XECOM
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 06-05-2026 PDF all 10 filings
Equity
-€2,105▲ 94.9%
2024 · -€40,999
Net result
€38,895
2024 · -€12,511
Total assets
€52,428▲ 315%
2024 · €12,631
Solvency
-4.0%▲ 320.6pp
2024 · -324.6%
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€59,956
2025
20182025
Net result
€38,895
2025
middle half of the sector
20182025
Equity
-€2,105
▲ 94.9%
2025
lowest quarter of the sector
20182025
Total assets
€52,428
▲ 315%
2025
lowest quarter of the sector
20182025
Debt
€54,532
▲ 1.7%
2025
20182025
Working capital
-€1,439
▲ 96.5%
2025
middle half of the sector
20182025
Solvency
-4.0%
▲ 320.6pp
2025
lowest quarter of the sector
20182025
Current ratio
0.97
▲ 0.73
2025
middle half of the sector
20182025
Return on assets (ROA)
74.2%
▲ 173.2pp
2025
highest quarter of the sector
20182025
Staff (FTE)
0
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€27,776--€23,541▲ 15.2%€6,365-€2,067€17,290€16,445▼ 4.9%-€6,120€59,956
Net result-€27,880--€23,734▲ 14.9%€3,798below the sector's middle half-€4,564below the sector's middle half€14,997within the sector's middle half-€4,619below the sector's middle half-€12,511below the sector's middle half▼ 171%€38,895within the sector's middle half
Equity-€14,366--€38,100▼ 165%-€34,303below the sector's middle half▲ 10.0%-€38,867below the sector's middle half▼ 13.3%-€23,870below the sector's middle half▲ 38.6%-€28,489below the sector's middle half▼ 19.3%-€40,999below the sector's middle half▼ 43.9%-€2,105below the sector's middle half▲ 94.9%
Total assets€10,933-€16,243▲ 48.6%€17,370below the sector's middle half▲ 6.9%€13,144below the sector's middle half▼ 24.3%€9,890below the sector's middle half▼ 24.8%€16,779below the sector's middle half▲ 69.7%€12,631below the sector's middle half▼ 24.7%€52,428below the sector's middle half▲ 315%
Debt€25,299-€54,344▲ 115%€51,672▼ 4.9%€52,010▲ 0.7%€33,760▼ 35.1%€45,268▲ 34.1%€53,630▲ 18.5%€54,532▲ 1.7%
Working capital-€14,366--€38,100▼ 165%-€34,303below the sector's middle half▲ 10.0%-€38,867below the sector's middle half▼ 13.3%-€23,870below the sector's middle half▲ 38.6%-€28,489below the sector's middle half▼ 19.3%-€40,999below the sector's middle half▼ 43.9%-€1,439within the sector's middle half▲ 96.5%
Solvency-131.4%--234.6%▼ 103.2pp-197.5%below the sector's middle half▲ 37.1pp-295.7%below the sector's middle half▼ 98.2pp-241.3%below the sector's middle half▲ 54.4pp-169.8%below the sector's middle half▲ 71.6pp-324.6%below the sector's middle half▼ 154.8pp-4.0%below the sector's middle half▲ 320.6pp
Current ratio0.43-0.30▼ 0.130.34below the sector's middle half▲ 0.040.25below the sector's middle half▼ 0.080.29below the sector's middle half▲ 0.040.37below the sector's middle half▲ 0.080.24below the sector's middle half▼ 0.140.97within the sector's middle half▲ 0.73
Return on assets (ROA)-255.0%--146.1%▲ 108.9pp21.9%above the sector's middle half▲ 168.0pp-34.7%below the sector's middle half▼ 56.6pp151.6%above the sector's middle half▲ 186.4pp-27.5%below the sector's middle half▼ 179.2pp-99.0%below the sector's middle half▼ 71.5pp74.2%above the sector's middle half▲ 173.2pp
Staff (FTE)2.2-2.8▲ 27.3%2.8within the sector's middle half=2.2within the sector's middle half▼ 21.4%0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €59,956, after a loss of €6,120 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €52,428
Fixed assets
€10,954
Current assets
€41,473
Equity and liabilities
Equity-€2,105
Debt€54,532
Equity is negative. Debt (€54,532) exceeds the balance-sheet total (€52,428).
