Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 50.4 to 31.1.
Financials
Financial year 2025
X²O BRABANT from Gent, company number BE0733853597, closed financial year 2025 with a result of € 580,867 after tax. For that financial year X²O BRABANT recorded revenue of € 27.3 million and equity of € 220,338. Compared with financial year 2024, the result moved from € 655,225 to € 580,867. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 220,338
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 580,867
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 160,836
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 547,000 paid out
94 % of the profit went to the shareholders, mostly to SANITARY GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
31.1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 3% vs 2024
€ 71,400 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.
€ 365
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 533,291
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,629,794 | € 27,033,126 | € 26,842,448 | € 27,274,174 | ▲ 2% |
| Profit after taxes | € 589,206 | € 609,116 | € 655,225 | € 580,867 | ▼ 11% |
| Equity | € 725,131 | € 284,247 | € 186,472 | € 220,338 | ▲ 18% |
| Total debts | € 5,261,967 | € 6,163,470 | € 6,363,325 | € 11,641,887 | ▲ 83% |
| Cash | € 189,152 | € 200,248 | € 191,313 | € 160,836 | ▼ 16% |
| Retained profit | € 602,131 | € 161,247 | € 63,472 | € 97,338 | ▲ 53% |
| Dividend | € 50,000 | € 1,050,000 | € 753,000 | € 547,000 | ▼ 27% |
| Balance sheet total | € 6,160,210 | € 6,621,398 | € 6,721,001 | € 12,034,493 | ▲ 79% |
| Employees (FTE) | 43.7 | 50.4 | 31.6 | 31.1 | ▼ 0.5 |
Key figures of X²O BRABANT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to X²O BRABANT?
What happened at X²O BRABANT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 580,867 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Tielt-Winge. KBO
- DMTS BV became a director. NBB
- Blue Holdco BV became a director. NBB
- New establishment in Soignies. KBO
- New establishment in Mechelen. KBO
- New establishment in Wavre. KBO
- New establishment in Gent. KBO
In short
From € 589,206 profit in 2022 to € 580,867 profit in 2025.
Paid € 830,273 in corporate taxes since 2022.
Best year ever: 2024, with € 655,225 profit.
Paid out € 2.4 million in dividends to the owners in total.
Management
The stake of SANITARY GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
X²O BRABANTBehind X²O BRABANT are DMTS BV and Blue Holdco BV. The shares are held by SANITARY GROUP (100%). It owns 22% of X²O Badkamers BV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Peter DEMETS
Also active at: CLUB, STANDAARD BOEKHANDEL, SBL, LEGIO SALES BELGIUM, X²O WEST- EN OOST-VLAANDEREN, Safuco, X²O ANTWERPEN & LIMBURG, BELIVING +2 more
since 2024
Managing director · represented by Veerle HOEBRECHS
Also active at: LEGIO SALES BELGIUM, X²O WEST- EN OOST-VLAANDEREN, Safuco, X²O ANTWERPEN & LIMBURG, SANITARY GROUP, X²O WALLONIE
since 2024
Shareholders
100%
Participations
X²O Badkamers BV
22%
Establishments
Establishment units
Physical locations of this company
Foreestelaan 80
9000 Gent
Weiveldlaan 29
1930 Zaventem
Active since 14 December 2010
Verlengde Stallestraat 215 box 3
1620 Drogenbos
Active since 1 March 2011
Aarschotsesteenweg 96
3012 Leuven
Active since 14 April 2015
Boulevard de l'Europe 131 box c2
1300 Wavre
Active since 3 September 2020
Nora Tilleylaan 42
2800 Mechelen
Active since 28 October 2021
Rue des Archers 9
7060 Soignies
Active since 23 November 2021
Gouden Kruispunt 10
3390 Tielt-Winge
Active since 18 April 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →LEGIO SALES BELGIUM same network
€ 154.2 million revenue · 2025
X²O WEST- EN OOST-VLAANDEREN same network
€ 50.4 million revenue · 2025
Safuco same network
€ 524,910 revenue · 2025
X²O ANTWERPEN & LIMBURG same network
€ 24.6 million revenue · 2025
Vereniging van mede-eigenaars forum gebouw A4 - NERO (met buitenparkeerplaatsen) te Gent, Foreestelaan 80
+4 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
- 0733.853.597
- VAT number
- BE 0733.853.597
- Registered office
- Foreestelaan 80, 9000 Gent
- Names & denominations
- X²O BRABANT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2019
- Peppol
- Active · Active since 24 Jun 2025
- Activities · NACE
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal