XINIR
ActiveSummary
XINIR has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €519k and a net result of €43k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+17
Solvency73▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.61 in 2024; short-term debt: 13.1% and cash: 7.8% of total assets), and 51.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
48.2%
Return on assets
4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
77 d early
2023
33 d early
2022
30 d early
2021
30 d early
2019
17 d early
2018
19 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▲ 51.9%
2024 · €28k
Working capital
€-16k▲ 68.5%
2024 · €-49k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€157k-€57k▼ 63.7%€129k▲ 125%€29k▼ 77.4%€77k▲ 167%
Net result€86k-€17k▼ 80.3%€172k▲ 921%€28k▼ 83.6%€43k▲ 51.9%
Equity€254k-€271k▲ 6.7%€443k▲ 63.7%€471k▲ 6.4%€519k▲ 10.0%
Total assets€890k-€1.08M▲ 20.8%€1.14M▲ 5.8%€1.05M▼ 7.6%€1.08M▲ 2.4%
Debt€636k-€804k▲ 26.5%€694k▼ 13.7%€579k▼ 16.5%€557k▼ 3.8%
Working capital€-94k-€-201k▼ 113%€-60k▲ 69.9%€-49k▲ 18.0%€-16k▲ 68.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 167% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€951k ▼ 2.1%
Current assets
€125k ▲ 58.3%
Equity and liabilities €1.08M
Equity
€519k ▲ 10.0%
Debt
€557k ▼ 3.8%
Debt's share of the balance-sheet total falls from 55.1% to 51.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138k▲
2024 · €88k
Cash flow
€104k▲
2024 · €87k
Current ratio
0.89▲
2024 · 0.61
Quick ratio
0.89▲
2024 · 0.61
Debt to equity
1.07▼
2024 · 1.23
ROE
8.3%▲
2024 · 6.0%
ROA
4.0%▲
2024 · 2.7%
Interest coverage
7.30▲
2024 · 4.17
Debt ≤ 1 year
€141k▲
2024 · €128k
Debt > 1 year
€415k▼
2024 · €448k
Income taxes
€17k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67k | €53k | €61k | €59k | €61k | ▲ 2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4k | €-22k | - | - | - |
| Other operating charges640/8 | - | €2k | €26k | €4k | €5k | ▲ 11.4% |
| Gross operating margin9900 | €252k | €117k | €192k | €92k | €143k | ▲ 54.6% |
| Operating profit (loss)9901 | €157k | €57k | €129k | €29k | €77k | ▲ 167% |
| Financial income75/76B | - | - | €98k | €42k | €2k | ▼ 96.3% |
| Recurring financial income75 | €1 | - | €12 | €1k | €614 | ▼ 46.3% |
| Non-recurring financial income76B | - | - | €98k | €41k | €940 | ▼ 97.7% |
| Financial charges65/66B | - | €28k | €26k | €38k | €19k | ▼ 49.8% |
| Recurring financial charges65 | €50k | €28k | €26k | €21k | €19k | ▼ 10.6% |
| Non-recurring financial charges66B | - | - | - | €17k | - | - |
| Profit (loss) for the period before taxes9903 | €107k | €29k | €200k | €34k | €60k | ▲ 78.7% |
| Income taxes67/77 | €22k | €13k | €28k | €5k | €17k | ▲ 219% |
| Profit (loss) for the period9904 | €86k | €17k | €172k | €28k | €43k | ▲ 51.9% |
| Profit (loss) for the period to be appropriated9905 | €86k | €17k | €172k | €28k | €43k | ▲ 51.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €890k | €1.08M | €1.14M | €1.05M | €1.08M | ▲ 2.4% |
| Fixed assets21/28 | €742k | €1.03M | €1.01M | €972k | €951k | ▼ 2.1% |
| Intangible fixed assets21 | - | €2k | €4k | €3k | €2k | ▼ 34.9% |
| Tangible fixed assets22/27 | €737k | €1.02M | €1,000k | €969k | €949k | ▼ 2.0% |
| Land and buildings22 | - | €989k | €976k | €927k | €884k | ▼ 4.6% |
| Plant, machinery and equipment23 | - | €18k | €16k | €33k | €34k | ▲ 3.3% |
| Furniture and vehicles24 | - | €13k | €8k | €10k | €31k | ▲ 218% |
| Financial fixed assets28 | €5k | €5k | €5k | - | - | - |
| Current assets29/58 | €148k | €48k | €129k | €79k | €125k | ▲ 58.3% |
| Stocks and contracts in progress3 | - | - | - | - | €489 | - |
| Stocks30/36 | - | - | - | - | €489 | - |
| Amounts receivable within one year40/41 | €44k | €27k | €29k | €26k | €15k | ▼ 41.3% |
