XD Automation
ActiveSummary
XD Automation has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €18k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+9
Solvency50▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.53 in 2024; short-term debt: 25.8% and cash: 0.5% of total assets), and 74.6% 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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
25.4%
Return on assets
4.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
9 d early
2024
21 d early
2023
41 d early
2022
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€107k▲ 20.8%
2024 · €89k
2022: €77klowest in 4 years
2023: €83k▲ +8.0% vs 2022
2024: €89k▲ +7.6% vs 2023
2025: €107k▲ +20.8% vs 2024highest in 4 years
2022 → 2025
Total assets
€422k▼ 1.1%
2024 · €427k
2022: €144klowest in 4 years
2023: €153k▲ +6.1% vs 2022
2024: €427k▲ +180% vs 2023highest in 4 years
2025: €422k▼ -1.1% vs 2024
2022 → 2025
Net result
€18k▲ 194%
2024 · €6k
2022: €72khighest in 4 years
2023: €6k▼ -91.5% vs 2022lowest in 4 years
2024: €6k▲ +3.1% vs 2023
2025: €18k▲ +194% vs 2024
2022 → 2025
Working capital
€-52k▼ 16.0%
2024 · €-45k
2022: €66k
2023: €73k▲ +11.7% vs 2022highest in 4 years
2024: €-45k▼ -162% vs 2023
2025: €-52k▼ -16.0% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€77k-€83k▲ 8.0%€89k▲ 7.6%€107k▲ 20.8%
2022: €77klowest in 4 years
2023: €83k▲ +8.0% vs 2022
2024: €89k▲ +7.6% vs 2023
2025: €107k▲ +20.8% vs 2024highest in 4 years
Operating result€99k-€10k▼ 90.3%€16k▲ 66.9%€34k▲ 113%
2022: €99khighest in 4 years
2023: €10k▼ -90.3% vs 2022lowest in 4 years
2024: €16k▲ +66.9% vs 2023
2025: €34k▲ +113% vs 2024
Net result€72k-€6k▼ 91.5%€6k▲ 3.1%€18k▲ 194%
2022: €72khighest in 4 years
2023: €6k▼ -91.5% vs 2022lowest in 4 years
2024: €6k▲ +3.1% vs 2023
2025: €18k▲ +194% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 113% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422k
Fixed assets
€366k ▼ 2.8%
Current assets
€57k ▲ 11.5%
Equity and liabilities €422k
Equity
€107k ▲ 20.8%
Debt
€315k ▼ 6.8%
Debt's share of the balance-sheet total falls from 79.2% to 74.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €27k
Cash flow
€29k▲
2024 · €17k
Current ratio
0.52▼
2024 · 0.53
Debt to equity
2.94▼
2024 · 3.81
ROE
17.2%▲
2024 · 7.1%
ROA
4.4%▲
2024 · 1.5%
Interest coverage
4.23▲
2024 · 3.50
Debt ≤ 1 year
€109k▲
2024 · €96k
Debt > 1 year
€206k▼
2024 · €242k
Income taxes
€5k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€427k€422k▼
Fixed assets21/28€376k€366k▼
Tangible fixed assets22/27€26k€16k▼
Plant, machinery and equipment23€946€625▼
Furniture and vehicles24€25k€15k▼
Financial fixed assets28€350k€350k=
Current assets29/58€51k€57k▲
Amounts receivable within one year40/41€24k€53k▲
Trade receivables40€9k€53k▲
Other amounts receivable41€15k€191▼
Cash at bank and in hand54/58€25k€2k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€427k€422k▼
Equity10/15€89k€107k▲
Contributions10/11€5k€5k=
Reserves13€84k€102k▲
Distributable reserves133€84k€102k▲
Amounts payable17/49€338k€315k▼
Amounts payable after more than one year17€242k€206k▼
Financial debts170/4€242k€206k▼
Amounts payable within one year42/48€96k€109k▲
Financial debts43€35k€36k▲
Credit institutions430/8€35k€36k▲
Trade debts44€394€2k▲
Suppliers440/4€394€2k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€57k€68k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€386€309▼
Gross operating margin9900€28k€45k▲
Operating profit (loss)9901€16k€34k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Profit (loss) for the period before taxes9903€8k€23k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€6k€18k▲
Profit (loss) for the period to be appropriated9905€6k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€18k▲
Transfer to equity691/2€6k€18k▲
To other reserves6921€6k€18k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €11k | €11k | €11k | ▼ 5.7% |
| Other operating charges640/8 | €78 | €670 | €386 | €309 | ▼ 20.0% |
| Gross operating margin9900 | €104k | €21k | €28k | €45k | ▲ 62.7% |
| Operating profit (loss)9901 | €99k | €10k | €16k | €34k | ▲ 113% |
| Financial income75/76B | - | €25 | €0 | - | - |
| Recurring financial income75 | - | €25 | €0 | - | - |
| Financial charges65/66B | €539 | €2k | €8k | €11k | ▲ 35.5% |
| Recurring financial charges65 | €539 | €2k | €8k | €11k | ▲ 35.5% |
| Profit (loss) for the period before taxes9903 | €98k | €8k | €8k | €23k | ▲ 186% |
| Income taxes67/77 | €27k | €2k | €2k | €5k | ▲ 162% |
| Profit (loss) for the period9904 | €72k | €6k | €6k | €18k | ▲ 194% |
| Profit (loss) for the period to be appropriated9905 | €72k | €6k | €6k | €18k | ▲ 194% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €144k | €153k | €427k | €422k | ▼ 1.1% |
| Fixed assets21/28 | €45k | €38k | €376k | €366k | ▼ 2.8% |
| Tangible fixed assets22/27 | €45k | €38k | €26k | €16k | ▼ 40.1% |
| Plant, machinery and equipment23 | €875 | €1k | €946 | €625 | ▼ 34.0% |
| Furniture and vehicles24 | €44k | €36k | €25k | €15k | ▼ 40.3% |
| Financial fixed assets28 | - | - | €350k | €350k | = |
| Current assets29/58 | €99k | €115k | €51k | €57k | ▲ 11.5% |
| Amounts receivable within one year40/41 | €29k | €33k | €24k | €53k | ▲ 121% |
| Trade receivables40 | €24k | €14k | €9k | €53k | ▲ 503% |
| Other amounts receivable41 | €5k | €18k | €15k | €191 | ▼ 98.7% |
| Cash at bank and in hand54/58 | €68k | €80k | €25k | €2k | ▼ 90.7% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €2k | ▼ 17.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €144k | €153k | €427k | €422k | ▼ 1.1% |
| Equity10/15 | €77k | €83k | €89k | €107k | ▲ 20.8% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | €72k | €78k | €84k | €102k | ▲ 22.0% |
| Distributable reserves133 | €72k | €78k | €84k | €102k | ▲ 22.0% |
| Amounts payable17/49 | €67k | €70k | €338k | €315k | ▼ 6.8% |
| Amounts payable after more than one year17 | €34k | €25k | €242k | €206k | ▼ 15.0% |
| Financial debts170/4 | €34k | €25k | €242k | €206k | ▼ 15.0% |
| Amounts payable within one year42/48 | €33k | €42k | €96k | €109k | ▲ 13.6% |
| Financial debts43 | €9k | €9k | €35k | €36k | ▲ 3.6% |
| Credit institutions430/8 | €9k | €9k | €35k | €36k | ▲ 3.6% |
| Trade debts44 | €683 | €3k | €394 | €2k | ▲ 364% |
| Suppliers440/4 | €683 | €3k | €394 | €2k | ▲ 364% |
| Taxes, remuneration and social security45 | €24k | €2k | €4k | €3k | ▼ 13.3% |
| Taxes450/3 | €20k | €2k | €4k | €3k | ▼ 13.3% |
| Remuneration and social security454/9 | €4k | €0 | - | - | - |
| Other amounts payable47/48 | - | €27k | €57k | €68k | ▲ 19.2% |
| Accrued charges and deferred income492/3 | - | €4k | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72k | €6k | €6k | €18k | ▲ 194% |
| + Depreciation and write-downs630 | €5k | €11k | €11k | €11k | ▼ 5.7% |
| Operating cash flow (approximation) | €77k | €17k | €17k | €29k | ▲ 65.9% |
| Investment in fixed assets (approximation) | - | €-4k | €-350k | €0 | ▲ 100% |
| Change in cash | - | €12k | €-55k | €-23k | ▲ 59.2% |
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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €100kEq €107k ▲20.8%
4 profitable years in a row build equity to €107k.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €6k ▼91.5%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lichtervelde · 1 establishment unit since 2021
Ground area
2,028 m²
Building footprint
250 m²
Volume, LiDAR
1,237 m³
Parcel 36011E0633/00E000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
XD Automation
since 20212.312.405.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0633/00E000 | Flanders | 2,027 m² | 1 · 249 m² | 8.4 m · 2 fl. |
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 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,951 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
Founded19-01-2021
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.