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XTREM CONSTRUCT

Active
Private limited companyfounded 2020active for 6 yearsMaria-Theresialaan 45, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0751.561.542
Summary

The computed 12-month bankruptcy probability of XTREM CONSTRUCT is 2.6% (moderate). The 2025 annual accounts show equity of €68,809 and a net result of €4,819. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 87% of 2,291 sector peers (NACE 25, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Coating of metals
NACE 25510
2 sites
Size
€82,791total assets 2025
Equity
€68,809
Profit
€4,819
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Structure
Accounts filed 66 days late0 of 1 deed read
Why 53raises riskLatest accounts 66 days late; 2 of the last 3 lateSize: total assets €82,791Founded in 2020lowers riskEquity €68,809 (83.1% of total assets)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 83.1% of total assets
Liquidity 50+10
short-term debt 16.9% · cash 3.7%
Profitability 76-16
return on assets 5.8%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,702 companies, NACE 25, micro)
Last 24 months 11-2024: 2.4%lowest value 12-2024: 2.5%▲ +0.1 percentage points vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.6%▲ +0.1 percentage points vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.8%▲ +0.2 percentage points vs 04-2025 06-2025: 2.8%● unchanged vs 05-2025 07-2025: 2.9%▲ +0.1 percentage points vs 06-2025 08-2025: 3.4%▲ +0.5 percentage points vs 07-2025 09-2025: 2.9%▼ -0.5 percentage points vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.7%▼ -0.2 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 3.3%▲ +0.6 percentage points vs 07-2026 09-2026: 3.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 2.6%▼ -0.8 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.75, compared with 2.52 in 2024, above the usual 1.5; short-term debt: 16.9% and cash: 3.7% of total assets), and 16.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 90% on solvency, 45% on liquidity, 53% on profitability and 55% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 66 days late; 2 of the last 3 late
NBB · filings
raises risk · Size: total assets €82,791
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €68,809 (83.1% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-10-2026, 66 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
66 days late
2024
29 days late
2023
31 days late
2022
28 days late
2021
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 43 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €4,819 ▼70.3%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (66 days) Filed on 5 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00546188.

Equity
€68,809▲ 7.5%
2024 · €63,990
Total assets
€82,791▼ 6.9%
2024 · €88,971
Net result
€4,819▼ 70.3%
2024 · €16,241
Working capital
€52,471▲ 38.4%
2024 · €37,920
Trend over the years

