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Arxus

Active
Public limited companyfounded 2008active for 18 yearsVeldkant 35 D, 2550 Kontich, BelgiumKBO/BCE: BE 0806.065.149
Summary

Arxus has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.0m and a net result of €1.8m. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 64% of 1,656 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, full format

2025 annual accounts filed late (39 days) Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509689.

Turnover
€58.0m▲ 6.8%
2024 · €54.3m
EBIT margin
3.8%▼ 3.7pp
2024 · 7.5%
Net result
€1.8m▼ 47.7%
2024 · €3.5m
Working capital
€9.8m▼ 9.4%
2024 · €10.8m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 46% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€58.0m 2025 Operating result€2.2m 2025 Net result€1.8m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€13.0m-€17.1m▲ 31.7%€21.9m▲ 28.3%€28.1m▲ 28.0%€35.7m▲ 27.1%€43.6m▲ 22.1%€54.3m▲ 24.6%€58.0m▲ 6.8%
Operating result€3.1m-€3.2m▲ 0.8%€2.4m▼ 22.7%€3.5m▲ 42.4%€3.0m▼ 13.4%€1.5m▼ 48.8%€4.1m▲ 162%€2.2m▼ 46.0%
Net result€2.1m-€2.0m▼ 7.3%€1.8mabove the sector's middle half▼ 10.8%€2.6mabove the sector's middle half▲ 45.5%€2.2mabove the sector's middle half▼ 14.2%€1.3mabove the sector's middle half▼ 40.9%€3.5mabove the sector's middle half▲ 168%€1.8mabove the sector's middle half▼ 47.7%
EBIT margin24.2%-18.5%▼ 5.7pp11.1%▼ 7.3pp12.4%▲ 1.3pp8.5%▼ 4.0pp3.5%▼ 4.9pp7.5%▲ 3.9pp3.8%▼ 3.7pp
Equity€4.3m-€6.3m▲ 44.1%€8.0mabove the sector's middle half▲ 27.3%€10.4mabove the sector's middle half▲ 30.9%€12.5mabove the sector's middle half▲ 20.1%€12.8mabove the sector's middle half▲ 2.0%€15.2mabove the sector's middle half▲ 19.1%€16.0mabove the sector's middle half▲ 5.4%
Total assets€8.3m-€10.2m▲ 22.5%€13.5mabove the sector's middle half▲ 32.1%€16.5mabove the sector's middle half▲ 22.5%€22.1mabove the sector's middle half▲ 33.6%€22.8mabove the sector's middle half▲ 3.4%€27.1mabove the sector's middle half▲ 19.0%€30.5mabove the sector's middle half▲ 12.5%
Debt€4.0m-€3.9m▼ 1.0%€5.5m▲ 39.8%€6.1m▲ 10.4%€9.5m▲ 56.8%€10.0m▲ 5.3%€11.9m▲ 18.8%€14.5m▲ 21.6%
Working capital€3.4m-€5.4m▲ 59.1%€7.3mabove the sector's middle half▲ 36.3%€9.5mabove the sector's middle half▲ 29.0%€12.0mabove the sector's middle half▲ 27.0%€11.8mabove the sector's middle half▼ 2.1%€10.8mabove the sector's middle half▼ 8.1%€9.8mabove the sector's middle half▼ 9.4%
Solvency52.2%-61.4%▲ 9.2pp59.1%within the sector's middle half▼ 2.2pp63.2%within the sector's middle half▲ 4.1pp56.8%within the sector's middle half▼ 6.4pp56.0%within the sector's middle half▼ 0.8pp56.1%within the sector's middle half▲ 0.1pp52.5%within the sector's middle half▼ 3.5pp
Current ratio1.85-2.37▲ 0.522.33within the sector's middle half▼ 0.042.58within the sector's middle half▲ 0.252.35within the sector's middle half▼ 0.232.29within the sector's middle half▼ 0.061.95within the sector's middle half▼ 0.341.81within the sector's middle half▼ 0.14
Return on assets (ROA)25.6%-19.4%▼ 6.2pp13.1%within the sector's middle half▼ 6.3pp15.5%within the sector's middle half▲ 2.4pp10.0%within the sector's middle half▼ 5.6pp5.7%within the sector's middle half▼ 4.3pp12.8%within the sector's middle half▲ 7.1pp6.0%within the sector's middle half▼ 6.9pp
Staff (FTE)30.2-40.2▲ 33.1%54.9above the sector's middle half▲ 36.6%62.7above the sector's middle half▲ 14.2%77.6above the sector's middle half▲ 23.8%66.1above the sector's middle half▼ 14.8%75.6above the sector's middle half▲ 14.4%82.3above the sector's middle half▲ 8.9%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.5m
Fixed assets €8.6m ▲ 75.4%
Current assets €21.9m ▼ 1.3%
Equity and liabilities €30.5m
Equity €16.0m ▲ 5.4%
Provisions €3,985 ▲ 1,976%
Debt €14.5m ▲ 21.6%
Debt's share of the balance-sheet total rises from 43.9% to 47.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.7m▼
2024 · €5.4m
Cash flow
€4.4m▼
2024 · €4.8m
Debt to equity
0.90▲
2024 · 0.78
ROE
11.4%▼
2024 · 22.9%
Interest coverage
30.33▼
2024 · 39.72
Debt ≤ 1 year
€12.2m▲
2024 · €11.4m
Debt > 1 year
€521,489▲
2024 · €211,599
Income taxes
€337,867▼
2024 · €615,639
Staff costs
€7.5m▲
2024 · €6.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 546 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.

