AAXE - CLASS
ActiveSummary
AAXE - CLASS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €649,768 and a net result of €25,198. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 55% of 32 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-3
Solvency53▼-2
Growth51▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.45 in 2024; short-term debt: 71.6% and cash: 58.3% of total assets), and 71.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
28.4%
Return on assets
1.1%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 97
Relative position
BE, all sectors
reference
Activities of households as employers of domestic personnel (NACE 97)
about 10% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
36 d early
2023
21 d early
2022
27 d early
2021
32 d early
2020
45 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#5 company by equity in Belgium, Households sector
Turnover
€7.9m▼ 1.8%
2024 · €8.0m
EBIT margin
0.9%▼ 0.5pp
2024 · 1.4%
Net result
€25,198▼ 41.2%
2024 · €42,871
Working capital
€650,946▲ 1.7%
2024 · €640,269
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€6.2m▲ 27.3%€8.0m▲ 27.7%€7.9m▼ 1.6%€8.0m▲ 2.4%€7.9m▼ 1.8%
Operating result€40,268▲ 9.6%€164,348▲ 308%€199,267▲ 21.2%€114,047▼ 42.8%€71,360▼ 37.4%
Net result€24,580▼ 28.0%€62,770▲ 155%€107,045▲ 70.5%€42,871▼ 60.0%€25,198▼ 41.2%
EBIT margin0.6%▼ 0.1pp2.1%▲ 1.4pp2.5%▲ 0.5pp1.4%▼ 1.1pp0.9%▼ 0.5pp
Equity€411,884▲ 6.3%€474,654▲ 15.2%€581,699▲ 22.6%€624,570▲ 7.4%€649,768▲ 4.0%
Total assets€1.6m▲ 11.5%€2.1m▲ 31.6%€2.0m▼ 6.3%€2.1m▲ 6.0%€2.3m▲ 10.5%
Debt€1.2m▲ 13.4%€1.6m▲ 37.3%€1.4m▼ 14.8%€1.4m▲ 5.5%€1.6m▲ 13.2%
Working capital€415,078▲ 6.7%€494,802▲ 19.2%€594,484▲ 20.1%€640,269▲ 7.7%€650,946▲ 1.7%
Staff (FTE)191.2▲ 5.1%224.1▲ 17.2%216.2▼ 3.5%201▼ 7.0%184.6▼ 8.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€400 =
Current assets
€2.3m ▲ 10.5%
Equity and liabilities €2.3m
Equity
€649,768 ▲ 4.0%
Debt
€1.6m ▲ 13.2%
Debt's share of the balance-sheet total rises from 69.9% to 71.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.40▼
2024 · 1.45
Debt to equity
2.53▲
2024 · 2.32
ROE
3.9%▼
2024 · 6.9%
ROA
1.1%▼
2024 · 2.1%
Debt ≤ 1 year
€1.6m▲
2024 · €1.4m
Income taxes
€40,654▼
2024 · €61,133
Staff costs
€7.4m▲
2024 · €7.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 289 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 289 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.3m | €8.0m | €7.9m | €8.0m | €7.9m | ▼ 1.4% |
| Turnover70 | €6.2m | €8.0m | €7.9m | €8.0m | €7.9m | ▼ 1.8% |
| Other operating income74 | €59,371 | €38,899 | €38,525 | €9,114 | €39,537 | ▲ 334% |
| Operating charges60/66A | €6.3m | €7.9m | €7.7m | €7.9m | €7.9m | ▼ 0.9% |
| Services and other goods61 | €534,083 | €603,667 | €520,086 | €599,498 | €501,661 | ▼ 16.3% |
| Remuneration, social security and pensions62 | €5.7m | €7.2m | €7.2m | €7.3m | €7.4m | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €96 | €50 | - | - | - | - |
| Other operating charges640/8 | €868 | €19,274 | €960 | €1,344 | €1,744 | ▲ 29.7% |
| Operating profit (loss)9901 | €40,268 | €164,348 | €199,267 | €114,047 | €71,360 | ▼ 37.4% |
| Financial income75/76B | €829 | €737 | €2,047 | €4,797 | €4,287 | ▼ 10.6% |
| Recurring financial income75 | €829 | €737 | €2,047 | €4,797 | €4,287 | ▼ 10.6% |
| Income from current assets751 | €829 | €737 | - | €4,797 | €4,287 | ▼ 10.6% |
| Other financial income752/9 | - | - | €2,047 | - | - | - |
| Financial charges65/66B | €3,591 | €6,886 | €13,845 | €14,840 | €9,794 | ▼ 34.0% |
| Recurring financial charges65 | €3,591 | €6,886 | €13,845 | €14,840 | €9,794 | ▼ 34.0% |
| Debt charges650 | €2,992 | €3,777 | - | €13,678 | €8,917 | ▼ 34.8% |
| Other financial charges652/9 | €599 | €3,108 | €13,845 | €1,162 | €878 | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €37,506 | €158,199 | €187,469 | €104,004 | €65,852 | ▼ 36.7% |
| Income taxes67/77 | €12,926 | €95,430 | €80,424 | €61,133 | €40,654 | ▼ 33.5% |
| Taxes670/3 | €12,926 | €95,548 | €80,424 | €61,133 | €53,206 | ▼ 13.0% |
| Tax adjustments and reversals of tax provisions77 | - | €118 | - | - | €12,552 | - |
| Profit (loss) for the period9904 | €24,580 | €62,770 | €107,045 | €42,871 | €25,198 | ▼ 41.2% |
| Profit (loss) for the period to be appropriated9905 | €24,580 | €62,770 | €107,045 | €42,871 | €25,198 | ▼ 41.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €2.1m | €2.0m | €2.1m | €2.3m | ▲ 10.5% |
| Fixed assets21/28 | €449 | €400 | €400 | €400 | €400 | = |
| Tangible fixed assets22/27 | €50 | - | - | - | - | - |
| Plant, machinery and equipment23 | €50 | - | - | - | - | - |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Other financial fixed assets284/8 | €400 | €400 | €400 | €400 | €400 | = |
