AXINCO
ActiveAXINCO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 28% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+34
Solvency63▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 3.17 in 2023; short-term debt: 10.5% and cash: 13.6% of total assets), but 62.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.7%
Return on assets
-1.6%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-5k
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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
47 d early
2022
38 d early
2021
40 d early
2020
18 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€113k▼ 4.0%
2023 · €118k
2018: €111k
2019: €119k
2020: €136k
2021: €143k
2022: €135k
2023: €118k
2018 → 2024
Total assets
€300k▲ 11.1%
2023 · €270k
2018: €326k
2019: €321k
2020: €323k
2021: €318k
2022: €294k
2023: €270k
2018 → 2024
Net result
€-5k▲ 73.0%
2023 · €-17k
2018: €-4k
2019: €8k
2020: €17k
2021: €7k
2022: €-8k
2023: €-17k
2018 → 2024
Working capital
€34k▼ 22.9%
2023 · €44k
2018: €39k
2019: €44k
2020: €53k
2021: €61k
2022: €55k
2023: €44k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€136k-€143k▲ 5.3%€135k▼ 5.9%€118k▼ 12.8%€113k▼ 4.0%
Operating result€29k-€17k▼ 40.5%€-3k€-12k▼ 357%€1k
Net result€17k-€7k▼ 58.4%€-8k€-17k▼ 104%€-5k▲ 73.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €300k
Fixed assets
€234k▲ 13.9%
Current assets
€65k▲ 1.9%
Equity and liabilities €300k
Equity
€113k▼ 4.0%
Provisions
€15k=
Debt
€172k▲ 25.2%
The debt ratio rises from 50.8% to 57.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30k▲
2023 · €9k
Cash flow
€24k▲
2023 · €3k
Solvency
37.7%▼
2023 · 43.6%
Current ratio
2.07▼
2023 · 3.17
Quick ratio
2.07▼
2023 · 3.17
Debt / equity
1.52▲
2023 · 1.16
ROE
-4.1%▲
2023 · -14.7%
ROA
-1.6%▲
2023 · -6.4%
Interest coverage
5.23▲
2023 · 1.79
Debt
€172k▲
2023 · €137k
Debt ≤ 1 year
€31k▲
2023 · €20k
Debt > 1 year
€140k▲
2023 · €117k
Income taxes
€419▼
2023 · €682
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€270k€300k▲
Fixed assets21/28€206k€234k▲
Tangible fixed assets22/27€206k€234k▲
Land and buildings22€200k€186k▼
Plant, machinery and equipment23€877€4k▲
Furniture and vehicles24€5k€44k▲
Current assets29/58€64k€65k▲
Amounts receivable within one year40/41€18k€20k▲
Trade receivables40€13k€18k▲
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€41k€41k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€270k€300k▲
Equity10/15€118k€113k▼
Contributions10/11€6k€6k=
Reserves13€27k€27k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€85k€80k▼
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Pensions and similar obligations160€15k€15k=
Amounts payable17/49€137k€172k▲
Amounts payable after more than one year17€117k€140k▲
Financial debts170/4€117k€140k▲
Amounts payable within one year42/48€20k€31k▲
Current portion of amounts payable after more than one year42€7k€16k▲
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€146€268▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€29k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€11k€32k▲
Operating profit (loss)9901€-12k€1k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€-17k€-4k▲
Income taxes67/77€682€419▼
Profit (loss) for the period9904€-17k€-5k▲
Profit (loss) for the period to be appropriated9905€-17k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€80k▼
Profit (loss) brought forward from the previous period14P€102k€85k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €17k ▲120%
Operating result €29k, net result €17k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
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
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
Registered office, Schelle · 1 establishment unit since 2007
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.
Sparrenlaan 92627 SchelleGround area
682 m²
Building footprint
146 m²
Volume, LiDAR
795 m³
Parcel 11038A0364/00X000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Axinco bvba
since 20072.166.959.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038A0364/00X000 | Flanders | 682 m² | 1 · 146 m² | 8.1 m · 2 fl. |
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.
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BE 0742.735.829
Hove · Eq €113k
Appro-app
BE 0786.765.713
Sint-Gillis (bij-Brussel) · Eq €113k
TMS Services
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Lummen · Eq €113k
Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 15,539 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2007
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.