Skip to content

XEE

Active
Private limited company (pre-2019)founded 201115 yrs activeVerbruggestraat 12, 1850 Grimbergen, BelgiumKBO/BCE: BE 0834.051.728

XEE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €61k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
76 / 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+17
Solvency80▲+9
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.12 in 2024), but 62.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.1%
Return on assets
11.8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
3 d early
2023
103 d late
2022
24 d late
2021
on the day
2020
3 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€192k▲ 46.5%
2024 · €131k
2019: €54k 2020: €64k 2021: €100k 2022: €103k 2023: €110k 2024: €131k
2019 → 2025
Total assets
€518k▲ 22.0%
2024 · €424k
2019: €217k 2020: €230k 2021: €319k 2022: €304k 2023: €318k 2024: €424k
2019 → 2025
Net result
€61k▲ 181%
2024 · €22k
2019: €22k 2020: €10k 2021: €36k 2022: €3k 2023: €7k 2024: €22k
2019 → 2025
Working capital
€284k▲ 26.3%
2024 · €225k
2019: €54k 2020: €66k 2021: €103k 2022: €193k 2023: €199k 2024: €225k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€100k-€103k▲ 2.7%€110k▲ 6.6%€131k▲ 19.8%€192k▲ 46.5%
Operating result€51k-€8k▼ 85.0%€14k▲ 80.2%€36k▲ 161%€99k▲ 176%
Net result€36k-€3k▼ 92.4%€7k▲ 149%€22k▲ 221%€61k▲ 181%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €51k€51kNet result 2021: €36k€36kOperating result 2022: €8k€8kNet result 2022: €3k€3kOperating result 2023: €14k€14kNet result 2023: €7k€7kOperating result 2024: €36k€36kNet result 2024: €22k€22kOperating result 2025: €99k€99kNet result 2025: €61k€61k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 176% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €518k
Equity €192k▲ 46.5%
Debt €326k▲ 11.1%
The debt ratio falls from 69.1% to 62.9%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
Solvency
37.1%
2024 · 30.9%
Current ratio
2.21
2024 · 2.12
Quick ratio
0.19
2024 · 0.66
Debt / equity
1.69
2024 · 2.23
ROE
31.7%
2024 · 16.5%
ROA
11.8%
2024 · 5.1%
Debt
€326k
2024 · €293k
Debt ≤ 1 year
€234k
2024 · €200k
Debt > 1 year
€85k=
2024 · €85k
Income taxes
€31k
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€424k€518k
Current assets29/58€424k€518k
Stocks and contracts in progress3€293k€472k
Stocks30/36€293k€472k
Amounts receivable within one year40/41€119k€31k
Trade receivables40€108k€31k
Other amounts receivable41€11k€0
Cash at bank and in hand54/58€12k€13k
Deferred charges and accrued income490/1€881€1k
Equity and liabilities
Total equity and liabilities10/49€424k€518k
Equity10/15€131k€192k
Contributions10/11€15k€15k=
Reserves13€93k€154k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€91k€152k
Profit (loss) carried forward14€23k€23k=
Amounts payable17/49€293k€326k
Amounts payable after more than one year17€85k€85k=
Other amounts payable178/9€85k€85k=
Amounts payable within one year42/48€200k€234k
Trade debts44€484€763
Suppliers440/4€484€763
Advances received on contracts in progress46€11k€0
Taxes, remuneration and social security45€4k€31k
Taxes450/3€4k€31k
Other amounts payable47/48€185k€202k
Accrued charges and deferred income492/3€8k€7k
Income statement Code20242025
Other operating charges640/8€2k€2k
Gross operating margin9900€38k€101k
Operating profit (loss)9901€36k€99k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€6k€7k
Recurring financial charges65€6k€7k
Profit (loss) for the period before taxes9903€30k€92k
Income taxes67/77€8k€31k
Profit (loss) for the period9904€22k€61k
Profit (loss) for the period to be appropriated9905€22k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€84k
Profit (loss) brought forward from the previous period14P€23k€23k=
Transfer to equity691/2€22k€61k
To other reserves6921€22k€61k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €61k ▲181%
Operating result €99k, net result €61k, both a record.
30-06
Financial Equity above €150kEq €192k ▲46.5%
7 profitable years in a row build equity to €192k.
28-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 103 days late
2023
24-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-06
Financial Weakest financial yearnet €3k ▼92.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Equity above €100kEq €100k ▲56%
3 profitable years in a row build equity to €100k.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
15-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Grimbergen · 2 establishment units since 2011
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Verbruggestraat 121850 Grimbergen
Ground area
1,755 m²
Building footprint
124 m²
Volume, LiDAR
681 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
XEE
Verbruggestraat 12, 1850 GrimbergenNACE 4511301
since 20112.196.560.842
XEE
Begijnhofstraat 9, 1980 ZemstNACE 4511101
since 20222.333.109.227
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23025I0092/00V000 Flanders 1,542 m² 1 · 32 m² 8.0 m · 2 fl.
23020C0075/00Z002 Flanders 212 m² 1 · 92 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,620 companies in sector 47811 we hold annual accounts for 5,193. 3,713 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2011
Fiscal year end30-06
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47715Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.