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XPECT

Active
Private limited companyfounded 2002active for 24 yearsCatharinadreef 26, 2970 Schilde, BelgiumKBO/BCE: BE 0477.194.369

From the official registers: KBO 23 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

XPECT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309,425 and a net result of €77,432. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 48% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 26-03-2002 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 1 other
Establishment unit
2.095.962.439 2970 Schilde, since 13-05-2002
Financial year end
31 March
Peppol
Reachable since 28-11-2024

Board and ownership

Board

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2025
Gross margin
€155,986
▲ 64.2%
Turnover
≈ €590,000
estimated
Profit
€77,432
▲ 149%
Equity
€309,425
▲ 33.4%
Total assets
€808,051
▼ 11.3%
2026 accounts not filed, 1 day past the deadline
Filed on 07-11-2025PDF
Score breakdownraises riskFigures for financial year 2025 (filed on 13-11-2025)lowers riskLiquidity: current ratio 8.22, cash €367,031Founded in 2002Size: total assets €808,051Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 63+13
equity 38.3% of total assets
Liquidity 100+40
short-term debt 9.1% · cash 45.4%
Profitability 81+8
return on assets 9.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3%highest value 12-2024: 0.1%▼ -0.2 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: < 0.1%▼ -0.2 percentage points vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.22 (2.58 in 2024), above the usual 1.5. Short-term debt is 9.1% and cash 45.4% of total assets. However, 61.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 47% of them on solvency, 98% on liquidity, 74% on profitability and 83% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 8.22, cash €367,031
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 13-11-2025)
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €808,051
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-11-2025, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
7 days late
2024
28 days late
2023
on the day
2022
11 days early
2021
6 days early
2020
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 7 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 91% of companies in wholesale tradesector median €5,660 · 13,722 companies €77,432 View
  • Positive: Equity rose in 2025from €231,992 to €309,425 ▲ 33.4% View

Comparable companies

These companies have the same main activity as XPECT: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €752,000 and €936,000, founded between 2000 and 2004.

CompanyTotal assetsGross margin
XPECT Schilde€808,051€155,986
DEPOVERE W. & A. Roeselare€862,825€173,554
BICRIT Tervuren€752,092€139,394
ATB SERV Rixensart€866,306€189,655
PENDE INVEST Ingelmunster€820,591€206,459
Vadofin Waasmunster€753,763€121,835
LVH TRADING Kluisbergen€936,328€117,754
Full comparison

Documents

Annual accounts at the NBB

All 23 annual accounts

Articles and registers

Key facts about XPECT

What is the company number of XPECT?
The company number of XPECT is 0477.194.369. The VAT number is the same number with BE in front: BE 0477.194.369.
Where is XPECT based?
The registered office is at Catharinadreef 26, 2970 Schilde.Company details
What does XPECT do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of XPECT?
The legal form of XPECT is Private limited company (BV).
When was XPECT founded?
XPECT was founded on 26-03-2002.
Is XPECT still active?
Yes, XPECT is an active enterprise in the KBO register.
What is the turnover of XPECT?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €155,986 and 31 comparable companies (NACE 461). It probably lies between €270,000 and €1.4m.Financials
Is XPECT profitable?
In financial year 2025, XPECT made a profit of €77,432.
Where can I find the annual accounts of XPECT?
XPECT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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