Explodential
ActiveSummary
Explodential has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,134 and a net result of €118,018. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 82% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €156,134
- Profit
- €118,018
Why 91raises riskLiquidity: current ratio 2.79, cash €2,040, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €185,157Equity €156,134 (84.3% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 28% on liquidity, 84% on profitability and 60% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 59 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2019 to 2025net €118,018 ▲71.6%
- Equity above €150,000equity €156,134 ▲12.9%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has risen four years in a row; 2025 is 63% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €3,553 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,314 | €17,495 | €16,912 | €10,108 | €9,091 | €5,714 | €9,618 | ▲ 68.3% |
| Other operating charges640/8 | - | - | - | €850 | €1,200 | €994 | €3,306 | ▲ 232% |
| Gross operating margin9900 | €58,169 | €9,772 | €15,546 | €22,038 | €29,158 | €102,814 | €169,943 | ▲ 65.3% |
| Operating profit (loss)9901 | €38,696 | -€8,694 | -€2,208 | €11,080 | €18,867 | €96,106 | €157,020 | ▲ 63.4% |
| Financial income75/76B | - | - | - | - | - | - | €67 | - |
| Recurring financial income75 | - | - | - | - | - | - | €67 | - |
| Financial charges65/66B | - | - | - | €1,635 | €824 | €398 | €2,684 | ▲ 574% |
| Recurring financial charges65 | €1,606 | €1,686 | €1,496 | €1,635 | €824 | €398 | €2,684 | ▲ 574% |
| Profit (loss) for the period before taxes9903 | €37,090 | -€10,379 | -€3,704 | €9,444 | €18,043 | €95,708 | €154,403 | ▲ 61.3% |
| Income taxes67/77 | €13,909 | €203 | €184 | €1,658 | €6,214 | €26,941 | €36,385 | ▲ 35.1% |
| Profit (loss) for the period9904 | €23,181 | -€10,582 | -€3,888 | €7,786 | €11,830 | €68,767 | €118,018 | ▲ 71.6% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €33,680 | - |
| Profit (loss) for the period to be appropriated9905 | €23,181 | -€10,582 | -€3,888 | €7,786 | €11,830 | €68,767 | €84,338 | ▲ 22.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €135,752 | €113,337 | €114,161 | €101,533 | €97,838 | €175,885 | €185,157 | ▲ 5.3% |
| Fixed assets21/28 | €121,430 | €109,671 | €95,376 | €95,458 | €86,904 | €48,081 | €104,101 | ▲ 117% |
| Intangible fixed assets21 | €1,510 | €1,052 | €594 | €200 | - | - | - | - |
| Tangible fixed assets22/27 | €119,557 | €108,257 | €94,419 | €94,895 | €86,541 | €47,718 | €103,738 | ▲ 117% |
| Furniture and vehicles24 | - | - | - | €10,295 | €7,515 | €11,815 | €7,138 | ▼ 39.6% |
| Other tangible fixed assets26 | - | - | - | €84,600 | €79,026 | €35,903 | €96,600 | ▲ 169% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €14,322 | €3,666 | €18,785 | €6,075 | €10,934 | €127,804 | €81,057 | ▼ 36.6% |
| Amounts receivable within one year40/41 | €10,831 | €1,846 | €15,829 | €3,001 | €4,025 | €7,788 | €12,058 | ▲ 54.8% |
| Trade receivables40 | - | - | - | €2,722 | €3,828 | €7,788 | €12,058 | ▲ 54.8% |
| Other amounts receivable41 | - | - | - | €279 | €198 | - | - | - |
| Current investments50/53 | - | - | - | - | - | - | €56,000 | - |
| Cash at bank and in hand54/58 | €1,971 | €1,002 | €2,127 | €2,228 | €5,142 | €107,278 | €2,040 | ▼ 98.1% |
| Deferred charges and accrued income490/1 | - | - | - | €846 | €1,767 | €12,738 | €10,958 | ▼ 14.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €135,752 | €113,337 | €114,161 | €101,533 | €97,838 | €175,885 | €185,157 | ▲ 5.3% |
| Equity10/15 | €70,640 | €60,058 | €56,171 | €63,957 | €75,787 | €138,254 | €156,134 | ▲ 12.9% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €12,400 | €18,600 | €18,600 | = |
| Reserves13 | €58,240 | €47,658 | €43,771 | €51,557 | €63,387 | €119,654 | €137,534 | ▲ 14.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | - | €33,680 | - |
| Distributable reserves133 | - | - | - | €49,697 | €63,387 | €119,654 | €103,854 | ▼ 13.2% |
| Amounts payable17/49 | €65,112 | €53,279 | €57,990 | €37,576 | €22,051 | €37,631 | €29,024 | ▼ 22.9% |
| Amounts payable after more than one year17 | €10,000 | €10,000 | €10,000 | €10,000 | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €10,000 | - | - | - | - |
| Amounts payable within one year42/48 | €55,112 | €43,279 | €47,990 | €27,576 | €22,051 | €37,631 | €29,024 | ▼ 22.9% |
| Financial debts43 | - | - | - | €2,931 | €1,283 | €999 | €59 | ▼ 94.1% |
| Credit institutions430/8 | - | - | - | €2,931 | €1,283 | €999 | €59 | ▼ 94.1% |
| Trade debts44 | €9,327 | €1,773 | €12,465 | €2,114 | €4,249 | €2,597 | €2,578 | ▼ 0.7% |
| Suppliers440/4 | - | - | - | €2,114 | €4,249 | €2,597 | €2,578 | ▼ 0.7% |
