Auxo-Services
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 12 filings
Turnover
≈ €290,000
Estimated: probably between €240,000 and €380,000
Total assets
€1.1m▲ 13.6%
2024 · €958,998
Net result
€126,118▼ 5.7%
2024 · €133,724
Working capital
€1.1m▲ 13.0%
2024 · €935,953
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€178,219
▼ 0.6%
2025
20192025
Net result
€126,118
▼ 5.7%
2025
middle half of the sector
20192025
Equity
€1.1m
▲ 13.4%
2025
middle half of the sector
20192025
Total assets
€1.1m
▲ 13.6%
2025
middle half of the sector
20192025
Debt
€21,137
▲ 25.9%
2025
20192025
Working capital
€1.1m
▲ 13.0%
2025
highest quarter of the sector
20192025
Solvency
98.1%
▼ 0.2pp
2025
highest quarter of the sector
20192025
Current ratio
51.02
▼ 5.73
2025
highest quarter of the sector
20192025
Return on assets (ROA)
11.6%
▼ 2.4pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.2m▲ 11.2%€0.2m▲ 6.6%€0.2m▼ 3.8%€0.2m▼ 2.8%€0.2m▼ 10.8%€0.2m▼ 0.6%
Net result€0.1m-€0.1mabove the sector's middle half▲ 11.4%€0.1mabove the sector's middle half▲ 14.1%€0.1mwithin the sector's middle half▼ 2.8%€0.1mwithin the sector's middle half▼ 2.6%€0.1mwithin the sector's middle half▼ 2.7%€0.1mwithin the sector's middle half▼ 5.7%
Equity€0.3m-€0.4mwithin the sector's middle half▲ 49.2%€0.5mwithin the sector's middle half▲ 37.7%€0.7mwithin the sector's middle half▲ 26.6%€0.8mwithin the sector's middle half▲ 20.5%€0.9mwithin the sector's middle half▲ 16.5%€1.1mwithin the sector's middle half▲ 13.4%
Total assets€0.3m-€0.4mwithin the sector's middle half▲ 48.8%€0.5mwithin the sector's middle half▲ 34.3%€0.7mwithin the sector's middle half▲ 25.4%€0.9mwithin the sector's middle half▲ 29.2%€1.0mwithin the sector's middle half▲ 7.6%€1.1mwithin the sector's middle half▲ 13.6%
Debt€0.02m-€0.02m▲ 42.8%€0.02m▼ 18.2%€0.02m▼ 6.8%€0.08m▲ 346%€0.02m▼ 79.7%€0.02m▲ 25.9%
Working capital€0.3m-€0.4mabove the sector's middle half▲ 46.4%€0.5mabove the sector's middle half▲ 38.6%€0.7mabove the sector's middle half▲ 28.4%€0.8mabove the sector's middle half▲ 19.2%€0.9mabove the sector's middle half▲ 17.0%€1.1mabove the sector's middle half▲ 13.0%
Solvency93.8%-94.1%above the sector's middle half▲ 0.3pp96.4%above the sector's middle half▲ 2.3pp97.3%above the sector's middle half▲ 0.9pp90.7%above the sector's middle half▼ 6.6pp98.2%above the sector's middle half▲ 7.5pp98.1%above the sector's middle half▼ 0.2pp
Current ratio16.48-16.77above the sector's middle half▲ 0.2927.32above the sector's middle half▲ 10.5441.33above the sector's middle half▲ 14.0210.69above the sector's middle half▼ 30.6456.75above the sector's middle half▲ 46.0651.02above the sector's middle half▼ 5.73
Return on assets (ROA)41.5%-31.0%above the sector's middle half▼ 10.4pp26.4%above the sector's middle half▼ 4.7pp20.4%above the sector's middle half▼ 5.9pp15.4%above the sector's middle half▼ 5.0pp13.9%within the sector's middle half▼ 1.5pp11.6%within the sector's middle half▼ 2.4pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 1% lower than in 2024 and the lowest since 2021. It is the fourth fall in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€11,019 ▲ 76.1%
Current assets
€1.1m ▲ 13.2%
Equity and liabilities €1.1m
Equity
€1.1m ▲ 13.4%
Debt
€21,137 ▲ 25.9%
Debt's share of the balance-sheet total rises from 1.8% to 1.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€182,053▲
2024 · €181,477
Cash flow
€129,953▼
2024 · €135,940
Debt to equity
0.02▲
2024 · 0.02
ROE
11.8%▼
2024 · 14.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€21,137▲
2024 · €16,788
Income taxes
€66,103▲
2024 · €63,319
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,162 | €1,262 | €7,805 | - | €8,597 |
| Depreciation and write-downs of the year | €2,030 | €800 | €1,284 | €2,216 | €3,835 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,372 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €283 | €434 | €2,030 | €800 | €1,284 | €2,216 | €3,835 | ▲ 73.1% |
| Other operating charges640/8 | - | - | €410 | €410 | €446 | €449 | €1,060 | ▲ 136% |
| Gross operating margin9900 | €182,005 | €202,393 | €217,363 | €208,031 | €202,685 | €181,926 | €183,114 | ▲ 0.7% |
| Operating profit (loss)9901 | €181,250 | €201,549 | €214,923 | €206,821 | €200,954 | €179,261 | €178,219 | ▼ 0.6% |
| Financial income75/76B | - | - | - | - | €6,269 | €18,713 | €14,880 | ▼ 20.5% |
| Recurring financial income75 | - | - | - | - | €6,269 | €18,713 | €14,880 | ▼ 20.5% |
