Equity
€96,095 ▲ 18.5%
Xaro Management has made a profit without a break since 2022.
Xaro Management
Lifetime
15 annual accounts with figures on one time axispeak €77,385 (2024)
€26,828▼ 65.3%
lowest -€7,741 (2014)
€15,027▼ 71.2%
peak €96,095 (2025)
€96,095▲ 18.5%
€25,017▲ 54.6%
peak 0.7 FTE (2014)
-not published
Board1 name since 2021
1 directorROUBY Xavier
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €77,385 to €26,828Result from €52,229 to €15,027Equity from €81,068 to €96,095Debts from €16,185 to €25,017Cash from €42,388 to €4,837
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 54% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Founded in 2010
Figures for financial year 2025 (filed on 24-07-2026)
Equity €96,095 (79.3% of total assets)
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 62, micro). It does better than 85% of them on solvency, 23% on liquidity, 46% on profitability and 64% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Xaro Management has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Xaro Management itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Xaro Management. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.81 (5.94 in 2024), above the usual 1.5. Short-term debt is 20.7% and cash 4% of total assets. 20.7% of the assets are financed with debt and provisions.
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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
6 days early
2023
24 days late
2022
32 days late
2021
1 day late
2020
24 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0829488768
Company renamed from Pfease to Xaro Management
Resignation: ROUBY Xavier (manager) · Reappointment: ROUBY Xavier (director) · General meeting of 28-09-2023 · Gazette deed
Registered office moved from Héron to Chamont-Gistoux
New registered office: rue Somville 38 à 1325 Chamont-Gistoux · Previous registered office: Aux Carrières 5-4217 Héron · General meeting of 10-02-2019 · Gazette deed
First establishment
Rue Somville 38, Chaumont-Gistoux
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Xaro Management Chaumont-Gistoux | €121,111 | €26,828 | 79.3% | - |
| A2D Consulting Waterloo | €117,282 | €26,676 | 26.2% | - |
| Funky Development Kortrijk | €130,200 | €26,745 | 94.4% | - |
| FlexDev Saint-Georges-sur-Meuse | €136,485 | €26,612 | 68.2% | - |
| SeJo IT Hamme (Vl.) | €110,308 | €29,602 | 23.1% | - |
| DIONYXOS Waregem | €122,681 | €31,544 | 88.5% | - |
| SOFTEC.BE Boom | €105,396 | €30,835 | 98.2% | - |
These companies have the same main activity as Xaro Management: computer programming (NACE 62100). They are comparable in size and age: total assets between €105,000 and €136,000, founded between 2009 and 2011.
Official details
Source: KBO- Status
- Active since 21-09-2010Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.192.027.8731325 Chaumont-Gistoux, since 01-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Annual accounts 2025
- €121,111▲ 24.5%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Xaro Management
Xaro Management files the micro format. That format states no turnover. The gross margin rose from €1,160 in 2011 to €26,828 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Xaro Management
- What is the company number of Xaro Management?
- The company number of Xaro Management is 0829.488.768. The VAT number is the same number with BE in front: BE 0829.488.768.
- Where is Xaro Management based?
- The registered office is at Rue Somville 38, 1325 Chaumont-Gistoux.Company details
- What does Xaro Management do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Xaro Management?
- Xaro Management is a private limited company (BV).
- When was Xaro Management founded?
- Xaro Management was founded on 21-09-2010.
- Is Xaro Management still active?
- Yes, Xaro Management is an active enterprise in the KBO register.
- What is the turnover of Xaro Management?
- The turnover in financial year 2025 is ≈ €88,000. This figure is estimated from the gross margin of €26,828 and 84 comparable companies (NACE 62). It probably lies between €69,000 and €120,000.Financials
- Is Xaro Management profitable?
- In financial year 2025, Xaro Management made a profit of €15,027.
- Where can I find the annual accounts of Xaro Management?
- Xaro Management filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Xaro Management due?
- Xaro Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.