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AXLNTT

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Private limited companyfounded 2019Avenue des Thermes 126, 4050 Chaudfontaine, BelgiumKBO/BCE: BE 0728.496.823
Summary

A bankruptcy procedure is open for AXLNTT according to publications in the Belgian Official Gazette. The 2024 annual accounts show negative equity (-€63,084) and a net result of -€31,181.

AXLNTTOpen bankruptcy

Financials · financial year 2024, micro format

2024 annual accounts filed late (26 days) Filed on 26 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00403001.

Equity
-€63,084▼ 97.7%
2023 · -€31,903
Total assets
€156,580▼ 45.0%
2023 · €284,542
Net result
-€31,181▲ 52.6%
2023 · -€65,792
Working capital
-€91,182▼ 1.5%
2023 · -€89,804
Trend over the years

2020 to 2024, 5 financial years

The operating result stays negative: a loss of €23,012 in 2024 against €55,125 in 2023; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€23,012 2024 Net result-€31,181 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Operating result€25,763-€25,614▼ 0.6%€3,798▼ 85.2%-€55,125-€23,012▲ 58.3%
Net result€14,729within the sector's middle half-€15,924within the sector's middle half▲ 8.1%-€4,404below the sector's middle half-€65,792below the sector's middle half▼ 1,394%-€31,181below the sector's middle half▲ 52.6%
Equity€23,729within the sector's middle half-€39,653within the sector's middle half▲ 67.1%€33,889within the sector's middle half▼ 14.5%-€31,903below the sector's middle half-€63,084below the sector's middle half▼ 97.7%
Total assets€243,102within the sector's middle half-€379,530above the sector's middle half▲ 56.1%€274,784within the sector's middle half▼ 27.6%€284,542above the sector's middle half▲ 3.6%€156,580within the sector's middle half▼ 45.0%
Debt€219,374-€339,876▲ 54.9%€240,896▼ 29.1%€316,445▲ 31.4%€219,665▼ 30.6%
Working capital-€26,746below the sector's middle half--€26,489below the sector's middle half▲ 1.0%-€31,856below the sector's middle half▼ 20.3%-€89,804below the sector's middle half▼ 182%-€91,182below the sector's middle half▼ 1.5%
Solvency9.8%below the sector's middle half-10.4%below the sector's middle half▲ 0.7pp12.3%below the sector's middle half▲ 1.9pp-11.2%below the sector's middle half▼ 23.5pp-40.3%below the sector's middle half▼ 29.1pp
Current ratio0.75below the sector's middle half-0.85within the sector's middle half▲ 0.100.78below the sector's middle half▼ 0.070.47below the sector's middle half▼ 0.310.39below the sector's middle half▼ 0.08
Return on assets (ROA)6.1%within the sector's middle half-4.2%within the sector's middle half▼ 1.9pp-1.6%below the sector's middle half▼ 5.8pp-23.1%below the sector's middle half▼ 21.5pp-19.9%below the sector's middle half▲ 3.2pp
Staff (FTE)0.3below the sector's middle half-1.1▲ 267%1.6▲ 45.5%2.4▲ 50.0%1▼ 58.3%
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156,580
Fixed assets €99,427 ▼ 51.5%
Current assets €57,153 ▼ 28.3%
Equity and liabilities
Equity-€63,084
Debt€219,665
Equity is negative: debt (€219,665) exceeds the balance-sheet total (€156,580).
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,841▼
2023 · €29,067
Cash flow
€6,672▼
2023 · €18,400
Interest coverage
1.82▼
2023 · 2.72
Debt ≤ 1 year
€148,335▼
2023 · €169,492
Debt > 1 year
€71,330▼
2023 · €146,952
Staff costs
€72,095▼
2023 · €116,524
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€284,542€156,580▼
Fixed assets21/28€204,853€99,427▼
Tangible fixed assets22/27€200,609€95,133▼
Plant, machinery and equipment23€13,788€5,426▼
Furniture and vehicles24€186,820€89,707▼
Financial fixed assets28€4,245€4,295▲
Current assets29/58€79,689€57,153▼
Amounts receivable within one year40/41€59,847€31,011▼
Trade receivables40€59,785€31,011▼
Other amounts receivable41€62-
Cash at bank and in hand54/58€19,841€26,142▲
Equity and liabilities
Total equity and liabilities10/49€284,542€156,580▼
Equity10/15-€31,903-€63,084▼
Contributions10/11€9,000€9,000=
Reserves13€13,600€13,600=
Distributable reserves133€13,600€13,600=
Profit (loss) carried forward14-€54,503-€85,684▼
Amounts payable17/49€316,445€219,665▼
Amounts payable after more than one year17€146,952€71,330▼
Financial debts170/4€146,952€71,330▼
Amounts payable within one year42/48€169,492€148,335▼
Current portion of amounts payable after more than one year42€63,303€29,773▼
Financial debts43€5,920€2,485▼
Credit institutions430/8€5,920€2,485▼
Trade debts44€78,731€51,875▼
Suppliers440/4€78,731€51,875▼
Taxes, remuneration and social security45€21,538€47,934▲
Taxes450/3€12,208€33,319▲
Remuneration and social security454/9€9,330€14,616▲
