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XP-Projects

Active
Private limited company (pre-2019)founded 2010active for 16 yearsKBO/BCE: BE 0827.565.101
Summary

The computed 12-month bankruptcy probability of XP-Projects is 19.8% (high). For XP-Projects, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €99,318 and a net result of €16,841. Equity is growing by about 51% per year across the filed financial years. The company has been active since 2010 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 24 October 2026.

Equity
€99,318▲ 20.4%
2022 · €82,477
Total assets
€192,324▲ 17.2%
2022 · €164,135
Net result
€16,841▼ 40.1%
2022 · €28,137
Working capital
€101,702▲ 17.5%
2022 · €86,577
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result falls in 2023; 2023 is 38% below 2022.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€26,102 2023 Net result€16,841 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result€10,623-€1,244▼ 88.3%€16,534▲ 1,230%€26,211▲ 58.5%€42,152▲ 60.8%€26,102▼ 38.1%
Net result€3,519-€2,043▼ 41.9%€14,175▲ 594%€22,245▲ 56.9%€28,137▲ 26.5%€16,841▼ 40.1%
Equity€15,877-€17,920▲ 12.9%€32,096▲ 79.1%€54,340▲ 69.3%€82,477▲ 51.8%€99,318▲ 20.4%
Total assets€104,421-€97,754▼ 6.4%€111,045▲ 13.6%€140,342▲ 26.4%€164,135▲ 17.0%€192,324▲ 17.2%
Debt€88,544-€79,833▼ 9.8%€78,949▼ 1.1%€86,002▲ 8.9%€81,658▼ 5.1%€93,007▲ 13.9%
Working capital€20,338-€17,229▼ 15.3%€29,691▲ 72.3%€55,486▲ 86.9%€86,577▲ 56.0%€101,702▲ 17.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €192,324
Fixed assets €500 =
Current assets €191,824 ▲ 17.2%
Equity and liabilities €192,324
Equity €99,318 ▲ 20.4%
Debt €93,007 ▲ 13.9%
Debt's share of the balance-sheet total falls from 49.8% to 48.4%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
2.13▲
2022 · 2.12
Debt to equity
0.94▼
2022 · 0.99
ROE
17.0%▼
2022 · 34.1%
ROA
8.8%▼
2022 · 17.1%
Debt ≤ 1 year
€90,122▲
2022 · €77,058
Income taxes
€11,743▲
2022 · €10,960
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€164,135€192,324▲
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€163,635€191,824▲
Amounts receivable after more than one year29€150,000€180,000▲
Other amounts receivable291€150,000€180,000▲
Amounts receivable within one year40/41€8,510€7,436▼
Trade receivables40€852€1,208▲
Other amounts receivable41€7,658€6,228▼
Cash at bank and in hand54/58€1,879-
Deferred charges and accrued income490/1€3,246€4,388▲
Equity and liabilities
Total equity and liabilities10/49€164,135€192,324▲
Equity10/15€82,477€99,318▲
Contributions10/11€18,600€18,600=
Reserves13€63,877€80,718▲
Distributable reserves133€63,877€80,718▲
Amounts payable17/49€81,658€93,007▲
Amounts payable within one year42/48€77,058€90,122▲
Financial debts43€49,999€50,093▲
Credit institutions430/8€49,999€50,093▲
Trade debts44€4,910€5,873▲
Suppliers440/4€4,910€5,873▲
Taxes, remuneration and social security45€22,148€34,157▲
Taxes450/3€22,148€34,157▲
Accrued charges and deferred income492/3€4,600€2,884▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€754-
Other operating charges640/8€1,301€1,778▲
Non-recurring operating charges66A-€912
Gross operating margin9900€44,207€28,793▼
Operating profit (loss)9901€42,152€26,102▼
Financial income75/76B€3,246€3,300▲
Recurring financial income75€3,246€3,300▲
Financial charges65/66B€6,301€818▼
Recurring financial charges65€5,217€818▼
Non-recurring financial charges66B€1,084-
Profit (loss) for the period before taxes9903€39,097€28,584▼
Income taxes67/77€10,960€11,743▲
Profit (loss) for the period9904€28,137€16,841▼
Profit (loss) for the period to be appropriated9905€28,137€16,841▼
Appropriation of the result
Profit (loss) to be appropriated9906€28,137€16,841▼
Transfer to equity691/2€28,137€16,841▼
