What does EXPLORE D do?

EXPLORE D is registered with the CBE as active in: Personenvervoer door de lucht. Private Limited, started on 25 May 2016, 1 establishment.

What is the address of EXPLORE D?

The registered office of EXPLORE D is located at Terbeke 3, 9681 Maarkedal.

Is EXPLORE D still active?

Yes. According to the CBE (15 November 2026) EXPLORE D is active, legal situation “Normale toestand”, started on 25 May 2016.

Is EXPLORE D registered on Peppol?

Yes, EXPLORE D is registered on the Peppol network with ID 0208:0654982305.

What is the enterprise number of EXPLORE D?

The enterprise number of EXPLORE D is BE0654982305.

When was EXPLORE D founded?

EXPLORE D was founded on 25 May 2016.

Who are the directors of EXPLORE D?

According to the 2026 annual accounts, the directors of EXPLORE D are: KRISTOF BAUWENS.

Is EXPLORE D a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 2016; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did EXPLORE D make in 2026?

EXPLORE D posted a profit after taxes of € 61,097 in financial year 2026.

What is the revenue of EXPLORE D?

As a small company, EXPLORE D is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 108,279.

EXPLORE D (Private Limited) - Maarkedal - BE0654982305

Dossier EXPLORE D, printed on 15 November 2026 from databakkes.be/en/0654982305/explore-d. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

EXPLORE D from Maarkedal, company number BE0654982305, closed financial year 2026 with a result of € 61,097 after tax. For that financial year EXPLORE D recorded a gross margin of € 108,279 and equity of € 265,534. Compared with financial year 2025, the result moved from € 39,066 to € 61,097. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.

What it is worth Growing

€ 265,534

▲ 30% vs 2025

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

Profit Growing

€ 61,097

▲ 56% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 145,357

▲ 90% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 246,934.

People and assets in 2026

Full-time equivalents estimate

≈ 1

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

Vehicles and equipment

€ 13,580

▼ 43% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 1 years to go

€ 8,551

▼ 44% vs 2025

€ 6,828 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 418

▼ 58% vs 2025

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

Taxes

€ 673

▼ 71% vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 101,110 Gross margin 2023: € 101,110 First fiscal year in the series	€ 95,536 Gross margin 2024: € 95,536 ▼ 6% vs 2023 (€ 101,110) Unfavourable step	€ 87,297 Gross margin 2025: € 87,297 ▼ 9% vs 2024 (€ 95,536) Unfavourable step	€ 108,279 Gross margin 2026: € 108,279 ▲ 24% vs 2025 (€ 87,297) Favourable step	▲ 24%
Profit after taxes	€ 67,349 Profit after taxes 2023: € 67,349 First fiscal year in the series	€ 56,658 Profit after taxes 2024: € 56,658 ▼ 16% vs 2023 (€ 67,349) Unfavourable step	€ 39,066 Profit after taxes 2025: € 39,066 ▼ 31% vs 2024 (€ 56,658) Unfavourable step	€ 61,097 Profit after taxes 2026: € 61,097 ▲ 56% vs 2025 (€ 39,066) Favourable step	▲ 56%
Equity	€ 108,712 Equity 2023: € 108,712 First fiscal year in the series	€ 165,371 Equity 2024: € 165,371 ▲ 52% vs 2023 (€ 108,712) Favourable step	€ 204,437 Equity 2025: € 204,437 ▲ 24% vs 2024 (€ 165,371) Favourable step	€ 265,534 Equity 2026: € 265,534 ▲ 30% vs 2025 (€ 204,437) Favourable step	▲ 30%
Total debts	€ 33,595 Total debts 2023: € 33,595 First fiscal year in the series	€ 23,994 Total debts 2024: € 23,994 ▼ 29% vs 2023 (€ 33,595) Favourable step	€ 24,711 Total debts 2025: € 24,711 ▲ 3% vs 2024 (€ 23,994) Unfavourable step	€ 15,170 Total debts 2026: € 15,170 ▼ 39% vs 2025 (€ 24,711) Favourable step	▼ 39%
Cash	€ 48,996 Cash 2023: € 48,996 First fiscal year in the series	€ 109,734 Cash 2024: € 109,734 ▲ 124% vs 2023 (€ 48,996) Favourable step	€ 76,487 Cash 2025: € 76,487 ▼ 30% vs 2024 (€ 109,734) Unfavourable step	€ 145,357 Cash 2026: € 145,357 ▲ 90% vs 2025 (€ 76,487) Favourable step	▲ 90%
Land & buildings	-	-	€ 103,246 Land & buildings 2025: € 103,246 First fiscal year in the series	€ 102,390 Land & buildings 2026: € 102,390 ▼ 1% vs 2025 (€ 103,246) Unchanged	▼ 1%
Retained profit	€ 90,112 Retained profit 2023: € 90,112 First fiscal year in the series	€ 146,771 Retained profit 2024: € 146,771 ▲ 63% vs 2023 (€ 90,112) Favourable step	€ 185,837 Retained profit 2025: € 185,837 ▲ 27% vs 2024 (€ 146,771) Favourable step	€ 246,934 Retained profit 2026: € 246,934 ▲ 33% vs 2025 (€ 185,837) Favourable step	▲ 33%
Bank debt	€ 28,422 Bank debt 2023: € 28,422 First fiscal year in the series	€ 21,899 Bank debt 2024: € 21,899 ▼ 23% vs 2023 (€ 28,422) Favourable step	€ 15,275 Bank debt 2025: € 15,275 ▼ 30% vs 2024 (€ 21,899) Favourable step	€ 8,551 Bank debt 2026: € 8,551 ▼ 44% vs 2025 (€ 15,275) Favourable step	▼ 44%
Balance sheet total	€ 142,308 Balance sheet total 2023: € 142,308 First fiscal year in the series	€ 189,365 Balance sheet total 2024: € 189,365 ▲ 33% vs 2023 (€ 142,308) Unchanged	€ 229,148 Balance sheet total 2025: € 229,148 ▲ 21% vs 2024 (€ 189,365) Unchanged	€ 280,704 Balance sheet total 2026: € 280,704 ▲ 22% vs 2025 (€ 229,148) Unchanged	▲ 22%

By gross margin, EXPLORE D ranks 5th of 40 companies with main activity “Personenvervoer door de lucht” in East Flanders that publish figures (fiscal year 2026).

Key figures of EXPLORE D, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

Ask about EXPLORE D the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

Connect ChatGPT or Claude for free

ChatGPT
Claude

Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.

What happened to EXPLORE D?

What happened at EXPLORE D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 14, 2026 New annual accounts for financial year 2026: profit of € 61,097 (▲ 56% vs 2025). Source: NBB ↗
Jun 6, 2016 New establishment in Maarkedal. KBO
May 27, 2016 Incorporation, published in the Gazette. Source: Staatsblad ↗

In short

From € 67,349 profit in 2023 to € 61,097 profit in 2026.

Paid € 76,379 in corporate taxes since 2023.

Best year ever: 2023, with € 67,349 profit.

Original PDFs at the National Bank ↗

Management

KRISTOF BAUWENS

EXPLORE D

Behind EXPLORE D is KRISTOF BAUWENS.

Directors

According to the 2026 annual accounts

KRISTOF BAUWENS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Terbeke 3

9681 Maarkedal

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

Similar companies in East Flanders

Same main activity (Personenvervoer door de lucht), 51 active companies in East Flanders, largest first.

VP Verhuurbedrijf

€ 1.2 million gross margin · 2025 · Hamme (Vl.)

MADOU

€ 217,675 gross margin · 2025 · Lievegem

ATLANTIC BALLOONING

€ 187,670 gross margin · 2025 · Destelbergen

Ballooning

€ 156,268 gross margin · 2025 · Waasmunster

MUMI

€ 82,803 gross margin · 2023 · Aalst

NEWTON

€ 82,772 gross margin · 2025 · Geraardsbergen

All companies with this activity → Largest companies in Maarkedal →

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

27 May 2016 Source: Deed ↗

Bauwens Kristof(oprichter) 100%

Details

Company number

0654.982.305

VAT number

BE 0654.982.305

Registered office

Terbeke 3, 9681 Maarkedal

Names & denominations

EXPLORE D

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 2016

Peppol

Active · Active since 29 Oct 2025

Activities · NACE

Personenvervoer door de lucht

Personenvervoer over de weg zonder dienstregeling

Overig personenvervoer te land, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

EXPLORE D

Financials

Ask about EXPLORE D the way you would ask their accountant.

What happened to EXPLORE D?

Management

Directors

Establishments

Establishment units

Similar companies in East Flanders

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions