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X-RIS

Active Private limited companyfounded 2009active for 17 yearsRue Louis Plescia 38, 4102 SeraingKBO/BCE: BE 0809.169.941 subsidiary of NDTS#3 company by staff growth in Seraing
X-RIS
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Overview

Lifetime

16 annual accounts with figures on one time axis
peak €4.7m (2024)
€4.5m▼ 3.8%
peak €2.4m (2024)
€1.8m▼ 27.5%
peak €4.2m (2025)
€4.2m▲ 18.9%
€6.5m▼ 0.4%
peak 32 FTE (2025)
32 FTE▲ 26.5%
Board4 names since 2019
1 directorNDTS
Owners3 names in the annual accounts
90%NDTS and 2 others
Documentsfilings and deeds
18-03-202643 days before the deadline
2025financial year
Result from €2.4m to €1.8mStaff from 25.3 FTE to 32 FTEDividend €1.0mEquity from €3.6m to €4.2mInvestments €1.2mCash from €2.1m to €1.3m

Key points

from the 2025 annual accounts

Equity

€4.2m ▲ 18.9%

X-RIS has made a profit in every financial year since 2010.

Result

€1.8m ▼ 27.5%
€2.4m2024€1.8m2025

The result fell in 2025 from €2.4m to €1.8m.

Turnover

≈ €7.8m estimated

The accounts state no turnover.

Investments

€1.2m 7.8 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 91.8% higher than in 2024.

Staff

35 employees on 30-09-2025
54202251202310320241262025

In 2025, 12 people joined and 6 left.

Filings

16 annual accounts since 2010
deadline2010201520202025

The 2017 accounts came 90 days late. The other nine of the last ten were filed on time.

Checked score

93
Excellent
Financially stronger than 66% of small companies in computer and electronic products (NACE 26)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 116 companies (NACE 26, small).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

64+4equity 39.1% of total assets
51=short-term debt 32.7% · cash 12.3%
89-10return on assets 16.2%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Size: 32 FTE, total assets €10.8m
Figures for financial year 2025 (filed on 18-03-2026)
Liquidity: current ratio 2.43, cash €1.3m
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 26, small). It does better than 40% of them on solvency, 58% on liquidity, 91% on profitability and 73% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.

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, 17,811 companies had the same profile as X-RIS has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of X-RIS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,811 companies, not a prediction for X-RIS. 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 €390,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.43 (1.8 in 2024), above the usual 1.5. Short-term debt is 32.7% and cash 12.3% of total assets. However, 60.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: 32 FTE, total assets €10.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 18-03-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.43, cash €1.3m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
90 days early
2023
on the day
2022
65 days early
2021
103 days early
2020
109 days early
2019
91 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 72 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 24 February (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

N
NDTS
Director, since 13-12-2019
  • NDTS 90%score 90equity €12.5m (2025) · 2025 annual accounts of NDTS
  • HDEX 10%equity €1.2m (2025) · 2025 annual accounts of HDEX

Shares in 1 company, X-RIS USA INC

Board & ownership

Recent changes

Registered office moved from Herstal to Seraing New registered office: Rue Louis Plescia 38, 4102 Seraing · Previous registered office: Rue d'Abhooz 25, 4040 Herstal · Board meeting of 15-09-2026 · Gazette deed
New establishment in Seraing Rue Louis Plescia 38
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809169941
1 director appointed, 2 resignations Resignations: Nicolas Poelst and Stéphane Fabry · Appointment: NDTS · General meeting of 18-12-2019 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
X-RIS Seraing - - 39.1% 32
TRAXGO Waregem - - 3.8% 18.4
ORTHODYNE Ans €10.1m 0.6% 56.6% 47.6
SKIDATA Zaventem - - 33.9% 23.4
Jumo Automation Eupen €7.8m 5.9% 87.8% 37.4
DALEMANS S.A. Remicourt €9.3m 8.0% 50.0% 52.2
Rentaltec Duffel - - 3.7% 20

These companies have the same main activity as X-RIS: manufacture of computer, electronic and optical products (NACE 26510). They are comparable in size and age: total assets between €4.7m and €11m, founded between 1984 and 2018.