| Taxes, remuneration and social security45 | - | - | - | €3,328 | €4,381 | €27,764 | €26,018 | ▼ 6.3% |
| Taxes450/3 | - | - | - | €3,328 | €4,381 | €27,764 | €24,348 | ▼ 12.3% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €1,670 | - |
| Other amounts payable47/48 | - | - | - | €19,204 | €12,138 | €6,271 | €368 | ▼ 94.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,181 | -€10,582 | -€3,888 | €7,786 | €11,830 | €68,767 | €118,018 | ▲ 71.6% |
| + Depreciation and write-downs630 | €17,314 | €17,495 | €16,912 | €10,108 | €9,091 | €5,714 | €9,618 | ▲ 68.3% |
| Operating cash flow (approximation) | €40,495 | €6,913 | €13,024 | €17,895 | €20,921 | €74,480 | €127,635 | ▲ 71.4% |
| Investment in fixed assets (approximation) | - | -€5,736 | -€2,617 | -€10,191 | -€536 | €33,109 | -€65,637 | - |
| Change in cash | - | -€969 | €1,124 | €101 | €2,914 | €102,137 | -€105,238 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 22-12-2025 | 2025-00587514 |
| 30-06-2024 | micro format | 23-12-2024 | 2024-00624050 |
| 30-06-2023 | micro format | 20-11-2023 | 2023-00513290 |
| 30-06-2022 | micro format | 19-11-2022 | 2022-20522365 |
| 30-06-2021 | micro format | 13-12-2021 | 2021-79900436 |
| 30-06-2020 | micro format | 20-11-2020 | 2020-71100558 |
| 30-06-2019 | micro format | 22-11-2019 | 2019-74000587 |
| 30-06-2018 | micro format | 12-11-2018 | 2018-71900355 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie, dit « Bob » |
|
Owners and capital
Capital and shareholders
- 13-12-2022 Converted to unavailable equity · €14,260
- 13-12-2022 Converted to uncalled contributions · €6,200
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
13-12
Gazette deed
Resignation: ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie,dit « Bob » (manager)Appointment: ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie,dit « Bob » (director) · Director discharge · Capital conversion11 facts ▸
- Director resignation, ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie,dit « Bob » (manager)
- Director discharge, ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie,dit « Bob »
- Director appointment, ROLIN JACQUEMYNS Robert Guy Frédéric Philip Marie,dit « Bob » (director)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres “apports non appelés”” (deed in French)
- Reserve release, “supprimer, fonds disponibles pour distribution” (deed in French)
- Other provision, “suppression de la valeur nominale des actions” (deed in French)
- Amendment of the articles (2 times)
- Share issue, 100, “répartition des bénéfices et des produits de la liquidation” (deed in French)
- Other provision, “Compte de capitaux propres statutairement disponible”, 14260 (deed in French)
- Registered office clause, “1180 Uccle, avenue Hamoir 70” (deed in French)
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0070/00K000 | Flanders | 2,456 m² | 1 · 351 m² | 10.3 m · 3 |
| 21612C0217/00L022 | Brussels | 639 m² | 1 · 127 m² | 16.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes les activités de consultance et de prestations de services au sens le plus large,et notamment dans le domaine financier,du…” (deed in French)
26 activities (deed in French)
- Toutes les activités de consultance et de prestations de services au sens le plus large,et notamment dans le domaine financier,du management,de la vente et de l’informatique. Elle peut également exercer toute activité liée à la formation et l’enseignement dans ces domaines.
- La réalisation d’études,d’expertises,de conseils d’avis informatiques,financiers,de gestion managériale,techniques,commerciales et administratives au sens le plus large.
- Le conseil en organisation et la gestion de toutes entreprises ou sociétés : gestion journalière,organisation et gestion des ressources humaines,le marketing et la publicité,la mise en place de structures financières,ainsi que toutes opération de type venture capital,fusion et acquisition,financement et toutes opérations liées à Internet.
- Le conseil en matière de développement de sociétés par voie de prise de participations,d’apports,de fusion par absorption ou d’investissements,ainsi que la gestion des participations comprenant notamment toutes les activités de conseil et d’assistance en matière de stratégie et de gestion d’entreprise.
- La consultance en communication digitale.
- Le développement,la coordination,la supervision,le conseil dans le domaine du traitement de données,de programmes et de systèmes informatiques.
- Le développement,l’achat,la vente,la prise de licences ou l’octroi de licences,de brevets,know-how et d’actifs immobiliers apparentés.
- La recherche,le développement,la production,la promotion ainsi que la commercialisation de nouveaux produits,de nouvelles technologies et leurs applications.
