FleXcellent
ActiveFleXcellent has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €8k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 15.7 against 13.97 in 2024; short-term debt: 6.2% and cash: 57% of total assets), and 6.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 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
93.8%
Return on assets
7.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
29 d late
2024
25 d late
2023
5 d early
2022
7 d early
2021
6 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▲ 8.2%
2024 · €93k
2019: €44k
2020: €57k
2021: €55k
2022: €68k
2023: €85k
2024: €93k
2019 → 2025
Total assets
€107k▲ 7.5%
2024 · €99k
2019: €74k
2020: €83k
2021: €68k
2022: €76k
2023: €93k
2024: €99k
2019 → 2025
Net result
€8k▼ 5.6%
2024 · €8k
2019: €39k
2020: €13k
2021: €3k
2022: €13k
2023: €17k
2024: €8k
2019 → 2025
Working capital
€97k▲ 12.3%
2024 · €86k
2019: €37k
2020: €54k
2021: €55k
2022: €68k
2023: €84k
2024: €86k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€68k▲ 22.8%€85k▲ 24.8%€93k▲ 9.5%€100k▲ 8.2%
Operating result€4k-€15k▲ 272%€21k▲ 36.2%€11k▼ 49.5%€10k▼ 7.7%
Net result€3k-€13k▲ 285%€17k▲ 33.6%€8k▼ 52.5%€8k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€3k▼ 48.9%
Current assets
€104k▲ 11.3%
Equity and liabilities €107k
Equity
€100k▲ 8.2%
Debt
€7k▼ 0.9%
The debt ratio falls from 6.7% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €13k
Cash flow
€11k▼
2024 · €11k
Solvency
93.8%▲
2024 · 93.3%
Current ratio
15.70▲
2024 · 13.97
Quick ratio
15.70▲
2024 · 13.97
Debt / equity
0.07▼
2024 · 0.07
ROE
7.5%▼
2024 · 8.6%
ROA
7.1%▼
2024 · 8.1%
Interest coverage
101.44▼
2024 · 104.91
Debt
€7k▼
2024 · €7k
Debt ≤ 1 year
€7k▼
2024 · €7k
Income taxes
€4k▼
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€99k€107k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€6k€3k▼
Current assets29/58€93k€104k▲
Amounts receivable within one year40/41€38k€41k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€29k€31k▲
Current investments50/53€28k-
Cash at bank and in hand54/58€27k€61k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€99k€107k▲
Equity10/15€93k€100k▲
Contributions10/11€5k€5k=
Reserves13€47k€54k▲
Distributable reserves133€47k€54k▲
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€7k€7k▼
Amounts payable within one year42/48€7k€7k▼
Trade debts44€84€21▼
Suppliers440/4€84€21▼
Taxes, remuneration and social security45€7k€7k=
Taxes450/3€7k€7k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€662€1k▲
Gross operating margin9900€14k€14k▼
Operating profit (loss)9901€11k€10k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€126€126=
Recurring financial charges65€126€126=
Profit (loss) for the period before taxes9903€12k€12k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€8k€8k▼
Profit (loss) for the period to be appropriated9905€8k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€49k▼
Profit (loss) brought forward from the previous period14P€41k€41k=
Transfer to equity691/2€8k€8k▼
To other reserves6921€8k€8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Equity above €100kEq €100k ▲8.2%
7 profitable years in a row build equity to €100k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €3k ▼75.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
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, Dendermonde · 1 establishment unit since 2019
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.
Gaverstraat (GRE) 359200 DendermondeGround area
602 m²
Building footprint
110 m²
Volume, LiDAR
707 m³
Parcel 42007A0295/00Z004, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FleXcellent
since 20192.294.911.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007A0295/00Z004 | Flanders | 602 m² | 1 · 110 m² | 10.8 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.
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,495. 2,285 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.