XINONIX
ActiveSummary
XINONIX has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €36,222 and a net result of €24,796. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency64▼-4
Growth78=
Track record92
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.55 against 1.11 in 2023; short-term debt: 60.6% and cash: 19.9% of total assets), and 60.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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 →
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 2024Solvency, return and age of the figures
Solvency
39.4%
Return on assets
26.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
139 d late
2023
208 d late
2022
31 d late
2021
11 d early
2020
27 d late
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Equity
€36,222▲ 217%
2023 · €11,426
Total assets
€92,042▲ 243%
2023 · €26,871
Net result
€24,796
2023 · -€10,886
Working capital
-€25,331
2023 · €1,713
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€38,049▲ 621%-€4,382-€4,316▲ 1.5%-€10,045▼ 133%€41,029
Net result€29,829within the sector's middle half▲ 580%-€5,232below the sector's middle half-€4,124below the sector's middle half▲ 21.2%-€10,886below the sector's middle half▼ 164%€24,796within the sector's middle half
Equity€31,668below the sector's middle half▲ 1,621%€26,436below the sector's middle half▼ 16.5%€22,312below the sector's middle half▼ 15.6%€11,426below the sector's middle half▼ 48.8%€36,222within the sector's middle half▲ 217%
Total assets€128,066below the sector's middle half▲ 46.5%€62,328below the sector's middle half▼ 51.3%€28,026below the sector's middle half▼ 55.0%€26,871below the sector's middle half▼ 4.1%€92,042within the sector's middle half▲ 243%
Debt€96,397▲ 12.6%€35,891▼ 62.8%€5,714▼ 84.1%€15,445▲ 170%€55,820▲ 261%
Working capital€27,612below the sector's middle half€29,234below the sector's middle half▲ 5.9%€22,312below the sector's middle half▼ 23.7%€1,713below the sector's middle half▼ 92.3%-€25,331below the sector's middle half
Solvency24.7%within the sector's middle half▲ 22.6pp42.4%within the sector's middle half▲ 17.7pp79.6%above the sector's middle half▲ 37.2pp42.5%within the sector's middle half▼ 37.1pp39.4%within the sector's middle half▼ 3.2pp
Current ratio1.31within the sector's middle half▲ 0.331.90within the sector's middle half▲ 0.594.90above the sector's middle half▲ 3.001.11below the sector's middle half▼ 3.790.55below the sector's middle half▼ 0.56
Return on assets (ROA)23.3%above the sector's middle half▲ 18.3pp-8.4%below the sector's middle half▼ 31.7pp-14.7%below the sector's middle half▼ 6.3pp-40.5%below the sector's middle half▼ 25.8pp26.9%above the sector's middle half▲ 67.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €41,029 after a loss of €10,045 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92,042
Fixed assets
€61,553 ▲ 534%
Current assets
€30,490 ▲ 77.7%
Equity and liabilities €92,042
Equity
€36,222 ▲ 217%
Debt
€55,820 ▲ 261%
Debt's share of the balance-sheet total rises from 57.5% to 60.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63,005▲
2023 · -€9,757
Cash flow
€46,773▲
2023 · -€10,599
Debt to equity
1.54▲
2023 · 1.35
ROE
68.5%▲
2023 · -95.3%
Interest coverage
752.39▲
2023 · -98.76
Debt ≤ 1 year
€55,820▲
2023 · €15,445
Income taxes
€15,352▲
2023 · €743
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 1.0% 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 497,341 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% | 1.8% |
| 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% 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €826 | €18,314 | ▲ 2,116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,404 | €10,941 | €667 | €288 | €21,976 | ▲ 7,539% |
| Other operating charges640/8 | - | €1,570 | €2,222 | €1,275 | €1,332 | ▲ 4.4% |
| Gross operating margin9900 | €44,823 | €8,130 | -€1,428 | -€8,482 | €64,337 | ▲ 859% |
| Operating profit (loss)9901 | €38,049 | -€4,382 | -€4,316 | -€10,045 | €41,029 | ▲ 508% |
| Financial income75/76B | - | €723 | €1,177 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €447 | €723 | €1,177 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €247 | €190 | €99 | €880 | ▲ 790% |
| Recurring financial charges65 | €305 | €247 | €190 | €99 | €84 | ▼ 15.2% |
| Non-recurring financial charges66B | - | - | - | - | €796 | - |
