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AXCELERATE

Active
Private limited companyfounded 2022active for 4 yearsSchuttershof 12, 9051 Gent, BelgiumKBO/BCE: BE 0791.977.482
Summary

AXCELERATE has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,986 and a net result of €41,399. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 9,615 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€8,986▼ 89.8%
2024 · €88,251
Total assets
€117,097▲ 19.8%
2024 · €97,721
Net result
€41,399▼ 4.0%
2024 · €43,133
Working capital
€6,522▼ 92.3%
2024 · €84,747
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 4% below 2024.

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

Operating result€54,926 2025 Net result€41,399 2025

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

Sector: the middle half of NACE 82, Office administrative, office support and other business support 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
Line2022202320242025
Operating result€9,664-€48,985▲ 407%€57,350▲ 17.1%€54,926▼ 4.2%
Net result€6,986within the sector's middle half-€36,132within the sector's middle half▲ 417%€43,133within the sector's middle half▲ 19.4%€41,399within the sector's middle half▼ 4.0%
Equity€8,986below the sector's middle half-€45,118within the sector's middle half▲ 402%€88,251within the sector's middle half▲ 95.6%€8,986below the sector's middle half▼ 89.8%
Total assets€28,135below the sector's middle half-€61,919within the sector's middle half▲ 120%€97,721within the sector's middle half▲ 57.8%€117,097within the sector's middle half▲ 19.8%
Debt€19,149-€16,801▼ 12.3%€9,471▼ 43.6%€108,112▲ 1,042%
Working capital€5,661within the sector's middle half-€42,126within the sector's middle half▲ 644%€84,747within the sector's middle half▲ 101%€6,522within the sector's middle half▼ 92.3%
Solvency31.9%within the sector's middle half-72.9%within the sector's middle half▲ 40.9pp90.3%above the sector's middle half▲ 17.4pp7.7%below the sector's middle half▼ 82.6pp
Current ratio1.30within the sector's middle half-3.52within the sector's middle half▲ 2.229.95above the sector's middle half▲ 6.431.06within the sector's middle half▼ 8.89
Return on assets (ROA)24.8%above the sector's middle half-58.4%above the sector's middle half▲ 33.5pp44.1%above the sector's middle half▼ 14.2pp35.4%above the sector's middle half▼ 8.8pp
above within below the middle half of NACE 82, Office administrative, office support and other business support 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 €117,097
Fixed assets €2,527 ▼ 27.9%
Current assets €114,570 ▲ 21.6%
Equity and liabilities €117,097
Equity €8,986 ▼ 89.8%
Debt €108,112 ▲ 1,042%
Debt's share of the balance-sheet total rises from 9.7% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55,903▼
2024 · €58,517
Cash flow
€42,376▼
2024 · €44,300
Debt to equity
12.03▲
2024 · 0.11
ROE
460.7%▲
2024 · 48.9%
Interest coverage
32.48▼
2024 · 35.99
Debt ≤ 1 year
€108,048▲
2024 · €9,471
Income taxes
€11,806▼
2024 · €12,591
Staff costs
€322
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,473 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% 1.0%
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 2,157 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€97,721€117,097▲
Fixed assets21/28€3,504€2,527▼
Tangible fixed assets22/27€3,504€2,527▼
Furniture and vehicles24€3,504€2,527▼
Current assets29/58€94,218€114,570▲
Amounts receivable within one year40/41€10,430€15,966▲
Trade receivables40€10,430€15,966▲
Cash at bank and in hand54/58€83,788€98,604▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€97,721€117,097▲
Equity10/15€88,251€8,986▼
Contributions10/11€2,000€2,000=
Reserves13€6,986€6,986=
Distributable reserves133€6,986€6,986=
Profit (loss) carried forward14€79,265€0▼
Amounts payable17/49€9,471€108,112▲
Amounts payable within one year42/48€9,471€108,048▲
Trade debts44€2,255€1,160▼
Suppliers440/4€2,255€1,160▼
Taxes, remuneration and social security45€6,466€5,541▼
Taxes450/3€6,466€5,541▼
Remuneration and social security454/9€0-
Other amounts payable47/48€750€101,348▲
Accrued charges and deferred income492/3€0€63▲
Income statement Code20242025
Remuneration, social security and pensions62-€322
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,167€977▼
Other operating charges640/8€221€892▲
Gross operating margin9900€58,737€57,118▼
Operating profit (loss)9901€57,350€54,926▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1,626€1,721▲
Recurring financial charges65€1,626€1,721▲
Profit (loss) for the period before taxes9903€55,724€53,205▼
Income taxes67/77€12,591€11,806▼
Profit (loss) for the period9904€43,133€41,399▼
Profit (loss) for the period to be appropriated9905€43,133€41,399▼
Appropriation of the result
Profit (loss) to be appropriated9906€79,265€120,664▲
Profit (loss) brought forward from the previous period14P€36,132€79,265▲
Profit to be distributed694/7-€120,664
Return on contributions (dividend)694-€120,664

