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 9 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
XERO from Kasterlee, company number BE0674532951, closed financial year 2026 with a result of € -6,754 after tax. For that financial year XERO recorded a gross margin of € -54,510 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 11,044 to € -6,754. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 1.3 million
▼ 22% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,754
▼ still € 11,044 profit in 2025
Profit after tax over the fiscal year.
€ 125,034
▼ 18% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2026
€ 10,232
▼ 42% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.3 million
▲ 5% vs 2025
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,441
▲ 243% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 430
▲ 25% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -30,384 | € -14,246 | € -54,270 | € -54,510 | |
| Profit after taxes | € 420,460 | € 2,807 | € 11,044 | € -6,754 | ▼ € 17,797 |
| Equity | € 2,025,909 | € 1,778,716 | € 1,624,760 | € 1,265,006 | ▼ 22% |
| Total debts | € 262,570 | € 1,389,794 | € 1,265,361 | € 1,597,480 | ▲ 26% |
| Cash | € 160,252 | € 229,337 | € 151,786 | € 125,034 | ▼ 18% |
| Land & buildings | € 204,994 | € 199,593 | € 194,192 | € 188,792 | ▼ 3% |
| Retained profit | € 2,007,309 | € 1,760,116 | € 1,606,160 | € 1,246,406 | ▼ 22% |
| Dividend | € 230,000 | € 250,000 | € 165,000 | € 353,000 | ▲ 114% |
| Bank debt | € 206,788 | € 1,384,959 | € 1,262,825 | € 1,322,200 | ▲ 5% |
| Balance sheet total | € 2,288,479 | € 3,168,510 | € 2,890,121 | € 2,862,487 | ▼ 1% |
Key figures of XERO, 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 XERO?
What happened at XERO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 6,754 (▼ € 17,797 vs 2025). Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 420,460 profit in 2023 to € 6,754 loss in 2026.
Paid € 7,466 in corporate taxes since 2023.
Best year ever: 2023, with € 420,460 profit.
Paid out € 998,000 in dividends to the owners in total.
Management
Behind XERO is Gunter Serneels. It owns 100% of GAMMA SIGMA and 13.9% of Mundi Ventures bv itself.
Directors
According to the 2026 annual accounts
Gunter Serneels
Director
Establishments
Establishment units
Physical locations of this company
Mezenstraat 40
2460 Kasterlee
Herentalseweg 37
2250 Olen
Active since 13 April 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.532.951
- VAT number
- BE 0674.532.951
- Registered office
- Mezenstraat 40, 2460 Kasterlee
- Names & denominations
- XERO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2017
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
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