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 19,153 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
- Equity
- €3,020
- Profit
- €520
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
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 25-10-2026 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
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.
- Address struckKBO administration
- Annual accounts filedfinancial year 2024 · micro…
- Amendment of the articles · NameCorrection · Registered office clause
Financials · financial year 2024, micro format
2024 annual accounts filed late (28 days) Filed on 28 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00482157.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.8% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,542 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.
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,469 |
| Gross operating margin9900 | €2,187 |
| Operating profit (loss)9901 | €718 |
| Financial charges65/66B | €68 |
| Recurring financial charges65 | €68 |
| Profit (loss) for the period before taxes9903 | €650 |
| Income taxes67/77 | €130 |
| Profit (loss) for the period9904 | €520 |
| Profit (loss) for the period to be appropriated9905 | €520 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €18,057 | |
| Formation expenses20 | €882 | |
| Fixed assets21/28 | €4,570 | |
| Tangible fixed assets22/27 | €4,570 | |
| Furniture and vehicles24 | €4,570 | |
| Current assets29/58 | €12,605 | |
| Amounts receivable within one year40/41 | €10,067 | |
| Trade receivables40 | €9,764 | |
| Other amounts receivable41 | €303 | |
| Cash at bank and in hand54/58 | €2,538 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €18,057 | |
| Equity10/15 | €3,020 | |
| Contributions10/11 | €2,500 | |
| Profit (loss) carried forward14 | €520 | |
| Amounts payable17/49 | €15,037 | |
| Amounts payable within one year42/48 | €15,037 | |
| Trade debts44 | €14,907 | |
| Suppliers440/4 | €14,907 | |
| Taxes, remuneration and social security45 | €130 | |
| Taxes450/3 | €130 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €520 |
| + Depreciation and write-downs630 | €1,469 |
| Operating cash flow (approximation) | €1,989 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 28-08-2025 | 2025-00482157 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BARBOSA FREIRE SOUZA Hellion Nil |
|
Owners and capital
Capital and shareholders
- BARBOSA FREIRE SOUZA Hellion Nil 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-05-2024 Incorporation · €2,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
02-09
Gazette deed
Amendment of the articles · NameCorrection · Registered office clause2 facts ▸
- Correction, “XN CONSTRUCT” (deed in Dutch)
- Registered office clause, “Temselaan 100 A, 1853 Strombeek Bever, Register van Rechtspersonen (Brussel)” (deed in Dutch)
03-05
Gazette deed
IncorporationAppointment: BARBOSA FREIRE SOUZA Hellion Nil (director) · Founder · Founding capital6 facts ▸
- Incorporation, “XN CONTRUCT” (deed in Dutch)
- Founder, BARBOSA FREIRE SOUZA Hellion Nil (sole founder)
- Founding capital, €2,500
- Other provision, “gemeen-recht, Wetboek-van-vennootschappen-en-verenigingen-voor-niet-voorziene” (deed in Dutch)
- Other provision, “inwerkingtreding-besluiten-comparant, artikel-2:6-WVV” (deed in Dutch)
- Director appointment, BARBOSA FREIRE SOUZA Hellion Nil (director)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1008.976.083
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23084B0061/00V000 | Flanders | 11.6 ha | 1 · 5,332 m² | 19.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle mogelijke verrichtingen en alle algemene of bijzondere aannemingen doen met betrekking tot de fabricatie,de afbraak,de constructie,de…” (deed in Dutch)
25 activities (deed in Dutch)
- Alle mogelijke verrichtingen en alle algemene of bijzondere aannemingen doen met betrekking tot de fabricatie,de afbraak,de constructie,de transformatie,de afwerking en decoratie van onroerende goederen evenals van roerende goederen die hiermee rechtstreeks of onrechtstreeks in verband staan
- Alle ruwbouwwerken
- Het aanleggen,onderhouden,wijzigen,enz...van alle dakwerken
- Het vervaardigen,plaatsen,onderhouden van ramen en deuren in hout en PVC
- Het aanleggen en onderhouden van opritten van ingangen en garages
- Het uitvoeren van de algemene schrijnwerkerij
- Het uitvoeren van lood,zink en roofingswerken
- Het uitvoeren van in het algemeen van alle werken in de bouwsector
- Graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- De montage van hangars,loodsen,schuren,silo’s enz… voor landbouwdoeleinde
- De bouw van tunnels voor spoorwegen- en autoverkeer en van overige ondergrondse doorgangen
- Overige gespecialiseerde werkzaamheden in de bouw
- Het aanbrengen in gebouwen en andere bouwwerken van thermische isolatiematerieel,isolatiemateriaal tegen het geluid en trillingen
- De installatie van stores en zonneschermen
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen- en buitendecoraties
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particulieren gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
- Al de werkzaamheden met betrekking tot de verdeling van water,gas,elektriciteit,enzovoort,waaronder ook alle elektriciteitswerken,loodgieterswerken,werken verband houdende met ontstoppingen;de vaststelling en exploitatie van alle mogelijke transportmiddelen,havens,kanalen,wegen,enzovoort
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het hertstel en de vernieuwing van kunstwerken en gebouwen
- De voorbereiding,de opstelling en het afsluiten,zowel als mandataris als voor eigen rekening,van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
- De vervreemding en de verwerving van evenals het vestigen van zakelijke en persoonlijke rechten op alle onroerende,waaronder de aankoop,de verkoop,verdeling,verkaveling,de verhuur en leasing,de negotiatie en promotie
- De verwerving en de vervreemding,waaronder klein- en groothandel in,en import en export van alle bouw-,afwerkings- en decoratiematerialen,en in het algemeen alle roerende goederen die rechtstreeks of onrechtstreeks met voornoemde activiteiten in verband staan
- Het bestuur en het beheer onder welke vorm ook van alle onroerende goederen
- De reiniging,het schoonmaken,het onderhoud,de verbetering,de desinfectering,van alle lokalen ruimtes en gebouwen in de meest ruime zin,zowel industrieel als commercieel,publiek of privé,evenals de reiniging en restauratie van gevels,vensters,glazen oppervlakken en ornamenten,zowel binnen als buiten,evenals de handel onder al haar vormen,met name de verkoop,aankoop,verhuur,huur,van alle producten en alle materiaal nodig of nuttig in het kader van deze werken,of welke daar rechtstreeks of onrechtstreeks mee in verband staan
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- XN CONTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan administratieve zetels creëren,zowel in België als in het buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaald of onbepaald, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voorzitter ondernemingsrechtbank zitting houdend zoals in kort geding tegen weigering instemming overdracht onder levenden, ten minste helft…” (deed in Dutch)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Verwezenlijking-actief-aanzuivering-passief-of-consignatie, aantal-bevoegdheid-bezoldigingen” (deed in Dutch)