Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Axepharma is 1.7% (moderate). The 2025 annual accounts show equity of €310k and a net result of €66k. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 26-05-2026 | 66 d early | 2026-00120809 |
| 31-12-2024 | 31-07-2025 | 01-07-2025 | 30 d early | 2025-00209307 |
| 31-12-2023 | 31-07-2024 | 31-07-2024 | on the day | 2024-00321999 |
| 31-12-2022 | 31-07-2023 | 07-08-2023 | 7 d late | 2023-00319863 |
| 31-12-2021 | 31-07-2022 | 28-07-2022 | 3 d early | 2022-20236399 |
| 31-12-2020 | 31-07-2021 | 22-07-2021 | 9 d early | 2021-38800475 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €98k |
| Net profit | €66k |
| Cash flow | €68k |
| Staff costs | €49k |
| Income taxes | €17k |
| Dividends | €63k |
| Total assets | €442k |
| Equity | €310k |
| Debt | €132k |
| of which ≤ 1y | €130k |
| of which > 1y | - |
| Working capital | €303k |
| Employees (FTE) | 1.1 |
| 2025 | |
|---|---|
| Current ratio | 3.32 |
| Quick ratio | 2.28 |
| Working capital ratio | 68.6% |
| Solvency | 70.1% |
| Debt / equity | 0.43 |
| Long-term debt ratio | - |
| Interest coverage | 6.94 |
| Gross margin | - |
| Net margin | - |
| ROA | 14.8% |
| ROE | 21.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €442k |
| Fixed assets | 21/28 | €8k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €200 |
| Current assets | 29/58 | €434k |
| Stocks & contracts in progress | 3 | €136k |
| Amounts receivable within one year | 40/41 | €104k |
| Cash & bank | 54/58 | €178k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €442k |
| Equity | 10/15 | €310k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €300k |
| Amounts payable | 17/49 | €132k |
| Amounts payable within one year | 42/48 | €130k |
| Trade debts payable within one year | 44 | €41k |
| Income statement | ||
| Gross operating margin | 9900 | €152k |
| Operating result | 9901 | €96k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €83k |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €66k |
| Result to be appropriated | 9905 | €66k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021G0511/00E000 | Flanders | 891 m² | 1 · 241 m² | 7.6 m · 1 fl. |
| 31804D1566/00B000 | Flanders | 82 m² | 1 · 81 m² | 12.8 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Financial profile
5 of 5 axes measuredExceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | Axepharma |