Equity
XDev paid out €17,250 in dividends. That is 79% of the 2025 profit.
In July 2024, 26,972 companies had the same profile as XDev has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for XDev. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| XDev Auderghem | €73,294 | €28,883 | 75.3% | - |
| LCH-DEV Ixelles | €71,602 | €29,850 | 5.7% | - |
| Geoffrey Oakes Uccle | €84,978 | €27,024 | 79.5% | - |
| NERTHUS Andenne | €69,995 | €27,338 | 75.7% | - |
| EAS Robotics Antwerp | €74,330 | €26,587 | 84.5% | - |
| INTEGO-IT Wichelen | €68,168 | €29,674 | 43.0% | - |
| THE DOT FATHER Antwerp | €75,097 | €26,817 | -60.3% | 0.7 |
These companies have the same main activity as XDev: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €68,200 and €85,000, founded between 2020 and 2021.
XDev files the micro format. That format states no turnover. The gross margin fell from €30,096 in 2021 to €28,883 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €96,000. Estimated: probably between €79,000 and €130,000.
Higher than 68% of 21,217 companies in 2025.
Higher than 68% of 20,581 companies in 2025.
Higher than 67% of 20,756 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
73,294 | 68,841 | 60,501 | 42,487 | 32,940 | |
21/28 |
- | 494 | 989 | 1,483 | - | |
22/27 |
- | 494 | 989 | 1,483 | - | |
23 |
- | 494 | 989 | 1,483 | - | |
29/58 |
73,294 | 68,347 | 59,512 | 41,004 | 32,940 | |
40/41 |
25,065 | 18,719 | 27,080 | 533 | 678 | |
40 |
10,044 | 6,363 | - | - | - | |
41 |
15,021 | 12,357 | 27,080 | 533 | 678 | |
54/58 |
48,228 | 49,627 | 32,433 | 40,471 | 32,261 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
73,294 | 68,841 | 60,501 | 42,487 | 32,940 | |
10/15 |
55,180 | 50,705 | 36,245 | 36,245 | 23,094 | |
10/11 |
1,450 | 1,450 | 1,450 | 1,450 | 1,450 | |
13 |
53,730 | 34,795 | 34,795 | 34,795 | 21,644 | |
133 |
53,730 | 34,795 | 34,795 | 34,795 | 21,644 | |
14 |
- | 14,460 | - | - | - | |
17/49 |
18,114 | 18,136 | 24,257 | 6,243 | 9,846 | |
42/48 |
18,114 | 18,136 | 24,257 | 6,243 | 9,846 | |
44 |
864 | 919 | 700 | 1,274 | 1,293 | |
440/4 |
864 | 919 | 700 | 1,274 | 1,293 | |
45 |
2,250 | 718 | 74 | 4,968 | 8,143 | |
450/3 |
2,250 | 718 | 74 | 4,968 | 8,143 | |
47/48 |
15,000 | 16,500 | 23,483 | - | 410 | |
| Income statement | ||||||
9900 |
28,883 | 39,669 | 30,016 | 18,728 | 30,096 | |
630 |
494 | 494 | 494 | 494 | - | |
640/8 |
633 | - | - | - | 245 | |
9901 |
27,756 | 39,174 | 29,522 | 18,234 | 29,851 | |
75/76B |
0 | - | - | 0 | - | |
75 |
0 | - | - | 0 | - | |
65/66B |
278 | 70 | 65 | 115 | 64 | |
65 |
278 | 70 | 65 | 115 | 64 | |
9903 |
27,478 | 39,104 | 29,457 | 18,119 | 29,787 | |
67/77 |
5,752 | 8,144 | 5,974 | 4,968 | 8,143 | |
9904 |
21,725 | 30,960 | 23,483 | 13,151 | 21,644 | |
9905 |
21,725 | 30,960 | 23,483 | 13,151 | 21,644 | |
| Appropriation of the result | ||||||
9906 |
36,185 | 30,960 | 23,483 | 13,151 | 21,644 | |
14P |
14,460 | - | - | - | - | |
791/2 |
17,250 | - | - | - | - | |
691/2 |
36,185 | - | - | 13,151 | 21,644 | |
6921 |
36,185 | - | - | 13,151 | 21,644 | |
694/7 |
17,250 | 16,500 | 23,483 | - | - | |
694 |
17,250 | 16,500 | 23,483 | - | - | |
| Document | ||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00349063 | |
| 31-12-2024 | micro format | 29-06-2025 | 2025-00204083 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00373090 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00200101 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20157775 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 28,250 | 39,669 | 30,016 | 18,728 | - | ||
| 22,220 | 31,454 | 23,978 | 13,645 | - | ||
| 0 | 0 | 0 | 1,978 | - | ||
| -1,399 | 17,194 | -8,038 | 8,209 | - | ||
| 55,180 | 50,210 | 35,256 | 34,761 | 23,094 | ||
| 75.3% | 73.7% | 59.9% | 85.3% | 70.1% | ||
| 4.05 | 3.77 | 2.45 | 6.57 | 3.35 | ||
| 0.33 | 0.36 | 0.67 | 0.17 | 0.43 | ||
| 39.4% | 61.1% | 64.8% | 36.3% | 93.7% | ||
| 29.6% | 45.0% | 38.8% | 31.0% | 65.7% | ||
| over 100 | over 100 | over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,978 | - |
| €494 | €494 | €494 | €494 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 29% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 26.3% to 24.7%. Equity is higher and debt is lower.
XDev has no parent and no holdings in its annual accounts. is the only director. XDev shares no director with another company.
| Neacsu, Constantin (sole trader)
establishment since 04-05-2021 |
founded in 2006 0882.643.976 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Hertogendal 302 registered office 1160 Auderghem | 15-10-2020 | 2.308.562.485 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21002A0122/00L000 | 699 m² | 1 · 392 m² | 13.1 m · 4 |
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