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Xenth

Active Private limited companyfounded 2011active for 15 yearsBrandstraat 10, 9870 ZulteKBO/BCE: BE 0837.343.986

Lifetime

14 annual accounts with figures on one time axis
peak €170,071 (2015)
€13,040▲ 56.8%
lowest -€13,246 (2019)
€6,289▲ €11,118
peak €57,143 (2025)
€57,143▲ 12.4%
€204,465▲ 25.7%
peak 4 FTE (2015)
-not published
Board1 name since 2019
1 director
Documentsfilings and deeds
27-05-202627 days late
2025micro format
Gross margin from €8,316 to €13,040Back to profit: €6,289Equity from €50,854 to €57,143Debts from €162,682 to €204,465Cash from €2,297 to €15,799

Key points

from the 2025 annual accounts

Turnover

≈ €96,000 estimated

The micro format states no turnover.

Debts

€204,465 78% of the balance sheet
Financial debts 47%Suppliers 27%Taxes and wages 22%Other 4%

Of this, €127,740 falls due within a year.

Filings

14 annual accounts since 2012
deadline201520202025

Five of the last ten came late. The 2021 accounts came latest: 339 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as Xenth has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,508 companies, not a prediction for Xenth. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0837343986
Company renamed from Bouwwerken Vermiesch to Xenth Change of role: , from manager to director · “1) Aankoop en verkoop,groothandel en kleinhandel,vervaardigen en plaatsen,zowel voor zichzelf als voor…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 06-05-2019 · Gazette deed
First establishment BOUWWERKEN VERMIESCH, Brandstraat 10, Zulte
Incorporation published on 08-07-2011 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
Xenth Zulte €261,608 €13,040 21.8% -
ARTHMOBILE-LOCATION Jodoigne €234,134 €12,427 93.8% 0
SDL-Services Huldenberg €388,032 €16,773 45.3% -
COOPMAN TWEEWIELERS Bruges €339,996 €14,561 88.3% -
Velo-Print Beringen €294,345 €7,230 69.8% -
CB4W Beloeil €318,229 €25,224 31.2% -
CHEVY MOTOR Libramont-Chevigny €358,433 €15,389 -39.1% -

These companies have the same main activity as Xenth: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €234,000 and €388,000, founded between 2002 and 2015.

Official details

Source: KBO
Status
Active since 24-06-2011Normal situation
Activity
Retail sale of bicyclesNACE 47632and 3 others
Establishment unit
2.207.059.3119870 Zulte, since 01-07-2011
Financial year end
30 September
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-09-2025

€261,608▲ 22.5%
Filing
Filed on 27-05-2026
Financials

Insights on Xenth

Xenth files the micro format. That format states no turnover. The gross margin fell from €82,228 in 2012 to €13,040 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Xenth

What is the company number of Xenth?
The company number of Xenth is 0837.343.986. The VAT number is the same number with BE in front: BE 0837.343.986.
Where is Xenth based?
The registered office is at Brandstraat 10, 9870 Zulte.Company details
What does Xenth do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of Xenth?
Xenth is a private limited company (BV).
When was Xenth founded?
Xenth was founded on 24-06-2011.
Is Xenth still active?
Yes, Xenth is an active enterprise in the KBO register.
How many employees does Xenth have?
Xenth had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Xenth?
The turnover in financial year 2025 is ≈ €96,000. This figure is estimated from the gross margin of €13,040 and 42 comparable companies (NACE 476). It probably lies between €50,000 and €210,000. It is a rough estimate.
Is Xenth profitable?
In financial year 2025, Xenth made a profit of €6,289.
Where can I find the annual accounts of Xenth?
Xenth filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Xenth due?
Xenth must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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