Equity
AXIO has made a profit without a break since 2020.
AXIO has made a profit without a break since 2020.
The result fell in 2025: the 2024 profit included a one-off income of €1.8m.
Green is investment, beige is depreciation.
Short-term debts rose from €41,865 to €358,754.
Merger with D&S Invest. Merger on 07-02-2025.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 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 70, small). It does better than 46% of them on solvency, 47% on liquidity, 48% on profitability and 71% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 1,579 companies had the same profile as AXIO has now. Each dot stands for 4 companies, two years later.
That fits the bankruptcy probability of AXIO itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for AXIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 13.22 (64.01 in 2024), above the usual 1.5. Short-term debt is 3.8% and cash 0.2% of total assets. However, 52.7% 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 37 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 2 companies, TERRAMICI and CS Immo
Board & ownershipThese companies have the same main activity as AXIO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €8m and €13m, founded between 1983 and 1990.
AXIO files the micro format. That format states no turnover. The gross margin rose from €263,580 in 2006 to €1.1m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.1m. Estimated: probably between €1.4m and €2.7m.
Higher than 43% of 39,360 companies in 2025.
Higher than 92% of 38,044 companies in 2025.
Higher than 35% of 38,516 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
9.5m | 7.3m | 7.2m | 5.7m | 5.6m | 5.5m | 4.5m | 5.8m | 3.9m | 2.9m | 2.6m | 2.8m | 2.7m | 1.9m | 4.3m | 4.6m | 4.5m | 4.6m | 3.9m | 4.0m | |
21/28 |
4.7m | 4.7m | 3.9m | 3.6m | 3.5m | 3.2m | 2.3m | 2.5m | 2.5m | 2.5m | 2.5m | 2.6m | 2.5m | 1.4m | 3.5m | 3.6m | 3.8m | 3.9m | 3.9m | 4.0m | |
21 |
- | - | 0 | 488 | 1,216 | 3,001 | 7,083 | 28,726 | 51,120 | 69,186 | 80,000 | - | - | - | - | - | - | - | - | - | |
22/27 |
3.9m | 3.9m | 3.3m | 2.8m | 3.0m | 3.1m | 2.1m | 1.3m | 1.4m | 1.3m | 1.4m | 1.5m | 1.3m | 1.3m | 972,830 | 1.0m | 1.3m | 1.4m | 1.3m | 1.3m | |
22 |
3.9m | 3.8m | 3.1m | 2.6m | 2.8m | 2.8m | 1.8m | 1.2m | 1.2m | 1.3m | 1.4m | 1.4m | 1.3m | 1.3m | 956,935 | 1.0m | 1.3m | 1.4m | 1.3m | 1.3m | |
23 |
15,608 | 18,291 | 2,373 | 3,990 | 1,112 | 3,261 | 15,371 | 27,310 | 39,717 | 47,236 | 1,210 | 1,824 | 1,251 | 2,379 | 3,425 | 5,171 | 2,723 | 4,025 | 788 | - | |
24 |
71,493 | 95,412 | 119,214 | 149,023 | 197,548 | 257,949 | 310,961 | 90,570 | 129,768 | 17,072 | 28,379 | 26,277 | 7,483 | 9,587 | 12,471 | 18,198 | 7,066 | 10,495 | 2,147 | 12,268 | |
28 |
772,400 | 772,400 | 603,273 | 826,815 | 514,415 | 158,547 | 173,547 | 1.2m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 86,949 | 2.6m | 2.6m | 2.5m | 2.5m | 2.6m | 2.7m | |
29/58 |
