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XSYS PREPRESS

Active
Public limited companyfounded 196858 yrs activeOostkaai 50, 8900 Ieper, BelgiumKBO/BCE: BE 0402.756.668
Summary

XSYS PREPRESS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of -€4.0m. Equity is shrinking by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 317 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-7
Solvency47▼-20
Growth27▼-3
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.17 in 2024; short-term debt: 23.1% and cash: 0.4% of total assets), but 77.6% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.4%
Return on assets
-21.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4.0m
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
54 d late
2023
34 d early
2022
31 d early
2021
12 d early
2020
45 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% 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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 January 1968, XSYS PREPRESS was incorporated.1 Johannes Klein has served as director of the company since 2026.2 Revenue went from EUR 17 million in 2018 to EUR 11 million in 2025 and headcount from 62.8 to 60.7 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 03-06-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€11.1m▼ 22.0%
2024 · €14.2m
EBIT margin
-34.1%▼ 25.0pp
2024 · -9.1%
Net result
-€4.0m▼ 159%
2024 · -€1.6m
Working capital
€7.1m▲ 340%
2024 · €1.6m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€12.8m▲ 17.9%€9.6m▼ 24.8%€13.6m▲ 40.8%€14.2m▲ 5.0%€11.1m▼ 22.0%
Operating result-€1.4m▲ 75.6%-€4.0m▼ 199%-€3.3m▲ 17.7%-€1.3m▲ 61.0%-€3.8m▼ 192%
Net result-€1.3mbelow the sector's middle half▲ 74.4%-€4.1mbelow the sector's middle half▼ 223%-€3.6mbelow the sector's middle half▲ 12.9%-€1.6mbelow the sector's middle half▲ 56.2%-€4.0mbelow the sector's middle half▼ 159%
EBIT margin-10.5%▲ 40.3pp-42.0%▼ 31.4pp-24.5%▲ 17.4pp-9.1%▲ 15.4pp-34.1%▼ 25.0pp
Equity€14.5mabove the sector's middle half▼ 36.7%€10.4mabove the sector's middle half▼ 28.1%€6.9mwithin the sector's middle half▼ 34.1%€8.3mabove the sector's middle half▲ 21.0%€4.3mwithin the sector's middle half▼ 48.5%
Total assets€24.2mabove the sector's middle half▼ 10.3%€19.5mabove the sector's middle half▼ 19.6%€18.9mwithin the sector's middle half▼ 2.7%€19.7mwithin the sector's middle half▲ 3.9%€19.1mabove the sector's middle half▼ 3.1%
Debt€9.2m▲ 141%€8.4m▼ 9.0%€11.6m▲ 38.2%€10.9m▼ 5.8%€14.4m▲ 32.0%
Working capital€6.5mabove the sector's middle half▼ 54.5%€3.7mwithin the sector's middle half▼ 43.1%€1.1mwithin the sector's middle half▼ 69.4%€1.6mwithin the sector's middle half▲ 42.5%€7.1mabove the sector's middle half▲ 340%
Solvency59.9%above the sector's middle half▼ 25.1pp53.6%within the sector's middle half▼ 6.3pp36.3%within the sector's middle half▼ 17.3pp42.2%within the sector's middle half▲ 6.0pp22.4%within the sector's middle half▼ 19.8pp
Current ratio1.77within the sector's middle half▼ 3.081.57within the sector's middle half▼ 0.211.12below the sector's middle half▼ 0.451.17below the sector's middle half▲ 0.052.61above the sector's middle half▲ 1.44
Return on assets (ROA)-5.2%below the sector's middle half▲ 13.0pp-21.0%below the sector's middle half▼ 15.8pp-18.8%below the sector's middle half▲ 2.2pp-7.9%below the sector's middle half▲ 10.9pp-21.2%below the sector's middle half▼ 13.3pp
Staff (FTE)58.9within the sector's middle half▲ 2.4%54.5within the sector's middle half▼ 7.5%54.1within the sector's middle half▼ 0.7%58.8within the sector's middle half▲ 8.7%60.7above the sector's middle half▲ 3.2%
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€6.0m-€4.0m-€2.0m€0Operating result 2021: -€1.4m-€1.4mNet result 2021: -€1.3m-€1.3mOperating result 2022: -€4.0m-€4.0mNet result 2022: -€4.1m-€4.1mOperating result 2023: -€3.3m-€3.3mNet result 2023: -€3.6m-€3.6mOperating result 2024: -€1.3m-€1.3mNet result 2024: -€1.6m-€1.6mOperating result 2025: -€3.8m-€3.8mNet result 2025: -€4.0m-€4.0m20212022202320242025-€6m-€4m-€2m€0Operating result 2023: -€3.3m-€3.3mNet result 2023: -€3.6m-€3.6mOperating result 2024: -€1.3m-€1.3mNet result 2024: -€1.6m-€1.6mOperating result 2025: -€3.8m-€3.8mNet result 2025: -€4.0m-€4m202320242025
The operating result stays negative: a loss of €3.8m in 2025 against €1.3m in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.1m
Fixed assets €7.6m ▼ 10.0%
Current assets €11.5m ▲ 1.9%
Equity and liabilities €19.1m
Equity €4.3m ▼ 48.5%
Provisions €387,888 ▼ 14.9%
Debt €14.4m ▲ 32.0%
Debt's share of the balance-sheet total rises from 55.4% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3.0m▼
2024 · -€610,885
Cash flow
-€3.3m▼
2024 · -€870,111
Quick ratio
0.93▲
2024 · 0.41
Debt to equity
3.36▲
2024 · 1.31
ROE
-94.3%▼
2024 · -18.7%
Interest coverage
-11.87▼
2024 · -2.13
Debt ≤ 1 year
€4.4m▼
2024 · €9.7m
Debt > 1 year
€9.5m▲
2024 · €208,468
Income taxes
€5,967▼
2024 · €6,242
Staff costs
€5.0m▲
2024 · €4.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,608 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 89% are still going.

  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
  • without size
4.1% went bankrupt
6.7% stopped otherwise
89% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,608 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 96 lines
Balance sheet Code20242025
Assets
Total assets20/58€19.7m€19.1m▼
Fixed assets21/28€8.4m€7.6m▼
Intangible fixed assets21€48,987€27,473▼
Tangible fixed assets22/27€8.3m€7.5m▼
Land and buildings22€7.1m€7.0m▼
Plant, machinery and equipment23€641,286€411,864▼
Furniture and vehicles24€88,824€82,072▼
Leasing and similar rights25€274,921-
Other tangible fixed assets26€88,728€17,739▼
Assets under construction and advance payments27€109,741€5,750▼
Financial fixed assets28€12,500€12,500=
Affiliated companies280/1€12,500€12,500=
Participating interests280€12,500€12,500=
Current assets29/58€11.3m€11.5m▲
Amounts receivable after more than one year29€280,316€176,686▼
Other amounts receivable291€280,316€176,686▼
Stocks and contracts in progress3€7.3m€7.4m▲
Stocks30/36€7.3m€7.4m▲
Raw materials and consumables30/31€2.7m€2.0m▼
Work in progress32€652,966€447,118▼
Finished goods33€4.0m€4.4m▲
Goods purchased for resale34€12,830€521,284▲
Amounts receivable within one year40/41€3.6m€3.6m▲
Trade receivables40€3.2m€3.3m▲
Other amounts receivable41€349,356€271,754▼
Cash at bank and in hand54/58€26,328€79,741▲
Deferred charges and accrued income490/1€82,894€250,350▲
Equity and liabilities
Total equity and liabilities10/49€19.7m€19.1m▼
Equity10/15€8.3m€4.3m▼
Contributions10/11€18.6m€6.8m▼
Capital10€13.6m€6.8m▼
Issued capital100€13.6m€6.8m▼
Outside capital11€5.0m-
Share premium1100/10€5.0m-
Reserves13€1.7m€1.5m▼
Non-distributable reserves130/1€1.3m€1.3m=
Legal reserve130€1.3m€1.3m=
Tax-exempt reserves132€189,367€189,367=
Distributable reserves133€137,128-
Profit (loss) carried forward14-€12.0m-€4.0m▲
Provisions and deferred taxes16€455,998€387,888▼
Provisions for liabilities and charges160/5€455,998€387,888▼
Other liabilities and charges164/5€455,998€387,888▼
Amounts payable17/49€10.9m€14.4m▲
Amounts payable after more than one year17€208,468€9.5m▲
Financial debts170/4€208,468€9.5m▲
Leasing and similar obligations172€208,468€0▼
Other loans174-€9.5m
Amounts payable within one year42/48€9.7m€4.4m▼
Current portion of amounts payable after more than one year42€84,407-
Trade debts44€1.9m€2.1m▲
Suppliers440/4€1.9m€2.1m▲
Advances received on contracts in progress46€547,677€728,983▲
Taxes, remuneration and social security45€564,454€496,808▼
Taxes450/3€6,023€5,597▼
Remuneration and social security454/9€558,431€491,211▼
Other amounts payable47/48€6.6m€1.1m▼
Accrued charges and deferred income492/3€1.0m€485,387▼
Income statement Code20242025
Operating income70/76A€15.2m€12.4m▼
Turnover70€14.2m€11.1m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€388,285€468,330▲
Own construction capitalised72€692,316-
Other operating income74€446,279€738,284▲
Non-recurring operating income76A€171,199€115,318▼
Operating charges60/66A€16.5m€16.2m▼
Goods for resale, raw materials and consumables60€6.5m€4.7m▼
Purchases600/8€6.0m€5.2m▼
Change in stocks: decrease (increase)609€475,465-€520,663▼
Services and other goods61€5.3m€4.8m▼
Remuneration, social security and pensions62€4.8m€5.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686,866€762,121▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€996,938€918,105▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€30,775-€68,110▼
Other operating charges640/8€206,505€108,296▼
Non-recurring operating charges66A€7,708-
Operating profit (loss)9901-€1.3m-€3.8m▼
Financial income75/76B€61,891€44,001▼
Recurring financial income75€61,891€44,001▼
Income from financial fixed assets750-€29,252
Income from current assets751€41,321-
Other financial income752/9€20,570€14,749▼
Financial charges65/66B€314,875€280,416▼
Recurring financial charges65€314,875€280,416▼
Debt charges650€287,411€255,341▼
Other financial charges652/9€27,464€25,074▼
Profit (loss) for the period before taxes9903-€1.6m-€4.0m▼
Income taxes67/77€6,242€5,967▼
Taxes670/3€6,242€5,967▼
Profit (loss) for the period9904-€1.6m-€4.0m▼
Profit (loss) for the period to be appropriated9905-€1.6m-€4.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€12.0m-€16.0m▼
Profit (loss) brought forward from the previous period14P-€10.4m-€12.0m▼
Transfer from equity791/2-€12.0m
From contributions791-€11.8m
From reserves792-€137,128
Social balance
Average headcount (FTE)908758.860.7▲

