AIXANDRI
ActiveSummary
The computed 12-month bankruptcy probability of AIXANDRI is 7.5% (elevated). The 2024 annual accounts show negative equity (€-10k) and a net result of €-10k. Equity is shrinking by ~43.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 2090 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability3▼-71
Solvency12▼-13
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
7.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.85 in 2023; short-term debt: 112.6% and cash: 20.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
-12.7%
Return on assets
-12.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
58 d late
2022
58 d late
2021
78 d late
2020
81 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-10k
2023 · €67
2019: €8k
2020: €12k▲ +41.6% vs 2019highest in 6 years
2021: €11k▼ -6.8% vs 2020
2022: €-565▼ -105% vs 2021
2023: €67▲ +112% vs 2022
2024: €-10k▼ -14698% vs 2023lowest in 6 years
2019 → 2024
Total assets
€77k▼ 4.7%
2023 · €81k
2019: €86k
2020: €115k▲ +33.8% vs 2019highest in 6 years
2021: €97k▼ -15.4% vs 2020
2022: €84k▼ -13.9% vs 2021
2023: €81k▼ -3.6% vs 2022
2024: €77k▼ -4.7% vs 2023lowest in 6 years
2019 → 2024
Net result
€-10k
2023 · €4k
2019: €-4k
2020: €3k▲ +185% vs 2019
2021: €10k▲ +194% vs 2020highest in 6 years
2022: €-12k▼ -213% vs 2021lowest in 6 years
2023: €4k▲ +131% vs 2022
2024: €-10k▼ -371% vs 2023
2019 → 2024
Working capital
€-21k▼ 77.7%
2023 · €-12k
2019: €-6k
2020: €-2k▲ +69.7% vs 2019highest in 6 years
2021: €-2k▼ -19.7% vs 2020
2022: €-12k▼ -505% vs 2021
2023: €-12k▲ +4.5% vs 2022
2024: €-21k▼ -77.7% vs 2023lowest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€11k▼ 6.8%€-565€67€-10k
2020: €12khighest in 5 years
2021: €11k▼ -6.8% vs 2020
2022: €-565▼ -105% vs 2021
2023: €67▲ +112% vs 2022
2024: €-10k▼ -14698% vs 2023lowest in 5 years
Operating result€4k-€10k▲ 139%€-11k€6k€-9k
2020: €4k
2021: €10k▲ +139% vs 2020highest in 5 years
2022: €-11k▼ -207% vs 2021lowest in 5 years
2023: €6k▲ +158% vs 2022
2024: €-9k▼ -235% vs 2023
Net result€3k-€10k▲ 194%€-12k€4k€-10k
2020: €3k
2021: €10k▲ +194% vs 2020highest in 5 years
2022: €-12k▼ -213% vs 2021lowest in 5 years
2023: €4k▲ +131% vs 2022
2024: €-10k▼ -371% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77k
Fixed assets
€11k ▼ 4.9%
Current assets
€66k ▼ 4.7%
Key figures and ratios
EBITDA
€-4k▼
2023 · €11k
Cash flow
€-5k▼
2023 · €9k
Solvency
-12.7%▼
2023 · 0.1%
Current ratio
0.76▼
2023 · 0.85
Quick ratio
0.33▲
2023 · 0.30
Debt to equity
-8.88
ROA
-12.8%▼
2023 · 4.5%
Interest coverage
-7.36▼
2023 · 32.16
Debt
€87k▲
2023 · €81k
Debt ≤ 1 year
€87k▲
2023 · €81k
Income taxes
€702▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€81k€77k▼
Fixed assets21/28€12k€11k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23€699€2k▲
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€903€2k▲
Current assets29/58€69k€66k▼
Stocks and contracts in progress3€44k€37k▼
Stocks30/36€44k€37k▼
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€11k€8k▼
Cash at bank and in hand54/58€8k€16k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€81k€77k▼
Equity10/15€67€-10k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-12k€-22k▼
Amounts payable17/49€81k€87k▲
Amounts payable within one year42/48€81k€87k▲
Trade debts44€6k€21k▲
Suppliers440/4€6k€21k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€70k€60k▼
Accrued charges and deferred income492/3-€63
Income statement
Code20232024
Non-recurring operating income76A-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€7k€4k▼
Non-recurring operating charges66A-€208
Gross operating margin9900€19k€223▼
Operating profit (loss)9901€6k€-9k▼
Financial income75/76B€22€62▲
Recurring financial income75€22€62▲
Financial charges65/66B€352€543▲
Recurring financial charges65€352€543▲
Profit (loss) for the period before taxes9903€6k€-9k▼
Income taxes67/77€2k€702▼
Profit (loss) for the period9904€4k€-10k▼
Profit (loss) for the period to be appropriated9905€4k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-22k▼
Profit (loss) brought forward from the previous period14P€-13k€-12k▲
Profit to be distributed694/7€3k€0▼
Directors or managers695€3k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €4k | €5k | €5k | ▼ 5.3% |
| Other operating charges640/8 | - | €60 | €4k | €7k | €4k | ▼ 45.2% |
| Non-recurring operating charges66A | - | - | - | - | €208 | - |
| Gross operating margin9900 | €8k | €13k | €-3k | €19k | €223 | ▼ 98.8% |
| Operating profit (loss)9901 | €4k | €10k | €-11k | €6k | €-9k | ▼ 235% |
| Financial income75/76B | - | €662 | €229 | €22 | €62 | ▲ 183% |
| Recurring financial income75 | €1 | €1 | €229 | €22 | €62 | ▲ 183% |
| Non-recurring financial income76B | - | €662 | - | - | - | - |
| Financial charges65/66B | - | €89 | €95 | €352 | €543 | ▲ 54.2% |
| Recurring financial charges65 | €105 | €89 | €95 | €352 | €543 | ▲ 54.2% |
| Profit (loss) for the period before taxes9903 | €4k | €11k | €-11k | €6k | €-9k | ▼ 250% |
| Income taxes67/77 | €757 | €713 | €639 | €2k | €702 | ▼ 71.3% |
| Profit (loss) for the period9904 | €3k | €10k | €-12k | €4k | €-10k | ▼ 371% |
| Profit (loss) for the period to be appropriated9905 | €3k | €10k | €-12k | €4k | €-10k | ▼ 371% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €115k | €97k | €84k | €81k | €77k | ▼ 4.7% |
| Fixed assets21/28 | €13k | €13k | €12k | €12k | €11k | ▼ 4.9% |
| Tangible fixed assets22/27 | €12k | €12k | €11k | €11k | €9k | ▼ 15.3% |
| Plant, machinery and equipment23 | - | €4k | €2k | €699 | €2k | ▲ 118% |
| Furniture and vehicles24 | - | €8k | €8k | €10k | €8k | ▼ 24.3% |
| Financial fixed assets28 | €1k | €1k | €903 | €903 | €2k | ▲ 122% |
| Current assets29/58 | €102k | €84k | €72k | €69k | €66k | ▼ 4.7% |
| Stocks and contracts in progress3 | €64k | €49k | €35k | €44k | €37k | ▼ 15.8% |
| Stocks30/36 | - | €49k | €35k | €44k | €37k | ▼ 15.8% |
| Amounts receivable within one year40/41 | €9k | €12k | €13k | €11k | €8k | ▼ 28.3% |
| Trade receivables40 | - | €12k | €12k | €11k | €8k | ▼ 28.3% |
| Other amounts receivable41 | - | - | €987 | - | - | - |
| Cash at bank and in hand54/58 | €28k | €23k | €18k | €8k | €16k | ▲ 88.3% |
| Deferred charges and accrued income490/1 | - | - | €7k | €5k | €5k | ▼ 11.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €115k | €97k | €84k | €81k | €77k | ▼ 4.7% |
| Equity10/15 | €12k | €11k | €-565 | €67 | €-10k | ▼ 14,698% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-616 | €-1k | €-13k | €-12k | €-22k | ▼ 79.8% |
| Amounts payable17/49 | €103k | €86k | €84k | €81k | €87k | ▲ 7.4% |
| Amounts payable within one year42/48 | €103k | €86k | €84k | €81k | €87k | ▲ 7.4% |
| Trade debts44 | €16k | €5k | €16k | €6k | €21k | ▲ 254% |
| Suppliers440/4 | - | €5k | €16k | €6k | €21k | ▲ 254% |
| Taxes, remuneration and social security45 | - | €4k | €4k | €5k | €6k | ▲ 9.8% |
| Taxes450/3 | - | €4k | €4k | €5k | €6k | ▲ 9.8% |
| Other amounts payable47/48 | - | €77k | €64k | €70k | €60k | ▼ 13.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €63 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €10k | €-12k | €4k | €-10k | ▼ 371% |
| + Depreciation and write-downs630 | €4k | €3k | €4k | €5k | €5k | ▼ 5.3% |
| Operating cash flow (approximation) | €7k | €13k | €-8k | €9k | €-5k | ▼ 161% |
| Investment in fixed assets (approximation) | - | €-2k | €-3k | €-5k | €-4k | ▲ 18.4% |
| Change in cash | - | €-5k | €-6k | €-9k | €7k | ▲ 181% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2019net €10k ▲194%
Operating result €10k, net result €10k, both a record.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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-Gillis (bij-Brussel) · 2 establishment units since 2019
Ground area
4,716 m²
Building footprint
5,612 m²
Volume, LiDAR
33,731 m³
2 parcels, Brussels, Flanders · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
AIXANDRI
since 20192.288.949.085
Stock
since 20192.288.948.986
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0044/00R004 | Flanders | 4,543 m² | 1 · 5,480 m² | 8.9 m · 2 fl. |
| 21562A0194/00S003 | Brussels | 173 m² | 1 · 132 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
10410Manufacture of food products
47279Other retail sale of food
Contact
Phone
+3200000000
Scores and ratios are computed by Checked and are not a credit decision.