Skip to content

XL SERVICES

Active
Cooperative companyfounded 200620 years activeMarie-Joséplein 6, 1050 Elsene, BelgiumKBO/BCE: BE 0880.392.982
Summary

The computed 12-month bankruptcy probability of XL SERVICES is 17.3% (high). For XL SERVICES, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €181,901 and a net result of -€92,551. Equity is shrinking by ~24.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
XL SERVICESActive
Risk analysis ReportCompare

Overview

Activity
Activity not known
Size
€363,951total assets 2021
Equity
€181,901
Loss
-€92,551
Financial health
Bankruptcy probability, 12 months
17.3%
2021 figures too old to score
Structure
Accounts 1164 days overdue0 of 4 deeds read
Signals- Figures for FY 2021 (filed 26-04-2023)- 3 financial years not filed after the legal deadline; latest accounts 267 days late; 3 of the last 3 late- No establishment unit in the KBO- Two or more financial years not filed- Filed more than 90 days late+ Size: total assets €363,951Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency 75-23
equity 50.0% of total assets
Liquidity 43-17
short-term debt 49.5% · cash 14.4%
Profitability 0=
return on assets -25.4%
Bankruptcy probability, 12 months
17.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 23.5%highest value 12-2024: 23.5%● unchanged vs 11-2024highest value 01-2025: 23.5%● unchanged vs 12-2024highest value 02-2025: 23.5%● unchanged vs 01-2025highest value 03-2025: 23.4%▼ -0.1 percentage points vs 02-2025 04-2025: 16.4%▼ -7.0 percentage points vs 03-2025lowest value 05-2025: 18.2%▲ +1.8 percentage points vs 04-2025 06-2025: 18.2%● unchanged vs 05-2025 07-2025: 18.2%● unchanged vs 06-2025 08-2025: 17.2%▼ -1.0 percentage point vs 07-2025 09-2025: 17.2%● unchanged vs 08-2025 10-2025: 17.2%● unchanged vs 09-2025 11-2025: 17.2%● unchanged vs 10-2025 12-2025: 17.2%● unchanged vs 11-2025 01-2026: 17.2%● unchanged vs 12-2025 02-2026: 17.2%● unchanged vs 01-2026 03-2026: 17.2%● unchanged vs 02-2026 04-2026: 17.2%● unchanged vs 03-2026 05-2026: 17.3%▲ +0.1 percentage points vs 04-2026 06-2026: 17.3%● unchanged vs 05-2026 07-2026: 17.3%● unchanged vs 06-2026 08-2026: 17.3%● unchanged vs 07-2026 09-2026: 17.3%● unchanged vs 08-2026 10-2026: 17.3%● unchanged vs 09-2026
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk
raises risk · Figures for FY 2021 (filed 26-04-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 267 days late; 3 of the last 3 late
NBB · filings
raises risk · No establishment unit in the KBO
KBO · seat and establishments
lowers risk · Size: total assets €363,951
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline07-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 24-04-2023, 267 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
267 days late
2020
482 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 280 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2021 · full…
  2. Annual accounts filedfiscal year 2020 · full…
  3. Weakest financial yearnet -€92,551

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1164 days late View
  • Risk: 4 loss-making years in a rowloss fiscal year 2021 -€92,551 View
  • Caution: Equity fell in 2021from €274,452 to €181,901 ▼ 33.7% View

By topic

Financials

Fiscal year
2021
Total assets
€363,951
Loss
-€92,551
Solvency
50.0%
Total assets▼ 3.4%
Net result
20182021
Go to Financials

Timeline

Events
11
Since
2014
  1. 30-10-2020Annual accounts filed
  2. 30-09-2019Annual accounts filed
  3. 26-03-2019Annual accounts filed
Go to Timeline

Company details

Legal form
Cooperative company
Founded
31-03-2006
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure