DAXEL GROUP
ActiveSummary
The computed 12-month bankruptcy probability of DAXEL GROUP is 4.2% (elevated). The annual accounts of DAXEL GROUP for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-9k. Equity is growing by ~40% per year across the filed fiscal years. Its solvency ranks better than 30% of 7500 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-53
Solvency49▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.32 against 1.27 in 2024; short-term debt: 75.9% and cash: 2.2% of total assets), and 75.9% of the assets are financed with debt.
Credit check 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2025Solvency, return and age of the figures
Solvency
24.1%
Return on assets
-25.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 6 filingsDeviation from the deadline
2025
27 d late
2024
33 d late
2023
28 d late
2022
on the day
2020
2 d late
2019
55 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 51.0%
2024 · €19k
2019: €-2klowest value
2020: €-269▲ +84.7% vs 2019
2022: €9k
2023: €13k▲ +39.2% vs 2022
2024: €19k▲ +43.3% vs 2023highest value
2025: €9k▼ -51.0% vs 2024
2019 → 2025
Total assets
€38k▼ 56.9%
2024 · €88k
2019: €12klowest value
2020: €31k▲ +153% vs 2019
2022: €81k
2023: €75k▼ -8.0% vs 2022
2024: €88k▲ +17.3% vs 2023highest value
2025: €38k▼ -56.9% vs 2024
2019 → 2025
Net result
€-9k
2024 · €6k
2019: €-2k
2020: €1k▲ +185% vs 2019
2022: €7khighest value
2023: €4k▼ -44.9% vs 2022
2024: €6k▲ +53.7% vs 2023
2025: €-9k▼ -269% vs 2024lowest value
2019 → 2025
Working capital
€9k▼ 51.0%
2024 · €19k
2019: €-2klowest value
2020: €-403▲ +79.9% vs 2019
2022: €9k
2023: €13k▲ +39.2% vs 2022
2024: €19k▲ +43.3% vs 2023highest value
2025: €9k▼ -51.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-269-€9k€13k▲ 39.2%€19k▲ 43.3%€9k▼ 51.0%
2020: €-269lowest value
2022: €9k
2023: €13k▲ +39.2% vs 2022
2024: €19k▲ +43.3% vs 2023highest value
2025: €9k▼ -51.0% vs 2024
Operating result€2k-€8k▲ 405%€6k▼ 22.0%€9k▲ 38.9%€-7k
2020: €2k
2022: €8k
2023: €6k▼ -22.0% vs 2022
2024: €9k▲ +38.9% vs 2023highest value
2025: €-7k▼ -183% vs 2024lowest value
Net result€1k-€7k▲ 346%€4k▼ 44.9%€6k▲ 53.7%€-9k
2020: €1k
2022: €7khighest value
2023: €4k▼ -44.9% vs 2022
2024: €6k▲ +53.7% vs 2023
2025: €-9k▼ -269% vs 2024lowest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €38k
Equity
€9k ▼ 51.0%
Debt
€29k ▼ 58.5%
Debt's share of the balance-sheet total falls from 78.8% to 75.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.32▲
2024 · 1.27
Debt to equity
3.15▼
2024 · 3.73
ROE
-104.1%▼
2024 · 30.2%
ROA
-25.1%▼
2024 · 6.4%
Debt ≤ 1 year
€29k▼
2024 · €69k
Income taxes
€2k▼
2024 · €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 · 2025 against 2024 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€38k▼
Current assets29/58€88k€38k▼
Amounts receivable within one year40/41€88k€37k▼
Trade receivables40€79k€37k▼
Other amounts receivable41€9k€295▼
Cash at bank and in hand54/58€73€848▲
Equity and liabilities
Total equity and liabilities10/49€88k€38k▼
Equity10/15€19k€9k▼
Profit (loss) carried forward14€19k€9k▼
Amounts payable17/49€69k€29k▼
Amounts payable within one year42/48€69k€29k▼
Trade debts44€59k€26k▼
Suppliers440/4€59k€26k▼
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€4k€211▼
Taxes450/3€3k€211▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€4k€1k▼
Income statement
Code20242025
Other operating charges640/8€1k€3k▲
Gross operating margin9900€10k€-4k▼
Operating profit (loss)9901€9k€-7k▼
Financial charges65/66B€330€151▼
Recurring financial charges65€330€151▼
Profit (loss) for the period before taxes9903€9k€-7k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€6k€-9k▼
