Summary
AXVAN is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €377,266 and a net result of €117,526. Equity has been growing by about 31% per year since 2020. Its solvency ranks better than 76% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-10-2020 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.309.339.673 2440 Geel, since 06-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 25-04-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €117,526
- ▲ 31.5%
- Equity
- €377,266
- ▼ 10.4%
- Total assets
- €481,729
- ▲ 3.7%
- Staff
- ≈ 0 FTE
- estimated
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
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 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 days early
2024
28 days late
2023
1 day late
2022
9 days late
2021
17 days late
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 6 filings
Equity
€377,266▼ 10.4%
2024 · €420,880
Net result
€117,526▲ 31.5%
2024 · €89,362
Total assets
€481,729▲ 3.7%
2024 · €464,603
Solvency
78.3%▼ 12.3pp
2024 · 90.6%
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€148,502
▲ 34.8%
2025
20202025
Net result
€117,526
▲ 31.5%
2025
highest quarter of the sector
20202025
Equity
€377,266
▼ 10.4%
2025
highest quarter of the sector
20202025
Total assets
€481,729
▲ 3.7%
2025
middle half of the sector
20202025
Debt
€104,463
▲ 139%
2025
20202025
Working capital
€312,716
▼ 24.3%
2025
highest quarter of the sector
20202025
Solvency
78.3%
▼ 12.3pp
2025
highest quarter of the sector
20202025
Current ratio
3.99
▼ 6.46
2025
middle half of the sector
20202025
Return on assets (ROA)
24.4%
▲ 5.2pp
2025
middle half of the sector
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€3,035-€57,582▲ 19×€160,697▲ 179%€154,046▼ 4.1%€110,189▼ 28.5%€148,502▲ 34.8%
Net result€2,381below the sector's middle half-€44,686within the sector's middle half▲ 19×€124,728above the sector's middle half▲ 179%€208,290above the sector's middle half▲ 67.0%€89,362above the sector's middle half▼ 57.1%€117,526above the sector's middle half▲ 31.5%
Equity€2,481below the sector's middle half-€47,166within the sector's middle half▲ 19×€170,294within the sector's middle half▲ 261%€378,584within the sector's middle half▲ 122%€420,880above the sector's middle half▲ 11.2%€377,266above the sector's middle half▼ 10.4%
Total assets€10,375below the sector's middle half-€106,906below the sector's middle half▲ 930%€211,893within the sector's middle half▲ 98.2%€408,784within the sector's middle half▲ 92.9%€464,603within the sector's middle half▲ 13.7%€481,729within the sector's middle half▲ 3.7%
Debt€7,895-€59,739▲ 657%€41,598▼ 30.4%€30,200▼ 27.4%€43,723▲ 44.8%€104,463▲ 139%
Working capital€2,481within the sector's middle half-€41,972within the sector's middle half▲ 17×€165,616above the sector's middle half▲ 295%€371,096above the sector's middle half▲ 124%€413,341above the sector's middle half▲ 11.4%€312,716above the sector's middle half▼ 24.3%
Solvency23.9%within the sector's middle half-44.1%within the sector's middle half▲ 20.2pp80.4%above the sector's middle half▲ 36.2pp92.6%above the sector's middle half▲ 12.2pp90.6%above the sector's middle half▼ 2.0pp78.3%above the sector's middle half▼ 12.3pp
Current ratio1.31within the sector's middle half-1.70within the sector's middle half▲ 0.394.98above the sector's middle half▲ 3.2813.29above the sector's middle half▲ 8.3110.45above the sector's middle half▼ 2.833.99within the sector's middle half▼ 6.46
Return on assets (ROA)22.9%above the sector's middle half-41.8%above the sector's middle half▲ 18.9pp58.9%above the sector's middle half▲ 17.1pp51.0%above the sector's middle half▼ 7.9pp19.2%within the sector's middle half▼ 31.7pp24.4%within the sector's middle half▲ 5.2pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 35% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481,729
