Yxof · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

Yxof is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €60.38M and a net result of €2.99M. Equity is growing by ~52.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 3146 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

1 signal · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 3146 peers (2024). A comfortable equity buffer.

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 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.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	28-08-2025	28 d late	2025-00422125
31-12-2023	31-07-2024	31-08-2024	31 d late	2024-00423772
31-12-2022	31-07-2023	16-09-2023	47 d late	2023-00447170

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€60.38M+5.2%

Net result€2.99M

Total assets€60.69M+5.5%

Solvency99.5%-0.3pp

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~52.6%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	99.5%	52.5%	better than 95% of 3146 sector peers
Net result	€2.99M	€32k	better than 95% of 3142 sector peers
Equity	€60.38M	€75k	better than 95% of 3147 sector peers
Gross operating margin	€-92k	€52k	better than 5% of 3139 sector peers
Total assets	€60.69M	€192k	better than 95% of 3148 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2022-2024 · n=1824-3146

Net result P95

Improving position over 2022-2024 · n=1824-3142

Equity P95

Improving position over 2022-2024 · n=1824-3147

Gross operating margin P5

Stable position over 2022-2024 · n=1822-3139

Describes the position versus peers, not a forecast.

Net profit

€2.99M

- 22-24

Total assets

€60.69M

+5.5% 22-24

Equity

€60.38M

+5.2% 22-24

Income taxes

€266k

- 22-24

Debt

€312k

+144.7% 22-24

Debt ≤ 1y

€312k

+144.7% 22-24

Debt > 1y

€15.00M

- 22-24

Solvency

99.5%

-0.3% 22-24

Show 2 other metrics

ROE

5.0%

- 22-24

ROA

4.9%

- 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	n/a
EBITDA	n/a
Net profit	€2.99M
Cash flow	n/a
Staff costs	-
Income taxes	€266k
Dividends	-
Total assets	€60.69M
Equity	€60.38M
Debt	€312k
of which ≤ 1y	€312k
of which > 1y	-
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	99.5%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	4.9%
ROE	5.0%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €31.71M · 52.3% Current assets €28.98M · 47.8%

Equity & liabilities

Equity €60.38M · 99.5% Debt €312k · 0.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€60.69M
Fixed assets	21/28	€31.71M
Financial fixed assets	28	€31.71M
Current assets	29/58	€28.98M
Amounts receivable within one year	40/41	€83k
Investments	50/53	€28.10M
Cash & bank	54/58	€796k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€60.69M
Equity	10/15	€60.38M
Contributions / capital	10/11	€57.72M
Reserves	13	€2.66M
Amounts payable	17/49	€312k
Amounts payable within one year	42/48	€312k
Trade debts payable within one year	44	€11k
Income statement
Gross operating margin	9900	€-92k
Operating result	9901	€-92k
Financial income	75	€3.41M
Financial charges	65	€55k
Result before taxes	9903	€3.26M
Income taxes	67/77	€266k
Net result for the period	9904	€2.99M
Result to be appropriated	9905	€2.99M

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Statutory auditor

1 auditor

Statutory auditor	IRE/IBR number	Tenure
PricewaterhouseCoopers, BedrijfsrevisorenCurrent Company auditor · represented by Filip Drieghe	-	01-10-2025 → present

Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van holdings(64210)
Legal form	Private limited company(610)
Incorporation	22-08-2022
Status	Active
Postal code	3110

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Steenweg op Gelrode 1063110 Rotselaar

Establishment units

1 location

Steenweg op Gelrode 106, 3110 Rotselaar

Holdings

since 20222.336.184.721

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area2,974 m²

Buildings1

Building footprint91 m²

Volume (LiDAR)504 m³

Tallest building7.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)