Higher net result than 87% of companies in financial services. Sector median €54,360 · 7,178 companies.
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
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Board and ownership
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Managing director, Hidden nameVisible after signing in
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Director, since 21-10-2024
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Director, Hidden nameVisible after signing in, since 21-10-2024
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Director, Name hiddenVisible after signing in, since 21-10-2024
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Director, Name after signing inVisible after signing in, since 21-10-2024
Name hiddenVisible after signing in 12%score XXVisible after signing inequity €216,068 (2025) · 2025 annual accounts of Name after signing inVisible after signing in
Shares in 2 companies, Name hiddenVisible after signing in and Hidden nameVisible after signing in
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015355616
Appointment: Name after signing inVisible after signing in (managing director)
Permanent representative: Name hiddenVisible after signing in · Gazette deed
Incorporation
Founding capital of €1,150,000, 100 shares, €550,000 paid up · Founders: Hidden nameVisible after signing in, Name after signing inVisible after signing in, Name hiddenVisible after signing in and 2 others · Appointments: Hidden nameVisible after signing in, Name after signing inVisible after signing in, Name hiddenVisible after signing in, Hidden nameVisible after signing in and Name after signing inVisible after signing in · published on 23-10-2024 · Gazette deed
First establishment
Verlorenbroodstraat 122, Merelbeke-Melle
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as XANDAR: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2.8m and €3.8m, founded between 2023 and 2024.
XANDAR 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 €1.7m and a net result of €527,356.
Its solvency ranks better than 48% of 7,180 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The company number of XANDAR is 1015.355.616. The VAT number is the same number with BE in front: BE 1015.355.616.
Where is XANDAR based?
The registered office is at Verlorenbroodstraat 122, 9820 Merelbeke-Melle.Company details
What does XANDAR do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of XANDAR?
XANDAR is a private limited company (BV).
When was XANDAR founded?
XANDAR was founded on 21-10-2024.
Is XANDAR still active?
Yes, XANDAR is an active enterprise in the KBO register.
What is the turnover of XANDAR?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €436,275 and 34 comparable companies (NACE 64210). It probably lies between €480,000 and €900,000.Financials
Is XANDAR profitable?
In financial year 2025, XANDAR made a profit of €527,356.
Where can I find the annual accounts of XANDAR?
XANDAR filed 1 annual account with the National Bank of Belgium, for financial year 2025.