EXPANT
ActiveEXPANT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €-7k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-29
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 85.29 against 29.24 in 2024; short-term debt: 1.2% and cash: 69.3% of total assets), and 1.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
69 d early
2023
75 d early
2022
69 d early
2021
54 d early
2020
71 d early
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€78k▼ 24.4%
2024 · €103k
2018: €297k
2019: €320k
2020: €228k
2021: €243k
2022: €228k
2023: €165k
2024: €103k
2018 → 2025
EBIT margin
-8.3%▼ 11.9pp
2024 · 3.5%
2018: 15.0%
2019: 16.7%
2020: 19.9%
2021: 16.0%
2022: 15.2%
2023: 7.8%
2024: 3.5%
2018 → 2025
Net result
€-7k
2024 · €3k
2018: €29k
2019: €40k
2020: €32k
2021: €28k
2022: €26k
2023: €10k
2024: €3k
2018 → 2025
Working capital
€77k▼ 8.0%
2024 · €84k
2018: €22k
2019: €52k
2020: €58k
2021: €71k
2022: €89k
2023: €84k
2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€243k-€228k▼ 6.1%€165k▼ 27.7%€103k▼ 37.6%€78k▼ 24.4%
Equity€74k-€90k▲ 21.3%€81k▼ 9.5%€84k▲ 3.1%€77k▼ 8.0%
Operating result€39k-€35k▼ 10.8%€13k▼ 63.1%€4k▼ 71.6%€-6k
Net result€28k-€26k▼ 9.4%€10k▼ 60.9%€3k▼ 75.1%€-7k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €78k
Equity
€77k▼ 8.0%
Debt
€915▼ 69.2%
The debt ratio falls from 3.4% to 1.2%. Equity and debt are lower.
Key figures and ratios
Solvency
98.8%▲
2024 · 96.6%
Current ratio
85.29▲
2024 · 29.24
Quick ratio
59.62▲
2024 · 19.92
Debt / equity
0.01▼
2024 · 0.04
ROE
-8.6%▼
2024 · 3.0%
ROA
-8.5%▼
2024 · 2.9%
Debt
€915▼
2024 · €3k
Debt ≤ 1 year
€915▼
2024 · €3k
Staff costs
€21▼
2024 · €266
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€87k€78k▼
Current assets29/58€87k€78k▼
Stocks and contracts in progress3€28k€23k▼
Stocks30/36€28k€23k▼
Amounts receivable within one year40/41€27k€493▼
Trade receivables40€27k-
Other amounts receivable41€644€493▼
Cash at bank and in hand54/58€32k€54k▲
Equity and liabilities
Total equity and liabilities10/49€87k€78k▼
Equity10/15€84k€77k▼
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€82k€75k▼
Amounts payable17/49€3k€915▼
Amounts payable within one year42/48€3k€915▼
Trade debts44€3k€299▼
Suppliers440/4€3k€299▼
Advances received on contracts in progress46-€616
Taxes, remuneration and social security45€88-
Taxes450/3€88-
Income statement
Code20242025
Turnover70€103k€78k▼
Goods, raw materials, services and sundry goods60/61€98k€83k▼
Remuneration, social security and pensions62€266€21▼
Other operating charges640/8€890€911▲
Gross operating margin9900€5k€-6k▼
Operating profit (loss)9901€4k€-6k▼
Financial charges65/66B€208€173▼
Recurring financial charges65€208€173▼
Profit (loss) for the period before taxes9903€3k€-7k▼
Income taxes67/77€919-
Profit (loss) for the period9904€3k€-7k▼
Profit (loss) for the period to be appropriated9905€3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€75k▼
Profit (loss) brought forward from the previous period14P€79k€82k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-7k ▼366%
Net result drops to €-7k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 85.29
Current ratio from 29.24 to 85.29; short-term debt falls from €3k to €915.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 20current ratio 185.08
Current ratio from 9.10 to 185.08; short-term debt falls from €11k to €457.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 9.10
Current ratio from 3.36 to 9.10; short-term debt falls from €30k to €11k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €40k ▲38.4%
Operating result €54k, net result €40k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bonheiden · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Keerbergsebaan 2A2820 BonheidenGround area
1,709 m²
Building footprint
1,044 m²
Volume, LiDAR
6,866 m³
Parcel 12031C0276/00Y000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Keerbergsebaan 2 A, 2820 Bonheiden
since 19992.090.543.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031C0276/00Y000 | Flanders | 1,709 m² | 1 · 1,044 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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MASTERING COMPANY
BE 0607.835.652
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DELGELEC
BE 0475.756.789
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ATRICO
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Of 949 companies in sector 47792 we hold annual accounts for 184. 129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-1999
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
52502
47791Retail sale of antiques
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.