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X-PRO SERVICES

Active
Private limited companyfounded 2014active for 12 yearsThéodore Verhaegenstraat 196/202, 1060 Sint-Gillis (bij-Brussel), Belgium175 active companies are registered at this addressKBO/BCE: BE 0558.864.312
Summary

The computed 12-month bankruptcy probability of X-PRO SERVICES is 2.2% (moderate). The 2024 annual accounts show equity of €451,929 and a net result of -€41,382. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 38% of 3,534 sector peers (NACE 43, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Insulation installation
NACE 43230
6th largest company by equity in Sint-Gillis, Construction sector1 site
Size
€1.4mtotal assets 2024
Equity
€451,929
Loss
-€41,382
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 75 days overdue1 of 10 deeds read
Why 52raises riskFigures for financial year 2024 (filed 03-10-2025)1 financial year not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 lateLiquidity: current ratio 1.44, cash €74,284lowers riskSize: total assets €1.4mShow the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 57-6
equity 32.1% of total assets
Liquidity 21-7
short-term debt 67.6% · cash 5.3%
Profitability 65-18
return on assets -2.9%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 4.3% 12-2024: 5.3%▲ +1.0 percentage point vs 11-2024 01-2025: 7.8%▲ +2.5 percentage points vs 12-2024highest value 02-2025: 0.7%▼ -7.1 percentage points vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.5%▲ +0.9 percentage points vs 09-2025 11-2025: 0.8%▼ -1.7 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.7%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.2%▲ +0.7 percentage points vs 09-2026
Credit of up to €23,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.44, compared with 1.59 in 2023, below the usual 1.5; short-term debt: 67.6% and cash: 5.3% of total assets), and 67.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 34% on solvency, 12% on liquidity, 31% on profitability and 25% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 03-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.44, cash €74,284
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
59 days late
2023
148 days late
2022
214 days late
2021
197 days late
2020
152 days late
2019
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 148 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & sharesShare transfer · Shareholding
  2. Annual accounts filedfinancial year 2024 · full…
  3. Weakest financial yearnet -€41,382

Key points

  • Caution: From profit to loss in 2024after €141,979 in 2023 -€41,382 View
  • Caution: Among the weakest 10% on net resultsector median €29,350 · 3,533 companies -€41,382 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Total assets
€1.4m
Loss
-€41,382
Solvency
32.1%
Go to Financials

Timeline

Events
15
Since
2016
  1. 26-12-2024Annual accounts filed
  2. 01-03-2024Annual accounts filed
  3. 13-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Insulation installationNACE 43230
Founded
06-08-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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