| Trade receivables40 | - | €2k | €3k | €7k | €8k | ▲ 25.4% |
| Other amounts receivable41 | - | €25k | €26k | €20k | €7k | ▼ 63.6% |
| Current investments50/53 | €11k | €11k | €11k | €19k | €20k | ▲ 3.8% |
| Cash at bank and in hand54/58 | €87k | €4k | €84k | €26k | €84k | ▲ 222% |
| Deferred charges and accrued income490/1 | - | €6k | €5k | €7k | €5k | ▼ 26.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €890k | €1.08M | €1.14M | €1.05M | €1.08M | ▲ 2.4% |
| Equity10/15 | €254k | €271k | €443k | €471k | €519k | ▲ 10.0% |
| Contributions10/11 | - | €118k | €118k | €118k | €118k | = |
| Reserves13 | €136k | €153k | €325k | €353k | €396k | ▲ 12.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €151k | €323k | €351k | €394k | ▲ 12.2% |
| Profit (loss) carried forward14 | €-60k | - | - | - | - | - |
| Investment grants15 | - | - | - | - | €4k | - |
| Amounts payable17/49 | €636k | €804k | €694k | €579k | €557k | ▼ 3.8% |
| Amounts payable after more than one year17 | €387k | €551k | €500k | €448k | €415k | ▼ 7.4% |
| Financial debts170/4 | - | €551k | €500k | €448k | €415k | ▼ 7.4% |
| Amounts payable within one year42/48 | €242k | €249k | €189k | €128k | €141k | ▲ 9.4% |
| Current portion of amounts payable after more than one year42 | - | €50k | €51k | €52k | €57k | ▲ 10.3% |
| Financial debts43 | - | €2k | €2k | €1k | €1k | ▼ 6.2% |
| Credit institutions430/8 | - | €2k | €2k | €1k | €1k | ▼ 6.2% |
| Trade debts44 | €37k | €13k | €38k | €43k | €44k | ▲ 1.3% |
| Suppliers440/4 | - | €13k | €38k | €43k | €44k | ▲ 1.3% |
| Taxes, remuneration and social security45 | - | €17k | €44k | €17k | €16k | ▼ 9.5% |
| Taxes450/3 | - | €17k | €44k | €17k | €16k | ▼ 9.5% |
| Other amounts payable47/48 | - | €167k | €54k | €15k | €23k | ▲ 53.5% |
| Accrued charges and deferred income492/3 | - | €4k | €4k | €2k | €2k | ▼ 29.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86k | €17k | €172k | €28k | €43k | ▲ 51.9% |
| + Depreciation and write-downs630 | €67k | €53k | €61k | €59k | €61k | ▲ 2.6% |
| Operating cash flow (approximation) | €153k | €70k | €233k | €87k | €104k | ▲ 18.6% |
| Investment in fixed assets (approximation) | - | €-338k | €-42k | €-23k | €-40k | ▼ 76.2% |
| Change in cash | - | €-83k | €79k | €-58k | €58k | ▲ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Equity above €500kEq €519k ▲10%
7 profitable years in a row build equity to €519k.
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €172k ▲921%
Net result €172k, the highest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €254k ▲50.9%
3 profitable years in a row build equity to €254k.
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Vleteren · 1 establishment unit since 1995
Ground area
1,494 m²
Building footprint
215 m²
Volume, LiDAR
1,204 m³
Parcel 33031C0562/00D000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nachtegaalstraat(West) 5, 8640 Vleteren
since 19952.073.345.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33031C0562/00D000 | Flanders | 1,494 m² | 1 · 215 m² | 9.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 7,371 EUR awarded · 4,808 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 4,808 EUR |
| 2024 | 1 | 7,371 EUR | 0 EUR |
Schemes
Ecologiepremie+
Recognitions · licences · registrations
Food safety, FASFC
1 siteVleteren2.073.345.009
Legal Entity Identifier
8755008ZVQ1SNCANBM07
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Of 409 companies in sector 46110 we hold annual accounts for 172. 120 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
Founded24-08-1995
Fiscal year end30-09
Activities, NACEBEL 2025
46110Wholesale trade
77310Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.