Xelypse
ActiveSummary
Xelypse has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €32,906 and a net result of €2,911. Equity has been stable since 2020 (±2% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-09-2019 Normal situation
- Activity
- Manufacture of computer, electronic and optical products NACE 26400and 1 other
- Establishment unit
- 2.294.133.439 9000 Ghent, since 16-09-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 13-11-2025
Board and ownership
- HAUTEKEETE FILIP RUDI GEORGEDirector · since 16-09-2019
- VERMEULEN PETERDirector · since 16-09-2019
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €4,383
- ▲ 2.4%
- Turnover
- ≈ €33,000
- estimated
- Profit
- €2,911
- ▼ 28.8%
- Equity
- €32,906
- ▲ 9.7%
- Total assets
- €34,251
- ▼ 1.7%
Score breakdownraises riskSize: total assets €34,251lowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 25.47, cash €9,175, halvedEquity €32,906 (96.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 88% of them on solvency, 81% on liquidity, 41% on profitability and 64% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 29-09-2026 at the NBB all 7 filings
Every figure per financial year
The operating result for 2026 is 2% higher than in 2025 and the highest since 2020. It is the second rise in a row, after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €468 | €519 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €34,684 | -€592 | -€507 | -€177 | -€314 | €4,280 | €4,383 | ▲ 2.4% |
| Operating profit (loss)9901 | €34,248 | -€939 | -€975 | -€696 | -€830 | €3,753 | €3,840 | ▲ 2.3% |
| Financial income75/76B | - | - | - | - | €257 | €650 | €167 | ▼ 74.3% |
| Recurring financial income75 | - | €0 | - | - | €257 | €650 | €167 | ▼ 74.3% |
| Financial charges65/66B | - | - | €42 | €39 | €39 | €40 | €41 | ▲ 1.3% |
| Recurring financial charges65 | €13 | €41 | €42 | €39 | €39 | €40 | €41 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €34,235 | -€980 | -€1,017 | -€736 | -€612 | €4,362 | €3,965 | ▼ 9.1% |
| Income taxes67/77 | €6,984 | - | - | - | - | €273 | €1,055 | ▲ 286% |
| Profit (loss) for the period9904 | €27,251 | -€980 | -€1,017 | -€736 | -€612 | €4,089 | €2,911 | ▼ 28.8% |
| Profit (loss) for the period to be appropriated9905 | €27,251 | -€980 | -€1,017 | -€736 | -€612 | €4,089 | €2,911 | ▼ 28.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €37,571 | €28,271 | €27,704 | €26,743 | €26,156 | €34,858 | €34,251 | ▼ 1.7% |
| Current assets29/58 | €37,571 | €28,271 | €27,704 | €26,743 | €26,156 | €34,858 | €34,251 | ▼ 1.7% |
| Amounts receivable within one year40/41 | - | €415 | €653 | €433 | €683 | €20 | €76 | ▲ 289% |
| Trade receivables40 | - | - | €272 | - | €197 | - | - | - |
| Other amounts receivable41 | - | - | €380 | €433 | €486 | €20 | €76 | ▲ 289% |
| Current investments50/53 | - | - | - | - | €25,000 | - | €25,000 | - |
| Cash at bank and in hand54/58 | €37,571 | €27,855 | €27,051 | €26,310 | €474 | €34,839 | €9,175 | ▼ 73.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €37,571 | €28,271 | €27,704 | €26,743 | €26,156 | €34,858 | €34,251 | ▼ 1.7% |
| Equity10/15 | €29,251 | €28,271 | €27,254 | €26,518 | €25,906 | €29,995 | €32,906 | ▲ 9.7% |
| Contributions10/11 | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €27,251 | €27,251 | €27,251 | €27,251 | €27,251 | €27,251 | €27,251 | = |
| Distributable reserves133 | - | - | €27,251 | €27,251 | €27,251 | €27,251 | €27,251 | = |
| Profit (loss) carried forward14 | - | -€980 | -€1,997 | -€2,733 | -€3,344 | €744 | €3,655 | ▲ 391% |
| Amounts payable17/49 | €8,320 | - | €450 | €225 | €250 | €4,863 | €1,345 | ▼ 72.3% |
| Amounts payable within one year42/48 | €8,320 | - | €450 | €225 | €250 | €4,863 | €1,345 | ▼ 72.3% |
| Trade debts44 | - | - | €450 | €225 | €250 | €250 | €340 | ▲ 36.0% |
| Suppliers440/4 | - | - | €450 | €225 | €250 | €250 | €340 | ▲ 36.0% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €4,613 | €1,005 | ▼ 78.2% |
| Taxes450/3 | - | - | - | - | - | €4,613 | €1,005 | ▼ 78.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,251 | -€980 | -€1,017 | -€736 | -€612 | €4,089 | €2,911 | ▼ 28.8% |
| Operating cash flow (approximation) | €27,251 | -€980 | -€1,017 | -€736 | -€612 | €4,089 | €2,911 | ▼ 28.8% |
| Change in cash | - | -€9,715 | -€804 | -€741 | -€25,836 | €34,365 | -€25,664 | - |
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, 26,972 companies had the same profile as Xelypse has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Xelypse itself is lower: < 0.1% within 12 months. It rests on far more data about Xelypse 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 26,972 companies, not a prediction for Xelypse. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-09-2026 | 2026-00528885 | |
| 31-03-2025 | micro format | 02-10-2025 | 2025-00525247 | |
| 31-03-2024 | micro format | 18-09-2024 | 2024-00463823 | |
| 31-03-2023 | micro format | 07-09-2023 | 2023-00439556 | |
| 31-03-2022 | micro format | 06-12-2022 | 2022-20532259 | |
| 31-03-2021 | micro format | 24-01-2022 | 2022-01400342 | |
| 31-03-2020 | micro format | 02-10-2020 | 2020-57900029 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HAUTEKEETE FILIP RUDI GEORGE |
|
| VERMEULEN PETER |
|
Network & group
Xelypse shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of Xelypse. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
07-05
Gazette deed
Registered office moved within GhentNew registered office: Wijkbosstraat 5, 9031 Gent · Previous registered office: Ottergemsesteenweg 379, 9000 Gent2 points ▸
- General meeting, 22-01-2024
- Registered-office move, Wijkbosstraat 5, 9031 Gent
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Ottergemsesteenweg 379, 9000 Gent until 22-01-2024 · deed of 07-05-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44808H0441/00B000 | Flanders | 1,744 m² | 1 · 513 m² | 16.8 m · 4 |
| 44017D0690/00E000 | Flanders | 509 m² | 1 · 166 m² | 8.0 m · 2 |