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AXXES

Active Public limited companyfounded 1998active for 28 yearsEntrepotkaai 10A, 2000 AntwerpKBO/BCE: BE 0462.721.177 subsidiary of Tech Tribes#1 employer in Antwerp, Telecoms and IT sector
Part of the group Tech Tribes Group 9 companies in 2 countries
See the group

Lifetime

19 annual accounts with figures on one time axis, 27 filings since 1999
peak €100.3m (2024)
€67.1m▼ 33.1%
peak €8.0m (2024)
€7.4m▼ 7.3%
peak €16.5m (2024)
€14.9m▼ 9.5%
€28.9m▼ 2.9%
peak 288.8 FTE (2024)
268.8 FTE▼ 6.9%
Board23 names since 2010all names
2 directorsTech Tribes and 1 other
Owners3 names in the annual accounts
consolidatesTech Tribes Group
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Turnover from €100.3m to €67.1m2 directors appointed 17-122 directors appointed, 4 resignations 27-10Dividend €9.0mCash from €648,129 to €18,350

Key points

from the 2025 annual accounts

Equity

€14.9m ▼ 9.5%
16.52024+7.4Profit-9.0Dividend14.92025

AXXES paid out €9.0m in dividends. That is 121% of the 2025 profit.

Turnover

€67.1m ▼ 33.1%
€100m2024€67m2025

Turnover fell in 2025 from €100.3m to €67.1m.

Payment terms

65 days to suppliers
Suppliers
31 to 65
Customers
44 to 59

AXXES pays its suppliers 34 days later than in 2024. Customers pay 15 days later.

Liquidity

0.77 was 2.93 in 2024

Short-term debts rose from €8.1m to €28.9m.

Filings

27 annual accounts since 1999
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 29 to 74 days before the end of the period.

Position in the sector

€7.4m

Higher net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.

Checked score

88
Excellent
Financially stronger than 37% of large companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 39 companies (NACE 62, large).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

59-2equity 34.0% of total assets
15-32short-term debt 65.9% · cash 0.0%
71-10return on assets 16.9%

Score breakdown

raises risk
Liquidity: current ratio 0.77, cash €18,350, halved
lowers risk
Size: turnover €67.1m, 268.8 FTE, total assets €43.9m
Sector: Computer programming, consultancy and related activities (NACE 62)
Legal form: public limited company
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, large). It does better than 46% of them on solvency, 19% on liquidity, 70% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 321 companies had the same profile as AXXES has now. Each dot is one company, two years later.

97.5%
were still trading
2.5%
stopped another way
0.0%
went bankrupt
  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of AXXES itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 321 companies, not a prediction for AXXES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,300,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.77 (2.93 in 2024), below 1. Short-term debt is 65.9% and cash 0% of total assets. 66% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.77, cash €18,350, halved
NBB · annual accounts
lowers risk · Size: turnover €67.1m, 268.8 FTE, total assets €43.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Legal form: public limited company
KBO
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
29 days early
2023
65 days early
2022
74 days early
2021
66 days early
2020
65 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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.
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

E
Managing director, Tomas D'huys
TT
Managing director, Benjamin Goesaert
RI
Auditor, Sébastien DECKERS

Shares in 2 companies, Euricom and Kangaroot Holding

Board & ownership

Recent changes

2 directors appointed Tech Tribes NV (managing director) and Elmosa BV (managing director) · Permanent representatives: Benjamin Goesaert and Tomas D'huys · Board meeting of 01-12-2025 · Gazette deed
2 directors appointed, 4 resignations Resignations: Seal Solutions BV, MDVH BE BV, NPM Capital Investments B1 BV and Project 86 BV (day-to-day manager) · Permanent representatives: Jan Goesaert, Mathieu Devos, Hiram Claus, Benjamin Goesaert, Tomas Dhuys and Stijn Van Herbruggen · Appointments: Tech Tribes NV and Elmosa BV · Board meeting of 30-09-2025 · Gazette deed
4 directors appointed, 5 resignations Resignations: Tech Tribes NV (day-to-day manager), Seal Solutions BV, Bemacx BV, Benoit Graulich BV and Project 86 BV (day-to-day manager) · Appointments: NPM Capital Investments B1 BV, Project 86 BV (day-to-day manager), MDVH BE BV and Seal Solutions BV · Permanent representatives: Benjamin Goesaert, Jan Goesaert, Bert Godefroid, Benoit Graulich, Hiram Claus and Mathieu Devos · General meeting of 25-04-2024 · Gazette deed
2 directors resigning MDVH BE BV and SEAL SOLUTIONS BV · Permanent representatives: Mathieu DEVOS and Jan Roger GOESAERT · Director discharge: MDVH BE BV · General meeting of 15-05-2024 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
AXXES Antwerp €67.1m 9.3% 34.0% 268.8
CHEOPS TECHNOLOGY Kontich €74.3m 9.1% 20.8% 336.1
ITINERIS Ghent €71.4m 11.8% 59.3% 224.1
RANDSTAD DIGITAL BELGIUM Leuven €55.8m -0.9% 55.2% 345.7
COMPUTER TASK GROUP BELGIUM Machelen (Brab.) €53.3m 4.0% 57.8% 300.3
Centrum voor Informatica Ghent €54.8m 23.2% 56.5% 274.8
PAUWELS CONSULTING Machelen (Brab.) €89.2m 6.4% 44.9% 386.2
-10%0%10%20%€50m€500m€5bnAXXESEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as AXXES: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €36m and €50m, founded between 1989 and 2003.

Official details

Source: KBO
Status
Active since 19-02-1998Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment unit
2.086.119.1172000 Antwerp, since 30-03-1998
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€43.9m▼ 5.3%
Employeeson 31-12-2025
262▼ 8.7%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Companies linked to AXXES

Insights on AXXES

AXXES has existed since 1998. Turnover grew from €3.4m in 2007 to €67.1m in 2025 and staff from 29 to 268.8 full-time equivalents.

Tech Tribes holds all the shares. In October 2025, four directors stepped down. In December 2025, the Official Gazette published the appointment of Tech Tribes as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AXXES

What is the company number of AXXES?
The company number of AXXES is 0462.721.177. The VAT number is the same number with BE in front: BE 0462.721.177.
Where is AXXES based?
The registered office is at Entrepotkaai 10A, 2000 Antwerp.Company details
What does AXXES do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of AXXES?
AXXES is a public limited company (NV).
When was AXXES founded?
AXXES was founded on 19-02-1998.
Is AXXES still active?
Yes, AXXES is an active enterprise in the KBO register.
How many employees does AXXES have?
AXXES had an average of 268.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AXXES fall under?
In its 2025 annual accounts, AXXES states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of AXXES?
The turnover of AXXES was €67.1m in financial year 2025, according to the filed annual accounts.
Is AXXES profitable?
In financial year 2025, AXXES made a profit of €7.4m.
Where can I find the annual accounts of AXXES?
AXXES filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AXXES due?
AXXES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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