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Mobaxis

Active
Public limited companyfounded 2007active for 19 yearsLesbroussartstraat 90, 1050 Elsene, Belgium10 active companies are registered at this addressKBO/BCE: BE 0887.538.716
Summary

Mobaxis has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,955 and a net result of €47,685. Equity is growing by about 62% per year across the filed financial years. Its solvency ranks better than 15% of 12,578 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€47,685▲ 114%
2024 · €22,231
Working capital
€71,673
2024 · -€220,787
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 105% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.08m-€0.07m▼ 5.9%€0.1m▲ 40.2%€0.1m▼ 2.8%€0.06m▼ 36.6%€0.04m▼ 31.9%€0.05m▲ 28.9%€0.1m▲ 105%
Net result€0.06m-€0.05m▼ 8.1%€0.07mabove the sector's middle half▲ 35.2%€0.06mabove the sector's middle half▼ 12.7%€0.03mabove the sector's middle half▼ 45.8%€0.02mabove the sector's middle half▼ 32.9%€0.02mwithin the sector's middle half▼ 1.4%€0.05mwithin the sector's middle half▲ 114%
Equity-€0.3m--€0.2m▲ 19.3%-€0.1mbelow the sector's middle half▲ 32.3%-€0.09mbelow the sector's middle half▲ 41.6%-€0.05mbelow the sector's middle half▲ 38.6%-€0.03mbelow the sector's middle half▲ 42.1%-€0.009mbelow the sector's middle half▲ 71.8%€0.04mbelow the sector's middle half
Total assets€2.1m-€2.2m▲ 3.8%€2.8mabove the sector's middle half▲ 24.6%€2.8mabove the sector's middle half▲ 0.1%€2.5mabove the sector's middle half▼ 8.4%€2.6mabove the sector's middle half▲ 2.6%€2.7mabove the sector's middle half▲ 2.9%€1.7mabove the sector's middle half▼ 35.1%
Debt€2.4m-€2.4m▲ 1.2%€2.9m▲ 19.4%€2.8m▼ 2.0%€2.6m▼ 9.4%€2.6m▲ 1.6%€2.7m▲ 2.0%€1.7m▼ 36.8%
Working capital€0.2m-€0.2m▼ 20.9%€0.2mabove the sector's middle half▼ 2.2%€0.09mabove the sector's middle half▼ 50.4%-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 12.2%-€0.2mbelow the sector's middle half▼ 50.7%€0.07mwithin the sector's middle half
Solvency-12.8%--10.0%▲ 2.8pp-5.4%below the sector's middle half▲ 4.5pp-3.2%below the sector's middle half▲ 2.3pp-2.1%below the sector's middle half▲ 1.0pp-1.2%below the sector's middle half▲ 0.9pp-0.3%below the sector's middle half▲ 0.9pp2.3%below the sector's middle half▲ 2.6pp
Current ratio1.12-1.09▼ 0.031.07within the sector's middle half▼ 0.021.03within the sector's middle half▼ 0.040.92within the sector's middle half▼ 0.110.94within the sector's middle half▲ 0.010.91below the sector's middle half▼ 0.021.05within the sector's middle half▲ 0.14
Return on assets (ROA)2.7%-2.4%▼ 0.3pp2.6%within the sector's middle half▲ 0.2pp2.3%within the sector's middle half▼ 0.3pp1.3%within the sector's middle half▼ 0.9pp0.9%within the sector's middle half▼ 0.5pp0.8%within the sector's middle half=2.8%within the sector's middle half▲ 1.9pp
Staff (FTE)15.6-15.1▼ 3.2%14.8above the sector's middle half▼ 2.0%16.1▲ 8.8%15.3▼ 5.0%13.3within the sector's middle half
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €258,201 ▼ 29.7%
Current assets €1.5m ▼ 36.0%
Equity and liabilities €1.7m
Equity €38,955
Debt €1.7m
Debt finances 97.7% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€192,151▲
2024 · €140,077
Cash flow
€127,487▲
2024 · €107,383
Quick ratio
0.53▲
2024 · 0.40
Debt to equity
43.32
ROE
122.4%
Interest coverage
4.56▼
2024 · 5.46
Debt ≤ 1 year
€1.4m▼
2024 · €2.5m
Debt > 1 year
€49,300▼
2024 · €129,850
Income taxes
€24,455▲
2024 · €7,485
Staff costs
€465,818▼
2024 · €531,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95.6% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.0% went bankrupt
