HX HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €400k and a net result of €44k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 9864 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
30 d late
2022
31 d late
2021
34 d early
2020
30 d early
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€400k▼ 5.9%
2023 · €425k
2018: €341k
2019: €382k
2020: €385k
2021: €394k
2022: €424k
2023: €425k
2018 → 2024
Net result
€44k▼ 41.5%
2023 · €75k
2018: €5k
2019: €41k
2020: €3k
2021: €9k
2022: €30k
2023: €75k
2018 → 2024
Total assets
€877k▲ 6.1%
2023 · €827k
2018: €481k
2019: €459k
2020: €460k
2021: €532k
2022: €506k
2023: €827k
2018 → 2024
Solvency
45.6%▼ 5.8pp
2023 · 51.4%
2018: 70.9%
2019: 83.3%
2020: 83.7%
2021: 74.1%
2022: 83.8%
2023: 51.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€385k-€394k▲ 2.3%€424k▲ 7.6%€425k▲ 0.1%€400k▼ 5.9%
Operating result€-7k-€26k€38k▲ 50.2%€106k▲ 176%€64k▼ 40.1%
Net result€3k-€9k▲ 183%€30k▲ 243%€75k▲ 147%€44k▼ 41.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €877k
Fixed assets
€465k▼ 1.2%
Current assets
€413k▲ 15.8%
Equity and liabilities €877k
Equity
€400k▼ 5.9%
Debt
€477k▲ 18.8%
The debt ratio rises from 48.6% to 54.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
45.6%▼
2023 · 51.4%
ROE
10.9%▼
2023 · 17.5%
ROA
5.0%▼
2023 · 9.0%
Debt
€477k▲
2023 · €402k
Debt ≤ 1 year
€468k▲
2023 · €372k
Debt > 1 year
€9k▼
2023 · €30k
Income taxes
€20k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€827k€877k▲
Fixed assets21/28€470k€465k▼
Tangible fixed assets22/27€22k€17k▼
Furniture and vehicles24€22k€17k▼
Financial fixed assets28€448k€448k=
Current assets29/58€356k€413k▲
Amounts receivable within one year40/41€355k€410k▲
Trade receivables40€9k-
Other amounts receivable41€345k€410k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€827k€877k▲
Equity10/15€425k€400k▼
Contributions10/11€88k€88k=
Reserves13€337k€312k▼
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Distributable reserves133€326k€301k▼
Amounts payable17/49€402k€477k▲
Amounts payable after more than one year17€30k€9k▼
Financial debts170/4€30k€9k▼
Amounts payable within one year42/48€372k€468k▲
Current portion of amounts payable after more than one year42€27k€27k▲
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€39k€42k▲
Taxes450/3€39k€42k▲
Other amounts payable47/48€301k€390k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€712€453▼
Gross operating margin9900€112k€70k▼
Operating profit (loss)9901€106k€64k▼
Financial income75/76B€10k€15k▲
Recurring financial income75€10k€15k▲
Financial charges65/66B€13k€15k▲
Recurring financial charges65€13k€15k▲
Profit (loss) for the period before taxes9903€104k€64k▼
Income taxes67/77€29k€20k▼
Profit (loss) for the period9904€75k€44k▼
Profit (loss) for the period to be appropriated9905€75k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€387k€44k▼
Profit (loss) brought forward from the previous period14P€312k-
Transfer from equity791/2-€65k
Transfer to equity691/2€326k€40k▼
To other reserves6921€326k€40k▼
Profit to be distributed694/7€60k€69k▲
Return on contributions (dividend)694€60k€69k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €75k ▲147%
Operating result €106k, net result €75k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €3k ▼92.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Charleroi · 1 establishment unit since 2009
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.
Avenue des Genêts 566001 CharleroiGround area
1,065 m²
Building footprint
235 m²
Volume, LiDAR
1,464 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Victoire(THL) 117, 6536 Thuin
since 20092.183.101.794
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0104/00E015 | Wallonia | 728 m² | 1 · 145 m² | 7.7 m · 2 fl. |
| 56077D0677/00K000 | Wallonia | 337 m² | 1 · 91 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 13,754 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2009
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.