Skip to content

XLR

Active
Public limited companyfounded 1992active for 34 yearsCharleroise Steenweg 24-26/2F, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0447.165.644
Summary

XLR has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €1.4m. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 72% of 125 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-04-1992 Normal situation
Activity
Manufacture of electrical equipment NACE 27900and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2025
Establishment units
2.294.571.820 1780 Wemmel, since 14-10-2019
2.336.823.337 1060 Sint-Gillis (bij-Brussel), since 15-06-2022
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board
  • DBADirector · since 12-11-2012 · permanent representative Jean-Claude DE BRUCKER
  • LKS TRADEDirector · since 12-11-2012 · permanent representative Louis LUKUSA
Shareholders
  • DBA· score 992025 annual accounts of DBA
  • LKS TRADE· score 9631-03-2026 annual accounts of LKS TRADE

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2025
Gross margin
€3.3m
▲ 50.3%
Turnover
≈ €5.7m
estimated
Profit
€1.4m
▲ 49.0%
Equity
€2.8m
▲ 55.3%
Total assets
€4.6m
▲ 19.3%
Employees on 31-03-2025
11
▼ 8.3%
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 31-10-2025)lowers riskFounded in 1992Size: 10.3 FTE, total assets €4.6mProfit of €1.4m (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of small companies in electrical equipment (NACE 27)
Financial strength · tick: 2024
Strong
Solvency 87+14
equity 61.9% of total assets
Liquidity 51+5
short-term debt 25.0% · cash 8.1%
Profitability 100+1
return on assets 30.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (92 companies, NACE 27, small)
Last 24 months 12-2024: 1.1%highest value 01-2025: 1.1%● unchanged vs 12-2024highest value 02-2025: 0.1%▼ -1.0 percentage point vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.13 (1.89 in 2024), above the usual 1.5. Short-term debt is 25% and cash 8.1% of total assets. 38.1% of the assets are financed with debt and provisions.
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 (NACE 27, small). It does better than 80% of them on solvency, 63% on liquidity, 98% on profitability and 89% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed on 31-10-2025)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 10.3 FTE, total assets €4.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Profit of €1.4m (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
on the day
2023
30 days late
2021
31 days late
2020
9 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 8 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th largest company by total assets in Sint-Gillis, Manufacturing sectorin the Checked rankings No. 4 View
  • Positive: Equity rose in 2025from €1.8m to €2.8m ▲ 55.3% View
  • Positive: 7 profitable years in a rowprofit 2025: €1.4m 7 years View

Recent changes

  1. · Gazette deed Registered office moved from Bruxelles to Saint-GillesNew seat: Chaussée de Charleroi, 24-26 2F à 1060 Saint-Gilles · Previous seat: Rue Pierre Strauwen 24, 1020 Bruxelles · Permanent representatives: Jean-Claude De Brucker and Louis Lukusa
  2. · Gazette deed Capital increase of €55,292.02Appointments: LKS TRADE (director) and DBA (director) · Permanent representatives: Louis LUKUSA and Jean-Claude DE BRUCKER
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as XLR: manufacture of electrical equipment (NACE 27900). They are comparable in size and age: total assets between €3.4m and €7.2m, founded between 1974 and 1999.

CompanyTotal assetsGross margin
XLR Sint-Gillis (bij-Brussel)€4.6m€3.3m
NUYTTENS AUTOMATISATIE Wielsbeke€4.0m€1.4m
Dirac Industries Sint-Pieters-Leeuw€3.4m€1.4m
LHM Geel€7.2m€2.5m
DVC Oudergem€4.6m€2.1m
BAM BORMET Nieuwerkerken (Limb.)€6.7m€3.0m
INARTI Willebroek€4.9m€3.1m
Full comparison

Key facts about XLR

What is the company number of XLR?
The company number of XLR is 0447.165.644. The VAT number is the same number with BE in front: BE 0447.165.644.
Where is XLR based?
The registered office is at Charleroise Steenweg 24-26/2F, 1060 Sint-Gillis (bij-Brussel).Company details
What does XLR do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27900).
What is the legal form of XLR?
The legal form of XLR is Public limited company (NV).
When was XLR founded?
XLR was founded on 17-04-1992.
Is XLR still active?
Yes, XLR is an active enterprise in the KBO register.
How many employees does XLR have?
XLR had an average of 10.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does XLR fall under?
In its 31-03-2025 annual accounts, XLR states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of XLR?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €3.3m and 1,584 comparable companies of the same size. It probably lies between €3.8m and €9.3m. It is a rough estimate.
Is XLR profitable?
In financial year 2025, XLR made a profit of €1.4m.
Where can I find the annual accounts of XLR?
XLR filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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