ACTIVE

Xwift

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Financial year 2022 · closed on 31/12/2022
Net result
1,7 M €
+222.4% YoY
Revenue
23,6 M €
+32.8% YoY
Equity
3,5 M €
+53.2% YoY
Workforce
200,3 ETP
+9.9% YoY

What does Xwift do?

Xwift is a Private limited company incorporated in 1998. Its main activity is: Freight transport by road. Its registered office is in Nazareth-De Pinte. It employs on average 200,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.886.950
Incorporation
17/12/1998
Legal form
Private limited company
Registered office
Steenweg Deinze 148
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2022
Average workforce
200,3 ETP
Activities (NACE)
49410Freight transport by road· main49410Freight transport by road60242Television programming and broadcasting activities
Joint committees (3)
  • 140
  • 14004
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue23,6 M €17,8 M €15,8 M €17,4 M €17,8 M €12,5 M €9,2 M €7,5 M €6,1 M €5,2 M €3,9 M €3,6 M €2,4 M €––––
EBITDA3,9 M €2,4 M €2,6 M €2,6 M €2,9 M €2,5 M €2 M €1,8 M €1,1 M €1,2 M €783,1 k €992,7 k €701,2 k €606 k €313,2 k €88 k €4,4 k €
Operating result2,2 M €886,2 k €709,9 k €399,5 k €875,9 k €423,2 k €544,1 k €750,1 k €307,4 k €424,5 k €234,1 k €315,2 k €308,1 k €246,4 k €70,2 k €20,7 k €4,4 k €
Net result1,7 M €529,1 k €174,8 k €46,6 k €343 k €119,6 k €224,4 k €371,8 k €89,8 k €193,8 k €54,3 k €139,9 k €145,4 k €125,9 k €12,1 k €4,1 k €7 k €
Balance sheet
Equity3,5 M €2,3 M €1,8 M €1,6 M €1,5 M €1,2 M €1,1 M €862,2 k €550,4 k €460,6 k €266,8 k €307,4 k €167,5 k €142,1 k €16,2 k €4,1 k €–
Total assets18,5 M €11,3 M €11,5 M €13,7 M €14 M €12,7 M €9,2 M €7 M €5,3 M €3,5 M €2,2 M €2,1 M €1,4 M €1,3 M €811,8 k €367,3 k €–
Cash2,8 M €964,1 k €1,4 M €871,2 k €764 k €719,4 k €166 k €438,8 k €548,3 k €911,1 k €434,2 k €461,8 k €168,6 k €220,2 k €120,3 k €59,9 €–
Debts14 M €9 M €9,6 M €12,1 M €12,5 M €11,5 M €8,2 M €6,1 M €4,8 M €3 M €2 M €1,8 M €1,2 M €1,2 M €795,5 k €363,1 k €–
Other
Workforce200,3 ETP182,3 ETP173,7 ETP173,4 ETP150,7 ETP127,0 ETP97,9 ETP78,7 ETP66,0 ETP48,5 ETP46,9 ETP36,8 ETP24,5 ETP16,5 ETP9,7 ETP1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active

Active mandates

PIETER DENYS

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
Xwift Racing Events● Active
0729.908.766
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202527/06/202425/08/202313/07/202223/11/202107/09/2020
General meeting15/09/202525/06/202427/06/202330/06/202227/10/202105/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202415/09/202529/09/2025DutchPDF
Full model31/12/202325/06/202427/06/2024DutchPDF
Full modelCorrection31/12/202227/06/202325/08/2023DutchPDF
Full model31/12/202227/06/202329/06/2023DutchPDF
Full model31/12/202130/06/202213/07/2022DutchPDF
Full model31/12/202027/10/202123/11/2021DutchPDF
Full model31/12/201905/09/202007/09/2020DutchPDF
Full model31/12/201807/09/201918/09/2019DutchPDF
Full model31/12/201730/05/201804/07/2018DutchPDF
Full model31/12/201630/06/201713/07/2017DutchPDF
Full model31/12/201504/06/201620/06/2016DutchPDF
Abridged model31/12/201423/06/201514/07/2015DutchPDF
Abridged model31/12/201310/05/201422/05/2014DutchPDF
Abridged model31/12/201211/05/201321/05/2013DutchPDF
Abridged model31/12/201109/06/201221/06/2012DutchPDF
Abridged model31/12/201011/06/201127/06/2011DutchPDF
Abridged model31/12/200910/08/201016/08/2010DutchPDF
Abridged model31/12/200813/06/200923/06/2009DutchPDF
Abridged model31/12/200727/06/200817/07/2008DutchPDF
Abridged model31/12/200612/05/200705/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active

Active mandates

PIETER DENYS

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other01/07/2026
    —
    PDF
  • Other18/02/2026
    DIVERSEN
    PDF
  • Restructuring05/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring25/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/07/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 20221,7 M €↑
  2. 2021
    Annual accounts 2021529,1 k €↑
  3. 2020
    Annual accounts 2020174,8 k €↑
  4. 2019
    Annual accounts 201946,6 k €↓
  5. 2018
    Annual accounts 2018343 k €↑
  6. 2017
    Annual accounts 2017119,6 k €↓
  7. 2016
    Annual accounts 2016224,4 k €↓
  8. 2015
    Annual accounts 2015371,8 k €↑
  9. 2014
    Annual accounts 201489,8 k €↓
  10. 2013
    Annual accounts 2013193,8 k €↑
  11. 2012
    Annual accounts 201254,3 k €↓
  12. 2011
    Annual accounts 2011139,9 k €↓
  13. 2010
    Annual accounts 2010145,4 k €↑
  14. 2009
    Annual accounts 2009125,9 k €↑
  15. 2008
    Annual accounts 200812,1 k €↑
  16. 2007
    Annual accounts 20074,1 k €↓
  17. 2006
    Annual accounts 20067 k €
  18. 17/12/1998
    IncorporationPrivate limited company