AXAM
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 30 October 2025
- Official Gazette
- 05-11-2025 (pdf) ↗search the document for 2025/145521
Deadlines
- Provisional date payments stopped
- 30 October 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 30 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Bert VandenreytPaalsesteenweg 131, 3583 05 Beringen-Paalbert.vandenreyt@advocom.be
- Ann NoePaal- Sesteenweg 131, 3583 05 Beringen-Paalann.noe@advocom.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€15,208
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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
2024
78 d late
2023
31 d late
2022
99 d late
2021
60 d late
2020
39 d early
2019
58 d late
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Plumbing work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€15,208
2023 · €6,559
Total assets
€7,618▼ 81.4%
2023 · €40,984
Net result
-€21,767▼ 1,384%
2023 · -€1,467
Working capital
-€20,109▼ 4,800%
2023 · -€410
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,435▼ 56.0%€15,659▲ 85.6%€15,217▼ 2.8%€10,547▼ 30.7%-€16,482
Net result€1,225within the sector's middle half▼ 88.6%€9,839within the sector's middle half▲ 703%€218below the sector's middle half▼ 97.8%-€1,467below the sector's middle half-€21,767below the sector's middle half▼ 1,384%
Equity-€2,031below the sector's middle half▲ 37.6%€7,809below the sector's middle half€8,026below the sector's middle half▲ 2.8%€6,559below the sector's middle half▼ 18.3%-€15,208below the sector's middle half
Total assets€53,920below the sector's middle half▲ 64.8%€85,808within the sector's middle half▲ 59.1%€107,019within the sector's middle half▲ 24.7%€40,984below the sector's middle half▼ 61.7%€7,618below the sector's middle half▼ 81.4%
Debt€55,951▲ 55.5%€77,999▲ 39.4%€98,993▲ 26.9%€34,425▼ 65.2%€22,826▼ 33.7%
Working capital€4,845within the sector's middle half€9,612within the sector's middle half▲ 98.4%€6,843within the sector's middle half▼ 28.8%-€410below the sector's middle half-€20,109below the sector's middle half▼ 4,800%
Solvency-3.8%below the sector's middle half▲ 6.2pp9.1%below the sector's middle half▲ 12.9pp7.5%below the sector's middle half▼ 1.6pp16.0%below the sector's middle half▲ 8.5pp-199.6%below the sector's middle half▼ 215.6pp
Current ratio1.14within the sector's middle half▲ 0.291.15within the sector's middle half▲ 0.021.08below the sector's middle half▼ 0.080.99below the sector's middle half▼ 0.090.12below the sector's middle half▼ 0.87
Return on assets (ROA)2.3%within the sector's middle half▼ 30.6pp11.5%within the sector's middle half▲ 9.2pp0.2%below the sector's middle half▼ 11.3pp-3.6%below the sector's middle half▼ 3.8pp-285.7%below the sector's middle half▼ 282.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16,482 after €10,547 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7,618
Fixed assets
€4,901 ▼ 29.7%
Current assets
€2,717 ▼ 92.0%
Equity and liabilities
Equity-€15,208
Debt€22,826
Equity is negative: debt (€22,826) exceeds the balance-sheet total (€7,618).
Key figures and ratios
EBITDA
-€14,413▼
2023 · €13,934
Cash flow
-€19,698▼
2023 · €1,920
Interest coverage
-6.29▼
2023 · 1.40
Debt ≤ 1 year
€22,826▼
2023 · €34,425
Income taxes
€3,091▲
2023 · €2,848
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,458 | €5,357 | €4,804 | €3,387 | €2,069 | ▼ 38.9% |
| Other operating charges640/8 | - | €763 | €2,866 | €3,361 | €90 | ▼ 97.3% |
| Gross operating margin9900 | €15,756 | €21,779 | €22,888 | €17,296 | -€14,323 | ▼ 183% |
| Operating profit (loss)9901 | €8,435 | €15,659 | €15,217 | €10,547 | -€16,482 | ▼ 256% |
| Financial income75/76B | - | €10 | €5 | €760 | €97 | ▼ 87.3% |
| Recurring financial income75 | €1,482 | €10 | €5 | €760 | €97 | ▼ 87.3% |
| Financial charges65/66B | - | €5,829 | €8,273 | €9,927 | €2,292 | ▼ 76.9% |
| Recurring financial charges65 | €4,814 | €5,829 | €8,273 | €9,927 | €2,292 | ▼ 76.9% |
| Profit (loss) for the period before taxes9903 | €5,103 | €9,839 | €6,949 | €1,381 | -€18,677 | ▼ 1,452% |
| Income taxes67/77 | €3,878 | - | €6,731 | €2,848 | €3,091 | ▲ 8.5% |
