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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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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EXCELSIOR IC from Brugge, company number BE0746723816, closed financial year 2025 with a result of € -8,265 after tax. For that financial year EXCELSIOR IC recorded a gross margin of € 157,140 and equity of € 326,997. Compared with financial year 2024, the result moved from € 47,484 to € -8,265. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 14, 2026.
€ 326,997
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,265
▼ still € 47,484 profit in 2024
Profit after tax over the fiscal year.
€ 225
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 26,997.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 200
▼ € 99,550 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,367 | € -6,319 | € 95,302 | € 157,140 | ▲ 65% |
| Profit after taxes | € -2,359 | € -4,261 | € 47,484 | € -8,265 | ▼ € 55,748 |
| Equity | € 292,039 | € 287,778 | € 335,262 | € 326,997 | ▼ 2% |
| Total debts | € 625,625 | € 1,313,570 | € 4,106,424 | € 6,346,008 | ▲ 55% |
| Cash | € 188,208 | € 24,479 | € 3,418 | € 225 | ▼ 93% |
| Land & buildings | - | - | € 69,893 | € 139,611 | ▲ 100% |
| Retained profit | € -7,961 | € -12,222 | € 35,262 | € 26,997 | ▼ 23% |
| Balance sheet total | € 917,664 | € 1,601,348 | € 4,441,686 | € 6,673,005 | ▲ 50% |
Key figures of EXCELSIOR IC, 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 IC?
What happened at EXCELSIOR IC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NV European Lease and Finance Company stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,265 (▼ € 55,748 vs 2024). Source: NBB ↗
- NV Las Brisas stepped down as director. NBB
- COASTAL SALES COMPANY BV stepped down as director. NBB
- NV European Lease and Finance Company became a director. NBB
- New establishment in Elsene. KBO
- NV Las Brisas became a director. NBB
- COASTAL SALES COMPANY BV became a director. NBB
In short
From € 2,359 loss in 2022 to € 8,265 loss in 2025.
Paid € 12,753 in corporate taxes since 2022.
Best year ever: 2024, with € 47,484 profit.
Management
The stake of Las Brisas, European Lease and Finance Company comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EXCELSIOR ICThe shares are held by Las Brisas (42.5%) and European Lease and Finance Company (38.5%). It owns 100% of Exploitatiemaatschappij PBAZ BV, 100% of Exploitatiemaatschappij HBAZ BV, 91% of Fjord Real Estate Development Company BV and 12.3% of BCH - Belgian Coast Hotels NV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Joachim Debucquoy
Also active at: JOYCE INVEST, Secured By Bricks, Bricks & Support, OSTEND DEVELOPMENT COMPANY, BLANKENBERGE DEVELOPMENT COMPANY, BRUSSELS DEVELOPMENT COMPANY, Belgian Coast Hotels, Alysee Projectontwikkeling +2 more
since 2020 · until 2026
NV European Lease and Finance Company
Director · represented by Thomas Persyn
Also active at: Bricks & Support, BRUSSELS DEVELOPMENT COMPANY, Alysee Projectontwikkeling
since 2022 · until 2028
Director · represented by Aline Verbeke
Also active at: Kortrijkse Vinologische Club, JOYCE INVEST, ARCHIMEDES OOSTENDE, HOLIDAY SUITES INTERNATIONAL, OSTEND DEVELOPMENT COMPANY, BLANKENBERGE DEVELOPMENT COMPANY, BRUSSELS DEVELOPMENT COMPANY, Las Brisas +2 more
since 2020 · until 2026
Shareholders
42.5%
Participations
Establishments
Establishment units
Physical locations of this company
Monnikenwerve 17-19
8000 Brugge
Louizalaan 65 box 11
1050 Elsene
Active since 6 May 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →EXPLOITATIEMAATSCHAPPIJ MO
€ 1.5 million gross margin · 2025
DORMA HUPPE
SOFIEC
JOYCE INVEST same network
€ 624,614 gross margin · 2025
LIBERAAL VERBOND VOOR ZELFSTANDIGEN - TREFPUNT BRUGGE
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.723.816
- VAT number
- BE 0746.723.816
- Registered office
- Monnikenwerve 17-19, 8000 Brugge
- Names & denominations
- EXCELSIOR IC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2020
- Peppol
- Active · Active since 21 Oct 2026