Equity
€167,888 ▲ 27.2%
Xaabo has made a profit without a break since 2019.
Xaabo
Lifetime
8 annual accounts with figures on one time axispeak €119,017 (2025)
€119,017▲ 108%
lowest -€8,366 (2018)
€36,709▲ 152%
peak €167,888 (2025)
€167,888▲ 27.2%
€626,137▲ 11.6%
peak 0 FTE (2022)
-not published
Board2 names since 2018
2 directorsBOGAERTS Xavier Lucas Fleur and 1 other
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Gross margin from €57,120 to €119,017Result from €14,545 to €36,709Dividend €833Equity from €132,012 to €167,888Investments €108,074
Key points
from the 2025 annual accountsTurnover
≈ €420,000 estimated
The accounts state no turnover.
Debts
€626,137 79% of the balance sheet
Financial debts 30%Suppliers 23%Taxes and wages 2%Other 45%
Of this, €543,452 falls due within a year.
Investments
€108,074 3.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.74 was 1.35 in 2024
Short-term debts rose from €278,817 to €543,452.
Filings
8 annual accounts 2 late
The 2020 accounts came latest: 31 days after the end of the period.
Checked score
80
Excellent
Financially stronger than 37% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 0.8%▼ -0.2 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.5 percentage points vs 07-2025
09-2025: 0.7%▲ +0.1 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.2 percentage points vs 06-2026
08-2026: 0.7%▼ -0.3 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.5%▼ -0.2 percentage points vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2018
lowers risk
Size: total assets €794,024
Figures for financial year 2025 (filed on 24-07-2026)
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 41, micro). It does better than 28% of them on solvency, 18% on liquidity, 32% on profitability and 69% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,372 companies had the same profile as Xaabo has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Xaabo itself: 0.5% 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.
| 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 2,372 companies, not a prediction for Xaabo. 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 €13,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.74 (1.35 in 2024), below 1. Short-term debt is 68.4% and cash 7.1% of total assets. 78.9% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 days early
2024
9 days early
2023
12 days early
2022
1 day late
2021
16 days early
2020
31 days late
2019
16 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 4 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 22 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0708952313
New director
BOGAERTS Xavier appointed, BOGAERTS Xavier resigned · Director discharge: BOGAERTS Xavier · General meeting of 01-09-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Haaltert
Registered office moved from Ghent to Scheldewindeke
New registered office: Streekt 25, 9860 Scheldewindeke · Previous registered office: Hippoliet Lammensstraat 39, 9000 Gent · General meeting of 25-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Xaabo Oosterzele | €794,024 | €119,017 | 21.1% | - |
| BS AFWERKING Kalmthout | €776,780 | €99,821 | 32.7% | - |
| IMPERIUM CONSTRUCT Ixelles | €700,040 | €138,272 | 36.3% | - |
| HAPKA Kraainem | €952,911 | €121,970 | 17.8% | - |
| DVH Groep Balen | €761,072 | €97,435 | -5.2% | 1 |
| WOONE Antwerp | €765,020 | €108,956 | 37.9% | - |
| Ubique Building Technics Grez-Doiceau | €663,211 | €142,320 | 25.3% | - |
These companies have the same main activity as Xaabo: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €663,000 and €953,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 11-10-2018Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment units
- 2.280.655.7839860 Oosterzele, since 11-10-2018
- 2.293.627.7529000 Ghent, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-09-2025
Annual accounts 2025
- €794,024▲ 14.5%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Xaabo
Xaabo files the abbreviated format. That format states no turnover. The gross margin rose from -€5,902 in 2018 to €119,017 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Xaabo
- What is the company number of Xaabo?
- The company number of Xaabo is 0708.952.313. The VAT number is the same number with BE in front: BE 0708.952.313.
- Where is Xaabo based?
- The registered office is at Streekt 25, 9860 Oosterzele.Company details
- What does Xaabo do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Xaabo?
- Xaabo is a private limited company (BV).
- When was Xaabo founded?
- Xaabo was founded on 11-10-2018.
- Is Xaabo still active?
- Yes, Xaabo is an active enterprise in the KBO register.
- What is the turnover of Xaabo?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €119,017 and 126 comparable companies (NACE 41001). It probably lies between €290,000 and €660,000.Financials
- Is Xaabo profitable?
- In financial year 2025, Xaabo made a profit of €36,709.
- Where can I find the annual accounts of Xaabo?
- Xaabo filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Xaabo due?
- Xaabo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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