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LEXELLENCE

Active
Private limited companyfounded 200620 yrs activeGrote Baan 136, 1650 Beersel, BelgiumKBO/BCE: BE 0881.608.650

LEXELLENCE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.62M and a net result of €72k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
86 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-10
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.9% 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 riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.1%
Return on assets
4.4%
Age of the figures
20 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 filings
Deviation 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 →
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

Financials · fiscal year 2024, micro schema

Equity
€1.62M▲ 4.6%
2023 · €1.55M
2018: €969k 2019: €1.16M 2020: €1.30M 2021: €1.33M 2022: €1.45M 2023: €1.55M
2018 → 2024
Total assets
€1.63M▲ 4.1%
2023 · €1.57M
2018: €974k 2019: €1.19M 2020: €1.31M 2021: €1.38M 2022: €1.48M 2023: €1.57M
2018 → 2024
Net result
€72k▼ 28.0%
2023 · €99k
2018: €194k 2019: €192k 2020: €137k 2021: €34k 2022: €113k 2023: €99k
2018 → 2024
Working capital
€1.51M▲ 6.1%
2023 · €1.43M
2018: €883k 2019: €1.07M 2020: €1.21M 2021: €1.24M 2022: €1.35M 2023: €1.43M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.30M-€1.33M▲ 2.7%€1.45M▲ 8.5%€1.55M▲ 6.9%€1.62M▲ 4.6%
Operating result€184k-€54k▼ 70.6%€138k▲ 155%€117k▼ 15.0%€71k▼ 39.8%
Net result€137k-€34k▼ 74.9%€113k▲ 229%€99k▼ 12.2%€72k▼ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €184k€184kNet result 2020: €137k€137kOperating result 2021: €54k€54kNet result 2021: €34k€34kOperating result 2022: €138k€138kNet result 2022: €113k€113kOperating result 2023: €117k€117kNet result 2023: €99k€99kOperating result 2024: €71k€71kNet result 2024: €72k€72k20202021202220232024
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 €1.63M
Fixed assets €102k▼ 14.2%
Current assets €1.53M▲ 5.6%
Equity and liabilities €1.63M
Equity €1.62M▲ 4.6%
Debt €14k▼ 34.6%
The debt ratio falls from 1.4% to 0.9%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€88k
2023 · €137k
Cash flow
€89k
2023 · €119k
Solvency
99.1%
2023 · 98.6%
Debt / equity
0.01
2023 · 0.01
ROE
4.4%
2023 · 6.4%
ROA
4.4%
2023 · 6.3%
Interest coverage
426.29
2023 · 551.07
Debt
€14k
2023 · €21k
Debt ≤ 1 year
€14k
2023 · €19k
Income taxes
€28k
2023 · €31k
A ratio outside any meaningful range has been withheld (balance sheet total €1.63M, equity €1.62M).
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€1.57M€1.63M
Fixed assets21/28€119k€102k
Tangible fixed assets22/27€119k€102k
Land and buildings22€72k€71k
Furniture and vehicles24€26k€13k
Other tangible fixed assets26€21k€18k
Financial fixed assets28€25€25=
Current assets29/58€1.45M€1.53M
Amounts receivable within one year40/41€20k€25k
Trade receivables40-€961
Other amounts receivable41€20k€24k
Current investments50/53-€1.19M
Cash at bank and in hand54/58€1.43M€301k
Deferred charges and accrued income490/1€1k€10k
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.63M
Equity10/15€1.55M€1.62M
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€122k€122k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€120k€120k=
Profit (loss) carried forward14€1.41M€1.48M
Amounts payable17/49€21k€14k
Amounts payable within one year42/48€19k€14k
Trade debts44€2k€4k
Suppliers440/4€2k€4k
Taxes, remuneration and social security45€17k€10k
Taxes450/3€17k€10k
Accrued charges and deferred income492/3€3k€500
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k
Other operating charges640/8€8k€5k
Gross operating margin9900€145k€94k
Operating profit (loss)9901€117k€71k
Financial income75/76B€13k€29k
Recurring financial income75€13k€29k
Financial charges65/66B€248€207
Recurring financial charges65€248€207
Profit (loss) for the period before taxes9903€130k€99k
Income taxes67/77€31k€28k
Profit (loss) for the period9904€99k€72k
Profit (loss) for the period to be appropriated9905€99k€72k
Appropriation of the result
Profit (loss) to be appropriated9906€1.41M€1.48M
Profit (loss) brought forward from the previous period14P€1.31M€1.41M

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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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 Statutes amendment · Legal-form change · Resignations & appointments
General meeting · Purpose change · Statutes amendment12 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
  • Corporate 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. Adminis…
  • Director resignation, DE DEYN Erwin (statutaire zaakvoerder)
  • Director appointment, DE DEYN Erwin (niet-statutair bestuurder)
  • 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 €34k ▼74.9%
Net result drops to €34k, 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 €1.16M ▲19.8%
2 profitable years in a row build equity to €1.16M.
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 Incorporation
Incorporation · Founder · Corporate purpose6 facts ▸
  • Incorporation, 23/05/2006
  • Founder, DE DEYN Erwin Aloïs Jacques
  • Corporate purpose, De vennootschap heeft tot doel het uitoefenen van het beroep van advocaat, hetzij alleen, hetzij met anderen, en alle aanverwante activiteiten die verenigbaar z…
  • Founding capital, €18.600
  • Director appointment, DE DEYN Erwin Aloïs Jacques (statutaire zaakvoerder)
  • First fiscal year, 31/12/2007, 23/05/2006
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2023
DE DEYN Erwin Aloïs Jacques
Statutaire zaakvoerder · since 23-05-2006
Not recently confirmed
18-09-2023 Erwin De Deyn: Resigned as Statutaire zaakvoerder
06-09-2023 Erwin De Deyn: Appointed as Non-statutory director
23-05-2006 DE DEYN Erwin Aloïs Jacques: Appointed as Statutaire zaakvoerder
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Grote Baan 1361650 Beersel
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
Grote Baan 136, 1650 BeerselFinancial service activities, except insurance and pension funding
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
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.

Structure & network

Connections & network

8 connected companies

Ownership & control

2 parties
LEXELLENCEBE 0881.608.650
controls
Where this company holds controlthis company sits on their board2
1 location
1 location

Capital and shareholders

Founding capital 18,600 EUR · 186 shares
founder: DE DEYN Erwin Aloïs Jacques
State Gazette act of 12-06-2006

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,873 EUR awarded · 3,746 EUR paid
Year Entries awardedpaid
2025 1 1,046 EUR1,046 EUR
2024 1 873 EUR873 EUR
2023 1 0 EUR873 EUR
2022 1 954 EUR954 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,873 EUR · 3,746 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 22,495 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-05-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.