ACTIVE

Expanse

Financial year 2025 · closed on 31/12/2025
Net result
6,7 k €
+423.5% YoY
Gross margin
37,4 k €
+1435.4% YoY
Equity
-29,8 k €
+18.4% YoY

What does Expanse do?

Expanse is a Private company with limited liability incorporated in 1982. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.461.022
Incorporation
31/12/1982
Legal form
Private company with limited liability
Registered office
Rue de Cologne 41
1030 Schaerbeek · BruxellesSee on map
Contributed capital
29 800,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin37,4 k €2,4 k €4,4 k €14,9 k €3,1 k €4 k €-530,7 €-760,1 €-3,8 k €-4,1 k €3,9 k €6,9 k €3,8 k €426,6 €5,6 k €1,8 k €3,7 k €500,9 €10,6 k €7,6 k €
EBITDA10 k €2,3 k €4 k €14,6 k €2,9 k €3,8 k €-742,7 €-7,5 k €-4,1 k €-4,4 k €3,5 k €6,6 k €3 k €-310,6 €5,3 k €1,1 k €3,4 k €130 €10,2 k €7,1 k €
Operating result10 k €2,3 k €4 k €14,1 k €2,4 k €3,2 k €-1,3 k €-8,1 k €-4,4 k €-4,7 k €3,2 k €5,3 k €1,7 k €-2,2 k €4,5 k €219,2 €2,9 k €-364 €9,7 k €6,6 k €
Net result6,7 k €1,3 k €3,9 k €14 k €2,3 k €3,1 k €-1,3 k €-8,2 k €-4,6 k €-4,8 k €2,3 k €3,9 k €1,6 k €-2,3 k €3 k €16,5 €1 k €-497,1 €9,6 k €6,4 k €
Balance sheet
Equity-29,8 k €-36,6 k €-37,9 k €-41,8 k €-55,8 k €-58,1 k €-61,2 k €-59,9 k €-51,7 k €-47,1 k €-42,3 k €-44,6 k €-48,6 k €-50,2 k €-47,9 k €-51 k €-51 k €-52 k €-51,5 k €-61,1 k €
Total assets93,2 k €37,7 k €17,2 k €25,4 k €20,2 k €19,7 k €17,2 k €21,2 k €23,9 k €27,9 k €23,2 k €39,5 k €28,7 k €18,4 k €18,4 k €17,9 k €16,1 k €16,5 k €24,7 k €21,4 k €
Cash39,4 k €5,9 k €16,8 k €10,9 k €3,9 k €2,6 k €2 k €3,9 k €317 €4,2 k €120,7 €22,6 k €9,8 k €407,8 €965,8 €1,9 k €991,4 €1,7 k €9,6 k €7,1 k €
Debts123 k €74,3 k €55,1 k €67,2 k €76 k €77,8 k €78,4 k €81 k €75,6 k €75,1 k €65,6 k €84,1 k €77,3 k €68,6 k €66,3 k €68,8 k €67,1 k €68,5 k €76,2 k €82,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

MEHDI BEN FADHEL

Mandate

Active

Ended mandates

Didier NIELSEN

Administrator - manager

Ended
Didier NIELSEN

Manager

Ended
MEHDI BEN DADHEL

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
0463.707.411
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date16/09/202629/08/202512/04/202423/05/202301/06/202228/04/2021
General meeting26/06/202625/03/202526/03/202425/04/202326/04/202227/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202616/09/2026FrenchPDF
Micro model31/12/202425/03/202529/08/2025FrenchPDF
Micro model31/12/202326/03/202412/04/2024FrenchPDF
Micro model31/12/202225/04/202323/05/2023FrenchPDF
Micro model31/12/202126/04/202201/06/2022FrenchPDF
Micro model31/12/202027/04/202128/04/2021FrenchPDF
Micro model31/12/201928/04/202004/05/2020FrenchPDF
Micro model31/12/201830/04/201929/05/2019FrenchPDF
Micro model31/12/201724/04/201826/07/2018FrenchPDF
Micro model31/12/201625/04/201703/08/2017FrenchPDF
Abridged model31/12/201526/04/201627/05/2016FrenchPDF
Abridged model31/12/201426/05/201501/07/2015FrenchPDF
Abridged model31/12/201329/04/201408/05/2014FrenchPDF
Abridged model31/12/201230/04/201320/06/2013FrenchPDF
Abridged model31/12/201124/04/201216/08/2012FrenchPDF
Abridged model31/12/201026/04/201126/07/2011FrenchPDF
Abridged model31/12/200927/06/201012/08/2010FrenchPDF
Abridged model31/12/200828/04/200925/05/2009FrenchPDF
Abridged model31/12/200729/04/200827/05/2008FrenchPDF
Abridged model31/12/200624/04/200722/05/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 3 ended

Active mandates

MEHDI BEN FADHEL

Mandate

Active

Ended mandates

Didier NIELSEN

Administrator - manager

Ended
Didier NIELSEN

Manager

Ended
MEHDI BEN DADHEL

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2024
    DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office23/07/2018
    SIEGE SOCIAL
    PDF
  • Mandates08/07/2005
    DENOMINATION - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 2025
    Annual accounts 20256,7 k €
  2. 2024
    Annual accounts 20241,3 k €
  3. 2024
    Name changeExpanse
  4. 2023
    Annual accounts 20233,9 k €
  5. 2022
    Annual accounts 202214 k €
  6. 2021
    Annual accounts 20212,3 k €
  7. 2021
    Name changeAUDIO EUROP
  8. 2020
    Annual accounts 20203,1 k €
  9. 2019
    Annual accounts 2019-1,3 k €
  10. 2018
    Annual accounts 2018-8,2 k €
  11. 2017
    Annual accounts 2017-4,6 k €
  12. 2016
    Annual accounts 2016-4,8 k €
  13. 2015
    Annual accounts 20152,3 k €
  14. 2014
    Annual accounts 20143,9 k €
  15. 2013
    Annual accounts 20131,6 k €
  16. 2012
    Annual accounts 2012-2,3 k €
  17. 2011
    Annual accounts 20113 k €
  18. 2010
    Annual accounts 201016,5 €
  19. 2009
    Annual accounts 20091 k €
  20. 2008
    Annual accounts 2008-497,1 €
  21. 2007
    Annual accounts 20079,6 k €
  22. 2006
    Annual accounts 20066,4 k €
  23. 31/12/1982
    IncorporationPrivate company with limited liability