Financials
Financial year 2026
XEY from Landen, company number BE0862223793, closed financial year 2026 with a result of € -9,297 after tax. For that financial year XEY recorded a gross margin of € -5,211 and equity of € 159,391. Compared with financial year 2025, the result moved from € 5,084 to € -9,297. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 159,391
▼ 28% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,297
▼ still € 5,084 profit in 2025
Profit after tax over the fiscal year.
€ 32,696
▼ 9% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 153,191.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,727
▼ 82% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 5,487
▼ 38% vs 2025
€ 2,104 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 24,725
▲ € 24,324 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 3,272
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 61,004 | € 36,642 | € 25,398 | € -5,211 | ▼ € 30,609 |
| Profit after taxes | € 29,085 | € 13,134 | € 5,084 | € -9,297 | ▼ € 14,381 |
| Equity | € 203,895 | € 217,029 | € 222,113 | € 159,391 | ▼ 28% |
| Total debts | € 45,086 | € 28,553 | € 9,300 | € 73,905 | ▲ € 64,605 |
| Cash | € 93,488 | € 30,219 | € 36,076 | € 32,696 | ▼ 9% |
| Land & buildings | € 1,238 | € 619 | € 9,930 | € 9,421 | ▼ 5% |
| Retained profit | € 197,695 | € 210,829 | € 215,913 | € 153,191 | ▼ 29% |
| Dividend | € 0 | € 0 | € 0 | € 53,424 | |
| Bank debt | € 38,414 | € 23,765 | € 8,838 | € 5,487 | ▼ 38% |
| Balance sheet total | € 248,981 | € 245,582 | € 231,413 | € 233,296 | ▲ 1% |
Key figures of XEY, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to XEY?
What happened at XEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 9,297 (▼ € 14,381 vs 2025). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Landen. KBO
In short
From € 29,085 profit in 2023 to € 9,297 loss in 2026.
Paid € 27,782 in corporate taxes since 2023.
Best year ever: 2023, with € 29,085 profit.
Paid out € 53,424 in dividends to the owners in total.
Management
Behind XEY is Jozef Deglinne. Jozef Deglinne is also behind WINTEK and WINTEK SALES DIVISION.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Stelhainstraat 50
3401 Landen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.223.793
- VAT number
- BE 0862.223.793
- Registered office
- Stelhainstraat 50, 3401 Landen
- Names & denominations
- XEY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2003
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
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