XP MANAGEMENT
ActiveSummary
XP MANAGEMENT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,069) and a net result of -€35,164. Equity is shrinking by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 3243 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.6 in 2024; short-term debt: 688.5% and cash: 10.3% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-588.5%
Return on assets
-389.9%
Age of the figures
12 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€53,069
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
2 d early
2023
4 d early
2022
2 d late
2021
2 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
-€35,164▼ 52.9%
2024 · -€22,998
Working capital
-€58,196▼ 103%
2024 · -€28,680
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0
Operating result€17,234▲ 616%-€31,116€17,714-€22,451-€84,482▼ 276%
Net result€4,036within the sector's middle half▲ 131%-€31,766below the sector's middle half€4,989within the sector's middle half-€22,998below the sector's middle half-€35,164below the sector's middle half▼ 52.9%
Equity€31,871below the sector's middle half▲ 14.5%€104below the sector's middle half▼ 99.7%€5,093below the sector's middle half▲ 4,792%-€17,905below the sector's middle half-€53,069below the sector's middle half▼ 196%
Total assets€76,438below the sector's middle half▲ 42.1%€100,274below the sector's middle half▲ 31.2%€73,017below the sector's middle half▼ 27.2%€53,953below the sector's middle half▼ 26.1%€9,018below the sector's middle half▼ 83.3%
Debt€44,568▲ 71.7%€100,170▲ 125%€67,924▼ 32.2%€71,858▲ 5.8%€62,086▼ 13.6%
Working capital€685within the sector's middle half▼ 97.5%-€24,106within the sector's middle half-€11,697below the sector's middle half▲ 51.5%-€28,680below the sector's middle half▼ 145%-€58,196within the sector's middle half▼ 103%
Solvency41.7%within the sector's middle half▼ 10.1pp0.1%below the sector's middle half▼ 41.6pp7.0%below the sector's middle half▲ 6.9pp-33.2%below the sector's middle half▼ 40.2pp-588.5%below the sector's middle half▼ 555.3pp
Current ratio1.02within the sector's middle half▼ 1.060.76within the sector's middle half▼ 0.260.83below the sector's middle half▲ 0.070.60below the sector's middle half▼ 0.230.06below the sector's middle half▼ 0.54
Return on assets (ROA)5.3%within the sector's middle half▲ 2.0pp-31.7%below the sector's middle half▼ 37.0pp6.8%within the sector's middle half▲ 38.5pp-42.6%below the sector's middle half▼ 49.5pp-389.9%below the sector's middle half▼ 347.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €84,482 in 2025 against €22,451 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9,018
Fixed assets
€5,128 ▼ 52.4%
Current assets
€3,890 ▼ 91.0%
Key figures and ratios
EBITDA
-€76,662▼
2024 · -€15,237
Cash flow
-€27,344▼
2024 · -€15,783
Debt to equity
-1.17▲
2024 · -4.01
Interest coverage
-211.42▼
2024 · -68.59
Debt ≤ 1 year
€62,086▼
2024 · €71,858
Debt > 1 year
€0
Income taxes
€319▼
2024 · €327
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.0% |
| 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% 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 6,906 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €0 | - |
| Non-recurring operating income76A | €11,842 | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €25,093 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,515 | €7,311 | €7,420 | €7,215 | €7,820 | ▲ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€3,600 | - | - | -€11,346 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €0 | - |
| Other operating charges640/8 | €3,609 | €4,373 | €1,414 | €1,466 | €12,916 | ▲ 781% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | €0 | - |
