AXIPHAR
ActiveAXIPHAR has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €292k and a net result of €63k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 75 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability90▲+8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.59 against 4.0 in 2025; short-term debt: 15.8% and cash: 49.8% of total assets), and 19.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
80.4%
Return on assets
17.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-09-2026, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
54 d early
2025
30 d early
2024
16 d early
2023
53 d early
2022
62 d early
2021
26 d early
2020
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€292k▲ 27.2%
2025 · €230k
2019: €206k
2020: €213k
2021: €198k
2022: €164k
2023: €171k
2024: €196k
2025: €230k
2019 → 2026
Total assets
€363k▲ 18.1%
2025 · €308k
2019: €331k
2020: €320k
2021: €308k
2022: €262k
2023: €258k
2024: €278k
2025: €308k
2019 → 2026
Net result
€63k▲ 85.3%
2025 · €34k
2019: €28k
2020: €6k
2021: €15k
2022: €25k
2023: €7k
2024: €25k
2025: €34k
2019 → 2026
Working capital
€207k▲ 37.7%
2025 · €150k
2019: €146k
2020: €154k
2021: €138k
2022: €103k
2023: €109k
2024: €119k
2025: €150k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€164k-€171k▲ 4.3%€196k▲ 14.4%€230k▲ 17.2%€292k▲ 27.2%
Operating result€42k-€17k▼ 59.0%€41k▲ 142%€54k▲ 30.0%€93k▲ 71.8%
Net result€25k-€7k▼ 71.2%€25k▲ 247%€34k▲ 36.6%€63k▲ 85.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 72% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €363k
Fixed assets
€99k▼ 7.7%
Current assets
€264k▲ 32.0%
Equity and liabilities €363k
Equity
€292k▲ 27.2%
Debt
€71k▼ 8.8%
The debt ratio falls from 25.3% to 19.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104k▲
2025 · €65k
Cash flow
€74k▲
2025 · €45k
Solvency
80.4%▲
2025 · 74.7%
Current ratio
4.59▲
2025 · 4.00
Quick ratio
4.59▲
2025 · 4.00
Debt / equity
0.24▼
2025 · 0.34
ROE
21.4%▲
2025 · 14.7%
ROA
17.2%▲
2025 · 11.0%
Interest coverage
16.67▲
2025 · 11.84
Debt
€71k▼
2025 · €78k
Debt ≤ 1 year
€58k▲
2025 · €50k
Debt > 1 year
€12k▼
2025 · €27k
Income taxes
€25k▲
2025 · €16k
Staff costs
€61k▲
2025 · €54k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€308k€363k▲
Fixed assets21/28€108k€99k▼
Tangible fixed assets22/27€107k€99k▼
Land and buildings22€96k€89k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€538€538=
Current assets29/58€200k€264k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€81k€65k▼
Trade receivables40€72k€52k▼
Other amounts receivable41€9k€13k▲
Current investments50/53€15k€15k=
Cash at bank and in hand54/58€102k€181k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€308k€363k▲
Equity10/15€230k€292k▲
Contributions10/11€6k€6k=
Reserves13€224k€286k▲
Distributable reserves133€224k€286k▲
Amounts payable17/49€78k€71k▼
Amounts payable after more than one year17€27k€12k▼
Financial debts170/4€27k€12k▼
Amounts payable within one year42/48€50k€58k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€17k€18k▲
Suppliers440/4€17k€18k▲
Taxes, remuneration and social security45€18k€24k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9€8k€9k▲
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20252026
Remuneration, social security and pensions62€54k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€125k€168k▲
Operating profit (loss)9901€54k€93k▲
Financial income75/76B€915€1k▲
Recurring financial income75€915€1k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€49k€88k▲
Income taxes67/77€16k€25k▲
Profit (loss) for the period9904€34k€63k▲
Profit (loss) for the period to be appropriated9905€34k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€63k▲
Transfer to equity691/2€34k€63k▲
To other reserves6921€34k€63k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €63k ▲85.3%
Operating result €93k, net result €63k, both a record.
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €200kEq €230k ▲17.2%
7 profitable years in a row build equity to €230k.
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €6k ▼76.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Antwerpen · 1 establishment unit since 1999
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.
Bist 96D2180 AntwerpenGround area
264 m²
Building footprint
69 m²
Volume, LiDAR
449 m³
Parcel 11364F0158/00P004, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bist 96D, 2180 Antwerpen
since 19992.091.865.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11364F0158/00P004 | Flanders | 264 m² | 1 · 69 m² | 7.5 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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SACARA INVEST
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-1999
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74854
82100Office administrative and support services
82110Office administrative, office support and other business support activities
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.