ACTIVE

X²O WEST- EN OOST-VLAANDEREN

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Financial year 2025 · Closed on 30/09/2025

Net result1,2 M €-9,7 %over 1 year
Revenue50,4 M €+2,0 %over 1 year
Equity500,5 k €-21,6 %over 1 year
Workforce37,1 ETP-5,4 %over 1 year

Identity

Source · BCE/KBO

X²O WEST- EN OOST-VLAANDEREN is a Public limited company incorporated in 2015. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Gent. It employs on average 37,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0627.861.895
Incorporation
01/04/2015
Legal form
Public limited company
Registered office
Foreestelaan 80
9000 Gent · FlandreSee on map
Contributed capital
419 850,78 €
Latest accounts
30/09/2025
Average workforce
37,1 ETP
Joint committees (3)
  • 200
  • 201
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 8 financial years

20252024202320222018
Income statement
Revenue50,4 M €49,4 M €45,1 M €44,6 M €38,5 M €
EBITDA2,6 M €2,7 M €2,4 M €2,2 M €5,7 M €
Operating result1,5 M €1,5 M €1,4 M €1,3 M €4,6 M €
Net result1,2 M €1,3 M €1,1 M €951,5 k €3,1 M €
Balance sheet
Equity500,5 k €638,7 k €962,3 k €1,5 M €11,1 M €
Total assets22,1 M €11,4 M €11,1 M €13,7 M €22,3 M €
Cash249,1 k €422,9 k €312,7 k €605,5 k €1,5 M €
Debts21,2 M €10,4 M €9,8 M €11,8 M €10,7 M €
Other
Workforce37,1 ETP39,2 ETP34,8 ETP38,4 ETP45,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 13 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Blue Holdco1011.763.052Represented by Veerle HOEBRECHS
Managing directorsince 13/12/2024
000
DMTS1014.003.950Represented by Peter DEMETS
Managing directorsince 13/12/2024
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
EXSPECA0860.131.266Represented by Peter DEMETS
Director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle HOEBRECHS
Director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle HOEBRECHS
Managing director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle Hoebrechs
Managing director03/09/2021 → 09/02/2024
0

Other companies at this address

Foreestelaan 80 9000 Gent
CompanyCBE no.
Blue Holdco● Active
1011.763.052
LEGIO SALES BELGIUM● Active
0479.231.765
Safuco● Active
0665.901.139
SANITARY GROUP● Active
0829.170.054
Vereniging van mede-eigenaars forum gebouw A4 - NERO (met buitenparkeerplaatsen) te Gent, Foreestelaan 80● Active
0757.519.421
X²O ANTWERPEN & LIMBURG● Active
0733.853.401
X²O BRABANT● Active
0733.853.597
X²O Poolco● Active
1030.388.240
X²O WALLONIE● Active
0867.099.727

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/01/202613/01/202515/01/202413/01/202311/01/202215/02/2021
General meeting22/01/202613/12/202419/12/202321/12/202216/12/202128/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202522/01/202628/01/2026DutchPDF
Full model30/09/202413/12/202413/01/2025DutchPDF
Full model30/09/202319/12/202315/01/2024DutchPDF
Full model30/09/202221/12/202213/01/2023DutchPDF
Full model30/09/202116/12/202111/01/2022DutchPDF
Full model30/09/202028/01/202115/02/2021DutchPDF
Full model30/09/201914/02/202012/03/2020DutchPDF
Full model30/09/201801/03/201920/03/2019DutchPDF
Full model30/09/201709/02/201809/03/2018DutchPDF
Full model30/09/201610/02/201706/03/2017DutchPDF
Full model30/09/201512/02/201609/03/2016DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 13 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Blue Holdco1011.763.052Represented by Veerle HOEBRECHS
Managing directorsince 13/12/2024
000
DMTS1014.003.950Represented by Peter DEMETS
Managing directorsince 13/12/2024
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
EXSPECA0860.131.266Represented by Peter DEMETS
Director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle HOEBRECHS
Director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle HOEBRECHS
Managing director19/12/2023 → 09/02/2029
0
Safuco0665.901.139Represented by Veerle Hoebrechs
Managing director03/09/2021 → 09/02/2024
0

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/04/2021
    KAPITAAL - AANDELEN
    PDF
  • Other16/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 20251,2 M €↓
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 20231,1 M €↑
  4. 2022
    Annual accounts 2022951,5 k €↓
  5. 2018
    Annual accounts 20183,1 M €↑
  6. 2017
    Annual accounts 20171,2 M €↓
  7. 2016
    Annual accounts 20162,6 M €↑
  8. 2015
    Annual accounts 20151,5 M €
  9. 01/04/2015
    IncorporationPublic limited company