- La conception,l’étude,l’analyse,le développement,la réalisation,la mise en application,la promotion,la gestion,la fabrication,la transformation,la commercialisation,l’entretien,la réparation,la maintenance,l’achat et la vente en gros ou au détail,la location,l’importation et l’exportation de tous programmes et logiciels informatiques,bureautiques et de multimédias,de matériels,de fournitures et d’équipements informatiques,multimédias,électroniques et de bureau,ainsi que de tous produits et services similaires et accessoires.
- L’organisation d’événements,de teambuilding,de coaching et de consultance dans les domaines précités.
- De façon générale,le conseil en communication et notamment toutes prestations dans le secteur multimédia,les relations avec la presse au sens large et les relations publiques en général,notamment sur les réseaux sociaux.
- L’intermédiation commerciale.
- L’achat,la vente,l’importation et l’exportation,ainsi que le négoce de marchandises.
- La consultance,le conseil et l’assistance aux entreprises,institutions ou organisations nationales comme internationales,publiques comme privées,à buts lucratifs ou non lucratifs et aux particuliers en matière de gestion des besoins en développements informatiques et leurs sousjacents pour le développement aussi bien au niveau national qu’international de leurs activités commerciales
- Assistance aux entreprises générales de bâtiment; entreprise générale de bâtiment,construction,rénovation des constructions,démolitions; d'achat ou de vente d'anciennes et nouvelles habitations,peinture,maçonnerie,électricité,toiture,matériaux de construction,matériel électrique et électronique,sanitaire et de plomberie .. ,etc
- Et plus généralement,toutes opérations,de quelque nature qu'elles soient juridiques,économiques et financières,civile et commerciales se rattachant à l’objet sus-indiqué ou à tout autres objets similaires ou connexes,de nature à favoriser,directement ou indirectement,le but poursuivi par la société,son extension ou son développement.
- A la fourniture de tous services ou prestations au profit de toutes clientèles privées ou commerciales,notamment: le nettoyage et l'entretien d'immeubles,le nettoyage de vitres et de bureaux,de petits travaux,services intérimaires,sous-traitance,l'installation de panneaux solaires,
- La société pourra prendre des participations,sous quelque forme que ce soit,tant en Belgique qu'à l'étranger,ainsi que le contrôle,la gestion et la mise en valeur,ainsi que toute opération se rapportant directement ou indirectement à la gestion des sociétés dans lesquelles les titres ont été pris. Elle pourra effectuer toute opération directement ou indirectement liée à la gestion de ces sociétés.
- La société peut,pour son compte propre,assurer la gestion d’un patrimoine de valeurs mobilières et immobilières,incluant notamment mais non exclusivement des actions et parts sociales belges ou étrangères,cotées ou non,des obligations,bons de caisse,warrants,options et titres analogues,ainsi que des métaux précieux,pierres précieuses,oeuvres d’art,tableaux,meubles et bibelots ; des terrains et constructions.
- Elle a également pour objet l’achat,la vente,la location,la gestion,la promotion,l’échange,la construction,la reconstruction,la démolition,la transformation et l’exploitation de tous immeubles bâtis ou non,meublés ou non.
- Aux fins de réaliser son objet,la société peut émettre des emprunts obligataires,des certificats fonciers et tout autre emprunt analogue.
- La société peut agir pour son compte propre,par commission,en qualité d’intermédiaire ou de représentant.
- Elle pourra s’intéresser par voie d’apport,de fusion,de souscription ou de toute autre manière,dans toutes affaires,entreprises,sociétés,groupements ou organisations ayant un objet identique,analogue,similaire ou connexe au sien ou qui soit de nature à favoriser le développement de ses activités ou simplement utile à la réalisation de son objet social,en Belgique et à l’étranger. Elle peut hypothéquer ses biens immobiliers et mettre en gage ses autres biens,y compris le fonds de commerce,ainsi que donner son aval pour tout emprunt ou ouverture de crédit à condition qu’elle en tire un profit.
- La société peut,d’une façon générale,accomplir toutes opérations civiles,commerciales,industrielles et financières,immobilières et mobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter,directement ou indirectement,entièrement ou partiellement,sa réalisation,et notamment,sans que cette liste ne soit limitative,vendre ou acheter,prendre en location,louer et échanger tous biens mobiliers et immobiliers,prendre,obtenir,acquérir,céder toutes marques de fabrique,brevets d’invention et licences,et effectuer des placements en valeurs immobilières.
- La société peut accepter tout mandat de gestion et d’administration dans toutes associations,sociétés ou entreprises et se porter caution pour autrui.
- Elle peut également se porter garantie pour d’autres entreprises ayant un objet similaire ou non au sien,ainsi qu’établir des droits réels et personnels sur leurs biens.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EXPLODENTIAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles Capitale, sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu'à l'étranger par simple…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires peuvent prendre connaissance relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Transmission pour cause de mort sans agrément, cession entre vifs sans agrément” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of October at 09:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision assemblée délibérant formes prévues modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, administrateurs en fonction désignés liquidateurs en vertu statuts si aucun autre…” (deed in French)