AXYO
ActiveSummary
The computed 12-month bankruptcy probability of AXYO is 1.9% (moderate). The 2024 annual accounts show equity of €61k and a net result of €2k. 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
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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 €3.5k 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 advice for your own amount and term
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
Sector 46
higher
← 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 →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€61k▲ 4.1%
2023 · €59k
2021: €1k
2022: €49k
2023: €59k
2021 → 2024
Total assets
€124k▲ 73.9%
2023 · €71k
2021: €3k
2022: €66k
2023: €71k
2021 → 2024
Net result
€2k▼ 75.1%
2023 · €10k
2021: €-805
2022: €48k
2023: €10k
2021 → 2024
Working capital
€58k▲ 1.2%
2023 · €58k
2021: €264
2022: €48k
2023: €58k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€1k-€49k▲ 4,000%€59k▲ 19.5%€61k▲ 4.1%
Operating result€-805-€61k€14k▼ 77.0%€5k▼ 66.8%
Net result€-805-€48k€10k▼ 80.0%€2k▼ 75.1%
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 €124k
Fixed assets
€2k ▲ 743%
Current assets
€122k ▲ 72.4%
Equity and liabilities €124k
Equity
€61k ▲ 4.1%
Debt
€63k ▲ 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
€5k▼
2023 · €14k
Cash flow
€3k▼
2023 · €10k
Current ratio
1.93▼
2023 · 5.53
Quick ratio
1.06▼
2023 · 5.53
Debt to equity
1.04▲
2023 · 0.22
ROE
3.9%▼
2023 · 16.3%
ROA
1.9%▼
2023 · 13.4%
Interest coverage
5.47▼
2023 · 11.20
Debt ≤ 1 year
€63k▲
2023 · €13k
Income taxes
€1k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€71k€124k▲
Formation expenses20€551€360▼
Fixed assets21/28€252€2k▲
Tangible fixed assets22/27€252€2k▲
Furniture and vehicles24€252€2k▲
Current assets29/58€71k€122k▲
Stocks and contracts in progress3-€55k
Stocks30/36-€55k
Amounts receivable within one year40/41€29k€8k▼
Trade receivables40€29k€48▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€41k€59k▲
Deferred charges and accrued income490/1€213€0▼
Equity and liabilities
Total equity and liabilities10/49€71k€124k▲
Equity10/15€59k€61k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€57k€59k▲
Amounts payable17/49€13k€63k▲
Amounts payable within one year42/48€13k€63k▲
Trade debts44€224€1k▲
Suppliers440/4€224€1k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€5k€59k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€46k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€384€797▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€368€36▼
Gross operating margin9900€16k€7k▼
Operating profit (loss)9901€14k€5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€997▼
Recurring financial charges65€1k€997▼
Profit (loss) for the period before taxes9903€13k€4k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€10k€2k▼
Profit (loss) for the period to be appropriated9905€10k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€59k▲
Profit (loss) brought forward from the previous period14P€47k€57k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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 €48k
Net result €48k 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.
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
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.
Faubourg de Mons 321400 NivellesGround 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
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.
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 977 companies in sector 46431 we hold annual accounts for 705. 428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:alexandredesmet@gmail.com