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Xceptional Concepts

Active
Private limited companyfounded 2011active for 15 yearsWortegemseweg 115, 8790 Waregem, BelgiumKBO/BCE: BE 0839.970.213
Summary

The computed 12-month bankruptcy probability of Xceptional Concepts is 2.1% (moderate). The 2025 annual accounts show equity of €207,949 and a net result of -€89,656. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 43% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 05-10-2011 Normal situation
Activity
Full-service restaurants NACE 56111and 4 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.203.721.818 8790 Waregem, since 05-10-2011
2.389.037.942 8790 Waregem, since 01-08-2026
Financial year end
31 December
Peppol
Reachable since 31-08-2023

Board and ownership

Board
  • Beeusaert CarenDirector · since 09-10-2023
  • Beeusaert IsabelleDirector · since 09-10-2023
  • BEPA INVESTDirector · since 09-10-2023 · permanent representative Beeusaert Pascal
and 1 other

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
€305,200
▼ 18.4%
Turnover
≈ €720,000
estimated
Loss
€89,656
Equity
€207,949
▼ 30.1%
Total assets
€902,777
▼ 10.8%
Employees on 31-12-2025
4
=
Filed on 15-07-2026, 16 days before the deadline
Score breakdownraises riskLoss of €89,656 (financial year 2025)Liquidity: current ratio 0.30, cash €9,156, halvedSector: Food and beverage service activities (NACE 56)Equity €207,949 (23.0% of total assets)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 48-6
equity 23.0% of total assets
Liquidity 38-5
short-term debt 30.5% · cash 1.0%
Profitability 6-69
return on assets -9.9%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.2 percentage points vs 03-2025 05-2025: 1.9%▲ +0.3 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.2%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 1.3%▼ -0.9 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 0.8%▼ -0.5 percentage points vs 11-2025lowest value 01-2026: 0.8%● unchanged vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026lowest value 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.2 percentage points vs 06-2026 08-2026: 2.1%▲ +1.0 percentage point vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026 11-2026: 2.1%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.3 (0.5 in 2024), below 1. Short-term debt is 30.5% and cash 1% of total assets. 77% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 44% of them on solvency, 33% on liquidity, 20% on profitability and 20% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Loss of €89,656 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.30, cash €9,156, halved
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €207,949 (23.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
19 days early
2023
14 days early
2022
7 days early
2021
17 days late
2020
19 days early
2019
81 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €53,282 in 2024 -€89,656 View
  • Caution: Lower net result than 94% of companies in food and beverage servicesector median €10,390 · 4,780 companies -€89,656 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Registered office moved within WaregemChanges of role: Loquet Charlotte, Beeusaert Isabelle and 2 others · Permanent representative: Beeusaert Pascal
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Xceptional Concepts: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €718,000 and €893,000, founded between 2005 and 2014.

CompanyTotal assetsGross margin
Xceptional Concepts Waregem€902,777€305,200
Restaurant LOTIÈR Malle€849,384€273,907
Rode Quartet Jabbeke€893,273€387,228
LAVINIA Brugge€718,464€390,668
OMV Middelkerke€892,099€404,729
VILLA NOVA Middelkerke€848,711€348,129
Het Tomme Goed Tielt€835,821€437,596
Full comparison

Key facts about Xceptional Concepts

What is the company number of Xceptional Concepts?
The company number of Xceptional Concepts is 0839.970.213. The VAT number is the same number with BE in front: BE 0839.970.213.
Where is Xceptional Concepts based?
The registered office is at Wortegemseweg 115, 8790 Waregem.Company details
What does Xceptional Concepts do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Xceptional Concepts?
The legal form of Xceptional Concepts is Private limited company (BV).
When was Xceptional Concepts founded?
Xceptional Concepts was founded on 05-10-2011.
Is Xceptional Concepts still active?
Yes, Xceptional Concepts is an active enterprise in the KBO register.
How many employees does Xceptional Concepts have?
Xceptional Concepts had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Xceptional Concepts fall under?
In its 2025 annual accounts, Xceptional Concepts states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Xceptional Concepts?
The turnover in financial year 2025 is ≈ €720,000. This figure is estimated from the gross margin of €305,200 and 43 comparable companies (NACE 56111). It probably lies between €670,000 and €990,000.
Is Xceptional Concepts profitable?
In financial year 2025, Xceptional Concepts made a loss of €89,656.
Where can I find the annual accounts of Xceptional Concepts?
Xceptional Concepts filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Xceptional Concepts due?
Xceptional Concepts must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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