Xsander
ActiveXsander has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €41k. Its solvency ranks better than 53% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+16
Solvency73▲+32
Growth78
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 0.87 in 2023; short-term debt: 25.9% and cash: 59.1% of total assets), but 52.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
20 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€51k▲ 402%
2023 · €10k
2023: €10k
2023 → 2024
Total assets
€107k▲ 72.7%
2023 · €62k
2023: €62k
2023 → 2024
Net result
€41k▲ 432%
2023 · €8k
2023: €8k
2023 → 2024
Working capital
€50k
2023 · €-3k
2023: €-3k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€10k-€51k▲ 402%
Operating result€11k-€54k▲ 387%
Net result€8k-€41k▲ 432%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 387% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€30k▼ 29.0%
Current assets
€78k▲ 282%
Equity and liabilities €107k
Equity
€51k▲ 402%
Debt
€56k▲ 8.0%
The debt ratio falls from 83.6% to 52.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▲
2023 · €18k
Cash flow
€53k▲
2023 · €14k
Solvency
47.7%▲
2023 · 16.4%
Current ratio
2.80▲
2023 · 0.87
Quick ratio
2.80▲
2023 · 0.87
Debt / equity
1.09▼
2023 · 5.09
ROE
80.1%▲
2023 · 75.5%
ROA
38.2%▲
2023 · 12.4%
Interest coverage
40.66▲
2023 · 18.37
Debt
€56k▲
2023 · €52k
Debt ≤ 1 year
€28k▲
2023 · €23k
Debt > 1 year
€28k=
2023 · €28k
Income taxes
€11k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€62k€107k▲
Fixed assets21/28€42k€30k▼
Tangible fixed assets22/27€42k€30k▼
Furniture and vehicles24€42k€30k▼
Current assets29/58€20k€78k▲
Amounts receivable within one year40/41€7k€14k▲
Trade receivables40€5k€14k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€12k€63k▲
Deferred charges and accrued income490/1€1k€209▼
Equity and liabilities
Total equity and liabilities10/49€62k€107k▲
Equity10/15€10k€51k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€49k▲
Amounts payable17/49€52k€56k▲
Amounts payable after more than one year17€28k€28k=
Financial debts170/4€28k€28k=
Amounts payable within one year42/48€23k€28k▲
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€2k€611▼
Suppliers440/4€2k€611▼
Taxes, remuneration and social security45€11k€20k▲
Taxes450/3€8k€20k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€27€7k▲
Accrued charges and deferred income492/3€230€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€464€829▲
Gross operating margin9900€18k€66k▲
Operating profit (loss)9901€11k€54k▲
Financial charges65/66B€962€2k▲
Recurring financial charges65€962€2k▲
Profit (loss) for the period before taxes9903€10k€52k▲
Income taxes67/77€2k€11k▲
Profit (loss) for the period9904€8k€41k▲
Profit (loss) for the period to be appropriated9905€8k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€49k▲
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 2.80
Current ratio from 0.87 to 2.80.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kapellen · 1 establishment unit since 2023
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.
Pannenhoefdreef 1942950 KapellenGround area
2,428 m²
Building footprint
214 m²
Volume, LiDAR
1,037 m³
Parcel 11023A0559/00G000, Flanders · tallest building 22.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Xsander
since 20232.346.139.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023A0559/00G000 | Flanders | 2,428 m² | 1 · 214 m² | 22.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Who's got it
BE 0508.789.744
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 6,908 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2023
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.