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EXCITIT

Active
Private limited companyfounded 20197 yrs activeLombardsijdestraat 217, 1120 Brussel, BelgiumKBO/BCE: BE 0719.697.636
Summary

EXCITIT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,828 and a net result of €1,577. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 8871 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Business and other management consultancy
NACE 70200IT consultancy NACE 62020Computer consultancy and computer facilities management NACE 62200
1 site
How big
€251,201total assets 2025
Staff
5.3 FTE
Equity
€22,828
Profit
€1,577
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Parent
SIMBIOS INVEST · 100%
Accounts 2 d early0 of 2 deeds read
Why 52- Limited track record- Higher-failure-rate region- Weak solvency vs sector+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability65▲+11
Solvency34▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.94 in 2024; short-term debt: 80.5% and cash: 10% of total assets), and 90.9% of the assets are financed with debt.
Credit check for your own amount and term

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

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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8871 sector peers (2025).
NBB · sector comparison
Position among 8871 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 26-02-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 d early
2024
56 d late
2023
37 d early
2022
35 d early
2021
4 d early
2020
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 24 February (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
31-07-2026 close01-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €371

Financials

Fiscal year 2025Total assets €251,201Profit €1,577Solvency 9.1%Liquidity 0.90
Total assets
€251,201▼ 35.3%
2020 - 2025
Net result
€1,577▲ 325%
2020 - 2025
Equity
€22,828▲ 7.4%
2020 - 2025
Staff (FTE)
5.3▲ 32.5%
2021 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years6 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€17,688€11,241▼ 36.4%-€12,086€944€5,331▲ 465%
Net result€13,542within the sector's middle half€6,771within the sector's middle half▼ 50.0%-€11,994below the sector's middle half€371below the sector's middle half€1,577within the sector's middle half▲ 325%
Equity€19,902below the sector's middle half▲ 213%€26,673below the sector's middle half▲ 34.0%€14,679below the sector's middle half▼ 45.0%€21,250below the sector's middle half▲ 44.8%€22,828below the sector's middle half▲ 7.4%
Total assets€98,985within the sector's middle half▲ 337%€179,620within the sector's middle half▲ 81.5%€269,328within the sector's middle half▲ 49.9%€387,994within the sector's middle half▲ 44.1%€251,201below the sector's middle half▼ 35.3%
Debt€79,083▲ 385%€152,946▲ 93.4%€254,649▲ 66.5%€366,744▲ 44.0%€228,374▼ 37.7%
Working capital€37,822within the sector's middle half▲ 495%€28,073within the sector's middle half▼ 25.8%€16,079within the sector's middle half▼ 42.7%-€20,795below the sector's middle half-€20,668within the sector's middle half▲ 0.6%
Solvency20.1%below the sector's middle half▼ 8.0pp14.8%below the sector's middle half▼ 5.3pp5.5%below the sector's middle half▼ 9.4pp5.5%below the sector's middle half=9.1%below the sector's middle half▲ 3.6pp
Current ratio1.62within the sector's middle half▲ 0.231.19within the sector's middle half▼ 0.431.06within the sector's middle half▼ 0.120.94below the sector's middle half▼ 0.130.90within the sector's middle half▼ 0.04
