Result
From profit to loss in 2025, after a profit of €442,985 in 2024.
From profit to loss in 2025, after a profit of €442,985 in 2024.
Between 2022 and 2025, 70% of the full-time equivalents disappeared. Partial demerger to DEFIMEDIA, effective 01-01-2025.
Two of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Branch transferred to DEFIMEDIA. Contribution on 01-01-2025.
Lower net result than 88% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 77% of them on solvency, 43% on liquidity, 26% on profitability and 7% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 929 companies had the same profile as AUDAXIS has now. Each dot stands for 3 companies, two years later.
That fits the bankruptcy probability of AUDAXIS itself: 0.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 929 companies, not a prediction for AUDAXIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.59 (2.36 in 2024), above the usual 1.5. Short-term debt is 21.3% and cash 0% of total assets. 36% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Shares in 2 companies, AUDAXIS MAGHREB and AUDAXIS SARL
Board & ownership| Company | ||||
|---|---|---|---|---|
| AUDAXIS Braine-l'Alleud | €2.6m | -11.4% | 64.0% | 12.9 |
| CUSTY BELGIUM Thuin | €2.2m | -32.9% | 40.1% | 17.4 |
| MONIN Edegem | €4.3m | 7.8% | 67.9% | 10 |
| Visiativ België Aalst | €4.5m | 2.5% | 27.7% | 9.4 |
| OMETA Wommelgem | €2.4m | 10.0% | 52.6% | 18.5 |
| CENIT KEONYS BE SRL Waterloo | €4.0m | 9.1% | 71.9% | 10.2 |
| Solare IT BELUX Wavre | €2.8m | 18.9% | 64.7% | 11 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AUDAXIS: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.3m and €3.4m, founded between 1994 and 2008.
AUDAXIS has existed since 2001. Turnover fell from €6.7m in 2024 to €2.6m in 2025 and staff from 34.8 to 12.9 full-time equivalents. On 1 January 2025 a branch of activity moved to DEFIMEDIA.
Turnover has fallen every year since 2022. Solvency rose in 2025 from 53.0% to 64.0% because of lower debts.
CONTRASTE EUROPE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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