ACTIVE

EXPITISOL

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Financial year 2025 · closed on 31/12/2025
Net result
259,2 k €
+544.9% YoY
Gross margin
2,4 M €
+393.3% YoY
Equity
1,6 M €
+20.0% YoY
Workforce
10,7 ETP

What does EXPITISOL do?

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· main43291Other construction installation68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate
Joint committees (4)
  • 11101
  • 124
  • 200
  • 20900
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212019201820172016201520142013
Income statement
Gross margin2,4 M €485,9 k €1,1 M €1,1 M €505,2 k €181 k €118,2 k €71,6 k €62,8 k €147,7 k €85,7 k €25,7 k €
EBITDA1,5 M €439,5 k €870,5 k €1 M €412 k €156,1 k €111,7 k €56,7 k €50,1 k €145,9 k €83,9 k €24,2 k €
Operating result414,5 k €95,1 k €507,6 k €816,7 k €249,3 k €107 k €64,7 k €14,9 k €14,3 k €79,9 k €8,5 k €4 k €
Net result259,2 k €40,2 k €307,9 k €587,1 k €173,9 k €77,5 k €46 k €1,1 k €7,5 k €49,3 k €4,3 k €2,9 k €
Balance sheet
Equity1,6 M €1,3 M €1,3 M €946,5 k €359,4 k €166,8 k €89,3 k €71,3 k €70,2 k €62,7 k €13,4 k €9,1 k €
Total assets5,9 M €5,2 M €4,5 M €4,5 M €3,5 M €1,2 M €668 k €776 k €634,5 k €284,8 k €124,1 k €27,8 k €
Cash1,1 M €271,6 k €191,1 k €514,9 k €323,3 k €102,6 k €29 k €3,6 k €5,6 k €100,8 k €6,2 k €1,6 k €
Debts4,4 M €3,9 M €3,3 M €3,6 M €3,1 M €985,1 k €578,6 k €704,7 k €564,2 k €222,2 k €110,8 k €18,7 k €
Other
Workforce10,7 ETP0,0 ETP1,0 ETP1,3 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 · 3 active · 19 ended

Active mandates

ALLILOK

Director · since 21 septembre 2020 · 0698.680.013

Represented by Haris Lokvancic

Active
MAKS Isolatie

Director · since 21 septembre 2020 · 0697.995.073

Represented by Mehemed Mahmuljin

Active
Perfect Isol

Director · since 21 septembre 2020 · 0698.555.990

Represented by Aldin Selimagic

Active

Ended mandates

ALLILOK

Director · since 07 juin 2018 · 0698.680.013

Represented by Lokvancic Haris

Ended
ALLILOK

Director · since 07 juin 2018 · 0698.680.013

Represented by Haris Lokvancic

Ended
ALLILOK

Manager · since 07 juin 2018 · 0698.680.013

Represented by Haris Lokvancic

Ended
MAKS Isolatie

Director · since 07 juin 2018 · 0697.995.073

Represented by Mahmuljin Mehemed

Ended
At this address

Other companies at this address

CompanyCBE no.
Perfect Isol● Active
0698.555.990
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 date31/08/202628/08/202527/08/202401/09/202326/10/202213/07/2021
General meeting28/08/202627/06/202528/06/202430/06/202324/06/202225/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/08/202631/08/2026DutchPDF
Abridged model31/12/202427/06/202528/08/2025DutchPDF
Abridged model31/12/202328/06/202427/08/2024DutchPDF
Abridged model31/12/202230/06/202301/09/2023DutchPDF
Abridged model31/12/202124/06/202226/10/2022DutchPDF
Abridged model31/12/202025/05/202113/07/2021DutchPDF
Abridged model31/12/201904/09/202021/09/2020DutchPDF
Abridged model31/12/201828/06/201930/08/2019DutchPDF
Micro model31/12/201729/06/201821/08/2018DutchPDF
Micro model31/12/201630/06/201729/08/2017DutchPDF
Abridged model31/12/201517/06/201627/06/2016DutchPDF
Abridged model31/12/201419/06/201513/07/2015DutchPDF
Abridged model31/12/201320/06/201430/06/2014DutchPDF
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 · 3 active · 19 ended

Active mandates

ALLILOK

Director · since 21 septembre 2020 · 0698.680.013

Represented by Haris Lokvancic

Active
MAKS Isolatie

Director · since 21 septembre 2020 · 0697.995.073

Represented by Mehemed Mahmuljin

Active
Perfect Isol

Director · since 21 septembre 2020 · 0698.555.990

Represented by Aldin Selimagic

Active

Ended mandates

ALLILOK

Director · since 07 juin 2018 · 0698.680.013

Represented by Lokvancic Haris

Ended
ALLILOK

Director · since 07 juin 2018 · 0698.680.013

Represented by Haris Lokvancic

Ended
ALLILOK

Manager · since 07 juin 2018 · 0698.680.013

Represented by Haris Lokvancic

Ended
MAKS Isolatie

Director · since 07 juin 2018 · 0697.995.073

Represented by Mahmuljin Mehemed

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 2025259,2 k €↑
  2. 2024
    Annual accounts 202440,2 k €↓
  3. 2023
    Annual accounts 2023307,9 k €↓
  4. 2022
    Annual accounts 2022587,1 k €↑
  5. 2021
    Annual accounts 2021173,9 k €↑
  6. 2019
    Annual accounts 201977,5 k €↑
  7. 2018
    Annual accounts 201846 k €↑
  8. 2017
    Annual accounts 20171,1 k €↓
  9. 2016
    Annual accounts 20167,5 k €↓
  10. 2015
    Annual accounts 201549,3 k €↑
  11. 2014
    Annual accounts 20144,3 k €↑
  12. 2013
    Annual accounts 20132,9 k €
  13. 23/01/2012
    IncorporationPrivate limited company