Checked.be
Active
BE 0677.977.837Private limited company
ExplendIT
Magdalena Vermeeschlaan 27 ·2540 Hove, Belgium· 9 yrs active
Sector: Computer consultancy and computer facilities management
(62200)
Conclusion
ExplendIT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €58k. The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €57k |
| Net result | €58k |
| Active | 9 yrs |
| Locations | 1 |
Financial profile
87
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
100
Solvency
90
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2017, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 15-12-2025 with the NBB · fiscal year 2025 · abbreviated schema
€89k
+9.6%
24-25
€58k
-3.3%
24-25
€69k
+1.6%
24-25
€110k
-12.4%
24-25
€57k
+21.1%
24-25
€38k
-0.1%
24-25
0
-
24-25
€16k
+12.9%
24-25
€48k
-28.1%
24-25
€53k
-32.7%
24-25
€53k
-32.7%
24-25
1.71
+15.7%
24-25
1.71
+15.7%
24-25
52.1%
+38.3%
24-25
0.92
-44.4%
24-25
101.4%
-20.1%
24-25
52.8%
+10.5%
24-25
19.18
-
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €89k |
| Net profit | €58k |
| Cash flow | €69k |
| Staff costs | - |
| Income taxes | €16k |
| Dividends | €48k |
| Total assets | €110k |
| Equity | €57k |
| Debt | €53k |
| of which ≤ 1y | €53k |
| of which > 1y | - |
| Working capital | €38k |
| Employees (FTE) | 0.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.71 |
| Quick ratio | 1.71 |
| Working capital ratio | 34.2% |
| Solvency | 52.1% |
| Debt / equity | 0.92 |
| Long-term debt ratio | - |
| Interest coverage | 19.18 |
| Gross margin | - |
| Net margin | - |
| ROA | 52.8% |
| ROE | 101.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €110k |
| Fixed assets | 21/28 | €20k |
| Tangible fixed assets | 22/27 | €20k |
| Current assets | 29/58 | €90k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €66k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €110k |
| Equity | 10/15 | €57k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €39k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €53k |
| Amounts payable within one year | 42/48 | €53k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €89k |
| Operating result | 9901 | €78k |
| Financial income | 75 | €783 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €74k |
| Income taxes | 67/77 | €16k |
| Net result for the period | 9904 | €58k |
| Result to be appropriated | 9905 | €58k |
Legal Structure
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 06-07-2017 |
| Status | Active |
| Postal code | 2540 |
Ownership & control
ExplendITBE 0677.977.837
controls
Where this company holds controlthis company sits on their board1
1 location
Establishment units
ExplendIT
since 20172.266.373.326
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0244/00A002 | Flanders | 1,445 m² | 1 · 222 m² | 8.7 m · 2 fl. |
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.
Updates
2026
26-03-2026 State Gazette act Publication
Board meeting · Officer resignation · Permanent representative
2025
15-12-2025 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
03-12-2024 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
08-12-2023 NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
18-08-2023 State Gazette act Registered-office change
Jan Coppens
2022
06-12-2022 NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12-2021 NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
04-02-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
18-08-2023
Registered-office move
All acts · 2
updated 5 months ago
2026
26-03-2026 Board meeting · Officer resignation · Permanent representative
- Publication: 26/03/2026 · XPLENDIT
- Filing: 18/03/2026 · XPLENDIT
- Board meeting: 31/01/2026 · XPLENDIT
- Officer resignation: role: Persoon belast met dagelijks bestuur, end_date: 2026-01-31 · ExplendIT BV
- Permanent representative · Maarten Follaets
- Permanent representative · Justin Chalfant
Summary:
Board meeting · Officer resignation · Permanent representative
Technical details
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"facts": [
{
"date": "2026-03-26",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 26/03/2026",
"value": "26/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-18",
"type": "filing",
"quote": "18 MAART 2026",
"value": "18/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-01-31",
"type": "board_meeting",
"quote": "Uittreksel uit de notulen van de vergadering van het bestuursorgaan dd 31 januari 2026",
"value": "31/01/2026",
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "Het bestuursorgaan neemt kennis en aanvaardt het ontslag van ExplendIT BV ... als \u0027Persoon belast met dagelijks bestuur\u0027 van de vennootschap Xplendit, dit met ingang vanaf heden 31 januari 2026.",
"value": {
"role": "Persoon belast met dagelijks bestuur",
"end_date": "2026-01-31"
},
"object": "e1",
"subject": "e2",
"_value_raw": {
"role": "Persoon belast met dagelijks bestuur",
"end_date": "31/01/2026"
}
},
{
"type": "permanent_representative",
"quote": "vast vertegenwoordigd door haar bestuurder Maarten Follaets",
"value": null,
"object": "e2",
"subject": "e3"
},
{
"type": "permanent_representative",
"quote": "met als vaste vertegenwoordiger, Justin Chalfant",
"value": null,
"object": "e4",
"subject": "e5"
}
],
"act_meta": {
"outcome": "clean",
"model_id": 50,
"verified": true,
"extractor": "verified-v1",
"ocr_chars": 1440,
"truncated": false
},
"entities": [
{
"id": "e1",
"kbo": "0745.706.009",
"kind": "company",
"name": "XPLENDIT",
"attrs": {}
},
{
"id": "e2",
"kbo": "0677.977.837",
"kind": "company",
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"attrs": {}
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{
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"kbo": null,
"kind": "person",
"name": "Maarten Follaets",
"attrs": {}
},
{
"id": "e4",
"kbo": null,
"kind": "company",
"name": "Patch My PC Belgium BV",
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},
{
"id": "e5",
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"kind": "person",
"name": "Justin Chalfant",
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}
]
}2023
18-08-2023 Registered office moved from Mortsel to Hove
- 2640 Mortsel, Oudebaan 73 → 2540 Hove, Magdalena Vermeeschlaan 27
Notary:
Jan Coppens · Vosselaar
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "combined",
"new_address": {
"raw": "2540 Hove, Magdalena Vermeeschlaan 27",
"city": "Hove",
"region": "vlaams_gewest",
"street": "Magdalena Vermeeschlaan",
"country": "BE",
"postcode": "2540",
"box_number": null,
"street_number": "27",
"locality_suffix": null
},
"old_address": {
"raw": "2640 Mortsel, Oudebaan 73",
"city": "Mortsel",
"region": "vlaams_gewest",
"street": "Oudebaan",
"country": "BE",
"postcode": "2640",
"box_number": "BE0677.977.837",
"street_number": "73",
"locality_suffix": null
},
"effective_date": "2020-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Jan Coppens",
"firm_city": null,
"firm_name": null,
"office_city": "Vosselaar",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-08-18",
"filing_date": "2023-08-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-08-01",
"unanimous": null
},
"subject_company": {
"kbo": "0677.977.837",
"name_full": "ExplendIT",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0459.336.471",
"org_name": "O.R.F. Boekhouding \u0026 Fiscaliteit",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van de akte",
"lijst publicatiedata",
"geco\u00F6rdineerde statuten"
]
}Credit advice
Company registry (CBE)
Activities
IT consultancy62020Computer consultancy and computer facilities management62200Other activities auxiliary to financial services, excluding insurance and pension funding66199
Names & trade names
| Legal nameNL | ExplendIT |