City XL
The computed 12-month bankruptcy probability of City XL is 4.6% (elevated). The 2024 annual accounts show equity of €3k and a net result of €-23k. Its solvency ranks better than 23% of 873 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €-23k |
| Staff (FTE) | 5.9 |
| Better than sector | 23% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.3% | 17.2% | |
| Net result | €-23k | €14k | |
| Equity | €3k | €99k | |
| Gross operating margin | €331k | €213k | |
| Staff costs | €232k | €221k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €96k |
| Net profit | €-23k |
| Cash flow | €60k |
| Staff costs | €232k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.11M |
| Equity | €3k |
| Debt | €1.11M |
| of which ≤ 1y | €576k |
| of which > 1y | €529k |
| Working capital | €-213k |
| Employees (FTE) | 5.9 |
| 2024 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.24 |
| Working capital ratio | -19.2% |
| Solvency | 0.3% |
| Debt / equity | 326.15 |
| Long-term debt ratio | 156.15 |
| Interest coverage | 2.16 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.1% |
| ROE | -689.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.11M |
| Fixed assets | 21/28 | €745k |
| Intangible fixed assets | 21 | €584k |
| Tangible fixed assets | 22/27 | €162k |
| Current assets | 29/58 | €364k |
| Stocks & contracts in progress | 3 | €224k |
| Amounts receivable within one year | 40/41 | €113k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-17k |
| Amounts payable | 17/49 | €1.11M |
| Amounts payable after one year | 17 | €529k |
| Amounts payable within one year | 42/48 | €576k |
| Trade debts payable within one year | 44 | €163k |
| Income statement | ||
| Gross operating margin | 9900 | €331k |
| Operating result | 9901 | €12k |
| Financial income | 75 | €9k |
| Financial charges | 65 | €44k |
| Result before taxes | 9903 | €-23k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
-
Current14-10-2025 → present
-
J & JJ GROUPLegal entityDirector· perm. rep.: Gilles VerleyenState Gazette act 25144184 (13-11-2025)Current14-10-2025 → present
-
Current14-10-2025 → present
Former directors (2)
-
Former- → 14-10-2025
-
Former- → 14-10-2025
| NACE primary | Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)(47521) |
| Legal form | Private limited company(610) |
| Incorporation | 30-11-2022 |
| Status | Active |
| Postal code | 1050 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels 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. |
|---|---|---|---|---|
| 21009A0810/00D000 | Brussels | 497 m² | 1 · 499 m² | 28.7 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-11-2025 3 directors appointed, 2 resigning
- Martin ZANCHETTA, Bestuurder
- Paul Moreau, Bestuurder
- Gilles Verleyen, Bestuurder
- Olivier LAMBERT, Bestuurder
- Candice ERARTS, Bestuurder
Technical details
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}
],
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},
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"kbo": "0794.250.945",
"name_full": "CITY XL",
"legal_form": "SRL"
}
}02-12-2022 Incorporation of a new SRL
Technical details
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"initial_directors": [],
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"post_incorporation_mandates": []
}| Legal nameFR | City XL |