XEDUM
ActiveSummary
XEDUM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,262 and a net result of €24,114. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+2
Solvency75▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.04 in 2024; short-term debt: 48% and cash: 56.1% of total assets), but 50.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
49.9%
Return on assets
15.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
4 d early
2023
27 d early
2022
24 d late
2021
6 d early
2020
29 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€77,262▼ 35.6%
2024 · €119,972
Total assets
€154,881▼ 24.7%
2024 · €205,593
Net result
€24,114▼ 16.4%
2024 · €28,836
Working capital
€52,024▼ 41.3%
2024 · €88,662
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,010▼ 62.1%-€12,874€23,206€39,069▲ 68.4%€38,751▼ 0.8%
Net result€21,688within the sector's middle half▼ 60.7%-€13,359below the sector's middle half€17,586within the sector's middle half€28,836within the sector's middle half▲ 64.0%€24,114within the sector's middle half▼ 16.4%
Equity€123,274within the sector's middle half▲ 21.3%€109,915within the sector's middle half▼ 10.8%€127,502within the sector's middle half▲ 16.0%€119,972within the sector's middle half▼ 5.9%€77,262within the sector's middle half▼ 35.6%
Total assets€179,812within the sector's middle half▲ 15.8%€167,427within the sector's middle half▼ 6.9%€177,303within the sector's middle half▲ 5.9%€205,593within the sector's middle half▲ 16.0%€154,881within the sector's middle half▼ 24.7%
Debt€56,538▲ 5.2%€57,511▲ 1.7%€49,801▼ 13.4%€85,621▲ 71.9%€77,620▼ 9.3%
Working capital€119,661within the sector's middle half▲ 18.7%€92,066within the sector's middle half▼ 23.1%€87,915within the sector's middle half▼ 4.5%€88,662within the sector's middle half▲ 0.8%€52,024within the sector's middle half▼ 41.3%
Solvency68.6%within the sector's middle half▲ 3.2pp65.6%within the sector's middle half▼ 2.9pp71.9%within the sector's middle half▲ 6.3pp58.4%within the sector's middle half▼ 13.6pp49.9%within the sector's middle half▼ 8.5pp
Current ratio3.12within the sector's middle half▲ 0.242.60within the sector's middle half▼ 0.522.77within the sector's middle half▲ 0.162.04within the sector's middle half▼ 0.731.70within the sector's middle half▼ 0.34
Return on assets (ROA)12.1%within the sector's middle half▼ 23.4pp-8.0%below the sector's middle half▼ 20.0pp9.9%within the sector's middle half▲ 17.9pp14.0%within the sector's middle half▲ 4.1pp15.6%within the sector's middle half▲ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154,881
Fixed assets
€28,446 ▼ 9.1%
Current assets
€126,435 ▼ 27.5%
Equity and liabilities €154,881
Equity
€77,262 ▼ 35.6%
Debt
€77,620 ▼ 9.3%
Debt's share of the balance-sheet total rises from 41.6% to 50.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46,874▼
2024 · €47,346
Cash flow
€32,237▼
2024 · €37,113
Debt to equity
1.00▲
2024 · 0.71
ROE
31.2%▲
2024 · 24.0%
Interest coverage
14.61▼
2024 · 16.74
Debt ≤ 1 year
€74,412▼
2024 · €85,621
Income taxes
€11,429▲
2024 · €7,405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €16,500 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €717 | €1,276 | €7,073 | €8,277 | €8,123 | ▼ 1.9% |
| Other operating charges640/8 | €1,039 | €743 | €438 | €1,192 | €3,697 | ▲ 210% |
| Gross operating margin9900 | €30,766 | -€10,856 | €30,716 | €48,537 | €50,571 | ▲ 4.2% |
| Operating profit (loss)9901 | €29,010 | -€12,874 | €23,206 | €39,069 | €38,751 | ▼ 0.8% |
| Financial income75/76B | €3 | €0 | - | - | - | - |
| Recurring financial income75 | €3 | €0 | - | - | - | - |
| Financial charges65/66B | €102 | €219 | €2,283 | €2,828 | €3,208 | ▲ 13.4% |
| Recurring financial charges65 | €102 | €219 | €2,283 | €2,828 | €3,208 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €28,912 | -€13,093 | €20,923 | €36,241 | €35,543 | ▼ 1.9% |
| Income taxes67/77 | €7,223 | €265 | €3,337 | €7,405 | €11,429 | ▲ 54.3% |
| Profit (loss) for the period9904 | €21,688 | -€13,359 | €17,586 | €28,836 | €24,114 | ▼ 16.4% |
| Profit (loss) for the period to be appropriated9905 | €21,688 | -€13,359 | €17,586 | €28,836 | €24,114 | ▼ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €179,812 | €167,427 | €177,303 | €205,593 | €154,881 | ▼ 24.7% |
| Fixed assets21/28 | €3,613 | €17,849 | €39,586 | €31,309 | €28,446 | ▼ 9.1% |
