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Astrix

Active
Public limited companyfounded 1987active for 38 yearsVredestraat 49, 8790 Waregem, Belgium15 active companies are registered at this addressKBO/BCE: BE 0432.308.313
Summary

Astrix has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,936 and a net result of -€160,649. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 40% of 827 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€160,649
2024 · €4,933
Working capital
€439,598▼ 19.8%
2024 · €548,316
Trend over the years

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

The operating result turns negative in 2025: a loss of €163,027 after €9,936 in 2024, the lowest result in the available series.

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

Operating result-€0.2m 2025 Net result-€0.2m 2025

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

Sector: the middle half of NACE 73, Advertising, market research and public relations 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
Operating result€0.1m-€0.01m▼ 89.2%-€0.05m€0.04m€0.08m▲ 82.6%-€0.1m€0.01m-€0.2m
Net result€0.07m-€0.007m▼ 89.3%-€0.07mbelow the sector's middle half€0.02mwithin the sector's middle half€0.06mwithin the sector's middle half▲ 171%-€0.1mbelow the sector's middle half€0.005mwithin the sector's middle half-€0.2mbelow the sector's middle half
Equity€0.6m-€0.6m▲ 1.3%€0.5mwithin the sector's middle half▼ 12.5%€0.5mwithin the sector's middle half▲ 4.4%€0.6mwithin the sector's middle half▲ 11.5%€0.4mwithin the sector's middle half▼ 25.0%€0.4mwithin the sector's middle half▲ 1.1%€0.3mwithin the sector's middle half▼ 36.5%
Total assets€1.0m-€1.3m▲ 31.0%€1.2mwithin the sector's middle half▼ 6.1%€1.3mwithin the sector's middle half▲ 5.5%€1.3mwithin the sector's middle half▲ 1.1%€1.1mwithin the sector's middle half▼ 20.0%€1.0mwithin the sector's middle half▼ 8.1%€0.9mwithin the sector's middle half▼ 11.8%
Debt€0.4m-€0.7m▲ 68.9%€0.7m▼ 1.2%€0.8m▲ 6.3%€0.7m▼ 5.9%€0.6m▼ 16.2%€0.5m▼ 14.6%€0.6m▲ 8.9%
Working capital€0.2m-€0.8m▲ 243%€0.8mabove the sector's middle half▲ 0.7%€0.8mabove the sector's middle half▲ 10.3%€0.8mabove the sector's middle half▼ 3.2%€0.6mabove the sector's middle half▼ 20.5%€0.5mabove the sector's middle half▼ 15.2%€0.4mwithin the sector's middle half▼ 19.8%
Solvency56.0%-43.3%▼ 12.7pp40.3%within the sector's middle half▼ 3.0pp39.9%within the sector's middle half▼ 0.4pp44.0%within the sector's middle half▲ 4.1pp41.3%within the sector's middle half▼ 2.7pp45.5%within the sector's middle half▲ 4.2pp32.7%within the sector's middle half▼ 12.8pp
Current ratio1.50-4.09▲ 2.594.23above the sector's middle half▲ 0.144.06above the sector's middle half▼ 0.173.79above the sector's middle half▼ 0.283.70above the sector's middle half▼ 0.093.04within the sector's middle half▼ 0.662.39within the sector's middle half▼ 0.65
Return on assets (ROA)6.7%-0.5%▼ 6.1pp-5.8%below the sector's middle half▼ 6.3pp1.7%within the sector's middle half▲ 7.5pp4.5%within the sector's middle half▲ 2.9pp-13.7%below the sector's middle half▼ 18.3pp0.5%within the sector's middle half▲ 14.3pp-18.8%below the sector's middle half▼ 19.4pp
Staff (FTE)11.5-13.3▲ 15.7%14.4above the sector's middle half▲ 8.3%13.3above the sector's middle half▼ 7.6%13.3above the sector's middle half=7.7within the sector's middle half▼ 42.1%6.4within the sector's middle half▼ 16.9%5.4within the sector's middle half▼ 15.6%
above within below the middle half of NACE 73, Advertising, market research and public relations 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 €852,272
Fixed assets €97,102 ▼ 34.8%
Current assets €755,169 ▼ 7.6%
Equity and liabilities €852,272
Equity €278,936 ▼ 36.5%
Debt €573,336 ▲ 8.9%
Debt's share of the balance-sheet total rises from 54.5% to 67.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€113,851▼
2024 · €56,849
Cash flow
-€111,473▼
2024 · €51,846
Debt to equity
2.06▲
2024 · 1.20
ROE
-57.6%▼
2024 · 1.1%
Interest coverage
-163.27▼
2024 · 9.22
Debt ≤ 1 year
€315,571▲
2024 · €268,860
Debt > 1 year
€255,365=
2024 · €255,365
Income taxes
€352▼
2024 · €621
Staff costs
€360,368▼
2024 · €450,509
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.5% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,470 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 74.5% 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 5,835 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 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€966,210€852,272▼
Fixed assets21/28€149,034€97,102▼
Intangible fixed assets21€42,837€24,876▼
Tangible fixed assets22/27€106,197€72,226▼
Plant, machinery and equipment23€1,783€1,401▼
Furniture and vehicles24€75,838€49,263▼
Other tangible fixed assets26€28,577€21,562▼
Current assets29/58€817,175€755,169▼
Amounts receivable within one year40/41€380,920€241,194▼
Trade receivables40€376,108€239,563▼
Other amounts receivable41€4,812€1,632▼
Cash at bank and in hand54/58€168,421€272,102▲
Deferred charges and accrued income490/1€267,835€241,873▼
Equity and liabilities
Total equity and liabilities10/49€966,210€852,272▼
Equity10/15€439,585€278,936▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€377,585€216,936▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€56,250€56,250=
Distributable reserves133€315,135€154,486▼
Amounts payable17/49€526,625€573,336▲
Amounts payable after more than one year17€255,365€255,365=
Financial debts170/4€247,865€247,865=
Other amounts payable178/9€7,500€7,500=
Amounts payable within one year42/48€268,860€315,571▲
Current portion of amounts payable after more than one year42€32,957€0▼
Trade debts44€136,599€175,296▲
Suppliers440/4€136,599€175,296▲
Taxes, remuneration and social security45€72,017€62,102▼
Taxes450/3€18,163€400▼
Remuneration and social security454/9€53,854€61,702▲
Other amounts payable47/48€27,287€78,173▲
Accrued charges and deferred income492/3€2,400€2,400=
Income statement Code20242025
Non-recurring operating income76A€50,000€0▼
Remuneration, social security and pensions62€450,509€360,368▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,913€49,176▲
Other operating charges640/8€14,815€22,570▲
Non-recurring operating charges66A€75€3,410▲
Gross operating margin9900€522,248€272,496▼
Operating profit (loss)9901€9,936-€163,027▼
Financial income75/76B€1,786€3,427▲
Recurring financial income75€1,786€3,427▲
Financial charges65/66B€6,168€697▼
Recurring financial charges65€6,168€697▼
Profit (loss) for the period before taxes9903€5,554-€160,297▼
Income taxes67/77€621€352▼
Profit (loss) for the period9904€4,933-€160,649▼
Profit (loss) for the period to be appropriated9905€4,933-€160,649▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,933-€160,649▼
Transfer from equity791/2€0€160,649▲
Transfer to equity691/2€4,933€0▼
To other reserves6921€4,933€0▼
Social balance sheet
Average headcount (FTE)90876.45.4▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0--€50,000€0▼ 100%
Remuneration, social security and pensions62---€608,175€513,589€479,115€450,509€360,368▼ 20.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119,321€112,397€98,788€102,005€46,813€48,412€46,913€49,176▲ 4.8%
Provisions for liabilities and charges: additions (uses and reversals)635/8----€165€0---
Other operating charges640/8---€4,047€12,919€14,024€14,815€22,570▲ 52.3%
Non-recurring operating charges66A---€0€3,434€95,042€75€3,410▲ 4,455%
Gross operating margin9900€819,624€827,340€746,860€755,345€651,995€503,138€522,248€272,496▼ 47.8%
Operating profit (loss)9901€101,470€10,976-€53,645€41,118€75,075-€133,455€9,936-€163,027-
Financial income75/76B---€2,571€3,595€3,605€1,786€3,427▲ 91.9%
Recurring financial income75€4,812€5,378€3,387€2,571€3,595€3,605€1,786€3,427▲ 91.9%
Financial charges65/66B---€20,649€7,778€15,111€6,168€697▼ 88.7%
Recurring financial charges65€11,645€6,126€20,332€20,649€7,778€15,111€6,168€697▼ 88.7%
Profit (loss) for the period before taxes9903€94,637€10,228-€70,591€23,040€70,892-€144,961€5,554-€160,297-
Income taxes67/77€27,895€3,095€677€1,000€11,139-€394€621€352▼ 43.3%
Profit (loss) for the period9904€66,742€7,133-€71,267€22,040€59,753-€144,566€4,933-€160,649-
