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XPAND

Active Private limited companyfounded 1984active for 41 yearsRue de France 3, 4800 VerviersKBO/BCE: BE 0426.604.911

Lifetime

20 annual accounts with figures on one time axis, 41 filings since 1985
peak €257,012 (2012)
-€5,776▲ €6,201
lowest -€52,243 (2023)
-€4,428▲ €4,731
peak €383,161 (2023)
€362,573▼ 3.1%
€37,057▼ 35.1%
peak 2.4 FTE (2007)
-not published
Board4 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€11,977 to -€5,776Loss of €4,428Dividend €7,000Debts from €57,058 to €37,057

Key points

from the 2025 annual accounts

Equity

€362,573 ▼ 3.1%
374,0012024-4,428Loss-7,000Dividend362,5732025

XPAND paid out €7,000 in dividends in a year with a loss of €4,428.

Losses

-€71,084 in four years
-5,2532022-52,2432023-9,1602024-4,4282025

Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.

Investments

€28,715 194.0 × depreciation

Green is investment, beige is depreciation.

2025 accounts filed 61 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as XPAND has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,344 companies, not a prediction for XPAND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered-office move General meeting of 05-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0426604911
Company renamed from SOGEST to XPAND Appointments: (director) and (director) · “La constitution,l'accroissement et la gestion d'un patrimoine mobilier ; toutes opérations en rapport avec les…” (deed in French) · Gazette deed
Resignation: (director) Director discharge: · General meeting of 28-12-2021 · Gazette deed
All 55 events

Official details

Source: KBO
Status
Active since 18-12-1984Normal situation
Activity
“La constitution,l'accroissement et la gestion d'un patrimoine mobilier ; toutes opérations en rapport avec…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
Establishment unit
2.228.637.1584802 Verviers, since 12-12-1999
Financial year end
31 December
Peppol
Reachable since 02-01-2026
Company details

Annual accounts 2025

€399,630▼ 7.3%
Filing
Filed on 30-09-2026
Financials

Insights on XPAND

XPAND files the micro format. That format states no turnover. The gross margin fell from €139,373 in 2006 to -€5,776 in 2025.

The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about XPAND

What is the company number of XPAND?
The company number of XPAND is 0426.604.911. The VAT number is the same number with BE in front: BE 0426.604.911.
Where is XPAND based?
The registered office is at Rue de France 3, 4800 Verviers.Company details
What is the legal form of XPAND?
XPAND is a private limited company (BV).
When was XPAND founded?
XPAND was founded on 18-12-1984.
Is XPAND still active?
Yes, XPAND is an active enterprise in the KBO register.
What is the turnover of XPAND?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2018 turnover was €45,000.Financials
Is XPAND profitable?
In financial year 2025, XPAND made a loss of €4,428.
Where can I find the annual accounts of XPAND?
XPAND filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of XPAND due?
XPAND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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