Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EXPLOSIVE from Lontzen, company number BE0439416532, closed financial year 2025 with a result of € -8,657 after tax. For that financial year EXPLOSIVE recorded a gross margin of € 9,595 and equity of € 50,021. Compared with financial year 2024, the result moved from € -2,202 to € -8,657. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 50,021
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,657
▼ 293 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,107
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,429.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 31,883
▼ 22% vs 2024
€ 10,063 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,776
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,302 | € 9,720 | € 969 | € 9,595 | ▲ € 8,626 |
| Profit after taxes | € 8,351 | € 1,423 | € -2,202 | € -8,657 | ▼ € 6,455 |
| Equity | € 59,457 | € 60,880 | € 58,678 | € 50,021 | ▼ 15% |
| Total debts | € 13,424 | € 7,014 | € 45,381 | € 36,590 | ▼ 19% |
| Cash | € 733 | € 2,784 | € 1,725 | € 2,107 | ▲ 22% |
| Land & buildings | € 40,580 | € 36,428 | € 72,286 | € 67,265 | ▼ 7% |
| Retained profit | € 40,865 | € 42,288 | € 40,086 | € 31,429 | ▼ 22% |
| Bank debt | € 2,438 | € 904 | € 40,645 | € 31,883 | ▼ 22% |
| Balance sheet total | € 72,881 | € 67,894 | € 104,059 | € 86,611 | ▼ 17% |
Key figures of EXPLOSIVE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EXPLOSIVE?
What happened at EXPLOSIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,657. filed late Source: NBB ↗
- New establishment in Lontzen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,351 profit in 2022 to € 8,657 loss in 2025.
Paid € 14 in corporate taxes since 2022.
Best year ever: 2022, with € 8,351 profit.
Management
Behind EXPLOSIVE is Paul Meyer.
Directors
According to the 2025 annual accounts
Paul Meyer
Manager
Establishments
Establishment units
Physical locations of this company
Rue Mitoyenne 88
4710 Lontzen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.416.532
- VAT number
- BE 0439.416.532
- Registered office
- Rue Mitoyenne 88, 4710 Lontzen
- Names & denominations
- EXPLOSIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 19 December 1989
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)