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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
XL DEVELOPPEMENT from Ukkel, company number BE0896143309, closed financial year 2025 with a result of € -65,309 after tax. For that financial year XL DEVELOPPEMENT recorded a gross margin of € 56,801 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 156,016 to € -65,309. 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 July 23, 2026.
€ 1.9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,309
▼ still € 156,016 profit in 2024
Profit after tax over the fiscal year.
€ 53,269
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,339
▲ 235% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ € 1.3 million vs 2024
€ 60,000 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 88,753
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,075 | € -27,397 | € 601,222 | € 56,801 | ▼ 91% |
| Profit after taxes | € 104,713 | € -30,538 | € 156,016 | € -65,309 | ▼ € 221,325 |
| Equity | € 1,886,352 | € 1,777,814 | € 1,933,830 | € 1,868,521 | ▼ 3% |
| Total debts | € 130,248 | € 148,262 | € 2,256,501 | € 1,460,569 | ▼ 35% |
| Cash | € 336,334 | € 299,432 | € 22,739 | € 53,269 | ▲ 134% |
| Land & buildings | € 482,202 | € 460,928 | € 2,996,712 | € 2,916,712 | ▼ 3% |
| Retained profit | € 1,866,352 | € 1,757,814 | € 1,913,830 | € 1,848,521 | ▼ 3% |
| Dividend | € 0 | € 78,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 75,000 | € 1,350,000 | ▲ € 1.3 million |
| Balance sheet total | € 2,440,012 | € 2,349,488 | € 4,612,954 | € 3,732,199 | ▼ 19% |
Key figures of XL DEVELOPPEMENT, 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.
What happened to XL DEVELOPPEMENT?
What happened at XL DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 65,309 (▼ € 221,325 vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,713 profit in 2022 to € 65,309 loss in 2025.
Paid € 128,567 in corporate taxes since 2022.
Best year ever: 2024, with € 156,016 profit.
Paid out € 78,000 in dividends to the owners in total.
Management
Behind XL DEVELOPPEMENT are Jacques Selinger and David Selinger. The same people are also behind Société de Gérance Immobiliére Gantoise, MEIRIMMO and GER. Jacques Selinger is also behind Kerlinga, EDSONS, IMMO INGER, HARLI and COCRO.
Directors
According to the 2025 annual accounts
Jacques Selinger
Director
Also active at: Kerlinga, Société de Gérance Immobiliére Gantoise, EDSONS, IMMO INGER, HARLI, COCRO, VENTURA, NEUMON +3 more
Establishments
Establishment units
Physical locations of this company
Hamoirlaan 25
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Kerlinga same network
€ 203,761 gross margin · 2025
Société de Gérance Immobiliére Gantoise same network
€ 246,029 gross margin · 2025
EDSONS same network
€ 1.5 million gross margin · 2025
IMMO INGER same network
€ 284,604 gross margin · 2025
HARLI same network
€ 25,643 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.143.309
- VAT number
- BE 0896.143.309
- Registered office
- Hamoirlaan 25, 1180 Ukkel
- Names & denominations
- XL DEVELOPPEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2008
- Peppol
- Not registered