ACTIVE

EXPAT & C°

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

320,4 k €

-14.9% YoY

Gross margin

783 k €

+17.4% YoY

Equity

263,6 k €

-58.4% YoY

Workforce

4,0 ETP

+73.9% YoY

What does EXPAT & C° do?

EXPAT & C° is a Private limited company incorporated in 1996. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Ternat. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.352.624

Incorporation

20/02/1996

Legal form

Private limited company

Registered office

Assesteenweg 65
1740 Ternat · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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
Gross margin	783 k €	+17.4%	666,9 k €	-11.3%	752,3 k €	+61.6%	465,5 k €	+108%	224,2 k €	-9.8%	248,7 k €	+5.1%	236,7 k €	-3.3%	244,7 k €	-6.6%	262,1 k €	+75.6%	149,3 k €	-26.0%	201,7 k €	+88.0%	107,3 k €	+164%	40,6 k €	-43.6%	72,1 k €	+443%	-21 k €	-184%	25 k €	+300%	-12,5 k €	-270%	7,3 k €	+401%	-2,4 k €
EBITDA	524,2 k €	-4.5%	549,1 k €	-13.2%	632,8 k €	+93.0%	328 k €	+231%	99 k €	-31.5%	144,5 k €	+5.3%	137,2 k €	+102%	67,9 k €	-54.2%	148,2 k €	+105%	72,4 k €	-44.1%	129,6 k €	+156%	50,7 k €	+42.7%	35,5 k €	-50.3%	71,5 k €	+446%	-20,7 k €	-187%	23,7 k €	+266%	-14,2 k €	-379%	5,1 k €	+253%	-3,3 k €
Operating result	428,6 k €	-6.4%	457,9 k €	-17.6%	555,5 k €	+122%	249,9 k €	+575%	37 k €	-61.5%	96 k €	+11.7%	86 k €	+137%	36,2 k €	-71.6%	127,5 k €	+191%	43,8 k €	-51.4%	90,2 k €	+821%	9,8 k €	+26.5%	7,7 k €	-83.5%	47 k €	+204%	-45 k €	-533%	10,4 k €	+148%	-21,6 k €	-874%	2,8 k €	+173%	-3,8 k €
Net result	320,4 k €	-14.9%	376,6 k €	-12.6%	430,8 k €	+488%	73,2 k €	+150%	29,3 k €	-61.5%	76,1 k €	+16.7%	65,2 k €	+183%	23,1 k €	-70.8%	79 k €	+195%	26,8 k €	-70.2%	89,7 k €	+2926%	3 k €	+112%	1,4 k €	-96.7%	42,4 k €	+184%	-50,5 k €	-802%	7,2 k €	+132%	-22,5 k €	-465%	6,2 k €	+238%	-4,5 k €
Balance sheet
Equity	263,6 k €	-58.4%	633,7 k €	+146%	257,1 k €	0.0%	257,1 k €	+39.8%	183,9 k €	+18.9%	154,7 k €	+3.1%	150 k €	-16.9%	180,6 k €	+14.6%	157,5 k €	+101%	78,5 k €	-3.7%	81,5 k €	+1095%	-8,2 k €	+26.6%	-11,2 k €	+11.2%	-12,6 k €	+77.2%	-55 k €	-1119%	-4,5 k €	+61.5%	-11,7 k €	-208%	10,8 k €	+132%	4,7 k €
Total assets	3,1 M €	-0.9%	3,1 M €	+15.5%	2,7 M €	+15.9%	2,3 M €	+13.7%	2,1 M €	+56.0%	1,3 M €	-13.9%	1,5 M €	-35.2%	2,4 M €	+54.9%	1,5 M €	+5.2%	1,4 M €	+61.1%	898 k €	+70.2%	527,5 k €	+38.0%	382,3 k €	+8.1%	353,8 k €	-7.7%	383,4 k €	+45.7%	263,2 k €	+39.9%	188,1 k €	+426%	35,8 k €	+382%	7,4 k €
Cash	2,1 M €	+5.3%	2 M €	+23.3%	1,6 M €	+29.7%	1,3 M €	+45.5%	871,8 k €	-9.6%	964,6 k €	-20.3%	1,2 M €	-42.8%	2,1 M €	+59.1%	1,3 M €	+7.6%	1,2 M €	+93.0%	640 k €	+162%	244,2 k €	+100%	122 k €	+278%	32,3 k €	-58.2%	77,2 k €	-41.8%	132,6 k €	+12.9%	117,4 k €	+1716%	6,5 k €	+148%	2,6 k €
Debts	2,8 M €	+13.7%	2,5 M €	+1.7%	2,4 M €	+17.9%	2,1 M €	+11.2%	1,9 M €	+60.9%	1,2 M €	-15.8%	1,4 M €	-36.7%	2,2 M €	+59.5%	1,4 M €	-0.2%	1,4 M €	+67.6%	816,3 k €	+52.4%	535,7 k €	+36.1%	393,5 k €	+7.4%	366,3 k €	-16.4%	438,4 k €	+64.7%	266,2 k €	+34.3%	198,3 k €	+746%	23,4 k €	+753%	2,7 k €
Other
Workforce	4,0 ETP	+73.9%	2,3 ETP	+21.1%	1,9 ETP	-5.0%	2,0 ETP	-25.9%	2,7 ETP	0.0%	2,7 ETP	-10.0%	3,0 ETP		–		–		–		1,2 ETP	0.0%	1,2 ETP		–		–		–		–		0,1 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Filip Declercq

