Financials
Financial year 2025
XL & CARS from Sint-Truiden, company number BE0526948441, closed financial year 2025 with a result of € 30,516 after tax. For that financial year XL & CARS recorded a gross margin of € 127,864 and equity of € 337,603. Compared with financial year 2024, the result moved from € -404 to € 30,516. 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 June 23, 2026.
€ 337,603
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,516
▲ still € 404 loss in 2024
Profit after tax over the fiscal year.
€ 87,586
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 299,003.
People and assets in 2025
€ 70,977
▼ 25% vs 2024
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 2025
€ 125,000
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 15,831
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,323
▲ 167% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,530 | € 89,370 | € 112,126 | € 127,864 | ▲ 14% |
| Profit after taxes | € 40,222 | € -19,262 | € -404 | € 30,516 | ▲ € 30,920 |
| Equity | € 326,752 | € 307,490 | € 307,087 | € 337,603 | ▲ 10% |
| Total debts | € 238,147 | € 187,396 | € 259,288 | € 208,749 | ▼ 19% |
| Cash | € 42,536 | € 19,382 | € 100,463 | € 87,586 | ▼ 13% |
| Land & buildings | € 13,705 | € 16,300 | € 14,508 | € 12,716 | ▼ 12% |
| Retained profit | € 288,152 | € 268,890 | € 268,487 | € 299,003 | ▲ 11% |
| Bank debt | € 173,000 | € 140,334 | € 132,667 | € 125,000 | ▼ 6% |
| Balance sheet total | € 564,899 | € 494,886 | € 566,375 | € 546,352 | ▼ 4% |
| Employees (FTE) | 1 | 1 | - | - |
Key figures of XL & CARS, 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 XL & CARS?
What happened at XL & CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,516. Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,222 profit in 2022 to € 30,516 profit in 2025.
Paid € 20,570 in corporate taxes since 2022.
Best year ever: 2022, with € 40,222 profit.
On average € 89,400 of value added per employee in 2023.
Management
Behind XL & CARS is Denis ARTEMOV. Denis ARTEMOV is also behind AVTOLUX.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Helshovenstraat 24
3800 Sint-Truiden
Industrieweg 5A
3840 Tongeren-Borgloon
Active since 11 April 2013
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
- 0526.948.441
- VAT number
- BE 0526.948.441
- Registered office
- Helshovenstraat 24, 3800 Sint-Truiden
- Names & denominations
- XL & CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2013
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)