ABSIL XANTHIPPE
ActiveSummary
ABSIL XANTHIPPE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €282,141 and a net result of €56,369. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+12
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 5.9 against 3.54 in 2023; short-term debt: 16.1% and cash: 65.8% of total assets), and 16.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
26 d early
2022
6 d early
2021
25 d early
2020
40 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€282,141▼ 22.3%
2023 · €363,171
Total assets
€336,208▼ 32.5%
2023 · €498,360
Net result
€56,369▲ 51.3%
2023 · €37,261
Working capital
€265,103▼ 22.9%
2023 · €343,679
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€51,471▲ 66.9%€42,714▼ 17.0%€28,742▼ 32.7%€49,688▲ 72.9%€74,794▲ 50.5%
Net result€40,270▲ 66.5%€30,238▼ 24.9%€21,053▼ 30.4%€37,261▲ 77.0%€56,369▲ 51.3%
Equity€345,619▲ 13.2%€375,857▲ 8.7%€396,910▲ 5.6%€363,171▼ 8.5%€282,141▼ 22.3%
Total assets€437,678▲ 24.8%€440,657▲ 0.7%€464,334▲ 5.4%€498,360▲ 7.3%€336,208▼ 32.5%
Debt€92,059▲ 103%€64,800▼ 29.6%€67,423▲ 4.0%€135,188▲ 101%€54,068▼ 60.0%
Working capital€296,774▲ 14.0%€336,194▲ 13.3%€364,567▲ 8.4%€343,679▼ 5.7%€265,103▼ 22.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 51% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €336,208
Fixed assets
€17,038 ▼ 12.6%
Current assets
€319,170 ▼ 33.3%
Equity and liabilities €336,208
Equity
€282,141 ▼ 22.3%
Debt
€54,068 ▼ 60.0%
Debt's share of the balance-sheet total falls from 27.1% to 16.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€86,767▲
2023 · €70,141
Cash flow
€68,343▲
2023 · €57,713
Current ratio
5.90▲
2023 · 3.54
Quick ratio
4.24▲
2023 · 2.94
Debt to equity
0.19▼
2023 · 0.37
ROE
20.0%▲
2023 · 10.3%
ROA
16.8%▲
2023 · 7.5%
Interest coverage
77.36▲
2023 · 48.30
Debt ≤ 1 year
€54,068▼
2023 · €135,188
Income taxes
€21,922▲
2023 · €15,060
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,876 | €22,342 | €20,652 | €20,452 | €11,973 | ▼ 41.5% |
| Other operating charges640/8 | - | €636 | €582 | €789 | €1,517 | ▲ 92.4% |
| Gross operating margin9900 | €71,727 | €65,692 | €49,976 | €70,929 | €88,285 | ▲ 24.5% |
| Operating profit (loss)9901 | €51,471 | €42,714 | €28,742 | €49,688 | €74,794 | ▲ 50.5% |
| Financial income75/76B | - | €2,503 | €2,405 | €4,084 | €4,619 | ▲ 13.1% |
| Recurring financial income75 | €2,633 | €2,503 | €2,405 | €4,084 | €4,619 | ▲ 13.1% |
| Financial charges65/66B | - | €494 | €1,318 | €1,452 | €1,122 | ▼ 22.8% |
| Recurring financial charges65 | €944 | €494 | €1,318 | €1,452 | €1,122 | ▼ 22.8% |
| Profit (loss) for the period before taxes9903 | €53,160 | €44,723 | €29,830 | €52,321 | €78,291 | ▲ 49.6% |
| Income taxes67/77 | €12,890 | €14,485 | €8,776 | €15,060 | €21,922 | ▲ 45.6% |
| Profit (loss) for the period9904 | €40,270 | €30,238 | €21,053 | €37,261 | €56,369 | ▲ 51.3% |
| Transfer from tax-exempt reserves789 | - | €8,500 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €40,270 | €38,738 | €21,053 | €37,261 | €56,369 | ▲ 51.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €437,678 | €440,657 | €464,334 | €498,360 | €336,208 | ▼ 32.5% |
| Fixed assets21/28 | €80,918 | €58,551 | €37,925 | €19,493 | €17,038 | ▼ 12.6% |
| Tangible fixed assets22/27 | €80,893 | €58,551 | €37,900 | €19,468 | €17,013 | ▼ 12.6% |
| Land and buildings22 | - | €21,797 | €11,908 | €4,239 | €6,073 | ▲ 43.3% |
| Plant, machinery and equipment23 | - | €743 | €520 | €297 | €6,548 | ▲ 2,102% |
| Furniture and vehicles24 | - | €36,011 | €25,471 | €14,931 | €4,392 | ▼ 70.6% |
| Financial fixed assets28 | €25 | - | €25 | €25 | €25 | = |
| Current assets29/58 | €356,760 | €382,106 | €426,409 | €478,867 | €319,170 | ▼ 33.3% |
