Xinfor
ActiveSummary
Xinfor has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1k) and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-85
Solvency21▼-29
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.77 in 2024; short-term debt: 80.9% and cash: 21.4% of total assets), and equity is negative.
Credit advice for your own amount and term
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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.3%
Return on assets
-43.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
4 d early
2023
30 d late
2022
26 d late
2021
30 d late
2020
24 d late
2019
46 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-1k
2024 · €12k
2018: €-19k
2019: €-9k
2020: €-2k
2021: €-3k
2022: €24
2023: €6k
2024: €12k
2018 → 2025
Total assets
€30k▼ 36.6%
2024 · €48k
2018: €8k
2019: €8k
2020: €6k
2021: €6k
2022: €13k
2023: €14k
2024: €48k
2018 → 2025
Net result
€-13k
2024 · €6k
2018: €3k
2019: €10k
2020: €7k
2021: €-1k
2022: €3k
2023: €6k
2024: €6k
2018 → 2025
Working capital
€-17k▼ 217%
2024 · €-5k
2018: €-22k
2019: €-12k
2020: €-5k
2021: €-6k
2022: €-2k
2023: €1k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€24€6k▲ 23,977%€12k▲ 107%€-1k
Operating result€-1k-€3k€7k▲ 114%€11k▲ 50.9%€-12k
Net result€-1k-€3k€6k▲ 69.8%€6k▲ 7.6%€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€23k ▼ 21.1%
Current assets
€7k ▼ 61.3%
Key figures and ratios
EBITDA
€-4k▼
2024 · €17k
Cash flow
€-6k▼
2024 · €12k
Solvency
-4.3%▼
2024 · 24.6%
Current ratio
0.29▼
2024 · 0.77
Debt to equity
-24.37▼
2024 · 3.06
ROA
-43.1%▼
2024 · 12.7%
Interest coverage
-3.46▼
2024 · 18.74
Debt
€32k▼
2024 · €36k
Debt ≤ 1 year
€24k▲
2024 · €24k
Debt > 1 year
€7k▼
2024 · €12k
Income taxes
€337▼
2024 · €4k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€30k▼
Fixed assets21/28€29k€23k▼
Tangible fixed assets22/27€27k€21k▼
Plant, machinery and equipment23€1k€983▼
Furniture and vehicles24€26k€20k▼
Financial fixed assets28€3k€3k=
Current assets29/58€18k€7k▼
Amounts receivable within one year40/41€268€669▲
Other amounts receivable41€268€669▲
Cash at bank and in hand54/58€18k€6k▼
Equity and liabilities
Total equity and liabilities10/49€48k€30k▼
Equity10/15€12k€-1k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-9k€-22k▼
Amounts payable17/49€36k€32k▼
Amounts payable after more than one year17€12k€7k▼
Financial debts170/4€12k€7k▼
Amounts payable within one year42/48€24k€24k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€911€60▼
Suppliers440/4€911€60▼
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€13k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€19k€-3k▼
Operating profit (loss)9901€11k€-12k▼
Financial income75/76B€58€73▲
Recurring financial income75€58€73▲
Financial charges65/66B€890€1k▲
Recurring financial charges65€890€1k▲
Profit (loss) for the period before taxes9903€10k€-13k▼
Income taxes67/77€4k€337▼
Profit (loss) for the period9904€6k€-13k▼
Profit (loss) for the period to be appropriated9905€6k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-22k▼
Profit (loss) brought forward from the previous period14P€-15k€-9k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-13k ▼315%
Net result drops to €-13k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Highest result since 2018net €10k ▲289%
Net result €10k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merelbeke-Melle · 1 establishment unit since 1998
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.
Ettingen 269820 Merelbeke-MelleGround area
453 m²
Building footprint
102 m²
Volume, LiDAR
1 m³
Parcel 44412B0481/00B002, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
Ettingen 26, 9820 Merelbeke-Melle
since 19982.088.357.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0481/00B002 | Flanders | 453 m² | 1 · 102 m² | 0.4 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
HAPPS DEVELOPMENT
BE 0640.873.060
Sint-Pieters-Leeuw · Eq €11,759
Estee
BE 1003.781.437
Aalst · Eq €11,752
INNOVATIVE METHODOLOGIES & MANAGEMENT CONSULTING
BE 0644.462.555
Engis · Eq €11,747
DIGI-LAB
BE 0786.898.543
Ellezelles · Eq €11,746
4HaFeJe
BE 0744.727.693
Geetbets · Eq €11,781
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 10,351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-09-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.