VAXIMMO
ActiveSummary
VAXIMMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €303,485 and a net result of -€80,875. Equity is shrinking by ~16.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-1
Solvency39▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
short-term debt: 0.1% and cash: 1.5% of total assets, and 85.8% of the assets are financed with debt.
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Signals
Seven 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
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
14.2%
Return on assets
-3.8%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€80,875
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
9 d early
2023
14 d early
2022
43 d early
2021
21 d early
2020
26 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 10 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€303,485▼ 21.0%
2024 · €384,360
Total assets
€2.1m▼ 3.8%
2024 · €2.2m
Net result
-€80,875▼ 19.5%
2024 · -€67,706
Working capital
€315,397▲ 32.4%
2024 · €238,169
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€115,670▲ 35.2%-€111,676▲ 3.5%-€99,588▲ 10.8%-€67,857▲ 31.9%-€82,277▼ 21.3%
Net result-€115,829▲ 35.1%-€111,892▲ 3.4%-€99,808▲ 10.8%-€67,706▲ 32.2%-€80,875▼ 19.5%
Equity€663,766▼ 14.9%€551,874▼ 16.9%€452,067▼ 18.1%€384,360▼ 15.0%€303,485▼ 21.0%
Total assets€2.5m▼ 4.1%€2.4m▼ 4.6%€2.3m▼ 4.6%€2.2m▼ 3.4%€2.1m▼ 3.8%
Debt€1.9m▲ 0.4%€1.9m▼ 0.2%€1.8m▼ 0.6%€1.8m▼ 0.5%€1.8m▼ 0.2%
Working capital€28,683€79,323▲ 177%€144,206▲ 81.8%€238,169▲ 65.2%€315,397▲ 32.4%
Staff (FTE)0.2=1▲ 400%1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €82,277 in 2025 against €67,857 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€1.8m ▼ 8.0%
Current assets
€318,487 ▲ 30.7%
Equity and liabilities €2.1m
Equity
€303,485 ▼ 21.0%
Debt
€1.8m ▼ 0.2%
Debt's share of the balance-sheet total rises from 82.7% to 85.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€79,935▼
2024 · €94,406
Cash flow
€81,336▼
2024 · €94,557
Debt to equity
6.03▲
2024 · 4.77
ROE
-26.6%▼
2024 · -17.6%
ROA
-3.8%▼
2024 · -3.1%
Interest coverage
326.94▼
2024 · 500.72
Debt ≤ 1 year
€3,091▼
2024 · €5,474
Debt > 1 year
€1.7m=
2024 · €1.7m
Staff costs
€0▲
2024 · -€163
A ratio outside any meaningful range has been withheld (balance sheet total €2.1m, equity €303,485).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 2,507 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €150 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €28,341 | €31,600 | -€163 | €0 | ▲ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €162,133 | €162,307 | €162,307 | €162,263 | €162,212 | = |
| Other operating charges640/8 | - | €12,224 | €13,009 | €13,759 | €14,298 | ▲ 3.9% |
| Non-recurring operating charges66A | - | - | - | €867 | €0 | ▼ 100% |
| Gross operating margin9900 | €91,845 | €91,195 | €107,327 | €108,870 | €94,232 | ▼ 13.4% |
| Operating profit (loss)9901 | -€115,670 | -€111,676 | -€99,588 | -€67,857 | -€82,277 | ▼ 21.3% |
| Financial income75/76B | - | - | €24 | €339 | €1,646 | ▲ 386% |
| Recurring financial income75 | €3 | - | €24 | €339 | €1,646 | ▲ 386% |
| Financial charges65/66B | - | €215 | €243 | €189 | €244 | ▲ 29.7% |
| Recurring financial charges65 | €161 | €215 | €243 | €189 | €244 | ▲ 29.7% |
| Profit (loss) for the period before taxes9903 | -€115,827 | -€111,892 | -€99,808 | -€67,706 | -€80,875 | ▼ 19.5% |
| Income taxes67/77 | €2 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€115,829 | -€111,892 | -€99,808 | -€67,706 | -€80,875 | ▼ 19.5% |
| Profit (loss) for the period to be appropriated9905 | -€115,829 | -€111,892 | -€99,808 | -€67,706 | -€80,875 | ▼ 19.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.4m | €2.3m | €2.2m | €2.1m | ▼ 3.8% |
| Fixed assets21/28 | €2.5m | €2.3m | €2.1m | €2.0m | €1.8m | ▼ 8.0% |
| Tangible fixed assets22/27 | €2.5m | €2.3m | €2.1m | €2.0m | €1.8m | ▼ 8.0% |
| Land and buildings22 | - | €2.3m | €2.1m | €2.0m | €1.8m | ▼ 8.2% |
| Furniture and vehicles24 | - | €869 | €413 | €0 | €2,076 | - |
| Other tangible fixed assets26 | - | - | - | - | €798 | - |
| Financial fixed assets28 | €867 | €867 | €867 | €0 | - | - |
| Current assets29/58 | €59,994 | €106,006 | €158,197 | €243,643 | €318,487 | ▲ 30.7% |
