Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
imec.xpand from Leuven, company number BE0671931371, closed financial year 2025 with a result of € -6.5 million after tax. For that financial year imec.xpand recorded a gross margin of € -990,938 and equity of € 66.9 million. Compared with financial year 2024, the result moved from € -18.5 million to € -6.5 million. 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 27, 2026.
€ 66.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.5 million
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 698,449
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,108,603 | € -907,696 | € -1,017,874 | € -990,938 | ▲ € 26,936 |
| Profit after taxes | € -2,516,233 | € -5,968,853 | € -18,476,832 | € -6,542,462 | ▲ € 11.9 million |
| Equity | € 68,649,228 | € 74,361,145 | € 67,565,083 | € 66,863,005 | ▼ 1% |
| Total debts | € 8,140 | € 8,939 | € 261,230 | € 10,417 | ▼ 96% |
| Cash | € 5,588,000 | € 2,056,151 | € 790,807 | € 698,449 | ▼ 12% |
| Retained profit | € -13,116,162 | € -19,085,015 | € -37,561,847 | € -44,104,310 | ▼ € 6.5 million |
| Balance sheet total | € 68,657,368 | € 74,370,084 | € 67,826,312 | € 66,873,423 | ▼ 1% |
Key figures of imec.xpand, 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 imec.xpand?
What happened at imec.xpand in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6.5 million. Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.5 million loss in 2022 to € 6.5 million loss in 2025.
Management
The stake of FIDIMEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
imec.xpandBehind imec.xpand is Xpand Partners BV. The shares are held by FIDIMEC (25.7%). It owns 25.8% of SPECTRICITY, 18.8% of MICLEDI MICRODISPLAYS, 18.5% of AZALEA VISION, 16.3% of SOLITHOR, 12.7% of MORROW and 11.4% of ONERA HEALTH itself.
Directors
According to the 2025 annual accounts
Manager · represented by Tom Vanhoutte
Also active at: imec.xpand II, VERTICAL COMPUTE
Shareholders
25.7%
Participations
25.8%
18.8%
18.5%
16.3%
12.7%
ONERA HEALTH
11.4%
Establishments
Establishment units
Physical locations of this company
Kapeldreef 75
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →Vereniging van Leraars in de Wetenschappen
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+15 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
- 0671.931.371
- VAT number
- BE 0671.931.371
- Registered office
- Kapeldreef 75, 3001 Leuven
- Names & denominations
- imec.xpand
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 1 March 2017
- Peppol
- Not registered