Expansion Partners
ActiveSummary
Expansion Partners has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €825,511 and a net result of €808. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 34% of 3,863 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-08-1999 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment units
- 2.092.014.440 5100 Namur, since 27-08-1999
- 2.316.054.251 1150 Sint-Pieters-Woluwe, since 04-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- Bertrand Van Den DoorenChair
- Arnaud Daniel Pierre VAN CUTSEMManaging director
- Holdings
- Shares in 1 company AB ADVERTISING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €1.8m
- ▲ 1.3%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €808
- ▼ 87.4%
- Equity
- €825,511
- ▲ 0.1%
- Total assets
- €2.4m
- ▼ 7.4%
- Employees on 31-12-2025
- 33
- =
- 2025 accounts filed 12 days after the deadline
Score breakdownraises riskSize: 32 FTE, total assets €2.4mLiquidity: current ratio 1.39, cash €88,970, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 13-08-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, small). It does better than 34% of them on solvency, 10% on liquidity, 55% on profitability and 32% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Amendment of the articles
- · Gazette deed Appointments: Bertrand VAN DEN DOOREN (chair of the board) and Arnaud VAN CUTSEM (managing director)
- · Gazette deed Reappointments: Bertrand Van Den Dooren (director) and Arnaud Van Cutsem (director)
Comparable companies
These companies have the same main activity as Expansion Partners: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.9m and €3.2m, founded between 1990 and 2004.
| Company | Total assets | Gross margin |
|---|---|---|
| Expansion Partners Namur | €2.4m | €1.8m |
| GEOSONDA ENVIRONMENT Gent | €1.9m | €1.9m |
| GROUPE ONE Sint-Gillis (bij-Brussel) | €2.3m | €1.5m |
| F-J-M Charleroi | €2.6m | €1.9m |
| EXCALIBUR Ans | €3.2m | €1.5m |
| The Crew Elsene | €2.5m | €1.3m |
| RAMBOLL MANAGEMENT CONSULTING Brussel | €1.9m | €2.4m |
Key facts about Expansion Partners
- What is the company number of Expansion Partners?
- The company number of Expansion Partners is 0466.684.717. The VAT number is the same number with BE in front: BE 0466.684.717.
- Where is Expansion Partners based?
- The registered office is at Rue de Jausse(WD) 109, 5100 Namur.Company details
- What does Expansion Partners do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Expansion Partners?
- The legal form of Expansion Partners is Public limited company (NV).
- When was Expansion Partners founded?
- Expansion Partners was founded on 13-08-1999.
- Is Expansion Partners still active?
- Yes, Expansion Partners is an active enterprise in the KBO register.
- How many employees does Expansion Partners have?
- Expansion Partners had an average of 32 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Expansion Partners?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.8m and 36 comparable companies (NACE 70200). It probably lies between €2.3m and €4.2m. In financial year 2019 turnover was €5.2m.
- Is Expansion Partners profitable?
- In financial year 2025, Expansion Partners made a profit of €808.
- Where can I find the annual accounts of Expansion Partners?
- Expansion Partners filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Expansion Partners due?
- Expansion Partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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