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AXI

Active Public limited companyfounded 1970active for 55 yearsVaartdijk 90, 2800 MechelenKBO/BCE: BE 0407.653.980 subsidiary of Anchr Holdings Europe#1 oldest company in Mechelen, Telecoms and IT sector
Part of the group AXITHON 5 companies in 2 countries
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Lifetime

18 annual accounts with figures on one time axis, 49 filings since 1977
peak €59.8m (2023)
€26.7m▼ 7.8%
lowest -€4.2m (2025)
-€4.2m▼ €3.0m
peak €7.5m (2023)
€587,739▼ 87.7%
€47.3m▲ 39.6%
peak 214.8 FTE (2023)
143.5 FTE▼ 22.9%
Board14 names since 2017all names
4 directorsJO.NA BV and 3 others
Owners5 names in the annual accounts
Documentsfilings and deeds
08-07-202623 days before the deadline
2025financial year
Loss of €4.2mStaff from 186.2 FTE to 143.5 FTEPermanent representative: Lotte Vanreusel 18-081 statutory auditor reappointed 13-08Capital decrease of €393,741.17 to €1,319,986.26 08-05Equity from €4.8m to €587,739

Key points

from the 2025 annual accounts

Equity

€587,739 from €7.5m in 2023

Equity fell by 92% in 2 years.

Losses

-€5.4m in two years
-1.22024-4.22025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€47.3m 99% of the balance sheet
Financial debts 30%Suppliers 8%Taxes and wages 8%Other 54%

Of this, €7.8m falls due within a year.

Staff

143.5 FTE from 214.8 in 2023

Between 2023 and 2025, 33% of the full-time equivalents disappeared.

Payment terms

76 days to suppliers
Suppliers
218 to 76
Customers
219 to 163

AXI pays its suppliers 142 days earlier than in 2024. Customers pay 56 days earlier.

Position in the sector

-€4.2m

Lower net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.

Net result -262%: branch of activity transferred

Checked score

54
Fair
Financially stronger than 24% of medium-sized companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%

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.

Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.2 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.4%● unchanged vs 08-2026highest value 10-2026: 1.4%● unchanged vs 09-2026highest value 11-2026: 1.4%● unchanged vs 10-2026highest value

Financial strength
Weak

26-11equity 1.2% of total assets
50+10short-term debt 16.3% · cash 3.1%
5-16return on assets -8.8%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €4.2m, the second in a row (financial year 2025)
Equity €587,739 (1.2% of total assets)
1 change of registered office in 24 months
Liquidity: current ratio 1.92, cash €1.5m
Calculation

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).

Credit verdict

Credit of up to €30,000 on 30-day terms, only on tighter conditions

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.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises riskneutral
raises risk · Loss of €4.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Equity €587,739 (1.2% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.92, cash €1.5m
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4.2m
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1691 sector peers (2025).
NBB · sector comparison
Position among 1691 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
98 days late
2023
36 days early
2022
56 days early
2021
53 days early
2020
61 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BC
Director, Dries Van Avermaet, since 22-12-2022
SB
Director, VERGAELEN Bjön Lode Mathilde, since 18-06-2024
AH
Director, since 28-07-2025
JN
Director
VB
Auditor, Bart ROOSE

Shares in 6 companies, including ANCHR BV and BLUEBITS

Board & ownership

Recent changes

Demerger proposal: AXI splits off to United Codes Consulting BV Appointment: VGD Bedrijfsrevisoren BV (company auditor) · Name change: Bridg Software · The company holds all the shares of Anchr B.V. · Board meeting of 14-10-2026 · Gazette deed
Capital increase of €5,000,000 to €6,319,986.26 Capital from €1,319,986.26 to €6,319,986.26, 9,767,521 new shares · Appointment: VGD BEDRIJFSREVISOREN (statutory auditor) · Resignation: Frederik Riebbels (permanent representative) · Gazette deed
Registered office moved from Willebroek to Mechelen New registered office: Vaartdijk 90, 2800 Mechelen · Previous registered office: Molenweg 107, 2830 Willebroek · Board meeting of 14-04-2026 · Gazette deed
New establishment in Mechelen Bridg, Bautersemstraat 68
All 82 events

Comparable companies

same main activity, similar in size and age
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
-10%0%10%20%€50m€500m€5bnAXIEBIT margin

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.

Official details

Source: KBO
Status
Active since 01-12-1970Normal situation
Registered office
21 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment units
2.127.814.8632800 Mechelen, since 27-04-1999
2.317.900.2219051 Ghent, since 31-03-2021and 1 other
Financial year end
31 December
Peppol
Reachable since 07-01-2026
Company details

Annual accounts 2025

€47.9m▲ 23.8%
Employeeson 31-12-2025
153▼ 10.5%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Companies linked to AXI

Insights on AXI

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.

Key facts about AXI

What is the company number of AXI?
The company number of AXI is 0407.653.980. The VAT number is the same number with BE in front: BE 0407.653.980.
Where is AXI based?
The registered office is at Vaartdijk 90, 2800 Mechelen.Company details
What does AXI do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of AXI?
AXI is a public limited company (NV).
When was AXI founded?
AXI was founded on 01-12-1970.
Is AXI still active?
Yes, AXI is an active enterprise in the KBO register.
How many employees does AXI have?
AXI had an average of 143.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AXI fall under?
In its 2025 annual accounts, AXI states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of AXI?
The turnover of AXI was €26.7m in financial year 2025, according to the filed annual accounts.
Is AXI profitable?
In financial year 2025, AXI made a loss of €4.2m.
Where can I find the annual accounts of AXI?
AXI filed 56 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AXI due?
AXI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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