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 31 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
XERXES ADVANCED INFORMATION SYSTEMS from Bornem, company number BE0466469337, closed financial year 2026 with a result of € 273,173 after tax. For that financial year XERXES ADVANCED INFORMATION SYSTEMS recorded a gross margin of € 558,724 and equity of € 867,048. Compared with financial year 2025, the result moved from € 238,882 to € 273,173. 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 26, 2026.
€ 867,048
▲ 9% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 273,173
▲ 14% vs 2025
Profit after tax over the fiscal year.
€ 35,930
▼ 79% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 195,000 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
2.5
▲ 0.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 142,250
▲ 20% vs 2025
€ 56,900 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.
€ 91,609
▼ 26% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 10,673
▼ 51% vs 2025
Loans from banks and other lenders, long and short.
€ 30,556
▲ € 25,331 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 57,905
▲ 7% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 460,725 | € 462,149 | € 487,547 | € 558,724 | ▲ 15% |
| Profit after taxes | € 195,972 | € 208,583 | € 238,882 | € 273,173 | ▲ 14% |
| Equity | € 974,538 | € 986,121 | € 798,003 | € 867,048 | ▲ 9% |
| Total debts | € 101,024 | € 297,004 | € 475,504 | € 281,459 | ▼ 41% |
| Cash | € 357,753 | € 394,409 | € 167,486 | € 35,930 | ▼ 79% |
| Retained profit | € 927,841 | € 939,424 | € 751,306 | € 820,351 | ▲ 9% |
| Dividend | € 0 | € 190,000 | € 420,000 | € 195,000 | ▼ 54% |
| Bank debt | € 74,726 | € 79,186 | € 21,572 | € 10,673 | ▼ 51% |
| Balance sheet total | € 1,075,562 | € 1,283,125 | € 1,273,507 | € 1,148,507 | ▼ 10% |
| Employees (FTE) | 2.9 | 2.4 | 1.9 | 2.5 | ▲ 0.6 |
Key figures of XERXES ADVANCED INFORMATION SYSTEMS, 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 XERXES ADVANCED INFORMATION SYSTEMS?
What happened at XERXES ADVANCED INFORMATION SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 273,173 (▲ 14% vs 2025). Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 195,972 profit in 2023 to € 273,173 profit in 2026.
Paid € 396,059 in corporate taxes since 2023.
Best year ever: 2026, with € 273,173 profit.
On average € 223,500 of value added per employee in 2026.
Management
The stake of UTILIUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
XERXES ADVANCED INFORMATION SYSTEMSBehind XERXES ADVANCED INFORMATION SYSTEMS are Dennis DE SMET and Katie SCHILDERS. The shares are held by UTILIUS (0%).
Establishments
Establishment units
Physical locations of this company
Reedonk(BOR) 8
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0466.469.337
- VAT number
- BE 0466.469.337
- Registered office
- Reedonk(BOR) 8, 2880 Bornem
- Names & denominations
- XERXES ADVANCED INFORMATION SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1999
- Peppol
- Active · Active since 3 Sept 2025
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