Turnover
≈ €100,000 estimated
The micro format states no turnover.
X-PLORAR
Lifetime
1 annual account with figurespeak €40,401 (2025)
€40,401
peak €30,011 (2025)
€30,011
peak €33,011 (2025)
€33,011
€10,828
Board1 name since 2025
1 directorSébastien BUGNON
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Incorporation 17-021 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 120 shares
2025 accounts filed 18 days after the deadline
Checked score
90
Excellent
Financially stronger than 84% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 0.6%
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.7 percentage points vs 08-2026lowest value
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Size: total assets €43,838
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Liquidity: current ratio 1.93, cash €15,546
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 82, micro). It does better than 88% of them on solvency, 79% on liquidity and 87% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as X-PLORAR has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of X-PLORAR itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for X-PLORAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.93, above the usual 1.5. Short-term debt is 24.7% and cash 35.5% of total assets. 24.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
18 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved to Deurle
New registered office: Muldersdreef 39, 9831 Deurle · General meeting of 15/06/26 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019969648
Incorporation
Founding capital of €3,000, 120 shares · Founder: Sébastien BUGNON · Appointment: Sébastien BUGNON (director) · published on 17-02-2025 · Gazette deed
First establishment
Dennenlaan 16, Beersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| X-PLORAR Sint-Martens-Latem | €43,838 | €40,401 | 75.3% | - |
| Ghentbuild Ghent | €42,190 | €40,614 | 72.7% | - |
| CV.I Merelbeke-Melle | €44,611 | €41,426 | 55.8% | - |
| NDC Management Sint-Martens-Latem | €45,153 | €37,912 | 72.6% | - |
| DTK MANAGEMENT Lokeren | €46,153 | €35,807 | 58.3% | - |
| Torquay Ghent | €49,824 | €37,880 | 67.2% | - |
| Altura Crecer Consulting Geraardsbergen | €52,884 | €41,311 | 59.5% | - |
These companies have the same main activity as X-PLORAR: other business support services (NACE 82990). They are comparable in size and age: total assets between €42,200 and €52,900, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-02-2025Normal situation
- Activity
- Other business support servicesNACE 82990and 5 others
- Establishment unit
- 2.372.382.5471653 Beersel, since 13-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on X-PLORAR
X-PLORAR has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,011 and a net result of €30,011.
Its solvency ranks better than 75% of 9,701 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about X-PLORAR
- What is the company number of X-PLORAR?
- The company number of X-PLORAR is 1019.969.648. The VAT number is the same number with BE in front: BE 1019.969.648.
- Where is X-PLORAR based?
- The registered office is at Muldersdreef 39, 9831 Sint-Martens-Latem.Company details
- What does X-PLORAR do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of X-PLORAR?
- X-PLORAR is a private limited company (BV).
- When was X-PLORAR founded?
- X-PLORAR was founded on 13-02-2025.
- Is X-PLORAR still active?
- Yes, X-PLORAR is an active enterprise in the KBO register.
- What is the turnover of X-PLORAR?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €40,401 and 41 comparable companies (NACE 82990). It probably lies between €65,000 and €140,000.Financials
- Is X-PLORAR profitable?
- In financial year 2025, X-PLORAR made a profit of €30,011.
- Where can I find the annual accounts of X-PLORAR?
- X-PLORAR filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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