EXPOLAEN
ActiveEXPOLAEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-2k. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+12
Solvency76=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.11 in 2024; short-term debt: 49.4% and cash: 3% of total assets), and 49.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.6%
Return on assets
-3.8%
Age of the figures
9 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-2k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
2022
on the day
2021
2 d early
2020
1 d early
2019
2 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26k▼ 6.9%
2024 · €28k
2018: €68k
2019: €76k
2020: €100k
2021: €40k
2022: €33k
2023: €35k
2024: €28k
2018 → 2025
Total assets
€51k▼ 5.5%
2024 · €54k
2018: €102k
2019: €98k
2020: €141k
2021: €55k
2022: €33k
2023: €35k
2024: €54k
2018 → 2025
Net result
€-2k▲ 71.3%
2024 · €-7k
2018: €2k
2019: €8k
2020: €24k
2021: €-60k
2022: €-7k
2023: €2k
2024: €-7k
2018 → 2025
Working capital
€-24k▼ 1.4%
2024 · €-23k
2018: €56k
2019: €72k
2020: €102k
2021: €33k
2022: €33k
2023: €35k
2024: €-23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€33k▼ 18.1%€35k▲ 5.9%€28k▼ 19.5%€26k▼ 6.9%
Operating result€-60k-€-8k▲ 86.7%€281€-7k€-2k▲ 76.3%
Net result€-60k-€-7k▲ 88.0%€2k€-7k€-2k▲ 71.3%
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 stays negative: a loss of €2k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€50k▼ 3.1%
Current assets
€2k▼ 45.4%
Equity and liabilities €51k
Equity
€26k▼ 6.9%
Debt
€25k▼ 3.9%
The debt ratio rises from 48.6% to 49.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24▲
2024 · €-5k
Cash flow
€-337▲
2024 · €-5k
Solvency
50.6%▼
2024 · 51.4%
Current ratio
0.06▼
2024 · 0.11
Quick ratio
0.06▼
2024 · 0.11
Debt / equity
0.97▲
2024 · 0.94
ROE
-7.5%▲
2024 · -24.2%
ROA
-3.8%▲
2024 · -12.4%
Interest coverage
0.07▲
2024 · -50.56
Debt
€25k▼
2024 · €26k
Debt ≤ 1 year
€25k▼
2024 · €26k
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€54k€51k▼
Fixed assets21/28€51k€50k▼
Tangible fixed assets22/27€51k€50k▼
Land and buildings22€51k€50k▼
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€174€78▼
Other amounts receivable41€174€78▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€54k€51k▼
Equity10/15€28k€26k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€60k€60k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€-39k€-40k▼
Amounts payable17/49€26k€25k▼
Amounts payable within one year42/48€26k€25k▼
Trade debts44€2k€85▼
Suppliers440/4€2k€85▼
Other amounts payable47/48€25k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€118€580▲
Gross operating margin9900€-5k€604▲
Operating profit (loss)9901€-7k€-2k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€102€362▲
Recurring financial charges65€102€362▲
Profit (loss) for the period before taxes9903€-7k€-2k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-7k€-2k▲
Profit (loss) for the period to be appropriated9905€-7k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-40k▼
Profit (loss) brought forward from the previous period14P€-32k€-39k▼
The notes to these accounts (3 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 92current ratio 336.56
Current ratio from 3.65 to 336.56; short-term debt falls from €12k to €98.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-60k ▼347%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €24k ▲191%
Operating result €24k, net result €24k, both a record.
31-12
Financial
Equity above €100kEq €100k ▲32.1%
3 profitable years in a row build equity to €100k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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
3 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, Turnhout · 1 establishment unit since 2012
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.
Steenbakkerslaan 112300 TurnhoutGround area
1,058 m²
Building footprint
296 m²
Volume, LiDAR
1,406 m³
Parcel 13454P0422/00H000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Expolaen
since 20122.214.289.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13454P0422/00H000 | Flanders | 1,058 m² | 1 · 296 m² | 7.6 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
Cross ID
BE 0684.810.102
Beveren-Kruibeke-Zwijndrecht · Eq €26k
OTOSAN
BE 0801.113.397
Brussel · Eq €26k
LIFE IS BEAUTIFUL
BE 0649.984.033
Brussel · Eq €26k
AXEOR
BE 0467.152.592
Brussel · Eq €26k
The Eventwatchers
BE 0894.533.208
Kapellen · Eq €26k
Of 4,572 companies in sector 82300 we hold annual accounts for 1,671. 1,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-11-2012
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.