ACTIVE

Expliciet

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Financial year 2025 · closed on 31/12/2025
Net result
816,1 k €
+79.4% YoY
Gross margin
3,2 M €
+20.3% YoY
Equity
977,6 k €
0.0% YoY
Workforce
30,1 ETP
-5.6% YoY

What does Expliciet do?

Expliciet is a Private limited company incorporated in 2010. Its registered office is in Diepenbeek. It employs on average 30,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0822.798.639
Incorporation
02/02/2010
Legal form
Private limited company
Registered office
Groeningenweg 5
3590 Diepenbeek · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
30,1 ETP
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin3,2 M €2,7 M €2,3 M €2,0 M €1,7 M €1,4 M €1,1 M €898,3 k €695,5 k €425,2 k €226,1 k €89,5 k €
EBITDA1,2 M €774,3 k €627,0 k €638,0 k €666,5 k €502,8 k €417,0 k €287,0 k €288,4 k €247,4 k €132,3 k €34,7 k €
Operating result1,1 M €690,7 k €551,9 k €591,7 k €598,6 k €415,7 k €340,4 k €208,2 k €229,6 k €198,1 k €63,3 k €17,4 k €
Net result816,1 k €454,9 k €361,7 k €432,3 k €437,6 k €311,7 k €241,9 k €131,6 k €167,8 k €125,5 k €38,7 k €11,7 k €
Balance sheet
Equity977,6 k €977,6 k €977,6 k €1,0 M €845,3 k €567,7 k €406,0 k €264,1 k €132,5 k €64,7 k €39,2 k €30,6 k €
Total assets2,6 M €2,1 M €2,0 M €2,0 M €1,8 M €1,4 M €1,3 M €961,6 k €799,4 k €840,0 k €499,1 k €102,8 k €
Cash552,9 k €363,0 k €281,3 k €737,3 k €569,0 k €547,3 k €370,1 k €342,2 k €330,2 k €391,3 k €121,0 k €16,6 k €
Debts1,6 M €1,1 M €1,1 M €922,0 k €983,0 k €869,7 k €870,4 k €696,4 k €666,0 k €775,0 k €452,4 k €72,3 k €
Other
Workforce30,1 ETP31,9 ETP29,3 ETP27,5 ETP21,2 ETP18,8 ETP14,9 ETP13,2 ETP––2,8 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Goose Thing

Director · 0804.758.322

Represented by Davy Collin

Active

Ended mandates

Goose Thing

Director · since 11 août 2023 · 0804.758.322

Represented by Jan Martens

Ended
management martens

Manager · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
management martens

Director · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
management martens

Director · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/07/202631/07/202530/08/202417/07/202307/07/202228/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202230/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202631/07/2026DutchPDF
Abridged model31/12/202427/06/202531/07/2025DutchPDF
Abridged model31/12/202328/06/202430/08/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202124/06/202207/07/2022DutchPDF
Abridged model31/12/202030/06/202128/07/2021DutchPDF
Abridged model31/12/201926/06/202029/06/2020DutchPDF
Abridged model31/12/201828/06/201909/07/2019DutchPDF
Micro model31/12/201729/06/201825/07/2018DutchPDF
Micro model31/12/201630/06/201716/08/2017DutchPDF
Abridged model31/12/201524/06/201613/07/2016DutchPDF
Abridged model31/12/201426/06/201514/08/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 17 ended

Active mandates

Goose Thing

Director · 0804.758.322

Represented by Davy Collin

Active

Ended mandates

Goose Thing

Director · since 11 août 2023 · 0804.758.322

Represented by Jan Martens

Ended
management martens

Manager · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
management martens

Director · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
management martens

Director · since 27 novembre 2014 · 0567.742.186

Represented by Jan Martens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2020
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/12/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates23/11/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/02/2010
    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 2025816,1 k €↑
  2. 2024
    Annual accounts 2024454,9 k €↑
  3. 2023
    Annual accounts 2023361,7 k €↓
  4. 2022
    Annual accounts 2022432,3 k €↓
  5. 2021
    Annual accounts 2021437,6 k €↑
  6. 2020
    Annual accounts 2020311,7 k €↑
  7. 2019
    Annual accounts 2019241,9 k €↑
  8. 2018
    Annual accounts 2018131,6 k €↓
  9. 2017
    Annual accounts 2017167,8 k €↑
  10. 2016
    Annual accounts 2016125,5 k €↑
  11. 2015
    Annual accounts 201538,7 k €↑
  12. 2014
    Annual accounts 201411,7 k €
  13. 02/02/2010
    IncorporationPrivate limited company