NORMAL SITUATION

EXPLO REPORT

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Financial year 2023 · closed on 31/12/2023

Net result

45 k €

+19.5% YoY

Gross margin

82,4 k €

-17.2% YoY

Equity

342,9 k €

-33.3% YoY

Company — Normal situation.

What does EXPLO REPORT do?

EXPLO REPORT is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.283.181

Legal form

Private limited company

Contributed capital

12 400,00 €

Latest accounts

31/12/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	82,4 k €	-17.2%	99,5 k €	+16.2%	85,7 k €	-2.9%	88,2 k €	-34.4%	134,4 k €	-7.1%	144,7 k €	-0.9%	146 k €	-3.8%	151,8 k €	+28.3%	118,3 k €	+72.7%	68,5 k €	-13.6%	79,3 k €	+60.5%	49,4 k €	-25.1%	66 k €	-4.5%	69,1 k €	-50.0%	138,1 k €	+21.7%	113,5 k €	+29.1%	87,9 k €	-16.9%	105,7 k €
EBITDA	80,4 k €	-17.5%	97,5 k €	+16.6%	83,6 k €	-3.1%	86,2 k €	-33.6%	129,9 k €	-9.1%	143 k €	-0.8%	144,1 k €	-3.9%	149,9 k €	+28.9%	116,3 k €	+75.3%	66,3 k €	-14.9%	77,9 k €	+63.6%	47,6 k €	-23.5%	62,3 k €	-3.7%	64,6 k €	-51.5%	133,2 k €	+22.8%	108,4 k €	+57.9%	68,7 k €	-32.8%	102,1 k €
Operating result	46,6 k €	-28.5%	65,1 k €	+29.6%	50,3 k €	-7.9%	54,6 k €	-35.5%	84,6 k €	-3.2%	87,4 k €	-2.4%	89,6 k €	-1.7%	91,1 k €	+64.7%	55,3 k €	+176%	20,1 k €	-32.0%	29,5 k €	+5146%	-584,4 €	-103%	18,4 k €	-5.4%	19,5 k €	-75.6%	79,9 k €	+52.5%	52,4 k €	+71.4%	30,6 k €	-51.9%	63,6 k €
Net result	45 k €	+19.5%	37,7 k €	+11.6%	33,8 k €	-15.5%	40 k €	-36.3%	62,8 k €	+3.1%	60,9 k €	+20.0%	50,8 k €	-10.9%	57 k €	+104%	27,9 k €	+442%	5,2 k €	-61.7%	13,5 k €	+158%	5,2 k €	-26.4%	7,1 k €	-71.0%	24,4 k €	-47.8%	46,8 k €	+24.7%	37,5 k €	+315%	-17,4 k €	-132%	55 k €
Balance sheet
Equity	342,9 k €	-33.3%	513,9 k €	-10.8%	576,1 k €	+6.2%	542,3 k €	+8.0%	502,3 k €	+14.3%	439,5 k €	+16.1%	378,6 k €	+15.5%	327,8 k €	+21.1%	270,8 k €	+11.5%	242,8 k €	+2.2%	237,7 k €	-20.6%	299,2 k €	+1.8%	294 k €	+2.5%	286,9 k €	+9.3%	262,5 k €	+21.7%	215,7 k €	+21.1%	178,2 k €	-8.9%	195,6 k €
Total assets	360,7 k €	-35.3%	557,5 k €	-8.7%	610,4 k €	+11.1%	549,3 k €	+7.7%	510 k €	+2.3%	498,4 k €	-25.1%	665,1 k €	+11.0%	599,2 k €	+11.6%	537,1 k €	+13.2%	474,3 k €	-0.5%	477 k €	+2.2%	466,5 k €	+4.5%	446,3 k €	-0.3%	447,7 k €	-17.1%	540 k €	+7.5%	502,2 k €	+14.4%	439 k €	+73.1%	253,6 k €
Cash	208,1 k €	-46.7%	390,2 k €	-15.4%	461 k €	+32.7%	347,3 k €	+44.9%	239,7 k €	+6.1%	226 k €	-39.0%	370,6 k €	+37.1%	270,2 k €	+99.4%	135,5 k €	+18.4%	114,5 k €	+27.9%	89,5 k €	+152%	35,5 k €	-37.1%	56,5 k €	-4.7%	59,3 k €	+15.0%	51,5 k €	+205%	16,9 k €	-46.5%	31,6 k €	-84.2%	199,2 k €
Debts	17,8 k €	-59.3%	43,7 k €	+27.2%	34,4 k €	+1003%	3,1 k €	-55.1%	6,9 k €	-88.2%	58,9 k €	-79.4%	286,6 k €	+5.6%	271,4 k €	+1.9%	266,4 k €	+15.1%	231,5 k €	-3.2%	239,3 k €	+43.0%	167,3 k €	+9.9%	152,3 k €	-5.3%	160,8 k €	-39.4%	265,3 k €	-3.8%	275,8 k €	+8.1%	255,2 k €	+340%	58 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 3 ended

Active mandates

Marnik Aerts

bestuurder · since 09 décembre 2009

Active

Ended mandates

Marnik Aerts

Director · since 09 décembre 2009

Ended

Marnik Aerts

Manager · since 09 décembre 2009

Ended

MARNIK AERTS

Manager

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2024	24/07/2023	05/08/2022	25/08/2021	24/06/2020	30/08/2019
General meeting	18/06/2024	20/06/2023	21/06/2022	15/06/2021	16/06/2020	18/06/2019
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	18/06/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	20/06/2023	24/07/2023	Dutch	PDF
Micro model	31/12/2021	21/06/2022	05/08/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	25/08/2021	Dutch	PDF
Micro model	31/12/2019	16/06/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	18/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	19/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	20/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	08/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	30/08/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	09/07/2007	Dutch	PDF

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 31/12/2023 · 1 active · 3 ended

Active mandates

Marnik Aerts

bestuurder · since 09 décembre 2009

Active

Ended mandates

Marnik Aerts

Director · since 09 décembre 2009

Ended

Marnik Aerts

Manager · since 09 décembre 2009

Ended

MARNIK AERTS

Manager

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

2023
Annual accounts 202345 k €↑
2022
Annual accounts 202237,7 k €↑
2021
Annual accounts 202133,8 k €↓
2020
Annual accounts 202040 k €↓
2019
Annual accounts 201962,8 k €↑
2018
Annual accounts 201860,9 k €↑
2017
Annual accounts 201750,8 k €↓
2016
Annual accounts 201657 k €↑
2015
Annual accounts 201527,9 k €↑
2014
Annual accounts 20145,2 k €↓
2013
Annual accounts 201313,5 k €↑
2012
Annual accounts 20125,2 k €↓
2011
Annual accounts 20117,1 k €↓
2010
Annual accounts 201024,4 k €↓
2009
Annual accounts 200946,8 k €↑
2008
Annual accounts 200837,5 k €↑
2007
Annual accounts 2007-17,4 k €↓
2006
Annual accounts 200655 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EXPLO REPORT

Overview

What does EXPLO REPORT do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline