Result
€117,301 ▼ 44.3%
The result fell in 2025 from €210,449 to €117,301.
XQTING
Lifetime
8 annual accounts with figures on one time axispeak €828,004 (2024)
€629,202▼ 24.0%
lowest -€3,057 (2023)
€117,301▼ 44.3%
peak €600,182 (2025)
€600,182▲ 23.0%
€387,091▲ 3.3%
peak 6.8 FTE (2024)
-not published
Board3 names since 2018
1 directorZicon
Owners3 names in the annual accounts
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €828,004 to €629,202Result from €210,449 to €117,301Equity from €487,881 to €600,182
Key points
from the 2025 annual accountsTurnover
≈ €1.6m estimated
The accounts state no turnover.
Staff
6 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 59 to 83 days before the end of the period.
At the same address
5 companies
Position in the sector
€117,301
Higher net result than 95% of companies in computer programming and consultancy. Sector median €28,569 · 21,199 companies.
Checked score
95
Excellent
Financially stronger than 59% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%highest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.37, cash €363,086
Size: total assets €987,273
Figures for financial year 2025 (filed on 23-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 53% of them on solvency, 69% on liquidity, 45% on profitability and 68% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as XQTING has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of XQTING itself is lower: < 0.1% within 12 months. It rests on far more data about XQTING than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for XQTING. 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
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.37 (3.11 in 2024), above the usual 1.5. Short-term debt is 27.6% and cash 36.8% of total assets. 39.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
71 days early
2024
83 days early
2023
71 days early
2022
59 days early
2021
60 days early
2020
50 days early
2019
64 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ZICON 45%score 94equity €90,280 (2025) · 2025 annual accounts of ZICON
- Wim Michel Rapol 25.7%annual accounts 2024
- Jan Georges Vidts 22.9%annual accounts 2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0690946638
Resignation: Kiwi78 bv (director)
Gazette deed
2 managers resigning, 2 directors reappointed
Resignations: Zicon (manager) and Kiwi78 (manager) · Reappointments: Zicon (director) and Kiwi78 (director) · Permanent representative: VIDTS Jan · General meeting of 15-06-2023 · Gazette deed
Incorporation
published on 28-02-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XQTING Ghent | €1.0m | €629,202 | 60.8% | - |
| Ziedoes Tielt | €0.9m | €673,851 | 23.5% | 9.9 |
| Boson Content Kontich | €0.9m | €546,551 | 82.4% | 3 |
| NetOn.Live Jette | €1.0m | €548,326 | 13.8% | - |
| YUCCA POWER Stekene | €1.2m | €662,629 | 31.5% | 1.9 |
| Abstractive Aalst | €0.8m | €543,397 | 53.4% | - |
| Billie Jane Destelbergen | €1.2m | €518,604 | 76.1% | - |
These companies have the same main activity as XQTING: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €818,000 and €1.2m, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 26-02-2018Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.278.997.4799552 Herzele, since 26-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Annual accounts 2025
- €987,273▲ 14.5%
- Employeeson 31-12-2025
- 6=
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on XQTING
XQTING files the micro format. That format states no turnover. The gross margin rose from €23,785 in 2018 to €629,202 in 2025.
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 XQTING
- What is the company number of XQTING?
- The company number of XQTING is 0690.946.638. The VAT number is the same number with BE in front: BE 0690.946.638.
- Where is XQTING based?
- The registered office is at Buchtenstraat 7, 9051 Ghent.Company details
- What does XQTING do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of XQTING?
- XQTING is a private limited company (BV).
- When was XQTING founded?
- XQTING was founded on 26-02-2018.
- Is XQTING still active?
- Yes, XQTING is an active enterprise in the KBO register.
- How many employees does XQTING have?
- XQTING had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of XQTING?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €629,202 and 133 comparable companies (NACE 62200). It probably lies between €1.1m and €2.6m.
- Is XQTING profitable?
- In financial year 2025, XQTING made a profit of €117,301.
- Where can I find the annual accounts of XQTING?
- XQTING filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of XQTING due?
- XQTING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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