2021 to 2025, 5 financial years

The operating result falls in 2025; 2025 is 67% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,685 2025 Net result€4,819 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€19,822-€22,111▲ 11.5%€14,976▼ 32.3%€23,072▲ 54.1%€7,685▼ 66.7%
Net result€15,364within the sector's middle half-€18,124within the sector's middle half▲ 18.0%€11,761within the sector's middle half▼ 35.1%€16,241within the sector's middle half▲ 38.1%€4,819within the sector's middle half▼ 70.3%
Equity€17,864below the sector's middle half-€35,988within the sector's middle half▲ 101%€47,749within the sector's middle half▲ 32.7%€63,990within the sector's middle half▲ 34.0%€68,809within the sector's middle half▲ 7.5%
Total assets€27,225below the sector's middle half-€48,475below the sector's middle half▲ 78.1%€57,037below the sector's middle half▲ 17.7%€88,971within the sector's middle half▲ 56.0%€82,791within the sector's middle half▼ 6.9%
Debt€9,361-€12,486▲ 33.4%€9,287▼ 25.6%€24,981▲ 169%€13,982▼ 44.0%
Working capital€13,052within the sector's middle half-€32,155within the sector's middle half▲ 146%€44,294within the sector's middle half▲ 37.8%€37,920within the sector's middle half▼ 14.4%€52,471within the sector's middle half▲ 38.4%
Solvency65.6%above the sector's middle half-74.2%above the sector's middle half▲ 8.6pp83.7%above the sector's middle half▲ 9.5pp71.9%above the sector's middle half▼ 11.8pp83.1%above the sector's middle half▲ 11.2pp
Current ratio2.39within the sector's middle half-3.58above the sector's middle half▲ 1.185.77above the sector's middle half▲ 2.192.52within the sector's middle half▼ 3.254.75above the sector's middle half▲ 2.23
Return on assets (ROA)56.4%above the sector's middle half-37.4%above the sector's middle half▼ 19.0pp20.6%above the sector's middle half▼ 16.8pp18.3%above the sector's middle half▼ 2.4pp5.8%within the sector's middle half▼ 12.4pp
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,791
Fixed assets €16,338 ▼ 37.3%
Current assets €66,453 ▲ 5.6%
Equity and liabilities €82,791
Equity €68,809 ▲ 7.5%
Debt €13,982 ▼ 44.0%
Debt's share of the balance-sheet total falls from 28.1% to 16.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,417▼
2024 · €26,718
Cash flow
€14,551▼
2024 · €19,887
Debt to equity
0.20▼
2024 · 0.39
ROE
7.0%▼
2024 · 25.4%
Interest coverage
15.60▼
2024 · 19.58
Debt ≤ 1 year
€13,982▼
2024 · €24,981
Income taxes
€4,378▼
2024 · €8,162
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 497,473 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 74.5% 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 26,975 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€88,971€82,791▼
Fixed assets21/28€26,070€16,338▼
Tangible fixed assets22/27€25,470€15,738▼
Furniture and vehicles24€25,470€15,738▼
Financial fixed assets28€600€600=
Current assets29/58€62,901€66,453▲
Amounts receivable within one year40/41€61,738€62,351▲
Trade receivables40€17,479€9,028▼
Other amounts receivable41€44,259€53,323▲
Cash at bank and in hand54/58€1,163€3,031▲
Deferred charges and accrued income490/1-€1,071
Equity and liabilities
Total equity and liabilities10/49€88,971€82,791▼
Equity10/15€63,990€68,809▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€61,490€66,309▲
Amounts payable17/49€24,981€13,982▼
Amounts payable within one year42/48€24,981€13,982▼
Trade debts44€12,635€697▼
Suppliers440/4€12,635€697▼
Taxes, remuneration and social security45€12,347€13,285▲
Taxes450/3€12,347€13,285▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,646€9,732▲
Other operating charges640/8€2,776€3,415▲
Non-recurring operating charges66A-€10,242
Gross operating margin9900€29,495€31,074▲
Operating profit (loss)9901€23,072€7,685▼
Financial income75/76B€2,695€2,628▼
Recurring financial income75€2,695€2,628▼
Financial charges65/66B€1,364€1,116▼
Recurring financial charges65€1,364€1,116▼
Profit (loss) for the period before taxes9903€24,403€9,197▼
Income taxes67/77€8,162€4,378▼
Profit (loss) for the period9904€16,241€4,819▼
Profit (loss) for the period to be appropriated9905€16,241€4,819▼
Appropriation of the result
Profit (loss) to be appropriated9906€61,490€66,309▲
Profit (loss) brought forward from the previous period14P€45,249€61,490▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€2,114€1,505----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80€979€979€3,646€9,732▲ 167%
Other operating charges640/8€944€848€1,400€2,776€3,415▲ 23.0%
Non-recurring operating charges66A----€10,242-
Gross operating margin9900€22,961€25,442€17,355€29,495€31,074▲ 5.4%
Operating profit (loss)9901€19,822€22,111€14,976€23,072€7,685▼ 66.7%
Financial income75/76B€241€1,510€2,082€2,695€2,628▼ 2.5%
Recurring financial income75€241€1,510€2,082€2,695€2,628▼ 2.5%
Financial charges65/66B€180€393€1,114€1,364€1,116▼ 18.2%
Recurring financial charges65€180€393€1,114€1,364€1,116▼ 18.2%
Profit (loss) for the period before taxes9903€19,883€23,228€15,945€24,403€9,197▼ 62.3%
Income taxes67/77€4,519€5,104€4,184€8,162€4,378▼ 46.4%
Profit (loss) for the period9904€15,364€18,124€11,761€16,241€4,819▼ 70.3%
Profit (loss) for the period to be appropriated9905€15,364€18,124€11,761€16,241€4,819▼ 70.3%
Line20212022202320242025Change
Assets
Total assets20/58€27,225€48,475€57,037€88,971€82,791▼ 6.9%
Fixed assets21/28€4,812€3,834€3,455€26,070€16,338▼ 37.3%
Tangible fixed assets22/27€4,812€3,834€2,855€25,470€15,738▼ 38.2%
Furniture and vehicles24€4,812€3,834€2,855€25,470€15,738▼ 38.2%
Financial fixed assets28--€600€600€600=
Current assets29/58€22,413€44,641€53,582€62,901€66,453▲ 5.6%
Amounts receivable within one year40/41€21,104€44,638€52,748€61,738€62,351▲ 1.0%
Trade receivables40€8,859-€6,818€17,479€9,028▼ 48.4%
Other amounts receivable41€12,245€44,638€45,931€44,259€53,323▲ 20.5%
Cash at bank and in hand54/58€1,309€3€833€1,163€3,031▲ 161%
Deferred charges and accrued income490/1----€1,071-
Equity and liabilities
Total equity and liabilities10/49€27,225€48,475€57,037€88,971€82,791▼ 6.9%
Equity10/15€17,864€35,988€47,749€63,990€68,809▲ 7.5%
Contributions10/11€2,500€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14€15,364€33,488€45,249€61,490€66,309▲ 7.8%
Amounts payable17/49€9,361€12,486€9,287€24,981€13,982▼ 44.0%
Amounts payable within one year42/48€9,361€12,486€9,287€24,981€13,982▼ 44.0%
Trade debts44€4,242€2,008-€12,635€697▼ 94.5%
Suppliers440/4€4,242€2,008-€12,635€697▼ 94.5%
Taxes, remuneration and social security45€5,119€10,478€9,287€12,347€13,285▲ 7.6%
Taxes450/3€5,119€10,478€9,287€12,347€13,285▲ 7.6%
Line20212022202320242025Change
Profit (loss) for the period9904€15,364€18,124€11,761€16,241€4,819▼ 70.3%
+ Depreciation and write-downs630€80€979€979€3,646€9,732▲ 167%
Operating cash flow (approximation)€15,444€19,103€12,739€19,887€14,551▼ 26.8%
Investment in fixed assets (approximation)-€0-€600-€26,261€0-
Change in cash--€1,306€830€330€1,867▲ 466%

