XRC
ActiveSummary
XRC has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,919 and a net result of €6,308. Equity is growing by ~56.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency94▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 6.9 against 2.67 in 2024; short-term debt: 14.5% and cash: 26.1% of total assets), and 30.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
21.9%
Age of the figures
9 mo
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 02-02-2026, 179 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
179 d early
2024
160 d early
2023
55 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 131 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€19,919▲ 46.3%
2024 · €13,611
Total assets
€28,790▲ 32.4%
2024 · €21,746
Net result
€6,308▼ 30.3%
2024 · €9,053
Working capital
€24,619▲ 80.9%
2024 · €13,611
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€5,494-€13,593▲ 147%€9,667▼ 28.9%
Net result€3,558-€9,053▲ 154%€6,308▼ 30.3%
Equity€4,558-€13,611▲ 199%€19,919▲ 46.3%
Total assets€29,653-€21,746▼ 26.7%€28,790▲ 32.4%
Debt€25,094-€8,135▼ 67.6%€8,871▲ 9.0%
Working capital€4,284-€13,611▲ 218%€24,619▲ 80.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €28,790
Equity
€19,919 ▲ 46.3%
Debt
€8,871 ▲ 9.0%
Debt's share of the balance-sheet total falls from 37.4% to 30.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
6.90▲
2024 · 2.67
Quick ratio
6.04▲
2024 · 2.56
Debt to equity
0.45▼
2024 · 0.60
ROE
31.7%▼
2024 · 66.5%
ROA
21.9%▼
2024 · 41.6%
Debt ≤ 1 year
€4,171▼
2024 · €8,135
Debt > 1 year
€4,700
Income taxes
€3,306▼
2024 · €4,485
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €787 | €274 | - | - |
| Gross operating margin9900 | €6,281 | €13,866 | €9,667 | ▼ 30.3% |
| Operating profit (loss)9901 | €5,494 | €13,593 | €9,667 | ▼ 28.9% |
| Financial income75/76B | - | - | €1 | - |
| Recurring financial income75 | - | - | €1 | - |
| Financial charges65/66B | €57 | €54 | €54 | = |
| Recurring financial charges65 | €57 | €54 | €54 | = |
| Profit (loss) for the period before taxes9903 | €5,437 | €13,539 | €9,613 | ▼ 29.0% |
| Income taxes67/77 | €1,879 | €4,485 | €3,306 | ▼ 26.3% |
| Profit (loss) for the period9904 | €3,558 | €9,053 | €6,308 | ▼ 30.3% |
| Profit (loss) for the period to be appropriated9905 | €3,558 | €9,053 | €6,308 | ▼ 30.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29,653 | €21,746 | €28,790 | ▲ 32.4% |
| Formation expenses20 | €274 | - | - | - |
| Current assets29/58 | €29,379 | €21,746 | €28,790 | ▲ 32.4% |
| Stocks and contracts in progress3 | €1,087 | €901 | €3,585 | ▲ 298% |
| Stocks30/36 | €1,087 | €901 | €3,585 | ▲ 298% |
| Amounts receivable within one year40/41 | €17,722 | €12,090 | €17,679 | ▲ 46.2% |
| Trade receivables40 | €17,722 | - | €2,416 | - |
| Other amounts receivable41 | - | €12,090 | €15,264 | ▲ 26.3% |
| Cash at bank and in hand54/58 | €10,570 | €8,756 | €7,525 | ▼ 14.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29,653 | €21,746 | €28,790 | ▲ 32.4% |
| Equity10/15 | €4,558 | €13,611 | €19,919 | ▲ 46.3% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Capital10 | €1,000 | - | €1,000 | - |
| Issued capital100 | €1,000 | - | €1,000 | - |
| Outside capital11 | - | €1,000 | - | - |
| Other1109/19 | - | €1,000 | - | - |
| Reserves13 | €3,558 | €12,611 | €18,919 | ▲ 50.0% |
| Distributable reserves133 | €3,558 | €12,611 | €18,919 | ▲ 50.0% |
| Amounts payable17/49 | €25,094 | €8,135 | €8,871 | ▲ 9.0% |
| Amounts payable after more than one year17 | - | - | €4,700 | - |
| Other amounts payable178/9 | - | - | €4,700 | - |
| Amounts payable within one year42/48 | €25,094 | €8,135 | €4,171 | ▼ 48.7% |
| Trade debts44 | €1,085 | €658 | €786 | ▲ 19.4% |
| Suppliers440/4 | €1,085 | €658 | €786 | ▲ 19.4% |
| Advances received on contracts in progress46 | €15,533 | - | - | - |
| Taxes, remuneration and social security45 | €3,251 | €6,359 | €3,306 | ▼ 48.0% |
| Taxes450/3 | €3,251 | €6,359 | €3,306 | ▼ 48.0% |
| Other amounts payable47/48 | €5,225 | €1,118 | €79 | ▼ 92.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,558 | €9,053 | €6,308 | ▼ 30.3% |
| + Depreciation and write-downs630 | €787 | €274 | - | - |
| Operating cash flow (approximation) | €4,345 | €9,327 | €6,308 | ▼ 32.4% |
| Change in cash | - | -€1,814 | -€1,230 | ▲ 32.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 6.90
Current ratio from 2.67 to 6.90; short-term debt falls from €8,135 to €4,171.
21-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €9,053 ▲154%
Operating result €13,593, net result €9,053, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.67
Current ratio from 1.17 to 2.67; short-term debt falls from €25,094 to €8,135.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dalhem · 1 establishment unit since 2023
Ground area
608 m²
Building footprint
164 m²
Volume, LiDAR
1,171 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Bel 23, 4880 Aubel
since 20232.344.493.760
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63055A0536/00K000 ProtectedSite or landscape |
Wallonia | 535 m² | 1 · 116 m² | 7.8 m · 2 fl. |
| 63003B0247/00X002 | Wallonia | 73 m² | 1 · 47 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 3,985 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
33120Repair and maintenance of machinery
62900Other information technology and computer services
71209Other technical testing and analysis
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.