Other amounts payable47/48-€16,266
Income statement Code20232024
Remuneration, social security and pensions62€116,524€72,095▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84,192€37,854▼
Other operating charges640/8€24,031€33,277▲
Gross operating margin9900€169,622€120,213▼
Operating profit (loss)9901-€55,125-€23,012▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€10,667€8,169▼
Recurring financial charges65€10,667€8,169▼
Profit (loss) for the period before taxes9903-€65,792-€31,181▲
Profit (loss) for the period9904-€65,792-€31,181▲
Profit (loss) for the period to be appropriated9905-€65,792-€31,181▲
Appropriation of the result
Profit (loss) to be appropriated9906-€54,503-€85,684▼
Profit (loss) brought forward from the previous period14P€11,289-€54,503▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€52,120€78,426€116,524€72,095▼ 38.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80,305€61,275€77,657€84,192€37,854▼ 55.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€14,283----
Other operating charges640/8-€10,513€12,500€24,031€33,277▲ 38.5%
Gross operating margin9900€190,404€163,805€172,381€169,622€120,213▼ 29.1%
Operating profit (loss)9901€25,763€25,614€3,798-€55,125-€23,012▲ 58.3%
Financial income75/76B-€1€10€0--
Recurring financial income75€1€1€10€0--
Financial charges65/66B-€4,019€8,213€10,667€8,169▼ 23.4%
Recurring financial charges65€4,848€4,019€8,213€10,667€8,169▼ 23.4%
Profit (loss) for the period before taxes9903€20,916€21,595-€4,404-€65,792-€31,181▲ 52.6%
Income taxes67/77€6,187€5,671----
Profit (loss) for the period9904€14,729€15,924-€4,404-€65,792-€31,181▲ 52.6%
Profit (loss) for the period to be appropriated9905€14,729€15,924-€4,404-€65,792-€31,181▲ 52.6%
Line20202021202220232024Change
Assets
Total assets20/58€243,102€379,530€274,784€284,542€156,580▼ 45.0%
Fixed assets21/28€162,304€226,028€162,945€204,853€99,427▼ 51.5%
Tangible fixed assets22/27€162,109€225,833€159,250€200,609€95,133▼ 52.6%
Plant, machinery and equipment23-€47,029€34,828€13,788€5,426▼ 60.6%
Furniture and vehicles24-€141,771€110,426€186,820€89,707▼ 52.0%
Leasing and similar rights25-€37,034€13,996---
Financial fixed assets28€195€195€3,695€4,245€4,295▲ 1.2%
Current assets29/58€80,799€153,501€111,839€79,689€57,153▼ 28.3%
Amounts receivable within one year40/41€41,654€127,548€100,031€59,847€31,011▼ 48.2%
Trade receivables40-€127,264€96,366€59,785€31,011▼ 48.1%
Other amounts receivable41-€284€3,666€62--
Cash at bank and in hand54/58€31,511€22,013€11,808€19,841€26,142▲ 31.8%
Deferred charges and accrued income490/1-€3,941----
Equity and liabilities
Total equity and liabilities10/49€243,102€379,530€274,784€284,542€156,580▼ 45.0%
Equity10/15€23,729€39,653€33,889-€31,903-€63,084▼ 97.7%
Contributions10/11-€9,000€9,000€9,000€9,000=
Reserves13--€13,600€13,600€13,600=
Distributable reserves133--€13,600€13,600€13,600=
Profit (loss) carried forward14€14,729€30,653€11,289-€54,503-€85,684▼ 57.2%
Amounts payable17/49€219,374€339,876€240,896€316,445€219,665▼ 30.6%
Amounts payable after more than one year17€111,829€159,886€97,200€146,952€71,330▼ 51.5%
Financial debts170/4-€159,886€97,200€146,952€71,330▼ 51.5%
Amounts payable within one year42/48€107,545€179,990€143,696€169,492€148,335▼ 12.5%
Current portion of amounts payable after more than one year42-€72,776€62,648€63,303€29,773▼ 53.0%
Financial debts43--€3,485€5,920€2,485▼ 58.0%
Credit institutions430/8--€3,485€5,920€2,485▼ 58.0%
Trade debts44€35,312€66,894€45,600€78,731€51,875▼ 34.1%
Suppliers440/4-€66,894€45,600€78,731€51,875▼ 34.1%
Taxes, remuneration and social security45-€40,320€26,212€21,538€47,934▲ 123%
Taxes450/3-€34,585€18,942€12,208€33,319▲ 173%
Remuneration and social security454/9-€5,735€7,271€9,330€14,616▲ 56.7%
Other amounts payable47/48--€5,750-€16,266-
Line20202021202220232024Change
Profit (loss) for the period9904€14,729€15,924-€4,404-€65,792-€31,181▲ 52.6%
+ Depreciation and write-downs630€80,305€61,275€77,657€84,192€37,854▼ 55.0%
Operating cash flow (approximation)€95,034€77,200€73,252€18,400€6,672▼ 63.7%
Investment in fixed assets (approximation)--€125,000-€14,573-€126,100€67,572-
Change in cash--€9,498-€10,205€8,034€6,301▼ 21.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 micro format 26-08-2025 2025-00403001
31-12-2023 micro format 26-08-2024 2024-00369843
31-12-2022 micro format 11-08-2023 2023-00327075
31-12-2021 micro format 11-08-2022 2022-20282459
31-12-2020 micro format 11-08-2021 2021-47700221

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 12,347 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,197. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.