Financials
Financial year 2025
AXPO BENELUX from Brussel, company number BE0810770639, closed financial year 2025 with a result of € 2.8 million after tax. For that financial year AXPO BENELUX recorded revenue of € 411.2 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 1.3 million to € 2.8 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 3 million
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 112% vs 2024
Profit after tax over the fiscal year.
€ 504,180
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.7
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▲ 151% vs 2024
€ 590,100 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.
€ 20,992
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45 million
▲ 55% vs 2024
Loans from banks and other lenders, long and short.
€ 186.4 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 169 days on average.
€ 3.9 million
▲ € 3.5 million vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 551,396,721 | € 425,232,689 | € 274,414,222 | € 411,161,534 | ▲ 50% |
| Profit after taxes | € 956,905 | € 257,372 | € 1,297,767 | € 2,753,167 | ▲ 112% |
| Equity | € 1,729,164 | € 1,986,536 | € 2,284,303 | € 3,037,470 | ▲ 33% |
| Total debts | € 273,531,254 | € 428,324,191 | € 191,789,610 | € 237,230,028 | ▲ 24% |
| Cash | € 953,902 | € 580,011 | € 1,173,331 | € 504,180 | ▼ 57% |
| Retained profit | € 1,229,164 | € 1,486,536 | € 1,784,303 | € 2,537,470 | ▲ 42% |
| Dividend | € 300,000 | € 0 | € 1,000,000 | € 2,000,000 | ▲ 100% |
| Bank debt | € 2,575,867 | € 67 | € 29,086,223 | € 45,000,000 | ▲ 55% |
| Balance sheet total | € 275,260,418 | € 430,310,727 | € 194,073,912 | € 240,267,498 | ▲ 24% |
| Employees (FTE) | 4.6 | 4.3 | 4.9 | 6.7 | ▲ 1.8 |
Key figures of AXPO BENELUX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to AXPO BENELUX?
What happened at AXPO BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Roberto Frassanito stepped down as director. NBB
- Christoph Keller stepped down as director. NBB
- Simone Ontyd stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.8 million (▲ 112% vs 2024). Source: NBB ↗
- Roberto Frassanito became a director. NBB
- Christoph Keller became a director. NBB
- Simone Ontyd became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 956,905 profit in 2022 to € 2.8 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.8 million profit.
Paid out € 3.3 million 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
The shares are held by Axpo International SA.
Directors
According to the 2025 annual accounts
Roberto Frassanito
Director
since 2025 · until 2031
Christoph Keller
Director
since 2025 · until 2031
Simone Ontyd
Director
since 2025 · until 2031
Shareholders
Axpo International SA
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 480
1050 Brussel
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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
axpo.com
Registered
2003-04-25
Registrar
united domains AG
Expires
2026-04-25
Website info
Features
Security
Network
Details
- Company number
- 0810.770.639
- VAT number
- BE 0810.770.639
- Registered office
- Louizalaan 480, 1050 Brussel
- Names & denominations
- AXPO BENELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2009
- Peppol
- Active · Active since 4 Nov 2024
- Contact
- axpo.com
- Activities · NACE
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