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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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Figures corrected NBB
Corrected annual account filed for 2022.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
Xwift from Nazareth-De Pinte, company number BE0464886950, closed financial year 2022 with a result of € 1.7 million after tax. For that financial year Xwift recorded revenue of € 23.6 million and equity of € 3.5 million. Compared with financial year 2021, the result moved from € 529,054 to € 1.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2023.
€ 3.5 million
▲ 53% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 222% vs 2021
Profit after tax over the fiscal year.
€ 2.8 million
▲ 191% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 481,419 paid out
28 % of the profit went to the shareholders, mostly to INBOX (97 % of the shares). That is where the money ends up.
People and assets in 2022
200.3
▲ 18 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 9.9 million
▲ 14% vs 2021
€ 49,700 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.
€ 4 million
▲ 104% vs 2021
Of which on lease € 3.7 million.
Debts at end 2022
€ 9.5 million
▲ 63% vs 2021
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.7 million
▲ 52% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 2 million
▲ 19% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 17,793,007 | € 23,624,351 | ▲ 33% |
| Profit after taxes | € 529,054 | € 1,705,580 | ▲ 222% |
| Equity | € 2,299,644 | € 3,523,805 | ▲ 53% |
| Total debts | € 8,996,644 | € 14,811,439 | ▲ 65% |
| Cash | € 964,133 | € 2,804,089 | ▲ 191% |
| Land & buildings | € 2,687,995 | € 2,719,985 | ▲ 1% |
| Retained profit | € 2,281,052 | € 3,505,213 | ▲ 54% |
| Dividend | € 0 | € 481,419 | |
| Bank debt | € 5,843,429 | € 9,513,181 | ▲ 63% |
| Balance sheet total | € 11,296,288 | € 18,535,244 | ▲ 64% |
| Employees (FTE) | 182.3 | 200.3 | ▲ 18 |
Key figures of Xwift, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Xwift?
What happened at Xwift in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Lier. KBO
- New establishment in Evergem. KBO
- New establishment in Gent. KBO
- New establishment in Mouscron. KBO
- New establishment in Antwerpen. KBO
- Corrected annual accounts filed for financial year 2022. filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- New establishment in Sint-Martens-Latem. KBO
In short
From € 529,054 profit in 2021 to € 1.7 million profit in 2022.
Paid € 598,737 in corporate taxes since 2021.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 481,419 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Steenweg Deinze 148
9810 Nazareth-De Pinte
Oudburgweg 29 box B
9830 Sint-Martens-Latem
Active since 1 January 2020
Dijkstraat 10
9160 Lokeren
Active since 1 January 2023
Terbekehofdreef 6-8 box 6
2610 Antwerpen
Active since 1 January 2024
Sint-Rochusstraat(H) 10
7712 Mouscron
Active since 1 April 2025
Skaldenstraat 92 box 3350A
9042 Gent
Active since 1 July 2025
Zonneweg 21 box Unit C&D
9940 Evergem
Active since 1 October 2025
Kelderveld 10
2500 Lier
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.886.950
- VAT number
- BE 0464.886.950
- Registered office
- Steenweg Deinze 148, 9810 Nazareth-De Pinte
- Names & denominations
- Xwift
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1998
- Peppol
- Active · Active since 14 Feb 2025
- Activities · NACE
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