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AXT

Active
Private limited companyfounded 2025active for 1 yearTorhoutsesteenweg 191, 8210 Zedelgem, BelgiumKBO/BCE: BE 1025.600.893
Summary

AXT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,094 and a net result of €28,094. Its solvency ranks better than 58% of 39,184 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00417284.

Turnover
≈ €100,000
Estimated: probably between €61,000 and €140,000
Total assets
€45,496
Net result
€28,094
Working capital
€29,094

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €45,496
Equity €29,094
Debt €16,402
Debt finances 36.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€36,127
Cash flow
€29,080
Current ratio
2.77
Debt to equity
0.56
ROE
96.6%
ROA
61.8%
Interest coverage
over 100
Debt ≤ 1 year
€16,402
Income taxes
€7,024

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 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 11,279 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
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€45,496
Current assets29/58€45,496
Amounts receivable within one year40/41€24,200
Trade receivables40€24,200
Cash at bank and in hand54/58€21,296
Equity and liabilities
Total equity and liabilities10/49€45,496
Equity10/15€29,094
Contributions10/11€1,000
Reserves13€28,094
Distributable reserves133€28,094
Amounts payable17/49€16,402
Amounts payable within one year42/48€16,402
Trade debts44€109
Suppliers440/4€109
Taxes, remuneration and social security45€16,293
Taxes450/3€16,293
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€986
Gross operating margin9900€36,127
Operating profit (loss)9901€35,141
Financial charges65/66B€23
Recurring financial charges65€23
Profit (loss) for the period before taxes9903€35,118
Income taxes67/77€7,024
Profit (loss) for the period9904€28,094
Profit (loss) for the period to be appropriated9905€28,094
Appropriation of the result
Profit (loss) to be appropriated9906€28,094
Transfer to equity691/2€28,094
To other reserves6921€28,094

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€986
Gross operating margin9900€36,127
Operating profit (loss)9901€35,141
Financial charges65/66B€23
Recurring financial charges65€23
Profit (loss) for the period before taxes9903€35,118
Income taxes67/77€7,024
Profit (loss) for the period9904€28,094
Profit (loss) for the period to be appropriated9905€28,094
Line2025
Assets
Total assets20/58€45,496
Current assets29/58€45,496
Amounts receivable within one year40/41€24,200
Trade receivables40€24,200
Cash at bank and in hand54/58€21,296
Equity and liabilities
Total equity and liabilities10/49€45,496
Equity10/15€29,094
Contributions10/11€1,000
Reserves13€28,094
Distributable reserves133€28,094
Amounts payable17/49€16,402
Amounts payable within one year42/48€16,402
Trade debts44€109
Suppliers440/4€109
Taxes, remuneration and social security45€16,293
Taxes450/3€16,293
Line2025
Profit (loss) for the period9904€28,094
+ Depreciation and write-downs630€986
Operating cash flow (approximation)€29,080

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-08-2026 2026-00417284

Similar companies · same sector, comparable size

Of the 5,758 active companies whose main activity is activities of head offices (NACE 70100), figures are known for 3,683. 1,908 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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