Summary
XILS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7.8m and a net result of €1.9m. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 2790 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
34 d early
2022
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#7 company by equity in Niel#10 company by total assets in Niel
Equity
€7.8m▲ 15.4%
2023 · €6.7m
Net result
€1.9m▲ 3,251%
2023 · €57,739
Total assets
€11.8m▲ 64.2%
2023 · €7.2m
Solvency
65.9%▼ 27.9pp
2023 · 93.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Turnover€5.1m
Operating result€115,815-€91,694▼ 20.8%€1.4m▲ 1,439%
Net result€830,545above the sector's middle half-€57,739within the sector's middle half▼ 93.0%€1.9mabove the sector's middle half▲ 3,251%
Equity€7.1mabove the sector's middle half-€6.7mabove the sector's middle half▼ 5.5%€7.8mwithin the sector's middle half▲ 15.4%
Total assets€7.4mabove the sector's middle half-€7.2mabove the sector's middle half▼ 3.2%€11.8mwithin the sector's middle half▲ 64.2%
Debt€287,734-€445,176▲ 54.7%€4.0m▲ 804%
Working capital€1.5m-€964,285▼ 35.1%€1.9m▲ 101%
Solvency96.1%above the sector's middle half-93.8%above the sector's middle half▼ 2.3pp65.9%within the sector's middle half▼ 27.9pp
Staff (FTE)1.1within the sector's middle half-2.9above the sector's middle half▲ 164%2.4within the sector's middle half▼ 17.2%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +3,251% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,439% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.8m
Fixed assets
€5.8m ▲ 1.1%
Current assets
€6.0m ▲ 323%
Equity and liabilities €11.8m
Equity
€7.8m ▲ 15.4%
Debt
€4.0m ▲ 804%
Debt's share of the balance-sheet total rises from 6.2% to 34.1%. Equity and debt are higher.
Key figures and ratios
ROE
24.9%▲
2023 · 0.9%
ROA
16.4%▲
2023 · 0.8%
Debt ≤ 1 year
€4.0m▲
2023 · €445,176
Income taxes
€359,546▲
2023 · €26,352
Staff costs
€223,314▼
2023 · €268,919
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Operating income70/76A | - | - | €5.7m | - |
| Turnover70 | - | - | €5.1m | - |
| Own construction capitalised72 | - | - | €103,325 | - |
| Other operating income74 | - | - | €190,266 | - |
| Non-recurring operating income76A | - | - | €307,592 | - |
| Operating charges60/66A | - | - | €4.2m | - |
| Goods for resale, raw materials and consumables60 | - | - | €657,199 | - |
| Purchases600/8 | - | - | €657,199 | - |
| Services and other goods61 | - | - | €3.1m | - |
| Remuneration, social security and pensions62 | €99,808 | €268,919 | €223,314 | ▼ 17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €467 | €41,080 | €59,348 | ▲ 44.5% |
| Other operating charges640/8 | €797 | €493 | €156,086 | ▲ 31,532% |
| Non-recurring operating charges66A | - | - | €73,315 | - |
| Gross operating margin9900 | €216,886 | €402,186 | - | - |
| Operating profit (loss)9901 | €115,815 | €91,694 | €1.4m | ▲ 1,439% |
| Financial income75/76B | €750,000 | €584 | €892,088 | ▲ 152,686% |
| Recurring financial income75 | €750,000 | €584 | €892,088 | ▲ 152,686% |
| Income from financial fixed assets750 | - | - | €892,088 | - |
| Other financial income752/9 | - | - | €0 | - |
| Financial charges65/66B | €1,296 | €8,187 | €8,587 | ▲ 4.9% |
| Recurring financial charges65 | €1,296 | €8,187 | €8,587 | ▲ 4.9% |
| Debt charges650 | - | - | €6,625 | - |
| Other financial charges652/9 | - | - | €1,962 | - |
| Profit (loss) for the period before taxes9903 | €864,519 | €84,091 | €2.3m | ▲ 2,628% |
| Income taxes67/77 | €33,974 | €26,352 | €359,546 | ▲ 1,264% |
| Taxes670/3 | - | - | €359,546 | - |
| Profit (loss) for the period9904 | €830,545 | €57,739 | €1.9m | ▲ 3,251% |
| Profit (loss) for the period to be appropriated9905 | €830,545 | €57,739 | €1.9m | ▲ 3,251% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €7.4m | €7.2m | €11.8m | ▲ 64.2% |
| Fixed assets21/28 | €5.6m | €5.8m | €5.8m | ▲ 1.1% |
| Intangible fixed assets21 | - | €106,769 | €168,368 | ▲ 57.7% |
| Tangible fixed assets22/27 | €77,990 | €100,600 | €101,047 | ▲ 0.4% |
| Land and buildings22 | - | €88,637 | €82,304 | ▼ 7.1% |
| Furniture and vehicles24 | €6,773 | €11,963 | €18,744 | ▲ 56.7% |
| Other tangible fixed assets26 | €71,217 | €0 | - | - |
| Financial fixed assets28 | €5.6m | €5.6m | €5.6m | = |
| Affiliated companies280/1 | - | - | €5.6m | - |
| Participating interests280 | - | - | €5.6m | - |
| Current assets29/58 | €1.8m | €1.4m | €6.0m | ▲ 323% |
| Stocks and contracts in progress3 | - | - | €0 | - |
| Amounts receivable within one year40/41 | €1.6m | €691,638 | €4.6m | ▲ 566% |
| Trade receivables40 | €1.3m | €691,519 | €4.3m | ▲ 518% |
| Other amounts receivable41 | €360,250 | €120 | €336,050 | ▲ 280,620% |
| Cash at bank and in hand54/58 | €122,035 | €637,816 | €1.2m | ▲ 94.1% |
| Deferred charges and accrued income490/1 | €36,443 | €80,007 | €116,503 | ▲ 45.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €7.4m | €7.2m | €11.8m | ▲ 64.2% |
| Equity10/15 | €7.1m | €6.7m | €7.8m | ▲ 15.4% |
| Contributions10/11 | €6.3m | €6.3m | €6.3m | = |
| Profit (loss) carried forward14 | €830,545 | €438,284 | €1.5m | ▲ 236% |
| Amounts payable17/49 | €287,734 | €445,176 | €4.0m | ▲ 804% |
| Amounts payable within one year42/48 | €287,734 | €445,176 | €4.0m | ▲ 804% |
| Trade debts44 | €144,039 | €295,964 | €663,552 | ▲ 124% |
| Suppliers440/4 | €144,039 | €295,964 | €663,552 | ▲ 124% |
| Taxes, remuneration and social security45 | €103,695 | €149,174 | €254,566 | ▲ 70.6% |
| Taxes450/3 | €80,445 | €85,684 | €201,923 | ▲ 136% |
| Remuneration and social security454/9 | €23,250 | €63,491 | €52,643 | ▼ 17.1% |
| Other amounts payable47/48 | €40,000 | €38 | €3.1m | ▲ 8,176,259% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €830,545 | €57,739 | €1.9m | ▲ 3,251% |
| + Depreciation and write-downs630 | €467 | €41,080 | €59,348 | ▲ 44.5% |
| Operating cash flow (approximation) | €831,012 | €98,819 | €2.0m | ▲ 1,918% |
| Investment in fixed assets (approximation) | - | -€170,459 | -€121,395 | ▲ 28.8% |
| Change in cash | - | €515,781 | €599,907 | ▲ 16.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2022net €1.9m ▲3,251%
Operating result €1.4m, net result €1.9m, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €57,739 ▼93%
Net result drops to €57,739, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Niel · 1 establishment unit since 2021
Ground area
5.3 ha
Building footprint
2,404 m²
Parcel 11030C0277/00X000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Galileilaan 11, 2845 Niel
since 20212.320.737.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030C0277/00X000 | Flanders | 5.3 ha | 1 · 2,404 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 4 holdingsOwners 1
- Sourceaccounts SLIX 202530%
Holdings 4
- Equity €1.7mResult €803,183100%
-
100%
-
100%
-
100%
According to the 2024 annual accounts of XILS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 4,634 EUR awarded · 4,893 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,204 EUR | 2,204 EUR |
| 2024 | 2 | 1,779 EUR | 1,779 EUR |
| 2023 | 1 | 570 EUR | 829 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 6,787 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0771917783
Also
9925:BE0771917783
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.