Equity
€4.7m ▲ 22.1%
XPOWER has made a profit without a break since 2016.
XPOWER
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1994peak €5.9m (2024)
€5.9m▲ 7.0%
lowest -€199,317 (2013)
€842,411▼ 11.0%
peak €4.7m (2024)
€4.7m▲ 22.1%
€3.3m▼ 7.2%
peak 44.8 FTE (2024)
44.8 FTE▲ 7.4%
Board9 names since 2016
3 directors and 2 others
Owners4 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
19-03-2026231 days late
2024abbreviated format
Turnover from €8.5m to €9.6mEquity from €3.8m to €4.7mInvestments €1.9m
Key points
from the 2024 annual accountsStaff
48 employees on 31-12-2024
In 2024, 4 people joined and 1 left.
Payment terms
61 days to suppliers
XPOWER pays its suppliers 34 days earlier than in 2023. Customers pay 8 days later.
Filings
31 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
6 companies
Position in the sector
€842,411
Higher net result than 95% of companies in computer programming and consultancy. Sector median €27,288 · 2,768 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as XPOWER has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,124 companies, not a prediction for XPOWER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director,
Director
Director
Auditor,
- 100%score equity €8.7m (2025) · 2025 annual accounts of
- consolidatesscore equity €34.1m (2025) · annual accounts 2024
Recent changes
Registered office moved from Beervelde to Merelbeke-Melle
New registered office: Brusselsesteenweg 172/A, 9090 Merelbeke-Melle · Previous registered office: TOLEINDESTRAAT 7/101, 9080 BEERVELDE · General meeting of 10-03-2026 · Gazette deed
2 directors reappointed
and (managing director) · Permanent representative: · General meeting of 06-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451526090
Appointment: (statutory auditor)
Permanent representative: · General meeting of 04-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XPOWER Merelbeke-Melle | €9.6m | 11.2% | 58.8% | 44.8 |
| PROMATIC - W Herstal | €9.2m | 15.1% | 16.5% | 42.4 |
| THE CONCEPT GROUP Turnhout | €11.8m | 8.7% | 39.3% | 51.9 |
| Septeo Notary Solutions BE Zaventem | - | - | 41.8% | 41.9 |
| FLOWSPARKS Ghent | €6.9m | 16.9% | 55.5% | 41.3 |
| NET IT Zottegem | €9.8m | 15.5% | 38.1% | 47.2 |
| FARMAD Beveren-Kruibeke-Zwijndrecht | - | - | 7.2% | 38.2 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as XPOWER: computer programming (NACE 62100). They are comparable in size and age: total assets between €7.3m and €11m, founded between 1987 and 2000.
Official details
Source: KBO- Status
- Active since 29-12-1993Normal situation
- Activity
- Computer programmingNACE 62100and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 100Auxiliary committee for blue-collar workers · annual accounts 2024
- Establishment unit
- 2.065.077.3429090 Merelbeke-Melle, since 11-01-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 13-08-2025
Companies linked to XPOWER
Parent and group
Insights on XPOWER
XPOWER files the abbreviated format. That format states no turnover. The gross margin rose from €595,347 in 2006 to €5.9m in 2024.
holds all the shares. In May 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about XPOWER
- What is the company number of XPOWER?
- The company number of XPOWER is 0451.526.090. The VAT number is the same number with BE in front: BE 0451.526.090.
- Where is XPOWER based?
- The registered office is at Brusselsesteenweg 172, 9090 Merelbeke-Melle.Company details
- What does XPOWER do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of XPOWER?
- XPOWER is a public limited company (NV).
- When was XPOWER founded?
- XPOWER was founded on 29-12-1993.
- Is XPOWER still active?
- Yes, XPOWER is an active enterprise in the KBO register.
- How many employees does XPOWER have?
- XPOWER had an average of 44.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does XPOWER fall under?
- In its 2024 annual accounts, XPOWER states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of XPOWER?
- The turnover of XPOWER was €9.6m in financial year 2024, according to the filed annual accounts.
- Is XPOWER profitable?
- In financial year 2024, XPOWER made a profit of €842,411.
- Where can I find the annual accounts of XPOWER?
- XPOWER filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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