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XLG IMMO

Active
Private limited companyfounded 199432 yrs activeRue de l'Artisanat(RH) 10, 5020 Namur, BelgiumKBO/BCE: BE 0452.737.404
Summary

XLG IMMO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.26M and a net result of €367k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 28% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▼-9
Solvency49▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.29 in 2024; short-term debt: 42.3% and cash: 4.7% of total assets), and 76.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
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
23.8%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
20 d early
2023
33 d early
2022
33 d early
2021
16 d late
2020
4 d early
2019
20 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€367k▼ 76.2%
2024 · €1.55M
2018: €378k 2019: €169k▼ -55.3% vs 2018 2020: €77k▼ -54.4% vs 2019 2021: €86k▲ +11.9% vs 2020 2022: €53k▼ -38.7% vs 2021 2023: €-429k▼ -910% vs 2022lowest in 8 years 2024: €1.55M▲ +460% vs 2023highest in 8 years 2025: €367k▼ -76.2% vs 2024
2018 → 2025
Working capital
€-8.13M▼ 648%
2024 · €-1.09M
2018: €-1.48M 2019: €-1.48M▲ +0.4% vs 2018 2020: €-1.29M▲ +12.5% vs 2019 2021: €-442k▲ +65.7% vs 2020 2022: €385k▲ +187% vs 2021highest in 8 years 2023: €-2.09M▼ -643% vs 2022 2024: €-1.09M▲ +48.0% vs 2023 2025: €-8.13M▼ -648% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.32M-€2.38M▲ 2.3%€2.33M▼ 1.8%€7.04M▲ 202%€5.26M▼ 25.3% 2021: €2.32Mlowest in 5 years 2022: €2.38M▲ +2.3% vs 2021 2023: €2.33M▼ -1.8% vs 2022 2024: €7.04M▲ +202% vs 2023highest in 5 years 2025: €5.26M▼ -25.3% vs 2024
Operating result€186k-€199k▲ 7.3%€-484k€2.66M€677k▼ 74.6% 2021: €186k 2022: €199k▲ +7.3% vs 2021 2023: €-484k▼ -343% vs 2022lowest in 5 years 2024: €2.66M▲ +650% vs 2023highest in 5 years 2025: €677k▼ -74.6% vs 2024
Net result€86k-€53k▼ 38.7%€-429k€1.55M€367k▼ 76.2% 2021: €86k 2022: €53k▼ -38.7% vs 2021 2023: €-429k▼ -910% vs 2022lowest in 5 years 2024: €1.55M▲ +460% vs 2023highest in 5 years 2025: €367k▼ -76.2% vs 2024
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00M€3.00MOperating result 2021: €186k€186kNet result 2021: €86k€86kOperating result 2022: €199k€199kNet result 2022: €53k€53kOperating result 2023: €-484k€-484kNet result 2023: €-429k€-429kOperating result 2024: €2.66M€2.66MNet result 2024: €1.55M€1.55MOperating result 2025: €677k€677kNet result 2025: €367k€367k20212022202320242025€-1M€0€1M€2M€3MOperating result 2023: €-484k€-484kNet result 2023: €-429k€-429kOperating result 2024: €2.66M€2.7MNet result 2024: €1.55M€1.5MOperating result 2025: €677k€677kNet result 2025: €367k€367k202320242025
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.08M
Fixed assets €20.88M ▲ 27.6%
Current assets €1.20M ▲ 169%
Equity and liabilities €22.08M
Equity €5.26M ▼ 25.3%
Provisions €742k ▼ 13.9%
Debt €16.08M ▲ 80.5%
Debt's share of the balance-sheet total rises from 53.0% to 72.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.77M▼
2024 · €3.07M
