ACTIVE

X-square

Financial year 2025 · Closed on 30/09/2025

Net result144 k €-81,1 %over 1 year
Gross margin194 k €-81,1 %over 1 year
Equity146,5 k €+5 761,0 %over 1 year

Identity

Source · BCE/KBO

X-square is a Private limited company incorporated in 2020. Its main activity is: Temporary employment agency activities. Its registered office is in Deinze.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0742.800.165
Incorporation
31/01/2020
Legal form
Private limited company
Registered office
Bachtekouter 4
9800 Deinze · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin194 k €1 M €530,7 k €200,5 k €206,6 k €
EBITDA193,8 k €1 M €530,4 k €200,2 k €206,5 k €
Operating result193,3 k €1 M €518,6 k €188,5 k €195,1 k €
Net result144 k €760,8 k €386,4 k €142,1 k €146,7 k €
Balance sheet
Equity146,5 k €2,5 k €388,9 k €352,1 k €209,9 k €
Total assets189,7 k €80,3 k €487,6 k €466,9 k €330,1 k €
Cash163 k €5,6 k €218,4 k €385 k €273,6 k €
Debts42,8 k €72,6 k €95,3 k €112,4 k €118,4 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bram Decroix
Directorsince 31/01/2020

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202031/01/2020
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 months9 months
Filing date09/12/202516/01/202527/12/202319/12/202214/12/202115/12/2020
General meeting05/12/202527/12/202401/12/202302/12/202203/12/202104/12/2020
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202505/12/202509/12/2025DutchPDF
Micro model30/09/202427/12/202416/01/2025DutchPDF
Micro model30/09/202301/12/202327/12/2023DutchPDF
Micro model30/09/202202/12/202219/12/2022DutchPDF
Micro model30/09/202103/12/202114/12/2021DutchPDF
Micro model30/09/202004/12/202015/12/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bram Decroix
Directorsince 31/01/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office19/11/2024
    Verplaatsing maatschappelijke zetel
    PDF
  • Other04/02/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Bram Decroix
2020202120222023202420252026
X-square
Bachtekouter 4, 9800 DeinzeNederbosstraat 116a, 9810 Nazareth-De Pinte
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Bachtekouter 4, 9800 DeinzeCurrent
accounts 2024 → 2025
Accounts 2025 · 2025-00579442
Nederbosstraat 116a, 9810 Nazareth-De Pinte
accounts 2022 → 2023
Accounts 2023 · 2023-00539813

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
X-squareCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00579442

Events

  1. 2025
    Annual accounts 2025144 k €↓
  2. 2024
    Annual accounts 2024760,8 k €↑
  3. 2023
    Annual accounts 2023386,4 k €↑
  4. 2022
    Annual accounts 2022142,1 k €↓
  5. 2021
    Annual accounts 2021146,7 k €↑
  6. 2020
    Annual accounts 202060,7 k €
  7. 31/01/2020
    IncorporationPrivate limited company