Financials
- Financial year
- 2024
- Total assets
- €18,057
- Profit
- €520
- Solvency
- 16.7%
XN CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of XN CONSTRUCT is 2.8% (moderate). The 2024 annual accounts show equity of €3,020 and a net result of €520. Its solvency ranks better than 37% of 19,145 sector peers (NACE 68, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Development of residential building projects
NACE 68121
1 site
Size
€18,057total assets 2024
- Equity
- €3,020
- Profit
- €520
Turnover not published (micro format)
Structure
Accounts filed 28 days late0 of 2 deeds read
Why 51raises riskFigures for financial year 2024 (filed 28-08-2025)Ex-officio strike-off in the KBOFounded in 2024lowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 68, micro)
Financial strength
Average
Solvency
42
equity 16.7% of total assets
Liquidity
22
short-term debt 83.3% · cash 14.1%
Profitability
72
return on assets 2.9%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 0.7%
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.4%▼ -0.3 percentage points vs 08-2025lowest value
10-2025: 0.8%▲ +0.4 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.6%▲ +0.5 percentage points vs 07-2026
09-2026: 1.8%▲ +0.2 percentage points vs 08-2026
10-2026: 2.8%▲ +1.0 percentage point vs 09-2026highest value
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 37% on solvency, 17% on liquidity and 64% on profitability.
The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 1 filingDeviation from the deadline
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 28 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckKBO administration
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 30-04-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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