Financials
- Financial year
- 2024
- Total assets
- €112,979
- Loss
- -€273
- Solvency
- 46.4%
Total assets▼ 11.7%
Net result
20202024
EXPAND SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of EXPAND SOLUTIONS is 3.9% (moderate). The 2024 annual accounts show equity of €52,424 and a net result of -€273. Equity is growing by about 59% per year across the filed financial years. Its solvency ranks better than 63% of 2,012 sector peers (NACE 77, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Rental and leasing activities
NACE 77222
1 site
Size
€112,979total assets 2024
- Equity
- €52,424
- Loss
- -€273
Turnover not published (micro format)
Structure
2025 accounts not filed, 86 days past the deadline1 deed in the Belgian Official Gazette
Why 48raises riskFigures for financial year 2024 (filed 20-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 19 days late; 2 of the last 3 lateFounded in 2020Liquidity: current ratio 1.75, cash €1,120, halvedShow the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 77, micro)
Financial strength · tick = 2023
Weak
Solvency
71+5
equity 46.4% of total assets
Liquidity
24-2
short-term debt 53.6% · cash 1.0%
Profitability
37-52
return on assets -0.2%
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.3%
12-2024: 7.9%▲ +0.6 percentage points vs 11-2024highest value
01-2025: 3.3%▼ -4.6 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.2%▼ -0.1 percentage points vs 02-2025
04-2025: 3.3%▲ +0.1 percentage points vs 03-2025
05-2025: 3.3%● unchanged vs 04-2025
06-2025: 3.2%▼ -0.1 percentage points vs 05-2025
07-2025: 3.1%▼ -0.1 percentage points vs 06-2025
08-2025: 3.8%▲ +0.7 percentage points vs 07-2025
09-2025: 2.3%▼ -1.5 percentage points vs 08-2025
10-2025: 2.3%● unchanged vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.3%● unchanged vs 11-2025
01-2026: 2.2%▼ -0.1 percentage points vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 1.9%▼ -0.3 percentage points vs 04-2026
06-2026: 1.8%▼ -0.1 percentage points vs 05-2026
07-2026: 1.8%● unchanged vs 06-2026lowest value
08-2026: 2.4%▲ +0.6 percentage points vs 07-2026
09-2026: 2.7%▲ +0.3 percentage points vs 08-2026
10-2026: 3.9%▲ +1.2 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.75, compared with 1.6 in 2023, above the usual 1.5; short-term debt: 53.6% and cash: 1% of total assets), but 53.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro): better than 62% on solvency, 22% on liquidity, 25% on profitability and 39% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 19 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
19 days late
2023
126 days late
2021
102 days late
2020
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 100 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€273
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2021
- 31-12-2023Highest result from 2020 to 2024
- 10-11-2022Annual accounts filed
- 31-12-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Rental and leasing activitiesNACE 77222
- Founded
- 24-02-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about EXPAND SOLUTIONS
- What is the company number of EXPAND SOLUTIONS?
- 0744.404.130. In Belgium the VAT number is the company number with BE in front: BE 0744.404.130.
- Where is EXPAND SOLUTIONS based?
- The registered office is at Menenstraat 20, 7700 Mouscron.Company details
- What does EXPAND SOLUTIONS do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77222).
- What is the legal form of EXPAND SOLUTIONS?
- Private limited company (BV).
- When was EXPAND SOLUTIONS founded?
- On 24-02-2020.
- Is EXPAND SOLUTIONS still active?
- Yes, EXPAND SOLUTIONS is an active enterprise in the KBO register.
- What is the turnover of EXPAND SOLUTIONS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is EXPAND SOLUTIONS profitable?
- In financial year 2024, EXPAND SOLUTIONS made a loss of €273.
- Where can I find the annual accounts of EXPAND SOLUTIONS?
- EXPAND SOLUTIONS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to EXPAND SOLUTIONS
Comparable companies
- KONINGSBrecht
- SKILL EVENTAth
- AUDIO CONCEPTS & MIXINGDilsen-Stokkem
- CLSAlken
- FBR Project EngineeringBredene
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.