| Non-recurring operating charges66A | - | - | - | - | €50,000 | - |
| Gross operating margin9900 | €25,358 | -€23,032 | €26,548 | -€13,770 | -€25,093 | ▼ 82.2% |
| Operating profit (loss)9901 | €17,234 | -€31,116 | €17,714 | -€22,451 | -€84,482 | ▼ 276% |
| Financial income75/76B | €1 | €3 | €0 | €2 | €0 | ▼ 100% |
| Recurring financial income75 | €1 | €3 | €0 | €2 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | - | - | €0 | - |
| Financial charges65/66B | €12,736 | €253 | €12,383 | €222 | -€49,637 | ▼ 22,445% |
| Recurring financial charges65 | €12,736 | €253 | €12,383 | €222 | €363 | ▲ 63.2% |
| Non-recurring financial charges66B | - | - | - | - | -€50,000 | - |
| Profit (loss) for the period before taxes9903 | €4,499 | -€31,366 | €5,331 | -€22,672 | -€34,845 | ▼ 53.7% |
| Transfer from deferred taxes780 | - | - | - | - | €0 | - |
| Transfer to deferred taxes680 | - | - | - | - | €0 | - |
| Income taxes67/77 | €463 | €400 | €342 | €327 | €319 | ▼ 2.2% |
| Profit (loss) for the period9904 | €4,036 | -€31,766 | €4,989 | -€22,998 | -€35,164 | ▼ 52.9% |
| Transfer from tax-exempt reserves789 | €1,258 | - | - | - | €0 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €5,294 | -€31,766 | €4,989 | -€22,998 | -€35,164 | ▼ 52.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,438 | €100,274 | €73,017 | €53,953 | €9,018 | ▼ 83.3% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €31,186 | €24,210 | €16,791 | €10,776 | €5,128 | ▼ 52.4% |
| Intangible fixed assets21 | - | - | - | €986 | €586 | ▼ 40.6% |
| Tangible fixed assets22/27 | €31,186 | €24,210 | €16,791 | €9,790 | €4,542 | ▼ 53.6% |
| Land and buildings22 | - | - | - | - | €0 | - |
| Plant, machinery and equipment23 | - | - | - | - | €0 | - |
| Furniture and vehicles24 | €31,186 | €24,210 | €16,791 | €9,790 | €4,542 | ▼ 53.6% |
| Leasing and similar rights25 | - | - | - | - | €0 | - |
| Other tangible fixed assets26 | - | - | - | - | €0 | - |
| Assets under construction and advance payments27 | - | - | - | - | €0 | - |
| Financial fixed assets28 | - | - | - | - | €0 | - |
| Current assets29/58 | €45,253 | €76,064 | €56,227 | €43,177 | €3,890 | ▼ 91.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €0 | - |
| Trade receivables290 | - | - | - | - | €0 | - |
| Other amounts receivable291 | - | - | - | - | €0 | - |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Stocks30/36 | - | - | - | - | €0 | - |
| Contracts in progress37 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €37,796 | €72,349 | €47,368 | €42,243 | €2,173 | ▼ 94.9% |
| Trade receivables40 | €18,698 | €31,952 | €27,322 | €25,805 | €0 | ▼ 100% |
| Other amounts receivable41 | €19,098 | €40,397 | €20,046 | €16,438 | €2,173 | ▼ 86.8% |
| Current investments50/53 | €300 | €300 | €162 | - | €0 | - |
| Cash at bank and in hand54/58 | €1,949 | €2,647 | €7,876 | €176 | €930 | ▲ 429% |
| Deferred charges and accrued income490/1 | €5,208 | €768 | €821 | €759 | €788 | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,438 | €100,274 | €73,017 | €53,953 | €9,018 | ▼ 83.3% |
| Equity10/15 | €31,871 | €104 | €5,093 | -€17,905 | -€53,069 | ▼ 196% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | - | - | - | €0 | - |
| Issued capital100 | - | - | - | - | €0 | - |
| Uncalled capital101 | - | - | - | - | €0 | - |
| Outside capital11 | - | - | - | - | €62,500 | - |
| Share premium1100/10 | - | - | - | - | €0 | - |
| Other1109/19 | - | - | - | - | €62,500 | - |
| Revaluation surpluses12 | - | - | - | - | €0 | - |
| Reserves13 | €101,050 | €101,050 | €101,050 | €101,050 | €101,050 | = |
| Non-distributable reserves130/1 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | - | - | - | - | €0 | - |
