Excelsior Seniors

Active

Public limited companyfounded 2012active for 14 yearsMarnixlaan 23, 1000 Brussel, Belgium235 active companies are registered at this addressKBO/BCE: BE 0846.823.955

Summary

Excelsior Seniors has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.3m and a net result of -€1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

Excelsior SeniorsActiveChecked score 93/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased residential real estate, excluding social housing

NACE 68201

1 site

Size

≈ €990,000turnover 2025, estimated

Equity: €17.3m
Loss: -€1.0m

Turnover estimated from the gross margin

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: PFA EUROPE REAL ESTATE LOW A/S FC · 100%

Peter Kenneth MorganDirector

Auditor: SRL DELOITTE Réviseurs d'Entreprises2025 accounts 25 days early2 of 10 deeds summarised

Why 93raises riskLiquidity: current ratio 15.38, cash €226,956, halvedLoss of €1.0m, the second in a row (financial year 2025)lowers riskSize: total assets €17.6mFigures for financial year 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 48% of its sector peers (NACE 68, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 100=

equity 98.4% of total assets

Liquidity 52-1

short-term debt 0.1% · cash 1.3%

Profitability 11+11

return on assets -5.9%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,719 companies, NACE 68, medium-sized)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €1,600,000 on 30-day terms is acceptable

Liquidity ample (current ratio 15.38, compared with 12.72 in 2024, above the usual 1.5; short-term debt: 0.1% and cash: 1.3% of total assets), and 1.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, medium-sized): better than 92% on solvency, 70% on liquidity, 5% on profitability and 25% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €17.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 15.38, cash €226,956, halved

NBB · annual accounts

Loss of €1.0m, the second in a row (financial year 2025)

NBB · annual accounts

Figures for financial year 2025 (filed 06-07-2026)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€1.0m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

25 days early

2024

7 days late

2023

15 days early

2022

78 days late

2021

67 days late

2020

54 days early

2019

44 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (4 of the last 5 filed years within 60 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-07-2026 Annual accounts filedfinancial year 2025 · full…
07-08-2025 Annual accounts filedfinancial year 2024 · full…
10-07-2025 Resignation: Hansen Kasper Blinge (director)Appointment: Peter Kenneth Morgan (director)…

Key points

Caution: Among the weakest 5% on net resultsector median €20,563 · 5,773 companies -€1.0m View
Positive: Result rose in 2025from -€7.0m to -€1.0m ▲ 85.1% View
Controlled by PFA EUROPE REAL ESTATE…ultimately: PFA EUROPE REAL ESTATE… 100% View
Caution: 2 loss-making years in a rowloss financial year 2025 -€1.0m View

By topic

Financials

Financial year: 2025
Total assets: €17.6m
Loss: -€1.0m
Solvency: 98.4%

Total assets▼ 4.4%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member
Parent: PFA EUROPE REAL ESTATE… · 100%
Auditor: SRL DELOITTE Réviseurs d'Entreprises

Peter Kenneth MorganDirector

Go to Board & ownership

Network & group

Group: PFA EUROPE REAL ESTATE…

Go to Network & group

Timeline

Events: 21
Since: 2014
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
26-08-2024Resignation: Michael Bruhn (director)
16-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Renting and operating of own or leased residential…NACE 68201
Founded: 25-06-2012
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Key facts about Excelsior Seniors

What is the company number of Excelsior Seniors?: 0846.823.955. In Belgium the VAT number is the company number with BE in front: BE 0846.823.955.
Where is Excelsior Seniors based?: The registered office is at Marnixlaan 23, 1000 Brussel.Company details
What does Excelsior Seniors do?: According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Excelsior Seniors?: Public limited company (NV).
When was Excelsior Seniors founded?: On 25-06-2012.
Is Excelsior Seniors still active?: Yes, Excelsior Seniors is an active enterprise in the KBO register.
What is the turnover of Excelsior Seniors?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Excelsior Seniors profitable?: In financial year 2025, Excelsior Seniors made a loss of €1.0m.
Where can I find the annual accounts of Excelsior Seniors?: Excelsior Seniors filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Excelsior Seniors due?: By 31-07-2027, for financial year 2026.Timeline