LEXELLENCE
ActiveSummary
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 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
85
/ 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
Profitability74▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
short-term debt: 0.8% and cash: 18.5% of total assets, and 0.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 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 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 2024Solvency, return and age of the figures
Solvency
99.1%
Return on assets
4.4%
Age of the figures
21 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 filingsDeviation 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 →
Checked, nothing found (1)
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
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%
Debt's share of the balance-sheet total falls from 1.4% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2023 · €137k
Cash flow
€89k▼
2023 · €119k
Debt to 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 ≤ 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 to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
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.
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
Resignation: DE DEYN Erwin (statutory manager)Appointment: DE DEYN Erwin (non-statutory director) · Purpose change · Statutes amendment11 facts ▸
State Gazette act
Resignation: DE DEYN Erwin (statutory manager)
Appointment: DE DEYN Erwin (non-statutory director) · Purpose change · Statutes amendment11 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
- Director resignation, DE DEYN Erwin (statutory manager)
- Director appointment, DE DEYN Erwin (non-statutory director)
- 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
IncorporationAppointment: DE DEYN Erwin Aloïs Jacques (statutory manager) · Founder · Founding capital4 facts ▸
State Gazette act
Incorporation
Appointment: DE DEYN Erwin Aloïs Jacques (statutory manager) · Founder · Founding capital4 facts ▸
- Incorporation, 23/05/2006
- Founder, DE DEYN Erwin Aloïs Jacques
- Founding capital, €18.600
- Director appointment, DE DEYN Erwin Aloïs Jacques (statutory manager)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-09-2023
Resigned as Statutory manager
06-09-2023
Appointed as Non-statutory director
23-05-2006
Appointed as Statutory manager
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2006
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 BeerselGround 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
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.
Articles of association
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. Administratie, consultancy…
Full 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. Administratie, consultancy en managementactiviteiten... 2. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... 3. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium... 4. Het verwerven rechtstreeks of onrechtstreeks van participaties... 5. Het aangaan en toestaan van leningen...
Structure & network
Connections & network
8 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 4 more companies with a shared director
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Capital and shareholders
Shareholders according to the acts
At incorporation
act of 12-06-2006 ↗
- DE DEYN Erwin Aloïs Jacques founder
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 12-06-2006 Incorporation · 18,600 EUR · 186 shares
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,873 EUR awarded · 3,746 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,046 EUR | 1,046 EUR |
| 2024 | 1 | 873 EUR | 873 EUR |
| 2023 | 1 | 0 EUR | 873 EUR |
| 2022 | 1 | 954 EUR | 954 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
IMOTURK
BE 0812.071.132
Fernelmont · Eq €1,616,206
LOGWEB
BE 0886.286.525
Edegem · Eq €1,615,963
CDP
BE 0468.214.248
Londerzeel · Eq €1,617,555
SJONGERS
BE 0644.969.034
Antwerpen · Eq €1,615,316
BELLEFARMA
BE 0866.332.041
Boutersem · Eq €1,618,134
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 22,579 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
Founded31-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.