XARS
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €130,000 and €230,000.
Balance sheet
balance sheet total €86,775 on 31-12-2025in euro
in euro
Position in the sector
79.3%
Higher than 78% of 11,794 companies in 2025.
4.02
Higher than 74% of 11,521 companies in 2025.
57.2%
Higher than 94% of 11,605 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
86,775 | 49,598 | |
21/28 |
14,578 | 22,153 | |
22/27 |
14,578 | 22,153 | |
24 |
14,578 | 22,153 | |
29/58 |
72,197 | 27,444 | |
3 |
15,527 | - | |
30/36 |
15,527 | - | |
40/41 |
4,008 | 9,175 | |
40 |
0 | 9,075 | |
41 |
4,008 | 100 | |
54/58 |
42,919 | 16,353 | |
490/1 |
9,743 | 1,917 | |
| Balance sheet: equity and liabilities | |||
10/49 |
86,775 | 49,598 | |
10/15 |
68,829 | 19,171 | |
10/11 |
1,000 | 1,000 | |
13 |
67,829 | 18,171 | |
133 |
67,829 | 18,171 | |
17/49 |
17,946 | 30,426 | |
42/48 |
17,946 | 30,426 | |
44 |
2,714 | 2,402 | |
440/4 |
2,714 | 2,402 | |
45 |
15,232 | 8,732 | |
450/3 |
15,232 | 8,732 | |
47/48 |
0 | 19,292 | |
| Income statement | |||
9900 |
77,511 | 25,949 | |
630 |
7,576 | 576 | |
640/8 |
922 | 556 | |
9901 |
69,013 | 24,817 | |
75/76B |
94 | - | |
75 |
94 | - | |
65/66B |
409 | 0 | |
65 |
409 | 0 | |
9903 |
68,698 | 24,816 | |
67/77 |
19,040 | 6,645 | |
9904 |
49,657 | 18,171 | |
9905 |
49,657 | 18,171 | |
| Appropriation of the result | |||
9906 |
49,657 | 18,171 | |
691/2 |
49,657 | 18,171 | |
6921 |
49,657 | 18,171 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 76,589 | 25,393 | ||
| 57,233 | 18,748 | ||
| 0 | 22,730 | ||
| 26,566 | - | ||
| 54,251 | -2,982 | ||
| 79.3% | 38.7% | ||
| 4.02 | 0.90 | ||
| 3.16 | 0.90 | ||
| 0.26 | 1.59 | ||
| 72.1% | 94.8% | ||
| 57.2% | 36.6% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €22,730 |
| €7,576 | €576 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on XARS
The operating result for 2025 is 178% higher than in 2024.
Debt's share of the balance-sheet total falls from 61.3% to 20.7%. Equity is higher and debt is lower.