| Amounts receivable within one year40/41 | €257 | - | - | €732 | €787 | ▲ 7.4% |
| Trade receivables40 | - | - | - | €732 | €366 | ▼ 50.0% |
| Other amounts receivable41 | - | - | - | - | €420 | - |
| Current investments50/53 | €40,000 | €70,000 | €140,000 | €225,124 | €280,295 | ▲ 24.5% |
| Cash at bank and in hand54/58 | €18,217 | €34,407 | €16,424 | €16,290 | €31,837 | ▲ 95.4% |
| Deferred charges and accrued income490/1 | - | €1,599 | €1,773 | €1,496 | €5,568 | ▲ 272% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.4m | €2.3m | €2.2m | €2.1m | ▼ 3.8% |
| Equity10/15 | €663,766 | €551,874 | €452,067 | €384,360 | €303,485 | ▼ 21.0% |
| Contributions10/11 | €770,000 | €770,166 | €770,166 | €770,166 | €770,166 | = |
| Capital10 | - | €770,000 | €770,000 | €770,000 | €770,000 | = |
| Issued capital100 | - | €770,000 | €770,000 | €770,000 | €770,000 | = |
| Outside capital11 | - | €166 | €166 | €166 | €166 | = |
| Share premium1100/10 | - | €166 | €166 | €166 | €166 | = |
| Reserves13 | €27,000 | €27,000 | €27,000 | €27,000 | €27,000 | = |
| Non-distributable reserves130/1 | - | €27,000 | €27,000 | €27,000 | €27,000 | = |
| Legal reserve130 | - | €27,000 | €27,000 | €27,000 | €27,000 | = |
| Profit (loss) carried forward14 | -€133,400 | -€245,292 | -€345,099 | -€412,805 | -€493,681 | ▼ 19.6% |
| Amounts payable17/49 | €1.9m | €1.9m | €1.8m | €1.8m | €1.8m | ▼ 0.2% |
| Amounts payable after more than one year17 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Other amounts payable178/9 | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Amounts payable within one year42/48 | €31,310 | €26,683 | €13,991 | €5,474 | €3,091 | ▼ 43.5% |
| Trade debts44 | €2,406 | €1,973 | €1,871 | €1,819 | €1,952 | ▲ 7.3% |
| Suppliers440/4 | - | €1,973 | €1,871 | €1,819 | €1,952 | ▲ 7.3% |
| Taxes, remuneration and social security45 | - | €2,840 | - | - | - | - |
| Remuneration and social security454/9 | - | €2,840 | - | - | - | - |
| Other amounts payable47/48 | - | €21,870 | €12,120 | €3,655 | €1,139 | ▼ 68.9% |
| Accrued charges and deferred income492/3 | - | €94,499 | €96,883 | €95,422 | €94,548 | ▼ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€115,829 | -€111,892 | -€99,808 | -€67,706 | -€80,875 | ▼ 19.5% |
| + Depreciation and write-downs630 | €162,133 | €162,307 | €162,307 | €162,263 | €162,212 | = |
| Operating cash flow (approximation) | €46,304 | €50,415 | €62,499 | €94,557 | €81,336 | ▼ 14.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €867 | -€3,235 | ▼ 473% |
| Change in cash | - | €16,190 | -€17,983 | -€134 | €15,547 | ▲ 11,716% |
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
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 103.05
Current ratio from 44.51 to 103.05; short-term debt falls from €5,474 to €3,091.
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity quadruplescurrent ratio 44.51
Current ratio from 11.31 to 44.51; short-term debt falls from €13,991 to €5,474.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity triplescurrent ratio 11.31
Current ratio from 3.97 to 11.31; short-term debt falls from €26,683 to €13,991.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 3.97
Current ratio from 1.92 to 3.97; short-term debt falls from €31,310 to €26,683.
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity times 6current ratio 1.92
Current ratio from 0.32 to 1.92; short-term debt falls from €32,276 to €31,310.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
08-12
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.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Ukkel · 1 establishment unit since 1992
Ground area
2,212 m²
Building footprint
250 m²
Volume, LiDAR
1,660 m³
Parcel 21614E0001/00D007, Brussels · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Crabbegatweg 57, 1180 Ukkel
since 19922.058.405.920
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0001/00D007 | Brussels | 2,212 m² | 1 · 250 m² | 16.6 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.
Identification & contact
Identification
Legal formPublic limited company
Founded26-06-1992
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447774368
Registered
29-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.