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EXPLORE ACTION

Active
Private limited companyfounded 20242 yrs activeLeuvensesteenweg 91, 3080 Tervuren, BelgiumKBO/BCE: BE 1004.373.137
Summary

EXPLORE ACTION has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,079 and a net result of €22,079. Its solvency ranks better than 52% of 2545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency74
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.88; short-term debt: 50.8% and cash: 60.2% of total assets), but 50.8% of the assets are financed with debt.
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Signals

Four 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
38.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EXPLORE ACTION was incorporated on 8 January 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€28,079
Total assets
€57,111
Net result
€22,079
Working capital
€25,530

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €57,111
Fixed assets €2,549
Current assets €54,562
Equity and liabilities €57,111
Equity €28,079
Debt €29,032
Debt finances 50.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€34,679
Cash flow
€22,716
Current ratio
1.88
Debt to equity
1.03
ROE
78.6%
ROA
38.7%
Interest coverage
277.75
Debt ≤ 1 year
€29,032
Income taxes
€11,979
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€57,111
Fixed assets21/28€2,549
Tangible fixed assets22/27€2,549
Furniture and vehicles24€2,549
Current assets29/58€54,562
Amounts receivable within one year40/41€20,187
Trade receivables40€8,187
Other amounts receivable41€12,000
Cash at bank and in hand54/58€34,375
Equity and liabilities
Total equity and liabilities10/49€57,111
Equity10/15€28,079
Contributions10/11€6,000
Outside capital11€6,000
Other1109/19€6,000
Reserves13€22,000
Distributable reserves133€22,000
Profit (loss) carried forward14€79
Amounts payable17/49€29,032
Amounts payable within one year42/48€29,032
Trade debts44€10,397
Suppliers440/4€10,397
Taxes, remuneration and social security45€12,182
Taxes450/3€12,182
Other amounts payable47/48€6,453
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637
Other operating charges640/8€684
Gross operating margin9900€35,363
Operating profit (loss)9901€34,042
Financial income75/76B€141
Recurring financial income75€141
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€34,058
Income taxes67/77€11,979
Profit (loss) for the period9904€22,079
Profit (loss) for the period to be appropriated9905€22,079
Appropriation of the result
Profit (loss) to be appropriated9906€22,079
Transfer to equity691/2€22,000
To other reserves6921€22,000

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637
Other operating charges640/8€684
Gross operating margin9900€35,363
Operating profit (loss)9901€34,042
Financial income75/76B€141
Recurring financial income75€141
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€34,058
Income taxes67/77€11,979
Profit (loss) for the period9904€22,079
Profit (loss) for the period to be appropriated9905€22,079
Line2024
Assets
Total assets20/58€57,111
Fixed assets21/28€2,549
Tangible fixed assets22/27€2,549
Furniture and vehicles24€2,549
Current assets29/58€54,562
Amounts receivable within one year40/41€20,187
Trade receivables40€8,187
Other amounts receivable41€12,000
Cash at bank and in hand54/58€34,375
Equity and liabilities
Total equity and liabilities10/49€57,111
Equity10/15€28,079
Contributions10/11€6,000
Outside capital11€6,000
Other1109/19€6,000
Reserves13€22,000
Distributable reserves133€22,000
Profit (loss) carried forward14€79
Amounts payable17/49€29,032
Amounts payable within one year42/48€29,032
Trade debts44€10,397
Suppliers440/4€10,397
Taxes, remuneration and social security45€12,182
Taxes450/3€12,182
Other amounts payable47/48€6,453
Line2024
Profit (loss) for the period9904€22,079
+ Depreciation and write-downs630€637
Operating cash flow (approximation)€22,716

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State 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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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, Tervuren · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,598 m²
Building footprint
148 m²
Volume, LiDAR
498 m³
Parcel 24114A0119/00A000, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EXPLORE ACTION
Leuvensesteenweg 91, 3080 TervurenVocational training
since 20242.353.825.160
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24114A0119/00A000 Flanders 1,598 m² 1 · 148 m² 5.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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

Of 3,019 companies in sector 85592 we hold annual accounts for 988. 624 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
82100Office administrative and support services
82300Organisation of conventions and trade shows

Scores and ratios are computed by Checked and are not a credit decision.