Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ax Worx from Buggenhout, company number BE0785610324, closed financial year 2025 with a result of € 15,488 after tax. For that financial year Ax Worx recorded a gross margin of € 27,542 and equity of € 54,102. Compared with financial year 2024, the result moved from € 26,651 to € 15,488. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 54,102
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,488
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 10,386
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,985 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,103
▲ € 979 vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 3,474
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,169
▲ 228% vs 2024
€ 9,775 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,255
▲ 143% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,855
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,271 | € 42,692 | € 40,456 | € 27,542 | ▼ 32% |
| Profit after taxes | € 8,065 | € 27,548 | € 26,651 | € 15,488 | ▼ 42% |
| Equity | € 11,065 | € 37,781 | € 63,599 | € 54,102 | ▼ 15% |
| Total debts | € 12,609 | € 17,981 | € 39,704 | € 88,203 | ▲ 122% |
| Cash | € 6,433 | € 5,338 | € 23,379 | € 10,386 | ▼ 56% |
| Land & buildings | - | - | - | € 15,000 | |
| Retained profit | € 8,065 | € 34,781 | € 60,599 | € 51,102 | ▼ 16% |
| Dividend | € 0 | € 833 | € 833 | € 24,985 | ▲ € 24,152 |
| Bank debt | € 0 | € 0 | € 15,000 | € 49,169 | ▲ 228% |
| Balance sheet total | € 23,674 | € 55,762 | € 103,303 | € 142,305 | ▲ 38% |
Key figures of Ax Worx, 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 Ax Worx?
What happened at Ax Worx in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,488 (▼ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Buggenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,065 profit in 2022 to € 15,488 profit in 2025.
Paid € 25,238 in corporate taxes since 2022.
Best year ever: 2023, with € 27,548 profit.
Paid out € 26,651 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Andy Van de Gucht
Director
Establishments
Establishment units
Physical locations of this company
Leemputten 17 box 1.1
9255 Buggenhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.610.324
- VAT number
- BE 0785.610.324
- Registered office
- Leemputten 17 bus 1.1, 9255 Buggenhout
- Names & denominations
- Ax Worx
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2022
- Peppol
- Active · Active since 1 Jan 2001
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