EXCESS
ActiveThe computed 12-month bankruptcy probability of EXCESS is 3.8% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-11k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 36377 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency66▼-34
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.3 against 2.7 in 2023), and 62.1% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
37.9%
Return on assets
-28.3%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
29 d late
2022
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 42.8%
2023 · €25k
2022: €6k
2023: €25k
2022 → 2024
Total assets
€38k▲ 2.3%
2023 · €37k
2022: €19k
2023: €37k
2022 → 2024
Net result
€-11k
2023 · €19k
2022: €1k
2023: €19k
2022 → 2024
Working capital
€7k▼ 64.8%
2023 · €20k
2022: €2k
2023: €20k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€6k-€25k▲ 308%€14k▼ 42.8%
Operating result€2k-€32k▲ 1,313%€-8k
Net result€1k-€19k▲ 1,524%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €32k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€7k▲ 52.2%
Current assets
€31k▼ 5.0%
Equity and liabilities €38k
Equity
€14k▼ 42.8%
Debt
€24k▲ 96.6%
The debt ratio rises from 32.3% to 62.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2023 · €33k
Cash flow
€-8k▼
2023 · €20k
Solvency
37.9%▼
2023 · 67.7%
Current ratio
1.30▼
2023 · 2.70
Quick ratio
1.30▼
2023 · 2.70
Debt / equity
1.64▲
2023 · 0.48
ROE
-74.8%▼
2023 · 75.5%
ROA
-28.3%▼
2023 · 51.1%
Interest coverage
-1.49▼
2023 · 7.59
Debt
€24k▲
2023 · €12k
Debt ≤ 1 year
€24k▲
2023 · €12k
Income taxes
€128▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€37k€38k▲
Fixed assets21/28€5k€7k▲
Tangible fixed assets22/27€5k€7k▲
Furniture and vehicles24€5k€7k▲
Current assets29/58€32k€31k▼
Amounts receivable within one year40/41€7k€31k▲
Trade receivables40€4k€16k▲
Other amounts receivable41€2k€15k▲
Cash at bank and in hand54/58€24k-
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€37k€38k▲
Equity10/15€25k€14k▼
Contributions10/11€5k€5k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€1€-11k▼
Amounts payable17/49€12k€24k▲
Amounts payable within one year42/48€12k€24k▲
Financial debts43-€14
Credit institutions430/8-€14
Trade debts44€3k€22k▲
Suppliers440/4€3k€22k▲
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€9k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€915▼
Gross operating margin9900€34k€-4k▼
Operating profit (loss)9901€32k€-8k▼
Financial income75/76B€173€492▲
Recurring financial income75€173€492▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€28k€-11k▼
Income taxes67/77€9k€128▼
Profit (loss) for the period9904€19k€-11k▼
Profit (loss) for the period to be appropriated9905€19k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-11k▼
Profit (loss) brought forward from the previous period14P€0€1▲
Transfer to equity691/2€19k-
To other reserves6921€19k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
2024
31-12
Financial
Weakest financial yearnet €-11k ▼157%
Net result drops to €-11k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2022net €19k ▲1524%
Operating result €32k, net result €19k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.70
Current ratio from 1.15 to 2.70; short-term debt falls from €13k to €12k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Schilde · 1 establishment unit since 2022
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.
Wijnegemsteenweg 782970 SchildeGround area
416 m²
Building footprint
120 m²
Volume, LiDAR
504 m³
Parcel 11041B0325/00L003, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EXCESS
since 20222.336.628.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0325/00L003 | Flanders | 416 m² | 1 · 120 m² | 8.9 m · 1 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
Bart Bostoen Algemene Elektriciteit
BE 0741.654.872
Brugge · Eq €14k
BNV Projects
BE 1022.631.408
Hasselt · Eq €14k
VERTECHNICS
BE 0766.869.429
Tielt-Winge · Eq €14k
WILLSON
BE 0803.446.842
Theux · Eq €14k
MD ECOCONCEPT
BE 1014.152.222
Tienen · Eq €14k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 6,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.