Financials
Financial year 2025
AXO from Sint-Agatha-Berchem, company number BE0460689622, closed financial year 2025 with a result of € 558,820 after tax. For that financial year AXO recorded a gross margin of € 2.5 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 971,767 to € 558,820. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 558,820
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
54 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
22.5
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 15% vs 2024
€ 66,700 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.
€ 271,666
▲ 300% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 785,178
▲ 12% vs 2024
€ 100,872 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.5 million
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 226,355
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,620,343 | € 1,828,830 | € 2,829,925 | € 2,514,548 | ▼ 11% |
| Profit after taxes | € 300,641 | € 425,272 | € 971,767 | € 558,820 | ▼ 42% |
| Equity | € 875,318 | € 1,150,590 | € 1,722,357 | € 1,981,178 | ▲ 15% |
| Total debts | € 1,458,032 | € 2,135,195 | € 2,200,174 | € 2,684,351 | ▲ 22% |
| Cash | € 263,194 | € 347,302 | € 1,322,986 | € 1,176,192 | ▼ 11% |
| Land & buildings | € 615,000 | € 581,250 | € 547,500 | € 513,750 | ▼ 6% |
| Retained profit | € 670,163 | € 945,435 | € 1,517,202 | € 1,776,023 | ▲ 17% |
| Dividend | € 57,500 | € 150,000 | € 400,000 | € 300,000 | ▼ 25% |
| Bank debt | € 920,101 | € 759,935 | € 701,189 | € 785,178 | ▲ 12% |
| Balance sheet total | € 2,547,732 | € 3,290,446 | € 3,993,406 | € 4,770,311 | ▲ 19% |
| Employees (FTE) | 20.1 | 18.2 | 18.1 | 22.5 | ▲ 4.4 |
Key figures of AXO, 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 AXO?
What happened at AXO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 558,820 (▼ 42% vs 2024). Source: NBB ↗
- Félix FERNANDEZ became a director. NBB
- Laura FERNANDEZ MACHADO became a director. NBB
- Maria Machado became a director. NBB
- Michael FERNANDEZ became a director. NBB
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 300,641 profit in 2022 to € 558,820 profit in 2025.
Paid € 798,923 in corporate taxes since 2022.
Best year ever: 2024, with € 971,767 profit.
On average € 111,800 of value added per employee in 2025.
Management
Behind AXO are Félix FERNANDEZ , Laura FERNANDEZ MACHADO, Maria Machado and Michael FERNANDEZ.
Directors
According to the 2025 annual accounts
Félix FERNANDEZ
Managing director
since 2023
Laura FERNANDEZ MACHADO
Managing director
since 2023
Maria Machado
Director
since 2023
Michael FERNANDEZ
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Technologiestraat 71
1082 Sint-Agatha-Berchem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.689.622
- VAT number
- BE 0460.689.622
- Registered office
- Technologiestraat 71, 1082 Sint-Agatha-Berchem
- Names & denominations
- AXO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1997
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden
Overig loodgieterswerk
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Afvalwaterafvoer
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Installatie van verwarming, klimaatregeling en ventilatie
Afvalwaterinzameling en -behandeling
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