AXOLUTION
ActiveSummary
AXOLUTION has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,540 and a net result of -€7,772. Equity is shrinking by about 17% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 59% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €31,540
- Loss
- -€7,772
Why 92raises riskLoss of €7,772, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.73, cash €22,264, halvedSize: total assets €46,165Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 61% on solvency, 71% on liquidity, 5% on profitability and 15% on growth.
The bankruptcy probability was computed on 20-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: DE SOUTER Nico (director)Amendment of the articles ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €7,348 in 2025 against €11,427 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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).
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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 74.5% 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 4,805 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,439 | €15,623 | €10,657 | €10,517 | €1,865 | €1,882 | €2,671 | ▲ 41.9% |
| Other operating charges640/8 | - | - | €367 | €266 | €60 | €392 | €133 | ▼ 66.1% |
| Gross operating margin9900 | €54,236 | €56,018 | €29,863 | -€779 | -€8,685 | -€9,152 | -€4,544 | ▲ 50.4% |
| Operating profit (loss)9901 | €35,522 | €40,295 | €18,838 | -€11,562 | -€10,611 | -€11,427 | -€7,348 | ▲ 35.7% |
| Financial income75/76B | - | - | €0 | - | €3 | - | €51 | - |
| Recurring financial income75 | €10 | - | €0 | - | €3 | - | €51 | - |
| Financial charges65/66B | - | - | €221 | €158 | €119 | €74 | €123 | ▲ 66.2% |
| Recurring financial charges65 | €1,065 | €666 | €221 | €158 | €119 | €74 | €123 | ▲ 66.2% |
| Profit (loss) for the period before taxes9903 | €34,467 | €39,629 | €18,618 | -€11,720 | -€10,727 | -€11,501 | -€7,420 | ▲ 35.5% |
| Income taxes67/77 | €32,160 | €16,873 | €6,162 | €148 | €344 | €333 | €352 | ▲ 5.9% |
| Profit (loss) for the period9904 | €2,307 | €22,756 | €12,456 | -€11,867 | -€11,071 | -€11,833 | -€7,772 | ▲ 34.3% |
| Profit (loss) for the period to be appropriated9905 | €2,307 | €22,756 | €12,456 | -€11,867 | -€11,071 | -€11,833 | -€7,772 | ▲ 34.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €142,758 | €158,601 | €160,835 | €141,592 | €102,193 | €75,456 | €46,165 | ▼ 38.8% |
| Fixed assets21/28 | €40,241 | €25,473 | €14,816 | €5,283 | €5,048 | €3,165 | €6,246 | ▲ 97.3% |
| Intangible fixed assets21 | €6,330 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €33,911 | €25,473 | €14,816 | €5,283 | €5,048 | €3,165 | €6,246 | ▲ 97.3% |
| Land and buildings22 | - | - | €5,055 | €4,044 | €3,033 | €2,022 | €1,011 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | €159 | €66 | - | - | - | - |
| Furniture and vehicles24 | - | - | €9,602 | €1,173 | €2,015 | €1,143 | €5,235 | ▲ 358% |
| Current assets29/58 | €102,517 | €133,128 | €146,019 | €136,309 | €97,146 | €72,290 | €39,918 | ▼ 44.8% |
| Amounts receivable within one year40/41 | €2,128 | €8,787 | €3,533 | €28,260 | €11,805 | €13,759 | €17,339 | ▲ 26.0% |
| Trade receivables40 | - | - | €2,285 | €16,115 | €11,805 | €12,339 | €17,280 | ▲ 40.0% |
| Other amounts receivable41 | - | - | €1,248 | €12,145 | - | €1,420 | €59 | ▼ 95.9% |
| Cash at bank and in hand54/58 | €100,389 | €124,341 | €142,486 | €108,049 | €85,183 | €58,531 | €22,264 | ▼ 62.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €158 | - | €315 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €142,758 | €158,601 | €160,835 | €141,592 | €102,193 | €75,456 | €46,165 | ▼ 38.8% |
| Equity10/15 | €102,108 | €124,864 | €137,320 | €97,217 | €86,146 | €59,312 | €31,540 | ▼ 46.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €81,860 | €101,860 | €111,860 | €83,625 | €83,625 | €68,625 | €30,000 | ▼ 56.3% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | €110,000 | €81,765 | €81,765 | €66,765 | €30,000 | ▼ 55.1% |
| Profit (loss) carried forward14 | €1,648 | €4,404 | €6,860 | -€5,008 | -€16,079 | -€27,912 | -€17,060 | ▲ 38.9% |