Key figures and ratios
Debt ≤ 1 year
€42,913▼
2024 · €53,630
Debt > 1 year
€11,620
Income taxes
€16,611▲
2024 · €1,114
Staff costs
€92,368▲
2024 · €88,804
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 2 |
| part-time | 0 |
| in full-time equivalents | 2 |
| Average over the year, in full-time equivalents | 2.2 |
| On a permanent contract | 2 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €27,139 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | - | - | - | - | €2,215 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €531 | - |
| Remuneration, social security and pensions62 | - | - | - | €118,219 | €79,114 | €87,907 | €88,804 | €92,368 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | - | €2,215 | - |
| Other operating charges640/8 | - | - | - | €1,363 | €1,452 | €1,310 | €1,325 | €1,056 | ▼ 20.3% |
| Gross operating margin9900 | €86,707 | €118,566 | €131,209 | €117,514 | €97,856 | €105,663 | €84,010 | €155,596 | ▲ 85.2% |
| Operating profit (loss)9901 | -€27,776 | -€23,541 | €6,365 | -€2,067 | €17,290 | €16,445 | -€6,120 | €59,956 | - |
| Financial income75/76B | - | - | - | €0 | €0 | €0 | €23 | €13 | ▼ 44.9% |
| Recurring financial income75 | €10 | €0 | €0 | €0 | €0 | €0 | €23 | €13 | ▼ 44.9% |
| Financial charges65/66B | - | - | - | €2,497 | €2,294 | €5,017 | €5,300 | €4,463 | ▼ 15.8% |
| Recurring financial charges65 | €111 | €193 | €2,568 | €2,497 | €2,294 | €5,017 | €5,300 | €4,463 | ▼ 15.8% |
| Profit (loss) for the period before taxes9903 | -€27,877 | -€23,734 | €3,798 | -€4,564 | €14,997 | €11,429 | -€11,397 | €55,506 | - |
| Income taxes67/77 | €3 | - | - | - | - | €16,048 | €1,114 | €16,611 | ▲ 15× |
| Profit (loss) for the period9904 | -€27,880 | -€23,734 | €3,798 | -€4,564 | €14,997 | -€4,619 | -€12,511 | €38,895 | - |
| Profit (loss) for the period to be appropriated9905 | -€27,880 | -€23,734 | €3,798 | -€4,564 | €14,997 | -€4,619 | -€12,511 | €38,895 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €10,933 | €16,243 | €17,370 | €13,144 | €9,890 | €16,779 | €12,631 | €52,428 | ▲ 315% |
| Fixed assets21/28 | - | - | - | - | - | - | - | €10,954 | - |
| Tangible fixed assets22/27 | - | - | - | - | - | - | - | €10,954 | - |
| Furniture and vehicles24 | - | - | - | - | - | - | - | €10,954 | - |
| Current assets29/58 | €10,933 | €16,243 | €17,370 | €13,144 | €9,890 | €16,779 | €12,631 | €41,473 | ▲ 228% |
| Amounts receivable within one year40/41 | - | - | - | - | €87 | €0 | - | €1,347 | - |
| Other amounts receivable41 | - | - | - | - | €87 | €0 | - | €1,347 | - |
| Cash at bank and in hand54/58 | €10,933 | €16,088 | €17,335 | €13,104 | €9,217 | €14,227 | €11,093 | €17,094 | ▲ 54.1% |
| Deferred charges and accrued income490/1 | - | - | - | €40 | €586 | €2,552 | €1,538 | €23,032 | ▲ 15× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €10,933 | €16,243 | €17,370 | €13,144 | €9,890 | €16,779 | €12,631 | €52,428 | ▲ 315% |
| Equity10/15 | -€14,366 | -€38,100 | -€34,303 | -€38,867 | -€23,870 | -€28,489 | -€40,999 | -€2,105 | ▲ 94.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€34,366 | -€58,100 | -€54,303 | -€58,867 | -€43,870 | -€48,489 | -€60,999 | -€22,105 | ▲ 63.8% |
| Amounts payable17/49 | €25,299 | €54,344 | €51,672 | €52,010 | €33,760 | €45,268 | €53,630 | €54,532 | ▲ 1.7% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | - | €11,620 | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €11,620 | - |
| Amounts payable within one year42/48 | €25,299 | €54,344 | €51,672 | €52,010 | €33,760 | €45,268 | €53,630 | €42,913 | ▼ 20.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €8,956 | - |
| Trade debts44 | €7,005 | €10,022 | €9,284 | €6,996 | €4,116 | €7,569 | €6,070 | €5,784 | ▼ 4.7% |
| Suppliers440/4 | - | - | - | €6,996 | €4,116 | €7,569 | €6,070 | €5,784 | ▼ 4.7% |
| Taxes, remuneration and social security45 | - | - | - | €14,478 | €9,645 | €16,689 | €17,276 | €28,173 | ▲ 63.1% |
| Taxes450/3 | - | - | - | - | - | €6,109 | €6,538 | €17,036 | ▲ 161% |
| Remuneration and social security454/9 | - | - | - | €14,478 | €9,645 | €10,581 | €10,738 | €11,136 | ▲ 3.7% |
| Other amounts payable47/48 | - | - | - | €30,537 | €20,000 | €21,009 | €30,284 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,880 | -€23,734 | €3,798 | -€4,564 | €14,997 | -€4,619 | -€12,511 | €38,895 | - |
| + Depreciation and write-downs630 | - | - | - | - | - | - | - | €2,215 | - |
| Operating cash flow (approximation) | -€27,880 | -€23,734 | €3,798 | -€4,564 | €14,997 | -€4,619 | -€12,511 | €41,110 | - |
| Change in cash | - | €5,155 | €1,246 | -€4,231 | -€3,887 | €5,011 | -€3,134 | €6,001 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-05-2026 | 2026-00105596 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00350316 | |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00182102 | |
| 31-12-2022 | abbreviated format | 18-07-2023 | 2023-00252312 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20428099 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-29300214 | |
| 31-12-2019 | abbreviated format | 12-06-2020 | 2020-16400589 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-58000460 | |
| 31-12-2017 | abbreviated format | 28-08-2018 | 2018-51500447 | |
| 31-12-2016 | abbreviated format | 28-08-2017 | 2017-48900205 |