XPECT
ActiveXPECT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309k and a net result of €77k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+33
Solvency82▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 8.22 against 2.58 in 2024), but 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.3%
Return on assets
9.6%
Age of the figures
17 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
28 d late
2023
on the day
2022
11 d early
2021
6 d early
2020
21 d late
2019
1 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 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€309k▲ 33.4%
2024 · €232k
2019: €145k
2020: €156k
2021: €164k
2022: €209k
2023: €201k
2024: €232k
2019 → 2025
Total assets
€808k▼ 11.3%
2024 · €911k
2019: €960k
2020: €1.12M
2021: €1.05M
2022: €990k
2023: €852k
2024: €911k
2019 → 2025
Net result
€77k▲ 149%
2024 · €31k
2019: €23k
2020: €10k
2021: €8k
2022: €45k
2023: €-9k
2024: €31k
2019 → 2025
Working capital
€533k▲ 28.6%
2024 · €414k
2019: €-60k
2020: €324k
2021: €280k
2022: €445k
2023: €343k
2024: €414k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€209k▲ 27.7%€201k▼ 4.1%€232k▲ 15.5%€309k▲ 33.4%
Operating result€4k-€80k▲ 2,126%€53▼ 99.9%€45k▲ 85,653%€105k▲ 131%
Net result€8k-€45k▲ 452%€-9k€31k€77k▲ 149%
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 131% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €808k
Fixed assets
€202k▼ 13.9%
Current assets
€606k▼ 10.3%
Equity and liabilities €808k
Equity
€309k▲ 33.4%
Debt
€499k▼ 26.5%
The debt ratio falls from 74.5% to 61.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€150k▲
2024 · €89k
Cash flow
€123k▲
2024 · €75k
Solvency
38.3%▲
2024 · 25.5%
Current ratio
8.22▲
2024 · 2.58
Quick ratio
5.54▲
2024 · 1.42
Debt / equity
1.61▼
2024 · 2.92
ROE
25.0%▲
2024 · 13.4%
ROA
9.6%▲
2024 · 3.4%
Interest coverage
171.25▲
2024 · 113.69
Debt
€499k▼
2024 · €679k
Debt ≤ 1 year
€74k▼
2024 · €262k
Debt > 1 year
€424k▲
2024 · €416k
Income taxes
€33k▲
2024 · €14k
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€911k€808k▼
Fixed assets21/28€234k€202k▼
Tangible fixed assets22/27€234k€202k▼
Plant, machinery and equipment23€13k€20k▲
Furniture and vehicles24€17k€9k▼
Other tangible fixed assets26€204k€173k▼
Current assets29/58€676k€606k▼
Stocks and contracts in progress3€305k€198k▼
Stocks30/36€305k€198k▼
Amounts receivable within one year40/41€206k€31k▼
Trade receivables40€197k€25k▼
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€155k€367k▲
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€911k€808k▼
Equity10/15€232k€309k▲
Contributions10/11€20k€20k=
Reserves13€212k€289k▲
Tax-exempt reserves132€36k€36k=
Distributable reserves133€176k€253k▲
Profit (loss) carried forward14€152€584▲
Amounts payable17/49€679k€499k▼
Amounts payable after more than one year17€416k€424k▲
Other amounts payable178/9€416k€424k▲
Amounts payable within one year42/48€262k€74k▼
Trade debts44€252k€50k▼
Suppliers440/4€252k€50k▼
Taxes, remuneration and social security45€10k€24k▲
Taxes450/3€10k€24k▲
Accrued charges and deferred income492/3€839€873▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€46k▲
Other operating charges640/8€6k€6k▲
Non-recurring operating charges66A€160-
Gross operating margin9900€95k€156k▲
Operating profit (loss)9901€45k€105k▲
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€7k▲
Financial charges65/66B€786€878▲
Recurring financial charges65€786€878▲
Profit (loss) for the period before taxes9903€45k€111k▲
Income taxes67/77€14k€33k▲
Profit (loss) for the period9904€31k€77k▲
Profit (loss) for the period to be appropriated9905€31k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€78k▲
Profit (loss) brought forward from the previous period14P€75€152▲
Transfer to equity691/2€31k€77k▲
To other reserves6921€31k€77k▲
The notes to these accounts (7 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
07-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
31-03
Financial
Highest result since 2019net €77k ▲149%
Operating result €105k, net result €77k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 8.22
Current ratio from 2.58 to 8.22; short-term debt falls from €262k to €74k.
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
31-03
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-9k ▼119%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200kEq €209k ▲27.7%
4 profitable years in a row build equity to €209k.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
31-03
Financial
Equity above €150kEq €156k ▲7.2%
2 profitable years in a row build equity to €156k.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-09
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, Schilde · 1 establishment unit since 2002
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.
Catharinadreef 262970 SchildeGround area
1,866 m²
Building footprint
220 m²
Volume, LiDAR
1,423 m³
Parcel 11039A0231/00T000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XPECT BVBA
since 20022.095.962.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0231/00T000 | Flanders | 1,866 m² | 1 · 220 m² | 9.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchilde2.095.962.439
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BE 0776.490.740
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BE 0547.783.942
Overijse · Eq €309k
FRANCOIS DE FRANCQUEN INVEST
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ONLINE MARKETING MONKEY
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ETS FR. BEAUPAIN
BE 0444.425.492
Braine-l'Alleud · Eq €307k
Of 6,127 companies in sector 46190 we hold annual accounts for 2,554. 1,716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2002
Fiscal year end31-03
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.