Profit (loss) for the period to be appropriated9905€6k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€9k▼
Profit (loss) brought forward from the previous period14P€13k€19k▲
Accounts by statement
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112 | €22 | €0 | - | - | - |
| Other operating charges640/8 | - | - | €2k | €1k | €3k | ▲ 197% |
| Gross operating margin9900 | €11k | €8k | €8k | €10k | €-4k | ▼ 141% |
| Operating profit (loss)9901 | €2k | €8k | €6k | €9k | €-7k | ▼ 183% |
| Financial income75/76B | - | €1k | €305 | - | - | - |
| Recurring financial income75 | - | €1k | €305 | - | - | - |
| Financial charges65/66B | - | €616 | €321 | €330 | €151 | ▼ 54.2% |
| Recurring financial charges65 | €100 | €616 | €321 | €330 | €151 | ▼ 54.2% |
| Profit (loss) for the period before taxes9903 | €2k | €9k | €6k | €9k | €-7k | ▼ 188% |
| Income taxes67/77 | €29 | €2k | €3k | €3k | €2k | ▼ 29.4% |
| Profit (loss) for the period9904 | €1k | €7k | €4k | €6k | €-9k | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | €1k | €7k | €4k | €6k | €-9k | ▼ 269% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €81k | €75k | €88k | €38k | ▼ 56.9% |
| Fixed assets21/28 | €134 | - | - | - | - | - |
| Tangible fixed assets22/27 | €134 | - | - | - | - | - |
| Current assets29/58 | €30k | €81k | €75k | €88k | €38k | ▼ 56.9% |
| Amounts receivable within one year40/41 | €30k | €81k | €75k | €88k | €37k | ▼ 57.9% |
| Trade receivables40 | - | €81k | €75k | €79k | €37k | ▼ 53.4% |
| Other amounts receivable41 | - | - | - | €9k | €295 | ▼ 96.8% |
| Cash at bank and in hand54/58 | €921 | - | €3 | €73 | €848 | ▲ 1,062% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €81k | €75k | €88k | €38k | ▼ 56.9% |
| Equity10/15 | €-269 | €9k | €13k | €19k | €9k | ▼ 51.0% |
| Profit (loss) carried forward14 | €-269 | €9k | €13k | €19k | €9k | ▼ 51.0% |
| Amounts payable17/49 | €31k | €72k | €62k | €69k | €29k | ▼ 58.5% |
| Amounts payable within one year42/48 | €31k | €72k | €62k | €69k | €29k | ▼ 58.5% |
| Trade debts44 | €27k | €72k | €62k | €59k | €26k | ▼ 57.0% |
| Suppliers440/4 | - | €72k | €62k | €59k | €26k | ▼ 57.0% |
| Advances received on contracts in progress46 | - | - | - | €2k | €2k | = |
| Taxes, remuneration and social security45 | - | - | - | €4k | €211 | ▼ 95.3% |
| Taxes450/3 | - | - | - | €3k | €211 | ▼ 92.7% |
| Remuneration and social security454/9 | - | - | - | €2k | - | - |
| Other amounts payable47/48 | - | - | - | €4k | €1k | ▼ 71.4% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €7k | €4k | €6k | €-9k | ▼ 269% |
| + Depreciation and write-downs630 | €112 | €22 | €0 | - | - | - |
| Operating cash flow (approximation) | €2k | €7k | €4k | €6k | €-9k | ▼ 269% |
| Change in cash | - | - | - | €70 | €775 | ▲ 1,007% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €7k ▲346%
Net result €7k, the highest in the series.
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Anderlecht · 1 establishment unit since 2019
Ground area
120 m²
Building footprint
66 m²
Volume, LiDAR
438 m³
Parcel 21001A0334/00N002, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DAXEL GROUP
since 20192.288.363.820
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0334/00N002 | Brussels | 120 m² | 1 · 66 m² | 11.3 m · 3 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 8,918 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 (pre-2019)
Founded19-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43331Floor and wall tiling
43350Other building finishing work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.