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AXY VASTGOEDMANAGEMENT

Active
Private limited companyfounded 2004active for 22 yearsLangveldstraat 50, 3500 Hasselt, BelgiumKBO/BCE: BE 0865.932.757
Summary

The computed 12-month bankruptcy probability of AXY VASTGOEDMANAGEMENT is 3.1% (moderate). The 2024 annual accounts show equity of €165,535 and a net result of €29,355. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 61% of 19,155 sector peers (NACE 68, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-06-2004 Normal situation
Activity
Development of residential building projects NACE 68121
Establishment unit
2.137.932.755 3600 Genk, since 11-06-2004
Financial year end
31 December
Peppol
Reachable since 30-11-2025

Financial position

52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts 2024
Gross margin
€71,028
▼ 3.2%
Turnover
≈ €180,000
estimated
Profit
€29,355
▲ 1.1%
Equity
€165,535
▲ 21.6%
Total assets
€372,570
▲ 31.3%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 27-09-2025
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 27-09-2025)Liquidity: current ratio 1.66, cash €12,3311 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 accounts lateShow the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 65% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Strong
Solvency 69-4
equity 44.4% of total assets
Liquidity 50-4
short-term debt 16.9% · cash 3.3%
Profitability 79-3
return on assets 7.9%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.6%▼ -0.3 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.5%▼ -0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.7%▲ +1.2 percentage points vs 07-2026 09-2026: 2.1%▲ +0.4 percentage points vs 08-2026 10-2026: 3.1%▲ +1.0 percentage point vs 09-2026highest value 11-2026: 3.1%● unchanged vs 10-2026highest value
Credit of up to €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.66 (1.74 in 2023), above the usual 1.5. Short-term debt is 16.9% and cash 3.3% of total assets. However, 55.6% of the assets are financed with debt and provisions.
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 68, micro). It does better than 60% of them on solvency, 47% on liquidity, 75% on profitability and 76% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 27-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.66, cash €12,331
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 58 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
58 days late
2023
59 days late
2022
61 days late
2021
on the day
2020
19 days early
2019
1 day 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 26 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved to Hasselt
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as AXY VASTGOEDMANAGEMENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €364,000 and €480,000, founded between 2002 and 2006.

CompanyTotal assetsGross margin
AXY VASTGOEDMANAGEMENT Hasselt€372,570€71,028
IMMO-MAR Houthalen-Helchteren€480,071€71,299
VILLAS CHARMETTE Waregem€375,212€61,739
THE BRIDGE BUILDING COMPANY Huldenberg€416,118€63,895
KRIVANO Wortegem-Petegem€364,398€71,097
ALVAST Diest€430,571€71,174
IREAS Kruisem€393,232€58,699
Full comparison

Key facts about AXY VASTGOEDMANAGEMENT

What is the company number of AXY VASTGOEDMANAGEMENT?
The company number of AXY VASTGOEDMANAGEMENT is 0865.932.757. The VAT number is the same number with BE in front: BE 0865.932.757.
Where is AXY VASTGOEDMANAGEMENT based?
The registered office is at Langveldstraat 50, 3500 Hasselt.Company details
What does AXY VASTGOEDMANAGEMENT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of AXY VASTGOEDMANAGEMENT?
The legal form of AXY VASTGOEDMANAGEMENT is Private limited company (BV).
When was AXY VASTGOEDMANAGEMENT founded?
AXY VASTGOEDMANAGEMENT was founded on 23-06-2004.
Is AXY VASTGOEDMANAGEMENT still active?
Yes, AXY VASTGOEDMANAGEMENT is an active enterprise in the KBO register.
What is the turnover of AXY VASTGOEDMANAGEMENT?
The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €71,028 and 47 comparable companies (NACE 681). It probably lies between €95,000 and €390,000.Financials
Is AXY VASTGOEDMANAGEMENT profitable?
In financial year 2024, AXY VASTGOEDMANAGEMENT made a profit of €29,355.
Where can I find the annual accounts of AXY VASTGOEDMANAGEMENT?
AXY VASTGOEDMANAGEMENT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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