Return on assets (ROA)13.7%within the sector's middle half▲ 40.3pp3.8%within the sector's middle half▼ 9.9pp-4.5%below the sector's middle half▼ 8.2pp0.1%below the sector's middle half▲ 4.5pp0.6%within the sector's middle half▲ 0.5pp
Staff (FTE)22.2▲ 10.0%3.3▲ 50.0%4▲ 21.2%5.3above the sector's middle half▲ 32.5%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €17,688€17,688Net result 2021: €13,542€13,542Operating result 2022: €11,241€11,241Net result 2022: €6,771€6,771Operating result 2023: -€12,086-€12,086Net result 2023: -€11,994-€11,994Operating result 2024: €944€944Net result 2024: €371€371Operating result 2025: €5,331€5,331Net result 2025: €1,577€1,57720212022202320242025-€15,000-€10,000-€5,000€0€5,000Operating result 2023: -€12,086-€12,100Net result 2023: -€11,994-€12,000Operating result 2024: €944€944Net result 2024: €371€371Operating result 2025: €5,331€5,330Net result 2025: €1,577€1,580202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 465% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,201
Fixed assets €69,729 ▼ 5.1%
Current assets €181,473 ▼ 42.3%
Equity and liabilities €251,201
Equity €22,828 ▲ 7.4%
Debt €228,374 ▼ 37.7%
Debt's share of the balance-sheet total falls from 94.5% to 90.9%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,081▲
2024 · €2,466
Cash flow
€5,327▲
2024 · €1,893
Debt to equity
10.00▼
2024 · 17.26
ROE
6.9%▲
2024 · 1.7%
Interest coverage
5.46▲
2024 · 4.16
Debt ≤ 1 year
€202,141▼
2024 · €335,310
Debt > 1 year
€21,333▼
2024 · €29,333
Income taxes
€2,325▲
2024 · €14
Staff costs
€352,891▲
2024 · €265,552
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.6% went bankrupt
2.7% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 1,251 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€387,994€251,201▼
Fixed assets21/28€73,479€69,729▼
Tangible fixed assets22/27€73,479€69,729▼
Land and buildings22€73,479€69,729▼
Current assets29/58€314,515€181,473▼
Amounts receivable within one year40/41€231,200€155,969▼
Trade receivables40€52,539€83,376▲
Other amounts receivable41€178,661€72,593▼
Cash at bank and in hand54/58€83,053€24,999▼
Deferred charges and accrued income490/1€263€504▲
Equity and liabilities
Total equity and liabilities10/49€387,994€251,201▼
Equity10/15€21,250€22,828▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€2,650€4,228▲
Amounts payable17/49€366,744€228,374▼
Amounts payable after more than one year17€29,333€21,333▼
Financial debts170/4€29,333€21,333▼
Amounts payable within one year42/48€335,310€202,141▼
Current portion of amounts payable after more than one year42€8,000€8,000=
Trade debts44€406€2,434▲
Suppliers440/4€406€2,434▲
Taxes, remuneration and social security45€50,370€76,525▲
Taxes450/3€9,697€21,151▲
Remuneration and social security454/9€40,673€55,374▲
Other amounts payable47/48€276,534€115,182▼
Accrued charges and deferred income492/3€2,100€4,900▲
Income statement Code20242025
Remuneration, social security and pensions62€265,552€352,891▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,521€3,750▲
Other operating charges640/8€10,690€748▼
Gross operating margin9900€278,707€362,721▲
Operating profit (loss)9901€944€5,331▲
Financial income75/76B€33€235▲
Recurring financial income75€33€235▲
Financial charges65/66B€592€1,664▲
Recurring financial charges65€592€1,664▲
Profit (loss) for the period before taxes9903€385€3,902▲
Income taxes67/77€14€2,325▲
Profit (loss) for the period9904€371€1,577▲
Profit (loss) for the period to be appropriated9905€371€1,577▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,650€4,228▲
Profit (loss) brought forward from the previous period14P€2,279€2,650▲
Social balance
Average headcount (FTE)9087-5.3

