AXOR
ActiveAXOR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.84M and a net result of €92k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+1
Solvency40▲+4
Growth35▼-43
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.98 in 2024; short-term debt: 51.3% and cash: 1.4% of total assets), and 85.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
14.8%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 827 sector peers (2025).
NBB · sector comparisonPosition among 827 sector peers
Solvency
better than 22%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
27 d late
2023
76 d early
2022
81 d early
2021
61 d early
2020
60 d early
2019
58 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15.83M▼ 35.2%
2024 · €24.43M
2024: €24.43M
2024 → 2025
EBIT margin
2.5%▼ 0.1pp
2024 · 2.5%
2024: 2.5%
2024 → 2025
Net result
€92k▼ 32.9%
2024 · €137k
2018: €106k
2019: €185k
2020: €142k
2021: €102k
2022: €253k
2023: €514k
2024: €137k
2018 → 2025
Working capital
€-1.04M▼ 389%
2024 · €-213k
2018: €1.05M
2019: €794k
2020: €494k
2021: €525k
2022: €553k
2023: €-1.06M
2024: €-213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€24.43M€15.83M▼ 35.2%
Equity€841k-€1.09M▲ 30.1%€1.61M▲ 46.9%€1.74M▲ 8.5%€1.84M▲ 5.3%
Operating result€273k-€672k▲ 146%€987k▲ 47.0%€620k▼ 37.2%€394k▼ 36.5%
Net result€102k-€253k▲ 149%€514k▲ 103%€137k▼ 73.4%€92k▼ 32.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.41M
Fixed assets
€7.09M▼ 6.7%
Current assets
€5.32M▼ 36.0%
Equity and liabilities €12.41M
Equity
€1.84M▲ 5.3%
Debt
€10.57M▼ 25.4%
The debt ratio falls from 89.0% to 85.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€987k▼
2024 · €1.16M
Cash flow
€685k▲
2024 · €673k
Solvency
14.8%▲
2024 · 11.0%
Current ratio
0.84▼
2024 · 0.98
Quick ratio
0.69▼
2024 · 0.88
Debt / equity
5.76▼
2024 · 8.12
ROE
5.0%▼
2024 · 7.8%
ROA
0.7%▼
2024 · 0.9%
Interest coverage
3.44▼
2024 · 3.50
Debt
€10.57M▼
2024 · €14.17M
Debt ≤ 1 year
€6.36M▼
2024 · €8.53M
Debt > 1 year
€4.18M▼
2024 · €5.55M
Income taxes
€60k▼
2024 · €76k
Staff costs
€2.34M▼
2024 · €2.45M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15.91M€12.41M▼
Fixed assets21/28€7.60M€7.09M▼
Intangible fixed assets21€34k€7k▼
Tangible fixed assets22/27€7.55M€7.07M▼
Land and buildings22€6.32M€6.08M▼
Plant, machinery and equipment23€104k€75k▼
Furniture and vehicles24€207k€118k▼
Leasing and similar rights25€772k€648k▼
Assets under construction and advance payments27€153k€153k=
Financial fixed assets28€10k€7k▼
Other financial fixed assets284/8€10k€7k▼
Amounts receivable and cash guarantees285/8€10k€7k▼
Current assets29/58€8.31M€5.32M▼
Amounts receivable after more than one year29€1.04M€485k▼
Other amounts receivable291€1.04M€485k▼
Stocks and contracts in progress3€839k€960k▲
Stocks30/36€128k€191k▲
Raw materials and consumables30/31€128k€191k▲
Contracts in progress37€711k€770k▲
Amounts receivable within one year40/41€5.48M€3.36M▼
Trade receivables40€2.02M€1.32M▼
Other amounts receivable41€3.46M€2.04M▼
Cash at bank and in hand54/58€596k€179k▼
Deferred charges and accrued income490/1€356k€331k▼
Equity and liabilities
Total equity and liabilities10/49€15.91M€12.41M▼
Equity10/15€1.74M€1.84M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€1.64M€1.74M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€37k€37k=
Distributable reserves133€1.60M€1.69M▲
Amounts payable17/49€14.17M€10.57M▼
Amounts payable after more than one year17€5.55M€4.18M▼
Financial debts170/4€4.65M€4.18M▼
Leasing and similar obligations172€532k€421k▼
Credit institutions173€4.12M€3.76M▼
Other amounts payable178/9€900k€0▼
Amounts payable within one year42/48€8.53M€6.36M▼
Current portion of amounts payable after more than one year42€528k€533k▲
Financial debts43€2.53M€1.79M▼
Credit institutions430/8€2.53M€1.79M▼
Trade debts44€3.34M€2.93M▼
Suppliers440/4€3.34M€2.93M▼
Advances received on contracts in progress46€82k€697k▲
Taxes, remuneration and social security45€1.65M€291k▼
Taxes450/3€1.43M€100k▼
Remuneration and social security454/9€216k€191k▼
Other amounts payable47/48€400k€121k▼
Accrued charges and deferred income492/3€87k€28k▼
Income statement
Code20242025
Operating income70/76A€24.23M€17.38M▼
Turnover70€24.43M€15.83M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-575k€59k▲
Other operating income74€372k€615k▲
Non-recurring operating income76A€0€874k▲
Operating charges60/66A€23.61M€16.99M▼
Goods for resale, raw materials and consumables60€18.24M€12.55M▼
Purchases600/8€18.27M€12.61M▼
Change in stocks: decrease (increase)609€-29k€-63k▼
Services and other goods61€2.31M€1.42M▼
Remuneration, social security and pensions62€2.45M€2.34M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€536k€593k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-65k€0▲
Other operating charges640/8€128k€71k▼
Non-recurring operating charges66A€500€10k▲
Operating profit (loss)9901€620k€394k▼
Financial income75/76B€128k€117k▼
Recurring financial income75€128k€117k▼
Income from current assets751€111k€97k▼
Other financial income752/9€17k€20k▲
Financial charges65/66B€535k€360k▼
Recurring financial charges65€535k€360k▼
Debt charges650€331k€287k▼
Other financial charges652/9€205k€73k▼
Profit (loss) for the period before taxes9903€213k€151k▼
Income taxes67/77€76k€60k▼
Taxes670/3€76k€60k▼
Profit (loss) for the period9904€137k€92k▼
Profit (loss) for the period to be appropriated9905€137k€92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€92k▼
Transfer to equity691/2€137k€92k▼
To other reserves6921€137k€92k▼
Social balance
Average headcount (FTE)908732.430.1▼
The notes to these accounts (98 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 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €92k ▼32.9%
Net result drops to €92k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €514k ▲103%
Operating result €987k, net result €514k, both a record.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.09M ▲30.1%
5 profitable years in a row build equity to €1.09M.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
31-05
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.
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, Bocholt · 1 establishment unit since 1996
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.
Rademakersstraat 393950 BocholtGround area
8,399 m²
Building footprint
3,785 m²
Volume, LiDAR
2,427 m³
Parcel 72003A1371/00E000, Flanders · tallest building 8.4 m. Linked by address, not a title deed.
1 establishment unit
Rademakersstraat 39, 3950 Bocholt
since 19962.075.731.308
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003A1371/00E000 | Flanders | 8,399 m² | 1 · 3,785 m² | 8.4 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,703 EUR awarded · 8,445 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,280 EUR | 2,280 EUR |
| 2023 | 1 | 830 EUR | 998 EUR |
| 2022 | 1 | 5,593 EUR | 5,167 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Individueel Maatwerk
Recognitions · licences · registrations
Recognised contractor
29 categoriesAXOR NV27955
Similar companies · same sector, comparable size
WOODSTAR
BE 0425.120.514
Avelgem · Eq €1.85M
SWINNEN
BE 0436.881.169
Balen · Eq €1.85M
WECONSTRUCT
BE 0689.642.482
Knokke-Heist · Eq €1.86M
GenM OG Maaseik
BE 0889.006.087
Jette · Eq €1.88M
CLARINVAL CONSTRUCTIONS
BE 0549.921.308
Bièvre · Eq €1.89M
Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-02-1996
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
25110Manufacture of metal structures and parts of structures
28110
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@axor.be
Business parks
1 parkOffers a parcel on business park:Eerste Meistraat