Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 10.9 to 0.
Financials
Financial year 2024
EXCELSIOR I from Brasschaat, company number BE0894570721, closed financial year 2024 with a result of € -153,571 after tax. For that financial year EXCELSIOR I recorded a gross margin of € 233,757 and equity of € -176,249. Compared with financial year 2023, the result moved from € -68,753 to € -153,571. 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 October 31, 2025.
€ -176,249
▼ € 153,571 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,571
▼ 123 % more loss than in 2023
Profit after tax over the fiscal year.
€ 33,350
▼ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -194,849.
People and assets in 2024
0
▼ 10.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 276,386
▼ 39% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 54,615
▼ 13% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 537,661
▲ € 479,916 vs 2023
€ 465,854 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 236,254
▼ 31% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 53,750
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 551,822 | € 504,611 | € 463,499 | € 233,757 | ▼ 50% |
| Profit after taxes | € 135,156 | € -97,317 | € -68,753 | € -153,571 | ▼ € 84,817 |
| Equity | € 143,391 | € 46,075 | € -22,679 | € -176,249 | ▼ € 153,571 |
| Total debts | € 488,522 | € 540,901 | € 707,104 | € 1,359,498 | ▲ 92% |
| Cash | € 59,264 | € 55,152 | € 48,825 | € 33,350 | ▼ 32% |
| Land & buildings | - | - | - | € 181,123 | |
| Retained profit | € 124,791 | € 27,475 | € -41,279 | € -194,849 | ▼ € 153,571 |
| Bank debt | € 6,153 | € 105 | € 57,745 | € 537,661 | ▲ € 479,916 |
| Balance sheet total | € 631,913 | € 586,976 | € 684,426 | € 1,183,248 | ▲ 73% |
| Employees (FTE) | 9.4 | 10.9 | 10.1 | 0 | ▼ 10.1 |
Key figures of EXCELSIOR I, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 153,571. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brasschaat. KBO
In short
From € 135,156 profit in 2021 to € 153,571 loss in 2024.
Paid € 11,112 in corporate taxes since 2021.
Best year ever: 2021, with € 135,156 profit.
On average € 45,900 of value added per employee in 2023.
A new publication or filing at EXCELSIOR I? We notify you, reason included.
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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
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 2024 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