EXECITIS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €196k and a net result of €-37k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 9864 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
40 d early
2022
24 d early
2021
45 d early
2020
43 d early
2019
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€196k▼ 16.0%
2023 · €233k
2018: €90k
2019: €119k
2020: €183k
2021: €207k
2022: €231k
2023: €233k
2018 → 2024
Net result
€-37k
2023 · €3k
2018: €33k
2019: €28k
2020: €65k
2021: €23k
2022: €24k
2023: €3k
2018 → 2024
Total assets
€242k▼ 6.5%
2023 · €259k
2018: €271k
2019: €301k
2020: €347k
2021: €308k
2022: €283k
2023: €259k
2018 → 2024
Solvency
80.9%▼ 9.2pp
2023 · 90.1%
2018: 33.3%
2019: 39.4%
2020: 52.8%
2021: 67.1%
2022: 81.6%
2023: 90.1%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€183k-€207k▲ 12.6%€231k▲ 11.8%€233k▲ 1.0%€196k▼ 16.0%
Operating result€96k-€40k▼ 57.8%€36k▼ 11.3%€8k▼ 78.2%€-37k
Net result€65k-€23k▼ 64.2%€24k▲ 5.5%€3k▼ 87.1%€-37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €37k after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €242k
Fixed assets
€233k▼ 5.7%
Current assets
€9k▼ 23.2%
Equity and liabilities €242k
Equity
€196k▼ 16.0%
Debt
€46k▲ 79.9%
The debt ratio rises from 9.9% to 19.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
80.9%▼
2023 · 90.1%
ROE
-19.1%▼
2023 · 1.3%
ROA
-15.4%▼
2023 · 1.2%
Debt
€46k▲
2023 · €26k
Debt ≤ 1 year
€28k▲
2023 · €6k
Debt > 1 year
€19k=
2023 · €19k
Income taxes
€402▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€259k€242k▼
Fixed assets21/28€247k€233k▼
Tangible fixed assets22/27€247k€233k▼
Land and buildings22€246k€232k▼
Furniture and vehicles24€1k€721▼
Current assets29/58€12k€9k▼
Amounts receivable within one year40/41€7k€6k▼
Trade receivables40€0-
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€540€746▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€259k€242k▼
Equity10/15€233k€196k▼
Contributions10/11€19k€19k=
Reserves13€189k€189k=
Distributable reserves133€189k€189k=
Profit (loss) carried forward14€25k€-12k▼
Amounts payable17/49€26k€46k▲
Amounts payable after more than one year17€19k€19k=
Financial debts170/4€19k€19k=
Amounts payable within one year42/48€6k€28k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€856€0▼
Taxes450/3€856€0▼
Remuneration and social security454/9€0-
Other amounts payable47/48€833€25k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€24k€-20k▼
Operating profit (loss)9901€8k€-37k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€1k€28▼
Recurring financial charges65€1k€28▼
Profit (loss) for the period before taxes9903€7k€-37k▼
Income taxes67/77€3k€402▼
Profit (loss) for the period9904€3k€-37k▼
Profit (loss) for the period to be appropriated9905€3k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€-12k▼
Profit (loss) brought forward from the previous period14P€26k€25k▼
Transfer from equity791/2€0-
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-37k ▼1286%
Net result drops to €-37k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.10
Current ratio from 1.22 to 3.10; short-term debt falls from €52k to €12k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €207k ▲12.6%
4 profitable years in a row build equity to €207k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €65k ▲128%
Operating result €96k, net result €65k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.58
Current ratio from 0.61 to 1.58.
31-12
Financial
Equity above €150kEq €183k ▲54.5%
3 profitable years in a row build equity to €183k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €119k ▲31.4%
2 profitable years in a row build equity to €119k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brecht · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Patrijslaan 52960 BrechtGround area
1,486 m²
Building footprint
192 m²
Volume, LiDAR
1,051 m³
Parcel 11009M0002/00S006, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Execitis
since 20062.153.829.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0002/00S006 | Flanders | 1,486 m² | 1 · 192 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2006
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
78100Employment placement agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.