XABO
ActiveXABO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €33k. Equity is growing by ~38.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
65
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency40▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 90.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
9.9%
Return on assets
1.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
23 d early
2024
40 d late
2023
6 d early
2022
41 d early
2021
32 d early
2020
38 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 23.8%
2024 · €140k
2020: €38k
2021: €45k
2022: €72k
2023: €104k
2024: €140k
2020 → 2025
Total assets
€1.75M▲ 2.6%
2024 · €1.70M
2020: €1.51M
2021: €1.56M
2022: €1.61M
2023: €1.65M
2024: €1.70M
2020 → 2025
Net result
€33k▼ 7.5%
2024 · €36k
2020: €23k
2021: €7k
2022: €27k
2023: €15k
2024: €36k
2020 → 2025
Working capital
€1.74M▲ 6.0%
2024 · €1.64M
2020: €35k
2021: €44k
2022: €72k
2023: €-119k
2024: €1.64M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€72k▲ 60.9%€104k▲ 44.7%€140k▲ 34.7%€173k▲ 23.8%
Operating result€48k-€55k▲ 16.6%€37k▼ 34.0%€43k▲ 18.8%€47k▲ 7.2%
Net result€7k-€27k▲ 285%€15k▼ 43.0%€36k▲ 133%€33k▼ 7.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.75M
Equity
€173k▲ 23.8%
Debt
€1.57M▲ 0.7%
The debt ratio falls from 91.8% to 90.1%: equity grows faster than debt.
Key figures and ratios
Solvency
9.9%▲
2024 · 8.2%
Quick ratio
24.95▲
2024 · 3.17
Debt / equity
9.09▼
2024 · 11.18
ROE
19.2%▼
2024 · 25.7%
ROA
1.9%▼
2024 · 2.1%
Debt
€1.57M▲
2024 · €1.56M
Debt ≤ 1 year
€10k▼
2024 · €64k
Debt > 1 year
€1.57M▲
2024 · €1.50M
Income taxes
€15k▲
2024 · €15k
A ratio outside any meaningful range has been withheld (balance sheet total €1.75M, equity €173k).
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€1.70M€1.75M▲
Current assets29/58€1.70M€1.75M▲
Stocks and contracts in progress3€1.50M€1.50M=
Stocks30/36€1.50M€1.50M=
Amounts receivable within one year40/41€5k€11k▲
Trade receivables40€5k€9k▲
Other amounts receivable41-€2k
Current investments50/53€188k-
Cash at bank and in hand54/58€10k€236k▲
Deferred charges and accrued income490/1-€46
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.75M▲
Equity10/15€140k€173k▲
Contributions10/11€19k€19k=
Reserves13€65k€154k▲
Distributable reserves133€65k€154k▲
Profit (loss) carried forward14€56k€592▼
Amounts payable17/49€1.56M€1.57M▲
Amounts payable after more than one year17€1.50M€1.57M▲
Financial debts170/4€1.50M€1.57M▲
Amounts payable within one year42/48€64k€10k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€57k€3k▼
Income statement
Code20242025
Other operating charges640/8€2k€1k▼
Gross operating margin9900€45k€48k▲
Operating profit (loss)9901€43k€47k▲
Financial income75/76B€7k€2k▼
Recurring financial income75€7k€2k▼
Financial charges65/66B€79€232▲
Recurring financial charges65€79€232▲
Profit (loss) for the period before taxes9903€51k€48k▼
Income taxes67/77€15k€15k▲
Profit (loss) for the period9904€36k€33k▼
Profit (loss) for the period to be appropriated9905€36k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€90k▲
Profit (loss) brought forward from the previous period14P€20k€56k▲
Transfer to equity691/2-€89k
To other reserves6921-€89k
The notes to these accounts (4 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 7current ratio 176.52
Current ratio from 26.67 to 176.52; short-term debt falls from €64k to €10k.
31-12
Financial
Equity above €150kEq €173k ▲23.8%
6 profitable years in a row build equity to €173k.
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Highest result since 2020net €36k ▲133%
Net result €36k, the highest in the series.
31-12
Financial
Liquidity times 29current ratio 26.67
Current ratio from 0.92 to 26.67; short-term debt falls from €1.55M to €64k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €104k ▲44.7%
4 profitable years in a row build equity to €104k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €7k ▼68.7%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zulte · 1 establishment unit since 2019
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.
Olmenlaan 499870 ZulteGround area
1,600 m²
Building footprint
303 m²
Volume, LiDAR
1,725 m³
Parcel 44081C0543/00K003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XABO
since 20192.283.374.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0543/00K003 | Flanders | 1,600 m² | 1 · 303 m² | 9.0 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.
Similar companies · same sector, comparable size
Z GLOBAL
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LECLERC EXPORT
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MIL BUSINESS
BE 0675.483.056
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AMSTRAMGLAM
BE 0680.812.019
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SOGEBEL
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Of 6,128 companies in sector 46190 we hold annual accounts for 2,553. 1,891 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2019
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.