Financials
Financial year 2025
XS-CARGO from Rijkevorsel, company number BE0630938379, closed financial year 2025 with a result of € 11,536 after tax. For that financial year XS-CARGO recorded a gross margin of € 744,353 and equity of € 123,346. Compared with financial year 2024, the result moved from € 4,337 to € 11,536. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 123,346
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,536
▲ 166% vs 2024
Profit after tax over the fiscal year.
€ 18,938
▲ 46% 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 € 73,346.
People and assets in 2025
7.3
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 544,829
▲ 32% vs 2024
€ 74,600 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.
€ 413,678
▲ 5% vs 2024
Of which on lease € 257,098.
Debts at end 2025
€ 401,577
▲ 13% vs 2024
€ 81,620 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 99,671
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,861
▼ 22% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 305,326 | € 551,473 | € 598,996 | € 744,353 | ▲ 24% |
| Profit after taxes | € 1,884 | € 4,035 | € 4,337 | € 11,536 | ▲ 166% |
| Equity | € 103,439 | € 107,473 | € 111,810 | € 123,346 | ▲ 10% |
| Total debts | € 241,711 | € 364,367 | € 641,722 | € 574,329 | ▼ 11% |
| Cash | € 23,148 | € 24,293 | € 13,014 | € 18,938 | ▲ 46% |
| Retained profit | € 53,439 | € 57,473 | € 61,810 | € 73,346 | ▲ 19% |
| Bank debt | € 115,542 | € 182,797 | € 355,089 | € 401,577 | ▲ 13% |
| Balance sheet total | € 345,150 | € 471,840 | € 753,532 | € 697,675 | ▼ 7% |
| Employees (FTE) | - | 4.4 | 5.3 | 7.3 | ▲ 2 |
Key figures of XS-CARGO, 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 XS-CARGO?
What happened at XS-CARGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,536 (▲ 166% vs 2024). filed late Source: NBB ↗
- New establishment in Rijkevorsel. KBO
- Jan Michielsen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,884 profit in 2022 to € 11,536 profit in 2025.
Paid € 16,175 in corporate taxes since 2022.
Best year ever: 2025, with € 11,536 profit.
On average € 102,000 of value added per employee in 2025.
Management
Behind XS-CARGO is Jan Michielsen. Jan Michielsen is also behind XS Logistics.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Merksplassesteenweg 97 box 4
2310 Rijkevorsel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →THERMOHEATING
€ 224,736 gross margin · 2025
PNI Projects
€ 346,737 gross margin · 2025
27 On The Road
€ 937,153 gross margin · 2025
XS Logistics same network
€ 57,000 revenue · 2025
VERENIGING VAN MEDE-EIGENAARS VAN HET GEBOUW TE 2310 RIJKEVORSEL MERKSPLASSESTEENWEG 97 BEDRIJVENPARK VRIJKENSHEIDE II
+3 more
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
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Website info
Features
Security
Details
- Company number
- 0630.938.379
- VAT number
- BE 0630.938.379
- Registered office
- Merksplassesteenweg 97 bus 4, 2310 Rijkevorsel
- Names & denominations
- XS-CARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2015
- Peppol
- Active · Active since 28 Sept 2025
- Contact
- xscargo.be +32473575072
- Activities · NACE
Goederenvervoer over de weg
Logistieke diensten
Overige vervoerondersteunende activiteiten
Fokken en houden van paarden en andere paardachtigen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis