City XL
ActiveSummary
The computed 12-month bankruptcy probability of City XL is 3.1% (moderate). The 2025 annual accounts show equity of €5,596 and a net result of €2,206. Equity has been shrinking by about 189% per year since 2023. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 14% of 12,777 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 30-11-2022 Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 1 other
- Establishment unit
- 2.339.863.197 1050 Elsene, since 30-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Board and ownership
- BENOVITYDirector · permanent representative Paul Moreau
- J & JJ GROUPDirector · permanent representative Gilles Verleyen
- STRATIFYDirector · permanent representative Martin ZANCHETTA
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €352,873
- ▲ 6.7%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €2,206
- Equity
- €5,596
- ▲ 65.0%
- Total assets
- €928,341
- ▼ 16.3%
- Employees on 31-12-2025
- 8
- ▼ 11.1%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskEquity €5,596 (0.6% of total assets)Founded in 2022Size: 6.4 FTE, total assets €928,341Liquidity: current ratio 0.53, cash €20,823Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 19% of them on solvency, 23% on liquidity, 34% on profitability and 89% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 26 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 3 directors appointed, 2 directors resigningResignations: Olivier LAMBERT (director) and Candice ERARTS (director) · Appointments: STRATIFY, BENOVITY and J&JJ GROUP
- · Gazette deed IncorporationStarting capital €20,000 · Appointments: LAMBERT Olivier Bernard Marcel Ghislain (director) and ERARTS Candice (director)
Comparable companies
These companies have the same main activity as City XL: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €595,000 and €1.9m, founded between 2021 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| City XL Elsene | €0.9m | €0.4m |
| RMH POOL CHARLEROI Spa | €1.2m | €0.5m |
| C.C. TRADING AND MANAGEMENT Nivelles | €1.0m | €0.2m |
| RMH POOL WATERLOO Spa | €0.6m | €0.4m |
| KOBRIC Scherpenheuvel-Zichem | €1.4m | €0.4m |
| DHZ Lubbeek Lubbeek | €1.8m | €0.3m |
| BOUWSHOP LEDE Hoogstraten | €1.9m | €0.4m |
Key facts about City XL
- What is the company number of City XL?
- The company number of City XL is 0794.250.945. The VAT number is the same number with BE in front: BE 0794.250.945.
- Where is City XL based?
- The registered office is at Waverse Steenweg 56, 1050 Elsene.Company details
- What does City XL do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of City XL?
- The legal form of City XL is Private limited company (BV).
- When was City XL founded?
- City XL was founded on 30-11-2022.
- Is City XL still active?
- Yes, City XL is an active enterprise in the KBO register.
- How many employees does City XL have?
- City XL had an average of 6.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of City XL?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €352,873 and 34 comparable companies (NACE 475). It probably lies between €1.3m and €2.8m.
- Is City XL profitable?
- In financial year 2025, City XL made a profit of €2,206.
- Where can I find the annual accounts of City XL?
- City XL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of City XL due?
- City XL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.