Summary
X&O has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of €743. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its net result ranks better than 20% of 17228 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability70▼-12
Solvency-
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 10-05-2026, 82 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
82 d early
2024
77 d early
2023
105 d early
2022
77 d early
2021
59 d early
2020
93 d early
2019
93 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 84 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€107,270▼ 18.3%
2023 · €131,263
Total assets
€99,247▼ 57.6%
2024 · €233,963
Net result
€743▼ 96.9%
2024 · €24,119
Working capital
€61,277▼ 59.5%
2024 · €151,419
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,385▲ 0.6%€60,620▲ 66.6%€39,089▼ 35.5%€30,976▼ 20.8%-€1,725
Net result€20,876within the sector's middle half▼ 17.8%€39,324within the sector's middle half▲ 88.4%€26,116within the sector's middle half▼ 33.6%€24,119within the sector's middle half▼ 7.6%€743below the sector's middle half▼ 96.9%
Equity€207,608above the sector's middle half▲ 10.7%€205,735above the sector's middle half▼ 0.9%€131,263within the sector's middle half▼ 36.2%€107,270within the sector's middle half▼ 18.3%
Total assets€442,928above the sector's middle half▼ 17.6%€445,800above the sector's middle half▲ 0.6%€246,707within the sector's middle half▼ 44.7%€233,963within the sector's middle half▼ 5.2%€99,247within the sector's middle half▼ 57.6%
Debt€235,320▼ 24.2%€240,065▲ 2.0%€115,444▼ 51.9%€126,693▲ 9.7%€99,247▼ 21.7%
Working capital€68,416within the sector's middle half▼ 82.9%€75,837within the sector's middle half▲ 10.8%€199,930above the sector's middle half▲ 164%€151,419above the sector's middle half▼ 24.3%€61,277within the sector's middle half▼ 59.5%
Solvency46.9%within the sector's middle half▲ 12.0pp46.1%within the sector's middle half▼ 0.7pp53.2%within the sector's middle half▲ 7.1pp45.8%within the sector's middle half▼ 7.4pp
Current ratio7.76above the sector's middle half▲ 2.076.03above the sector's middle half▼ 1.735.94above the sector's middle half▼ 0.093.93within the sector's middle half▼ 2.013.53within the sector's middle half▼ 0.40
Return on assets (ROA)4.7%within the sector's middle half=8.8%within the sector's middle half▲ 4.1pp10.6%within the sector's middle half▲ 1.8pp10.3%within the sector's middle half▼ 0.3pp0.7%below the sector's middle half▼ 9.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,725 after €30,976 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,247
Fixed assets
€13,723 ▼ 55.5%
Current assets
€85,524 ▼ 57.9%
Key figures and ratios
EBITDA
€10,603▼
2024 · €40,411
Cash flow
€13,071▼
2024 · €33,554
Interest coverage
10.06▼
2024 · 23.67
Debt ≤ 1 year
€24,247▼
2024 · €51,693
Debt > 1 year
€75,000=
2024 · €75,000
Income taxes
€821▼
2024 · €8,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,088 | €11,815 | €2,925 | €9,435 | €12,328 | ▲ 30.7% |
| Other operating charges640/8 | €17,094 | €17,147 | €3,730 | €628 | €5,464 | ▲ 770% |
| Non-recurring operating charges66A | - | - | €359 | - | - | - |
| Gross operating margin9900 | €64,566 | €89,582 | €46,103 | €41,039 | €16,068 | ▼ 60.8% |
| Operating profit (loss)9901 | €36,385 | €60,620 | €39,089 | €30,976 | -€1,725 | ▼ 106% |
| Financial income75/76B | €0 | €1,693 | €294 | €3,677 | €4,343 | ▲ 18.1% |
| Recurring financial income75 | €0 | €1,693 | €294 | €3,677 | €4,343 | ▲ 18.1% |
| Financial charges65/66B | €4,597 | €3,988 | €4,012 | €1,708 | €1,054 | ▼ 38.3% |
| Recurring financial charges65 | €4,597 | €3,988 | €4,012 | €1,708 | €1,054 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | €31,788 | €58,326 | €35,371 | €32,945 | €1,564 | ▼ 95.3% |
| Income taxes67/77 | €10,913 | €19,002 | €9,255 | €8,826 | €821 | ▼ 90.7% |
| Profit (loss) for the period9904 | €20,876 | €39,324 | €26,116 | €24,119 | €743 | ▼ 96.9% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €407 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €200 | €207 | ▲ 3.4% |
| Profit (loss) for the period to be appropriated9905 | €20,876 | €39,324 | €26,116 | €23,919 | €943 | ▼ 96.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €442,928 | €445,800 | €246,707 | €233,963 | €99,247 | ▼ 57.6% |
| Fixed assets21/28 | €364,391 | €354,898 | €6,333 | €30,851 | €13,723 | ▼ 55.5% |
| Tangible fixed assets22/27 | €364,391 | €354,898 | €6,333 | €30,851 | €13,723 | ▼ 55.5% |
| Land and buildings22 | €361,876 | €351,315 | - | - | - | - |
| Plant, machinery and equipment23 | €2,515 | €3,583 | €6,333 | €6,477 | - | - |
| Furniture and vehicles24 | €0 | €0 | - | €24,374 | €13,723 | ▼ 43.7% |
| Current assets29/58 | €78,537 | €90,902 | €240,374 | €203,112 | €85,524 | ▼ 57.9% |
| Amounts receivable after more than one year29 | - | - | €125,000 | €114,254 | - | - |
| Other amounts receivable291 | - | - | €125,000 | €114,254 | - | - |
| Amounts receivable within one year40/41 | €12,646 | €3,739 | €9,636 | €1,184 | €9,032 | ▲ 663% |
| Trade receivables40 | €6,899 | €0 | - | - | €64 | - |
| Other amounts receivable41 | €5,747 | €3,739 | €9,636 | €1,184 | €8,969 | ▲ 658% |
| Current investments50/53 | €32,755 | €32,755 | €32,990 | €50,000 | - | - |
| Cash at bank and in hand54/58 | €33,135 | €54,407 | €72,748 | €37,674 | €76,492 | ▲ 103% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €442,928 | €445,800 | €246,707 | €233,963 | €99,247 | ▼ 57.6% |
| Equity10/15 | €207,608 | €205,735 | €131,263 | €107,270 | - | - |
| Contributions10/11 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €144,707 | €142,834 | €131,263 | €107,270 | - | - |
| Tax-exempt reserves132 | - | - | - | €200 | - | - |
| Distributable reserves133 | €144,707 | €142,834 | €131,263 | €107,070 | - | - |
| Profit (loss) carried forward14 | €44,301 | €44,301 | - | - | - | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0 | - | - | - | - | - |
| Environmental obligations163 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €235,320 | €240,065 | €115,444 | €126,693 | €99,247 | ▼ 21.7% |
| Amounts payable after more than one year17 | €225,000 | €225,000 | €75,000 | €75,000 | €75,000 | = |
| Financial debts170/4 | €225,000 | €225,000 | €75,000 | €75,000 | €75,000 | = |
| Amounts payable within one year42/48 | €10,120 | €15,065 | €40,444 | €51,693 | €24,247 | ▼ 53.1% |
| Trade debts44 | €20 | €5,612 | €926 | €135 | €472 | ▲ 250% |
| Suppliers440/4 | €20 | €5,612 | €926 | €135 | €472 | ▲ 250% |
| Taxes, remuneration and social security45 | €4,506 | €5,769 | - | €1,533 | €2,865 | ▲ 86.9% |
| Taxes450/3 | €4,506 | €5,769 | - | €1,533 | €2,865 | ▲ 86.9% |
| Other amounts payable47/48 | €5,594 | €3,684 | €39,517 | €50,025 | €20,910 | ▼ 58.2% |
| Accrued charges and deferred income492/3 | €199 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,876 | €39,324 | €26,116 | €24,119 | €743 | ▼ 96.9% |
| + Depreciation and write-downs630 | €11,088 | €11,815 | €2,925 | €9,435 | €12,328 | ▲ 30.7% |
| Operating cash flow (approximation) | €31,964 | €51,139 | €29,041 | €33,554 | €13,071 | ▼ 61.0% |
| Investment in fixed assets (approximation) | - | -€2,322 | €345,641 | -€33,954 | €4,800 | ▲ 114% |
| Change in cash | - | €21,272 | €18,341 | -€35,074 | €38,818 | ▲ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €743 ▼96.9%
Net result drops to €743, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €207,608 ▲10.7%
4 profitable years in a row build equity to €207,608.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €48,091 ▲297%
Operating result €77,457, net result €48,091, both a record.
31-12
Financial
Equity above €200,000Eq €234,655 ▲25.2%
2 profitable years in a row build equity to €234,655.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Momignies · 1 establishment unit since 2008
Ground area
1,069 m²
Building footprint
155 m²
Volume, LiDAR
713 m³
Parcel 56051C0554/00H000, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
X&O
since 20082.170.217.820
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56051C0554/00H000 | Wallonia | 1,069 m² | 1 · 154 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,398. 15,554 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896906144
Also
9925:BE0896906144
Registered
16-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.