XLR
ActiveXLR has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.85M and a net result of €1.41M. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 100 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency87▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 1.89 in 2024; short-term debt: 25% and cash: 8.1% of total assets), and 38.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
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
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
61.9%
Return on assets
30.7%
Age of the figures
18 mo
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 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
30 d late
2021
31 d late
2020
9 d early
2019
2 d early
2018
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.41M▲ 49.0%
2024 · €948k
2018: €304k
2019: €501k
2020: €177k
2021: €511k
2023: €903k
2024: €948k
2018 → 2025
Working capital
€2.45M▲ 83.4%
2024 · €1.33M
2018: €617k
2019: €558k
2020: €593k
2021: €657k
2023: €1.22M
2024: €1.33M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€669k-€881k▲ 31.6%€1.38M▲ 57.2%€1.83M▲ 32.4%€2.85M▲ 55.3%
Operating result€215k-€585k▲ 172%€1.10M▲ 87.7%€1.10M▲ 0.5%€1.79M▲ 62.3%
Net result€177k-€511k▲ 189%€903k▲ 76.7%€948k▲ 5.0%€1.41M▲ 49.0%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.60M
Fixed assets
€1.00M▼ 2.0%
Current assets
€3.60M▲ 27.0%
Equity and liabilities €4.60M
Equity
€2.85M▲ 55.3%
Provisions
€79k
Debt
€1.68M▼ 17.2%
The debt ratio falls from 52.5% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.25M▲
2024 · €1.57M
Cash flow
€1.87M▲
2024 · €1.42M
Solvency
61.9%▲
2024 · 47.5%
Current ratio
3.13▲
2024 · 1.89
Quick ratio
0.60▼
2024 · 0.76
Debt / equity
0.59▼
2024 · 1.10
ROE
49.7%▼
2024 · 51.7%
ROA
30.7%▲
2024 · 24.6%
Interest coverage
47.52▲
2024 · 41.56
Debt
€1.68M▼
2024 · €2.02M
Debt ≤ 1 year
€1.15M▼
2024 · €1.50M
Debt > 1 year
€511k▼
2024 · €519k
Income taxes
€368k▲
2024 · €152k
Staff costs
€681k▲
2024 · €528k
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€3.86M€4.60M▲
Fixed assets21/28€1.02M€1.00M▼
Tangible fixed assets22/27€1.00M€916k▼
Land and buildings22€568k€528k▼
Plant, machinery and equipment23€92k€132k▲
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€338k€253k▼
Financial fixed assets28€24k€88k▲
Current assets29/58€2.83M€3.60M▲
Stocks and contracts in progress3€1.69M€2.90M▲
Stocks30/36€1.69M€2.90M▲
Amounts receivable within one year40/41€667k€270k▼
Trade receivables40€663k€270k▼
Other amounts receivable41€4k€491▼
Cash at bank and in hand54/58€448k€372k▼
Deferred charges and accrued income490/1€24k€54k▲
Equity and liabilities
Total equity and liabilities10/49€3.86M€4.60M▲
Equity10/15€1.83M€2.85M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311-€2k
Other1319€2k-
Profit (loss) carried forward14€1.76M€2.78M▲
Provisions and deferred taxes16-€79k
Provisions for liabilities and charges160/5-€79k
Other liabilities and charges164/5-€79k
Amounts payable17/49€2.02M€1.68M▼
Amounts payable after more than one year17€519k€511k▼
Financial debts170/4€519k€511k▼
Amounts payable within one year42/48€1.50M€1.15M▼
Current portion of amounts payable after more than one year42€143k€159k▲
Financial debts43€229k€79k▼
Credit institutions430/8€229k€79k▼
Trade debts44€483k€79k▼
Suppliers440/4€483k€79k▼
Taxes, remuneration and social security45€133k€423k▲
Taxes450/3€83k€359k▲
Remuneration and social security454/9€50k€64k▲
Other amounts payable47/48€510k€410k▼
Accrued charges and deferred income492/3€6k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€528k€681k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€470k€456k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€19k€36k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€79k
Other operating charges640/8€68k€247k▲
Gross operating margin9900€2.19M€3.29M▲
Operating profit (loss)9901€1.10M€1.79M▲
Financial income75/76B€35k€38k▲
Recurring financial income75€35k€38k▲
Financial charges65/66B€38k€47k▲
Recurring financial charges65€38k€47k▲
Profit (loss) for the period before taxes9903€1.10M€1.78M▲
Income taxes67/77€152k€368k▲
Profit (loss) for the period9904€948k€1.41M▲
Profit (loss) for the period to be appropriated9905€948k€1.41M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.26M€3.18M▲
Profit (loss) brought forward from the previous period14P€1.31M€1.76M▲
Transfer to equity691/2€0-
To the legal reserve6920€0-
Profit to be distributed694/7€500k€400k▼
Directors or managers695€500k€400k▼
Social balance
Average headcount (FTE)90878.110.3▲
The notes to these accounts (16 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2018net €1.41M ▲49%
Operating result €1.79M, net result €1.41M, both a record.
31-03
Financial
Equity above €2MEq €2.85M ▲55.3%
7 profitable years in a row build equity to €2.85M.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Equity above €1MEq €1.38M ▲57.2%
5 profitable years in a row build equity to €1.38M.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €177k ▼64.7%
Net result drops to €177k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €667k ▲43.2%
2 profitable years in a row build equity to €667k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Gillis (bij-Brussel) · 2 establishment units since 2019
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.
Charleroise Steenweg 24-26/2F1060 Sint-Gillis (bij-Brussel)Ground area
9,753 m²
Building footprint
3,870 m²
Volume, LiDAR
49,331 m³
2 parcels, Brussels, Flanders · tallest building 32.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
XLR
since 20192.294.571.820
XLR
since 20222.336.823.337
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0346/00N007indicative | Brussels | 6,730 m² | 1 · 2,231 m² | 32.2 m · 6 fl. |
| 22005A0604/00L004 | Flanders | 3,023 m² | 1 · 1,639 m² | 5.2 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
2022 to 2025 · 6 entries · 29,436 EUR awarded · 29,436 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,251 EUR | 7,251 EUR |
| 2024 | 1 | 6,409 EUR | 6,409 EUR |
| 2023 | 1 | 8,655 EUR | 8,655 EUR |
| 2022 | 2 | 7,121 EUR | 7,121 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 142 companies in sector 27900 we hold annual accounts for 102. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-04-1992
Fiscal year end31-03
Activities, NACEBEL
27900Manufacture of electrical equipment
31623
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.