Xelyo
ActiveSummary
Xelyo has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €637,986 and a net result of -€42,072. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 72% of 2936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 6 accounts on average 30 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 (1)
History
On 24 September 1985, Xelyo was incorporated.1 The name was changed to Vlaams Centrum voor Kwaliteit in 2019 and to Xelyo in 2024.23 In 2021 the registered office moved to Antwerpen.4 Of the 9 current board members, Pascal Anckaert has served longest, since 2012.2 Revenue went from EUR 49,576 in 2022 to EUR 125,693 in 2024 and headcount from 3 full-time equivalents in 2018 to 2 in 2024.5
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.
- 2020 Net result +79% on 2019. Cause not known from the registers.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 12,304 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €49,576 | €59,872 | €125,693 | ▲ 110% |
| Non-recurring operating income76A | - | €4,151 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €86,844 | €86,770 | €109,609 | ▲ 26.3% |
| Remuneration, social security and pensions62 | - | €225,751 | €252,120 | €279,109 | €273,693 | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,070 | €12,964 | €50,567 | €50,899 | €52,250 | ▲ 2.7% |
| Other operating charges640/8 | - | €2,273 | €4,731 | €2,292 | €2,245 | ▼ 2.0% |
| Non-recurring operating charges66A | - | €2,362 | - | - | - | - |
| Gross operating margin9900 | €195,352 | €241,673 | €270,833 | €280,099 | €285,026 | ▲ 1.8% |
| Operating profit (loss)9901 | -€35,506 | -€1,677 | -€36,584 | -€52,201 | -€43,162 | ▲ 17.3% |
| Financial income75/76B | - | €85 | €4 | €6 | €1,890 | ▲ 32,654% |
| Recurring financial income75 | €405 | €85 | €4 | €6 | €1,890 | ▲ 32,654% |
| Financial charges65/66B | - | €1,617 | €1,178 | €258 | €801 | ▲ 210% |
| Recurring financial charges65 | €530 | €1,617 | €1,178 | €258 | €801 | ▲ 210% |
| Profit (loss) for the period before taxes9903 | -€35,631 | -€3,209 | -€37,758 | -€52,453 | -€42,072 | ▲ 19.8% |
| Income taxes67/77 | €52 | €413 | - | - | - | - |
| Profit (loss) for the period9904 | -€35,682 | -€3,622 | -€37,758 | -€52,453 | -€42,072 | ▲ 19.8% |
| Profit (loss) for the period to be appropriated9905 | -€35,682 | -€3,622 | -€37,758 | -€52,453 | -€42,072 | ▲ 19.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €886,008 | €926,695 | €826,923 | €1.0m | €916,466 | ▼ 11.0% |
| Fixed assets21/28 | €23,452 | €58,162 | €166,988 | €142,512 | €95,791 | ▼ 32.8% |
| Intangible fixed assets21 | €12,220 | €30,852 | €146,432 | €128,407 | €85,010 | ▼ 33.8% |
| Tangible fixed assets22/27 | €1,404 | €27,310 | €20,556 | €14,105 | €10,781 | ▼ 23.6% |
| Plant, machinery and equipment23 | - | - | - | €207 | €1,327 | ▲ 542% |
| Furniture and vehicles24 | - | €27,310 | €20,556 | €13,898 | €9,454 | ▼ 32.0% |
| Financial fixed assets28 | €9,828 | - | - | - | - | - |
| Current assets29/58 | €862,555 | €868,533 | €659,935 | €887,678 | €820,675 | ▼ 7.5% |
| Amounts receivable within one year40/41 | €33,541 | €39,494 | €53,622 | €331,778 | €237,117 | ▼ 28.5% |
| Trade receivables40 | - | €38,863 | €40,958 | €331,378 | €236,717 | ▼ 28.6% |
| Other amounts receivable41 | - | €631 | €12,664 | €400 | €400 | = |
| Cash at bank and in hand54/58 | €815,729 | €826,098 | €590,256 | €540,857 | €568,997 | ▲ 5.2% |
| Deferred charges and accrued income490/1 | - | €2,941 | €16,056 | €15,044 | €14,561 | ▼ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €886,008 | €926,695 | €826,923 | €1.0m | €916,466 | ▼ 11.0% |
| Equity10/15 | €773,892 | €770,270 | €732,512 | €680,058 | €637,986 | ▼ 6.2% |
| Contributions10/11 | - | - | €50,000 | €50,000 | €50,000 | = |
| Capital10 | - | - | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | - | €720,270 | €682,512 | €630,058 | €587,986 | ▼ 6.7% |
| Profit (loss) carried forward14 | -€237,786 | - | - | - | - | - |
| Amounts payable17/49 | €112,116 | €156,425 | €94,412 | €350,132 | €278,480 | ▼ 20.5% |
| Amounts payable within one year42/48 | €72,218 | €130,875 | €93,140 | €91,138 | €94,899 | ▲ 4.1% |
| Trade debts44 | €60,402 | €112,435 | €63,583 | €4,028 | €5,519 | ▲ 37.0% |
| Suppliers440/4 | - | €112,435 | €63,583 | €4,028 | €5,519 | ▲ 37.0% |
| Taxes, remuneration and social security45 | - | €18,440 | €29,558 | €87,110 | €89,214 | ▲ 2.4% |
| Taxes450/3 | - | €3,765 | €911 | €58,064 | €45,172 | ▼ 22.2% |
| Remuneration and social security454/9 | - | €14,675 | €28,647 | €29,045 | €44,042 | ▲ 51.6% |
| Accrued charges and deferred income492/3 | - | €25,550 | €1,271 | €258,995 | €183,581 | ▼ 29.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,682 | -€3,622 | -€37,758 | -€52,453 | -€42,072 | ▲ 19.8% |
| + Depreciation and write-downs630 | €11,070 | €12,964 | €50,567 | €50,899 | €52,250 | ▲ 2.7% |
| Operating cash flow (approximation) | -€24,613 | €9,342 | €12,809 | -€1,554 | €10,178 | ▲ 755% |
| Investment in fixed assets (approximation) | - | -€47,674 | -€159,393 | -€26,423 | -€5,529 | ▲ 79.1% |
| Change in cash | - | €10,369 | -€235,842 | -€49,400 | €28,140 | ▲ 157% |
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
24-09
State Gazette act
Appointments: Philippe Heyvaert (director) and Chloé Vandevelde (director)Resignation: Margot Delleman (director)12 facts ▸
- General meeting, 24-06-2026
- Director appointment, Philippe Heyvaert (director)
- Director appointment, Chloé Vandevelde (director)
- Director resignation, Margot Delleman (director)
- Board composition, Katrien Cardoen (chair)
- Board composition, Anny Wuyts (director)
- Board composition, An Casters (director)
- Board composition, Chloé Vandevelde (director)
- Board composition, Pascal Anckaert (director)
- Board composition, Ward Callens (director)
- Board composition, Bart Ceulemans (director)
- Board composition, Philippe Heyvaert (director)
21-11
State Gazette act
Resignations & appointmentsPower of attorney · Mandate term · Mandate compensation4 facts ▸
- Board meeting, 27-10-2025
- Power of attorney, Inge Declercq
- Mandate term, onbepaalde duur
- Mandate compensation, Inge Declercq
03-10
State Gazette act
Appointments: An Casters (director) and Katrien Cardoen (chair)Resignations: Hans Crampe, Koen De Buck and Jaak Van Royen13 facts ▸
- General meeting, 16-06-2025
- Director appointment, An Casters (director)
- Director resignation, Hans Crampe (director)
- Director resignation, Koen De Buck (director)
- Director resignation, Jaak Van Royen (chair)
- Director appointment, Katrien Cardoen (chair)
- Board composition, Katrien Cardoen (chair)
- Board composition, Pascal Anckaert (director)
- Board composition, Ward Callens (director)
- Board composition, An Casters (director)
- Board composition, Bart Ceulemans (director)
- Board composition, Margot Delleman (director)
- +1 further facts in this act
10-12
State Gazette act
Statutes amendmentName change3 facts ▸
- General meeting, 13-11-2023
- Name change, Xelyo
- Statutes amendment
17-11
State Gazette act
Appointments: Ward Callens, Katrien Cardoen and 3 othersResignations: René Engelen (director) and Dominique Decooman (director) · Admissions: Ward Callens, Katrien Cardoen and 3 others · Withdrawals: René Engelen (lid van de algemene vergadering) and Dominique Decooman (lid van de algemene vergadering)24 facts ▸
