XD Delicatessen

Active

Private limited companyfounded 2023active for 3 yearsVan Maerlantstraat 13, 1040 Brussel, BelgiumKBO/BCE: BE 0799.667.109

Summary

The computed 12-month bankruptcy probability of XD Delicatessen is 2.6% (moderate). The 2025 annual accounts show negative equity (-€277,287) and a net result of -€73,772. Equity is shrinking by about 52% per year across the filed financial years. Its solvency ranks better than 7% of 22,595 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

XD DelicatessenActiveChecked score 49/100

Risk analysis Report Compare

Activity

Retail sale of bread and pastry (bakery outlets)

NACE 47241Cafés and bars NACE 56301

1 site

Size

≈ €640,000turnover 2025, estimated

Staff: 4.1 FTE
Equity: -€277,287
Loss: -€73,772

Turnover estimated from the gross margin

Financial health

49 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.6%

Structure

Ntenis ChatzisManaging director
DOULOS NikolaosDirector

2025 accounts 16 days early

Why 49raises riskNegative equity -€277,287Sector: Retail trade (NACE 47)Founded in 2023lowers riskSize: total assets €188,929Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 9% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -146.8% of total assets

Liquidity 7+5

short-term debt 243.1% · cash 5.4%

Profitability 0=

return on assets -39.0%

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,248 companies, NACE 47, micro)

Last 24 months 11-2024: 9.9% 12-2024: 9.9%● unchanged vs 11-2024 01-2025: 9.9%● unchanged vs 12-2024 02-2025: 9.9%● unchanged vs 01-2025 03-2025: 10.0%▲ +0.1 percentage points vs 02-2025 04-2025: 10.9%▲ +0.9 percentage points vs 03-2025 05-2025: 11.0%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 6.0%▼ -5.0 percentage points vs 05-2025 07-2025: 6.2%▲ +0.2 percentage points vs 06-2025 08-2025: 5.8%▼ -0.4 percentage points vs 07-2025 09-2025: 5.8%● unchanged vs 08-2025 10-2025: 3.8%▼ -2.0 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.5%▼ -0.3 percentage points vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.4%▼ -0.1 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.4%● unchanged vs 04-2026 06-2026: 3.4%● unchanged vs 05-2026 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 2.6%● unchanged vs 08-2026lowest value 10-2026: 2.6%● unchanged vs 09-2026lowest value

No credit on open account

Liquidity insufficient (current ratio 0.05, compared with 0.06 in 2024, below 1; short-term debt: 243.1% and cash: 5.4% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 8% on liquidity, 6% on profitability and 14% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Negative equity -€277,287

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €188,929

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year -€277,287

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

16 days early

2024

16 days early

2023

16 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 5 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (3 of the last 3 filed years within 33 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

15-07-2026 Annual accounts filedfinancial year 2025 · micro…
28-11-2025 Resignation: Polina Chatzi (director)Appointment: Ntenis Chatzis (director) ·…
15-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€277,287 View
Risk: 3 loss-making years in a rowloss financial year 2025 -€73,772 View
Caution: Among the weakest 5% on net resultsector median €5,085 · 22,576 companies -€73,772 View
Positive: Result rose in 2025from -€137,869 to -€73,772 ▲ 46.5% View

By topic

Financials

Financial year: 2025
Total assets: €188,929
Loss: -€73,772
Solvency: -146.8%

Total assets▼ 15.9%

Net result

20232025

Go to Financials

Board & ownership

Board: 2 members

Ntenis ChatzisManaging director
DOULOS NikolaosDirector

Go to Board & ownership

Timeline

Events: 9
Since: 2023
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
16-08-2024Annual accounts filed
28-09-2023Registered office · Miscellaneous

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded: 17-03-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Purpose: “Toutes activités en rapport direct ou indirect avec la restauration en général et le…” (deed in French)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about XD Delicatessen

What is the company number of XD Delicatessen?: 0799.667.109. In Belgium the VAT number is the company number with BE in front: BE 0799.667.109.
Where is XD Delicatessen based?: The registered office is at Van Maerlantstraat 13, 1040 Brussel.Company details
What does XD Delicatessen do?: According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of XD Delicatessen?: Private limited company (BV).
When was XD Delicatessen founded?: On 17-03-2023.
Is XD Delicatessen still active?: Yes, XD Delicatessen is an active enterprise in the KBO register.
How many employees does XD Delicatessen have?: On average 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of XD Delicatessen?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is XD Delicatessen profitable?: In financial year 2025, XD Delicatessen made a loss of €73,772.
Where can I find the annual accounts of XD Delicatessen?: XD Delicatessen filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of XD Delicatessen due?: By 31-07-2027, for financial year 2026.Timeline