A.X.S.
ActiveSummary
A.X.S. has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,753 and a net result of -€2,754. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 13683 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency78▼-16
Growth75▲+16
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.2%
Return on assets
-25.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,754
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
34 d early
2023
22 d early
2022
10 d early
2021
24 d early
2020
21 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€67,164▲ 106%
2022 · €32,626
EBIT margin
11.8%▲ 4.6pp
2022 · 7.2%
Net result
-€2,754▲ 72.9%
2024 · -€10,176
Working capital
€5,278▼ 28.7%
2024 · €7,404
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€39,175▼ 73.4%€32,626▼ 16.7%€67,164▲ 106%
Operating result€1,317€2,334▲ 77.2%€7,923▲ 239%-€10,113-€2,561▲ 74.7%
Net result€1,092within the sector's middle half€2,086within the sector's middle half▲ 91.0%€4,932within the sector's middle half▲ 136%-€10,176below the sector's middle half-€2,754within the sector's middle half▲ 72.9%
EBIT margin3.4%▲ 8.9pp7.2%▲ 3.8pp11.8%▲ 4.6pp
Equity€11,664within the sector's middle half▲ 10.3%€13,750within the sector's middle half▲ 17.9%€18,682within the sector's middle half▲ 35.9%€8,506within the sector's middle half▼ 54.5%€5,753within the sector's middle half▼ 32.4%
Total assets€26,514below the sector's middle half▲ 86.9%€22,494below the sector's middle half▼ 15.2%€30,513below the sector's middle half▲ 35.6%€12,361below the sector's middle half▼ 59.5%€10,821below the sector's middle half▼ 12.5%
Debt€14,850▲ 311%€8,744▼ 41.1%€11,831▲ 35.3%€3,855▼ 67.4%€5,069▲ 31.5%
Working capital€7,913within the sector's middle half▼ 21.4%€10,949within the sector's middle half▲ 38.4%€16,830within the sector's middle half▲ 53.7%€7,404within the sector's middle half▼ 56.0%€5,278within the sector's middle half▼ 28.7%
Solvency44.0%within the sector's middle half▼ 30.5pp61.1%above the sector's middle half▲ 17.1pp61.2%above the sector's middle half▲ 0.1pp68.8%above the sector's middle half▲ 7.6pp53.2%within the sector's middle half▼ 15.7pp
Current ratio1.53within the sector's middle half▼ 2.252.25above the sector's middle half▲ 0.722.42above the sector's middle half▲ 0.172.92above the sector's middle half▲ 0.502.04within the sector's middle half▼ 0.88
Return on assets (ROA)4.1%within the sector's middle half▲ 63.1pp9.3%within the sector's middle half▲ 5.2pp16.2%above the sector's middle half▲ 6.9pp-82.3%below the sector's middle half▼ 98.5pp-25.4%below the sector's middle half▲ 56.9pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,561 in 2025 against €10,113 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,821
Fixed assets
€475 ▼ 56.9%
Current assets
€10,347 ▼ 8.1%
Equity and liabilities €10,821
Equity
€5,753 ▼ 32.4%
Debt
€5,069 ▲ 31.5%
Debt's share of the balance-sheet total rises from 31.2% to 46.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,011▲
2024 · -€9,363
Cash flow
-€2,204▲
2024 · -€9,426
Debt to equity
0.88▲
2024 · 0.45
ROE
-47.9%▲
2024 · -119.6%
Interest coverage
-21.06▲
2024 · -109.79
Debt ≤ 1 year
€5,069▲
2024 · €3,855
Income taxes
€104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €39,175 | €32,626 | €67,164 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €37,107 | €29,285 | €58,214 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €698 | €949 | €949 | €750 | €550 | ▼ 26.7% |
| Other operating charges640/8 | €53 | €58 | €78 | €138 | €42 | ▼ 69.8% |
| Gross operating margin9900 | €2,068 | €3,341 | €8,950 | -€9,225 | -€1,970 | ▲ 78.6% |
| Operating profit (loss)9901 | €1,317 | €2,334 | €7,923 | -€10,113 | -€2,561 | ▲ 74.7% |
| Financial income75/76B | - | - | - | €22 | €8 | ▼ 65.7% |
| Recurring financial income75 | - | - | - | €22 | €8 | ▼ 65.7% |
| Financial charges65/66B | €88 | €89 | €50 | €85 | €96 | ▲ 12.0% |
| Recurring financial charges65 | €88 | €89 | €50 | €85 | €96 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €1,229 | €2,245 | €7,873 | -€10,176 | -€2,649 | ▲ 74.0% |
