Losses
-€3,971 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
BILXMO
Lifetime
18 annual accounts with figures on one time axis, 35 filings since 1991peak €34,392 (2025)
€34,392▲ 47.9%
lowest -€44,804 (2010)
-€1,627▲ €718
peak €525,668 (2018)
€497,043▼ 0.3%
€5,419▲ 26×
Board4 names since 2019
1 directorAMBIX
Owners2 names in the annual accounts
100%AMBIX
Documentsfilings and deeds
06-03-202655 days before the deadline
2025abbreviated format
Gross margin from €23,258 to €34,392Loss of €1,627Algemene Vergadering - Boekjaar 18-04Debts from €211 to €5,419Cash from €34,919 to €65,440
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 63% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.2 percentage points vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.7%▲ +0.2 percentage points vs 02-2026highest value
04-2026: < 0.1%▼ -0.7 percentage points vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €502,462
Equity €497,043 (98.9% of total assets)
Founded in 1989
Liquidity: current ratio 37.55, cash €65,440
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 (no NACE code, micro). It does better than 81% of them on solvency, 63% on liquidity and 46% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as BILXMO has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BILXMO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for BILXMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 37.55, above the usual 1.5. Short-term debt is 1.1% and cash 13% of total assets. 1.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-03-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 days early
2024
42 days early
2023
28 days early
2022
3 days early
2021
10 days early
2020
37 days early
2019
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 33 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Board and ownership
- AMBIX 100%equity €2.9m (2025) · 30-09-2025 annual accounts of AMBIX
- NV Billiet Trading Company - B.T.C. 99.37%annual accounts 31-03-2020
- BILLIET TRADING COMPANY - B.T.C. NV consolidatesequity €27.5m (2025) · annual accounts 31-03-2012
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438751289
Algemene Vergadering - Boekjaar
enige aandeelhouder holds all the shares · General meeting of 26-03-2025 · Gazette deed
Change of role: AMBIX, from manager to director
Permanent representative: BILLIET Christoph Jan Jozef · General meeting of 21-12-2023 · Gazette deed
1 manager appointed, 3 resignations
Resignations: BILLIET TRADING COMPANY - B.T.C., COSY @ TABLE and Billiet Godfried · Permanent representatives: Billiet Christoph and AMBIX · Appointment: AMBIX (manager) · General meeting of 07-12-2019 · Gazette deed
Official details
Source: KBO- Status
- Active since 31-10-1989Normal situation
- Activity
- “De aan- en verkoop,in- en uitvoer,zowel klein als groot,commissiehandel,vertegenwoordiging en consignatie van huishoudartikelen,van huishoudtextiel,van…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.045.830.3648700 Tielt, since 01-12-1989
- Financial year end
- 30 September
- Peppol
- Reachable since 01-10-2026
Annual accounts to 30-09-2025
- €502,462
- Filing
- Filed on 06-03-2026, 55 days before the end of the filing period
Insights on BILXMO
BILXMO files the abbreviated format. That format states no turnover. The gross margin rose from €27,803 in 2007 to €34,392 in 2025.
AMBIX holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BILXMO
- What is the company number of BILXMO?
- The company number of BILXMO is 0438.751.289. The VAT number is the same number with BE in front: BE 0438.751.289.
- Where is BILXMO based?
- The registered office is at Bevrijdingslaan 13, 8700 Tielt.Company details
- What is the legal form of BILXMO?
- BILXMO is a private limited company (BV).
- When was BILXMO founded?
- BILXMO was founded on 31-10-1989.
- Is BILXMO still active?
- Yes, BILXMO is an active enterprise in the KBO register.
- What is the turnover of BILXMO?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €34,392 and 1,231 comparable companies of the same size. It probably lies between €66,000 and €230,000. It is a rough estimate.Financials
- Is BILXMO profitable?
- In financial year 2025, BILXMO made a loss of €1,627.
- Where can I find the annual accounts of BILXMO?
- BILXMO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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