Financials
Financial year 2025
XQTING from Gent, company number BE0690946638, closed financial year 2025 with a result of € 117,301 after tax. For that financial year XQTING recorded a gross margin of € 629,202 and equity of € 600,182. Compared with financial year 2024, the result moved from € 210,449 to € 117,301. 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 May 21, 2026.
€ 600,182
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,301
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 363,086
▼ 27% 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 € 540,182.
People and assets in 2025
€ 426,521
▼ 12% 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.
€ 59,547
▼ 15% vs 2024
Of which on lease € 58,207.
Debts at end 2025
€ 61,477
▲ 3% vs 2024
€ 26,490 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 158,010
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,851
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 465,470 | € 446,873 | € 828,004 | € 629,202 | ▼ 24% |
| Profit after taxes | € 51,851 | € -3,057 | € 210,449 | € 117,301 | ▼ 44% |
| Equity | € 286,072 | € 283,015 | € 487,881 | € 600,182 | ▲ 23% |
| Total debts | € 329,337 | € 344,076 | € 374,628 | € 387,091 | ▲ 3% |
| Cash | € 381,095 | € 413,671 | € 496,333 | € 363,086 | ▼ 27% |
| Retained profit | € 226,072 | € 223,015 | € 427,881 | € 540,182 | ▲ 26% |
| Bank debt | € 66,067 | € 30,399 | € 59,591 | € 61,477 | ▲ 3% |
| Balance sheet total | € 615,410 | € 627,091 | € 862,510 | € 987,273 | ▲ 14% |
| Employees (FTE) | - | 4.3 | 6.8 | - |
Key figures of XQTING, 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 XQTING?
What happened at XQTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,301 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Herzele. KBO
- ZICON became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 51,851 profit in 2022 to € 117,301 profit in 2025.
Paid € 151,040 in corporate taxes since 2022.
Best year ever: 2024, with € 210,449 profit.
On average € 121,800 of value added per employee in 2024.
Management
The stake of ZICON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
XQTINGBehind XQTING is ZICON. The shares are held by ZICON (45%).
Establishments
Establishment units
Physical locations of this company
Buchtenstraat 7 box 301
9051 Gent
Kampenstraat 27
9552 Herzele
Active since 26 February 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
IE-TILDAPUBLISHING-1, IE
DNS
GoDaddy DNS
Website info
Features
Security
Details
- Company number
- 0690.946.638
- VAT number
- BE 0690.946.638
- Registered office
- Buchtenstraat 7 bus 301, 9051 Gent
- Names & denominations
- XQTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2018
- Peppol
- Active · Active since 27 Jan 2026
- Contact
- xqting.be
- Activities · NACE
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