Summary
eXL SERVICES has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11k and a net result of €-11k. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 8692 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
1 d early
2022
on the day
2021
11 d early
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€11k▼ 51.2%
2024 · €22k
2018: €35khighest in 8 years
2019: €34k▼ -0.2% vs 2018
2020: €-16k▼ -147% vs 2019lowest in 8 years
2021: €-10k▲ +37.7% vs 2020
2022: €2k▲ +122% vs 2021
2023: €24k▲ +965% vs 2022
2024: €22k▼ -8.4% vs 2023
2025: €11k▼ -51.2% vs 2024
2018 → 2025
Total assets
€433k▼ 10.2%
2024 · €482k
2018: €398k
2019: €556k▲ +39.5% vs 2018highest in 8 years
2020: €397k▼ -28.6% vs 2019
2021: €455k▲ +14.7% vs 2020
2022: €297k▼ -34.7% vs 2021lowest in 8 years
2023: €481k▲ +61.8% vs 2022
2024: €482k▲ +0.3% vs 2023
2025: €433k▼ -10.2% vs 2024
2018 → 2025
Net result
€-11k▼ 388%
2024 · €-2k
2018: €8k
2019: €-60▼ -101% vs 2018
2020: €-51k▼ -84139% vs 2019lowest in 8 years
2021: €6k▲ +112% vs 2020
2022: €12k▲ +102% vs 2021
2023: €41k▲ +230% vs 2022highest in 8 years
2024: €-2k▼ -106% vs 2023
2025: €-11k▼ -388% vs 2024
2018 → 2025
Working capital
€-76k▲ 1.0%
2024 · €-77k
2018: €10k
2019: €20k▲ +93.6% vs 2018
2020: €105k▲ +432% vs 2019highest in 8 years
2021: €61k▼ -41.5% vs 2020
2022: €76k▲ +24.0% vs 2021
2023: €-85k▼ -212% vs 2022lowest in 8 years
2024: €-77k▲ +9.4% vs 2023
2025: €-76k▲ +1.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€2k€24k▲ 965%€22k▼ 8.4%€11k▼ 51.2%
2021: €-10klowest in 5 years
2022: €2k▲ +122% vs 2021
2023: €24k▲ +965% vs 2022highest in 5 years
2024: €22k▼ -8.4% vs 2023
2025: €11k▼ -51.2% vs 2024
Operating result€15k-€29k▲ 94.2%€75k▲ 157%€10k▼ 87.0%€6k▼ 43.1%
2021: €15k
2022: €29k▲ +94.2% vs 2021
2023: €75k▲ +157% vs 2022highest in 5 years
2024: €10k▼ -87.0% vs 2023
2025: €6k▼ -43.1% vs 2024lowest in 5 years
Net result€6k-€12k▲ 102%€41k▲ 230%€-2k€-11k▼ 388%
2021: €6k
2022: €12k▲ +102% vs 2021
2023: €41k▲ +230% vs 2022highest in 5 years
2024: €-2k▼ -106% vs 2023
2025: €-11k▼ -388% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€263k ▼ 8.9%
Current assets
€170k ▼ 12.0%
Equity and liabilities €433k
Equity
€11k ▼ 51.2%
Debt
€422k ▼ 8.2%
Debt's share of the balance-sheet total rises from 95.5% to 97.5%. Equity and debt are lower.
Key figures and ratios
ROE
-105.0%▼
2024 · -10.5%
ROA
-2.6%▼
2024 · -0.5%
Debt ≤ 1 year
€246k▼
2024 · €270k
Debt > 1 year
€176k▼
2024 · €190k
Income taxes
€5k▼
2024 · €7k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€482k€433k▼
Fixed assets21/28€289k€263k▼
Tangible fixed assets22/27€37k€12k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€35k€10k▼
Financial fixed assets28€251k€251k=
Current assets29/58€193k€170k▼
Amounts receivable after more than one year29€107k€98k▼
Other amounts receivable291€107k€98k▼
Amounts receivable within one year40/41€84k€69k▼
Trade receivables40€29k€20k▼
Other amounts receivable41€55k€49k▼
Cash at bank and in hand54/58€66€5▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€482k€433k▼
Equity10/15€22k€11k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1k€-10k▼
Amounts payable17/49€460k€422k▼
Amounts payable after more than one year17€190k€176k▼
Financial debts170/4€100k€86k▼
Other amounts payable178/9€90k€90k=
Amounts payable within one year42/48€270k€246k▼
Current portion of amounts payable after more than one year42€14k€10k▼
Financial debts43-€100
Credit institutions430/8-€100
Trade debts44€11k€35k▲
Suppliers440/4€11k€35k▲
Taxes, remuneration and social security45€28k€13k▼
Taxes450/3€28k€13k▼
Other amounts payable47/48€218k€188k▼
Accrued charges and deferred income492/3€57-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€9k
Other operating charges640/8€2k€2k▲
Gross operating margin9900€38k€43k▲
Operating profit (loss)9901€10k€6k▼
Financial income75/76B€596-
Recurring financial income75€596-
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€5k€-6k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€-2k€-11k▼
Profit (loss) for the period to be appropriated9905€-2k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-10k▼
Profit (loss) brought forward from the previous period14P€4k€1k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47k | €25k | €25k | €26k | €26k | ▼ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2k | - | €9k | - |
| Other operating charges640/8 | €2k | €12k | €7k | €2k | €2k | ▲ 0.9% |
| Gross operating margin9900 | €64k | €66k | €108k | €38k | €43k | ▲ 12.8% |
| Operating profit (loss)9901 | €15k | €29k | €75k | €10k | €6k | ▼ 43.1% |
| Financial income75/76B | €0 | - | €673 | €596 | - | - |
| Recurring financial income75 | €0 | - | €673 | €596 | - | - |
| Financial charges65/66B | €5k | €4k | €5k | €5k | €11k | ▲ 114% |
| Recurring financial charges65 | €5k | €4k | €5k | €5k | €11k | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €10k | €25k | €70k | €5k | €-6k | ▼ 216% |
| Income taxes67/77 | €4k | €12k | €30k | €7k | €5k | ▼ 26.1% |
| Profit (loss) for the period9904 | €6k | €12k | €41k | €-2k | €-11k | ▼ 388% |
| Profit (loss) for the period to be appropriated9905 | €6k | €12k | €41k | €-2k | €-11k | ▼ 388% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €455k | €297k | €481k | €482k | €433k | ▼ 10.2% |
| Fixed assets21/28 | €177k | €153k | €311k | €289k | €263k | ▼ 8.9% |
| Tangible fixed assets22/27 | €109k | €85k | €60k | €37k | €12k | ▼ 68.9% |
| Furniture and vehicles24 | - | - | - | €3k | €1k | ▼ 47.8% |
| Other tangible fixed assets26 | €109k | €85k | €60k | €35k | €10k | ▼ 70.4% |
| Financial fixed assets28 | €68k | €68k | €251k | €251k | €251k | = |
| Current assets29/58 | €278k | €144k | €169k | €193k | €170k | ▼ 12.0% |
| Amounts receivable after more than one year29 | €109k | €109k | €106k | €107k | €98k | ▼ 8.6% |
| Other amounts receivable291 | €109k | €109k | €106k | €107k | €98k | ▼ 8.6% |
| Amounts receivable within one year40/41 | €166k | €33k | €62k | €84k | €69k | ▼ 17.6% |
| Trade receivables40 | €72k | €7k | €5k | €29k | €20k | ▼ 30.2% |
| Other amounts receivable41 | €94k | €26k | €57k | €55k | €49k | ▼ 11.2% |
| Cash at bank and in hand54/58 | €500 | €1k | €244 | €66 | €5 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | €2k | €1k | €1k | €3k | €3k | ▲ 30.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €455k | €297k | €481k | €482k | €433k | ▼ 10.2% |
| Equity10/15 | €-10k | €2k | €24k | €22k | €11k | ▼ 51.2% |
| Contributions10/11 | €19k | €19k | €18k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-31k | €-18k | €4k | €1k | €-10k | ▼ 780% |
| Amounts payable17/49 | €465k | €295k | €457k | €460k | €422k | ▼ 8.2% |
| Amounts payable after more than one year17 | €248k | €226k | €202k | €190k | €176k | ▼ 7.2% |
| Financial debts170/4 | €158k | €136k | €112k | €100k | €86k | ▼ 13.8% |
| Other amounts payable178/9 | €90k | €90k | €90k | €90k | €90k | = |
| Amounts payable within one year42/48 | €216k | €69k | €254k | €270k | €246k | ▼ 8.9% |
| Current portion of amounts payable after more than one year42 | €23k | €24k | €25k | €14k | €10k | ▼ 29.2% |
| Financial debts43 | €2k | - | €2k | - | €100 | - |
| Credit institutions430/8 | €2k | - | €2k | - | €100 | - |
| Trade debts44 | €104k | €20k | €100k | €11k | €35k | ▲ 229% |
| Suppliers440/4 | €104k | €20k | €100k | €11k | €35k | ▲ 229% |
| Taxes, remuneration and social security45 | €14k | €17k | €38k | €28k | €13k | ▼ 53.9% |
| Taxes450/3 | €14k | €17k | €38k | €28k | €13k | ▼ 53.9% |
| Other amounts payable47/48 | €74k | €7k | €90k | €218k | €188k | ▼ 13.6% |
| Accrued charges and deferred income492/3 | €725 | €640 | €150 | €57 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €12k | €41k | €-2k | €-11k | ▼ 388% |
| + Depreciation and write-downs630 | €47k | €25k | €25k | €26k | €26k | ▼ 0.9% |
| Operating cash flow (approximation) | €53k | €37k | €66k | €24k | €15k | ▼ 38.6% |
| Investment in fixed assets (approximation) | - | €0 | €-183k | €-4k | €-1 | ▲ 100.0% |
| Change in cash | - | €533 | €-790 | €-178 | €-61 | ▲ 65.8% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €41k ▲230%
Operating result €75k, net result €41k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Rumst · 1 establishment unit since 2006
Ground area
1,283 m²
Building footprint
177 m²
Volume, LiDAR
1,044 m³
Parcel 11036A0372/00T000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
eXL Services
since 20062.153.041.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036A0372/00T000 | Flanders | 1,282 m² | 1 · 177 m² | 10.1 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 210 EUR awarded · 105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 105 EUR | 0 EUR |
| 2023 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 23,644 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 (pre-2019)
Founded30-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.