EXECUTIVE TECH
ActiveSummary
EXECUTIVE TECH has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,947 and a net result of €16,295. Its solvency ranks better than 27% of 8,540 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- €46,947
- Profit
- €16,295
- THEUNIS Joppe RomainDirector
Why 65raises riskFounded in 20231 change of registered office in 24 monthslowers riskSector: Advertising, market research and public relations activities (NACE 73)Figures for financial year 2025 (filed 31-07-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 28% on solvency, 40% on liquidity, 52% on profitability and 83% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 16 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 29% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,778 | €21,173 | ▲ 662% |
| Other operating charges640/8 | €634 | €902 | ▲ 42.3% |
| Gross operating margin9900 | €45,162 | €51,734 | ▲ 14.6% |
| Operating profit (loss)9901 | €41,750 | €29,659 | ▼ 29.0% |
| Financial income75/76B | €300 | €0 | ▼ 100.0% |
| Recurring financial income75 | €300 | €0 | ▼ 100.0% |
| Financial charges65/66B | €3,697 | €6,327 | ▲ 71.1% |
| Recurring financial charges65 | €3,697 | €6,327 | ▲ 71.1% |
| Profit (loss) for the period before taxes9903 | €38,353 | €23,332 | ▼ 39.2% |
| Income taxes67/77 | €11,035 | €7,037 | ▼ 36.2% |
| Profit (loss) for the period9904 | €27,318 | €16,295 | ▼ 40.4% |
| Profit (loss) for the period to be appropriated9905 | €27,318 | €16,295 | ▼ 40.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €92,582 | €204,740 | ▲ 121% |
| Fixed assets21/28 | €36,649 | €132,954 | ▲ 263% |
| Tangible fixed assets22/27 | €36,649 | €132,954 | ▲ 263% |
| Plant, machinery and equipment23 | €2,092 | €1,863 | ▼ 11.0% |
| Furniture and vehicles24 | €34,557 | €30,955 | ▼ 10.4% |
| Other tangible fixed assets26 | - | €100,135 | - |
| Current assets29/58 | €55,932 | €71,786 | ▲ 28.3% |
| Amounts receivable within one year40/41 | €39,359 | €55,464 | ▲ 40.9% |
| Trade receivables40 | €30,033 | €55,028 | ▲ 83.2% |
| Other amounts receivable41 | €9,326 | €436 | ▼ 95.3% |
| Cash at bank and in hand54/58 | €15,436 | €15,166 | ▼ 1.7% |
| Deferred charges and accrued income490/1 | €1,137 | €1,156 | ▲ 1.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €92,582 | €204,740 | ▲ 121% |
| Equity10/15 | €31,485 | €46,947 | ▲ 49.1% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €26,485 | €41,947 | ▲ 58.4% |
| Distributable reserves133 | €26,485 | €41,947 | ▲ 58.4% |
| Amounts payable17/49 | €61,097 | €157,793 | ▲ 158% |
| Amounts payable after more than one year17 | €23,098 | €109,168 | ▲ 373% |
| Financial debts170/4 | €23,098 | €109,168 | ▲ 373% |
| Amounts payable within one year42/48 | €37,399 | €48,423 | ▲ 29.5% |
| Current portion of amounts payable after more than one year42 | €5,551 | €10,541 | ▲ 89.9% |
| Trade debts44 | €14,123 | €2,112 | ▼ 85.0% |
| Suppliers440/4 | €14,123 | €2,112 | ▼ 85.0% |
| Taxes, remuneration and social security45 | €16,897 | €28,884 | ▲ 70.9% |
| Taxes450/3 | €16,897 | €28,884 | ▲ 70.9% |
| Other amounts payable47/48 | €828 | €6,887 | ▲ 732% |
| Accrued charges and deferred income492/3 | €600 | €202 | ▼ 66.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €27,318 | €16,295 | ▼ 40.4% |
| + Depreciation and write-downs630 | €2,778 | €21,173 | ▲ 662% |
| Operating cash flow (approximation) | €30,096 | €37,468 | ▲ 24.5% |
| Investment in fixed assets (approximation) | - | -€117,477 | - |
| Change in cash | - | -€270 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00362610 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00200700 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| THEUNIS Joppe Romain |
|
Owners and capital
Capital and shareholders
- THEUNIS Joppe Romain 1,000 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-12-2023 Incorporation · €5,000 · 1,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-06
Gazette deed
Registered officeRegistered-office move3 facts ▸