| Tangible fixed assets22/27 | €3,613 | €17,849 | €39,586 | €31,309 | €28,446 | ▼ 9.1% |
| Land and buildings22 | - | - | €26,454 | €24,652 | €22,849 | ▼ 7.3% |
| Plant, machinery and equipment23 | €497 | €2,532 | €1,478 | €652 | €5,120 | ▲ 685% |
| Furniture and vehicles24 | €3,116 | €15,317 | €11,654 | €6,006 | €476 | ▼ 92.1% |
| Current assets29/58 | €176,199 | €149,577 | €137,717 | €174,284 | €126,435 | ▼ 27.5% |
| Amounts receivable within one year40/41 | €30,238 | €19,664 | €33,783 | €34,283 | €39,105 | ▲ 14.1% |
| Trade receivables40 | €29,961 | €19,564 | €32,148 | €33,963 | €39,105 | ▲ 15.1% |
| Other amounts receivable41 | €277 | €101 | €1,635 | €321 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €145,961 | €128,384 | €101,386 | €136,316 | €86,950 | ▼ 36.2% |
| Deferred charges and accrued income490/1 | €0 | €1,530 | €2,548 | €3,684 | €380 | ▼ 89.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €179,812 | €167,427 | €177,303 | €205,593 | €154,881 | ▼ 24.7% |
| Equity10/15 | €123,274 | €109,915 | €127,502 | €119,972 | €77,262 | ▼ 35.6% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €115,914 | €115,914 | €120,502 | €112,972 | €70,262 | ▼ 37.8% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Distributable reserves133 | €113,914 | €113,914 | €118,502 | €110,972 | €70,262 | ▼ 36.7% |
| Profit (loss) carried forward14 | €360 | -€12,999 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €56,538 | €57,511 | €49,801 | €85,621 | €77,620 | ▼ 9.3% |
| Amounts payable within one year42/48 | €56,538 | €57,511 | €49,801 | €85,621 | €74,412 | ▼ 13.1% |
| Financial debts43 | - | €75 | €0 | €1,137 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €75 | €0 | €1,137 | €0 | ▼ 100% |
| Trade debts44 | €3,541 | €19,536 | €342 | €1,851 | €972 | ▼ 47.5% |
| Suppliers440/4 | €3,541 | €19,536 | €342 | €1,851 | €972 | ▼ 47.5% |
| Taxes, remuneration and social security45 | €18,046 | €2,622 | €4,958 | €9,668 | €16,305 | ▲ 68.6% |
| Taxes450/3 | €18,046 | €2,622 | €4,958 | €9,668 | €16,305 | ▲ 68.6% |
| Other amounts payable47/48 | €34,951 | €35,277 | €44,501 | €72,965 | €57,135 | ▼ 21.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,208 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,688 | -€13,359 | €17,586 | €28,836 | €24,114 | ▼ 16.4% |
| + Depreciation and write-downs630 | €717 | €1,276 | €7,073 | €8,277 | €8,123 | ▼ 1.9% |
| Operating cash flow (approximation) | €22,405 | -€12,083 | €24,659 | €37,113 | €32,237 | ▼ 13.1% |
| Investment in fixed assets (approximation) | - | -€15,512 | -€28,810 | €0 | -€5,259 | - |
| Change in cash | - | -€17,577 | -€26,998 | €34,930 | -€49,366 | ▼ 241% |
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
18-09
State Gazette act
Merger · Other statement
Incorporation · Statutes amendment
14-09
State Gazette act
Merger · Other statement
Incorporation · Statutes amendment
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
17-07
State Gazette act
General meeting · Director appointment
Permanent representative · Board meeting
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17,586
Net result €17,586 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet -€13,359
Net result drops to -€13,359, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €55,136 ▲84.9%
Operating result €76,529, net result €55,136, both a record.
Show earlier events
31-12
Financial
Equity above €100,000Eq €101,586 ▲80%
3 profitable years in a row build equity to €101,586.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Beringen · 1 establishment unit since 2000
Ground area
6,088 m²
Building footprint
394 m²
Volume, LiDAR
2,026 m³
Parcel 71004A0612/00A000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Voortstraat 84, 3580 Beringen
since 20002.099.540.551
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0612/00A000 | Flanders | 6,088 m² | 1 · 394 m² | 7.2 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
6488B5MM1MA768P38N65
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Sales and Marketing Activities
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 39,995 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
Founded19-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46630Wholesale trade
46831Wholesale of construction materials, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471741088
Also
9925:BE0471741088
Registered
07-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.