DAXON
ActiveSummary
DAXON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €272,252 and a net result of €40,647. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 64% of 127 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability82▲+4
Solvency95▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.12 in 2025; short-term debt: 13.6% and cash: 0.4% of total assets), and 30.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2026Solvency, return and age of the figures
Solvency
69.7%
Return on assets
10.4%
Age of the figures
6 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
39 d early
2025
10 d early
2024
30 d early
2023
26 d early
2022
35 d early
2021
33 d early
2020
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 1 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€272,252▲ 17.6%
2025 · €231,605
Total assets
€390,471▼ 8.5%
2025 · €426,570
Net result
€40,647▲ 29.3%
2025 · €31,448
Working capital
-€47,981▲ 38.3%
2025 · -€77,718
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
Line20222023202420252026
Operating result€23,366▼ 39.2%€28,829▲ 23.4%€34,911▲ 21.1%€55,860▲ 60.0%€66,120▲ 18.4%
Net result€14,924within the sector's middle half▼ 46.8%€20,557within the sector's middle half▲ 37.7%€19,869within the sector's middle half▼ 3.3%€31,448within the sector's middle half▲ 58.3%€40,647▲ 29.3%
Equity€159,730within the sector's middle half▲ 10.3%€180,287above the sector's middle half▲ 12.9%€200,157within the sector's middle half▲ 11.0%€231,605within the sector's middle half▲ 15.7%€272,252▲ 17.6%
Total assets€372,019within the sector's middle half▲ 7.2%€421,488above the sector's middle half▲ 13.3%€449,536below the sector's middle half▲ 6.7%€426,570within the sector's middle half▼ 5.1%€390,471▼ 8.5%
Debt€212,289▲ 5.0%€241,201▲ 13.6%€249,380▲ 3.4%€194,965▼ 21.8%€118,219▼ 39.4%
Working capital-€184,786below the sector's middle half▼ 10.7%-€70,573below the sector's middle half▲ 61.8%-€78,409below the sector's middle half▼ 11.1%-€77,718below the sector's middle half▲ 0.9%-€47,981▲ 38.3%
Solvency42.9%within the sector's middle half▲ 1.2pp42.8%within the sector's middle half▼ 0.2pp44.5%within the sector's middle half▲ 1.8pp54.3%within the sector's middle half▲ 9.8pp69.7%▲ 15.4pp
Current ratio0.10below the sector's middle half=0.16below the sector's middle half▲ 0.060.11below the sector's middle half▼ 0.040.12below the sector's middle half▲ 0.010.10▼ 0.02
Return on assets (ROA)4.0%within the sector's middle half▼ 4.1pp4.9%within the sector's middle half▲ 0.9pp4.4%within the sector's middle half▼ 0.5pp7.4%within the sector's middle half▲ 3.0pp10.4%▲ 3.0pp
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2026 is 18% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €390,471
Fixed assets
€385,309 ▼ 7.4%
Current assets
€5,162 ▼ 49.9%
Equity and liabilities €390,471
Equity
€272,252 ▲ 17.6%
Debt
€118,219 ▼ 39.4%
Debt's share of the balance-sheet total falls from 45.7% to 30.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97,305▲
2025 · €87,316
Cash flow
€71,832▲
2025 · €62,904
Debt to equity
0.43▼
2025 · 0.84
ROE
14.9%▲
2025 · 13.6%
Interest coverage
15.51▲
2025 · 10.95
Debt ≤ 1 year
€53,143▼
2025 · €88,016
Debt > 1 year
€65,076▼
2025 · €103,605
Income taxes
€19,201▲
2025 · €16,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
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 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,345 | €43,207 | €37,968 | €31,456 | €31,185 | ▼ 0.9% |
| Other operating charges640/8 | €17,884 | €20,242 | €23,839 | €24,031 | €22,708 | ▼ 5.5% |
| Gross operating margin9900 | €89,595 | €92,278 | €96,718 | €111,347 | €120,014 | ▲ 7.8% |
| Operating profit (loss)9901 | €23,366 | €28,829 | €34,911 | €55,860 | €66,120 | ▲ 18.4% |
| Financial income75/76B | €1 | €24 | - | - | - | - |
| Recurring financial income75 | €1 | €24 | - | - | - | - |
| Financial charges65/66B | €4,913 | €5,946 | €8,951 | €7,971 | €6,272 | ▼ 21.3% |
| Recurring financial charges65 | €4,913 | €5,946 | €8,951 | €7,971 | €6,272 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | €18,454 | €22,908 | €25,960 | €47,889 | €59,848 | ▲ 25.0% |
| Income taxes67/77 | €3,530 | €2,351 | €6,090 | €16,441 | €19,201 | ▲ 16.8% |
| Profit (loss) for the period9904 | €14,924 | €20,557 | €19,869 | €31,448 | €40,647 | ▲ 29.3% |
| Profit (loss) for the period to be appropriated9905 | €14,924 | €20,557 | €19,869 | €31,448 | €40,647 | ▲ 29.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €372,019 | €421,488 | €449,536 | €426,570 | €390,471 | ▼ 8.5% |
