X GROUP
The computed 12-month bankruptcy probability of X GROUP is 4.0% (elevated). The 2024 annual accounts show equity of €1k and a net result of €946. Its solvency ranks better than 21% of 2235 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1k |
| Net result | €946 |
| Better than sector | 21% |
| Active | 2 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.3% | 27.4% | |
| Net result | €946 | €6k | |
| Equity | €1k | €17k | |
| Gross operating margin | €7k | €28k | |
| Total assets | €44k | €65k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7k |
| Net profit | €946 |
| Cash flow | €7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €44k |
| Equity | €1k |
| Debt | €42k |
| of which ≤ 1y | €42k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.44 |
| Quick ratio | 0.44 |
| Working capital ratio | -54.6% |
| Solvency | 3.3% |
| Debt / equity | 29.18 |
| Long-term debt ratio | - |
| Interest coverage | 109.15 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 65.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €44k |
| Fixed assets | 21/28 | €25k |
| Tangible fixed assets | 22/27 | €25k |
| Current assets | 29/58 | €18k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €44k |
| Equity | 10/15 | €1k |
| Contributions / capital | 10/11 | €500 |
| Accumulated profits (losses) | 14 | €946 |
| Amounts payable | 17/49 | €42k |
| Amounts payable within one year | 42/48 | €42k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €1k |
| Financial charges | 65 | €63 |
| Result before taxes | 9903 | €946 |
| Net result for the period | 9904 | €946 |
| Result to be appropriated | 9905 | €946 |
| NACE primary | Land transport(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2024 |
| Status | Active |
| Postal code | 2060 |
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. |
|---|---|---|---|---|
| 11805E0460/00B006 | Flanders | 214 m² | 1 · 81 m² | 10.4 m · 3 fl. |
| 11344A0457/00R015 | Flanders | 179 m² | 1 · 100 m² | 11.4 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-04-2026 1 director appointed, 1 resigning
- Baras, Salem, Bestuurder
- Alhariri Mohammad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Baras, Salem",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De buitengewone algemene vergadering van 10/03/2026 aanvaardt de benoeming van Baras, Salem de bestuurder.",
"decharge_status": null,
"mandate_duration": null,
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},
{
"kind": "director_out",
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},
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"evidence_quote": "De buitengewone algemene vergadering van 10/03/2026 aanvaardt de ontslag van Alhariri Mohammad de bestuurder.",
"decharge_status": null,
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},
{
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},
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"compensated": null,
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"evidence_quote": "De buitengewone algemene vergadering van 10/03/2026 aanvaardt de overdracht van aandelen tussen Mijnheer Alhariri Mohammad die 100 aandelen aan Mijnheer Baras, Salem",
"decharge_status": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-04-10",
"filing_date": "2026-03-31",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-10",
"unanimous": null
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-10",
"unanimous": null
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-10",
"unanimous": null
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-10",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "1008.305.595",
"name_full": "X GROUP",
"legal_form": "BV"
},
"publication_proxy": {
"kind": null,
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}19-12-2025 Registered office moved within Antwerpen
- Jules Steursstraat 27, 2100 Antwerpen → Gallifortlei 142, 2100 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Gallifortlei",
"country": "BE",
"postcode": "2100",
"box_number": null,
"street_number": "142"
},
"old_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Jules Steursstraat",
"country": "BE",
"postcode": "2100",
"box_number": "101",
"street_number": "27"
},
"effective_date": "2025-12-01",
"evidence_quote": "Vanaf 1 december 2025 wordt de zetel van de vennootschap verplaatst naar het volgende adres: Gallifortlei 142, 2100 Antwerpen"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1008.305.595",
"name_full": "X GROUP",
"legal_form": "BV"
}
}02-01-2025 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1008.305.595",
"name_full": "X GROUP",
"legal_form": "BV"
}
}15-04-2024 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2100 Deurne, Jules Steursstraat 27 bus 101",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-03-19",
"name": "ALHARIRI Mohammad Zeen",
"niss": null,
"address": "2100 Deurne (Antwerpen), Jules Steursstraat, 27 / 101"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 500,
"holder_person_name": "ALHARIRI Mohammad Zeen",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 500,
"subject_company": {
"kbo": "1008.305.595",
"name_full": "X GROUP",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2024-04-08",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | X GROUP |