Excentis
ActiveSummary
Excentis has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €834,961 and a net result of €183,052. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+76
Solvency53▲+9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 2.13 in 2024; short-term debt: 33.8% and cash: 2.3% of total assets), but 72.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
27.9%
Return on assets
6.1%
Age of the figures
12 mo
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2022
29 d late
2021
5 d early
2020
31 d late
2019
61 d late
2018
27 d late
← 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 20 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€834,961▲ 28.1%
2024 · €651,909
Total assets
€3.0m▼ 10.7%
2024 · €3.4m
Net result
€183,052
2024 · -€1.6m
Working capital
€974,566▼ 28.8%
2024 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€154,202€695,482▲ 351%€651,352▼ 6.3%-€1.8m-€181,935
Net result€69,161within the sector's middle half€596,725above the sector's middle half▲ 763%€515,747above the sector's middle half▼ 13.6%-€1.6mbelow the sector's middle half-€183,052above the sector's middle half
Equity€1.3mabove the sector's middle half▲ 5.5%€1.9mabove the sector's middle half▲ 44.7%€2.3mabove the sector's middle half▲ 18.9%€651,909within the sector's middle half-€834,961above the sector's middle half▲ 28.1%
Total assets€3.3mabove the sector's middle half▲ 16.7%€4.2mabove the sector's middle half▲ 27.7%€4.2mabove the sector's middle half▲ 0.1%€3.4mabove the sector's middle half-€3.0mabove the sector's middle half▼ 10.7%
Debt€1.9m▲ 25.9%€2.3m▲ 16.1%€1.9m▼ 15.9%€2.7m-€2.2m▼ 20.0%
Working capital€2.5mabove the sector's middle half▲ 20.9%€3.1mabove the sector's middle half▲ 26.6%€3.3mabove the sector's middle half▲ 5.8%€1.4mabove the sector's middle half-€974,566above the sector's middle half▼ 28.8%
Solvency40.7%within the sector's middle half▼ 4.3pp46.1%within the sector's middle half▲ 5.4pp54.8%within the sector's middle half▲ 8.7pp19.4%below the sector's middle half-27.9%within the sector's middle half▲ 8.4pp
Current ratio5.05above the sector's middle half▼ 0.544.53above the sector's middle half▼ 0.525.25above the sector's middle half▲ 0.722.13within the sector's middle half-1.96within the sector's middle half▼ 0.17
Return on assets (ROA)2.1%within the sector's middle half▲ 8.8pp14.2%within the sector's middle half▲ 12.1pp12.3%within the sector's middle half▼ 2.0pp-49.1%below the sector's middle half-6.1%within the sector's middle half▲ 55.2pp
Staff (FTE)18above the sector's middle half▼ 23.7%19.2above the sector's middle half▲ 6.7%19.9above the sector's middle half▲ 3.6%23.1above the sector's middle half-21.7above the sector's middle half▼ 6.1%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €181,935 after a loss of €1.8m in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€1.0m ▲ 30.6%
Current assets
€2.0m ▼ 23.1%
Equity and liabilities €3.0m
Equity
€834,961 ▲ 28.1%
Debt
€2.2m ▼ 20.0%
Debt's share of the balance-sheet total falls from 80.6% to 72.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€372,119▲
2024 · -€1.6m
Cash flow
€373,236▲
2024 · -€1.5m
Quick ratio
1.73▼
2024 · 1.87
Debt to equity
2.59▼
2024 · 4.15
ROE
21.9%▲
2024 · -252.6%
Interest coverage
7.49▲
2024 · -21.12
Debt ≤ 1 year
€1.0m▼
2024 · €1.2m
Debt > 1 year
€770,000▼
2024 · €1.0m
Income taxes
€738▼
2024 · €1,863
Staff costs
€2.2m▼
2024 · €4.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,613 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1.9m | €1.8m | €4.0m | €2.2m | ▼ 44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €207,217 | €97,744 | €99,243 | €134,393 | €190,184 | ▲ 41.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€2,197 | - | - | - |
| Other operating charges640/8 | - | €14,041 | €38,101 | €9,240 | €9,427 | ▲ 2.0% |
| Gross operating margin9900 | €2.2m | €2.7m | €2.6m | €2.3m | €2.6m | ▲ 9.6% |
| Operating profit (loss)9901 | €154,202 | €695,482 | €651,352 | -€1.8m | €181,935 | ▲ 110% |
| Financial income75/76B | - | €468,918 | €320,621 | €211,144 | €51,540 | ▼ 75.6% |
| Recurring financial income75 | €33,690 | €468,918 | €320,621 | €211,144 | €51,540 | ▼ 75.6% |
| Financial charges65/66B | - | €359,042 | €271,696 | €82,506 | €49,685 | ▼ 39.8% |
| Recurring financial charges65 | €119,427 | €359,042 | €271,696 | €77,617 | €49,685 | ▼ 36.0% |
| Non-recurring financial charges66B | - | - | - | €4,889 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €68,465 | €805,358 | €700,277 | -€1.6m | €183,790 | ▲ 111% |
| Income taxes67/77 | -€695 | €208,633 | €184,530 | €1,863 | €738 | ▼ 60.4% |
| Profit (loss) for the period9904 | €69,161 | €596,725 | €515,747 | -€1.6m | €183,052 | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €69,161 | €596,725 | €515,747 | -€1.6m | €183,052 | ▲ 111% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €4.2m | €4.2m | €3.4m | €3.0m | ▼ 10.7% |
| Fixed assets21/28 | €212,767 | €193,361 | €125,385 | €774,127 | €1.0m | ▲ 30.6% |
| Intangible fixed assets21 | €84,524 | €50,211 | €8,648 | €627,693 | €840,203 | ▲ 33.9% |
| Tangible fixed assets22/27 | €120,179 | €135,086 | €108,200 | €137,882 | €140,957 | ▲ 2.2% |
| Land and buildings22 | - | €1,547 | €14,174 | €7,495 | - | - |
| Plant, machinery and equipment23 | - | €74,668 | €50,607 | €117,551 | €76,815 | ▼ 34.7% |
| Furniture and vehicles24 | - | €52,307 | €40,709 | €11,560 | €53,654 | ▲ 364% |
| Leasing and similar rights25 | - | €980 | €568 | €93 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €5,585 | €2,141 | €1,183 | €10,488 | ▲ 786% |
| Financial fixed assets28 | €8,063 | €8,063 | €8,538 | €8,552 | €29,529 | ▲ 245% |
| Current assets29/58 | €3.1m | €4.0m | €4.1m | €2.6m | €2.0m | ▼ 23.1% |
| Amounts receivable after more than one year29 | - | €4,310 | €4,310 | €4,478 | €8,873 | ▲ 98.1% |
| Other amounts receivable291 | - | €4,310 | €4,310 | €4,478 | €8,873 | ▲ 98.1% |
| Stocks and contracts in progress3 | €206,736 | €317,731 | €237,516 | €312,364 | €235,548 | ▼ 24.6% |
| Stocks30/36 | - | €317,731 | €237,516 | €312,364 | €235,548 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €1.2m | €1.4m | €1.7m | €1.1m | €1.6m | ▲ 49.4% |
| Trade receivables40 | - | €1.2m | €1.6m | €1.0m | €1.6m | ▲ 55.0% |
| Other amounts receivable41 | - | €227,511 | €123,296 | €85,956 | €72,464 | ▼ 15.7% |
| Current investments50/53 | €185,295 | €676,636 | €783,193 | €1.0m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1.5m | €1.5m | €1.3m | €74,491 | €69,434 | ▼ 6.8% |
| Deferred charges and accrued income490/1 | - | €44,041 | €49,864 | €59,738 | €48,535 | ▼ 18.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €4.2m | €4.2m | €3.4m | €3.0m | ▼ 10.7% |
| Equity10/15 | €1.3m | €1.9m | €2.3m | €651,909 | €834,961 | ▲ 28.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €1.3m | €1.9m | €2.2m | €583,709 | €766,761 | ▲ 31.4% |
| Amounts payable17/49 | €1.9m | €2.3m | €1.9m | €2.7m | €2.2m | ▼ 20.0% |
| Amounts payable after more than one year17 | €1.1m | €1.0m | €700,000 | €1.0m | €770,000 | ▼ 23.8% |
| Financial debts170/4 | - | €1.0m | €700,000 | €1.0m | €770,000 | ▼ 23.8% |
| Amounts payable within one year42/48 | €607,649 | €882,408 | €775,803 | €1.2m | €1.0m | ▼ 16.5% |
| Trade debts44 | €411,197 | €534,400 | €377,846 | €757,870 | €586,219 | ▼ 22.6% |
| Suppliers440/4 | - | €534,400 | €377,846 | €757,870 | €586,219 | ▼ 22.6% |
| Taxes, remuneration and social security45 | - | €310,524 | €194,505 | €266,313 | €226,709 | ▼ 14.9% |
| Taxes450/3 | - | €116,452 | - | - | - | - |
| Remuneration and social security454/9 | - | €194,072 | €194,505 | €266,313 | €226,709 | ▼ 14.9% |
| Other amounts payable47/48 | - | €37,483 | €203,452 | €189,186 | €199,760 | ▲ 5.6% |
| Accrued charges and deferred income492/3 | - | €374,628 | €421,475 | €481,395 | €380,294 | ▼ 21.0% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,161 | €596,725 | €515,747 | -€1.6m | €183,052 | ▲ 111% |
| + Depreciation and write-downs630 | €207,217 | €97,744 | €99,243 | €134,393 | €190,184 | ▲ 41.5% |
| Operating cash flow (approximation) | €276,378 | €694,469 | €614,990 | -€1.5m | €373,236 | ▲ 125% |
| Investment in fixed assets (approximation) | - | -€78,338 | -€31,268 | - | -€426,746 | - |
| Change in cash | - | €51,157 | -€266,985 | - | -€5,057 | - |
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
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €183,052
Net result €183,052 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Equity above €2mEq €2.3m ▲18.9%
3 profitable years in a row build equity to €2.3m.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €596,725 ▲763%
Operating result €695,482, net result €596,725, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €69,161
Net result €69,161 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Gent · 2 establishment units since 2000
Ground area
5,124 m²
Building footprint
1,356 m²
Volume, LiDAR
12,037 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Excentis
since 20002.097.392.990
Excentis
since 20162.252.392.656
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0155/00S002 | Flanders | 2,999 m² | 1 · 1,214 m² | 11.8 m · 3 fl. |
| 44027A0876/00F000 | Flanders | 2,125 m² | 1 · 142 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- MARTENS CONSULTANCY
- Excentis
Highest known parent: MARTENS CONSULTANCY. The sources do not say who stands above it.
Owners 1
- MARTENS CONSULTANCYparent99%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 297,951 EUR awarded · 240,371 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 1,403 EUR | 113,403 EUR |
| 2024 | 3 | 288,409 EUR | 118,829 EUR |
| 2023 | 1 | 639 EUR | 639 EUR |
| 2022 | 1 | 7,500 EUR | 7,500 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600YOPN5YK3QWJZ61
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Of 2,148 companies in sector 71209 we hold annual accounts for 1,090. 611 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-05-2000
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471961418
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.