Skip to content

XIJI

Active
Private limited companyfounded 2022active for 3 yearsDr. Verdurmenstraat 10, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0794.466.721
Summary

The computed 12-month bankruptcy probability of XIJI is 2.1% (moderate). The 2025 annual accounts show negative equity (-€16,373) and a net result of -€2,757. Equity is shrinking by about 111% per year across the filed financial years. Its solvency ranks better than 15% of 13,626 sector peers (NACE 46, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390792.

Equity
-€16,373▼ 20.2%
2024 · -€13,616
Total assets
€89,456▼ 49.4%
2024 · €176,931
Net result
-€2,757▲ 91.8%
2024 · -€33,717
Working capital
-€16,373▼ 20.2%
2024 · -€13,616
Trend over the years

2023 to 2025, 3 financial years

The operating result stays negative: a loss of €2,689 in 2025 against €33,924 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,689 2025 Net result-€2,757 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€29,005--€33,924▼ 17.0%-€2,689▲ 92.1%
Net result-€29,898below the sector's middle half--€33,717below the sector's middle half▼ 12.8%-€2,757within the sector's middle half▲ 91.8%
Equity€20,102within the sector's middle half--€13,616below the sector's middle half-€16,373below the sector's middle half▼ 20.2%
Total assets€218,575within the sector's middle half-€176,931within the sector's middle half▼ 19.1%€89,456within the sector's middle half▼ 49.4%
Debt€198,473-€190,547▼ 4.0%€105,828▼ 44.5%
Working capital€20,102within the sector's middle half--€13,616below the sector's middle half-€16,373below the sector's middle half▼ 20.2%
Solvency9.2%within the sector's middle half--7.7%below the sector's middle half▼ 16.9pp-18.3%below the sector's middle half▼ 10.6pp
Current ratio1.10within the sector's middle half-0.93within the sector's middle half▼ 0.170.85below the sector's middle half▼ 0.08
Return on assets (ROA)-13.7%below the sector's middle half--19.1%below the sector's middle half▼ 5.4pp-3.1%within the sector's middle half▲ 16.0pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€105,828▼
2024 · €190,547
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,931€89,456▼
Current assets29/58€176,931€89,456▼
Amounts receivable within one year40/41€145,299€86,854▼
Trade receivables40€145,044€86,200▼
Other amounts receivable41€255€654▲
Cash at bank and in hand54/58€31,632€2,601▼
Equity and liabilities
Total equity and liabilities10/49€176,931€89,456▼
Equity10/15-€13,616-€16,373▼
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€63,616-€66,373▼
Amounts payable17/49€190,547€105,828▼
Amounts payable within one year42/48€190,547€105,828▼
Trade debts44€135,726€51,007▼
Suppliers440/4€135,726€51,007▼
Other amounts payable47/48€54,821€54,821=
Income statement Code20242025
Other operating charges640/8-€141
Gross operating margin9900-€33,924-€2,548▲
Operating profit (loss)9901-€33,924-€2,689▲
Financial charges65/66B-€207€68▲
Recurring financial charges65-€207€68▲
Profit (loss) for the period before taxes9903-€33,717-€2,757▲
Profit (loss) for the period9904-€33,717-€2,757▲
Profit (loss) for the period to be appropriated9905-€33,717-€2,757▲
Appropriation of the result
Profit (loss) to be appropriated9906-€63,616-€66,373▼
Profit (loss) brought forward from the previous period14P-€29,898-€63,616▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€65-€141-
Gross operating margin9900-€28,940-€33,924-€2,548▲ 92.5%
Operating profit (loss)9901-€29,005-€33,924-€2,689▲ 92.1%
Financial income75/76B€406---
Recurring financial income75€406---
Financial charges65/66B€1,299-€207€68-
Recurring financial charges65€1,299-€207€68-
Profit (loss) for the period before taxes9903-€29,898-€33,717-€2,757▲ 91.8%
Profit (loss) for the period9904-€29,898-€33,717-€2,757▲ 91.8%
Profit (loss) for the period to be appropriated9905-€29,898-€33,717-€2,757▲ 91.8%
Line202320242025Change
Assets
Total assets20/58€218,575€176,931€89,456▼ 49.4%
Current assets29/58€218,575€176,931€89,456▼ 49.4%
Stocks and contracts in progress3€78,793---
Stocks30/36€78,793---
Amounts receivable within one year40/41€114,338€145,299€86,854▼ 40.2%
Trade receivables40€113,992€145,044€86,200▼ 40.6%
Other amounts receivable41€347€255€654▲ 156%
Cash at bank and in hand54/58€25,444€31,632€2,601▼ 91.8%
Equity and liabilities
Total equity and liabilities10/49€218,575€176,931€89,456▼ 49.4%
Equity10/15€20,102-€13,616-€16,373▼ 20.2%
Contributions10/11€50,000€50,000€50,000=
Profit (loss) carried forward14-€29,898-€63,616-€66,373▼ 4.3%
Amounts payable17/49€198,473€190,547€105,828▼ 44.5%
Amounts payable within one year42/48€198,473€190,547€105,828▼ 44.5%
Trade debts44€188,652€135,726€51,007▼ 62.4%
Suppliers440/4€188,652€135,726€51,007▼ 62.4%
Other amounts payable47/48€9,821€54,821€54,821=
Line202320242025Change
Profit (loss) for the period9904-€29,898-€33,717-€2,757▲ 91.8%
Operating cash flow (approximation)-€29,898-€33,717-€2,757▲ 91.8%
Change in cash-€6,188-€29,030-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 06-08-2026 2026-00390792
31-12-2024 micro format 27-08-2025 2025-00425051
31-12-2023 micro format 29-08-2024 2024-00453775

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,220 active companies whose main activity is wholesale of electrical equipment, including installation materials (NACE 46643), figures are known for 943. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.