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XP CONSULTING

Active
Private limited companyfounded 201015 yrs activeOscar Roelsstraat 7, 9050 Gent, BelgiumKBO/BCE: BE 0829.475.110

XP CONSULTING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72k and a net result of €11k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
85 / 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-15
Solvency64▼-7
Growth73▲+5
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.0 in 2023), but 69.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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
30.5%
Return on assets
4.9%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
139 d late
2023
88 d late
2022
83 d late
2021
17 d late
2020
141 d late
2019
42 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
€579k▲ 35.9%
2023 · €426k
2018: €337k 2019: €296k 2020: €479k 2021: €577k 2022: €436k 2023: €426k
2018 → 2024
EBIT margin
3.8%▼ 2.8pp
2023 · 6.5%
2018: 1.4% 2019: 2.3% 2020: 2.5% 2021: 1.4% 2022: 2.8% 2023: 6.5%
2018 → 2024
Net result
€11k▼ 34.7%
2023 · €17k
2018: €853 2019: €1k 2020: €7k 2021: €6k 2022: €7k 2023: €17k
2018 → 2024
Working capital
€97k▲ 1.5%
2023 · €95k
2018: €37k 2019: €22k 2020: €15k 2021: €36k 2022: €82k 2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€479k-€577k▲ 20.4%€436k▼ 24.3%€426k▼ 2.4%€579k▲ 35.9%
Equity€31k-€36k▲ 18.7%€43k▲ 18.2%€60k▲ 40.8%€72k▲ 18.9%
Operating result€12k-€8k▼ 31.4%€12k▲ 49.5%€28k▲ 125%€22k▼ 21.5%
Net result€7k-€6k▼ 21.0%€7k▲ 15.8%€17k▲ 165%€11k▼ 34.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2020: €12k€12kNet result 2020: €7k€7kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €12k€12kNet result 2022: €7k€7kOperating result 2023: €28k€28kNet result 2023: €17k€17kOperating result 2024: €22k€22kNet result 2024: €11k€11k20202021202220232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €235k
Fixed assets €3k▼ 5.7%
Current assets €232k▲ 21.8%
Equity and liabilities €235k
Equity €72k▲ 18.9%
Debt €163k▲ 22.4%
The debt ratio rises from 68.9% to 69.5%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€24k
2023 · €29k
Cash flow
€13k
2023 · €19k
Solvency
30.5%
2023 · 31.1%
Current ratio
1.72
2023 · 2.00
Quick ratio
1.37
2023 · 1.53
Debt / equity
2.28
2023 · 2.22
ROE
15.9%
2023 · 29.0%
ROA
4.9%
2023 · 9.0%
Interest coverage
4.36
2023 · 8.86
Debt
€163k
2023 · €134k
Debt ≤ 1 year
€135k
2023 · €95k
Debt > 1 year
€28k
2023 · €38k
Income taxes
€5k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€194k€235k
Fixed assets21/28€3k€3k
Intangible fixed assets21€1k€640
Tangible fixed assets22/27€2k€3k
Plant, machinery and equipment23€463€1k
Furniture and vehicles24€1k€1k
Other tangible fixed assets26€0€0=
Current assets29/58€190k€232k
Stocks and contracts in progress3€45k€47k
Stocks30/36€45k€47k
Amounts receivable within one year40/41€89k€61k
Trade receivables40€76k€55k
Other amounts receivable41€13k€5k
Cash at bank and in hand54/58€52k€121k
Deferred charges and accrued income490/1€4k€4k=
Equity and liabilities
Total equity and liabilities10/49€194k€235k
Equity10/15€60k€72k
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k-
Reserves not available under the articles1311€1k-
Distributable reserves133-€1k
Profit (loss) carried forward14€40k€52k
Amounts payable17/49€134k€163k
Amounts payable after more than one year17€38k€28k
Financial debts170/4€28k€18k
Other amounts payable178/9€10k€10k=
Amounts payable within one year42/48€95k€135k
Current portion of amounts payable after more than one year42€16k€10k
Trade debts44€70k€105k
Suppliers440/4€70k€105k
Taxes, remuneration and social security45€9k€20k
Taxes450/3€9k€20k
Accrued charges and deferred income492/3€200€200=
Income statement Code20232024
Turnover70€426k€579k
Non-recurring operating income76A€29k€3k
Goods, raw materials, services and sundry goods60/61€422k€557k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Other operating charges640/8€1k€421
Non-recurring operating charges66A€3k€0
Gross operating margin9900€33k€24k
Operating profit (loss)9901€28k€22k
Financial income75/76B€54€3
Recurring financial income75€54€3
Financial charges65/66B€3k€5k
Recurring financial charges65€3k€5k
Profit (loss) for the period before taxes9903€25k€16k
Income taxes67/77€7k€5k
Profit (loss) for the period9904€17k€11k
Profit (loss) for the period to be appropriated9905€17k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€40k€52k
Profit (loss) brought forward from the previous period14P€23k€40k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 139 days late
2024
27-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 88 days late
2023
31-12
Financial Highest result since 2018net €17k ▲165%
Operating result €28k, net result €17k, both a record.
22-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 83 days late
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
19-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 141 days late
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 78 days late
28-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 240 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
VANHOLLEBEKE Xavier
Non-statutory director · since 17-04-2025
Current
17-04-2025 Resigned as Director (executive)
17-04-2025 Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2010
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oscar Roelsstraat 79050 Gent
Ground area
926 m²
Building footprint
155 m²
Volume, LiDAR
758 m³
Parcel 44022A0478/00T000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XP TECHNICS
Oscar Roelsstraat 7, 9050 GentSpecialised construction activities
since 20102.192.541.676
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44022A0478/00T000 Flanders 926 m² 1 · 155 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,720 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-09-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46474Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.