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XMILE CONCEPT

Active
Private limited companyfounded 20242 yrs activeLouis Schmidtlaan 24, 1040 Etterbeek, BelgiumKBO/BCE: BE 1013.373.450
Summary

The computed 12-month bankruptcy probability of XMILE CONCEPT is 1.9% (moderate). The 2024 annual accounts show equity of €33,515 and a net result of -€16,485. Its solvency ranks better than 40% of 3023 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability9
Solvency40
Growth-
Track record67
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01; short-term debt: 40.2% and cash: 22.8% of total assets), and 84.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-7.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

XMILE CONCEPT was incorporated on 10 September 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,515
Total assets
€222,088
Net result
-€16,485
Working capital
€841

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €222,088
Fixed assets €131,968
Current assets €90,120
Equity and liabilities €222,088
Equity €33,515
Debt €188,573
Debt finances 84.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€12,847
Cash flow
-€14,212
Current ratio
1.01
Debt to equity
5.63
ROE
-49.2%
ROA
-7.4%
Interest coverage
-9.41
Debt ≤ 1 year
€89,279
Debt > 1 year
€99,294

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,271 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€222,088
Fixed assets21/28€131,968
Tangible fixed assets22/27€111,163
Plant, machinery and equipment23€53,449
Other tangible fixed assets26€57,714
Financial fixed assets28€20,805
Current assets29/58€90,120
Amounts receivable within one year40/41€39,420
Trade receivables40€27,869
Other amounts receivable41€11,550
Cash at bank and in hand54/58€50,701
Equity and liabilities
Total equity and liabilities10/49€222,088
Equity10/15€33,515
Contributions10/11€50,000
Profit (loss) carried forward14-€16,485
Amounts payable17/49€188,573
Amounts payable after more than one year17€99,294
Financial debts170/4€99,294
Amounts payable within one year42/48€89,279
Trade debts44€32,827
Suppliers440/4€32,827
Other amounts payable47/48€56,452
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,272
Gross operating margin9900-€12,847
Operating profit (loss)9901-€15,119
Financial charges65/66B€1,365
Recurring financial charges65€1,365
Profit (loss) for the period before taxes9903-€16,485
Profit (loss) for the period9904-€16,485
Profit (loss) for the period to be appropriated9905-€16,485
Appropriation of the result
Profit (loss) to be appropriated9906-€16,485

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,272
Gross operating margin9900-€12,847
Operating profit (loss)9901-€15,119
Financial charges65/66B€1,365
Recurring financial charges65€1,365
Profit (loss) for the period before taxes9903-€16,485
Profit (loss) for the period9904-€16,485
Profit (loss) for the period to be appropriated9905-€16,485
Line2024
Assets
Total assets20/58€222,088
Fixed assets21/28€131,968
Tangible fixed assets22/27€111,163
Plant, machinery and equipment23€53,449
Other tangible fixed assets26€57,714
Financial fixed assets28€20,805
Current assets29/58€90,120
Amounts receivable within one year40/41€39,420
Trade receivables40€27,869
Other amounts receivable41€11,550
Cash at bank and in hand54/58€50,701
Equity and liabilities
Total equity and liabilities10/49€222,088
Equity10/15€33,515
Contributions10/11€50,000
Profit (loss) carried forward14-€16,485
Amounts payable17/49€188,573
Amounts payable after more than one year17€99,294
Financial debts170/4€99,294
Amounts payable within one year42/48€89,279
Trade debts44€32,827
Suppliers440/4€32,827
Other amounts payable47/48€56,452
Line2024
Profit (loss) for the period9904-€16,485
+ Depreciation and write-downs630€2,272
Operating cash flow (approximation)-€14,212

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Etterbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,825 m²
Building footprint
984 m²
Volume, LiDAR
7,948 m³
2 parcels, Brussels, Flanders · tallest building 31.9 m, ±4 floors. Linked by address, not a title deed.
103 companies at this address See who is registered here
1 establishment unit
XMILE
Tollaan 63, 1932 ZaventemOperation of sports facilities
since 20242.363.836.154
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23078C0001/00H002 Flanders 2,412 m² 1 · 788 m² 8.4 m · 2 fl.
21363B0354/00M005 Brussels 413 m² 1 · 197 m² 31.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Zaventem2.363.836.154
1 permission
Detailhandel LM>3 maand · since 03-11-2024

Similar companies · same sector, comparable size

Of 3,294 companies in sector 93110 we hold annual accounts for 1,500. 894 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-09-2024
Fiscal year end31-12
Trade name FR XMILE
Activities, NACEBEL 2025
93110Operation of sports facilities
93130Fitness centres
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013373450
Registered 11-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.