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X - TENSION

Active
Private limited companyfounded 1999active for 27 yearsEdward Pynaertkaai 97, 9000 Gent, BelgiumKBO/BCE: BE 0466.373.129
Summary

X - TENSION has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,764 and a net result of -€31,607. Equity has been growing by about 3.9% per year since 2018. Its solvency ranks better than 61% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-06-1999 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.092.186.070 9000 Gent, since 15-09-1999
Financial year end
31 December
Peppol
Reachable since 13-10-2026

Board and ownership

Board
  • De Wulf GeertDirector
  • Plasmans AnnDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€34,214
▲ 32.7%
Loss
€31,607
▼ 48.7%
Equity
€256,764
▼ 20.8%
Total assets
€401,608
▼ 13.0%
  • 2025 accounts filed 21 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLoss of €31,607, the second in a row (financial year 2025)Last filed accounts filed 21 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €401,608Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 89-6
equity 63.9% of total assets
Liquidity 47+8
short-term debt 36.1% · cash 10.6%
Profitability 9+7
return on assets -7.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,536 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 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 04-2025lowest value 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: 0.8%▲ +0.8 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: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.9 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.55 (3.11 in 2024), above the usual 1.5. Short-term debt is 36.1% and cash 10.6% of total assets. 36.1% of the assets are financed with debt and provisions.
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 70, micro). It does better than 59% of them on solvency, 27% on liquidity, 10% on profitability and 22% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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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 · Loss of €31,607, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Last filed accounts filed 21 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €401,608
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€31,607
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 days late
2024
71 days late
2023
26 days late
2022
30 days late
2021
5 days late
2020
24 days early
2019
48 days late
← 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 25 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€31,607 View
  • Caution: Lower net result than 90% of companies in head offices and management consultancysector median €37,637 · 10,818 companies -€31,607 View

Comparable companies

These companies have the same main activity as X - TENSION: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €337,000 and €441,000, founded between 1996 and 2001.

CompanyTotal assetsGross margin
X - TENSION Gent€401,608-€34,214
PHARMACON Gent€440,606-€11,046
LOG - X Aalst€378,453-€15,017
SCHOENAERTS Temse€435,638-€6,025
LV BAKE OFF SERVICE Aalst€358,036-€407
Marc Van Hoecke & Co Sint-Martens-Latem€393,826-€19,916
AXXESS PARTNERS Deinze€337,209-€25,455
Full comparison

Key facts about X - TENSION

What is the company number of X - TENSION?
The company number of X - TENSION is 0466.373.129. The VAT number is the same number with BE in front: BE 0466.373.129.
Where is X - TENSION based?
The registered office is at Edward Pynaertkaai 97, 9000 Gent.Company details
What does X - TENSION do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of X - TENSION?
The legal form of X - TENSION is Private limited company (BV).
When was X - TENSION founded?
X - TENSION was founded on 29-06-1999.
Is X - TENSION still active?
Yes, X - TENSION is an active enterprise in the KBO register.
What is the turnover of X - TENSION?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is X - TENSION profitable?
In financial year 2025, X - TENSION made a loss of €31,607.
Where can I find the annual accounts of X - TENSION?
X - TENSION filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of X - TENSION due?
X - TENSION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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