AXEDA
ActiveSummary
The computed 12-month bankruptcy probability of AXEDA is 1.9% (moderate). The 2025 annual accounts show equity of €211,287 and a net result of €78,544. Its solvency ranks better than 87% of 18537 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.02 in 2024; short-term debt: 20.3% and cash: 39.6% of total assets), and 20.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
79.7%
Return on assets
29.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€211,287▲ 59.2%
2024 · €132,743
Total assets
€265,231▲ 54.5%
2024 · €171,701
Net result
€78,544▼ 5.1%
2024 · €82,743
Working capital
€85,221▲ 113%
2024 · €39,918
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
Line20242025
Operating result€103,499-€112,809▲ 9.0%
Net result€82,743-€78,544▼ 5.1%
Equity€132,743-€211,287▲ 59.2%
Total assets€171,701-€265,231▲ 54.5%
Debt€38,958-€53,944▲ 38.5%
Working capital€39,918-€85,221▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265,231
Fixed assets
€126,066 ▲ 35.8%
Current assets
€139,165 ▲ 76.4%
Equity and liabilities €265,231
Equity
€211,287 ▲ 59.2%
Debt
€53,944 ▲ 38.5%
Debt's share of the balance-sheet total falls from 22.7% to 20.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€151,867▲
2024 · €123,270
Cash flow
€117,602▲
2024 · €102,514
Current ratio
2.58▲
2024 · 2.02
Debt to equity
0.26▼
2024 · 0.29
ROE
37.2%▼
2024 · 62.3%
ROA
29.6%▼
2024 · 48.2%
Interest coverage
10.38▼
2024 · 1325.48
Debt ≤ 1 year
€53,944▲
2024 · €38,958
Income taxes
€19,636▼
2024 · €20,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 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% | 1.6% |
| 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 74% 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 39,275 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,771 | €39,058 | ▲ 97.6% |
| Other operating charges640/8 | €1,390 | €821 | ▼ 40.9% |
| Gross operating margin9900 | €124,660 | €152,688 | ▲ 22.5% |
| Operating profit (loss)9901 | €103,499 | €112,809 | ▲ 9.0% |
| Financial income75/76B | €251 | - | - |
| Recurring financial income75 | €251 | - | - |
| Financial charges65/66B | €93 | €14,629 | ▲ 15,630% |
| Recurring financial charges65 | €93 | €14,629 | ▲ 15,630% |
| Profit (loss) for the period before taxes9903 | €103,657 | €98,180 | ▼ 5.3% |
| Income taxes67/77 | €20,914 | €19,636 | ▼ 6.1% |
| Profit (loss) for the period9904 | €82,743 | €78,544 | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €82,743 | €78,544 | ▼ 5.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €171,701 | €265,231 | ▲ 54.5% |
| Fixed assets21/28 | €92,825 | €126,066 | ▲ 35.8% |
| Intangible fixed assets21 | €92,825 | €126,066 | ▲ 35.8% |
| Current assets29/58 | €78,876 | €139,165 | ▲ 76.4% |
| Amounts receivable within one year40/41 | €14,829 | €33,628 | ▲ 127% |
| Trade receivables40 | €12,767 | €32,165 | ▲ 152% |
| Other amounts receivable41 | €2,062 | €1,463 | ▼ 29.0% |
| Cash at bank and in hand54/58 | €64,047 | €105,119 | ▲ 64.1% |
| Deferred charges and accrued income490/1 | - | €418 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €171,701 | €265,231 | ▲ 54.5% |
| Equity10/15 | €132,743 | €211,287 | ▲ 59.2% |
| Contributions10/11 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | €82,743 | €161,287 | ▲ 94.9% |
| Amounts payable17/49 | €38,958 | €53,944 | ▲ 38.5% |
| Amounts payable within one year42/48 | €38,958 | €53,944 | ▲ 38.5% |
| Trade debts44 | €18,044 | €34,308 | ▲ 90.1% |
| Suppliers440/4 | €18,044 | €34,308 | ▲ 90.1% |
| Taxes, remuneration and social security45 | €20,914 | €19,636 | ▼ 6.1% |
| Taxes450/3 | €20,914 | €19,636 | ▼ 6.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €82,743 | €78,544 | ▼ 5.1% |
| + Depreciation and write-downs630 | €19,771 | €39,058 | ▲ 97.6% |
| Operating cash flow (approximation) | €102,514 | €117,602 | ▲ 14.7% |
| Investment in fixed assets (approximation) | - | -€72,299 | - |
| Change in cash | - | €41,072 | - |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200,000Eq €211,287 ▲59.2%
2 profitable years in a row build equity to €211,287.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Assesse · 1 establishment unit since 2023
Ground area
227 m²
Building footprint
129 m²
Volume, LiDAR
838 m³
Parcel 92109A0297/00F003, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GXP Training
since 20232.349.699.492
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92109A0297/00F003 | Wallonia | 227 m² | 1 · 129 m² | 7.7 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.
Similar companies · same sector, comparable size
BROVEST
BE 0446.492.879
Hasselt · Eq €211,213
SEVEN HORSES
BE 0649.699.565
Tubize · Eq €211,886
SLIMWAY
BE 0543.475.360
Schoten · Eq €211,975
ITALFOOD
BE 0440.090.582
La Louvière · Eq €212,083
SO BE FOOD
BE 0726.770.520
Wavre · Eq €212,479
Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,381 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
Founded26-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
58190Other publishing activities, excluding software publishing
62100Computer programming
63910Web portal activities
85592Vocational training
85599Other education
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:1000321606
Also
9925:BE1000321606
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.