X-TREME
ActiveSummary
X-TREME has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €597k and a net result of €20k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-9
Solvency76▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 3.49 in 2024; short-term debt: 8.3% and cash: 21.8% of total assets), and 48.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
51.2%
Return on assets
1.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
8 d late
2024
68 d early
2023
55 d early
2022
70 d early
2021
36 d early
2020
47 d early
2019
47 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€597k▲ 3.4%
2024 · €578k
2018: €291klowest in 8 years
2019: €349k▲ +19.9% vs 2018
2020: €374k▲ +7.2% vs 2019
2021: €419k▲ +11.8% vs 2020
2022: €541k▲ +29.2% vs 2021
2023: €599k▲ +10.7% vs 2022highest in 8 years
2024: €578k▼ -3.6% vs 2023
2025: €597k▲ +3.4% vs 2024
2018 → 2025
Total assets
€1.17M▲ 49.1%
2024 · €782k
2018: €801k
2019: €757k▼ -5.5% vs 2018lowest in 8 years
2020: €759k▲ +0.2% vs 2019
2021: €804k▲ +5.9% vs 2020
2022: €1.01M▲ +25.9% vs 2021
2023: €947k▼ -6.4% vs 2022
2024: €782k▼ -17.4% vs 2023
2025: €1.17M▲ +49.1% vs 2024highest in 8 years
2018 → 2025
Net result
€20k▼ 71.1%
2024 · €68k
2018: €48k
2019: €58k▲ +20.5% vs 2018
2020: €25k▼ -56.6% vs 2019
2021: €44k▲ +76.0% vs 2020
2022: €122k▲ +176% vs 2021highest in 8 years
2023: €58k▼ -52.5% vs 2022
2024: €68k▲ +17.8% vs 2023
2025: €20k▼ -71.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€317k▼ 9.2%
2024 · €349k
2018: €178klowest in 8 years
2019: €233k▲ +30.7% vs 2018
2020: €246k▲ +5.6% vs 2019
2021: €336k▲ +36.5% vs 2020
2022: €369k▲ +9.9% vs 2021
2023: €416k▲ +12.6% vs 2022highest in 8 years
2024: €349k▼ -16.0% vs 2023
2025: €317k▼ -9.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€419k-€541k▲ 29.2%€599k▲ 10.7%€578k▼ 3.6%€597k▲ 3.4%
2021: €419klowest in 5 years
2022: €541k▲ +29.2% vs 2021
2023: €599k▲ +10.7% vs 2022highest in 5 years
2024: €578k▼ -3.6% vs 2023
2025: €597k▲ +3.4% vs 2024
Operating result€82k-€159k▲ 93.5%€105k▼ 34.0%€110k▲ 5.0%€45k▼ 59.6%
2021: €82k
2022: €159k▲ +93.5% vs 2021highest in 5 years
2023: €105k▼ -34.0% vs 2022
2024: €110k▲ +5.0% vs 2023
2025: €45k▼ -59.6% vs 2024lowest in 5 years
Net result€44k-€122k▲ 176%€58k▼ 52.5%€68k▲ 17.8%€20k▼ 71.1%
2021: €44k
2022: €122k▲ +176% vs 2021highest in 5 years
2023: €58k▼ -52.5% vs 2022
2024: €68k▲ +17.8% vs 2023
2025: €20k▼ -71.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€753k ▲ 157%
Current assets
€414k ▼ 15.3%
Equity and liabilities €1.17M
Equity
€597k ▲ 3.4%
Debt
€569k ▲ 178%
Debt's share of the balance-sheet total rises from 26.1% to 48.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▼
2024 · €168k
Cash flow
€86k▼
2024 · €126k
Current ratio
4.26▲
2024 · 3.49
Quick ratio
3.20▼
2024 · 3.27
Debt to equity
0.95▲
2024 · 0.35
ROE
3.3%▼
2024 · 11.9%
ROA
1.7%▼
2024 · 8.8%
Interest coverage
7.65▼
2024 · 15.61
Debt ≤ 1 year
€97k▼
2024 · €140k
Debt > 1 year
€472k▲
2024 · €64k
Income taxes
€11k▼
2024 · €32k
Staff costs
€260k▲
2024 · €212k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€782k€1.17M▲
Fixed assets21/28€293k€753k▲
Tangible fixed assets22/27€293k€752k▲
Land and buildings22€116k€606k▲
Plant, machinery and equipment23€110k€100k▼
Furniture and vehicles24€19k€21k▲
Leasing and similar rights25€48k€25k▼
Financial fixed assets28€222€222=
Current assets29/58€489k€414k▼
Stocks and contracts in progress3€32k€102k▲
Stocks30/36€32k€102k▲
Amounts receivable within one year40/41€150k€56k▼
Trade receivables40€98k€11k▼
Other amounts receivable41€53k€46k▼
Current investments50/53€62€62=
Cash at bank and in hand54/58€307k€254k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€782k€1.17M▲
Equity10/15€578k€597k▲
Contributions10/11€109k€109k=
Reserves13€469k€489k▲
Distributable reserves133€469k€489k▲
Amounts payable17/49€204k€569k▲