| Amounts receivable after more than one year29 | - | €25 | - | - | - | - |
| Other amounts receivable291 | - | €25 | - | - | - | - |
| Stocks and contracts in progress3 | €69,960 | €66,406 | €64,945 | €81,393 | €89,736 | ▲ 10.2% |
| Stocks30/36 | - | €66,406 | €64,945 | €81,393 | €89,736 | ▲ 10.2% |
| Amounts receivable within one year40/41 | €820 | €4,329 | €12,816 | €15,568 | €5,744 | ▼ 63.1% |
| Trade receivables40 | - | €2,110 | €9,480 | €12,239 | €5,744 | ▼ 53.1% |
| Other amounts receivable41 | - | €2,219 | €3,337 | €3,329 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €275,688 | €310,737 | €343,890 | €375,410 | €221,150 | ▼ 41.1% |
| Deferred charges and accrued income490/1 | - | €609 | €4,758 | €6,496 | €2,541 | ▼ 60.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €437,678 | €440,657 | €464,334 | €498,360 | €336,208 | ▼ 32.5% |
| Equity10/15 | €345,619 | €375,857 | €396,910 | €363,171 | €282,141 | ▼ 22.3% |
| Contributions10/11 | - | €137,400 | €137,400 | €137,400 | €36,508 | ▼ 73.4% |
| Reserves13 | €208,219 | €238,457 | €259,510 | €225,771 | €245,632 | ▲ 8.8% |
| Non-distributable reserves130/1 | - | €13,740 | €13,740 | €0 | - | - |
| Reserves not available under the articles1311 | - | €13,740 | €13,740 | €0 | - | - |
| Distributable reserves133 | - | €224,717 | €245,770 | €225,771 | €245,632 | ▲ 8.8% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €92,059 | €64,800 | €67,423 | €135,188 | €54,068 | ▼ 60.0% |
| Amounts payable after more than one year17 | €32,073 | €18,889 | €5,581 | €0 | - | - |
| Financial debts170/4 | - | €18,889 | €5,581 | €0 | - | - |
| Amounts payable within one year42/48 | €59,986 | €45,911 | €61,842 | €135,188 | €54,068 | ▼ 60.0% |
| Current portion of amounts payable after more than one year42 | - | €13,184 | €13,307 | €5,581 | €0 | ▼ 100% |
| Trade debts44 | €20,127 | €8,766 | €17,341 | €14,098 | €13,363 | ▼ 5.2% |
| Suppliers440/4 | - | €8,766 | €17,341 | €14,098 | €13,363 | ▼ 5.2% |
| Advances received on contracts in progress46 | - | - | - | - | €7,321 | - |
| Taxes, remuneration and social security45 | - | €16,436 | €17,205 | €22,149 | €23,780 | ▲ 7.4% |
| Taxes450/3 | - | €16,436 | €14,150 | €19,075 | €20,673 | ▲ 8.4% |
| Remuneration and social security454/9 | - | - | €3,055 | €3,074 | €3,107 | ▲ 1.1% |
| Other amounts payable47/48 | - | €7,525 | €13,989 | €93,360 | €9,604 | ▼ 89.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,270 | €30,238 | €21,053 | €37,261 | €56,369 | ▲ 51.3% |
| + Depreciation and write-downs630 | €17,876 | €22,342 | €20,652 | €20,452 | €11,973 | ▼ 41.5% |
| Operating cash flow (approximation) | €58,146 | €52,580 | €41,705 | €57,713 | €68,343 | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | €25 | -€25 | -€2,021 | -€9,519 | ▼ 371% |
| Change in cash | - | €35,049 | €33,153 | €31,520 | -€154,259 | ▼ 589% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €56,369 ▲51.3%
Operating result €74,794, net result €56,369, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
22-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1998
Ground area
1,699 m²
Building footprint
251 m²
Parcel 46016C0293/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Grote Baan(MEL) 193B, 9120 Beveren-Kruibeke-Zwijndrecht
since 19982.085.903.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016C0293/00K000 | Flanders | 1,699 m² | 1 · 251 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,733 companies in sector 47742 we hold annual accounts for 1,139. 910 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462541233
Also
9925:BE0462541233
Registered
24-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.