AXES
InactiveAXES was declared bankrupt on 20-01-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 27-10-2022, published in the Belgian State Gazette on 04-11-2022.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€30k▲ 20.7%
2019 · €25k
2019: €25k
2019 → 2020
Total assets
€108k▲ 60.2%
2019 · €67k
2019: €67k
2019 → 2020
Net result
€5k▼ 66.2%
2019 · €15k
2019: €15k
2019 → 2020
Working capital
€25k▲ 6.8%
2019 · €24k
2019: €24k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€25k-€30k▲ 20.7%
Operating result€17k-€3k▼ 82.1%
Net result€15k-€5k▼ 66.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 82% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €108k
Fixed assets
€5k ▲ 242%
Current assets
€103k ▲ 56.1%
Equity and liabilities €108k
Equity
€30k ▲ 20.7%
Debt
€78k ▲ 83.6%
Debt's share of the balance-sheet total rises from 62.8% to 72.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2019 · €18k
Cash flow
€6k▼
2019 · €16k
Current ratio
1.32▼
2019 · 1.56
ROE
17.2%▼
2019 · 61.2%
ROA
4.8%▼
2019 · 22.8%
Debt ≤ 1 year
€78k▲
2019 · €42k
Income taxes
€2k▼
2019 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€67k€108k▲
Fixed assets21/28€1k€5k▲
Tangible fixed assets22/27€1k€5k▲
Current assets29/58€66k€103k▲
Amounts receivable within one year40/41€66k€101k▲
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€67k€108k▲
Equity10/15€25k€30k▲
Contributions10/11€6k-
Profit (loss) carried forward14€19k€24k▲
Amounts payable17/49€42k€78k▲
Amounts payable within one year42/48€42k€78k▲
Trade debts44€12k€43k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371€603▲
Gross operating margin9900€65k€51k▼
Operating profit (loss)9901€17k€3k▼
Recurring financial income75€2k€5k▲
Recurring financial charges65€372€368▼
Profit (loss) for the period before taxes9903€19k€7k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€15k€5k▼
Profit (loss) for the period to be appropriated9905€15k€5k▼
Timeline · acts, filings and financial milestones
2022
04-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · AXES BVBA HOUWAARTSEBAAN 31, 3220 HOLSBEEK · event 27-10-2022
26-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · AXES BVBA HOUWAARTSE- BAAN 31, 3220 HOLSBEEK · event 20-01-2022
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
SignalNBB filing
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DE MAESENEER BRUSSELSESTEEN-
WEG 62, 3000 LEUVEN |
20-01-2022 → 27-10-2022 |
| Curator | SVEN
DE MAESENEER BRUSSELSESTEENWEG 62, 3000 LEUVEN- |
20-01-2022 → 27-10-2022 |