Financials
Financial year 2024
ExecuJet MRO Services Belgium from Wevelgem, company number BE0434695206, closed financial year 2024 with a result of € 833,179 after tax. For that financial year ExecuJet MRO Services Belgium recorded a gross margin of € 3.3 million and equity of € 7.1 million. Compared with financial year 2023, the result moved from € 292,961 to € 833,179. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ 7.1 million
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 833,179
▲ 184% vs 2023
Profit after tax over the fiscal year.
€ 858,584
▼ 53% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.9 million.
People and assets in 2024
22
▲ 1.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 16% vs 2023
€ 92,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,562
▲ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.9 million
▼ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 504,869
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,434,893 | € 1,823,047 | € 2,254,576 | € 3,320,536 | ▲ 47% |
| Profit after taxes | € -131,851 | € -136,851 | € 292,961 | € 833,179 | ▲ 184% |
| Equity | € 6,228,145 | € 6,091,294 | € 6,331,339 | € 7,056,601 | ▲ 11% |
| Total debts | € 590,447 | € 1,833,786 | € 2,549,829 | € 2,546,463 | |
| Cash | € 816,609 | € 538,460 | € 1,845,474 | € 858,584 | ▼ 53% |
| Land & buildings | € 1,413,268 | € 1,270,981 | € 1,156,922 | € 1,043,197 | ▼ 10% |
| Retained profit | € 2,028,145 | € 1,891,294 | € 2,131,339 | € 2,856,601 | ▲ 34% |
| Balance sheet total | € 7,062,673 | € 8,143,606 | € 9,074,138 | € 9,841,333 | ▲ 8% |
| Employees (FTE) | 19.9 | 19.7 | 20.6 | 22 | ▲ 1.4 |
Key figures of ExecuJet MRO Services Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ExecuJet MRO Services Belgium?
What happened at ExecuJet MRO Services Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 833,179 (▲ 184% vs 2023). filed late Source: NBB ↗
- Nicolas PIERROT stepped down as director. NBB
- Graeme DUCKWORTH stepped down as director. NBB
- Matthijs HUTSEBAUT stepped down as director. NBB
- Beverly CROSBY stepped down as director. NBB
- Nicolas PIERROT became a director. NBB
- Benoit DE BASTIER DE VILLARS DE BEZ D'ARRE stepped down as director. NBB
- Matthijs HUTSEBAUT became a director. NBB
In short
From € 131,851 loss in 2021 to € 833,179 profit in 2024.
Paid € 429,986 in corporate taxes since 2021.
Best year ever: 2024, with € 833,179 profit.
On average € 150,900 of value added per employee in 2024.
Management
The shares are held by Dassault Aviation.
Directors
According to the 2024 annual accounts
Nicolas PIERROT
Director
since 2024 · until 2025
Graeme DUCKWORTH
Managing director
since 2019 · until 2025
Benoit DE BASTIER DE VILLARS DE BEZ D'ARRE
Director
since 2019 · until 2024
Matthijs HUTSEBAUT
Director
since 2021 · until 2025
Beverly CROSBY
Director
since 2019 · until 2025
Shareholders
Dassault Aviation
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 345/D
8560 Wevelgem
Kortrijkstraat 345 box D
8560 Wevelgem
Active since 28 October 1988
Luchthaven Brussel Nationaal ZN
1930 Zaventem
Active since 26 June 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
SUCURI-SEC - Sucuri, US
DNS
AWS Route 53
Domain
Domain
execujet-mro.com
Registered
2019-02-08
Registrar
Amazon Registrar, Inc.
Expires
2027-02-08
Website info
Features
Security
Details
- Company number
- 0434.695.206
- VAT number
- BE 0434.695.206
- Registered office
- Kortrijkstraat 345/D, 8560 Wevelgem
- Names & denominations
- ExecuJet MRO Services Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1988
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- execujet-mro.com
- Activities · NACE
Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen
Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Vervaardiging van lucht- en ruimtevaartuigen
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Overige industrie, neg
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Activiteiten van reclamebureaus
+6