LEXELLENCE
ActiveSummary
LEXELLENCE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €71,589. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
short-term debt: 0.8% and cash: 18.5% of total assets, and 0.9% 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
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.1%
Return on assets
4.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
108 d late
2020
55 d late
2019
91 d late
← 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 63 days after 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 (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€1.6m▲ 4.6%
2023 · €1.5m
Total assets
€1.6m▲ 4.1%
2023 · €1.6m
Net result
€71,589▼ 28.0%
2023 · €99,460
Working capital
€1.5m▲ 6.1%
2023 · €1.4m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€184,462▼ 27.0%€54,182▼ 70.6%€137,931▲ 155%€117,265▼ 15.0%€70,608▼ 39.8%
Net result€137,099above the sector's middle half▼ 28.5%€34,445within the sector's middle half▼ 74.9%€113,321above the sector's middle half▲ 229%€99,460above the sector's middle half▼ 12.2%€71,589above the sector's middle half▼ 28.0%
Equity€1.3mabove the sector's middle half▲ 11.8%€1.3mabove the sector's middle half▲ 2.7%€1.4mabove the sector's middle half▲ 8.5%€1.5mabove the sector's middle half▲ 6.9%€1.6mabove the sector's middle half▲ 4.6%
Total assets€1.3mabove the sector's middle half▲ 10.7%€1.4mabove the sector's middle half▲ 4.9%€1.5mabove the sector's middle half▲ 7.6%€1.6mabove the sector's middle half▲ 5.7%€1.6mabove the sector's middle half▲ 4.1%
Debt€14,986▼ 40.8%€44,251▲ 195%€36,081▼ 18.5%€21,400▼ 40.7%€14,005▼ 34.6%
Working capital€1.2mabove the sector's middle half▲ 13.1%€1.2mabove the sector's middle half▲ 2.8%€1.3mabove the sector's middle half▲ 8.4%€1.4mabove the sector's middle half▲ 5.9%€1.5mabove the sector's middle half▲ 6.1%
Solvency98.9%above the sector's middle half▲ 1.0pp96.8%above the sector's middle half▼ 2.1pp97.6%above the sector's middle half▲ 0.8pp98.6%above the sector's middle half▲ 1.1pp99.1%above the sector's middle half▲ 0.5pp
Current ratio84.34above the sector's middle half▲ 39.7629.99above the sector's middle half▼ 54.3538.98above the sector's middle half▲ 8.9976.82above the sector's middle half▲ 37.84
Return on assets (ROA)10.4%within the sector's middle half▼ 5.7pp2.5%within the sector's middle half▼ 7.9pp7.6%within the sector's middle half▲ 5.1pp6.3%within the sector's middle half▼ 1.3pp4.4%within the sector's middle half▼ 2.0pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€102,496 ▼ 14.2%
Current assets
€1.5m ▲ 5.6%
Equity and liabilities €1.6m
Equity
€1.6m ▲ 4.6%
Debt
€14,005 ▼ 34.6%
Debt's share of the balance-sheet total falls from 1.4% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88,243▼
2023 · €136,709
Cash flow
€89,224▼
2023 · €118,903
Debt to equity
0.01▼
2023 · 0.01
ROE
4.4%▼
2023 · 6.4%
Interest coverage
426.29▼
2023 · 551.07
Debt ≤ 1 year
€13,505▼
2023 · €18,836
Income taxes
€27,803▼
2023 · €30,539
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity €1.6m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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%.
