ACTIVE

XPECT

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

232,2 k €

+340.5% YoY

Gross margin

264 k €

+145.6% YoY

Equity

848,2 k €

+37.7% YoY

Workforce

0,0 ETP

What does XPECT do?

XPECT is a Private limited company incorporated in 1998. Its main activity is: Wholesale of other household goods. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.660.286

Incorporation

25/11/1998

Legal form

Private limited company

Registered office

Bondgenotenlaan 116
3000 Leuven · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

46499Wholesale of other household goods· main 46499Wholesale of other household goods 51476Air transport 46341Wholesale of beverages 46341Wholesale of beverages 46496Wholesale of other household goods+5

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	264 k €	+146%	107,5 k €	+43.4%	75 k €		–		–		–		–		–		–		764,6 k €	-5.2%	806,1 k €	+5.8%	761,7 k €	-1.6%	774,4 k €	+60.6%	482,2 k €	-8.2%	525,2 k €	+57.4%	333,7 k €	+42.9%	233,5 k €	-18.8%	287,4 k €	+53.5%	187,2 k €
EBITDA	256,4 k €	+145%	104,9 k €	+138%	44,1 k €	+176%	-58,3 k €	+73.7%	-222 k €	-166%	336,7 k €	-1.8%	342,9 k €	+19.1%	288 k €	-42.6%	501,7 k €	-4.3%	524,2 k €	-4.3%	547,5 k €	+36.7%	400,4 k €	-15.5%	473,9 k €	+86.5%	254,1 k €	-16.4%	303,8 k €	+58.7%	191,5 k €	+107%	92,3 k €	-27.7%	127,7 k €	+29.3%	98,7 k €
Operating result	233,1 k €	+336%	53,5 k €	+843%	-7,2 k €	+94.2%	-124,7 k €	+14.3%	-145,5 k €	-214%	127,8 k €	-20.3%	160,3 k €	-23.7%	210 k €	-49.2%	413,3 k €	-9.2%	455,2 k €	+2.7%	443,4 k €	+85.1%	239,5 k €	-22.0%	307 k €	+156%	120,1 k €	-43.7%	213,4 k €	+15.1%	185,4 k €	+128%	81,2 k €	-25.5%	109 k €	+34.3%	81,1 k €
Net result	232,2 k €	+340%	52,7 k €	+413%	-16,8 k €	+85.1%	-113,3 k €	+43.0%	-198,7 k €	-4809%	-4 k €	-272%	2,4 k €	+110%	-22,6 k €	-161%	36,9 k €	-87.5%	294,8 k €	+95.6%	150,7 k €	+361%	32,7 k €	-71.0%	112,7 k €	+1068%	-11,6 k €	-123%	50,6 k €	+518%	8,2 k €	+123%	-35,4 k €	-187%	40,9 k €	+44.8%	28,2 k €
Balance sheet
Equity	848,2 k €	+37.7%	616 k €	+9.4%	563,3 k €	-2.9%	580,2 k €	-16.3%	693,4 k €	+1.1%	685,9 k €	-0.6%	690 k €	+0.3%	687,6 k €	-3.2%	710,2 k €	+5.5%	673,3 k €	+77.9%	378,4 k €	+66.2%	227,7 k €	+16.8%	195 k €	+137%	82,3 k €	-12.4%	93,9 k €	+117%	43,4 k €	+23.3%	35,2 k €	-50.2%	70,6 k €	+138%	29,7 k €
Total assets	1,2 M €	-1.6%	1,2 M €	+4.7%	1,2 M €	-23.7%	1,5 M €	-52.3%	3,2 M €	-47.4%	6,2 M €	-24.9%	8,2 M €	+47.7%	5,5 M €	-4.2%	5,8 M €	-5.6%	6,1 M €	+52.0%	4 M €	+6.2%	3,8 M €	-11.4%	4,3 M €	+25.2%	3,4 M €	+7.0%	3,2 M €	+114%	1,5 M €	+12.5%	1,3 M €	-13.6%	1,5 M €	+181%	550,4 k €
Cash	12 k €	-25.7%	16,1 k €	+1026%	1,4 k €	-94.3%	25,1 k €	-98.2%	1,4 M €	+6.9%	1,3 M €	+106%	626 k €	+216%	197,8 k €	-86.4%	1,5 M €	+20.4%	1,2 M €	+442%	223,2 k €	-37.3%	356,2 k €	+550%	54,8 k €	-82.1%	305,5 k €	+367%	65,4 k €	+249%	18,7 k €	+302%	4,7 k €	-97.9%	222,7 k €	+92.6%	115,6 k €
Debts	355,7 k €	-41.4%	607,2 k €	+0.1%	606,7 k €	-36.5%	955,8 k €	-62.0%	2,5 M €	-53.9%	5,5 M €	-26.9%	7,5 M €	+55.0%	4,8 M €	-3.0%	5 M €	-9.1%	5,5 M €	+49.3%	3,7 M €	+2.3%	3,6 M €	-12.8%	4,1 M €	+22.8%	3,3 M €	+7.2%	3,1 M €	+114%	1,5 M €	+15.1%	1,3 M €	-14.1%	1,5 M €	+189%	510,5 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP	-100%	1,7 ETP	-67.3%	5,2 ETP	-40.9%	8,8 ETP	+6.0%	8,3 ETP	+23.9%	6,7 ETP	+6.3%	6,3 ETP	+37.0%	4,6 ETP	+9.5%	4,2 ETP	-25.0%	5,6 ETP	+9.8%	5,1 ETP	+18.6%	4,3 ETP	+7.5%	4,0 ETP	+33.3%	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	+22.2%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Horfina

