Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 5 to 2.4.
-
Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AXcite from Waregem, company number BE0841985536, closed financial year 2025 with a result of € -244,702 after tax. For that financial year AXcite recorded a gross margin of € 46,446 and equity of € 661,525. Compared with financial year 2024, the result moved from € -5,195 to € -244,702. The company made a loss. 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 17, 2026.
€ 661,525
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -244,702
▼ 4610 % more loss than in 2024
Profit after tax over the fiscal year.
€ 179,166
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 642,925.
People and assets in 2025
2.4
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 257,388
▼ 31% vs 2024
€ 107,200 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.
€ 2,624
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 201,658
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,067
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 583,348 | € 900,359 | € 380,572 | € 46,446 | ▼ 88% |
| Profit after taxes | € 126,160 | € 239,537 | € -5,195 | € -244,702 | ▼ € 239,507 |
| Equity | € 665,685 | € 911,422 | € 906,227 | € 661,525 | ▼ 27% |
| Total debts | € 504,536 | € 292,744 | € 245,251 | € 239,983 | ▼ 2% |
| Cash | € 437,029 | € 679,065 | € 800,318 | € 179,166 | ▼ 78% |
| Land & buildings | € 299,180 | - | - | - | |
| Retained profit | € 653,285 | € 892,822 | € 887,627 | € 642,925 | ▼ 28% |
| Bank debt | € 289,870 | € 69 | € 132 | € 0 | ▼ 100% |
| Balance sheet total | € 1,170,221 | € 1,204,166 | € 1,151,478 | € 901,508 | ▼ 22% |
| Employees (FTE) | 4.6 | 5 | 3.5 | 2.4 | ▼ 1.1 |
Key figures of AXcite, 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 AXcite?
What happened at AXcite in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 244,702. filed late Source: NBB ↗
- Lieven Coen became a director. NBB
- Conxion BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,160 profit in 2022 to € 244,702 loss in 2025.
Paid € 148,765 in corporate taxes since 2022.
Best year ever: 2023, with € 239,537 profit.
On average € 19,400 of value added per employee in 2025.
A new publication or filing at AXcite? We notify you, reason included.
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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 stake of CONXION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AXciteBehind AXcite are Conxion BV and Lieven Coen. The shares are held by CONXION (100%).
Directors
According to the 2025 annual accounts
Director · represented by Chris Debyser
Also active at: USERFULL, SYCOM, LUBON, Cats and Dogs, WESTSYS, GI.KO OFFICE SOLUTIONS, SHARECOM, PROGRESSIVUM +3 more
since 2023
Lieven Coen
Director
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wagenaarstraat 33
8791 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →GROEP HUYZENTRUYT
€ 52.9 million revenue · 2025
AB-CONSULTING
€ 11,630 gross margin · 2025
SYCOM same network
€ 473,899 gross margin · 2025
CONXION same network
€ 57.1 million revenue · 2025
DATATECH
€ 102,669 gross margin · 2026
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.985.536
- VAT number
- BE 0841.985.536
- Registered office
- Wagenaarstraat 33, 8791 Waregem
- Names & denominations
- AXcite
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2011
- Peppol
- Active · Active since 3 Nov 2025
- Contact
- axcite.be [email protected]
- Activities · NACE
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+1