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X-L Transport

Active
Private limited companyfounded 2000active for 26 yearsRoute du Fawetay 78, 4845 Jalhay, BelgiumKBO/BCE: BE 0471.859.171
Summary

X-L Transport has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207,730 and a net result of €85,436. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 43% of 2,391 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-05-2000 Normal situation
Activity
Freight transport by road NACE 49410and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2023
Establishment unit
2.103.210.022 4845 Jalhay, since 30-06-2000
Financial year end
31 December
Peppol
Reachable since 22-10-2025

Board and ownership

Board
Shareholders

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€418,385
▲ 23.7%
Turnover
≈ €900,000
estimated
Profit
€85,436
▲ 199%
Equity
€207,730
▼ 14.7%
Total assets
€608,636
▲ 11.5%
Employees on 31-12-2025
5
▲ 25.0%
Filed on 14-07-2026, 17 days before the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 1.38, cash €255,883Founded in 2000Figures for financial year 2025 (filed on 14-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 59-11
equity 34.1% of total assets
Liquidity 73-9
short-term debt 53.2% · cash 42.0%
Profitability 86+11
return on assets 14.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.68 in 2024), below the usual 1.5. Short-term debt is 53.2% and cash 42% of total assets. 65.9% of the assets are financed with debt and provisions.
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 49, micro). It does better than 46% of them on solvency, 79% on liquidity, 76% on profitability and 23% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 1.38, cash €255,883
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
27 days late
2023
30 days late
2022
53 days early
2021
30 days late
2020
61 days late
2019
83 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 23 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 27 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €28,560 to €85,436 ▲ 199% View
  • Positive: 5 profitable years in a rowprofit 2025: €85,436 5 years View

Recent changes

  1. · Gazette deed Merger: X-L Transport takes over ENTREPRISE DE PAVAGE X-LCapital increase of €68,170.72 to €86,770.72 · Resignation: PAVAGE X-L (director) · Reappointment: XHROUET Pascal (director)
  2. · Gazette deed Merger proposal: X-L TRANSPORT takes over ENTREPRISE DE PAVAGE X-LPermanent representative: Yves XHROUET
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as X-L Transport: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €549,000 and €1.1m, founded between 1995 and 2005.

CompanyTotal assetsGross margin
X-L Transport Jalhay€0.6m€0.4m
SCALTRANS Malmedy€0.6m€0.5m
YM TRANS Buggenhout€0.5m€0.5m
DEMATRANS Ternat€0.7m€0.5m
VAN NOYEN Boortmeerbeek€0.6m€0.3m
JENCAR Welkenraedt€0.9m€0.4m
MANUVAL Clavier€1.1m€0.4m
Full comparison

Key facts about X-L Transport

What is the company number of X-L Transport?
The company number of X-L Transport is 0471.859.171. The VAT number is the same number with BE in front: BE 0471.859.171.
Where is X-L Transport based?
The registered office is at Route du Fawetay 78, 4845 Jalhay.Company details
What does X-L Transport do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of X-L Transport?
The legal form of X-L Transport is Private limited company (BV).
When was X-L Transport founded?
X-L Transport was founded on 12-05-2000.
Is X-L Transport still active?
Yes, X-L Transport is an active enterprise in the KBO register.
How many employees does X-L Transport have?
X-L Transport had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does X-L Transport fall under?
In its 2023 annual accounts, X-L Transport states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of X-L Transport?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €418,385 and 38 comparable companies (NACE 49410). It probably lies between €710,000 and €1.3m.
Is X-L Transport profitable?
In financial year 2025, X-L Transport made a profit of €85,436.
Where can I find the annual accounts of X-L Transport?
X-L Transport filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of X-L Transport due?
X-L Transport must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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