Equity
€374,170 ▲ 12.2%
ExecAdvice paid out €70,000 in dividends. That is 63% of the 2025 profit.
ExecAdvice
Lifetime
15 annual accounts with figures on one time axispeak €169,410 (2025)
€169,410▲ 15.3%
peak €110,826 (2025)
€110,826▲ 20.9%
peak €374,170 (2025)
€374,170▲ 12.2%
€130,864▲ 207%
Board3 names since 2023
1 directorKLAAS GILLES
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €146,984 to €169,410Dividend €70,000Equity from €333,344 to €374,170Debts from €42,631 to €130,864Cash from €89,094 to €135,154
Key points
from the 2025 annual accountsTurnover
≈ €290,000 estimated
The micro format states no turnover.
Debts
€130,864 ▲ 207%
Debts rose by €88,233 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
3.59 was 9.63 in 2024
Short-term debts rose from €34,316 to €128,763.
Filings
15 annual accounts since 2011
Eight of the last ten came late. The 2019 accounts came latest: 52 days after the end of the period.
Position in the sector
€110,826
Higher net result than 87% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
96
Excellent
Financially stronger than 65% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.59, cash €135,154
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €374,170 (74.1% of total assets)
Size: total assets €505,034
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 71% of them on solvency, 66% on liquidity, 65% on profitability and 60% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as ExecAdvice has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of ExecAdvice itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for ExecAdvice. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.59 (9.63 in 2024), above the usual 1.5. Short-term debt is 25.5% and cash 26.8% of total assets. 25.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
19 days early
2023
28 days late
2022
27 days late
2021
29 days late
2020
30 days late
2019
52 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832232086
Registered office moved from Ham-sur-Heure-Nalinnes to Tarcienne
New registered office: ville de Walcourt, route de Philippeville, n°57, 5651 Tarcienne · Previous registered office: Rue de Philippeville 89, 6120 Ham-sur-heure-Nalinnes · Change of role: KLASS Gilles Yves, from manager to director · General meeting of 13-07-2023 · Gazette deed
First establishment
Rue de Philippeville 89, Ham-sur-Heure-Nalinnes
Incorporation
published on 05-01-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ExecAdvice Walcourt | €505,034 | €169,410 | 74.1% | - |
| SDH CONSULT Eghezée | €510,682 | €155,433 | 56.8% | - |
| HOP & THINK Doische | €553,624 | €158,909 | 45.7% | - |
| EUSCOPIA.NET Namur | €453,244 | €159,548 | 96.4% | - |
| T.P. CONSULT & QUALITY Namur | €483,056 | €168,253 | 81.5% | - |
| COVALUE Gembloux | €574,107 | €173,213 | 92.1% | - |
| STYDEL Assesse | €489,457 | €168,791 | 36.9% | - |
These companies have the same main activity as ExecAdvice: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €453,000 and €574,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 27-12-2010Normal situation
- Registered office
- 28 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.195.525.2196120 Ham-sur-Heure-Nalinnes, since 04-02-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 02-10-2025
Annual accounts 2025
- €505,034▲ 34.3%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on ExecAdvice
ExecAdvice files the micro format. That format states no turnover. The gross margin rose from €154,777 in 2011 to €169,410 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ExecAdvice
- What is the company number of ExecAdvice?
- The company number of ExecAdvice is 0832.232.086. The VAT number is the same number with BE in front: BE 0832.232.086.
- Where is ExecAdvice based?
- The registered office is at Route de Philippeville 57, 5651 Walcourt.Company details
- What does ExecAdvice do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ExecAdvice?
- ExecAdvice is a private limited company (BV).
- When was ExecAdvice founded?
- ExecAdvice was founded on 27-12-2010.
- Is ExecAdvice still active?
- Yes, ExecAdvice is an active enterprise in the KBO register.
- What is the turnover of ExecAdvice?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €169,410 and 109 comparable companies (NACE 70200). It probably lies between €240,000 and €340,000.Financials
- Is ExecAdvice profitable?
- In financial year 2025, ExecAdvice made a profit of €110,826.
- Where can I find the annual accounts of ExecAdvice?
- ExecAdvice filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ExecAdvice due?
- ExecAdvice must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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