| Reserves not available under the articles1311 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Own shares acquired1312 | - | - | - | - | €0 | - |
| Financial assistance1313 | - | - | - | - | €0 | - |
| Other1319 | - | - | - | - | €0 | - |
| Tax-exempt reserves132 | €17,492 | €17,492 | €17,492 | €17,492 | €17,492 | = |
| Distributable reserves133 | €77,308 | €77,308 | €77,308 | €77,308 | €77,308 | = |
| Profit (loss) carried forward14 | -€131,680 | -€163,446 | -€158,457 | -€181,455 | -€216,619 | ▼ 19.4% |
| Investment grants15 | - | - | - | - | €0 | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €0 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €0 | - |
| Pensions and similar obligations160 | - | - | - | - | €0 | - |
| Taxes161 | - | - | - | - | €0 | - |
| Major repairs and maintenance162 | - | - | - | - | €0 | - |
| Environmental obligations163 | - | - | - | - | €0 | - |
| Other liabilities and charges164/5 | - | - | - | - | €0 | - |
| Deferred taxes168 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €44,568 | €100,170 | €67,924 | €71,858 | €62,086 | ▼ 13.6% |
| Amounts payable after more than one year17 | - | - | - | - | €0 | - |
| Financial debts170/4 | - | - | - | - | €0 | - |
| Trade debts175 | - | - | - | - | €0 | - |
| Advances received on contracts in progress176 | - | - | - | - | €0 | - |
| Other amounts payable178/9 | - | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €44,568 | €100,170 | €67,924 | €71,858 | €62,086 | ▼ 13.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0 | - |
| Financial debts43 | €500 | €638 | €45 | €356 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | €0 | - |
| Other loans439 | €500 | €638 | €45 | €356 | €0 | ▼ 100% |
| Trade debts44 | €19,335 | €4,126 | €4,333 | €1,352 | €2,410 | ▲ 78.3% |
| Suppliers440/4 | €19,335 | €4,126 | €4,333 | €1,352 | €2,410 | ▲ 78.3% |
| Bills of exchange payable441 | - | - | - | - | €0 | - |
| Advances received on contracts in progress46 | - | €17,286 | - | - | €0 | - |
| Taxes, remuneration and social security45 | €477 | €400 | €6,113 | €326 | €282 | ▼ 13.6% |
| Taxes450/3 | €477 | €400 | €6,113 | €326 | €282 | ▼ 13.6% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | €24,255 | €77,720 | €57,433 | €69,823 | €59,394 | ▼ 14.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,036 | -€31,766 | €4,989 | -€22,998 | -€35,164 | ▼ 52.9% |
| + Depreciation and write-downs630 | €4,515 | €7,311 | €7,420 | €7,215 | €7,820 | ▲ 8.4% |
| Operating cash flow (approximation) | €8,550 | -€24,455 | €12,409 | -€15,783 | -€27,344 | ▼ 73.2% |
| Investment in fixed assets (approximation) | - | -€336 | €0 | -€1,200 | -€2,172 | ▼ 81.0% |
| Change in cash | - | €699 | €5,229 | -€7,700 | €754 | ▲ 110% |
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
30-09
Financial
Weakest financial yearnet -€35,164
Net result drops to -€35,164, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €4,989
Net result €4,989 after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Back to profitnet €1,745
Net result €1,745 after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Verviers · 1 establishment unit since 2010
Ground area
1,558 m²
Building footprint
190 m²
Volume, LiDAR
1,103 m³
Parcel 63079D0409/00D003, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
XP MANAGEMENT
since 20102.192.967.387
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079D0409/00D003 | Wallonia | 1,558 m² | 1 · 190 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 15,767 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 (pre-2019)
Founded07-10-2010
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830025436
Registered
26-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.