Xanthos
ActiveSummary
Xanthos has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €-28k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-16
Solvency100=
Growth59=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
cash: 87.4% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 2024Solvency, return and age of the figures
Solvency
100%
Return on assets
-34.4%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-28k
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
37 d early
2022
32 d early
2021
66 d early
2020
19 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€222k▲ 9.1%
2021 · €203k
2018: €143klowest in 5 years
2019: €206k▲ +43.9% vs 2018
2020: €212k▲ +2.9% vs 2019
2021: €203k▼ -4.0% vs 2020
2022: €222k▲ +9.1% vs 2021highest in 5 years
2018 → 2022
EBIT margin
40.8%▼ 10.4pp
2021 · 51.2%
2018: 74.7%highest in 5 years
2019: 52.3%▼ -30.0% vs 2018
2020: 43.0%▼ -17.8% vs 2019
2021: 51.2%▲ +19.1% vs 2020
2022: 40.8%▼ -20.2% vs 2021lowest in 5 years
2018 → 2022
Net result
€-28k▼ 1,183%
2023 · €-2k
2018: €77k
2019: €106k▲ +37.8% vs 2018highest in 7 years
2020: €66k▼ -37.8% vs 2019
2021: €43k▼ -34.9% vs 2020
2022: €88k▲ +106% vs 2021
2023: €-2k▼ -102% vs 2022
2024: €-28k▼ -1183% vs 2023lowest in 7 years
2018 → 2024
Working capital
€97k▼ 20.5%
2022 · €122k
2018: €37klowest in 6 years
2019: €98k▲ +168% vs 2018
2020: €106k▲ +8.2% vs 2019
2021: €84k▼ -21.0% vs 2020
2022: €122k▲ +45.6% vs 2021highest in 6 years
2023: €97k▼ -20.5% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€212k-€203k▼ 4.0%€222k▲ 9.1%
2020: €212k
2021: €203k▼ -4.0% vs 2020lowest in 3 years
2022: €222k▲ +9.1% vs 2021highest in 3 years
Equity€113k-€90k▼ 20.6%€112k▲ 24.8%€110k▼ 2.0%€82k▼ 25.6%
2020: €113khighest in 5 years
2021: €90k▼ -20.6% vs 2020
2022: €112k▲ +24.8% vs 2021
2023: €110k▼ -2.0% vs 2022
2024: €82k▼ -25.6% vs 2023lowest in 5 years
Operating result€91k-€104k▲ 14.3%€90k▼ 13.0%€-2k€-3k▼ 37.8%
2020: €91k
2021: €104k▲ +14.3% vs 2020highest in 5 years
2022: €90k▼ -13.0% vs 2021
2023: €-2k▼ -102% vs 2022
2024: €-3k▼ -37.8% vs 2023lowest in 5 years
Net result€66k-€43k▼ 34.9%€88k▲ 106%€-2k€-28k▼ 1,183%
2020: €66k
2021: €43k▼ -34.9% vs 2020
2022: €88k▲ +106% vs 2021highest in 5 years
2023: €-2k▼ -102% vs 2022
2024: €-28k▼ -1183% vs 2023lowest 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 stays negative: a loss of €3k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€10k ▼ 24.7%
Current assets
€71k ▼ 27.8%
Key figures and ratios
EBITDA
€383▼
2023 · €1k
Cash flow
€-25k▼
2023 · €1k
Solvency
100.0%▲
2023 · 97.5%
ROE
-34.4%▼
2023 · -2.0%
ROA
-34.4%▼
2023 · -1.9%
Interest coverage
6.84▼
2023 · 23.84
Income taxes
€26k
Staff costs
€2k▲
2023 · €233
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€113k€82k▼
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Furniture and vehicles24€14k€10k▼
Current assets29/58€99k€71k▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Amounts receivable within one year40/41€4k€77▼
Trade receivables40€3k-
Other amounts receivable41€957€77▼
Cash at bank and in hand54/58€95k€71k▼
Deferred charges and accrued income490/1€819-
Equity and liabilities
Total equity and liabilities10/49€113k€82k▼
Equity10/15€110k€82k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€88k€60k▼
Amounts payable17/49€3k-
Amounts payable within one year42/48€2k-
Trade debts44€2k-
Suppliers440/4€2k-
Accrued charges and deferred income492/3€732-
Income statement
Code20232024
Remuneration, social security and pensions62€233€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Provisions for liabilities and charges: additions (uses and reversals)635/8€-15k-
Other operating charges640/8€736€498▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€-12k€2k▲
Operating profit (loss)9901€-2k€-3k▼
Financial income75/76B€3€845▲
Recurring financial income75€3€845▲
Non-recurring financial income76B-€845
Financial charges65/66B€50€56▲
Recurring financial charges65€50€56▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Income taxes67/77-€26k
Profit (loss) for the period9904€-2k€-28k▼
Profit (loss) for the period to be appropriated9905€-2k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€60k▼
Profit (loss) brought forward from the previous period14P€90k€88k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €212k | €203k | €222k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €97k | €113k | - | - | - |
| Remuneration, social security and pensions62 | - | €1k | €799 | €233 | €2k | ▲ 589% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €3k | €3k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €15k | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €-15k | - | - |
| Other operating charges640/8 | - | €278 | €651 | €736 | €498 | ▼ 32.3% |
| Non-recurring operating charges66A | - | - | - | €1k | - | - |
