Equity
€7,186 from €58,233 in 2007
Equity fell by 88% in 18 years.
XANTO
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €367,327 (2012)
€6,174▼ 67.9%
lowest -€105,157 (2015)
€4,620▼ 70.6%
peak €58,233 (2007)
€7,186▲ 180%
€15,395▼ 94.3%
peak 5.6 FTE (2007)
-not published
Board1 name since 1988
1 directorVANDENDORPE FRANCIS
Documentsfilings and deeds
03-02-20263 days late
2025micro format
Gross margin from €19,225 to €6,174Result from €15,690 to €4,620Equity from €2,565 to €7,186Debts from €268,818 to €15,395Cash from €174 to €4,696
Key points
from the 2025 annual accountsFilings
37 annual accounts since 1989
Six of the last ten came late. The 2023 accounts came latest: 30 days after the end of the period.
Position in the sector
€7,186
Less equity than 85% of companies in specialised construction. Sector median €57,715 · 35,131 companies.
Checked score
84
Excellent
Financially stronger than 59% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.4%▲ +0.3 percentage points vs 12-2024
02-2025: 1.3%▼ -0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.3%● unchanged vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.2%▼ -0.1 percentage points vs 11-2025
01-2026: 1.5%▲ +0.3 percentage points vs 12-2025
02-2026: 2.2%▲ +0.7 percentage points vs 01-2026highest value
03-2026: 0.4%▼ -1.8 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Last filed accounts filed 4 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1988
Liquidity: current ratio 0.81, cash €4,696
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 34% of them on solvency, 29% on liquidity, 80% on profitability and 95% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as XANTO has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of XANTO itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for XANTO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.81 (0.97 in 2024), below 1. Short-term debt is 68.2% and cash 20.8% of total assets. 68.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
3 days late
2024
3 days early
2023
30 days late
2022
28 days late
2021
on the day
2020
28 days late
2019
6 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 3 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434497939
First establishment
Kartuizersstraat 50, Bruges
Incorporation
published on 30-06-1988 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XANTO Bruges | €22,581 | €6,174 | 31.8% | - |
| BLUE LINE DECO Wavre | €24,430 | €9,405 | -11.0% | - |
| MARCEL BAUDOUX Floreffe | €31,561 | €8,081 | 99.1% | - |
| BOLLAERT Mortsel | €32,091 | €4,284 | 98.0% | - |
| JC DECOR Tongeren-Borgloon | €37,658 | €5,152 | 31.4% | - |
| MARCEL WINTGENS ET FILS Welkenraedt | €42,221 | €9,877 | 17.3% | - |
| ROKI Antwerp | €25,110 | €6,771 | 33.8% | - |
These companies have the same main activity as XANTO: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €24,400 and €42,200, founded between 1984 and 2005.
Official details
Source: KBO- Status
- Active since 03-06-1988Normal situation
- Activity
- Wallpapering and laying of floor and wall coverings in other materialsNACE 43333and 2 others
- Joint committee
- 140Transport and logistics · annual accounts 30-06-2025
- Establishment unit
- 2.038.765.9928310 Bruges, since 22-06-1988
- Financial year end
- 30 June
- Peppol
- Reachable since 27-02-2026
Insights on XANTO
XANTO files the micro format. That format states no turnover. The gross margin fell from €365,176 in 2007 to €6,174 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about XANTO
- What is the company number of XANTO?
- The company number of XANTO is 0434.497.939. The VAT number is the same number with BE in front: BE 0434.497.939.
- Where is XANTO based?
- The registered office is at Kartuizersstraat 50, 8310 Bruges.Company details
- What does XANTO do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of XANTO?
- XANTO is a private limited company (pre-2019) (BVBA).
- When was XANTO founded?
- XANTO was founded on 03-06-1988.
- Is XANTO still active?
- Yes, XANTO is an active enterprise in the KBO register.
- How many employees does XANTO have?
- XANTO had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does XANTO fall under?
- In its 30-06-2025 annual accounts, XANTO states joint committee 140 (Transport and logistics).
- What is the turnover of XANTO?
- The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €6,174 and 159 comparable companies (NACE 433). It probably lies between €36,000 and €130,000. It is a rough estimate.
- Is XANTO profitable?
- In financial year 2025, XANTO made a profit of €4,620.
- Where can I find the annual accounts of XANTO?
- XANTO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of XANTO due?
- XANTO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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