X-SERVICE PLUS
ActiveX-SERVICE PLUS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €924k and a net result of €113k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-2
Solvency70▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.06 in 2023; short-term debt: 42% and cash: 8.7% of total assets), but 55.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.8%
Return on assets
5.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
64 d early
2022
20 d early
2021
61 d early
2020
86 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€924k▼ 2.4%
2023 · €947k
2018: €201k
2019: €253k
2020: €353k
2021: €492k
2022: €816k
2023: €947k
2018 → 2024
Total assets
€2.06M▲ 17.6%
2023 · €1.76M
2018: €1.70M
2019: €1.39M
2020: €1.37M
2021: €1.71M
2022: €1.87M
2023: €1.76M
2018 → 2024
Net result
€113k▼ 13.9%
2023 · €131k
2018: €84k
2019: €52k
2020: €100k
2021: €139k
2022: €324k
2023: €131k
2018 → 2024
Working capital
€823k▲ 9.5%
2023 · €752k
2018: €289k
2019: €343k
2020: €332k
2021: €395k
2022: €587k
2023: €752k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€353k-€492k▲ 39.5%€816k▲ 65.9%€947k▲ 16.1%€924k▼ 2.4%
Operating result€189k-€254k▲ 34.4%€286k▲ 12.9%€231k▼ 19.4%€192k▼ 16.6%
Net result€100k-€139k▲ 39.2%€324k▲ 133%€131k▼ 59.6%€113k▼ 13.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.06M
Fixed assets
€376k▲ 28.2%
Current assets
€1.69M▲ 15.5%
Equity and liabilities €2.06M
Equity
€924k▼ 2.4%
Debt
€1.14M▲ 41.0%
The debt ratio rises from 46.0% to 55.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€278k▼
2023 · €293k
Cash flow
€199k▲
2023 · €194k
Solvency
44.8%▼
2023 · 54.0%
Current ratio
1.95▼
2023 · 2.06
Quick ratio
1.83▲
2023 · 1.83
Debt / equity
1.23▲
2023 · 0.85
ROE
12.2%▼
2023 · 13.8%
ROA
5.5%▼
2023 · 7.5%
Interest coverage
7.89▲
2023 · 6.18
Debt
€1.14M▲
2023 · €808k
Debt ≤ 1 year
€866k▲
2023 · €711k
Debt > 1 year
€131k▲
2023 · €82k
Income taxes
€53k▼
2023 · €58k
Staff costs
€660k▲
2023 · €554k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.76M€2.06M▲
Fixed assets21/28€293k€376k▲
Tangible fixed assets22/27€289k€372k▲
Land and buildings22-€12k
Plant, machinery and equipment23€44k€78k▲
Furniture and vehicles24€108k€102k▼
Leasing and similar rights25-€99k
Other tangible fixed assets26€92k€81k▼
Assets under construction and advance payments27€45k€0▼
Financial fixed assets28€4k€4k=
Current assets29/58€1.46M€1.69M▲
Amounts receivable after more than one year29€150k€200k▲
Other amounts receivable291€150k€200k▲
Stocks and contracts in progress3€159k€100k▼
Stocks30/36€4k€4k▲
Contracts in progress37€155k€96k▼
Amounts receivable within one year40/41€822k€1.16M▲
Trade receivables40€477k€887k▲
Other amounts receivable41€345k€271k▼
Cash at bank and in hand54/58€255k€180k▼
Deferred charges and accrued income490/1€76k€51k▼
Equity and liabilities
Total equity and liabilities10/49€1.76M€2.06M▲
Equity10/15€947k€924k▼
Contributions10/11€19k€19k=
Reserves13€929k€906k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€929k€906k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€808k€1.14M▲
Amounts payable after more than one year17€82k€131k▲
Financial debts170/4€82k€131k▲
Amounts payable within one year42/48€711k€866k▲
Current portion of amounts payable after more than one year42€37k€41k▲
Financial debts43€275k€278k▲
Credit institutions430/8€275k€278k▲
Trade debts44€334k€308k▼
Suppliers440/4€334k€308k▼
Taxes, remuneration and social security45€65k€92k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€62k€88k▲
Other amounts payable47/48-€146k
Accrued charges and deferred income492/3€16k€143k▲
Income statement
Code20232024
Non-recurring operating income76A€0€23k▲
Remuneration, social security and pensions62€554k€660k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€86k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€21k€29k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€872k€968k▲
Operating profit (loss)9901€231k€192k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€47k€35k▼
Recurring financial charges65€47k€35k▼
Profit (loss) for the period before taxes9903€189k€166k▼
Income taxes67/77€58k€53k▼
Profit (loss) for the period9904€131k€113k▼
Profit (loss) for the period to be appropriated9905€131k€113k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€113k▼
Transfer from equity791/2-€136k
Transfer to equity691/2€131k€113k▼
To other reserves6921€131k€113k▼
Profit to be distributed694/7-€136k
Return on contributions (dividend)694-€136k
Social balance
Average headcount (FTE)908713.314.9▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €324k ▲133%
Net result €324k, the highest in the series.
31-12
Financial
Equity above €500kEq €816k ▲65.9%
5 profitable years in a row build equity to €816k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €52k ▼38.2%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Genk · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jan Latoslaan 113600 GenkGround area
5,051 m²
Building footprint
1,423 m²
Volume, LiDAR
10,852 m³
Parcel 71302A0032/00Z035, Flanders · tallest building 8.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
X-Service Plus
since 20062.152.465.929
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00Z035 | Flanders | 5,050 m² | 1 · 1,423 m² | 8.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,636 EUR awarded · 2,513 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 534 EUR | 447 EUR |
| 2024 | 1 | 1,428 EUR | 1,428 EUR |
| 2023 | 1 | 174 EUR | 138 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 3,388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2005
Fiscal year end31-12
Activities, NACEBEL
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
28300
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.