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XVO PROJECTS

Active
Private limited companyfounded 20242 yrs activePresident Kennedypark(Kor) 15, 8500 Kortrijk, BelgiumKBO/BCE: BE 1008.701.515
Summary

XVO PROJECTS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,806 and a net result of €60,814. Its solvency ranks better than 71% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency99▲+20
Growth78
Track record82
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.8 against 2.18 in 2024; short-term debt: 26.3% and cash: 8.9% of total assets), and 26.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
73.7%
Return on assets
59.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
16 d early
2024
28 d early
← 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 22 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 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 23 April 2024, XVO PROJECTS was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€75,806▲ 379%
2024 · €15,826
Total assets
€102,848▲ 252%
2024 · €29,181
Net result
€60,814▲ 356%
2024 · €13,326
Working capital
€75,806▲ 379%
2024 · €15,826
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€19,401-€76,716▲ 295%
Net result€13,326within the sector's middle half-€60,814above the sector's middle half▲ 356%
Equity€15,826below the sector's middle half-€75,806within the sector's middle half▲ 379%
Total assets€29,181below the sector's middle half-€102,848within the sector's middle half▲ 252%
Debt€13,355-€27,042▲ 102%
Working capital€15,826-€75,806▲ 379%
Solvency54.2%within the sector's middle half-73.7%within the sector's middle half▲ 19.5pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2024: €19,401€19,401Net result 2024: €13,326€13,326Operating result 2025: €76,716€76,716Net result 2025: €60,814€60,81420242025€0€20,000€40,000€60,000€80,000Operating result 2024: €19,401€19,400Net result 2024: €13,326€13,300Operating result 2025: €76,716€76,700Net result 2025: €60,814€60,80020242025
The operating result rises in 2025; 2025 is 295% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €102,848
Equity €75,806 ▲ 379%
Debt €27,042 ▲ 102%
Debt's share of the balance-sheet total falls from 45.8% to 26.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
3.80▲
2024 · 2.18
Debt to equity
0.36▼
2024 · 0.84
ROE
80.2%▼
2024 · 84.2%
ROA
59.1%▲
2024 · 45.7%
Debt ≤ 1 year
€27,042▲
2024 · €13,355
Income taxes
€15,778▲
2024 · €3,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

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

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,181€102,848▲
Current assets29/58€29,181€102,848▲
Amounts receivable within one year40/41€20,386€30,232▲
Trade receivables40€20,386€30,232▲
Current investments50/53€971€62,364▲
Cash at bank and in hand54/58€6,792€9,127▲
Deferred charges and accrued income490/1€1,032€1,125▲
Equity and liabilities
Total equity and liabilities10/49€29,181€102,848▲
Equity10/15€15,826€75,806▲
Contributions10/11€2,500€2,500=
Reserves13€13,326€73,306▲
Distributable reserves133€13,326€73,306▲
Profit (loss) carried forward14-€0
Amounts payable17/49€13,355€27,042▲
Amounts payable within one year42/48€13,355€27,042▲
Trade debts44€88€155▲
Suppliers440/4€88€155▲
Taxes, remuneration and social security45€10,690€23,294▲
Taxes450/3€10,690€23,294▲
Other amounts payable47/48€2,578€3,592▲
Income statement Code20242025
Gross operating margin9900€19,401€76,716▲
Operating profit (loss)9901€19,401€76,716▲
Financial income75/76B-€527
Recurring financial income75-€527
Financial charges65/66B€2,567€651▼
Recurring financial charges65€2,567€651▼
Profit (loss) for the period before taxes9903€16,834€76,592▲
Income taxes67/77€3,508€15,778▲
Profit (loss) for the period9904€13,326€60,814▲
Profit (loss) for the period to be appropriated9905€13,326€60,814▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,326€60,814▲
Transfer to equity691/2€13,326€59,981▲
To other reserves6921€13,326€59,981▲
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Gross operating margin9900€19,401€76,716▲ 295%
Operating profit (loss)9901€19,401€76,716▲ 295%
Financial income75/76B-€527-
Recurring financial income75-€527-
Financial charges65/66B€2,567€651▼ 74.6%
Recurring financial charges65€2,567€651▼ 74.6%
Profit (loss) for the period before taxes9903€16,834€76,592▲ 355%
Income taxes67/77€3,508€15,778▲ 350%
Profit (loss) for the period9904€13,326€60,814▲ 356%
Profit (loss) for the period to be appropriated9905€13,326€60,814▲ 356%
Line20242025Change
Assets
Total assets20/58€29,181€102,848▲ 252%
Current assets29/58€29,181€102,848▲ 252%
Amounts receivable within one year40/41€20,386€30,232▲ 48.3%
Trade receivables40€20,386€30,232▲ 48.3%
Current investments50/53€971€62,364▲ 6,325%
Cash at bank and in hand54/58€6,792€9,127▲ 34.4%
Deferred charges and accrued income490/1€1,032€1,125▲ 9.0%
Equity and liabilities
Total equity and liabilities10/49€29,181€102,848▲ 252%
Equity10/15€15,826€75,806▲ 379%
Contributions10/11€2,500€2,500=
Reserves13€13,326€73,306▲ 450%
Distributable reserves133€13,326€73,306▲ 450%
Profit (loss) carried forward14-€0-
Amounts payable17/49€13,355€27,042▲ 102%
Amounts payable within one year42/48€13,355€27,042▲ 102%
Trade debts44€88€155▲ 76.3%
Suppliers440/4€88€155▲ 76.3%
Taxes, remuneration and social security45€10,690€23,294▲ 118%
Taxes450/3€10,690€23,294▲ 118%
Other amounts payable47/48€2,578€3,592▲ 39.4%
Line20242025Change
Profit (loss) for the period9904€13,326€60,814▲ 356%
Operating cash flow (approximation)€13,326€60,814▲ 356%
Change in cash-€2,335-

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 30-04-2027
2026
14-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

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

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
2,207 m²
Volume, LiDAR
14,411 m³
Parcel 34354D0147/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
XVO PROJECTS
President Kennedypark(Kor) 15, 8500 KortrijkWholesale trade
since 20242.358.736.033
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354D0147/00E000 Flanders 1.6 ha 1 · 2,207 m² 8.3 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.

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 5,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-04-2024
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008701515
Registered 04-11-2025

Register as of 27 September 2026 · Peppol Directory

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