2.1% stopped otherwise
95.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,448 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€1.7m▼
Fixed assets21/28€0.4m€0.3m▼
Tangible fixed assets22/27€0.4m€0.3m▼
Plant, machinery and equipment23€0.05m€0.04m▼
Furniture and vehicles24€0.03m€0.04m▲
Leasing and similar rights25€0.09m€0.06m▼
Other tangible fixed assets26€0.2m€0.1m▼
Financial fixed assets28€0.004m€0.004m=
Current assets29/58€2.3m€1.5m▼
Stocks and contracts in progress3€1.3m€0.7m▼
Stocks30/36€1.3m€0.7m▼
Amounts receivable within one year40/41€0.5m€0.4m▼
Trade receivables40€0.3m€0.3m▼
Other amounts receivable41€0.1m€0.05m▼
Cash at bank and in hand54/58€0.5m€0.3m▼
Deferred charges and accrued income490/1€0.05m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€1.7m▼
Equity10/15-€0.009m€0.04m▲
Contributions10/11€0.08m€0.08m=
Profit (loss) carried forward14-€0.09m-€0.04m▲
Amounts payable17/49€2.7m€1.7m▼
Amounts payable after more than one year17€0.1m€0.05m▼
Financial debts170/4€0.1m€0.05m▼
Other amounts payable178/9€0.002m€0.001m▼
Amounts payable within one year42/48€2.5m€1.4m▼
Current portion of amounts payable after more than one year42€0.2m€0.2m▼
Trade debts44€0.3m€0.4m▲
Suppliers440/4€0.3m€0.4m▲
Advances received on contracts in progress46€1.9m€0.6m▼
Taxes, remuneration and social security45€0.2m€0.2m▲
Taxes450/3€0.1m€0.1m▼
Remuneration and social security454/9€0.05m€0.06m▲
Accrued charges and deferred income492/3€0.03m€0.2m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.5m€0.5m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.08m▼
Other operating charges640/8€0.03m€0.09m▲
Non-recurring operating charges66A-€0.07m
Gross operating margin9900€0.7m€0.8m▲
Operating profit (loss)9901€0.05m€0.1m▲
Financial income75/76B€437€0.002m▲
Recurring financial income75€437€0.002m▲
Financial charges65/66B€0.03m€0.04m▲
Recurring financial charges65€0.03m€0.04m▲
Profit (loss) for the period before taxes9903€0.03m€0.07m▲
Income taxes67/77€0.007m€0.02m▲
Profit (loss) for the period9904€0.02m€0.05m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.09m-€0.04m▲
Profit (loss) brought forward from the previous period14P-€0.1m-€0.09m▲
Social balance sheet
Average headcount (FTE)908713.3-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€518,673€542,038€541,256€531,007€465,818▼ 12.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102,366€26,331€19,506€36,014€58,795€77,407€85,152€79,801▼ 6.3%
Other operating charges640/8---€56,663€59,021€44,248€30,738€85,066▲ 177%
Non-recurring operating charges66A-----€11,088-€68,877-
Gross operating margin9900€752,812€651,788€577,107€710,130€722,436€716,609€701,822€811,912▲ 15.7%
Operating profit (loss)9901€77,054€72,478€101,648€98,781€62,581€42,609€54,925€112,350▲ 105%
Financial income75/76B---€1,744€10,837€2,783€437€1,912▲ 337%
Recurring financial income75€293€661€695€1,744€10,837€2,783€437€1,912▲ 337%
Financial charges65/66B---€27,463€24,818€23,549€25,646€42,121▲ 64.2%
Recurring financial charges65€20,188€20,619€31,336€27,463€24,818€23,549€25,646€42,121▲ 64.2%
Profit (loss) for the period before taxes9903€57,160€52,520€71,007€73,062€48,600€21,843€29,716€72,140▲ 143%
Income taxes67/77---€11,072€15,028-€697€7,485€24,455▲ 227%
Profit (loss) for the period9904€57,160€52,520€71,007€61,990€33,572€22,540€22,231€47,685▲ 114%
Profit (loss) for the period to be appropriated9905€57,160€52,520€71,007€61,990€33,572€22,540€22,231€47,685▲ 114%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.1m€2.2m€2.8m€2.8m€2.5m€2.6m€2.7m€1.7m▼ 35.1%
