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 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Xant Renewables from Gent, company number BE0746854765, closed financial year 2025 with a result of € -200,216 after tax. For that financial year Xant Renewables recorded a gross margin of € -10,413 and equity of € -2 million. Compared with financial year 2023, the result moved from € -313,586 to € -200,216. 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 December 17, 2025.
€ -2 million
▼ € 200,216 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -200,216
▲ 36 % less loss than in 2023
Profit after tax over the fiscal year.
€ 343,890
▲ 81% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
1.3
Average over the fiscal year, from the social balance sheet.
€ 138,294
▼ 40% vs 2023
€ 106,400 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.
€ 17,768
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 818,085
▲ 179% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 34,222
▼ 19% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -241,377 | € -1,032,874 | € -72,540 | € -10,413 | ▲ € 62,127 |
| Profit after taxes | € -393,878 | € -1,168,157 | € -313,586 | € -200,216 | ▲ € 113,370 |
| Equity | € -293,878 | € -1,462,035 | € -1,775,621 | € -1,975,837 | ▼ € 200,216 |
| Total debts | € 877,721 | € 2,305,261 | € 2,747,804 | € 5,135,497 | ▲ 87% |
| Cash | € 51,135 | € 115,190 | € 189,682 | € 343,890 | ▲ 81% |
| Retained profit | € -393,878 | € -1,562,035 | € -1,875,621 | € -2,075,837 | ▼ € 200,216 |
| Balance sheet total | € 583,843 | € 843,226 | € 972,183 | € 3,159,661 | ▲ 225% |
| Employees (FTE) | 2 | 2 | 0 | 1.3 |
Key figures of Xant Renewables, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Xant Renewables?
What happened at Xant Renewables in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 200,216. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Richard LEGAULT became a director. NBB
In short
From € 393,878 loss in 2021 to € 200,216 loss in 2025.
Management
Behind Xant Renewables is Richard LEGAULT.
Directors
According to the 2025 annual accounts
Richard LEGAULT
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 11
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ÉOCYCLE TECHNOLOGIES INC.(oprichter) 100%
Details
- Company number
- 0746.854.765
- VAT number
- BE 0746.854.765
- Registered office
- Poortakkerstraat 11, 9051 Gent
- Names & denominations
- Xant Renewables
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2020
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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