Turnover
≈ €19,000 estimated
The micro format states no turnover.
XLM Group
Lifetime
3 annual accounts with figures on one time axispeak €3,420 (2023)
€2,451▼ 28.3%
peak €1,390 (2024)
€1,390▲ 71.6%
peak €5,384 (2024)
€5,384▲ 34.8%
€348▼ 46.2%
Board2 names since 2022
1 directorEt-Takny Monsef
Documentsfilings and deeds
15-08-202515 days late
2024micro format
Gross margin from €3,420 to €2,451Result from €810 to €1,390Equity from €3,994 to €5,384Debts from €647 to €348
Key points
from the 2024 annual accountsChecked score
51
Fair
Financially stronger than 84% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.4%▲ +0.1 percentage points vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.5%▲ +0.1 percentage points vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.3%▲ +0.6 percentage points vs 07-2025
09-2025: 1.3%▼ -1.0 percentage point vs 08-2025lowest value
10-2025: 1.3%● unchanged vs 09-2025lowest value
11-2025: 1.3%● unchanged vs 10-2025lowest value
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.5%▲ +0.1 percentage points vs 05-2026
07-2026: 1.6%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.6 percentage points vs 07-2026
09-2026: 2.5%▲ +0.3 percentage points vs 08-2026
10-2026: 3.9%▲ +1.4 percentage points vs 09-2026highest value
11-2026: 3.9%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 18-08-2025)
No main activity registered
Founded in 2022
1 financial year not filed after the legal deadline; last filed accounts filed 15 days late; 2 of the last 3 accounts late
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 78% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as XLM Group has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of XLM Group itself is higher: 3.9% within 12 months. It rests on far more data about XLM Group than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for XLM Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is ample, with a current ratio of 16.47, above the usual 1.5. Short-term debt is 6.1% and cash 100% of total assets. 6.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 15 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-08-2025, 15 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
15 days late
2023
31 days late
2022
397 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 3 accounts on average 148 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Recent changes
Resignation: Monsef Et-Takny (director)
Appointment: Ibrahim Belhadj (director) · Director discharge: Monsef Et-Takny · General meeting of 15-06-2026 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: Et-Takny Monsef (comparant) · Appointment: Et-Takny Monsef (director) · published on 04-05-2022 · Gazette deed
First establishment
Bergense Steenweg 803, Anderlecht
Official details
Source: KBO- Status
- Active since 02-05-2022Normal situation
- Activity
- “Elke activiteit die betrekking heeft op de aankoop en verkoop in groot- en kleinhandel,invoer…” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.331.697.4801070 Anderlecht, since 02-05-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on XLM Group
XLM Group files the micro format. That format states no turnover. The gross margin rose from €184 in 2022 to €2,451 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about XLM Group
- What is the company number of XLM Group?
- The company number of XLM Group is 0785.606.265. The VAT number is the same number with BE in front: BE 0785.606.265.
- Where is XLM Group based?
- The registered office is at Bergense Steenweg 803, 1070 Anderlecht.Company details
- What is the legal form of XLM Group?
- XLM Group is a private limited company (BV).
- When was XLM Group founded?
- XLM Group was founded on 02-05-2022.
- Is XLM Group still active?
- Yes, XLM Group is an active enterprise in the KBO register.
- What is the turnover of XLM Group?
- The turnover in financial year 2024 is ≈ €19,000. This figure is estimated from the gross margin of €2,451 and 6,297 comparable companies of the same size. It probably lies between €8,600 and €45,000. It is a rough estimate.Financials
- Is XLM Group profitable?
- In financial year 2024, XLM Group made a profit of €1,390.
- Where can I find the annual accounts of XLM Group?
- XLM Group filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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