Turnover
≈ €250,000 estimated
The micro format states no turnover.
XODE
Overview
Lifetime
1 annual account with figurespeak €83,254 (2025)
€83,254
peak €61,203 (2025)
€61,203
peak €66,203 (2025)
€66,203
€29,326
Board1 name since 2024
1 directorOTTER Xavier Gérard Jacques
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€61,203
Higher net result than 88% of companies in other professional activities. Sector median €9,321 · 4,357 companies.
Checked score
97
Excellent
Financially stronger than 79% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.9%
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026highest value
07-2026: < 0.1%▼ -1.2 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 3.22, cash €70,664
Sector: Other professional, scientific and technical activities (NACE 74)
Equity €66,203 (69.3% of total assets)
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 74, micro). It does better than 71% of them on solvency, 80% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as XODE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of XODE itself is lower: 0.1% within 12 months. It rests on far more data about XODE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for XODE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.22, above the usual 1.5. Short-term debt is 30.5% and cash 74% of total assets. 30.7% of the assets are financed with debt and provisions.
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
42 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015553673
Incorporation
Founding capital of €5,000, 100 shares · Founder: OTTER Xavier Gérard Jacques (comparant fondateur) · Appointment: OTTER Xavier Gérard Jacques (director) · published on 28-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XODE Estaimpuis | €95,530 | €83,254 | 69.3% | - |
| ARCENI Binche | €104,721 | €89,514 | 64.5% | - |
| Clerckx Consulting Bruges | €88,100 | €78,968 | 74.2% | - |
| ADRIEN BR Eghezée | €97,853 | €69,347 | 40.0% | - |
| EASY-CERTIF Seraing | €99,108 | €76,965 | 93.4% | - |
| WILLIAM DENIS Braine-l'Alleud | €80,502 | €79,324 | 79.2% | - |
| Huyck Energie Consulting Londerzeel | €78,587 | €77,123 | 68.3% | - |
These companies have the same main activity as XODE: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €78,600 and €105,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 24-10-2024Normal situation
- Activity
- Other professional, scientific and technical activitiesNACE 74999and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2025
Annual accounts 2025
- €83,254
- €61,203
- €66,203
- €95,530
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on XODE
XODE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,203 and a net result of €61,203.
Its solvency ranks better than 70% of 4,362 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 19-06-2026, 42 days before the deadline€83,254
€79,684
€61,203
€64,681
69.3%
3.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €170,000 and €430,000.
Balance sheet
balance sheet total €95,530 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
69.3%
Higher than 70% of 4,362 companies in 2025.
3.22
Higher than 69% of 4,194 companies in 2025.
64.1%
Higher than 95% of 4,224 companies in 2025.
XODE
Middle half of the sector
80% of the sector
Micro accounts in other professional activities (NACE 74)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
95,530 | |
21/28 |
1,748 | |
22/27 |
1,748 | |
24 |
1,748 | |
29/58 |
93,782 | |
40/41 |
19,792 | |
40 |
19,792 | |
54/58 |
70,664 | |
490/1 |
3,325 | |
| Balance sheet: equity and liabilities | ||
10/49 |
95,530 | |
10/15 |
66,203 | |
10/11 |
5,000 | |
13 |
61,203 | |
133 |
61,203 | |
17/49 |
29,326 | |
42/48 |
29,100 | |
44 |
1,438 | |
440/4 |
1,438 | |
45 |
26,687 | |
450/3 |
24,172 | |
454/9 |
2,515 | |
47/48 |
975 | |
492/3 |
226 | |
| Income statement | ||
9900 |
83,254 | |
630 |
2,400 | |
640/8 |
1,170 | |
9901 |
79,684 | |
65/66B |
733 | |
65 |
733 | |
9903 |
78,951 | |
67/77 |
17,748 | |
9904 |
61,203 | |
9905 |
61,203 | |
| Appropriation of the result | ||
9906 |
61,203 | |
691/2 |
61,203 | |
6921 |
61,203 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00196984 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 82,084 | ||
| 63,603 | ||
| 1,919 | ||
| 64,681 | ||
| 69.3% | ||
| 3.22 | ||
| 0.44 | ||
| 92.4% | ||
| 64.1% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,919 |
| €2,400 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on XODE
Debt's share of the balance-sheet total is 30.7%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-10-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 19-06-2026
Mandates through the years
1 name, the dashed line is todayOTTER Xavier Gérard Jacques
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- OTTER Xavier Gérard Jacques
- Director (not named in the articles), from 24-10-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €662 in 2025
- Source
- deed of 28-10-2024
Articles of association
deed of 28-10-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, cessions entre vifs onéreux gratuit volontaires forcées exclusion retrait usufruit…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-10-2024 ↗
- OTTER Xavier Gérard Jacques 100 shares (100%) · €5,000 in cash
Network & group
No group
XODE has no parent and no holdings in its annual accounts. OTTER Xavier Gérard Jacques is the only director. XODE shares no director with another company.
Timeline
Timeline
3 events since 2024Filings
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 42 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015553673
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: OTTER Xavier Gérard Jacques (comparant fondateur) · Appointment: OTTER Xavier Gérard Jacques (director) · published on 28-10-20244 points ▸
- Founder, OTTER Xavier Gérard Jacques (comparant fondateur)
- Founding capital, €5,000, 100 shares
- Registered office clause, Rue Marcel Nottebaert 7A, 7730 Estaimpuis (Bailleul)
- Director appointment, OTTER Xavier Gérard Jacques (director (not named in the articles))
- The deed holds 6 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1015.553.673
- VAT number
- BE 1015.553.673
- Peppol ID
- 0208:1015553673
- Other Peppol ID
- 9925:BE1015553673
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 28-10-2024 (in French)
- Peppol
- Reachable since 23-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- XODE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-10-2024 (in French)
Activities
NACEBEL 202574999
Other professional, scientific and technical activities main activity
Codes under NACEBEL 2008
74909
Other professional, scientific and technical activities main activity
82990
Other business support services
Registered office and establishments
| Rue Marcel Nottebaert 7A registered office 7730 Estaimpuis |
Buildings and parcels at the address
- Ground area
- 1,381 m²
- Buildings
- 229 m²
- Volume, LiDAR
- 1,143 m³
- Tallest building
- 7.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57004B0070/00G000 | 1,381 m² | 1 · 229 m² | 7.2 m · 2 |