X-Works
ActiveX-Works is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €54k and a net result of €4k. Equity is shrinking by ~17.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 33% of 7974 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d late
2023
19 d late
2022
28 d late
2021
30 d late
2020
27 d late
2019
70 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▲ 5.3%
2024 · €51k
2018: €151k
2019: €165k
2020: €162k
2021: €105k
2022: €87k
2023: €72k
2024: €51k
2018 → 2025
Net result
€4k▲ 17.1%
2024 · €3k
2018: €23k
2019: €14k
2020: €8k
2021: €-12k
2022: €3k
2023: €3k
2024: €3k
2018 → 2025
Total assets
€175k▲ 4.9%
2024 · €167k
2018: €295k
2019: €314k
2020: €289k
2021: €221k
2022: €191k
2023: €180k
2024: €167k
2018 → 2025
Solvency
30.9%▲ 0.1pp
2024 · 30.8%
2018: 51.2%
2019: 52.7%
2020: 56.0%
2021: 47.7%
2022: 45.8%
2023: 39.8%
2024: 30.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€87k▼ 16.9%€72k▼ 18.0%€51k▼ 28.4%€54k▲ 5.3%
Operating result€-10k-€8k€9k▲ 4.4%€13k▲ 46.2%€9k▼ 31.6%
Net result€-12k-€3k€3k▼ 17.8%€3k▲ 15.2%€4k▲ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€80k▼ 2.3%
Current assets
€95k▲ 11.8%
Equity and liabilities €175k
Equity
€54k▲ 5.3%
Debt
€121k▲ 4.8%
The debt ratio falls from 69.2% to 69.1%: equity grows faster than debt.
Key figures and ratios
Solvency
30.9%▲
2024 · 30.8%
ROE
6.6%▲
2024 · 5.9%
ROA
2.0%▲
2024 · 1.8%
Debt
€121k▲
2024 · €115k
Debt ≤ 1 year
€78k▲
2024 · €67k
Debt > 1 year
€43k▼
2024 · €49k
Income taxes
€3k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€167k€175k▲
Fixed assets21/28€81k€80k▼
Tangible fixed assets22/27€81k€79k▼
Land and buildings22€64k€61k▼
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26€10k€12k▲
Financial fixed assets28-€590
Current assets29/58€85k€95k▲
Amounts receivable after more than one year29€70k€62k▼
Other amounts receivable291€70k€62k▼
Amounts receivable within one year40/41€14k€31k▲
Other amounts receivable41€14k€31k▲
Cash at bank and in hand54/58€408€941▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€167k€175k▲
Equity10/15€51k€54k▲
Contributions10/11€12k€12k=
Reserves13€45k€48k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€31k€34k▲
Profit (loss) carried forward14€-6k€-6k=
Amounts payable17/49€115k€121k▲
Amounts payable after more than one year17€49k€43k▼
Financial debts170/4€49k€43k▼
Amounts payable within one year42/48€67k€78k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€18k€27k▲
Suppliers440/4€18k€27k▲
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€8k€10k▲
Other amounts payable47/48€9k€9k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€20k€15k▼
Operating profit (loss)9901€13k€9k▼
Financial income75/76B€331€5k▲
Recurring financial income75€331€5k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€5k€7k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-3k▲
Profit (loss) brought forward from the previous period14P€-6k€-6k=
Transfer from equity791/2€23k-
Transfer to equity691/2€2k€3k▲
To other reserves6921€2k€3k▲
Profit to be distributed694/7€23k€833▼
Return on contributions (dividend)694€23k€833▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-12k ▼243%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zonhoven · 1 establishment unit since 2010
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.
Hoge-Valweg 503520 ZonhovenGround area
901 m²
Building footprint
258 m²
Volume, LiDAR
1,579 m³
Parcel 71066B0555/00G000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
X-Works
since 20102.189.387.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71066B0555/00G000 | Flanders | 901 m² | 1 · 258 m² | 9.7 m · 2 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.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 10,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2010
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.