- General meeting, 19-06-2023
- Director appointment, Ward Callens (director)
- Director appointment, Katrien Cardoen (director)
- Director appointment, Bart Ceulemans (director)
- Director appointment, Hans Crampe (director)
- Director appointment, Margot Delleman (director)
- Director resignation, René Engelen (director)
- Director resignation, Dominique Decooman (director)
- Board composition, Jaak Van Royen (chair)
- Board composition, Koen De Buck (director)
- Board composition, Anny Wuyts (director)
- Board composition, Pascal Anckaert (director)
- +12 further facts in this act
08-12
State Gazette act
Statutes amendment3 facts ▸
- General meeting, 15-06-2021
- Board meeting, 23-09-2022
- Statutes amendment
06-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
- General meeting, 15-06-2021
- Registered-office move, Molenbergstraat 10, Bus 25, 2000 Antwerpen
Show earlier events
28-06
State Gazette act
Resignations: Johan Vermeersch, André Defoort and Patrick MeirlaenReappointments: Jaak Van Royen, Koen De Buck and 4 others10 facts ▸
- General meeting, 26-05-2020
- Director resignation, Johan Vermeersch (chair)
- Director resignation, André Defoort (director)
- Director resignation, Patrick Meirlaen (director)
- Director reappointment, Jaak Van Royen (chair)
- Director reappointment, Koen De Buck (director)
- Director reappointment, Pascal Anckaert (director)
- Director reappointment, René Engelen (director)
- Director reappointment, Dominique De Cooman (director)
- Director reappointment, Anny Wuyts (director)
02-09
State Gazette act
Resignations: Jan Boulogne, Weymans Maria and 2 othersAppointment: De Cooman Dominique (director)7 facts ▸
- General meeting, 28-05-2019
- Director resignation, Jan Boulogne (director)
- General meeting, 05-11-2019
- Director resignation, Weymans Maria (director)
- Director resignation, Barbé Benedictus (director)
- Director resignation, Van Steerteghem Dirk (director)
- Director appointment, De Cooman Dominique (director)
22-01
State Gazette act
Resignations & appointmentsPower of attorney · Mandate term · Mandate compensation4 facts ▸
- Board meeting, 05-11-2019
- Power of attorney, An Kint
- Mandate term, onbepaalde duur
- Mandate compensation, An Kint
09-01
State Gazette act
Resignations: PIETERS Milo, DE PAUW Peter and 3 othersReappointments: VERMEERSCH Johan, BOULOGNE Jean and 10 others · Appointments: VERMEERSCH Johan (chair) and Kint An (director) · Name change40 facts ▸
- General meeting, 29-05-2018
- General meeting, 23-05-2017
- Name change, Vlaams Centrum voor Kwaliteit
- Statutes amendment
- Director resignation, PIETERS Milo (director)
- Director resignation, DE PAUW Peter (director)
- Director resignation, VINÇOTTE (director)
- Director resignation, Goetvinck Mia (director)
- Director reappointment, VERMEERSCH Johan (director)
- Director reappointment, BOULOGNE Jean (director)
- Director reappointment, BARBÉ Benedictus (director)
- Director reappointment, VAN ROYEN Jaak (director)
- +28 further facts in this act
06-07
State Gazette act
Resignation: Jan Jozef G Claes (director)Appointment: René Louis Engelen (director)3 facts ▸
- General meeting, 08-11-2016
- Director resignation, Jan Jozef G Claes (director)
- Director appointment, René Louis Engelen (director)
21-10
State Gazette act
Appointment: An Kint (director)Resignation: Annette Geirnaert (director) · Power of attorney4 facts ▸
- Board meeting, 01-09-2015
- Director appointment, An Kint (director (executive))
- Director resignation, Annette Geirnaert (director (executive))