| Profit (loss) for the period9904 | €1,225 | €9,839 | €218 | -€1,467 | -€21,767 | ▼ 1,384% |
| Profit (loss) for the period to be appropriated9905 | €1,225 | €9,839 | €218 | -€1,467 | -€21,767 | ▼ 1,384% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,920 | €85,808 | €107,019 | €40,984 | €7,618 | ▼ 81.4% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | €13,844 | €13,796 | €11,280 | €6,970 | €4,901 | ▼ 29.7% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €13,844 | €13,796 | €11,280 | €6,970 | €4,901 | ▼ 29.7% |
| Plant, machinery and equipment23 | - | €3,516 | €1,204 | €0 | - | - |
| Furniture and vehicles24 | - | €10,280 | €10,076 | €6,970 | €4,901 | ▼ 29.7% |
| Current assets29/58 | €40,076 | €72,012 | €95,739 | €34,015 | €2,717 | ▼ 92.0% |
| Stocks and contracts in progress3 | €10,204 | €7,500 | - | - | - | - |
| Stocks30/36 | - | €7,500 | - | - | - | - |
| Amounts receivable within one year40/41 | €29,288 | €64,505 | €95,730 | €32,063 | €2,491 | ▼ 92.2% |
| Trade receivables40 | - | €28,368 | €24,761 | €10,889 | €562 | ▼ 94.8% |
| Other amounts receivable41 | - | €36,136 | €70,969 | €21,174 | €1,929 | ▼ 90.9% |
| Cash at bank and in hand54/58 | €89 | €7 | €9 | €1,952 | €226 | ▼ 88.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,920 | €85,808 | €107,019 | €40,984 | €7,618 | ▼ 81.4% |
| Equity10/15 | -€2,031 | €7,809 | €8,026 | €6,559 | -€15,208 | ▼ 332% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€8,231 | €1,609 | €1,826 | €359 | -€21,408 | ▼ 6,061% |
| Amounts payable17/49 | €55,951 | €77,999 | €98,993 | €34,425 | €22,826 | ▼ 33.7% |
| Amounts payable after more than one year17 | €20,720 | €15,599 | €10,097 | - | - | - |
| Financial debts170/4 | - | €15,599 | €10,097 | - | - | - |
| Amounts payable within one year42/48 | €35,231 | €62,400 | €88,896 | €34,425 | €22,826 | ▼ 33.7% |
| Current portion of amounts payable after more than one year42 | - | €5,121 | €5,502 | - | - | - |
| Financial debts43 | - | €13,093 | €29,285 | - | - | - |
| Credit institutions430/8 | - | €13,093 | €29,285 | - | - | - |
| Trade debts44 | €17,577 | €44,186 | €51,018 | €30,611 | €20,528 | ▼ 32.9% |
| Suppliers440/4 | - | €44,186 | €51,018 | €30,611 | €20,528 | ▼ 32.9% |
| Taxes, remuneration and social security45 | - | - | €3,091 | €3,814 | €2,298 | ▼ 39.7% |
| Taxes450/3 | - | - | €3,091 | €3,814 | €2,298 | ▼ 39.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,225 | €9,839 | €218 | -€1,467 | -€21,767 | ▼ 1,384% |
| + Depreciation and write-downs630 | €3,458 | €5,357 | €4,804 | €3,387 | €2,069 | ▼ 38.9% |
| Operating cash flow (approximation) | €4,683 | €15,196 | €5,022 | €1,920 | -€19,698 | ▼ 1,126% |
| Investment in fixed assets (approximation) | - | -€5,309 | -€2,288 | €924 | €0 | ▼ 100% |
| Change in cash | - | -€83 | €2 | €1,943 | -€1,726 | ▼ 189% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-10-2025
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
2024
31-12
Financial
Weakest financial yearnet -€21,767
Net result drops to -€21,767, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 58 days late
2019
31-12
Financial
Highest result since 2018net €10,743 ▲5,754%
Operating result €19,173, net result €10,743, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2014
Ground area
547 m²
Building footprint
263 m²
Volume, LiDAR
1,282 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AXAM
since 20142.237.536.018
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71061B0103/00R002 | Flanders | 318 m² | 1 · 164 m² | 9.3 m · 1 fl. |
| 71053G0205/00E060 | Flanders | 229 m² | 1 · 99 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | BERT VANDENREYT Paalsesteenweg 131, 3583 05 Beringen-Paal |
30-10-2025 → present |
| Curator | ANN NOE Paal- Sesteenweg 131, 3583 05 Beringen-Paal |
30-10-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,038 companies in this sector we hold annual accounts for 3,481. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
axam@telenet.beSint-Truiden
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505997629
Registered
05-10-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.