XL DIGITAL
ActiveSummary
XL DIGITAL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-475. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+15
Solvency81▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.82 in 2024; short-term debt: 44% and cash: 15.1% of total assets), and 44% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
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 2025Solvency, return and age of the figures
Solvency
56%
Return on assets
-1.9%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
38 d early
2023
19 d early
2022
30 d late
2021
12 d late
2020
1 d early
2019
69 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 3.3%
2024 · €14k
2018: €18k
2019: €19k▲ +8.4% vs 2018
2020: €21k▲ +11.3% vs 2019highest in 8 years
2021: €15k▼ -30.1% vs 2020
2022: €19k▲ +28.8% vs 2021
2023: €18k▼ -4.3% vs 2022
2024: €14k▼ -21.5% vs 2023
2025: €14k▼ -3.3% vs 2024lowest in 8 years
2018 → 2025
Total assets
€25k▼ 8.7%
2024 · €27k
2018: €59k
2019: €56k▼ -3.8% vs 2018
2020: €72k▲ +28.6% vs 2019highest in 8 years
2021: €54k▼ -25.9% vs 2020
2022: €54k▼ -0.2% vs 2021
2023: €37k▼ -30.4% vs 2022
2024: €27k▼ -27.0% vs 2023
2025: €25k▼ -8.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€-475▲ 87.9%
2024 · €-4k
2018: €3k
2019: €1k▼ -57.7% vs 2018
2020: €2k▲ +47.0% vs 2019
2021: €-6k▼ -395% vs 2020lowest in 8 years
2022: €4k▲ +167% vs 2021highest in 8 years
2023: €-826▼ -119% vs 2022
2024: €-4k▼ -376% vs 2023
2025: €-475▲ +87.9% vs 2024
2018 → 2025
Working capital
€12k▲ 11.3%
2024 · €11k
2018: €19k
2019: €21k▲ +10.0% vs 2018highest in 8 years
2020: €8k▼ -63.9% vs 2019
2021: €3k▼ -66.3% vs 2020lowest in 8 years
2022: €8k▲ +205% vs 2021
2023: €8k▼ -1.7% vs 2022
2024: €11k▲ +39.2% vs 2023
2025: €12k▲ +11.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€19k▲ 28.8%€18k▼ 4.3%€14k▼ 21.5%€14k▼ 3.3%
2021: €15k
2022: €19k▲ +28.8% vs 2021highest in 5 years
2023: €18k▼ -4.3% vs 2022
2024: €14k▼ -21.5% vs 2023
2025: €14k▼ -3.3% vs 2024lowest in 5 years
Operating result€-5k-€5k€-236€-3k▼ 1,320%€-66▲ 98.0%
2021: €-5klowest in 5 years
2022: €5k▲ +208% vs 2021highest in 5 years
2023: €-236▼ -104% vs 2022
2024: €-3k▼ -1320% vs 2023
2025: €-66▲ +98.0% vs 2024
Net result€-6k-€4k€-826€-4k▼ 376%€-475▲ 87.9%
2021: €-6klowest in 5 years
2022: €4k▲ +167% vs 2021highest in 5 years
2023: €-826▼ -119% vs 2022
2024: €-4k▼ -376% vs 2023
2025: €-475▲ +87.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66 in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€2k ▼ 44.1%
Current assets
€23k ▼ 3.0%
Equity and liabilities €25k
Equity
€14k ▼ 3.3%
Debt
€11k ▼ 14.7%
Debt's share of the balance-sheet total falls from 47.2% to 44.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €4k
Cash flow
€2k▼
2024 · €3k
Current ratio
2.08▲
2024 · 1.82
Debt to equity
0.79▼
2024 · 0.89
ROE
-3.4%▲
2024 · -27.3%
ROA
-1.9%▲
2024 · -14.4%
Interest coverage
9.85▲
2024 · 8.53
Debt ≤ 1 year
€11k▼
2024 · €13k
Income taxes
€141▲
2024 · €129
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€27k€25k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€23k€23k▼
Amounts receivable within one year40/41€23k€19k▼
Trade receivables40€23k€19k▼
Other amounts receivable41€340€16▼
Cash at bank and in hand54/58€517€4k▲
Equity and liabilities
Total equity and liabilities10/49€27k€25k▼
Equity10/15€14k€14k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-13k€-14k▼
Amounts payable17/49€13k€11k▼
Amounts payable within one year42/48€13k€11k▼
Trade debts44€2k€196▼
Suppliers440/4€2k€196▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€8k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€1k€859▼
Gross operating margin9900€5k€4k▼
Operating profit (loss)9901€-3k€-66▲
Financial income75/76B€3€1▼
Recurring financial income75€3€1▼
Financial charges65/66B€458€269▼
Recurring financial charges65€458€269▼
Profit (loss) for the period before taxes9903€-4k€-334▲
Income taxes67/77€129€141▲
Profit (loss) for the period9904€-4k€-475▲
Profit (loss) for the period to be appropriated9905€-4k€-475▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-14k▼
Profit (loss) brought forward from the previous period14P€-9k€-13k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €7k | €3k | ▼ 62.6% |
| Other operating charges640/8 | €1k | €7k | €756 | €1k | €859 | ▼ 38.3% |
| Gross operating margin9900 | €923 | €17k | €5k | €5k | €4k | ▼ 33.8% |
| Operating profit (loss)9901 | €-5k | €5k | €-236 | €-3k | €-66 | ▲ 98.0% |
| Financial income75/76B | €1 | €0 | €220 | €3 | €1 | ▼ 65.6% |
| Recurring financial income75 | €1 | €0 | €220 | €3 | €1 | ▼ 65.6% |
| Financial charges65/66B | €1k | €1k | €678 | €458 | €269 | ▼ 41.3% |
| Recurring financial charges65 | €1k | €1k | €678 | €458 | €269 | ▼ 41.3% |
| Profit (loss) for the period before taxes9903 | €-6k | €4k | €-694 | €-4k | €-334 | ▲ 91.2% |
| Income taxes67/77 | €154 | €109 | €132 | €129 | €141 | ▲ 9.1% |
| Profit (loss) for the period9904 | €-6k | €4k | €-826 | €-4k | €-475 | ▲ 87.9% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €4k | €-826 | €-4k | €-475 | ▲ 87.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54k | €54k | €37k | €27k | €25k | ▼ 8.7% |
| Fixed assets21/28 | €20k | €16k | €11k | €4k | €2k | ▼ 44.1% |
| Tangible fixed assets22/27 | €20k | €16k | €11k | €4k | €2k | ▼ 44.1% |
| Land and buildings22 | €9k | €7k | €5k | - | - | - |
| Furniture and vehicles24 | €12k | €9k | €6k | €4k | €2k | ▼ 44.1% |
| Current assets29/58 | €34k | €38k | €26k | €23k | €23k | ▼ 3.0% |
| Amounts receivable within one year40/41 | €32k | €38k | €26k | €23k | €19k | ▼ 17.2% |
| Trade receivables40 | €32k | €33k | €21k | €23k | €19k | ▼ 16.0% |
| Other amounts receivable41 | - | €5k | €5k | €340 | €16 | ▼ 95.4% |
| Cash at bank and in hand54/58 | €1k | €0 | - | €517 | €4k | ▲ 626% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54k | €54k | €37k | €27k | €25k | ▼ 8.7% |
| Equity10/15 | €15k | €19k | €18k | €14k | €14k | ▼ 3.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €9k | €9k | €9k | €9k | €9k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €3k | €3k | €3k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-13k | €-8k | €-9k | €-13k | €-14k | ▼ 3.6% |
| Amounts payable17/49 | €39k | €34k | €19k | €13k | €11k | ▼ 14.7% |
| Amounts payable after more than one year17 | €8k | €4k | €336 | - | - | - |
| Financial debts170/4 | €8k | €4k | €336 | - | - | - |
| Amounts payable within one year42/48 | €31k | €30k | €19k | €13k | €11k | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | €3k | €4k | €4k | - | - | - |
| Financial debts43 | - | €3k | €2k | - | - | - |
| Credit institutions430/8 | - | €3k | €2k | - | - | - |
| Trade debts44 | €20k | €16k | €11k | €2k | €196 | ▼ 91.3% |
| Suppliers440/4 | €20k | €16k | €11k | €2k | €196 | ▼ 91.3% |
| Taxes, remuneration and social security45 | €1k | €2k | €2k | €3k | €2k | ▼ 49.3% |
| Taxes450/3 | €1k | €2k | €2k | €3k | €2k | ▼ 49.3% |
| Other amounts payable47/48 | €6k | €5k | - | €8k | €9k | ▲ 22.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €4k | €-826 | €-4k | €-475 | ▲ 87.9% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €7k | €3k | ▼ 62.6% |
| Operating cash flow (approximation) | €-2k | €9k | €4k | €3k | €2k | ▼ 32.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-1k | - |
| Change in cash | - | €-1k | - | - | €3k | - |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2003
Ground area
321 m²
Building footprint
116 m²
Volume, LiDAR
1,090 m³
Parcel 11303C0283/00P004, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
XL DIGITAL
since 20032.132.325.165
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0283/00P004 | Flanders | 321 m² | 1 · 116 m² | 11.2 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,335 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
Founded15-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.