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Complete company report
Generated 08-08-2026
Active BE 0859.954.389Private limited company

EXPENDO

Rue des Fouarges 22 ·4500 Huy, Belgium· 23 yrs active
Sector: Advertising & market research (73300)
Conclusion Checked

The computed 12-month bankruptcy probability of EXPENDO is 0.5% (very low). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.
Key figures
Active 23 yrs
Board 1
Locations 1
Publications 3
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Financial overview10 NBB filings
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 25-06-2025 2025-00179983
31-12-2023 micro 30-08-2024 2024-00456103
31-12-2022 micro 31-08-2023 2023-00395190
31-12-2021 micro 28-11-2022 2022-20526061
31-12-2020 micro 30-09-2021 2021-69600171
31-12-2019 micro 30-11-2020 2020-74100375
31-12-2018 micro 26-08-2019 2019-52300091
31-12-2017 micro 19-09-2018 2018-63500466
31-12-2016 micro 12-10-2017 2017-67100312
31-12-2015 volledig 18-08-2016 2016-44900255
Directors & mandates 2 directors
Current directors & mandates
  • IZIKOLegal entity
    Director· perm. rep.: Alain FELGENHAUER
    State Gazette act 25142690 (07-11-2025)
    Current
    07-11-2025 → present
Former directors (1)
  • Alain FELGENHAUER
    Director
    State Gazette act 23397253 (27-09-2023)
    Former
    27-09-2023 → 23-06-2025
    3 events
    • 23-06-2025 Resigned· Director
    • 27-09-2023 Mandate renewed· Director
    • 27-09-2023 Resigned· Manager
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Advertising & market research(73300)
Legal form Private limited company(610)
Incorporation05-08-2003
StatusActive
Postal code4500
Connections & network 1 connected companies
Group structure
IZIKO
Parent · 1 subsidiary · 1 location
Control→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
EXPENDO SPRL
Rue des Fouarges 22, 4500 HuyPublic relationsbureaus
since 20032.132.564.992
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61031B0245/00B000 Wallonia 121 m² 1 · 76 m² 15.4 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-11-2025
State Gazette act Director changes
v3.2
25-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
27-09-2023
State Gazette act Director changes
v3.2
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
28-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
30-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
07-01-2021
State Gazette act Registered-office change
v3.2
2020
30-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
19-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
12-10-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
18-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 3 acts
Address history · 1
07-01-2021
v3.2
All acts · 3 updated 9 months ago
2025
07-11-2025 3 directors appointed, 1 resigning Director changes
  • Alain FELGENHAUER, Bestuurder
  • Didier ZOVI, Bestuurder
  • Hervé CLAUDE, Bestuurder
  • Alain FELGENHAUER, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alain FELGENHAUER",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-06-23",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire acte la d\u00E9mission de Monsieur Alain FELGENHAUER du poste d\u0027administrateur avec effet \u00E0 la date du 23/06/2025. Monsieur Alain FELGENHAUER re\u00E7oit d\u00E9charge pleine et enti\u00E8re pour l\u0027exercice de son mandat jusqu\u0027au jour de la sortie du poste d\u0027Administrateur.",
      "discharge_granted": true
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alain FELGENHAUER",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "1011657936",
        "name": "SRL IZIKO",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "En remplacement, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de nommer au poste d\u0027administrateur, la soci\u00E9t\u00E9 SRL IZIKO (NN 1011.657.936) dont le si\u00E8ge social est situ\u00E9 \u00E0 4000 Rocourt, Rue de Lantin 155, ayant comme repr\u00E9sentants permanents, Monsieur Didier ZOVI, Monsieur Herv\u00E9 CLAUDE, Monsieur Alain FELGENHAUER."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Didier ZOVI",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "1011657936",
        "name": "SRL IZIKO",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "En remplacement, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de nommer au poste d\u0027administrateur, la soci\u00E9t\u00E9 SRL IZIKO (NN 1011.657.936) dont le si\u00E8ge social est situ\u00E9 \u00E0 4000 Rocourt, Rue de Lantin 155, ayant comme repr\u00E9sentants permanents, Monsieur Didier ZOVI, Monsieur Herv\u00E9 CLAUDE, Monsieur Alain FELGENHAUER."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Herv\u00E9 CLAUDE",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "1011657936",
        "name": "SRL IZIKO",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "En remplacement, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de nommer au poste d\u0027administrateur, la soci\u00E9t\u00E9 SRL IZIKO (NN 1011.657.936) dont le si\u00E8ge social est situ\u00E9 \u00E0 4000 Rocourt, Rue de Lantin 155, ayant comme repr\u00E9sentants permanents, Monsieur Didier ZOVI, Monsieur Herv\u00E9 CLAUDE, Monsieur Alain FELGENHAUER."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0859.954.389",
    "name_full": "EXPENDO",
    "legal_form": "SRL"
  }
}
2023
27-09-2023 1 resigning, 1 reappointed Director changes
  • FELGENHAUER Alain, Zaakvoerder
  • FELGENHAUER Alain, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "FELGENHAUER Alain",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019actionnaire unique confirme qu\u2019il a \u00E9t\u00E9 mis fin l\u00E9galement \u00E0 la fonction du g\u00E9rant. Il confirme qu\u2019il exerce actuellement les fonctions d\u2019administrateur et il proc\u00E8de, pour autant que de besoin, au renouvellement de sa nomination comme administrateur non statutaire pour une dur\u00E9e ind\u00E9termin\u00E9e. Mon",
      "discharge_granted": false
    },
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "FELGENHAUER Alain",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019actionnaire unique confirme qu\u2019il a \u00E9t\u00E9 mis fin l\u00E9galement \u00E0 la fonction du g\u00E9rant."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0859.954.389",
    "name_full": "EXPENDO",
    "legal_form": "SRL"
  }
}
2021
07-01-2021 Registered office moved within Huy Registered-office change
  • Rue René Dubois 13, 4500 Huy → Rue des Forges 22, 4500 Huy
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Huy",
        "region": null,
        "street": "Rue des Forges",
        "country": "BE",
        "postcode": "4500",
        "box_number": null,
        "street_number": "22"
      },
      "old_address": {
        "city": "Huy",
        "region": null,
        "street": "Rue Ren\u00E9 Dubois",
        "country": "BE",
        "postcode": "4500",
        "box_number": null,
        "street_number": "13"
      },
      "effective_date": "2020-12-01",
      "evidence_quote": "Changement du si\u00E8ge social ... il a \u00E9t\u00E9 d\u00E9cid\u00E9 de transf\u00E9rer le si\u00E8ge social au 22 rue des Forges \u00E0 4500 Huy \u00E0 partir du 1er d\u00E9cembre 2020."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0859.954.389",
    "name_full": "EXPENDO",
    "legal_form": "SPRL"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Public relationsbureaus74141
Primary activity highlighted.
Names & trade names
Legal nameFR EXPENDO
Registered office
Rue des Fouarges 22
4500 Huy, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative