Active BE 0760.639.059Private limited company

X-Pand

Welvaartstraat 131 ·2590 Berlaar, Belgium· 5 yrs active

Sector: Real estate activities (68121)

Conclusion Checked

The computed 12-month bankruptcy probability of X-Pand is 0.7% (low). The 2024 annual accounts show equity of €318k and a net result of €220k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 4944 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€318k
Net result	€220k
Better than sector	79%
Active	5 yrs

Snowflake analysis 5 axes · computed by Checked

93 / 100

Exceptional profile, strong across almost every axis.

Health 93

Profitability 100

Solvency 98

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

93 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	59.8%	16.7%	better than 79% of 4944 sector peers
Net result	€220k	€2k	better than 95% of 4936 sector peers
Equity	€318k	€27k	better than 90% of 4947 sector peers
Gross operating margin	€276k	€27k	better than 95% of 4930 sector peers
Total assets	€531k	€302k	better than 65% of 4946 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-27k

- 21-24

Net profit

€220k

- 21-24

Cash flow

€-27k

- 21-24

Total assets

€531k

+69.0% 21-24

Equity

€318k

+225.9% 21-24

Working capital

€405k

+327.3% 21-24

Income taxes

€37k

- 21-24

Debt

€214k

-1.5% 21-24

Debt ≤ 1y

€114k

-47.6% 21-24

Debt > 1y

€100k

- 21-24

Current ratio

4.57

+217.7% 21-24

Quick ratio

3.15

+1494.8% 21-24

Solvency

59.8%

+92.8% 21-24

Debt / equity

0.67

-69.8% 21-24

ROE

69.3%

- 21-24

ROA

41.5%

- 21-24

Interest coverage

-175.07

- 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	-
Net profit	€220k
Cash flow	-
Staff costs	-
Income taxes	€37k
Dividends	-
Total assets	€531k
Equity	€318k
Debt	€214k
of which ≤ 1y	€114k
of which > 1y	€100k
Working capital	€405k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	4.57
Quick ratio	3.15
Working capital ratio	76.2%
Solvency	59.8%
Debt / equity	0.67
Long-term debt ratio	0.31
Interest coverage	-
Gross margin	-
Net margin	-
ROA	41.5%
ROE	69.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €13k · 2.4% Current assets €519k · 97.6%

Equity & liabilities

Equity €318k · 59.8% Debt €214k · 40.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€531k
Fixed assets	21/28	€13k
Financial fixed assets	28	€13k
Current assets	29/58	€519k
Stocks & contracts in progress	3	€161k
Amounts receivable within one year	40/41	€354k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€531k
Equity	10/15	€318k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€313k
Amounts payable	17/49	€214k
Amounts payable after one year	17	€100k
Amounts payable within one year	42/48	€114k
Trade debts payable within one year	44	€51k
Income statement
Gross operating margin	9900	€276k
Operating result	9901	€275k
Financial income	75	€260
Financial charges	65	€18k
Result before taxes	9903	€258k
Income taxes	67/77	€37k
Net result for the period	9904	€220k
Result to be appropriated	9905	€220k

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Ratios computed by Checked.

Legal Structure

NACE primary	Real estate activities(68121)
Legal form	Private limited company(610)
Incorporation	29-12-2020
Status	Active
Postal code	2590

Establishment units 1 location

X-Pand

Welvaartstraat 131, 2590 BerlaarOntwikkeling van residentiële bouwprojecten

since 20202.311.095.769

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12002D0301/00F002	Flanders	440 m²	1 · 170 m²	8.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

31-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

29-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

31-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

30-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.

Company registry (CBE) Crossroads Bank

Activities

Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122

Primary activity highlighted.

Names & trade names

Legal nameNL

X-Pand

Registered office

Welvaartstraat 131

2590 Berlaar, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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