XPANCEON
The computed 12-month bankruptcy probability of XPANCEON is 1.1% (low). The 2025 annual accounts show negative equity (€-18k) and a net result of €-13k. Equity is shrinking by ~164.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 1326 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-18k |
| Net result | €-13k |
| Better than sector | 14% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -5.2% | 22.9% | |
| Net result | €-13k | €10k | |
| Equity | €-18k | €44k | |
| Gross operating margin | €11k | €40k | |
| Total assets | €340k | €291k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €9k |
| Net profit | €-13k |
| Cash flow | €-534 |
| Staff costs | - |
| Income taxes | €132 |
| Dividends | - |
| Total assets | €340k |
| Equity | €-18k |
| Debt | €357k |
| of which ≤ 1y | €24k |
| of which > 1y | €333k |
| Working capital | €-13k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.47 |
| Working capital ratio | -3.8% |
| Solvency | -5.2% |
| Debt / equity | -20.32 |
| Long-term debt ratio | -18.94 |
| Interest coverage | 0.96 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.7% |
| ROE | 71.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €340k |
| Fixed assets | 21/28 | €327k |
| Formation expenses | 20 | €1k |
| Tangible fixed assets | 22/27 | €327k |
| Current assets | 29/58 | €11k |
| Amounts receivable within one year | 40/41 | €25 |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €340k |
| Equity | 10/15 | €-18k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-21k |
| Amounts payable | 17/49 | €357k |
| Amounts payable after one year | 17 | €333k |
| Amounts payable within one year | 42/48 | €24k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €11 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-12k |
| Income taxes | 67/77 | €132 |
| Net result for the period | 9904 | €-13k |
| Result to be appropriated | 9905 | €-13k |
-
Current18-09-2023 → present
Former directors (2)
-
Former- → 18-09-2023
-
Former- → 18-09-2023
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 23-05-2022 |
| Status | Active |
| Postal code | 3910 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025B0942/00B002 | Flanders | 393 m² | 1 · 95 m² | 10.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-03-2026 Registered office moved within Pelt
- Ringlaan 73 bus 3, 3900 Pelt → Justitielaan 48, 3910
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Justitielaan 48, 3910",
"city": "Pelt",
"region": "vlaams_gewest",
"street": "Justitielaan",
"country": "BE",
"postcode": "3910",
"box_number": null,
"street_number": "48",
"locality_suffix": null
},
"old_address": {
"raw": "Ringlaan 73 bus 3, 3900 Pelt",
"city": "Pelt",
"region": "vlaams_gewest",
"street": "Ringlaan",
"country": "BE",
"postcode": "3900",
"box_number": "3",
"street_number": "73",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": "De maatschappelijke zetel van de vennootschap is gevestigd te Justitielaan 48, 3910 Pelt.",
"statute_article_number": 5,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-06",
"filing_date": "2026-02-26",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-11-19",
"unanimous": null
},
"subject_company": {
"kbo": "0786.474.119",
"name_full": "Xpanceon",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Brandon Plumot",
"org_rep_person_name": null,
"person_role_at_subject": "enige bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}18-01-2024 Registered office moved within Pelt
- Hamerslagstraat 11, 3900 Pelt → Ringlaan 73, 3900 Pelt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Pelt",
"region": null,
"street": "Ringlaan",
"country": "BE",
"postcode": "3900",
"box_number": "3",
"street_number": "73"
},
"old_address": {
"city": "Pelt",
"region": null,
"street": "Hamerslagstraat",
"country": "BE",
"postcode": "3900",
"box_number": null,
"street_number": "11"
},
"effective_date": "2023-12-15",
"evidence_quote": "Derde beslissing \u2013 Wijziging adres van de zetel\nDe vergadering beslist het adres van de zetel te wijzigen naar 3900 Pelt, Ringlaan 73 bus 3."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.474.119",
"name_full": "XPANCEON",
"legal_form": "BV"
}
}03-11-2023 1 director appointed, 2 resigning
- Plumot Brandon, Bestuurder
- Coninx Jasper, Bestuurder
- Monnens Thomas, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Coninx Jasper",
"address": null,
"birth_date": null
},
"effective_date": "2023-09-18",
"evidence_quote": "de heer Coninx Jasper, Loksvaartdijk 18, 3900 Pelt en de heer Monnens Thomas, Vloeterstraat 51, 3900 Pelt te ontslaan als bestuurders en kwijting te verlenen voor het gevoerde beleid.",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Monnens Thomas",
"address": null,
"birth_date": null
},
"effective_date": "2023-09-18",
"evidence_quote": "de heer Coninx Jasper, Loksvaartdijk 18, 3900 Pelt en de heer Monnens Thomas, Vloeterstraat 51, 3900 Pelt te ontslaan als bestuurders en kwijting te verlenen voor het gevoerde beleid.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Plumot Brandon",
"address": null,
"birth_date": null
},
"effective_date": "2023-09-18",
"evidence_quote": "Tot nieuwe bestuurder wordt benoemd: de heer Plumot Brandon, Ringlaan 73/3, 3900 Pelt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.474.119",
"name_full": "XPANCEON",
"legal_form": "BV"
}
}25-05-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3900 Pelt, Hamerslagstraat 11",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1989-07-05",
"name": "Coninx Jasper",
"niss": null,
"address": "3900 Pelt, Loksvaartdijk 18"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Coninx Jasper",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1988-11-02",
"name": "Monnens Thomas",
"niss": null,
"address": "3900 Pelt, Vloeterstraat 51"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Monnens Thomas",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0786.474.119",
"name_full": "XPANCEON",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-05-23",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | XPANCEON |