XY
ActiveSummary
XY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,437 and a net result of €3,770. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 8782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+31
Solvency61▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.05 in 2024; short-term debt: 23.4% and cash: 0.8% of total assets), and 63.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.1%
Return on assets
1.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
38 d late
2024
13 d early
2023
26 d early
2022
53 d early
2021
38 d early
2020
16 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 6 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€73,437▲ 5.4%
2024 · €69,667
Total assets
€203,550▼ 9.7%
2024 · €225,423
Net result
€3,770
2024 · -€13,333
Working capital
€7,030▲ 122%
2024 · €3,163
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,826▲ 6.9%€26,055▼ 27.3%€9,550▼ 63.3%-€9,735€3,528
Net result€24,342within the sector's middle half▲ 25.4%€17,592within the sector's middle half▼ 27.7%€5,743within the sector's middle half▼ 67.4%-€13,333below the sector's middle half€3,770within the sector's middle half
Equity€59,665within the sector's middle half▲ 68.9%€77,258within the sector's middle half▲ 29.5%€83,000within the sector's middle half▲ 7.4%€69,667within the sector's middle half▼ 16.1%€73,437below the sector's middle half▲ 5.4%
Total assets€104,487within the sector's middle half▲ 13.8%€262,396within the sector's middle half▲ 151%€243,029within the sector's middle half▼ 7.4%€225,423within the sector's middle half▼ 7.2%€203,550below the sector's middle half▼ 9.7%
Debt€44,822▼ 20.7%€185,139▲ 313%€160,029▼ 13.6%€155,756▼ 2.7%€130,113▼ 16.5%
Working capital€49,992within the sector's middle half▲ 346%€1,899within the sector's middle half▼ 96.2%€15,935within the sector's middle half▲ 739%€3,163within the sector's middle half▼ 80.2%€7,030within the sector's middle half▲ 122%
Solvency57.1%within the sector's middle half▲ 18.6pp29.4%within the sector's middle half▼ 27.7pp34.2%within the sector's middle half▲ 4.7pp30.9%within the sector's middle half▼ 3.2pp36.1%within the sector's middle half▲ 5.2pp
Current ratio2.44within the sector's middle half▲ 1.241.02below the sector's middle half▼ 1.411.25within the sector's middle half▲ 0.221.05below the sector's middle half▼ 0.201.15within the sector's middle half▲ 0.10
Return on assets (ROA)23.3%within the sector's middle half▲ 2.2pp6.7%within the sector's middle half▼ 16.6pp2.4%within the sector's middle half▼ 4.3pp-5.9%below the sector's middle half▼ 8.3pp1.9%within the sector's middle half▲ 7.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,528 after a loss of €9,735 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203,550
Fixed assets
€148,872 ▼ 4.2%
Current assets
€54,678 ▼ 21.9%
Equity and liabilities €203,550
Equity
€73,437 ▲ 5.4%
Debt
€130,113 ▼ 16.5%
Debt's share of the balance-sheet total falls from 69.1% to 63.9%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.77▼
2024 · 2.24
ROE
5.1%▲
2024 · -19.1%
Debt ≤ 1 year
€47,648▼
2024 · €66,884
Debt > 1 year
€82,465▼
2024 · €88,872
Income taxes
-€3,656
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 5,048 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,030 | €11,876 | €14,347 | €6,788 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €6,504 | - |
| Other operating charges640/8 | €787 | €794 | €1,828 | €2,515 | €548 | ▼ 78.2% |
| Gross operating margin9900 | €45,643 | €38,725 | €25,725 | -€431 | €10,580 | ▲ 2,555% |
| Operating profit (loss)9901 | €35,826 | €26,055 | €9,550 | -€9,735 | €3,528 | ▲ 136% |
| Financial income75/76B | €609 | €1,101 | €2,077 | - | - | - |
| Recurring financial income75 | €609 | €1,101 | €2,077 | - | - | - |
| Financial charges65/66B | €714 | €2,759 | €3,775 | €3,598 | €3,414 | ▼ 5.1% |
| Recurring financial charges65 | €714 | €2,759 | €3,775 | €3,598 | €3,414 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €35,721 | €24,397 | €7,852 | -€13,333 | €114 | ▲ 101% |
| Income taxes67/77 | €11,379 | €6,805 | €2,109 | - | -€3,656 | - |
| Profit (loss) for the period9904 | €24,342 | €17,592 | €5,743 | -€13,333 | €3,770 | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | €24,342 | €17,592 | €5,743 | -€13,333 | €3,770 | ▲ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104,487 | €262,396 | €243,029 | €225,423 | €203,550 | ▼ 9.7% |
