Equity
Equity fell by 92% in 2 years.
Equity fell by 92% in 2 years.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Of this, €7.8m falls due within a year.
Between 2023 and 2025, 33% of the full-time equivalents disappeared.
AXI pays its suppliers 142 days earlier than in 2024. Customers pay 56 days earlier.
Lower net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.1% across 206 companies (NACE 62, medium-sized).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized). It does better than 6% of them on solvency, 70% on liquidity, 8% on profitability and 11% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.92 (1.4 in 2024), above the usual 1.5. Short-term debt is 16.3% and cash 3.1% of total assets. However, 98.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Shares in 6 companies, including ANCHR BV and BLUEBITS
Board & ownership| Company | ||||
|---|---|---|---|---|
| AXI Mechelen | €26.7m | -9.9% | 1.2% | 143.5 |
| DXC Technology Belgium Mechelen | €52.8m | -0.6% | 23.9% | 153.6 |
| Simac Leuven | €69.7m | 2.0% | 26.1% | 167.2 |
| ZORGI Brussels | €62.4m | 9.0% | 44.7% | 324.4 |
| NorthgateArinso Belgium Anderlecht | €44.4m | 7.8% | 17.9% | 94.5 |
| SAVACO Kortrijk | €66.9m | 6.4% | 15.4% | 242.3 |
| CONXION Waregem | €57.1m | 5.8% | 21.1% | 110 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AXI: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €33m and €59m, founded between 1979 and 1996.
AXI has existed since 1970. Turnover fell from €59.8m in 2023 to €28.9m in 2024. On 26 June 2024 a branch of activity moved to AXI Digital B.V..
Solvency fell in 2025 from 12.4% to 1.2% because of the loss and higher long-term debts.
Anchr Holdings Europe holds all the shares. In June 2024, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.