Active · per the CBE, 1 October 2026

EXCELCO

BE0478626605

Rechtspersoon Private limited company 1 establishment

EXCELCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 23 October 2002, 1 establishment.

Genkersteenweg 388, 3500 Hasselt

Behind the company: PAUL HERMANS.

Active for

23 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

EXCELCO from Hasselt, company number BE0478626605, closed financial year 2025 with a result of € 30,074 after tax. For that financial year EXCELCO recorded a gross margin of € 99,265 and equity of € 505,076. Compared with financial year 2024, the result moved from € 67,486 to € 30,074. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.

What it is worth Growing

€ 505,076

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 30,074

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 175,772

▲ 119% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 366,526.

People and assets in 2025

Vehicles and equipment

€ 9,107

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 897,655

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2,727

▼ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 24,619

▼ 27% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 134,303 € 136,158 € 138,081 € 99,265 ▼ 28%
Profit after taxes € 54,192 € 48,171 € 67,486 € 30,074 ▼ 55%
Equity € 359,344 € 407,516 € 475,002 € 505,076 ▲ 6%
Total debts € 1,816,117 € 1,940,196 € 1,728,184 € 1,668,819 ▼ 3%
Cash € 274,949 € 26,504 € 80,163 € 175,772 ▲ 119%
Land & buildings € 332,128 € 318,722 € 300,576 € 275,974 ▼ 8%
Retained profit € 220,794 € 268,966 € 336,452 € 366,526 ▲ 9%
Bank debt € 897,655 € 1,097,655 € 897,655 € 897,655
Balance sheet total € 2,175,461 € 2,347,711 € 2,203,186 € 2,173,895 ▼ 1%

Key figures of EXCELCO, 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 EXCELCO?

What happened at EXCELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 30,074 (▼ 55% vs 2024). Source: NBB ↗
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 54,192 profit in 2022 to € 30,074 profit in 2025.

Paid € 110,198 in corporate taxes since 2022.

Best year ever: 2024, with € 67,486 profit.

Original PDFs at the National Bank ↗

A new publication or filing at EXCELCO? We notify you, reason included.

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My folder 3 companies
  • De Lijn 8 June 2026 New annual account 2025

    filed on 8 June 2026

    What was left

    € 20 k ▼ 91%

    Money in the bank

    € 178 k ▼ 98%

    Open the dossier →

  • NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
  • bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Real filings at the National Bank

Management

PAUL HERMANS
EXCELCO
Intellifin nv 100%

Behind EXCELCO is PAUL HERMANS. It owns 100% of Intellifin nv itself.

See the full network in the app

Directors

According to the 2025 annual accounts

PAUL HERMANS

Director

Also active at: INTELLIFIN

Establishments

Establishment units

Physical locations of this company

Registered office

Genkersteenweg 388

3500 Hasselt

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 →

INTELLIFIN same network

€ 567,902 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0478.626.605
VAT number
BE 0478.626.605
Registered office
Genkersteenweg 388, 3500 Hasselt
Names & denominations
EXCELCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
23 October 2002
Peppol
Active · Active since 30 Jan 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

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View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does EXCELCO do?
EXCELCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 23 October 2002, 1 establishment.
What is the address of EXCELCO?
The registered office of EXCELCO is located at Genkersteenweg 388, 3500 Hasselt.
Is EXCELCO still active?
Yes. According to the CBE (1 October 2026) EXCELCO is active, legal situation “Normale toestand”, started on 23 October 2002.
Is EXCELCO registered on Peppol?
Yes, EXCELCO is registered on the Peppol network with ID 0208:0478626605.
What is the enterprise number of EXCELCO?
The enterprise number of EXCELCO is BE0478626605.
When was EXCELCO founded?
EXCELCO was founded on 23 October 2002.