Manager

Active

Ended mandates

Filip Declercq

Persoon belast met dagelijks bestuur · since 10 octobre 2023 · until 10 octobre 2025

Ended

Sandra Merckx

Persoon belast met dagelijks bestuur · since 10 octobre 2023 · until 10 avril 2024

Ended

Isabelle Moins

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ANSWARE● Liquidation	0446.868.409
ARMASOFT● Liquidation	0447.549.486
ASSOCIATION BELGE ANTI-CONTREFACON - BELGISCHE ASSOCIATIE ANTI-NAMAAK● Active	0455.242.873
BAUDER● Active	1010.161.661
BELFORCE IMPEX● Bankrupt	0746.986.805
DEKO● Bankrupt	0893.401.177
FENIKS EVENTS● Active	0776.862.310
Group Urbi● Active	0446.662.036
GrowthGroup● Active	1010.345.268
JEAN LAFITTE● Active	0429.970.613
JEMATAX AIRWAY SERVICES● Active	1033.641.896
Lievens Group● Active	0798.551.114
MA-CONSULTING● Active	0759.908.589
Miccaro● Active	0642.933.222
MONDIAL GIFTS● Active	0419.884.987
NIAGARA BOUW● Active	1008.953.913
NOVA-LUX● Active	1002.092.845
POWER XXL CONSTRUCTION● Active	0606.959.187
REAL BOUW● Active	0798.960.690
SERVICE COMPANY● Active	0424.284.136

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	31/10/2024	03/08/2023	20/08/2022	29/10/2021
General meeting	26/06/2026	25/06/2025	25/06/2024	25/06/2023	25/06/2022	25/06/2021
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
Abridged model	31/12/2025	26/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	31/10/2024	Dutch	PDF
Abridged model	31/12/2022	25/06/2023	03/08/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	20/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	30/09/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	31/08/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2015	23/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	01/10/2014	Dutch	PDF
Abridged model	31/12/2012	23/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	23/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	26/09/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	02/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 3 ended

Active mandates

Filip Declercq

Manager

Active

Ended mandates

Filip Declercq

Persoon belast met dagelijks bestuur · since 10 octobre 2023 · until 10 octobre 2025

Ended

Sandra Merckx

Persoon belast met dagelijks bestuur · since 10 octobre 2023 · until 10 avril 2024

Ended

Isabelle Moins

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/09/2024
KAPITAAL - AANDELEN
PDF
Other16/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates18/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/09/2006
BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025320,4 k €↓
2024
Annual accounts 2024376,6 k €↓
2023
Annual accounts 2023430,8 k €↑
2022
Annual accounts 202273,2 k €↑
2021
Annual accounts 202129,3 k €↓
2020
Annual accounts 202076,1 k €↑
2019
Annual accounts 201965,2 k €↑
2018
Annual accounts 201823,1 k €↓
2017
Annual accounts 201779 k €↑
2016
Annual accounts 201626,8 k €↓
2015
Annual accounts 201589,7 k €↑
2014
Annual accounts 20143 k €↑
2013
Annual accounts 20131,4 k €↓
2012
Annual accounts 201242,4 k €↑
2011
Annual accounts 2011-50,5 k €↓
2010
Annual accounts 20107,2 k €↑
2009
Annual accounts 2009-22,5 k €↓
2008
Annual accounts 20086,2 k €↑
2007
Annual accounts 2007-4,5 k €
20/02/1996
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

EXPAT & C°

Overview

What does EXPAT & C° 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