EXEC

Inactive KBO/BCE: BE 0442.066.909

EXEC

Follow Report

Overview

Lifetime

7 annual accounts with figures on one time axis, 23 filings since 1991

Gross marginpeak €9,801 (2008)

€1,174▲ €3,000

Resultlowest -€90,288 (2013)

-€90,288▼ €88,012

Equitypeak €77,369 (2011)

-€15,195▼ €90,288

Debts

€15,270▼ 89.6%

Documentsfilings and deeds

30-04-2014filed

2013abbreviated format

Gross margin from -€1,826 to €1,174Loss of €90,288Equity from €75,093 to -€15,195Debts from €147,172 to €15,270

Key points

from the 2013 annual accounts, the last ones filed

Equity

-€15,195 from €77,369 in 2011

Equity fell below zero in 2013.

Result

-€90,288 ▼ 3,867%

The result fell in 2013 from -€2,276 to -€90,288.

Filings

23 annual accounts since 1991

Two of the last ten came late. The 2011 accounts came latest: 10 days after the end of the period.

No score

Recent changes

25-11-2014

Deed on the end Gazette deed

All 25 events

Official details

Source: KBO

Status: Inactivelast publication under the heading End on 25-11-2014
Activity: No activity registered in the KBO
Financial year end: 30 September
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 30-09-2013

Gross margin: €1,174
Turnover: ≈ €7,900estimated
Loss: €90,288▲ 40×
Equity: -€15,195
Total assets: €75▼ 100.0%
Filing: Filed on 30-04-2014

Financials

Insights on EXEC

Inactive. The last annual accounts are for financial year 2013.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2013

abbreviated format, filed on 30-04-2014, on the day of the deadline

Gross margin

€1,174

▲ €3,000

Operating result

€730

▲ €2,960

Loss

-€90,288

▼ €88,012

Working capital

-€15,195

▲ €116,207

Solvency

Current ratio

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €7,900. Estimated: probably between €3,300 and €20,000.

Balance sheet

balance sheet total €75 on 30-09-2013

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	75	222,265	227,107	217,833	217,819	217,815	217,762
Fixed assets`21/28`	-	206,495	206,496	206,495	206,495	206,495	206,496
Financial fixed assets`28`	-	206,495	206,496	206,495	206,495	206,495	206,496
Current assets`29/58`	75	15,770	20,611	11,338	11,324	11,320	11,266
Amounts receivable within one year`40/41`	-	15,685	20,550	11,000	11,000	10,900	11,200
Other amounts receivable`41`	-	15,685	20,550	11,000	11,000	10,900	11,200
Cash at bank and in hand`54/58`	75	85	61	338	324	420	66
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	75	222,265	227,107	217,833	217,819	217,815	217,762
Equity`10/15`	-15,195	75,093	77,369	77,358	77,351	77,337	77,304
Contributions`10/11`	62,500	62,500	62,500	62,500	62,500	62,500	62,500
Issued capital`100`	62,500	62,500	62,500	62,500	62,500	62,500	62,500
Reserves`13`	12,593	12,593	14,869	14,858	14,851	14,837	14,804
Legal reserve`130`	2,605	2,605	2,605	2,594	2,587	2,573	2,540
Distributable reserves`133`	9,988	9,988	12,264	12,264	12,264	12,264	12,264
Profit (loss) carried forward`14`	-90,288	-	-	-	-	-	-
Amounts payable`17/49`	15,270	147,172	149,738	140,475	140,468	140,478	140,458
Amounts payable within one year`42/48`	15,270	147,172	130,316	130,314	130,317	139,628	139,708
Trade debts`44`	-	439	-	-	-	-	-
Suppliers`440/4`	-	439	-	-	-	-	-
Taxes, remuneration and social security`45`	-	-	6	4	7	1,412	1,418
Taxes`450/3`	-	-	6	4	7	1,412	1,418
Other amounts payable`47/48`	15,270	146,733	130,310	130,310	130,310	138,216	138,290
Accrued charges and deferred income`492/3`	-	-	19,422	10,161	10,151	850	750
Income statement
Gross operating margin`9900`	1,174	-1,826	9,762	9,767	9,776	9,801	9,792
Other operating charges`640/8`	444	404	402	401	401	398	385
Non-recurring operating charges`66A`	90,977	-	-	-	-	-	-
Operating profit (loss)`9901`	730	-2,230	9,360	9,366	9,375	9,403	9,407
Financial income`75/76B`	-	-	1	-	-	-	-
Recurring financial income`75`	-	-	1	-	-	-	-
Financial charges`65/66B`	41	46	9,345	9,355	9,354	9,353	9,342
Recurring financial charges`65`	41	46	9,345	9,355	9,354	9,353	9,342
Profit (loss) for the period before taxes`9903`	-90,288	-2,276	16	11	21	50	65
Income taxes`67/77`	-	-	5	4	7	17	22
Profit (loss) for the period`9904`	-90,288	-2,276	11	7	14	33	43
Profit (loss) for the period to be appropriated`9905`	-90,288	-2,276	11	7	14	33	43
Appropriation of the result
Profit (loss) to be appropriated`9906`	-90,288	-2,276	11	7	14	33	43
Transfer from equity`791/2`	-	2,276	-	-	-	-	-
Transfer to equity`691/2`	-	-	11	7	14	33	43
To the legal reserve`6920`	-	-	11	7	14	33	43
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 16 older financial years (1991-2006) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2013 (PDF), filed on 30-04-2014.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-09-2013	abbreviated format	30-04-2014	2014-10700461	PDF
30-09-2012	abbreviated format	02-05-2013	2013-10500284	PDF
30-09-2011	abbreviated format	10-05-2012	2012-11000412	PDF
30-09-2010	abbreviated format	29-04-2011	2011-09300509	PDF
30-09-2009	abbreviated format	29-04-2010	2010-10700135	PDF
30-09-2008	abbreviated format	27-03-2009	2009-08800198	PDF
30-09-2007	abbreviated format	04-04-2008	2008-09600204	PDF
30-09-2006	abbreviated format	29-03-2007	2007-09702469	PDF
30-09-2005	abbreviated format	31-03-2006	2006-09103511	PDF
30-09-2004	abbreviated format	31-03-2005	2005-10000367	PDF
30-09-2003	abbreviated format	18-03-2004	2004-07604657	PDF
30-09-2002	abbreviated format	27-03-2003	2003-08800407	PDF
30-09-2001	abbreviated format	02-04-2002	2002-08600974	PDF
30-09-2000	abbreviated format	02-04-2001	2001-08600161	PDF
30-09-1999	abbreviated format	31-03-2000	2000-08203208	PDF
30-09-1998	abbreviated format	31-03-1999	1999-06801315	PDF
30-09-1997	abbreviated format	31-03-1998	1998-05703801	PDF
30-09-1996	abbreviated format	28-03-1997	1997-04704432	PDF
30-09-1995	abbreviated format	04-04-1996	1996-05402871	PDF
30-09-1994	abbreviated format	31-03-1995	1995-05003444	PDF
30-09-1993	abbreviated format	31-03-1994	1994-05305290	PDF
30-09-1992	abbreviated format	22-04-1993	1993-05704525	PDF
30-09-1991	abbreviated format	11-03-1993	1993-03404884	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2013	2012	2011	2010	2009	2008	2007
Change in cash	-10	24	-277	14	-96	354	-
Working capital	-15,195	-131,402	-109,705	-118,976	-118,993	-128,308	-128,442
Solvency	-	33.8%	34.1%	35.5%	35.5%	35.5%	35.5%
Current ratio	-	0.11	0.16	0.09	0.09	0.08	0.08
Debt to equity	-	1.96	1.94	1.82	1.82	1.82	1.82
ROE	-	-3.0%	0.0%	0.0%	0.0%	0.0%	0.1%
ROA	-	-1.0%	0.0%	0.0%	0.0%	0.0%	0.0%

