ACTIVE

IBEX EXPLORE

Financial year 2025 · closed on 31/12/2025
Net result
33,8 k €
+33.7% YoY
Gross margin
45 k €
+5.1% YoY
Equity
87,3 k €
+11.2% YoY

What does IBEX EXPLORE do?

IBEX EXPLORE is a Private limited company incorporated in 2016. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0659.871.994
Incorporation
25/07/2016
Legal form
Private limited company
Registered office
Fourmentstraat 14
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin45 k €42,9 k €44 k €36,5 k €20,2 k €28 k €19,6 k €5,5 k €4,4 k €
EBITDA44,8 k €41,8 k €42,5 k €35,7 k €19,7 k €25,7 k €17,9 k €5,3 k €4 k €
Operating result43,9 k €40,5 k €40,7 k €32,3 k €16,9 k €21,4 k €15,7 k €3,2 k €3,3 k €
Net result33,8 k €25,3 k €28,9 k €25,6 k €15,8 k €17,1 k €12,2 k €1,8 k €1,2 k €
Balance sheet
Equity87,3 k €78,5 k €71,7 k €40,5 k €34,9 k €35,1 k €21,5 k €9,3 k €7,4 k €
Total assets148,4 k €82,6 k €103,9 k €67 k €52,1 k €48,9 k €69,3 k €27,8 k €30,4 k €
Cash65,2 k €10,3 k €91,7 k €120,9 €12,4 k €27,3 k €16,5 k €19,2 k €29,9 k €
Debts61,1 k €4,1 k €32,1 k €26,5 k €17,2 k €13,8 k €47,8 k €18,5 k €22,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Jakob Smits

Director · since 25 juillet 2016

Active

Ended mandates

Jakob Smits

Director

Ended
Jakob Smits

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/07/202620/07/202514/07/202418/07/202309/07/202216/07/2021
General meeting15/06/202615/06/202515/06/202415/06/202315/06/202215/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202604/07/2026DutchPDF
Micro model31/12/202415/06/202520/07/2025DutchPDF
Micro model31/12/202315/06/202414/07/2024DutchPDF
Micro model31/12/202215/06/202318/07/2023DutchPDF
Micro model31/12/202115/06/202209/07/2022DutchPDF
Micro model31/12/202015/06/202116/07/2021DutchPDF
Micro model31/12/201912/10/202012/11/2020DutchPDF
Micro model31/12/201815/06/201925/08/2019DutchPDF
Micro model31/12/201715/06/201827/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 2 ended

Active mandates

Jakob Smits

Director · since 25 juillet 2016

Active

Ended mandates

Jakob Smits

Director

Ended
Jakob Smits

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/07/2016
    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 202533,8 k €
  2. 2024
    Annual accounts 202425,3 k €
  3. 2023
    Annual accounts 202328,9 k €
  4. 2022
    Annual accounts 202225,6 k €
  5. 2021
    Annual accounts 202115,8 k €
  6. 2020
    Annual accounts 202017,1 k €
  7. 2019
    Annual accounts 201912,2 k €
  8. 2018
    Annual accounts 20181,8 k €
  9. 2017
    Annual accounts 20171,2 k €
  10. 25/07/2016
    IncorporationPrivate limited company