XEA
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 17-09-2025 PDF all 19 filings
Every figure per financial year
The operating result for 2025 is €0, the same as in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1 | €1 | €1 | €9,050 | €9,050 | €1,050 | €1,050 | = |
| Current assets29/58 | €1 | €1 | €1 | €9,050 | €9,050 | €1,050 | €1,050 | = |
| Cash at bank and in hand54/58 | €1 | €1 | €1 | - | - | €1,050 | €1,050 | = |
| Deferred charges and accrued income490/1 | - | - | - | €9,050 | €9,050 | €0 | €0 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1 | €1 | €1 | €9,050 | €9,050 | €1,050 | €1,050 | = |
| Equity10/15 | -€40,950 | -€40,950 | -€40,950 | -€40,950 | -€40,950 | -€40,950 | -€40,950 | = |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Capital10 | - | - | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Issued capital100 | - | - | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €17,795 | €17,795 | €17,795 | €17,795 | €17,795 | €17,795 | €17,795 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | - | - | €15,940 | €15,940 | €15,940 | €15,940 | = |
| Profit (loss) carried forward14 | -€77,295 | -€77,295 | -€77,295 | -€77,295 | -€77,295 | -€77,295 | -€77,295 | = |
| Amounts payable17/49 | €40,951 | €40,951 | €40,951 | €50,000 | €50,000 | €42,000 | €42,000 | = |
| Amounts payable within one year42/48 | €40,951 | €40,951 | €40,951 | €50,000 | €50,000 | €42,000 | €42,000 | = |
| Other amounts payable47/48 | - | - | - | €50,000 | €50,000 | €42,000 | €42,000 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0 | €0 | - | €0 | €0 | €0 | €0 | - |
| Operating cash flow (approximation) | €0 | €0 | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | - | - | - | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,449 companies had the same profile as XEA has now. Two years later, 92.3% were still going and 2.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of XEA itself is lower: 0.4% within 12 months. It rests on far more data about XEA than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,449 companies, not a prediction for XEA. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 17-09-2025 | 2025-00493228 | |
| 30-06-2024 | micro format | 04-09-2024 | 2024-00446483 | |
| 30-06-2023 | micro format | 29-07-2023 | 2023-00292831 | |
| 30-06-2022 | micro format | 13-12-2022 | 2022-20535977 | |
| 30-06-2021 | micro format | 11-12-2021 | 2021-79800324 | |
| 30-06-2020 | micro format | 04-01-2021 | 2021-00100070 | |
| 30-06-2019 | abbreviated format | 20-12-2019 | 2019-77600411 | |
| 30-06-2018 | abbreviated format | 09-01-2019 | 2019-00700516 | |
| 30-06-2017 | abbreviated format | 13-12-2017 | 2017-71500557 | |
| 30-06-2016 | abbreviated format | 04-01-2017 | 2017-00100376 |