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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Studiebureau X-act from Denderleeuw, company number BE0597664213, closed financial year 2025 with a result of € 786 after tax. For that financial year Studiebureau X-act recorded a gross margin of € 223,418 and equity of € 19,386. Compared with financial year 2024, the result moved from € 51,252 to € 786. The company is profitable. The buffer shrank hard: equity is 79 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 19,386
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 786
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 75,680
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 72,560 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.3
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 194,057
▲ 88% vs 2024
€ 84,400 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.
€ 15,122
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,489
▼ 23% vs 2024
€ 3,838 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,157
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,047
▲ 78% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 118,742 | € 178,662 | € 200,762 | € 223,418 | ▲ 11% |
| Profit after taxes | € 19,349 | € 52,358 | € 51,252 | € 786 | ▼ 98% |
| Equity | € 39,908 | € 39,908 | € 91,160 | € 19,386 | ▼ 79% |
| Total debts | € 154,440 | € 150,342 | € 120,879 | € 183,946 | ▲ 52% |
| Cash | € 48,832 | € 8,464 | € 47,184 | € 75,680 | ▲ 60% |
| Retained profit | € 21,308 | € 21,308 | € 72,560 | € 786 | ▼ 99% |
| Dividend | € 76,000 | € 52,358 | € 0 | € 72,560 | |
| Bank debt | € 51,132 | € 33,134 | € 21,536 | € 16,489 | ▼ 23% |
| Balance sheet total | € 194,348 | € 190,250 | € 212,039 | € 203,332 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1.2 | 2.3 | ▲ 1.1 |
Key figures of Studiebureau X-act, 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 Studiebureau X-act?
What happened at Studiebureau X-act in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 786 (▼ 98% vs 2024). Source: NBB ↗
- New establishment in Denderleeuw. KBO
- Griet Laton became a director. NBB
- Tim Eylenbosch became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,349 profit in 2022 to € 786 profit in 2025.
Paid € 44,130 in corporate taxes since 2022.
Best year ever: 2023, with € 52,358 profit.
On average € 97,100 of value added per employee in 2025.
Management
Behind Studiebureau X-act are Griet Laton and Tim Eylenbosch. It owns 33.3% of Vesting itself.
Directors
According to the 2025 annual accounts
Griet Laton
Director
since 2015
since 2015
Establishments
Establishment units
Physical locations of this company
Elf Dagwand 4
9473 Denderleeuw
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0597.664.213
- VAT number
- BE 0597.664.213
- Registered office
- Elf Dagwand 4, 9473 Denderleeuw
- Names & denominations
- Studiebureau X-act
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2015
- Peppol
- Active · Active since 3 Jun 2025
- Contact
- x-act.be
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