BAXX
ActiveSummary
The computed 12-month bankruptcy probability of BAXX is 2.5% (moderate). The 2025 annual accounts show equity of €24k and a net result of €19k. Equity is shrinking by ~13.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+26
Solvency53▼-37
Growth32=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.72 against 2.65 in 2024; short-term debt: 66.1% and cash: 37.6% of total assets), and 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.2%
Return on assets
22.2%
Age of the figures
9 mo
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 19-02-2026, 162 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
162 d early
2024
135 d early
2023
46 d early
2022
49 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▼ 63.2%
2024 · €64k
2022: €65k
2023: €63k
2024: €64k
2022 → 2025
Total assets
€84k▼ 15.2%
2024 · €99k
2022: €150k
2023: €128k
2024: €99k
2022 → 2025
Net result
€19k▲ 1,009%
2024 · €2k
2022: €60k
2023: €-3k
2024: €2k
2022 → 2025
Working capital
€-16k
2024 · €26k
2022: €104k
2023: €22k
2024: €26k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€65k-€63k▼ 4.2%€64k▲ 2.7%€24k▼ 63.2%
Operating result€77k-€-2k€4k€25k▲ 587%
Net result€60k-€-3k€2k€19k▲ 1,009%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 587% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€44k ▼ 23.2%
Current assets
€40k ▼ 4.3%
Equity and liabilities €84k
Equity
€24k ▼ 63.2%
Debt
€60k ▲ 73.3%
Debt's share of the balance-sheet total rises from 35.1% to 71.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43k▲
2024 · €22k
Cash flow
€37k▲
2024 · €20k
Current ratio
0.72▼
2024 · 2.65
Debt to equity
2.55▲
2024 · 0.54
ROE
78.9%▲
2024 · 2.6%
ROA
22.2%▲
2024 · 1.7%
Interest coverage
76.85▲
2024 · 24.64
Debt ≤ 1 year
€56k▲
2024 · €16k
Debt > 1 year
€5k▼
2024 · €19k
Income taxes
€6k▲
2024 · €2k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€84k▼
Fixed assets21/28€57k€44k▼
Tangible fixed assets22/27€57k€44k▼
Plant, machinery and equipment23€26€4k▲
Furniture and vehicles24€48k€33k▼
Other tangible fixed assets26€9k€7k▼
Current assets29/58€42k€40k▼
Amounts receivable within one year40/41€13k€6k▼
Trade receivables40€3k€5k▲
Other amounts receivable41€10k€2k▼
Current investments50/53€20k-
Cash at bank and in hand54/58€9k€32k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€99k€84k▼
Equity10/15€64k€24k▼
Contributions10/11€5k€5k=
Reserves13€59k€19k▼
Distributable reserves133€59k€19k▼
Amounts payable17/49€35k€60k▲
Amounts payable after more than one year17€19k€5k▼
Financial debts170/4€19k€5k▼
Amounts payable within one year42/48€16k€56k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€188€2k▲
Suppliers440/4€188€2k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48-€38k
Accrued charges and deferred income492/3€170-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€23k€45k▲
Operating profit (loss)9901€4k€25k▲
Financial income75/76B€693€402▼
Recurring financial income75€693€402▼
Financial charges65/66B€873€565▼
Recurring financial charges65€873€565▼
Profit (loss) for the period before taxes9903€3k€25k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€2k€19k▲
Profit (loss) for the period to be appropriated9905€2k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€19k▲
Transfer from equity791/2-€59k
Transfer to equity691/2€2k€19k▲
To other reserves6921€2k€19k▲
Profit to be distributed694/7-€59k
Return on contributions (dividend)694-€59k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼105%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Meerhout · 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.
Jagersweg(Z) 1872450 MeerhoutGround area
1,042 m²
Building footprint
181 m²
Volume, LiDAR
1,182 m³
Parcel 13021A1071/00E000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAXX
since 20212.324.966.472
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021A1071/00E000 | Flanders | 1,042 m² | 1 · 181 m² | 10.6 m · 2 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.