fixed assets22/27 | €6k | €4k | €21k | €17k | ▼ 16.2% |
| Plant, machinery and equipment23 | €3k | €3k | €2k | €556 | ▼ 66.8% |
| Furniture and vehicles24 | €2k | €1k | €19k | €17k | ▼ 11.7% |
| Current assets29/58 | €6k | €6k | €8k | €9k | ▲ 15.3% |
| Stocks and contracts in progress3 | - | - | €998 | €775 | ▼ 22.3% |
| Stocks30/36 | - | - | €998 | €775 | ▼ 22.3% |
| Amounts receivable within one year40/41 | €5k | €2k | €413 | €8k | ▲ 1,903% |
| Trade receivables40 | €3k | - | €413 | €7k | ▲ 1,647% |
| Other amounts receivable41 | €2k | €2k | - | €1k | - |
| Cash at bank and in hand54/58 | €1k | €4k | €6k | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12k | €10k | €28k | €26k | ▼ 7.5% |
| Equity10/15 | €-8k | €-1k | €5k | €-6k | ▼ 218% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Capital10 | €2k | - | - | - | - |
| Issued capital100 | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €-9k | €-3k | €3k | €-7k | ▼ 312% |
| Amounts payable17/49 | €20k | €12k | €23k | €32k | ▲ 37.0% |
| Amounts payable after more than one year17 | €5k | €403 | €14k | €11k | ▼ 26.9% |
| Financial debts170/4 | €5k | €403 | €14k | €11k | ▼ 26.9% |
| Amounts payable within one year42/48 | €15k | €11k | €9k | €22k | ▲ 146% |
| Current portion of amounts payable after more than one year42 | - | €2k | €4k | €4k | ▼ 5.5% |
| Financial debts43 | - | - | - | €1k | - |
| Credit institutions430/8 | - | - | - | €1k | - |
| Trade debts44 | €6k | €5k | €844 | €7k | ▲ 763% |
| Suppliers440/4 | €6k | €5k | €844 | €7k | ▲ 763% |
| Taxes, remuneration and social security45 | €200 | €496 | €3k | €2k | ▼ 16.8% |
| Taxes450/3 | €200 | €496 | €3k | €2k | ▼ 16.8% |
| Other amounts payable47/48 | €9k | €4k | €1k | €7k | ▲ 450% |
| Accrued charges and deferred income492/3 | - | - | €200 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €6k | €6k | €-11k | ▼ 269% |
| + Depreciation and write-downs630 | €2k | €3k | €6k | €7k | ▲ 31.2% |
| Operating cash flow (approximation) | €-7k | €9k | €12k | €-3k | ▼ 129% |
| Investment in fixed assets (approximation) | - | €-998 | €-22k | €-4k | ▲ 81.9% |
| Change in cash | - | €3k | €2k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Turnhout
Ground area
139 m²
Building footprint
57 m²
Volume, LiDAR
498 m³
Parcel 13453O0141/00E003, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0141/00E003 | Flanders | 139 m² | 1 · 57 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
42110Construction of roads and motorways
Scores and ratios are computed by Checked and are not a credit decision.