AXMA
ActiveSummary
AXMA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €128,166. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 30.26 against 38.48 in 2024; short-term debt: 1.8% and cash: 38.5% of total assets), and 1.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.2%
Return on assets
6.5%
Age of the figures
9 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
62 d early
2023
62 d early
2022
60 d early
2021
65 d early
2020
66 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 63 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.9m▲ 1.6%
2024 · €1.9m
Total assets
€2.0m▲ 2.0%
2024 · €1.9m
Net result
€128,166▲ 0.8%
2024 · €127,107
Working capital
€1.1m▲ 8.3%
2024 · €978,246
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€127,960▲ 1.9%€80,790▼ 36.9%€129,709▲ 60.6%€158,316▲ 22.1%€157,728▼ 0.4%
Net result€85,309above the sector's middle half▲ 4.6%€67,308above the sector's middle half▼ 21.1%€91,873above the sector's middle half▲ 36.5%€127,107above the sector's middle half▲ 38.4%€128,166above the sector's middle half▲ 0.8%
Equity€1.7mabove the sector's middle half▲ 5.3%€1.8mabove the sector's middle half▲ 3.9%€1.9mabove the sector's middle half▲ 5.2%€1.9mabove the sector's middle half▲ 2.7%€1.9mabove the sector's middle half▲ 1.6%
Total assets€2.0mabove the sector's middle half▲ 3.9%€1.8mabove the sector's middle half▼ 8.9%€1.9mabove the sector's middle half▲ 6.1%€1.9mabove the sector's middle half▲ 2.4%€2.0mabove the sector's middle half▲ 2.0%
Debt€256,548▼ 4.1%€14,901▼ 94.2%€31,803▲ 113%€27,349▼ 14.0%€36,196▲ 32.3%
Working capital€1.1mabove the sector's middle half▲ 8.7%€820,288above the sector's middle half▼ 26.9%€943,396above the sector's middle half▲ 15.0%€978,246above the sector's middle half▲ 3.7%€1.1mabove the sector's middle half▲ 8.3%
Solvency86.9%above the sector's middle half▲ 1.1pp99.2%above the sector's middle half▲ 12.2pp98.3%above the sector's middle half▼ 0.8pp98.6%above the sector's middle half▲ 0.3pp98.2%above the sector's middle half▼ 0.4pp
Current ratio5.37above the sector's middle half▲ 0.5156.05above the sector's middle half▲ 50.6830.66above the sector's middle half▼ 25.3938.48above the sector's middle half▲ 7.8230.26above the sector's middle half▼ 8.23
Return on assets (ROA)4.3%within the sector's middle half=3.8%within the sector's middle half▼ 0.6pp4.8%within the sector's middle half▲ 1.1pp6.5%within the sector's middle half▲ 1.7pp6.5%within the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€887,789 ▼ 5.4%
Current assets
€1.1m ▲ 9.0%
Equity and liabilities €2.0m
Equity
€1.9m ▲ 1.6%
Debt
€36,196 ▲ 32.3%
Debt's share of the balance-sheet total rises from 1.4% to 1.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€208,873▼
2024 · €209,461
Cash flow
€179,311▲
2024 · €178,252
Debt to equity
0.02▲
2024 · 0.01
ROE
6.6%▼
2024 · 6.6%
Interest coverage
504.52▼
2024 · 2276.75
Debt ≤ 1 year
€36,196▲
2024 · €26,098
Income taxes
€54,657▲
2024 · €53,341
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,800 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,302 | €85,182 | €37,569 | €51,145 | €51,145 | = |
| Other operating charges640/8 | €8,448 | €8,533 | €8,868 | €9,120 | €9,395 | ▲ 3.0% |
| Gross operating margin9900 | €172,710 | €174,505 | €176,146 | €218,581 | €218,268 | ▼ 0.1% |
| Operating profit (loss)9901 | €127,960 | €80,790 | €129,709 | €158,316 | €157,728 | ▼ 0.4% |
| Financial income75/76B | €960 | €11,871 | €10,638 | €22,224 | €25,509 | ▲ 14.8% |
| Recurring financial income75 | €960 | €11,871 | €10,638 | €22,224 | €25,509 | ▲ 14.8% |
| Financial charges65/66B | €9,251 | €1,200 | €85 | €92 | €414 | ▲ 350% |
| Recurring financial charges65 | €9,251 | €1,200 | €85 | €92 | €414 | ▲ 350% |
| Profit (loss) for the period before taxes9903 | €119,669 | €91,461 | €140,262 | €180,448 | €182,823 | ▲ 1.3% |
| Income taxes67/77 | €34,360 | €24,153 | €48,389 | €53,341 | €54,657 | ▲ 2.5% |
| Profit (loss) for the period9904 | €85,309 | €67,308 | €91,873 | €127,107 | €128,166 | ▲ 0.8% |
| Profit (loss) for the period to be appropriated9905 | €85,309 | €67,308 | €91,873 | €127,107 | €128,166 | ▲ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.8m | €1.9m | €1.9m | €2.0m | ▲ 2.0% |
| Fixed assets21/28 | €584,716 | €953,413 | €922,178 | €938,909 | €887,789 | ▼ 5.4% |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €584,716 | €953,413 | €922,178 | €938,909 | €887,789 | ▼ 5.4% |
