Axcon
ActiveSummary
Axcon has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,665 and a net result of €505. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+55
Solvency63=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 1.47 in 2024; short-term debt: 15.5% and cash: 6.4% of total assets), and 61.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
0.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
2025
24 d late
2024
1 d late
2023
22 d late
2022
11 d early
2021
30 d late
2020
16 d late
2019
52 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 19 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€52,665▼ 18.7%
2024 · €64,792
Total assets
€138,016▼ 19.3%
2024 · €171,034
Net result
€505
2024 · -€18,549
Working capital
-€5,566
2024 · €10,608
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€34,145▲ 14.0%€41,266▲ 20.9%-€25,149-€15,484▲ 38.4%€3,565
Net result€21,730within the sector's middle half▲ 34.4%€27,373within the sector's middle half▲ 26.0%-€27,340below the sector's middle half-€18,549below the sector's middle half▲ 32.2%€505below the sector's middle half
Equity€137,807within the sector's middle half▼ 0.3%€130,680within the sector's middle half▼ 5.2%€103,340within the sector's middle half▼ 20.9%€64,792within the sector's middle half▼ 37.3%€52,665within the sector's middle half▼ 18.7%
Total assets€307,007within the sector's middle half▼ 7.9%€308,459within the sector's middle half▲ 0.5%€228,896within the sector's middle half▼ 25.8%€171,034within the sector's middle half▼ 25.3%€138,016within the sector's middle half▼ 19.3%
Debt€169,200▼ 13.2%€177,779▲ 5.1%€125,555▼ 29.4%€106,242▼ 15.4%€85,351▼ 19.7%
Working capital€104,889within the sector's middle half▼ 11.2%€83,436within the sector's middle half▼ 20.5%€59,797within the sector's middle half▼ 28.3%€10,608within the sector's middle half▼ 82.3%-€5,566below the sector's middle half
Solvency44.9%within the sector's middle half▲ 3.4pp42.4%within the sector's middle half▼ 2.5pp45.1%within the sector's middle half▲ 2.8pp37.9%within the sector's middle half▼ 7.3pp38.2%within the sector's middle half▲ 0.3pp
Current ratio4.86above the sector's middle half▼ 0.982.52within the sector's middle half▼ 2.345.86above the sector's middle half▲ 3.351.47within the sector's middle half▼ 4.390.74below the sector's middle half▼ 0.73
Return on assets (ROA)7.1%within the sector's middle half▲ 2.2pp8.9%within the sector's middle half▲ 1.8pp-11.9%below the sector's middle half▼ 20.8pp-10.8%below the sector's middle half▲ 1.1pp0.4%below the sector's middle half▲ 11.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,565 after a loss of €15,484 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138,016
Fixed assets
€122,228 ▼ 11.3%
Current assets
€15,787 ▼ 52.4%
Equity and liabilities €138,016
Equity
€52,665 ▼ 18.7%
Debt
€85,351 ▼ 19.7%
Debt's share of the balance-sheet total falls from 62.1% to 61.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19,172▲
2024 · €3,484
Cash flow
€16,111▲
2024 · €419
Debt to equity
1.62▼
2024 · 1.64
ROE
1.0%▲
2024 · -28.6%
Interest coverage
6.46▲
2024 · 1.03
Debt ≤ 1 year
€21,353▼
2024 · €22,591
Debt > 1 year
€63,998▼
2024 · €83,651
Income taxes
€221▲
2024 · €131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 10,905 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €705 | €1,140 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,030 | €20,303 | €19,566 | €18,968 | €15,606 | ▼ 17.7% |
| Other operating charges640/8 | €3,943 | €4,716 | €3,255 | €2,969 | €2,016 | ▼ 32.1% |
| Gross operating margin9900 | €57,117 | €66,285 | -€1,623 | €7,593 | €21,188 | ▲ 179% |
| Operating profit (loss)9901 | €34,145 | €41,266 | -€25,149 | -€15,484 | €3,565 | ▲ 123% |
| Financial income75/76B | €12 | €1 | €2 | €435 | €130 | ▼ 70.1% |
| Recurring financial income75 | €12 | €1 | €2 | €435 | €130 | ▼ 70.1% |
| Financial charges65/66B | €2,415 | €2,548 | €2,142 | €3,370 | €2,969 | ▼ 11.9% |
| Recurring financial charges65 | €2,415 | €2,548 | €2,142 | €3,370 | €2,969 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €31,742 | €38,718 | -€27,289 | -€18,418 | €726 | ▲ 104% |
| Income taxes67/77 | €10,012 | €11,345 | €51 | €131 | €221 | ▲ 69.3% |
