XPLSN
The computed 12-month bankruptcy probability of XPLSN is 2.0% (moderate). The 2024 annual accounts show equity of €44k and a net result of €20k. Equity is growing by ~47.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 6725 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €44k |
| Net result | €20k |
| Better than sector | 93% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.7% | 20.4% | |
| Net result | €20k | €4k | |
| Equity | €44k | €16k | |
| Gross operating margin | €27k | €24k | |
| Total assets | €55k | €94k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €27k | €6k | €24k |
| Net profit | €20k | €3k | €18k |
| Cash flow | €21k | €4k | €19k |
| Staff costs | - | - | - |
| Income taxes | €5k | €1k | €5k |
| Dividends | - | - | - |
| Total assets | €55k | €32k | €37k |
| Equity | €44k | €24k | €21k |
| Debt | €11k | €8k | €16k |
| of which ≤ 1y | €11k | €8k | €15k |
| of which > 1y | - | €0 | €1k |
| Working capital | €42k | €21k | €18k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 4.95 | 3.72 | 2.19 |
| Quick ratio | 3.23 | 2.24 | 1.69 |
| Working capital ratio | 76.4% | 65.4% | 48.1% |
| Solvency | 80.7% | 75.9% | 56.1% |
| Debt / equity | 0.24 | 0.32 | 0.78 |
| Long-term debt ratio | - | 0.00 | 0.06 |
| Interest coverage | 105.02 | 6.93 | 33.90 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 36.7% | 9.5% | 48.1% |
| ROE | 45.4% | 12.5% | 85.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €55k | €32k | €37k |
| Fixed assets | 21/28 | €2k | €3k | €4k |
| Intangible fixed assets | 21 | €2k | €3k | €4k |
| Current assets | 29/58 | €52k | €28k | €33k |
| Stocks & contracts in progress | 3 | €18k | €11k | €8k |
| Amounts receivable within one year | 40/41 | €14k | €1k | €518 |
| Cash & bank | 54/58 | €20k | €16k | €25k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €55k | €32k | €37k |
| Equity | 10/15 | €44k | €24k | €21k |
| Contributions / capital | 10/11 | €3k | €3k | €3k |
| Reserves | 13 | €41k | €21k | €18k |
| Amounts payable | 17/49 | €11k | €8k | €16k |
| Amounts payable after one year | 17 | - | €0 | €1k |
| Amounts payable within one year | 42/48 | €11k | €8k | €15k |
| Trade debts payable within one year | 44 | €526 | €5k | €661 |
| Income statement | ||||
| Gross operating margin | 9900 | €27k | €6k | €24k |
| Operating result | 9901 | €26k | €5k | €23k |
| Financial income | 75 | €0 | €0 | - |
| Financial charges | 65 | €253 | €856 | €709 |
| Result before taxes | 9903 | €25k | €4k | €23k |
| Income taxes | 67/77 | €5k | €1k | €5k |
| Net result for the period | 9904 | €20k | €3k | €18k |
| Result to be appropriated | 9905 | €20k | €3k | €18k |
| NACE primary | Retail sale of clothing and accessories for women, men, children and babies (general range)(47716) |
| Legal form | Private limited company(610) |
| Incorporation | 02-05-2022 |
| Status | Active |
| Postal code | 3910 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B0114/00C000 | Flanders | 763 m² | 1 · 101 m² | 12.4 m |
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.
25-03-2025 Registered office moved to Pelt
- De Nulenstraat 13, 3910 Pelt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "De Nulenstraat 13, 3910 Pelt",
"city": "Pelt",
"region": "vlaams_gewest",
"street": "De Nulenstraat",
"country": "BE",
"postcode": "3910",
"box_number": null,
"street_number": "13",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2024-12-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-25",
"filing_date": "2025-03-17",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-12-01",
"unanimous": null
},
"subject_company": {
"kbo": "0785.624.675",
"name_full": "XPLSN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pauline Lambrichts",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | XPLSN |