ACTIVE

EXPITISOL

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Financial year 2025 · Closed on 31/12/2025

Net result259,2 k €+544,9 %over 1 year

Gross margin2,4 M €+393,3 %over 1 year

Equity1,6 M €+20,0 %over 1 year

Workforce10,7 ETP

Identity

Source · BCE/KBO

EXPITISOL is a Private limited company incorporated in 2012. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Antwerpen. It employs on average 10,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0843.416.780
Incorporation: 23/01/2012
Legal form: Private limited company
Registered office: Bordink 56
2170 Antwerpen · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025
Average workforce: 10,7 ETP

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (4)

11101
124
200
20900

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	+393%	485,9 k €	-55.3%	1,1 M €	-4.7%	1,1 M €	+126%	505,2 k €
EBITDA	1,5 M €	+241%	439,5 k €	-49.5%	870,5 k €	-17.0%	1 M €	+155%	412 k €
Operating result	414,5 k €	+336%	95,1 k €	-81.3%	507,6 k €	-37.8%	816,7 k €	+228%	249,3 k €
Net result	259,2 k €	+545%	40,2 k €	-86.9%	307,9 k €	-47.5%	587,1 k €	+238%	173,9 k €
Balance sheet
Equity	1,6 M €	+20.0%	1,3 M €	+3.2%	1,3 M €	+32.5%	946,5 k €	+163%	359,4 k €
Total assets	5,9 M €	+13.5%	5,2 M €	+15.2%	4,5 M €	-0.3%	4,5 M €	+29.5%	3,5 M €
Cash	1,1 M €	+294%	271,6 k €	+42.1%	191,1 k €	-62.9%	514,9 k €	+59.3%	323,3 k €
Debts	4,4 M €	+11.4%	3,9 M €	+19.8%	3,3 M €	-9.0%	3,6 M €	+14.2%	3,1 M €
Other
Workforce	10,7 ETP		0,0 ETP	-100%	1,0 ETP	-23.1%	1,3 ETP	-27.8%	1,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ALLILOK0698.680.013Represented by Haris Lokvancic	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended
MAKS Isolatie0697.995.073Represented by Mehemed Mahmuljin	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended
Perfect Isol0698.555.990Represented by Aldin Selimagic	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aldin Selimagic	Manager01/09/2013 → 07/06/2018
Mehemed Mahmuljin	Manager01/09/2013 → 07/06/2018

Other companies at this address

Bordink 56 2170 Antwerpen

Company	CBE no.
Perfect Isol● Active	0698.555.990

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	28/08/2025	27/08/2024	01/09/2023	26/10/2022	13/07/2021
General meeting	28/08/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	27/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	26/10/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	04/09/2020	21/09/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	21/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	30/06/2014	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ALLILOK0698.680.013Represented by Haris Lokvancic	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended
MAKS Isolatie0697.995.073Represented by Mehemed Mahmuljin	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended
Perfect Isol0698.555.990Represented by Aldin Selimagic	Directorsince 07/06/2018Manager07/06/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aldin Selimagic	Manager01/09/2013 → 07/06/2018
Mehemed Mahmuljin	Manager01/09/2013 → 07/06/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/09/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/09/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other02/12/2016
DOEL
PDF
Mandates07/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other17/02/2012
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

MAKS Isolatie

Perfect Isol

ALLILOK

Mehemed Mahmuljin

Aldin Selimagic

Haris Lokvancic

201220132014201520162017201820192020202120222023202420252026

EXPITISOL

Bordink 56, 2170 Merksem (Antwerp)

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bordink 56, 2170 Merksem (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00476798

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EXPITISOLCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00476798

Events

2025
Annual accounts 2025259,2 k €↑
2024
Annual accounts 202440,2 k €↓
2023
Annual accounts 2023307,9 k €↓
2022
Annual accounts 2022587,1 k €↑
2021
Annual accounts 2021173,9 k €↑
2019
Annual accounts 201977,5 k €↑
2018
Annual accounts 201846 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 20167,5 k €↓
2015
Annual accounts 201549,3 k €↑
2014
Annual accounts 20144,3 k €↑
2013
Annual accounts 20132,9 k €
23/01/2012
IncorporationPrivate limited company

EXPITISOL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events