XLAS
ActiveXLAS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €347k and a net result of €39k. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+10
Solvency91▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.64 in 2024; short-term debt: 21.1% and cash: 17.6% of total assets), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
66.3%
Return on assets
7.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
42 d early
2023
28 d early
2022
13 d early
2021
3 d early
2020
12 d early
2019
184 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€347k▲ 12.7%
2024 · €308k
2019: €34k
2020: €40k
2021: €58k
2022: €89k
2023: €290k
2024: €308k
2019 → 2025
Total assets
€524k▼ 2.8%
2024 · €539k
2019: €409k
2020: €385k
2021: €432k
2022: €450k
2023: €606k
2024: €539k
2019 → 2025
Net result
€39k▲ 111%
2024 · €19k
2019: €36k
2020: €7k
2021: €17k
2022: €32k
2023: €50k
2024: €19k
2019 → 2025
Working capital
€108k▲ 24.1%
2024 · €87k
2019: €123k
2020: €64k
2021: €27k
2022: €79k
2023: €67k
2024: €87k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€89k▲ 55.5%€290k▲ 224%€308k▲ 6.4%€347k▲ 12.7%
Operating result€39k-€60k▲ 56.8%€67k▲ 11.4%€38k▼ 43.1%€67k▲ 76.0%
Net result€17k-€32k▲ 85.7%€50k▲ 57.2%€19k▼ 63.1%€39k▲ 111%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €524k
Fixed assets
€305k▼ 3.1%
Current assets
€218k▼ 2.4%
Equity and liabilities €524k
Equity
€347k▲ 12.7%
Debt
€176k▼ 23.5%
The debt ratio falls from 42.8% to 33.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€87k▲
2024 · €64k
Cash flow
€59k▲
2024 · €44k
Solvency
66.3%▲
2024 · 57.2%
Current ratio
1.98▲
2024 · 1.64
Quick ratio
1.24▲
2024 · 0.84
Debt / equity
0.51▼
2024 · 0.75
ROE
11.3%▲
2024 · 6.0%
ROA
7.5%▲
2024 · 3.4%
Interest coverage
6.85▲
2024 · 5.39
Debt
€176k▼
2024 · €231k
Debt ≤ 1 year
€110k▼
2024 · €137k
Debt > 1 year
€66k▼
2024 · €94k
Income taxes
€18k▲
2024 · €10k
Staff costs
€162k▼
2024 · €235k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€539k€524k▼
Fixed assets21/28€315k€305k▼
Intangible fixed assets21-€315
Tangible fixed assets22/27€315k€304k▼
Land and buildings22€297k€285k▼
Plant, machinery and equipment23€7k€16k▲
Furniture and vehicles24€8k€2k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€3k€1k▼
Financial fixed assets28€233€790▲
Current assets29/58€224k€218k▼
Stocks and contracts in progress3€109k€81k▼
Stocks30/36€109k€81k▼
Amounts receivable within one year40/41€56k€45k▼
Trade receivables40€56k€45k▼
Other amounts receivable41€9€0▼
Cash at bank and in hand54/58€57k€92k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€539k€524k▼
Equity10/15€308k€347k▲
Contributions10/11€178k€178k=
Reserves13€130k€170k▲
Tax-exempt reserves132€12k€12k=
Distributable reserves133€118k€157k▲
Amounts payable17/49€231k€176k▼
Amounts payable after more than one year17€94k€66k▼
Financial debts170/4€94k€66k▼
Amounts payable within one year42/48€137k€110k▼
Current portion of amounts payable after more than one year42€25k€9k▼
Trade debts44€25k€24k▼
Suppliers440/4€25k€24k▼
Taxes, remuneration and social security45€36k€27k▼
Taxes450/3€20k€21k▲
Remuneration and social security454/9€16k€7k▼
Other amounts payable47/48€50k€50k=
Income statement
Code20242025
Non-recurring operating income76A€8k€5k▼
Remuneration, social security and pensions62€235k€162k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€20k▼
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€238€0▼
Gross operating margin9900€303k€254k▼
Operating profit (loss)9901€38k€67k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€12k€13k▲
Recurring financial charges65€12k€13k▲
Profit (loss) for the period before taxes9903€29k€57k▲
Income taxes67/77€10k€18k▲
Profit (loss) for the period9904€19k€39k▲
Profit (loss) for the period to be appropriated9905€19k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€39k▲
Transfer to equity691/2€19k€39k▲
To other reserves6921€19k€39k▲
Social balance
Average headcount (FTE)90873.52.5▼
The notes to these accounts (26 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €50k ▲57.2%
Net result €50k, the highest in the series.
30-06
Financial
Equity above €200kEq €290k ▲224%
5 profitable years in a row build equity to €290k.
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €7k ▼81.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
09-09-2022
Resigned as Director
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 1996
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.
Maalbeekstraat 5E1700 DilbeekGround area
7,182 m²
Building footprint
3,617 m²
Volume, LiDAR
27,707 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Z. 5 Mollem Unit 46D, 1730 Asse
since 19962.077.466.915
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23053B0228/00E002indicative | Flanders | 6,140 m² | 1 · 3,330 m² | 9.9 m · 3 fl. |
| 23016C0030/00C002 | Flanders | 1,041 m² | 1 · 288 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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 · 1 entry · 1,050 EUR awarded · 1,050 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,050 EUR | 1,050 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryXLAS BV41477
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
ALU - TOOLS
BE 0441.825.003
Temse · Eq €348k
HABOMETAAL
BE 0473.238.155
Kortemark · Eq €349k
FOXYWELD
BE 0870.022.989
Hamoir · Eq €346k
Bert Van Deun Metaalwerken
BE 0466.133.696
Oud-Turnhout · Eq €346k
JVC MACHINING
BE 0885.090.950
Bilzen-Hoeselt · Eq €345k
Of 3,464 companies in sector 25530 we hold annual accounts for 1,656. 1,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-1996
Fiscal year end30-06
Activities, NACEBEL
25530Machining of metals
46190Agents in non-specialised wholesale trade
47529Retail trade
71121Engineering and related technical consultancy, excluding land surveyors
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.