| Financial charges65/66B | - | - | €471 | €912 | €666 | €931 | €878 | ▼ 5.7% |
| Recurring financial charges65 | €485 | €459 | €471 | €912 | €666 | €931 | €878 | ▼ 5.7% |
| Profit (loss) for the period before taxes9903 | €180,765 | €201,091 | €214,452 | €205,910 | €206,557 | €197,043 | €192,221 | ▼ 2.4% |
| Income taxes67/77 | €66,699 | €74,039 | €69,423 | €64,898 | €69,146 | €63,319 | €66,103 | ▲ 4.4% |
| Profit (loss) for the period9904 | €114,065 | €127,052 | €145,029 | €141,012 | €137,411 | €133,724 | €126,118 | ▼ 5.7% |
| Profit (loss) for the period to be appropriated9905 | €114,065 | €127,052 | €145,029 | €141,012 | €137,411 | €133,724 | €126,118 | ▼ 5.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.3m | €0.4m | €0.5m | €0.7m | €0.9m | €1.0m | €1.1m | ▲ 13.6% |
| Fixed assets21/28 | €0.001m | €0.008m | €0.008m | €0.002m | €0.008m | €0.006m | €0.01m | ▲ 76.1% |
| Tangible fixed assets22/27 | €0.001m | €0.008m | €0.008m | €0.002m | €0.008m | €0.006m | €0.01m | ▲ 76.1% |
| Plant, machinery and equipment23 | - | - | €0.001m | €0.001m | €481 | €228 | €0.001m | ▲ 223% |
| Furniture and vehicles24 | - | - | €0.007m | €0.001m | €0.008m | €0.006m | €0.01m | ▲ 70.5% |
| Current assets29/58 | €0.3m | €0.4m | €0.5m | €0.7m | €0.9m | €1.0m | €1.1m | ▲ 13.2% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.02m | ▼ 47.6% |
| Trade receivables40 | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 34.1% |
| Other amounts receivable41 | - | - | - | €102 | €0.001m | €0.008m | €24 | ▼ 99.7% |
| Current investments50/53 | - | - | - | - | - | €0.7m | €0.9m | ▲ 21.4% |
| Cash at bank and in hand54/58 | €0.2m | €0.4m | €0.5m | €0.7m | €0.9m | €0.2m | €0.2m | ▼ 2.4% |
| Deferred charges and accrued income490/1 | - | - | €439 | €0.002m | €0.002m | €0.002m | €0.001m | ▼ 61.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €0.5m | €0.7m | €0.9m | €1.0m | €1.1m | ▲ 13.6% |
| Equity10/15 | €0.3m | €0.4m | €0.5m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 13.4% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.5m | €0.6m | €0.8m | €0.9m | €1.0m | ▲ 14.0% |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | €0.5m | €0.6m | €0.8m | €0.9m | €1.0m | ▲ 14.0% |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Amounts payable17/49 | €0.02m | €0.02m | €0.02m | €0.02m | €0.08m | €0.02m | €0.02m | ▲ 25.9% |
| Amounts payable within one year42/48 | €0.02m | €0.02m | €0.02m | €0.02m | €0.08m | €0.02m | €0.02m | ▲ 25.9% |
| Trade debts44 | €0.003m | €0.003m | €0.002m | €0.003m | €0.004m | €0.003m | €0.002m | ▼ 14.1% |
| Suppliers440/4 | - | - | €0.002m | €0.003m | €0.004m | €0.003m | €0.002m | ▼ 14.1% |
| Taxes, remuneration and social security45 | - | - | €0.007m | €0.002m | €0.07m | €0.002m | €0.007m | ▲ 166% |
| Taxes450/3 | - | - | €0.007m | €0.002m | €0.07m | €0.002m | €0.007m | ▲ 166% |
| Other amounts payable47/48 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 5.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €114,065 | €127,052 | €145,029 | €141,012 | €137,411 | €133,724 | €126,118 | ▼ 5.7% |
| + Depreciation and write-downs630 | €283 | €434 | €2,030 | €800 | €1,284 | €2,216 | €3,835 | ▲ 73.1% |
| Operating cash flow (approximation) | €114,349 | €127,486 | €147,059 | €141,812 | €138,695 | €135,940 | €129,953 | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | -€8,050 | -€1,162 | €4,867 | -€7,805 | €0 | -€8,597 | - |
| Change in cash | - | €129,196 | €140,019 | €142,039 | €195,498 | -€639,792 | -€5,082 | ▲ 99.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as Auxo-Services has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.5%
was still going
3.1%
stopped otherwise
0.3%
went bankrupt
That fits the bankruptcy probability of Auxo-Services itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,811 companies, not a prediction for Auxo-Services. 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00096337 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00083269 | |
| 30-09-2023 | abbreviated format | 02-05-2024 | 2024-00078851 | |
| 30-09-2022 | abbreviated format | 31-05-2023 | 2023-00101402 | |
| 30-09-2021 | abbreviated format | 30-06-2022 | 2022-20131969 | |
| 30-09-2020 | abbreviated format | 17-05-2021 | 2021-14300208 | |
| 30-09-2019 | abbreviated format | 26-06-2020 | 2020-21300343 | |
| 30-09-2018 | abbreviated format | 06-05-2019 | 2019-12300338 | |
| 30-09-2017 | abbreviated format | 02-05-2018 | 2018-11800535 | |
| 30-09-2016 | abbreviated format | 03-05-2017 | 2017-11300036 |