GRUPPO XXI
GRUPPO XXI and the 74 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 71 of the 73 Belgian companies (fiscal years 2024-2026). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
GRUPPO XXI also files consolidated accounts (fiscal year 2024): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: GRUPPO XXI, no verdict.
- 21 companies with negative equity: BORETTI BELGIO (-€3.6m), DRU INTERNATIONAL (-€1.9m), Z-TECH (-€1.9m), MELANIE HOLDING (-€1.1m), BMS (-€1.1m), ANTWERP EAST PORTSIDE 21 (-€1.0m) and 15 more.
- 30 companies with a loss in the latest year: Eltra (-€1.5m), BMS (-€1.4m), BUILDINGS 21 (-€1.3m), ANTWERP EAST PORTSIDE 21 (-€751,734), BORETTI BEHEER BELGIÊ (-€654,358), DRU INTERNATIONAL (-€568,956) and 24 more.
- 1 company no longer active in the register: PLUS FACTORS.
- 13.3% of the added-up total assets sits in one company: WATSON & DICKENS.
- 13.4% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- GRUPPO XXI7 subsidiariesNo verdict€49.8m €40.1m 2025
- Healthy · 63€18.7m €4.2m 2024
- CONNECT +9 subsidiariesNo verdict€30.2m €19.6m 2025
- Healthy · 85€961,357 €860,707 2024
- Elevated · 26€9.6m -€1.1m 2025
- High risk · 24€2.5m -€390,358 2025
- No verdict€14,769 €8,758 2025
- BE-CLOUD Belgium1 subsidiaryFair · 56€11.6m €1.6m 2025
- Healthy · 66€712,723 €25,153 2024
- Fair · 55€1.1m €392,823 2025
- KITCHEN & BATHROOM GROUP2 subsidiariesNo verdict€9.4m €7.5m 2026
- Fair · 57€4.0m €1.5m 2025
- Healthy · 77€10.9m €8.1m 2025
- LANCKRIET ANDRE1 subsidiaryFair · 51€68.5m €15.2m 2025
- Healthy · 74€4.0m €2.0m 2025
- Healthy · 62€4.8m €1.7m 2025
- DELISIA4 subsidiariesNo verdict€9.8m €9.8m 2025
- No verdictno figures
- Healthy · 71€1.1m €533,520 2025
- Fair · 57€472,311 -€90,370 2025
- Elevated · 35€4.4m €76,438 2025
- HASTINGS & CORNWALL11 subsidiariesNo verdict€64.5m €13.7m 2024
- BORETTI BEHEER BELGIÊ2 subsidiariesNo verdict€15.7m €5.1m 2025
- Fair · 52€71,552 -€3.6m 2025
- Fair · 54€4.2m €1.7m 2025
- CONFOOD3 subsidiariesNo verdict€24.5m €10.7m 2025
- Fair · 58€20.3m €4.3m 2025
- No verdict€6.7m €3.6m 2025
- No verdict€5.4m €566,339 2025
- DACH2 subsidiariesElevated · 44€4.8m €34,663 2024
- Fair · 57€665,706 €188,430 2025
- Elevated · 30€3.5m -€1.9m 2025
- DAIRY 211 subsidiaryNo verdict€57.1m €10.0m 2025
- Healthy · 65€22.6m €6.3m 2025
- FRAME 21 GROUP2 subsidiariesElevated · 36€9.6m -€74,694 2024
- Elevated · 37€12.1m -€955,020 2024
- Healthy · 81€894,780 €415,010 2024
- LIFT 213 subsidiariesNo verdict€40.4m €3.8m 2024
- Healthy · 70€34.0m €11.7m 2025
- Healthy · 68€319,009 €268,473 2025
- Healthy · 63€2.7m €852,356 2025
- No verdict€47,337 -€1.1m 2025
- Elevated · 28€20,660 -€68,050 2024
- Elevated · 26€659,738 -€668,377 2024
- Flora 21 B.V.
- PLUS FACTORS1 subsidiaryElevated€4.4m €2.2m 2024
- No verdict€137.9m €7.2m 2024
- WATSON & DICKENS7 subsidiariesHealthy · 84€162.2m €136.5m 2024
- BUILDINGS 212 subsidiariesNo verdict€5.3m €2.1m 2025
- Healthy · 76€344,731 €343,464 2024
- Healthy · 79€199,374 €91,179 2024
- No verdict€4.5m €1.5m 2025
- Fair · 56€4.5m -€89,590 2024
- Healthy · 67€704,078 €424,338 2025
- HEYLEN WAREHOUSES DEVELOPMENT BELGIUM14 subsidiariesNo verdict€64.9m €51.4m 2024
- No verdict€14.7m -€1.0m 2024
- Elevated · 44€45.4m €8.5m 2024
- Elevated · 40€1.6m -€114,857 2025
- Elevated · 38€1.3m -€73,747 2025
- Elevated · 39€31.0m -€897,903 2025
- Elevated · 39€1.3m -€112,424 2025
- Elevated · 39€2.3m -€20,100 2025
- Fair · 54€24.7m €571,684 2025
- Healthy · 76€4.7m €2.1m 2025
- Elevated · 44€2.0m -€51,664 2024
- Elevated · 44€5.6m -€21,569 2024
- Elevated · 39€1.3m -€162,665 2024
- Elevated · 45€18.8m €205,339 2024
- No verdictno figures
- Fair · 52€18.2m €4.7m 2024
- Healthy · 76€565,173 €130,048 2024
- Van den Bos Flowerbulbs B.V.
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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Van Havermaet Bedrijfsrevisoren BV appointed as statutory auditor
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Transaction in capital or shares
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Capital increase of €2,295,746.44 to €10,493,673.17
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Dissolution of the company
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1 director appointed, 1 director resigning
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Company renamed to Distritech 21
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Van Havermaet Bedrijfsrevisoren BV appointed as statutory auditor
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Transaction in capital or shares
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Van Havermaet Bedrijfsrevisoren BV appointed as statutory auditor
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Transaction in capital or shares
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Callens Vandelanotte NV appointed as statutory auditor
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Callens Vandelanotte NV appointed as statutory auditor
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Company renamed to P&B GROUP
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Dissolution of the company
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3 directors resigning, 3 reappointed
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Dissolution of the company
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Change of permanent representative
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Share cancellation
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Dissolution of the company
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Change of permanent representative
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 27-09-2026