ACTIVE

EXECO

Financial year 2025 · closed on 31/12/2025
Net result
414,6 k €
+54.1% YoY
Gross margin
185,0 k €
+82.7% YoY
Equity
1,3 M €
+5.4% YoY

What does EXECO do?

EXECO is a Private limited company incorporated in 2012. Its main activity is: Risk and damage evaluation. Its registered office is in Nazareth-De Pinte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0847.920.154
Incorporation
01/08/2012
Legal form
Private limited company
Registered office
Eeckhoutsdreef 6
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin185,0 k €101,3 k €162,7 k €142,6 k €125,5 k €141,6 k €158,7 k €96,5 k €81,9 k €93,8 k €74,9 k €107,8 k €28,4 k €
EBITDA182,8 k €97,0 k €158,9 k €122,5 k €123,2 k €137,0 k €156,5 k €95,0 k €80,5 k €90,1 k €73,8 k €107,1 k €27,2 k €
Operating result161,0 k €75,2 k €125,7 k €93,2 k €96,0 k €115,7 k €133,6 k €73,4 k €59,8 k €83,5 k €69,0 k €101,9 k €20,1 k €
Net result414,6 k €269,1 k €354,8 k €291,4 k €268,2 k €78,2 k €88,4 k €48,1 k €42,6 k €48,6 k €41,7 k €62,8 k €14,0 k €
Balance sheet
Equity1,3 M €1,3 M €1,1 M €787,2 k €530,8 k €262,6 k €184,4 k €97,6 k €49,5 k €61,9 k €77,8 k €89,2 k €26,4 k €
Total assets1,5 M €1,5 M €1,3 M €1,1 M €904,7 k €627,1 k €608,6 k €307,1 k €339,9 k €94,4 k €117,2 k €137,1 k €38,5 k €
Cash373,3 k €173,9 k €73,3 k €71,0 k €64,6 k €23,0 k €25,6 k €54,3 k €61,6 k €52,7 k €88,5 k €102,9 k €10,3 k €
Debts124,4 k €183,9 k €191,1 k €281,6 k €373,9 k €364,5 k €424,2 k €209,5 k €290,4 k €32,5 k €39,4 k €48,0 k €11,8 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

FREDERIC DULLAERT

Director

Active

Ended mandates

Frederic Dullaert

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202620/08/202527/06/202422/06/202316/06/202224/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202630/07/2026DutchPDF
Abridged model31/12/202430/05/202520/08/2025DutchPDF
Abridged model31/12/202331/05/202427/06/2024DutchPDF
Abridged model31/12/202226/05/202322/06/2023DutchPDF
Micro model31/12/202127/05/202216/06/2022DutchPDF
Micro model31/12/202028/05/202124/06/2021DutchPDF
Micro model31/12/201929/05/202013/07/2020DutchPDF
Micro model31/12/201831/05/201930/08/2019DutchPDF
Micro model31/12/201725/05/201807/06/2018DutchPDF
Micro model31/12/201626/05/201727/06/2017DutchPDF
Abridged model31/12/201527/05/201615/06/2016DutchPDF
Abridged model31/12/201429/05/201523/06/2015DutchPDF
Abridged model31/12/201330/05/201430/06/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

FREDERIC DULLAERT

Director

Active

Ended mandates

Frederic Dullaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/06/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/08/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025414,6 k €
  2. 2024
    Annual accounts 2024269,1 k €
  3. 2023
    Annual accounts 2023354,8 k €
  4. 2022
    Annual accounts 2022291,4 k €
  5. 2021
    Annual accounts 2021268,2 k €
  6. 2020
    Annual accounts 202078,2 k €
  7. 2019
    Annual accounts 201988,4 k €
  8. 2018
    Annual accounts 201848,1 k €
  9. 2017
    Annual accounts 201742,6 k €
  10. 2016
    Annual accounts 201648,6 k €
  11. 2015
    Annual accounts 201541,7 k €
  12. 2014
    Annual accounts 201462,8 k €
  13. 2013
    Annual accounts 201314,0 k €
  14. 01/08/2012
    IncorporationPrivate limited company