Exel Composites SA
Dissolution volontaire – liquidation 44.2 FTEExel Composites reported revenue of €5.10m for the 2025 financial year (annual accounts filed with the NBB on 09 May 2026), with 44.2 full-time equivalents.
The score of Exel Composites shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue -67 % Total assets -56 % Headcount (avg FTE) -29 %
Accounts of the company itself (not consolidated).
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Exel Composites's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €5.10m | ||||
| Net result | −14,394 € | ||||
| Equity | −€3.17m | ||||
| Cash | 509,194 € | ||||
| EBITDA | 279,537 € | ||||
| Total assets | €3.18m |
Filed annual accounts
- Year ended 31 Mar 2025filed on 09 May 2026
- Year ended 31 Dec 2024filed on 19 Aug 2025
- Year ended 31 Dec 2023filed on 29 Aug 2024
- Year ended 31 Dec 2022filed on 15 Jun 2023
- Year ended 31 Dec 2021filed on 13 Jun 2022
Exel Composites's financial analysis
- Solvency-99.6%sector median: 47.8%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Exel Composites
Exel Composites's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0862.803.617
- VAT number
- BE0862803617
- Peppol
- Registered · 0208:0862803617 · as of 11 Nov 2026
- Legal form
- SA
- Incorporated
- 20 Jan 2004
- Registered office
- 8500 Kortrijk
- Size
- Small · 44.2 FTE
- Latest accounts
- 2025 · filed on 09 May 2026
- Activity
- Manufacture of plastic plates, sheets, tubes and profiles (NACE 22210)
Exel Composites (SA) has been based in Kortrijk since 2004, active in: manufacture of plastic plates, sheets, tubes and profiles. For 2025, it reports revenue of €5.10m, a net loss of 14,394 € and equity of −€3.17m. With 44.2 full-time equivalents, it is a small enterprise by headcount. Its solvency stands at -99.6%, below the median of its sector (47.8%).
Companies similar to Exel Composites
Companies in the same business, of comparable size and area, outside its group.
- PLBE Manufacture of plastic plates, sheets, tubes and profiles Aartselaar · balance sheet €3.17m
- AKA Plast Manufacture of plastic plates, sheets, tubes and profiles Tournai · balance sheet €3.78m
- Rolvaplast Manufacture of plastic plates, sheets, tubes and profiles Deinze · balance sheet €1.96m
- LE Bois DU Goupil Manufacture of plastic plates, sheets, tubes and profiles Rixensart · balance sheet €1.84m
- PADO Manufacture of plastic plates, sheets, tubes and profiles Nazareth · balance sheet €1.78m
- GEMA Manufacture of plastic plates, sheets, tubes and profiles Beringen · balance sheet €4.24m
- Oroplastic Manufacture of plastic plates, sheets, tubes and profiles Oostrozebeke · balance sheet €1.28m
- Andries metalworks Manufacture of plastic plates, sheets, tubes and profiles Sint-Laureins · balance sheet €1.26m
Frequently asked questions about Exel Composites
What is the revenue of Exel Composites?
According to the 2025 annual accounts filed with the NBB, the revenue of Exel Composites amounts to 5,103,055 €.
What is the VAT number of Exel Composites?
In Belgium, the VAT number is the company number prefixed with BE: BE0862803617 for Exel Composites, if the company is VAT-registered. Its company number (CBE) is 0862.803.617.
Where is the registered office of Exel Composites?
According to the CBE register, the registered office of Exel Composites is in 8500 Kortrijk.
What is the equity of Exel Composites?
At the close of the 2025 financial year, the equity of Exel Composites amounts to -3,170,269 €, a solvency of -99.6% of total assets.
How many people work at Exel Composites?
44.2 full-time equivalents on average according to the 2025 social balance sheet.
Who manages Exel Composites?
The register lists 2 active mandates at Exel Composites. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of Exel Composites
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
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