What is the address of EXPLOITATION RESEARCH ADMINISTRATION?

The registered office of EXPLOITATION RESEARCH ADMINISTRATION is located at Rue de la Vouée Juetta(RIC) 26/C1, 4600 Visé.

Is EXPLOITATION RESEARCH ADMINISTRATION still active?

Yes. According to the CBE (30 October 2026) EXPLOITATION RESEARCH ADMINISTRATION is active, legal situation “Normale toestand”, started on 26 September 1990.

Is EXPLOITATION RESEARCH ADMINISTRATION registered on Peppol?

Yes, EXPLOITATION RESEARCH ADMINISTRATION is registered on the Peppol network with ID 0208:0441827080.

What is the enterprise number of EXPLOITATION RESEARCH ADMINISTRATION?

The enterprise number of EXPLOITATION RESEARCH ADMINISTRATION is BE0441827080.

When was EXPLOITATION RESEARCH ADMINISTRATION founded?

EXPLOITATION RESEARCH ADMINISTRATION was founded on 26 September 1990.

Who are the directors of EXPLOITATION RESEARCH ADMINISTRATION?

According to the 2025 annual accounts, the directors of EXPLOITATION RESEARCH ADMINISTRATION are: Vincent COLLINET.

Is EXPLOITATION RESEARCH ADMINISTRATION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 September 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did EXPLOITATION RESEARCH ADMINISTRATION make in 2025?

EXPLOITATION RESEARCH ADMINISTRATION recorded a loss after taxes of € 40,209 in financial year 2025.

What is the revenue of EXPLOITATION RESEARCH ADMINISTRATION?

As a small company, EXPLOITATION RESEARCH ADMINISTRATION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 24,776.

EXPLOITATION RESEARCH ADMINISTRATION (Private Limited)

Q: What does EXPLOITATION RESEARCH ADMINISTRATION do?

EXPLOITATION RESEARCH ADMINISTRATION is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 26 September 1990, 1 establishment.

Dossier EXPLOITATION RESEARCH ADMINISTRATION, printed on 30 October 2026 from databakkes.be/en/0441827080/exploitation-research-administration. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

EXPLOITATION RESEARCH ADMINISTRATION from Visé, company number BE0441827080, closed financial year 2025 with a result of € -40,209 after tax. For that financial year EXPLOITATION RESEARCH ADMINISTRATION recorded a gross margin of € 24,776 and equity of € 109,583. Compared with financial year 2024, the result moved from € 8,984 to € -40,209. 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 June 10, 2026.

What it is worth Healthy

€ 109,583

▼ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -40,209

▼ still € 8,984 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,994

▼ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 90,991.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt ≈ 13 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 56,288