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 05-10-2026 2026-00546188
31-12-2024 micro format 29-08-2025 2025-00450992
31-12-2023 micro format 31-08-2024 2024-00456717
31-12-2022 micro format 28-08-2023 2023-00374310
31-12-2021 micro format 30-09-2022 2022-20446518

Similar companies · same sector, comparable size

Of the 697 active companies whose main activity is coating of metals (NACE 25510), figures are known for 410. 261 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 28 July 2020, XTREM CONSTRUCT was incorporated as a private limited company.1 Total assets went from €27,225 in 2021 to €82,791 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
05-10
NBB filing Annual accounts filed
financial year 2025 · micro format · 66 days late
2025
31-12
Financial Weakest financial yearnet €4,819 ▼70.3%
Net result drops to €4,819, the lowest in the series.
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 31 days late
2023
28-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 28 days late
2022
31-12
Financial Highest result from 2021 to 2025net €18,124 ▲18%
Net result €18,124, the highest in the series.
30-09
NBB filing Annual accounts filed
financial year 2021 · micro format · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-07-2020
Financial year end31-12
Activities, NACEBEL 2025
25510Coating of metals
43350Other building finishing work
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0751561542
Registered 31-12-2025

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

Register as of 17 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0751.561.542

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Vilvoorde · 2 establishment units since 2020
registered office establishment All 2 establishment units on the map
Ground area
3,564 m²
Building footprint
3,264 m²
Building volume
42,408 m³
Parcel 23642D0921/02P002, Flanders · tallest building 28.4 m. Linked by address, not a title deed.
2 establishment units
XTREM CONSTRUCT
Maria-Theresialaan 45, 1800 VilvoordeMachining of metals
since 2020unit no. 2.305.360.990
XTREM DETAILING
Maria-Theresialaan 45, 1800 VilvoordeOther building finishing work
since 2022unit no. 2.330.120.241
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23642D0921/02P002 Flanders 3,564 m² 1 · 3,264 m² 28.4 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.