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KL Excellent

Active
Private limited companyfounded 20206 years activeNaamsevest 4, 3000 Leuven, BelgiumKBO/BCE: BE 0747.651.551
Summary

The computed 12-month bankruptcy probability of KL Excellent is 5.0% (elevated). The 2024 annual accounts show equity of €36,466 and a net result of -€6,420. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€38,581total assets 2024
Equity
€36,466
Loss
-€6,420
Turnover not published (abridged schema)
Financial health
39 Weak Checked score 2024
Bankruptcy probability, 12 months
5.0%
Structure
Board
1 member
Accounts 68 days overdue1 of 3 deeds read
Why 39- Figures for FY 2024 (filed 21-07-2025)- 1 change of registered office in 24 months- Sector Food and beverage service activities (NACE 56)+ Liquidity: current ratio 17.94, cash €36,682Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 57% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 100+43
equity 94.5% of total assets
Liquidity 100+46
short-term debt 5.5% · cash 95.1%
Profitability 0-8
return on assets -16.6%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 3.7% 12-2024: 3.7%● unchanged vs 11-2024 01-2025: 3.7%● unchanged vs 12-2024 02-2025: 3.7%● unchanged vs 01-2025 03-2025: 3.6%▼ -0.1 percentage points vs 02-2025 04-2025: 3.9%▲ +0.3 percentage points vs 03-2025 05-2025: 4.1%▲ +0.2 percentage points vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.4%▲ +0.3 percentage points vs 06-2025 08-2025: 0.7%▼ -3.7 percentage points vs 07-2025lowest value 09-2025: 1.5%▲ +0.8 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.6%▲ +0.1 percentage points vs 11-2025 01-2026: 1.4%▼ -0.2 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026 08-2026: 2.3%▲ +0.5 percentage points vs 07-2026 09-2026: 2.6%▲ +0.3 percentage points vs 08-2026 10-2026: 5.0%▲ +2.4 percentage points vs 09-2026highest value
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 17.94 against 0.35 in 2023; short-term debt: 5.5% and cash: 95.1% of total assets), and 5.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 94% on solvency, 99% on liquidity, 8% on profitability and 28% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 21-07-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Liquidity: current ratio 17.94, cash €36,682
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€6,420
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 21-07-2025, 10 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
10 days early
2023
22 days early
2022
28 days early
2021
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Heca Kaplan (director)Appointment: Suleyman Comak (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Liquidity times 52current ratio 17.94

Key points

  • Positive: Among the best 5% on solvencysector median 29.1% · 18,970 companies 94.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: Board changedlatest change 02-03-2026 · 1 in office 1 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€6,420 View

By topic

Financials

Fiscal year
2024
Total assets
€38,581
Loss
-€6,420
Solvency
94.5%
Total assets▼ 71.2%
Net result
20212024
Go to Financials

Timeline

Events
7
Since
2022
  1. 09-07-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 03-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
27-05-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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