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XEOS

Active Public limited companyfounded 1999active for 26 yearsde Stassartstraat 131, 1050 IxellesKBO/BCE: BE 0468.131.007
Heads the group XEOS 9 companies in 2 countries
See the group

Annual accounts 2025

full format, filed on 31-08-2026, 31 days late
€4,336
▼ 97.3%
-€25,392
▼ €185,398
€1.2m
▼ 65.6%
€19.3m
▼ 10.5%
91.9%
▲ 2.1 percentage points
9.51
▲ 1.31

The turnover shown is an estimate from the gross margin.

Turnover ≈ €17,000. Estimated: probably between €7,500 and €43,000.

Balance sheet

balance sheet total €58.6m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

91.9%

Higher than 85% of 3,873 companies in 2025.

9.51

Higher than 88% of 3,727 companies in 2025.

2.1%

Higher than 46% of 3,849 companies in 2025.

XEOS Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 58.6m58.6m56.1m28.3m24.3m23.2m22.7m18.7m19.2m12.3m11.8m11.8m7.3m7.2m7.0m7.0m6.8m6.2m6.1m6.1m
21/28 37.0m34.0m33.8m13.4m10.4m10.4m11.3m10.1m12.2m9.2m7.7m6.8m6.1m5.9m5.8m5.8m5.8m5.8m4.9m4.9m
21 158,926159,667165,8402,4843,4804,476--------------
22/27 18,91018,9109,9002656981,131----2246281,5131,9331,230-----
22 ------------482498514-----
24 ---2656981,131----2246281,0311,435716-----
26 18,91018,9109,900-----------------
28 36.8m33.8m33.6m13.4m10.4m10.4m11.3m10.1m12.2m9.2m7.7m6.8m6.1m5.9m5.8m5.8m5.8m5.8m4.9m4.9m
29/58 21.6m24.6m22.3m14.8m13.9m12.8m11.4m8.5m6.9m3.1m4.0m5.0m1.2m1.3m1.2m1.2m1.0m443,6981.2m1.1m
29 2.2m2.2m2.2m-----------------
291 2.2m2.2m2.2m-----------------
40/41 7.7m7.5m6.0m8.2m6.9m5.0m4.2m3.2m1.8m298,736172,826--25,006162,576234,679183,120122,475869,010915,477
40 4,1737861,93429,134124,56188,60170,169156,00068,50084,845----95,647186,340101,67093,575-45,000
41 7.7m7.5m6.0m8.2m6.8m4.9m4.2m3.1m1.7m213,891172,826--25,00666,93048,33981,45028,900869,010870,477
50/53 11.4m14.6m14.0m1.9m4.4m4.1m3.8m474,519199,4022.4m3.7m4.5m1.0m952,080613,037976,848805,681299,781127,758173,596
54/58 366,885262,45047,9584.3m2.3m3.5m3.2m4.6m4.7m96,975140,717468,042145,372177,048186,44635,94953,18421,442149,18018,258
490/1 ---430,088299,672175,805139,770206,914280,197319,38537,895-44,500140,000199,120---25,27825,266
Balance sheet: equity and liabilities
10/49 58.6m58.6m56.1m28.3m24.3m23.2m22.7m18.7m19.2m12.3m11.8m11.8m7.3m7.2m7.0m7.0m6.8m6.2m6.1m6.1m
10/15 53.8m52.6m49.0m22.7m19.3m17.4m16.6m16.2m15.4m8.2m7.8m6.6m1.0m6.6m6.3m6.1m5.9m5.6m5.3m5.0m
10/11 1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m402,7904.9m4.9m4.9m4.9m4.9m4.9m4.9m
10 1.6m1.6m1.6m1.6m1.6m---------------
100 1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m1.6m402,7904.9m4.9m4.9m4.9m4.9m4.9m4.9m
13 1.9m1.9m1.3m162,679162,679162,679162,679162,679162,679162,679162,679162,67987,32387,32375,42865,00051,25535,15522,9157,955
130/1 162,679162,679162,679162,679162,679162,679--------------
130 162,679162,679162,679162,679162,679162,679162,679162,679162,679162,679162,679162,67987,32387,32375,42865,00051,25535,15522,9157,955
132 1.8m1.8m1.2m-----------------
14 50.3m49.0m46.1m20.9m17.5m15.7m14.8m14.4m13.6m6.4m6.0m4.8m516,9711.6m1.4m1.2m909,216621,123388,581116,371
16 ------------70,60070,60070,60053,25725,000---
160/5 ------------70,60070,60070,60053,25725,000---