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€115,908€197,581€265,552€352,891▲ 32.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1,521€3,750▲ 146%
Other operating charges640/8-€590€479€10,690€748▼ 93.0%
Gross operating margin9900€124,858€127,739€185,974€278,707€362,721▲ 30.1%
Operating profit (loss)9901€17,688€11,241-€12,086€944€5,331▲ 465%
Financial income75/76B--€145€33€235▲ 607%
Recurring financial income75--€145€33€235▲ 607%
Financial charges65/66B-€47€53€592€1,664▲ 181%
Recurring financial charges65€180€47€53€592€1,664▲ 181%
Profit (loss) for the period before taxes9903€17,507€11,194-€11,994€385€3,902▲ 913%
Income taxes67/77€3,966€4,423€0€14€2,325▲ 16,809%
Profit (loss) for the period9904€13,542€6,771-€11,994€371€1,577▲ 325%
Profit (loss) for the period to be appropriated9905€13,542€6,771-€11,994€371€1,577▲ 325%
Line20212022202320242025Change
Assets
Total assets20/58€98,985€179,620€269,328€387,994€251,201▼ 35.3%
Fixed assets21/28---€73,479€69,729▼ 5.1%
Tangible fixed assets22/27---€73,479€69,729▼ 5.1%
Land and buildings22---€73,479€69,729▼ 5.1%
Current assets29/58€98,985€179,620€269,328€314,515€181,473▼ 42.3%
Amounts receivable within one year40/41€96,582€95,169€226,030€231,200€155,969▼ 32.5%
Trade receivables40-€10,454€46,101€52,539€83,376▲ 58.7%
Other amounts receivable41-€84,714€179,929€178,661€72,593▼ 59.4%
Cash at bank and in hand54/58€2,154€84,251€43,097€83,053€24,999▼ 69.9%
Deferred charges and accrued income490/1-€200€200€263€504▲ 92.0%
Equity and liabilities
Total equity and liabilities10/49€98,985€179,620€269,328€387,994€251,201▼ 35.3%
Equity10/15€19,902€26,673€14,679€21,250€22,828▲ 7.4%
Contributions10/11-€12,400€12,400€18,600€18,600=
Profit (loss) carried forward14€7,502€14,273€2,279€2,650€4,228▲ 59.5%
Amounts payable17/49€79,083€152,946€254,649€366,744€228,374▼ 37.7%
Amounts payable after more than one year17---€29,333€21,333▼ 27.3%
Financial debts170/4---€29,333€21,333▼ 27.3%
Amounts payable within one year42/48€61,163€151,546€253,249€335,310€202,141▼ 39.7%
Current portion of amounts payable after more than one year42---€8,000€8,000=
Trade debts44€31,421€1,817€963€406€2,434▲ 499%
Suppliers440/4-€1,817€963€406€2,434▲ 499%
Taxes, remuneration and social security45-€19,256€59,737€50,370€76,525▲ 51.9%
Taxes450/3-€5,094€25,757€9,697€21,151▲ 118%
Remuneration and social security454/9-€14,163€33,980€40,673€55,374▲ 36.1%
Other amounts payable47/48-€130,473€192,549€276,534€115,182▼ 58.3%
Accrued charges and deferred income492/3-€1,400€1,400€2,100€4,900▲ 133%
Line20212022202320242025Change
Profit (loss) for the period9904€13,542€6,771-€11,994€371€1,577▲ 325%
+ Depreciation and write-downs630---€1,521€3,750▲ 146%
Operating cash flow (approximation)€13,542€6,771-€11,994€1,893€5,327▲ 181%
Investment in fixed assets (approximation)----€0-
Change in cash-€82,097-€41,153€39,955-€58,053▼ 245%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 82,687 companies in this sector we hold annual accounts for 52,635. 31,982 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Board & ownership

Parent SIMBIOS INVEST · 100%

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. SIMBIOS INVEST 100%
  2. EXCITIT

Highest known parent: SIMBIOS INVEST. The sources do not say who stands above it.

Owners 1

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 directors read yet: 0 of 2 Gazette acts processed.

Timeline

9 eventsLatest 26-02-2026Next filing 28-02-2027

History

On 1 February 2019, EXCITIT was incorporated.1 Total assets went from €22,659 in 2020 to €251,201 in 2025 and headcount from 2 full-time equivalents in 2021 to 5.3 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020, 2021 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
26-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-07
Financial Back to profitnet €371
Net result €371 after one loss-making year.
23-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
Financial Weakest financial yearnet -€11,994
Net result drops to -€11,994, the lowest in the series; recovery starts the following year.
24-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
Financial Back to profitnet €13,542
Net result €13,542 after one loss-making year.
22-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 01-02-2019Year ends 31-07Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded01-02-2019
Fiscal year end31-07
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0719697636
Also 9925:BE0719697636
Registered 12-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
770 m²
Building footprint
297 m²
Volume, LiDAR
2,733 m³
2 parcels, Brussels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Excitit Buggenhout
Maalderijstraat 13-15, 9255 BuggenhoutWholesale trade
since 2019unit no. 2.288.214.360
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21819C0091/00P002 Brussels 621 m² 1 · 148 m² 11.4 m · 3 fl.
42004B0203/00X004 Flanders 149 m² 1 · 149 m² 11.3 m · 3 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.

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