Official details

Source: KBO
Status
Active since 16-01-2009Normal situation
Activity
Manufacture of computer, electronic and optical productsNACE 26510and 4 others
Establishment units
2.201.240.8934040 Herstal, since 12-08-2011
2.388.178.3054102 Seraing, since 01-06-2026
Financial year end
30 September
Peppol
Reachable since 26-11-2025
Company details

Annual accounts to 30-09-2025

€4.5m▼ 3.8%
€1.8m▼ 27.5%
€4.2m▲ 18.9%
€10.8m▲ 6.4%
Employeeson 30-09-2025
35▲ 20.7%
Filing
Filed on 18-03-2026, 43 days before the end of the filing period
Financials

Insights on X-RIS

X-RIS has existed since 2009. In 2013 the gross margin rose from €124,011 to €320,367 and staff from 1 to 1.8 full-time equivalents.

NDTS holds 90% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 18-03-2026, 43 days before the deadline
€4.5m
▼ 3.8%
€1.9m
▼ 27.0%
€1.8m
▼ 27.5%
€5.1m
▲ 27.7%
39.1%
▲ 4.1 percentage points
2.43
▲ 0.64

The turnover shown is an estimate from the gross margin.

Turnover ≈ €7.8m. Estimated: probably between €5.3m and €13.0m.

In the rankings #3 company by staff growth in Seraing#6 company by equity in Seraing, Manufacturing sector#7 company by total assets in Seraing, Manufacturing sector

Balance sheet

balance sheet total €10.8m on 30-09-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

39.1%

Higher than 36% of 173 companies in 2025.

2.43

Higher than 58% of 170 companies in 2025.

16.2%

Higher than 90% of 172 companies in 2025.

X-RIS Middle half of the sector 80% of the sector Full accounts in computer and electronic products (NACE 26)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€75,741

Staff costs divided by the average number of full-time equivalents.

