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AXES CHILDREN

Active Risk: low
Private limited companyfounded 2007active for 19 yearsVoldersstraat 4, 8790 Waregem, BelgiumKBO/BCE: BE 0886.142.609
Summary

AXES CHILDREN has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €422,372 and a net result of €237,173. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 83% of 8,841 sector peers (NACE 46, financial year 2023). The computed 12-month bankruptcy probability is 1.2% (low).

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AXES CHILDRENActive
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Overview

Activity
Wholesale of clothing, excluding workwear and underwear
NACE 46423
1 site
Size
€551,284total assets 2023
Staff
1 FTE
Equity
€422,372
Profit
€237,173
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
1.2%
2023 figures too old to score
Structure
Largest shareholder
LUYCKX DIRK · 49.84%
Accounts on time1 of 5 deeds read
Signalsraises riskFigures for financial year 2023 (filed 04-11-2023)2 financial years not filed after the legal deadlinelowers riskLiquidity: current ratio 4.46, cash €494,590Equity €422,372 (76.6% of total assets)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023 · tick = 2021
Strong
Solvency 100+23
equity 76.6% of total assets
Liquidity 92+43
short-term debt 22.4% · cash 89.7%
Profitability 100+31
return on assets 43.0%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,868 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.7%▲ +0.4 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.3 percentage points vs 02-2025 04-2025: 1.8%▲ +0.8 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.2 percentage points vs 05-2025 07-2025: 1.9%▼ -0.1 percentage points vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 3.2%▲ +1.3 percentage points vs 10-2025 12-2025: 4.0%▲ +0.8 percentage points vs 11-2025highest value 01-2026: 4.0%● unchanged vs 12-2025highest value 02-2026: 4.0%● unchanged vs 01-2026highest value 03-2026: 1.3%▼ -2.7 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.2%▼ -0.1 percentage points vs 09-2026
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 04-11-2023)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.46, cash €494,590
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
lowers risk · Equity €422,372 (76.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
on the day
2021
4 days early
2020
on the day
2019
1 day early
2018
7 days early
2017
24 days early
2016
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 46) for financial year 2023 is 2 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: WALCARIUS ISABELRegistered-office move · Power of…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Highest result from 2019 to 2023net €237,173 ▲156%

Key points

  • Positive: Filed on time since financial year 2015accounts within the deadline every year 8 years View
  • Positive: Among the best 17% on solvencysector median 42.7% · 8,841 companies 76.6% View
  • Active since 2007founded 05-01-2007 19 years View

By topic

Financials

Financial year
2023
Total assets
€551,284
Profit
€237,173
Solvency
76.6%
Total assets▼ 37.4%
Net result
20192023
Go to Financials

Timeline

Events
18
Since
2009
  1. 31-03-2023Liquidity more than 5 times
  2. 26-04-2022Annual accounts filed
  3. 30-04-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423
Founded
05-01-2007
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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