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XAVELEC

Active
Private limited companyfounded 200719 yrs activeBoulevard de la Cense 109, 1410 Waterloo, BelgiumKBO/BCE: BE 0892.418.113
Summary

XAVELEC has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,732 and a net result of €18,042. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
XAVELECActiveChecked score 78/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 45310
1 site
Size
€629,971total assets 2025
Equity
€128,732
Profit
€18,042
Turnover not published (abridged schema)
Financial health
78 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Accounts filed 27 d late0 of 2 deeds read
Why 78- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.20, cash €8,536+ Size: total assets €629,971+ Founded in 2007Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Better than 20% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 45
equity 20.4% of total assets
Liquidity 8
short-term debt 79.6% · cash 1.4%
Profitability 45
return on assets 2.9%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
Last 24 months 11-2024: 0.7%highest value 12-2024: 0.3%▼ -53.4% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%▼ -0.3% vs 03-2025 05-2025: 0.3%▲ +2.1% vs 04-2025 06-2025: 0.3%● 0.0% vs 05-2025 07-2025: 0.4%▲ +14.1% vs 06-2025 08-2025: 0.4%▼ -5.6% vs 07-2025 09-2025: 0.4%● 0.0% vs 08-2025 10-2025: 0.5%▲ +34.2% vs 09-2025 11-2025: 0.7%▲ +42.4% vs 10-2025 12-2025: 0.3%▼ -64.8% vs 11-2025lowest value 01-2026: 0.3%● 0.0% vs 12-2025lowest value 02-2026: 0.3%● 0.0% vs 01-2026lowest value 03-2026: 0.3%● 0.0% vs 02-2026lowest value 04-2026: 0.3%● 0.0% vs 03-2026lowest value 05-2026: 0.3%▲ +3.2% vs 04-2026 06-2026: 0.3%▲ +3.5% vs 05-2026 07-2026: 0.3%▲ +12.3% vs 06-2026 08-2026: 0.3%▲ +0.7% vs 07-2026 09-2026: 0.4%▲ +18.8% vs 08-2026 10-2026: 0.5%▲ +34.1% vs 09-2026
  • Size: total assets €629,971 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Liquidity: current ratio 1.20, cash €8,536 raises the probability
  • Founded in 2007 lowers the probability for this profile
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 3.29 in 2024; short-term debt: 79.6% and cash: 1.4% of total assets), and 79.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 22%, liquidity 5%, profitability 21%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €629,971
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquidity: current ratio 1.20, cash €8,536
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2007
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 30651 sector peers (2025).
NBB · sector comparison
Position among 30651 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
30 d late
2023
on the day
2022
29 d late
2021
29 d late
2019
25 d late
2017
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close03-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Total assets 20256 fiscal years filed €629,971 View
  • Active since 2007founded 01-10-2007 19 years View

By topic

Financials

Fiscal year
2025
Total assets
€629,971
Profit
€18,042
Solvency
20.4%
Total assets▲ 287%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2012
Next accounts
by 31-10-2026
  1. 27-11-2025Annual accounts filed
  2. 30-11-2024Annual accounts filed
  3. 31-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
01-10-2007
Year ends
31-03
Peppol
Not found in the Peppol directory
Go to Company details

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