EXPLEA
ActiveEXPLEA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €37k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-3
Solvency54▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.78 in 2024; short-term debt: 6.2% and cash: 6.9% of total assets), but 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
3.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
26 d late
2024
37 d early
2023
36 d early
2022
22 d late
2021
30 d early
2020
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▲ 15.3%
2024 · €245k
2020: €25k
2021: €76k
2022: €138k
2023: €190k
2024: €245k
2020 → 2025
Total assets
€964k▼ 0.2%
2024 · €967k
2020: €44k
2021: €85k
2022: €926k
2023: €995k
2024: €967k
2020 → 2025
Net result
€37k▼ 31.7%
2024 · €55k
2020: €22k
2021: €51k
2022: €63k
2023: €54k
2024: €55k
2020 → 2025
Working capital
€38k▼ 16.6%
2024 · €46k
2020: €17k
2021: €72k
2022: €609k
2023: €120k
2024: €46k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€138k▲ 82.4%€190k▲ 37.1%€245k▲ 28.9%€282k▲ 15.3%
Operating result€64k-€82k▲ 28.0%€83k▲ 0.3%€90k▲ 9.0%€68k▼ 24.7%
Net result€51k-€63k▲ 23.8%€54k▼ 13.9%€55k▲ 1.6%€37k▼ 31.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964k
Fixed assets
€866k▲ 0.5%
Current assets
€98k▼ 5.9%
Equity and liabilities €964k
Equity
€282k▲ 15.3%
Debt
€682k▼ 5.5%
The debt ratio falls from 74.7% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2024 · €102k
Cash flow
€64k▼
2024 · €67k
Solvency
29.2%▲
2024 · 25.3%
Current ratio
1.64▼
2024 · 1.78
Quick ratio
1.64▼
2024 · 1.78
Debt / equity
2.42▼
2024 · 2.95
ROE
13.3%▼
2024 · 22.4%
ROA
3.9%▼
2024 · 5.7%
Interest coverage
4.55▼
2024 · 4.70
Debt
€682k▼
2024 · €722k
Debt ≤ 1 year
€60k▲
2024 · €59k
Debt > 1 year
€622k▼
2024 · €663k
Income taxes
€10k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€967k€964k▼
Fixed assets21/28€862k€866k▲
Tangible fixed assets22/27€862k€866k▲
Land and buildings22-€841k
Furniture and vehicles24€36k€25k▼
Assets under construction and advance payments27€826k-
Current assets29/58€104k€98k▼
Amounts receivable within one year40/41€20k€30k▲
Trade receivables40€17k€23k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€83k€67k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€967k€964k▼
Equity10/15€245k€282k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€242k€279k▲
Amounts payable17/49€722k€682k▼
Amounts payable after more than one year17€663k€622k▼
Financial debts170/4€663k€622k▼
Amounts payable within one year42/48€59k€60k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€10k€8k▼
Accrued charges and deferred income492/3-€111
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€27k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€104k€96k▼
Operating profit (loss)9901€90k€68k▼
Financial income75/76B€115€623▲
Recurring financial income75€115€623▲
Financial charges65/66B€22k€21k▼
Recurring financial charges65€22k€21k▼
Profit (loss) for the period before taxes9903€68k€48k▼
Income taxes67/77€14k€10k▼
Profit (loss) for the period9904€55k€37k▼
Profit (loss) for the period to be appropriated9905€55k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€242k€279k▲
Profit (loss) brought forward from the previous period14P€187k€242k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €245k ▲28.9%
5 profitable years in a row build equity to €245k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €190k ▲37.1%
4 profitable years in a row build equity to €190k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Highest result since 2020net €63k ▲23.8%
Net result €63k, the highest in the series.
31-12
Financial
Equity above €100kEq €138k ▲82.4%
3 profitable years in a row build equity to €138k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 9.03
Current ratio from 1.91 to 9.03; short-term debt falls from €19k to €9k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bernissart · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin à Haies(BLA) 177321 BernissartGround area
3,347 m²
Building footprint
103 m²
Volume, LiDAR
794 m³
Parcel 57009A0539/00H000, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemin à Haies(BLA) 17, 7321 Bernissart
since 20202.300.118.735
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57009A0539/00H000 | Wallonia | 3,347 m² | 1 · 103 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Malcorps & Beelen Gerechtsdeurwaarders
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Juncto
BE 0778.819.433
Leuven · Eq €284k
Noyon Frederic
BE 0842.041.162
Nivelles · Eq €284k
Iurex
BE 1006.628.980
Zottegem · Eq €279k
BIFO
BE 0834.525.543
Soumagne · Eq €278k
Of 1,020 companies in sector 69103 we hold annual accounts for 611. 471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2019
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+320000000000