| Amounts receivable and cash guarantees285/8 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €1.6m | €2.1m | €2.0m | €2.1m | €2.3m | ▲ 10.5% |
| Amounts receivable within one year40/41 | €599,405 | €866,106 | €737,937 | €788,052 | €955,091 | ▲ 21.2% |
| Trade receivables40 | €393,464 | €573,768 | €576,200 | €518,940 | €633,416 | ▲ 22.1% |
| Other amounts receivable41 | €205,941 | €292,339 | €161,737 | €269,111 | €321,675 | ▲ 19.5% |
| Cash at bank and in hand54/58 | €969,481 | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 4.0% |
| Deferred charges and accrued income490/1 | €16,774 | - | €52 | €1,413 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €2.1m | €2.0m | €2.1m | €2.3m | ▲ 10.5% |
| Equity10/15 | €411,884 | €474,654 | €581,699 | €624,570 | €649,768 | ▲ 4.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €45,260 | €45,260 | €45,260 | €45,260 | €45,260 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €43,400 | €43,400 | €45,260 | €45,260 | €45,260 | = |
| Profit (loss) carried forward14 | €348,024 | €410,794 | €517,839 | €560,710 | €585,908 | ▲ 4.5% |
| Amounts payable17/49 | €1.2m | €1.6m | €1.4m | €1.4m | €1.6m | ▲ 13.2% |
| Amounts payable within one year42/48 | €1.2m | €1.6m | €1.4m | €1.4m | €1.6m | ▲ 14.4% |
| Financial debts43 | €121,004 | €158,203 | €185,840 | €175,684 | €174,621 | ▼ 0.6% |
| Credit institutions430/8 | €121,004 | €158,203 | €185,840 | €175,684 | €174,621 | ▼ 0.6% |
| Trade debts44 | €133,795 | €176,541 | €152,929 | €174,179 | €181,918 | ▲ 4.4% |
| Suppliers440/4 | €133,795 | €176,541 | €152,929 | €174,179 | €181,918 | ▲ 4.4% |
| Taxes, remuneration and social security45 | €865,745 | €1.1m | €1.0m | €1.1m | €1.2m | ▲ 16.9% |
| Taxes450/3 | €22,179 | €31,168 | €19,919 | €24,731 | €45,151 | ▲ 82.6% |
| Remuneration and social security454/9 | €843,566 | €1.1m | €981,134 | €1.0m | €1.2m | ▲ 15.4% |
| Other amounts payable47/48 | €50,038 | €152,477 | €20,935 | €20,406 | €40,073 | ▲ 96.4% |
| Accrued charges and deferred income492/3 | €3,643 | €20,548 | €13,184 | €16,098 | €1,577 | ▼ 90.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,580 | €62,770 | €107,045 | €42,871 | €25,198 | ▼ 41.2% |
| + Depreciation and write-downs630 | €96 | €50 | - | - | - | - |
| Operating cash flow (approximation) | €24,676 | €62,819 | €107,045 | €42,871 | €25,198 | ▼ 41.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €250,589 | -€2,818 | €66,746 | €51,319 | ▼ 23.1% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Highest result since 2018net €107,045 ▲70.5%
Operating result €199,267, net result €107,045, both a record.
31-12
Financial
Equity above €500,000Eq €581,699 ▲22.6%
6 profitable years in a row build equity to €581,699.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Weakest financial yearnet €24,580 ▼28%
Net result drops to €24,580, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
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 9 acts read
About the unread acts
We know of 9 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
9 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, Sint-Pieters-Woluwe · 1 establishment unit since 2009
Ground area
363 m²
Building footprint
184 m²
Volume, LiDAR
2,160 m³
Parcel 21019A0209/00Y005, Brussels · tallest building 21.0 m, ±4 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
AAXE-CLASS
since 20092.198.255.966
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0209/00Y005 | Brussels | 363 m² | 1 · 184 m² | 21.0 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 5,792,672 EUR awarded · 5,782,096 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 1,465,448 EUR | 1,463,234 EUR |
| 2024 | 2 | 1,495,416 EUR | 1,495,737 EUR |
| 2023 | 2 | 1,450,644 EUR | 1,445,960 EUR |
| 2022 | 2 | 1,381,164 EUR | 1,377,165 EUR |
Recognitions · licences · registrations
Recognised service-voucher company
1 live approval · 404 municipalitiesService area
Recognised service-voucher company
Similar companies · same sector, comparable size
TRIXXO B
BE 0692.816.065
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FERROFIN
BE 0773.550.749
Antwerpen · Eq €687,996
AAXE-A.M.
BE 0887.999.168
Sint-Pieters-Woluwe · Eq €596,911
QUALITY 4U
BE 0866.434.385
Kortrijk · Eq €512,819
AAXE
BE 0879.869.479
Sint-Pieters-Woluwe · Eq €847,470
Of 4,996 companies in sector 97000 we hold annual accounts for 55. 40 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
96910Personal service activities
97000Households as employers of domestic personnel
Contact
E-mail
andre.desauvage@aaxe.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811628197
Also
9925:BE0811628197
Registered
10-06-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.