Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of EXP+ is 9.2% (elevated). The 2023 annual accounts show equity of €10k and a net result of €5k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 427 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsSignals
2 signals · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2023How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 100.0% | 21.7% | |
| Net result | €5k | €2k | |
| Equity | €10k | €21k | |
| Gross operating margin | €7k | €20k | |
| Total assets | €10k | €114k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €42k |
| EBITDA | €7k |
| Net profit | €5k |
| Cash flow | €5k |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €10k |
| Equity | €10k |
| Debt | - |
| of which ≤ 1y | - |
| of which > 1y | - |
| Working capital | - |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | 100.0% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | 43.12 |
| Gross margin | 16.5% |
| Net margin | 11.5% |
| ROA | 50.8% |
| ROE | 50.8% |
| EBITDA margin | 16.5% |
| Days sales outstanding | 39d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €78 |
| Current assets | 29/58 | €7k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €7k |
| Income statement | ||
| Turnover | 70 | €42k |
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €36 |
| Financial charges | 65 | €161 |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
Health barometer
FY 2023 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
2 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52302A0711/00R004 | Wallonia | 2.3 ha | 1 · 861 m² | 14.8 m · 3 fl. |
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 acts03-02-2025 All shares are now held by a single shareholder
Analysis
Snowflake analysis
financial profile on 5 axesExceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | EXP+ |
- 05-05-2025 Address struck