Turnover
≈ €92,000 estimated
The micro format states no turnover.
XR MANAGEMENT
Lifetime
9 annual accounts with figures on one time axispeak €50,719 (2023)
€34,815▼ 31.4%
lowest -€2,643 (2020)
€11,006▼ 70.3%
peak €132,149 (2024)
€132,149▲ 9.1%
€250,198▲ 454%
Board1 name since 2015
1 directorRENAUD Xavier
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from €50,719 to €34,815Result from €37,074 to €11,006Appointment: RENAUD Xavier (director) 07-02Debts from €45,142 to €250,198Investments €234,213Cash from €14,938 to €4,225
Key points
from the 2024 annual accountsInvestments
€9,213 1.6 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
51
Fair
Financially stronger than 38% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025lowest value
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.3 percentage points vs 07-2025
09-2025: 1.2%▲ +0.1 percentage points vs 08-2025
10-2025: 1.6%▲ +0.4 percentage points vs 09-2025
11-2025: 1.4%▼ -0.2 percentage points vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.3%▼ -0.1 percentage points vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▼ -0.1 percentage points vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.5 percentage points vs 07-2026
09-2026: 2.0%▲ +0.2 percentage points vs 08-2026
10-2026: 2.7%▲ +0.7 percentage points vs 09-2026highest value
11-2026: 2.7%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 08-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
Liquidity: current ratio 2.25, cash €4,225, halved
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
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 73, micro). It does better than 37% of them on solvency, 30% on liquidity, 25% on profitability and 59% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
Credit verdict
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.25 (3.43 in 2023), above the usual 1.5. Short-term debt is 16.6% and cash 1.1% of total assets. However, 65.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 9 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
55 days late
2022
61 days late
2021
78 days late
2020
92 days late
2019
126 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0644434841
Appointment: RENAUD Xavier (director)
“1/Tout ce qui se rapporte à l'agence de publicité : - La conception et la réalisation publicitaires pour des…” (deed in French) · Director discharge: RENAUD Xavier (manager) · General meeting of 01-02-2024 · Gazette deed
Incorporation
published on 15-12-2015 · Gazette deed
First establishment
Rue des Merles 8, Soignies
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XR MANAGEMENT Soignies | €382,346 | €34,815 | 34.6% | - |
| UW IDEE Tongeren-Borgloon | €356,022 | €35,891 | 25.1% | - |
| ALC STUDIO Hasselt | €378,502 | €51,475 | 47.7% | - |
| FREEDOM MEDIA MARKETING AND DIGITAL GROUP Watermael-Boitsfort | €480,159 | €42,748 | 22.3% | - |
| PHARMACTION Forest | €290,873 | €28,360 | 29.9% | - |
| AD2 FACTORY Riemst | €316,633 | €48,576 | 82.3% | - |
| PERFECT FIFTH Destelbergen | €418,698 | €26,710 | 95.2% | - |
These companies have the same main activity as XR MANAGEMENT: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €291,000 and €480,000, founded between 2013 and 2017.
Official details
Source: KBO- Status
- Active since 11-12-2015Normal situation
- Activity
- Advertising agenciesNACE 73110and 5 others
- Establishment unit
- 2.249.276.0857060 Soignies, since 11-12-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Insights on XR MANAGEMENT
XR MANAGEMENT files the micro format. That format states no turnover. The gross margin fell from €48,751 in 2016 to €34,815 in 2024.
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 XR MANAGEMENT
- What is the company number of XR MANAGEMENT?
- The company number of XR MANAGEMENT is 0644.434.841. The VAT number is the same number with BE in front: BE 0644.434.841.
- Where is XR MANAGEMENT based?
- The registered office is at Rue des Merles 8, 7060 Soignies.Company details
- What does XR MANAGEMENT do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of XR MANAGEMENT?
- XR MANAGEMENT is a private limited company (BV).
- When was XR MANAGEMENT founded?
- XR MANAGEMENT was founded on 11-12-2015.
- Is XR MANAGEMENT still active?
- Yes, XR MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of XR MANAGEMENT?
- The turnover in financial year 2024 is ≈ €92,000. This figure is estimated from the gross margin of €34,815 and 45 comparable companies (NACE 73). It probably lies between €64,000 and €120,000.Financials
- Is XR MANAGEMENT profitable?
- In financial year 2024, XR MANAGEMENT made a profit of €11,006.
- Where can I find the annual accounts of XR MANAGEMENT?
- XR MANAGEMENT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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