| 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 14,732 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,748 | €6,423 | €7,175 | €19,444 | €17,635 | ▼ 9.3% |
| Other operating charges640/8 | - | €2,249 | €2,727 | €8,142 | €5,459 | ▼ 32.9% |
| Gross operating margin9900 | €192,398 | €62,854 | €147,834 | €144,851 | €93,702 | ▼ 35.3% |
| Operating profit (loss)9901 | €184,462 | €54,182 | €137,931 | €117,265 | €70,608 | ▼ 39.8% |
| Financial income75/76B | - | €3,637 | €7,558 | €12,982 | €28,991 | ▲ 123% |
| Recurring financial income75 | €6 | €3,637 | €7,558 | €12,982 | €28,991 | ▲ 123% |
| Financial charges65/66B | - | €471 | €210 | €248 | €207 | ▼ 16.6% |
| Recurring financial charges65 | €657 | €471 | €210 | €248 | €207 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €183,811 | €57,348 | €145,280 | €129,999 | €99,392 | ▼ 23.5% |
| Income taxes67/77 | €46,712 | €22,903 | €31,958 | €30,539 | €27,803 | ▼ 9.0% |
| Profit (loss) for the period9904 | €137,099 | €34,445 | €113,321 | €99,460 | €71,589 | ▼ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €137,099 | €34,445 | €113,321 | €99,460 | €71,589 | ▼ 28.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.4m | €1.5m | €1.6m | €1.6m | ▲ 4.1% |
| Fixed assets21/28 | €87,347 | €89,034 | €97,287 | €119,471 | €102,496 | ▼ 14.2% |
| Tangible fixed assets22/27 | €87,322 | €89,009 | €97,262 | €119,446 | €102,471 | ▼ 14.2% |
| Land and buildings22 | - | €74,981 | €73,739 | €72,498 | €71,256 | ▼ 1.7% |
| Furniture and vehicles24 | - | €4,514 | €3,041 | €25,897 | €13,248 | ▼ 48.8% |
| Other tangible fixed assets26 | - | €9,514 | €20,482 | €21,051 | €17,967 | ▼ 14.6% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 5.6% |
| Amounts receivable within one year40/41 | €4,207 | €20,494 | €24,395 | €20,319 | €25,047 | ▲ 23.3% |
| Trade receivables40 | - | €20,394 | €20,476 | - | €961 | - |
| Other amounts receivable41 | - | €100 | €3,919 | €20,319 | €24,086 | ▲ 18.5% |
| Current investments50/53 | - | €422,815 | - | - | €1.2m | - |
| Cash at bank and in hand54/58 | €1.2m | €841,758 | €1.4m | €1.4m | €301,239 | ▼ 78.9% |
| Deferred charges and accrued income490/1 | - | €2,479 | €1,599 | €1,190 | €9,922 | ▲ 734% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.5m | €1.6m | €1.6m | ▲ 4.1% |
| Equity10/15 | €1.3m | €1.3m | €1.4m | €1.5m | €1.6m | ▲ 4.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €122,359 | €122,359 | €122,359 | €122,359 | €122,359 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €120,499 | €120,499 | €120,499 | €120,499 | = |
| Profit (loss) carried forward14 | €1.2m | €1.2m | €1.3m | €1.4m | €1.5m | ▲ 5.1% |
| Amounts payable17/49 | €14,986 | €44,251 | €36,081 | €21,400 | €14,005 | ▼ 34.6% |
| Amounts payable within one year42/48 | €14,531 | €42,934 | €35,517 | €18,836 | €13,505 | ▼ 28.3% |
| Trade debts44 | €2,869 | €572 | €15,588 | €1,551 | €4,003 | ▲ 158% |
| Suppliers440/4 | - | €572 | €15,588 | €1,551 | €4,003 | ▲ 158% |
| Taxes, remuneration and social security45 | - | €38,721 | €19,929 | €17,285 | €9,502 | ▼ 45.0% |
| Taxes450/3 | - | €38,721 | €19,929 | €17,285 | €9,502 | ▼ 45.0% |
| Other amounts payable47/48 | - | €3,640 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,317 | €564 | €2,564 | €500 | ▼ 80.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €137,099 | €34,445 | €113,321 | €99,460 | €71,589 | ▼ 28.0% |
| + Depreciation and write-downs630 | €5,748 | €6,423 | €7,175 | €19,444 | €17,635 | ▼ 9.3% |
| Operating cash flow (approximation) | €142,847 | €40,868 | €120,497 | €118,903 | €89,224 | ▼ 25.0% |
| Investment in fixed assets (approximation) | - | -€8,110 | -€15,428 | -€41,628 | -€660 | ▲ 98.4% |
| Change in cash | - | -€377,079 | €516,692 | €67,079 | -€1.1m | ▼ 1,776% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
18-09
State Gazette act
Resignation: DE DEYN Erwin (statutory manager)Appointment: DE DEYN Erwin (non-statutory director) · Purpose change · Statutes amendment11 facts ▸
State Gazette act
Resignation: DE DEYN Erwin (statutory manager)
Appointment: DE DEYN Erwin (non-statutory director) · Purpose change · Statutes amendment11 facts ▸
