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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ExcusivExplore from Schaarbeek, company number BE0637910503, closed financial year 2025 with a result of € 21,382 after tax. For that financial year ExcusivExplore recorded a gross margin of € 70,437 and equity of € 30,745. Compared with financial year 2024, the result moved from € -15,084 to € 21,382. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 30,745
▲ 228% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,382
▲ still € 15,084 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 24,545.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,223
▲ 32% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 153,558
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 113,505
▼ 19% vs 2024
€ 15,278 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 24,729
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,596
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,374 | € -2,980 | € 25,949 | € 70,437 | ▲ 171% |
| Profit after taxes | € -5,643 | € -25,713 | € -15,084 | € 21,382 | ▲ € 36,466 |
| Equity | € 50,161 | € 24,448 | € 9,363 | € 30,745 | ▲ 228% |
| Total debts | € 56,684 | € 200,925 | € 197,555 | € 164,855 | ▼ 17% |
| Cash | € 19,660 | € 544 | € 0 | - | |
| Retained profit | € 43,961 | € 18,248 | € 3,163 | € 24,545 | ▲ € 21,382 |
| Bank debt | € 395 | € 142,549 | € 139,882 | € 113,505 | ▼ 19% |
| Balance sheet total | € 106,845 | € 225,373 | € 206,918 | € 195,600 | ▼ 5% |
| Employees (FTE) | - | - | 0.4 | 0 | ▼ 0.4 |
Key figures of ExcusivExplore, 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 ExcusivExplore?
What happened at ExcusivExplore in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,382. filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
- Thomas Jeudy became a director. NBB
In short
From € 5,643 loss in 2022 to € 21,382 profit in 2025.
Paid € 2,138 in corporate taxes since 2022.
Best year ever: 2025, with € 21,382 profit.
A new publication or filing at ExcusivExplore? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ExcusivExplore is Thomas Jeudy. Thomas Jeudy is also behind LES ALSACIENS 2.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Rogierlaan 345
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0637.910.503
- VAT number
- BE 0637.910.503
- Registered office
- Rogierlaan 345, 1030 Schaarbeek
- Names & denominations
- ExcusivExplore
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Organisatie van congressen en beurzen
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening