XC Lab
ActiveXC Lab has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €-4k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-71
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 4.99 in 2023; short-term debt: 13.9% and cash: 6.4% of total assets), and 14.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
85.4%
Return on assets
-6.7%
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 18-06-2025, 43 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
34 d early
2022
14 d early
2021
5 d early
2020
19 d early
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▼ 7.3%
2023 · €56k
2019: €40k
2020: €42k
2021: €47k
2022: €52k
2023: €56k
2019 → 2024
Total assets
€60k▼ 11.1%
2023 · €68k
2019: €79k
2020: €95k
2021: €108k
2022: €96k
2023: €68k
2019 → 2024
Net result
€-4k
2023 · €7k
2019: €34k
2020: €1k
2021: €5k
2022: €5k
2023: €7k
2019 → 2024
Working capital
€48k▼ 2.2%
2023 · €49k
2019: €37k
2020: €32k
2021: €30k
2022: €32k
2023: €49k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€47k▲ 12.1%€52k▲ 11.4%€56k▲ 6.5%€51k▼ 7.3%
Operating result€2k-€7k▲ 227%€7k▲ 6.9%€10k▲ 28.4%€-4k
Net result€1k-€5k▲ 293%€5k▲ 5.3%€7k▲ 29.7%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€4k▼ 40.6%
Current assets
€56k▼ 8.1%
Equity and liabilities €60k
Equity
€51k▼ 7.3%
Debt
€9k▼ 28.5%
The debt ratio falls from 18.1% to 14.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2023 · €14k
Cash flow
€-2k▼
2023 · €11k
Solvency
85.4%▲
2023 · 81.9%
Current ratio
6.72▲
2023 · 4.99
Quick ratio
6.72▲
2023 · 4.99
Debt / equity
0.17▼
2023 · 0.22
ROE
-7.9%▼
2023 · 12.4%
ROA
-6.7%▼
2023 · 10.2%
Interest coverage
-9.46▼
2023 · 143.01
Debt
€9k▼
2023 · €12k
Debt ≤ 1 year
€8k▼
2023 · €12k
Income taxes
€132▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€68k€60k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€4k€4k▼
Furniture and vehicles24€4k€4k▼
Financial fixed assets28€3k-
Current assets29/58€61k€56k▼
Amounts receivable within one year40/41€48k€53k▲
Trade receivables40€46k€52k▲
Other amounts receivable41€2k€70▼
Cash at bank and in hand54/58€13k€4k▼
Equity and liabilities
Total equity and liabilities10/49€68k€60k▼
Equity10/15€56k€51k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€47k€43k▼
Amounts payable17/49€12k€9k▼
Amounts payable within one year42/48€12k€8k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€4k€47▼
Accrued charges and deferred income492/3-€387
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€15€215▲
Gross operating margin9900€14k€-1k▼
Operating profit (loss)9901€10k€-4k▼
Financial income75/76B€30€67▲
Recurring financial income75€30€67▲
Financial charges65/66B€96€180▲
Recurring financial charges65€96€180▲
Profit (loss) for the period before taxes9903€9k€-4k▼
Income taxes67/77€3k€132▼
Profit (loss) for the period9904€7k€-4k▼
Profit (loss) for the period to be appropriated9905€7k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€43k▼
Profit (loss) brought forward from the previous period14P€44k€47k▲
Profit to be distributed694/7€4k-
Return on contributions (dividend)694€4k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k ▼159%
Net result drops to €-4k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.99
Current ratio from 1.72 to 4.99; short-term debt falls from €44k to €12k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Baelen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Route d'Eupen(BLN) 2124837 BaelenGround area
1,633 m²
Building footprint
209 m²
Volume, LiDAR
2,226 m³
Parcel 63004B0058/00R000, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
XC Lab
since 20192.286.526.560
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004B0058/00R000 | Wallonia | 1,633 m² | 1 · 209 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Impulse Technology Consulting
BE 0795.196.793
Wuustwezel · Eq €51k
JC HOLDING
BE 0524.760.201
Limbourg · Eq €51k
CONDUGO
BE 0634.683.965
Ukkel · Eq €51k
JP PROPERTY & CONSULTANCY
BE 0781.300.356
Boortmeerbeek · Eq €51k
CREAGEST
BE 0877.418.646
Perwez · Eq €51k
Of 16,878 companies in sector 62100 we hold annual accounts for 8,776. 6,811 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-03-2019
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
46500Wholesale of information and communication equipment
46510Wholesale trade
62020IT consultancy
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.xclab.com