Expound
ActiveExpound has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €23k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 60% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+17
Solvency91▲+8
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.99 in 2024; short-term debt: 31.4% and cash: 31.7% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €94k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
10 d early
2023
40 d early
2022
32 d early
2021
13 d early
2020
1 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€94k▲ 32.9%
2024 · €71k
2019: €88k
2020: €89k
2021: €94k
2022: €96k
2023: €67k
2024: €71k
2019 → 2025
Total assets
€143k▲ 16.5%
2024 · €123k
2019: €179k
2020: €176k
2021: €169k
2022: €162k
2023: €124k
2024: €123k
2019 → 2025
Net result
€23k▲ 574%
2024 · €3k
2019: €-127
2020: €500
2021: €5k
2022: €3k
2023: €-29k
2024: €3k
2019 → 2025
Working capital
€12k
2024 · €-245
2019: €29k
2020: €31k
2021: €36k
2022: €37k
2023: €3k
2024: €-245
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€96k▲ 2.8%€67k▼ 29.9%€71k▲ 5.1%€94k▲ 32.9%
Operating result€10k-€6k▼ 37.8%€-29k€4k€30k▲ 576%
Net result€5k-€3k▼ 44.9%€-29k€3k€23k▲ 574%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 576% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€86k=
Current assets
€57k▲ 54.7%
Equity and liabilities €143k
Equity
€94k▲ 32.9%
Debt
€49k▼ 5.9%
The debt ratio falls from 42.3% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €10k
Cash flow
€23k▲
2024 · €9k
Solvency
65.8%▲
2024 · 57.7%
Current ratio
1.28▲
2024 · 0.99
Quick ratio
1.28▲
2024 · 0.99
Debt / equity
0.52▼
2024 · 0.73
ROE
24.7%▲
2024 · 4.9%
ROA
16.3%▲
2024 · 2.8%
Interest coverage
10.98▼
2024 · 11.32
Debt
€49k▼
2024 · €52k
Debt ≤ 1 year
€45k▲
2024 · €37k
Debt > 1 year
€2k▼
2024 · €15k
Income taxes
€4k▲
2024 · €112
Staff costs
€60▼
2024 · €384
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€123k€143k▲
Formation expenses20€0-
Fixed assets21/28€86k€86k=
Tangible fixed assets22/27€86k€86k=
Land and buildings22€86k€86k=
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Current assets29/58€37k€57k▲
Amounts receivable within one year40/41€0€12k▲
Trade receivables40-€12k
Other amounts receivable41€0-
Cash at bank and in hand54/58€37k€45k▲
Deferred charges and accrued income490/1-€165
Equity and liabilities
Total equity and liabilities10/49€123k€143k▲
Equity10/15€71k€94k▲
Contributions10/11€20k€20k=
Reserves13€41k€74k▲
Distributable reserves133€41k€74k▲
Profit (loss) carried forward14€10k€0▼
Amounts payable17/49€52k€49k▼
Amounts payable after more than one year17€15k€2k▼
Financial debts170/4€15k€2k▼
Amounts payable within one year42/48€37k€45k▲
Current portion of amounts payable after more than one year42€13k€13k▼
Trade debts44€2k€248▼
Suppliers440/4€2k€248▼
Taxes, remuneration and social security45€992€7k▲
Taxes450/3€992€7k▲
Other amounts payable47/48€21k€25k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€384€60▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€0▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€4
Gross operating margin9900€13k€34k▲
Operating profit (loss)9901€4k€30k▲
Financial income75/76B-€40
Recurring financial income75-€40
Financial charges65/66B€857€3k▲
Recurring financial charges65€857€3k▲
Profit (loss) for the period before taxes9903€4k€27k▲
Income taxes67/77€112€4k▲
Profit (loss) for the period9904€3k€23k▲
Profit (loss) for the period to be appropriated9905€3k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€33k▲
Profit (loss) brought forward from the previous period14P€6k€10k▲
Transfer to equity691/2-€33k
To the legal reserve6920-€10k
To other reserves6921-€23k
The notes to these accounts (5 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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €23k ▲574%
Operating result €30k, net result €23k, both a record.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-29k ▼1205%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €500
Net result €500 after one loss-making year.
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB 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, Deinze · 1 establishment unit since 2011
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.
Kiekendreef 139800 DeinzeGround area
715 m²
Building footprint
129 m²
Volume, LiDAR
675 m³
Parcel 44006A0070/00B002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Expound
since 20112.203.548.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006A0070/00B002 | Flanders | 715 m² | 1 · 129 m² | 8.2 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.
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Of 13,425 companies in sector 73300 we hold annual accounts for 6,901. 5,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2011
Fiscal year end31-03
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.