17/49 4.8m6.0m7.1m5.6m5.1m5.7m6.1m2.5m3.7m4.1m4.0m5.2m6.2m505,500544,306855,279928,234671,640774,9411.0m
17 2.5m3.0m3.5m4.2m3.4m4.6m4.8m1.0m1.0m1.0m1.0m1.0m500,000490,000500,000800,000800,000---
170/4 2.5m3.0m3.5m4.2m3.4m4.6m4.8m1.0m1.0m1.0m1.0m1.0m500,000490,000500,000800,000800,000---
42/48 2.3m3.0m3.6m1.3m1.6m1.1m1.2m1.4m2.7m3.0m2.9m4.2m5.7m11,12544,30655,279128,234671,640773,9411.0m
42 231,906225,769219,794213,9781.2m202,803197,436-------------
43 --450,000---3,577-1.0m1.0m1.0m86--------
430/8 ------3,577-1.0m1.0m1.0m86--------
439 --450,000-----------------
44 1,3081,2273,0042,9343193,51317,7019305,9205976708728085,6113,908-10,655335-376
440/4 1,3081,2273,0042,9343193,51317,7019305,9205976708728085,6113,908-10,655335-376
45 118,013220,772462,1683,1465,57710,7392,72446,23644,81349,83634,74927,681140,0304,42939,64054,89621,97016,70676,34217,607
450/3 118,013220,772462,1683,1465,57710,7392,72446,23644,81349,83634,74927,681140,0304,42939,64054,89621,97016,70676,34217,607
47/48 1.9m2.6m2.5m1.1m407,445855,8831.0m1.4m1.6m2.0m1.9m4.1m5.6m1,08575838395,608654,599697,5991.0m
492/3 -698--------7004,7474,3754,375----1,000900
Income statement
76A --------5.9m--4.2m3,049--99,788---1,600
9900 4,336161,202-43,830-66,840281,374186,090240,552246,6006.1m57,94549,245-159,94026,15974,53295,16194,04892,646112,73381,93133,969
630 7419961,0121,4291,429671---224403404420420292-----
635/8 ------------70,600--17,34328,25725,000---
640/8 28,9872001.8m8,35511,94828,115186,850106,25012,704-8989891,3259089898989179
66A ----------23,473---31,438-----
9901 -25,392160,006-1.8m-76,624267,997157,30353,703140,3506.1m57,72148,752-89,83225,65172,78877,43565,70267,557112,64481,84233,790
75/76B 1.7m4.2m28.9m3.6m2.0m926,495506,939780,6461.4m455,4491.3m314,309280,238195,066205,515140,813275,602190,233245,53780,034
75 1.7m4.2m28.9m3.6m2.0m926,495506,939780,6461.4m455,4491.3m314,309280,238195,066205,515140,813275,602190,233245,53780,034
76B --------23,473-----------
65/66B 249,064151,904126,890104,104433,438244,099150,09587,514299,10460,09654,04337,68517,65817,60327,31226,25020,87925,61419370
65 249,064151,904126,890104,104433,438244,099150,09549,83759,42360,09654,04337,68517,65817,60327,31226,25020,87925,61419370
66B -------37,677239,681-----------
9903 1.4m4.2m26.9m3.4m1.8m839,698410,547833,4817.3m453,0741.2m4.4m291,281250,251224,200280,053322,279277,263327,186115,354
67/77 182,602610,858554,30603,1464,0153,97463,42333,86729,76521,66819,38512314,28615,63811,91518,08732,48028,01614,297
9904 1.2m3.6m26.3m3.4m1.8m835,683406,573770,0597.2m423,3091.2m4.4m291,158235,964208,563268,138304,192244,783299,170101,057
689 -631,5001.2m-----------------
9905 1.2m3.0m25.2m3.4m1.8m835,683406,573770,0597.2m423,3091.2m4.4m291,158235,964208,563268,138304,192244,783299,170101,057
Appropriation of the result
9906 50.3m49.0m46.1m20.9m17.5m15.7m14.8m14.4m13.6m6.4m6.0m4.9m1.9m1.6m1.4m1.2m925,316633,363415,541122,571
14P 49.0m46.1m20.9m17.5m15.7m---------------
691/2 -----------75,356-11,89510,42813,74516,10012,24014,9606,200
6920 -----------75,356-11,89510,42813,74516,10012,24014,9606,200
694/7 ------------1.4m-----12,000-
694 ------------1.4m-------
695 ------------------12,000-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00496717.

