AXHES
AXHES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €7k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 60% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €140k |
| Net result | €7k |
| Better than sector | 60% |
| Active | 7 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.6% | 52.8% | |
| Net result | €7k | €58k | |
| Equity | €140k | €1.05M | |
| Gross operating margin | €22k | €100k | |
| Total assets | €217k | €2.62M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €20k | €16k | €50k | €44k |
| Net profit | €7k | €-1k | €23k | €23k |
| Cash flow | €20k | €16k | €40k | €35k |
| Staff costs | - | - | - | - |
| Income taxes | €350 | €307 | €9k | €8k |
| Dividends | €12k | - | €800 | €800 |
| Total assets | €217k | €226k | €223k | €180k |
| Equity | €140k | €145k | €146k | €124k |
| Debt | €77k | €81k | €77k | €56k |
| of which ≤ 1y | €45k | €30k | €33k | €33k |
| of which > 1y | €32k | €51k | €44k | €23k |
| Working capital | €96k | €88k | €123k | €110k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 3.15 | 3.94 | 4.69 | 4.35 |
| Quick ratio | 3.15 | 3.94 | 4.69 | 4.35 |
| Working capital ratio | 44.2% | 38.9% | 55.1% | 60.9% |
| Solvency | 64.6% | 64.1% | 65.4% | 69.0% |
| Debt / equity | 0.55 | 0.56 | 0.53 | 0.45 |
| Long-term debt ratio | 0.23 | 0.35 | 0.30 | 0.19 |
| Interest coverage | 8.62 | 6.06 | 35.48 | 120.29 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 3.2% | -0.5% | 10.2% | 13.0% |
| ROE | 5.0% | -0.8% | 15.6% | 18.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | 40d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €217k | €226k | €223k | €180k |
| Fixed assets | 21/28 | €76k | €108k | €67k | €38k |
| Tangible fixed assets | 22/27 | €41k | €63k | €22k | €38k |
| Financial fixed assets | 28 | €35k | €45k | €45k | - |
| Current assets | 29/58 | €141k | €118k | €157k | €142k |
| Amounts receivable within one year | 40/41 | €33k | €28k | €40k | €7k |
| Cash & bank | 54/58 | €107k | €88k | €114k | €134k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €217k | €226k | €223k | €180k |
| Equity | 10/15 | €140k | €145k | €146k | €124k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k |
| Accumulated profits (losses) | 14 | €135k | €140k | €141k | €119k |
| Amounts payable | 17/49 | €77k | €81k | €77k | €56k |
| Amounts payable after one year | 17 | €32k | €51k | €44k | €23k |
| Amounts payable within one year | 42/48 | €45k | €30k | €33k | €33k |
| Trade debts payable within one year | 44 | €611 | €2k | €3k | €8k |
| Income statement | |||||
| Gross operating margin | 9900 | €22k | €20k | €52k | €45k |
| Operating result | 9901 | €7k | €-783 | €33k | €32k |
| Financial income | 75 | €2k | €3k | €241 | €9 |
| Financial charges | 65 | €2k | €3k | €1k | €366 |
| Result before taxes | 9903 | €7k | €-799 | €32k | €32k |
| Income taxes | 67/77 | €350 | €307 | €9k | €8k |
| Net result for the period | 9904 | €7k | €-1k | €23k | €23k |
| Result to be appropriated | 9905 | €7k | €-1k | €23k | €23k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 19-08-2019 |
| Status | Active |
| Postal code | 4452 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62115A0111/00K004 | Wallonia | 884 m² | 1 · 134 m² | 8.3 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-06-2026 General meeting · Share transfer · Officer appointment · Permanent representative
- Filing: 2026-05-28 · TRANSMISSIONPME
- General meeting: 2026-01-21 · TRANSMISSIONPME
- Share transfer: date: 2026-01-21, shares: 50 · AXHES
- Share transfer: date: 2026-01-21, shares: 50 · AXHES
- Officer appointment: date: 2026-01-21, role: administrateur · PATOU
- Permanent representative: date: 2026-01-21, role: représentant permanent · Michael Péters
- Permanent representative: date: 2026-01-21, role: représentant permanent · Pascal Celen
- Seat change: new_address: 4452 Wihogne, Passage de la Béguine 43, old_address: 4430 Ans, Rue des Français 373 · TRANSMISSIONPME
- Notarial deed: date: 2026-01-21, notary: Narges ELJA · TRANSMISSIONPME
- Publication: 2026-06-15
- Act object: NOMINATIONS - TRANSFERT DE SIEGE
Technical details
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"quote": "ASSEMBLEE GENERALE EXTRAORDINAIRE DU 21 JANVIER 2026",
"value": "2026-01-21",
"object": null,
"subject": "e1"
},
{
"type": "share_transfer",
"quote": "Par convention de cession d\u0027actions du 21 janvier 2026, la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 AXHES ... a c\u00E9d\u00E9 ... 50 actions \u00E0 Monsieur Pascal Celen",
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"type": "permanent_representative",
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"date": "2026-01-21",
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{
"type": "seat_change",
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"object": null,
"subject": "e1"
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{
"type": "notarial_deed",
"quote": "En date du 21 janvier 2026 ... Narges ELJA, Notaire.",
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"date": "2026-01-21",
"notary": "Narges ELJA"
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"object": null,
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"quote": "Belgisch Staatsblad - 15/06/2026",
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}| Legal nameFR | AXHES |