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

Line2022202320242025Change
Remuneration, social security and pensions62---€322-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€509€2,001€1,167€977▼ 16.3%
Other operating charges640/8€76€237€221€892▲ 305%
Gross operating margin9900€10,249€51,223€58,737€57,118▼ 2.8%
Operating profit (loss)9901€9,664€48,985€57,350€54,926▼ 4.2%
Financial income75/76B€0€7€0€0▼ 100%
Recurring financial income75€0€7€0€0▼ 100%
Financial charges65/66B€6€1,825€1,626€1,721▲ 5.9%
Recurring financial charges65€6€1,825€1,626€1,721▲ 5.9%
Profit (loss) for the period before taxes9903€9,658€47,166€55,724€53,205▼ 4.5%
Income taxes67/77€2,673€11,034€12,591€11,806▼ 6.2%
Profit (loss) for the period9904€6,986€36,132€43,133€41,399▼ 4.0%
Profit (loss) for the period to be appropriated9905€6,986€36,132€43,133€41,399▼ 4.0%
Line2022202320242025Change
Assets
Total assets20/58€28,135€61,919€97,721€117,097▲ 19.8%
Formation expenses20€1,001€0---
Fixed assets21/28€2,323€3,059€3,504€2,527▼ 27.9%
Tangible fixed assets22/27€2,323€3,059€3,504€2,527▼ 27.9%
Furniture and vehicles24€2,323€3,059€3,504€2,527▼ 27.9%
Current assets29/58€24,810€58,860€94,218€114,570▲ 21.6%
Amounts receivable within one year40/41€10,407€20,050€10,430€15,966▲ 53.1%
Trade receivables40€10,406€20,050€10,430€15,966▲ 53.1%
Other amounts receivable41€1€0---
Cash at bank and in hand54/58€14,094€38,693€83,788€98,604▲ 17.7%
Deferred charges and accrued income490/1€309€117€0--
Equity and liabilities
Total equity and liabilities10/49€28,135€61,919€97,721€117,097▲ 19.8%
Equity10/15€8,986€45,118€88,251€8,986▼ 89.8%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€6,986€6,986€6,986€6,986=
Distributable reserves133€6,986€6,986€6,986€6,986=
Profit (loss) carried forward14-€36,132€79,265€0▼ 100%
Amounts payable17/49€19,149€16,801€9,471€108,112▲ 1,042%
Amounts payable within one year42/48€19,149€16,733€9,471€108,048▲ 1,041%
Trade debts44€2,548€772€2,255€1,160▼ 48.6%
Suppliers440/4€2,548€772€2,255€1,160▼ 48.6%
Taxes, remuneration and social security45€8,617€13,846€6,466€5,541▼ 14.3%
Taxes450/3€8,617€13,791€6,466€5,541▼ 14.3%
Remuneration and social security454/9-€55€0--
Other amounts payable47/48€7,985€2,115€750€101,348▲ 13,421%
Accrued charges and deferred income492/3-€68€0€63-
Line2022202320242025Change
Profit (loss) for the period9904€6,986€36,132€43,133€41,399▼ 4.0%
+ Depreciation and write-downs630€509€2,001€1,167€977▼ 16.3%
Operating cash flow (approximation)€7,494€38,133€44,300€42,376▼ 4.3%
Investment in fixed assets (approximation)--€2,737-€1,611€0-
Change in cash-€24,600€45,094€14,816▼ 67.1%

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 (4)
Financial year Type Filed Reference
31-12-2025 micro format 15-06-2026 2026-00160675
31-12-2024 micro format 02-06-2025 2025-00116546
31-12-2023 micro format 30-08-2024 2024-00408910
31-12-2022 micro format 30-06-2023 2023-00212383

Similar companies · same sector, comparable size

Of the 24,203 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,614. 4,506 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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