The ratios are withheld because a balance sheet total of €75 is too small for a meaningful ratio.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on EXEC

The operating result for 2013 is a profit of €730, after a loss of €2,230 in 2012.

Equity is negative. Debt (€15,270) exceeds the balance-sheet total (€75).

Network & group

Holdings

own accounts to 30-09-2012, the bar shows equity in euros

This companyEXEC1 holding, 1 country accounts to 30-09-2012

Belgium 1 Equity Result

BE EXEC INTERNATIONAL45.41% €40,316 result -€2,291

Source: list of holdings in its own 30-09-2012 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2007 to 2012

Holdings through the years
Name	2007	2008	2009	2010	2011	2012
EXEC International 2007 to 2012: 45.41%	45.41%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

25 events since 1993

Filings

Financial

End

1995200020052010201520202025

2014

25-11-2014

Deed on the end PDF

30-04-2014

Annual accounts 2013 filed PDFabbreviated format · on the deadline day

2013

30-09-2013

Weakest financial year net -€90,288 The net result drops to -€90,288, the lowest from 2007 to 2013.

02-05-2013

Annual accounts 2012 filed PDFabbreviated format · 2 days late

2012

10-05-2012

Annual accounts 2011 filed PDFabbreviated format · 10 days late

2011

29-04-2011

Annual accounts 2010 filed PDFabbreviated format · 1 day before the deadline

2010

29-04-2010

Annual accounts 2009 filed PDFabbreviated format · 1 day before the deadline

2009

27-03-2009

Annual accounts 2008 filed PDFabbreviated format · 34 days before the deadline

2008

04-04-2008

Annual accounts 2007 filed PDFabbreviated format · 26 days before the deadline

2007

29-03-2007

Annual accounts 2006 filed PDFabbreviated format · 32 days before the deadline

2006

31-03-2006

Annual accounts 2005 filed PDFabbreviated format · 30 days before the deadline

2005

31-03-2005

Annual accounts 2004 filed PDFabbreviated format · 30 days before the deadline

2004

18-03-2004

Annual accounts 2003 filed PDFabbreviated format

2003

27-03-2003

Annual accounts 2002 filed PDFabbreviated format

2002

02-04-2002

Annual accounts 2001 filed PDFabbreviated format

2001

02-04-2001

Annual accounts 2000 filed PDFabbreviated format

2000

31-03-2000

Annual accounts 1999 filed PDFabbreviated format

1999

31-03-1999

Annual accounts 1998 filed PDFabbreviated format

1998

31-03-1998

Annual accounts 1997 filed PDFabbreviated format

1997

28-03-1997

Annual accounts 1996 filed PDFabbreviated format

1996

04-04-1996

Annual accounts 1995 filed PDFabbreviated format

1995

31-03-1995

Annual accounts 1994 filed PDFabbreviated format

1994

31-03-1994

Annual accounts 1993 filed PDFabbreviated format

1993

22-04-1993

Annual accounts 1992 filed PDFabbreviated format

11-03-1993

Annual accounts 1991 filed PDFabbreviated format

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Inactive

EXEC is no longer in the KBO register.

Last annual accounts: financial year to 30 September 2013
Last registered office: Molenbeekstraat 42, 2801 Heffenas published on 25 November 2014
Legal form: Public limited company
First annual accounts: financial year 1991

Official KBO record