| Amounts payable17/49 | €40,650 | €33,737 | €23,515 | €44,375 | €16,047 | €16,143 | €14,625 | ▼ 9.4% |
| Amounts payable after more than one year17 | - | €11,671 | €5,609 | - | - | - | - | - |
| Financial debts170/4 | - | - | €5,609 | - | - | - | - | - |
| Amounts payable within one year42/48 | €40,650 | €22,066 | €16,146 | €40,695 | €12,207 | €14,063 | €14,625 | ▲ 4.0% |
| Current portion of amounts payable after more than one year42 | - | - | €6,063 | €5,097 | - | - | - | - |
| Financial debts43 | - | - | - | - | €851 | €358 | €206 | ▼ 42.5% |
| Credit institutions430/8 | - | - | - | - | - | €358 | €206 | ▼ 42.5% |
| Other loans439 | - | - | - | - | €851 | - | - | - |
| Trade debts44 | €2,941 | €6,175 | €2,017 | €2,737 | €2,867 | €6,174 | €3,823 | ▼ 38.1% |
| Suppliers440/4 | - | - | €2,017 | €2,737 | €2,867 | €6,174 | €3,823 | ▼ 38.1% |
| Taxes, remuneration and social security45 | - | - | €6,682 | €4,626 | €1,420 | €530 | €3,738 | ▲ 606% |
| Taxes450/3 | - | - | €6,682 | €903 | €1,420 | €530 | €3,738 | ▲ 606% |
| Remuneration and social security454/9 | - | - | - | €3,723 | - | - | - | - |
| Other amounts payable47/48 | - | - | €1,385 | €28,235 | €7,069 | €7,002 | €6,857 | ▼ 2.1% |
| Accrued charges and deferred income492/3 | - | - | €1,760 | €3,680 | €3,840 | €2,080 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,307 | €22,756 | €12,456 | -€11,867 | -€11,071 | -€11,833 | -€7,772 | ▲ 34.3% |
| + Depreciation and write-downs630 | €18,439 | €15,623 | €10,657 | €10,517 | €1,865 | €1,882 | €2,671 | ▲ 41.9% |
| Operating cash flow (approximation) | €20,746 | €38,378 | €23,113 | -€1,351 | -€9,206 | -€9,951 | -€5,101 | ▲ 48.7% |
| Investment in fixed assets (approximation) | - | -€855 | €0 | -€984 | -€1,630 | €0 | -€5,752 | - |
| Change in cash | - | €23,952 | €18,145 | -€34,437 | -€22,866 | -€26,652 | -€36,267 | ▼ 36.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 26-03-2026 | 2026-00062808 |
| 30-09-2024 | micro format | 14-04-2025 | 2025-00068672 |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00072359 |
| 30-09-2022 | micro format | 22-04-2023 | 2023-00063457 |
| 30-09-2021 | micro format | 14-04-2022 | 2022-20003447 |
| 30-09-2020 | micro format | 25-03-2021 | 2021-08400010 |
| 30-09-2019 | micro format | 31-01-2020 | 2020-03200042 |
| 30-09-2018 | micro format | 18-04-2019 | 2019-10100354 |
| 30-09-2017 | micro format | 27-06-2018 | 2018-22900040 |
| 30-09-2016 | abbreviated format | 30-04-2017 | 2017-11100271 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE SOUTER Nico |
|
Owners and capital
Capital and shareholders
- 26-09-2025 Converted to unavailable equity · €20,460
- 26-09-2025 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
26-09
Gazette deed
Appointment: DE SOUTER Nico (director)Amendment of the articles · Legal form clause · Capital conversion12 facts ▸
- General meeting, 23-09-2025
- Amendment of the articles (2 times)
- Legal form clause, “behouden, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Declaration, “geen eigen vermogensrekening niet-opgevraagde inbrengen, kapitaal volledig volgestort” (deed in Dutch)
- Capital conversion, “opheffen, middelen beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Purpose change
- Capital
- Capital conversion, “uitgiftevoorwaarden bepalen of geboekt op beschikbare eigen vermogensrekening, vermoed geboekt op beschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, DE SOUTER Nico (director)
- Registered office clause, “Nijverheidsstraat 70 te 2160 Wommelgem, Elke communicatie via dit adres aan en/of door de vennootschap, bestuurders en/of aandeelhouders, wordt geacht geldig te…” (deed in Dutch)
- Power of attorney, Taxman & Robin
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 |
| 12017C0361/00F002 | Flanders | 2,822 m² | 1 · 249 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verstrekken van assistentie betreffende hard- en software, het ontwikkelen van software en het verhandelen van hardware, dit alles in de…” (deed in Dutch)
10 activities (deed in Dutch)
- Het verstrekken van assistentie betreffende hard- en software, het ontwikkelen van software en het verhandelen van hardware, dit alles in de meest uitgebreide zin van het woord.
- Het vervaardigen, ontwerpen, openen, beheren en commercialiseren van een webshop en soortgelijke onlineplatforms, alsmede de onlinemarketingcommunicatie hiervan en alle mogelijke commerciële activiteiten hieraan verbonden.
- Het online aan- en verkopen via internet en via webshop van goederen en diensten, in de meest brede zin te interpreteren.
- Het verwerken van alle gegevens die ter kennis komen van de vennootschap via webshop, onlineplatformen en via eender welke andere vorm van gegevensdoorstroming.
- Alle activiteiten in verband met e-commerce.
- Het uitvoeren van management, advies of administratieve opdrachten voor derden, vertegenwoordiging, raadgevend bureau in verband met handelsaangelegenheden, studiebeleid, consulting in de meest uitgebreide betekenis, met uitzondering van reglementaire diensten.
- Het aanleggen, oordeelkundig uitbouwen en beheren van onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de huur en verhuur, huur financieringen en alle verrichtingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan.
- De publicaties van artikels en boeken, het organiseren en houden van seminaries, trainingen, lezingen op alle mogelijke wijzen: direct, indirect, on site, telewerk, enzoverder.
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële of immobiliënvennootschappen of ondernemingen.
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, know-how en aanverwante immateriële duurzame activa.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Axolution
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan mag exploitatiezetels, administratieve zetels, filialen, agentschappen en depots oprichten in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 17. Bevoegdheden - Vertegenwoordiging Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Wanneer de bestuurders een collegiaal orgaan vormen en de plaats van een bestuurder openvalt vóór het einde van zijn mandaat, hebben de…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen” (deed in Dutch)“Andersluidende bijzondere bepaling in statuten of titel waarbij vruchtgebruik is tot stand gekomen, vennootschap erkent één eigenaar voor…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 2 provisions in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Bestuursorgaan kan zelfstandig beslissen over opvragingen van stortingen, gelijke behandeling van aandeelhouders” (deed in Dutch)“Maatschappelijke rechten verbonden aan aandelen voor inbreng, schuldenaar van inbreng in nijverheid wegens vreemde oorzaak” (deed in Dutch)“Algemene vergadering kan voorkeurrecht beperken of opheffen, e-mail of gewone post” (deed in Dutch)
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- “Op naam, titularis mag kennis nemen van register betreffende zijn effecten” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Bestemming van de winst, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 December at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…” (deed in Dutch)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Zij die aan de algemene vergadering hebben deelgenomen of er waren vertegenwoordigd kunnen inzage krijgen in de aanwezigheidslijst, Kopieën…” (deed in Dutch)
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- “Tenzij de algemene vergadering er anders over beslist, doet deze verdaging geen afbreuk aan de andere genomen besluiten, Elke gewone of…” (deed in Dutch)
- Agenda ruleHow the agenda is set and who may add items to it.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Van elke algemene vergadering worden tijdens de vergadering notulen opgesteld, In de gewone en in de bijzondere algemene vergadering worden…” (deed in Dutch)“Onder voorbehoud van andersluidende overeenkomsten tussen de aandeelhouders, geeft op de algemene vergadering ieder aandeel recht op één…” (deed in Dutch)
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Toezicht, Ieder aandeelhouder heeft het recht onbeperkt toezicht en controle uit te oefenen, op alle verrichtingen van de vennootschap. Hij…” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing van de algemene vergadering, met inachtneming van de vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onmiddellijke sluiting van de vereffening, Een ontbinding en de sluiting van de vereffening in één akte zijn mogelijk onder de voorwaarden…” (deed in Dutch)“Benoeming van de vereffenaars, Zijn er geen vereffenaars benoemd of aangewezen, dan worden de bestuurders die op het tijdstip van de…” (deed in Dutch)