A.xelle
ActiveA.xelle has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €83k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 0.85 in 2024; short-term debt: 31.7% and cash: 64.1% of total assets), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
35.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €156k
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
6 d early
2023
5 d early
2022
31 d late
2021
31 d late
2020
20 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€156k▲ 112%
2024 · €74k
2018: €-18k
2019: €-14k
2020: €-44k
2021: €43k
2022: €150k
2023: €122k
2024: €74k
2018 → 2025
Total assets
€230k▲ 28.6%
2024 · €179k
2018: €158k
2019: €95k
2020: €63k
2021: €120k
2022: €244k
2023: €242k
2024: €179k
2018 → 2025
Net result
€83k▲ 21.9%
2024 · €68k
2018: €-29k
2019: €5k
2020: €-30k
2021: €87k
2022: €108k
2023: €90k
2024: €68k
2018 → 2025
Working capital
€82k
2024 · €-15k
2018: €-116k
2019: €-75k
2020: €-85k
2021: €7k
2022: €94k
2023: €22k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€150k▲ 253%€122k▼ 18.6%€74k▼ 39.6%€156k▲ 112%
Operating result€88k-€142k▲ 60.8%€115k▼ 19.0%€85k▼ 25.6%€106k▲ 24.6%
Net result€87k-€108k▲ 24.0%€90k▼ 16.8%€68k▼ 24.5%€83k▲ 21.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €230k
Fixed assets
€75k▼ 16.1%
Current assets
€155k▲ 73.3%
Equity and liabilities €230k
Equity
€156k▲ 112%
Debt
€74k▼ 29.8%
The debt ratio falls from 58.7% to 32.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€124k▲
2024 · €104k
Cash flow
€100k▲
2024 · €86k
Solvency
67.9%▲
2024 · 41.3%
Current ratio
2.12▲
2024 · 0.85
Quick ratio
2.12▲
2024 · 0.84
Debt / equity
0.47▼
2024 · 1.42
ROE
52.8%▼
2024 · 91.6%
ROA
35.8%▼
2024 · 37.8%
Interest coverage
68.37▲
2024 · 55.87
Debt
€74k▼
2024 · €105k
Debt ≤ 1 year
€73k▼
2024 · €105k
Income taxes
€23k▲
2024 · €19k
Staff costs
€249k▲
2024 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€179k€230k▲
Fixed assets21/28€90k€75k▼
Tangible fixed assets22/27€90k€75k▼
Land and buildings22€19k€19k▲
Plant, machinery and equipment23€23k€15k▼
Furniture and vehicles24€41k€38k▼
Other tangible fixed assets26€7k€3k▼
Current assets29/58€90k€155k▲
Stocks and contracts in progress3€1k€567▼
Stocks30/36€1k€567▼
Amounts receivable within one year40/41€3k€3k▼
Trade receivables40€3k€3k▼
Other amounts receivable41€17€36▲
Cash at bank and in hand54/58€81k€148k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€179k€230k▲
Equity10/15€74k€156k▲
Contributions10/11€6k€6k=
Reserves13€68k€150k▲
Distributable reserves133€68k€150k▲
Amounts payable17/49€105k€74k▼
Amounts payable within one year42/48€105k€73k▼
Trade debts44€29k€17k▼
Suppliers440/4€29k€17k▼
Taxes, remuneration and social security45€69k€55k▼
Taxes450/3€53k€33k▼
Remuneration and social security454/9€16k€22k▲
Other amounts payable47/48€7k€2k▼
Accrued charges and deferred income492/3€450€821▲
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€224k€249k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€333k€378k▲
Operating profit (loss)9901€85k€106k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€87k€106k▲
Income taxes67/77€19k€23k▲
Profit (loss) for the period9904€68k€83k▲
Profit (loss) for the period to be appropriated9905€68k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€83k▲
Transfer from equity791/2€116k-
Transfer to equity691/2€68k€83k▲
To other reserves6921€68k€83k▲
Profit to be distributed694/7€116k-
Return on contributions (dividend)694€116k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.12
Current ratio from 0.85 to 2.12; short-term debt falls from €105k to €73k.
31-12
Financial
Equity above €150kEq €156k ▲112%
5 profitable years in a row build equity to €156k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €108k ▲24%
Operating result €142k, net result €108k, both a record.
31-12
Financial
Equity above €150kEq €150k ▲253%
2 profitable years in a row build equity to €150k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 1.09
Current ratio from 0.18 to 1.09; short-term debt falls from €104k to €78k.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-30k ▼769%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kerkstraat(HRT) 12200 HerentalsGround area
196 m²
Building footprint
86 m²
Volume, LiDAR
712 m³
Parcel 13011F0400/00G000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Den Engel
since 20162.249.125.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011F0400/00G000 | Flanders | 196 m² | 1 · 86 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerentals2.249.125.736
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.