Cash flow
€1.46M▼
2024 · €1.95M
Current ratio
0.13▼
2024 · 0.29
Debt to equity
3.06▲
2024 · 1.27
ROE
7.0%▼
2024 · 22.0%
ROA
1.7%▼
2024 · 9.2%
Interest coverage
6.47▼
2024 · 10.51
Debt ≤ 1 year
€9.33M▲
2024 · €1.54M
Debt > 1 year
€6.73M▼
2024 · €7.34M
Income taxes
€41k▲
2024 · €15k
Staff costs
€419▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 65 lines
Balance sheet Code20242025
Assets
Total assets20/58€16.81M€22.08M▲
Fixed assets21/28€16.36M€20.88M▲
Tangible fixed assets22/27€16.36M€20.87M▲
Land and buildings22€12.28M€16.94M▲
Plant, machinery and equipment23€31k€17k▼
Furniture and vehicles24€9k€6k▼
Other tangible fixed assets26€1.43M€3.51M▲
Assets under construction and advance payments27€2.61M€399k▼
Financial fixed assets28€1€3k▲
Current assets29/58€448k€1.20M▲
Amounts receivable within one year40/41€251k€154k▼
Trade receivables40€222k€44k▼
Other amounts receivable41€30k€110k▲
Cash at bank and in hand54/58€188k€1.04M▲
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€16.81M€22.08M▲
Equity10/15€7.04M€5.26M▼
Contributions10/11€296k€164k▼
Reserves13€6.72M€4.50M▼
Non-distributable reserves130/1€30k€16k▼
Reserves not available under the articles1311€30k€16k▼
Tax-exempt reserves132€2.58M€2.22M▼
Distributable reserves133€4.11M€2.26M▼
Profit (loss) carried forward14€-46k€559k▲
Investment grants15€67k€29k▼
Provisions and deferred taxes16€861k€742k▼
Deferred taxes168€861k€742k▼
Amounts payable17/49€8.91M€16.08M▲
Amounts payable after more than one year17€7.34M€6.73M▼
Financial debts170/4€7.33M€6.73M▼
Other amounts payable178/9€9k€0▼
Amounts payable within one year42/48€1.54M€9.33M▲
Current portion of amounts payable after more than one year42€685k€640k▼
Financial debts43-€7.11M
Credit institutions430/8-€7.11M
Trade debts44€145k€749k▲
Suppliers440/4€145k€749k▲
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€12k€3k▼
Other amounts payable47/48€694k€831k▲
Accrued charges and deferred income492/3€37k€16k▼
Income statement Code20242025
Non-recurring operating income76A-€114k
Remuneration, social security and pensions62€2k€419▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405k€1.09M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-990€-2k▼
Other operating charges640/8€175k€241k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€3.25M€2.01M▼
Operating profit (loss)9901€2.66M€677k▼
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€415k€274k▼
Recurring financial charges65€292k€274k▼
Non-recurring financial charges66B€123k€0▼
Profit (loss) for the period before taxes9903€2.26M€410k▼
Transfer from deferred taxes780€14k€14k▼
Transfer to deferred taxes680€711k€16k▼
Income taxes67/77€15k€41k▲
Profit (loss) for the period9904€1.55M€367k▼
Transfer from tax-exempt reserves789€42k€41k▼
Transfer to tax-exempt reserves689€2.13M€47k▼
Profit (loss) for the period to be appropriated9905€-546k€361k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€559k▲
Profit (loss) brought forward from the previous period14P€500k€197k▼
Social balance
Average headcount (FTE)90874.03.5▼

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A----€114k-
Remuneration, social security and pensions62€408k€187k€2k€2k€419▼ 74.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€319k€184k€177k€405k€1.09M▲ 170%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-19k€-22k€-2k€-990€-2k▼ 124%
Other operating charges640/8€134k€160k€597k€175k€241k▲ 37.4%
Non-recurring operating charges66A€780€14k€-7k€4k€0▼ 100%
Gross operating margin9900€1.03M€723k€282k€3.25M€2.01M▼ 38.2%
Operating profit (loss)9901€186k€199k€-484k€2.66M€677k▼ 74.6%
Financial income75/76B€4k€705€14k€10k€7k▼ 29.0%
Recurring financial income75€4k€705€14k€10k€7k▼ 29.0%
Financial charges65/66B€14k€41k€150k€415k€274k▼ 34.1%
Recurring financial charges65€14k€41k€150k€292k€274k▼ 6.2%
Non-recurring financial charges66B---€123k€0▼ 100%
Profit (loss) for the period before taxes9903€176k€159k€-620k€2.26M€410k▼ 81.8%
Transfer from deferred taxes780€363€363€191k€14k€14k▼ 2.5%
Transfer to deferred taxes680€80k€106k-€711k€16k▼ 97.8%
Income taxes67/77€10k€183€-19€15k€41k▲ 175%
Profit (loss) for the period9904€86k€53k€-429k€1.55M€367k▼ 76.2%
Transfer from tax-exempt reserves789-€31k€560k€42k€41k▼ 2.5%
Transfer to tax-exempt reserves689€241k€319k-€2.13M€47k▼ 97.8%
Profit (loss) for the period to be appropriated9905€-154k€-235k€131k€-546k€361k▲ 166%
Line20212022202320242025Change
Assets
Total assets20/58€3.76M€2.80M€9.63M€16.81M€22.08M▲ 31.4%
Fixed assets21/28€2.87M€2.19M€9.13M€16.36M€20.88M▲ 27.6%
Tangible fixed assets22/27€2.86M€2.19M€9.13M€16.36M€20.87M▲ 27.6%
Land and buildings22€2.15M€1.54M€7.07M€12.28M€16.94M▲ 37.9%
Plant, machinery and equipment23€32k€13k€9k€31k€17k▼ 47.3%
Furniture and vehicles24€15k€7k€14k€9k€6k▼ 33.3%
Other tangible fixed assets26€668k€621k€679k€1.43M€3.51M▲ 146%
Assets under construction and advance payments27--€1.36M€2.61M€399k▼ 84.7%
Financial fixed assets28€3k€3k€135€1€3k▲ 302,500%
Current assets29/58€895k€613k€495k€448k€1.20M▲ 169%
Amounts receivable within one year40/41€355k€180k€409k€251k€154k▼ 38.7%
Trade receivables40€244k€107k€358k€222k€44k▼ 80.1%
Other amounts receivable41€111k€72k€51k€30k€110k▲ 270%
Current investments50/53€2k€3k----
Cash at bank and in hand54/58€529k€426k€67k€188k€1.04M▲ 455%
Deferred charges and accrued income490/1€10k€4k€20k€9k€6k▼ 36.4%
Equity and liabilities
Total equity and liabilities10/49€3.76M€2.80M€9.63M€16.81M€22.08M▲ 31.4%
Equity10/15€2.32M€2.38M€2.33M€7.04M€5.26M▼ 25.3%
Contributions10/11€19k€19k€72k€296k€164k▼ 44.4%
Outside capital11€19k€19k€72k---
Other1109/19€19k€19k€72k---
Reserves13€2.28M€2.56M€2.27M€6.72M€4.50M▼ 33.0%
Non-distributable reserves130/1€2k€2k€7k€30k€16k▼ 46.5%
Reserves not available under the articles1311€2k€2k€7k€30k€16k▼ 46.5%
Tax-exempt reserves132€272k€560k-€2.58M€2.22M▼ 13.9%
Distributable reserves133€2.00M€2.00M€2.26M€4.11M€2.26M▼ 44.9%
Profit (loss) carried forward14€18k€-218k€-4k€-46k€559k▲ 1,326%
Investment grants15€12k€13k-€67k€29k▼ 56.9%
Provisions and deferred taxes16€87k€191k-€861k€742k▼ 13.9%
Deferred taxes168€87k€191k-€861k€742k▼ 13.9%
Amounts payable17/49€1.35M€232k€7.29M€8.91M€16.08M▲ 80.5%
Amounts payable after more than one year17--€4.69M€7.34M€6.73M▼ 8.2%
Financial debts170/4--€4.69M€7.33M€6.73M▼ 8.1%
Other amounts payable178/9---€9k€0▼ 100%
Amounts payable within one year42/48€1.34M€228k€2.59M€1.54M€9.33M▲ 508%
Current portion of amounts payable after more than one year42-€4k€264k€685k€640k▼ 6.5%
Financial debts43----€7.11M-
Credit institutions430/8----€7.11M-
Trade debts44€110k€208k€59k€145k€749k▲ 417%
Suppliers440/4€110k€208k€59k€145k€749k▲ 417%
Taxes, remuneration and social security45€74k€7k-€12k€3k▼ 77.0%
Taxes450/3€30k--€12k€3k▼ 77.0%
Remuneration and social security454/9€44k€7k----
Other amounts payable47/48€1.15M€9k€2.26M€694k€831k▲ 19.8%
Accrued charges and deferred income492/3€14k€4k€15k€37k€16k▼ 57.0%
Line20212022202320242025Change
Profit (loss) for the period9904€86k€53k€-429k€1.55M€367k▼ 76.2%
+ Depreciation and write-downs630€319k€184k€177k€405k€1.09M▲ 170%
Operating cash flow (approximation)€406k€237k€-252k€1.95M€1.46M▼ 25.1%
Investment in fixed assets (approximation)-€494k€-7.12M€-7.64M€-5.61M▲ 26.6%
Change in cash-€-103k€-359k€121k€856k▲ 605%

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 31-07-2027
2026
15-09
State Gazette act Resignation: Katrien SNEPPE (director)
2 facts ▸
  • General meeting, 04-05-2026
  • Director resignation, Katrien SNEPPE (director)
03-09
State Gazette act Capital & shares
Auditor report · Capital increase · Capital contribution9 facts ▸
  • General meeting, 31-08-2026
  • Other statement, dispense de lecture des rapports
  • Auditor report, 28-08-2026
  • Capital increase, €1.958.132
  • Capital contribution
  • Share issue, aucune action nouvelle n’est émise en rémunération de cet apport, 0
  • Capital increase, €1.958.132
  • Power of attorney
  • Power of attorney, Olivier BROUWERS
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
11-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 20-06-2025
  • Registered-office move, Rue de l'Artisanat 10 à 5020 SUARLEE
09-02
State Gazette act Capital & shares · Resignations & appointments · Restructuring · Miscellaneous
Demerger · Real estate · Share issue10 facts ▸
  • General meeting, 23-12-2025
  • Demerger, scission partielle par absorption, immobilière non opérationnelle
  • Real estate, Ensemble industriel rue Maréchal Foch 21, Flémalle (parcelles 245/M4, 245/V/3); Bâtiment industriel Quai du Halage 10 (parcelle 300 S 2); Terrain industriel Qua…
  • Share issue, 32398, contrepartie de la scission partielle
  • Capital increase, €178.562,48
  • Statutes amendment, Article 5
  • Power of attorney, Marie-Josèphe CHAMPION
  • Share reduction, 2077
  • No cash consideration, Aucune soulte ni autre contrepartie en numéraire ne sera versée à l'actionnaire de la Société à Scinder
  • Exchange ratio, 274, 3.031.755,79 EUR
04-02
State Gazette act Restructuring
Demerger · Real estate · Share issue12 facts ▸
  • General meeting, 23-12-2025
  • Demerger, partial absorption, immobilière non opérationnelle
  • Real estate, Appartement A1 et parking P1 dans la Résidence Weyler II, Route de Longwy, 574, Arlon; Entrepôts à Virton (Latour)
  • Share issue, 34, contrepartie de la scission de LUX MAINTENANCE
  • Capital increase, €29.474,7
  • Demerger, partial absorption, immobilière
  • Real estate, Bâtiment industriel rue Maréchal Foch 21, Flémalle-Haute; Parcelles de terrain industriel Quai du Halage, Flémalle-Haute
  • Share issue, 42, contrepartie de la scission de INDUSTRIE ET MAINTENANCE
  • Capital increase, €17.804,69
  • Statutes amendment, Article 5
  • Power of attorney, RACINE SRL
  • Statutes amendment, Article 5
2025
09-10
State Gazette act Restructuring
Appointment: LIBRA - AUDIT & ASSURANCE (statutory auditor) · Demerger · Real estate15 facts ▸
  • Board meeting, 29-09-2025
  • Demerger, 442.089,30 EUR, 149
  • Demerger, 355.810,00 EUR, 309
  • Demerger, 3.016.230,79 EUR, 283
  • Real estate, FLEMALLE 1 DIV/FLEMALLE-HAUTE/, Rue Maréchal Foch 21 +, 4400 Flémalle, B 0245 00 T 006; Quai du Halage, B 0245 00 D 005; Quai du Halage, B 0245 00 F 005; Quai d…
  • Real estate, ARLON 3 DIV/AUTELBAS/, Route de Longwy 574, 6700 Arlon, B 0012 00 C 000 (P0020, P0004); VIRTON 4 DIV/ LATOUR/, Zoning Industriel de Ruette Latour 5, 6761 Virton…
  • Auditor appointment, LIBRA - AUDIT & ASSURANCE
  • Auditor appointment, LIBRA - AUDIT & ASSURANCE
  • Board meeting, 29-09-2025
  • Board meeting, 29-09-2025
  • Liability transfer, LUX MAINTENANCE
  • Capital increase, €17.304,69
  • +3 further facts in this act
81% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
11-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €1.55M
Net result €1.55M after one loss-making year.
31-12
Financial Equity above €5MEq €7.04M ▲202%
Equity rises from €2.33M to €7.04M.
17-10
State Gazette act Statutes amendment · Restructuring
Merger · Dissolution · Share issue15 facts ▸
  • General meeting, 12-09-2024
  • Merger, 12-09-2024
  • Merger, 12-09-2024
  • Dissolution, 12-09-2024
  • Dissolution, 12-09-2024
  • Share issue, 1389, fusion par absorption
  • Purpose change, La société a pour objet, pour compte propre, pour compte de tiers ou en participation, en Belgique et à l'étranger, toutes activités généralement quelconques se…
  • Statutes amendment
  • Real estate, Immeubles situés à Etterbeek, Auderghem, Waterloo, Libramont-Chevigny, Saint-Hubert, Charleroi, Liège et en Espagne (Orihuela)
  • Real estate, Immeubles situés à Charleroi (Jumet) et Charleroi (Résidence Orléans 11)
  • Valuation, 6.223.047,60 €, 7.023,26 €
  • Valuation, 6.741.865,81 €, 2.371,39 €
  • +3 further facts in this act
24-07
State Gazette act Restructuring
Appointment: LIBRA - AUDIT & ASSURANCE (réviseur d'entreprises) · Merger · Capital45 facts ▸
  • Merger, 09-09-2024
  • Merger, 09-09-2024
  • Capital, €72.475
  • Capital, €192.559,36
  • Capital, €30.652
  • Share issue, 960, fusion
  • Share issue, 429, fusion
  • Accounting effect, 09-09-2024
  • Auditor appointment, LIBRA - AUDIT & ASSURANCE (réviseur d'entreprises)
  • Auditor appointment, LIBRA - AUDIT & ASSURANCE (réviseur d'entreprises)
  • Auditor appointment, LIBRA - AUDIT & ASSURANCE (réviseur d'entreprises)
  • Real estate, Avenue d'Auderghem 194, 1040 Etterbeek; B 0006 00 Y 008; P0005
  • +33 further facts in this act
Show earlier events
28-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €-429k
Net result drops to €-429k, the lowest in the series; recovery starts the following year.
21-11
State Gazette act Capital & shares · Purpose · Statutes amendment · Resignations & appointments · Restructuring
Demerger · Share issue · Capital increase18 facts ▸
  • General meeting, 29-09-2023
  • Demerger, scission partielle par absorption, immobilière
  • Share issue, actions nouvelles ordinaires, 136
  • Capital increase, €409.168,7
  • Real estate, Maison d'habitation sise rue du Midi, numéro 1, cadastrée anciennement section B numéro 56 E et actuellement numéro 0056EP0000, contenance 60 m², revenu cadastr…
  • Real estate, Bâtiment industriel et maison d'habitation sis rue de l'Industrie, numéros 26 et 28, cadastrés section B numéros 64 F 4 et 64 A 3 (actuellement 0064F4P0000 et 0…
  • Real estate, Hall industriel, comprenant des bureaux, repris sous entrepôt au cadastre, sis rue de l'Industrie, 24, cadastré section B numéros 64/K/4 (actuellement 0064K4P00…
  • Real estate, 1% en pleine propriété de: 1/ Bâtiment industriel, sis rue de l'Industrie 40, cadastré section B, numéro 0064S4P0000, contenance 4242 m², revenu cadastral 10.83…
  • Real estate, Maison d'habitation avec dépendances, sur et avec terrain, l'ensemble sis Rue de l'Industrie numéro 53, cadastré section B, numéro 0065C5P0000, superficie 113 m…
  • Purpose change, La société a pour objet tant en Belgique qu'à l'étranger pour compte propre, pour compte de tiers ou en participation, en Belgique et à l'étranger, toutes activ…
  • Name change, XLG IMMO
  • Power of attorney, RACINE SCRL
  • +6 further facts in this act
24-08
State Gazette act Restructuring
Appointment: LIBRA - AUDIT & ASSURANCE (statutory auditor) · Demerger · Capital decrease17 facts ▸
  • Demerger, Scission partielle de l'Activité Immobilière
  • Capital decrease, €52.534,93
  • Capital increase, €409.168,7
  • Share issue, 136, échange des 412 actions à éliminer dans la Société à Scinder
  • Accounting effect, 01-10-2023
  • Real estate, Un bien immobilier (maison) sis Rue du Midi 1, 4420 Saint-Nicolas, cadastrée section B numéro 56 E pour une contenance suivant cadastre de 60 m².
  • Real estate, Un bien immobilier (bâtiment industriel) sis Rue de l'Industrie 26, 4420 Saint-Nicolas, cadastrée section B numéro 64 F 4 pour une contenance suivant cadastre d…
  • Real estate, Un bien immobilier (entrepôt) sis Rue de l'Industrie 24, 4420 Saint-Nicolas, cadastrée section B numéro 64 K 4 pour une contenance suivant cadastre de 1.595 m²
  • Real estate, Un bien immobiller (maison) sis Rue de l'Industrie 28, 4420 Saint-Nicolas, cadastrée section B numéro 64 A 3 pour une contenance suivant cadastre de 55 m²
