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Complete company report
Generated 12-08-2026
Active BE 0465.786.674Non-profit association

AXEDIS

Rue de la Station 13 ·1300 Wavre, Belgium· 27 yrs active
Sector: Beschutte en sociale werkplaatsen (88993)
Conclusion Checked

The computed 12-month bankruptcy probability of AXEDIS is < 0.1% (very low). The 2024 annual accounts show equity of €2.09M and a net result of €72k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 59 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €2.09M
Net result €72k
Staff (FTE) 167.8
Better than sector 40%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health87Profitability40Solvency61Growth34Stability100
64 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 87
Profitability 40
Solvency 61
Growth 34
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1999, 27 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
87 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 20-06-2025 with the NBB · fiscal year 2024 · verkort
€-1.00M€0€1.00M€2.00MRevenue 2020: €1.83M€1.83MOperating result 2020: €117k€117kNet result 2020: €3k€3kRevenue 2021: €2.06M€2.06MOperating result 2021: €-71k€-71kNet result 2021: €-47k€-47kRevenue 2022: €2.12M€2.12MOperating result 2022: €-30k€-30kNet result 2022: €-73k€-73kRevenue 2023: €2.13M€2.13MOperating result 2023: €-126k€-126kNet result 2023: €-168k€-168kRevenue 2024: €2.39M€2.39MOperating result 2024: €102k€102kNet result 2024: €72k€72k20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~2.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€1.60M€1.80M€2.00M€2.20M€2.40M2025: €2.01M (€1.85M - €2.18M)2026: €1.95M (€1.78M - €2.12M)2027: €1.88M (€1.72M - €2.05M)2018: €2.39M2019: €2.30M2020: €2.36M2021: €2.30M2022: €2.21M2023: €2.03M2024: €2.09M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 88 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 33.2% 51.7%
better than 40% of 59 sector peers
Net result €72k €74k
better than 49% of 60 sector peers
Equity €2.09M €281k
better than 75% of 59 sector peers
Staff costs €4.30M €961k
higher than 81% of 54 sector peers
Employees (FTE) 167.8 20.5
better than 85% of 54 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2.39M
+12.1% 18-24
EBITDA
€306k
+338.1% 18-24
Net profit
€72k
- 18-24
Cash flow
€276k
+890.1% 18-24
Total assets
€6.30M
+3.8% 18-24
Equity
€2.09M
+2.9% 18-24
Working capital
€708k
-3.2% 18-24
Employees (FTE)
168
-4.2% 18-24
Staff costs
€4.30M
-3.0% 18-24
Income taxes
€13k
+4.9% 18-24
Debt
€4.20M
+4.3% 18-24
Debt ≤ 1y
€1.81M
+28.5% 18-24
Debt > 1y
€1.84M
-8.0% 18-24
Current ratio
1.39
-8.4% 18-24
Quick ratio
1.28
-12.6% 18-24
Solvency
33.2%
-0.9% 18-24
Debt / equity
2.01
+1.4% 18-24
ROE
3.4%
- 18-24
ROA
1.1%
- 18-24
Net margin
3.0%
- 18-24
EBITDA margin
12.8%
+290.9% 18-24
Interest coverage
9.11
+370.4% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue€2.39M
EBITDA€306k
Net profit€72k
Cash flow€276k
Staff costs€4.30M
Income taxes€13k
Dividends-
Total assets€6.30M
Equity€2.09M
Debt€4.20M
of which ≤ 1y€1.81M
of which > 1y€1.84M
Working capital€708k
Employees (FTE)167.8
Ratios (computed)
2024
Current ratio1.39
Quick ratio1.28
Working capital ratio11.2%
Solvency33.2%
Debt / equity2.01
Long-term debt ratio0.88
Interest coverage9.11
Gross margin82.4%
Net margin3.0%
ROA1.1%
ROE3.4%
EBITDA margin12.8%
Days sales outstanding69d
Days payable outstanding108d
Inventory turnover2.02
Days inventory (DSI)180d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€6.30M
Fixed assets 21/28€3.78M
Intangible fixed assets 21€18k
Tangible fixed assets 22/27€3.76M
Financial fixed assets 28€4k
Current assets 29/58€2.52M
Stocks & contracts in progress 3€209k
Amounts receivable within one year 40/41€537k
Investments 50/53€500k
Cash & bank 54/58€1.23M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€6.30M
Equity 10/15€2.09M
Contributions / capital 10/11€435k
Reserves 13€1.65M
Accumulated profits (losses) 14€-214k
Provisions & deferred taxes 16€6k
Amounts payable 17/49€4.20M
Amounts payable after one year 17€1.84M
Amounts payable within one year 42/48€1.81M
Trade debts payable within one year 44€125k
Income statement
Turnover 70€2.39M
Operating result 9901€102k
Financial income 75€18k
Financial charges 65€35k
Result before taxes 9903€84k
Income taxes 67/77€13k
Net result for the period 9904€72k
Result to be appropriated 9905€72k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Yannick QUATAERT
    Director (executive)
    State Gazette act 22148010 (14-12-2022)
    Current
    19-04-2022 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Beschutte en sociale werkplaatsen(88993)
Legal form Non-profit association(017)
Incorporation31-03-1999
StatusActive
Postal code1300
Connections & network 1 connected companies
Group structure
Association d'Entreprises Alliance Centre BW
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control 1 parties
AXEDISBE 0465.786.674
controls
Where this company holds controlthis company sits on their board1
Association d'Entreprises Alliance Centre BW
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location
Axedis
Rue de la Station 13, 1300 WavreBeschutte en sociale werkplaatsen
since 20172.263.420.566
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055C0543/00T000 Wallonia 1.1 ha 1 · 2,935 m² 10.9 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
10-07-2025
State Gazette act Director changes
20-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
06-08-2024
State Gazette act Director changes
20-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
19-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
14-12-2022
State Gazette act Director changes
23-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
03-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
01-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
26-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
26-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
20-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
17-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2025
10-07-2025 Discharge granted to the board Director changes
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2024
06-08-2024 CREMER reappointed as statutory auditor Director changes
  • CREMER, Commissaris
Technical details 
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2022
14-12-2022 Yannick QUATAERT appointed as director (executive) Director changes
  • Yannick QUATAERT, Directeur
Technical details 
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      "effective_date": "2022-03-08",
      "evidence_quote": "Madame Anne Falier est d\u00E9charg\u00E9e de la gestion journali\u00E8re et courante \u00E0 dater du 08/03/2022.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2022-12-14",
    "filing_date": "2022-12-05",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "conseil_d_administration",
      "date": "2022-09-26",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0465.786.674",
    "name_full": "Axedis",
    "legal_form": "asbl"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Olivier Leblanc",
    "org_rep_person_name": null,
    "person_role_at_subject": "Pr\u00E9sident"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Beschutte werkplaatsen85322Beschutte en sociale werkplaatsen88993Beschutte en sociale werkplaatsen88995
Primary activity highlighted.
Names & trade names
Legal nameFR AXEDIS
Registered office
Rue de la Station 13
1300 Wavre, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 15 of 284 companies in this sector with filed accounts
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative