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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 3.1 to 1.5.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
XPAND from Niel, company number BE0674829691, closed financial year 2025 with a result of € -209,920 after tax. For that financial year XPAND recorded revenue of € 948,746 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -309,810 to € -209,920. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -1.1 million
▼ € 209,920 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,920
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31,241
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
1.5
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 97,057
▼ 43% vs 2024
€ 64,700 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.
€ 129,752
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 155,693
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,104
▼ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 642,858 | € 966,291 | € 1,049,307 | € 948,746 | ▼ 10% |
| Gross margin | € 300,104 | € 419,250 | € 457,570 | € 461,169 | ▲ 1% |
| Profit after taxes | € -87,555 | € -155,200 | € -309,810 | € -209,920 | ▲ € 99,890 |
| Equity | € -426,918 | € -582,118 | € -891,928 | € -1,101,849 | ▼ € 209,920 |
| Total debts | € 4,947,126 | € 6,015,017 | € 7,835,105 | € 8,491,716 | ▲ 8% |
| Cash | € 110,815 | € 299,139 | € 58,582 | € 31,241 | ▼ 47% |
| Land & buildings | € 4,006,015 | € 3,887,737 | € 5,850,225 | € 5,699,926 | ▼ 3% |
| Retained profit | € -433,118 | € -588,318 | € -898,128 | € -1,108,049 | ▼ € 209,920 |
| Balance sheet total | € 4,520,208 | € 5,432,899 | € 6,943,177 | € 7,389,867 | ▲ 6% |
| Employees (FTE) | 2 | 3.1 | 2.8 | 1.5 | ▼ 1.3 |
Key figures of 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 XPAND?
What happened at 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 € 209,920. filed late Source: NBB ↗
- New establishment in Destelbergen. KBO
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,555 loss in 2022 to € 209,920 loss in 2025.
Paid € 1,288 in corporate taxes since 2022.
On average € 307,400 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Galileilaan 18
2845 Niel
Solariumdreef 7
9070 Destelbergen
Active since 1 March 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →NIEUWE MEDIA GROEP
€ 2.2 million revenue · 2025
UNITED CONSULTING
€ 82.2 million revenue · 2025
iFLUX
€ 449,843 gross margin · 2025
Vereniging van Mede-eigenaars van het gebouw Residentie Archimedesgebouw Galileilaan 18 te Niel
Administratiekantoor iFlux
+6 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
- 0674.829.691
- VAT number
- BE 0674.829.691
- Registered office
- Galileilaan 18, 2845 Niel
- Names & denominations
- XPAND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2017
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening