AXTI
ActiveSummary
AXTI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,449 and a net result of €28,292. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-3
Solvency66=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity short (current ratio 0.86 against 1.18 in 2024; short-term debt: 20% and cash: 10.4% of total assets), and 58.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41.1%
Return on assets
5.6%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
5 d early
2022
on the day
2021
2 d late
2020
27 d late
2019
88 d late
← 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 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€208,449▼ 4.9%
2024 · €219,157
Total assets
€507,594▼ 6.1%
2024 · €540,482
Net result
€28,292▼ 33.0%
2024 · €42,245
Working capital
-€13,738
2024 · €16,809
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,615▼ 41.9%€69,581▲ 75.6%€64,796▼ 6.9%€63,431▼ 2.1%€47,504▼ 25.1%
Net result€13,294within the sector's middle half▼ 66.8%€46,650above the sector's middle half▲ 251%€43,836above the sector's middle half▼ 6.0%€42,245above the sector's middle half▼ 3.6%€28,292above the sector's middle half▼ 33.0%
Equity€101,426within the sector's middle half▲ 15.1%€148,076above the sector's middle half▲ 46.0%€191,913above the sector's middle half▲ 29.6%€219,157above the sector's middle half▲ 14.2%€208,449above the sector's middle half▼ 4.9%
Total assets€525,444above the sector's middle half▼ 9.6%€533,685above the sector's middle half▲ 1.6%€535,865above the sector's middle half▲ 0.4%€540,482above the sector's middle half▲ 0.9%€507,594above the sector's middle half▼ 6.1%
Debt€424,017▼ 14.0%€385,609▼ 9.1%€343,952▼ 10.8%€321,325▼ 6.6%€299,145▼ 6.9%
Working capital-€52,192▼ 173%-€18,676▲ 64.2%€8,161€16,809▲ 106%-€13,738
Solvency19.3%within the sector's middle half▲ 4.1pp27.7%within the sector's middle half▲ 8.4pp35.8%within the sector's middle half▲ 8.1pp40.5%within the sector's middle half▲ 4.7pp41.1%within the sector's middle half▲ 0.5pp
Staff (FTE)4.5▲ 221%6▲ 33.3%5.9▼ 1.7%8.3▲ 40.7%9.8▲ 18.1%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail 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 has fallen three years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €507,594
Fixed assets
€419,584 ▼ 2.8%
Current assets
€88,011 ▼ 19.0%
Equity and liabilities €507,594
Equity
€208,449 ▼ 4.9%
Debt
€299,145 ▼ 6.9%
Debt's share of the balance-sheet total falls from 59.5% to 58.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€74,930▼
2024 · €88,865
Cash flow
€55,718▼
2024 · €67,679
Current ratio
0.86▼
2024 · 1.18
Quick ratio
0.68▼
2024 · 0.98
Debt to equity
1.44▼
2024 · 1.47
ROE
13.6%▼
2024 · 19.3%
ROA
5.6%▼
2024 · 7.8%
Interest coverage
10.36▲
2024 · 10.23
Debt ≤ 1 year
€101,749▲
2024 · €91,806
Debt > 1 year
€197,075▼
2024 · €229,161
Income taxes
€11,982▼
2024 · €12,504
Staff costs
€55,340▲
2024 · €51,176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 | - | €8,399 | - | - | - | - |
| Remuneration, social security and pensions62 | €44,658 | €40,034 | €44,809 | €51,176 | €55,340 | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,336 | €24,119 | €25,005 | €25,435 | €27,426 | ▲ 7.8% |
| Other operating charges640/8 | €3,025 | €2,038 | €2,118 | €2,581 | €2,597 | ▲ 0.6% |
| Gross operating margin9900 | €115,634 | €135,773 | €136,728 | €142,622 | €132,867 | ▼ 6.8% |
| Operating profit (loss)9901 | €39,615 | €69,581 | €64,796 | €63,431 | €47,504 | ▼ 25.1% |
| Financial income75/76B | €1 | €21 | €0 | €1 | €0 | ▼ 97.6% |
| Recurring financial income75 | €1 | €21 | €0 | €1 | €0 | ▼ 97.6% |
| Financial charges65/66B | €7,802 | €7,039 | €9,853 | €8,683 | €7,230 | ▼ 16.7% |
| Recurring financial charges65 | €7,802 | €7,039 | €9,853 | €8,683 | €7,230 | ▼ 16.7% |
| Profit (loss) for the period before taxes9903 | €31,814 | €62,564 | €54,942 | €54,749 | €40,274 | ▼ 26.4% |
| Income taxes67/77 | €18,520 | €15,914 | €11,106 | €12,504 | €11,982 | ▼ 4.2% |
| Profit (loss) for the period9904 | €13,294 | €46,650 | €43,836 | €42,245 | €28,292 | ▼ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €13,294 | €46,650 | €43,836 | €42,245 | €28,292 | ▼ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €525,444 | €533,685 | €535,865 | €540,482 | €507,594 | ▼ 6.1% |
| Fixed assets21/28 | €481,377 | €464,127 | €444,804 | €431,867 | €419,584 | ▼ 2.8% |
| Intangible fixed assets21 | €43,125 | €35,625 | €28,125 | €20,625 | €13,125 | ▼ 36.4% |
| Tangible fixed assets22/27 | €432,496 | €422,896 | €410,773 | €405,030 | €398,589 | ▼ 1.6% |
| Land and buildings22 | €404,156 | €398,357 | €385,008 | €379,562 | €365,401 | ▼ 3.7% |
| Plant, machinery and equipment23 | €18,844 | €18,770 | €20,960 | €20,723 | €30,140 | ▲ 45.4% |
| Furniture and vehicles24 | €5,255 | €2,149 | €1,808 | €2,370 | €1,295 | ▼ 45.4% |
| Other tangible fixed assets26 | €4,242 | €3,620 | €2,998 | €2,376 | €1,754 | ▼ 26.2% |
| Financial fixed assets28 | €5,756 | €5,606 | €5,906 | €6,212 | €7,870 | ▲ 26.7% |
| Current assets29/58 | €44,067 | €69,558 | €91,061 | €108,615 | €88,011 | ▼ 19.0% |
| Stocks and contracts in progress3 | €15,978 | €14,546 | €18,963 | €18,522 | €18,819 | ▲ 1.6% |
| Stocks30/36 | €15,978 | €14,546 | €18,963 | €18,522 | €18,819 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €7,492 | €28,251 | €23,561 | €18,819 | €14,568 | ▼ 22.6% |
| Trade receivables40 | €5,299 | €23,620 | €15,139 | €2,500 | €5,622 | ▲ 125% |
| Other amounts receivable41 | €2,193 | €4,630 | €8,422 | €16,319 | €8,947 | ▼ 45.2% |
| Cash at bank and in hand54/58 | €19,459 | €25,171 | €46,445 | €69,233 | €52,814 | ▼ 23.7% |
| Deferred charges and accrued income490/1 | €1,137 | €1,591 | €2,092 | €2,040 | €1,809 | ▼ 11.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €525,444 | €533,685 | €535,865 | €540,482 | €507,594 | ▼ 6.1% |
| Equity10/15 | €101,426 | €148,076 | €191,913 | €219,157 | €208,449 | ▼ 4.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €69,060 | €115,660 | €159,460 | €186,660 | €175,860 | ▼ 5.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €67,200 | €113,800 | €159,460 | €186,660 | €175,860 | ▼ 5.8% |
| Profit (loss) carried forward14 | €13,766 | €13,816 | €13,853 | €13,897 | €13,989 | ▲ 0.7% |
| Amounts payable17/49 | €424,017 | €385,609 | €343,952 | €321,325 | €299,145 | ▼ 6.9% |
| Amounts payable after more than one year17 | €327,244 | €296,946 | €260,641 | €229,161 | €197,075 | ▼ 14.0% |
| Financial debts170/4 | €327,244 | €296,946 | €260,641 | €229,161 | €197,075 | ▼ 14.0% |
| Amounts payable within one year42/48 | €96,258 | €88,234 | €82,900 | €91,806 | €101,749 | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €54,088 | €54,321 | €50,741 | €38,617 | €39,225 | ▲ 1.6% |
| Trade debts44 | €12,363 | €15,360 | €17,527 | €23,885 | €11,372 | ▼ 52.4% |
| Suppliers440/4 | €12,363 | €15,360 | €17,527 | €23,885 | €11,372 | ▼ 52.4% |
| Taxes, remuneration and social security45 | €29,807 | €18,530 | €14,632 | €14,304 | €12,152 | ▼ 15.0% |
| Taxes450/3 | €24,624 | €11,550 | €7,228 | €6,979 | €4,871 | ▼ 30.2% |
| Remuneration and social security454/9 | €5,183 | €6,980 | €7,404 | €7,325 | €7,281 | ▼ 0.6% |
| Other amounts payable47/48 | - | €24 | - | €15,000 | €39,000 | ▲ 160% |
| Accrued charges and deferred income492/3 | €515 | €429 | €411 | €358 | €322 | ▼ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,294 | €46,650 | €43,836 | €42,245 | €28,292 | ▼ 33.0% |
| + Depreciation and write-downs630 | €28,336 | €24,119 | €25,005 | €25,435 | €27,426 | ▲ 7.8% |
| Operating cash flow (approximation) | €41,629 | €70,769 | €68,841 | €67,679 | €55,718 | ▼ 17.7% |
| Investment in fixed assets (approximation) | - | -€6,869 | -€5,682 | -€12,498 | -€15,142 | ▼ 21.2% |
| Change in cash | - | €5,712 | €21,273 | €22,788 | -€16,419 | ▼ 172% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €219,157 ▲14.2%
7 profitable years in a row build equity to €219,157.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €191,913 ▲29.6%
6 profitable years in a row build equity to €191,913.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €46,650 ▲251%
Operating result €69,581, net result €46,650, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Equity above €100,000Eq €101,426 ▲15.1%
4 profitable years in a row build equity to €101,426.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Londerzeel · 1 establishment unit since 2017
Ground area
605 m²
Building footprint
297 m²
Volume, LiDAR
1,621 m³
Parcel 23045C0635/00Z003, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Slagerij Pieter & Desi
since 20172.269.379.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045C0635/00Z003 | Flanders | 605 m² | 1 · 297 m² | 11.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,420 EUR awarded · 4,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLonderzeel2.269.379.039
Dual-learning approval
4 live approvalsCommercieel assistent (vwo)
Commercieel assistent duaal (so)
Commerciële organisatie duaal (so)
Onthaal, organisatie en sales duaal (so)
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 1,275 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
Founded18-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
47279Other retail sale of food
E-invoicing
Reachable via Peppol
Peppol ID
0208:0683489318
Also
9925:BE0683489318
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.