GLOBAL EXPANSION
ActiveSummary
GLOBAL EXPANSION has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €823k and a net result of €94k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-4
Solvency85▲+13
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.66 in 2024; short-term debt: 9.8% and cash: 21.3% of total assets), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.2%
Return on assets
6.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
1 d early
2023
1 d early
2022
35 d early
2021
4 d late
2020
16 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€823k▲ 12.9%
2024 · €729k
2019: €825k
2020: €509k
2021: €610k
2022: €552k
2023: €576k
2024: €729k
2019 → 2025
Total assets
€1.37M▼ 11.5%
2024 · €1.54M
2019: €1.80M
2020: €1.84M
2021: €1.44M
2022: €1.29M
2023: €1.37M
2024: €1.54M
2019 → 2025
Net result
€94k▼ 38.6%
2024 · €153k
2019: €134k
2020: €84k
2021: €101k
2022: €-57k
2023: €24k
2024: €153k
2019 → 2025
Working capital
€185k▲ 7.9%
2024 · €171k
2019: €-280k
2020: €-547k
2021: €-478k
2022: €-539k
2023: €14k
2024: €171k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€610k-€552k▼ 9.4%€576k▲ 4.3%€729k▲ 26.7%€823k▲ 12.9%
Operating result€142k-€-56k€25k€203k▲ 698%€126k▼ 37.7%
Net result€101k-€-57k€24k€153k▲ 550%€94k▼ 38.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€1.05M ▼ 5.8%
Current assets
€318k ▼ 26.1%
Equity and liabilities €1.37M
Equity
€823k ▲ 12.9%
Debt
€544k ▼ 33.3%
Debt's share of the balance-sheet total falls from 52.8% to 39.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€191k▼
2024 · €270k
Cash flow
€159k▼
2024 · €221k
Current ratio
2.38▲
2024 · 1.66
Debt to equity
0.66▼
2024 · 1.12
ROE
11.4%▼
2024 · 21.0%
ROA
6.9%▼
2024 · 9.9%
Interest coverage
351.73▲
2024 · 194.71
Debt ≤ 1 year
€134k▼
2024 · €259k
Debt > 1 year
€305k▼
2024 · €526k
Income taxes
€31k▼
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.37M▼
Fixed assets21/28€1.11M€1.05M▼
Tangible fixed assets22/27€1.11M€1.04M▼
Land and buildings22€1.11M€1.04M▼
Financial fixed assets28€8k€8k=
Current assets29/58€431k€318k▼
Amounts receivable within one year40/41€7k€14k▲
Trade receivables40€7k-
Other amounts receivable41-€14k
Cash at bank and in hand54/58€422k€291k▼
Deferred charges and accrued income490/1€2k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.37M▼
Equity10/15€729k€823k▲
Contributions10/11€221k€221k=
Capital10€221k€221k=
Issued capital100€221k€221k=
Reserves13€287k€287k=
Non-distributable reserves130/1€22k€22k=
Legal reserve130€22k€22k=
Distributable reserves133€265k€265k=
Profit (loss) carried forward14€221k€316k▲
Amounts payable17/49€815k€544k▼
Amounts payable after more than one year17€526k€305k▼
Other amounts payable178/9€526k€305k▼
Amounts payable within one year42/48€259k€134k▼
Current portion of amounts payable after more than one year42€64k-
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Advances received on contracts in progress46€80k€130k▲
Taxes, remuneration and social security45€48k-
Taxes450/3€48k-
Other amounts payable47/48€60k€350▼
Accrued charges and deferred income492/3€30k€105k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€65k▼
Other operating charges640/8€12k€13k▲
Gross operating margin9900€283k€204k▼
Operating profit (loss)9901€203k€126k▼
Financial charges65/66B€1k€544▼
Recurring financial charges65€1k€544▼
Profit (loss) for the period before taxes9903€201k€126k▼
Income taxes67/77€48k€31k▼
Profit (loss) for the period9904€153k€94k▼
Profit (loss) for the period to be appropriated9905€153k€94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€221k€316k▲
Profit (loss) brought forward from the previous period14P€68k€221k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €153k ▲550%
Net result €153k, the highest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
30-06
Financial
Liquidity times 9current ratio 1.07
Current ratio from 0.12 to 1.07; short-term debt falls from €610k to €187k.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-57k ▼157%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
15-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lambroekstraat 5A1831 Machelen (Brab.)Ground area
4,093 m²
Building footprint
1,240 m²
Volume, LiDAR
18,872 m³
Parcel 23015B0074/00C000, Flanders · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GLOBAL EXPANSION
since 19972.084.667.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0074/00C000 | Flanders | 4,093 m² | 1 · 1,240 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ONMAN
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Hove · Eq €821,684
IMMOBILIERE DE BOSONVAL
BE 0464.755.506
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ALLEYE
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Diksmuide · Eq €825,775
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 3,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-10-1997
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.