Fixed assets21/28€0.06m€0.08m€0.1m€0.2m€0.5m€0.5m€0.4m€0.3m▼ 29.7%
Tangible fixed assets22/27€0.06m€0.08m€0.1m€0.2m€0.5m€0.4m€0.4m€0.3m▼ 30.1%
Plant, machinery and equipment23----€0.06m€0.05m€0.05m€0.04m▼ 13.2%
Furniture and vehicles24---€0.07m€0.05m€0.05m€0.03m€0.04m▲ 48.7%
Leasing and similar rights25---€0.02m€0.09m€0.1m€0.09m€0.06m▼ 33.5%
Other tangible fixed assets26---€0.1m€0.3m€0.2m€0.2m€0.1m▼ 43.3%
Financial fixed assets28€0.003m€0.003m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Current assets29/58€2.1m€2.1m€2.6m€2.6m€2.1m€2.1m€2.3m€1.5m▼ 36.0%
Stocks and contracts in progress3€1.0m€1.0m€1.1m€1.3m€1.3m€1.2m€1.3m€0.7m▼ 43.5%
Stocks30/36---€1.3m€1.3m€1.2m€1.3m€0.7m▼ 43.5%
Amounts receivable within one year40/41€0.9m€0.8m€0.6m€0.4m€0.3m€0.5m€0.5m€0.4m▼ 21.8%
Trade receivables40---€0.3m€0.2m€0.4m€0.3m€0.3m▼ 8.6%
Other amounts receivable41---€0.1m€0.1m€0.09m€0.1m€0.05m▼ 60.4%
Cash at bank and in hand54/58€0.1m€0.2m€0.8m€0.8m€0.4m€0.4m€0.5m€0.3m▼ 26.9%
Deferred charges and accrued income490/1---€0.08m€0.06m€0.06m€0.05m€0.02m▼ 57.7%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.2m€2.8m€2.8m€2.5m€2.6m€2.7m€1.7m▼ 35.1%
Equity10/15-€0.3m-€0.2m-€0.1m-€0.09m-€0.05m-€0.03m-€0.009m€0.04m-
Contributions10/11€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m=
Capital10---€0.08m€0.08m----
Issued capital100---€0.08m€0.08m----
Profit (loss) carried forward14-€0.4m-€0.3m-€0.2m-€0.2m-€0.1m-€0.1m-€0.09m-€0.04m▲ 52.6%
Amounts payable17/49€2.4m€2.4m€2.9m€2.8m€2.6m€2.6m€2.7m€1.7m▼ 36.8%
Amounts payable after more than one year17€0.6m€0.5m€0.4m€0.4m€0.3m€0.3m€0.1m€0.05m▼ 62.0%
Financial debts170/4---€0.3m€0.3m€0.3m€0.1m€0.05m▼ 62.5%
Other amounts payable178/9---€0.03m€0.02m€0.005m€0.002m€0.001m▼ 26.7%
Amounts payable within one year42/48€1.8m€2.0m€2.5m€2.5m€2.2m€2.3m€2.5m€1.4m▼ 44.4%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 6.6%
Trade debts44€0.3m€0.4m€0.4m€0.3m€0.2m€0.3m€0.3m€0.4m▲ 59.3%
Suppliers440/4---€0.3m€0.2m€0.3m€0.3m€0.4m▲ 59.3%
Advances received on contracts in progress46---€1.9m€1.6m€1.6m€1.9m€0.6m▼ 68.0%
Taxes, remuneration and social security45---€0.1m€0.2m€0.2m€0.2m€0.2m▲ 2.7%
Taxes450/3---€0.05m€0.1m€0.2m€0.1m€0.1m▼ 4.8%
Remuneration and social security454/9---€0.08m€0.07m-€0.05m€0.06m▲ 20.1%
Accrued charges and deferred income492/3---€0.02m€0.02m€0.07m€0.03m€0.2m▲ 843%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€57,160€52,520€71,007€61,990€33,572€22,540€22,231€47,685▲ 114%
+ Depreciation and write-downs630€102,366€26,331€19,506€36,014€58,795€77,407€85,152€79,801▼ 6.3%
Operating cash flow (approximation)€159,526€78,851€90,513€98,004€92,367€99,947€107,383€127,487▲ 18.7%
Investment in fixed assets (approximation)--€46,514-€60,921-€116,137-€321,292-€66,461€0€29,521-
Change in cash-€105,080€565,326€7,857-€396,649€17,923€46,300-€128,478-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-07-2026 2026-00315806
31-12-2024 full format 08-07-2025 2025-00242180
31-12-2023 micro format 12-06-2024 2024-00124059
31-12-2022 micro format 12-07-2023 2023-00231217
31-12-2021 micro format 04-07-2022 2022-20123437
31-12-2020 micro format 09-06-2021 2021-18500044
31-12-2019 micro format 19-08-2020 2020-42300532
31-12-2018 micro format 16-07-2019 2019-33200023
31-12-2017 micro format 15-06-2018 2018-19200420
31-12-2016 micro format 14-06-2017 2017-17400560

Show all 19 filings

Similar companies · same sector, comparable size

Of the 2,563 active companies whose main activity is retail sale of household furniture (NACE 47551), figures are known for 1,702. 1,105 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.