Xplore group
ActiveSummary
Xplore group has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44.9m and a net result of -€985,406. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 57% of 1452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 6 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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Financials · fiscal year 2025, full schema, statutory accounts
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 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% | 1.9% |
| 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 8,611 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €24.9m | €30.3m | €32.2m | €33.0m | €32.5m | ▼ 1.5% |
| Turnover70 | €24.2m | €28.0m | €28.9m | €29.0m | €28.3m | ▼ 2.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€1.3m | €36,374 | €73,988 | -€63,203 | €55,090 | ▲ 187% |
| Other operating income74 | €2.1m | €2.3m | €3.0m | €3.5m | €3.5m | ▲ 1.6% |
| Non-recurring operating income76A | €1,386 | €4,420 | €254,434 | €509,806 | €547,218 | ▲ 7.3% |
| Operating charges60/66A | €25.5m | €32.0m | €33.6m | €34.1m | €34.6m | ▲ 1.4% |
| Goods for resale, raw materials and consumables60 | €18.2m | €24.2m | €25.1m | €24.5m | €23.2m | ▼ 5.3% |
| Purchases600/8 | €18.2m | €24.2m | €25.1m | €24.5m | €23.2m | ▼ 5.3% |
| Services and other goods61 | €4.7m | €5.0m | €5.3m | €5.8m | €6.1m | ▲ 5.8% |
| Remuneration, social security and pensions62 | €1.9m | €2.3m | €2.6m | €2.8m | €2.8m | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €465,395 | €477,184 | €546,022 | €508,342 | €359,384 | ▼ 29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €110,471 | -€110,471 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€1,212 | - | €3,340 | - |
| Other operating charges640/8 | €100,606 | €109,311 | €119,825 | €124,066 | €108,074 | ▼ 12.9% |
| Non-recurring operating charges66A | €1,458 | €3,539 | €0 | €384,786 | €2.0m | ▲ 425% |
| Operating profit (loss)9901 | -€569,637 | -€1.7m | -€1.4m | -€1.2m | -€2.2m | ▼ 84.0% |
| Financial income75/76B | €1.1m | €1.3m | €1.7m | €2.3m | €1.9m | ▼ 15.5% |
| Recurring financial income75 | €1.0m | €1.1m | €1.7m | €2.3m | €1.9m | ▼ 15.6% |
| Income from financial fixed assets750 | €600,950 | €611,000 | €618,472 | €859,798 | €611,190 | ▼ 28.9% |
| Income from current assets751 | €408,688 | €501,520 | €1.1m | €1.4m | €1.3m | ▼ 5.6% |
| Other financial income752/9 | €38,601 | €9,813 | €8,329 | €33,001 | €1,773 | ▼ 94.6% |
| Non-recurring financial income76B | €39,500 | €191,046 | - | €1,264 | €3,681 | ▲ 191% |
| Financial charges65/66B | €112,523 | €193,633 | €516,092 | €762,201 | €744,680 | ▼ 2.3% |
| Recurring financial charges65 | €112,523 | €193,633 | €516,092 | €762,201 | €744,680 | ▼ 2.3% |
| Debt charges650 | €46,342 | €21,151 | €479,296 | €754,448 | €707,729 | ▼ 6.2% |
| Other financial charges652/9 | €66,182 | €172,482 | €36,796 | €7,753 | €36,952 | ▲ 377% |
| Profit (loss) for the period before taxes9903 | €405,578 | -€601,262 | -€241,354 | €346,757 | -€979,710 | ▼ 383% |
| Income taxes67/77 | €435 | €5,467 | €5,913 | €5,836 | €5,696 | ▼ 2.4% |
| Taxes670/3 | €5,504 | €5,700 | €5,940 | €5,837 | €5,697 | ▼ 2.4% |
