XPROJECT
Dissolved and wound up on 16-06-2026Financials · financial year 2026, micro format
Annual accounts 2026 filed on 06-07-2026 at the NBB all 3 filings
Turnover
≈ €48,000
Estimated: probably between €22,000 and €110,000
Total assets
€95,542▼ 11.6%
2025 · €108,079
Net result
€9,398▼ 77.9%
2025 · €42,515
Working capital
€2,000▼ 97.3%
2025 · €72,929
Multi-year overview
2024 to 2026, 3 financial yearsOperating result
€10,676
▼ 82.5%
2026
20242026
Net result
€9,398
▼ 77.9%
2026
20242026
Equity
€2,000
▼ 97.1%
2026
20242026
Total assets
€95,542
▼ 11.6%
2026
20242026
Debt
€93,542
▲ 166%
2026
20242026
Working capital
€2,000
▼ 97.3%
2026
20242026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202420252026
Operating result€32,797-€60,839▲ 85.5%€10,676▼ 82.5%
Net result€24,272-€42,515▲ 75.2%€9,398▼ 77.9%
Equity€25,413-€67,929▲ 167%€2,000▼ 97.1%
Total assets€50,090-€108,079▲ 116%€95,542▼ 11.6%
Debt€24,676-€35,151▲ 42.4%€93,542▲ 166%
Working capital€26,913-€72,929▲ 171%€2,000▼ 97.3%
The operating result for 2026 is 82% lower than in 2025 and the lowest since 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €95,542
Equity
€2,000 ▼ 97.1%
Provisions
€0 ▼ 100%
Debt
€93,542 ▲ 166%
Debt's share of the balance-sheet total rises from 32.5% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.02▼
2025 · 3.07
Debt to equity
46.77▲
2025 · 0.52
ROE
469.9%▲
2025 · 62.6%
ROA
9.8%▼
2025 · 39.3%
Debt ≤ 1 year
€93,542▲
2025 · €35,151
Income taxes
€1,250▼
2025 · €18,216
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €5,000 | -€5,000 | - |
| Other operating charges640/8 | €101 | €445 | €600 | ▲ 35.0% |
| Gross operating margin9900 | €32,897 | €66,284 | €6,276 | ▼ 90.5% |
| Operating profit (loss)9901 | €32,797 | €60,839 | €10,676 | ▼ 82.5% |
| Financial charges65/66B | €7 | €109 | €28 | ▼ 73.9% |
| Recurring financial charges65 | €7 | €109 | €28 | ▼ 73.9% |
| Profit (loss) for the period before taxes9903 | €32,790 | €60,731 | €10,648 | ▼ 82.5% |
| Income taxes67/77 | €8,518 | €18,216 | €1,250 | ▼ 93.1% |
| Profit (loss) for the period9904 | €24,272 | €42,515 | €9,398 | ▼ 77.9% |
| Profit (loss) for the period to be appropriated9905 | €24,272 | €42,515 | €9,398 | ▼ 77.9% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €50,090 | €108,079 | €95,542 | ▼ 11.6% |
| Current assets29/58 | €50,090 | €108,079 | €95,542 | ▼ 11.6% |
| Amounts receivable within one year40/41 | €11,858 | €18,655 | €26,383 | ▲ 41.4% |
| Trade receivables40 | €11,858 | €12,705 | - | - |
| Other amounts receivable41 | - | €5,950 | €26,383 | ▲ 343% |
| Cash at bank and in hand54/58 | €38,232 | €89,425 | €69,159 | ▼ 22.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €50,090 | €108,079 | €95,542 | ▼ 11.6% |
| Equity10/15 | €25,413 | €67,929 | €2,000 | ▼ 97.1% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | €42,515 | - | - |
| Distributable reserves133 | - | €42,515 | - | - |
| Profit (loss) carried forward14 | €23,413 | €23,413 | - | - |
| Provisions and deferred taxes16 | - | €5,000 | - | - |
| Provisions for liabilities and charges160/5 | - | €5,000 | - | - |
| Environmental obligations163 | - | €5,000 | - | - |
| Amounts payable17/49 | €24,676 | €35,151 | €93,542 | ▲ 166% |
| Amounts payable within one year42/48 | €23,176 | €35,151 | €93,542 | ▲ 166% |
| Trade debts44 | €6,395 | €397 | - | - |
| Suppliers440/4 | €6,395 | €397 | - | - |
| Taxes, remuneration and social security45 | €16,180 | €34,754 | €28,059 | ▼ 19.3% |
| Taxes450/3 | €16,180 | €34,754 | €28,059 | ▼ 19.3% |
| Other amounts payable47/48 | €601 | - | €65,483 | - |
| Accrued charges and deferred income492/3 | €1,500 | - | - | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,272 | €42,515 | €9,398 | ▼ 77.9% |
| Operating cash flow (approximation) | €24,272 | €42,515 | €9,398 | ▼ 77.9% |
| Change in cash | - | €51,193 | -€20,266 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.