| Income taxes67/77 | €137 | €159 | €2,941 | - | €104 | - |
| Profit (loss) for the period9904 | €1,092 | €2,086 | €4,932 | -€10,176 | -€2,754 | ▲ 72.9% |
| Profit (loss) for the period to be appropriated9905 | €1,092 | €2,086 | €4,932 | -€10,176 | -€2,754 | ▲ 72.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,514 | €22,494 | €30,513 | €12,361 | €10,821 | ▼ 12.5% |
| Fixed assets21/28 | €3,751 | €2,801 | €1,852 | €1,102 | €475 | ▼ 56.9% |
| Tangible fixed assets22/27 | €3,674 | €2,724 | €1,775 | €1,025 | €475 | ▼ 53.7% |
| Furniture and vehicles24 | €3,674 | €2,724 | €1,775 | €1,025 | €475 | ▼ 53.7% |
| Financial fixed assets28 | €77 | €77 | €77 | €77 | - | - |
| Current assets29/58 | €22,763 | €19,693 | €28,661 | €11,260 | €10,347 | ▼ 8.1% |
| Amounts receivable within one year40/41 | €269 | €0 | €8,705 | €7,413 | €387 | ▼ 94.8% |
| Trade receivables40 | - | - | €5,465 | €970 | - | - |
| Other amounts receivable41 | €269 | €0 | €3,240 | €6,443 | €387 | ▼ 94.0% |
| Cash at bank and in hand54/58 | €22,494 | €19,693 | €19,956 | €3,847 | €9,959 | ▲ 159% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,514 | €22,494 | €30,513 | €12,361 | €10,821 | ▼ 12.5% |
| Equity10/15 | €11,664 | €13,750 | €18,682 | €8,506 | €5,753 | ▼ 32.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | - | - | - | - | - |
| Other1109/19 | €18,600 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€8,796 | -€6,710 | -€1,778 | -€11,954 | -€14,707 | ▼ 23.0% |
| Amounts payable17/49 | €14,850 | €8,744 | €11,831 | €3,855 | €5,069 | ▲ 31.5% |
| Amounts payable within one year42/48 | €14,850 | €8,744 | €11,831 | €3,855 | €5,069 | ▲ 31.5% |
| Trade debts44 | €573 | €468 | €8,741 | €905 | - | - |
| Suppliers440/4 | €573 | €468 | €8,741 | €905 | - | - |
| Taxes, remuneration and social security45 | €5,282 | €3,134 | €3,090 | €2,950 | €104 | ▼ 96.5% |
| Taxes450/3 | €282 | €3,134 | €3,090 | €2,950 | €104 | ▼ 96.5% |
| Remuneration and social security454/9 | €5,000 | €0 | - | - | - | - |
| Other amounts payable47/48 | €8,995 | €5,142 | - | - | €4,964 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,092 | €2,086 | €4,932 | -€10,176 | -€2,754 | ▲ 72.9% |
| + Depreciation and write-downs630 | €698 | €949 | €949 | €750 | €550 | ▼ 26.7% |
| Operating cash flow (approximation) | €1,790 | €3,035 | €5,881 | -€9,426 | -€2,204 | ▲ 76.6% |
| Investment in fixed assets (approximation) | - | €1 | €0 | -€0 | €77 | ▲ 40,632% |
| Change in cash | - | -€2,801 | €263 | -€16,109 | €6,113 | ▲ 138% |
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
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€10,176
Net result drops to -€10,176, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €1,092
Net result €1,092 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 3.78
Current ratio from 1.44 to 3.78; short-term debt falls from €40,902 to €3,617.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €15,508
Net result €15,508 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brussel · 2 establishment units since 2004
Ground area
2,812 m²
Building footprint
2,314 m²
Volume, LiDAR
37,423 m³
3 parcels, Brussels · tallest building 32.8 m, ±8 floors. Linked by address, not a title deed.
180
companies at this address
See who is registered here
2 establishment units
A.X.S.
since 20042.137.520.011
BE FAIR PLAY
since 20042.137.520.407
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0060/00G003 | Brussels | 1,354 m² | 1 · 617 m² | 27.0 m · 8 fl. |
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 fl. |
| 21447A0334/00A024 | Brussels | 239 m² | 1 · 476 m² | 26.0 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,991 companies in sector 56301 we hold annual accounts for 4,896. 2,959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded11-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
70200Business and other management consultancy
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865724604
Also
9925:BE0865724604
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.