ACTIVE

Xpo Group

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

3,4 M €

-44.2% YoY

Revenue

31,3 M €

-0.8% YoY

Equity

33,8 M €

+11.2% YoY

Workforce

110,8 ETP

+7.8% YoY

What does Xpo Group do?

Xpo Group is a Private limited company incorporated in 1966. Its registered office is in Kortrijk. It employs on average 110,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.979.048

Incorporation

31/12/1966

Legal form

Private limited company

Registered office

Doorniksesteenweg(Kor) 216
8500 Kortrijk · FlandreSee on map

Contributed capital

2 689 334,56 €

Latest accounts

31/12/2025

Average workforce

110,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	31,3 M €	-0.8%	31,6 M €	+18.8%	26,6 M €	+21.3%	21,9 M €	+83.5%	11,9 M €	+90.5%	6,3 M €	-67.4%	19,2 M €	-3.4%	19,9 M €	+5.4%	18,9 M €	+11.8%	16,9 M €	-6.6%	18,1 M €	+24.3%	14,5 M €	+3.8%	14 M €	+0.7%	13,9 M €	-3.9%	14,5 M €	+19.5%	12,1 M €	-10.0%	13,4 M €	+24.7%	10,8 M €	+1.9%	10,6 M €
EBITDA	2,9 M €	-40.0%	4,8 M €	+77.9%	2,7 M €	-36.4%	4,2 M €	+1052%	-445,7 k €	+86.0%	-3,2 M €	-270%	1,9 M €	-48.7%	3,6 M €	+84.3%	2 M €	-29.9%	2,8 M €	-13.2%	3,2 M €	+17.3%	2,8 M €	-9.6%	3,1 M €	+42.5%	2,1 M €	-15.8%	2,6 M €	+17.2%	2,2 M €	-5.4%	2,3 M €	+19.4%	1,9 M €	-10.5%	2,2 M €
Operating result	2,2 M €	-47.4%	4,1 M €	+118%	1,9 M €	-37.7%	3 M €	+297%	-1,5 M €	+67.1%	-4,6 M €	-1598%	309,6 k €	-85.2%	2,1 M €	+325%	491,3 k €	-65.1%	1,4 M €	-27.9%	2 M €	+29.2%	1,5 M €	-20.8%	1,9 M €	+95.0%	978,4 k €	-34.6%	1,5 M €	+32.4%	1,1 M €	-3.9%	1,2 M €	+61.9%	726,2 k €	-28.6%	1 M €
Net result	3,4 M €	-44.2%	6,1 M €	+74.3%	3,5 M €	-6.3%	3,7 M €	+295%	-1,9 M €	+16.0%	-2,3 M €	-532%	529,7 k €	-79.3%	2,6 M €	+169%	949,3 k €	-61.0%	2,4 M €	+7.2%	2,3 M €	+11.6%	2 M €	+8.9%	1,9 M €	+37.1%	1,4 M €	+22.2%	1,1 M €	-4.2%	1,2 M €	+49.6%	778,6 k €	-10.3%	868,2 k €	+29.7%	669,2 k €
Balance sheet
Equity	33,8 M €	+11.2%	30,4 M €	+24.0%	24,5 M €	+11.5%	22 M €	+20.0%	18,3 M €	-9.5%	20,2 M €	-10.2%	22,6 M €	+1.3%	22,3 M €	+11.6%	20 M €	+3.4%	19,3 M €	+12.8%	17,1 M €	+13.4%	15,1 M €	+13.4%	13,3 M €	+14.3%	11,6 M €	+11.1%	10,5 M €	+9.6%	9,6 M €	+11.2%	8,6 M €	+7.2%	8 M €	+9.1%	7,3 M €
Total assets	71,9 M €	+76.1%	40,8 M €	+2.7%	39,8 M €	+36.8%	29,1 M €	-1.6%	29,5 M €	+3.3%	28,6 M €	-14.5%	33,4 M €	+8.1%	30,9 M €	+3.2%	30 M €	+10.7%	27,1 M €	+3.8%	26,1 M €	+13.7%	23 M €	+2.2%	22,5 M €	+14.5%	19,6 M €	-14.6%	23 M €	+22.9%	18,7 M €	-5.5%	19,8 M €	+3.7%	19,1 M €	-2.3%	19,5 M €
Cash	5,1 M €	+226%	1,6 M €	-69.7%	5,2 M €	-62.5%	13,9 M €	+35.4%	10,2 M €	+24.4%	8,2 M €	-21.1%	10,4 M €	+10.9%	9,4 M €	-16.1%	11,2 M €	+13.4%	9,9 M €	+14.2%	8,7 M €	+60.2%	5,4 M €	+35.4%	4 M €	+47.8%	2,7 M €	+26.4%	2,1 M €	+43.1%	1,5 M €	+43.7%	1 M €	-11.2%	1,2 M €	+0.0%	1,2 M €
Debts	37,9 M €	+265%	10,4 M €	-31.7%	15,2 M €	+240%	4,5 M €	+19.9%	3,7 M €	+18.0%	3,2 M €	-34.7%	4,9 M €	-2.3%	5 M €	-9.8%	5,5 M €	+10.2%	5 M €	-17.4%	6 M €	+8.0%	5,6 M €	-9.8%	6,2 M €	+0.7%	6,2 M €	-14.8%	7,2 M €	+33.8%	5,4 M €	-17.3%	6,5 M €	+9.6%	6 M €	-20.5%	7,5 M €
Other
Workforce	110,8 ETP	+7.8%	102,8 ETP	+9.2%	94,1 ETP	+9.3%	86,1 ETP	+11.4%	77,3 ETP	-7.9%	83,9 ETP	+12.9%	74,3 ETP	+9.4%	67,9 ETP	+5.8%	64,2 ETP	+14.0%	56,3 ETP	+24.3%	45,3 ETP	+0.7%	45,0 ETP	+7.1%	42,0 ETP	+6.1%	39,6 ETP	+2.1%	38,8 ETP	+5.1%	36,9 ETP	-4.2%	38,5 ETP	+2.7%	37,5 ETP	+3.9%	36,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 197 ended

Active mandates

Liesbeth Nizet

Director · since 05 septembre 2024 · until 08 juin 2028

Active

Christian Lecluyse

Director · since 27 avril 2023 · until 24 avril 2025

Active

Joris Claeys

Director · since 27 avril 2023 · until 10 juin 2027

Active

Jozef Lievens

Director · since 27 avril 2023 · until 10 juin 2027

Active

Philippe D'heygere

Chairman of the board of directors · since 27 avril 2023 · until 10 juin 2027

Active

Provinciale Ontwikkelingsmaatschappij West-Vlaanderen

Director · since 27 avril 2023 · until 10 juin 2027 · 0881.702.779

Represented by Stefaan Matton

Active

Roel Vandommele

Director · since 27 avril 2023 · until 10 juin 2027

Active

Ended mandates

Liesbeth Nizet

Director · since 05 septembre 2024 · until 27 avril 2028

Ended

Joris Claeys

Director · since 27 avril 2023 · until 29 avril 2027

Ended

Jozef Lievens

Director · since 27 avril 2023 · until 29 avril 2027

Ended

Philippe D'heygere

Chairman of the board of directors · since 27 avril 2023 · until 29 avril 2027

Ended

At this address

Other companies at this address

Company	CBE no.
AUTO-MOTO● Active	0433.477.756
CLAEVER ASSOCIATES● Active	0476.079.067
INTERIEUR● Active	0699.669.215
INVENT MEDIA● Active	0872.080.478
KORTRIJKS RESTAURATIEBEDRIJF● Active	0452.584.776
Offshore Wind International● Active	1002.882.802
Vereniging ter Bevordering van Diepvries● Active	0413.248.308

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	09/05/2025	26/04/2024	28/04/2023	10/05/2022	03/05/2021
General meeting	11/06/2026	24/04/2025	25/04/2024	27/04/2023	02/05/2022	29/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	24/04/2025	09/05/2025	Dutch	PDF
Full model	31/12/2023	25/04/2024	26/04/2024	Dutch	PDF
Full model	31/12/2022	27/04/2023	28/04/2023	Dutch	PDF
Full model	31/12/2021	02/05/2022	10/05/2022	Dutch	PDF
Full model	31/12/2020	29/04/2021	03/05/2021	Dutch	PDF
Full model	31/12/2019	30/04/2020	04/05/2020	Dutch	PDF
Full model	31/12/2018	25/04/2019	29/04/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	27/04/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	02/05/2017	Dutch	PDF
Full model	31/12/2015	31/03/2016	04/04/2016	Dutch	PDF
Full model	31/12/2014	26/03/2015	27/03/2015	Dutch	PDF
Full model	31/12/2013	27/03/2014	28/03/2014	Dutch	PDF
Full model	31/12/2012	28/03/2013	10/04/2013	Dutch	PDF
Full model	31/12/2011	29/03/2012	11/04/2012	Dutch	PDF
Full model	31/12/2010	31/03/2011	11/04/2011	Dutch	PDF
Full model	31/12/2009	25/03/2010	26/03/2010	Dutch	PDF
Full model	31/12/2008	26/03/2009	01/04/2009	Dutch	PDF
Full model	31/12/2007	27/03/2008	31/03/2008	Dutch	PDF
Full model	31/12/2006	29/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 197 ended

Active mandates

Liesbeth Nizet

Director · since 05 septembre 2024 · until 08 juin 2028

Active

Christian Lecluyse

Director · since 27 avril 2023 · until 24 avril 2025

Active

Joris Claeys

Director · since 27 avril 2023 · until 10 juin 2027

Active

Jozef Lievens

Director · since 27 avril 2023 · until 10 juin 2027

Active

Philippe D'heygere

Chairman of the board of directors · since 27 avril 2023 · until 10 juin 2027

Active

Provinciale Ontwikkelingsmaatschappij West-Vlaanderen

Director · since 27 avril 2023 · until 10 juin 2027 · 0881.702.779

Represented by Stefaan Matton

Active

Roel Vandommele

Director · since 27 avril 2023 · until 10 juin 2027

Active

Ended mandates

Liesbeth Nizet

Director · since 05 septembre 2024 · until 27 avril 2028

Ended

Joris Claeys

Director · since 27 avril 2023 · until 29 avril 2027

Ended

Jozef Lievens

Director · since 27 avril 2023 · until 29 avril 2027

Ended

Philippe D'heygere

Chairman of the board of directors · since 27 avril 2023 · until 29 avril 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Annual accounts31/08/2026
JAARREKENINGEN, ALGEMENE VERGADERING, BOEKJAAR,
PDF
Mandates31/08/2026
Ontslag - benoeming bestuurder
PDF
Capital / shares27/05/2026
KAPITAAL - AANDELEN
PDF
Mandates30/06/2025
ONTSLAGEN - BENOEMINGEN - JAARREKENINGEN
PDF
Capital / shares15/05/2025
KAPITAAL - AANDELEN
PDF
Other15/05/2025
ALGEMENE VERGADERING
PDF
Mandates31/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2024
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

12/05/2026
reduction_capital
2025
Annual accounts 20253,4 M €↓
24/04/2025
nominationNV CALLENS VANDELANOTTE — commissaris tot het goedkeuren van de geconsolideerde jaarrekening
24/04/2025
reduction_capital
2024
Annual accounts 20246,1 M €↑
05/09/2024
nominationLiesbeth Nizet — bestuurder
25/04/2024
reconductionNV CALLENS VANDELANOTTE — commissaris
25/04/2024
nominationFrank Vandelanotte — vaste vertegenwoordiger
2023
Annual accounts 20233,5 M €↓
09/05/2023
reduction_capital
27/04/2023
reconductionStefaan Matton — bestuurder
27/04/2023
reconductionChristian Lecluyse — bestuurder
27/04/2023
reconductionPhilippe D'heygere — bestuurder
27/04/2023
reconductionJozef Lievens — bestuurder
27/04/2023
reconductionJoris Claeys — bestuurder
27/04/2023
reconductionRoel Vandommele — bestuurder
2023
Name changeXPO GROUP
2022
Annual accounts 20223,7 M €↑
2021
Annual accounts 2021-1,9 M €↑
17/03/2021
nominationBV LIFALIFUNU — dagelijks bestuurder
2020
Annual accounts 2020-2,3 M €↓
2019
Annual accounts 2019529,7 k €↓
2018
Annual accounts 20182,6 M €↑
2017
Annual accounts 2017949,3 k €↓
2016
Annual accounts 20162,4 M €↑
2015
Annual accounts 20152,3 M €↑
2014
Annual accounts 20142 M €↑
2013
Annual accounts 20131,9 M €↑
2012
Annual accounts 20121,4 M €↑
2011
Annual accounts 20111,1 M €↓
2010
Annual accounts 20101,2 M €↑
2009
Annual accounts 2009778,6 k €↓
2008
Annual accounts 2008868,2 k €↑
2007
Annual accounts 2007669,2 k €
2007
Name changeKORTRIJK XPO
31/12/1966
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Xpo Group

Overview

What does Xpo Group do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline