To add some test notes to my previous message: the same error occurs even with a simple CSV sheet, so it's not database related.
We did the same test on another fresh new Windows 11 PC with also Excel 2016 64 bits with another Windows account with admin rights and get same error.
Even logged with an office 365 account within Excel 2016 get the same error.
And yet on other PCs it works.
Include error picture