XIMAKO
ActiveSummary
The computed 12-month bankruptcy probability of XIMAKO is 1.8% (moderate). The 2024 annual accounts show equity of €159,666 and a net result of €146,331. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency80▲+39
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.19 in 2023; short-term debt: 45% of total assets), and 45% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
49 d early
2024
49 d early
2023
44 d early
2022
52 d early
2021
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 41 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 12 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€159,666▲ 1,097%
2023 · €13,335
Total assets
€290,463▲ 246%
2023 · €84,060
Net result
€146,331▲ 506%
2023 · €24,161
Working capital
€159,666▲ 1,097%
2023 · €13,335
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line2021202220232024
Operating result-€15,394--€9,524▲ 38.1%€27,319€204,089▲ 647%
Net result-€15,656below the sector's middle half--€10,170below the sector's middle half▲ 35.0%€24,161within the sector's middle half€146,331above the sector's middle half▲ 506%
Equity-€656below the sector's middle half--€10,826below the sector's middle half▼ 1,552%€13,335below the sector's middle half€159,666within the sector's middle half▲ 1,097%
Total assets€36,105below the sector's middle half-€30,267below the sector's middle half▼ 16.2%€84,060below the sector's middle half▲ 178%€290,463below the sector's middle half▲ 246%
Debt€36,761-€41,093▲ 11.8%€70,725▲ 72.1%€130,796▲ 84.9%
Working capital-€656below the sector's middle half--€10,826below the sector's middle half▼ 1,552%€13,335below the sector's middle half€159,666within the sector's middle half▲ 1,097%
Solvency-1.8%below the sector's middle half--35.8%below the sector's middle half▼ 34.0pp15.9%below the sector's middle half▲ 51.6pp55.0%within the sector's middle half▲ 39.1pp
Current ratio0.98below the sector's middle half-0.74below the sector's middle half▼ 0.251.19within the sector's middle half▲ 0.452.22within the sector's middle half▲ 1.03
Return on assets (ROA)-43.4%below the sector's middle half--33.6%below the sector's middle half▲ 9.8pp28.7%above the sector's middle half▲ 62.3pp50.4%above the sector's middle half▲ 21.6pp
Staff (FTE)1below the sector's middle half-0.8below the sector's middle half▼ 20.0%1.7within the sector's middle half▲ 113%3.5within the sector's middle half▲ 106%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 647% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €290,463
Equity
€159,666 ▲ 1,097%
Debt
€130,796 ▲ 84.9%
Debt's share of the balance-sheet total falls from 84.1% to 45.0%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.82▼
2023 · 5.30
ROE
91.6%▼
2023 · 181.2%
Debt ≤ 1 year
€130,796▲
2023 · €70,725
Income taxes
€58,716▲
2023 · €1,576
Staff costs
€310,918▲
2023 · €170,971
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €8,964 | €88,773 | €170,971 | €310,918 | ▲ 81.9% |
| Other operating charges640/8 | - | - | €132 | €141 | ▲ 6.7% |
| Gross operating margin9900 | -€6,430 | €79,249 | €198,422 | €515,148 | ▲ 160% |
| Operating profit (loss)9901 | -€15,394 | -€9,524 | €27,319 | €204,089 | ▲ 647% |
| Financial income75/76B | €40 | €0 | - | €1,607 | - |
| Recurring financial income75 | €40 | €0 | - | €1,607 | - |
| Financial charges65/66B | €282 | €434 | €1,582 | €650 | ▼ 58.9% |
| Recurring financial charges65 | €282 | €434 | €1,582 | €650 | ▼ 58.9% |
| Profit (loss) for the period before taxes9903 | -€15,636 | -€9,958 | €25,737 | €205,047 | ▲ 697% |
| Income taxes67/77 | €20 | €213 | €1,576 | €58,716 | ▲ 3,627% |
| Profit (loss) for the period9904 | -€15,656 | -€10,170 | €24,161 | €146,331 | ▲ 506% |
| Profit (loss) for the period to be appropriated9905 | -€15,656 | -€10,170 | €24,161 | €146,331 | ▲ 506% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €36,105 | €30,267 | €84,060 | €290,463 | ▲ 246% |
| Current assets29/58 | €36,105 | €30,267 | €84,060 | €290,463 | ▲ 246% |
| Amounts receivable within one year40/41 | €36,105 | €30,267 | €84,060 | €290,463 | ▲ 246% |
| Trade receivables40 | €36,100 | €30,250 | €84,000 | €162,200 | ▲ 93.1% |
| Other amounts receivable41 | €5 | €17 | €60 | €128,263 | ▲ 212,713% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €36,105 | €30,267 | €84,060 | €290,463 | ▲ 246% |
| Equity10/15 | -€656 | -€10,826 | €13,335 | €159,666 | ▲ 1,097% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | - | - | - | €1,500 | - |
| Non-distributable reserves130/1 | - | - | - | €1,500 | - |
| Reserves not available under the articles1311 | - | - | - | €1,500 | - |
| Profit (loss) carried forward14 | -€15,656 | -€25,826 | -€1,665 | €143,166 | ▲ 8,700% |
| Amounts payable17/49 | €36,761 | €41,093 | €70,725 | €130,796 | ▲ 84.9% |
| Amounts payable within one year42/48 | €36,761 | €41,093 | €70,725 | €130,796 | ▲ 84.9% |
| Trade debts44 | €7,777 | €10,792 | €12,215 | €20,832 | ▲ 70.5% |
| Suppliers440/4 | €7,777 | €10,792 | €12,215 | €20,832 | ▲ 70.5% |
| Taxes, remuneration and social security45 | €8,296 | €16,419 | €28,000 | €109,965 | ▲ 293% |
| Taxes450/3 | €1,786 | €77 | €1,123 | €56,380 | ▲ 4,919% |
| Remuneration and social security454/9 | €6,510 | €16,341 | €26,877 | €53,584 | ▲ 99.4% |
| Other amounts payable47/48 | €20,688 | €13,882 | €30,510 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,656 | -€10,170 | €24,161 | €146,331 | ▲ 506% |
| Operating cash flow (approximation) | -€15,656 | -€10,170 | €24,161 | €146,331 | ▲ 506% |
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
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €146,331 ▲506%
Operating result €204,089, net result €146,331, both a record.
31-12
Financial
Equity above €150,000Eq €159,666 ▲1,097%
2 profitable years in a row build equity to €159,666.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €24,161
Net result €24,161 after 2 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aalter · 1 establishment unit since 2021
Ground area
1.4 ha
Building footprint
9,001 m²
Volume, LiDAR
66,060 m³
Parcel 44503H0052/00C000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
116
companies at this address
See who is registered here
1 establishment unit
XIMAKO
since 20212.321.946.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0052/00C000 | Flanders | 1.4 ha | 1 · 9,001 m² | 11.4 m · 3 fl. |
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.
Similar companies · same sector, comparable size
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BOUCHERIE DU MONUMENT
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KAMDI
BE 0666.575.090
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LAPRAILLE-NOTHOMB
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Habay · Eq €159,058
Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 1,325 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
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
70200Business and other management consultancy
47222Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761655678
Also
9925:BE0761655678
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.