- General meeting, 6 september 2023
- Purpose change, De vennootschap heeft, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, de volgende activiteiten tot voorwerp: 1. Adminis…
- Statutes amendment
- Statutes amendment
- Reserve release, statutair onbeschikbare eigen vermogensrekening opgeheven en middelen beschikbaar gemaakt voor uitkering
- Director resignation, DE DEYN Erwin (statutory manager)
- Director appointment, DE DEYN Erwin (non-statutory director)
- Director discharge, DE DEYN Erwin
- Mandate compensation, DE DEYN Erwin
- Registered office, 1650 Beersel, Grote Baan 136
- Power of attorney, Katrien VAN KRIEKINGE
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
31-12
Financial
Weakest financial yearnet €34,445 ▼74.9%
Net result drops to €34,445, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €1mEq €1.2m ▲19.8%
2 profitable years in a row build equity to €1.2m.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
2006
12-06
State Gazette act
IncorporationAppointment: DE DEYN Erwin Aloïs Jacques (statutory manager) · Founder · Founding capital4 facts ▸
State Gazette act
Incorporation
Appointment: DE DEYN Erwin Aloïs Jacques (statutory manager) · Founder · Founding capital4 facts ▸
- Incorporation, 23/05/2006
- Founder, DE DEYN Erwin Aloïs Jacques
- Founding capital, €18.600
- Director appointment, DE DEYN Erwin Aloïs Jacques (statutory manager)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 2 acts read
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2006
Ground area
1,054 m²
Building footprint
137 m²
Volume, LiDAR
824 m³
Parcel 23003B0023/00L000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEXELLENCE
since 20062.243.272.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003B0023/00L000 | Flanders | 1,054 m² | 1 · 137 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2006, 0 in office
- Board
| Name | Functions and periods |
|---|---|
| Erwin De Deyn |
|
Articles of association
Purpose
De vennootschap heeft, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, de volgende activiteiten tot voorwerp: 1. Administratie, consultancy…
Full purpose
De vennootschap heeft, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, de volgende activiteiten tot voorwerp: 1. Administratie, consultancy en managementactiviteiten... 2. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... 3. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium... 4. Het verwerven rechtstreeks of onrechtstreeks van participaties... 5. Het aangaan en toestaan van leningen...
Structure & network
Connections & network
8 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Fedustria
Shared director
→
La Maison des Syndicats
Shared director
→
VAMIX
Shared director
→
VANDEMOORTELE EEKLO
Shared director
→
Show 4 more companies with a shared director
VANDEMOORTELE GHISLENGHIEN
Shared director
→
VANDEMOORTELE IZEGEM
Shared director
→
VANDEMOORTELE SENEFFE
Shared director
→
VANDEMOORTELE TRANSPORT SOLUTIONS
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Capital and shareholders
Shareholders according to the acts
At incorporation
act of 12-06-2006 ↗
- DE DEYN Erwin Aloïs Jacques sole founder · 100% at incorporation
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 12-06-2006 Incorporation · 18,600 EUR · 186 shares
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,873 EUR awarded · 3,746 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,046 EUR | 1,046 EUR |
| 2024 | 1 | 873 EUR | 873 EUR |
| 2023 | 1 | 0 EUR | 873 EUR |
| 2022 | 1 | 954 EUR | 954 EUR |
Similar companies · same sector, comparable size
IMOTURK
BE 0812.071.132
Fernelmont · Eq €1,616,206
LOGWEB
BE 0886.286.525
Edegem · Eq €1,615,963
CDP
BE 0468.214.248
Londerzeel · Eq €1,617,555
SJONGERS
BE 0644.969.034
Antwerpen · Eq €1,615,316
GREDAN
BE 0448.340.037
Ninove · Eq €1,614,913
Of 82,601 companies in this sector we hold annual accounts for 52,629. 22,587 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded31-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881608650
Also
9925:BE0881608650
Registered
25-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.