What does Axfin-A do?

Axfin-A is an insurance broker in Middelkerke. Private Limited, started on 28 May 1990, 2 establishments.

What is the address of Axfin-A?

The registered office of Axfin-A is located at Westendelaan 271, 8434 Middelkerke.

Is Axfin-A still active?

Yes. According to the CBE (31 October 2026) Axfin-A is active, legal situation “Normale toestand”, started on 28 May 1990.

Is Axfin-A registered on Peppol?

Yes, Axfin-A is registered on the Peppol network with ID 0208:0440608444.

What is the enterprise number of Axfin-A?

The enterprise number of Axfin-A is BE0440608444.

When was Axfin-A founded?

Axfin-A was founded on 28 May 1990.

Who are the directors of Axfin-A?

According to the 2025 annual accounts, the directors of Axfin-A are: Ethel De Blieck BV.

Is Axfin-A a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did Axfin-A make in 2025?

Axfin-A posted a profit after taxes of € 252,498 in financial year 2025.

What is the revenue of Axfin-A?

As a small company, Axfin-A is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 934,306.

How much does an employee at Axfin-A earn?

The average wage cost per full-time employee at Axfin-A was € 66,600 in 2025: staff costs of € 472,747 for 7.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Axfin-A have?

According to the 2025 annual accounts, Axfin-A has 7.1 full-time equivalents (FTE).

Axfin-A (Private Limited) - Middelkerke - BE0440608444

Dossier Axfin-A, printed on 31 October 2026 from databakkes.be/en/0440608444/axfin-a. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Axfin-A from Middelkerke, company number BE0440608444, closed financial year 2025 with a result of € 252,498 after tax. For that financial year Axfin-A recorded a gross margin of € 934,306 and equity of € 980,737. Compared with financial year 2024, the result moved from € 287,852 to € 252,498. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 980,737

▲ 35% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 252,498

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,169

▼ 94% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 960,737.

