Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EXPAN from Gent, company number BE0667565777, closed financial year 2025 with a result of € -15,359 after tax. For that financial year EXPAN recorded a gross margin of € 32,396 and equity of € 250,746. Compared with financial year 2024, the result moved from € -47,495 to € -15,359. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
€ 250,746
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,359
▲ 68 % less loss than in 2024
Profit after tax over the fiscal year.
€ 50,505
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 132,146.
People and assets in 2025
€ 101
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 626,624
▲ 15% vs 2024
€ 29,524 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 67,125
▲ € 62,894 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,861
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 294,703 | € -28,975 | € 9,607 | € 32,396 | ▲ 237% |
| Profit after taxes | € 213,436 | € -51,407 | € -47,495 | € -15,359 | ▲ € 32,136 |
| Equity | € 365,007 | € 313,600 | € 266,105 | € 250,746 | ▼ 6% |
| Total debts | € 546,933 | € 727,130 | € 1,048,104 | € 1,232,398 | ▲ 18% |
| Cash | € 59,938 | € 13,941 | € 33,745 | € 50,505 | ▲ 50% |
| Land & buildings | - | € 174,627 | € 587,240 | € 582,782 | ▼ 1% |
| Retained profit | € 246,407 | € 195,000 | € 147,505 | € 132,146 | ▼ 10% |
| Dividend | € 140,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 325,500 | € 499,807 | € 543,660 | € 626,624 | ▲ 15% |
| Balance sheet total | € 911,940 | € 1,040,730 | € 1,314,208 | € 1,483,144 | ▲ 13% |
Key figures of EXPAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to EXPAN?
What happened at EXPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,359. Source: NBB ↗
- New establishment in Gent. KBO
- KOFRA BV BV became a director. NBB
- ADVICE 2 BUILD BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 213,436 profit in 2022 to € 15,359 loss in 2025.
Paid € 71,943 in corporate taxes since 2022.
Best year ever: 2022, with € 213,436 profit.
Paid out € 140,000 in dividends to the owners in total.
A new publication or filing at EXPAN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EXPAN are KOFRA BV BV and ADVICE 2 BUILD BV. It owns 100% of TERCON itself.
Directors
According to the 2025 annual accounts
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 557
9030 Gent
Rooigemlaan 10
9000 Gent
Active since 11 June 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
KINAMO-BACKBONE, BE
Website info
Features
Security
Details
- Company number
- 0667.565.777
- VAT number
- BE 0667.565.777
- Registered office
- Brugsesteenweg 557, 9030 Gent
- Names & denominations
- EXPAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2016
- Peppol
- Active · Active since 5 Feb 2026
- Contact
- convas.be
- Activities · NACE
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