▼ 72% vs 2024

€ 4,476 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 8,670

▲ € 6,869 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 9,926

▲ 45% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 37,255 Gross margin 2022: € 37,255 First fiscal year in the series	€ 23,530 Gross margin 2023: € 23,530 ▼ 37% vs 2022 (€ 37,255) Unfavourable step	€ 31,460 Gross margin 2024: € 31,460 ▲ 34% vs 2023 (€ 23,530) Favourable step	€ 24,776 Gross margin 2025: € 24,776 ▼ 21% vs 2024 (€ 31,460) Unfavourable step	▼ 21%
Profit after taxes	€ 19,146 Profit after taxes 2022: € 19,146 First fiscal year in the series	€ 3,621 Profit after taxes 2023: € 3,621 ▼ 81% vs 2022 (€ 19,146) Unfavourable step	€ 8,984 Profit after taxes 2024: € 8,984 ▲ 148% vs 2023 (€ 3,621) Favourable step	€ -40,209 Profit after taxes 2025: € -40,209 ▼ € 49,193 vs 2024 (€ 8,984) Unfavourable step	▼ € 49,193
Equity	€ 137,186 Equity 2022: € 137,186 First fiscal year in the series	€ 140,807 Equity 2023: € 140,807 ▲ 3% vs 2022 (€ 137,186) Favourable step	€ 149,792 Equity 2024: € 149,792 ▲ 6% vs 2023 (€ 140,807) Favourable step	€ 109,583 Equity 2025: € 109,583 ▼ 27% vs 2024 (€ 149,792) Unfavourable step	▼ 27%
Total debts	€ 275,726 Total debts 2022: € 275,726 First fiscal year in the series	€ 274,600 Total debts 2023: € 274,600 Unchanged (€ 275,726) Favourable step	€ 248,915 Total debts 2024: € 248,915 ▼ 9% vs 2023 (€ 274,600) Favourable step	€ 200,043 Total debts 2025: € 200,043 ▼ 20% vs 2024 (€ 248,915) Favourable step	▼ 20%
Cash	€ 16,398 Cash 2022: € 16,398 First fiscal year in the series	€ 9,582 Cash 2023: € 9,582 ▼ 42% vs 2022 (€ 16,398) Unfavourable step	€ 9,492 Cash 2024: € 9,492 ▼ 1% vs 2023 (€ 9,582) Unfavourable step	€ 8,994 Cash 2025: € 8,994 ▼ 5% vs 2024 (€ 9,492) Unfavourable step	▼ 5%
Land & buildings	€ 280,197 Land & buildings 2022: € 280,197 First fiscal year in the series	€ 270,629 Land & buildings 2023: € 270,629 ▼ 3% vs 2022 (€ 280,197) Unchanged	€ 261,061 Land & buildings 2024: € 261,061 ▼ 4% vs 2023 (€ 270,629) Unchanged	€ 251,493 Land & buildings 2025: € 251,493 ▼ 4% vs 2024 (€ 261,061) Unchanged	▼ 4%
Retained profit	€ 118,594 Retained profit 2022: € 118,594 First fiscal year in the series	€ 122,215 Retained profit 2023: € 122,215 ▲ 3% vs 2022 (€ 118,594) Favourable step	€ 131,200 Retained profit 2024: € 131,200 ▲ 7% vs 2023 (€ 122,215) Favourable step	€ 90,991 Retained profit 2025: € 90,991 ▼ 31% vs 2024 (€ 131,200) Unfavourable step	▼ 31%
Bank debt	€ 225,458 Bank debt 2022: € 225,458 First fiscal year in the series	€ 213,465 Bank debt 2023: € 213,465 ▼ 5% vs 2022 (€ 225,458) Favourable step	€ 201,170 Bank debt 2024: € 201,170 ▼ 6% vs 2023 (€ 213,465) Favourable step	€ 56,288 Bank debt 2025: € 56,288 ▼ 72% vs 2024 (€ 201,170) Favourable step	▼ 72%
Balance sheet total	€ 412,912 Balance sheet total 2022: € 412,912 First fiscal year in the series	€ 415,407 Balance sheet total 2023: € 415,407 ▲ 1% vs 2022 (€ 412,912) Unchanged	€ 398,706 Balance sheet total 2024: € 398,706 ▼ 4% vs 2023 (€ 415,407) Unchanged	€ 309,626 Balance sheet total 2025: € 309,626 ▼ 22% vs 2024 (€ 398,706) Unchanged	▼ 22%

Key figures of EXPLOITATION RESEARCH ADMINISTRATION, 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 EXPLOITATION RESEARCH ADMINISTRATION?

What happened at EXPLOITATION RESEARCH ADMINISTRATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 10, 2026 New annual accounts for financial year 2025: loss of € 40,209 (▼ € 49,193 vs 2024). Source: NBB ↗
Apr 1, 2015 New establishment in Visé. KBO
2014 Vincent COLLINET became a director. NBB
Sep 26, 1990 Start of the company according to the CBE. KBO

In short

From € 19,146 profit in 2022 to € 40,209 loss in 2025.

Paid € 4,486 in corporate taxes since 2022.

Best year ever: 2022, with € 19,146 profit.

Original PDFs at the National Bank ↗

Management

Vincent COLLINET

EXPLOITATION RESEARCH ADMINISTRATION

LES CAFES RECSI

Behind EXPLOITATION RESEARCH ADMINISTRATION is Vincent COLLINET. Vincent COLLINET is also behind LES CAFES RECSI.

Directors

According to the 2025 annual accounts

Vincent COLLINET

Director

Also active at: LES CAFES RECSI

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Vouée Juetta(RIC) 26/C1

4600 Visé

2.254.207.249

Rue de la Vouée Juetta(RIC) 26 box C1

4600 Visé

Active since 1 April 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0441.827.080

VAT number

BE 0441.827.080

Registered office

Rue de la Vouée Juetta(RIC) 26/C1, 4600 Visé

Names & denominations

EXPLOITATION RESEARCH ADMINISTRATION · E.R.A.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 September 1990

Peppol

Active · Active since 15 Sept 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige dienstverlenende activiteiten op het gebied van informatie

Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

View on CBE Public ↗ Annual accounts (NBB) ↗