XS-consulting
ActiveXS-consulting has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €71k and a net result of €384. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 65% of 515 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2023
94
/ 100
Excellent▲ +15 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability3▲+2
Solvency97▲+8
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 2.17 against 4.03 in 2022), and 46.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
53.8%
Return on assets
0.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
18 d late
2021
30 d late
2020
31 d late
2019
109 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€71k▲ 0.5%
2022 · €70k
2018: €67k
2019: €70k
2020: €70k
2021: €70k
2022: €70k
2018 → 2023
Total assets
€132k▼ 17.8%
2022 · €160k
2018: €178k
2019: €136k
2020: €149k
2021: €153k
2022: €160k
2018 → 2023
Net result
€384▲ 162%
2022 · €146
2018: €1k
2019: €2k
2020: €260
2021: €162
2022: €146
2018 → 2023
Working capital
€71k▼ 41.0%
2022 · €120k
2018: €52k
2019: €60k
2020: €117k
2021: €120k
2022: €120k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€70k-€70k▲ 0.4%€70k▲ 0.2%€70k▲ 0.2%€71k▲ 0.5%
Operating result€3k-€2k▼ 41.9%€1k▼ 30.2%€2k▲ 36.4%€765▼ 52.5%
Net result€2k-€260▼ 89.2%€162▼ 37.7%€146▼ 9.5%€384▲ 162%
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 2023; 2023 is 52% below 2022 and is the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €132k
Equity
€71k▲ 0.5%
Debt
€61k▼ 32.2%
The debt ratio falls from 56.0% to 46.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€957▼
2022 · €2k
Cash flow
€576▲
2022 · €418
Solvency
53.8%▲
2022 · 44.0%
Current ratio
2.17▼
2022 · 4.03
Quick ratio
2.17▼
2022 · 3.22
Debt / equity
0.86▼
2022 · 1.27
ROE
0.5%▲
2022 · 0.2%
ROA
0.3%▲
2022 · 0.1%
Interest coverage
21.28▼
2022 · 29.08
Debt
€61k▼
2022 · €90k
Debt ≤ 1 year
€61k▲
2022 · €40k
Income taxes
€501▼
2022 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€160k€132k▼
Fixed assets21/28€402-
Tangible fixed assets22/27€402-
Land and buildings22€402-
Plant, machinery and equipment23€0-
Current assets29/58€160k€132k▼
Stocks and contracts in progress3€32k-
Stocks30/36€3k-
Contracts in progress37€30k-
Amounts receivable within one year40/41€16k€24k▲
Trade receivables40€14k€24k▲
Other amounts receivable41€1k-
Cash at bank and in hand54/58€112k€89k▼
Deferred charges and accrued income490/1-€18k
Equity and liabilities
Total equity and liabilities10/49€160k€132k▼
Equity10/15€70k€71k▲
Contributions10/11€43k€43k=
Reserves13€27k€27k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€146€530▲
Amounts payable17/49€90k€61k▼
Amounts payable after more than one year17€50k-
Financial debts170/4€50k-
Amounts payable within one year42/48€40k€61k▲
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€1k€452▼
Taxes450/3€1k€452▼
Other amounts payable47/48€26k€58k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€271€192▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€2k€765▼
Financial income75/76B€18€165▲
Recurring financial income75€18€165▲
Financial charges65/66B€65€45▼
Recurring financial charges65€65€45▼
Profit (loss) for the period before taxes9903€2k€885▼
Income taxes67/77€1k€501▼
Profit (loss) for the period9904€146€384▲
Profit (loss) for the period to be appropriated9905€146€384▲
Appropriation of the result
Profit (loss) to be appropriated9906€308€530▲
Profit (loss) brought forward from the previous period14P€162€146▼
Transfer to equity691/2€162-
To other reserves6921€162-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €146 ▼9.5%
Net result drops to €146, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 5.13
Current ratio from 1.91 to 5.13; short-term debt falls from €66k to €28k.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-12
Financial
Highest result since 2018net €2k ▲87.3%
Operating result €3k, net result €2k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 121 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wetteren · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veldakkerwegel 19230 WetterenGround area
1,483 m²
Building footprint
230 m²
Volume, LiDAR
1,167 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEUBELMAKERIJ PIENS
since 19942.067.901.032
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44052A1054/00D000 | Flanders | 949 m² | 1 · 93 m² | 3.4 m · 1 fl. |
| 42025B0027/00T000 | Flanders | 534 m² | 1 · 137 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HALLECO
BE 0450.525.804
Sint-Gillis (bij-Brussel) · Eq €71k
PROXIWOOD
BE 0740.606.876
Gembloux · Eq €70k
ZEBRANO
BE 0476.868.826
Grimbergen · Eq €71k
CONCEPT 4 HOME
BE 0674.378.147
Bierbeek · Eq €70k
TOPCLASS FURNITURE
BE 0435.964.223
Plombières · Eq €72k
Of 1,494 companies in sector 31004 we hold annual accounts for 615. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-1994
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.