Profit (loss) for the period to be appropriated9905€66,742€7,133-€71,267€22,040€59,753-€144,566€4,933-€160,649-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.3m€1.2m€1.3m€1.3m€1.1m€1.0m€0.9m▼ 11.8%
Fixed assets21/28€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m▼ 34.8%
Intangible fixed assets21€0.2m€0.1m€0.07m€0.05m€0.06m€0.05m€0.04m€0.02m▼ 41.9%
Tangible fixed assets22/27€0.1m€0.2m€0.2m€0.1m€0.1m€0.1m€0.1m€0.07m▼ 32.0%
Plant, machinery and equipment23------€0.002m€0.001m▼ 21.4%
Furniture and vehicles24---€0.09m€0.1m€0.08m€0.08m€0.05m▼ 35.0%
Other tangible fixed assets26---€0.05m€0.04m€0.04m€0.03m€0.02m▼ 24.5%
Financial fixed assets28€460--------
Current assets29/58€0.7m€1.0m€1.0m€1.1m€1.1m€0.9m€0.8m€0.8m▼ 7.6%
Amounts receivable within one year40/41€0.4m€0.5m€0.4m€0.6m€0.4m€0.3m€0.4m€0.2m▼ 36.7%
Trade receivables40---€0.5m€0.4m€0.3m€0.4m€0.2m▼ 36.3%
Other amounts receivable41---€0.02m€0.003m€0.008m€0.005m€0.002m▼ 66.1%
Cash at bank and in hand54/58€0.3m€0.2m€0.2m€0.2m€0.4m€0.3m€0.2m€0.3m▲ 61.6%
Deferred charges and accrued income490/1---€0.3m€0.3m€0.3m€0.3m€0.2m▼ 9.7%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.3m€1.2m€1.3m€1.3m€1.1m€1.0m€0.9m▼ 11.8%
Equity10/15€0.6m€0.6m€0.5m€0.5m€0.6m€0.4m€0.4m€0.3m▼ 36.5%
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€0.5m€0.5m€0.4m€0.5m€0.5m€0.4m€0.4m€0.2m▼ 42.5%
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---€0.06m€0.06m€0.06m€0.06m€0.06m=
Distributable reserves133---€0.4m€0.5m€0.3m€0.3m€0.2m▼ 51.0%
Amounts payable17/49€0.4m€0.7m€0.7m€0.8m€0.7m€0.6m€0.5m€0.6m▲ 8.9%
Amounts payable after more than one year17-€0.5m€0.5m€0.5m€0.4m€0.4m€0.3m€0.3m=
Financial debts170/4---€0.5m€0.4m€0.4m€0.2m€0.2m=
Other amounts payable178/9---€0.008m€0.008m€0.008m€0.008m€0.008m=
Amounts payable within one year42/48€0.4m€0.2m€0.2m€0.3m€0.3m€0.2m€0.3m€0.3m▲ 17.4%
Current portion of amounts payable after more than one year42---€0.08m€0.1m€0.1m€0.03m€0▼ 100%
Trade debts44€0.07m€0.07m€0.04m€0.04m€0.1m€0.03m€0.1m€0.2m▲ 28.3%
Suppliers440/4---€0.04m€0.1m€0.03m€0.1m€0.2m▲ 28.3%
Taxes, remuneration and social security45---€0.1m€0.07m€0.09m€0.07m€0.06m▼ 13.8%
Taxes450/3---€0.06m€0.03m€0.02m€0.02m€400▼ 97.8%
Remuneration and social security454/9---€0.09m€0.05m€0.07m€0.05m€0.06m▲ 14.6%
Other amounts payable47/48------€0.03m€0.08m▲ 186%
Accrued charges and deferred income492/3------€0.002m€0.002m=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€66,742€7,133-€71,267€22,040€59,753-€144,566€4,933-€160,649-
+ Depreciation and write-downs630€119,321€112,397€98,788€102,005€46,813€48,412€46,913€49,176▲ 4.8%
Operating cash flow (approximation)€186,062€119,530€27,520€124,045€106,565-€96,154€51,846-€111,473-
Investment in fixed assets (approximation)--€83,426-€22,435-€53,041-€69,575-€3,949-€30,912€2,756-
Change in cash--€126,839€21,070€18,020€208,959-€139,778-€109,677€103,681-

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

Download as CSV

Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 22-06-2026 2026-00189133
31-12-2024 abbreviated format 05-05-2025 2025-00089173
31-12-2023 abbreviated format 13-06-2024 2024-00139508
31-12-2022 abbreviated format 31-05-2023 2023-00104815
31-12-2021 abbreviated format 21-06-2022 2022-20076749
31-12-2020 abbreviated format 25-06-2021 2021-24600508
31-12-2019 abbreviated format 29-06-2020 2020-22900170
31-12-2018 abbreviated format 11-06-2019 2019-17200262
31-12-2017 abbreviated format 30-05-2018 2018-14700045
31-12-2016 abbreviated format 31-05-2017 2017-13900095

Show all 38 filings

Similar companies · same sector, comparable size

Of the 9,769 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,776. 2,643 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €26,956 awarded · €28,122 paid
Year Entries AwardedPaid
2025 1 €1,540€2,437
2024 1 €7,314€6,417
2023 1 €3,612€4,849
2022 2 €14,490€14,419
Schemes
4 entries · €18,892 · €20,058 paid · Fonds voor Innoveren en Ondernemen
1 entry · €8,064 · €8,064 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.