Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
XSYSYS from Kortrijk, company number BE0416647563, closed financial year 2026 with a result of € -13,258 after tax. For that financial year XSYSYS recorded a gross margin of € -8,488 and equity of € 23,616. Compared with financial year 2025, the result moved from € -4,805 to € -13,258. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2026.
€ 23,616
▼ 36% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,258
▼ 176 % more loss than in 2025
Profit after tax over the fiscal year.
€ 17,274
▲ 31% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,384.
Debts at end 2026
€ 414,552
▼ 7% vs 2025
€ 41,996 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -10,382 | € -11,523 | € -8,083 | € -8,488 | ▼ € 405 |
| Profit after taxes | € -12,920 | € -15,401 | € -4,805 | € -13,258 | ▼ € 8,453 |
| Equity | € -12,920 | € 41,679 | € 36,874 | € 23,616 | ▼ 36% |
| Total debts | € 571,075 | € 540,930 | € 549,061 | € 1,006,372 | ▲ 83% |
| Cash | € 27,669 | € 11,299 | € 13,175 | € 17,274 | ▲ 31% |
| Retained profit | € -12,920 | € -28,321 | € -33,126 | € -46,384 | ▼ € 13,258 |
| Bank debt | € 528,108 | € 488,315 | € 447,801 | € 414,552 | ▼ 7% |
| Balance sheet total | € 558,155 | € 582,609 | € 585,935 | € 1,029,988 | ▲ 76% |
Key figures of XSYSYS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to XSYSYS?
What happened at XSYSYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 13,258. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,920 loss in 2023 to € 13,258 loss in 2026.
Establishments
Establishment units
Physical locations of this company
Nieuwpoortstraat(Kor) 22
8500 Kortrijk
Beneluxpark(Kor) 33
8500 Kortrijk
Active since 26 January 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.647.563
- VAT number
- BE 0416.647.563
- Registered office
- Nieuwpoortstraat(Kor) 22, 8500 Kortrijk
- Names & denominations
- XSYSYS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1976
- Peppol
- Active · Active since 30 Jan 2025
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