The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€13.4m€12.0m€16.0m€15.2m€12.4m▼ 18.0%
Turnover70€12.8m€9.6m€13.6m€14.2m€11.1m▼ 22.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€567,010€1.5m€1.7m-€388,285€468,330▲ 221%
Own construction capitalised72-€265,375€301,212€692,316--
Other operating income74€803,375€583,533€505,884€446,279€738,284▲ 65.4%
Non-recurring operating income76A€373,163--€171,199€115,318▼ 32.6%
Operating charges60/66A€14.8m€16.0m€19.4m€16.5m€16.2m▼ 1.5%
Goods for resale, raw materials and consumables60€5.3m€6.9m€7.5m€6.5m€4.7m▼ 27.4%
Purchases600/8€7.3m€6.0m€7.3m€6.0m€5.2m▼ 13.0%
Change in stocks: decrease (increase)609-€1.9m€904,351€159,149€475,465-€520,663▼ 210%
Services and other goods61€3.7m€4.6m€4.8m€5.3m€4.8m▼ 10.0%
Remuneration, social security and pensions62€4.5m€3.7m€4.1m€4.8m€5.0m▲ 4.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€633,383€763,498€1.0m€686,866€762,121▲ 11.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€313,631-€162,754€67,181-€996,938€918,105▲ 192%
Provisions for liabilities and charges: additions (uses and reversals)635/8€256,565€91,283-€119,827-€30,775-€68,110▼ 121%
Other operating charges640/8€102,645€61,906€100,054€206,505€108,296▼ 47.6%
Non-recurring operating charges66A-€89,291€1.9m€7,708--
Operating profit (loss)9901-€1.4m-€4.0m-€3.3m-€1.3m-€3.8m▼ 192%
Financial income75/76B€147,580€44,050€30,104€61,891€44,001▼ 28.9%
Recurring financial income75€147,580€44,050€30,104€61,891€44,001▼ 28.9%
Income from financial fixed assets750----€29,252-
Income from current assets751€113,808€4,738€17,296€41,321--
Other financial income752/9€33,772€39,312€12,808€20,570€14,749▼ 28.3%
Financial charges65/66B€55,913€76,959€247,809€314,875€280,416▼ 10.9%
Recurring financial charges65€55,913€74,563€247,809€314,875€280,416▼ 10.9%
Debt charges650€9,221€19,825€184,856€287,411€255,341▼ 11.2%
Other financial charges652/9€46,692€54,738€62,953€27,464€25,074▼ 8.7%
Non-recurring financial charges66B-€2,396----
Profit (loss) for the period before taxes9903-€1.3m-€4.1m-€3.5m-€1.6m-€4.0m▼ 160%
Income taxes67/77€5,542€7,984€11,914€6,242€5,967▼ 4.4%
Taxes670/3€5,542€7,984€11,914€6,242€5,967▼ 4.4%
Profit (loss) for the period9904-€1.3m-€4.1m-€3.6m-€1.6m-€4.0m▼ 159%
Profit (loss) for the period to be appropriated9905-€1.3m-€4.1m-€3.6m-€1.6m-€4.0m▼ 159%
Line20212022202320242025Change
Assets
Total assets20/58€24.2m€19.5m€18.9m€19.7m€19.1m▼ 3.1%
Fixed assets21/28€9.4m€9.3m€8.3m€8.4m€7.6m▼ 10.0%
Intangible fixed assets21€1.0m€739,776€2,117€48,987€27,473▼ 43.9%
Tangible fixed assets22/27€8.3m€8.5m€8.3m€8.3m€7.5m▼ 9.8%
Land and buildings22€7.4m€7.3m€7.3m€7.1m€7.0m▼ 1.8%
Plant, machinery and equipment23€39,498€307,402€235,525€641,286€411,864▼ 35.8%
Furniture and vehicles24€28,883€72,261€31,985€88,824€82,072▼ 7.6%
Leasing and similar rights25€542,607€448,555€361,738€274,921--
Other tangible fixed assets26€110,629-€159,717€88,728€17,739▼ 80.0%
Assets under construction and advance payments27€182,692€325,965€184,243€109,741€5,750▼ 94.8%
Financial fixed assets28€12,500€12,500€12,500€12,500€12,500=
Affiliated companies280/1€12,500€12,500€12,500€12,500€12,500=
Participating interests280€12,500€12,500€12,500€12,500€12,500=
Current assets29/58€14.9m€10.2m€10.7m€11.3m€11.5m▲ 1.9%
Amounts receivable after more than one year29-€193,677€445,496€280,316€176,686▼ 37.0%
Other amounts receivable291-€193,677€445,496€280,316€176,686▼ 37.0%
Stocks and contracts in progress3€5.7m€6.5m€7.4m€7.3m€7.4m▲ 1.1%
Stocks30/36€5.7m€6.5m€7.4m€7.3m€7.4m▲ 1.1%
Raw materials and consumables30/31€4.2m€3.3m€2.4m€2.7m€2.0m▼ 24.2%
Work in progress32€397,707€972,122€950,843€652,966€447,118▼ 31.5%
Finished goods33€1.2m€2.2m€3.9m€4.0m€4.4m▲ 10.7%
Goods purchased for resale34€3,462€0€77,278€12,830€521,284▲ 3,963%
