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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
XIPHIAS from Lokeren, company number BE0890616584, closed financial year 2025 with a result of € 18,421 after tax. For that financial year XIPHIAS recorded a gross margin of € 146,704 and equity of € 28,856. Compared with financial year 2024, the result moved from € 8,786 to € 18,421. Profitable, and profit is growing. 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 August 27, 2026.
€ 28,856
▲ 177% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,421
▲ 110% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -39,744.
People and assets in 2025
€ 15,051
▲ 37% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 47,193
▲ € 44,115 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 585,946
▲ 15% vs 2024
€ 39,275 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 220,760
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,200
▼ 98% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -79,794 | € -970 | € 174,933 | € 146,704 | ▼ 16% |
| Profit after taxes | € -170,788 | € -123,299 | € 8,786 | € 18,421 | ▲ 110% |
| Equity | € 124,949 | € 1,650 | € 10,435 | € 28,856 | ▲ 177% |
| Total debts | € 1,229,719 | € 2,064,287 | € 1,875,073 | € 2,340,694 | ▲ 25% |
| Cash | € 20,958 | - | € 4,680 | - | |
| Land & buildings | € 216,310 | € 782,645 | € 757,437 | € 707,700 | ▼ 7% |
| Retained profit | € 56,349 | € -66,950 | € -58,165 | € -39,744 | ▲ € 18,421 |
| Bank debt | € 127,934 | € 546,082 | € 511,227 | € 585,946 | ▲ 15% |
| Balance sheet total | € 1,354,668 | € 2,065,937 | € 1,885,508 | € 2,369,550 | ▲ 26% |
By gross margin, XIPHIAS ranks 4th of 5 companies with main activity “Fokken en houden van paarden en andere paardachtigen” in Lokeren that publish figures (fiscal year 2025).
Key figures of XIPHIAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about XIPHIAS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to XIPHIAS?
What happened at XIPHIAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,421 (▲ 110% vs 2024). filed late Source: NBB ↗
- Capital increase of € 50,000, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
In short
From € 170,788 loss in 2022 to € 18,421 profit in 2025.
Best year ever: 2025, with € 18,421 profit.
Management
Behind XIPHIAS are Joost Boel and Ann Vandeputte. Ann Vandeputte is also behind VARAD - Dr. A. Vandeputte Radiodiagnose.
Directors
According to the 2025 annual accounts
Joost Boel
Director
Establishments
Establishment units
Physical locations of this company
Naastveldstraat 130
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
Same main activity (Fokken en houden van paarden en andere paardachtigen), 6 active companies in Lokeren, largest first.
€ 713,729 gross margin · 2026
€ 519,377 gross margin · 2025
€ 386,566 gross margin · 2025
€ 4,515 gross margin · 2025
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 ↗- VANDEPUTTE Ann Christine Marie(oprichter) 99.5%
- VARAD - Dr. A. Vandeputte Radiodiagnose(oprichter) 0.5%
Details
- Company number
- 0890.616.584
- VAT number
- BE 0890.616.584
- Registered office
- Naastveldstraat 130, 9160 Lokeren
- Names & denominations
- XIPHIAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2007
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Managementactiviteiten van holdings
Activiteiten van holdings
Activiteiten van paardensportclubs
Groothandel in levend vee
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Exploitatie van sportaccommodaties
Holdings