Fixed assets
€64,549 ▲ 756%
Current assets
€417,180 ▼ 8.7%
Equity and liabilities €481,729
Equity
€377,266 ▼ 10.4%
Debt
€104,463 ▲ 139%
Debt's share of the balance-sheet total rises from 9.4% to 21.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
31.2%▲
2024 · 21.2%
Debt ≤ 1 year
€104,463▲
2024 · €43,723
Income taxes
€33,380▲
2024 · €24,037
Staff costs
€1,658▼
2024 · €1,704
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,700 | - | - | - | €62,636 |
| Financial fixed assets | - | - | €4,000 | - | €0 |
| Depreciation and write-downs of the year | €451 | €570 | €1,190 | €0 | €5,625 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €50 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | €1,658 | €1,658 | €1,704 | €1,658 | ▼ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €451 | €570 | €1,190 | €0 | €5,625 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €55 | - | - | - | - | - |
| Other operating charges640/8 | - | €101 | €273 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €3,035 | €58,189 | €163,199 | €157,004 | €112,011 | €155,906 | ▲ 39.2% |
| Operating profit (loss)9901 | €3,035 | €57,582 | €160,697 | €154,046 | €110,189 | €148,502 | ▲ 34.8% |
| Financial income75/76B | - | - | €0 | €118,074 | €3,530 | €2,432 | ▼ 31.1% |
| Recurring financial income75 | - | - | €0 | €118,074 | €3,530 | €2,432 | ▼ 31.1% |
| Financial charges65/66B | - | €1,423 | €90 | €84 | €320 | €28 | ▼ 91.1% |
| Recurring financial charges65 | €1 | €1,423 | €90 | €84 | €320 | €28 | ▼ 91.1% |
| Profit (loss) for the period before taxes9903 | €3,035 | €56,159 | €160,607 | €272,036 | €113,399 | €150,906 | ▲ 33.1% |
| Income taxes67/77 | €654 | €11,473 | €35,880 | €63,746 | €24,037 | €33,380 | ▲ 38.9% |
| Profit (loss) for the period9904 | €2,381 | €44,686 | €124,728 | €208,290 | €89,362 | €117,526 | ▲ 31.5% |
| Profit (loss) for the period to be appropriated9905 | €2,381 | €44,686 | €124,728 | €208,290 | €89,362 | €117,526 | ▲ 31.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €10,375 | €106,906 | €211,893 | €408,784 | €464,603 | €481,729 | ▲ 3.7% |
| Fixed assets21/28 | - | €5,249 | €4,679 | €7,489 | €7,539 | €64,549 | ▲ 756% |
| Tangible fixed assets22/27 | - | €5,249 | €4,679 | €3,489 | €3,539 | €60,549 | ▲ 17× |
| Land and buildings22 | - | €5,249 | €4,679 | €3,489 | €3,539 | €2,969 | ▼ 16.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | €1,808 | - |
| Furniture and vehicles24 | - | - | - | - | - | €55,773 | - |
| Financial fixed assets28 | - | - | - | €4,000 | €4,000 | €4,000 | = |
| Current assets29/58 | €10,375 | €101,657 | €207,214 | €401,296 | €457,064 | €417,180 | ▼ 8.7% |
| Amounts receivable after more than one year29 | - | €19,551 | €19,551 | - | €69,993 | €0 | ▼ 100% |
| Trade receivables290 | - | €19,551 | €19,551 | - | €69,993 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | - | €2,633 | €11,946 | €38,158 | €72,794 | €70,201 | ▼ 3.6% |
| Trade receivables40 | - | - | €11,946 | €9,292 | €12,610 | €55,282 | ▲ 338% |
| Other amounts receivable41 | - | €2,633 | - | €28,867 | €60,184 | €14,919 | ▼ 75.2% |
| Current investments50/53 | - | €60,145 | €132,776 | €320,002 | €293,940 | €307,442 | ▲ 4.6% |
| Cash at bank and in hand54/58 | €10,375 | €19,328 | €40,564 | €40,759 | €19,590 | €38,246 | ▲ 95.2% |
| Deferred charges and accrued income490/1 | - | - | €2,377 | €2,377 | €746 | €1,292 | ▲ 73.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €10,375 | €106,906 | €211,893 | €408,784 | €464,603 | €481,729 | ▲ 3.7% |
| Equity10/15 | €2,481 | €47,166 | €170,294 | €378,584 | €420,880 | €377,266 | ▼ 10.4% |
| Contributions10/11 | - | €100 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €2,381 | €47,066 | €170,194 | €378,484 | €420,780 | €377,166 | ▼ 10.4% |
| Amounts payable17/49 | €7,895 | €59,739 | €41,598 | €30,200 | €43,723 | €104,463 | ▲ 139% |
| Amounts payable within one year42/48 | €7,895 | €59,685 | €41,598 | €30,200 | €43,723 | €104,463 | ▲ 139% |
| Trade debts44 | €1,340 | - | - | €835 | €20 | €1,353 | ▲ 66× |
| Suppliers440/4 | - | - | - | €835 | €20 | €1,353 | ▲ 66× |
| Taxes, remuneration and social security45 | - | €24,861 | €38,873 | €29,365 | €13,703 | €33,103 | ▲ 142% |
| Taxes450/3 | - | €24,861 | €38,873 | €26,440 | €13,703 | €30,226 | ▲ 121% |
| Remuneration and social security454/9 | - | - | - | €2,925 | €0 | €2,877 | - |
| Other amounts payable47/48 | - | €34,824 | €2,726 | - | €30,000 | €70,007 | ▲ 133% |
| Accrued charges and deferred income492/3 | - | €55 | - | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,381 | €44,686 | €124,728 | €208,290 | €89,362 | €117,526 | ▲ 31.5% |
| + Depreciation and write-downs630 | - | €451 | €570 | €1,190 | €0 | €5,625 | - |
| Operating cash flow (approximation) | €2,381 | €45,137 | €125,298 | €209,480 | €89,362 | €123,151 | ▲ 37.8% |
| Investment in fixed assets (approximation) | - | - | €0 | -€4,000 | -€50 | -€62,636 | ▼ 125,272% |
| Change in cash | - | €8,953 | €21,237 | €194 | -€21,168 | €18,655 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277741 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00416873 | |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00318213 | |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00320973 | |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20291213 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28000380 |
Board & ownership
Directors
Directors
1 director
Vandecruys Jonas
Current
Owners and capital
Owners
Network & group
AXVAN shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of AXVAN. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
10-07
micro format · 21 days before the deadline
2025
28-08
micro format · 28 days late
2024
01-08
micro format · 1 day late
2023
31-12
Financial
Highest result from 2020 to 2025net €208,290 ▲67%
The net result of €208,290 is the highest of those years.
31-12
Financial
Liquidity more than doubledcurrent ratio 13.29
The current ratio rises from 4.98 to 13.29. Short-term debt falls from €41,598 to €30,200.
31-12
Financial
Equity above €200,000equity €378,584 ▲122%
With a profit in every financial year since 2020, equity grows to €378,584.
31-08
Name clause · Legal form clause
09-08
micro format · 9 days late
2022
31-12
Financial
Liquidity more than doubledcurrent ratio 4.98
The current ratio rises from 1.70 to 4.98. Short-term debt falls from €59,685 to €41,598.
31-12
Financial
Equity above €150,000equity €170,294 ▲261%
With a profit in every financial year since 2020, equity grows to €170,294.
17-08
micro format · 17 days late
2021
30-06
micro format · 31 days before the deadline
2020
08-10
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
AXVAN in Dutch
Enterprise number
0755.765.897
Legal form
Private limited company
Status
Active, normale toestand
Founded
06-10-2020
Entity type
Legal entity
Registered office and establishments
Registered office
Bel 25, 2440 Geel, Belgium
Establishment unit
AXVAN, Bel 25, 2440 Geel since 06-10-2020 · unit number 2.309.339.67363920 Other information service activities
Activities
NACEBEL 202564210
Activities of holding companies main activity
70200
Business and other management consultancy
Codes under NACEBEL 2008
64200
Holdings main activity
70220
Business consulting
Invoicing and payment
VAT number
BE 0755.765.897
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
786 m²
Building footprint
135 m²
Building volume
885 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13008I1635/00B009 | Flanders | 786 m² | 1 · 135 m² | 9.1 m · 2 |