ACTIVE

XL Project

Financial year 2025 · closed on 31/12/2025
Net result
32 k €
+1117.5% YoY
Gross margin
219 k €
+15.2% YoY
Equity
-111,5 k €
+22.3% YoY

What does XL Project do?

XL Project is a Private company with limited liability incorporated in 2015. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0598.826.629
Incorporation
20/02/2015
Legal form
Private company with limited liability
Registered office
Avenue Louise 283 box 21
1050 Ixelles · BruxellesSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin219 k €190,2 k €172,1 k €134,3 k €178,8 k €200,7 k €58,3 k €-5,1 k €-22,3 k €
EBITDA208,9 k €183,3 k €156,2 k €130,3 k €177,7 k €105,4 k €49,2 k €-989,7 €-8,6 k €-23,4 k €
Operating result86,5 k €61,1 k €34,8 k €8,7 k €56,6 k €-15,4 k €18,8 k €-989,7 €-8,6 k €-23,4 k €
Net result32 k €2,6 k €-25,9 k €-55,2 k €-9,8 k €-82,8 k €-50,1 k €-48,9 k €-47,1 k €-26,3 k €
Balance sheet
Equity-111,5 k €-143,5 k €-146,2 k €-120,2 k €-65,1 k €-55,3 k €27,5 k €77,7 k €126,6 k €173,7 k €
Total assets4,5 M €4,6 M €4,8 M €4,9 M €5,1 M €5,2 M €5,2 M €2,8 M €2,1 M €1,8 M €
Cash61 k €47,3 k €74,3 k €110,4 k €170,2 k €160 k €97 k €162,9 k €312,6 k €57,8 k €
Debts4,6 M €4,7 M €4,9 M €5 M €5,1 M €5,2 M €5,2 M €2,7 M €2 M €1,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Amaury de Merode

Director

Active
Aurèle DE MÉRODE

Director

Active

Ended mandates

Amaury de Merode

Administrator - manager · since 31 juillet 2021

Ended
Amaury de Merode

Director · since 31 août 2017

Ended
Amaury de Mérode

Manager · since 31 août 2017 · until 31 août 2023

Ended
Aurele de Merode

Director · since 31 août 2017

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202611/09/202526/05/202519/12/202315/11/202220/08/2021
General meeting31/05/202631/05/202531/05/202406/12/202331/05/202231/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/05/202629/08/2026FrenchPDF
Micro model31/12/202431/05/202511/09/2025FrenchPDF
Micro model31/12/202331/05/202426/05/2025FrenchPDF
Micro model31/12/202206/12/202319/12/2023FrenchPDF
Micro model31/12/202131/05/202215/11/2022FrenchPDF
Micro model31/12/202031/05/202120/08/2021FrenchPDF
Micro model31/12/201902/06/202025/08/2020FrenchPDF
Micro model31/12/201831/05/201925/05/2020FrenchPDF
Abridged model31/12/201731/05/201815/05/2019FrenchPDF
Abridged model31/12/201631/05/201728/08/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 2 active · 9 ended

Active mandates

Amaury de Merode

Director

Active
Aurèle DE MÉRODE

Director

Active

Ended mandates

Amaury de Merode

Administrator - manager · since 31 juillet 2021

Ended
Amaury de Merode

Director · since 31 août 2017

Ended
Amaury de Mérode

Manager · since 31 août 2017 · until 31 août 2023

Ended
Aurele de Merode

Director · since 31 août 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/04/2025
    SIEGE SOCIAL
    PDF
  • Mandates02/10/2017
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other24/02/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 202532 k €
  2. 2024
    Annual accounts 20242,6 k €
  3. 2023
    Annual accounts 2023-25,9 k €
  4. 2022
    Annual accounts 2022-55,2 k €
  5. 2021
    Annual accounts 2021-9,8 k €
  6. 2020
    Annual accounts 2020-82,8 k €
  7. 2019
    Annual accounts 2019-50,1 k €
  8. 2018
    Annual accounts 2018-48,9 k €
  9. 2017
    Annual accounts 2017-47,1 k €
  10. 2016
    Annual accounts 2016-26,3 k €
  11. 20/02/2015
    IncorporationPrivate company with limited liability