ACTIVE

Xpect Immo

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-76,1 k €

+48.7% YoY

Gross margin

245,5 k €

+81.4% YoY

Equity

1,7 M €

-4.2% YoY

Workforce

1,0 ETP

+25.0% YoY

What does Xpect Immo do?

Xpect Immo is a Private limited company incorporated in 2015. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Leuven. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0636.758.181

Incorporation

03/09/2015

Legal form

Private limited company

Registered office

Bondgenotenlaan 116
3000 Leuven · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 70200Management consultancy activities 70220Business and other management consultancy activities 68100Buying and selling of own real estate 68110Buying and selling of own real estate+3

Joint committees (1)

Signals

Good liquidityPositive 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 9 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016
Income statement
Gross margin	245,5 k €	+81.4%	135,3 k €	-79.5%	658,9 k €	-6.4%	704 k €	-2.2%	719,9 k €	+587%	104,7 k €	-88.3%	893,8 k €	+1195%	-81,6 k €	-3941%	2,1 k €
EBITDA	183,2 k €	+273%	49,1 k €	-91.1%	548,6 k €	-2.5%	562,7 k €	-2.7%	578,5 k €	+1128%	47,1 k €	-94.5%	858,7 k €	+811%	-120,7 k €	-7720%	-1,5 k €
Operating result	59,2 k €	+31.3%	45,1 k €	-91.6%	535,4 k €	-3.1%	552,8 k €	+0.9%	548 k €	+4166%	12,8 k €	-98.4%	824,4 k €	+456%	-231,4 k €	-27.9%	-181 k €
Net result	-76,1 k €	+48.7%	-148,2 k €	-157%	258,6 k €	-20.6%	325,7 k €	+0.9%	322,7 k €	+429%	-98,1 k €	-115%	667,9 k €	+289%	-353,2 k €	-31.8%	-267,9 k €
Balance sheet
Equity	1,7 M €	-4.2%	1,8 M €	-7.5%	2 M €	+15.1%	1,7 M €	+23.5%	1,4 M €	+2750%	48,6 k €	-66.8%	146,7 k €	+128%	-521,2 k €	-210%	-167,9 k €
Total assets	6,4 M €	+13.7%	5,6 M €	-0.5%	5,7 M €	-19.4%	7 M €	+6.3%	6,6 M €	-0.2%	6,6 M €	+35.5%	4,9 M €	-10.9%	5,5 M €	+31.2%	4,2 M €
Cash	16,8 k €	+1973%	810,2 €	+12.9%	717,5 €	-93.9%	11,8 k €	-95.9%	285,8 k €	+10457%	2,7 k €	-55.1%	6 k €		–		–
Debts	4,6 M €	+22.2%	3,8 M €	+3.3%	3,7 M €	-30.5%	5,3 M €	+1.8%	5,2 M €	-20.6%	6,6 M €	+38.7%	4,7 M €	-21.2%	6 M €	+38.2%	4,3 M €
Other
Workforce	1,0 ETP	+25.0%	0,8 ETP	-46.7%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–

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 · 2 active · 6 ended

Active mandates

Horfina

Director · 0561.780.844

Represented by Dov Horny

Active

Mesure Financial Assets

Director · 0561.718.585

Represented by Koen Mesure

Active

Ended mandates

Horfina

Manager · since 01 septembre 2015 · 0561.780.844

Represented by Dovy Horny

Ended

Mesure Financial Assets

Manager · since 01 septembre 2015 · 0561.718.585

Represented by Koen Mesure

Ended

Horfina

Director · 0561.780.844

Represented by Dov HORNY

Ended

Horfina

Manager · 0561.780.844

Represented by Dovy Horny

Ended

At this address

Other companies at this address

Company	CBE no.
KD Real Estate● Active	0675.850.369
XPECT● Active	0464.660.286

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	29/06/2026	22/07/2025	08/07/2024	05/07/2023	27/06/2022	22/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	19/07/2017	Dutch	PDF

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 · 2 active · 6 ended

Active mandates

Horfina

Director · 0561.780.844

Represented by Dov Horny

Active

Mesure Financial Assets

Director · 0561.718.585

Represented by Koen Mesure

Active

Ended mandates

Horfina

Manager · since 01 septembre 2015 · 0561.780.844

Represented by Dovy Horny

Ended

Mesure Financial Assets

Manager · since 01 septembre 2015 · 0561.718.585

Represented by Koen Mesure

Ended

Horfina

Director · 0561.780.844

Represented by Dov HORNY

Ended

Horfina

Manager · 0561.780.844

Represented by Dovy Horny

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
Mandates23/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other07/09/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-76,1 k €↑
2024
Annual accounts 2024-148,2 k €↓
2023
Annual accounts 2023258,6 k €↓
2022
Annual accounts 2022325,7 k €↑
2021
Annual accounts 2021322,7 k €↑
2019
Annual accounts 2019-98,1 k €↓
2018
Annual accounts 2018667,9 k €↑
2017
Annual accounts 2017-353,2 k €↓
2016
Annual accounts 2016-267,9 k €
03/09/2015
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 Immo

Overview

What does Xpect Immo do?

Trend over 9 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