- Power of attorney, An Kint
10-06
State Gazette act
Appointments: Clybouw (statutory auditor) and Jan Claes (director)Permanent representative: André Clybouw · Resignations: Roderick Debusschere (director) and Luc Dekeyser (director) · Mandate compensation8 facts ▸
- General meeting, 26-08-2014
- Auditor appointment, Clybouw (statutory auditor)
- Permanent representative, André Clybouw
- Mandate compensation, Clybouw
- General meeting, 12-05-2015
- Director resignation, Roderick Debusschere (director)
- Director resignation, Luc Dekeyser (director)
- Director appointment, Jan Claes (director)
27-06
State Gazette act
Reappointments: Johan Vermeersch, Roderik Debusschere and 10 othersPermanent representative: Olivier Paul · Appointments: Jan Boulogne, Dirk Van Steerteghem and 4 others · Resignations: Lysander Werbrouck, Achiel Ossaer and 2 others24 facts ▸
- General meeting, 13-05-2014
- Director reappointment, Johan Vermeersch (director)
- Director reappointment, Roderik Debusschere (director)
- Director reappointment, Milo Pieters (director)
- Director reappointment, Pascal Anckaert (director)
- Director reappointment, Patrick Meirlaen (director)
- Director reappointment, Ben Barbé (director)
- Director reappointment, Peter De Pauw (director)
- Director reappointment, André Defoort (director)
- Director reappointment, Luc Dekeyser (director)
- Director reappointment, Mia Goetvinck (director)
- Director reappointment, Vinçotte Intemational NV (director)
- +12 further facts in this act
01-07
State Gazette act
Resignations: Frank Strobbe (director) and Wim De Cleyn (director)Appointment: Pascal Anckaert (director)5 facts ▸
- General meeting, 15-05-2012
- Director resignation, Frank Strobbe (director)
- Director appointment, Pascal Anckaert (director)
- General meeting, 21-05-2013
- Director resignation, Wim De Cleyn (director)
11-04
State Gazette act
Resignation: Sofie Brabants (statutory auditor)Appointment: Mike Boonen (statutory auditor)3 facts ▸
- Board meeting, 15-11-2011
- Director resignation, Sofie Brabants (statutory auditor)
- Director appointment, Mike Boonen (statutory auditor)
02-08
State Gazette act
Statutes amendment2 facts ▸
- General meeting, 17-05-2011
- Statutes amendment
02-08
State Gazette act
Reappointments: KPMG, Johan Vermeersch and 14 othersResignation: Hans Housen (director) · Appointments: Ben Barbé, Patrick Meirlaen and 2 others · Permanent representative: Olivier Paul41 facts ▸
- General meeting, 17-05-2011
- Auditor reappointment, KPMG
- Director resignation, Hans Housen (director)
- Director appointment, Ben Barbé (director)
- Director appointment, Patrick Meirlaen (director)
- Director appointment, Peter De Pauw (director)
- Director reappointment, Johan Vermeersch (director)
- Director reappointment, Roderik Debusschere (director)
- Director reappointment, Milo Pieters (director)
- Director reappointment, Frank Strobbe (director)
- Director reappointment, Lysander Werbrouck (director)
- Director reappointment, Wim De Cleyn (director)
- +29 further facts in this act
14-07
State Gazette act
Resignations: Gilles Van Dorpe, JPD Consult BVBA and 4 othersAppointments: Lysander Werbrouck, Bernard de Potter and 4 others30 facts ▸
- General meeting, 16-06-2009
- Director resignation, Gilles Van Dorpe (director)
- Director resignation, JPD Consult BVBA (director)
- Director appointment, Lysander Werbrouck (director)
- Director appointment, Bernard de Potter (director)
- General meeting, 18-05-2010
- Director resignation, Ingrid Lieten (chair)
- Director resignation, Caroline Van Bockstaele (director)
