ACTIVE

XPAND

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Financial year 2025 · Closed on 31/12/2025

Net result-4,4 k €+51,7 %over 1 year
Gross margin-5,8 k €+51,8 %over 1 year
Equity362,6 k €-3,1 %over 1 year

Identity

Source · BCE/KBO

XPAND is a Private limited company incorporated in 1984. Its registered office is in Verviers.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.604.911
Incorporation
18/12/1984
Legal form
Private limited company
Registered office
Rue de France 3
4800 Verviers · WallonieSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-5,8 k €-12 k €-11,2 k €28,8 k €48,4 k €
EBITDA-5,9 k €-12,6 k €-34,1 k €22,4 k €41,6 k €
Operating result-6,1 k €-12,6 k €-34,1 k €5,9 k €25,1 k €
Net result-4,4 k €-9,2 k €-52,2 k €-5,3 k €11 k €
Balance sheet
Equity362,6 k €374 k €383,2 k €42,1 k €79,7 k €
Total assets399,6 k €431,1 k €448,6 k €331,8 k €370,9 k €
Cash198,1 k €272,2 k €363,1 k €1,2 k €427,7 €
Debts37,1 k €57,1 k €65,4 k €289,7 k €291,2 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dany PIRNAY
AssociateManager01/05/1994 → 2006 accountsendedDirector2022 accountsendedManaging director2024 accountsended
BENJAMIN PIRNAY
Director
Dany dany pirnay
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pascal HEUZE
Manager23/12/1999 → 2019 accounts
Sabrina PETTA
Associate2007 accounts

Other companies at this address

Rue de France 3 4800 Verviers
CompanyCBE no.
AGENDO● Active
0428.646.364
P.H. FINANCE● Active
0863.636.827
RADICOM SA● Active
0442.843.503
XPAND MANAGEMENT● Active
1017.681.735

Full financial information

Source · NBB
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 date30/09/202630/12/202531/10/202408/02/202426/09/202225/03/2022
General meeting02/05/202603/05/202504/05/202406/05/202316/06/202203/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/05/202630/09/2026FrenchPDF
Micro model31/12/202403/05/202530/12/2025FrenchPDF
Micro model31/12/202304/05/202431/10/2024FrenchPDF
Micro model31/12/202206/05/202308/02/2024FrenchPDF
Micro modelCorrection31/12/202116/06/202226/09/2022FrenchPDF
Micro model31/12/202116/06/202231/08/2022FrenchPDF
Micro model31/12/202003/05/202125/03/2022FrenchPDF
Micro model31/12/201917/09/202031/10/2020FrenchPDF
Micro model31/12/201804/05/201930/09/2019FrenchPDF
Micro model31/12/201705/05/201821/08/2018FrenchPDF
Micro model31/12/201606/05/201710/08/2017FrenchPDF
Abridged model31/12/201506/05/201612/08/2016FrenchPDF
Abridged model31/12/201402/05/201503/08/2015FrenchPDF
Abridged model31/12/201303/05/201429/07/2014FrenchPDF
Abridged model31/12/201204/05/201327/08/2013FrenchPDF
Abridged model31/12/201105/05/201214/08/2012FrenchPDF
Abridged model31/12/201007/05/201117/08/2011FrenchPDF
Abridged model31/12/200901/05/201005/08/2010FrenchPDF
Abridged model31/12/200802/05/200912/08/2009FrenchPDF
Abridged model31/12/200703/05/200806/08/2008FrenchPDF
Abridged model31/12/200605/05/200726/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dany PIRNAY
AssociateManager01/05/1994 → 2006 accountsendedDirector2022 accountsendedManaging director2024 accountsended
BENJAMIN PIRNAY
Director
Dany dany pirnay
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pascal HEUZE
Manager23/12/1999 → 2019 accounts
Sabrina PETTA
Associate2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office30/03/2026
    SIEGE SOCIAL
    PDF
  • Mandates14/06/2022
    MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/11/2017
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Restructuring15/01/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring09/07/2015
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office18/05/2010
    TRANSFERT DU SIEGE SOCIAL
    PDF
  • Registered office17/03/2005
    SIEGE SOCIAL
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Dany dany pirnay
BENJAMIN PIRNAY
Dany Pirnay
Pascal HEUZE
Sabrina PETTA
1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
XPAND
Rue de France 3, 4800 VerviersRue des prés 87, 4802 Heusy
Director
Director
AssociateManager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de France 3, 4800 VerviersCurrent
accounts 2025
Accounts 2025 · 2026-00539100
Rue des prés 87, 4802 Heusy
accounts 2021 → 2024
Accounts 2024 · 2026-00000333

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
XPANDCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00539100

Events

  1. 2025
    Annual accounts 2025-4,4 k €↑
  2. 2024
    Annual accounts 2024-9,2 k €↑
  3. 2023
    Annual accounts 2023-52,2 k €↓
  4. 2022
    Annual accounts 2022-5,3 k €↓
  5. 2021
    Annual accounts 202111 k €↑
  6. 2019
    Annual accounts 20197 k €↑
  7. 2018
    Annual accounts 2018-9,1 k €↓
  8. 2017
    Annual accounts 201714,8 k €↓
  9. 2016
    Annual accounts 201615,4 k €↓
  10. 2015
    Annual accounts 201526,1 k €↑
  11. 2014
    Annual accounts 201424,2 k €↓
  12. 2013
    Annual accounts 201326,3 k €↓
  13. 2012
    Annual accounts 201228,4 k €↑
  14. 2011
    Annual accounts 201114,7 k €↑
  15. 2010
    Annual accounts 201013 k €↓
  16. 2009
    Annual accounts 200920,4 k €↓
  17. 2008
    Annual accounts 200823,5 k €↓
  18. 2007
    Annual accounts 200727,2 k €↑
  19. 2006
    Annual accounts 200624,2 k €
  20. 18/12/1984
    IncorporationPrivate limited company