Amounts receivable within one year40/41€8.6m€3.2m€2.8m€3.6m€3.6m▲ 0.7%
Trade receivables40€8.2m€3.0m€2.3m€3.2m€3.3m▲ 3.2%
Other amounts receivable41€411,822€254,943€445,430€349,356€271,754▼ 22.2%
Cash at bank and in hand54/58€506,368€289,780€35,072€26,328€79,741▲ 203%
Deferred charges and accrued income490/1€20,742€24,531€44,855€82,894€250,350▲ 202%
Equity and liabilities
Total equity and liabilities10/49€24.2m€19.5m€18.9m€19.7m€19.1m▼ 3.1%
Equity10/15€14.5m€10.4m€6.9m€8.3m€4.3m▼ 48.5%
Contributions10/11€15.6m€15.6m€15.6m€18.6m€6.8m▼ 63.5%
Capital10€10.6m€10.6m€10.6m€13.6m€6.8m▼ 50.0%
Issued capital100€10.6m€10.6m€10.6m€13.6m€6.8m▼ 50.0%
Outside capital11€5.0m€5.0m€5.0m€5.0m--
Share premium1100/10€5.0m€5.0m€5.0m€5.0m--
Reserves13€1.7m€1.7m€1.7m€1.7m€1.5m▼ 8.2%
Non-distributable reserves130/1€1.3m€1.3m€1.3m€1.3m€1.3m=
Legal reserve130€1.3m€1.3m€1.3m€1.3m€1.3m=
Tax-exempt reserves132€189,367€189,367€189,367€189,367€189,367=
Distributable reserves133€137,128€137,128€137,128€137,128--
Profit (loss) carried forward14-€2.8m-€6.8m-€10.4m-€12.0m-€4.0m▲ 66.2%
Provisions and deferred taxes16€494,507€651,923€486,773€455,998€387,888▼ 14.9%
Provisions for liabilities and charges160/5€494,507€651,923€486,773€455,998€387,888▼ 14.9%
Other liabilities and charges164/5€494,507€651,923€486,773€455,998€387,888▼ 14.9%
Amounts payable17/49€9.2m€8.4m€11.6m€10.9m€14.4m▲ 32.0%
Amounts payable after more than one year17€466,049€376,379€292,874€208,468€9.5m▲ 4,457%
Financial debts170/4€466,049€376,379€292,874€208,468€9.5m▲ 4,457%
Leasing and similar obligations172€466,049€376,379€292,874€208,468€0▼ 100%
Other loans174----€9.5m-
Trade debts175€0-----
Suppliers1750€0-----
Amounts payable within one year42/48€8.4m€6.5m€9.5m€9.7m€4.4m▼ 54.4%
Current portion of amounts payable after more than one year42€94,068€82,613€83,505€84,407--
Trade debts44€2.2m€2.0m€2.1m€1.9m€2.1m▲ 12.6%
Suppliers440/4€2.2m€2.0m€2.1m€1.9m€2.1m▲ 12.6%
Advances received on contracts in progress46€339,350€286,247€244,628€547,677€728,983▲ 33.1%
Taxes, remuneration and social security45€639,841€505,364€491,249€564,454€496,808▼ 12.0%
Taxes450/3€4,908€8,865€5,642€6,023€5,597▼ 7.1%
Remuneration and social security454/9€634,933€496,499€485,607€558,431€491,211▼ 12.0%
Other amounts payable47/48€5.1m€3.6m€6.6m€6.6m€1.1m▼ 83.5%
Accrued charges and deferred income492/3€367,357€1.5m€1.8m€1.0m€485,387▼ 52.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€1.3m-€4.1m-€3.6m-€1.6m-€4.0m▼ 159%
+ Depreciation and write-downs630€633,383€763,498€1.0m€686,866€762,121▲ 11.0%
Operating cash flow (approximation)-€631,041-€3.3m-€2.5m-€870,111-€3.3m▼ 276%
Investment in fixed assets (approximation)--€668,019-€58,272-€798,897€72,930▲ 109%
Change in cash--€216,588-€254,708-€8,744€53,413▲ 711%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
03-06
State Gazette act Resignation: Martin Sauer (director)
Appointment: Johannes Klein (director) · Director discharge · Power of attorney7 facts ▸
  • General meeting, 30-04-2026
  • Director resignation, Martin Sauer (director)
  • Director discharge, Martin Sauer (director)
  • Director appointment, Johannes Klein (director)
  • Board composition, Johannes Klein (director)
  • Board composition, Steven Vandevoorde (managing director)
  • Power of attorney, IQ EQ Luxembourg SA SA
2025
31-12
Financial Liquidity doublescurrent ratio 2.61
Current ratio from 1.17 to 2.61; short-term debt falls from €9.7m to €4.4m.
23-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€4.9m
Net result drops to -€4.9m, the lowest in the series; recovery starts the following year.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
01-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 35 acts read
About the unread acts

