ACTIVE

ExpAir Ts

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Financial year 2025 · closed on 31/12/2025
Net result
324,8 k €
+2063.5% YoY
Gross margin
1,9 M €
+65.1% YoY
Equity
488,9 k €
+197.9% YoY
Workforce
19,6 ETP
+13.3% YoY

What does ExpAir Ts do?

ExpAir Ts is a Private limited company incorporated in 2020. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Herve. It employs on average 19,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0754.929.224
Incorporation
25/09/2020
Legal form
Private limited company
Registered office
Rue des Gaillettes 32
4651 Herve · WallonieSee on map
Contributed capital
6 000,00 €
Latest accounts
31/12/2025
Average workforce
19,6 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,9 M €1,1 M €1,1 M €658,4 k €491,1 k €
EBITDA554,5 k €138,7 k €115,5 k €89,6 k €85,6 k €
Operating result466,2 k €66,8 k €66,1 k €54,6 k €52,8 k €
Net result324,8 k €15 k €46,2 k €47,8 k €49,1 k €
Balance sheet
Equity488,9 k €164,1 k €149,1 k €102,9 k €55,1 k €
Total assets2,3 M €1,1 M €895,8 k €464,1 k €450,5 k €
Cash162,1 k €91,7 k €46,9 k €24,2 k €63,1 k €
Debts1,7 M €930,1 k €746,7 k €361,2 k €376,3 k €
Other
Workforce19,6 ETP17,3 ETP17,0 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 · 4 active · 1 ended

Active mandates

Arnaud LEMARCOTTE

Mandate

Active
Geoffrey TRINE

Mandate

Active
Patrice SEFARIN

Mandate

Active
RAPHAEL PIOT

Mandate

Active

Ended mandates

PATRICK DROOGHAAG

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
SERASOL PLUS● Active
0797.173.318
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/10/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date25/06/202602/07/202502/07/202423/08/202306/07/2022
General meeting22/06/202627/06/202527/06/202422/06/202323/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/06/202625/06/2026FrenchPDF
Abridged model31/12/202427/06/202502/07/2025FrenchPDF
Abridged model31/12/202327/06/202402/07/2024FrenchPDF
Micro model31/12/202222/06/202323/08/2023FrenchPDF
Micro model31/12/202123/06/202206/07/2022FrenchPDF
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 · 4 active · 1 ended

Active mandates

Arnaud LEMARCOTTE

Mandate

Active
Geoffrey TRINE

Mandate

Active
Patrice SEFARIN

Mandate

Active
RAPHAEL PIOT

Mandate

Active

Ended mandates

PATRICK DROOGHAAG

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/08/2025
    SIEGE SOCIAL
    PDF
  • Registered office30/01/2024
    SIEGE SOCIAL
    PDF
  • Mandates25/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/09/2020
    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 2025324,8 k €↑
  2. 2024
    Annual accounts 202415 k €↓
  3. 2023
    Annual accounts 202346,2 k €↓
  4. 2022
    Annual accounts 202247,8 k €↓
  5. 2021
    Annual accounts 202149,1 k €
  6. 25/09/2020
    IncorporationPrivate limited company