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XTATHYX

Active
Private limited company (pre-2019)founded 200224 yrs activeChemin du Grand Marais(ISI) 50, 7822 Ath, BelgiumKBO/BCE: BE 0478.243.355

XTATHYX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €533. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 37976 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
81 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-8
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 9.91 against 15.19 in 2023), and 8.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
elevated failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-05-2025, 75 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
75 d early
2023
19 d late
2022
32 d early
2021
11 d early
2020
29 d early
2019
44 d early
← before the deadline after the 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 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€533▼ 82.4%
2023 · €3k
2018: €-2k 2019: €-8k 2020: €109k 2021: €31k 2022: €22k 2023: €3k
2018 → 2024
Working capital
€135k▲ 8.4%
2023 · €125k
2018: €-220k 2019: €-232k 2020: €102k 2021: €107k 2022: €124k 2023: €125k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€100k-€132k▲ 31.3%€153k▲ 16.4%€156k▲ 2.0%€157k▲ 0.3%
Operating result€110k-€32k▼ 71.0%€22k▼ 31.7%€23k▲ 6.9%€24k▲ 3.2%
Net result€109k-€31k▼ 71.2%€22k▼ 31.2%€3k▼ 86.0%€533▼ 82.4%
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €110k€110kNet result 2020: €109k€109kOperating result 2021: €32k€32kNet result 2021: €31k€31kOperating result 2022: €22k€22kNet result 2022: €22k€22kOperating result 2023: €23k€23kNet result 2023: €3k€3kOperating result 2024: €24k€24kNet result 2024: €533€53320202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172k
Fixed assets €22k▼ 31.6%
Current assets €151k▲ 12.7%
Equity and liabilities €172k
Equity €157k▲ 0.3%
Debt €15k▲ 72.8%
The debt ratio rises from 5.3% to 8.8%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€34k
2023 · €32k
Cash flow
€11k
2023 · €12k
Solvency
91.2%
2023 · 94.7%
Current ratio
9.91
2023 · 15.19
Quick ratio
9.91
2023 · 15.19
Debt / equity
0.10
2023 · 0.06
ROE
0.3%
2023 · 1.9%
ROA
0.3%
2023 · 1.8%
Interest coverage
1.57
2023 · 1.74
Debt
€15k
2023 · €9k
Debt ≤ 1 year
€15k
2023 · €9k
Income taxes
€2k
2023 · €2k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€165k€172k
Fixed assets21/28€32k€22k
Tangible fixed assets22/27€32k€22k
Furniture and vehicles24€32k€22k
Financial fixed assets28€25€25=
Current assets29/58€134k€151k
Amounts receivable within one year40/41€33k€26k
Trade receivables40€32k€24k
Other amounts receivable41€1k€2k
Cash at bank and in hand54/58€97k€121k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€165k€172k
Equity10/15€156k€157k
Contributions10/11€12k€12k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€127k€128k
Amounts payable17/49€9k€15k
Amounts payable within one year42/48€9k€15k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45€5k€8k
Taxes450/3€5k€8k
Other amounts payable47/48€113€3k
Income statement Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k
Other operating charges640/8€909€890
Gross operating margin9900€33k€35k
Operating profit (loss)9901€23k€24k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€18k€22k
Recurring financial charges65€18k€22k
Profit (loss) for the period before taxes9903€5k€2k
Income taxes67/77€2k€2k
Profit (loss) for the period9904€3k€533
Profit (loss) for the period to be appropriated9905€3k€533
Appropriation of the result
Profit (loss) to be appropriated9906€127k€128k
Profit (loss) brought forward from the previous period14P€124k€127k

The notes to these accounts (5 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

2025
17-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity times 7current ratio 28.20
Current ratio from 4.10 to 28.20; short-term debt falls from €35k to €5k.
31-12
Financial Equity above €150kEq €153k ▲16.4%
3 profitable years in a row build equity to €153k.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €109k
Net result €109k after 2 loss-making years.
31-12
Financial Liquidity times 747current ratio 5.67
Current ratio from 0.01 to 5.67; short-term debt falls from €234k to €22k.
31-12
Financial Equity above €100kEq €100k
Equity rises from €-9k to €100k.
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
02-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Ath · 1 establishment unit since 2002
exact location from the address register On OpenStreetMap
Ground area
3,152 m²
Building footprint
209 m²
Volume, LiDAR
1,322 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de Nivelles 27, 1300 Wavre
Warehousing and support activities for transportation
since 20022.114.173.396
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055A0207/00P003 Wallonia 2,009 m² 1 · 54 m² 7.4 m · 2 fl.
51036B0089/00L000 Wallonia 1,143 m² 1 · 155 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 82,142 companies in sector 70200 we hold annual accounts for 52,371. 40,613 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded02-09-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.