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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHECKPOINT X from Wielsbeke, company number BE0459502262, closed financial year 2025 with a result of € 46,745 after tax. For that financial year CHECKPOINT X recorded a gross margin of € 137,984 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 36,174 to € 46,745. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1.1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,745
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 11,935
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,833 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 272,003
▼ 17% vs 2024
€ 66,970 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 41,443
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,050
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 190,505 | € 288,533 | € 210,422 | € 137,984 | ▼ 34% |
| Profit after taxes | € 49,583 | € 139,387 | € 36,174 | € 46,745 | ▲ 29% |
| Equity | € 989,964 | € 1,092,698 | € 1,108,261 | € 1,084,282 | ▼ 2% |
| Total debts | € 1,018,099 | € 959,479 | € 844,097 | € 696,311 | ▼ 18% |
| Cash | € 4,957 | € 5,647 | € 14,970 | € 11,935 | ▼ 20% |
| Land & buildings | € 1,181,411 | € 1,064,524 | € 955,910 | € 873,415 | ▼ 9% |
| Retained profit | € 907,046 | € 1,035,600 | € 1,070,916 | € 1,056,828 | ▼ 1% |
| Dividend | € 72,800 | € 10,833 | € 859 | € 60,833 | ▲ € 59,974 |
| Bank debt | € 444,209 | € 388,093 | € 329,627 | € 272,003 | ▼ 17% |
| Balance sheet total | € 2,008,063 | € 2,052,176 | € 1,952,358 | € 1,780,594 | ▼ 9% |
Key figures of CHECKPOINT X, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CHECKPOINT X?
What happened at CHECKPOINT X in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,745 (▲ 29% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wielsbeke. KBO
In short
From € 49,583 profit in 2022 to € 46,745 profit in 2025.
Paid € 116,484 in corporate taxes since 2022.
Best year ever: 2023, with € 139,387 profit.
Paid out € 145,325 in dividends to the owners in total.
Management
Behind CHECKPOINT X is Giovanni Verborg. It owns 35.1% of Onetowin, 27.8% of TELEVITAS, 20.5% of SPICEE and 13.6% of SPENCO itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Driesstraat 8A
8710 Wielsbeke
Driesstraat 8 A
8710 Wielsbeke
Active since 10 December 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.502.262
- VAT number
- BE 0459.502.262
- Registered office
- Driesstraat 8A, 8710 Wielsbeke
- Names & denominations
- CHECKPOINT X
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1996
- Peppol
- Active · Active since 13 Dec 2022
- Activities · NACE
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