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AxaMi

Active
Private limited companyfounded 2023active for 3 yearsLatemstraat 4, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0802.558.994
Summary

The computed 12-month bankruptcy probability of AxaMi is 11.2% (high). The 2025 annual accounts show negative equity (-€71,990) and a net result of -€78,719. Its solvency ranks better than 22% of 16,833 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (123 days) Filed on 31 August 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00490714.

Equity
-€71,990
2024 · €6,730
Total assets
€800,107▼ 8.3%
2024 · €872,732
Net result
-€78,719
2024 · €5,730
Working capital
-€75,429
2024 · €6,730
Trend over the years

2024 to 2025, 2 financial years

The operating result turns negative in 2025: a loss of €78,644 after €7,195 in 2024.

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

Operating result-€78,644 2025 Net result-€78,719 2025

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

Sector: the middle half of NACE 56, Food and beverage service 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€7,195--€78,644
Net result€5,730within the sector's middle half--€78,719below the sector's middle half
Equity€6,730within the sector's middle half--€71,990below the sector's middle half
Total assets€872,732above the sector's middle half-€800,107above the sector's middle half▼ 8.3%
Debt€866,002-€872,097▲ 0.7%
Working capital€6,730within the sector's middle half--€75,429below the sector's middle half
Solvency0.8%within the sector's middle half--9.0%below the sector's middle half▼ 9.8pp
Current ratio1.42within the sector's middle half-0.32below the sector's middle half▼ 1.10
Return on assets (ROA)0.7%within the sector's middle half--9.8%below the sector's middle half▼ 10.5pp
Staff (FTE)3.8
above within below the middle half of NACE 56, Food and beverage service 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800,107
Fixed assets €765,000 ▼ 10.0%
Current assets €35,107 ▲ 54.4%
Equity and liabilities
Equity-€71,990
Debt€872,097
Equity is negative: debt (€872,097) exceeds the balance-sheet total (€800,107).
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,356
Cash flow
€6,281
Quick ratio
0.21▼
2024 · 0.81
Interest coverage
84.24
Debt ≤ 1 year
€110,536▲
2024 · €16,002
Debt > 1 year
€761,560▼
2024 · €850,000
Staff costs
€175,702▲
2024 · €158,713
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.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

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

For this company itself Checked computes a higher bankruptcy probability: 11.2% 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 497,475 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% 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%

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 1,555 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 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€872,732€800,107▼
Fixed assets21/28€850,000€765,000▼
Intangible fixed assets21€850,000€765,000▼
Current assets29/58€22,732€35,107▲
Stocks and contracts in progress3€9,720€12,155▲
Stocks30/36€9,720€12,155▲
Amounts receivable within one year40/41€10,334€19,471▲
Trade receivables40€9,103€19,471▲
Other amounts receivable41€1,231-
Cash at bank and in hand54/58€2,679€2,235▼
Deferred charges and accrued income490/1-€1,245
Equity and liabilities
Total equity and liabilities10/49€872,732€800,107▼
Equity10/15€6,730-€71,990▼
Contributions10/11€1,000€1,000=
Reserves13€5,730-
Distributable reserves133€5,730-
Profit (loss) carried forward14--€72,990
Amounts payable17/49€866,002€872,097▲
Amounts payable after more than one year17€850,000€761,560▼
Financial debts170/4-€761,560
Other amounts payable178/9€850,000-
Amounts payable within one year42/48€16,002€110,536▲
Financial debts43-€75,000
Credit institutions430/8-€75,000
Trade debts44-€11,272
Suppliers440/4-€11,272
Taxes, remuneration and social security45€16,002€24,264▲
Taxes450/3€6,516€8,146▲
Remuneration and social security454/9€9,487€16,119▲
Income statement Code20242025
Remuneration, social security and pensions62€158,713€175,702▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€85,000
Other operating charges640/8€729-
Gross operating margin9900€166,638€182,058▲
Operating profit (loss)9901€7,195-€78,644▼
Financial charges65/66B€33€75▲
Recurring financial charges65€33€75▲
Profit (loss) for the period before taxes9903€7,162-€78,719▼
Income taxes67/77€1,433-
Profit (loss) for the period9904€5,730-€78,719▼
Profit (loss) for the period to be appropriated9905€5,730-€78,719▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,730-€78,719▼
Transfer from equity791/2-€5,730
Transfer to equity691/2€5,730-
To other reserves6921€5,730-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€158,713€175,702▲ 10.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€85,000-
Other operating charges640/8€729--
Gross operating margin9900€166,638€182,058▲ 9.3%
Operating profit (loss)9901€7,195-€78,644-
Financial charges65/66B€33€75▲ 129%
Recurring financial charges65€33€75▲ 129%
Profit (loss) for the period before taxes9903€7,162-€78,719-
Income taxes67/77€1,433--
Profit (loss) for the period9904€5,730-€78,719-
Profit (loss) for the period to be appropriated9905€5,730-€78,719-
Line20242025Change
Assets
Total assets20/58€872,732€800,107▼ 8.3%
Fixed assets21/28€850,000€765,000▼ 10.0%
Intangible fixed assets21€850,000€765,000▼ 10.0%
Current assets29/58€22,732€35,107▲ 54.4%
Stocks and contracts in progress3€9,720€12,155▲ 25.1%
Stocks30/36€9,720€12,155▲ 25.1%
Amounts receivable within one year40/41€10,334€19,471▲ 88.4%
Trade receivables40€9,103€19,471▲ 114%
Other amounts receivable41€1,231--
Cash at bank and in hand54/58€2,679€2,235▼ 16.5%
Deferred charges and accrued income490/1-€1,245-
Equity and liabilities
Total equity and liabilities10/49€872,732€800,107▼ 8.3%
Equity10/15€6,730-€71,990-
Contributions10/11€1,000€1,000=
Reserves13€5,730--
Distributable reserves133€5,730--
Profit (loss) carried forward14--€72,990-
Amounts payable17/49€866,002€872,097▲ 0.7%
Amounts payable after more than one year17€850,000€761,560▼ 10.4%
Financial debts170/4-€761,560-
Other amounts payable178/9€850,000--
Amounts payable within one year42/48€16,002€110,536▲ 591%
Financial debts43-€75,000-
Credit institutions430/8-€75,000-
Trade debts44-€11,272-
Suppliers440/4-€11,272-
Taxes, remuneration and social security45€16,002€24,264▲ 51.6%
Taxes450/3€6,516€8,146▲ 25.0%
Remuneration and social security454/9€9,487€16,119▲ 69.9%
Line20242025Change
Profit (loss) for the period9904€5,730-€78,719-
+ Depreciation and write-downs630-€85,000-
Operating cash flow (approximation)€5,730€6,281▲ 9.6%
Investment in fixed assets (approximation)-€0-
Change in cash--€443-

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

Filings with the National Bank (2)
Financial year Type Filed Reference
30-09-2025 micro format 31-08-2026 2026-00490714
30-09-2024 micro format 25-07-2025 2025-00308690

Similar companies · same sector and region

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 the 13,717 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 5,024. See the whole sector

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