NAXOS
ActiveNAXOS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.11M and a net result of €2.10M. Equity is growing by ~94.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+73
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 17.11 against 0.59 in 2023; short-term debt: 1.2% and cash: 11.5% of total assets), and 1.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.6%
Return on assets
98.4%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
58 d early
2022
34 d early
2021
59 d early
2020
65 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2.11M▲ 54,883%
2023 · €4k
2020: €34k
2021: €65k
2022: €127k
2023: €4k
2020 → 2024
Total assets
€2.14M▲ 938%
2023 · €206k
2020: €138k
2021: €140k
2022: €199k
2023: €206k
2020 → 2024
Net result
€2.10M▲ 2,397%
2023 · €84k
2020: €34k
2021: €32k
2022: €63k
2023: €84k
2020 → 2024
Working capital
€409k
2023 · €-82k
2020: €1k
2021: €19k
2022: €72k
2023: €-82k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€65k▲ 91.3%€127k▲ 95.3%€4k▼ 97.0%€2.11M▲ 54,883%
Operating result€49k-€44k▼ 11.5%€83k▲ 89.1%€111k▲ 34.0%€126k▲ 14.0%
Net result€34k-€32k▼ 5.8%€63k▲ 97.1%€84k▲ 33.8%€2.10M▲ 2,397%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.14M
Fixed assets
€1.70M▲ 1,790%
Current assets
€434k▲ 275%
Equity and liabilities €2.14M
Equity
€2.11M▲ 54,883%
Debt
€30k▼ 85.2%
The debt ratio falls from 98.1% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▲
2023 · €114k
Cash flow
€2.10M▲
2023 · €87k
Solvency
98.6%▲
2023 · 1.9%
Current ratio
17.11▲
2023 · 0.59
Quick ratio
17.11▲
2023 · 0.59
Debt / equity
0.01▼
2023 · 52.73
ROE
99.8%
ROA
98.4%▲
2023 · 40.9%
Interest coverage
318.81▲
2023 · 72.21
Debt
€30k▼
2023 · €202k
Debt ≤ 1 year
€25k▼
2023 · €197k
Debt > 1 year
€5k=
2023 · €5k
Income taxes
€34k▲
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€206k€2.14M▲
Fixed assets21/28€90k€1.70M▲
Tangible fixed assets22/27€2k€257▼
Plant, machinery and equipment23€0€257▲
Furniture and vehicles24€2k-
Financial fixed assets28€88k€1.70M▲
Current assets29/58€116k€434k▲
Amounts receivable after more than one year29€7k-
Other amounts receivable291€7k-
Amounts receivable within one year40/41€13k€173k▲
Trade receivables40€6k€1k▼
Other amounts receivable41€7k€172k▲
Current investments50/53€73k€16k▼
Cash at bank and in hand54/58€19k€245k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€206k€2.14M▲
Equity10/15€4k€2.11M▲
Contributions10/11€1k€1k=
Reserves13€3k€2.10M▲
Distributable reserves133€3k€2.10M▲
Profit (loss) carried forward14€0-
Amounts payable17/49€202k€30k▼
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€197k€25k▼
Current portion of amounts payable after more than one year42€14k-
Financial debts43-€731
Credit institutions430/8-€731
Trade debts44€7k-
Suppliers440/4€7k-
Taxes, remuneration and social security45€16k€10k▼
Taxes450/3€16k€10k▼
Other amounts payable47/48€162k€15k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€115k€131k▲
Operating profit (loss)9901€111k€126k▲
Financial income75/76B€6k€2.01M▲
Recurring financial income75€6k€2.01M▲
Financial charges65/66B€2k€402▼
Recurring financial charges65€2k€402▼
Profit (loss) for the period before taxes9903€115k€2.14M▲
Income taxes67/77€31k€34k▲
Profit (loss) for the period9904€84k€2.10M▲
Profit (loss) for the period to be appropriated9905€84k€2.10M▲
Appropriation of the result
Profit (loss) to be appropriated9906€210k€2.10M▲
Profit (loss) brought forward from the previous period14P€126k-
Transfer to equity691/2€3k€2.10M▲
To other reserves6921€3k€2.10M▲
Profit to be distributed694/7€208k-
Return on contributions (dividend)694€208k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2020net €2.10M ▲2397%
Operating result €126k, net result €2.10M, both a record.
31-12
Financial
Liquidity times 29current ratio 17.11
Current ratio from 0.59 to 17.11; short-term debt falls from €197k to €25k.
31-12
Financial
Equity above €2MEq €2.11M ▲54883%
5 profitable years in a row build equity to €2.11M.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €127k ▲95.3%
3 profitable years in a row build equity to €127k.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €32k ▼5.8%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2019
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.
Frans de Potterstraat 119000 GentGround area
136 m²
Building footprint
77 m²
Volume, LiDAR
634 m³
Parcel 44809I0264/00R002, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NAXOS
since 20192.289.960.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0264/00R002 | Flanders | 136 m² | 1 · 77 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ARENCO
BE 0423.529.813
Gent · Eq €2.10M
GRAPHICS
BE 0449.114.057
Antwerpen · Eq €2.11M
Immo Soret
BE 0793.836.320
Hoeilaart · Eq €2.11M
Semax Holding
BE 0431.784.612
Zuienkerke · Eq €2.10M
PETER DE BLEY
BE 0817.495.313
Boortmeerbeek · Eq €2.10M
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 19,559 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.