Financials
Financial year 2025
EXCELEVATE from Hasselt, company number BE0733855082, closed financial year 2025 with a result of € 12,539 after tax. For that financial year EXCELEVATE recorded a gross margin of € 19,807 and equity of € 5,273. Compared with financial year 2024, the result moved from € 25,292 to € 12,539. The company is profitable. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 5,273
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,539
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 70,797
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,513
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 1,338
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,105
▲ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,073 | € 73,541 | € 33,750 | € 19,807 | ▼ 41% |
| Profit after taxes | € 2,985 | € 57,469 | € 25,292 | € 12,539 | ▼ 50% |
| Equity | € 64,973 | € 82,442 | € 92,735 | € 5,273 | ▼ 94% |
| Total debts | € 11,684 | € 56,071 | € 23,365 | € 111,619 | ▲ € 88,254 |
| Cash | € 32,114 | € 77,281 | € 79,289 | € 70,797 | ▼ 11% |
| Retained profit | € 59,973 | € 77,442 | € 87,735 | € 273 | ▼ € 87,461 |
| Dividend | € 0 | € 40,000 | € 15,000 | € 100,000 | ▲ € 85,000 |
| Bank debt | € 31 | € 0 | € 228 | € 18 | ▼ 92% |
| Balance sheet total | € 76,656 | € 138,513 | € 116,100 | € 116,892 | ▲ 1% |
Key figures of EXCELEVATE, 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 EXCELEVATE?
What happened at EXCELEVATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,539 (▼ 50% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,985 profit in 2022 to € 12,539 profit in 2025.
Paid € 26,605 in corporate taxes since 2022.
Best year ever: 2023, with € 57,469 profit.
Paid out € 155,000 in dividends to the owners in total.
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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
Management
Directors
According to the 2025 annual accounts
Wout Keunen
Director
Establishments
Establishment units
Physical locations of this company
Boekstraat 38
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
DUOCAST-AS, NL
Website info
Features
Security
Details
- Company number
- 0733.855.082
- VAT number
- BE 0733.855.082
- Registered office
- Boekstraat 38, 3500 Hasselt
- Names & denominations
- EXCELEVATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2019
- Peppol
- Active · Active since 24 Sept 2025
- Contact
- excelevate.be [email protected]
- Activities · NACE
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