| Fixed assets21/28 | €352,102 | €408,518 | €439,750 | €416,272 | €385,309 | ▼ 7.4% |
| Tangible fixed assets22/27 | €350,902 | €407,318 | €438,550 | €415,072 | €384,109 | ▼ 7.5% |
| Land and buildings22 | €328,057 | €393,217 | €433,040 | €411,274 | €381,912 | ▼ 7.1% |
| Furniture and vehicles24 | €8,935 | €7,223 | €5,510 | €3,798 | €2,197 | ▼ 42.1% |
| Leasing and similar rights25 | €13,910 | €6,878 | - | - | - | - |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €19,917 | €12,970 | €9,786 | €10,298 | €5,162 | ▼ 49.9% |
| Amounts receivable within one year40/41 | €9,491 | €4,275 | €1,277 | - | €56 | - |
| Trade receivables40 | €5,342 | - | - | - | - | - |
| Other amounts receivable41 | €4,149 | €4,275 | €1,277 | - | €56 | - |
| Cash at bank and in hand54/58 | €3,484 | €1,282 | €963 | €7,202 | €1,630 | ▼ 77.4% |
| Deferred charges and accrued income490/1 | €6,942 | €7,414 | €7,546 | €3,096 | €3,476 | ▲ 12.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €372,019 | €421,488 | €449,536 | €426,570 | €390,471 | ▼ 8.5% |
| Equity10/15 | €159,730 | €180,287 | €200,157 | €231,605 | €272,252 | ▲ 17.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €141,130 | €161,687 | €181,557 | €213,005 | €253,652 | ▲ 19.1% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €139,270 | €161,687 | €181,557 | €213,005 | €253,652 | ▲ 19.1% |
| Amounts payable17/49 | €212,289 | €241,201 | €249,380 | €194,965 | €118,219 | ▼ 39.4% |
| Amounts payable after more than one year17 | €7,435 | €156,125 | €155,000 | €103,605 | €65,076 | ▼ 37.2% |
| Financial debts170/4 | €7,435 | €156,125 | €155,000 | €103,605 | €65,076 | ▼ 37.2% |
| Amounts payable within one year42/48 | €204,704 | €83,543 | €88,195 | €88,016 | €53,143 | ▼ 39.6% |
| Current portion of amounts payable after more than one year42 | €6,800 | €6,310 | - | - | - | - |
| Financial debts43 | €150,000 | - | - | - | - | - |
| Other loans439 | €150,000 | - | - | - | - | - |
| Trade debts44 | €42,518 | €31,986 | €43,282 | €14,333 | €8,675 | ▼ 39.5% |
| Suppliers440/4 | €42,518 | €31,986 | €43,282 | €14,333 | €8,675 | ▼ 39.5% |
| Taxes, remuneration and social security45 | - | €657 | €3,385 | €12,729 | €5,200 | ▼ 59.1% |
| Taxes450/3 | - | €657 | €3,385 | €12,729 | €5,200 | ▼ 59.1% |
| Other amounts payable47/48 | €5,386 | €44,589 | €41,529 | €60,953 | €39,268 | ▼ 35.6% |
| Accrued charges and deferred income492/3 | €150 | €1,533 | €6,185 | €3,344 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,924 | €20,557 | €19,869 | €31,448 | €40,647 | ▲ 29.3% |
| + Depreciation and write-downs630 | €48,345 | €43,207 | €37,968 | €31,456 | €31,185 | ▼ 0.9% |
| Operating cash flow (approximation) | €63,270 | €63,764 | €57,838 | €62,904 | €71,832 | ▲ 14.2% |
| Investment in fixed assets (approximation) | - | -€99,623 | -€69,201 | -€7,977 | -€222 | ▲ 97.2% |
| Change in cash | - | -€2,202 | -€319 | €6,239 | -€5,572 | ▼ 189% |
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 2027, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €40,647 ▲29.3%
Operating result €66,120, net result €40,647, both a record.
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €200,000Eq €200,157 ▲11%
6 profitable years in a row build equity to €200,157.
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150,000Eq €159,730 ▲10.3%
4 profitable years in a row build equity to €159,730.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €100,000Eq €116,777 ▲21.6%
2 profitable years in a row build equity to €116,777.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kortenaken · 1 establishment unit since 1998
Ground area
608 m²
Building footprint
155 m²
Volume, LiDAR
656 m³
Parcel 24115A0100/00P000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Halensebaan 78, 3473 Kortenaken
since 19982.087.238.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24115A0100/00P000 | Flanders | 608 m² | 1 · 155 m² | 7.8 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2026 list no shareholders, and no other source names one.
Holdings 1
- Equity €401,978Result €2510.36%
According to the annual accounts to 31-03-2026 of DAXON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. 986 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
Founded05-06-1998
Fiscal year end31-03
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
25991Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463503909
Also
9925:BE0463503909
Registered
02-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.