Financials
Financial year 2024
XS GROUP from Gent, company number BE0781840982, closed financial year 2024 with a result of € -28,061 after tax. For that financial year XS GROUP recorded a gross margin of € -8,834 and equity of € 21,598. Compared with financial year 2023, the result moved from € 40,273 to € -28,061. The company made a loss. 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 August 20, 2025.
€ 21,598
▲ € 16,939 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,061
▼ still € 40,273 profit in 2023
Profit after tax over the fiscal year.
€ 2
▼ € 10,092 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,598.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,372
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,963
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 21,320
▲ 176% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 47,027 | - | - | |
| Gross margin | € -37,253 | € 49,046 | € -8,834 | ▼ € 57,880 |
| Profit after taxes | € -37,614 | € 40,273 | € -28,061 | ▼ € 68,334 |
| Equity | € -35,614 | € 4,659 | € 21,598 | ▲ € 16,939 |
| Total debts | € 45,711 | € 38,062 | € 21,320 | ▼ 44% |
| Cash | € 185 | € 10,094 | € 2 | ▼ € 10,092 |
| Retained profit | € -37,614 | € 2,659 | € 19,598 | ▲ € 16,939 |
| Balance sheet total | € 10,098 | € 42,721 | € 42,918 |
Key figures of XS GROUP, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to XS GROUP?
What happened at XS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 28,061 (▼ € 68,334 vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 37,614 loss in 2022 to € 28,061 loss in 2024.
Best year ever: 2023, with € 40,273 profit.
Management
Behind XS GROUP is Xhihad SUFAJ.
Directors
According to the 2024 annual accounts
Xhihad SUFAJ
Director
Establishments
Establishment units
Physical locations of this company
Pannestraat 20
9000 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 ↗- Xhihad Sufaj(oprichter) 100%
Details
- Company number
- 0781.840.982
- VAT number
- BE 0781.840.982
- Registered office
- Pannestraat 20, 9000 Gent
- Names & denominations
- XS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2022
- Peppol
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