AXYO
ActiveSummary
The computed 12-month bankruptcy probability of AXYO is 1.9% (moderate). The 2024 annual accounts show equity of €60,938 and a net result of €2,383. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 15869 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability67▼-19
Solvency74▼-26
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 5.53 in 2023; short-term debt: 50.9% and cash: 47.6% of total assets), but 50.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.1%
Return on assets
1.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
14 d late
2022
1 d late
2021
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€60,938▲ 4.1%
2023 · €58,555
Total assets
€124,014▲ 73.9%
2023 · €71,310
Net result
€2,383▼ 75.1%
2023 · €9,570
Working capital
€58,454▲ 1.2%
2023 · €57,753
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€805-€60,894€14,000▼ 77.0%€4,654▼ 66.8%
Net result-€805within the sector's middle half-€47,790above the sector's middle half€9,570within the sector's middle half▼ 80.0%€2,383within the sector's middle half▼ 75.1%
Equity€1,195below the sector's middle half-€48,985within the sector's middle half▲ 4,000%€58,555within the sector's middle half▲ 19.5%€60,938within the sector's middle half▲ 4.1%
Total assets€3,212below the sector's middle half-€66,483below the sector's middle half▲ 1,970%€71,310within the sector's middle half▲ 7.3%€124,014within the sector's middle half▲ 73.9%
Debt€2,018-€17,498▲ 767%€12,755▼ 27.1%€63,076▲ 395%
Working capital€264within the sector's middle half-€47,798within the sector's middle half▲ 18,034%€57,753within the sector's middle half▲ 20.8%€58,454within the sector's middle half▲ 1.2%
Solvency73.7%above the sector's middle half82.1%above the sector's middle half▲ 8.4pp49.1%within the sector's middle half▼ 33.0pp
Current ratio3.73above the sector's middle half5.53above the sector's middle half▲ 1.801.93within the sector's middle half▼ 3.60
Return on assets (ROA)71.9%above the sector's middle half13.4%above the sector's middle half▼ 58.5pp1.9%within the sector's middle half▼ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €123,654
Fixed assets
€2,123 ▲ 743%
Current assets
€121,530 ▲ 72.4%
Equity and liabilities €124,014
Equity
€60,938 ▲ 4.1%
Debt
€63,076 ▲ 395%
Debt's share of the balance-sheet total rises from 17.9% to 50.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,452▼
2023 · €14,385
Cash flow
€3,180▼
2023 · €9,955
Quick ratio
1.06▼
2023 · 5.53
Debt to equity
1.04▲
2023 · 0.22
ROE
3.9%▼
2023 · 16.3%
Interest coverage
5.47▼
2023 · 11.20
Debt ≤ 1 year
€63,076▲
2023 · €12,755
Income taxes
€1,274▼
2023 · €3,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.3%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €41,182 | €46,288 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20 | €326 | €384 | €797 | ▲ 108% |
| Other operating charges640/8 | €348 | €2,293 | €1,250 | €1,159 | ▼ 7.3% |
| Non-recurring operating charges66A | - | - | €368 | €36 | ▼ 90.2% |
| Gross operating margin9900 | -€438 | €63,514 | €16,003 | €6,647 | ▼ 58.5% |
| Operating profit (loss)9901 | -€805 | €60,894 | €14,000 | €4,654 | ▼ 66.8% |
| Financial income75/76B | - | - | €0 | €0 | ▼ 80.0% |
| Recurring financial income75 | - | - | €0 | €0 | ▼ 80.0% |
| Financial charges65/66B | - | €1,166 | €1,285 | €997 | ▼ 22.4% |
| Recurring financial charges65 | - | €929 | €1,285 | €997 | ▼ 22.4% |
| Non-recurring financial charges66B | - | €237 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€805 | €59,728 | €12,716 | €3,657 | ▼ 71.2% |
| Income taxes67/77 | - | €11,938 | €3,145 | €1,274 | ▼ 59.5% |
| Profit (loss) for the period9904 | -€805 | €47,790 | €9,570 | €2,383 | ▼ 75.1% |
| Profit (loss) for the period to be appropriated9905 | -€805 | €47,790 | €9,570 | €2,383 | ▼ 75.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3,212 | €66,483 | €71,310 | €124,014 | ▲ 73.9% |
| Formation expenses20 | €931 | €741 | €551 | €360 | ▼ 34.6% |
| Fixed assets21/28 | - | €446 | €252 | €2,123 | ▲ 743% |
| Tangible fixed assets22/27 | - | €446 | €252 | €2,123 | ▲ 743% |
| Furniture and vehicles24 | - | €446 | €252 | €2,123 | ▲ 743% |
| Current assets29/58 | €2,281 | €65,297 | €70,508 | €121,530 | ▲ 72.4% |
| Stocks and contracts in progress3 | - | - | - | €54,888 | - |
| Stocks30/36 | - | - | - | €54,888 | - |
| Amounts receivable within one year40/41 | €281 | €22,395 | €29,040 | €7,632 | ▼ 73.7% |
| Trade receivables40 | - | €21,780 | €29,040 | €48 | ▼ 99.8% |
| Other amounts receivable41 | €281 | €615 | - | €7,584 | - |
| Cash at bank and in hand54/58 | €2,000 | €42,699 | €41,254 | €59,011 | ▲ 43.0% |
| Deferred charges and accrued income490/1 | - | €203 | €213 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3,212 | €66,483 | €71,310 | €124,014 | ▲ 73.9% |
| Equity10/15 | €1,195 | €48,985 | €58,555 | €60,938 | ▲ 4.1% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€805 | €46,985 | €56,555 | €58,938 | ▲ 4.2% |
| Amounts payable17/49 | €2,018 | €17,498 | €12,755 | €63,076 | ▲ 395% |
| Amounts payable within one year42/48 | €2,018 | €17,498 | €12,755 | €63,076 | ▲ 395% |
| Trade debts44 | - | €3,944 | €224 | €1,071 | ▲ 378% |
| Suppliers440/4 | - | €3,944 | €224 | €1,071 | ▲ 378% |
| Taxes, remuneration and social security45 | - | €13,555 | €7,707 | €3,074 | ▼ 60.1% |
| Taxes450/3 | - | €13,555 | €7,707 | €3,074 | ▼ 60.1% |
| Other amounts payable47/48 | €2,018 | - | €4,823 | €58,931 | ▲ 1,122% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€805 | €47,790 | €9,570 | €2,383 | ▼ 75.1% |
| + Depreciation and write-downs630 | €20 | €326 | €384 | €797 | ▲ 108% |
| Operating cash flow (approximation) | -€785 | €48,117 | €9,955 | €3,180 | ▼ 68.1% |
| Investment in fixed assets (approximation) | - | - | -€190 | -€2,669 | ▼ 1,303% |
| Change in cash | - | €40,699 | -€1,445 | €17,757 | ▲ 1,329% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Back to profitnet €47,790
Net result €47,790 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.73
Current ratio from 1.13 to 3.73.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Nivelles · 1 establishment unit since 2021
Ground area
216 m²
Building footprint
211 m²
Volume, LiDAR
1,106 m³
Parcel 25783E0289/00E000, Wallonia · tallest building 11.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AXYO
since 20212.325.337.250
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0289/00E000 | Wallonia | 216 m² | 1 · 211 m² | 11.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WANKO
BE 0473.397.612
Turnhout · Eq €60,970
Talkpool
BE 0884.160.146
Mechelen · Eq €60,884
FUMEX
BE 0770.301.348
Schelle · Eq €61,061
Wolec
BE 0400.666.220
Zaventem · Eq €61,152
OXONOMIA
BE 0884.456.589
Sint-Jans-Molenbeek · Eq €61,528
Of 979 companies in sector 46431 we hold annual accounts for 706. 429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
Contact
E-mail
alexandredesmet@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777625343
Registered
24-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.