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EXPLAIN IT

Active
Private limited company (pre-2019)founded 2006active for 19 yearsBeskensstraat 32, 3520 Zonhoven, BelgiumKBO/BCE: BE 0885.676.613
Summary

EXPLAIN IT has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €648,835 and a net result of -€7,919. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 93% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

On 14 December 2006, EXPLAIN IT was incorporated.1 Total assets went from €328,808 in 2019 to €693,208 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Weakest financial yearnet -€7,919
Net result drops to -€7,919, the lowest in the series.
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
30-09
Financial Highest result from 2019 to 2025net €160,479 ▲160%
Operating result €224,825, net result €160,479, both a record.
30-09
Financial Liquidity more than doubledcurrent ratio 14.90
Current ratio from 5.81 to 14.90; short-term debt falls from €108,221 to €48,863.
28-04
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
30-09
Financial Equity above €500,000equity €529,141 ▲13.2%
A profit in every financial year since 2019 builds equity to €529,141.
02-05
NBB filing Annual accounts filed
financial year 2021 · micro format · 2 days late
2021
28-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
23-04
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
28-03
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
30-03
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
22-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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