People and assets in 2025

Full-time equivalents

7.1

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 472,747

▲ 21% vs 2024

€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 134,941

▲ 9% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.2 million

▲ 27% vs 2024

€ 216,270 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 52,377

▲ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 43,527

▲ 11% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 639,371 Gross margin 2022: € 639,371 First fiscal year in the series	€ 818,882 Gross margin 2023: € 818,882 ▲ 28% vs 2022 (€ 639,371) Favourable step	€ 914,243 Gross margin 2024: € 914,243 ▲ 12% vs 2023 (€ 818,882) Favourable step	€ 934,306 Gross margin 2025: € 934,306 ▲ 2% vs 2024 (€ 914,243) Favourable step	▲ 2%
Profit after taxes	€ 20,065 Profit after taxes 2022: € 20,065 First fiscal year in the series	€ 181,421 Profit after taxes 2023: € 181,421 ▲ € 161,355 vs 2022 (€ 20,065) Favourable step	€ 287,852 Profit after taxes 2024: € 287,852 ▲ 59% vs 2023 (€ 181,421) Favourable step	€ 252,498 Profit after taxes 2025: € 252,498 ▼ 12% vs 2024 (€ 287,852) Unfavourable step	▼ 12%
Equity	€ 658,967 Equity 2022: € 658,967 First fiscal year in the series	€ 740,387 Equity 2023: € 740,387 ▲ 12% vs 2022 (€ 658,967) Favourable step	€ 728,239 Equity 2024: € 728,239 ▼ 2% vs 2023 (€ 740,387) Unfavourable step	€ 980,737 Equity 2025: € 980,737 ▲ 35% vs 2024 (€ 728,239) Favourable step	▲ 35%
Total debts	€ 2,888,960 Total debts 2022: € 2,888,960 First fiscal year in the series	€ 2,561,783 Total debts 2023: € 2,561,783 ▼ 11% vs 2022 (€ 2,888,960) Favourable step	€ 2,457,561 Total debts 2024: € 2,457,561 ▼ 4% vs 2023 (€ 2,561,783) Favourable step	€ 2,554,525 Total debts 2025: € 2,554,525 ▲ 4% vs 2024 (€ 2,457,561) Unfavourable step	▲ 4%
Cash	€ 37,339 Cash 2022: € 37,339 First fiscal year in the series	€ 32,518 Cash 2023: € 32,518 ▼ 13% vs 2022 (€ 37,339) Unfavourable step	€ 21,115 Cash 2024: € 21,115 ▼ 35% vs 2023 (€ 32,518) Unfavourable step	€ 1,169 Cash 2025: € 1,169 ▼ 94% vs 2024 (€ 21,115) Unfavourable step	▼ 94%
Land & buildings	€ 2,450,143 Land & buildings 2022: € 2,450,143 First fiscal year in the series	€ 2,356,881 Land & buildings 2023: € 2,356,881 ▼ 4% vs 2022 (€ 2,450,143) Unchanged	€ 2,287,035 Land & buildings 2024: € 2,287,035 ▼ 3% vs 2023 (€ 2,356,881) Unchanged	€ 2,741,350 Land & buildings 2025: € 2,741,350 ▲ 20% vs 2024 (€ 2,287,035) Unchanged	▲ 20%
Retained profit	€ 638,967 Retained profit 2022: € 638,967 First fiscal year in the series	€ 720,387 Retained profit 2023: € 720,387 ▲ 13% vs 2022 (€ 638,967) Favourable step	€ 708,239 Retained profit 2024: € 708,239 ▼ 2% vs 2023 (€ 720,387) Unfavourable step	€ 960,737 Retained profit 2025: € 960,737 ▲ 36% vs 2024 (€ 708,239) Favourable step	▲ 36%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 0) Unchanged	€ 300,000 Dividend 2024: € 300,000 ▲ 200% vs 2023 (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 300,000) Unchanged	▼ 100%
Bank debt	€ 2,179,390 Bank debt 2022: € 2,179,390 First fiscal year in the series	€ 1,967,681 Bank debt 2023: € 1,967,681 ▼ 10% vs 2022 (€ 2,179,390) Favourable step	€ 1,721,825 Bank debt 2024: € 1,721,825 ▼ 12% vs 2023 (€ 1,967,681) Favourable step	€ 2,192,083 Bank debt 2025: € 2,192,083 ▲ 27% vs 2024 (€ 1,721,825) Unfavourable step	▲ 27%
Balance sheet total	€ 3,553,762 Balance sheet total 2022: € 3,553,762 First fiscal year in the series	€ 3,307,772 Balance sheet total 2023: € 3,307,772 ▼ 7% vs 2022 (€ 3,553,762) Unchanged	€ 3,191,169 Balance sheet total 2024: € 3,191,169 ▼ 4% vs 2023 (€ 3,307,772) Unchanged	€ 3,540,398 Balance sheet total 2025: € 3,540,398 ▲ 11% vs 2024 (€ 3,191,169) Unchanged	▲ 11%
Employees (FTE)	5.8 Employees (FTE) 2022: 5.8 First fiscal year in the series	5.5 Employees (FTE) 2023: 5.5 ▼ 0.3 vs 2022 (5.8) Unchanged	6.3 Employees (FTE) 2024: 6.3 ▲ 0.8 vs 2023 (5.5) Unchanged	7.1 Employees (FTE) 2025: 7.1 ▲ 0.8 vs 2024 (6.3) Unchanged	▲ 0.8

Key figures of Axfin-A, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Axfin-A?

What happened at Axfin-A in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 252,498 (▼ 12% vs 2024). Source: NBB ↗
Jan 1, 2023 New establishment in Nieuwpoort. KBO
Aug 2, 1993 New establishment in Middelkerke. KBO
May 28, 1990 Start of the company according to the CBE. KBO

In short

From € 20,065 profit in 2022 to € 252,498 profit in 2025.

Paid € 157,057 in corporate taxes since 2022.

Best year ever: 2024, with € 287,852 profit.

On average € 131,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ETHEL DE BLIECK 100%

The stake of ETHEL DE BLIECK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Axfin-A

Axfin-B BV 100%

Behind Axfin-A is Ethel De Blieck BV. The shares are held by ETHEL DE BLIECK (100%). It owns 100% of Axfin-B BV itself.

Directors

According to the 2025 annual accounts

Ethel De Blieck BV

Director · represented by Ethel De Blieck

Shareholders

ETHEL DE BLIECK

100%

Participations

Axfin-B BV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Westendelaan 271

8434 Middelkerke

2.366.791.090

Kaaistraat 27 box 1

8620 Nieuwpoort

Active since 1 January 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Handelaarsbond Westende Dorp

AXFIN-B same network

€ 690,084 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0440.608.444

VAT number

BE 0440.608.444

Registered office

Westendelaan 271, 8434 Middelkerke

Names & denominations

Axfin-A · Axfin

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 May 1990

Peppol

Active · Active since 14 Nov 2025

Activities · NACE

Activiteiten van verzekeringsagenten en -makelaars

Verzekeringsmakelaars en -agenten

View on CBE Public ↗ Annual accounts (NBB) ↗