| Tax adjustments and reversals of tax provisions77 | €5,069 | €233 | €27 | €1 | €0 | ▼ 65.3% |
| Profit (loss) for the period9904 | €405,143 | -€606,729 | -€247,267 | €340,921 | -€985,406 | ▼ 389% |
| Profit (loss) for the period to be appropriated9905 | €405,143 | -€606,729 | -€247,267 | €340,921 | -€985,406 | ▼ 389% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31.9m | €34.7m | €43.7m | €50.4m | €96.3m | ▲ 91.3% |
| Fixed assets21/28 | €3.6m | €3.8m | €3.8m | €3.5m | €42.0m | ▲ 1,118% |
| Intangible fixed assets21 | €575 | €395 | €215 | €35 | - | - |
| Tangible fixed assets22/27 | €1.0m | €1.3m | €1.2m | €882,696 | €724,187 | ▼ 18.0% |
| Plant, machinery and equipment23 | €100,386 | €179,673 | €167,429 | €127,606 | €97,645 | ▼ 23.5% |
| Furniture and vehicles24 | €329,300 | €307,821 | €553,316 | €404,231 | €258,176 | ▼ 36.1% |
| Leasing and similar rights25 | €14,697 | - | - | - | - | - |
| Other tangible fixed assets26 | €575,841 | €777,372 | €509,938 | €350,860 | €368,366 | ▲ 5.0% |
| Financial fixed assets28 | €2.6m | €2.5m | €2.6m | €2.6m | €41.3m | ▲ 1,509% |
| Affiliated companies280/1 | €2.6m | €2.5m | €2.5m | €2.6m | €41.3m | ▲ 1,518% |
| Participating interests280 | €2.6m | €2.5m | €2.5m | €2.6m | €41.3m | ▲ 1,518% |
| Other financial fixed assets284/8 | €5,500 | €9,700 | €12,500 | €15,540 | €15,540 | = |
| Amounts receivable and cash guarantees285/8 | €5,500 | €9,700 | €12,500 | €15,540 | €15,540 | = |
| Current assets29/58 | €28.3m | €31.0m | €40.0m | €46.9m | €54.3m | ▲ 15.8% |
| Amounts receivable after more than one year29 | €859,500 | €693,000 | €389,000 | €250,000 | €110,000 | ▼ 56.0% |
| Trade receivables290 | €859,500 | - | - | - | - | - |
| Other amounts receivable291 | - | €693,000 | €389,000 | €250,000 | €110,000 | ▼ 56.0% |
| Stocks and contracts in progress3 | - | - | €7,836 | €57,000 | €11,924 | ▼ 79.1% |
| Contracts in progress37 | - | - | €7,836 | €57,000 | €11,924 | ▼ 79.1% |
| Amounts receivable within one year40/41 | €12.6m | €23.8m | €37.6m | €44.0m | €51.9m | ▲ 17.8% |
| Trade receivables40 | €5.7m | €6.5m | €7.8m | €7.5m | €7.7m | ▲ 2.4% |
| Other amounts receivable41 | €6.9m | €17.3m | €29.8m | €36.5m | €44.2m | ▲ 21.0% |
| Cash at bank and in hand54/58 | €14.5m | €5.5m | €1.4m | €1.8m | €1.7m | ▼ 4.8% |
| Deferred charges and accrued income490/1 | €345,980 | €931,157 | €591,996 | €761,538 | €566,731 | ▼ 25.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31.9m | €34.7m | €43.7m | €50.4m | €96.3m | ▲ 91.3% |
| Equity10/15 | €7.7m | €7.0m | €6.8m | €7.1m | €44.9m | ▲ 531% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €38.8m | ▲ 62,504% |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €358,820 | ▲ 479% |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €358,820 | ▲ 479% |
| Outside capital11 | - | - | - | - | €38.5m | - |
| Share premium1100/10 | - | - | - | - | €38.5m | - |
| Reserves13 | €7.7m | €7.0m | €6.7m | €7.0m | €6.1m | ▼ 14.0% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €7.7m | €6.9m | €6.7m | €7.0m | €6.1m | ▼ 14.0% |
| Profit (loss) carried forward14 | €1,583 | €854 | €587 | €1,508 | €101 | ▼ 93.3% |
| Provisions and deferred taxes16 | €1,212 | €1,212 | - | - | €3,340 | - |
| Provisions for liabilities and charges160/5 | €1,212 | €1,212 | - | - | €3,340 | - |
| Pensions and similar obligations160 | €1,212 | €1,212 | - | - | €3,340 | - |
| Amounts payable17/49 | €24.2m | €27.7m | €37.0m | €43.2m | €51.5m | ▲ 19.0% |
| Amounts payable within one year42/48 | €24.0m | €27.7m | €36.8m | €43.1m | €51.4m | ▲ 19.2% |
| Trade debts44 | €4.9m | €6.5m | €7.5m | €6.8m | €7.5m | ▲ 11.2% |
| Suppliers440/4 | €4.9m | €6.5m | €7.5m | €6.8m | €7.5m | ▲ 11.2% |
| Advances received on contracts in progress46 | €114,069 | €1,977 | - | - | - | - |
| Taxes, remuneration and social security45 | €357,965 | €222,371 | €336,993 | €331,602 | €295,285 | ▼ 11.0% |
| Taxes450/3 | €193,278 | €10,972 | €72,231 | €75,326 | €32,779 | ▼ 56.5% |
| Remuneration and social security454/9 | €164,687 | €211,399 | €264,762 | €256,275 | €262,505 | ▲ 2.4% |
| Other amounts payable47/48 | €18.6m | €21.0m | €29.0m | €36.0m | €43.5m | ▲ 21.0% |
| Accrued charges and deferred income492/3 | €173,822 | €19,277 | €139,847 | €140,657 | €96,110 | ▼ 31.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €405,143 | -€606,729 | -€247,267 | €340,921 | -€985,406 | ▼ 389% |
| + Depreciation and write-downs630 | €465,395 | €477,184 | €546,022 | €508,342 | €359,384 | ▼ 29.3% |
| Operating cash flow (approximation) | €870,538 | -€129,545 | €298,755 | €849,262 | -€626,022 | ▼ 174% |
| Investment in fixed assets (approximation) | - | -€636,392 | -€567,780 | -€175,614 | -€39.0m | ▼ 22,081% |
| Change in cash | - | -€9.0m | -€4.1m | €421,228 | -€85,256 | ▼ 120% |
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
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 owner · 8 holdings · 51 subsidiaries in the treeChain of control
- Nuclys
- De Cronos Groep
- Xplore group
Highest known parent: Nuclys. The sources do not say who stands above it.
Owners 1
-
75.1%
Holdings 8
- Synthis PeoplesubsidiaryEquity €154,724Result €10,012100%
-
100%
-
100%
-
95%
-
86%
-
85%
- XTREME-INTEGRATIONSsubsidiaryEquity €1.9mResult €641,84885%
- Master Data Partnerssubsidiary84.99%
All subsidiaries, including indirect ones 51
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Synthis People 100%
XGD 100%43 subsidiaries
- EGOVA 100%
- nFuse 100%
- PHPro 100%
- Proov 100%
- Xplore Group Commerce SLES 100%
XGTech 93%8 subsidiaries
- Everythings 100%
- Gluo 100%
- XGT Consult 100%
- Refleqt 93%
- Cloudway 86%
- Infofarm 86%
- SIXTH GENERATION 86%
- Unlockd 80%
Xplore Group Commerce 93%5 subsidiaries
- FORWARD Services 100%
- HUMIX 92.1%
- Fenego 90%
- YellowGround 86%
- Supersonic 80%
- Lykios 90%
- MakeWaves Interactive 90%
- Xplore Group BVNL 90%
- Elision 86%
- Kunlabora 86%
- Stitchd 86%
Whisper 86%2 subsidiaries
- iDA 100%
- Two Point O 86%
Cloudar 85%1 subsidiary
- CloudarNL 78.06%
Biztory 55%4 subsidiaries
- Biztory BVNL 100%
- Biztory GmbHDE 100%
- Biztory LtdGB 100%
- Biztory Belgium 80%
- XPLORE 100%
- FAROS 95%
- Keleos 86%
- Buzzworks 85%
- XTREME-INTEGRATIONS 85%
- Master Data Partners 84.99%
According to the 2025 annual accounts of Xplore group and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.