AXY
InactiveFinancials · financial year 2026, micro format
Turnover
€450,050▼ 66.8%
2020 · €1.4m
EBIT margin
75.2%▼ 17.1pp
2020 · 92.4%
Net result
€10,775▼ 96.1%
2025 · €273,205
Working capital
€4.1m▲ 7.3%
2024 · €3.8m
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result turns negative in 2026: a loss of €4,994 after €8,641 in 2025, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.5m
2021
Operating result-€0.005m
2026
Net result€0.01m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.1m
2026
Equity€4.1m
2026
Debt€0.09m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4.1m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin75.2%
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Turnover€1.4m€0.5m▼ 66.8%
Operating result€0.6m-€0.9m▲ 37.8%€1.3m▲ 44.8%€0.3m▼ 73.0%€0.5m▲ 40.2%€0.5m▲ 4.2%€0.7m▲ 38.8%€0.009m▼ 98.7%-€0.005m
Net result€0.4m-€0.6m▲ 34.8%€0.8m▲ 44.4%€0.3m▼ 64.6%€0.4m▲ 39.9%€0.4m▼ 6.4%€0.5m▲ 46.9%€0.3m▼ 50.1%€0.01m▼ 96.1%
EBIT margin92.4%75.2%▼ 17.1pp
Equity€1.2m-€1.8m▲ 46.7%€2.6m▲ 45.9%€2.5m▼ 1.6%€2.9m▲ 15.9%€3.3m▲ 12.8%€3.8m▲ 16.7%€4.1m▲ 7.1%€4.1m▲ 0.3%
Total assets€1.4m-€1.9m▲ 31.1%€3.1m▲ 66.0%€2.9m▼ 6.3%€3.0m▲ 2.3%€3.4m▲ 12.8%€3.9m▲ 16.1%€4.2m▲ 6.9%€4.1m▼ 1.9%
Debt€0.2m-€0.1m▼ 45.2%€0.6m▲ 330%€0.4m▼ 27.2%€0.09m▼ 79.5%€0.1m▲ 12.5%€0.09m▼ 3.5%€0.09m▼ 2.5%
Working capital€1.1m-€1.7m▲ 58.3%€2.5m▲ 44.9%€2.4m▼ 4.5%€2.8m▲ 19.3%€3.2m▲ 13.2%€3.8m▲ 18.4%€4.1m▲ 7.3%
Why a figure moved sharply
- 2026 Net result -96% on 2025. This financial year ran 4 months, the previous one 12.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €4.1m
Fixed assets
€40,216 =
Current assets
€4.1m ▼ 1.9%
Key figures and ratios
Solvency
100.0%▲
2025 · 97.8%
ROE
0.3%▼
2025 · 6.7%
ROA
0.3%▼
2025 · 6.5%
Income taxes
€3,602▼
2025 · €75,536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €1.4m | €0.5m | - | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.09m | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €403 | €316 | - | - | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.004m | €0.01m | €0.003m | €0.002m | €135 | ▼ 92.7% |
| Gross operating margin9900 | €0.7m | €0.9m | €1.3m | €0.4m | €0.5m | €0.5m | €0.7m | €0.01m | -€0.005m | - |
| Operating profit (loss)9901 | €0.6m | €0.9m | €1.3m | €0.3m | €0.5m | €0.5m | €0.7m | €0.009m | -€0.005m | - |
| Financial income75/76B | - | - | - | €0.06m | €0.1m | €0.07m | €0.1m | €0.3m | €0.02m | ▼ 94.1% |
| Recurring financial income75 | €0.004m | €0.003m | €0.001m | €0.06m | €0.02m | €0.07m | €0.1m | €0.3m | €0.02m | ▼ 94.1% |
| Non-recurring financial income76B | - | - | - | - | €0.09m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.001m | €0.002m | €0.02m | €0.002m | €0.001m | €0.001m | ▼ 10.8% |
| Recurring financial charges65 | €0.001m | €0.003m | €0.003m | €0.001m | €0.002m | €0.02m | €0.002m | €0.001m | €0.001m | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €0.6m | €0.9m | €1.2m | €0.4m | €0.6m | €0.5m | €0.8m | €0.3m | €0.01m | ▼ 95.9% |
| Income taxes67/77 | €0.2m | €0.3m | €0.4m | €0.1m | €0.2m | €0.2m | €0.3m | €0.08m | €0.004m | ▼ 95.2% |
| Profit (loss) for the period9904 | €0.4m | €0.6m | €0.8m | €0.3m | €0.4m | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.1% |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.6m | €0.8m | €0.3m | €0.4m | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €1.4m | €1.9m | €3.1m | €2.9m | €3.0m | €3.4m | €3.9m | €4.2m | €4.1m | ▼ 1.9% |
| Formation expenses20 | - | - | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.2m | €0.07m | €0.08m | €0.1m | €0.09m | €0.09m | €0.04m | €0.04m | €0.04m | = |