| Fixed assets21/28 | €19,684 | €176,511 | €162,165 | €155,376 | €148,872 | ▼ 4.2% |
| Tangible fixed assets22/27 | €19,684 | €176,511 | €162,165 | €155,376 | €148,872 | ▼ 4.2% |
| Land and buildings22 | - | €157,962 | €153,897 | €149,832 | €145,767 | ▼ 2.7% |
| Furniture and vehicles24 | €18,804 | €12,559 | €3,655 | €2,309 | €1,248 | ▼ 46.0% |
| Other tangible fixed assets26 | €881 | €5,990 | €4,613 | €3,235 | €1,857 | ▼ 42.6% |
| Current assets29/58 | €84,803 | €85,885 | €80,865 | €70,047 | €54,678 | ▼ 21.9% |
| Amounts receivable after more than one year29 | €58,447 | €66,622 | €71,298 | €65,410 | €51,808 | ▼ 20.8% |
| Trade receivables290 | €58,447 | €66,622 | €71,298 | €65,410 | €51,808 | ▼ 20.8% |
| Amounts receivable within one year40/41 | €13,700 | €1,348 | €1,056 | €2,904 | €572 | ▼ 80.3% |
| Trade receivables40 | €13,340 | - | €1,056 | €2,904 | €462 | ▼ 84.1% |
| Other amounts receivable41 | €360 | €1,348 | - | - | €110 | - |
| Cash at bank and in hand54/58 | €1,712 | €17,915 | €8,511 | €1,734 | €1,701 | ▼ 1.9% |
| Deferred charges and accrued income490/1 | €10,944 | - | - | - | €597 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104,487 | €262,396 | €243,029 | €225,423 | €203,550 | ▼ 9.7% |
| Equity10/15 | €59,665 | €77,258 | €83,000 | €69,667 | €73,437 | ▲ 5.4% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €8,600 | €8,600 | €8,600 | €8,600 | €8,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €47,805 | €65,398 | €71,140 | €57,807 | €61,577 | ▲ 6.5% |
| Amounts payable17/49 | €44,822 | €185,139 | €160,029 | €155,756 | €130,113 | ▼ 16.5% |
| Amounts payable after more than one year17 | - | €101,153 | €95,100 | €88,872 | €82,465 | ▼ 7.2% |
| Financial debts170/4 | - | €101,153 | €95,100 | €88,872 | €82,465 | ▼ 7.2% |
| Amounts payable within one year42/48 | €34,811 | €83,986 | €64,930 | €66,884 | €47,648 | ▼ 28.8% |
| Current portion of amounts payable after more than one year42 | - | €5,883 | €6,053 | €6,228 | €6,407 | ▲ 2.9% |
| Trade debts44 | €20,583 | €23,346 | €5,528 | €5,427 | €2,804 | ▼ 48.3% |
| Suppliers440/4 | €20,583 | €23,346 | €5,528 | €5,427 | €2,804 | ▼ 48.3% |
| Taxes, remuneration and social security45 | €12,583 | €17,303 | €24,912 | €16,721 | - | - |
| Taxes450/3 | €12,583 | €15,635 | €13,008 | €6,316 | - | - |
| Remuneration and social security454/9 | - | €1,668 | €11,904 | €10,404 | - | - |
| Other amounts payable47/48 | €1,645 | €37,454 | €28,436 | €38,509 | €38,436 | ▼ 0.2% |
| Accrued charges and deferred income492/3 | €10,011 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,342 | €17,592 | €5,743 | -€13,333 | €3,770 | ▲ 128% |
| + Depreciation and write-downs630 | €9,030 | €11,876 | €14,347 | €6,788 | - | - |
| Operating cash flow (approximation) | €33,372 | €29,468 | €20,089 | -€6,545 | €3,770 | ▲ 158% |
| Investment in fixed assets (approximation) | - | -€168,703 | €0 | €0 | €6,504 | - |
| Change in cash | - | €16,203 | -€9,404 | -€6,777 | -€33 | ▲ 99.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 38 days late
2025
31-12
Financial
Back to profitnet €3,770
Net result €3,770 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€13,333
Net result drops to -€13,333, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 2.44
Current ratio from 1.20 to 2.44; short-term debt falls from €56,489 to €34,811.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Villers-la-Ville · 1 establishment unit since 2018
Ground area
145 m²
Building footprint
73 m²
Volume, LiDAR
604 m³
Parcel 25098C0030/00D000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
XY
since 20182.281.309.247
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25098C0030/00D000 | Wallonia | 145 m² | 1 · 73 m² | 10.0 m · 3 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.
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Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 39,845 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 (pre-2019)
Founded04-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707776930
Also
9925:BE0707776930
Registered
14-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.