Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Executives' Global Network Belgium from Oudergem, company number BE0641930162, closed financial year 2025 with a result of € -418,695 after tax. For that financial year Executives' Global Network Belgium recorded a gross margin of € 592,949 and equity of € -2.2 million. Compared with financial year 2024, the result moved from € -396,541 to € -418,695. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 2, 2025.
€ -2.2 million
▼ € 418,695 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -418,695
▼ 6 % more loss than in 2024
Profit after tax over the fiscal year.
€ 375,991
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2025
13.5
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 884,888
▼ 27% vs 2024
€ 65,500 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.
€ 14,960
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 527,865
▼ 90% vs 2024
Loans from banks and other lenders, long and short.
€ 759,016
▲ € 637,341 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 168,639
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 493,666 | € 137,729 | € 570,808 | € 592,949 | ▲ 4% |
| Profit after taxes | € -112,690 | € -1,325,905 | € -396,541 | € -418,695 | ▼ € 22,154 |
| Equity | € -27,111 | € -1,353,016 | € -1,749,557 | € -2,168,252 | ▼ € 418,695 |
| Total debts | € 4,023,793 | € 6,000,831 | € 7,281,043 | € 3,171,850 | ▼ 56% |
| Cash | - | - | - | € 375,991 | |
| Retained profit | € -45,661 | € -1,371,566 | € -1,768,107 | € -2,186,802 | ▼ € 418,695 |
| Bank debt | € 3,472,478 | € 4,202,839 | € 5,331,913 | € 527,865 | ▼ 90% |
| Balance sheet total | € 3,996,682 | € 4,647,815 | € 5,531,486 | € 1,003,598 | ▼ 82% |
| Employees (FTE) | 8.6 | 14.7 | 15.5 | 13.5 | ▼ 2 |
Key figures of Executives' Global Network Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Executives' Global Network Belgium?
What happened at Executives' Global Network Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 418,695. filed late Source: NBB ↗
- Mette Flansmose became a director. NBB
- Robert Ristagno Jr became a director. NBB
- Persson Jonathan Age stepped down as director. NBB
- Junius Patrick became a director. NBB
- Persson Jonathan Age became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,690 loss in 2022 to € 418,695 loss in 2025.
Paid € 2,187 in corporate taxes since 2022.
On average € 43,900 of value added per employee in 2025.
Management
Behind Executives' Global Network Belgium are Junius Patrick, Mette Flansmose and Robert Ristagno Jr.
Directors
According to the 2025 annual accounts
Junius Patrick
Director
since 2023
Mette Flansmose
Director
since 2025
Robert Ristagno Jr
Director
since 2025
Persson Jonathan Age
Director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Herrmann-Debrouxlaan 40/42
1160 Oudergem
Koloniënstraat 11
1000 Brussel
Active since 27 October 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Cincom Systems International
€ 3.3 million revenue · 2026
International Yehudi Menuhin Foundation
TACTIM
€ 183,755 gross margin · 2025
CARIS
€ 369,752 gross margin · 2025
E.I.G. CONCEPT
€ 50,521 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0641.930.162
- VAT number
- BE 0641.930.162
- Registered office
- Herrmann-Debrouxlaan 40/42, 1160 Oudergem
- Names & denominations
- Executives' Global Network Belgium · EGN BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2015
- Peppol
- Active · Active since 6 Sept 2022
- Activities · NACE
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