Of the 35 Belgian State Gazette acts we know for this company, 1 has been read. The other 34 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Johannes Klein
Director · since 30-04-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
34 of this company's 35 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 1971
seat establishment The establishment unit on the map
Ground area
4.0 ha
Building footprint
1.4 ha
Volume, LiDAR
87,936 m³
Parcel 33305B0943/00C000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XSYS Prepress N.V
Oostkaai 50, 8900 IeperNACE 2955001
since 19712.005.826.772
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33305B0943/00C000 Flanders 4.0 ha 1 · 1.4 ha 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Johannes Klein
  • Director, from 30-04-2026 to date
Martin Sauer
  • Director, until 30-04-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

  • basysPrint Service DeutschlandDEsubsidiary
    Equity €172,602Result €34,510
    100%

According to the 2025 annual accounts of XSYS PREPRESS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Subsidies and aid

Flemish government

2023 to 2025 · 7 entries · 287,340 EUR awarded · 121,587 EUR paid
Year Entries awardedpaid
2025 3 274,974 EUR109,221 EUR
2024 2 5,783 EUR5,783 EUR
2023 2 6,583 EUR6,583 EUR
Schemes
1 entry · 271,937 EUR · 108,000 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 9,202 EUR · 9,202 EUR paid · Departement Werk en Sociale Economie
3 entries · 6,201 EUR · 4,385 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 345 companies in sector 28990 we hold annual accounts for 278. 122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
10850Manufacture of food products
18130Pre-press and pre-media services
28299Manufacture of machinery and equipment not elsewhere classified
46500Wholesale of information and communication equipment
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0402756668
Also 9925:BE0402756668
Registered 08-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.