XIIII
ActiveThe computed 12-month bankruptcy probability of XIIII is 1.6% (moderate). The 2025 annual accounts show equity of €33k and a net result of €3k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 13061 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy▲ +41 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+52
Solvency43▲+17
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.61 in 2024), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
30.4%
Return on assets
3.2%
Age of the figures
8 mo
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
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 03-04-2026, 119 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
119 d early
2024
51 d early
2023
47 d early
2022
32 d early
2021
34 d early
2020
29 d early
2019
116 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 11.6%
2024 · €29k
2018: €-15k
2019: €-15k
2020: €21k
2021: €42k
2022: €33k
2023: €38k
2024: €29k
2018 → 2025
Total assets
€108k▼ 12.3%
2024 · €123k
2018: €176k
2019: €124k
2020: €109k
2021: €131k
2022: €113k
2023: €155k
2024: €123k
2018 → 2025
Net result
€3k
2024 · €-9k
2018: €-24k
2019: €14k
2020: €20k
2021: €21k
2022: €-8k
2023: €5k
2024: €-9k
2018 → 2025
Working capital
€-16k▲ 52.5%
2024 · €-33k
2018: €-86k
2019: €-72k
2020: €-53k
2021: €-11k
2022: €-17k
2023: €-30k
2024: €-33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€33k▼ 19.8%€38k▲ 14.8%€29k▼ 23.7%€33k▲ 11.6%
Operating result€35k-€-4k€12k€-2k€11k
Net result€21k-€-8k€5k€-9k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€49k▼ 29.6%
Current assets
€58k▲ 11.2%
Equity and liabilities €108k
Equity
€33k▲ 11.6%
Debt
€75k▼ 19.9%
The debt ratio falls from 76.1% to 69.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€41k▲
2024 · €29k
Cash flow
€34k▲
2024 · €22k
Solvency
30.4%▲
2024 · 23.9%
Current ratio
0.79▲
2024 · 0.61
Quick ratio
0.52▲
2024 · 0.40
Debt / equity
2.29▼
2024 · 3.19
ROE
10.4%▲
2024 · -31.1%
ROA
3.2%▲
2024 · -7.4%
Interest coverage
7.59▲
2024 · 4.07
Debt
€75k▼
2024 · €93k
Debt ≤ 1 year
€74k▼
2024 · €85k
Debt > 1 year
€963▼
2024 · €8k
Income taxes
€2k▲
2024 · €202
Staff costs
€199k▼
2024 · €220k
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€123k€108k▼
Formation expenses20€597€249▼
Fixed assets21/28€70k€49k▼
Tangible fixed assets22/27€69k€48k▼
Plant, machinery and equipment23€34k€23k▼
Furniture and vehicles24€17k€12k▼
Other tangible fixed assets26€18k€13k▼
Financial fixed assets28€788€788=
Current assets29/58€52k€58k▲
Stocks and contracts in progress3€18k€20k▲
Stocks30/36€18k€20k▲
Amounts receivable within one year40/41€25k€15k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€17k€6k▼
Cash at bank and in hand54/58€8k€19k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€123k€108k▼
Equity10/15€29k€33k▲
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€-10k€-7k▲
Amounts payable17/49€93k€75k▼
Amounts payable after more than one year17€8k€963▼
Financial debts170/4€8k€963▼
Amounts payable within one year42/48€85k€74k▼
Current portion of amounts payable after more than one year42€25k€16k▼
Trade debts44€31k€20k▼
Suppliers440/4€31k€20k▼
Advances received on contracts in progress46€1k€3k▲
Taxes, remuneration and social security45€28k€35k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€18k€21k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€2k▼
Remuneration, social security and pensions62€220k€199k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€251k€242k▼
Operating profit (loss)9901€-2k€11k▲
Financial income75/76B€242€57▼
Recurring financial income75€242€57▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-9k€5k▲
Income taxes67/77€202€2k▲
Profit (loss) for the period9904€-9k€3k▲
Profit (loss) for the period to be appropriated9905€-9k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-7k▲
Profit (loss) brought forward from the previous period14P€-1k€-10k▼
The notes to these accounts (12 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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21k ▲2.3%
Operating result €35k, net result €21k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Maasmechelen · 1 establishment unit since 2015
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.
Dokter Haubenlaan(M) 693630 MaasmechelenGround area
996 m²
Building footprint
227 m²
Volume, LiDAR
1,551 m³
Parcel 73048B0724/00C000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Barbacoa Maasmechelen
since 20152.240.540.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0724/00C000 | Flanders | 996 m² | 1 · 227 m² | 11.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,059 EUR awarded · 1,059 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 719 EUR | 719 EUR |
| 2022 | 1 | 340 EUR | 340 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMaasmechelen2.240.540.147
Dual-learning approval
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,311. 9,437 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.