Summary
EXECO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.3m and a net result of €414,624. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 93% of 1,842 sector peers (NACE 66, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial
Highest result from 2018 to 2025net €414,624 ▲54.1%
Operating result €160,957, net result €414,624, both a record.
20-08
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 20 days late
2024
27-06
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
02-02
Gazette deed
Resignation: Frederic Dullaert (manager)Appointment: Frederic Dullaert (director) · Amendment of the articles · Capital conversion12 facts ▸
Gazette deed
Resignation: Frederic Dullaert (manager)
Appointment: Frederic Dullaert (director) · Amendment of the articles · Capital conversion12 facts ▸
- General meeting, 26-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Other provision, “TITEL III – Effecten, geen operatieve bepaling in uittreksel, enkel titel met weglatingsteken” (deed in Dutch)
- Director resignation, Frederic Dullaert (manager)
- Director appointment, Frederic Dullaert (director (not named in the articles))
- Director discharge, Frederic Dullaert
- Registered office clause, “9810 Nazareth,Eeckhoutsdreef 6” (deed in Dutch)
- Power of attorney
- Power of attorney, Stijn Raes
2023
31-12
Financial
Liquidity more than doubledcurrent ratio 4.93
Current ratio from 1.99 to 4.93; short-term debt falls from €190,284 to €127,385.
31-12
Financial
Equity above €1mequity €1.1m ▲39%
A profit in every financial year since 2018 builds equity to €1.1m.
22-06
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
16-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Liquidity more than quadruplescurrent ratio 1.65
Current ratio from 0.38 to 1.65.
31-12
Financial
Equity above €500,000equity €530,790 ▲102%
A profit in every financial year since 2018 builds equity to €530,790.
24-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
Show earlier events
2020
31-12
Financial
Equity above €200,000equity €262,605 ▲42.4%
A profit in every financial year since 2018 builds equity to €262,605.
13-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial
Equity above €150,000equity €184,437 ▲88.9%
A profit in every financial year since 2018 builds equity to €184,437.
30-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
07-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
27-06
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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