+6 people

people who joined people who left

In 2025, 12 people joined and 6 left. Training hours in 2025: 47.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 10.8m10.2m6.8m5.8m5.7m6.1m6.1m4.8m3.9m3.0m2.2m1.5m853,443404,772139,85168,056
21/28 2.2m1.2m1.1m575,709517,073497,489549,532617,205681,645689,388672,50859,01712,21123,24525,0952,089
21 125,796120,563126,280122,20077,89465,80859,57433,097-1,5753,1504,725----
22/27 2.1m1.0m981,046453,479439,149431,651489,928584,108681,645687,813664,89949,64112,01823,12524,9752,089
22 273,050292,250317,451342,652367,852393,053424,362457,872493,774532,277573,605-----
23 56,74129,57922,37720,59330,19729,05238,59062,13699,47072,88972,35637,22612,01823,12524,9752,089
24 45,02149,35423,72635,95026,0716,2338,79431,04948,14930,28518,9383,662----
26 16,82222,75727,85654,28515,0293,31318,18233,05140,25152,362-8,753----
27 1.7m650,984589,637-------------
28 25,35834,57131,07130303030---4,4594,652193120120-
29/58 8.6m9.0m5.6m5.3m5.2m5.6m5.5m4.2m3.2m2.3m1.5m1.5m841,232381,527114,75665,967
29 124,774953,023961,094603,773678,6741.2m----------
291 124,774953,023961,094603,773678,6741.2m----------
3 1.3m1.3m1.0m634,115650,102704,803498,488211,208430,029359,361224,799181,99423,222--9,495
30/36 1.3m1.3m1.0m634,115650,102704,803498,488211,208430,029359,361224,799181,99423,222--9,495
40/41 5.7m4.3m1.9m1.7m1.8m2.0m1.2m2.0m1.2m772,133714,776746,533437,218107,55143,20733,128
40 4.1m2.8m1.6m1.3m1.1m585,015761,1881.2m604,779346,127214,218238,018412,96867,18727,34825,194
41 1.7m1.5m315,803390,310780,1421.4m396,053800,660617,691426,006500,558508,51524,25140,36315,8597,934
50/53 1,972291,143289,078488,329487,891358,2492.0m1.1m1.0m1.0m330,638437,608250,571102,6832,14010,000
54/58 1.3m2.1m1.4m1.9m1.5m1.4m1.9m920,872446,396114,187213,390107,484127,763171,29369,40913,344
490/1 78,45638,26999,43512,68312,85110,28422,10547,67760,53060,01118,0351,6752,458---
Balance sheet: equity and liabilities
10/49 10.8m10.2m6.8m5.8m5.7m6.1m6.1m4.8m3.9m3.0m2.2m1.5m853,443404,772139,85168,056
10/15 4.2m3.6m3.7m3.4m2.6m2.4m1.8m3.4m2.4m1.7m953,982498,827181,376112,45182,82834,797
10/11 34,00034,00034,00034,00034,000-34,00034,00034,00034,00034,00034,00034,00034,00034,00034,000
100 ------34,00034,00034,00034,00034,00034,00034,00034,00034,00034,000
11 -----34,000----------
1100/10 -----34,000----------
13 3.9m3.4m3.5m3.2m2.5m2.2m1.7m3.3m2.3m1.6m903,400453,4003,4003,4003,400797
130/1 3,4003,4003,4003,4003,4003,400875,000---------
130 ------3,4003,4003,4003,4003,4003,4003,4003,4003,400797
1312 ------875,000---------
1319 3,4003,4003,4003,4003,4003,400----------
132 -----310,000620,000620,000620,000310,000------
133 3.9m3.4m3.5m3.2m2.5m1.9m225,0002.7m1.7m1.3m900,000450,000----
14 289,734113,813103,88265,94152,39779,66566,98275,55226,62024,82716,58211,427143,97675,05145,428-
15 49,14952,60557,14161,67766,21370,749----------
16 57,60452,47533,54923,60734,72961,30447,63565,58969,98994,94589,12266,77038,182---
160/5 57,60452,47533,54923,60734,72961,30447,63565,58969,98994,94589,12266,77038,182---
164/5 57,60452,47533,54923,60734,72961,30447,63565,58969,98994,945------
17/49 6.5m6.5m3.0m2.4m3.1m3.7m4.2m1.3m1.4m1.2m1.1m968,714633,885292,32157,02433,259
17 932,633330,266378,123151,704186,968229,133274,190340,360374,732421,229459,022191,250172,125129,923--
170/4 932,633330,266378,123151,704186,968229,133274,190340,360374,732421,229459,022191,250172,125129,923--
42/48 3.5m5.0m2.4m1.8m2.2m2.1m3.5m408,909579,783531,196199,519357,464461,760162,39857,02433,259
42 140,34754,92857,44338,58945,56458,48243,31334,37339,60140,42239,057-----
43 -----------13----
430/8 -----------13----
44 1.5m1.6m587,066813,025338,884322,302290,186227,732439,507314,894129,567320,55179,802121,92651,41127,231
440/4 1.5m1.6m587,066813,025338,884322,302290,186227,732439,507314,894129,567320,55179,802121,92651,41127,231
46 317,389878,763395,66592,076211,914--7,30015,645116,533--266,222--489
45 509,975368,139307,700277,749184,645208,014168,615139,50485,03059,33230,58431,58851,96318,1994,7421,289
450/3 88,5042,02121,92757,53412369,556-24,094-14,0252,02713,55041,65810,8402,1521,289
454/9 421,471366,118285,773220,215184,521138,458168,615115,41085,03045,30728,55718,03810,3057,3602,590-
47/48 1.1m2.1m1.1m531,5041.4m1.5m3.0m--153115,31163,77222,2728714,250
492/3 2.1m1.2m244,480513,731681,6381.3m441,254587,681468,670296,280472,500420,000----
Income statement
76A -----45,98022,420---58,224-----
9900 4.5m4.7m3.0m2.7m3.0m2.9m2.7m2.0m1.6m1.7m963,622679,232320,367124,01172,7084,797
