Xplicite
ActiveSummary
Xplicite has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,720 and a net result of €241,670. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 25% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+31
Solvency46▼-41
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 2.03 in 2024; short-term debt: 77.2% and cash: 55.3% of total assets), and 78.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
21.2%
Return on assets
42.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
26 d late
2024
16 d early
2023
5 d early
2022
6 d early
2021
3 d early
2020
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€119,720▼ 50.8%
2024 · €243,149
Total assets
€565,199▲ 44.0%
2024 · €392,502
Net result
€241,670▲ 20,157%
2024 · €1,193
Working capital
€31,629▼ 76.3%
2024 · €133,319
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Operating result€96,601▼ 15.4%€105,832▲ 9.6%-€54,073€6,673€318,021▲ 4,666%
Net result€74,034above the sector's middle half▼ 15.4%€86,395above the sector's middle half▲ 16.7%-€55,999below the sector's middle half€1,193within the sector's middle half€241,670above the sector's middle half▲ 20,157%
Equity€211,560above the sector's middle half▲ 53.8%€297,955above the sector's middle half▲ 40.8%€241,956above the sector's middle half▼ 18.8%€243,149above the sector's middle half▲ 0.5%€119,720within the sector's middle half▼ 50.8%
Total assets€312,358within the sector's middle half▲ 36.6%€385,802above the sector's middle half▲ 23.5%€346,743above the sector's middle half▼ 10.1%€392,502above the sector's middle half▲ 13.2%€565,199above the sector's middle half▲ 44.0%
Debt€100,798▲ 10.5%€87,847▼ 12.8%€104,787▲ 19.3%€149,353▲ 42.5%€445,479▲ 198%
Working capital€189,756above the sector's middle half▲ 59.9%€209,617above the sector's middle half▲ 10.5%€127,420above the sector's middle half▼ 39.2%€133,319above the sector's middle half▲ 4.6%€31,629within the sector's middle half▼ 76.3%
Solvency67.7%within the sector's middle half▲ 7.6pp77.2%above the sector's middle half▲ 9.5pp69.8%within the sector's middle half▼ 7.5pp61.9%within the sector's middle half▼ 7.8pp21.2%within the sector's middle half▼ 40.8pp
Current ratio2.94within the sector's middle half▲ 0.574.27above the sector's middle half▲ 1.323.08within the sector's middle half▼ 1.182.03within the sector's middle half▼ 1.051.07within the sector's middle half▼ 0.96
Return on assets (ROA)23.7%within the sector's middle half▼ 14.6pp22.4%within the sector's middle half▼ 1.3pp-16.2%below the sector's middle half▼ 38.5pp0.3%within the sector's middle half▲ 16.5pp42.8%above the sector's middle half▲ 42.5pp
Staff (FTE)0.92.8▲ 211%3.4▲ 21.4%3.7▲ 8.8%2.9▼ 21.6%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4,666% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €565,199
Fixed assets
€97,012 ▼ 25.5%
Current assets
€468,187 ▲ 78.5%
Equity and liabilities €565,199
Equity
€119,720 ▼ 50.8%
Debt
€445,479 ▲ 198%
Debt's share of the balance-sheet total rises from 38.1% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€352,667▲
2024 · €45,323
Cash flow
€276,317▲
2024 · €39,843
Debt to equity
3.72▲
2024 · 0.61
ROE
201.9%▲
2024 · 0.5%
Interest coverage
91.12▲
2024 · 8.49
Debt ≤ 1 year
€436,558▲
2024 · €128,926
Debt > 1 year
€8,921▼
2024 · €20,428
Income taxes
€73,589▲
2024 · €430
Staff costs
€178,676▼
2024 · €201,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36,890 | €103,012 | €174,461 | €201,415 | €178,676 | ▼ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,633 | €18,109 | €35,315 | €38,650 | €34,646 | ▼ 10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €21,017 | - | - | - | - |
| Other operating charges640/8 | €2,701 | €2,698 | €3,181 | €2,797 | €2,152 | ▼ 23.0% |
| Gross operating margin9900 | €144,824 | €250,667 | €158,884 | €249,535 | €533,495 | ▲ 114% |
| Operating profit (loss)9901 | €96,601 | €105,832 | -€54,073 | €6,673 | €318,021 | ▲ 4,666% |
| Financial income75/76B | €29 | €32 | €65 | €286 | €1,109 | ▲ 287% |
| Recurring financial income75 | €29 | €32 | €65 | €286 | €1,109 | ▲ 287% |
| Financial charges65/66B | €1,304 | €1,072 | €1,762 | €5,336 | €3,870 | ▼ 27.5% |
| Recurring financial charges65 | €1,304 | €1,072 | €1,762 | €5,336 | €3,870 | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | €95,325 | €104,791 | -€55,769 | €1,623 | €315,260 | ▲ 19,319% |
| Income taxes67/77 | €21,292 | €18,396 | €230 | €430 | €73,589 | ▲ 16,995% |
| Profit (loss) for the period9904 | €74,034 | €86,395 | -€55,999 | €1,193 | €241,670 | ▲ 20,157% |
| Profit (loss) for the period to be appropriated9905 | €74,034 | €86,395 | -€55,999 | €1,193 | €241,670 | ▲ 20,157% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €312,358 | €385,802 | €346,743 | €392,502 | €565,199 | ▲ 44.0% |
| Fixed assets21/28 | €24,954 | €111,995 | €158,096 | €130,257 | €97,012 | ▼ 25.5% |
| Tangible fixed assets22/27 | €24,954 | €111,995 | €148,571 | €120,732 | €87,487 | ▼ 27.5% |
| Plant, machinery and equipment23 | €19,789 | €64,237 | €73,788 | €60,799 | €44,535 | ▼ 26.8% |
| Furniture and vehicles24 | €5,166 | €38,945 | €36,158 | €25,519 | €12,748 | ▼ 50.0% |
| Other tangible fixed assets26 | - | €8,813 | €38,625 | €34,414 | €30,204 | ▼ 12.2% |
| Financial fixed assets28 | - | - | €9,525 | €9,525 | €9,525 | = |
| Current assets29/58 | €287,404 | €273,807 | €188,647 | €262,245 | €468,187 | ▲ 78.5% |
| Amounts receivable within one year40/41 | €146,051 | €60,616 | €56,897 | €187,658 | €153,935 | ▼ 18.0% |
| Trade receivables40 | €139,540 | €40,557 | €56,897 | €187,658 | €137,430 | ▼ 26.8% |
| Other amounts receivable41 | €6,512 | €20,060 | - | - | €16,504 | - |
| Cash at bank and in hand54/58 | €137,737 | €212,690 | €127,112 | €70,165 | €312,517 | ▲ 345% |
| Deferred charges and accrued income490/1 | €3,615 | €501 | €4,638 | €4,422 | €1,736 | ▼ 60.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €312,358 | €385,802 | €346,743 | €392,502 | €565,199 | ▲ 44.0% |
| Equity10/15 | €211,560 | €297,955 | €241,956 | €243,149 | €119,720 | ▼ 50.8% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €1 | ▼ 100.0% |
| Reserves13 | €161,560 | €247,955 | €191,956 | €193,149 | €119,719 | ▼ 38.0% |
| Distributable reserves133 | €161,560 | €247,955 | €191,956 | €193,149 | €119,719 | ▼ 38.0% |
| Amounts payable17/49 | €100,798 | €87,847 | €104,787 | €149,353 | €445,479 | ▲ 198% |
| Amounts payable after more than one year17 | €3,150 | €23,657 | €43,560 | €20,428 | €8,921 | ▼ 56.3% |
| Financial debts170/4 | €3,150 | €23,657 | €43,560 | €20,428 | €8,921 | ▼ 56.3% |
| Amounts payable within one year42/48 | €97,648 | €64,190 | €61,227 | €128,926 | €436,558 | ▲ 239% |
| Current portion of amounts payable after more than one year42 | €1,923 | €8,607 | - | €11,152 | €11,507 | ▲ 3.2% |
| Trade debts44 | €21,267 | €18,745 | €12,875 | €26,108 | €15,329 | ▼ 41.3% |
| Suppliers440/4 | €21,267 | €18,745 | €12,875 | €26,108 | €15,329 | ▼ 41.3% |
| Taxes, remuneration and social security45 | €50,584 | €18,467 | €38,716 | €66,937 | €68,608 | ▲ 2.5% |
| Taxes450/3 | €47,670 | €5,358 | €25,070 | €37,452 | €51,259 | ▲ 36.9% |
| Remuneration and social security454/9 | €2,914 | €13,109 | €13,646 | €29,485 | €17,350 | ▼ 41.2% |
| Other amounts payable47/48 | €23,874 | €18,371 | €9,636 | €24,729 | €341,114 | ▲ 1,279% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,034 | €86,395 | -€55,999 | €1,193 | €241,670 | ▲ 20,157% |
| + Depreciation and write-downs630 | €8,633 | €18,109 | €35,315 | €38,650 | €34,646 | ▼ 10.4% |
| Operating cash flow (approximation) | €82,666 | €104,504 | -€20,684 | €39,843 | €276,317 | ▲ 594% |
| Investment in fixed assets (approximation) | - | -€105,149 | -€81,416 | -€10,812 | -€1,400 | ▲ 87.0% |
| Change in cash | - | €74,953 | -€85,578 | -€56,947 | €242,352 | ▲ 526% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2020net €241,670 ▲20,157%
Operating result €318,021, net result €241,670, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1,193
Net result €1,193 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€55,999
Net result drops to -€55,999, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €211,560 ▲53.8%
2 profitable years in a row build equity to €211,560.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Wijnegem · 1 establishment unit since 2019
Ground area
4,190 m²
Building footprint
620 m²
Volume, LiDAR
194 m³
Parcel 11050A0061/00H000, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
1 establishment unit
Xplicite
since 20192.290.848.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0061/00H000 | Flanders | 4,190 m² | 1 · 620 m² | 6.6 m |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 233 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 233 EUR | 0 EUR |
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 3,007 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
Founded21-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728719329
Also
9925:BE0728719329
Registered
21-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.