| Land and buildings22 | €551,718 | €927,578 | €898,438 | €869,298 | €840,159 | ▼ 3.4% |
| Plant, machinery and equipment23 | €7,245 | €6,520 | €5,068 | €8,872 | €6,881 | ▼ 22.4% |
| Furniture and vehicles24 | €25,753 | €19,315 | €18,672 | €60,739 | €40,749 | ▼ 32.9% |
| Current assets29/58 | €1.4m | €835,189 | €975,199 | €1.0m | €1.1m | ▲ 9.0% |
| Amounts receivable after more than one year29 | - | €165,000 | €92,063 | €0 | - | - |
| Other amounts receivable291 | - | €165,000 | €92,063 | €0 | - | - |
| Amounts receivable within one year40/41 | €52,779 | €18,610 | €124,197 | €161,724 | €9,038 | ▼ 94.4% |
| Trade receivables40 | €52,779 | €18,610 | €51,259 | €69,661 | €3,716 | ▼ 94.7% |
| Other amounts receivable41 | - | - | €72,938 | €92,063 | €5,322 | ▼ 94.2% |
| Current investments50/53 | €35,103 | €9,385 | €9,385 | €11,915 | €318,057 | ▲ 2,569% |
| Cash at bank and in hand54/58 | €1.3m | €642,194 | €749,554 | €830,705 | €764,433 | ▼ 8.0% |
| Deferred charges and accrued income490/1 | €16 | - | - | - | €3,697 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.8m | €1.9m | €1.9m | €2.0m | ▲ 2.0% |
| Equity10/15 | €1.7m | €1.8m | €1.9m | €1.9m | €1.9m | ▲ 1.6% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Capital10 | €63,000 | - | - | - | - | - |
| Issued capital100 | €63,000 | - | - | - | - | - |
| Reserves13 | €467,293 | €534,601 | €626,474 | €676,804 | €707,718 | ▲ 4.6% |
| Non-distributable reserves130/1 | €6,300 | €6,300 | €6,300 | - | - | - |
| Legal reserve130 | €6,300 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €6,300 | €6,300 | - | - | - |
| Distributable reserves133 | €460,993 | €528,301 | €620,174 | €676,804 | €707,718 | ▲ 4.6% |
| Profit (loss) carried forward14 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Amounts payable17/49 | €256,548 | €14,901 | €31,803 | €27,349 | €36,196 | ▲ 32.3% |
| Amounts payable within one year42/48 | €256,548 | €14,901 | €31,803 | €26,098 | €36,196 | ▲ 38.7% |
| Current portion of amounts payable after more than one year42 | €199,716 | - | - | - | - | - |
| Trade debts44 | €32,952 | €145 | €2,881 | €3,712 | €6,718 | ▲ 81.0% |
| Suppliers440/4 | €32,952 | €145 | €2,881 | €3,712 | €6,718 | ▲ 81.0% |
| Taxes, remuneration and social security45 | €23,880 | €14,756 | €28,922 | €22,386 | €29,478 | ▲ 31.7% |
| Taxes450/3 | €23,048 | €13,913 | €28,178 | €18,636 | €26,484 | ▲ 42.1% |
| Remuneration and social security454/9 | €832 | €843 | €744 | €3,750 | €2,994 | ▼ 20.2% |
| Accrued charges and deferred income492/3 | - | - | - | €1,251 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,309 | €67,308 | €91,873 | €127,107 | €128,166 | ▲ 0.8% |
| + Depreciation and write-downs630 | €36,302 | €85,182 | €37,569 | €51,145 | €51,145 | = |
| Operating cash flow (approximation) | €121,611 | €152,490 | €129,442 | €178,252 | €179,311 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | -€453,879 | -€6,334 | -€67,876 | -€25 | ▲ 100.0% |
| Change in cash | - | -€648,133 | €107,360 | €81,151 | -€66,272 | ▼ 182% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €128,166 ▲0.8%
Net result €128,166, the highest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €67,308 ▼21.1%
Net result drops to €67,308, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 10current ratio 56.05
Current ratio from 5.37 to 56.05; short-term debt falls from €256,548 to €14,901.
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Opwijk · 1 establishment unit since 2004
Ground area
1,314 m²
Building footprint
162 m²
Volume, LiDAR
1,019 m³
Parcel 23752H0054/00B000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AXMA
since 20042.136.167.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752H0054/00B000 | Flanders | 1,314 m² | 1 · 162 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676006S7H58VW317E56
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Of 253 companies in sector 46381 we hold annual accounts for 178. 107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-03-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46381Wholesale trade
68121Development of residential building projects
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864016513
Registered
24-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.