62 2.4m1.9m1.5m1.1m961,665970,1291.0m756,323496,019443,349278,180171,76882,28445,6156,144-
630 150,050148,895146,638134,877110,881133,880134,221139,668140,680133,217113,25637,54011,93715,53016,3292,025
631/4 11,50011,500-121,11029,20447,25511,63042,17045,19524,73760,56863,25027,000----
635/8 5,12918,9269,942-11,122-26,57513,669-17,954-4,400-4,342-1,7299,29028,58838,182---
640/8 19,72833,01418,61910,88825,1603,86612,11911,79712,1658,8623,2171,395750595549917
66A 12,766--453,339-109,8108,450-14,9089,703-----
9901 1.9m2.6m1.5m1.4m1.8m1.7m1.4m1.1m974,0841.0m496,429412,941187,21362,27149,6871,855
75/76B 128,50638,00451,12015,60413,896356,63134,59516,4947,32627,11622,9827,5781,7801,118991414
75 128,50638,00451,12015,60413,896310,65112,17616,4947,32627,11622,9827,5781,7801,118991414
76B -----45,98022,420---------
65/66B 93,15869,08531,77528,42825,51617,60016,56718,54724,61751,35610,3293,1879258275341,076
65 88,21460,84026,89120,20522,17717,60013,22818,54724,61736,44810,3293,1879258275341,076
66B 4,9438,2454,8848,2233,339-3,339--14,908------
9903 1.9m2.6m1.5m1.4m1.8m2.1m1.4m1.1m956,793982,617557,603417,333188,06862,56350,1441,193
67/77 194,319170,660119,505106,502188,31144,86737,12024,431100,000264,371102,44994,88156,14310,9402,114396
9904 1.8m2.4m1.4m1.3m1.6m2.0m1.4m1.1m856,793718,246455,155322,451131,92551,62348,031797
689 --------310,000310,000------
9905 1.8m2.4m1.4m1.3m1.6m2.0m1.4m1.1m546,793408,246455,155322,451131,92551,62348,031797
Appropriation of the result
9906 1.9m2.5m1.4m1.4m1.7m2.1m1.5m1.1m571,620424,827466,582466,427206,97697,05148,031797
14P 113,813103,88265,94152,397------------
791/2 -500,000----1.6m---------
691/2 500,000350,000280,000750,000250,000500,000-1.0m400,000400,000450,000450,000--2,603797
6920 --------------2,603797
6921 500,000350,000280,000750,000250,000500,000-1.0m400,000400,000450,000450,000----
694/7 1.1m2.6m1.0m539,0301.4m1.5m3.0m16,153145,000--5,00063,00022,000--
694 1.0m2.5m1.0m500,0001.4m1.5m3.0m-145,000--5,00040,00010,000--
695 ------------23,00012,000--
696 79,41562,35537,19239,03020,20220,99714,77116,153--------
Social balance sheet
9087 3225.320.417.515.414.213.310.98.37.15.851.810.4-
Hours worked1013 51,50041,47132,15426,5075,72523,74222,79818,60613,11511,9567,9245,6552,9491,600676-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 18-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 full format 18-03-2026 2026-00056112 PDF
30-09-2024 full format 30-01-2025 2025-00021148 PDF
30-09-2023 full format 30-04-2024 2024-00081297 PDF
30-09-2022 full format 24-02-2023 2023-00032136 PDF
30-09-2021 full format 17-01-2022 2022-01200490 PDF
30-09-2020 full format 11-01-2021 2021-00600522 PDF
30-09-2019 full format 30-01-2020 2020-03800133 PDF
30-09-2018 full format 30-04-2019 2019-12400082 PDF
30-09-2017 full format 29-07-2018 2018-40900552 PDF
30-09-2016 full format 25-04-2017 2017-10000178 PDF
30-09-2015 full format 19-04-2016 2016-10200556 PDF
30-09-2014 full format 17-04-2015 2015-09900164 PDF
30-09-2013 full format 13-05-2014 2014-11900597 PDF
30-09-2012 full format 13-05-2013 2013-11500391 PDF
30-09-2011 full format 30-03-2012 2012-07400299 PDF
30-09-2010 full format 28-03-2011 2011-06600090 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
2.1m2.8m1.6m1.6m2.0m1.9m1.6m1.2m1.1m1.1m609,685450,482199,15077,80166,0163,880
1.9m2.6m1.5m1.4m1.8m2.2m1.5m1.2m997,473851,463568,411359,992143,86267,15364,3602,822
1.2m210,557715,370193,512130,46587,92567,46893,378132,937154,556766,64384,33890313,68039,3363,213
-741,539673,355-463,437319,201129,686-448,654934,128474,476332,209-99,203105,907-20,279-43,531101,88456,065-
5.1m4.0m3.2m3.5m3.0m3.5m2.0m3.8m2.6m1.8m1.3m1.1m379,472219,12957,73232,708
39.1%35.0%54.7%58.1%45.9%39.2%30.0%71.0%61.5%55.4%43.9%32.5%21.3%27.8%59.2%51.1%
2.431.802.343.002.372.701.5810.325.514.387.534.131.822.352.011.98
2.061.541.922.632.082.361.449.804.773.706.403.621.772.352.011.70
1.541.840.820.711.171.522.310.390.600.751.191.943.492.600.690.96
41.5%68.2%36.6%38.5%62.6%84.5%77.1%31.0%35.9%43.0%47.7%64.6%72.7%45.9%58.0%2.3%
16.2%23.9%20.1%22.4%28.7%33.1%23.1%22.0%22.1%23.8%20.9%21.0%15.5%12.8%34.3%1.2%
23.4045.5859.5777.05------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-09-202530-09-202430-09-202330-09-2022
Employees at the balance-sheet date35292218
full-time32261916
part-time3332
in full-time equivalents33.827.620.417.5
3225.319.716.6
On a permanent contract35292218
Joined121055
Left6314
Training hours4717324