Director · 0561.780.844

Represented by Dovi HORNY

Active

Mesure Financial Assets

Director · 0561.718.585

Represented by Koen MESURE

Active

Ended mandates

Horfina

Manager · since 02 mai 2015 · 0561.780.844

Represented by Dov Horny

Ended

Mesure Financial Assets

Manager · since 02 mai 2015 · 0561.718.585

Represented by Koen Mesure

Ended

Koen Mesure

Manager · since 01 janvier 2004 · until 02 mai 2015

Ended

Koen Mesure

Manager · since 01 janvier 2004

Ended

At this address

Other companies at this address

Company	CBE no.
KD Real Estate● Active	0675.850.369
Xpect Immo● Active	0636.758.181

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	30/06/2026	23/06/2025	10/07/2024	06/07/2023	19/07/2022	25/06/2021
General meeting	23/06/2026	24/05/2025	13/06/2024	30/06/2023	30/06/2022	24/06/2021
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	23/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	13/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	02/09/2020	28/09/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	15/09/2018	25/09/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/05/2016	11/05/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	20/05/2015	Dutch	PDF
Abridged model	31/12/2013	03/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	08/05/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	08/05/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	10/05/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	13/05/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 10 ended

Active mandates

Horfina

Director · 0561.780.844

Represented by Dovi HORNY

Active

Mesure Financial Assets

Director · 0561.718.585

Represented by Koen MESURE

Active

Ended mandates

Horfina

Manager · since 02 mai 2015 · 0561.780.844

Represented by Dov Horny

Ended

Mesure Financial Assets

Manager · since 02 mai 2015 · 0561.718.585

Represented by Koen Mesure

Ended

Koen Mesure

Manager · since 01 janvier 2004 · until 02 mai 2015

Ended

Koen Mesure

Manager · since 01 janvier 2004

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/10/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/10/2010
wijziging maatschappelijke zetel
PDF
Mandates26/01/2004
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

2025
Annual accounts 2025232,2 k €↑
2024
Annual accounts 202452,7 k €↑
2023
Annual accounts 2023-16,8 k €↑
2022
Annual accounts 2022-113,3 k €↑
2021
Annual accounts 2021-198,7 k €↓
2019
Annual accounts 2019-4 k €↓
2018
Annual accounts 20182,4 k €↑
2017
Annual accounts 2017-22,6 k €↓
2016
Annual accounts 201636,9 k €↓
2015
Annual accounts 2015294,8 k €↑
2014
Annual accounts 2014150,7 k €↑
2013
Annual accounts 201332,7 k €↓
2012
Annual accounts 2012112,7 k €↑
2011
Annual accounts 2011-11,6 k €↓
2010
Annual accounts 201050,6 k €↑
2009
Annual accounts 20098,2 k €↑
2008
Annual accounts 2008-35,4 k €↓
2007
Annual accounts 200740,9 k €↑
2006
Annual accounts 200628,2 k €
25/11/1998
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

XPECT

Overview

What does XPECT 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