EXELENTIA
ActiveEXELENTIA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €26k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+90
Solvency100▲+16
Growth46▲+4
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 1.53 in 2024), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
66.4%
Return on assets
34.7%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
59 d late
2023
26 d late
2022
15 d late
2021
18 d late
2020
22 d late
2019
1 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€174k▲ 25.9%
2024 · €138k
2018: €177k
2019: €205k
2020: €181k
2021: €188k
2022: €188k
2023: €188k
2024: €138k
2018 → 2025
EBIT margin
20.7%▲ 20.4pp
2024 · 0.3%
2018: 21.9%
2019: 29.8%
2020: 22.8%
2021: 17.5%
2022: 15.8%
2023: 16.9%
2024: 0.3%
2018 → 2025
Net result
€26k
2024 · €-2k
2018: €37k
2019: €49k
2020: €31k
2021: €22k
2022: €19k
2023: €21k
2024: €-2k
2018 → 2025
Working capital
€43k▲ 232%
2024 · €13k
2018: €19k
2019: €15k
2020: €19k
2021: €25k
2022: €25k
2023: €26k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€188k-€188k▼ 0.4%€188k▲ 0.4%€138k▼ 26.7%€174k▲ 25.9%
Equity€26k-€25k▼ 3.9%€26k▲ 4.4%€24k▼ 7.8%€50k▲ 110%
Operating result€33k-€30k▼ 10.1%€32k▲ 7.4%€433▼ 98.6%€36k▲ 8,221%
Net result€22k-€19k▼ 13.3%€21k▲ 11.0%€-2k€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8,221% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€7k▼ 35.1%
Current assets
€68k▲ 81.8%
Equity and liabilities €75k
Equity
€50k▲ 110%
Debt
€25k▲ 2.9%
The debt ratio falls from 50.8% to 33.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€41k▲
2024 · €4k
Cash flow
€31k▲
2024 · €1k
Solvency
66.4%▲
2024 · 49.2%
Current ratio
2.70▲
2024 · 1.53
Quick ratio
2.70▲
2024 · 1.53
Debt / equity
0.51▼
2024 · 1.03
ROE
52.3%▲
2024 · -8.4%
ROA
34.7%▲
2024 · -4.1%
Interest coverage
174.61▲
2024 · 11.21
Debt
€25k▲
2024 · €25k
Debt ≤ 1 year
€25k▲
2024 · €25k
Income taxes
€10k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€75k▲
Fixed assets21/28€11k€7k▼
Tangible fixed assets22/27€11k€7k▼
Furniture and vehicles24€11k€7k▼
Current assets29/58€38k€68k▲
Amounts receivable within one year40/41€13k€20k▲
Trade receivables40€13k€20k▲
Cash at bank and in hand54/58€20k€44k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€48k€75k▲
Equity10/15€24k€50k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€16k€42k▲
Amounts payable17/49€25k€25k▲
Amounts payable within one year42/48€25k€25k▲
Trade debts44€2k€661▼
Suppliers440/4€2k€661▼
Taxes, remuneration and social security45€14k€24k▲
Taxes450/3€14k€24k▲
Other amounts payable47/48€9k€1k▼
Income statement
Code20242025
Turnover70€138k€174k▲
Goods, raw materials, services and sundry goods60/61€133k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€5k€43k▲
Operating profit (loss)9901€433€36k▲
Financial charges65/66B€318€235▼
Recurring financial charges65€318€235▼
Profit (loss) for the period before taxes9903€115€36k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€-2k€26k▲
Profit (loss) for the period to be appropriated9905€-2k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€42k▲
Profit (loss) brought forward from the previous period14P€18k€16k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼110%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
22-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €49k ▲32.8%
Operating result €61k, net result €49k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2010
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.
Avenue de l'Eté 481410 WaterlooGround area
1,356 m²
Building footprint
235 m²
Volume, LiDAR
1,326 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Exelentia
since 20102.188.449.464
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054D0048/00E002 | Wallonia | 703 m² | 1 · 96 m² | 6.8 m · 2 fl. |
| 25110B0356/00_000 | Wallonia | 654 m² | 1 · 139 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,422 companies in sector 82990 we hold annual accounts for 9,361. 6,856 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2010
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73110Advertising agencies
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.