ACTIVE

Xplendit

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Financial year 2025 · closed on 31/12/2025
Net result
722,5 k €
-12.8% YoY
Gross margin
1,6 M €
-8.3% YoY
Equity
1,9 M €
+62.6% YoY
Workforce
5,0 ETP
0.0% YoY

What does Xplendit do?

Xplendit is a Private limited company incorporated in 2020. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0745.706.009
Incorporation
30/03/2020
Legal form
Private limited company
Registered office
Oudeleeuwenrui 48 box 4
2000 Antwerpen · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin1,6 M €1,7 M €784,4 k €317,2 k €138,2 k €26,1 k €
EBITDA1,1 M €1,2 M €506 k €205 k €86,7 k €18,8 k €
Operating result1,1 M €1,2 M €372,5 k €76,1 k €20,8 k €18,7 k €
Net result722,5 k €828,3 k €250,2 k €47,1 k €11,9 k €14,6 k €
Balance sheet
Equity1,9 M €1,2 M €325,7 k €75,5 k €28,4 k €16,6 k €
Total assets2,2 M €1,5 M €963,8 k €609,1 k €365 k €102,9 k €
Cash1,4 M €687,8 k €233,4 k €136,9 k €167,6 k €2,2 k €
Debts321 k €340 k €638 k €533,6 k €336,5 k €86,3 k €
Other
Workforce5,0 ETP5,0 ETP–2,4 ETP1,3 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

ExplendIT

Persoon belast met dagelijks bestuur · since 04 novembre 2022 · until 31 janvier 2026 · 0677.977.837

Represented by Maarten FOLLAETS

Active
FOREST SOLUTIONS

Persoon belast met dagelijks bestuur · 0672.550.785

Represented by Wout VERGAUWEN

Active
Patch My PC Belgium

Director · 0793.214.233

Represented by Justin CHALFANT

Active

Ended mandates

ExplendIT

Managing director · 0677.977.837

Represented by Maarten Follaets

Ended
ExplendIT

Persoon belast met dagelijks bestuur · 0677.977.837

Represented by Maarten FOLLAETS

Ended
FOREST SOLUTIONS

Managing director · 0672.550.785

Represented by Wout Vergauwen

Ended
FOREST SOLUTIONS

Managing director · 0672.550.785

Represented by Wout Vergauwen

Ended
At this address

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0724.847.247
Patch My PC Belgium● Active
0793.214.233
PRIMARY RESOURCES● Active
0806.454.733
STORRE CONSULT● Active
0892.794.730
VAN KUKIL EUROPE● Active
0758.741.522
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202130/03/2020
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 months10 months
Filing date28/08/202614/07/202517/07/202407/07/202315/07/202209/07/2021
General meeting30/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/08/2026DutchPDF
Abridged model31/12/202420/06/202514/07/2025DutchPDF
Abridged model31/12/202321/06/202417/07/2024DutchPDF
Abridged model31/12/202216/06/202307/07/2023DutchPDF
Abridged model31/12/202117/06/202215/07/2022DutchPDF
Abridged model31/12/202018/06/202109/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 4 ended

Active mandates

ExplendIT

Persoon belast met dagelijks bestuur · since 04 novembre 2022 · until 31 janvier 2026 · 0677.977.837

Represented by Maarten FOLLAETS

Active
FOREST SOLUTIONS

Persoon belast met dagelijks bestuur · 0672.550.785

Represented by Wout VERGAUWEN

Active
Patch My PC Belgium

Director · 0793.214.233

Represented by Justin CHALFANT

Active

Ended mandates

ExplendIT

Managing director · 0677.977.837

Represented by Maarten Follaets

Ended
ExplendIT

Persoon belast met dagelijks bestuur · 0677.977.837

Represented by Maarten FOLLAETS

Ended
FOREST SOLUTIONS

Managing director · 0672.550.785

Represented by Wout Vergauwen

Ended
FOREST SOLUTIONS

Managing director · 0672.550.785

Represented by Wout Vergauwen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/04/2020
    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

Timeline

  1. 2025
    Annual accounts 2025722,5 k €↓
  2. 2024
    Annual accounts 2024828,3 k €↑
  3. 2023
    Annual accounts 2023250,2 k €↑
  4. 2022
    Annual accounts 202247,1 k €↑
  5. 2021
    Annual accounts 202111,9 k €↓
  6. 2020
    Annual accounts 202014,6 k €
  7. 30/03/2020
    IncorporationPrivate limited company