- General meeting, 30-04-2025
- Registered-office move, Amandusberglaan 25 te 3724 Hasselt
- Other provision, “present, illegible” (deed in Dutch)
27-12
Gazette deed
IncorporationAppointment: THEUNIS Joppe Romain (director) · Founder · Founding capital11 facts ▸
- Founder, THEUNIS Joppe Romain
- Incorporation, “EXECUTIVE TECH” (deed in Dutch)
- Founding capital, €5,000
- Other provision, “bekwaamheid en identiteit comparant, rijksregister” (deed in Dutch)
- Other provision, “financieel plan en oprichtersaansprakelijkheid”, 5000 (deed in Dutch)
- Bank account, 5000, EUR
- Other provision, “bevestiging deponering en beschikking”, 5000 (deed in Dutch)
- Registered office clause, “3730 Hoeselt, Bilzersteenweg 51, slechts uitwerking vanaf neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, THEUNIS Joppe Romain (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen sinds heden door comparant in naam en voor rekening van…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73090G0367/00Y000 | Flanders | 729 m² | 1 · 153 m² | 6.8 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van adviezen en consultancy van commerciële,technische of administratieve aard;in de ruimste zin bijstand en diensten…” (deed in Dutch)
17 activities (deed in Dutch)
- Het verlenen van adviezen en consultancy van commerciële,technische of administratieve aard;in de ruimste zin bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van sales,marketing,reclame,informatica,IT en ICT,administratie,bedrijfsorganisatie,financieel en commercieel management,verkoop,algemeen bestuur,personeelsmanagement,managementvennootschap.
- Consultancy en advies,opleiding,lesgeven in,training,organisatie van seminaries en cursussen betreffende sales,marketing,kwaliteit,commerciële- en andere bedrijfsaangelegenheden in de ruimste betekenis.
- IT en ICT in haar meest ruime betekenis.
- Outsourcing van personeel,interimkantoor,arbeidsbemiddeling,uitzendkantoor,headhunting in de meest ruime betekenis.
- Import en export,groot-en kleinhandel,handelsbemiddeling,agentuur,commissionairsactiviteiten in IT en ICT en in alle producten van welke aard dan ook beschikbaar op de markt.
- Advies en bijstand bij het algemeen management.
- Advies inzake initiatie en aansturing van nieuwe projecten,innovatieprojecten,e.a.
- Advies en bijstand op het vlak van investeringen : budgettering,opstellen van studies,offertes,advies inzake aankopen en de implementatie van investeringen.
- Projectmanagement en engineering
- Bijstand op het vlak van kwalificatie en evaluatie van personeel en kwaliteitsborging.
- Het waarnemen van alle bestuursopdrachten ,het uitoefenen van opdrachten en functies in andere vennootschappen,ondernemingen en/of verenigingen
- Horeca in de meest uitgebreide betekenis.
- Verhuur van vakantiewoningen,hoteldiensten,bed & breakfast,glamping,camping.
- De organisatie van evenementen,shows,concerten,optreden,bruiloften,banketten,teambuildings,cocktails,lunches,recepties,manifestaties,sport-,cultuur- en andere organisaties en dit in haar meest ruime betekenis.
- Het aanleggen,het uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden ,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen alsmede alle handelingen die rechtsreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze of andere roerende en onroerende goederen.
- Het aanleggen,beheren en uitbouwen van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het kopen,verkopen en aanhouden van effecten en participaties in andere vennootschappen,activiteit van holdingvennootschappen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EXECUTIVE TECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan vestiging administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Vergoeding bestuurders, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “1000, gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid aantal bij meer kopers, elke overdracht onder levenden ten…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)