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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EXCELSIOR I from Brasschaat, company number BE0894570721, closed financial year 2025 with a result of € 71,018 after tax. For that financial year EXCELSIOR I recorded a gross margin of € 606,422 and equity of € -105,231. Compared with financial year 2024, the result moved from € -153,571 to € 71,018. Profitable, and profit is growing. 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 October 15, 2026.
€ -105,231
▲ € 71,018 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,018
▲ still € 153,571 loss in 2024
Profit after tax over the fiscal year.
€ 26,890
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -123,831.
People and assets in 2025
7.5
Average over the fiscal year, from the social balance sheet.
€ 370,853
▲ 34% vs 2024
€ 49,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,888
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 496,359
▼ 8% vs 2024
€ 35,346 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 172,878
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,871
▲ 88% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 504,611 | € 463,499 | € 233,757 | € 606,422 | ▲ 159% |
| Profit after taxes | € -97,317 | € -68,753 | € -153,571 | € 71,018 | ▲ € 224,588 |
| Equity | € 46,075 | € -22,679 | € -176,249 | € -105,231 | ▲ € 71,018 |
| Total debts | € 540,901 | € 707,104 | € 1,359,498 | € 1,376,383 | ▲ 1% |
| Cash | € 55,152 | € 48,825 | € 33,350 | € 26,890 | ▼ 19% |
| Land & buildings | - | - | € 181,123 | € 172,876 | ▼ 5% |
| Retained profit | € 27,475 | € -41,279 | € -194,849 | € -123,831 | ▲ € 71,018 |
| Bank debt | € 105 | € 57,745 | € 537,661 | € 496,359 | ▼ 8% |
| Balance sheet total | € 586,976 | € 684,426 | € 1,183,248 | € 1,271,152 | ▲ 7% |
| Employees (FTE) | 10.9 | 10.1 | 0 | 7.5 |
Key figures of EXCELSIOR I, 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 I?
What happened at EXCELSIOR I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,018. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brasschaat. KBO
In short
From € 97,317 loss in 2022 to € 71,018 profit in 2025.
Paid € 937 in corporate taxes since 2022.
Best year ever: 2025, with € 71,018 profit.
On average € 80,900 of value added per employee in 2025.
Management
Behind EXCELSIOR I are Hugues Comté and Guy Cox. The same people are also behind JB C&C. Hugues Comté is also behind Comtè Invest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Armand Reusensplein 9-11
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0894.570.721
- VAT number
- BE 0894.570.721
- Registered office
- Armand Reusensplein 9-11, 2930 Brasschaat
- Names & denominations
- EXCELSIOR I
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2007
- Peppol
- Active · Active since 25 Feb 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Cafés en bars
Eetgelegenheden met volledige bediening