Overview
Status
Active
Registry date
2021-05-21
Share capital
5,500.00 PLN
Registered address
ul. Solec 18/B21, 00-410 Warszawa, Poland
Financials
Revenue history (in k)
Filing timeliness
1 of 5 financial statements was filed late (for 2021, 96 days late).
- 202508/04/2026
- 202416/04/2025
- 202312/03/2024
- 202210/07/2023
- 202119/10/2022
Filed on timeDelayFiling deadline
Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2025.
Results vs industry
Revenue
This companyUSD 13.41kMedianUSD 90.22kAverageUSD 771.34k
Net profit
This companyUSD -110.36kMedianUSD 106.01AverageUSD 31.91k
Operating costs
This companyUSD 113.44kMedianUSD 62.77kAverageUSD 563.67k
Assets
This companyUSD 1.07mMedianUSD 420.06kAverageUSD 3.48m
Industry
Authorized Representatives
Łukasz Balcer – President of the Management Board
Manner of representation
Each member of the management board is authorized to make declarations on behalf of the company independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Łukasz Balcerage 42 | 95 | $1,283.09 | 86.3636% |
Katarzyna Patrycja Zielińskaage 35 | 15 | $202.59 | 13.6364% |
Beneficial owners
| Person | Rights |
|---|---|
Bank accounts
Registered as a VAT taxpayer on 2021-07-01.
Bank spółdzielczy03 9288 0001 5599 8743 2000 0010
Debt
No entries in the National Debtors Register (KRZ).
Public aid
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Mar 21, 2024 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | –– | Prezes Banku Gospodarstwa Krajowego | |
| Aug 31, 2021 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | –– | Prezes Banku Gospodarstwa Krajowego | |
| Aug 31, 2021 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | –– | Prezes Banku Gospodarstwa Krajowego |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Velessp. z o.o. | $23,103.97 | veles.pl | ||
| PM Hus Investmentsp. z o.o. | $18,920.06 | husdevelopment.pl | ||
| Black Oak Real Estatesp. z o.o. | $17,679.01 | blackoakrealestate.pl | ||
| R Land Investmentssp. z o.o. | $15,908.41 | rlandinvestments.pl | ||
| HUS Investmentssp. z o.o. | $15,573.04 | husdevelopment.pl | ||
| MK ConstructionS.K.A. | $11,896.21 | zielonaopacz.pl | ||
| Allenort Fund Projectsp. z o.o. | $11,426.55 | allenort.com | ||
| FORT Renesansowasp. z o.o. | $9,270.86 | fortdevelopment.pl | ||
| Sawa Apartmentssp. z o.o. | $9,092.52 | sawa.pl | ||
| DOT Parksp. z o.o. | $8,310.65 | dotpark.pl |
Change history
| Date | Event | |
|---|---|---|
| 2024-06-14 | Address change (Ul. Solec 18/21, 00-410, Warszawa → Ul. Solec 18/B21, 00-410, Warszawa) | |
| 2024-05-22 | Address change (Aleja Zjednoczenia 50/2, 01-801, Warszawa → Ul. Solec 18/21, 00-410, Warszawa) | |
| 2024-01-10 | Name change (Estate Investments → Xdevelopment) | |
| 2021-10-01 | Share capital increase (5,000.00 PLN → 5,500.00 PLN) | |
| 2021-05-21 | Entered in the register |
FAQ
The main business activity of Xdevelopment focuses on buying and selling of own real estate.
The company was registered in the Polish National Court Register (KRS) on May 21, 2021.
The headquarters is located at: ul. Solec 18, 00-410 Warszawa.
The management board consists of: Łukasz Balcer (President of the Management Board).
The share capital of the company is PLN 5,500 (approx. $1,486).
The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.
In 2025, the company generated total revenue of USD 13,412, representing an increase of 154.9% compared to 2024.
No, the company recorded a net loss of USD 110,361 in 2025. For comparison, in 2024 the loss was USD 89,196, meaning the company increased its loss by 23.4%.
The largest operating cost category falls under other operating costs. This category amounted to USD 106,811 in 2025, representing 94% of all operating expenses.
Last updated: 2026-10-28