ExecuJet MRO Services Belgium
0434.695.206 · rovalta.com · 24/09/2026
ACTIVE
ExecuJet MRO Services Belgium
Financial year 2024 · closed on 31/12/2024
Net result
833,2 k €
+184.4% YoY
Gross margin
3,3 M €
+47.3% YoY
Equity
7,1 M €
+11.5% YoY
Workforce
22,0 ETP
+6.8% YoY
Overview
What does ExecuJet MRO Services Belgium do?
ExecuJet MRO Services Belgium is a Public limited company incorporated in 1988. Its registered office is in Wevelgem. It employs on average 22,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0434.695.206
Incorporation
23/06/1988
Legal form
Public limited company
Registered office
Kortrijkstraat 345/D
8560 Wevelgem · FlandreSee on map
8560 Wevelgem · FlandreSee on map
Contributed capital
4 200 000,00 €
Latest accounts
31/12/2024
Average workforce
22,0 ETP
Joint committees (3)
- 112
- 218
- 31502
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 3,3 M € | +47.3% | 2,3 M € | +23.7% | 1,8 M € | +27.1% | 1,4 M € | +31.9% | 1,1 M € | -57.8% | 2,6 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||
| EBITDA | 1,1 M € | +144% | 460,5 k € | +170% | 170,5 k € | +955% | -20 k € | +91.9% | -246,9 k € | -118% | 1,4 M € | +781% | 157,2 k € | -73.5% | 593,3 k € | +104% | 291,4 k € | +94.8% | 149,6 k € | -22.5% | 193 k € | -56.1% | 439,2 k € | +35.8% | 323,3 k € | +58.8% | 203,6 k € | +0.9% | 201,7 k € | -16.7% | 242,2 k € | +27.8% | 189,5 k € | +228% | 57,8 k € | -62.1% | 152,7 k € |
| Operating result | 1 M € | +236% | 306,5 k € | +257% | -195,7 k € | -18.7% | -164,8 k € | +64.1% | -459,1 k € | -138% | 1,2 M € | +871% | -158,8 k € | -164% | 249,1 k € | -7.8% | 270,2 k € | +164% | 102,2 k € | -33.8% | 154,5 k € | -65.6% | 449 k € | +69.2% | 265,3 k € | +225% | 81,6 k € | +97.7% | 41,3 k € | -43.1% | 72,5 k € | +23.9% | 58,5 k € | +997% | 5,3 k € | -86.2% | 38,8 k € |
| Net result | 833,2 k € | +184% | 293 k € | +314% | -136,9 k € | -3.8% | -131,9 k € | +62.0% | -346,9 k € | -154% | 645,6 k € | +427% | -197,4 k € | -310% | 94,2 k € | -33.9% | 142,6 k € | -86.5% | 1,1 M € | +1167% | 83,1 k € | -70.7% | 283,7 k € | +55.4% | 182,5 k € | +367% | 39,1 k € | +455% | -11 k € | -159% | 18,7 k € | -9.1% | 20,6 k € | +200% | -20,6 k € | -213% | 18,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 7,1 M € | +11.5% | 6,3 M € | +3.9% | 6,1 M € | -2.2% | 6,2 M € | -2.1% | 6,4 M € | +140% | 2,7 M € | +35.7% | 2 M € | -9.2% | 2,2 M € | +4.6% | 2,1 M € | +7.4% | 1,9 M € | +122% | 862,6 k € | +10.7% | 779,5 k € | +57.2% | 495,8 k € | -35.0% | 763,3 k € | +5.4% | 724,3 k € | -1.5% | 735,3 k € | +2.6% | 716,6 k € | +498% | 119,8 k € | -14.7% | 140,4 k € |
| Total assets | 9,8 M € | +8.5% | 9,1 M € | +11.4% | 8,1 M € | +15.3% | 7,1 M € | -7.5% | 7,6 M € | +8.1% | 7,1 M € | +23.2% | 5,7 M € | -14.1% | 6,7 M € | +5.0% | 6,4 M € | +75.0% | 3,6 M € | +156% | 1,4 M € | +7.1% | 1,3 M € | -23.4% | 1,7 M € | -14.4% | 2 M € | +16.7% | 1,7 M € | -1.6% | 1,8 M € | -7.1% | 1,9 M € | +59.2% | 1,2 M € | +4.1% | 1,1 M € |
| Cash | 858,6 k € | -53.5% | 1,8 M € | +243% | 538,5 k € | -34.1% | 816,6 k € | -34.3% | 1,2 M € | +1871% | 63 k € | -61.5% | 163,6 k € | -32.8% | 243,4 k € | +76.4% | 138 k € | +4.8% | 131,6 k € | +186% | 45,9 k € | -38.0% | 74,1 k € | +62.6% | 45,5 k € | -88.0% | 379,4 k € | +7.3% | 353,7 k € | -9.6% | 391,1 k € | +44.7% | 270,3 k € | +540% | 42,2 k € | -48.4% | 81,8 k € |
| Debts | 2,5 M € | -0.1% | 2,5 M € | +39.5% | 1,8 M € | +235% | 544,7 k € | -44.3% | 978,4 k € | -75.7% | 4 M € | +22.8% | 3,3 M € | -18.4% | 4 M € | +6.2% | 3,8 M € | +299% | 947,5 k € | +72.1% | 550,6 k € | +2.3% | 538,2 k € | -55.4% | 1,2 M € | -1.8% | 1,2 M € | +26.3% | 974 k € | -1.7% | 990,4 k € | -13.6% | 1,1 M € | +10.4% | 1 M € | +7.1% | 969,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 22,0 ETP | +6.8% | 20,6 ETP | +4.6% | 19,7 ETP | -1.0% | 19,9 ETP | +7.0% | 18,6 ETP | +4.5% | 17,8 ETP | -18.3% | 21,8 ETP | 0.0% | 21,8 ETP | -6.4% | 23,3 ETP | 0.0% | 23,3 ETP | +14.2% | 20,4 ETP | +4.1% | 19,6 ETP | -12.1% | 22,3 ETP | -6.3% | 23,8 ETP | +0.4% | 23,7 ETP | -3.7% | 24,6 ETP | -5.0% | 25,9 ETP | +90.4% | 13,6 ETP | +2.3% | 13,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 5 active · 35 ended
