XP-Projects
ActiveSummary
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).
Overview
Activity
Activity not known1 site
Size
≈ €120,000turnover 2023, estimated
- Equity
- €99,318
- Profit
- €16,841
Turnover estimated from the gross margin
Financial health
- Bankruptcy probabilitywithin 12 months
- 19.8%
2023 figures too old to score
Structure
2024 accounts not filed, 456 days past the deadline6 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 08-01-2025)2 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 lateEx-officio strike-off in the KBOLiquidity: current ratio 2.13Two or more financial years not filed2023 accounts filed 153 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
77+2
equity 51.6% of total assets
Liquidity
54+26
short-term debt 46.9%
Profitability
59-31
return on assets 8.8%
Bankruptcy probability, 12 months
19.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.3%
12-2024: 7.8%▲ +1.5 percentage points vs 11-2024
01-2025: 10.5%▲ +2.7 percentage points vs 12-2024
02-2025: 4.5%▼ -6.0 percentage points vs 01-2025
03-2025: 4.5%● unchanged vs 02-2025
04-2025: 4.5%● unchanged vs 03-2025
05-2025: 4.1%▼ -0.4 percentage points vs 04-2025
06-2025: 3.9%▼ -0.2 percentage points vs 05-2025
07-2025: 3.9%● unchanged vs 06-2025lowest value
08-2025: 4.6%▲ +0.7 percentage points vs 07-2025
09-2025: 5.0%▲ +0.4 percentage points vs 08-2025
10-2025: 5.7%▲ +0.7 percentage points vs 09-2025
11-2025: 5.9%▲ +0.2 percentage points vs 10-2025
12-2025: 7.1%▲ +1.2 percentage points vs 11-2025
01-2026: 10.4%▲ +3.3 percentage points vs 12-2025
02-2026: 10.2%▼ -0.2 percentage points vs 01-2026
03-2026: 10.4%▲ +0.2 percentage points vs 02-2026
04-2026: 9.7%▼ -0.7 percentage points vs 03-2026
05-2026: 9.7%● unchanged vs 04-2026
06-2026: 9.6%▼ -0.1 percentage points vs 05-2026
07-2026: 9.6%● unchanged vs 06-2026
08-2026: 20.1%▲ +10.5 percentage points vs 07-2026highest value
09-2026: 20.1%● unchanged vs 08-2026highest value
10-2026: 19.8%▼ -0.3 percentage points vs 09-2026
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Signals
Seven signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline30-10-2026 today
raises risk · 2023 accounts filed 153 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
153 days late
2022
219 days late
2021
345 days late
2020
215 days late
2019
298 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 246 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckDisselstraat 46 3500 L’adresse du…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
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 30 October 2026.
Turnover
≈ €120,000
Estimated: probably between €70,000 and €210,000
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
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€192,324
2023
Equity€99,318
2023
Debt€93,007
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€101,702
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▲ 13×€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. The turnover shown is an estimate from the gross margin.
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
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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - |
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| 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.
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 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
06-07
KBO administration
Address struck
Disselstraat 46 3500 L’adresse du siège Disselstraat 46 3500 Disselstraat 46, 3500 Hasselt
Hasselt werd doorgehaald met ingang van Hasselt · event 05-05-2026
2024
31-12
NBB filing
Annual accounts filed
financial year 2023 · micro format · 153 days late
06-03
NBB filing
Annual accounts filed
financial year 2022 · micro format · 219 days late
2023
11-07
NBB filing
Annual accounts filed
financial year 2021 · micro format · 345 days late
2022
31-12
Financial
Highest result from 2018 to 2023net €28,137 ▲26.5%
Operating result €42,152, net result €28,137, both a record.
03-03
NBB filing
Annual accounts filed
financial year 2020 · micro format · 215 days late
2021
25-05
NBB filing
Annual accounts filed
financial year 2019 · micro format · 298 days late
26-03
NBB filing
Annual accounts filed
financial year 2018 · micro format · 604 days late
2019
31-12
Financial
Weakest financial yearnet €2,043 ▼41.9%
Net result drops to €2,043, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
financial year 2017 · micro format · 273 days late
30-04
NBB filing
Annual accounts filed
financial year 2016 · micro format · 638 days late
2016
06-11
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 98 days late
2015
30-09
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-2010
Financial year end31-12
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2010
Ground area
395 m²
Building footprint
91 m²
Building volume
501 m³
Parcel 71052C0042/00S004, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
1 establishment unit
XP-Projects
since 2010unit no. 2.190.329.977
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71052C0042/00S004 | Flanders | 395 m² | 1 · 91 m² | 7.9 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.