Xpect Immo
ActiveXpect Immo has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.82M and a net result of €-148k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-66
Solvency61▼-5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days only on tighter terms
Liquidity tight (current ratio 1.45 against 1.52 in 2023), and 67.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.4%
Return on assets
-2.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
23 d early
2022
26 d early
2021
34 d early
2020
9 d early
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.82M▼ 7.5%
2023 · €1.97M
2018: €147k
2019: €49k
2020: €1.06M
2021: €1.39M
2022: €1.71M
2023: €1.97M
2018 → 2024
Total assets
€5.62M▼ 0.5%
2023 · €5.65M
2018: €4.88M
2019: €6.61M
2020: €5.92M
2021: €6.59M
2022: €7.01M
2023: €5.65M
2018 → 2024
Net result
€-148k
2023 · €259k
2018: €668k
2019: €-98k
2020: €1.02M
2021: €323k
2022: €326k
2023: €259k
2018 → 2024
Working capital
€1.73M▼ 5.8%
2023 · €1.84M
2018: €78k
2019: €-23k
2020: €986k
2021: €1.30M
2022: €1.68M
2023: €1.84M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.06M-€1.39M▲ 30.3%€1.71M▲ 23.5%€1.97M▲ 15.1%€1.82M▼ 7.5%
Operating result€1.45M-€548k▼ 62.3%€553k▲ 0.9%€535k▼ 3.1%€45k▼ 91.6%
Net result€1.02M-€323k▼ 68.2%€326k▲ 0.9%€259k▼ 20.6%€-148k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 92% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.62M
Fixed assets
€95k▼ 64.7%
Current assets
€5.53M▲ 2.7%
Equity and liabilities €5.62M
Equity
€1.82M▼ 7.5%
Debt
€3.80M▲ 3.2%
The debt ratio rises from 65.1% to 67.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€49k▼
2023 · €549k
Cash flow
€-144k▼
2023 · €272k
Solvency
32.4%▼
2023 · 34.9%
Current ratio
1.45▼
2023 · 1.52
Quick ratio
0.17▼
2023 · 0.20
Debt / equity
2.09▲
2023 · 1.87
ROE
-8.1%▼
2023 · 13.1%
ROA
-2.6%▼
2023 · 4.6%
Interest coverage
0.25▼
2023 · 2.91
Debt
€3.80M▲
2023 · €3.68M
Debt ≤ 1 year
€3.80M▲
2023 · €3.55M
Debt > 1 year
€0▼
2023 · €130k
Income taxes
€160▼
2023 · €88k
Staff costs
€58k▼
2023 · €81k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.65M€5.62M▼
Fixed assets21/28€268k€95k▼
Tangible fixed assets22/27€268k€95k▼
Land and buildings22€266k€94k▼
Furniture and vehicles24€2k€980▼
Current assets29/58€5.38M€5.53M▲
Stocks and contracts in progress3€4.69M€4.89M▲
Stocks30/36€4.69M€4.89M▲
Amounts receivable within one year40/41€687k€627k▼
Trade receivables40€4k€0▼
Other amounts receivable41€683k€627k▼
Cash at bank and in hand54/58€718€810▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€5.65M€5.62M▼
Equity10/15€1.97M€1.82M▼
Contributions10/11€100k€100k=
Reserves13€1.87M€1.72M▼
Distributable reserves133€1.87M€1.72M▼
Amounts payable17/49€3.68M€3.80M▲
Amounts payable after more than one year17€130k€0▼
Financial debts170/4€130k€0▼
Amounts payable within one year42/48€3.55M€3.80M▲
Current portion of amounts payable after more than one year42€16k€0▼
Financial debts43€3.05M€3.13M▲
Credit institutions430/8€3.05M€3.13M▲
Trade debts44€41k€34k▼
Suppliers440/4€41k€34k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€435k€627k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0€89k▲
Remuneration, social security and pensions62€81k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€4k▼
Other operating charges640/8€30k€28k▼
Gross operating margin9900€659k€135k▼
Operating profit (loss)9901€535k€45k▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€189k€193k▲
Recurring financial charges65€189k€193k▲
Profit (loss) for the period before taxes9903€347k€-148k▼
Income taxes67/77€88k€160▼
Profit (loss) for the period9904€259k€-148k▼
Profit (loss) for the period to be appropriated9905€259k€-148k▼
Appropriation of the result
Profit (loss) to be appropriated9906€259k€-148k▼
Transfer from equity791/2-€148k
Transfer to equity691/2€259k€0▼
To other reserves6921€259k€0▼
Social balance
Average headcount (FTE)90871.50.8▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-148k ▼157%
Net result drops to €-148k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1.02M
Net result €1.02M after one loss-making year.
31-12
Financial
Equity above €1MEq €1.06M ▲2087%
Equity rises from €49k to €1.06M.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
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
3 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, Leuven · 1 establishment unit since 2015
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.
Bondgenotenlaan 1163000 LeuvenGround area
2,205 m²
Building footprint
165 m²
Volume, LiDAR
2,813 m³
Parcel 24502B0141/00V006, Flanders · tallest building 18.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Xpect Immo
since 20152.245.719.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0141/00V006 | Flanders | 2,205 m² | 1 · 165 m² | 18.8 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 92,391 EUR awarded · 92,391 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 92,391 EUR | 92,391 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2015
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.