XOLUTION
ActiveSummary
XOLUTION has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-15
Solvency57▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.91 against 3.73 in 2024; short-term debt: 25.3% and cash: 60.3% of total assets), but 68.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
31.7%
Return on assets
6.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €57k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
28 d late
2023
16 d early
2022
31 d late
2021
31 d late
2020
30 d late
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 23.3%
2024 · €46k
Total assets
€179k▲ 3.9%
2024 · €172k
Net result
€12k▼ 61.9%
2024 · €33k
Working capital
€131k▲ 4.4%
2024 · €126k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28k€-1k€5k€33k▲ 604%€11k▼ 65.2%
Net result€27k€-2k€4k€33k▲ 750%€12k▼ 61.9%
Equity€15k€12k▼ 18.0%€15k▲ 24.6%€46k▲ 203%€57k▲ 23.3%
Total assets€149k▲ 33.9%€142k▼ 4.7%€162k▲ 14.1%€172k▲ 6.1%€179k▲ 3.9%
Debt€134k▲ 9.1%€130k▼ 3.2%€147k▲ 13.1%€126k▼ 14.2%€122k▼ 3.1%
Working capital€110k▲ 60.6%€100k▼ 8.8%€107k▲ 6.5%€126k▲ 18.1%€131k▲ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€2k ▲ 1,649%
Current assets
€177k ▲ 2.7%
Equity and liabilities €179k
Equity
€57k ▲ 23.3%
Debt
€122k ▼ 3.1%
Debt's share of the balance-sheet total falls from 73.3% to 68.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €33k
Cash flow
€13k▼
2024 · €33k
Current ratio
3.91▲
2024 · 3.73
Debt to equity
2.16▼
2024 · 2.75
ROE
21.8%▼
2024 · 70.8%
ROA
6.9%▼
2024 · 18.9%
Interest coverage
48.70▲
2024 · 27.19
Debt ≤ 1 year
€45k▼
2024 · €46k
Debt > 1 year
€50k▼
2024 · €80k
Income taxes
€132▼
2024 · €224
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €11k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1k | €274 | €565 | €205 | ▼ 63.7% |
| Other operating charges640/8 | €858 | €763 | €1k | €798 | €1k | ▲ 29.6% |
| Gross operating margin9900 | €29k | €691 | €6k | €34k | €13k | ▼ 63.0% |
| Operating profit (loss)9901 | €28k | €-1k | €5k | €33k | €11k | ▼ 65.2% |
| Financial income75/76B | €384 | €383 | €728 | €1k | €1k | ▲ 15.6% |
| Recurring financial income75 | €384 | €383 | €728 | €1k | €1k | ▲ 15.6% |
| Financial charges65/66B | €1k | €778 | €1k | €1k | €238 | ▼ 80.6% |
| Recurring financial charges65 | €1k | €778 | €1k | €1k | €238 | ▼ 80.6% |
| Profit (loss) for the period before taxes9903 | €28k | €-2k | €4k | €33k | €13k | ▼ 61.8% |
| Income taxes67/77 | €219 | €238 | €246 | €224 | €132 | ▼ 41.0% |
| Profit (loss) for the period9904 | €27k | €-2k | €4k | €33k | €12k | ▼ 61.9% |
| Profit (loss) for the period to be appropriated9905 | €27k | €-2k | €4k | €33k | €12k | ▼ 61.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149k | €142k | €162k | €172k | €179k | ▲ 3.9% |
| Fixed assets21/28 | - | €6k | €696 | €132 | €2k | ▲ 1,649% |
| Tangible fixed assets22/27 | - | €6k | €696 | €132 | €2k | ▲ 1,649% |
| Furniture and vehicles24 | - | €6k | €696 | €132 | €2k | ▲ 1,649% |
| Current assets29/58 | €149k | €136k | €161k | €172k | €177k | ▲ 2.7% |
| Amounts receivable after more than one year29 | €25k | €26k | €31k | €32k | €32k | ▲ 1.5% |
| Other amounts receivable291 | €25k | €26k | €31k | €32k | €32k | ▲ 1.5% |
| Amounts receivable within one year40/41 | €40k | €12k | €53k | €19k | €35k | ▲ 85.6% |
| Trade receivables40 | €20k | €10k | €48k | €16k | €28k | ▲ 78.8% |
| Other amounts receivable41 | €20k | €2k | €5k | €4k | €8k | ▲ 116% |
| Current investments50/53 | €22 | €22 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €83k | €95k | €77k | €119k | €108k | ▼ 9.3% |
| Deferred charges and accrued income490/1 | €374 | €3k | €426 | €2k | €1k | ▼ 43.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149k | €142k | €162k | €172k | €179k | ▲ 3.9% |
| Equity10/15 | €15k | €12k | €15k | €46k | €57k | ▲ 23.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €56k | €55k | €54k | €52k | €52k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €54k | €53k | €54k | €52k | €52k | = |
| Profit (loss) carried forward14 | €-53k | €-55k | €-51k | €-19k | €-8k | ▲ 57.5% |
| Amounts payable17/49 | €134k | €130k | €147k | €126k | €122k | ▼ 3.1% |
| Amounts payable after more than one year17 | €80k | €80k | €80k | €80k | €50k | ▼ 37.5% |
| Financial debts170/4 | €80k | €80k | €80k | €80k | €50k | ▼ 37.5% |
| Amounts payable within one year42/48 | €39k | €36k | €55k | €46k | €45k | ▼ 2.1% |
| Financial debts43 | €21 | €0 | - | - | - | - |
| Credit institutions430/8 | €21 | €0 | - | - | - | - |
| Trade debts44 | €3k | €8k | €17k | €6k | €3k | ▼ 42.2% |
| Suppliers440/4 | €3k | €8k | €17k | €6k | €3k | ▼ 42.2% |
| Taxes, remuneration and social security45 | €9k | €1k | €9k | €11k | €11k | ▲ 2.1% |
| Taxes450/3 | €9k | €1k | €9k | €11k | €11k | ▲ 2.1% |
| Other amounts payable47/48 | €27k | €27k | €29k | €29k | €31k | ▲ 4.5% |
| Accrued charges and deferred income492/3 | €15k | €14k | €12k | €0 | €27k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €-2k | €4k | €33k | €12k | ▼ 61.9% |
| + Depreciation and write-downs630 | - | €1k | €274 | €565 | €205 | ▼ 63.7% |
| Operating cash flow (approximation) | €27k | €-704 | €4k | €33k | €13k | ▼ 62.0% |
| Investment in fixed assets (approximation) | - | - | €5k | €0 | €-2k | - |
| Change in cash | - | €12k | €-18k | €42k | €-11k | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €33k ▲750%
Net result €33k, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Nazareth-De Pinte · 1 establishment unit since 2001
Ground area
1,409 m²
Building footprint
186 m²
Volume, LiDAR
1,015 m³
Parcel 44018A0302/00M000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sint-Annastraat 9, 9810 Nazareth-De Pinte
since 20012.100.382.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0302/00M000 | Flanders | 1,409 m² | 1 · 186 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BOUGIE
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,394 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
Founded28-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
15120Manufacture of leather and related products
47722Retail trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.