Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Extel from Gent, company number BE0736510112, closed financial year 2025 with a result of € -31,691 after tax. For that financial year Extel recorded a gross margin of € -22,176 and equity of € -53,877. Compared with financial year 2024, the result moved from € -922 to € -31,691. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ -53,877
▼ € 31,691 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,691
▼ 3335 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,877.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 54,783
▲ 174% vs 2024
€ 5,755 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 41,285
▲ 216% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,571
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 | € 6,674 | € -2,990 | € 951 | € -22,176 | ▼ € 23,126 |
| Profit after taxes | € 2,146 | € -4,668 | € -922 | € -31,691 | ▼ € 30,769 |
| Equity | € -16,595 | € -21,263 | € -22,186 | € -53,877 | ▼ € 31,691 |
| Total debts | € 24,295 | € 24,655 | € 84,964 | € 107,725 | ▲ 27% |
| Cash | € 53 | € 12 | € 22,549 | € 0 | ▼ 100% |
| Retained profit | € -22,595 | € -27,263 | € -28,186 | € -59,877 | ▼ € 31,691 |
| Bank debt | € 18,890 | € 6,816 | € 20,000 | € 54,783 | ▲ 174% |
| Balance sheet total | € 7,701 | € 3,391 | € 62,779 | € 53,848 | ▼ 14% |
Key figures of Extel, 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 Extel?
What happened at Extel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,691. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,146 profit in 2022 to € 31,691 loss in 2025.
Best year ever: 2022, with € 2,146 profit.
Management
Behind Extel is Vincent Verschooris. Vincent Verschooris is also behind VERNE DREAMING and DOUBLE V.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bennesteeg 7
9000 Gent
Struifstraat 1
9000 Gent
Active since 17 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0736.510.112
- VAT number
- BE 0736.510.112
- Registered office
- Bennesteeg 7, 9000 Gent
- Names & denominations
- Extel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2019
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Cafés en bars