Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,342 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 3% of them on solvency, 33% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 06-11-2026 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).
In July 2024, 1,322 companies had the same profile as EXECUTIO has now. Each dot stands for 4 companies, two years later.
The bankruptcy probability of EXECUTIO itself is lower: 0.2% within 12 months. It rests on far more data about EXECUTIO than the profile alone.
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 1,322 companies, not a prediction for EXECUTIO. 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.
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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.
| Company | ||||
|---|---|---|---|---|
| EXECUTIO Molenbeek-Saint-Jean | €3,281 | -€4,333 | -148.1% | - |
| AG CORP Sint-Gillis (bij-Brussel) | €3,017 | €141 | -19.6% | - |
| EKN Management Woluwe-Saint-Pierre | €3,168 | -€909 | 66.0% | - |
| MF ART CONSULTING Schaerbeek | €2,918 | -€1,043 | -35.6% | - |
| Beldoc Brussels | €3,190 | €607 | 45.4% | - |
| DELTAKRYO Saint-Nicolas | €3,381 | -€1,569 | 93.7% | - |
| APERTUS INVEST Wavre | €3,131 | -€7,695 | -200.5% | - |
These companies have the same main activity as EXECUTIO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2,920 and €3,380, founded between 2024 and 2025.
EXECUTIO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,858) and a net result of -€5,858.
Its solvency ranks better than 5% of 39,342 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
3,281 | |
29/58 |
3,281 | |
54/58 |
3,281 | |
| Balance sheet: equity and liabilities | ||
10/49 |
3,281 | |
10/15 |
-4,858 | |
10/11 |
1,000 | |
14 |
-5,858 | |
17/49 |
8,139 | |
42/48 |
8,139 | |
44 |
1,906 | |
440/4 |
1,906 | |
45 |
713 | |
450/3 |
713 | |
47/48 |
5,520 | |
| Income statement | ||
9900 |
-4,333 | |
640/8 |
400 | |
66A |
1,000 | |
9901 |
-5,733 | |
75/76B |
3 | |
75 |
3 | |
65/66B |
128 | |
65 |
128 | |
9903 |
-5,858 | |
9904 |
-5,858 | |
9905 |
-5,858 | |
| Appropriation of the result | ||
9906 |
-5,858 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00350952 |
| Line | Trend | 2025 |
|---|---|---|
| -4,858 |
The ratios are withheld because a balance sheet total of €3,281 is too small for a meaningful ratio.
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.
Equity is negative. Debt (€8,139) exceeds the balance-sheet total (€3,281).
EXECUTIO has no parent and no holdings in its annual accounts. LOTF ALLAH Moad is the only director. EXECUTIO shares no director with another company.
| R.B.S. TRANS
registered office since 24-10-2017 · founded in 2017 |
turnover €5.6m (2025) 0682.665.709 |
| ROLF PROJECTS
registered office since 04-06-2019 · founded in 2019 |
total assets €1.6m (2025) 0727.723.494 |
| H & R TRADING
registered office since 15-02-2010 · founded in 2009 · negative equity (2025) |
turnover €1.6m (2025) 0820.466.481 |
| Clever Square
registered office since 28-04-2021 · founded in 2021 · negative equity (2025) |
total assets €1.6m (2025) 0767.619.002 |
| SOFIMED
registered office since 12-09-2019 · founded in 2019 |
total assets €1.4m (2025) 0733.987.914 |
| SLT COMPANY
registered office since 04-01-2021 · founded in 2021 · accounts filed late |
13 FTE (2024) 0760.767.139 |
| DAVINS
registered office since 10-07-2013 · founded in 2013 · negative equity (2025) |
turnover €356,148 (2025) 0536.564.210 |
| AZ
registered office since 25-09-2001 · founded in 2001 · accounts filed late |
total assets €1.2m (2022) 0475.710.962 |
| OLB
registered office since 01-08-2016 · founded in 2014 |
total assets €1.2m (2025) 0553.613.147 |
| HUDE MEDIC
registered office since 04-08-2003 · founded in 2003 · accounts filed late |
total assets €1.1m (2024) 0859.923.311 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Vrijheidslaan 175 registered office 1080 Molenbeek-Saint-Jean | 21-01-2025 | 2.369.127.307 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21526D0069/02A005 | 310 m² | 1 · 243 m² | 10.9 m · 2 |
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