Financials
Financial year 2025
Excelsior from Ieper, company number BE0405491771, closed financial year 2025 with a result of € 86,308 after tax. For that financial year Excelsior recorded a gross margin of € 146,092 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 82,510 to € 86,308. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 1.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,308
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 173,199
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
58 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,500
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 125,916 | € 142,902 | € 146,124 | € 146,092 | |
| Profit after taxes | € 65,480 | € 77,619 | € 82,510 | € 86,308 | ▲ 5% |
| Equity | € 1,104,299 | € 1,121,918 | € 1,144,428 | € 1,180,736 | ▲ 3% |
| Total debts | € 61,852 | € 60,000 | € 60,000 | € 50,000 | ▼ 17% |
| Cash | € 282,150 | € 310,368 | € 141,382 | € 173,199 | ▲ 23% |
| Land & buildings | € 881,913 | € 869,496 | € 856,993 | € 849,902 | ▼ 1% |
| Retained profit | € 298,118 | € 315,738 | € 338,248 | € 374,555 | ▲ 11% |
| Dividend | € 60,000 | € 60,000 | € 60,000 | € 50,000 | ▼ 17% |
| Balance sheet total | € 1,166,151 | € 1,181,918 | € 1,204,428 | € 1,230,736 | ▲ 2% |
Key figures of Excelsior, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Excelsior?
What happened at Excelsior in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert GEERITS stepped down as director. NBB
- Margaretha GEERITS stepped down as director. NBB
- Marc GEERITS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 86,308 (▲ 5% vs 2024). Source: NBB ↗
- Geert GEERITS became a director. NBB
- Margaretha GEERITS became a director. NBB
- Marc GEERITS became a director. NBB
- New establishment in Ieper. KBO
In short
From € 65,480 profit in 2022 to € 86,308 profit in 2025.
Paid € 145,407 in corporate taxes since 2022.
Best year ever: 2025, with € 86,308 profit.
Paid out € 230,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Geert GEERITS
Managing director
since 2024 · until 2030
Margaretha GEERITS
Managing director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Grote Markt 39
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.491.771
- VAT number
- BE 0405.491.771
- Registered office
- Grote Markt 39, 8900 Ieper
- Names & denominations
- Excelsior
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1945
- Peppol
- Active · Active since 16 Apr 2025