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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SIXTH GENERATION from Kontich, company number BE0698985166, closed financial year 2025 with a result of € -116,798 after tax. For that financial year SIXTH GENERATION recorded revenue of € 322,876 and equity of € -432,508. Compared with financial year 2024, the result moved from € -110,352 to € -116,798. 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 July 27, 2026.
€ -432,508
▼ € 116,798 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -116,798
▼ 6 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,710
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -494,518.
People and assets in 2025
2.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 120,749
▲ 24% vs 2024
€ 52,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 48,554
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,907
▲ 171% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 117,099 | € 338,139 | € 322,876 | ▼ 5% |
| Gross margin | € 3,333 | € -98,933 | € 6,958 | € 29,943 | ▲ € 22,985 |
| Profit after taxes | € -8,818 | € -144,729 | € -110,352 | € -116,798 | ▼ € 6,446 |
| Equity | € -266,703 | € -205,358 | € -315,710 | € -432,508 | ▼ € 116,798 |
| Total debts | € 276,271 | € 374,644 | € 436,850 | € 575,207 | ▲ 32% |
| Cash | € 4,540 | € 6,199 | € 10,501 | € 7,710 | ▼ 27% |
| Retained profit | € -328,713 | € -267,368 | € -377,720 | € -494,518 | ▼ € 116,798 |
| Balance sheet total | € 9,568 | € 169,286 | € 121,140 | € 142,699 | ▲ 18% |
| Employees (FTE) | - | 0.7 | 2 | 2.3 | ▲ 0.3 |
Key figures of SIXTH GENERATION, 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 SIXTH GENERATION?
What happened at SIXTH GENERATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- XGTech NV stepped down as director. NBB
- De Cronos Groep NV stepped down as director. NBB
- Josephus de Wit stepped down as director. NBB
- XGD NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 116,798. Source: NBB ↗
- XGTech NV became a director. NBB
- De Cronos Groep NV became a director. NBB
- Josephus de Wit became a director. NBB
In short
From € 8,818 loss in 2022 to € 116,798 loss in 2025.
Paid € 919 in corporate taxes since 2022.
On average € 13,000 of value added per employee in 2025.
Management
The shares are held by XGTech (86%).
Directors
According to the 2025 annual accounts
Director · represented by Gunther Van Roey
Also active at: Gluo, Unlockd, Refleqt, XGT Consult, Cloudway, Cloubis, Everythings, Infofarm
since 2023 · until 2029
Director · represented by Dirk Deroost
Also active at: RESIDENCE LES ONDES, FOCUS ADVERTISING, Cronos, EECKHOUT JAN, VENTIGRATE, CRONOS PUBLIC SERVICES, Customer Link, Obycron +436 more
since 2023 · until 2029
Josephus de Wit
Director
since 2023 · until 2029
since 2023 · until 2029
Shareholders
XGTech · holding of XGD NV
86%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Veldkant 31
2550 Kontich
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →KONO CONSULTANTS same network
€ 14.2 million revenue · 2025
DC2B same network
€ 1 million revenue · 2025
DYNATOS same network
€ 8.2 million revenue · 2025
Biztory same network
€ 1.6 million revenue · 2025
Datalumen same network
€ 5 million revenue · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.985.166
- VAT number
- BE 0698.985.166
- Registered office
- Veldkant 31, 2550 Kontich
- Names & denominations
- SIXTH GENERATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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