Amounts payable after more than one year17€64k€472k▲
Financial debts170/4€64k€472k▲
Amounts payable within one year42/48€140k€97k▼
Current portion of amounts payable after more than one year42€60k€61k▲
Financial debts43€2k€639▼
Credit institutions430/8€2k€639▼
Trade debts44€32k€8k▼
Suppliers440/4€32k€8k▼
Taxes, remuneration and social security45€32k€27k▼
Taxes450/3€7k€831▼
Remuneration and social security454/9€25k€27k▲
Other amounts payable47/48€15k-
Income statement
Code20242025
Remuneration, social security and pensions62€212k€260k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€67k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€506-
Gross operating margin9900€384k€374k▼
Operating profit (loss)9901€110k€45k▼
Financial income75/76B€701€793▲
Recurring financial income75€701€793▲
Financial charges65/66B€11k€15k▲
Recurring financial charges65€11k€15k▲
Profit (loss) for the period before taxes9903€100k€31k▼
Income taxes67/77€32k€11k▼
Profit (loss) for the period9904€68k€20k▼
Profit (loss) for the period to be appropriated9905€68k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€20k▼
Transfer to equity691/2€68k€20k▼
To other reserves6921€68k€20k▼
Social balance
Average headcount (FTE)90872.63.0▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €86 | - | - | - | - |
| Remuneration, social security and pensions62 | €143k | €229k | €230k | €212k | €260k | ▲ 22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €61k | €64k | €58k | €67k | ▲ 15.5% |
| Other operating charges640/8 | €7k | €11k | €2k | €3k | €3k | ▼ 8.8% |
| Non-recurring operating charges66A | €6k | - | - | €506 | - | - |
| Gross operating margin9900 | €282k | €459k | €401k | €384k | €374k | ▼ 2.5% |
| Operating profit (loss)9901 | €82k | €159k | €105k | €110k | €45k | ▼ 59.6% |
| Financial income75/76B | €20k | €35k | €197 | €701 | €793 | ▲ 13.1% |
| Recurring financial income75 | €5k | €9k | €197 | €701 | €793 | ▲ 13.1% |
| Non-recurring financial income76B | €15k | €27k | - | - | - | - |
| Financial charges65/66B | €17k | €14k | €21k | €11k | €15k | ▲ 35.0% |
| Recurring financial charges65 | €17k | €14k | €21k | €11k | €15k | ▲ 35.0% |
| Profit (loss) for the period before taxes9903 | €85k | €180k | €84k | €100k | €31k | ▼ 69.2% |
| Income taxes67/77 | €41k | €58k | €26k | €32k | €11k | ▼ 65.1% |
| Profit (loss) for the period9904 | €44k | €122k | €58k | €68k | €20k | ▼ 71.1% |
| Transfer from tax-exempt reserves789 | €75k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €119k | €122k | €58k | €68k | €20k | ▼ 71.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €804k | €1.01M | €947k | €782k | €1.17M | ▲ 49.1% |
| Fixed assets21/28 | €201k | €382k | €329k | €293k | €753k | ▲ 157% |
| Tangible fixed assets22/27 | €200k | €381k | €329k | €293k | €752k | ▲ 157% |
| Land and buildings22 | €156k | €142k | €129k | €116k | €606k | ▲ 425% |
| Plant, machinery and equipment23 | €231 | €126k | €120k | €110k | €100k | ▼ 9.8% |
| Furniture and vehicles24 | €24k | €19k | €9k | €19k | €21k | ▲ 12.6% |
| Leasing and similar rights25 | €17k | €94k | €71k | €48k | €25k | ▼ 47.5% |
| Assets under construction and advance payments27 | €4k | - | - | - | - | - |
| Financial fixed assets28 | €222 | €222 | €222 | €222 | €222 | = |
| Current assets29/58 | €603k | €630k | €618k | €489k | €414k | ▼ 15.3% |
| Stocks and contracts in progress3 | €86k | €34k | €31k | €32k | €102k | ▲ 225% |
| Stocks30/36 | €86k | €34k | €31k | €32k | €102k | ▲ 225% |
| Amounts receivable within one year40/41 | €159k | €196k | €289k | €150k | €56k | ▼ 62.6% |
| Trade receivables40 | €73k | €111k | €179k | €98k | €11k | ▼ 89.2% |
| Other amounts receivable41 | €87k | €84k | €110k | €53k | €46k | ▼ 13.2% |
| Current investments50/53 | - | - | €62 | €62 | €62 | = |
| Cash at bank and in hand54/58 | €352k | €397k | €295k | €307k | €254k | ▼ 17.2% |
