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XTRACT

Active
Private limited companyfounded 20223 yrs activeScheldestraat 11, 2000 Antwerpen, BelgiumKBO/BCE: BE 0792.479.310
Summary

The computed 12-month bankruptcy probability of XTRACT is 3.7% (moderate). The 2025 annual accounts show negative equity (-€270,830) and a net result of -€111,864. Its solvency ranks better than 7% of 9624 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of beverages, general range
NACE 46349
1 site
Size
€532,424total assets 2025
Equity
-€270,830
Loss
-€111,864
Turnover not published (abridged schema)
Financial health
48 Fair Checked score 2025
Bankruptcy chance 12 m
3.7%
Structure
Parent
BUNDL VENTURES · 54.66%
Accounts filed 28 d late0 of 5 deeds read
Why 48- 1 change of registered office in 24 months- Loss of €111,864, the second in a row (FY 2025)- Latest accounts 28 days late; 1 of the last 3 late+ Figures for FY 2025 (filed 28-08-2026)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -50.9% of total assets
Liquidity 52-48
short-term debt 2.2% · cash 1.3%
Profitability 0=
return on assets -21.0%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 2.9%lowest value 12-2024: 2.9%● 0.0% vs 11-2024lowest value 01-2025: 4.4%▲ +51.3% vs 12-2024 02-2025: 4.4%● 0.0% vs 01-2025 03-2025: 4.3%▼ -3.0% vs 02-2025 04-2025: 4.8%▲ +12.3% vs 03-2025 05-2025: 5.0%▲ +3.2% vs 04-2025 06-2025: 4.8%▼ -2.4% vs 05-2025 07-2025: 5.1%▲ +5.7% vs 06-2025 08-2025: 6.5%▲ +27.0% vs 07-2025 09-2025: 6.6%▲ +2.0% vs 08-2025 10-2025: 10.1%▲ +53.0% vs 09-2025 11-2025: 10.2%▲ +0.9% vs 10-2025 12-2025: 11.6%▲ +13.4% vs 11-2025 01-2026: 14.3%▲ +23.3% vs 12-2025 02-2026: 14.3%● 0.0% vs 01-2026 03-2026: 14.8%▲ +3.3% vs 02-2026 04-2026: 13.8%▼ -7.0% vs 03-2026 05-2026: 13.8%● 0.0% vs 04-2026 06-2026: 13.1%▼ -4.8% vs 05-2026 07-2026: 13.1%● 0.0% vs 06-2026 08-2026: 15.4%▲ +17.9% vs 07-2026highest value 09-2026: 3.7%▼ -76.1% vs 08-2026 10-2026: 3.7%▼ -0.3% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Loss of €111,864, the second in a row (FY 2025) raises the probability
  • Latest accounts 28 days late; 1 of the last 3 late raises the probability
  • Figures for FY 2025 (filed 28-08-2026) lowers the probability
No credit on open account
Liquidity ample (current ratio 44.92 against 10.17 in 2023; short-term debt: 2.2% and cash: 1.3% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 56%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €111,864, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Figures for FY 2025 (filed 28-08-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2325
2023 to 2025 · latest year -€270,830
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2023
141 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 85 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% 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 months
Position in the running window
06-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Liquidity quadruplescurrent ratio 44.92
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€270,830 View
  • Caution: Among the weakest 5% on equitysector median €367,332 · 9,619 companies -€270,830 View
  • Controlled by BUNDL VENTURES 54.66% View
  • Flemish supportawarded 2023 - 2025 €50,000 View

By topic

Financials

Fiscal year
2025
Total assets
€532,424
Loss
-€111,864
Solvency
-50.9%
Total assets▲ 155%
Net result
20232025
Go to Financials

Timeline

Events
3
Since
2024
Next accounts
by 31-07-2027
  1. 28-08-2026Annual accounts filed
  2. 31-12-2025Liquidity quadruples
  3. 19-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of beverages, general rangeNACE 46349
Founded
14-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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