  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
4.2% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 546 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 90 lines
Balance sheet Code20242025
Assets
Total assets20/58€27.1m€30.5m▲
Fixed assets21/28€4.9m€8.6m▲
Intangible fixed assets21€3.0m€4.8m▲
Tangible fixed assets22/27€1.1m€1.1m▲
Plant, machinery and equipment23€0.6m€0.7m▲
Furniture and vehicles24€0.03m€0.03m▲
Leasing and similar rights25€0.4m€0.4m▲
Other tangible fixed assets26€0.07m€0.03m▼
Financial fixed assets28€0.8m€2.7m▲
Affiliated companies280/1€0.8m€2.7m▲
Participating interests280€0.8m€2.7m▲
Other financial fixed assets284/8€0.002m-
Amounts receivable and cash guarantees285/8€0.002m-
Current assets29/58€22.2m€21.9m▼
Amounts receivable within one year40/41€20.2m€19.3m▼
Trade receivables40€11.7m€14.6m▲
Other amounts receivable41€8.5m€4.6m▼
Cash at bank and in hand54/58€0.4m€0.06m▼
Deferred charges and accrued income490/1€1.7m€2.6m▲
Equity and liabilities
Total equity and liabilities10/49€27.1m€30.5m▲
Equity10/15€15.2m€16.0m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€15.1m€16.0m▲
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Tax-exempt reserves132€1.2m€1.1m▼
Distributable reserves133€13.9m€14.9m▲
Profit (loss) carried forward14€0.004m€0.001m▼
Provisions and deferred taxes16€192€0.004m▲
Provisions for liabilities and charges160/5€192€0.004m▲
Pensions and similar obligations160€192€0.004m▲
Amounts payable17/49€11.9m€14.5m▲
Amounts payable after more than one year17€0.2m€0.5m▲
Financial debts170/4€0.2m€0.5m▲
Leasing and similar obligations172€0.2m€0.5m▲
Amounts payable within one year42/48€11.4m€12.2m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▲
Trade debts44€9.9m€10.3m▲
Suppliers440/4€9.9m€10.3m▲
Advances received on contracts in progress46€0.02m-
Taxes, remuneration and social security45€1.2m€1.5m▲
Taxes450/3€0.4m€0.6m▲
Remuneration and social security454/9€0.8m€0.9m▲
Other amounts payable47/48€0.07m€0.05m▼
Accrued charges and deferred income492/3€0.3m€1.8m▲
Income statement Code20242025
Operating income70/76A€58.5m€62.3m▲
Turnover70€54.3m€58.0m▲
Own construction capitalised72€3.5m€3.6m▲
Other operating income74€0.6m€0.6m▲
Non-recurring operating income76A€394€47▼
Operating charges60/66A€54.4m€60.1m▲
Goods for resale, raw materials and consumables60€43.2m€44.8m▲
Purchases600/8€43.2m€44.8m▲
Services and other goods61€3.4m€5.2m▲
Remuneration, social security and pensions62€6.5m€7.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.3m€2.6m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.05m-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.004m
Other operating charges640/8€0.05m€0.04m▼
Non-recurring operating charges66A-€271
Operating profit (loss)9901€4.1m€2.2m▼
Financial income75/76B€0.2m€0.1m▼
Recurring financial income75€0.2m€0.08m▼
Income from current assets751€0.2m€0.07m▼
Other financial income752/9€0.009m€0.007m▼
Non-recurring financial income76B-€0.05m
Financial charges65/66B€0.1m€0.2m▲
Recurring financial charges65€0.1m€0.2m▲
Debt charges650€0.1m€0.2m▲
Other financial charges652/9€0.01m€0.006m▼
Profit (loss) for the period before taxes9903€4.1m€2.2m▼
Income taxes67/77€0.6m€0.3m▼
Taxes670/3€0.7m€0.5m▼
Tax adjustments and reversals of tax provisions77€0.08m€0.1m▲
Profit (loss) for the period9904€3.5m€1.8m▼
Transfer from tax-exempt reserves789€0.8m€0.5m▼
Transfer to tax-exempt reserves689€0.2m€0.3m▲
Profit (loss) for the period to be appropriated9905€4.1m€2.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.1m€2.0m▼
Profit (loss) brought forward from the previous period14P€0.005m€0.004m▼
Transfer from equity791/2€1.0m€1.0m=
From reserves792€1.0m€1.0m=
Transfer to equity691/2€4.0m€2.0m▼
To other reserves6921€4.0m€2.0m▼
Profit to be distributed694/7€1.0m€1.0m▼
Return on contributions (dividend)694€1.0m€1.0m=
Employees696€0.04m-
Social balance sheet
Average headcount (FTE)908775.682.3▲

The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€28.3m€35.8m€43.8m€58.5m€62.3m▲ 6.4%
Turnover70€13.0m€17.1m€21.9m€28.1m€35.7m€43.6m€54.3m€58.0m▲ 6.8%
Own construction capitalised72------€3.5m€3.6m▲ 1.4%
Other operating income74---€0.2m€0.1m€0.2m€0.6m€0.6m▲ 0.7%
Non-recurring operating income76A----€0.001m€127€394€47▼ 88.1%
Operating charges60/66A---€24.8m€32.8m€42.3m€54.4m€60.1m▲ 10.4%
Goods for resale, raw materials and consumables60---€17.4m€23.5m€32.3m€43.2m€44.8m▲ 3.7%
Purchases600/8---€17.4m€23.5m€32.3m€43.2m€44.8m▲ 3.7%
Services and other goods61---€2.2m€2.8m€3.4m€3.4m€5.2m▲ 51.3%
Remuneration, social security and pensions62---€4.6m€5.9m€5.7m€6.5m€7.5m▲ 15.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.6m€0.5m€0.5m€0.7m€0.7m€1.3m€2.6m▲ 95.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€0.05m-€0.05m--
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.001m-€192-€0.004m-
Other operating charges640/8---€0.02m€0.03m€0.03m€0.05m€0.04m▼ 17.1%
Non-recurring operating charges66A----€84--€271-
Operating profit (loss)9901€3.1m€3.2m€2.4m€3.5m€3.0m€1.5m€4.1m€2.2m▼ 46.0%
Financial income75/76B---€0.02m€0.02m€0.2m€0.2m€0.1m▼ 29.3%
Recurring financial income75€0.004m€0.006m€0.01m€0.02m€0.02m€0.2m€0.2m€0.08m▼ 58.7%
Income from current assets751---€0.007m€0.01m€0.2m€0.2m€0.07m▼ 60.6%
Other financial income752/9---€0.01m€0.01m€0.02m€0.009m€0.007m▼ 23.0%
Non-recurring financial income76B-------€0.05m-
Financial charges65/66B---€0.06m€0.09m€0.1m€0.1m€0.2m▲ 9.5%
Recurring financial charges65€0.02m€0.03m€0.05m€0.06m€0.09m€0.1m€0.1m€0.2m▲ 9.5%
Debt charges650€0.02m€0.03m€0.05m€0.06m€0.08m€0.1m€0.1m€0.2m▲ 15.8%
Other financial charges652/9---€0.002m€0.003m€0.004m€0.01m€0.006m▼ 54.0%
Profit (loss) for the period before taxes9903€3.1m€2.9m€2.4m€3.4m€3.0m€1.7m€4.1m€2.2m▼ 47.3%
Income taxes67/77€1.0m€1.0m€0.6m€0.9m€0.8m€0.4m€0.6m€0.3m▼ 45.1%
Taxes670/3---€0.9m€0.8m€0.4m€0.7m€0.5m▼ 34.3%
Tax adjustments and reversals of tax provisions77---€0.001m-€0.1m€0.08m€0.1m▲ 47.7%
Profit (loss) for the period9904€2.1m€2.0m€1.8m€2.6m€2.2m€1.3m€3.5m€1.8m▼ 47.7%
Transfer from tax-exempt reserves789-----€0.4m€0.8m€0.5m▼ 39.5%
