ACTIVE

Explore.Brussels

Financial year 2025 · closed on 31/12/2025
Net result
7,5 k €
-69.3% YoY
Gross margin
329,4 k €
+8.3% YoY
Equity
145,3 k €
+5.4% YoY
Workforce
4,5 ETP

What does Explore.Brussels do?

Explore.Brussels is a Non-profit organization incorporated in 2015. Its main activity is: Other reservation service and related activities. Its registered office is in Ixelles. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0640.883.552
Incorporation
13/10/2015
Legal form
Non-profit organization
Registered office
Rue des Liégeois 53
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin329,4 k €304,2 k €294,8 k €222,9 k €
EBITDA14,6 k €30,5 k €16,3 k €10,2 k €
Operating result13,4 k €29 k €15 k €10,1 k €
Net result7,5 k €24,3 k €11 k €6,7 k €
Balance sheet
Equity145,3 k €137,8 k €113,5 k €102,5 k €
Total assets230,3 k €237,3 k €202,3 k €355,6 k €
Cash25,7 k €35,5 k €88,9 k €189,5 k €
Debts63,6 k €89,3 k €72,2 k €237,9 k €
Other
Workforce4,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 7 ended

Active mandates

Alice GRAAS

Personne déléguée à la gestion journalière · since 03 juillet 2025

Active
Martin TELLER

Personne déléguée à la gestion journalière · since 14 juillet 2023 · until 31 août 2025

Active
ARKADIA

Director · until 11 mai 2030 · 0863.113.423

Represented by Karin VERMEIRE

Active
Atelier de Recherche et d'Action urbaines

Chairman of the board of directors · until 11 mai 2030 · 0415.552.849

Represented by Marion ALECIAN

Active
BRUXELLES bavard OU BRUSSEL BABBELT OU BRUSSELS CHATTERGUIDES

Trésorier · until 11 mai 2026 · 0424.492.091

Represented by Alain DEBAECKE

Active
Pro Velo - Institut de Recherche et de Promotion du Vélo - Pro Velo - Instituut voor Onderzoek en Promotie van de Fiets

Vice-chairman of the board of directors · until 11 mai 2030 · 0449.049.820

Represented by Marie SECRETANT

Active

Ended mandates

Martin TELLER

Personne déléguée à la gestion journalière · since 14 juillet 2023

Ended
BRUXELLES bavard OU BRUSSEL BABBELT OU BRUSSELS CHATTERGUIDES

Trésorier · since 01 février 2021 · 0424.492.091

Represented by Alain DEBAECKE

Ended
ARKADIA

Director · since 07 juin 2019 · 0863.113.423

Represented by Stéphanie LANNOYE

Ended
Atelier de Recherche et d'Action urbaines

Chairman of the board of directors · since 07 juin 2019 · 0415.552.849

Represented by Marion ALECIAN

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months12 months
Filing date19/05/202628/05/202504/06/202403/04/2023
General meeting11/05/202613/05/202527/05/202409/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202619/05/2026FrenchPDF
Micro model31/12/202413/05/202528/05/2025FrenchPDF
Micro model31/12/202327/05/202404/06/2024FrenchPDF
Micro model31/12/202209/03/202303/04/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 6 active · 7 ended

Active mandates

Alice GRAAS

Personne déléguée à la gestion journalière · since 03 juillet 2025

Active
Martin TELLER

Personne déléguée à la gestion journalière · since 14 juillet 2023 · until 31 août 2025

Active
ARKADIA

Director · until 11 mai 2030 · 0863.113.423

Represented by Karin VERMEIRE

Active
Atelier de Recherche et d'Action urbaines

Chairman of the board of directors · until 11 mai 2030 · 0415.552.849

Represented by Marion ALECIAN

Active
BRUXELLES bavard OU BRUSSEL BABBELT OU BRUSSELS CHATTERGUIDES

Trésorier · until 11 mai 2026 · 0424.492.091

Represented by Alain DEBAECKE

Active
Pro Velo - Institut de Recherche et de Promotion du Vélo - Pro Velo - Instituut voor Onderzoek en Promotie van de Fiets

Vice-chairman of the board of directors · until 11 mai 2030 · 0449.049.820

Represented by Marie SECRETANT

Active

Ended mandates

Martin TELLER

Personne déléguée à la gestion journalière · since 14 juillet 2023

Ended
BRUXELLES bavard OU BRUSSEL BABBELT OU BRUSSELS CHATTERGUIDES

Trésorier · since 01 février 2021 · 0424.492.091

Represented by Alain DEBAECKE

Ended
ARKADIA

Director · since 07 juin 2019 · 0863.113.423

Represented by Stéphanie LANNOYE

Ended
Atelier de Recherche et d'Action urbaines

Chairman of the board of directors · since 07 juin 2019 · 0415.552.849

Represented by Marion ALECIAN

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office25/01/2024
    SIEGE SOCIAL
    PDF
  • Other22/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/03/2021
    DEMISSIONS, NOMINATIONS
    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 20257,5 k €
  2. 2024
    Annual accounts 202424,3 k €
  3. 2023
    Annual accounts 202311 k €
  4. 2022
    Annual accounts 20226,7 k €
  5. 13/10/2015
    IncorporationNon-profit organization