| Profit (loss) for the period9904 | €21,730 | €27,373 | -€27,340 | -€18,549 | €505 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €21,730 | €27,373 | -€27,340 | -€18,549 | €505 | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €307,007 | €308,459 | €228,896 | €171,034 | €138,016 | ▼ 19.3% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €174,937 | €170,021 | €156,803 | €137,835 | €122,228 | ▼ 11.3% |
| Tangible fixed assets22/27 | €174,937 | €170,021 | €156,803 | €137,835 | €122,228 | ▼ 11.3% |
| Land and buildings22 | €154,584 | €144,690 | €132,214 | €119,738 | €107,262 | ▼ 10.4% |
| Plant, machinery and equipment23 | €3,005 | €1,907 | €1,695 | €1,482 | €1,270 | ▼ 14.3% |
| Furniture and vehicles24 | €13,342 | €19,869 | €19,735 | €13,804 | €11,221 | ▼ 18.7% |
| Other tangible fixed assets26 | €4,007 | €3,555 | €3,159 | €2,810 | €2,476 | ▼ 11.9% |
| Current assets29/58 | €132,069 | €138,438 | €72,093 | €33,199 | €15,787 | ▼ 52.4% |
| Amounts receivable within one year40/41 | €23,970 | €13,063 | €2,845 | €2,977 | €6,383 | ▲ 114% |
| Trade receivables40 | €14,084 | €7,069 | - | - | - | - |
| Other amounts receivable41 | €9,886 | €5,994 | €2,845 | €2,977 | €6,383 | ▲ 114% |
| Cash at bank and in hand54/58 | €106,044 | €123,851 | €68,009 | €29,809 | €8,845 | ▼ 70.3% |
| Deferred charges and accrued income490/1 | €2,056 | €1,524 | €1,238 | €413 | €559 | ▲ 35.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €307,007 | €308,459 | €228,896 | €171,034 | €138,016 | ▼ 19.3% |
| Equity10/15 | €137,807 | €130,680 | €103,340 | €64,792 | €52,665 | ▼ 18.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €128,509 | €124,480 | €97,140 | €77,140 | €64,509 | ▼ 16.4% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Tax-exempt reserves132 | €154 | €154 | €154 | €154 | €154 | = |
| Distributable reserves133 | €126,500 | €122,471 | €95,132 | €75,132 | €62,500 | ▼ 16.8% |
| Profit (loss) carried forward14 | €3,098 | - | - | -€18,549 | -€18,044 | ▲ 2.7% |
| Amounts payable17/49 | €169,200 | €177,779 | €125,555 | €106,242 | €85,351 | ▼ 19.7% |
| Amounts payable after more than one year17 | €142,020 | €122,777 | €113,259 | €83,651 | €63,998 | ▼ 23.5% |
| Financial debts170/4 | €142,020 | €122,777 | €113,259 | €83,651 | €63,998 | ▼ 23.5% |
| Amounts payable within one year42/48 | €27,181 | €55,002 | €12,296 | €22,591 | €21,353 | ▼ 5.5% |
| Current portion of amounts payable after more than one year42 | €19,041 | €19,161 | €9,352 | €19,962 | €20,279 | ▲ 1.6% |
| Trade debts44 | €1,684 | €8,016 | €2,944 | €2,379 | €892 | ▼ 62.5% |
| Suppliers440/4 | €1,684 | €8,016 | €2,944 | €2,379 | €892 | ▼ 62.5% |
| Taxes, remuneration and social security45 | €6,456 | €12,825 | - | €250 | €182 | ▼ 27.2% |
| Taxes450/3 | €6,456 | €12,825 | - | €250 | €182 | ▼ 27.2% |
| Other amounts payable47/48 | - | €15,000 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,730 | €27,373 | -€27,340 | -€18,549 | €505 | ▲ 103% |
| + Depreciation and write-downs630 | €19,030 | €20,303 | €19,566 | €18,968 | €15,606 | ▼ 17.7% |
| Operating cash flow (approximation) | €40,759 | €47,677 | -€7,774 | €419 | €16,111 | ▲ 3,743% |
| Investment in fixed assets (approximation) | - | -€15,387 | -€6,348 | €0 | €0 | - |
| Change in cash | - | €17,808 | -€55,842 | -€38,201 | -€20,964 | ▲ 45.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €505
Net result €505 after 2 loss-making years.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet -€27,340
Net result drops to -€27,340, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.86
Current ratio from 2.52 to 5.86; short-term debt falls from €55,002 to €12,296.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 52 days late
2019
31-12
Financial
Highest result since 2018net €33,288 ▲61.3%
Operating result €50,376, net result €33,288, both a record.
31-12
Financial
Equity above €100,000Eq €122,106 ▲37.5%
2 profitable years in a row build equity to €122,106.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
03-11
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2013
19-11
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2013
Ground area
483 m²
Building footprint
142 m²
Volume, LiDAR
742 m³
Parcel 11011A0585/00V003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Axcon
since 20132.223.370.553
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0585/00V003 | Flanders | 483 m² | 1 · 142 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,367 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540898625
Also
9925:BE0540898625
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.