XENON54
ActiveXENON54 has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €568k and a net result of €39k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 56% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+2
Solvency85▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.49 in 2024; short-term debt: 34% and cash: 21.1% of total assets), and 39.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
60.3%
Return on assets
4.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €568k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
25 d late
2023
29 d late
2022
23 d late
2021
54 d early
2020
46 d early
2019
159 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39k▲ 58.4%
2024 · €25k
2018: €84k
2019: €83k
2020: €35k
2021: €39k
2022: €28k
2023: €47k
2024: €25k
2018 → 2025
Working capital
€193k▲ 23.2%
2024 · €157k
2018: €60k
2019: €90k
2020: €126k
2021: €122k
2022: €180k
2023: €123k
2024: €157k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€529k-€557k▲ 5.3%€504k▼ 9.5%€529k▲ 4.9%€568k▲ 7.4%
Operating result€71k-€55k▼ 22.4%€80k▲ 45.3%€53k▼ 33.7%€70k▲ 30.5%
Net result€39k-€28k▼ 26.8%€47k▲ 64.9%€25k▼ 47.0%€39k▲ 58.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942k
Fixed assets
€429k▲ 2.5%
Current assets
€514k▲ 7.5%
Equity and liabilities €942k
Equity
€568k▲ 7.4%
Debt
€374k▲ 2.0%
The debt ratio falls from 41.0% to 39.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€101k▲
2024 · €83k
Cash flow
€71k▲
2024 · €54k
Solvency
60.3%▲
2024 · 59.0%
Current ratio
1.60▲
2024 · 1.49
Quick ratio
1.52▲
2024 · 1.49
Debt / equity
0.66▼
2024 · 0.69
ROE
6.9%▲
2024 · 4.7%
ROA
4.1%▲
2024 · 2.7%
Interest coverage
14.84▲
2024 · 10.01
Debt
€374k▲
2024 · €367k
Debt ≤ 1 year
€320k▼
2024 · €321k
Debt > 1 year
€54k▲
2024 · €46k
Income taxes
€24k▲
2024 · €20k
Staff costs
€306k▲
2024 · €300k
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€896k€942k▲
Fixed assets21/28€418k€429k▲
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€418k€428k▲
Land and buildings22€381k€368k▼
Plant, machinery and equipment23€906€323▼
Furniture and vehicles24€35k€60k▲
Other tangible fixed assets26€843€0▼
Financial fixed assets28€501€501=
Current assets29/58€478k€514k▲
Stocks and contracts in progress3-€26k
Contracts in progress37-€26k
Amounts receivable within one year40/41€245k€287k▲
Trade receivables40€242k€280k▲
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€231k€199k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€896k€942k▲
Equity10/15€529k€568k▲
Contributions10/11€74k€74k=
Outside capital11€74k€74k=
Other1109/19€74k€74k=
Reserves13€452k€491k▲
Distributable reserves133€452k€491k▲
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€367k€374k▲
Amounts payable after more than one year17€46k€54k▲
Financial debts170/4€46k€54k▲
Amounts payable within one year42/48€321k€320k▼
Current portion of amounts payable after more than one year42€17k€21k▲
Financial debts43€21k€22k▲
Credit institutions430/8€21k€22k▲
Trade debts44€192k€217k▲
Suppliers440/4€192k€217k▲
Taxes, remuneration and social security45€88k€58k▼
Taxes450/3€35k€15k▼
Remuneration and social security454/9€53k€43k▼
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€300k€306k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€7k€6k▼
Gross operating margin9900€390k€414k▲
Operating profit (loss)9901€53k€70k▲
Financial income75/76B€74€400▲
Recurring financial income75€74€400▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€45k€63k▲
Income taxes67/77€20k€24k▲
Profit (loss) for the period9904€25k€39k▲
Profit (loss) for the period to be appropriated9905€25k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€42k▲
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer from equity791/2€0-
Transfer to equity691/2€25k€39k▲
To other reserves6921€25k€39k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €25k ▼47%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 159 days late
2019
31-12
Financial
Equity above €500kEq €516k ▲12.8%
2 profitable years in a row build equity to €516k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mechelen · 1 establishment unit since 1994
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.
Brusselsesteenweg 5322800 MechelenGround area
611 m²
Building footprint
135 m²
Volume, LiDAR
774 m³
Parcel 12403E0500/00M002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XENON 54 NV
since 19942.066.541.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0500/00M002 | Flanders | 611 m² | 1 · 135 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
LCA CONSULTING
BE 0748.658.371
Knokke-Heist · Eq €568k
POLESTAR CONSULTING
BE 0475.174.096
Ninove · Eq €568k
URL.INC
BE 0458.619.364
Lier · Eq €568k
BELIGHTED
BE 0895.978.310
Ottignies-Louvain-la-Neuve · Eq €569k
CAVE-SERVICES
BE 0437.987.563
Kontich · Eq €569k
Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 11,412 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-1994
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
72100
74142
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.