Equity
€68,314 ▲ 11.5%
EXPLORER LABS has made a profit in every financial year since 2022.
EXPLORER LABS
Lifetime
4 annual accounts with figures on one time axispeak €47,353 (2023)
€13,502▲ 60.3%
peak €31,336 (2023)
€7,057▲ 222%
peak €68,314 (2025)
€68,314▲ 11.5%
€17,418▲ 101%
Board1 name since 2021
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €8,425 to €13,502Result from €2,192 to €7,057Debts from €8,682 to €17,418Investments €1,413
Key points
from the 2025 annual accountsTurnover
≈ €62,000 estimated
The micro format states no turnover.
Investments
€1,413 2.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
4.78 was 7.83 in 2024
Short-term debts rose from €8,682 to €17,352.
Filings
4 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Starting capital
€3,000 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as EXPLORER LABS has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for EXPLORER LABS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769676588
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 16-06-2021 · Gazette deed
First establishment
Neerhoevelaan 88b, Mortsel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EXPLORER LABS Mortsel | €85,732 | €13,502 | 79.7% | - |
| RedMil Management Sprimont | €96,060 | €13,763 | 49.1% | - |
| KAM CONSULTING Sint-Niklaas | €84,384 | €15,616 | 3.6% | - |
| Gerand Kortemark | €69,489 | €14,509 | 68.7% | - |
| HANKA Management Hulshout | €130,715 | €14,833 | 96.6% | - |
| Bert van Bavel Beheer Baarle-Hertog | €64,592 | €10,000 | 75.2% | - |
| SME Beerse | €91,207 | €18,126 | 90.3% | - |
These companies have the same main activity as EXPLORER LABS: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €64,600 and €131,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 14-06-2021Normal situation
- Activity
- Activities of head officesNACE 70100and 5 others
- Establishment unit
- 2.319.009.6822640 Mortsel, since 14-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Insights on EXPLORER LABS
EXPLORER LABS files the micro format. That format states no turnover. The gross margin fell from €32,467 in 2022 to €13,502 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EXPLORER LABS
- What is the company number of EXPLORER LABS?
- The company number of EXPLORER LABS is 0769.676.588. The VAT number is the same number with BE in front: BE 0769.676.588.
- Where is EXPLORER LABS based?
- The registered office is at Neerhoevelaan 88b, 2640 Mortsel.Company details
- What does EXPLORER LABS do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of EXPLORER LABS?
- EXPLORER LABS is a private limited company (BV).
- When was EXPLORER LABS founded?
- EXPLORER LABS was founded on 14-06-2021.
- Is EXPLORER LABS still active?
- Yes, EXPLORER LABS is an active enterprise in the KBO register.
- What is the turnover of EXPLORER LABS?
- The turnover in financial year 2025 is ≈ €62,000. This figure is estimated from the gross margin of €13,502 and 213 comparable companies (NACE 70). It probably lies between €30,000 and €120,000. It is a rough estimate.Financials
- Is EXPLORER LABS profitable?
- In financial year 2025, EXPLORER LABS made a profit of €7,057.
- Where can I find the annual accounts of EXPLORER LABS?
- EXPLORER LABS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EXPLORER LABS due?
- EXPLORER LABS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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