Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Xii from Gent, company number BE0465273465, closed financial year 2026 with a result of € -1,093 after tax. For that financial year Xii recorded a gross margin of € 279,926 and equity of € -57,809. Compared with financial year 2025, the result moved from € 1,485 to € -1,093. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ -57,809
▼ € 1,093 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,093
▼ still € 1,485 profit in 2025
Profit after tax over the fiscal year.
€ 706
▼ 47% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64,009.
People and assets in 2026
€ 278,642
▲ 9% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 11,071
▲ 14% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 61,533
▼ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 404,241 | € 396,151 | € 259,107 | € 279,926 | ▲ 8% |
| Profit after taxes | € -12,815 | € 20,679 | € 1,485 | € -1,093 | ▼ € 2,578 |
| Equity | € -78,881 | € -58,201 | € -56,716 | € -57,809 | ▼ € 1,093 |
| Total debts | € 98,536 | € 78,000 | € 87,583 | € 76,697 | ▼ 12% |
| Cash | € 1,087 | € 615 | € 1,333 | € 706 | ▼ 47% |
| Retained profit | € -85,081 | € -64,401 | € -62,916 | € -64,009 | ▼ € 1,093 |
| Balance sheet total | € 19,655 | € 19,799 | € 30,867 | € 18,888 | ▼ 39% |
Key figures of Xii, 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 Xii?
What happened at Xii in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 1,093 (▼ € 2,578 vs 2025). Source: NBB ↗
- Michaël Geens became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,815 loss in 2023 to € 1,093 loss in 2026.
Paid € 3,118 in corporate taxes since 2023.
Best year ever: 2024, with € 20,679 profit.
Management
Behind Xii is Michaël Geens. Michaël Geens is also behind e2e and i-works.
Establishments
Establishment units
Physical locations of this company
Bruiloftstraat 127
9050 Gent
Koning Albertlaan 145
9000 Gent
Active since 4 March 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Guidoc
€ 460,063 gross margin · 2025
GUIDO
€ 953,222 gross margin · 2026
IMPROVE
€ 78,778 gross margin · 2025
e2e same network
€ 783,168 gross margin · 2025
Albatros24
€ 12,133 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.273.465
- VAT number
- BE 0465.273.465
- Registered office
- Bruiloftstraat 127, 9050 Gent
- Names & denominations
- Xii
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1999
- Peppol
- Active · Active since 8 Jan 2025
- Activities · NACE
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