| Tangible fixed assets22/27 | €0.09m | €0.07m | €0.05m | €0.02m | €0.001m | €316 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.001m | €316 | - | - | - | - |
| Financial fixed assets28 | €0.08m | €0.003m | €0.04m | €0.1m | €0.08m | €0.08m | €0.04m | €0.04m | €0.04m | = |
| Current assets29/58 | €1.3m | €1.8m | €3.0m | €2.8m | €2.9m | €3.3m | €3.9m | €4.2m | €4.1m | ▼ 1.9% |
| Amounts receivable within one year40/41 | €0.07m | €0.2m | €0.03m | €0.05m | €0.08m | €0.08m | €0.02m | €0.03m | €0.008m | ▼ 70.9% |
| Trade receivables40 | - | - | - | €0.001m | €0.009m | €0.03m | €0.006m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.05m | €0.07m | €0.05m | €0.02m | €0.03m | €0.008m | ▼ 70.9% |
| Current investments50/53 | €1.2m | €0.4m | €0.8m | €0.6m | €0.8m | €0.7m | €0.8m | - | - | - |
| Cash at bank and in hand54/58 | €0.03m | €1.2m | €2.2m | €2.1m | €2.0m | €2.5m | €3.1m | €4.1m | €4.1m | ▼ 1.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.008m | €0.01m | €0.05m | €0.02m | €0.02m | €0.005m | ▼ 78.6% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €1.4m | €1.9m | €3.1m | €2.9m | €3.0m | €3.4m | €3.9m | €4.2m | €4.1m | ▼ 1.9% |
| Equity10/15 | €1.2m | €1.8m | €2.6m | €2.5m | €2.9m | €3.3m | €3.8m | €4.1m | €4.1m | ▲ 0.3% |
| Contributions10/11 | €0.07m | €0.07m | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Reserves13 | €1.1m | €1.7m | €2.5m | €2.4m | €2.8m | €3.2m | €3.8m | €4.0m | €4.0m | = |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Distributable reserves133 | - | - | - | €2.4m | €2.8m | €3.2m | €3.8m | €4.0m | €4.0m | = |
| Profit (loss) carried forward14 | €246 | €246 | €246 | €246 | €246 | €246 | €246 | €246 | €0.01m | ▲ 45× |
| Amounts payable17/49 | €0.2m | €0.1m | €0.6m | €0.4m | €0.09m | €0.1m | €0.09m | €0.09m | - | - |
| Amounts payable after more than one year17 | €0.06m | €0.03m | €0.008m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.6m | €0.4m | €0.09m | €0.1m | €0.09m | €0.09m | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.008m | - | - | - | - | - | - |
| Trade debts44 | €0.001m | €293 | €219 | €0.002m | €0.001m | €356 | €270 | €0.001m | - | - |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €356 | €270 | €0.001m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.08m | €0.1m | €0.09m | €0.09m | - | - |
| Taxes450/3 | - | - | - | €0.2m | €0.08m | €0.1m | €0.09m | €0.09m | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | - | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.6m | €0.8m | €0.3m | €0.4m | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.1% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €403 | €316 | - | - | - |
| Operating cash flow (approximation) | €0.4m | €0.6m | €0.8m | €0.3m | €0.4m | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.1% |
| Investment in fixed assets (approximation) | - | €0.08m | -€0.03m | -€0.09m | €0.04m | €0 | €0.04m | €0.003m | €0 | ▼ 100% |
| Change in cash | - | €1.2m | €1.0m | -€0.1m | -€0.05m | €0.5m | €0.6m | €1.0m | -€0.04m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 27-04-2026 | micro format | 28-04-2026 | 2026-00090940 |
| 31-12-2025 | micro format | 04-03-2026 | 2026-00048533 |
| 31-12-2024 | micro format | 04-06-2025 | 2025-00118954 |
| 31-12-2023 | micro format | 05-06-2024 | 2024-00110909 |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00128305 |
| 31-12-2021 | abbreviated format | 08-06-2022 | 2022-20050298 |
| 31-12-2020 | abbreviated format | 08-06-2021 | 2021-18100072 |
| 31-12-2019 | micro format | 04-06-2020 | 2020-14800240 |
| 31-12-2018 | micro format | 25-06-2019 | 2019-22800061 |
| 31-12-2017 | micro format | 26-06-2018 | 2018-22800169 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.