ACTIVE

Xpo Group

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Financial year 2025 · Closed on 31/12/2025

Net result3,4 M €-44,2 %over 1 year
Revenue31,3 M €-0,8 %over 1 year
Equity33,8 M €+11,2 %over 1 year
Workforce110,8 ETP+7,8 %over 1 year

Identity

Source · BCE/KBO

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)
  • 126
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue31,3 M €31,6 M €26,6 M €21,9 M €11,9 M €
EBITDA2,9 M €4,8 M €2,7 M €4,2 M €-445,7 k €
Operating result2,2 M €4,1 M €1,9 M €3 M €-1,5 M €
Net result3,4 M €6,1 M €3,5 M €3,7 M €-1,9 M €
Balance sheet
Equity33,8 M €30,4 M €24,5 M €22 M €18,3 M €
Total assets71,9 M €40,8 M €39,8 M €29,1 M €29,5 M €
Cash5,1 M €1,6 M €5,2 M €13,9 M €10,2 M €
Debts37,9 M €10,4 M €15,2 M €4,5 M €3,7 M €
Other
Workforce110,8 ETP102,8 ETP94,1 ETP86,1 ETP77,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

Other companies at this address

Doorniksesteenweg(Kor) 216 8500 Kortrijk
CompanyCBE 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

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202609/05/202526/04/202428/04/202310/05/202203/05/2021
General meeting11/06/202624/04/202525/04/202427/04/202302/05/202229/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/06/202622/06/2026DutchPDF
Full model31/12/202424/04/202509/05/2025DutchPDF
Full model31/12/202325/04/202426/04/2024DutchPDF
Full model31/12/202227/04/202328/04/2023DutchPDF
Full model31/12/202102/05/202210/05/2022DutchPDF
Full model31/12/202029/04/202103/05/2021DutchPDF
Full model31/12/201930/04/202004/05/2020DutchPDF
Full model31/12/201825/04/201929/04/2019DutchPDF
Full model31/12/201726/04/201827/04/2018DutchPDF
Full model31/12/201627/04/201702/05/2017DutchPDF
Full model31/12/201531/03/201604/04/2016DutchPDF
Full model31/12/201426/03/201527/03/2015DutchPDF
Full model31/12/201327/03/201428/03/2014DutchPDF
Full model31/12/201228/03/201310/04/2013DutchPDF
Full model31/12/201129/03/201211/04/2012DutchPDF
Full model31/12/201031/03/201111/04/2011DutchPDF
Full model31/12/200925/03/201026/03/2010DutchPDF
Full model31/12/200826/03/200901/04/2009DutchPDF
Full model31/12/200727/03/200831/03/2008DutchPDF
Full model31/12/200629/03/200730/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

  1. 12/05/2026
    reduction_capital
  2. 2025
    Annual accounts 20253,4 M €↓
  3. 24/04/2025
    nominationNV CALLENS VANDELANOTTE — commissaris tot het goedkeuren van de geconsolideerde jaarrekening
  4. 24/04/2025
    reduction_capital
  5. 2024
    Annual accounts 20246,1 M €↑
  6. 05/09/2024
    nominationLiesbeth Nizet — bestuurder
  7. 25/04/2024
    reconductionNV CALLENS VANDELANOTTE — commissaris
  8. 25/04/2024
    nominationFrank Vandelanotte — vaste vertegenwoordiger
  9. 2023
    Annual accounts 20233,5 M €↓
  10. 09/05/2023
    reduction_capital
  11. 27/04/2023
    reconductionStefaan Matton — bestuurder
  12. 27/04/2023
    reconductionChristian Lecluyse — bestuurder
  13. 27/04/2023
    reconductionPhilippe D'heygere — bestuurder
  14. 27/04/2023
    reconductionJozef Lievens — bestuurder
  15. 27/04/2023
    reconductionJoris Claeys — bestuurder
  16. 27/04/2023
    reconductionRoel Vandommele — bestuurder
  17. 2023
    Name changeXPO GROUP
  18. 2022
    Annual accounts 20223,7 M €↑
  19. 2021
    Annual accounts 2021-1,9 M €↑
  20. 17/03/2021
    nominationBV LIFALIFUNU — dagelijks bestuurder
  21. 2020
    Annual accounts 2020-2,3 M €↓
  22. 2019
    Annual accounts 2019529,7 k €↓
  23. 2018
    Annual accounts 20182,6 M €↑
  24. 2017
    Annual accounts 2017949,3 k €↓
  25. 2016
    Annual accounts 20162,4 M €↑
  26. 2015
    Annual accounts 20152,3 M €↑
  27. 2014
    Annual accounts 20142 M €↑
  28. 2013
    Annual accounts 20131,9 M €↑
  29. 2012
    Annual accounts 20121,4 M €↑
  30. 2011
    Annual accounts 20111,1 M €↓
  31. 2010
    Annual accounts 20101,2 M €↑
  32. 2009
    Annual accounts 2009778,6 k €↓
  33. 2008
    Annual accounts 2008868,2 k €↑
  34. 2007
    Annual accounts 2007669,2 k €
  35. 2007
    Name changeKORTRIJK XPO
  36. 31/12/1966
    IncorporationPrivate limited company