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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
XLR from Sint-Gillis (bij-Brussel), company number BE0447165644, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year XLR recorded a gross margin of € 3.3 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 948,296 to € 1.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 2.8 million
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 371,589
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
28 % of the profit went to the shareholders, mostly to LKS TRADE (50 % of the shares). That is where the money ends up.
People and assets in 2025
10.3
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 680,794
▲ 29% vs 2024
€ 66,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,937
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 749,122
▼ 16% vs 2024
€ 159,050 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 79,436
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 423,018
▲ 217% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,189,778 | € 2,007,047 | € 2,187,594 | € 3,288,392 | ▲ 50% |
| Profit after taxes | € 511,396 | € 903,498 | € 948,296 | € 1,412,998 | ▲ 49% |
| Equity | € 880,758 | € 1,384,256 | € 1,832,552 | € 2,845,551 | ▲ 55% |
| Total debts | € 1,382,100 | € 2,219,407 | € 2,024,050 | € 1,675,622 | ▼ 17% |
| Cash | € 563,815 | € 1,031,338 | € 447,531 | € 371,589 | ▼ 17% |
| Land & buildings | € 499,841 | € 614,479 | € 567,581 | € 528,378 | ▼ 7% |
| Retained profit | € 874,550 | € 1,322,756 | € 1,771,052 | € 2,784,051 | ▲ 57% |
| Dividend | € 300,000 | € 400,000 | € 500,000 | € 400,000 | ▼ 20% |
| Bank debt | € 871,656 | € 951,172 | € 891,445 | € 749,122 | ▼ 16% |
| Balance sheet total | € 2,262,858 | € 3,603,664 | € 3,856,603 | € 4,600,123 | ▲ 19% |
| Employees (FTE) | 6.9 | 7.5 | 8.1 | 10.3 | ▲ 2.2 |
Key figures of XLR, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to XLR?
What happened at XLR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 49% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- New establishment in Wemmel. KBO
- DBA BV became a director. NBB
- LKS TRADE BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 511,396 profit in 2021 to € 1.4 million profit in 2025.
Paid € 775,201 in corporate taxes since 2021.
Best year ever: 2025, with € 1.4 million profit.
On average € 319,300 of value added per employee in 2025.
Management
The stake of LKS TRADE, DBA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
XLRBehind XLR are DBA BV and LKS TRADE BV. The shares are held by LKS TRADE (50%) and DBA (50%).
Directors
According to the 2025 annual accounts
Director · represented by Jan DE BRUCKER
since 2012
Director · represented by Louis LUKUSA
since 2012
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Charleroise Steenweg 24-26/2F
1060 Sint-Gillis (bij-Brussel)
J. Bruyndonckxstraat 72
1780 Wemmel
Active since 14 October 2019
Charleroise Steenweg 24-26 box 2F
1060 Sint-Gillis (bij-Brussel)
Active since 15 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.165.644
- VAT number
- BE 0447.165.644
- Registered office
- Charleroise Steenweg 24-26/2F, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- XLR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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