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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
X-KWISIT from Kortemark, company number BE0781958669, closed financial year 2025 with a result of € -7,912 after tax. For that financial year X-KWISIT recorded a gross margin of € 21,141 and equity of € -35,294. Compared with financial year 2024, the result moved from € 12,596 to € -7,912. 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 June 29, 2026.
€ -35,294
▼ € 7,912 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,912
▼ still € 12,596 profit in 2024
Profit after tax over the fiscal year.
€ 8,398
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -55,294.
Debts at end 2025
€ 145,155
▼ 13% vs 2024
€ 22,768 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 9,047
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -22,379 | € 35,092 | € 21,141 | ▼ 40% |
| Profit after taxes | € -59,978 | € 12,596 | € -7,912 | ▼ € 20,508 |
| Equity | € -39,978 | € -27,382 | € -35,294 | ▼ € 7,912 |
| Total debts | € 261,783 | € 242,597 | € 241,876 | |
| Cash | € 4,816 | € 5,488 | € 8,398 | ▲ 53% |
| Land & buildings | € 65,174 | € 78,247 | € 72,172 | ▼ 8% |
| Retained profit | € -59,978 | € -47,382 | € -55,294 | ▼ € 7,912 |
| Bank debt | € 189,339 | € 167,469 | € 145,155 | ▼ 13% |
| Balance sheet total | € 221,805 | € 215,215 | € 206,582 | ▼ 4% |
Key figures of X-KWISIT, fiscal years 2023 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 X-KWISIT?
What happened at X-KWISIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,912 (▼ € 20,508 vs 2024). Source: NBB ↗
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
- Adfinimo BV became a director. NBB
In short
From € 59,978 loss in 2023 to € 7,912 loss in 2025.
Best year ever: 2024, with € 12,596 profit.
Management
The stake of ADFINIMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
X-KWISITBehind X-KWISIT is Adfinimo BV. The shares are held by ADFINIMO (99.2%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Dominique Amez
since 2022
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Amersveldestraat 139A
8610 Kortemark
Grote Markt(D) 26
8600 Diksmuide
Active since 14 February 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0781.958.669
- VAT number
- BE 0781.958.669
- Registered office
- Amersveldestraat 139A, 8610 Kortemark
- Names & denominations
- X-KWISIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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