Xalisto
ActiveSummary
Xalisto has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-71
Solvency19▼-33
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 8.35 against 2.89 in 2024; short-term debt: 11.5% and cash: 4% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.5%
Return on assets
-44.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-5k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
42 d early
2023
43 d early
2022
28 d early
2021
31 d late
2020
25 d late
2019
39 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, micro schema
Equity
€-5k
2024 · €32k
2018: €20k
2019: €21k▲ +4.8% vs 2018
2020: €12k▼ -44.7% vs 2019
2021: €3k▼ -70.6% vs 2020
2022: €31k▲ +820% vs 2021
2023: €56k▲ +77.0% vs 2022highest in 8 years
2024: €32k▼ -42.2% vs 2023
2025: €-5k▼ -114% vs 2024lowest in 8 years
2018 → 2025
Total assets
€83k▼ 31.8%
2024 · €121k
2018: €30k
2019: €35k▲ +16.0% vs 2018
2020: €22k▼ -35.8% vs 2019
2021: €19k▼ -15.0% vs 2020lowest in 8 years
2022: €48k▲ +155% vs 2021
2023: €80k▲ +67.3% vs 2022
2024: €121k▲ +51.0% vs 2023highest in 8 years
2025: €83k▼ -31.8% vs 2024
2018 → 2025
Net result
€-37k
2024 · €7k
2018: €-816
2019: €958▲ +217% vs 2018
2020: €-9k▼ -1082% vs 2019
2021: €-8k▲ +12.7% vs 2020
2022: €51k▲ +724% vs 2021
2023: €82k▲ +60.3% vs 2022highest in 8 years
2024: €7k▼ -92.1% vs 2023
2025: €-37k▼ -662% vs 2024lowest in 8 years
2018 → 2025
Working capital
€70k▼ 5.2%
2024 · €74k
2018: €20k
2019: €21k▲ +3.4% vs 2018
2020: €12k▼ -43.9% vs 2019
2021: €2k▼ -79.1% vs 2020lowest in 8 years
2022: €32k▲ +1204% vs 2021
2023: €43k▲ +33.1% vs 2022
2024: €74k▲ +71.9% vs 2023highest in 8 years
2025: €70k▼ -5.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€31k▲ 820%€56k▲ 77.0%€32k▼ 42.2%€-5k
2021: €3k
2022: €31k▲ +820% vs 2021
2023: €56k▲ +77.0% vs 2022highest in 5 years
2024: €32k▼ -42.2% vs 2023
2025: €-5k▼ -114% vs 2024lowest in 5 years
Operating result€-7k-€66k€106k▲ 61.4%€8k▼ 92.2%€13k▲ 55.1%
2021: €-7klowest in 5 years
2022: €66k▲ +1044% vs 2021
2023: €106k▲ +61.4% vs 2022highest in 5 years
2024: €8k▼ -92.2% vs 2023
2025: €13k▲ +55.1% vs 2024
Net result€-8k-€51k€82k▲ 60.3%€7k▼ 92.1%€-37k
2021: €-8k
2022: €51k▲ +724% vs 2021
2023: €82k▲ +60.3% vs 2022highest in 5 years
2024: €7k▼ -92.1% vs 2023
2025: €-37k▼ -662% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€3k ▼ 63.1%
Current assets
€80k ▼ 29.6%
Key figures and ratios
EBITDA
€18k▲
2024 · €13k
Cash flow
€-32k▼
2024 · €12k
Solvency
-5.5%▼
2024 · 26.5%
Current ratio
8.35▲
2024 · 2.89
Debt to equity
-2.12▼
2024 · 1.22
ROA
-44.5%▼
2024 · 5.4%
Interest coverage
0.48▼
2024 · 89.84
Debt
€10k▼
2024 · €39k
Debt ≤ 1 year
€10k▼
2024 · €39k
Income taxes
€12k▲
2024 · €3k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€83k▼
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€8k€2k▼
Furniture and vehicles24€6k€1k▼
Other tangible fixed assets26€1k€1k=
Financial fixed assets28€650€650=
Current assets29/58€113k€80k▼
Amounts receivable within one year40/41€97k€66k▼
Trade receivables40€31k€35k▲
Other amounts receivable41€66k€32k▼
Current investments50/53€4k€10k▲
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€121k€83k▼
Equity10/15€32k€-5k▼
Contributions10/11€19k€19k=
Reserves13€10€10=
Non-distributable reserves130/1€10€10=
Reserves not available under the articles1311€10€10=
Profit (loss) carried forward14€13k€-24k▼
Provisions and deferred taxes16€50k€78k▲
Provisions for liabilities and charges160/5€50k€78k▲
Other liabilities and charges164/5€50k€78k▲
Amounts payable17/49€39k€10k▼
Amounts payable within one year42/48€39k€10k▼
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€6k€925▼
Taxes450/3€3k€925▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€30k€255▼
Accrued charges and deferred income492/3-€101
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Provisions for liabilities and charges: additions (uses and reversals)635/8€50k€28k▼
Other operating charges640/8€964€400▼
Gross operating margin9900€64k€46k▼
Operating profit (loss)9901€8k€13k▲
Financial income75/76B€2k€30▼
Recurring financial income75€2k€30▼
Financial charges65/66B€149€37k▲
Recurring financial charges65€149€37k▲
Profit (loss) for the period before taxes9903€10k€-24k▼
Income taxes67/77€3k€12k▲
Profit (loss) for the period9904€7k€-37k▼
Profit (loss) for the period to be appropriated9905€7k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-24k▼
Profit (loss) brought forward from the previous period14P€37k€13k▼
Profit to be distributed694/7€30k-
Return on contributions (dividend)694€30k-
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81 | - | €4k | €5k | €5k | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €50k | €28k | ▼ 44.5% |
| Other operating charges640/8 | €553 | €595 | €652 | €964 | €400 | ▼ 58.5% |
| Gross operating margin9900 | €-6k | €66k | €111k | €64k | €46k | ▼ 28.4% |
| Operating profit (loss)9901 | €-7k | €66k | €106k | €8k | €13k | ▲ 55.1% |
| Financial income75/76B | - | €1 | €23 | €2k | €30 | ▼ 98.1% |
| Recurring financial income75 | - | €1 | €23 | €2k | €30 | ▼ 98.1% |
| Financial charges65/66B | €1k | €661 | €274 | €149 | €37k | ▲ 24,900% |
| Recurring financial charges65 | €1k | €661 | €274 | €149 | €37k | ▲ 24,900% |
| Profit (loss) for the period before taxes9903 | €-8k | €65k | €106k | €10k | €-24k | ▼ 352% |
| Income taxes67/77 | €220 | €14k | €23k | €3k | €12k | ▲ 288% |
| Profit (loss) for the period9904 | €-8k | €51k | €82k | €7k | €-37k | ▼ 662% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €51k | €82k | €7k | €-37k | ▼ 662% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19k | €48k | €80k | €121k | €83k | ▼ 31.8% |
| Fixed assets21/28 | €982 | €1k | €13k | €8k | €3k | ▼ 63.1% |
| Tangible fixed assets22/27 | - | - | €11k | €8k | €2k | ▼ 68.5% |
| Furniture and vehicles24 | - | - | €11k | €6k | €1k | ▼ 81.5% |
| Other tangible fixed assets26 | - | - | - | €1k | €1k | = |
| Financial fixed assets28 | €982 | €1k | €1k | €650 | €650 | = |
| Current assets29/58 | €18k | €47k | €68k | €113k | €80k | ▼ 29.6% |
| Amounts receivable within one year40/41 | €15k | €18k | €47k | €97k | €66k | ▼ 31.4% |
| Trade receivables40 | €15k | €18k | €47k | €31k | €35k | ▲ 12.5% |
| Other amounts receivable41 | €30 | €30 | - | €66k | €32k | ▼ 51.8% |
| Current investments50/53 | - | - | €7k | €4k | €10k | ▲ 131% |
| Cash at bank and in hand54/58 | €2k | €27k | €13k | €11k | €3k | ▼ 70.1% |
| Deferred charges and accrued income490/1 | €1k | €1k | €788 | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19k | €48k | €80k | €121k | €83k | ▼ 31.8% |
| Equity10/15 | €3k | €31k | €56k | €32k | €-5k | ▼ 114% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €10 | €10 | €10 | €10 | €10 | = |
| Non-distributable reserves130/1 | €10 | €10 | €10 | €10 | €10 | = |
| Reserves not available under the articles1311 | €10 | €10 | €10 | €10 | €10 | = |
| Profit (loss) carried forward14 | €-16k | €12k | €37k | €13k | €-24k | ▼ 281% |
| Provisions and deferred taxes16 | - | - | - | €50k | €78k | ▲ 55.5% |
| Provisions for liabilities and charges160/5 | - | - | - | €50k | €78k | ▲ 55.5% |
| Other liabilities and charges164/5 | - | - | - | €50k | €78k | ▲ 55.5% |
| Amounts payable17/49 | €15k | €17k | €25k | €39k | €10k | ▼ 75.4% |
| Amounts payable within one year42/48 | €15k | €15k | €25k | €39k | €10k | ▼ 75.7% |
| Trade debts44 | €5k | €2k | €4k | €3k | €8k | ▲ 159% |
| Suppliers440/4 | €5k | €2k | €4k | €3k | €8k | ▲ 159% |
| Taxes, remuneration and social security45 | €324 | €5k | €6k | €6k | €925 | ▼ 84.5% |
| Taxes450/3 | €324 | €5k | €6k | €3k | €925 | ▼ 66.9% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | €10k | €8k | €15k | €30k | €255 | ▼ 99.2% |
| Accrued charges and deferred income492/3 | €41 | €2k | - | - | €101 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €51k | €82k | €7k | €-37k | ▼ 662% |
| + Depreciation and write-downs630 | €81 | - | €4k | €5k | €5k | = |
| Operating cash flow (approximation) | €-8k | €51k | €86k | €12k | €-32k | ▼ 370% |
| Investment in fixed assets (approximation) | - | €-200 | €-15k | €-668 | €0 | ▲ 100% |
| Change in cash | - | €25k | €-15k | €-1k | €-8k | ▼ 418% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 8.35
Current ratio from 2.89 to 8.35; short-term debt falls from €39k to €10k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €82k ▲60.3%
Operating result €106k, net result €82k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.22
Current ratio from 1.16 to 3.22; short-term debt falls from €15k to €15k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €958
Net result €958 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Elsene · 1 establishment unit since 2016
Ground area
3,757 m²
Building footprint
2,017 m²
Volume, LiDAR
47,294 m³
2 parcels, Brussels · tallest building 38.1 m, ±8 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Xalisto
since 20162.259.503.449
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 21447B0313/00D010 | Brussels | 228 m² | 1 · 139 m² | 26.6 m · 8 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845009D9FCAA7CCB571
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,521 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded24-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.