Gross margin from -€1,572 to €316,936Back to profit: €102,617Company renamed from AXO Cleaning to AXO GROUP10-09Equity from -€2,072 to €100,545Debts from €2,380 to €125,900
Higher net result than 95% of companies in building services and landscaping. Sector median €8,907 · 5,862 companies.
2025 accounts not filed, 105 days past the deadline
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as AXO GROUP has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 39,326 companies, not a prediction for AXO GROUP. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786878747
Registered office moved within Ghent
New registered office: Brugsevaart 59, 9030 Gent · Previous registered office: LOUIS VAN HOUTTESTRAAT 55B, 9050 GENT · General meeting of 24-06-2026 · Gazette deed
Company renamed from AXO Cleaning to AXO GROUP
Registered office moved from Sint-Niklaas to Ghent · New registered office: Louis Van Houttestraat 55B, 9050 Gent · Previous registered office: Minderbroedersstraat 37, 9100 Sint-Niklaas · Gazette deed
Registered office moved from Antwerp to Sint-Niklaas
New registered office: Minderbroedersstraat 37, 9100 Sint-Niklaas · Previous registered office: Handelstraat 11 bus 1, 2060 Antwerpen · Appointment: Name hiddenVisible after signing in (director) · General meeting of 09-10-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as AXO GROUP: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €171,000 and €257,000, founded between 2021 and 2022.
The 2024 annual accounts show equity of €100,545 and a net result of €102,617. Its solvency ranks better than 53% of 5,877 sector peers (NACE 81, financial year 2024).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
The company number of AXO GROUP is 0786.878.747. The VAT number is the same number with BE in front: BE 0786.878.747.
Where is AXO GROUP based?
The registered office is at Brugsevaart 59, 9030 Ghent.Company details
What does AXO GROUP do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of AXO GROUP?
AXO GROUP is a private limited company (BV).
When was AXO GROUP founded?
AXO GROUP was founded on 07-06-2022.
Is AXO GROUP still active?
Yes, AXO GROUP is an active enterprise in the KBO register.
How many employees does AXO GROUP have?
AXO GROUP had an average of 7.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AXO GROUP?
The turnover in financial year 2024 is ≈ €620,000. This figure is estimated from the gross margin of €316,936 and 51 comparable companies (NACE 81). It probably lies between €430,000 and €940,000.
Is AXO GROUP profitable?
In financial year 2024, AXO GROUP made a profit of €102,617.
Where can I find the annual accounts of AXO GROUP?
AXO GROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.