Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2021; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
X-SPEED from La Louvière, company number BE0695426751, closed financial year 2021 with a result of € -20,310 after tax. For that financial year X-SPEED recorded a gross margin of € -12,958 and equity of € -3,160. Compared with financial year 2020, the result moved from € 27,477 to € -20,310. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 17, 2022.
€ -3,160
▼ € 20,310 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,310
▼ still € 27,477 profit in 2020
Profit after tax over the fiscal year.
€ 1,949
▲ 136% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,360.
People and assets in 2021
€ 3,285
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,782
▼ 41% vs 2020
Book value of vehicles, furniture and equipment.
Debts at end 2021
None
No bank loans on the last day of the fiscal year.
€ 91,444
Supplier invoices still open on the last day of the fiscal year.
€ 2,233
▼ 77% vs 2020
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € 32,616 | € -12,958 | ▼ € 45,575 |
| Profit after taxes | € 27,477 | € -20,310 | ▼ € 47,787 |
| Equity | € 17,150 | € -3,160 | ▼ € 20,310 |
| Total debts | € 119,949 | € 103,864 | ▼ 13% |
| Cash | € 824 | € 1,949 | ▲ 136% |
| Retained profit | € 10,950 | € -9,360 | ▼ € 20,310 |
| Dividend | € 18,000 | € 0 | ▼ 100% |
| Balance sheet total | € 137,098 | € 100,704 | ▼ 27% |
Key figures of X-SPEED, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to X-SPEED?
What happened at X-SPEED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
X-SPEED is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 20,310 (▼ € 47,787 vs 2020). filed late Source: NBB ↗
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,477 profit in 2020 to € 20,310 loss in 2021.
Paid € 2,030 in corporate taxes since 2020.
Best year ever: 2020, with € 27,477 profit.
Paid out € 18,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Chaussée Paul Houtart(H-A) 281
7110 La Louvière
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.426.751
- VAT number
- BE 0695.426.751
- Registered office
- Chaussée Paul Houtart(H-A) 281, 7110 La Louvière
- Names & denominations
- X-SPEED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 April 2018
- Peppol
- Not registered
- Activities · NACE
Goederenvervoer over de weg