4.7m | 2.7m | 3.4m | 2.1m | 2.1m | 2.3m | 2.2m | 3.3m | 1.4m | 441,636 | 125,299 | 227,217 | 233,006 | 525,189 | 773,666 | 962,876 | 711,317 | 688,518 | 20,506 | 20,163 | |
29 |
3.2m | 973,957 | 1.4m | 1.7m | 1.4m | 1.9m | 2.0m | 2.6m | 1.2m | 58,562 | 56,351 | 60,464 | 181,590 | 171,871 | 178,301 | 881,196 | 429,251 | 241,000 | - | - | |
291 |
3.2m | 973,957 | 1.4m | 1.7m | 1.4m | 1.9m | 2.0m | 2.6m | 1.2m | 58,562 | 56,351 | 60,464 | 181,590 | 171,871 | 178,301 | 881,196 | 429,251 | 241,000 | - | - | |
3 |
11,110 | 13,636 | 155,345 | 157,844 | 172,921 | 15,176 | 11,600 | 187,375 | 4,588 | 1,034 | - | - | - | - | - | - | - | - | - | - | |
30/36 |
11,110 | 13,636 | 155,345 | 157,844 | 172,921 | 15,176 | 11,600 | 187,375 | 4,588 | 1,034 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
1.5m | 303,637 | 1.6m | 38,360 | 59,153 | 280,966 | 37,335 | 193,063 | 18,442 | 33,023 | 27,930 | 89,897 | 31,385 | 28,098 | 56,580 | 2,214 | 169,004 | 55,643 | 168 | 189 | |
40 |
21,028 | 11,269 | 18,124 | 22,114 | 29,610 | 45,615 | 37,335 | 190,879 | 15,250 | 33,009 | 27,921 | 89,677 | 28,075 | 21,251 | 55,653 | 680 | 167,546 | 55,046 | - | 20 | |
41 |
1.5m | 292,368 | 1.6m | 16,246 | 29,543 | 235,351 | - | 2,183 | 3,192 | 14 | 9 | 220 | 3,309 | 6,847 | 928 | 1,534 | 1,457 | 597 | 168 | 169 | |
50/53 |
- | - | 0 | 1,245 | 1,169 | 1,140 | 1,948 | 1,511 | 1,055 | 1,254 | 969 | 51,835 | 2,523 | 299,476 | 67,513 | 62,706 | 98,855 | 366,804 | 3,184 | 5,644 | |
54/58 |
14,534 | 1.4m | 219,441 | 192,460 | 367,892 | 43,309 | 70,245 | 335,310 | 157,816 | 347,601 | 35,927 | 20,018 | 2,287 | 18,234 | 462,420 | 8,961 | 3,129 | 9,316 | 9,750 | 5,603 | |
490/1 |
12,461 | 10,332 | 12,621 | 10,789 | 32,664 | 55,547 | 35,651 | 1,238 | 1,184 | 162 | 4,123 | 5,003 | 15,221 | 7,510 | 8,852 | 7,800 | 11,078 | 15,755 | 7,404 | 8,727 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
9.5m | 7.3m | 7.2m | 5.7m | 5.6m | 5.5m | 4.5m | 5.8m | 3.9m | 2.9m | 2.6m | 2.8m | 2.7m | 1.9m | 4.3m | 4.6m | 4.5m | 4.6m | 3.9m | 4.0m | |
10/15 |
4.5m | 3.9m | 2.2m | 440,405 | 464,816 | 306,896 | 187,657 | 226,551 | 110,992 | 176,101 | -313,891 | -276,630 | -302,140 | -236,241 | 2.1m | 2.1m | 1.9m | 1.8m | 1.4m | 1.3m | |
10/11 |
502,804 | 502,804 | 502,804 | 61,500 | 61,500 | 61,500 | 2.3m | 2.3m | 2.3m | 2.3m | 1.8m | 1.8m | 1.8m | 1.8m | 1.6m | 1.6m | 1.6m | 1.6m | 1.3m | 1.3m | |
10 |
502,804 | 502,804 | 502,804 | 61,500 | 61,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
502,804 | 502,804 | 502,804 | 61,500 | 61,500 | 61,500 | 2.3m | 2.3m | 2.3m | 2.3m | 1.8m | 1.8m | 1.8m | 1.8m | 1.6m | 1.6m | 1.6m | 1.6m | 1.3m | 1.3m | |
12 |
20,722 | 23,632 | 23,632 | 23,632 | 23,632 | 23,632 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
4.0m | 3.3m | 1.7m | 355,273 | 379,685 | 221,764 | 250,008 | 275,602 | 267,226 | 289,700 | 346,009 | 369,422 | 408,792 | 439,789 | 451,668 | 505,527 | 319,635 | 325,835 | 123,530 | 124,534 | |
130/1 |
50,280 | 50,280 | 50,280 | 6,150 | 6,150 | 6,150 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
50,280 | 50,280 | 50,280 | 6,150 | 6,150 | 6,150 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 18,108 | 10,000 | 10,000 | 10,000 | |
132 |
1.0m | 330,545 | 136,859 | 155,298 | 180,832 | 206,366 | 231,900 | 257,494 | 249,118 | 271,592 | 295,029 | 318,442 | 357,812 | 388,809 | 400,688 | 407,747 | 196,993 | 211,302 | 8,996 | 10,000 | |
133 |
2.9m | 3.0m | 1.5m | 193,826 | 192,703 | 9,249 | - | - | - | - | 32,872 | 32,872 | 32,872 | 32,872 | 32,872 | 79,673 | 104,534 | 104,534 | 104,534 | 104,534 | |
14 |
- | 0 | 0 | - | - | - | -2.4m | -2.4m | -2.5m | -2.4m | -2.5m | -2.5m | -2.5m | -2.5m | - | - | - | -117,167 | -78,270 | -136,309 | |
16 |
334,765 | 110,158 | 45,596 | 51,742 | 60,253 | 68,765 | 77,276 | 85,787 | 128,209 | 139,781 | 152,000 | 164,246 | 184,710 | 200,828 | 207,102 | 210,894 | 102,530 | 110,054 | 6,040 | 6,714 | |
168 |
334,765 | 110,158 | 45,596 | 51,742 | 60,253 | 68,765 | 77,276 | 85,787 | 128,209 | 139,781 | 152,000 | 164,246 | 184,710 | 200,828 | 207,102 | 210,894 | 102,530 | 110,054 | 6,040 | 6,714 | |
17/49 |
4.6m | 3.4m | 5.0m | 5.2m | 5.1m | 5.1m | 4.2m | 5.5m | 3.7m | 2.6m | 2.8m | 2.9m | 2.8m | 2.0m | 2.0m | 2.2m | 2.5m | 2.7m | 2.5m | 2.7m | |
17 |
4.3m | 3.3m | 4.8m | 4.9m | 5.0m | 4.6m | 4.1m | 5.3m | 3.5m | 2.4m | 2.8m | 2.8m | 2.8m | 1.9m | 1.9m | 1.9m | 2.2m | 2.3m | 2.2m | 2.3m | |
170/4 |
710,591 | 710,591 | 1.4m | - | - | - | - | - | - | - | - | 21,176 | 49,412 | 77,647 | 150,000 | 190,000 | 410,562 | 617,825 | 825,088 | 1.0m | |
178/9 |
3.6m | 2.6m | 3.4m | 4.9m | 5.0m | 4.6m | 4.1m | 5.3m | 3.5m | 2.4m | 2.8m | 2.8m | 2.7m | 1.8m | 1.7m | 1.7m | 1.8m | 1.7m | 1.4m | 1.3m | |
42/48 |
358,754 | 41,865 | 187,096 | 307,378 | 8,285 | 463,611 | 123,814 | 150,161 | 146,661 | 194,988 | 14,678 | 77,782 | 41,503 | 50,479 | 166,197 | 303,918 | 251,558 | 354,295 | 327,820 | 335,469 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 28,235 | 28,235 | 28,235 | 40,000 | 114,400 | 207,263 | 207,263 | 207,263 | 207,263 | |
43 |
100,001 | - | - | - | - | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
100,001 | - | - | - | - | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
3,767 | 7,708 | 87,869 | 4,412 | 8,285 | 29,830 | 30,701 | 2,455 | 5,152 | 6,441 | 6,456 | 46,160 | 12,760 | 21,473 | 12,859 | 41,297 | 3,547 | 10,943 | 894 | 2,320 | |
440/4 |
3,767 | 7,708 | 87,869 | 4,412 | 8,285 | 29,830 | 30,701 | 2,455 | 5,152 | 6,441 | 6,456 | 46,160 | 12,760 | 21,473 | 12,859 | 41,297 | 3,547 | 10,943 | 894 | 2,320 | |
45 |
77,472 | 34,157 | 34,227 | 12,566 | - | 6,781 | 2,113 | 74,256 | 43,676 | 65,798 | 8,222 | 3,387 | - | - | 5,720 | 25,043 | 11,698 | 27,646 | 24,125 | 15,030 | |
450/3 |
77,472 | 34,157 | 34,227 | 12,566 | - | 6,781 | 2,113 | 74,256 | 43,676 | 65,798 | 8,222 | 3,387 | - | - | 5,720 | 25,043 | 10,250 | 23,982 | 22,282 | 13,621 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,448 | 3,664 | 1,843 | 1,410 | |
47/48 |
177,514 | 0 | 65,000 | 290,400 | - | 177,000 | 91,000 | 73,449 | 97,834 | 122,749 | - | - | 507 | 771 | 107,619 | 123,177 | 29,050 | 108,443 | 95,538 | 110,855 | |
492/3 |
1,176 | 14,590 | 2,465 | 22,199 | 43,821 | 44,987 | 32,860 | 2,468 | 2,453 | 2,671 | 1,123 | 1,062 | - | 508 | 68 | 2,129 | 2,805 | 4,132 | 4,068 | 33,064 | |
| Income statement | |||||||||||||||||||||
76A |
1.0m | 291,121 | 0 | 500 | - | 160,000 | 34,904 | - | 2,953 | 21,960 | 34,733 | 14,351 | - | 2,750 | 409 | 329,968 | 13,283 | 336,624 | 780 | 147 | |
9900 |
1.1m | 453,808 | 390,494 | 500,141 | 274,440 | 347,123 | 221,593 | 390,904 | 288,185 | 310,502 | 50,858 | 136,895 | 51,093 | 68,545 | 142,844 | 174,971 | 254,328 | 247,826 | 234,459 | 263,580 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,168 | 16,586 | 13,203 | 10,841 | |
630 |
242,850 | 244,893 | 206,118 | 175,704 | 207,078 | 201,991 | 260,365 | 167,578 | 172,518 | 130,739 | 121,210 | 141,351 | 131,508 | 84,974 | 72,659 | 76,940 | 79,318 | 120,152 | 79,213 | 135,924 | |
631/4 |
0 | 880 | 1,954 | 4,564 | 6,100 | - | 374 | -725 | -27,834 | - | - | - | - | 29,165 | - | - | - | - | - | - | |
640/8 |
44,889 | 46,803 | 47,281 | 31,990 | 31,507 | 31,012 | 16,999 | 14,483 | 44,000 | 19,228 | 13,688 | 13,495 | 12,712 | 11,887 | 16,098 | 16,737 | 20,825 | 17,956 | 13,922 | 4,467 | |
66A |
0 | 15,736 | - | - | - | 1,629 | 176 | 122 | 8,189 | 10,889 | - | - | - | 2.5m | 65 | - | - | 3,715 | - | 40 | |
9901 |
858,660 | 145,496 | 135,141 | 287,883 | 29,754 | 112,490 | -56,320 | 209,446 | 91,312 | 149,646 | -84,039 | -17,951 | -93,127 | -57,482 | 54,086 | 81,294 | 136,017 | 93,133 | 128,121 | 112,349 | |
75/76B |
229,187 | 1.6m | 1.2m | 47,101 | 233,750 | 237,476 | 103,665 | 16,309 | 7,779 | 2,550 | 3,491 | 11,031 | 14,006 | 20,758 | 22,946 | 49,440 | 32,692 | 12,572 | 92,999 | 12,675 | |
75 |
219,187 | 88,708 | 57,971 | 47,101 | 60,640 | 77,476 | 103,665 | 16,309 | 4,825 | 2,550 | 3,491 | 11,031 | 14,006 | 20,758 | 22,946 | 49,440 | 32,692 | 12,572 | 92,999 | 12,675 | |
76B |
10,000 | 1.5m | 1.1m | - | 173,110 | 160,000 | - | - | 2,953 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
257,830 | 6,192 | 83,787 | 63,724 | 104,674 | 84,708 | 94,215 | 152,241 | 175,474 | 174,422 | 3,693 | 2,384 | 2,896 | 6,237 | 135,028 | 166,445 | 67,545 | 171,191 | 165,539 | 167,998 | |
65 |
257,830 | 6,192 | 83,787 | 63,724 | 82,674 | 84,708 | 93,588 | 152,241 | 175,474 | 174,422 | 3,693 | 2,384 | 2,896 | 6,237 | 135,028 | 166,445 | 67,545 | 171,191 | 165,539 | 167,998 | |
66B |
- | - | - | - | 22,000 | - | 627 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
830,018 | 1.8m | 1.3m | 271,260 | 158,830 | 265,258 | -46,870 | 73,515 | -76,383 | -22,227 | -49,508 | 5,047 | -82,017 | -2.5m | -57,652 | 294,257 | 114,447 | 267,423 | 56,361 | -42,867 | |
780 |
