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X-Mar

Active
Limited partnership·Business and other management consultancy· 7 yrs active
Wijmenstraat 114 ·9340 Lede, Belgium

X-Mar has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €2.09M and a net result of €59k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 10130 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.1% (very low).

KBO/BCE: BE 0728.984.197
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Credit risk

Bankruptcy probability (12 mo)

0.1% Very low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Credit advice

verdict per amount and term

Timeline

What happened to this company, by date

5 of 5 acts read
2026
09-01-2026 State Gazette act Registered-office change
v3.2
2024
04-10-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
04-04-2024 State Gazette act Statutes amendment
v3.2
2023
08-08-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-11-2022 State Gazette act Capital & shares
v3.2
25-07-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
22-06-2020 State Gazette act Registered-office change
v3.2
2019
01-07-2019 State Gazette act Incorporation
oprichting

Financials

Equity€2.09M+2.9%
2019: €37k 2020: €126k 2021: €219k 2022: €2.03M
Total assets€2.64M-0.5%
2019: €61k 2020: €209k 2021: €348k 2022: €2.66M
Net result€59k-6.1%
2019: €32k 2020: €121k 2021: €93k 2022: €63k
Working capital€-499k+10.4%
2019: €24k 2020: €112k 2021: €190k 2022: €-558k

Turnover and EBIT margin not published: the micro schema does not require them.

Figures by fiscal year

fiscal year 2023 · micro schema
€0€50k€100kOperating result 2019: €41k€41kNet result 2019: €32k€32kOperating result 2020: €118k€118kNet result 2020: €121k€121kOperating result 2021: €118k€118kNet result 2021: €93k€93kOperating result 2022: €84k€84kNet result 2022: €63k€63kOperating result 2023: €85k€85kNet result 2023: €59k€59k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 79.1% 58.5%
better than 82% of 10130 sector peers
Net result €59k €27k
better than 75% of 10124 sector peers
Equity €2.09M €52k
better than 95% of 10137 sector peers
Gross operating margin €103k €46k
better than 79% of 10110 sector peers
Total assets €2.64M €107k
better than 95% of 10130 sector peers
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P82
2020: P61 · n=14382021: P64 · n=35382022: P84 · n=69152023: P82 · n=101302020 2023
Improving position over 2020-2023 · n=1438-10130
Net result P75
2020: P89 · n=14382021: P90 · n=35372022: P79 · n=69142023: P75 · n=101242020 2023
Weakening position over 2020-2023 · n=1438-10124
Equity P95
2020: P66 · n=14412021: P87 · n=35432022: P95 · n=69232023: P95 · n=101372020 2023
Improving position over 2020-2023 · n=1441-10137
Gross operating margin P79
2020: P85 · n=14362021: P88 · n=35282022: P81 · n=69022023: P79 · n=101102020 2023
Stable position over 2020-2023 · n=1436-10110
EBITDA
€101k
+1.0% 19-23
Cash flow
€76k
-4.3% 19-23
Income taxes
€25k
+7.0% 19-23
Debt
€553k
-11.7% 19-23
Debt ≤ 1y
€542k
-9.5% 19-23
Debt > 1y
€11k
-59.8% 19-23
Current ratio
0.08
+14.1% 19-23
Quick ratio
0.08
+14.1% 19-23
Solvency
79.1%
+3.5% 19-23
Debt / equity
0.26
-14.2% 19-23
ROE
2.8%
-8.7% 19-23
ROA
2.2%
-5.6% 19-23
Interest coverage
125.22
+6.6% 19-23
Figures by fiscal year and ratios
Fiscal year2023
Depositmicro schema
Revenue-
EBITDA€101k
Net profit€59k
Cash flow€76k
Staff costs-
Income taxes€25k
Dividends-
Total assets€2.64M
Equity€2.09M
Debt€553k
of which ≤ 1y€542k
of which > 1y€11k
Working capital€-499k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.08
Quick ratio0.08
Working capital ratio-18.9%
Solvency79.1%
Debt / equity0.26
Long-term debt ratio0.01
Interest coverage125.22
Gross margin-
Net margin-
ROA2.2%
ROE2.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Balance-sheet composition 2023
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.64M
Fixed assets 21/28€2.60M
Tangible fixed assets 22/27€46k
Financial fixed assets 28€2.56M
Current assets 29/58€43k
Amounts receivable within one year 40/41€24k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.64M
Equity 10/15€2.09M
Contributions / capital 10/11€1.76M
Reserves 13€59k
Accumulated profits (losses) 14€277k
Amounts payable 17/49€553k
Amounts payable after one year 17€11k
Amounts payable within one year 42/48€542k
Trade debts payable within one year 44€146
Income statement
Gross operating margin 9900€103k
Operating result 9901€85k
Financial income 75€3
Financial charges 65€810
Result before taxes 9903€84k
Income taxes 67/77€25k
Net result for the period 9904€59k
Result to be appropriated 9905€59k

Signals

3 signals
Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
View the equity trend
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 400 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-10-2024, 65 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.
No strikeouts found in the KBO publications · how complete this is
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Filing history by fiscal year and how the deadline is computed
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 400 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-10-2024, 65 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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not confirmed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 04-10-2024 65 d late 2024-00503822
31-12-2022 31-07-2023 08-08-2023 8 d late 2023-00327930
31-12-2021 31-07-2022 25-07-2022 6 d early 2022-20241433
31-12-2020 31-07-2021 19-08-2021 19 d late 2021-52600551
31-12-2019 31-07-2020 29-06-2020 32 d early 2020-26000308

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Directors

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Statutory auditor

1 auditor
UYTTENDAELE BOEKHOUDKANTOORCurrent
Company auditor · represented by Inge Saeys
29-02-2024 → present

Locations & real estate

Registered office

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.

Wijmenstraat 1149340 Lede

Establishment units

1 location
Wijmenstraat 114, 9340 Lede
Holdings
since 20192.303.743.763
Parcels1
Ground area6,662 m²

Real-estate footprint

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41032B0483/00D000 Flanders 6,662 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Business and other management consultancy70200Business consulting70220Holdings64200Activities of holding companies64210