Financial year Type Filed Reference Document
31-12-2025 full format 31-08-2026 2026-00496717 PDF
31-12-2024 full format 28-08-2025 2025-00441907 PDF
31-12-2023 full format 05-09-2024 2024-00449434 PDF
31-12-2022 full format 31-08-2023 2023-00412707 PDF
31-12-2021 full format 29-08-2022 2022-20417682 PDF
31-12-2020 full format 19-08-2021 2021-50900598 PDF
31-12-2019 full format 31-08-2020 2020-48800204 PDF
31-12-2018 micro format 29-08-2019 2019-56100385 PDF
31-12-2017 micro format 04-07-2018 2018-28900168 PDF
31-12-2016 micro format 25-08-2017 2017-50900108 PDF
31-12-2015 full format 05-08-2016 2016-41100254 PDF
31-12-2014 full format 26-08-2015 2015-50100266 PDF
31-12-2013 full format 30-06-2014 2014-25400482 PDF
31-12-2012 full format 22-08-2013 2013-46200116 PDF
31-12-2011 full format 04-06-2012 2012-15000318 PDF
31-12-2010 full format 29-06-2011 2011-24900239 PDF
31-12-2009 full format 16-06-2010 2010-18900571 PDF
31-12-2008 full format 09-06-2009 2009-20400132 PDF
31-12-2007 full format 21-05-2008 2008-15200394 PDF
31-12-2006 full format 28-08-2007 2007-62300355 PDF
31-12-2005 full format 31-05-2006 2006-18101459 PDF
31-12-2004 full format 28-06-2005 2005-35204472 PDF
31-12-2003 full format 05-04-2004 2004-10300343 PDF
31-12-2002 full format 05-06-2003 2003-19802643 PDF
31-12-2001 full format 15-07-2002 2002-37801297 PDF
31-12-2000 full format 15-06-2001 2001-22000735 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-24,651161,002-1.8m-75,195269,426157,975---57,94549,156-89,42926,07073,20777,727-----
1.2m3.6m26.3m3.4m1.8m836,355---423,5331.2m4.4m291,578236,384208,855-----
3.0m209,26019.0m3.0m10,75057,6881.2m-3.3m1.5m882,180738,791225,30664,6221,52335,400-869,010-4.8m
104,434214,492-4.3m2.0m-1.2m340,737-1.4m-75,6904.6m-43,742-327,325322,670-31,675-9,398150,497-17,23531,741-127,737130,922-
19.3m21.6m18.7m13.5m12.3m11.7m10.1m7.1m4.2m59,8791.1m794,512-4.5m1.3m1.1m1.2m913,750-227,942397,285110,016
91.9%89.8%87.4%80.3%79.2%75.3%73.2%86.7%80.5%66.9%66.2%55.8%13.8%91.9%91.2%87.1%86.0%89.2%87.3%83.1%
9.518.196.1711.058.5911.919.255.902.571.021.381.190.21-26.2122.578.130.661.511.11
0.090.110.140.250.260.330.370.150.240.490.510.796.180.080.090.140.160.120.150.20
2.3%6.8%53.7%15.1%9.4%4.8%2.4%4.8%46.8%5.2%15.4%66.1%28.9%3.6%3.3%4.4%5.2%4.4%5.6%2.0%
2.1%6.1%46.9%12.1%7.5%3.6%1.8%4.1%37.7%3.5%10.2%36.9%4.0%3.3%3.0%3.8%4.5%3.9%4.9%1.7%
-0.101.06-14.53-0.720.62---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€9,010€9,900--
Intangible fixed assets--€164,103--
Financial fixed assets€3.0m€200,250€18.8m€3.0m€10,750
€741€996€1,012€1,429€1,429

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on XEOS

The operating result for 2025 is a loss of €25,392, after a profit of €160,006 in 2024.

Debt's share of the balance-sheet total falls from 10.2% to 8.1%. Equity is higher and debt is lower.

Large changes and their cause
  • 2025 Net result -66% on 2024. Merger absorbing ATLAND, Official Gazette 18-01-2024, in the previous financial year. That operation now counts for a full year for the first time.
  • 2024 Net result -86% on 2023. Merger absorbing ATLAND, Official Gazette 18-01-2024.

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