Financials
- Financial year
- 2025
- Total assets
- €2.4m
- Loss
- -€1.3m
- Solvency
- 33.8%
Total assets▼ 28.4%
Net result
20182025
Expleo Belgium
ActiveSummary
The annual accounts of Expleo Belgium for financial year 2025 show a net loss of 52% of total assets. The 2025 annual accounts show equity of €812,147 and a net result of -€1.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 883 sector peers (NACE 71, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
2 sites
Size
€2.4mtotal assets 2025
- Staff
- 36.6 FTE
- Equity
- €812,147
- Loss
- -€1.3m
Structure
- Parent
- EXPLEO SAS · 99%
- Damien LasouDirector
Auditor: DELOITTЕ Réviseurs d'Entreprises2025 accounts 70 days early7 of 19 deeds summarised
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €1.3m, the second in a row (financial year 2025)Size: 36.6 FTE, total assets €2.4mlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.83, cash €420,213Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 71, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
59+59
equity 33.8% of total assets
Liquidity
57+24
short-term debt 33.7% · cash 17.5%
Profitability
0=
return on assets -52.3%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.6%▲ +0.3 percentage points vs 02-2025
04-2025: 1.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.8%▲ +0.1 percentage points vs 04-2025
06-2025: 2.5%▲ +0.7 percentage points vs 05-2025
07-2025: 2.5%● unchanged vs 06-2025
08-2025: 2.5%● unchanged vs 07-2025
09-2025: 2.6%▲ +0.1 percentage points vs 08-2025
10-2025: 2.6%● unchanged vs 09-2025
11-2025: 2.6%● unchanged vs 10-2025
12-2025: 2.7%▲ +0.1 percentage points vs 11-2025
01-2026: 2.7%● unchanged vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 3.0%▲ +0.3 percentage points vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 3.1%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.5%▼ -2.6 percentage points vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.83, compared with 2.52 in 2024, above the usual 1.5; short-term debt: 33.7% and cash: 17.5% of total assets), but 66.2% 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 71, small): better than 40% on solvency, 66% on liquidity, 3% on profitability and 99% 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).
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Signals
Five signals.
lowers riskraises riskneutral
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 22-05-2026, 70 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
70 days early
2024
84 days early
2023
107 days early
2022
96 days early
2021
88 days early
2020
30 days early
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignations & appointmentsPower of attorney
- Capital & shares · Amendment of…Resignation: Ralph GILLESSEN (sole director)…
- RestructuringMerger
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€1.3m View
- Caution: Among the weakest 5% on net resultsector median €36,857 · 885 companies -€1.3m View
- Caution: Staff fell in 2025from 76.2 FTE to 36.6 FTE ▼ 52.0% View
- Caution: Board changedlatest change 31-07-2026 · 1 in office 1 joined · 1 left View
- Merger with EXPLEO LIFE SCIENCES BELGIUMmerger on 01-08-2026 2026 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
- Known shareholderslargest: EXPLEO SAS 99% 99% View
By topic
Board & ownership
- Board
- 1 member
- Largest shareholder
- EXPLEO SAS · 99%
- Known shareholders
- 99%
- Auditor
- DELOITTЕ Réviseurs d'Entreprises
- Damien LasouDirector
Network & group
- Mergers and asset contributions
- 1
Timeline
- Events
- 19
- Since
- 2019
- Next accounts
- by 31-07-2027
- 22-05-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 31-12-2025Equity above €500,000
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Founded
- 01-08-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- “La société a pour objet, en Belgique ou à l'étranger, pour compte propre, pour compte…” (deed in French)
Key facts about Expleo Belgium
- What is the company number of Expleo Belgium?
- 0679.452.831. In Belgium the VAT number is the company number with BE in front: BE 0679.452.831.
- Where is Expleo Belgium based?
- The registered office is at Louizalaan 240, 1050 Elsene.Company details
- What does Expleo Belgium do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Expleo Belgium?
- Private limited company (BV).
- When was Expleo Belgium founded?
- On 01-08-2017.
- Is Expleo Belgium still active?
- Yes, Expleo Belgium is an active enterprise in the KBO register.
- How many employees does Expleo Belgium have?
- On average 36.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Expleo Belgium?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Expleo Belgium profitable?
- In financial year 2025, Expleo Belgium made a loss of €1.3m.
- Where can I find the annual accounts of Expleo Belgium?
- Expleo Belgium filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Expleo Belgium due?
- By 31-07-2027, for financial year 2026.Timeline
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