Financials
Financial year 2025
Excellent from Zonnebeke, company number BE0722919818, closed financial year 2025 with a result of € 13,927 after tax. For that financial year Excellent recorded a gross margin of € 43,001 and equity of € 111,465. Compared with financial year 2024, the result moved from € 2,356 to € 13,927. 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 28, 2026.
€ 111,465
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,927
▲ € 11,571 vs 2024
Profit after tax over the fiscal year.
€ 78,500
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,600 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 2,051
▼ 76% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,624
▲ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,799
€ 7,767 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,643
▲ 133% 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 | € 53,247 | € 51,775 | € 36,906 | € 43,001 | ▲ 17% |
| Profit after taxes | € 27,801 | € 22,164 | € 2,356 | € 13,927 | ▲ € 11,571 |
| Equity | € 77,818 | € 98,382 | € 99,138 | € 111,465 | ▲ 12% |
| Total debts | € 68,098 | € 26,500 | € 37,384 | € 43,888 | ▲ 17% |
| Cash | € 90,075 | € 40,370 | € 47,630 | € 78,500 | ▲ 65% |
| Retained profit | € 71,618 | € 92,182 | € 92,938 | € 105,265 | ▲ 13% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 1,600 | |
| Bank debt | € 2,500 | € 2,500 | € 14,814 | € 14,799 | |
| Balance sheet total | € 145,916 | € 124,883 | € 136,522 | € 155,353 | ▲ 14% |
Key figures of Excellent, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Excellent?
What happened at Excellent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,927 (▲ € 11,571 vs 2024). filed late Source: NBB ↗
- Steve Merlot became a director. NBB
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
- Inge Ghyselen became a director. NBB
In short
From € 27,801 profit in 2022 to € 13,927 profit in 2025.
Paid € 29,271 in corporate taxes since 2022.
Best year ever: 2022, with € 27,801 profit.
Paid out € 6,400 in dividends to the owners in total.
Management
Behind Excellent are Steve Merlot and Inge Ghyselen.
Directors
According to the 2025 annual accounts
Steve Merlot
Director
since 2019
Inge Ghyselen
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Menenstraat 125
8980 Zonnebeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.919.818
- VAT number
- BE 0722.919.818
- Registered office
- Menenstraat 125, 8980 Zonnebeke
- Names & denominations
- Excellent
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2019
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Verspanend bewerken van metalen
Kappers- en barbiersactiviteiten
Overige zakelijke dienstverlening, neg
Haarverzorging