ACTIVE

N.J. Explore

Financial year 2025 · closed on 31/12/2025
Net result
20,9 k €
+182.3% YoY
Gross margin
37 k €
+122.3% YoY
Equity
102,8 k €
+25.5% YoY

What does N.J. Explore do?

N.J. Explore is a Private limited company incorporated in 2006. Its main activity is: Sports and recreation education. Its registered office is in Tienen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.853.535
Incorporation
21/04/2006
Legal form
Private limited company
Registered office
Sint-Truidensesteenweg(Hak) 220 box A
3300 Tienen · FlandreSee on map
Contributed capital
55 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin37 k €16,6 k €5,3 k €996,1 €543,2 €13,9 k €8,5 k €6,9 k €15,4 k €2,7 k €25 k €23,5 k €5,6 k €32,6 k €25,4 k €13,4 k €3,8 k €13,1 k €-236 €-13,8 k €
EBITDA36,2 k €16 k €4,6 k €237,6 €-476,3 €13 k €7,8 k €6,3 k €14,8 k €2 k €24,4 k €22,5 k €4,8 k €32 k €24,6 k €12,5 k €3 k €12,9 k €-577 €-14,3 k €
Operating result29,2 k €10,4 k €1,4 k €-547,7 €-2,6 k €11,2 k €2,7 k €1,8 k €11,8 k €-6,8 k €17 k €14,9 k €-1,9 k €25,3 k €17,6 k €173,4 €-9,8 k €-8 €-12,3 k €-23 k €
Net result20,9 k €7,4 k €1,8 k €63,9 €-2 k €10,2 k €1,6 k €633,3 €9,3 k €-7,8 k €12,4 k €9,7 k €-4,3 k €22,7 k €17,2 k €-177 €-10,4 k €-58 €-12,5 k €-23,1 k €
Balance sheet
Equity102,8 k €81,9 k €74,5 k €72,7 k €72,6 k €74,7 k €64,5 k €62,9 k €62,3 k €53 k €60,8 k €54 k €44,3 k €48,6 k €25,9 k €8,7 k €8,9 k €19,3 k €19,4 k €-3,1 k €
Total assets131,8 k €110,1 k €91,4 k €80,1 k €76,7 k €82,8 k €70,6 k €72,4 k €81,8 k €79 k €109 k €105,7 k €110,6 k €124,6 k €99,2 k €90,7 k €99 k €117,1 k €115,5 k €114,7 k €
Cash29,4 k €18,6 k €7,6 k €12,7 k €10,7 k €21,8 k €6,8 k €9,1 k €4,6 k €2,8 k €17 k €12 k €10,6 k €10,2 k €16,2 k €9,9 k €11,2 k €8,4 k €4,8 k €14,3 k €
Debts28,9 k €28,2 k €16,8 k €7,2 k €3,9 k €8 k €5,9 k €6,4 k €16,6 k €23,4 k €46,1 k €50,4 k €64,4 k €74,8 k €73,2 k €82 k €90,1 k €97,8 k €96,2 k €117,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Nico Jeandarme

Director · since 06 avril 2006

Active

Ended mandates

Nico JEANDARME

Manager · since 06 avril 2006

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date04/08/202612/06/202502/08/202413/07/202316/06/202230/06/2021
General meeting30/06/202610/06/202510/06/202430/06/202310/06/202210/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202604/08/2026DutchPDF
Micro model31/12/202410/06/202512/06/2025DutchPDF
Micro model31/12/202310/06/202402/08/2024DutchPDF
Micro model31/12/202230/06/202313/07/2023DutchPDF
Micro model31/12/202110/06/202216/06/2022DutchPDF
Micro model31/12/202010/06/202130/06/2021DutchPDF
Micro model31/12/201910/06/202003/07/2020DutchPDF
Micro model31/12/201811/06/201920/06/2019DutchPDF
Micro model31/12/201711/06/201820/06/2018DutchPDF
Micro model31/12/201610/06/201712/06/2017DutchPDF
Abridged model31/12/201510/06/201620/07/2016DutchPDF
Abridged model31/12/201410/06/201516/07/2015DutchPDF
Abridged model31/12/201310/06/201411/06/2014DutchPDF
Abridged model31/12/201210/06/201303/07/2013DutchPDF
Abridged model31/12/201111/06/201219/06/2012DutchPDF
Abridged model31/12/201001/07/201129/07/2011DutchPDF
Abridged model31/12/200910/06/201030/07/2010DutchPDF
Abridged model31/12/200810/06/200926/08/2009DutchPDF
Abridged model31/12/200710/06/200804/07/2008DutchPDF
Abridged model31/12/200611/06/200717/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 ended

Active mandates

Nico Jeandarme

Director · since 06 avril 2006

Active

Ended mandates

Nico JEANDARME

Manager · since 06 avril 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/02/2021
    KAPITAAL - AANDELEN
    PDF
  • Other03/05/2006
    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 202520,9 k €
  2. 2024
    Annual accounts 20247,4 k €
  3. 2023
    Annual accounts 20231,8 k €
  4. 2022
    Annual accounts 202263,9 €
  5. 2022
    Name changeNJ Explore
  6. 2021
    Annual accounts 2021-2 k €
  7. 2020
    Annual accounts 202010,2 k €
  8. 2019
    Annual accounts 20191,6 k €
  9. 2018
    Annual accounts 2018633,3 €
  10. 2017
    Annual accounts 20179,3 k €
  11. 2016
    Annual accounts 2016-7,8 k €
  12. 2015
    Annual accounts 201512,4 k €
  13. 2014
    Annual accounts 20149,7 k €
  14. 2013
    Annual accounts 2013-4,3 k €
  15. 2012
    Annual accounts 201222,7 k €
  16. 2011
    Annual accounts 201117,2 k €
  17. 2010
    Annual accounts 2010-177 €
  18. 2009
    Annual accounts 2009-10,4 k €
  19. 2008
    Annual accounts 2008-58 €
  20. 2007
    Annual accounts 2007-12,5 k €
  21. 2006
    Annual accounts 2006-23,1 k €
  22. 21/04/2006
    IncorporationPrivate limited company
  23. 2006
    Name changeN.J. EXPLORE