24,750 | 6,348 | 6,347 | 8,511 | 8,511 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
249,357 | 70,910 | 201 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
-2,029 | 2,685 | 21,413 | 14,183 | 9,421 | 1,162 | 536 | 377 | 298 | - | 0 | - | - | 37 | - | - | 23 | - | - | - | |
9904 |
607,439 | 1.7m | 1.2m | 265,589 | 157,920 | 272,608 | -38,894 | 81,649 | -65,109 | -10,008 | -37,262 | 25,511 | -65,899 | -2.5m | -53,860 | 185,892 | 118,216 | 163,409 | 57,035 | -42,193 | |
789 |
74,249 | 19,044 | 19,040 | 25,534 | 25,534 | 25,534 | 25,594 | 25,534 | 22,473 | 23,437 | 23,477 | 39,437 | 30,997 | 11,878 | 7,059 | 7,059 | 7,059 | 19,840 | 1,004 | 1,004 | |
689 |
748,072 | 212,730 | 602 | - | - | - | - | - | - | - | 64 | 68 | - | - | - | 217,812 | - | 222,146 | - | - | |
9905 |
-66,383 | 1.5m | 1.3m | 291,123 | 183,454 | 298,142 | -13,300 | 107,183 | -42,635 | 13,430 | -13,849 | 64,880 | -34,901 | -2.5m | -46,801 | -24,861 | 125,275 | -38,897 | 58,039 | -41,189 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-66,383 | 1.5m | 1.3m | 291,123 | 183,454 | -2.1m | -2.4m | -2.4m | -2.5m | -2.5m | -2.5m | -2.5m | -2.5m | -2.5m | -46,801 | -24,861 | 8,108 | -117,167 | -78,270 | -136,309 | |
791/2 |
66,383 | - | - | - | - | 2.3m | - | - | - | 32,872 | - | - | - | - | 46,801 | 24,861 | - | - | - | - | |
691/2 |
0 | 1.5m | 1.2m | 1,123 | 183,454 | 9,249 | - | - | - | - | - | - | - | - | - | - | 8,108 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,108 | - | - | - | |
6921 |
0 | 1.5m | 1.2m | 1,123 | 183,454 | 9,249 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 0 | 65,000 | 290,000 | - | 177,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | 0 | 65,000 | 290,000 | - | 177,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.8 | 0.7 | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,339 | 1,280 | 1,078 | 872 | |
| Document | |||||||||||||||||||||
The accounts for 19 older financial years (1987-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-05-2026 | 2026-00124746 | |
| 31-12-2024 | abbreviated format | 29-07-2025 | 2025-00325561 | |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00171548 | |
| 31-12-2022 | abbreviated format | 28-03-2023 | 2023-00051834 | |
| 31-12-2021 | abbreviated format | 11-07-2022 | 2022-20168543 | |
| 31-12-2020 | abbreviated format | 27-08-2021 | 2021-56700287 | |
| 31-12-2019 | abbreviated format | 23-06-2020 | 2020-19900348 | |
| 31-12-2018 | abbreviated format | 24-07-2019 | 2019-37500517 | |
| 31-12-2017 | abbreviated format | 20-07-2018 | 2018-35500591 | |
| 31-12-2016 | abbreviated format | 15-06-2017 | 2017-18100328 | |
| 31-12-2015 | abbreviated format | 16-06-2016 | 2016-19500097 | |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-30900077 | |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-29000148 | |
| 31-12-2012 | abbreviated format | 18-07-2013 | 2013-31400184 | |
| 31-12-2011 | abbreviated format | 17-07-2012 | 2012-29800395 | |
