EXELMANS
ActiveEXELMANS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €172k and a net result of €-6k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 88% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-37
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 2.66 in 2023; short-term debt: 18.6% and cash: 13.4% of total assets), and 18.8% 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.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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
81.2%
Return on assets
-2.9%
Age of the figures
21 mo
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 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
34 d early
2022
46 d early
2021
3 d early
2020
33 d late
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€172k▼ 3.4%
2023 · €178k
2018: €204k
2019: €203k
2020: €183k
2021: €181k
2022: €175k
2023: €178k
2018 → 2024
Total assets
€211k▼ 4.8%
2023 · €222k
2018: €253k
2019: €228k
2020: €209k
2021: €211k
2022: €210k
2023: €222k
2018 → 2024
Net result
€-6k
2023 · €3k
2018: €11k
2019: €-1k
2020: €-20k
2021: €-1k
2022: €-6k
2023: €3k
2018 → 2024
Working capital
€69k▼ 5.3%
2023 · €73k
2018: €114k
2019: €100k
2020: €78k
2021: €71k
2022: €68k
2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€183k-€181k▼ 0.6%€175k▼ 3.5%€178k▲ 1.6%€172k▼ 3.4%
Operating result€-19k-€5k€-5k€4k€-4k
Net result€-20k-€-1k▲ 94.8%€-6k▼ 504%€3k€-6k
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 €4k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets
€103k▼ 2.1%
Current assets
€108k▼ 7.3%
Equity and liabilities €211k
Equity
€172k▼ 3.4%
Debt
€40k▼ 10.4%
The debt ratio falls from 19.9% to 18.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2023 · €7k
Cash flow
€-4k▼
2023 · €5k
Solvency
81.2%▲
2023 · 80.1%
Current ratio
2.76▲
2023 · 2.66
Quick ratio
1.12▲
2023 · 0.54
Debt / equity
0.23▼
2023 · 0.25
ROE
-3.5%▼
2023 · 1.5%
ROA
-2.9%▼
2023 · 1.2%
Interest coverage
-1.12▼
2023 · 3.79
Debt
€40k▼
2023 · €44k
Debt ≤ 1 year
€39k▼
2023 · €44k
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€222k€211k▼
Fixed assets21/28€105k€103k▼
Intangible fixed assets21€799€399▼
Tangible fixed assets22/27€104k€103k▼
Land and buildings22€102k€101k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€55€0▼
Current assets29/58€117k€108k▼
Stocks and contracts in progress3€93k€64k▼
Stocks30/36€93k€64k▼
Amounts receivable within one year40/41€12k€12k▲
Trade receivables40€898€553▼
Other amounts receivable41€11k€12k▲
Cash at bank and in hand54/58€11k€28k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€222k€211k▼
Equity10/15€178k€172k▼
Contributions10/11€45k€45k=
Reserves13€75k€75k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€58k€52k▼
Amounts payable17/49€44k€40k▼
Amounts payable within one year42/48€44k€39k▼
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46€395€0▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€28k€33k▲
Accrued charges and deferred income492/3€364€359▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€14k€5k▼
Operating profit (loss)9901€4k€-4k▼
Financial income75/76B€210€263▲
Recurring financial income75€210€263▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€3k€-6k▼
Profit (loss) for the period9904€3k€-6k▼
Profit (loss) for the period to be appropriated9905€3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€52k▼
Profit (loss) brought forward from the previous period14P€55k€58k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
16-06
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.
Directors · office · real estate
Directors
6 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, Edegem · 1 establishment unit since 1985
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.
Oude-Godstraat 1052650 EdegemGround area
114 m²
Building footprint
87 m²
Volume, LiDAR
603 m³
Parcel 11472B0041/00V013, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude-Godstraat 105, 2650 Edegem
since 19852.026.935.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0041/00V013 | Flanders | 114 m² | 1 · 87 m² | 9.5 m · 2 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
Garage De Dobbelaere
BE 1002.769.667
Damme · Eq €172k
HEIRMAN - DE VLIEGER
BE 0457.753.985
Hamme (Vl.) · Eq €172k
GARAGE SEPULCHRE
BE 0460.071.988
Malmedy · Eq €172k
DCI SERVICE
BE 0506.616.944
Herentals · Eq €172k
GARAGE BOSMANS
BE 0830.903.483
Heusden-Zolder · Eq €171k
Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 2,345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-1985
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46431Wholesale of electrical household appliances and audio-video equipment
46471Wholesale trade
46643Wholesale of electrical equipment, including installation materials
46832Wholesale of timber
46839Wholesale trade
47522Retail trade
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47559Retail sale of other household articles
47591Retail trade
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.