  • Real estate, 1/100 du bien immobilier (bâtiment industriel) sis Rue de l'Industrie 40, 4420 Saint-Nicolas, cadastrée section B numéro 64 S 4 pour une contenance suivant cada…
  • Real estate, 1/100 du bien immobilier (maison/ appartement) sis Rue de l'Industrie 40, 4420 Saint-Nicolas, cadastrée section B numéro 64 T 4 pour une contenance suivant cada…
  • Real estate, Un bien immobilier (maison) sis Rue de l'Industrie 53, 4420 Saint-Nicolas, cadastrée section B numéro 65 C 5 pour une contenance suivant cadastre de 113 m²
  • +5 further facts in this act
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
03-05
State Gazette act Reappointments: Katrien SNEPPE, Adnan UZUN and 2 others
Appointments: Gatien LALOUX (administrateur délégué à la gestion journalière) and Jean KRAFT de la SAULX (administrateur délégué à la gestion journalière) · Purpose change · Statutes amendment15 facts ▸
  • General meeting, 28-04-2023
  • Purpose change, La société a pour objet tant en Belgique qu'à l'étranger : Toutes opérations se rapportant aux travaux de nettoyage, rénovation, lavage, dépoussiérage et entret…
  • Statutes amendment
  • Statutes amendment
  • Reserve release, Suppression du compte de capitaux propres statutairement indisponible (capital libéré et réserve légale) et mise à disposition pour distribution
  • Statutes amendment
  • Shares issued, actions émises en rémunération des apports
  • Director reappointment, Katrien SNEPPE (non-statutory director)
  • Director reappointment, Adnan UZUN (non-statutory director)
  • Director reappointment, Jean KRAFT de la SAULX (non-statutory director)
  • Director reappointment, Gatien LALOUX (non-statutory director)
  • Director appointment, Gatien LALOUX (administrateur délégué à la gestion journalière)
  • +3 further facts in this act
2022
31-12
Financial Liquidity quadruplescurrent ratio 2.69
Current ratio from 0.67 to 2.69; short-term debt falls from €1.34M to €228k.
12-12
State Gazette act Resignation: Karel STAELENS (director)
Appointment: Katrien SNEPPE (director) · Registered-office move5 facts ▸
  • General meeting, 31-10-2022
  • Director resignation, Karel STAELENS (director)
  • Director appointment, Katrien SNEPPE (director)
  • Board meeting, 31-10-2022
  • Registered-office move, Rue Maréchal Foch 21 à 4400 FLEMALLE
16-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 16 days late
11-04
State Gazette act Resignation: Miche! LALOUX (director)
Appointments: Adnan UZUN, Jean KRAFT de la SAULX and 2 others6 facts ▸
  • General meeting, 15-12-2021
  • Director resignation, Miche! LALOUX (director)
  • Director appointment, Adnan UZUN (director)
  • Director appointment, Jean KRAFT de la SAULX (director)
  • Director appointment, Karel STAELENS (director)
  • Director appointment, Gatien LALOUX (director)
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
09-02
State Gazette act Purpose · Restructuring
Merger · Dissolution · Net-asset statement14 facts ▸
  • General meeting, 26-12-2016
  • Merger, 26-12-2016
  • Dissolution, 26-12-2016
  • Net-asset statement, 31-12-2014
  • Real estate, Un atelier industriel avec dépendances, sur et avec terrain, sis Parc Industriel D, cadastré section B, numéro 0318L4P0000, d'une superficie de 29 a 92 ca et au…
  • Purpose change, Activités de mécanique générale et de prestation de main-d'œuvre en ce compris le décapage de pièces industrielles.
  • Power of attorney, Gérant
  • Accounting effect, 01-01-2016
  • Power of attorney, Michel LALOUX
  • Mortgage, 16-10-2001
  • Mortgage, 22-06-1993
  • Mortgage, 10-10-2012
  • +2 further facts in this act
2016
17-11
State Gazette act Restructuring
Merger · Accounting effect2 facts ▸
  • Merger
  • Accounting effect, 01-01-2016
2015
13-01
State Gazette act Restructuring
Merger1 fact ▸
  • Merger, absorption
2014
09-04
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 26-03-2014
  • Registered-office move, 4400 FLEMALLE Zoning Industriel d'Ivoz-Ramet, n° 15
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
17 of 17 acts read