| 31-12-2010 | abbreviated format | 20-07-2011 | 2011-30900516 | |
| 31-12-2009 | abbreviated format | 20-07-2010 | 2010-31500505 | |
| 31-12-2008 | abbreviated format | 25-06-2009 | 2009-27200045 | |
| 31-12-2007 | abbreviated format | 20-06-2008 | 2008-25000061 | |
| 31-12-2006 | abbreviated format | 18-06-2007 | 2007-22900117 | |
| 31-12-2005 | abbreviated format | 06-06-2006 | 2006-20200173 | |
| 31-12-2004 | abbreviated format | 24-06-2005 | 2005-33202253 | |
| 31-12-2003 | abbreviated format | 28-06-2004 | 2004-33701738 | |
| 31-12-2002 | abbreviated format | 19-08-2003 | 2003-62300082 | |
| 31-12-2001 | abbreviated format | 10-06-2002 | 2002-19005040 | |
| 31-12-2000 | abbreviated format | 05-06-2001 | 2001-17500302 | |
| 31-12-1999 | abbreviated format | 08-06-2000 | 2000-19703634 | |
| 31-12-1998 | abbreviated format | 17-06-1999 | 1999-19501881 | |
| 31-12-1997 | abbreviated format | 10-08-1998 | 1998-39702220 | |
| 31-12-1996 | abbreviated format | 14-07-1997 | 1997-30203607 | |
| 31-12-1995 | abbreviated format | 26-06-1996 | 1996-23601819 | |
| 31-12-1994 | abbreviated format | 09-06-1995 | 1995-22503320 | |
| 31-12-1993 | abbreviated format | 29-06-1994 | 1994-22605305 | |
| 31-12-1992 | abbreviated format | 25-06-1993 | 1993-17700062 | |
| 31-12-1991 | abbreviated format | 03-06-1992 | 1992-08204843 | |
| 31-12-1990 | abbreviated format | 03-06-1992 | 1992-08204867 | |
| 31-12-1989 | abbreviated format | 24-06-1992 | 1992-14900340 | |
| 31-12-1988 | abbreviated format | 24-06-1992 | 1992-14900352 | |
| 31-12-1987 | abbreviated format | 03-06-1992 | 1992-08204879 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.1m | 390,390 | 341,259 | 463,588 | 236,833 | 314,481 | 204,045 | 377,024 | 263,830 | 280,385 | 37,171 | 123,400 | 38,381 | 27,492 | 126,746 | 158,233 | 215,335 | 213,284 | 207,334 | 248,273 | ||
| 850,289 | 1.9m | 1.4m | 441,293 | 364,999 | 474,599 | 221,471 | 249,226 | 107,409 | 120,732 | 83,948 | 166,861 | 65,609 | -2.4m | 18,800 | 262,832 | 197,534 | 283,560 | 136,248 | 93,731 | ||
| 458,581 | 1.1m | 1.2m | 371,258 | 501,397 | 1.2m | 2.1m | 122,884 | 259,016 | 77,309 | 128,887 | 268,605 | 1.2m | 432,486 | 900 | 53,561 | 4,721 | 444,275 | 5,163 | 617,095 | ||
| -1.4m | 1.2m | 26,981 | -175,432 | 324,583 | -26,936 | -265,065 | 177,494 | -189,785 | 311,675 | 15,909 | 17,731 | -15,947 | -444,185 | 453,458 | 5,832 | -6,187 | -434 | 4,147 | - | ||
| 4.4m | 2.6m | 3.2m | 1.8m | 2.1m | 1.8m | 2.1m | 3.2m | 1.2m | 246,649 | 110,621 | 149,435 | 191,502 | 474,710 | 607,468 | 658,958 | 459,758 | 334,223 | -307,315 | -315,305 | ||
| 47.3% | 52.7% | 30.1% | 7.8% | 8.3% | 5.6% | 4.2% | 3.9% | 2.9% | 6.1% | -11.9% | -9.9% | -11.1% | -12.2% | 48.2% | 46.6% | 42.8% | 39.9% | 35.0% | 32.7% | ||
| 13.22 | 64.01 | 18.03 | 6.77 | - | 4.93 | 17.58 | 22.21 | 9.39 | 2.26 | 8.54 | 2.92 | 5.61 | 10.40 | 4.66 | 3.17 | 2.83 | 1.94 | 0.06 | 0.06 | ||
