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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EXECON from Lummen, company number BE0873249725, closed financial year 2025 with a result of € 26,741 after tax. For that financial year EXECON recorded revenue of € 28.2 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 751,715 to € 26,741. The company is profitable. 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 July 1, 2026.
€ 7.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,741
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7 million.
People and assets in 2025
24.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 17% vs 2024
€ 88,500 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.
€ 372,302
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.8 million
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 296,947
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,281,776 | € 23,852,572 | € 27,088,880 | € 28,156,359 | ▲ 4% |
| Profit after taxes | € 805,896 | € 783,041 | € 751,715 | € 26,741 | ▼ 96% |
| Equity | € 7,286,836 | € 7,319,878 | € 7,371,592 | € 7,398,333 | |
| Total debts | € 5,446,264 | € 6,172,024 | € 4,577,030 | € 6,126,238 | ▲ 34% |
| Cash | € 3,713,295 | € 1,738,472 | € 2,120,496 | € 1,387,850 | ▼ 35% |
| Retained profit | € 6,911,836 | € 6,944,878 | € 6,996,592 | € 7,023,333 | |
| Dividend | € 805,000 | € 750,000 | € 700,000 | € 0 | ▼ 100% |
| Balance sheet total | € 12,733,100 | € 13,491,901 | € 11,948,623 | € 13,524,571 | ▲ 13% |
| Employees (FTE) | 21.2 | 20.3 | 23.4 | 24.5 | ▲ 1.1 |
Key figures of EXECON, 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 EXECON?
What happened at EXECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- K.L. MANAGEMENT BV stepped down as director. NBB
- EDM BV stepped down as director. NBB
- ANV BOUWMANAGEMENT BV stepped down as director. NBB
- VDS SERVICES BV stepped down as director. NBB
- MISTRAL MANAGEMENT BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26,741 (▼ 96% vs 2024). Source: NBB ↗
- K.L. MANAGEMENT BV became a director. NBB
- EDM BV became a director. NBB
In short
From € 805,896 profit in 2022 to € 26,741 profit in 2025.
Paid € 836,257 in corporate taxes since 2022.
Best year ever: 2022, with € 805,896 profit.
Paid out € 2.3 million in dividends to the owners in total.
A new publication or filing at EXECON? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of VDS GROUP, K.L.MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EXECONThe shares are held by VDS GROUP (85%) and K.L.MANAGEMENT (15%).
Directors
According to the 2025 annual accounts
Director · represented by Karel Luykx
Also active at: Vanderstraeten, PEREMANS, VDS LOGISTICS, VDS Pajottenland, VDS SERVICES, VDS Real Estate Development
since 2025 · until 2032
Director · represented by Eddy Hardy
since 2025 · until 2032
Director · represented by André Aerts
since 2025 · until 2032
Managing director · represented by Michel Vanderstraeten
Also active at: Vanderstraeten, PEREMANS, VDS LOGISTICS, Lummen_Kunstberg_BZT, Montreal Development, Eandistip, VDS SERVICES, LIER_ANTWERPSESTWG_HR +5 more
since 2020 · until 2027
Director · represented by Cemal Cifci
Also active at: Vanderstraeten, PEREMANS, BELVENT
since 2025 · until 2032
Shareholders
85%
15%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bosstraat 54 box 6
3560 Lummen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →A.VOGEL
€ 6.5 million revenue · 2025
TRISINVEST
€ 1.2 million gross margin · 2025
NORRIQ Belgium
€ 15.5 million revenue · 2025
EPLAN
€ 4.9 million gross margin · 2025
LAT Nitrogen Belgium
€ 4.4 million gross margin · 2025
+5 more
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0873.249.725
- VAT number
- BE 0873.249.725
- Registered office
- Bosstraat 54 bus 6, 3560 Lummen
- Names & denominations
- EXECON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2005
- Peppol
- Active · Active since 26 Nov 2024
- Contact
- execon.be
- Activities · NACE
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