AXELLE
ActiveThe computed 12-month bankruptcy probability of AXELLE is 2.2% (moderate). The 2024 annual accounts show equity of €53k and a net result of €-12k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 18938 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-23
Solvency78▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.33 in 2023), but 55.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.3%
Return on assets
-10%
Age of the figures
20 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
19 d late
2022
22 d late
2021
18 d late
2020
30 d late
2019
32 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€53k▼ 18.4%
2023 · €64k
2018: €-17k
2019: €-23k
2020: €25k
2021: €43k
2022: €61k
2023: €64k
2018 → 2024
Total assets
€119k▼ 19.0%
2023 · €146k
2018: €174k
2019: €193k
2020: €206k
2021: €183k
2022: €139k
2023: €146k
2018 → 2024
Net result
€-12k
2023 · €3k
2018: €-19k
2019: €-6k
2020: €48k
2021: €18k
2022: €18k
2023: €3k
2018 → 2024
Working capital
€33k▲ 21.6%
2023 · €27k
2018: €-72k
2019: €-93k
2020: €-36k
2021: €-7k
2022: €16k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€43k▲ 72.0%€61k▲ 42.8%€64k▲ 4.9%€53k▼ 18.4%
Operating result€55k-€27k▼ 50.0%€29k▲ 6.0%€11k▼ 61.9%€-12k
Net result€48k-€18k▼ 62.6%€18k▲ 2.2%€3k▼ 83.7%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €11k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€19k▼ 47.8%
Current assets
€99k▼ 9.2%
Equity and liabilities €119k
Equity
€53k▼ 18.4%
Debt
€66k▼ 19.5%
The debt ratio falls from 56.0% to 55.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€7k▼
2023 · €32k
Cash flow
€7k▼
2023 · €24k
Solvency
44.3%▲
2023 · 44.0%
Current ratio
1.50▲
2023 · 1.33
Quick ratio
1.50▲
2023 · 1.33
Debt / equity
1.26▼
2023 · 1.27
ROE
-22.5%▼
2023 · 4.7%
ROA
-10.0%▼
2023 · 2.0%
Interest coverage
2.31▼
2023 · 7.84
Debt
€66k▼
2023 · €82k
Debt ≤ 1 year
€66k▼
2023 · €82k
Income taxes
€522▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€146k€119k▼
Fixed assets21/28€37k€19k▼
Intangible fixed assets21€8k€0▼
Tangible fixed assets22/27€25k€14k▼
Plant, machinery and equipment23€375€0▼
Furniture and vehicles24€618€801▲
Leasing and similar rights25€6k€0▼
Other tangible fixed assets26€17k€14k▼
Financial fixed assets28€5k€5k=
Current assets29/58€109k€99k▼
Amounts receivable after more than one year29€42k€36k▼
Trade receivables290€42k€36k▼
Amounts receivable within one year40/41€63k€58k▼
Trade receivables40€3k€29▼
Other amounts receivable41€60k€58k▼
Cash at bank and in hand54/58€4k€4k▲
Deferred charges and accrued income490/1€0€523▲
Equity and liabilities
Total equity and liabilities10/49€146k€119k▼
Equity10/15€64k€53k▼
Contributions10/11€20k€20k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€44k€32k▼
Amounts payable17/49€82k€66k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€82k€66k▼
Current portion of amounts payable after more than one year42€11k€5k▼
Financial debts43€21k€20k▼
Credit institutions430/8€21k€20k▼
Trade debts44€43k€39k▼
Suppliers440/4€43k€39k▼
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€500€500=
Other amounts payable47/48€50€50=
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€19k▼
Other operating charges640/8€9k€6k▼
Gross operating margin9900€40k€13k▼
Operating profit (loss)9901€11k€-12k▼
Financial income75/76B€15€3k▲
Recurring financial income75€15€934▲
Non-recurring financial income76B€0€3k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€7k€-11k▼
Income taxes67/77€4k€522▼
Profit (loss) for the period9904€3k€-12k▼
Profit (loss) for the period to be appropriated9905€3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€32k▼
Profit (loss) brought forward from the previous period14P€41k€44k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lokeren · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kerkstraat 29160 LokerenGround area
1,568 m²
Building footprint
762 m²
Volume, LiDAR
7,357 m³
2 parcels, Flanders · tallest building 18.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BISTRO DE POSTILJON
since 20142.234.354.319
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E0720/00Z000 | Flanders | 1,280 m² | 1 · 475 m² | 18.9 m · 4 fl. |
| 46384E0197/00A000 | Flanders | 287 m² | 1 · 287 m² | 17.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
MINI-MAAL
BE 0838.579.549
Antwerpen · Eq €53k
GRAVIDAD
BE 0801.148.635
Antwerpen · Eq €53k
FESTOS
BE 0448.043.691
Ciney · Eq €53k
COLONET
BE 0879.607.480
Evere · Eq €53k
Bistoreca
BE 0866.813.081
Antwerpen · Eq €52k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,826 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
55100Hotels and similar accommodation
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.