Explane
The computed 12-month bankruptcy probability of Explane is 0.3% (very low). The 2024 annual accounts show equity of €60k and a net result of €267k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 301 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €60k |
| Net result | €267k |
| Staff (FTE) | 0.8 |
| Better than sector | 27% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.0% | 22.9% | |
| Net result | €267k | €74k | |
| Equity | €60k | €115k | |
| Gross operating margin | €408k | €244k | |
| Staff costs | €62k | €339k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €342k |
| Net profit | €267k |
| Cash flow | €289k |
| Staff costs | €62k |
| Income taxes | €48k |
| Dividends | €159k |
| Total assets | €1.00M |
| Equity | €60k |
| Debt | €943k |
| of which ≤ 1y | €445k |
| of which > 1y | €498k |
| Working capital | €-6k |
| Employees (FTE) | 0.8 |
| 2024 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.99 |
| Working capital ratio | -0.5% |
| Solvency | 6.0% |
| Debt / equity | 15.61 |
| Long-term debt ratio | 8.24 |
| Interest coverage | 64.31 |
| Gross margin | - |
| Net margin | - |
| ROA | 26.6% |
| ROE | 442.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.00M |
| Fixed assets | 21/28 | €564k |
| Tangible fixed assets | 22/27 | €563k |
| Financial fixed assets | 28 | €600 |
| Current assets | 29/58 | €440k |
| Amounts receivable within one year | 40/41 | €136k |
| Cash & bank | 54/58 | €261k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.00M |
| Equity | 10/15 | €60k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €52k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €943k |
| Amounts payable after one year | 17 | €498k |
| Amounts payable within one year | 42/48 | €445k |
| Trade debts payable within one year | 44 | €39k |
| Income statement | ||
| Gross operating margin | 9900 | €408k |
| Operating result | 9901 | €320k |
| Financial income | 75 | €355 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €315k |
| Income taxes | 67/77 | €48k |
| Net result for the period | 9904 | €267k |
| Result to be appropriated | 9905 | €267k |
| NACE primary | Lawyers(69101) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2019 |
| Status | Active |
| Postal code | 4000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813F0039/00G000 ProtectedMonument · Site or landscape |
Wallonia | 498 m² | 1 · 150 m² | 18.3 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-07-2025 1 director appointed, 1 resigning
- ŒILLETS VX, Bestuurder
- Zoé Vrolix, Bestuurder
Technical details
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],
"is_correction": false,
"subject_company": {
"kbo": "0729.589.557",
"name_full": "EXPLANE",
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"corrected_publication_numac": null
}23-11-2023 3 directors appointed, 2 resigning correction
- Zoé Vrolix, Bestuurder
- SRL BCMD, Bestuurder
- SRL ALEX PN, Bestuurder
- Michel Delnoy, Bestuurder
- Alexandre Pirson, Bestuurder
Technical details
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"subkind": "rectification",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2023-01-01",
"evidence_quote": "L\u0027Assembl\u00E9e acte la d\u00E9mission Mr Michel Delnoy de son poste d\u0027administrateur avec prise d\u0027effet r\u00E9troactive \u00E0 la date du 1er janvier 2023",
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"compensated": null,
"effective_date": "2023-07-01",
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"kbo": "0793.881.256",
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"notary": {
"name": "LAUWERS Mastin",
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"office_city": "Li\u00E8ge",
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"subject_company": {
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"name_full": "EXPLANE",
"legal_form": "SRL"
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"Bijlagen.bij het Belgisch.Staatsblad.- 23/11/2023- Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}30-12-2022 Registered office moved to Liège
- 43/11 Rue Albert Mockel à 4000 Liège
Technical details
{
"events": [
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"seat_type": "siege_social",
"new_address": {
"raw": "43/11 Rue Albert Mockel \u00E0 4000 Li\u00E8ge",
"city": "Li\u00E8ge",
"region": "waals_gewest",
"street": "Rue Albert Mockel",
"country": "BE",
"postcode": "4000",
"box_number": null,
"street_number": "43/11",
"locality_suffix": null
},
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"effective_date": "2022-09-12",
"evidence_quote": "L\u0027Assembl\u00E9e acte le d\u00E9m\u00E9nagement de la SRL Explane dans ses nouveaux locaux. Le si\u00E8ge social de SRL Explane est transf\u00E9r\u00E9 43/11 Rue Albert Mockel \u00E0 4000 Li\u00E8ge et ce \u00E0 partir de ce 12 septembre 2022",
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"Bijlagen bij het Belgisch Staatsblad",
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]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Explane |