Directors · office · real estate

Directors
3 directors, last change in 2026
Adnan UZUN
Director · since 15-12-2021
Current
Gatien Laloux
Administrateur délégué à la gestion journalière · since 15-12-2021
Current
Jean Kraft de la Saulx
Administrateur délégué à la gestion journalière · since 15-12-2021
Current
04-05-2026 Katrien SNEPPE: Resigned as Director
28-04-2023 Gatien Laloux: Appointed as Administrateur délégué à la gestion journalière
28-04-2023 Jean Kraft de la Saulx: Appointed as Administrateur délégué à la gestion journalière
31-10-2022 Katrien SNEPPE: Appointed as Director
31-10-2022 Karel STAELENS: Resigned as Director
Full history in the Timeline (10 changes) →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2014
seat establishment approximate The establishment unit on the map
Ground area
2.6 ha
Building footprint
513 m²
Volume, LiDAR
3,748 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Maréchal Foch 21, 4400 Flémalle
Renting and operating of own or leased residential real estate, excluding social housing
since 20142.254.037.696
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92120F0021/00L004 Wallonia 2.6 ha 1 · 455 m² 10.4 m · 3 fl.
62037B0190/00Z002indicative Wallonia 148 m² 1 · 59 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
LIBRA - AUDIT & ASSURANCECurrent
Auditor
14-08-2023 → present

Articles of association

Purpose
La société a pour objet tant en Belgique qu'à l'étranger : - Toutes opérations se rapportant aux travaux de nettoyage, rénovation, lavage, dépoussiérage et entretien de biens…
Full purpose

La société a pour objet tant en Belgique qu'à l'étranger : - Toutes opérations se rapportant aux travaux de nettoyage, rénovation, lavage, dépoussiérage et entretien de biens meubles et immeubles, y compris les espaces verts, de décapage, dégraissage, sablage, ravalement, mise en crépis et recouvrement de toutes surfaces; de détartrage, vidange, épuration; de vérification, maintenance et réparations de tous biens immobiliers, y compris les appareillages de service; de gestion et de contrôle des énergies; de surveillance et de gardiennage; intérim, risk management, d'achat, vente, importation, distribution, transport de tout matériel ou produit nécessaire, utile ou connexe à la réalisation de l'objet social. Tous travaux de peinture industrielle. - La construction, la fabrication, la transformation, l'achat, la vente, la prise et la mise en location, la représentation, le courtage, l'importation, l'exportation de toutes machines quelconques, de tous accessoires et pièces de rechange, de tous articles et marchandises, de tout genre de matériel, sans réserve ni exception. -Toutes opérations généralement quelconques, pour son propre compte ou pour compte de tiers, se rattachant directement ou à la prestation de services en matière d'exploitation et de gestion de bureaux d'étude, de missions d'expertise, d'organisation et de conseil dans les domaines relevant de ou connexes à l'objet social. Toutes opérations relatives à l'exploitation d'ateliers de carrosserie et de réparation mécanique de véhicules à moteur ou autres, de station de lavage de tout véhicule, à l'achat et la vente de tous produits relatifs à l'entretien de tous véhicules, l'achat, la vente, le montage et le démontage de pneus et jantes et toutes opérations relatives à l'achat, la vente et la location de véhicules neufs ou d'occasion. - Toutes opérations relatives à la démolition d'immeubles et au désamiantage, en ce compris l'évacuation des déchets et le retraitement de ceux-ci. Activités de mécanique générale et de prestation de main d'œuvre en ce compris le décapage de pièces industrielles. - Pour compte propre, pour compte de tiers ou en participation, en Belgique et à l'étranger, toutes activités généralement quelconques se rapportant à l'immobilier et à la construction, et notamment la constitution et la gestion d'un propre patrimoine immobilier, l'acquisition par l'achat ou autrement, la vente, l'échange, la construction, la transformation, l'amélioration, l'équipement, l'aménagement, l'embellissement, l'entretien, la location (et location financement), la prise en location, l'évaluation, l'expertise, l'état des lieux, le lotissement, la prospection et l'exploitation de biens immeubles, ainsi que toutes prestations de conseils et services dans le secteur immobilier, en ce compris la gestion de projets. Elle peut réaliser toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet ou de nature à en favoriser la réalisation et le développement. La société peut s'intéresser par voie d'apport, de souscription, de cession, de participation, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations et entreprises, tant en Belgique qu'à l'étranger. Elle peut emprunter et prêter à toutes sociétés et se porter caution pour elles, même hypothécairement. La société pourra prendre la direction et le contrôle, en sa qualité d'administrateur, liquidateur ou autrement, d'autres sociétés et leur prodiguer des avis. Le tout, sous réserve des activités requérant un accès à la profession ou des spécialités réglementées par la loi, lesquelles s'exerceront à défaut d'accès reconnu à la société par le biais de sous-traitants spécialisés.

Structure & network

Connections & network

8 connected companies

Acquisitions and mergers

8 transactions
BE 0541.365.908merger by absorption · State Gazette act of 17-10-2024 (2 acts) · effective 12-09-2024
Took over:CARO IMMO
BE 0454.184.187merger by absorption · State Gazette act of 17-10-2024 (2 acts) · effective 12-09-2024
Took over:NERVILOR
BE 0434.841.102merger by absorption · State Gazette act of 09-02-2017 (3 acts) · effective 26-12-2016
Received in a demerger part of:LUX MAINTENANCE
BE 0861.077.710proposal · State Gazette act of 09-10-2025
Received in a demerger part of:ISOTOIT-ISOPLAST
BE 0428.416.039partial demerger · State Gazette act of 21-11-2023 (2 acts) · effective 01-10-2023
BE 0874.069.869partial demerger · State Gazette act of 04-02-2026 (3 acts) · effective 23-12-2025
Split off to:LUX MAINTENANCE
BE 0436.088.739partial demerger · State Gazette act of 04-02-2026 · effective 23-12-2025
Demerger with:Xpert54
BE 0423.335.714partial demerger · State Gazette act of 23-02-2026 (3 acts) · effective 23-12-2025

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 03-09-2026 ↗
  • Actionnaire unique de XLG IMMO in kind

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 03-09-2026 Capital increase of 1,958,132 EUR · to 1,958,132 EUR · in kind
  2. 09-02-2026 Capital increase of 178,562.48 EUR · 32,398 new shares
  3. 04-02-2026 Capital increase of 29,474.70 EUR · 34 new shares
  4. 04-02-2026 Capital increase of 17,804.69 EUR · 42 new shares
  5. 24-07-2024 Capital stated in the act · 72,475 EUR · 886 shares
  6. 21-11-2023 Capital increase of 409,168.70 EUR · to 72,475.33 EUR
  7. 24-08-2023 Capital increase of 409,168.70 EUR · 136 new shares

Similar companies · same sector, comparable size

Of 1,707 companies in sector 81230 we hold annual accounts for 473. 84 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
Founded04-05-1994
Fiscal year end31-12
Abbreviation FR T.S.N.
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
43341Painting of buildings
95313Repair and fitting of specific motor vehicle parts

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