To other reserves6921€28,137€16,841▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€795€795€1,041€1,000€754--
Other operating charges640/8---€655€1,301€1,778▲ 36.7%
Non-recurring operating charges66A---€3,040-€912-
Gross operating margin9900€12,034€2,816€20,250€30,906€44,207€28,793▼ 34.9%
Operating profit (loss)9901€10,623€1,244€16,534€26,211€42,152€26,102▼ 38.1%
Financial income75/76B---€7,464€3,246€3,300▲ 1.7%
Recurring financial income75€3,493€5,382€6,812€7,464€3,246€3,300▲ 1.7%
Financial charges65/66B---€2,927€6,301€818▼ 87.0%
Recurring financial charges65€3,575€3,711€3,781€2,927€5,217€818▼ 84.3%
Non-recurring financial charges66B----€1,084--
Profit (loss) for the period before taxes9903€3,990€2,915€19,565€30,748€39,097€28,584▼ 26.9%
Income taxes67/77€471€871€5,389€8,503€10,960€11,743▲ 7.1%
Profit (loss) for the period9904€3,519€2,043€14,175€22,245€28,137€16,841▼ 40.1%
Profit (loss) for the period to be appropriated9905€3,519€2,043€14,175€22,245€28,137€16,841▼ 40.1%
Line201820192020202120222023Change
Assets
Total assets20/58€104,421€97,754€111,045€140,342€164,135€192,324▲ 17.2%
Fixed assets21/28€2,091€1,295€3,204€1,254€500€500=
Tangible fixed assets22/27€1,591€795€2,704€754---
Furniture and vehicles24---€754---
Financial fixed assets28€500€500€500€500€500€500=
Current assets29/58€102,330€96,458€107,841€139,088€163,635€191,824▲ 17.2%
Amounts receivable after more than one year29----€150,000€180,000▲ 20.0%
Other amounts receivable291----€150,000€180,000▲ 20.0%
Amounts receivable within one year40/41€100,178€94,306€98,881€129,535€8,510€7,436▼ 12.6%
Trade receivables40----€852€1,208▲ 41.8%
Other amounts receivable41---€129,535€7,658€6,228▼ 18.7%
Cash at bank and in hand54/58€2,152€2,152€2,152€2,152€1,879--
Deferred charges and accrued income490/1---€7,401€3,246€4,388▲ 35.2%
Equity and liabilities
Total equity and liabilities10/49€104,421€97,754€111,045€140,342€164,135€192,324▲ 17.2%
Equity10/15€15,877€17,920€32,096€54,340€82,477€99,318▲ 20.4%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600=
Reserves13--€13,496€35,740€63,877€80,718▲ 26.4%
Distributable reserves133---€35,740€63,877€80,718▲ 26.4%
Profit (loss) carried forward14-€2,723-€680-€2,723----
Amounts payable17/49€88,544€79,833€78,949€86,002€81,658€93,007▲ 13.9%
Amounts payable within one year42/48€81,993€79,229€78,150€83,602€77,058€90,122▲ 17.0%
Financial debts43---€53,614€49,999€50,093▲ 0.2%
Credit institutions430/8---€53,614€49,999€50,093▲ 0.2%
Trade debts44€8,552€5,640€5,733€7,128€4,910€5,873▲ 19.6%
Suppliers440/4---€7,128€4,910€5,873▲ 19.6%
Advances received on contracts in progress46---€6,950---
Taxes, remuneration and social security45---€15,910€22,148€34,157▲ 54.2%
Taxes450/3---€15,910€22,148€34,157▲ 54.2%
Accrued charges and deferred income492/3---€2,400€4,600€2,884▼ 37.3%
Line201820192020202120222023Change
Profit (loss) for the period9904€3,519€2,043€14,175€22,245€28,137€16,841▼ 40.1%
+ Depreciation and write-downs630€795€795€1,041€1,000€754--
Operating cash flow (approximation)€4,314€2,838€15,216€23,245€28,891€16,841▼ 41.7%
Investment in fixed assets (approximation)-€0-€2,950€950€0€0-
Change in cash-€0€0€0-€273--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 31-12-2024 2025-00001425
31-12-2022 micro format 06-03-2024 2024-00039869
31-12-2021 micro format 11-07-2023 2023-00229928
31-12-2020 micro format 03-03-2022 2022-06900331
31-12-2019 micro format 25-05-2021 2021-14900536
31-12-2018 micro format 26-03-2021 2021-09000408
31-12-2017 micro format 30-04-2019 2019-11600312
31-12-2016 micro format 30-04-2019 2019-11600311
31-12-2015 abbreviated format 06-11-2016 2016-67800071
31-12-2014 abbreviated format 30-09-2015 2015-64000260

Show all 13 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.