A.X.E. LINE
Open bankruptcyA bankruptcy procedure is open for A.X.E. LINE according to publications in the Belgian State Gazette; curator: KARL STEINIER.
Summary
The 2020 annual accounts show equity of €268,240 and a net result of €30,338.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 9 March 2023
- Supervising judge
- Frederic Laloux
- Official Gazette
- 15-03-2023 (pdf) ↗search the document for 2023/109983
Deadlines
- Appeal or third-party opposition until
- passed on 30 March 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 April 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 April 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 March 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Karl SteinierRue Des Faucons 61, 5004 Bougek.steinier@wallaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-10-2021, 86 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
86 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30,338
2019 · -€17,047
Working capital
€346,912▲ 41.2%
2019 · €245,604
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€28,205-€53,580▲ 90.0%€88,966▲ 66.0%
Net result€5,656--€17,047€30,338within the sector's middle half
Equity€254,949-€237,902▼ 6.7%€268,240within the sector's middle half▲ 12.8%
Total assets€980,988-€874,489▼ 10.9%€910,588within the sector's middle half▲ 4.1%
Debt€726,039-€636,587▼ 12.3%€642,348▲ 0.9%
Working capital€275,418-€245,604▼ 10.8%€346,912within the sector's middle half▲ 41.2%
Solvency26.0%-27.2%▲ 1.2pp29.5%within the sector's middle half▲ 2.3pp
Current ratio1.44-1.43=1.66within the sector's middle half▲ 0.23
Return on assets (ROA)0.6%--1.9%▼ 2.5pp3.3%within the sector's middle half▲ 5.3pp
Staff (FTE)1-4▲ 300%2below the sector's middle half▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 66% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €910,588
Fixed assets
€39,779 ▼ 37.4%
Current assets
€870,809 ▲ 7.4%
Equity and liabilities €910,588
Equity
€268,240 ▲ 12.8%
Debt
€642,348 ▲ 0.9%
Debt's share of the balance-sheet total falls from 72.8% to 70.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€114,477▲
2019 · €91,280
Cash flow
€55,849▲
2019 · €20,653
Quick ratio
1.12▲
2019 · 0.89
Debt to equity
0.15▼
2019 · 0.30
ROE
11.3%▲
2019 · -7.2%
Debt ≤ 1 year
€523,897▼
2019 · €565,382
Debt > 1 year
€40,061▼
2019 · €71,205
Income taxes
€24,363▲
2019 · €23,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,115 | €37,700 | €25,511 | ▼ 32.3% |
| Gross operating margin9900 | €128,183 | €172,640 | €174,717 | ▲ 1.2% |
| Operating profit (loss)9901 | €28,205 | €53,580 | €88,966 | ▲ 66.0% |
| Recurring financial income75 | €3,212 | - | - | - |
| Recurring financial charges65 | €19,921 | €47,442 | €34,265 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | €5,269 | €6,138 | €54,701 | ▲ 791% |
| Income taxes67/77 | -€387 | €23,185 | €24,363 | ▲ 5.1% |
| Profit (loss) for the period9904 | €5,656 | -€17,047 | €30,338 | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | €5,656 | -€17,047 | €30,338 | ▲ 278% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €980,988 | €874,489 | €910,588 | ▲ 4.1% |
| Fixed assets21/28 | €75,301 | €63,503 | €39,779 | ▼ 37.4% |
| Intangible fixed assets21 | - | €2,138 | €1,425 | ▼ 33.3% |
| Tangible fixed assets22/27 | €75,116 | €61,180 | €38,169 | ▼ 37.6% |
| Financial fixed assets28 | €185 | €185 | €185 | = |
| Current assets29/58 | €905,687 | €810,986 | €870,809 | ▲ 7.4% |
| Stocks and contracts in progress3 | €293,512 | €309,135 | €284,080 | ▼ 8.1% |
| Amounts receivable within one year40/41 | €357,045 | €307,067 | €298,650 | ▼ 2.7% |
| Cash at bank and in hand54/58 | €97,253 | €51,407 | €162,702 | ▲ 216% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €980,988 | €874,489 | €910,588 | ▲ 4.1% |
| Equity10/15 | €254,949 | €237,902 | €268,240 | ▲ 12.8% |
| Contributions10/11 | €274,368 | €274,368 | €274,368 | = |
| Reserves13 | €7,437 | €7,437 | €7,437 | = |
| Profit (loss) carried forward14 | -€26,856 | -€43,903 | -€13,565 | ▲ 69.1% |
| Amounts payable17/49 | €726,039 | €636,587 | €642,348 | ▲ 0.9% |
| Amounts payable after more than one year17 | €84,069 | €71,205 | €40,061 | ▼ 43.7% |
| Amounts payable within one year42/48 | €630,269 | €565,382 | €523,897 | ▼ 7.3% |
| Trade debts44 | €89,282 | €18,145 | €38,548 | ▲ 112% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,656 | -€17,047 | €30,338 | ▲ 278% |
| + Depreciation and write-downs630 | €34,115 | €37,700 | €25,511 | ▼ 32.3% |
| Operating cash flow (approximation) | €39,771 | €20,653 | €55,849 | ▲ 170% |
| Investment in fixed assets (approximation) | - | -€25,902 | -€1,787 | ▲ 93.1% |
| Change in cash | - | -€45,846 | €111,295 | ▲ 343% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
15-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 09-03-2023
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 86 days late
2020
31-12
Financial
Back to profitnet €30,338
Net result €30,338 after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
31-12
Financial
Weakest financial yearnet -€17,047
Net result drops to -€17,047, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
09-05
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Profondeville · 1 establishment unit since 1997
Ground area
2,193 m²
Building footprint
207 m²
Volume, LiDAR
1,278 m³
Parcel 92101C0376/00L004, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AXE LINE
since 19972.081.814.691
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92101C0376/00L004 | Wallonia | 2,193 m² | 1 · 207 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL STEINIER RUE DES FAUCONS 61, 5004 BOUGE- |
09-03-2023 → present |
Recognitions · licences · registrations
Legal Entity Identifier
967600S0OZ7BTBMHCD91
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Of 565 companies in sector 46480 we hold annual accounts for 355. 250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
46480Wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.