XARS
ActiveSummary
XARS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19,171 and a net result of €18,171. Its solvency ranks better than 35% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes
Profitability100
Solvency64
Growth-
Track record67
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.9; short-term debt: 61.3% and cash: 33% of total assets), and 61.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
38.7%
Return on assets
36.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 24 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€19,171
Total assets
€49,598
Net result
€18,171
Working capital
-€2,982
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €49,598
Fixed assets
€22,153
Current assets
€27,444
Equity and liabilities €49,598
Equity
€19,171
Debt
€30,426
Debt finances 61.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€25,393
Cash flow
€18,748
Current ratio
0.90
Debt to equity
1.59
ROE
94.8%
ROA
36.6%
Interest coverage
79353.34
Debt ≤ 1 year
€30,426
Income taxes
€6,645
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €576 |
| Other operating charges640/8 | €556 |
| Gross operating margin9900 | €25,949 |
| Operating profit (loss)9901 | €24,817 |
| Financial charges65/66B | €0 |
| Recurring financial charges65 | €0 |
| Profit (loss) for the period before taxes9903 | €24,816 |
| Income taxes67/77 | €6,645 |
| Profit (loss) for the period9904 | €18,171 |
| Profit (loss) for the period to be appropriated9905 | €18,171 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €49,598 | |
| Fixed assets21/28 | €22,153 | |
| Tangible fixed assets22/27 | €22,153 | |
| Furniture and vehicles24 | €22,153 | |
| Current assets29/58 | €27,444 | |
| Amounts receivable within one year40/41 | €9,175 | |
| Trade receivables40 | €9,075 | |
| Other amounts receivable41 | €100 | |
| Cash at bank and in hand54/58 | €16,353 | |
| Deferred charges and accrued income490/1 | €1,917 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €49,598 | |
| Equity10/15 | €19,171 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €18,171 | |
| Distributable reserves133 | €18,171 | |
| Amounts payable17/49 | €30,426 | |
| Amounts payable within one year42/48 | €30,426 | |
| Trade debts44 | €2,402 | |
| Suppliers440/4 | €2,402 | |
| Taxes, remuneration and social security45 | €8,732 | |
| Taxes450/3 | €8,732 | |
| Other amounts payable47/48 | €19,292 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €18,171 |
| + Depreciation and write-downs630 | €576 |
| Operating cash flow (approximation) | €18,748 |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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.
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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, Mons · 1 establishment unit since 2024
Ground area
401 m²
Building footprint
110 m²
Volume, LiDAR
1,048 m³
2 parcels, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
XARs
since 20242.362.070.853
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53404B0571/00W000 | Wallonia | 206 m² | 1 · 53 m² | 11.9 m · 3 fl. |
| 53404B0571/00X000 | Wallonia | 194 m² | 1 · 57 m² | 10.4 m · 3 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.
Similar companies · same sector, comparable size
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85CONSULTING
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 3,923 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
Founded04-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41002Construction of residential and non-residential buildings
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.