Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EXCEL REAL ESTATE from Brussel, company number BE0831864773, closed financial year 2025 with a result of € -62,252 after tax. For that financial year EXCEL REAL ESTATE recorded a gross margin of € 215,342 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 90,381 to € -62,252. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2026.
€ 1.1 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,252
▼ still € 90,381 profit in 2024
Profit after tax over the fiscal year.
€ 87,964
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 383,530.
Debts at end 2025
€ 2.4 million
▼ 5% vs 2024
€ 121,252 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 286,892
▲ 212% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,833
▲ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -134,574 | € 321,388 | € 323,238 | € 215,342 | ▼ 33% |
| Profit after taxes | € 2,028,315 | € 120,365 | € 90,381 | € -62,252 | ▼ € 152,633 |
| Equity | € 2,829,296 | € 1,039,660 | € 1,130,041 | € 1,067,788 | ▼ 6% |
| Total debts | € 2,976,259 | € 4,756,162 | € 2,786,450 | € 2,894,392 | ▲ 4% |
| Cash | € 45,617 | € 4,907 | € 134,542 | € 87,964 | ▼ 35% |
| Land & buildings | € 2,603 | € 2,603 | € 2,603 | € 2,044,641 | ▲ € 2 million |
| Retained profit | € 2,145,038 | € 355,402 | € 445,783 | € 383,530 | ▼ 14% |
| Dividend | € 0 | € 1,910,000 | € 0 | € 0 | |
| Bank debt | € 2,791,200 | € 2,676,508 | € 2,559,671 | € 2,440,646 | ▼ 5% |
| Balance sheet total | € 5,885,653 | € 5,872,194 | € 3,989,135 | € 4,031,048 | ▲ 1% |
Key figures of EXCEL REAL ESTATE, 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 EXCEL REAL ESTATE?
What happened at EXCEL REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nadège Sebline stepped down as director. NBB
- Philippe Renaux stepped down as director. NBB
- Cédric Georges-Picot stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 62,252 (▼ € 152,633 vs 2024). filed late Source: NBB ↗
- Nadège Sebline became a director. NBB
- Philippe Renaux became a director. NBB
- Cédric Georges-Picot became a director. NBB
- New establishment in Elsene. KBO
In short
From € 2 million profit in 2022 to € 62,252 loss in 2025.
Paid € 60,452 in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Paid out € 1.9 million in dividends to the owners in total.
A new publication or filing at EXCEL REAL ESTATE? We notify you, reason included.
Follow EXCEL REAL ESTATEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of T.V.B. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EXCEL REAL ESTATEThe shares are held by T.V.B. (99%).
Directors
According to the 2025 annual accounts
Nadège Sebline
Director
since 2024 · until 2030
Philippe Renaux
Director
since 2024 · until 2030
since 2024 · until 2030
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 4
1000 Brussel
Louizalaan 380
1050 Elsene
Active since 1 July 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →KORTENBERGH
€ 390,220 gross margin · 2025
Prime BEL Rue de la Loi-T
€ 1.6 million gross margin · 2025
COLUMBUS 400
€ 1.6 million gross margin · 2025
Fédération Internationale de la Vidéo
EUROPESE ORGANISATIE VOOR WETENSCHAPPELIJK PLANTENONDERZOEK
+15 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
- 0831.864.773
- VAT number
- BE 0831.864.773
- Registered office
- Nijverheidsstraat 4, 1000 Brussel
- Names & denominations
- EXCEL REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2010
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering