Result
-€75,399 -€75,399
From profit to loss in 2025, after a profit of €136,593 in 2024.
EXECURE
Overview
Lifetime
2 annual accounts with figures on one time axispeak €180,773 (2024)
-€64,817▼ €245,589
lowest -€75,399 (2025)
-€75,399▼ €211,992
peak €139,093 (2024)
€63,693▼ 54.2%
€18,170▼ 26.3%
Board2 names since 2023
2 directorsSPLETINCKX Katelijn Johanna and 1 other
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €180,773 to -€64,817Loss of €75,399Equity from €139,093 to €63,693Debts from €24,645 to €18,1701 establishment registeredInvestments €7,791
Key points
from the 2025 annual accountsInvestments
€7,791 4.3 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€75,399
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Turnover not published (micro format)
Checked score
55
Fair
Financially stronger than 40% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.4%
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: < 0.1%▼ -0.4 percentage points vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
1 change of registered office in 24 months
Loss of €75,399 (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 3.86, cash €16,023, halved
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 86% of them on solvency, 59% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 3,223 companies had the same profile as EXECURE has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EXECURE itself is lower: 0.4% within 12 months. It rests on far more data about EXECURE than the profile alone.
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 3,223 companies, not a prediction for EXECURE. 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 €3,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 3.86 (6.41 in 2024), above the usual 1.5. Short-term debt is 22.2% and cash 19.6% of total assets. 22.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 09-06-2026, 52 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
52 days early
2024
69 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 61 days before 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN ASCH Wim 50 sharesdeed of 08-12-2023
- SPLETINCKX Katelijn Johanna 50 sharesdeed of 08-12-2023
Recent changes
Registered office moved to Mechelen
New registered office: Frederik de Merodestraat 49, 2800 Mechelen · Board meeting of 09-02-2026 · Gazette deed
New establishment in Mechelen
Frederik de Merodestraat 49
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003043742
Incorporation
Founding capital of €2,500, 100 shares · Founders: VAN ASCH Wim and SPLETINCKX Katelijn Johanna · Appointments: VAN ASCH Wim (director) and SPLETINCKX Katelijn Johanna (director) · published on 08-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EXECURE Mechelen | €81,863 | -€64,817 | 77.8% | - |
| COVAS Consulting Mechelen | €69,340 | €755 | 82.4% | - |
| Opartisk Bonheiden | €83,377 | -€14,029 | 95.6% | - |
| 27TWO Brasschaat | €90,205 | -€2,467 | -5.7% | - |
| ALEXAFIE MANAGEMENT Antwerp | €82,021 | -€12,409 | 68.8% | - |
| BOEN Herentals | €82,217 | -€5,437 | -3.9% | - |
| RINS SPORTS & MOTOR CONSULT Antwerp | €94,657 | -€287 | -26.4% | - |
These companies have the same main activity as EXECURE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €69,300 and €94,700, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-12-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment units
- 2.353.916.8162800 Mechelen, since 06-12-2023
- 2.378.688.0422800 Mechelen, since 01-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Annual accounts 2025
- -€64,817
- €75,399
- €63,693▼ 54.2%
- €81,863▼ 50.0%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on EXECURE
The annual accounts of EXECURE for financial year 2025 show a net loss of 92% of total assets and of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €63,693 and a net result of -€75,399.
Its solvency ranks better than 75% of 39,368 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-06-2026, 52 days before the deadline-€64,817
▼ €245,589
-€66,783
▼ €247,255
-€75,399
▼ €211,992
€51,972
▼ 61.0%
77.8%
▼ 7.1 percentage points
3.86
▼ 2.55
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €81,863 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
77.8%
Higher than 75% of 39,368 companies in 2025.
3.86
Higher than 71% of 38,051 companies in 2025.
-92.1%
Lower than 95% of 38,523 companies in 2025.
EXECURE
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
81,863 | 163,738 | |
21/28 |
11,722 | 5,747 | |
22/27 |
11,722 | 5,747 | |
22 |
7,729 | - | |
24 |
3,993 | 5,747 | |
29/58 |
70,141 | 157,991 | |
40/41 |
15,025 | 53,029 | |
40 |
2,913 | 48,303 | |
41 |
12,112 | 4,725 | |
50/53 |
30,242 | 61,819 | |
54/58 |
16,023 | 34,493 | |
490/1 |
8,851 | 8,650 | |
| Balance sheet: equity and liabilities | |||
10/49 |
81,863 | 163,738 | |
10/15 |
63,693 | 139,093 | |
10/11 |
2,500 | 2,500 | |
13 |
178,693 | 136,593 | |
132 |
84,200 | 42,100 | |
133 |
94,493 | 94,493 | |
14 |
-117,499 | - | |
17/49 |
18,170 | 24,645 | |
42/48 |
18,170 | 24,645 | |
43 |
8,248 | 5,573 | |
430/8 |
8,248 | 5,573 | |
44 |
9,922 | 764 | |
440/4 |
9,922 | 764 | |
45 |
0 | 7,500 | |
450/3 |
0 | 7,500 | |
47/48 |
0 | 10,808 | |
| Income statement | |||
9900 |
-64,817 | 180,773 | |
630 |
1,816 | 117 | |
640/8 |
150 | 183 | |
9901 |
-66,783 | 180,472 | |
75/76B |
3,790 | 2 | |
75 |
3,790 | 2 | |
65/66B |
2,406 | 4,382 | |
65 |
2,406 | 4,382 | |
9903 |
-65,399 | 176,093 | |
67/77 |
10,000 | 39,500 | |
9904 |
-75,399 | 136,593 | |
689 |
42,100 | 42,100 | |
9905 |
-117,499 | 94,493 | |
| Appropriation of the result | |||
9906 |
-117,499 | 94,493 | |
691/2 |
0 | 94,493 | |
6921 |
0 | 94,493 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -64,967 | 180,589 | ||
| -73,583 | 136,710 | ||
| 7,791 | 5,864 | ||
| -18,470 | - | ||
| 51,972 | 133,346 | ||
| 77.8% | 84.9% | ||
| 3.86 | 6.41 | ||
| 0.29 | 0.18 | ||
| -118.4% | 98.2% | ||
| -92.1% | 83.4% | ||
| -27.00 | 41.21 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €7,791 | €5,864 |
| €1,816 | €117 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on EXECURE
The operating result for 2025 is a loss of €66,783, after a profit of €180,472 in 2024.
Debt's share of the balance-sheet total rises from 15.1% to 22.2%. Equity and debt are lower.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 06-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 09-06-2026
Director (not named in the articles)
since 06-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 09-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Bij uitgaven hoger dan € 50.000,00 is de handtekening van beide bestuurders vereist. Iedere bestuurder vertegenwoordigt de vennootschap…”deed of 08-12-2023
Mandates through the years
2 names, the dashed line is todaySPLETINCKX Katelijn Johanna
Director (not named in the articles)
Director (not named in the articles)
VAN ASCH Wim
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SPLETINCKX Katelijn Johanna
- Director (not named in the articles), from 06-12-2023 to date
- VAN ASCH Wim
- Director (not named in the articles), from 06-12-2023 to date
Control
Founders
This company
EXECURE
Equity €63,693
Loss €75,399 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €637 in 2025
- Source
- deed of 08-12-2023
Articles of association
deed of 08-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 14:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 08-12-2023 ↗
- VAN ASCH Wim 50 shares (50%) · €1,250
- SPLETINCKX Katelijn Johanna 50 shares (50%) · €1,250
Network & group
No group
EXECURE has no parent and no holdings in its annual accounts. EXECURE shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 52 days before the deadline
Registered office moved to MechelenNew registered office: Frederik de Merodestraat 49, 2800 Mechelen · Board meeting of 09-02-20262 points ▸
- Board meeting, 09-02-2026
- Registered-office move, Frederik de Merodestraat 49, 2800 Mechelen
2025
New establishment in Mechelen Frederik de Merodestraat 49
Annual accounts 2024 filed PDFmicro format · 69 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003043742
2023
IncorporationFounding capital of €2,500, 100 shares · Founders: VAN ASCH Wim and SPLETINCKX Katelijn Johanna · Appointments: VAN ASCH Wim (director) and SPLETINCKX Katelijn Johanna (director) · published on 08-12-20235 points ▸
- Founder, VAN ASCH Wim
- Founder, SPLETINCKX Katelijn Johanna
- Founding capital, €2,500, 100 shares
- Director appointment, VAN ASCH Wim (director (not named in the articles))
- Director appointment, SPLETINCKX Katelijn Johanna (director (not named in the articles))
- The deed holds 4 more points.
