Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
AXO INDUSTRIES from Menen, company number BE0477860701, closed financial year 2025 with a result of € 84,523 after tax. For that financial year AXO INDUSTRIES recorded revenue of € 7.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 98,651 to € 84,523. 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 August 10, 2026.
€ 1.2 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,523
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 285% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
11
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 975,526
▼ 8% vs 2024
€ 88,700 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.
€ 201,763
▼ 25% vs 2024
Of which on lease € 125,833.
Debts at end 2025
€ 1.3 million
▲ 8% vs 2024
€ 271,389 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 709,099
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 125,206
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,385,089 | € 8,016,731 | € 8,422,037 | € 7,468,841 | ▼ 11% |
| Profit after taxes | € 233,078 | € 68,283 | € 98,651 | € 84,523 | ▼ 14% |
| Equity | € 925,505 | € 993,788 | € 1,092,439 | € 1,176,962 | ▲ 8% |
| Total debts | € 3,113,590 | € 2,422,299 | € 2,533,057 | € 2,226,948 | ▼ 12% |
| Cash | € 163,391 | € 481,627 | € 363,385 | € 1,399,238 | ▲ 285% |
| Retained profit | € 906,905 | € 975,188 | € 1,073,839 | € 1,158,362 | ▲ 8% |
| Bank debt | € 1,440,350 | € 1,455,379 | € 1,182,476 | € 1,281,534 | ▲ 8% |
| Balance sheet total | € 4,039,095 | € 3,416,087 | € 3,625,496 | € 3,403,910 | ▼ 6% |
| Employees (FTE) | 14.1 | 12.1 | 12.1 | 11 | ▼ 1.1 |
Key figures of AXO INDUSTRIES, 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 INDUSTRIES?
What happened at AXO INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 233,078 profit in 2022 to € 84,523 profit in 2025.
Paid € 195,835 in corporate taxes since 2022.
Best year ever: 2022, with € 233,078 profit.
Pays suppliers within 43 days on average.
Management
Behind AXO INDUSTRIES is Patrick Cherchye. The shares are held by C & C (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lageweg 37
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
BELGACOM Proximus Customer Edge-Network, BE
Website info
Features
Security
Details
- Company number
- 0477.860.701
- VAT number
- BE 0477.860.701
- Registered office
- Lageweg 37, 8930 Menen
- Names & denominations
- AXO INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2002
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- axoindustries.be
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in hout
Activiteiten van bouwarchitecten
Stukadoorswerk
Overige openbare orde en civiele veiligheid
Schrijnwerk
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Architecten
+3