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Xplicite

Active
Private limited companyfounded 20197 yrs activeBijkhoevelaan 34a, 2110 Wijnegem, BelgiumKBO/BCE: BE 0728.719.329

Xplicite has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €242k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 25% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+31
Solvency46▼-41
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 2.03 in 2024; short-term debt: 77.2% and cash: 55.3% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 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
21.2%
Return on assets
42.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 6 filings
Deviation from the deadline
2025
26 d late
2024
16 d early
2023
5 d early
2022
6 d early
2021
3 d early
2020
2 d early
← before the deadline after the deadline →
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
21-09-2026 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, micro schema

Equity
€120k▼ 50.8%
2024 · €243k
2020: €138k 2021: €212k 2022: €298k 2023: €242k 2024: €243k
2020 → 2025
Total assets
€565k▲ 44.0%
2024 · €393k
2020: €229k 2021: €312k 2022: €386k 2023: €347k 2024: €393k
2020 → 2025
Net result
€242k▲ 20,157%
2024 · €1k
2020: €88k 2021: €74k 2022: €86k 2023: €-56k 2024: €1k
2020 → 2025
Working capital
€32k▼ 76.3%
2024 · €133k
2020: €119k 2021: €190k 2022: €210k 2023: €127k 2024: €133k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€212k-€298k▲ 40.8%€242k▼ 18.8%€243k▲ 0.5%€120k▼ 50.8%
Operating result€97k-€106k▲ 9.6%€-54k€7k€318k▲ 4,666%
Net result€74k-€86k▲ 16.7%€-56k€1k€242k▲ 20,157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2021: €97k€97kNet result 2021: €74k€74kOperating result 2022: €106k€106kNet result 2022: €86k€86kOperating result 2023: €-54k€-54kNet result 2023: €-56k€-56kOperating result 2024: €7k€7kNet result 2024: €1k€1kOperating result 2025: €318k€318kNet result 2025: €242k€242k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4,666% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €565k
Fixed assets €97k▼ 25.5%
Current assets €468k▲ 78.5%
Equity and liabilities €565k
Equity €120k▼ 50.8%
Debt €445k▲ 198%
The debt ratio rises from 38.1% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€353k
2024 · €45k
Cash flow
€276k
2024 · €40k
Solvency
21.2%
2024 · 61.9%
Current ratio
1.07
2024 · 2.03
Quick ratio
1.07
2024 · 2.03
Debt / equity
3.72
2024 · 0.61
ROE
201.9%
2024 · 0.5%
ROA
42.8%
2024 · 0.3%
Interest coverage
91.12
2024 · 8.49
Debt
€445k
2024 · €149k
Debt ≤ 1 year
€437k
2024 · €129k
Debt > 1 year
€9k
2024 · €20k
Income taxes
€74k
2024 · €430
Staff costs
€179k
2024 · €201k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€393k€565k
Fixed assets21/28€130k€97k
Tangible fixed assets22/27€121k€87k
Plant, machinery and equipment23€61k€45k
Furniture and vehicles24€26k€13k
Other tangible fixed assets26€34k€30k
Financial fixed assets28€10k€10k=
Current assets29/58€262k€468k
Amounts receivable within one year40/41€188k€154k
Trade receivables40€188k€137k
Other amounts receivable41-€17k
Cash at bank and in hand54/58€70k€313k
Deferred charges and accrued income490/1€4k€2k
Equity and liabilities
Total equity and liabilities10/49€393k€565k
Equity10/15€243k€120k
Contributions10/11€50k€1
Reserves13€193k€120k
Distributable reserves133€193k€120k
Amounts payable17/49€149k€445k
Amounts payable after more than one year17€20k€9k
Financial debts170/4€20k€9k
Amounts payable within one year42/48€129k€437k
Current portion of amounts payable after more than one year42€11k€12k
Trade debts44€26k€15k
Suppliers440/4€26k€15k
Taxes, remuneration and social security45€67k€69k
Taxes450/3€37k€51k
Remuneration and social security454/9€29k€17k
Other amounts payable47/48€25k€341k
Income statement Code20242025
Remuneration, social security and pensions62€201k€179k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€35k
Other operating charges640/8€3k€2k
Gross operating margin9900€250k€533k
Operating profit (loss)9901€7k€318k
Financial income75/76B€286€1k
Recurring financial income75€286€1k
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€2k€315k
Income taxes67/77€430€74k
Profit (loss) for the period9904€1k€242k
Profit (loss) for the period to be appropriated9905€1k€242k
Appropriation of the result
Profit (loss) to be appropriated9906€1k€242k
Transfer from equity791/2-€193k
Transfer to equity691/2€1k€120k
To other reserves6921€1k€120k
Profit to be distributed694/7-€315k
Return on contributions (dividend)694-€315k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial Highest result since 2020net €242k ▲20157%
Operating result €318k, net result €242k, both a record.
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-56k ▼165%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200kEq €212k ▲53.8%
2 profitable years in a row build equity to €212k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Wijnegem · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Bijkhoevelaan 34a2110 Wijnegem
Ground area
4,190 m²
Building footprint
620 m²
Volume, LiDAR
194 m³
Parcel 11050A0061/00H000, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
1 establishment unit
Xplicite
Bijkhoevelaan 34a, 2110 WijnegemManufacture of metal structures and parts of structures
since 20192.290.848.802
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0061/00H000 Flanders 4,190 m² 1 · 620 m² 6.6 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 233 EUR awarded
Year Entries awardedpaid
2022 1 233 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 233 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,863 companies in sector 73110 we hold annual accounts for 3,755. 3,004 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-06-2019
Fiscal year end31-12
Activities, NACEBEL
32990Other manufacturing not elsewhere classified
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.