First establishment Onze-Lieve-Vrouwestraat 87, Mechelen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1003.043.742
- VAT number
- BE 1003.043.742
- Peppol ID
- 0208:1003043742
- Other Peppol ID
- 9925:BE1003043742
- LEI code
- 699400PYQR7GPU09HR20 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-12-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 14:00deed of 08-12-2023 (in Dutch)
- Peppol
- Reachable since 06-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EXECURE in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 08-12-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Onze-Lieve-Vrouwestraat 87, 2800 Mechelen”deed of 08-12-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Adviesverlening inzake hr-beleid, werving en selectie, opleiding en training van vaste en tijdelijke medewerkers, talent management, change…”deed of 08-12-2023 (in Dutch)
7 activities
- Adviesverlening inzake hr-beleid, werving en selectie, opleiding en training van vaste en tijdelijke medewerkers, talent management, change management, carrière coaching, outplacement en ontslagbegeleiding, projectmanagement, personeels- en loopbaanplanning, beoordeling en assessment, opmaak functieprofielen en functieclassificatie, pensioenbegeleiding en training;
- Het verlenen van adviezen en consulting inzake algemeen management, bedrijfsvoering en beheer, omvattend onder meer consulting en dienstverlening van financiële, technische, commerciële, logistieke, operationele en administratieve aard in de ruimste zin;
- Het geven van cursussen en voordrachten en het publiceren van artikels en boeken;
- De bemiddeling en de makelarij in de breedste zin van onroerende goederen voor eigen rekening en voor rekening van anderen, evenals verwante transacties en verrichtingen, met inbegrip van aankoop, verkoop, verhuur, verpachting, onroerende leasing van onbebouwde en bebouwde onroerende goederen;
- De vastgoedhandel in het algemeen en de promotie ervan;
- Het aankopen, ruilen, verkopen, huren en onderhuren, verhuren en onderverhuren, met of zonder aankoopoptie, het uitbaten en het onderhouden van huizen, appartementen, kantoren, winkels, handelsfondsen, terreinen, gronden en domeinen, en, meer algemeen, van alle onroerende goederen en rechten, alsook het uitvoeren van alle mogelijke financieringsverrichtingen;
- Het uitoefenen van de functie van syndicus en de daarbij gepaarde gaande taken.
Registered office and establishments
2 establishments| Establishment | Since | Unit number |
|---|---|---|
| Onze-Lieve-Vrouwestraat 87 2800 Mechelen | 06-12-2023 | 2.353.916.816 |
| Frederik de Merodestraat 49 registered office 2800 Mechelen | 01-09-2025 | 2.378.688.042 |
Buildings and parcels at the addresses
- Ground area
- 952 m²
- Buildings
- 308 m²
- Volume, LiDAR
- 3,821 m³
- Tallest building
- 20.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12025D0551/00N003 | 495 m² | 1 · 135 m² | 20.0 m · 6 |
| 12025B0163/00G000 | 457 m² | 1 · 173 m² | 15.5 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.