NORMAL SITUATION

EXPLORE

Financial year 2022 · closed on 31/12/2022
Net result
-6,0 k €
-10.4% YoY
Gross margin
-5,6 k €
+5.0% YoY
Equity
52,3 k €
-10.3% YoY

Company — Normal situation.

What does EXPLORE do?

EXPLORE is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0810.952.662
Legal form
Cooperative company with limited liability
Contributed capital
21 390,00 €
Latest accounts
31/12/2022
Signals
Solid equity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021202020192018201720162015201420132012201120102009
Income statement
Gross margin-5,6 k €-5,8 k €12,9 k €16,8 k €-16,2 k €-12,5 k €55,9 k €15,5 k €33,8 k €18,7 k €34,6 k €11,3 k €12,9 k €62,3 k €
EBITDA-5,9 k €-6,2 k €12,6 k €-296,9 €-17,2 k €-14,2 k €54,9 k €14,9 k €33,1 k €18,4 k €34,3 k €10,8 k €12,1 k €61,2 k €
Operating result-5,9 k €-6,2 k €12,6 k €-296,9 €-17,2 k €-14,2 k €38,4 k €11,3 k €27,1 k €18,4 k €34,3 k €10,8 k €6,1 k €55,7 k €
Net result-6,0 k €-5,4 k €11,4 k €-31,3 k €-2,0 k €-970,0 €23,1 k €7,7 k €17,9 k €12,1 k €22,6 k €-2,9 k €581,8 €37,5 k €
Balance sheet
Equity52,3 k €58,3 k €63,7 k €52,3 k €83,6 k €85,6 k €104,6 k €81,5 k €73,4 k €55,0 k €42,9 k €18,4 k €9,0 k €8,4 k €
Total assets52,3 k €75,8 k €76,9 k €66,3 k €95,7 k €115,9 k €194,8 k €195,6 k €125,4 k €77,9 k €86,6 k €58,8 k €66,7 k €90,9 k €
Cash778,2 €470,7 €1,7 k €508,8 €965,1 €7,5 k €7,3 k €105,0 k €26,7 k €3,3 k €12,1 k €21,3 k €42,5 k €61,1 k €
Debts17,5 k €13,2 k €14,0 k €12,1 k €30,2 k €90,2 k €114,0 k €52,0 k €22,8 k €43,6 k €40,2 k €57,4 k €82,3 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 8 ended

Active mandates

M. Rathé

Director · since 01 décembre 2019

Active
D&G Company

Director · 0564.834.760

Represented by Thomas Guylinck

Active

Ended mandates

Frederik Theys

Director · since 16 avril 2018

Ended
Thomas Guylinck

Director · since 16 avril 2018

Ended
Jan Cloet

Manager · since 28 décembre 2011

Ended
JAN CLOET

Director · since 28 décembre 2011 · until 16 avril 2018

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelAbridged modelMicro modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202320/09/202219/10/202131/08/202007/10/201929/06/2018
General meeting20/05/202321/05/202215/05/202116/05/202018/05/201919/05/2018
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202220/05/202324/08/2023DutchPDF
Micro model31/12/202121/05/202220/09/2022DutchPDF
Micro model31/12/202015/05/202119/10/2021DutchPDF
Abridged model31/12/201916/05/202031/08/2020DutchPDF
Micro model31/12/201818/05/201907/10/2019DutchPDF
Abridged model31/12/201719/05/201829/06/2018DutchPDF
Abridged model31/12/201620/06/201716/08/2017DutchPDF
Abridged model31/12/201521/05/201631/08/2016DutchPDF
Abridged model31/12/201422/05/201524/07/2015DutchPDF
Abridged model31/12/201317/05/201411/07/2014DutchPDF
Abridged model31/12/201218/05/201328/06/2013DutchPDF
Abridged model31/12/201119/05/201227/06/2012DutchPDF
Abridged model31/12/201005/03/201108/08/2011DutchPDF
Abridged model31/12/200906/03/201003/08/2010DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 2 active · 8 ended

Active mandates

M. Rathé

Director · since 01 décembre 2019

Active
D&G Company

Director · 0564.834.760

Represented by Thomas Guylinck

Active

Ended mandates

Frederik Theys

Director · since 16 avril 2018

Ended
Thomas Guylinck

Director · since 16 avril 2018

Ended
Jan Cloet

Manager · since 28 décembre 2011

Ended
JAN CLOET

Director · since 28 décembre 2011 · until 16 avril 2018

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-6,0 k €
  2. 2021
    Annual accounts 2021-5,4 k €
  3. 2020
    Annual accounts 202011,4 k €
  4. 2019
    Annual accounts 2019-31,3 k €
  5. 2018
    Annual accounts 2018-2,0 k €
  6. 2017
    Annual accounts 2017-970,0 €
  7. 2016
    Annual accounts 201623,1 k €
  8. 2015
    Annual accounts 20157,7 k €
  9. 2014
    Annual accounts 201417,9 k €
  10. 2013
    Annual accounts 201312,1 k €
  11. 2012
    Annual accounts 201222,6 k €
  12. 2011
    Annual accounts 2011-2,9 k €
  13. 2010
    Annual accounts 2010581,8 €
  14. 2009
    Annual accounts 200937,5 k €