AXANDRA
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-07-2022, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
6 d early
2020
90 d late
2019
123 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 69 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.0m
2020 · -€33,628
Working capital
€2.4m▲ 375%
2020 · €508,898
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€4,166--€6,996▼ 67.9%-€35,446▼ 407%-€10,088▲ 71.5%
Net result-€4,571--€4,906▼ 7.3%-€33,628▼ 585%€2.0m
Equity€545,837-€540,932▼ 0.9%€507,303▼ 6.2%€2.4m▲ 375%
Total assets€615,347-€610,127▼ 0.8%€520,866▼ 14.6%€2.4m▲ 368%
Debt€69,510-€69,195▼ 0.5%€13,563▼ 80.4%€18,662▲ 37.6%
Working capital€31,337-€26,431▼ 15.7%€508,898▲ 1,825%€2.4m▲ 375%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,088 in 2021 against €35,446 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €2.4m
Equity
€2.4m ▲ 375%
Provisions
€5,000
Debt
€18,662 ▲ 37.6%
Debt's share of the balance-sheet total falls from 2.6% to 0.8%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.01
ROE
81.0%▲
2020 · -6.6%
ROA
80.2%▲
2020 · -6.5%
Debt ≤ 1 year
€17,068▲
2020 · €11,969
Income taxes
€10,547▲
2020 · €50
A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity €2.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €546 | - |
| Non-recurring operating charges66A | - | - | - | €0 | - |
| Gross operating margin9900 | -€3,406 | -€6,056 | -€34,090 | -€9,542 | ▲ 72.0% |
| Operating profit (loss)9901 | -€4,166 | -€6,996 | -€35,446 | -€10,088 | ▲ 71.5% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | - | €26,075 | €21,068 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | -€2.0m | - |
| Recurring financial charges65 | €405 | €222 | €19,201 | -€2.0m | ▼ 10,377% |
| Profit (loss) for the period before taxes9903 | -€4,571 | -€4,906 | -€33,579 | €2.0m | ▲ 5,947% |
| Income taxes67/77 | - | - | €50 | €10,547 | ▲ 21,195% |
| Profit (loss) for the period9904 | -€4,571 | -€4,906 | -€33,628 | €2.0m | ▲ 5,907% |
| Profit (loss) for the period to be appropriated9905 | -€4,571 | -€4,906 | -€33,628 | €2.0m | ▲ 5,907% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €615,347 | €610,127 | €520,866 | €2.4m | ▲ 368% |
| Fixed assets21/28 | €516,004 | €516,004 | €0 | - | - |
| Financial fixed assets28 | €516,004 | €516,004 | €0 | - | - |
| Current assets29/58 | €99,343 | €94,123 | €520,866 | €2.4m | ▲ 368% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - |
| Trade receivables290 | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €97,496 | €91,198 | €360,119 | €2.1m | ▲ 492% |
| Other amounts receivable41 | - | - | - | €2.1m | - |
| Current investments50/53 | €2 | €2 | €48,312 | €2 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €933 | €0 | €324 | €134 | ▼ 58.8% |
| Deferred charges and accrued income490/1 | - | - | - | €305,006 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €615,347 | €610,127 | €520,866 | €2.4m | ▲ 368% |
| Equity10/15 | €545,837 | €540,932 | €507,303 | €2.4m | ▲ 375% |
| Contributions10/11 | €86,714 | €86,714 | €86,714 | €86,714 | = |
| Capital10 | - | - | - | €86,714 | - |
| Issued capital100 | - | - | - | €86,714 | - |
| Reserves13 | €60,000 | €60,000 | €108,310 | €60,000 | ▼ 44.6% |
| Non-distributable reserves130/1 | - | - | - | €60,000 | - |
| Legal reserve130 | - | - | - | €60,000 | - |
| Own shares acquired1312 | - | - | - | €0 | - |
| Profit (loss) carried forward14 | €399,123 | €394,218 | €312,279 | €2.3m | ▲ 625% |
| Provisions and deferred taxes16 | - | - | - | €5,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | €5,000 | - |
| Environmental obligations163 | - | - | - | €5,000 | - |
| Amounts payable17/49 | €69,510 | €69,195 | €13,563 | €18,662 | ▲ 37.6% |
| Amounts payable within one year42/48 | €68,006 | €67,692 | €11,969 | €17,068 | ▲ 42.6% |
| Trade debts44 | €8,239 | €7,768 | €9,989 | €4,540 | ▼ 54.5% |
| Suppliers440/4 | - | - | - | €4,540 | - |
| Taxes, remuneration and social security45 | - | - | - | €10,547 | - |
| Taxes450/3 | - | - | - | €10,547 | - |
| Other amounts payable47/48 | - | - | - | €1,980 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,594 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,571 | -€4,906 | -€33,628 | €2.0m | ▲ 5,907% |
| Operating cash flow (approximation) | -€4,571 | -€4,906 | -€33,628 | €2.0m | ▲ 5,907% |
| Investment in fixed assets (approximation) | - | €0 | €516,004 | - | - |
| Change in cash | - | -€933 | €324 | -€190 | ▼ 159% |
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
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €2.0m
Net result €2.0m after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 142.69
Current ratio from 43.52 to 142.69.
31-12
Financial
Equity above €2mEq €2.4m ▲375%
Equity rises from €507,303 to €2.4m.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet -€33,628
Net result drops to -€33,628, the lowest in the series.
31-12
Financial
Liquidity times 31current ratio 43.52
Current ratio from 1.39 to 43.52; short-term debt falls from €67,692 to €11,969.
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 123 days late
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 98 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 220 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Show earlier events
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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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Structure & network
Owners and holdings
5 owners · 1 holdingChain of control
- VALAURET PARTICIPATIONS
- AXANDRA
Highest known parent: VALAURET PARTICIPATIONS. The sources do not say who stands above it.
Owners 5
-
50.2%
- Sourceaccounts NATALMA 202120.19%
- Sourceaccounts SBI 202120.19%
-
10%
-
10%
Holdings 1
-
9.84%
According to the 2021 annual accounts of AXANDRA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.