| Profit (loss) for the period before taxes9903 | €38,191 | -€3,906 | -€3,328 | -€10,144 | €40,149 | ▲ 496% |
| Income taxes67/77 | €8,363 | €1,326 | €796 | €743 | €15,352 | ▲ 1,967% |
| Profit (loss) for the period9904 | €29,829 | -€5,232 | -€4,124 | -€10,886 | €24,796 | ▲ 328% |
| Profit (loss) for the period to be appropriated9905 | €29,829 | -€5,232 | -€4,124 | -€10,886 | €24,796 | ▲ 328% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128,066 | €62,328 | €28,026 | €26,871 | €92,042 | ▲ 243% |
| Fixed assets21/28 | €11,608 | €667 | - | €9,712 | €61,553 | ▲ 534% |
| Tangible fixed assets22/27 | €11,608 | €667 | - | €9,712 | €61,553 | ▲ 534% |
| Plant, machinery and equipment23 | - | - | - | - | €748 | - |
| Furniture and vehicles24 | - | €667 | - | €9,712 | €60,804 | ▲ 526% |
| Current assets29/58 | €116,458 | €61,661 | €28,026 | €17,158 | €30,490 | ▲ 77.7% |
| Stocks and contracts in progress3 | - | €8,000 | - | - | - | - |
| Stocks30/36 | - | €8,000 | - | - | - | - |
| Amounts receivable within one year40/41 | €92,496 | €37,936 | €18,824 | €2,206 | €12,194 | ▲ 453% |
| Trade receivables40 | - | €21,960 | - | - | €12,194 | - |
| Other amounts receivable41 | - | €15,976 | €18,824 | €2,206 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €22,867 | €14,812 | €7,927 | €11,786 | €18,295 | ▲ 55.2% |
| Deferred charges and accrued income490/1 | - | €914 | €1,275 | €3,166 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128,066 | €62,328 | €28,026 | €26,871 | €92,042 | ▲ 243% |
| Equity10/15 | €31,668 | €26,436 | €22,312 | €11,426 | €36,222 | ▲ 217% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €13,068 | €7,836 | €3,712 | -€7,174 | €17,622 | ▲ 346% |
| Amounts payable17/49 | €96,397 | €35,891 | €5,714 | €15,445 | €55,820 | ▲ 261% |
| Amounts payable after more than one year17 | €7,552 | €3,465 | - | - | - | - |
| Financial debts170/4 | - | €3,465 | - | - | - | - |
| Amounts payable within one year42/48 | €88,846 | €32,427 | €5,714 | €15,445 | €55,820 | ▲ 261% |
| Current portion of amounts payable after more than one year42 | - | €4,087 | €3,465 | - | - | - |
| Trade debts44 | €75,468 | €18,587 | €127 | €1,999 | €0 | ▼ 100% |
| Suppliers440/4 | - | €18,587 | €127 | €1,999 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €9,753 | €2,122 | €1,539 | €22,409 | ▲ 1,356% |
| Taxes450/3 | - | €9,753 | €2,122 | €1,539 | €22,409 | ▲ 1,356% |
| Other amounts payable47/48 | - | - | - | €11,908 | €33,412 | ▲ 181% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,829 | -€5,232 | -€4,124 | -€10,886 | €24,796 | ▲ 328% |
| + Depreciation and write-downs630 | €5,404 | €10,941 | €667 | €288 | €21,976 | ▲ 7,539% |
| Operating cash flow (approximation) | €35,233 | €5,709 | -€3,458 | -€10,599 | €46,773 | ▲ 541% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€73,817 | - |
| Change in cash | - | -€8,056 | -€6,884 | €3,858 | €6,510 | ▲ 68.7% |
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
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 139 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 208 days late
2024
31-12
Financial
Back to profitnet €24,796
Net result €24,796 after 3 loss-making years.
08-03
KBO administration
Address struck
event 21-01-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 4.90
Current ratio from 1.90 to 4.90; short-term debt falls from €32,427 to €5,714.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €29,829 ▲580%
Net result €29,829, the highest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Back to profitnet €4,388
Net result €4,388 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2017
Ground area
325 m²
Building footprint
105 m²
Volume, LiDAR
732 m³
Parcel 11443C0610/00W010, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
XINONIX
since 20172.268.019.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443C0610/00W010 | Flanders | 325 m² | 1 · 105 m² | 10.0 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.
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Of 2,499 companies in this sector we hold annual accounts for 1,761. 669 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
50400Inland freight water transport
46140Agents in the wholesale of industrial machinery, ships and aircraft
Contact
E-mail
xinonix@xinonix.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0678972680
Also
9925:BE0678972680
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.