NAXOR

Active

Private limited companyfounded 201510 yrs activeDeken Adriaensstraat 1, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0640.997.972

Summary

The computed 12-month bankruptcy probability of NAXOR is 4.2% (elevated). The 2024 annual accounts show equity of €43k and a net result of €-19k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 18941 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

51 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-71

Solvency100=

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity ample (current ratio 4.89 against 13.27 in 2023; short-term debt: 19% and cash: 36.5% of total assets), and 19% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

81%

Return on assets

-35.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

16 d early

2023

31 d late

2022

21 d early

2021

58 d early

2020

45 d early

2019

17 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-19k

2023 · €1k

2018: €194 2019: €15k 2020: €8k 2021: €21k 2022: €14k 2023: €1k

2018 → 2024

Working capital

€39k▼ 36.3%

2023 · €61k

2018: €-5k 2019: €11k 2020: €20k 2021: €43k 2022: €59k 2023: €61k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€25k-€46k▲ 85.3%€60k▲ 30.0%€61k▲ 2.3%€43k▼ 30.4%

Operating result€1k-€21k▲ 1,804%€10k▼ 53.7%€2k▼ 76.0%€-19k

Net result€8k-€21k▲ 173%€14k▼ 34.8%€1k▼ 90.2%€-19k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €19k after €2k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €53k

93.0%

Fixed assets €4k ▼ 27.4%

Current assets €49k ▼ 26.0%

Equity and liabilities €53k

81.0%

19.0%

Equity €43k ▼ 30.4%

Debt €10k ▲ 0.5%

Debt's share of the balance-sheet total rises from 14.0% to 19.0%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-17k▼

2023 · €4k

Cash flow

€-17k▼

2023 · €3k

Current ratio

4.89▼

2023 · 13.27

Debt to equity

0.23▲

2023 · 0.16

ROE

-43.7%▼

2023 · 2.2%

ROA

-35.4%▼

2023 · 1.9%

Interest coverage

-163.20▼

2023 · 12.45

Debt ≤ 1 year

€10k▲

2023 · €5k

Debt > 1 year

€0▼

2023 · €5k

Income taxes

€0▼

2023 · €721

Staff costs

€75▼

2023 · €166

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 · 2024 against 2023 · 38 lines

Balance sheet Code20232024

Assets

Total assets20/58€71k€53k▼

Fixed assets21/28€5k€4k▼

Tangible fixed assets22/27€5k€4k▼

Other tangible fixed assets26€5k€4k▼

Current assets29/58€66k€49k▼

Amounts receivable within one year40/41€8k€30k▲

Trade receivables40€49€2k▲

Other amounts receivable41€8k€28k▲

Cash at bank and in hand54/58€58k€19k▼

Deferred charges and accrued income490/1€251€0▼

Equity and liabilities

Total equity and liabilities10/49€71k€53k▼

Equity10/15€61k€43k▼

Contributions10/11€19k€19k=

Profit (loss) carried forward14€43k€24k▼

Amounts payable17/49€10k€10k▲

Amounts payable after more than one year17€5k€0▼

Financial debts170/4€5k€0▼

Amounts payable within one year42/48€5k€10k▲

Trade debts44€551€9k▲

Suppliers440/4€551€9k▲

Taxes, remuneration and social security45€1k€465▼

Taxes450/3€1k€465▼

Other amounts payable47/48€3k€198▼

Income statement Code20232024

Remuneration, social security and pensions62€166€75▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=

Other operating charges640/8€1k€8k▲

Gross operating margin9900€5k€-10k▼

Operating profit (loss)9901€2k€-19k▼

Financial income75/76B€1€0▼

Recurring financial income75€1€0▼

Financial charges65/66B€304€105▼

Recurring financial charges65€304€105▼

Profit (loss) for the period before taxes9903€2k€-19k▼

Income taxes67/77€721€0▼

Profit (loss) for the period9904€1k€-19k▼

Profit (loss) for the period to be appropriated9905€1k€-19k▼

Appropriation of the result

Profit (loss) to be appropriated9906€43k€24k▼

Profit (loss) brought forward from the previous period14P€41k€43k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 4Filings 9

2025

15-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-19k ▼1482%

Net result drops to €-19k, the lowest in the series.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Liquidity doublescurrent ratio 13.27

Current ratio from 5.99 to 13.27; short-term debt falls from €12k to €5k.

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

03-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2018net €21k ▲173%

Operating result €21k, net result €21k, both a record.

16-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

14-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Liquidity quadruplescurrent ratio 2.80

Current ratio from 0.73 to 2.80; short-term debt falls from €17k to €6k.

24-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

31-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

18-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Sint-Jans-Molenbeek · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

Deken Adriaensstraat 11080 Sint-Jans-Molenbeek

Ground area

252 m²

Building footprint

252 m²

Volume, LiDAR

4,561 m³

2 parcels, Brussels · tallest building 26.3 m, ±7 floors. Linked by address, not a title deed.

1 establishment unit

NAXOR

François Malherbelaan 41, 1070 AnderlechtCafés and bars

since 20152.247.987.668

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21522B0237/00F009	Brussels	171 m²	1 · 171 m²	26.3 m · 7 fl.
21304B0091/00E004	Brussels	81 m²	1 · 81 m²	16.9 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Anderlecht2.247.987.668

1 permission

Drankgelegenheid · since 01-01-2022

Similar companies · same sector, comparable size

'T PAARD VAN NAPOLEON

Anderlecht · Eq €42,716

CARGO SANTOS

BE 0849.643.091

Sint-Gillis (bij-Brussel) · Eq €42,705

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,094 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-10-2015

Fiscal year end31-12

Activities, NACEBEL 2025

56301Cafés and bars

56302Nightclubs

56309Food and beverage service activities

93293Sports, amusement and recreation activities

93299Other amusement and recreation activities

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.