EXCELLENCE & CO

Active

Private limited companyfounded 201411 yrs activeVan Ooststraat 4, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0563.752.419

The computed 12-month bankruptcy probability of EXCELLENCE & CO is 3.1% (moderate). The 2024 annual accounts show equity of €21k and a net result of €6k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

81 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+59

Solvency100=

Growth72▲+20

Track record100

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity ample (current ratio 27.2 against 7.61 in 2023; short-term debt: 3.2% and cash: 37.1% of total assets), and 3.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

96.8%

Return on assets

26.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

36 d early

2022

17 d early

2021

26 d early

2020

23 d early

2019

40 d late

← before the deadline after the deadline →

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

Turnover

€87k▲ 21.7%

2023 · €71k

2018: €55k 2019: €6k 2020: €46k 2021: €45k 2022: €71k 2023: €71k

2018 → 2024

EBIT margin

7.1%▲ 3.3pp

2023 · 3.7%

2018: 3.9% 2019: -15.6% 2020: 22.2% 2021: 25.5% 2022: 2.2% 2023: 3.7%

2018 → 2024

Net result

€6k▲ 2,112%

2023 · €264

2018: €2k 2019: €-2k 2020: €8k 2021: €-1k 2022: €1k 2023: €264

2018 → 2024

Working capital

€18k▲ 46.8%

2023 · €12k

2018: €5k 2019: €4k 2020: €12k 2021: €11k 2022: €12k 2023: €12k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€46k-€45k▼ 2.6%€71k▲ 56.0%€71k▲ 0.8%€87k▲ 21.7%

Equity€15k-€14k▼ 9.3%€15k▲ 9.6%€15k▲ 1.8%€21k▲ 38.4%

Operating result€10k-€12k▲ 11.9%€2k▼ 86.4%€3k▲ 69.0%€6k▲ 131%

Net result€8k-€-1k€1k€264▼ 79.8%€6k▲ 2,112%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 131% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €22k

12.5%

87.5%

Fixed assets €3k=

Current assets €19k▲ 32.4%

Equity and liabilities €22k

96.8%

Equity €21k▲ 38.4%

Debt €700▼ 62.9%

The debt ratio falls from 11.0% to 3.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

Solvency

96.8%▲

2023 · 89.0%

Current ratio

27.20▲

2023 · 7.61

Quick ratio

12.86▲

2023 · 2.88

Debt / equity

0.03▼

2023 · 0.12

ROE

27.8%▲

2023 · 1.7%

ROA

26.9%▲

2023 · 1.5%

Debt

€700▼

2023 · €2k

Debt ≤ 1 year

€700▼

2023 · €2k

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€17k€22k▲

Fixed assets21/28€3k€3k=

Financial fixed assets28€3k€3k=

Current assets29/58€14k€19k▲

Stocks and contracts in progress3€9k€10k▲

Stocks30/36€9k€10k▲

Amounts receivable within one year40/41€863€935▲

Trade receivables40€369€117▼

Other amounts receivable41€494€818▲

Cash at bank and in hand54/58€5k€8k▲

Equity and liabilities

Total equity and liabilities10/49€17k€22k▲

Equity10/15€15k€21k▲

Contributions10/11€8k€8k=

Outside capital11€8k€8k=

Share premium1100/10€8k€8k=

Profit (loss) carried forward14€8k€13k▲

Amounts payable17/49€2k€700▼

Amounts payable within one year42/48€2k€700▼

Trade debts44€1k€700▼

Suppliers440/4€1k€700▼

Taxes, remuneration and social security45€888-

Taxes450/3€315-

Remuneration and social security454/9€574-

Income statement Code20232024

Turnover70€71k€87k▲

Goods, raw materials, services and sundry goods60/61€68k€80k▲

Other operating charges640/8€226€207▼

Gross operating margin9900€3k€6k▲

Operating profit (loss)9901€3k€6k▲

Financial charges65/66B€1k€280▼

Recurring financial charges65€156€263▲

Non-recurring financial charges66B€1k€18▼

Profit (loss) for the period before taxes9903€1k€6k▲

Income taxes67/77€1k-

Profit (loss) for the period9904€264€6k▲

Profit (loss) for the period to be appropriated9905€264€6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€8k€13k▲

Profit (loss) brought forward from the previous period14P€7k€8k▲

The notes to these accounts (1 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

All 16Financial 6Filings 10

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity quadruplescurrent ratio 27.20

Current ratio from 7.61 to 27.20; short-term debt falls from €2k to €700.

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity triplescurrent ratio 7.61

Current ratio from 2.72 to 7.61; short-term debt falls from €7k to €2k.

14-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

05-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

08-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

31-12

Financial Liquidity times 13current ratio 20.75

Current ratio from 1.63 to 20.75; short-term debt falls from €7k to €624.

09-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 40 days late

2019

31-12

Financial Weakest financial yearnet €-2k ▼224%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

10-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

26-09

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 57 days late

2017

07-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 38 days late

2016

23-06

NBB filing Annual accounts filed

fiscal year 2015 · full 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, Schaarbeek · 1 establishment unit since 2014

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.

Van Ooststraat 41030 Schaarbeek

Ground area

47 m²

Building footprint

44 m²

Volume, LiDAR

597 m³

Parcel 21910E0123/00D002, Brussels · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

EXCELLENCE & CO

Van Ooststraat 4, 1030 SchaarbeekLimited-service restaurants

since 20142.235.851.780

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21910E0123/00D002	Brussels	47 m²	1 · 44 m²	15.7 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Schaarbeek2.235.851.780

1 permission

Toelating · Eetgelegenheid · since 15-12-2014

Similar companies · same sector, comparable size

Sint-Joost-ten-Node · Eq €21k

L'ENTRACTE DE LA MARLIERE

Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 8,126 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-10-2014

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.