XBO
ActiveSummary
XBO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €30k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency69▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.33 in 2024; short-term debt: 55.6% and cash: 32.5% of total assets), but 55.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.4%
Return on assets
40.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 filingsDeviation from the deadline
2025
17 d late
2024
29 d late
2023
27 d late
2022
25 d late
2021
31 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 77.4%
2024 · €19k
Total assets
€74k▲ 17.0%
2024 · €64k
Net result
€30k▲ 383%
2024 · €6k
Working capital
€31k▲ 111%
2024 · €15k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7k▲ 926%€3k▼ 59.2%€7k▲ 148%€11k▲ 52.7%€45k▲ 305%
Net result€857€108▼ 87.4%€4k▲ 3,196%€6k▲ 76.8%€30k▲ 383%
Equity€24k▲ 127%€24k▲ 0.5%€21k▼ 10.2%€19k▼ 13.0%€33k▲ 77.4%
Total assets€72k▲ 85.8%€68k▼ 5.9%€67k▼ 2.4%€64k▼ 4.4%€74k▲ 17.0%
Debt€49k▲ 70.8%€44k▼ 9.1%€45k▲ 1.9%€45k▼ 0.3%€41k▼ 8.0%
Working capital€28k▲ 226%€32k▲ 14.0%€37k▲ 14.8%€15k▼ 60.8%€31k▲ 111%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 305% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€2k ▼ 48.1%
Current assets
€72k ▲ 21.7%
Equity and liabilities €74k
Equity
€33k ▲ 77.4%
Debt
€41k ▼ 8.0%
Debt's share of the balance-sheet total falls from 70.8% to 55.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €14k
Cash flow
€32k▲
2024 · €9k
Current ratio
1.74▲
2024 · 1.33
Quick ratio
1.31▲
2024 · 0.62
Debt to equity
1.25▼
2024 · 2.42
ROE
92.1%▲
2024 · 33.8%
ROA
40.9%▲
2024 · 9.9%
Interest coverage
20.03▲
2024 · 6.56
Debt ≤ 1 year
€41k▼
2024 · €45k
Income taxes
€13k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €3k | €3k | €2k | ▼ 28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1k | €14k | ▲ 1,063% |
| Other operating charges640/8 | €691 | €405 | €637 | €451 | €727 | ▲ 61.1% |
| Gross operating margin9900 | €10k | €6k | €11k | €16k | €62k | ▲ 294% |
| Operating profit (loss)9901 | €7k | €3k | €7k | €11k | €45k | ▲ 305% |
| Financial income75/76B | €1 | €14 | €0 | €0 | €2 | - |
| Recurring financial income75 | €1 | €14 | €0 | €0 | €2 | - |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €2k | ▲ 10.1% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €2k | ▲ 10.1% |
| Profit (loss) for the period before taxes9903 | €5k | €818 | €5k | €9k | €43k | ▲ 375% |
| Income taxes67/77 | €4k | €710 | €2k | €3k | €13k | ▲ 357% |
| Profit (loss) for the period9904 | €857 | €108 | €4k | €6k | €30k | ▲ 383% |
| Profit (loss) for the period to be appropriated9905 | €857 | €108 | €4k | €6k | €30k | ▲ 383% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €68k | €67k | €64k | €74k | ▲ 17.0% |
| Fixed assets21/28 | €4k | €5k | €7k | €4k | €2k | ▼ 48.1% |
| Tangible fixed assets22/27 | €4k | €5k | €7k | €4k | €2k | ▼ 48.3% |
| Furniture and vehicles24 | €2k | €2k | €5k | €3k | €2k | ▼ 48.6% |
| Other tangible fixed assets26 | €2k | €3k | €2k | €1k | €700 | ▼ 47.7% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €68k | €63k | €59k | €59k | €72k | ▲ 21.7% |
| Stocks and contracts in progress3 | €42k | €36k | €36k | €32k | €18k | ▼ 44.1% |
| Stocks30/36 | €42k | €36k | €36k | €32k | €18k | ▼ 44.1% |
| Amounts receivable within one year40/41 | €6k | €23k | €15k | €15k | €15k | ▼ 4.4% |
| Trade receivables40 | €4k | €22k | €15k | €15k | €15k | ▲ 0.5% |
| Other amounts receivable41 | €1k | €934 | €0 | €745 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €20k | €3k | €7k | €11k | €24k | ▲ 129% |
| Deferred charges and accrued income490/1 | €206 | €271 | €977 | €2k | €15k | ▲ 916% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €68k | €67k | €64k | €74k | ▲ 17.0% |
| Equity10/15 | €24k | €24k | €21k | €19k | €33k | ▲ 77.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €3k | ▼ 86.0% |
| Reserves13 | €2k | €2k | €2k | €0 | - | - |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €2k | €2k | €2k | €0 | - | - |
| Profit (loss) carried forward14 | €3k | €3k | €925 | €0 | €30k | - |
| Amounts payable17/49 | €49k | €44k | €45k | €45k | €41k | ▼ 8.0% |
| Amounts payable within one year42/48 | €40k | €30k | €22k | €45k | €41k | ▼ 7.3% |
| Trade debts44 | €4k | €82 | €315 | €2k | €2k | ▲ 4.3% |
| Suppliers440/4 | €4k | €82 | €315 | €2k | €2k | ▲ 4.3% |
| Taxes, remuneration and social security45 | €5k | €11k | €8k | €13k | €24k | ▲ 77.0% |
| Taxes450/3 | €5k | €11k | €8k | €11k | €24k | ▲ 106% |
| Remuneration and social security454/9 | - | - | - | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | €30k | €19k | €13k | €29k | €16k | ▼ 46.6% |
| Accrued charges and deferred income492/3 | €9k | €14k | €23k | €351 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €857 | €108 | €4k | €6k | €30k | ▲ 383% |
| + Depreciation and write-downs630 | €2k | €2k | €3k | €3k | €2k | ▼ 28.4% |
| Operating cash flow (approximation) | €3k | €2k | €7k | €9k | €32k | ▲ 252% |
| Investment in fixed assets (approximation) | - | €-3k | €-5k | €0 | €0 | - |
| Change in cash | - | €-17k | €4k | €3k | €14k | ▲ 290% |
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Highest result since 2018net €30k ▲383%
Operating result €45k, net result €30k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €857
Net result €857 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Braine-l'Alleud · 1 establishment unit since 2015
Ground area
1,289 m²
Building footprint
104 m²
Parcel 25054A0244/00S002, Wallonia. Linked by address, not a title deed.
1 establishment unit
XBO
since 20152.246.760.916
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054A0244/00S002 | Wallonia | 1,289 m² | 1 · 104 m² | - |
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.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 6,480 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
Founded02-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.