EXEC International
ActiveSummary
EXEC International has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,316 and a net result of -€2,291. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability23▲+12
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
short-term debt: 0.1% and cash: 94.4% of total assets, and 0.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-5.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,291
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
55 d early
2023
54 d early
2022
on the day
2021
40 d early
2020
18 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€2,000
EBIT margin
-216.3%
Net result
-€2,291▲ 48.5%
2024 · -€4,446
Working capital
€40,316▼ 5.4%
2024 · €42,607
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2,000
Operating result€14,056-€4,846-€3,024▲ 37.6%-€4,326▼ 43.1%-€2,174▲ 49.8%
Net result€11,967within the sector's middle half-€4,877below the sector's middle half-€3,123below the sector's middle half▲ 36.0%-€4,446below the sector's middle half▼ 42.4%-€2,291below the sector's middle half▲ 48.5%
EBIT margin-216.3%
Equity€55,054within the sector's middle half▲ 27.8%€50,176within the sector's middle half▼ 8.9%€47,053within the sector's middle half▼ 6.2%€42,607within the sector's middle half▼ 9.4%€40,316below the sector's middle half▼ 5.4%
Total assets€58,495below the sector's middle half▲ 34.7%€52,759below the sector's middle half▼ 9.8%€47,053below the sector's middle half▼ 10.8%€42,608below the sector's middle half▼ 9.4%€40,348below the sector's middle half▼ 5.3%
Debt€3,441▲ 902%€2,583▼ 24.9%€1€32▲ 2,211%
Working capital€55,054within the sector's middle half▲ 28.0%€50,176within the sector's middle half▼ 8.9%€42,607within the sector's middle half€40,316within the sector's middle half▼ 5.4%
Solvency94.1%above the sector's middle half▼ 5.1pp95.1%above the sector's middle half▲ 1.0pp100.0%above the sector's middle half▲ 4.9pp100.0%above the sector's middle half=99.9%above the sector's middle half▼ 0.1pp
Current ratio17.00above the sector's middle half20.43above the sector's middle half▲ 3.43
Return on assets (ROA)20.5%within the sector's middle half▲ 25.3pp-9.2%below the sector's middle half▼ 29.7pp-6.6%below the sector's middle half▲ 2.6pp-10.4%below the sector's middle half▼ 3.8pp-5.7%below the sector's middle half▲ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,174 in 2025 against €4,326 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €40,348
Equity
€40,316 ▼ 5.4%
Debt
€32 ▲ 2,211%
Debt's share of the balance-sheet total rises from 0.0% to 0.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.00▲
2024 · 0.00
ROE
-5.7%▲
2024 · -10.4%
Debt ≤ 1 year
€32▲
2024 · €1
A ratio outside any meaningful range has been withheld (balance sheet total €40,348, equity €40,316).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €2,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €6,007 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €92 | - | - | - | - | - |
| Other operating charges640/8 | €479 | €480 | €523 | €535 | €550 | ▲ 2.7% |
| Gross operating margin9900 | €14,627 | -€4,366 | -€2,501 | -€3,791 | -€1,624 | ▲ 57.2% |
| Operating profit (loss)9901 | €14,056 | -€4,846 | -€3,024 | -€4,326 | -€2,174 | ▲ 49.8% |
| Financial income75/76B | €601 | €64 | - | - | - | - |
| Recurring financial income75 | €601 | €64 | - | - | - | - |
| Financial charges65/66B | €107 | €96 | €99 | €121 | €117 | ▼ 2.6% |
| Recurring financial charges65 | €107 | €96 | €99 | €121 | €117 | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €14,549 | -€4,877 | -€3,123 | -€4,446 | -€2,291 | ▲ 48.5% |
| Income taxes67/77 | €2,583 | - | - | - | - | - |
| Profit (loss) for the period9904 | €11,967 | -€4,877 | -€3,123 | -€4,446 | -€2,291 | ▲ 48.5% |
| Transfer from tax-exempt reserves789 | €4,216 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €16,183 | -€4,877 | -€3,123 | -€4,446 | -€2,291 | ▲ 48.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,495 | €52,759 | €47,053 | €42,608 | €40,348 | ▼ 5.3% |
| Current assets29/58 | €58,495 | €52,759 | €47,053 | €42,608 | €40,348 | ▼ 5.3% |
| Amounts receivable within one year40/41 | €21,994 | €939 | €5,774 | €4,266 | €2,250 | ▼ 47.3% |
| Trade receivables40 | €20,945 | - | €5,250 | €4,250 | €2,250 | ▼ 47.1% |
| Other amounts receivable41 | €1,049 | €939 | €524 | €16 | - | - |
| Current investments50/53 | €36,501 | €51,820 | €41,280 | €38,342 | - | - |
| Cash at bank and in hand54/58 | - | - | - | - | €38,098 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,495 | €52,759 | €47,053 | €42,608 | €40,348 | ▼ 5.3% |
| Equity10/15 | €55,054 | €50,176 | €47,053 | €42,607 | €40,316 | ▼ 5.4% |
| Contributions10/11 | €62,100 | €62,100 | €62,100 | €62,100 | €62,100 | = |
| Capital10 | €62,100 | €62,100 | €62,100 | €62,100 | €62,100 | = |
| Issued capital100 | €62,100 | €62,100 | €62,100 | €62,100 | €62,100 | = |
| Reserves13 | €9,194 | €9,194 | €9,194 | €9,194 | €9,194 | = |
| Non-distributable reserves130/1 | €3,823 | €3,823 | €3,823 | €3,823 | €3,823 | = |
| Legal reserve130 | €3,823 | €3,823 | €3,823 | €3,823 | €3,823 | = |
| Distributable reserves133 | €5,371 | €5,371 | €5,371 | €5,371 | €5,371 | = |
| Profit (loss) carried forward14 | -€16,240 | -€21,117 | -€24,240 | -€28,687 | -€30,978 | ▼ 8.0% |
| Amounts payable17/49 | €3,441 | €2,583 | - | €1 | €32 | ▲ 2,211% |
| Amounts payable within one year42/48 | €3,441 | €2,583 | - | €1 | €32 | ▲ 2,211% |
| Financial debts43 | - | - | - | €1 | - | - |
| Credit institutions430/8 | - | - | - | €1 | - | - |
| Trade debts44 | €858 | - | - | - | - | - |
| Suppliers440/4 | €858 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €2,583 | €2,583 | - | - | - | - |
| Taxes450/3 | €2,583 | €2,583 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €32 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,967 | -€4,877 | -€3,123 | -€4,446 | -€2,291 | ▲ 48.5% |
| + Depreciation and write-downs630 | €92 | - | - | - | - | - |
| Operating cash flow (approximation) | €12,059 | -€4,877 | -€3,123 | -€4,446 | -€2,291 | ▲ 48.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€4,877
Net result drops to -€4,877, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €11,967
Net result €11,967 after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 126.16
Current ratio from 36.21 to 126.16; short-term debt falls from €1,272 to €344.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Liquidity times 13current ratio 36.21
Current ratio from 2.83 to 36.21; short-term debt falls from €24,142 to €1,272.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 1992
Ground area
6,837 m²
Building footprint
378 m²
Volume, LiDAR
1,206 m³
Parcel 12012C0380/00B000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Molenbeekstraat(HEF) 42, 2801 Mechelen
since 19922.040.397.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12012C0380/00B000 | Flanders | 6,837 m² | 1 · 378 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300L1ZIBENGL2L829
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 36,765 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-09-1988
Fiscal year end31-12
Abbreviation NL
EXEC Int.
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435291953
Also
9925:BE0435291953
Registered
12-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.