Financials
Financial year 2025
Xpo Group from Kortrijk, company number BE0405979048, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year Xpo Group recorded revenue of € 31.3 million and equity of € 33.8 million. Compared with financial year 2024, the result moved from € 6.1 million to € 3.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 33.8 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 5.1 million
▲ 226% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 31.1 million.
People and assets in 2025
110.8
▲ 8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.5 million
▲ 10% vs 2024
€ 85,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.1 million
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17.2 million
▲ € 16.7 million vs 2024
€ 2.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 5.1 million
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 2 million
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,895,034 | € 26,560,823 | € 31,558,674 | € 31,314,240 | ▼ 1% |
| Profit after taxes | € 3,745,752 | € 3,510,634 | € 6,118,248 | € 3,412,162 | ▼ 44% |
| Equity | € 21,986,989 | € 24,520,839 | € 30,401,341 | € 33,812,263 | ▲ 11% |
| Total debts | € 7,082,426 | € 15,236,653 | € 10,412,282 | € 38,063,155 | ▲ 266% |
| Cash | € 13,870,482 | € 5,203,813 | € 1,576,496 | € 5,137,050 | ▲ 226% |
| Land & buildings | € 1,717,807 | € 1,170,106 | € 1,271,998 | € 1,426,469 | ▲ 12% |
| Retained profit | € 19,258,915 | € 21,827,765 | € 27,710,767 | € 31,122,929 | ▲ 12% |
| Dividend | € 0 | € 861,784 | € 215,246 | € 0 | ▼ 100% |
| Bank debt | € 500,000 | € 500,000 | € 500,000 | € 17,214,286 | ▲ € 16.7 million |
| Balance sheet total | € 29,069,415 | € 39,757,491 | € 40,813,623 | € 71,875,418 | ▲ 76% |
| Employees (FTE) | 86.1 | 94.1 | 102.8 | 110.8 | ▲ 8 |
Key figures of Xpo Group, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Xpo Group?
What happened at Xpo Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Liesbeth Nizet stepped down as director. NBB
- Jozef Lievens stepped down as director. NBB
- Roel Vandommele stepped down as director. NBB
- Provinciale Ontwikkelingsmaatschappij West-Vlaanderen stepped down as director. NBB
- Joris Claeys stepped down as director. NBB
- Philippe D'heygere stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.4 million (▼ 44% vs 2024). Source: NBB ↗
- Christian Lecluyse stepped down as director. NBB
In short
From € 3.7 million profit in 2022 to € 3.4 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 6.1 million profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of INTERCOMMUNALE LEIEDAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Xpo GroupThe shares are held by INTERCOMMUNALE LEIEDAL (0.3%). It owns 100% of Beurzen Advies Bureau, 100% of Claever Associates, 100% of Xpo Messe Kontakt, 100% of Xpo Österreich, 100% of Solar Solutions Europe and 100% of Koresto - Kortrijks Restauratiebedrijf itself.
Directors
According to the 2025 annual accounts
Jozef Lievens
Director
Also active at: Investeringsmaatschappij Argenta - Société d'investissements Argenta - Investierungsgesellschaft Argenta, Jozef Lievens, Roots Advocaten
since 2023 · until 2027
Roel Vandommele
Director
since 2023 · until 2027
since 2023 · until 2025
Provinciale Ontwikkelingsmaatschappij West-Vlaanderen
Director · represented by Stefaan Matton
Also active at: RX SeaPort, Starterslabo West-Vlaanderen, Circular Concrete Lab
since 2023 · until 2027
Joris Claeys
Director
Also active at: Verana, Accent Software & Services, Cennini Holding, FAST FORWARD, BERNIKKEWALLE, MUNDIUM, Accent Business Park, Accent Business Bouwmaatschappij +16 more
since 2023 · until 2027
Liesbeth Nizet
Director
since 2024 · until 2028
since 2023 · until 2027
Shareholders
Participations
Beurzen Advies Bureau
100%
100%
Xpo Messe Kontakt
100%
Xpo Österreich
100%
Solar Solutions Europe
100%
100%
Xpo Italia
100%
Xpo Kortrijk Organisaciones España
100%
Xpo Sverige
100%
Xpo Organisations
100%
Xpo Fuarcilik
100%
Good!
100%
Xpo Organizations Czech s.r.o.
100%
Gabinete de Assessoria em Feiras KORXPO
100%
Xpo Messe Kontakt Schweiz
100%
100%
Xpo Polska
100%
Establishments
Establishment units
Physical locations of this company
Doorniksesteenweg(Kor) 216
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Vereniging ter Bevordering van Diepvries
AUTO-MOTO
KORTRIJKS RESTAURATIEBEDRIJF same network
€ 1.5 million gross margin · 2025
CLAEVER ASSOCIATES same network
€ 358,755 gross margin · 2025
INTERIEUR same network
€ 22,183 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.979.048
- VAT number
- BE 0405.979.048
- Registered office
- Doorniksesteenweg(Kor) 216, 8500 Kortrijk
- Names & denominations
- Xpo Group · Kortrijk Xpo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1966
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen
Activiteiten van eetgelegenheden met volledige bediening
Discotheken, dancings en dergelijke
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening