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AXXACO

Active
Private limited companyfounded 201115 yrs activeLangevelde 22, 1785 Merchtem, BelgiumKBO/BCE: BE 0834.934.131

AXXACO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €502k and a net result of €23k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+4
Solvency82▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.04 in 2024; short-term debt: 14.3% of total assets), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
56.8%
Return on assets
2.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
on the day
2023
6 d early
2022
18 d late
2021
23 d late
2020
31 d late
2019
31 d late
← 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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€502k▲ 4.7%
2024 · €479k
2018: €414k 2019: €429k 2020: €430k 2021: €435k 2022: €444k 2023: €460k 2024: €479k
2018 → 2025
Total assets
€884k▲ 1.3%
2024 · €873k
2018: €851k 2019: €858k 2020: €848k 2021: €848k 2022: €887k 2023: €879k 2024: €873k
2018 → 2025
Net result
€23k▲ 17.3%
2024 · €19k
2018: €12k 2019: €15k 2020: €945 2021: €6k 2022: €8k 2023: €17k 2024: €19k
2018 → 2025
Working capital
€-119k▲ 15.1%
2024 · €-140k
2018: €-91k 2019: €-94k 2020: €-88k 2021: €-88k 2022: €-94k 2023: €-150k 2024: €-140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€435k-€444k▲ 1.9%€460k▲ 3.8%€479k▲ 4.2%€502k▲ 4.7%
Operating result€20k-€24k▲ 24.5%€36k▲ 47.2%€37k▲ 4.4%€43k▲ 15.9%
Net result€6k-€8k▲ 52.6%€17k▲ 98.3%€19k▲ 15.1%€23k▲ 17.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €20k€20kNet result 2021: €6k€6kOperating result 2022: €24k€24kNet result 2022: €8k€8kOperating result 2023: €36k€36kNet result 2023: €17k€17kOperating result 2024: €37k€37kNet result 2024: €19k€19kOperating result 2025: €43k€43kNet result 2025: €23k€23k20212022202320242025
The operating result has risen four years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €884k
Fixed assets €877k▲ 1.0%
Current assets €7k▲ 39.2%
Equity and liabilities €884k
Equity €502k▲ 4.7%
Debt €382k▼ 2.9%
The debt ratio falls from 45.1% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48k
2024 · €42k
Cash flow
€27k
2024 · €24k
Solvency
56.8%
2024 · 54.9%
Current ratio
0.06
2024 · 0.04
Quick ratio
0.06
2024 · 0.04
Debt / equity
0.76
2024 · 0.82
ROE
4.5%
2024 · 4.0%
ROA
2.5%
2024 · 2.2%
Interest coverage
4.86
2024 · 4.33
Debt
€382k
2024 · €394k
Debt ≤ 1 year
€126k
2024 · €145k
Debt > 1 year
€175k
2024 · €175k
Income taxes
€11k
2024 · €8k
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€873k€884k
Fixed assets21/28€868k€877k
Tangible fixed assets22/27€718k€727k
Land and buildings22€718k€726k
Furniture and vehicles24-€960
Financial fixed assets28€150k€150k=
Current assets29/58€5k€7k
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€2k€7k
Equity and liabilities
Total equity and liabilities10/49€873k€884k
Equity10/15€479k€502k
Contributions10/11€346k€346k=
Reserves13€132k€154k
Distributable reserves133€132k€154k
Profit (loss) carried forward14€1k€1k
Amounts payable17/49€394k€382k
Amounts payable after more than one year17€175k€175k
Financial debts170/4€173k€173k
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€145k€126k
Current portion of amounts payable after more than one year42€19k€11k
Financial debts43€1k€3k
Credit institutions430/8€1k€3k
Trade debts44€909€738
Suppliers440/4€909€738
Taxes, remuneration and social security45€15k€11k
Taxes450/3€14k€11k
Remuneration and social security454/9€516€516=
Other amounts payable47/48€109k€100k
Accrued charges and deferred income492/3€73k€81k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k
Other operating charges640/8€3k€4k
Gross operating margin9900€45k€52k
Operating profit (loss)9901€37k€43k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€10k€10k
Recurring financial charges65€10k€10k
Profit (loss) for the period before taxes9903€28k€33k
Income taxes67/77€8k€11k
Profit (loss) for the period9904€19k€23k
Profit (loss) for the period to be appropriated9905€19k€23k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€24k
Profit (loss) brought forward from the previous period14P€1k€1k
Transfer to equity691/2€19k€23k
To other reserves6921€19k€23k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €23k ▲17.3%
Operating result €43k, net result €23k, both a record.
31-12
Financial Equity above €500kEq €502k ▲4.7%
8 profitable years in a row build equity to €502k.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €945 ▼93.6%
Net result drops to €945, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
30-06
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
7 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, Merchtem · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Langevelde 221785 Merchtem
Ground area
7,736 m²
Building footprint
400 m²
Volume, LiDAR
1,705 m³
Parcel 23052E0222/00H000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
"AXXACO"
Langevelde 22, 1785 MerchtemFinancial service activities, except insurance and pension funding
since 20112.199.753.924
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23052E0222/00H000 Flanders 7,736 m² 1 · 400 m² 6.6 m · 1 fl.
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

2025 · 1 entry · 4,097 EUR awarded · 4,097 EUR paid
Year Entries awardedpaid
2025 1 4,097 EUR4,097 EUR
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 4,097 EUR · 4,097 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 34,590 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-03-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.