Financials
Financial year 2025
XECUTE from Frasnes-lez-Anvaing, company number BE0717841174, closed financial year 2025 with a result of € 69,137 after tax. For that financial year XECUTE recorded a gross margin of € 90,832 and equity of € 23,777. Compared with financial year 2024, the result moved from € 58,993 to € 69,137. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 23,777
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,137
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 215,464
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,045
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 112
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 33,285
▲ € 30,091 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,234
▼ 76% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,869 | € 77,741 | € 83,508 | € 90,832 | ▲ 9% |
| Profit after taxes | € 57,881 | € 58,555 | € 58,993 | € 69,137 | ▲ 17% |
| Equity | € 67,092 | € 125,647 | € 44,640 | € 23,777 | ▼ 47% |
| Total debts | € 162,851 | € 8,235 | € 155,563 | € 250,420 | ▲ 61% |
| Cash | € 202,242 | € 104,473 | € 166,818 | € 215,464 | ▲ 29% |
| Retained profit | € 48,492 | € 107,047 | € 26,040 | € 5,177 | ▼ 80% |
| Dividend | € 150,000 | € 0 | € 140,000 | € 90,000 | ▼ 36% |
| Bank debt | € 119 | € 191 | € 454 | € 112 | ▼ 75% |
| Balance sheet total | € 229,943 | € 133,883 | € 200,204 | € 274,198 | ▲ 37% |
Key figures of XECUTE, 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 July 2027.
What happened to XECUTE?
What happened at XECUTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,137 (▲ 17% vs 2024). Source: NBB ↗
- New establishment in Frasnes-lez-Anvaing. KBO
- Laurent MULLIEZ became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 57,881 profit in 2022 to € 69,137 profit in 2025.
Paid € 65,714 in corporate taxes since 2022.
Best year ever: 2025, with € 69,137 profit.
Paid out € 380,000 in dividends to the owners in total.
Management
Behind XECUTE is Laurent MULLIEZ.
Directors
According to the 2025 annual accounts
Laurent MULLIEZ
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Coquereaumont(MO) 10 box A
7911 Frasnes-lez-Anvaing
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.841.174
- VAT number
- BE 0717.841.174
- Registered office
- Rue Coquereaumont(MO) 10 bus A, 7911 Frasnes-lez-Anvaing
- Names & denominations
- XECUTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2019
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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