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-09-202530-09-202430-09-202330-09-2022
Debts secured on the company's own assets€1.1m€351,961€371,252-
€3.2m€3.2m€3.2m-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets€1.1m€127,378€609,348€85,196
Intangible fixed assets€87,498€79,679€74,981€108,316
Financial fixed assets-€3,500€31,041-
€150,050€148,895€146,638€134,877

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on X-RIS

The operating result for 2025 is 27% lower than in 2024.

Debt's share of the balance-sheet total falls from 64.5% to 60.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2019
NDTS BV
Director
since 13-12-2019
listed in the 2025 annual accounts, filed on 18-03-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
NDTS
Director
Nicolas Poelst
Director
Stéphane Fabry
Director
GREFFE Christophe
Manager
BoardEarliermandate already running before its first mention
Mandates as a list
  • NDTS
    • Director, from 13-12-2019 to date
  • Nicolas Poelst
    • Director, until 13-12-2019
  • Stéphane Fabry
    • Director, until 13-12-2019
  • GREFFE Christophe
    • Manager, until 06-12-2019

See the board, name and registered office on a given date →

Control

Parent
NDTS
Equity €12.5m
Profit €928,414 in 2025 (profit €2.3m in 2024)
Checked score 90
90%
This company
X-RIS
Equity €4.2m
Profit €1.8m in 2025

and 1 other shareholder

Capital

Contribution
€34,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
NDTS
90%
90%
HDEX
10%
10%
SCEP
listed
listed
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 06-12-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director

Shareholders

2 owners

Owners 2

  • NDTSparent
    Equity €12.5m Profit of €928,414 in 2025 (profit of €2.3m in 2024) Checked score 90
    Sourceaccounts NDTS 2025
    90%+ 10% via subsidiaries
  • HDEX
    Equity €1.2m Profit of €98,043 in 2025 (profit of €247,940 in 2024)
    Sourceaccounts HDEX 2025
    10%

Network & group

Holdings

own accounts to 30-09-2025
This companyX-RIS1 holding, 1 country accounts to 30-09-2025

North America 1 Equity Result

  • US X-RIS USA INC -USD 45,308 result USD 20,264

Source: list of holdings in its own 30-09-2025 accounts. The amounts are in that list and come from the holdings' accounts at 30-09-2025, in their own currency.

Parent

NDTS
0739.565.612 · 90% of the shares · equity €12.5m · profit €928,414 (2025)
Checked score 90

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2023 to 2025
Holdings through the years
Name202320242025
X-RIS USA INCUS 100%

Source: list of holdings in its own accounts

Connections & network

1 current director
Depth

The network lets you explore the ties of X-RIS.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

31 events since 2009

Deadline for the 2026 accounts: 30-04-2027

2026
Registered office moved from Herstal to SeraingNew registered office: Rue Louis Plescia 38, 4102 Seraing · Previous registered office: Rue d'Abhooz 25, 4040 Herstal · Board meeting of 15-09-20262 points ▸
  • Board meeting, 15-09-2026
  • Registered-office move, Rue Louis Plescia 38, 4102 Seraing

