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XANIC

Active
Public limited companyfounded 198937 yrs activeAntwerpsesteenweg 225, 9040 Gent, BelgiumKBO/BCE: BE 0438.095.451

XANIC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €-4k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 34.57 against 20.48 in 2024; short-term debt: 1.8% and cash: 0% of total assets), and 2.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
2 d late
2023
23 d late
2022
on the day
2021
1 d late
2020
11 d early
2019
57 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€103k▼ 3.6%
2024 · €107k
2018: €70k 2019: €79k 2020: €85k 2021: €92k 2022: €103k 2023: €107k 2024: €107k
2018 → 2025
Total assets
€105k▼ 4.6%
2024 · €110k
2018: €101k 2019: €153k 2020: €112k 2021: €155k 2022: €111k 2023: €117k 2024: €110k
2018 → 2025
Net result
€-4k▼ 371%
2024 · €-803
2018: €3k 2019: €9k 2020: €6k 2021: €7k 2022: €11k 2023: €5k 2024: €-803
2018 → 2025
Working capital
€62k▲ 2.2%
2024 · €61k
2018: €-13k 2019: €2k 2020: €13k 2021: €25k 2022: €47k 2023: €57k 2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€92k-€103k▲ 12.1%€107k▲ 4.5%€107k▼ 0.7%€103k▼ 3.6%
Operating result€11k-€11k▼ 6.0%€6k▼ 41.8%€-712€-4k▼ 414%
Net result€7k-€11k▲ 64.7%€5k▼ 58.5%€-803€-4k▼ 371%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €11k€11kNet result 2021: €7k€7kOperating result 2022: €11k€11kNet result 2022: €11k€11kOperating result 2023: €6k€6kNet result 2023: €5k€5kOperating result 2024: €-712€-712Net result 2024: €-803€-803Operating result 2025: €-4k€-4kNet result 2025: €-4k€-4k20212022202320242025
The operating result stays negative: a loss of €4k in 2025 against €712 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets €41k▼ 11.0%
Current assets €64k▲ 0.1%
Equity and liabilities €105k
Equity €103k▼ 3.6%
Debt €3k▼ 32.8%
The debt ratio falls from 3.5% to 2.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1k
2024 · €4k
Cash flow
€1k
2024 · €4k
Solvency
97.5%
2024 · 96.5%
Current ratio
34.57
2024 · 20.48
Quick ratio
34.57
2024 · 20.48
Debt / equity
0.03
2024 · 0.04
ROE
-3.7%
2024 · -0.8%
ROA
-3.6%
2024 · -0.7%
Interest coverage
11.49
2024 · 53.72
Debt
€3k
2024 · €4k
Debt ≤ 1 year
€2k
2024 · €3k
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€110k€105k
Fixed assets21/28€46k€41k
Tangible fixed assets22/27€46k€41k
Land and buildings22€46k€41k
Current assets29/58€64k€64k
Amounts receivable within one year40/41€64k€64k
Trade receivables40€1k€1k=
Other amounts receivable41€63k€63k
Cash at bank and in hand54/58€25€45
Equity and liabilities
Total equity and liabilities10/49€110k€105k
Equity10/15€107k€103k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€38k€35k
Amounts payable17/49€4k€3k
Amounts payable within one year42/48€3k€2k
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€1k€2k
Accrued charges and deferred income492/3€750€750=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€525€141
Gross operating margin9900€5k€2k
Operating profit (loss)9901€-712€-4k
Financial charges65/66B€82€127
Recurring financial charges65€82€127
Profit (loss) for the period before taxes9903€-794€-4k
Income taxes67/77€9-
Profit (loss) for the period9904€-803€-4k
Profit (loss) for the period to be appropriated9905€-803€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€38k€35k
Profit (loss) brought forward from the previous period14P€39k€38k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
02-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 2 days late
2024
30-09
Financial Liquidity triplescurrent ratio 20.48
Current ratio from 7.68 to 20.48; short-term debt falls from €8k to €3k.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
30-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Highest result since 2018net €11k ▲64.7%
Net result €11k, the highest in the series.
30-09
Financial Liquidity times 5current ratio 7.57
Current ratio from 1.39 to 7.57; short-term debt falls from €62k to €7k.
30-09
Financial Equity above €100kEq €103k ▲12.1%
5 profitable years in a row build equity to €103k.
01-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
19-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 57 days late
2019
20-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Gent · 1 establishment unit since 1989
establishment The establishment unit on the map
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.

Antwerpsesteenweg 2259040 Gent
Ground area
405 m²
Building footprint
290 m²
Volume, LiDAR
3,672 m³
Parcel 44061A0310/00C002, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
XANIC NV
Antwerpsesteenweg 225, 9040 GentInsurance, reinsurance and pension funding, except compulsory social security
since 19892.044.714.468
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44061A0310/00C002 Flanders 404 m² 1 · 290 m² 15.9 m · 4 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

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,610 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded04-08-1989
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.