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XIMCO

Active
Private limited companyfounded 20205 yrs activeDurmstraat 18, 9030 Gent, BelgiumKBO/BCE: BE 0757.843.083
Summary

The computed 12-month bankruptcy probability of XIMCO is 2.1% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-1k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 18280 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-7
Solvency49▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.93 in 2024; short-term debt: 74.5% and cash: 47.8% of total assets), and 76.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.7%
Return on assets
-2.2%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
25 d early
2024
14 d early
2023
34 d early
2022
7 d early
2021
35 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€15k▼ 8.4%
2024 · €16k
2021: €5k 2022: €7k 2023: €16k 2024: €16k
2021 → 2025
Total assets
€62k▼ 1.2%
2024 · €63k
2021: €24k 2022: €33k 2023: €75k 2024: €63k
2021 → 2025
Net result
€-1k▼ 315%
2024 · €-328
2021: €3k 2022: €3k 2023: €9k 2024: €-328
2021 → 2025
Working capital
€1k
2024 · €-3k
2021: €5k 2022: €6k 2023: €-11k 2024: €-3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€5k-€7k▲ 55.6%€16k▲ 123%€16k▼ 2.0%€15k▼ 8.4%
Operating result€3k-€3k▼ 5.9%€12k▲ 259%€1k▼ 91.1%€-8
Net result€3k-€3k▼ 3.8%€9k▲ 246%€-328€-1k▼ 315%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €3k€3kNet result 2021: €3k€3kOperating result 2022: €3k€3kNet result 2022: €3k€3kOperating result 2023: €12k€12kNet result 2023: €9k€9kOperating result 2024: €1k€1kNet result 2024: €-328€-328Operating result 2025: €-8€-8Net result 2025: €-1k€-1k20212022202320242025€-5k€0€5k€10kOperating result 2023: €12k€12kNet result 2023: €9k€9.1kOperating result 2024: €1k€1kNet result 2024: €-328€-328Operating result 2025: €-8€-8Net result 2025: €-1k€-1.4k202320242025
The operating result turns negative in 2025: a loss of €8 after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets €15k ▼ 30.3%
Current assets €48k ▲ 13.1%
Equity and liabilities €62k
Equity €15k ▼ 8.4%
Debt €48k ▲ 1.3%
Debt's share of the balance-sheet total rises from 74.4% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6k
2024 · €7k
Cash flow
€5k
2024 · €6k
Current ratio
1.03
2024 · 0.93
Quick ratio
0.75
2024 · 0.66
Debt to equity
3.22
2024 · 2.91
ROE
-9.2%
2024 · -2.0%
ROA
-2.2%
2024 · -0.5%
Interest coverage
4.86
2024 · 5.42
Debt ≤ 1 year
€46k
2024 · €46k
Income taxes
€56
2024 · €54
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€63k€62k
Fixed assets21/28€21k€15k
Intangible fixed assets21€4€0
Tangible fixed assets22/27€21k€15k
Plant, machinery and equipment23€419€223
Furniture and vehicles24€20k€14k
Current assets29/58€42k€48k
Stocks and contracts in progress3€12k€13k
Stocks30/36€12k€13k
Amounts receivable within one year40/41€2k€4k
Trade receivables40€897€3k
Other amounts receivable41€1k€2k
Cash at bank and in hand54/58€27k€30k
Deferred charges and accrued income490/1€763€773
Equity and liabilities
Total equity and liabilities10/49€63k€62k
Equity10/15€16k€15k
Contributions10/11€2k€2k=
Reserves13€14k€13k
Distributable reserves133€14k€13k
Amounts payable17/49€47k€48k
Amounts payable within one year42/48€46k€46k
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€957€3k
Taxes450/3€957€3k
Other amounts payable47/48€45k€43k
Accrued charges and deferred income492/3€1k€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k
Other operating charges640/8€528€544
Gross operating margin9900€8k€7k
Operating profit (loss)9901€1k€-8
Financial income75/76B€80€0
Recurring financial income75€80€0
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-273€-1k
Income taxes67/77€54€56
Profit (loss) for the period9904€-328€-1k
Profit (loss) for the period to be appropriated9905€-328€-1k
Appropriation of the result
Profit (loss) to be appropriated9906€-328€-1k
Transfer from equity791/2€328€1k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2021net €9k ▲246%
Operating result €12k, net result €9k, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Gent · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Durmstraat 189030 Gent
Ground area
765 m²
Building footprint
126 m²
Volume, LiDAR
625 m³
Parcel 44038A0267/00V002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XIMCO
Durmstraat 18, 9030 GentElectrical installation work in industrial facilities
since 20202.309.645.719
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44038A0267/00V002 Flanders 765 m² 1 · 126 m² 8.3 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.

Similar companies · same sector, comparable size

Of 12,958 companies in sector 47120 we hold annual accounts for 2,190. 1,331 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
82100Office administrative and support services
93192Activities of independent sportspeople
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:info@ximco.be
Enterprise
E-mail:claude.coppens@ximco.be
Establishment Gent 2.309.645.719
Phone:0478/48.98.24
Establishment Gent 2.309.645.719