| 13.19 | 63.68 | 17.20 | 6.25 | - | 4.89 | 17.49 | 20.97 | 9.36 | 2.26 | 8.54 | 2.92 | 5.61 | 10.40 | 4.66 | 3.17 | 2.83 | 1.94 | 0.06 | 0.06 | ||
| 1.04 | 0.87 | 2.30 | 11.77 | 10.90 | 16.75 | 22.60 | 24.26 | 32.93 | 14.64 | - | - | - | - | 0.98 | 1.05 | 1.28 | 1.45 | 1.85 | 2.06 | ||
| 13.6% | 43.8% | 57.1% | 60.3% | 34.0% | 88.8% | -20.7% | 36.0% | -58.7% | -5.7% | - | - | - | - | -2.6% | 8.7% | 6.1% | 8.9% | 4.2% | -3.2% | ||
| 6.4% | 23.1% | 17.2% | 4.7% | 2.8% | 4.9% | -0.9% | 1.4% | -1.7% | -0.3% | -1.4% | 0.9% | -2.4% | -130.0% | -1.2% | 4.1% | 2.6% | 3.6% | 1.5% | -1.0% | ||
| 4.27 | 63.04 | 4.07 | 7.27 | 2.86 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €250,000 | €250,000 | €250,000 | €125,000 |
| Pledge on other assets, amount secured | €250,000 | €250,000 | €250,000 | €250,000 | €125,000 |
| Carrying value of the other pledged assets | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €458,581 | €894,204 | €1.2m | €58,858 | €145,529 |
| Financial fixed assets | - | €235,000 | - | €312,400 | €355,869 |
| €242,850 | €244,893 | €206,118 | €175,704 | €207,078 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 5.9 times that of 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 45.8% to 49.1%. Equity and debt are higher.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Source for every holding own accounts 2025
| Name | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TERRAMICI | 50% | 50% | ||||||||||||||||||
| CS Immo | 35% | |||||||||||||||||||
| Chapeluur | 12.1% | |||||||||||||||||||
| D & S INVEST | 24.93% | 100% | ||||||||||||||||||
| Immo Toffee | 25% | |||||||||||||||||||
| AGILE INCUBATION COMPANY | 8.38% | 11.25% | 10.32% | 11.14% | 16.14% | |||||||||||||||
| GROEP HUYZENTRUYT INVEST 1 | 5% | |||||||||||||||||||
| THEMELIO | 99.75% | 99.98% | ||||||||||||||||||
| DYNAMO | 33.33% | |||||||||||||||||||
| PROMOLYS | 49.6% | |||||||||||||||||||
| CAPSA | 33.33% | |||||||||||||||||||
| EURIKA | 49% | |||||||||||||||||||
Source: list of holdings in its own accounts
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
AXIO was incorporated on 23 June 1986.1 In 2023 the capital was increased by €441,304 to €502,804.2 D&S Invest was merged into the company in 2025.3
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| AXIO NV registered office 1e Linie-Regimentstraat 15, 8710 Wielsbeke 4634901 Wholesale of beverages, general range | 25-07-1986 | 2.036.078.104 | |
| Wantestraat 12 8780 Oostrozebeke 4634901 Wholesale of beverages, general range | 02-01-2025 | 2.371.521.425 | Food wholesaler - food>3 months |
| Abdijstraat 5 8792 Waregem 4634901 Wholesale of beverages, general range | 02-01-2025 | 2.371.521.524 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 37010D0379/00K000 | 5,742 m² | 1 · 7,252 m² | 10.5 m · 2 |
| 37009B0115/00F000 | 2,167 m² | 1 · 302 m² | 12.0 m · 2 |
| 34010A0287/00W002 | 1,980 m² | - | - |
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