ARAXESS
ActiveARAXESS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186k and a net result of €34k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+20
Solvency55▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.29 in 2024; short-term debt: 26.1% and cash: 0.1% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
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
30.5%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
26 d late
2023
27 d late
2022
71 d late
2021
19 d early
2020
89 d late
2019
67 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€186k▲ 22.1%
2024 · €153k
2018: €91k
2019: €115k
2020: €134k
2021: €134k
2022: €131k
2023: €135k
2024: €153k
2018 → 2025
Total assets
€611k▼ 5.5%
2024 · €646k
2018: €394k
2019: €399k
2020: €407k
2021: €355k
2022: €613k
2023: €625k
2024: €646k
2018 → 2025
Net result
€34k▲ 95.2%
2024 · €17k
2018: €32k
2019: €24k
2020: €58k
2021: €-939
2022: €-41k
2023: €4k
2024: €17k
2018 → 2025
Working capital
€-115k▲ 17.3%
2024 · €-139k
2018: €5k
2019: €20k
2020: €185k
2021: €162k
2022: €29k
2023: €16k
2024: €-139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€134k-€131k▼ 1.7%€135k▲ 3.0%€153k▲ 12.8%€186k▲ 22.1%
Operating result€10k-€-24k€20k€39k▲ 93.5%€68k▲ 76.3%
Net result€-939-€-41k▼ 4,228%€4k€17k▲ 337%€34k▲ 95.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €611k
Fixed assets
€566k▼ 4.1%
Current assets
€45k▼ 20.3%
Equity and liabilities €611k
Equity
€186k▲ 22.1%
Provisions
€11k▼ 3.7%
Debt
€414k▼ 14.2%
The debt ratio falls from 74.6% to 67.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▲
2024 · €62k
Cash flow
€64k▲
2024 · €41k
Solvency
30.5%▲
2024 · 23.6%
Current ratio
0.28▼
2024 · 0.29
Quick ratio
0.28▼
2024 · 0.29
Debt / equity
2.22▼
2024 · 3.16
ROE
18.1%▲
2024 · 11.3%
ROA
5.5%▲
2024 · 2.7%
Interest coverage
6.62▲
2024 · 4.13
Debt
€414k▼
2024 · €482k
Debt ≤ 1 year
€160k▼
2024 · €195k
Debt > 1 year
€252k▼
2024 · €286k
Income taxes
€20k▲
2024 · €8k
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€646k€611k▼
Fixed assets21/28€590k€566k▼
Tangible fixed assets22/27€590k€566k▼
Land and buildings22€578k€560k▼
Furniture and vehicles24€12k€5k▼
Current assets29/58€57k€45k▼
Amounts receivable within one year40/41€43k€42k▼
Trade receivables40€26k€30k▲
Other amounts receivable41€18k€13k▼
Cash at bank and in hand54/58€12k€380▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€646k€611k▼
Equity10/15€153k€186k▲
Contributions10/11€12k€12k=
Reserves13€136k€170k▲
Tax-exempt reserves132€46k€45k▼
Distributable reserves133€90k€125k▲
Profit (loss) carried forward14€4k€4k=
Provisions and deferred taxes16€12k€11k▼
Deferred taxes168€12k€11k▼
Amounts payable17/49€482k€414k▼
Amounts payable after more than one year17€286k€252k▼
Financial debts170/4€286k€252k▼
Amounts payable within one year42/48€195k€160k▼
Current portion of amounts payable after more than one year42€35k€36k▲
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€7k€14k▲
Suppliers440/4€7k€14k▲
Taxes, remuneration and social security45€4k€28k▲
Taxes450/3€4k€28k▲
Other amounts payable47/48€147k€78k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€30k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€72k€101k▲
Operating profit (loss)9901€39k€68k▲
Financial income75/76B€2k€31▼
Recurring financial income75€2k€31▼
Financial charges65/66B€15k€15k▼
Recurring financial charges65€15k€15k▼
Profit (loss) for the period before taxes9903€25k€53k▲
Transfer from deferred taxes780€426€426=
Income taxes67/77€8k€20k▲
Profit (loss) for the period9904€17k€34k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€19k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€40k▲
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer to equity691/2€19k€35k▲
To other reserves6921€19k€35k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €150kEq €153k ▲12.8%
2 profitable years in a row build equity to €153k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €58k ▲139%
Operating result €87k, net result €58k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.89
Current ratio from 1.21 to 3.89; short-term debt falls from €98k to €64k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Equity above €100kEq €115k ▲26.5%
2 profitable years in a row build equity to €115k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2006
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.
Av des Quatre Bonniers 121348 Ottignies-Louvain-la-NeuveGround area
308 m²
Building footprint
130 m²
Volume, LiDAR
681 m³
Parcel 25385B0015/00A002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cours de Valduc 1, 1348 Ottignies-Louvain-la-Neuve
since 20062.155.685.042
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25385B0015/00A002 | Wallonia | 308 m² | 1 · 130 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELEAS
BE 0785.807.886
Sint-Pieters-Leeuw · Eq €186k
I.D.
BE 0659.958.306
Ukkel · Eq €186k
ORGA-MED CONGRESS OFFICE
BE 0837.992.502
Ternat · Eq €187k
GRACE SANTE
BE 0640.997.477
Jette · Eq €188k
ERO-EXPO
BE 0439.335.863
Balen · Eq €184k
Of 4,574 companies in sector 82300 we hold annual accounts for 1,669. 1,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2006
Fiscal year end31-12
Activities, NACEBEL
74872
82300Organisation of conventions and trade shows
71209Other technical testing and analysis
74302
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.