| Gross operating margin9900 | €98k | €106k | €108k | €-12k | €2k | ▲ 121% |
| Operating profit (loss)9901 | €91k | €104k | €90k | €-2k | €-3k | ▼ 37.8% |
| Financial income75/76B | - | €5 | €161 | €3 | €845 | ▲ 28,067% |
| Recurring financial income75 | €1 | €5 | €161 | €3 | €845 | ▲ 28,067% |
| Non-recurring financial income76B | - | - | €161 | - | €845 | - |
| Financial charges65/66B | - | €194 | €186 | €50 | €56 | ▲ 12.0% |
| Recurring financial charges65 | €198 | €194 | €186 | €50 | €56 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €91k | €104k | €90k | €-2k | €-2k | ▲ 1.2% |
| Income taxes67/77 | - | €61k | €2k | - | €26k | - |
| Profit (loss) for the period9904 | €66k | €43k | €88k | €-2k | €-28k | ▼ 1,183% |
| Profit (loss) for the period to be appropriated9905 | €66k | €43k | €88k | €-2k | €-28k | ▼ 1,183% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €206k | €187k | €203k | €113k | €82k | ▼ 27.4% |
| Fixed assets21/28 | €8k | €7k | €6k | €14k | €10k | ▼ 24.7% |
| Tangible fixed assets22/27 | €8k | €7k | €6k | €14k | €10k | ▼ 24.7% |
| Furniture and vehicles24 | - | €7k | €6k | €14k | €10k | ▼ 24.7% |
| Current assets29/58 | €198k | €180k | €198k | €99k | €71k | ▼ 27.8% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - |
| Trade receivables290 | - | - | - | €0 | - | - |
| Stocks and contracts in progress3 | - | - | €2k | - | - | - |
| Stocks30/36 | - | - | €2k | - | - | - |
| Amounts receivable within one year40/41 | €73k | €49k | €52k | €4k | €77 | ▼ 97.9% |
| Trade receivables40 | - | €49k | €52k | €3k | - | - |
| Other amounts receivable41 | - | - | €420 | €957 | €77 | ▼ 92.0% |
| Cash at bank and in hand54/58 | €125k | €131k | €144k | €95k | €71k | ▼ 24.5% |
| Deferred charges and accrued income490/1 | - | - | - | €819 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €206k | €187k | €203k | €113k | €82k | ▼ 27.4% |
| Equity10/15 | €113k | €90k | €112k | €110k | €82k | ▼ 25.6% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Capital10 | - | €20k | - | €20k | €20k | = |
| Issued capital100 | - | €20k | - | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | - | - | - |
| Profit (loss) carried forward14 | €91k | €68k | €90k | €88k | €60k | ▼ 32.0% |
| Provisions and deferred taxes16 | - | - | €15k | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €15k | - | - | - |
| Other liabilities and charges164/5 | - | - | €15k | - | - | - |
| Amounts payable17/49 | €93k | €97k | €76k | €3k | - | - |
| Amounts payable within one year42/48 | €92k | €96k | €76k | €2k | - | - |
| Financial debts43 | - | €23k | - | - | - | - |
| Other loans439 | - | €23k | - | - | - | - |
| Trade debts44 | €2k | €1k | - | €2k | - | - |
| Suppliers440/4 | - | €1k | - | €2k | - | - |
| Taxes, remuneration and social security45 | - | €6k | €10k | - | - | - |
| Taxes450/3 | - | €6k | €10k | - | - | - |
| Other amounts payable47/48 | - | €66k | €66k | - | - | - |
| Accrued charges and deferred income492/3 | - | €1k | €679 | €732 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66k | €43k | €88k | €-2k | €-28k | ▼ 1,183% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €3k | €3k | = |
| Operating cash flow (approximation) | €67k | €44k | €89k | €1k | €-25k | ▼ 2,263% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-11k | €0 | ▲ 100% |
| Change in cash | - | €6k | €12k | €-49k | €-23k | ▲ 52.8% |
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
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 18current ratio 47.86
Current ratio from 2.61 to 47.86; short-term debt falls from €76k to €2k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €112k ▲24.8%
5 profitable years in a row build equity to €112k.
26-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €106k ▲37.8%
Operating result €107k, net result €106k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲130%
2 profitable years in a row build equity to €107k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Temse · 1 establishment unit since 2018
Ground area
1,973 m²
Building footprint
528 m²
Volume, LiDAR
7,372 m³
Parcel 46023C0291/00Z000, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Xanthos Consult
since 20182.272.277.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46023C0291/00Z000 | Flanders | 1,973 m² | 1 · 528 m² | 19.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 339 EUR awarded · 339 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 179 EUR | 179 EUR |
| 2022 | 1 | 160 EUR | 160 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DEVSYNC
BE 1021.914.202
Boom · Eq €81,700
Lamiroy Consultancy
BE 0767.852.493
Stabroek · Eq €81,670
Merlink
BE 0834.963.528
Ranst · Eq €81,720
RIVAC
BE 0791.471.795
Rotselaar · Eq €81,721
1Dev
BE 0686.982.902
Evere · Eq €81,651
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,588 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.