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Axessa

Active
Private limited companyfounded 200224 yrs activeWalplein 26, 8000 Brugge, BelgiumKBO/BCE: BE 0477.973.141

Axessa has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.61M and a net result of €157k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 19345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
74 / 100
Healthy▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▼-70
Solvency68▲+56
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.19 in 2023), and 57.6% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
42.4%
Return on assets
2.6%
Age of the figures
20 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
55 d early
2021
23 d early
2020
8 d early
2019
21 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€2.61M▲ 165%
2023 · €984k
2018: €486k 2019: €506k 2020: €515k 2021: €542k 2022: €552k 2023: €984k
2018 → 2024
Total assets
€6.16M▲ 11.3%
2023 · €5.53M
2018: €2.90M 2019: €2.71M 2020: €4.10M 2021: €4.12M 2022: €3.98M 2023: €5.53M
2018 → 2024
Net result
€157k▼ 64.2%
2023 · €439k
2018: €-8k 2019: €28k 2020: €17k 2021: €36k 2022: €17k 2023: €439k
2018 → 2024
Working capital
€88k
2023 · €-2.16M
2018: €-210k 2019: €-170k 2020: €-1.58M 2021: €-1.88M 2022: €-1.87M 2023: €-2.16M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€515k-€542k▲ 5.4%€552k▲ 1.8%€984k▲ 78.2%€2.61M▲ 165%
Operating result€50k-€78k▲ 55.4%€62k▼ 20.9%€114k▲ 83.6%€82k▼ 27.8%
Net result€17k-€36k▲ 114%€17k▼ 50.9%€439k▲ 2,418%€157k▼ 64.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2020: €50k€50kNet result 2020: €17k€17kOperating result 2021: €78k€78kNet result 2021: €36k€36kOperating result 2022: €62k€62kNet result 2022: €17k€17kOperating result 2023: €114k€114kNet result 2023: €439k€439kOperating result 2024: €82k€82kNet result 2024: €157k€157k20202021202220232024
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.16M
Fixed assets €5.54M▲ 10.3%
Current assets €613k▲ 21.2%
Equity and liabilities €6.16M
Equity €2.61M▲ 165%
Debt €3.55M▼ 22.0%
The debt ratio falls from 82.2% to 57.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€362k
2023 · €363k
Cash flow
€437k
2023 · €689k
Solvency
42.4%
2023 · 17.8%
Current ratio
1.17
2023 · 0.19
Quick ratio
1.17
2023 · 0.19
Debt / equity
1.36
2023 · 4.62
ROE
6.0%
2023 · 44.7%
ROA
2.6%
2023 · 7.9%
Interest coverage
3.58
2023 · 7.35
Debt
€3.55M
2023 · €4.55M
Debt ≤ 1 year
€526k
2023 · €2.66M
Debt > 1 year
€2.99M
2023 · €1.89M
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€5.53M€6.16M
Fixed assets21/28€5.03M€5.54M
Tangible fixed assets22/27€2.37M€2.88M
Land and buildings22€1.93M€2.51M
Plant, machinery and equipment23€21k€18k
Other tangible fixed assets26€412k€358k
Financial fixed assets28€2.66M€2.66M=
Current assets29/58€506k€613k
Amounts receivable within one year40/41€448k€545k
Trade receivables40€73k€61k
Other amounts receivable41€375k€484k
Cash at bank and in hand54/58€58k€68k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€5.53M€6.16M
Equity10/15€984k€2.61M
Contributions10/11€661k€2.14M
Revaluation surpluses12€84k€76k
Reserves13€144k€144k=
Non-distributable reserves130/1€6k€0
Reserves not available under the articles1311€6k€0
Distributable reserves133€138k€144k
Profit (loss) carried forward14€95k€252k
Amounts payable17/49€4.55M€3.55M
Amounts payable after more than one year17€1.89M€2.99M
Financial debts170/4€1.89M€2.99M
Amounts payable within one year42/48€2.66M€526k
Current portion of amounts payable after more than one year42€145k€227k
Trade debts44€81k€7k
Suppliers440/4€81k€7k
Taxes, remuneration and social security45€28k€20k
Taxes450/3€28k€20k
Other amounts payable47/48€2.41M€272k
Accrued charges and deferred income492/3€2k€31k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249k€280k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€632
Other operating charges640/8€54k€66k
Gross operating margin9900€417k€429k
Operating profit (loss)9901€114k€82k
Financial income75/76B€375k€176k
Recurring financial income75€375k€176k
Financial charges65/66B€49k€101k
Recurring financial charges65€49k€101k
Profit (loss) for the period before taxes9903€439k€157k
Profit (loss) for the period9904€439k€157k
Profit (loss) for the period to be appropriated9905€439k€157k
Appropriation of the result
Profit (loss) to be appropriated9906€95k€252k
Profit (loss) brought forward from the previous period14P€-345k€95k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 6current ratio 1.17
Current ratio from 0.19 to 1.17; short-term debt falls from €2.66M to €526k.
31-12
Financial Equity above €2MEq €2.61M ▲165%
6 profitable years in a row build equity to €2.61M.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €439k ▲2418%
Operating result €114k, net result €439k, both a record.
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial Equity above €500kEq €506k ▲4.1%
Equity rises from €486k to €506k.
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
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
9 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, Brugge · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Walplein 268000 Brugge
Ground area
174 m²
Building footprint
128 m²
Parcel 31803C1065/00K002, Flanders. Linked by address, not a title deed.
1 establishment unit
SYLVANAX
Walplein 26, 8000 BruggeNACE 7012001
since 20022.096.221.171
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31803C1065/00K002 Flanders 174 m² 1 · 128 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,287 companies in sector 68110 we hold annual accounts for 5,353. 2,414 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-07-2002
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.