- Director resignation, Veronique Willems (director)
- Director appointment, Johan Vermeersch (chair)
- Director appointment, Luc Dekeyser (director)
- Director appointment, Frank Serneels (director)
- +18 further facts in this act
20-02
State Gazette act
Appointments: Jaak Van Royen, Marleen De Greef and 21 othersPermanent representatives: Jean-Pierre Depaemelaere, Paul Olivier and Luc Van Couter · Mandate compensation29 facts ▸
- General meeting, 06-06-2005
- Director appointment, Jaak Van Royen (director)
- Director appointment, Marleen De Greef (director)
- Director appointment, JPD Consult (director)
- Permanent representative, Jean-Pierre Depaemelaere
- Director appointment, Véronique Willems (director)
- Director appointment, Mia Goetvinck (director)
- Director appointment, Peter Van Peteghem (director)
- Director appointment, Willem De Cleyn (director)
- Director appointment, AIB - Vinçotte International (director)
- Permanent representative, Paul Olivier
- Director appointment, Marc Binnemans (director)
- +17 further facts in this act
Directors · office · real estate
Board 9
Show all 9 directors
22 not recently confirmed
Permanent representatives 3
Other functions 2
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B1460/00E000 | Flanders | 1,888 m² | 1 · 457 m² | 79.3 m · 23 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Permanent representative
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Pascal Anckaert |
|
| Anny Wuyts |
|
| De Cooman Dominique |
|
| Bart Ceulemans |
|
| Katrien Cardoen |
|
| Ward Callens |
|
| An Casters |
|
| Chloé Vandevelde |
|
| Philippe Heyvaert |
|
| AIB - Vinçotte International |
|
| BINNEMANS Marc Godelieve August |
|
| BRUYNEEL Geert |
|
| Dirk Huysmans |
|
| Dirk Laurier |
|
| Eric Verplancke |
|
| Jan Driessen |
|
| JPD Consult |
|
| Luc Meurrens |
|
| Luc Vanoirbeek |
|
| Marleen De Greef |
|
| Peter Van Peteghem |
|
| Pieter Van Hecke |
|
| Willem De Cleyn |
|
| Wim De Raeymaeker |
|
| Bernard de Potter |
|
| Ben Barbé |
|
| Roderik Debusschere |
|
| Vinçotte International nv |
|
| Vinçotte Intemational NV |
|
| Jean Marie B Boulogne |
|
| WUYTS Anna |
|
| Sophie Brabants |
|
| Caroline Swyngedouw |
|
| An Kint |
|
| Margot Delleman |
|
| Hans Crampe |
|
| Jaak Van Royen |
|
| Koen De Buck |
|
| Dominique Decooman |
|
| ENGELEN René |
|
| Andre Defoort |
|
| Patrick Meirlaen |
|
| VERMEERSCH Johan |
|
| BARBÉ Benedictus |
|
| Dirk Van Steerteghem |
|
| Maria Weymans |
|
| Jan Boulogne |
|
| Achiel Clybouw, André Clybouw & Co, Bedrijfsrevisoren – Réviseurs d'entreprises |
|
| Mia Goetvinck |
|
| Peter De Pauw |
|
| Pieters Milo Jan Albert |
|
| VINÇOTTE |
|
| Jan Claes |
|
| Annette Geirnaert |
|
| Clybouw |
|
| Luc Dekeyser |
|
| Roderick Debusschere |
|
| Mike Boonen |
|
| Achiel OSSAER |
|
| Eddy Vloeberghs |
|
| Frank Serneels |
|
| Lysander Werbrouck |
|
| KPMG |
|
| Sofie Brabants |
|
| Frank Strobbe |
|
| Wim De Cleyn |
|
| Hans Housen |
|
| Caroline Van Bockstaele |
|
| Ingrid Lieten |
|
| Luc Van Couter |
|
| Véronique Willems |
|
| Gilles Van Dorpe |
|
| JPD Consult BVBA |
|
Articles of association
Full purpose
De vereniging heeft tot doel om bedrijven en organisaties te ondersteunen die kwaliteit inzetten als een duurzame hefboom om zich te ontplooien als een performante speler in de wereldeconomie
Structure & network
Connections & network
26 connected companiesShow 22 more companies with a shared director
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 19,122 EUR awarded · 19,122 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 19,122 EUR | 19,122 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.