What does Expeels do?

Expeels is a publisher in Maldegem. Private Limited, started on 7 March 1995, 1 establishment.

What is the address of Expeels?

The registered office of Expeels is located at Boslaan 49, 9990 Maldegem.

Is Expeels still active?

Yes. According to the CBE (29 October 2026) Expeels is active, legal situation “Normale toestand”, started on 7 March 1995.

Is Expeels registered on Peppol?

Yes, Expeels is registered on the Peppol network with ID 0208:0454679976.

What is the enterprise number of Expeels?

The enterprise number of Expeels is BE0454679976.

When was Expeels founded?

Expeels was founded on 7 March 1995.

Who are the directors of Expeels?

According to the 2025 annual accounts, the directors of Expeels are: Caroline Ostyn.

Is Expeels a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 March 1995; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Expeels make in 2025?

Expeels recorded a loss after taxes of € 26,913 in financial year 2025.

What is the revenue of Expeels?

As a small company, Expeels is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 13,725.

Expeels (Private Limited) - Maldegem - BE0454679976

Dossier Expeels, printed on 29 October 2026 from databakkes.be/en/0454679976/expeels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

Expeels from Maldegem, company number BE0454679976, closed financial year 2025 with a result of € -26,913 after tax. For that financial year Expeels recorded a gross margin of € 13,725 and equity of € 142,552. Compared with financial year 2024, the result moved from € 82,601 to € -26,913. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.

What it is worth Healthy

€ 142,552

▼ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -26,913

▼ still € 82,601 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 73,321

▼ 27% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -137,448.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 53,472

▲ 76% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 42,622

▼ 19% vs 2024

€ 10,293 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 854

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,959

▼ 76% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 24,551 Gross margin 2022: € 24,551 First fiscal year in the series	€ 42,109 Gross margin 2023: € 42,109 ▲ 72% vs 2022 (€ 24,551) Favourable step	€ 112,658 Gross margin 2024: € 112,658 ▲ 168% vs 2023 (€ 42,109) Favourable step	€ 13,725 Gross margin 2025: € 13,725 ▼ 88% vs 2024 (€ 112,658) Unfavourable step	▼ 88%
Profit after taxes	€ 9,635 Profit after taxes 2022: € 9,635 First fiscal year in the series	€ 22,559 Profit after taxes 2023: € 22,559 ▲ 134% vs 2022 (€ 9,635) Favourable step	€ 82,601 Profit after taxes 2024: € 82,601 ▲ 266% vs 2023 (€ 22,559) Favourable step	€ -26,913 Profit after taxes 2025: € -26,913 ▼ € 109,514 vs 2024 (€ 82,601) Unfavourable step	▼ € 109,514
Equity	€ 64,306 Equity 2022: € 64,306 First fiscal year in the series	€ 86,865 Equity 2023: € 86,865 ▲ 35% vs 2022 (€ 64,306) Favourable step	€ 169,466 Equity 2024: € 169,466 ▲ 95% vs 2023 (€ 86,865) Favourable step	€ 142,552 Equity 2025: € 142,552 ▼ 16% vs 2024 (€ 169,466) Unfavourable step	▼ 16%
Total debts	€ 92,971 Total debts 2022: € 92,971 First fiscal year in the series	€ 108,520 Total debts 2023: € 108,520 ▲ 17% vs 2022 (€ 92,971) Unfavourable step	€ 61,853 Total debts 2024: € 61,853 ▼ 43% vs 2023 (€ 108,520) Favourable step	€ 95,846 Total debts 2025: € 95,846 ▲ 55% vs 2024 (€ 61,853) Unfavourable step	▲ 55%
Cash	€ 27,686 Cash 2022: € 27,686 First fiscal year in the series	€ 13,840 Cash 2023: € 13,840 ▼ 50% vs 2022 (€ 27,686) Unfavourable step	€ 100,421 Cash 2024: € 100,421 ▲ € 86,581 vs 2023 (€ 13,840) Favourable step	€ 73,321 Cash 2025: € 73,321 ▼ 27% vs 2024 (€ 100,421) Unfavourable step	▼ 27%
Land & buildings	€ 49,323 Land & buildings 2022: € 49,323 First fiscal year in the series	€ 50,237 Land & buildings 2023: € 50,237 ▲ 2% vs 2022 (€ 49,323) Unchanged	€ 46,669 Land & buildings 2024: € 46,669 ▼ 7% vs 2023 (€ 50,237) Unchanged	€ 43,100 Land & buildings 2025: € 43,100 ▼ 8% vs 2024 (€ 46,669) Unchanged	▼ 8%
Retained profit	€ -215,694 Retained profit 2022: € -215,694 First fiscal year in the series	€ -193,135 Retained profit 2023: € -193,135 ▲ € 22,559 vs 2022 (€ -215,694) Favourable step	€ -110,534 Retained profit 2024: € -110,534 ▲ € 82,601 vs 2023 (€ -193,135) Favourable step	€ -137,448 Retained profit 2025: € -137,448 ▼ € 26,913 vs 2024 (€ -110,534) Unfavourable step	▼ € 26,913
Bank debt	€ 71,107 Bank debt 2022: € 71,107 First fiscal year in the series	€ 62,876 Bank debt 2023: € 62,876 ▼ 12% vs 2022 (€ 71,107) Favourable step	€ 52,540 Bank debt 2024: € 52,540 ▼ 16% vs 2023 (€ 62,876) Favourable step	€ 42,622 Bank debt 2025: € 42,622 ▼ 19% vs 2024 (€ 52,540) Favourable step	▼ 19%
Balance sheet total	€ 157,276 Balance sheet total 2022: € 157,276 First fiscal year in the series	€ 195,385 Balance sheet total 2023: € 195,385 ▲ 24% vs 2022 (€ 157,276) Unchanged	€ 231,319 Balance sheet total 2024: € 231,319 ▲ 18% vs 2023 (€ 195,385) Unchanged	€ 238,398 Balance sheet total 2025: € 238,398 ▲ 3% vs 2024 (€ 231,319) Unchanged	▲ 3%

Key figures of Expeels, 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 Expeels?

What happened at Expeels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 29, 2026 New annual accounts for financial year 2025: loss of € 26,913 (▼ € 109,514 vs 2024). Source: NBB ↗
Oct 17, 1995 New establishment in Maldegem. KBO
Mar 7, 1995 Start of the company according to the CBE. KBO

In short

From € 9,635 profit in 2022 to € 26,913 loss in 2025.

Paid € 4,776 in corporate taxes since 2022.

Best year ever: 2024, with € 82,601 profit.

Original PDFs at the National Bank ↗

Management

Caroline Ostyn

Expeels

Behind Expeels is Caroline Ostyn.

Directors

According to the 2025 annual accounts

Caroline Ostyn

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Boslaan 49

9990 Maldegem

2.073.542.769

Westeindestraat 24

9990 Maldegem

Active since 17 October 1995

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0454.679.976

VAT number

BE 0454.679.976

Registered office

Boslaan 49, 9990 Maldegem

Names & denominations

Expeels

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 March 1995

Peppol

Active · Active since 27 Sept 2025

Activities · NACE

Uitgeven van tijdschriften

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

Uitgeverijen van tijdschriften

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Detailhandel in elektrische huishoudapparaten

Overige niet-gespecialiseerde detailhandel

Overige activiteiten van uitgeverijen, met uitzondering van het uitgeven van software

Detailhandel in damesbovenkleding

View on CBE Public ↗ Annual accounts (NBB) ↗

Expeels

Warning lights

Financials

What happened to Expeels?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions