EXPO SIAST
ActiveEXPO SIAST has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €565k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-5
Solvency72▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 0.79 in 2024; short-term debt: 10.9% and cash: 12.5% of total assets), and 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.2%
Return on assets
15.6%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-09-2025, 123 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
123 d early
2024
112 d early
2023
110 d early
2022
103 d early
2021
101 d early
2020
125 d early
2019
123 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.70M▲ 39.7%
2024 · €1.22M
2019: €688k
2020: €834k
2021: €916k
2022: €1.00M
2023: €913k
2024: €1.22M
2019 → 2025
Total assets
€3.61M▲ 7.1%
2024 · €3.37M
2019: €2.14M
2020: €2.27M
2021: €2.31M
2022: €2.30M
2023: €2.11M
2024: €3.37M
2019 → 2025
Net result
€565k▲ 32.4%
2024 · €427k
2019: €168k
2020: €147k
2021: €148k
2022: €152k
2023: €177k
2024: €427k
2019 → 2025
Working capital
€117k
2024 · €-78k
2019: €-102k
2020: €144k
2021: €216k
2022: €249k
2023: €95k
2024: €-78k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€916k-€1.00M▲ 9.3%€913k▼ 8.8%€1.22M▲ 33.6%€1.70M▲ 39.7%
Operating result€240k-€258k▲ 7.2%€280k▲ 8.8%€304k▲ 8.6%€320k▲ 5.3%
Net result€148k-€152k▲ 2.7%€177k▲ 16.5%€427k▲ 141%€565k▲ 32.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.61M
Fixed assets
€3.10M▲ 0.8%
Current assets
€510k▲ 73.5%
Equity and liabilities €3.61M
Equity
€1.70M▲ 39.7%
Debt
€1.91M▼ 11.4%
The debt ratio falls from 63.8% to 52.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€370k▲
2024 · €361k
Cash flow
€614k▲
2024 · €483k
Solvency
47.2%▲
2024 · 36.2%
Current ratio
1.30▲
2024 · 0.79
Quick ratio
1.30▲
2024 · 0.79
Debt / equity
1.12▼
2024 · 1.76
ROE
33.1%▼
2024 · 35.0%
ROA
15.6%▲
2024 · 12.6%
Interest coverage
4.14▼
2024 · 5.26
Debt
€1.91M▼
2024 · €2.15M
Debt ≤ 1 year
€392k▲
2024 · €372k
Debt > 1 year
€1.49M▼
2024 · €1.73M
Income taxes
€116k▲
2024 · €103k
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€3.37M€3.61M▲
Fixed assets21/28€3.08M€3.10M▲
Tangible fixed assets22/27€1.29M€1.32M▲
Land and buildings22€1.29M€1.24M▼
Furniture and vehicles24€8k€78k▲
Financial fixed assets28€1.78M€1.78M=
Current assets29/58€294k€510k▲
Amounts receivable within one year40/41-€55k
Trade receivables40-€55k
Cash at bank and in hand54/58€289k€450k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.37M€3.61M▲
Equity10/15€1.22M€1.70M▲
Contributions10/11€50k€50k=
Reserves13€1.15M€1.64M▲
Tax-exempt reserves132€28k€28k=
Distributable reserves133€1.12M€1.61M▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€2.15M€1.91M▼
Amounts payable after more than one year17€1.73M€1.49M▼
Financial debts170/4€1.73M€1.49M▼
Amounts payable within one year42/48€372k€392k▲
Current portion of amounts payable after more than one year42€301k€317k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€68k€68k▲
Taxes450/3€61k€51k▼
Remuneration and social security454/9€7k€17k▲
Accrued charges and deferred income492/3€49k€30k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€49k▼
Other operating charges640/8€9k€9k▲
Gross operating margin9900€370k€379k▲
Operating profit (loss)9901€304k€320k▲
Financial income75/76B€294k€450k▲
Recurring financial income75€294k€450k▲
Financial charges65/66B€69k€89k▲
Recurring financial charges65€69k€89k▲
Profit (loss) for the period before taxes9903€530k€681k▲
Income taxes67/77€103k€116k▲
Profit (loss) for the period9904€427k€565k▲
Profit (loss) for the period to be appropriated9905€427k€565k▲
Appropriation of the result
Profit (loss) to be appropriated9906€445k€583k▲
Profit (loss) brought forward from the previous period14P€18k€18k▲
Transfer from equity791/2€120k€80k▼
Transfer to equity691/2€427k€565k▲
To other reserves6921€427k€565k▲
Profit to be distributed694/7€120k€80k▼
Return on contributions (dividend)694€120k€80k▼
The notes to these accounts (17 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
25-03
State Gazette act
Incorporation · Founder
Founding capital · First fiscal year
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €565k ▲32.4%
Operating result €320k, net result €565k, both a record.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.22M ▲33.6%
6 profitable years in a row build equity to €1.22M.
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.00M ▲9.3%
4 profitable years in a row build equity to €1.00M.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €147k ▼12.8%
Net result drops to €147k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity quadruplescurrent ratio 2.02
Current ratio from 0.53 to 2.02; short-term debt falls from €217k to €141k.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Malle · 1 establishment unit since 2009
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.
Wijngaardstraat 12390 MalleGround area
1.2 ha
Building footprint
5,026 m²
Volume, LiDAR
28,943 m³
Parcel 11049C0185/00B004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EXPO SIAST
since 20092.176.312.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0185/00B004 | Flanders | 1.2 ha | 1 · 5,026 m² | 10.1 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.
Structure & network
Ownership & control
1 partyEXPO SIASTBE 0809.438.076
controls
Where this company holds controlthis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500GA8TSXJRPM3W78
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 21,986 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2009
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74109Other professional, scientific and technical activities
74140Other specialised design activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.