XK Labs
ActiveSummary
XK Labs has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €241k. Equity is shrinking by ~57.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▼-24
Growth58=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
1.7%
Return on assets
135%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 10%
← weakest
strongest →
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 29-04-2026, 93 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
93 d early
2024
14 d early
2023
33 d early
2022
34 d early
2021
9 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 93.9%
2024 · €50k
2021: €117k
2022: €236k
2023: €353k
2024: €50k
2021 → 2025
Total assets
€179k▼ 4.8%
2024 · €188k
2021: €142k
2022: €304k
2023: €425k
2024: €188k
2021 → 2025
Net result
€241k▼ 4.4%
2024 · €252k
2021: €114k
2022: €119k
2023: €117k
2024: €252k
2021 → 2025
Working capital
€-5k
2024 · €25k
2021: €115k
2022: €224k
2023: €322k
2024: €25k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€236k▲ 101%€353k▲ 49.4%€50k▼ 86.0%€3k▼ 93.9%
Operating result€149k-€155k▲ 4.2%€148k▼ 4.9%€305k▲ 106%€320k▲ 4.9%
Net result€114k-€119k▲ 4.0%€117k▼ 1.9%€252k▲ 116%€241k▼ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€8k ▼ 66.9%
Current assets
€170k ▲ 4.6%
Equity and liabilities €179k
Equity
€3k ▼ 93.9%
Debt
€176k ▲ 27.1%
Debt's share of the balance-sheet total rises from 73.6% to 98.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€322k▲
2024 · €311k
Cash flow
€243k▼
2024 · €259k
Current ratio
0.97▼
2024 · 1.18
Debt to equity
58.54▲
2024 · 2.79
ROA
135.0%▲
2024 · 134.5%
Interest coverage
113.87▲
2024 · 105.08
Debt ≤ 1 year
€176k▲
2024 · €138k
Income taxes
€76k▲
2024 · €73k
Staff costs
€9k▲
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €179k, equity €3k).
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€188k€179k▼
Fixed assets21/28€25k€8k▼
Tangible fixed assets22/27€25k€8k▼
Furniture and vehicles24€14k€8k▼
Other tangible fixed assets26€11k€496▼
Current assets29/58€163k€170k▲
Amounts receivable within one year40/41€75k€41k▼
Trade receivables40€75k€41k▼
Other amounts receivable41€0-
Current investments50/53€0-
Cash at bank and in hand54/58€86k€125k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€188k€179k▼
Equity10/15€50k€3k▼
Contributions10/11€3k€3k=
Reserves13€47k€0▼
Distributable reserves133€47k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€138k€176k▲
Amounts payable within one year42/48€138k€176k▲
Financial debts43€812€1k▲
Credit institutions430/8€812€1k▲
Other loans439€0-
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€84k€54k▼
Taxes450/3€80k€53k▼
Remuneration and social security454/9€4k€506▼
Other amounts payable47/48€46k€115k▲
Accrued charges and deferred income492/3€450€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€5k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€2k▼
Other operating charges640/8€591€6k▲
Non-recurring operating charges66A€0€23k▲
Gross operating margin9900€316k€359k▲
Operating profit (loss)9901€305k€320k▲
Financial income75/76B€24k€479▼
Recurring financial income75€24k€479▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€326k€317k▼
Income taxes67/77€73k€76k▲
Profit (loss) for the period9904€252k€241k▼
Profit (loss) for the period to be appropriated9905€252k€241k▼
Appropriation of the result
Profit (loss) to be appropriated9906€252k€241k▼
Transfer from equity791/2€350k€47k▼
Transfer to equity691/2€47k€0▼
To other reserves6921€47k€0▼
Profit to be distributed694/7€556k€288k▼
Return on contributions (dividend)694€556k€288k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €252k ▲116%
Net result €252k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €236k ▲101%
2 profitable years in a row build equity to €236k.
22-07
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, Londerzeel · 1 establishment unit since 2021
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.
Meerstraat 571840 LonderzeelGround area
222 m²
Building footprint
122 m²
Volume, LiDAR
819 m³
Parcel 23045D0018/00D003, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
XK Labs
since 20212.316.585.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0018/00D003 | Flanders | 222 m² | 1 · 122 m² | 11.8 m · 3 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.
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ANACAPA
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 11,204 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
Founded30-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.