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Financial year 2025 · closed on 31/12/2025
Net result
287,6 k €
+7.7% YoY
Gross margin
441,1 k €
+8.1% YoY
Equity
27,1 k €
-55.2% YoY
Workforce
0,8 ETP
0.0% YoY

What does Explane do?

Explane is a Private limited company incorporated in 2019. Its main activity is: Legal activities. Its registered office is in Liège. It employs on average 0,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0729.589.557
Incorporation
01/07/2019
Legal form
Private limited company
Registered office
Rue Albert-Mockel 43 box 11
4000 Liège · WallonieSee on map
Contributed capital
6 000,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Activities (NACE)
69101Legal activities· main69101Legal activities
Joint committees (1)
  • 336
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin441,1 k €408 k €455,3 k €317,7 k €232,5 k €340,7 k €
EBITDA380,3 k €342,3 k €401,8 k €260,6 k €183,6 k €271,6 k €
Operating result358,4 k €319,9 k €378,1 k €234,7 k €175,1 k €260,7 k €
Net result287,6 k €267,1 k €303,5 k €220,7 k €149,7 k €202,8 k €
Balance sheet
Equity27,1 k €60,4 k €58,6 k €197,6 k €43,4 k €28 k €
Total assets1 M €1 M €1,1 M €1 M €370,7 k €351,5 k €
Cash184,6 k €261,4 k €334,3 k €228,2 k €268,5 k €224,3 k €
Debts988,7 k €943,3 k €1,1 M €825,8 k €327,4 k €318,7 k €
Other
Workforce0,8 ETP0,8 ETP0,7 ETP0,8 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

ALEXANDRE PIRSON

Director · since 01 juillet 2019

Active
MARTIN LAUWERS

Director · since 01 juillet 2019

Active
MICHEL DELNOY

Director · since 01 juillet 2019

Active
At this address

Other companies at this address

CompanyCBE no.
Association des Copropriétaires de la Résidence Les Terrasses de Cointe à 4000 Liège rue Albert Mockel 43● Active
0777.564.371
Concours de Piano de Liège● Active
0810.379.471
DOCTEUR AUDREY BOUHY● Active
0774.966.652
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2019
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 months18 months
Filing date27/07/202621/07/202527/07/202429/07/202322/07/202222/07/2021
General meeting29/06/202624/06/202528/06/202430/06/202303/05/202204/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202627/07/2026FrenchPDF
Abridged model31/12/202424/06/202521/07/2025FrenchPDF
Abridged model31/12/202328/06/202427/07/2024FrenchPDF
Abridged model31/12/202230/06/202329/07/2023FrenchPDF
Micro model31/12/202103/05/202222/07/2022FrenchPDF
Micro model31/12/202004/05/202122/07/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 3 active

Active mandates

ALEXANDRE PIRSON

Director · since 01 juillet 2019

Active
MARTIN LAUWERS

Director · since 01 juillet 2019

Active
MICHEL DELNOY

Director · since 01 juillet 2019

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office30/12/2022
    SIEGE SOCIAL
    PDF
  • Other03/07/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025287,6 k €↑
  2. 2024
    Annual accounts 2024267,1 k €↓
  3. 2023
    Annual accounts 2023303,5 k €↑
  4. 2022
    Annual accounts 2022220,7 k €↑
  5. 2021
    Annual accounts 2021149,7 k €↓
  6. 2020
    Annual accounts 2020202,8 k €
  7. 01/07/2019
    IncorporationPrivate limited company