Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of XHO SRL is 5.9% (elevated). The 2024 annual accounts show equity of €3k and a net result of €-3k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 5615 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone5.9%
Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Young company
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 28-08-2025 | 28 d late | 2025-00427367 |
| 31-12-2023 | 31-07-2024 | 31-08-2024 | 31 d late | 2024-00427391 |
| 31-12-2022 | 31-07-2023 | 01-09-2023 | 32 d late | 2023-00423245 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-3k
Working capital€584-78.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~16.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.7% | 19.3% | |
| Net result | €-3k | €4k | |
| Equity | €3k | €14k | |
| Gross operating margin | €16k | €52k | |
| Staff costs | €17k | €49k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P46
Stable position over 2022-2024
· n=3544-5615
P31
Weakening position over 2022-2024
· n=3526-5603
P37
Stable position over 2022-2024
· n=3550-5626
P28
Stable position over 2022-2024
· n=3512-5589
Describes the position versus peers, not a forecast.
€-996
-
22-24
€-3k
-
22-24
€-2k
-
22-24
€23k
+42.9%
22-24
€3k
-47.3%
22-24
€584
-78.7%
22-24
€17k
-12.7%
22-24
€1k
+171.3%
22-24
€20k
+102.6%
22-24
€20k
+102.6%
22-24
1.03
-19.5%
22-24
0.77
-0.6%
22-24
14.7%
-63.1%
22-24
5.81
+284.3%
22-24
-89.7%
-
22-24
-13.2%
-
22-24
-0.82
-
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-996 |
| Net profit | €-3k |
| Cash flow | €-2k |
| Staff costs | €17k |
| Income taxes | - |
| Dividends | - |
| Total assets | €23k |
| Equity | €3k |
| Debt | €20k |
| of which ≤ 1y | €20k |
| of which > 1y | - |
| Working capital | €584 |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 0.77 |
| Working capital ratio | 2.5% |
| Solvency | 14.7% |
| Debt / equity | 5.81 |
| Long-term debt ratio | - |
| Interest coverage | -0.82 |
| Gross margin | - |
| Net margin | - |
| ROA | -13.2% |
| ROE | -89.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €23k |
| Fixed assets | 21/28 | €3k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €21k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €23k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €20k |
| Amounts payable within one year | 42/48 | €20k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €16k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €44 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-3k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed22
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
3 directorsCurrent directors & mandates
-
Current01-12-2025 → present
Former directors (2)
-
Former- → 30-11-2025
-
Former- → 30-11-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2021 |
| Status | Active |
| Postal code | 1932 |
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Leuvensesteenweg 2461932 ZaventemEstablishment units
1 locationNIL
since 20222.325.567.179
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area716 m²
Buildings2
Building footprint252 m²
Volume (LiDAR)2,362 m³
Tallest building16.1 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 62817B0731/00D003 | Wallonia | 255 m² | 1 · 60 m² | 16.1 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Address history · 3
07-08-2024
v3.2
04-03-2022
v3.2
04-03-2022
v3.2
All acts · 5
updated 7 months ago
2025
16-12-2025 1 director appointed, 2 resigning
- Hicham Mouzouri, Bestuurder
- Aurel Fusheza, Bestuurder
- Alketa Fusheza, Bestuurder
Summary:
v3.2
2024
07-08-2024 Registered office moved from ZAventem to sint-stevens-woluwe
- Imperiastraat 8, 1930 ZAventem → leuvensesteenweg 246, 1932 sint-stevens-woluwe
Summary:
v3.2
2022
04-03-2022 Registered office moved from Liège to Zaventem
04-03-2022 Registered office moved from Luik to Zaventem
2021
27-12-2021 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes38
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
22
Profitability
0
Solvency
21
Growth
52
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0787.815.687 · Halle
BE 0798.907.638 · Puurs-Sint-Amands
BE 0475.664.442 · Dour
BE 0767.554.070 · Charleroi
BE 0786.883.202 · Knokke-Heist
We hold annual accounts for 2,912 of the 20,288 companies in this sector. 1,410 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameNL | XHO SRL |
Registered office
Leuvensesteenweg 246 bus 1
1932 Zaventem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.