| Deferred charges and accrued income490/1 | €5k | €4k | €3k | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €804k | €1.01M | €947k | €782k | €1.17M | ▲ 49.1% |
| Equity10/15 | €419k | €541k | €599k | €578k | €597k | ▲ 3.4% |
| Contributions10/11 | €187k | €187k | €187k | €109k | €109k | = |
| Capital10 | €187k | €187k | €187k | - | - | - |
| Issued capital100 | €187k | €187k | €187k | - | - | - |
| Reserves13 | €231k | €354k | €412k | €469k | €489k | ▲ 4.2% |
| Non-distributable reserves130/1 | €19k | €19k | €19k | - | - | - |
| Legal reserve130 | €19k | €19k | €19k | - | - | - |
| Distributable reserves133 | €213k | €335k | €393k | €469k | €489k | ▲ 4.2% |
| Amounts payable17/49 | €385k | €471k | €348k | €204k | €569k | ▲ 178% |
| Amounts payable after more than one year17 | €118k | €210k | €124k | €64k | €472k | ▲ 633% |
| Financial debts170/4 | €118k | €210k | €124k | €64k | €472k | ▲ 633% |
| Amounts payable within one year42/48 | €267k | €261k | €202k | €140k | €97k | ▼ 30.5% |
| Current portion of amounts payable after more than one year42 | €54k | €89k | €70k | €60k | €61k | ▲ 2.3% |
| Financial debts43 | €126k | €50k | €19k | €2k | €639 | ▼ 64.9% |
| Credit institutions430/8 | €125k | €50k | €19k | €2k | €639 | ▼ 64.9% |
| Other loans439 | €604 | - | - | - | - | - |
| Trade debts44 | €65k | €91k | €69k | €32k | €8k | ▼ 74.6% |
| Suppliers440/4 | €65k | €91k | €69k | €32k | €8k | ▼ 74.6% |
| Taxes, remuneration and social security45 | €22k | €32k | €37k | €32k | €27k | ▼ 13.4% |
| Taxes450/3 | €6k | €6k | €14k | €7k | €831 | ▼ 87.5% |
| Remuneration and social security454/9 | €16k | €26k | €24k | €25k | €27k | ▲ 6.3% |
| Other amounts payable47/48 | - | - | €8k | €15k | - | - |
| Accrued charges and deferred income492/3 | - | - | €22k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44k | €122k | €58k | €68k | €20k | ▼ 71.1% |
| + Depreciation and write-downs630 | €44k | €61k | €64k | €58k | €67k | ▲ 15.5% |
| Operating cash flow (approximation) | €89k | €183k | €123k | €126k | €86k | ▼ 31.5% |
| Investment in fixed assets (approximation) | - | €-242k | €-12k | €-22k | €-526k | ▼ 2,340% |
| Change in cash | - | €45k | €-102k | €12k | €-53k | ▼ 540% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 8 days late
2025
31-12
Financial
Weakest financial yearnet €20k ▼71.1%
Net result drops to €20k, the lowest in the series.
24-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €122k ▲176%
Operating result €159k, net result €122k, both a record.
31-12
Financial
Equity above €500kEq €541k ▲29.2%
5 profitable years in a row build equity to €541k.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zaventem · 1 establishment unit since 1994
Ground area
8,832 m²
Building footprint
106 m²
Volume, LiDAR
845 m³
2 parcels, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Frans Smoldersstraat 30 B, 1932 Zaventem
since 19942.066.762.568
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0252/00C000 | Flanders | 8,314 m² | - | - |
| 23078A0276/00M000 | Flanders | 517 m² | 1 · 106 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 · 5 entries · 36,338 EUR awarded · 36,338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,509 EUR | 8,509 EUR |
| 2023 | 2 | 24,335 EUR | 26,155 EUR |
| 2022 | 1 | 3,494 EUR | 1,674 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
54930066SHW2IR3WI111
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DOCULINE
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DISPLAY CONCEPT
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Turnhout · Eq €592k
Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,027 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
43990Other specialised construction activities
74301Translation services
Scores and ratios are computed by Checked and are not a credit decision.