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XVI

Active
Private limited company (pre-2019)founded 20178 yrs activede Foestraetslaan 81, 1180 Ukkel, BelgiumKBO/BCE: BE 0686.862.344

XVI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100k and a net result of €40k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
94 / 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency93▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 1.73 in 2023), but 52.4% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
71 d late
2023
30 d late
2022
61 d late
2021
31 d late
2020
20 d late
2019
28 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€100k▲ 67.2%
2023 · €60k
2018: €-4k 2019: €13k 2020: €42k 2021: €24k 2022: €47k 2023: €60k
2018 → 2024
Total assets
€211k▲ 73.8%
2023 · €121k
2018: €27k 2019: €60k 2020: €107k 2021: €64k 2022: €79k 2023: €121k
2018 → 2024
Net result
€40k▲ 202%
2023 · €13k
2018: €-10k 2019: €17k 2020: €29k 2021: €2k 2022: €23k 2023: €13k
2018 → 2024
Working capital
€147k▲ 230%
2023 · €45k
2018: €-4k 2019: €13k 2020: €28k 2021: €11k 2022: €35k 2023: €45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€42k-€24k▼ 42.2%€47k▲ 93.4%€60k▲ 28.6%€100k▲ 67.2%
Operating result€36k-€2k▼ 95.5%€30k▲ 1,733%€19k▼ 36.1%€55k▲ 190%
Net result€29k-€2k▼ 94.6%€23k▲ 1,325%€13k▼ 40.8%€40k▲ 202%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €36k€36kNet result 2020: €29k€29kOperating result 2021: €2k€2kNet result 2021: €2k€2kOperating result 2022: €30k€30kNet result 2022: €23k€23kOperating result 2023: €19k€19kNet result 2023: €13k€13kOperating result 2024: €55k€55kNet result 2024: €40k€40k20202021202220232024
The operating result recovers in 2024; 2024 is 190% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets €15k▼ 1.3%
Current assets €196k▲ 84.8%
Equity and liabilities €211k
Equity €100k▲ 67.2%
Debt €111k▲ 80.3%
The debt ratio rises from 50.5% to 52.4%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€59k
2023 · €21k
Cash flow
€44k
2023 · €15k
Solvency
47.6%
2023 · 49.5%
Current ratio
4.03
2023 · 1.73
Quick ratio
4.03
2023 · 1.73
Debt / equity
1.10
2023 · 1.02
ROE
40.2%
2023 · 22.2%
ROA
19.1%
2023 · 11.0%
Interest coverage
13.72
2023 · 9.97
Debt
€111k
2023 · €61k
Debt ≤ 1 year
€49k
2023 · €61k
Debt > 1 year
€61k
Income taxes
€12k
2023 · €4k
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€121k€211k
Fixed assets21/28€15k€15k
Tangible fixed assets22/27€15k€15k
Furniture and vehicles24€13k€13k
Other tangible fixed assets26€3k€3k
Current assets29/58€106k€196k
Amounts receivable within one year40/41€105k€194k
Trade receivables40€100k€76k
Other amounts receivable41€5k€118k
Cash at bank and in hand54/58€27€1k
Deferred charges and accrued income490/1€563€456
Equity and liabilities
Total equity and liabilities10/49€121k€211k
Equity10/15€60k€100k
Contributions10/11€6k€6k=
Reserves13€400€400=
Non-distributable reserves130/1€400€400=
Reserves not available under the articles1311€400€400=
Profit (loss) carried forward14€53k€94k
Amounts payable17/49€61k€111k
Amounts payable after more than one year17-€61k
Financial debts170/4-€61k
Amounts payable within one year42/48€61k€49k
Current portion of amounts payable after more than one year42-€5k
Financial debts43€757€3k
Credit institutions430/8€757€3k
Trade debts44€18k€7k
Suppliers440/4€18k€7k
Taxes, remuneration and social security45€42k€33k
Taxes450/3€31k€33k
Remuneration and social security454/9€11k-
Accrued charges and deferred income492/3-€1k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Other operating charges640/8€2k€542
Gross operating margin9900€23k€59k
Operating profit (loss)9901€19k€55k
Financial income75/76B€487€1k
Recurring financial income75€487€1k
Financial charges65/66B€2k€4k
Recurring financial charges65€2k€4k
Profit (loss) for the period before taxes9903€17k€52k
Income taxes67/77€4k€12k
Profit (loss) for the period9904€13k€40k
Profit (loss) for the period to be appropriated9905€13k€40k
Appropriation of the result
Profit (loss) to be appropriated9906€53k€94k
Profit (loss) brought forward from the previous period14P€40k€53k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
10-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial Highest result since 2018net €40k ▲202%
Operating result €55k, net result €40k, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.03
Current ratio from 1.73 to 4.03; short-term debt falls from €61k to €49k.
31-12
Financial Equity above €100kEq €100k ▲67.2%
6 profitable years in a row build equity to €100k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2025
Ben Itshak Oren
Adminístrateur unique · since 22-07-2025
Current
22-07-2025 Ben Itshak Oren: Appointed as Adminístrateur unique
22-07-2025 Roofthoofd Herman Adil: Resigned as Director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

de Foestraetslaan 811180 Ukkel
Ground area
499 m²
Building footprint
111 m²
Volume, LiDAR
655 m³
Parcel 21614H0056/02A077, Brussels · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XVI
de Foestraetslaan 81, 1180 UkkelHoldings
since 20172.271.414.950
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0056/02A077 Brussels 499 m² 1 · 111 m² 8.1 m · 2 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.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,467 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0478342854
Establishment Ukkel 2.271.414.950