ACTIVE

EXCELERATE TECHNICAL MANAGEMENT

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Financial year 2025 · closed on 31/12/2025
Net result
236,4 k €
-71.0% YoY
Revenue
42,1 M €
-9.7% YoY
Equity
1,8 M €
+15.1% YoY
Workforce
17,0 ETP
+9.0% YoY

What does EXCELERATE TECHNICAL MANAGEMENT do?

EXCELERATE TECHNICAL MANAGEMENT is a Private limited company incorporated in 2019. Its main activity is: Sea and coastal freight water transport. Its registered office is in Antwerpen. It employs on average 17,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0732.785.609
Incorporation
22/08/2019
Legal form
Private limited company
Registered office
Bordeauxstraat 14
2000 Antwerpen · FlandreSee on map
Contributed capital
541 711,81 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Activities (NACE)
50200Sea and coastal freight water transport· main50200Sea and coastal freight water transport52241Cargo handling52241Cargo handling52249Cargo handling52249Cargo handling+6
Joint committees (3)
  • 14003
  • 200
  • 316
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue42,1 M €46,6 M €46,6 M €38,5 M €33,2 M €––
EBITDA1 M €788,5 k €1 M €912,6 k €373,4 k €538,6 k €-233,5 k €
Operating result951,4 k €747,1 k €920,1 k €828,3 k €307,1 k €474,9 k €-240,3 k €
Net result236,4 k €815,5 k €22,2 k €95,5 k €421,6 k €-77 k €-249,3 k €
Balance sheet
Equity1,8 M €1,6 M €754,6 k €732,4 k €636,9 k €215,3 k €292,4 k €
Total assets11,8 M €12,2 M €12,4 M €8,8 M €6,3 M €7,5 M €483,4 k €
Cash2 M €3,8 M €6 M €4,4 M €3,7 M €5,6 M €244,2 k €
Debts8,2 M €8,8 M €9,8 M €6,3 M €1,2 M €4,9 M €191 k €
Other
Workforce17,0 ETP15,6 ETP13,9 ETP12,4 ETP12,4 ETP9,1 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Sid Kulbhaskar

Director · since 17 avril 2024

Active
3PINES

Mandate · 0736.789.729

Represented by Marc NUYTEMANS

Active

Ended mandates

David A. LINER

Director · since 01 janvier 2023 · until 20 mars 2024

Ended
David A. LINER

Director · since 01 janvier 2023

Ended
Steven Kobos

Managing director · since 26 août 2022 · until 20 mars 2024

Ended
Steven Kobos

Managing director · since 26 août 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202613/10/202528/06/202422/10/202307/06/202328/10/2022
General meeting30/06/202630/06/202528/06/202430/09/202307/06/202327/10/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202610/07/2026DutchPDF
Full modelCorrection31/12/202430/06/202513/10/2025DutchPDF
Full model31/12/202430/06/202507/07/2025DutchPDF
Full model31/12/202328/06/202428/06/2024DutchPDF
Full model31/12/202230/09/202322/10/2023DutchPDF
Full model31/12/202107/06/202307/06/2023DutchPDF
Abridged model31/12/202027/10/202228/10/2022DutchPDF
Abridged model31/12/201930/06/202011/08/2022DutchPDF
Abridged model31/12/201930/06/202022/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Sid Kulbhaskar

Director · since 17 avril 2024

Active
3PINES

Mandate · 0736.789.729

Represented by Marc NUYTEMANS

Active

Ended mandates

David A. LINER

Director · since 01 janvier 2023 · until 20 mars 2024

Ended
David A. LINER

Director · since 01 janvier 2023

Ended
Steven Kobos

Managing director · since 26 août 2022 · until 20 mars 2024

Ended
Steven Kobos

Managing director · since 26 août 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/06/2026
    DIVERSEN
    PDF
  • Mandates03/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025236,4 k €↓
  2. 2024
    Annual accounts 2024815,5 k €↑
  3. 2023
    Annual accounts 202322,2 k €↓
  4. 2022
    Annual accounts 202295,5 k €↓
  5. 2021
    Annual accounts 2021421,6 k €↑
  6. 2020
    Annual accounts 2020-77 k €↑
  7. 2019
    Annual accounts 2019-249,3 k €
  8. 22/08/2019
    IncorporationPrivate limited company