Open the deed in the Belgian Official Gazette

New establishment in Seraing Rue Louis Plescia 38
Annual accounts 2025 filed PDFfull format · 43 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809169941
Annual accounts 2024 filed PDFfull format · 90 days before the deadline
2024
Highest result from 2010 to 2025 net €2.4m ▲78.7% The operating result of €2.6m and the net result of €2.4m are both a record.
Annual accounts 2023 filed PDFfull format · on the deadline day
2023
Annual accounts 2022 filed PDFfull format · 65 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 103 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 109 days before the deadline
2020
1 director appointed, 2 resignationsResignations: Nicolas Poelst and Stéphane Fabry · Appointment: NDTS · General meeting of 18-12-20194 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 91 days before the deadline
2019
Resignation: GREFFE Christophe (manager)Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: GREFFE Christophe (manager) · General meeting of 15-11-20197 points ▸
  • General meeting, 15-11-2019
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • 1,000,000 shares
  • Director resignation, GREFFE Christophe (manager)
  • Director discharge, GREFFE Christophe (manager)
  • Power of attorney, GREFFE Christophe
  • Power of attorney, Manon DEPREZ
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · on the deadline day
2018
Annual accounts 2017 filed PDFfull format · 90 days late
2017
Equity above €2m equity €2.4m ▲42.6% With a profit in every financial year since 2010, equity grows to €2.4m.
Annual accounts 2016 filed PDFfull format · 5 days before the deadline
2016
Equity above €1m equity €1.7m ▲75.3% With a profit in every financial year since 2010, equity grows to €1.7m.
Annual accounts 2015 filed PDFfull format · 11 days before the deadline
2015
Equity above €500,000 equity €953,982 ▲91.2% With a profit in every financial year since 2010, equity grows to €953,982.
Annual accounts 2014 filed PDFfull format · 13 days before the deadline
2014
Liquidity more than doubled current ratio 4.13 The current ratio rises from 1.82 to 4.13. Short-term debt falls from €461,760 to €357,464.
Equity above €200,000 equity €498,827 ▲175% With a profit in every financial year since 2010, equity grows to €498,827.
Annual accounts 2013 filed PDFfull format · 13 days late
2013
Equity above €150,000 equity €181,376 ▲61.3% With a profit in every financial year since 2010, equity grows to €181,376.
Annual accounts 2012 filed PDFfull format · 13 days late
2012
Equity above €100,000 equity €112,451 ▲35.8% With a profit in every financial year since 2010, equity grows to €112,451.
Annual accounts 2011 filed PDFfull format · 31 days before the deadline
2011
First establishment Rue d'Abhooz 25, Herstal
Annual accounts 2010 filed PDFfull format · 33 days before the deadline
2009
Incorporation PDFpublished on 20-01-2009

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

X-RIS was incorporated on 16 January 2009.1 The registered office was moved to Seraing in 2026.2 Total assets rose from €6.1m in 2019 to €10.8m in 2025 and headcount from 13.3 to 32 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-09-2026
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0809.169.941
VAT number
BE 0809.169.941
Peppol ID
0208:0809169941
Other Peppol ID
9925:BE0809169941
LEI code
6488085J9K5XSANV9568 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
16-01-2009
Financial year
ends on 30 September
Peppol
Reachable since 26-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
X-RIS in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-12-2019 (in French)

Activities

NACEBEL 2025
VAT activities
26510 Manufacture of computer, electronic and optical products main activity
62100 Computer programming
70200 Business and other management consultancy
71121 Engineering and related technical consultancy, excluding land surveyors
Social security (RSZ) activities
46460 Wholesale of pharmaceutical and medical goods main activity
Codes under NACEBEL 2008
VAT activities
26510 Manufacture of computer, electronic and optical products main activity
62010 Computer programming, consultancy and related activities
70220 Business consulting
71121 Engineering activities
Social security (RSZ) activities
46460 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La consultance en recherche et le Développement à vocation nationale ou internationale; Le management; L'import et l'export,le…”
3 activities
  1. La consultance en recherche et le Développement à vocation nationale ou internationale
  2. Le management
  3. L'import et l'export,le prototypage,la fabrication et la vente de matériel et composants technologique,scientifique,électrique(en particulier de haute et très haute tension),électronique,d'instrumentation,d'optique,d'ultra-sons,d'imagerie dans le domaine du rayonnement visible et invisible(infra rouge et rayons X),de détecteurs et de capteurs,de radiologie dans le domaine médical,vétérinaire,de la sécurité,du contrôle non destructif ou autre application,de tubes à vide(tubes à rayons X,thyratrons),informatique(hardware et software),chimique dont les résines techniques et les semi-conducteurs
deed of 06-12-2019 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit number
Rue d'Abhooz 25 4040 Herstal 12-08-2011 2.201.240.893
Rue Louis Plescia 38 registered office 4102 Seraing 62100 Computer programming 01-06-2026 2.388.178.305

Buildings and parcels at the addresses

Ground area
2,751 m²
Buildings
163 m²
Volume, LiDAR
1,413 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
163 m², 10.3 m 163 m², 10.3 m

Location

registered office establishment approximate All 2 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62312A0453/00W0002,751 m² 1 · 163 m² 10.3 m · 3

Contact

Website www.xris.eu establishment in Seraing
E-mail info@xris.eu establishment in Seraing

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