EXCALIBUR CONSULTING
ActiveSummary
EXCALIBUR CONSULTING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €522k and a net result of €39k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 10.13 against 4.05 in 2024; short-term debt: 2% and cash: 14.4% of total assets), and 2% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 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
98%
Return on assets
7.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €522k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
34 d early
2023
54 d early
2022
59 d early
2021
83 d early
2020
36 d early
2019
92 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€522k▲ 8.2%
2024 · €482k
2018: €452k
2019: €445k
2020: €463k
2021: €467k
2022: €500k
2023: €439k
2024: €482k
2018 → 2025
Total assets
€533k▲ 6.2%
2024 · €501k
2018: €596k
2019: €595k
2020: €589k
2021: €582k
2022: €527k
2023: €461k
2024: €501k
2018 → 2025
Net result
€39k▼ 8.8%
2024 · €43k
2018: €25k
2019: €22k
2020: €31k
2021: €26k
2022: €45k
2023: €40k
2024: €43k
2018 → 2025
Working capital
€99k▲ 69.3%
2024 · €58k
2018: €31k
2019: €39k
2020: €67k
2021: €73k
2022: €49k
2023: €12k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€467k-€500k▲ 7.0%€439k▼ 12.1%€482k▲ 9.8%€522k▲ 8.2%
Operating result€39k-€65k▲ 68.0%€55k▼ 14.9%€60k▲ 9.4%€55k▼ 8.5%
Net result€26k-€45k▲ 73.8%€40k▼ 11.9%€43k▲ 9.2%€39k▼ 8.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533k
Fixed assets
€423k ▼ 0.2%
Current assets
€110k ▲ 41.5%
Equity and liabilities €533k
Equity
€522k ▲ 8.2%
Debt
€11k ▼ 43.4%
Debt's share of the balance-sheet total falls from 3.8% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €84k
Cash flow
€67k▼
2024 · €67k
Current ratio
10.13▲
2024 · 4.05
Debt to equity
0.02▼
2024 · 0.04
ROE
7.6%▼
2024 · 9.0%
ROA
7.4%▼
2024 · 8.6%
Interest coverage
1169.50▲
2024 · 844.51
Debt ≤ 1 year
€11k▼
2024 · €19k
Income taxes
€16k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€501k€533k▲
Fixed assets21/28€424k€423k▼
Tangible fixed assets22/27€424k€423k▼
Land and buildings22€420k€420k=
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€90€0▼
Financial fixed assets28€19€19=
Current assets29/58€77k€110k▲
Amounts receivable within one year40/41€35k€32k▼
Trade receivables40€24k€28k▲
Other amounts receivable41€11k€4k▼
Current investments50/53€37k-
Cash at bank and in hand54/58€5k€77k▲
Deferred charges and accrued income490/1€792€826▲
Equity and liabilities
Total equity and liabilities10/49€501k€533k▲
Equity10/15€482k€522k▲
Contributions10/11€208k€208k=
Reserves13€275k€314k▲
Distributable reserves133€275k€314k▲
Amounts payable17/49€19k€11k▼
Amounts payable within one year42/48€19k€11k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€16k€8k▼
Taxes450/3€16k€8k▼
Other amounts payable47/48€52€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€27k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€87k€85k▼
Operating profit (loss)9901€60k€55k▼
Financial income75/76B€89€41▼
Recurring financial income75€89€41▼
Financial charges65/66B€100€70▼
Recurring financial charges65€100€70▼
Profit (loss) for the period before taxes9903€60k€55k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€43k€39k▼
Profit (loss) for the period to be appropriated9905€43k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€39k▼
Transfer to equity691/2€43k€39k▼
To other reserves6921€43k€39k▼
The notes to these accounts (10 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 10.13
Current ratio from 4.05 to 10.13; short-term debt falls from €19k to €11k.
31-12
Financial
Equity above €500kEq €522k ▲8.2%
8 profitable years in a row build equity to €522k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.05
Current ratio from 1.53 to 4.05; short-term debt falls from €22k to €19k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €45k ▲73.8%
Operating result €65k, net result €45k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €22k ▼13.7%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
Show earlier events
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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 2000
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.
Haagstraat (STG) 199200 DendermondeGround area
1,153 m²
Building footprint
228 m²
Volume, LiDAR
1,202 m³
Parcel 42021B0176/00P000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Haagstraat (STG) 19, 9200 Dendermonde
since 20002.099.403.266
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021B0176/00P000 | Flanders | 1,153 m² | 1 · 228 m² | 9.1 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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Indumed
BE 0812.402.615
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ATLANTIC BALLOONING
BE 0467.022.534
Destelbergen · Eq €520,852
FOSEA
BE 0884.448.176
Chaumont-Gistoux · Eq €520,571
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 11,786 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.