Transfer to tax-exempt reserves689---€0.6m€0.4m€0.2m€0.2m€0.3m▲ 45.5%
Profit (loss) for the period to be appropriated9905€2.1m€1.5m€1.1m€2.0m€1.8m€1.6m€4.1m€2.0m▼ 51.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€8.3m€10.2m€13.5m€16.5m€22.1m€22.8m€27.1m€30.5m▲ 12.5%
Fixed assets21/28€1.0m€0.9m€0.6m€1.1m€1.1m€1.9m€4.9m€8.6m▲ 75.4%
Intangible fixed assets21€0.04m€0.002m€0.06m€0.1m€0.07m€0.02m€3.0m€4.8m▲ 60.3%
Tangible fixed assets22/27€0.9m€0.9m€0.5m€0.9m€1.0m€1.0m€1.1m€1.1m▲ 5.9%
Plant, machinery and equipment23---€0.7m€0.6m€0.6m€0.6m€0.7m▲ 13.9%
Furniture and vehicles24---€0.03m€0.02m€0.02m€0.03m€0.03m▲ 13.6%
Leasing and similar rights25----€0.2m€0.3m€0.4m€0.4m▲ 3.1%
Other tangible fixed assets26---€0.2m€0.1m€0.09m€0.07m€0.03m▼ 52.0%
Financial fixed assets28€0.002m€0.002m€0.03m€0.05m€0.05m€0.8m€0.8m€2.7m▲ 217%
Affiliated companies280/1---€0.05m€0.05m€0.8m€0.8m€2.7m▲ 218%
Participating interests280---€0.05m€0.05m€0.8m€0.8m€2.7m▲ 218%
Other financial fixed assets284/8---€0.002m€0.002m€0.002m€0.002m--
Amounts receivable and cash guarantees285/8---€0.002m€0.002m€0.002m€0.002m--
Current assets29/58€7.4m€9.3m€12.8m€15.4m€20.9m€20.9m€22.2m€21.9m▼ 1.3%
Amounts receivable within one year40/41€6.5m€8.8m€12.4m€14.2m€20.0m€19.9m€20.2m€19.3m▼ 4.3%
Trade receivables40---€6.4m€7.5m€10.6m€11.7m€14.6m▲ 25.5%
Other amounts receivable41---€7.8m€12.5m€9.3m€8.5m€4.6m▼ 45.2%
Cash at bank and in hand54/58€0.5m€0.1m€0.08m€0.2m€0.2m€0.3m€0.4m€0.06m▼ 82.6%
Deferred charges and accrued income490/1---€1.0m€0.7m€0.7m€1.7m€2.6m▲ 49.8%
Equity and liabilities
Total equity and liabilities10/49€8.3m€10.2m€13.5m€16.5m€22.1m€22.8m€27.1m€30.5m▲ 12.5%
Equity10/15€4.3m€6.3m€8.0m€10.4m€12.5m€12.8m€15.2m€16.0m▲ 5.4%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€4.3m€6.2m€7.9m€10.4m€12.5m€12.7m€15.1m€16.0m▲ 5.5%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132---€1.6m€2.0m€1.8m€1.2m€1.1m▼ 12.3%
Distributable reserves133---€8.7m€10.4m€10.9m€13.9m€14.9m▲ 7.0%
Profit (loss) carried forward14€0.002m€66€0.001m€0.001m€0.003m€0.005m€0.004m€0.001m▼ 81.0%
Provisions and deferred taxes16--€0.001m--€192€192€0.004m▲ 1,976%
Provisions for liabilities and charges160/5-----€192€192€0.004m▲ 1,976%
Pensions and similar obligations160-----€192€192€0.004m▲ 1,976%
Amounts payable17/49€4.0m€3.9m€5.5m€6.1m€9.5m€10.0m€11.9m€14.5m▲ 21.6%
Amounts payable after more than one year17---€0.09m€0.1m€0.1m€0.2m€0.5m▲ 146%
Financial debts170/4---€0.09m€0.1m€0.1m€0.2m€0.5m▲ 146%
Leasing and similar obligations172---€0.09m€0.1m€0.1m€0.2m€0.5m▲ 146%
Amounts payable within one year42/48€4.0m€3.9m€5.5m€6.0m€8.9m€9.2m€11.4m€12.2m▲ 6.3%
Current portion of amounts payable after more than one year42---€0.07m€0.1m€0.1m€0.2m€0.2m▲ 35.8%
Trade debts44€2.2m€2.6m€4.4m€4.7m€7.5m€8.0m€9.9m€10.3m▲ 3.9%
Suppliers440/4---€4.7m€7.5m€8.0m€9.9m€10.3m▲ 3.9%
Advances received on contracts in progress46---€4--€0.02m--
Taxes, remuneration and social security45---€1.0m€1.2m€0.9m€1.2m€1.5m▲ 25.8%
Taxes450/3---€0.5m€0.3m€0.2m€0.4m€0.6m▲ 44.2%
Remuneration and social security454/9---€0.6m€0.9m€0.8m€0.8m€0.9m▲ 15.7%
Other amounts payable47/48---€0.1m€0.1m€0.05m€0.07m€0.05m▼ 25.5%
Accrued charges and deferred income492/3---€0.01m€0.5m€0.8m€0.3m€1.8m▲ 552%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2.1m€2.0m€1.8m€2.6m€2.2m€1.3m€3.5m€1.8m▼ 47.7%
+ Depreciation and write-downs630€0.5m€0.6m€0.5m€0.5m€0.7m€0.7m€1.3m€2.6m▲ 95.7%
Operating cash flow (approximation)€2.7m€2.6m€2.3m€3.1m€2.8m€2.0m€4.8m€4.4m▼ 8.6%
Investment in fixed assets (approximation)--€0.5m-€0.3m-€1.0m-€0.7m-€1.5m-€4.3m-€6.2m▼ 44.7%
Change in cash--€0.4m-€0.02m€0.2m-€0.05m€0.1m€0.05m-€0.3m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €4,175 awarded · €4,175 paid
Year Entries AwardedPaid
2024 1 €2,641€2,641
2023 1 €1,534€1,534
Schemes
2 entries · €4,175 · €4,175 paid · Departement Werk en Sociale Economie

Public contracts

1 award · 2022
DMP2100723 - Marché de services : Prestations de consultance en régie spécialisée dans l’assistance à la gestion de l’infrastructure "matériel et logiciel" pour la Direction Infrastructure et la Direction IT Pédagogique (DSI): CONSULTANCE REGULIERE
buyer: Office Wallon de la formation professionnelle et de l'emploiIT servicesawarded 03-01-2022€11.1m1 tenderTED 16134-2022

The notices from February 2026 to September 2026 are still being read.

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.