ACTIVE

EXPLORERS

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Financial year 2025 · closed on 31/08/2025
Net result
1,9 k €
+2066.6% YoY
Gross margin
8,3 k €
-11.4% YoY
Equity
83,9 k €
+162.2% YoY

What does EXPLORERS do?

EXPLORERS is a Private limited company incorporated in 2016. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0649.842.689
Incorporation
11/03/2016
Legal form
Private limited company
Registered office
Sportstraat 270 box 1
9000 Gent · FlandreSee on map
Contributed capital
81 200,00 €
Latest accounts
31/08/2025
Activities (NACE)
55100Hotels and similar accommodation· main55100Hotels and similar accommodation
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202220212020201920182017
Income statement
Gross margin8,3 k €9,3 k €-1,4 k €-1,9 k €3,1 k €3,8 k €481,3 €-398,8 €
EBITDA5,3 k €6,5 k €-1,4 k €-1,9 k €3,1 k €3,8 k €411,1 €-492,5 €
Operating result5,3 k €6,5 k €-1,4 k €-3,4 k €3,1 k €3,8 k €411,1 €-492,5 €
Net result1,9 k €86,9 €-1,5 k €-3,4 k €3,1 k €2,6 k €399,4 €-513,6 €
Balance sheet
Equity83,9 k €32 k €6,9 k €8,4 k €11,8 k €8,7 k €6,1 k €5,7 k €
Total assets499,2 k €495 k €7,3 k €9,1 k €12,8 k €10 k €6,6 k €8 k €
Cash37,1 k €38,1 k €2,3 k €4,3 k €6,9 k €3,9 k €6,2 k €7,9 k €
Debts154,7 k €463,1 k €358,2 €705,7 €1 k €1,3 k €550 €2,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 2 ended

Active mandates

Jordy Sabels

Director

Active

Ended mandates

Sven Luc A Walraevens

Manager

Ended
Sven WALRAEVENS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
OPTIMOTION● Active
0794.305.878
Annual accounts

Full financial information

202520242022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/09/202401/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year31/08/202531/08/202430/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months23 months12 months12 months12 months12 months
Filing date25/02/202620/03/202528/04/202329/04/202230/04/202130/04/2020
General meeting13/02/202614/02/202510/03/202311/03/202212/03/202113/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/08/202513/02/202625/02/2026DutchPDF
Micro model31/08/202414/02/202520/03/2025DutchPDF
Micro model30/09/202210/03/202328/04/2023DutchPDF
Micro model30/09/202111/03/202229/04/2022DutchPDF
Micro model30/09/202012/03/202130/04/2021DutchPDF
Abridged model30/09/201913/03/202030/04/2020DutchPDF
Abridged model30/09/201808/03/201930/04/2019DutchPDF
Abridged model30/09/201709/03/201830/04/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/08/2025 · 1 active · 2 ended

Active mandates

Jordy Sabels

Director

Active

Ended mandates

Sven Luc A Walraevens

Manager

Ended
Sven WALRAEVENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/07/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office29/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/03/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,9 k €↑
  2. 2024
    Annual accounts 202486,9 €↑
  3. 2022
    Annual accounts 2022-1,5 k €↑
  4. 2021
    Annual accounts 2021-3,4 k €↓
  5. 2020
    Annual accounts 20203,1 k €↑
  6. 2019
    Annual accounts 20192,6 k €↑
  7. 2018
    Annual accounts 2018399,4 €↑
  8. 2017
    Annual accounts 2017-513,6 €
  9. 11/03/2016
    IncorporationPrivate limited company