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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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
XL FINANCES from Ukkel, company number BE0477060846, closed financial year 2024 with a result of € 943,969 after tax. For that financial year XL FINANCES recorded a gross margin of € -17,828 and equity of € 7.8 million. Compared with financial year 2023, the result moved from € 3.6 million to € 943,969. The company is profitable. 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 December 22, 2025.
€ 7.8 million
▲ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 943,969
▼ 74% vs 2023
Profit after tax over the fiscal year.
€ 194
▼ 84% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 7.8 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 70
Loans from banks and other lenders, long and short.
€ 28,694
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4.5 million
▲ € 4.3 million vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | - | - | € -17,828 | |
| Profit after taxes | € -3,101,909 | € -5,979,092 | € 3,577,998 | € 943,969 | ▼ 74% |
| Equity | € 9,237,822 | € 3,258,731 | € 6,836,729 | € 7,780,698 | ▲ 14% |
| Total debts | € 29,768,465 | € 29,446,889 | € 227,940 | € 4,687,723 | ▲ € 4.5 million |
| Cash | € 9,073 | € 354 | € 1,221 | € 194 | ▼ 84% |
| Land & buildings | € 28,219,341 | € 27,428,890 | € 0 | - | |
| Retained profit | € 9,217,822 | € 3,238,731 | € 6,816,729 | € 7,760,698 | ▲ 14% |
| Bank debt | € 0 | € 0 | € 0 | € 70 | |
| Balance sheet total | € 45,681,390 | € 40,134,296 | € 14,299,799 | € 16,364,421 | ▲ 14% |
Key figures of XL FINANCES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to XL FINANCES?
What happened at XL FINANCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 943,969 (▼ 74% vs 2023). filed late Source: NBB ↗
- Management Gestion & Services became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million loss in 2021 to € 943,969 profit in 2024.
Paid € 4.4 million in corporate taxes since 2021.
Best year ever: 2023, with € 3.6 million profit.
Management
The stake of LOUISE VILLAGE SA, SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
XL FINANCESBehind XL FINANCES is Management Gestion & Services. The shares are held by LOUISE VILLAGE SA (99.5%) and SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (0.5%). It owns 14.5% of COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL (CBIC) itself.
Directors
According to the 2024 annual accounts
Director · represented by Gérald Hibert
Also active at: Immobilière de la Toison d'Or, Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS +35 more
since 2023
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Immobilière de la Toison d'Or same network
€ 1.4 million revenue · 2024
Société d'Etudes et de Réalisations de la Galerie Louise same network
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
+53 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
- 0477.060.846
- VAT number
- BE 0477.060.846
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- XL FINANCES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2002
- Peppol
- Active · Active since 11 Jan 2026