Active mandates
Nicolas PIERROT
ActiveMatthijs HUTSEBAUT
ActiveBenoit DE BASTIER DE VILLARS DE BEZ D'ARRE
ActiveBeverly CROSBY
ActiveGraeme DUCKWORTH
ActiveEnded mandates
Matthijs Hutsebaut
EndedChristophe De Coppel
EndedChristophe De Coppel
EndedBart Hautekeer
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ABELAG AVIATION● Active | 0427.155.930 |
ABELAG HOLDING● Active | 0890.113.075 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/08/2025 | 03/07/2024 | 20/10/2023 | 02/11/2022 | 03/03/2023 | 19/10/2020 |
| General meeting | 29/08/2025 | 11/06/2024 | 22/09/2023 | 14/06/2022 | 08/06/2021 | 10/09/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 29/08/2025 | 30/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 03/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/09/2023 | 20/10/2023 | Dutch | |
| Abridged modelCorrection | 31/12/2021 | 14/06/2022 | 03/03/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 02/11/2022 | Dutch | |
| Abridged modelCorrection | 31/12/2020 | 08/06/2021 | 03/03/2023 | Dutch | |
| Abridged model | 31/12/2020 | 08/06/2021 | 16/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 10/09/2020 | 19/10/2020 | Dutch | |
| Full model | 31/12/2018 | 20/08/2019 | 30/08/2019 | Dutch | |
| Full model | 31/12/2017 | 12/06/2018 | 20/07/2018 | Dutch | |
| Full model | 31/12/2016 | 13/06/2017 | 30/06/2017 | Dutch | |
| Full model | 31/12/2015 | 14/06/2016 | 28/06/2016 | Dutch | |
| Full model | 31/12/2014 | 09/06/2015 | 19/06/2015 | Dutch | |
| Full model | 31/12/2013 | 10/06/2014 | 25/07/2014 | Dutch | |
| Full model | 31/12/2012 | 11/06/2013 | 02/07/2013 | Dutch | |
| Full model | 31/12/2011 | 12/06/2012 | 16/07/2012 | Dutch | |
| Full model | 31/12/2010 | 14/06/2011 | 15/07/2011 | Dutch | |
| Full model | 31/12/2009 | 08/06/2010 | 13/07/2010 | Dutch | |
| Full model | 31/12/2008 | 09/06/2009 | 07/07/2009 | Dutch | |
| Full model | 31/12/2007 | 10/06/2008 | 30/08/2008 | Dutch | |
| Full model | 31/12/2006 | 12/06/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 5 active · 35 ended
Active mandates
Nicolas PIERROT
ActiveMatthijs HUTSEBAUT
ActiveBenoit DE BASTIER DE VILLARS DE BEZ D'ARRE
ActiveBeverly CROSBY
ActiveGraeme DUCKWORTH
ActiveEnded mandates
Matthijs Hutsebaut
EndedChristophe De Coppel
EndedChristophe De Coppel
EndedBart Hautekeer
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates03/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates04/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates24/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates24/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates16/02/2021ONTSLAGEN - BENOEMINGEN
- Capital / shares19/11/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates03/01/2020ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024833,2 k €↑
- 2023Annual accounts 2023293 k €↑
- 2022Annual accounts 2022-136,9 k €↓
- 2021Annual accounts 2021-131,9 k €↑
- 2020Annual accounts 2020-346,9 k €↓
- 2019Annual accounts 2019645,6 k €↑
- 2018Annual accounts 2018-197,4 k €↓
- 2017Annual accounts 201794,2 k €↓
- 2016Annual accounts 2016142,6 k €↓
- 2015Annual accounts 20151,1 M €↑
- 2014Annual accounts 201483,1 k €↓
- 2013Annual accounts 2013283,7 k €↑
- 2012Annual accounts 2012182,5 k €↑
- 2011Annual accounts 201139,1 k €↑
- 2010Annual accounts 2010-11 k €↓
- 2009Annual accounts 200918,7 k €↓
- 2008Annual accounts 200820,6 k €↑
- 2007Annual accounts 2007-20,6 k €↓
- 2006Annual accounts 200618,2 k €
- 23/06/1988IncorporationPublic limited company