ACTIVE

XSES

Export PDF
Financial year 2025 · closed on 30/06/2025
Net result
102,3 k €
+24.3% YoY
Gross margin
218 k €
+5.4% YoY
Equity
721,3 k €
+6.4% YoY

What does XSES do?

XSES is a Private company with limited liability incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Malmedy.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0897.171.806
Incorporation
09/04/2008
Legal form
Private company with limited liability
Registered office
Ligneuville-Chemin Thomas 21
4960 Malmedy · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities70210Public relations and communication activities73300Advertising and market research
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin218 k €207 k €199 k €190,3 k €188,2 k €155,1 k €197,6 k €167,6 k €150,8 k €131,6 k €119 k €123 k €121,1 k €122,7 k €104,5 k €104,4 k €121,6 k €
EBITDA213,3 k €199 k €195 k €187,8 k €183,6 k €151,1 k €193,6 k €164,6 k €144,6 k €128,4 k €115,4 k €120,1 k €118,1 k €119,6 k €100,1 k €101,1 k €117,5 k €
Operating result155,6 k €143,4 k €162,2 k €157,7 k €147,7 k €121 k €163,7 k €135,1 k €118,2 k €111,2 k €90 k €93,9 k €88,6 k €88,3 k €67,9 k €75,5 k €83 k €
Net result102,3 k €82,3 k €103,1 k €106,8 k €96,2 k €81,4 k €111,8 k €85,1 k €68,8 k €63,4 k €57,3 k €54,1 k €52,8 k €51,4 k €37,8 k €41,6 k €52,1 k €
Balance sheet
Equity721,3 k €678 k €643,6 k €578,9 k €610,9 k €540,2 k €458,8 k €484,5 k €399,4 k €330,6 k €267,2 k €237,5 k €215,7 k €162,9 k €111,5 k €173,7 k €132,1 k €
Total assets967,2 k €964,2 k €940,6 k €838,7 k €914,2 k €762,8 k €701,8 k €746,2 k €672,1 k €620,1 k €563,2 k €538,5 k €505,1 k €476,8 k €533,3 k €524,6 k €488,6 k €
Cash91,5 k €37,1 k €9,7 k €258,6 k €15,7 k €8,7 k €22,7 k €10,6 k €20,8 k €13 k €6,3 k €8,9 k €14,9 k €7,9 k €5,3 k €35,3 k €28,8 k €
Debts234,8 k €268,7 k €285 k €252,8 k €293,9 k €212,5 k €237,1 k €259,4 k €269,6 k €281,7 k €289,4 k €294,6 k €282,8 k €313,7 k €421,6 k €350,5 k €356,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Xavier, Francis, Michel DETHIER

Director · since 09 avril 2008

Active

Ended mandates

Xavier, Francis, Michel DETHIER

Manager · since 09 avril 2008

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202610/02/202531/01/202420/01/202328/01/202229/01/2021
General meeting26/12/202527/12/202429/12/202330/12/202231/12/202126/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202526/12/202530/01/2026FrenchPDF
Micro model30/06/202427/12/202410/02/2025FrenchPDF
Micro model30/06/202329/12/202331/01/2024FrenchPDF
Micro model30/06/202230/12/202220/01/2023FrenchPDF
Micro model30/06/202131/12/202128/01/2022FrenchPDF
Micro model30/06/202026/12/202029/01/2021FrenchPDF
Micro model30/06/201927/12/201920/01/2020FrenchPDF
Micro model30/06/201828/12/201831/01/2019FrenchPDF
Micro model30/06/201729/12/201728/02/2018FrenchPDF
Abridged model30/06/201630/12/201625/01/2017FrenchPDF
Abridged model30/06/201531/12/201512/02/2016FrenchPDF
Abridged model30/06/201430/12/201420/02/2015FrenchPDF
Abridged model30/06/201327/12/201313/02/2014FrenchPDF
Abridged model30/06/201228/12/201207/02/2013FrenchPDF
Abridged model30/06/201114/12/201110/02/2012FrenchPDF
Abridged model30/06/201031/12/201004/01/2011FrenchPDF
Abridged model30/06/200925/12/200916/02/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Xavier, Francis, Michel DETHIER

Director · since 09 avril 2008

Active

Ended mandates

Xavier, Francis, Michel DETHIER

Manager · since 09 avril 2008

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares04/10/2018
    CAPITAL, ACTIONS
    PDF
  • Capital / shares14/07/2014
    CAPITAL, ACTIONS
    PDF
  • Other22/04/2008
    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 2025102,3 k €↑
  2. 2024
    Annual accounts 202482,3 k €↓
  3. 2023
    Annual accounts 2023103,1 k €↓
  4. 2022
    Annual accounts 2022106,8 k €↑
  5. 2021
    Annual accounts 202196,2 k €↑
  6. 2020
    Annual accounts 202081,4 k €↓
  7. 2019
    Annual accounts 2019111,8 k €↑
  8. 2018
    Annual accounts 201885,1 k €↑
  9. 2017
    Annual accounts 201768,8 k €↑
  10. 2016
    Annual accounts 201663,4 k €↑
  11. 2015
    Annual accounts 201557,3 k €↑
  12. 2014
    Annual accounts 201454,1 k €↑
  13. 2013
    Annual accounts 201352,8 k €↑
  14. 2012
    Annual accounts 201251,4 k €↑
  15. 2011
    Annual accounts 201137,8 k €↓
  16. 2010
    Annual accounts 201041,6 k €↓
  17. 2009
    Annual accounts 200952,1 k €
  18. 09/04/2008
    IncorporationPrivate company with limited liability