Debts
€151,165 83% of the balance sheet
Suppliers 73%Taxes and wages 2%Other 25%
XT-Technics
Lifetime
5 annual accounts with figures on one time axispeak €28,114 (2021)
€11,863▼ 12.0%
lowest -€584 (2024)
€5,533▲ €6,117
peak €30,314 (2025)
€30,314▲ 22.3%
€151,165▲ 103%
Board1 name since 2020
1 directorSMETS Maxim Luc Paul Amadeus
Documentsfilings and deeds
11-06-2026131 days late
2025micro format
Back to profit: €5,533Equity from €24,780 to €30,314Debts from €74,627 to €151,165Cash from €18,371 to €675
Key points
from the 2025 annual accountsFilings
5 annual accounts 131 days
Latest accounts filed late: after the legal deadline.
Position in the sector
16.7%
Lower solvency than 80% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
37
Weak
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%lowest value
01-2025: 2.4%▲ +0.2 percentage points vs 12-2024
02-2025: 3.0%▲ +0.6 percentage points vs 01-2025
03-2025: 3.2%▲ +0.2 percentage points vs 02-2025
04-2025: 4.6%▲ +1.4 percentage points vs 03-2025
05-2025: 4.7%▲ +0.1 percentage points vs 04-2025
06-2025: 5.5%▲ +0.8 percentage points vs 05-2025
07-2025: 7.2%▲ +1.7 percentage points vs 06-2025
08-2025: 7.2%● unchanged vs 07-2025
09-2025: 7.5%▲ +0.3 percentage points vs 08-2025
10-2025: 6.9%▼ -0.6 percentage points vs 09-2025
11-2025: 6.9%● unchanged vs 10-2025
12-2025: 6.9%● unchanged vs 11-2025
01-2026: 6.8%▼ -0.1 percentage points vs 12-2025
02-2026: 8.4%▲ +1.6 percentage points vs 01-2026
03-2026: 9.7%▲ +1.3 percentage points vs 02-2026highest value
04-2026: 9.7%● unchanged vs 03-2026highest value
05-2026: 9.7%● unchanged vs 04-2026highest value
06-2026: 9.7%● unchanged vs 05-2026
07-2026: 8.3%▼ -1.4 percentage points vs 06-2026
08-2026: 8.3%● unchanged vs 07-2026
09-2026: 8.3%● unchanged vs 08-2026
10-2026: 5.2%▼ -3.1 percentage points vs 09-2026
11-2026: 5.0%▼ -0.2 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 132 days late; 2 of the last 3 accounts late
Founded in 2020
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 0.92, cash €675, halved
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 43, micro). It does better than 19% of them on solvency, 4% on liquidity, 43% on profitability and 69% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as XT-Technics has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of XT-Technics itself is higher: 5.0% within 12 months. It rests on far more data about XT-Technics than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for XT-Technics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.92 (0.71 in 2024), below 1. Short-term debt is 83.3% and cash 0.4% of total assets. 83.3% 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.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 131 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-06-2026, 131 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
131 days late
2024
496 days late
2023
1 day late
2022
on the day
2021
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 126 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 February (4 of the last 5 accounts filed within 130 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0758662041
Incorporation
Founding capital of €1,000, 120 shares · Founder: SMETS Maxim Luc Paul Amadeus · Appointment: SMETS Maxim Luc Paul Amadeus (director) · published on 25-11-2020 · Gazette deed
First establishment
Turflaan 25, Sint-Laureins
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XT-Technics Sint-Laureins | €181,479 | €11,863 | 16.7% | - |
| DS THERMIC Pajottegem | €195,616 | €13,749 | 30.8% | - |
| RUSH Lanaken | €211,160 | €12,649 | 19.1% | - |
| FOHECO Antwerp | €159,840 | €13,252 | 15.1% | - |
| Pieters Anthony Damme | €183,139 | €15,174 | 74.1% | - |
| AquaThermo Puurs-Sint-Amands | €170,101 | €14,378 | 97.8% | - |
| DECEUNINCK ENTERPRISE Ypres | €214,279 | €13,355 | 50.1% | - |
These companies have the same main activity as XT-Technics: plumbing work (NACE 43221). They are comparable in size and age: total assets between €160,000 and €214,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 23-11-2020Normal situation
- Activity
- Plumbing workNACE 43221and 1 other
- Establishment unit
- 2.324.524.1339980 Sint-Laureins, since 23-11-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 01-09-2025
Annual accounts to 30-06-2025
- ≈ €99,000estimated
- €181,479▲ 82.6%
- Filing
- Filed on 11-06-2026
Insights on XT-Technics
XT-Technics files the micro format. That format states no turnover. The gross margin fell from €28,114 in 2021 to €11,863 in 2025.
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 XT-Technics
- What is the company number of XT-Technics?
- The company number of XT-Technics is 0758.662.041. The VAT number is the same number with BE in front: BE 0758.662.041.
- Where is XT-Technics based?
- The registered office is at Turflaan 25, 9980 Sint-Laureins.Company details
- What does XT-Technics do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of XT-Technics?
- XT-Technics is a private limited company (BV).
- When was XT-Technics founded?
- XT-Technics was founded on 23-11-2020.
- Is XT-Technics still active?
- Yes, XT-Technics is an active enterprise in the KBO register.
- What is the turnover of XT-Technics?
- The turnover in financial year 2025 is ≈ €99,000. This figure is estimated from the gross margin of €11,863 and 37 comparable companies (NACE 43221). It probably lies between €75,000 and €220,000. It is a rough estimate.Financials
- Is XT-Technics profitable?
- In financial year 2025, XT-Technics made a profit of €5,533.
- Where can I find the annual accounts of XT-Technics?
- XT-Technics filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of XT-Technics due?
- XT-Technics must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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