ACTIVE

axl & trax

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Financial year 2025 · closed on 31/12/2025

Net result

844,6 k €

-6.4% YoY

Gross margin

3,2 M €

+3.5% YoY

Equity

1,1 M €

+13.6% YoY

Workforce

24,3 ETP

+16.3% YoY

What does axl & trax do?

axl & trax is a Public limited company incorporated in 1997. Its main activity is: Management consultancy activities. Its registered office is in Hasselt. It employs on average 24,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.668.044

Incorporation

26/05/1997

Legal form

Public limited company

Registered office

Kempische steenweg 303 box 200
3500 Hasselt · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

24,3 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 62010Computer programming activities 62020Computer consultancy activities 62100Computer programming, consultancy and related activities+3

Joint committees (5)

100
10000
200
20000
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,2 M €	+3.5%	3,1 M €	+0.2%	3,1 M €	-6.2%	3,3 M €	-2.7%	3,3 M €	+1.6%	3,3 M €	+13.8%	2,9 M €	+20.3%	2,4 M €	+21.3%	2 M €	-20.3%	2,5 M €	+10.3%	2,3 M €	-4.1%	2,4 M €	+36.7%	1,7 M €	+7.1%	1,6 M €	-16.0%	1,9 M €	+10.6%	1,7 M €	-20.3%	2,2 M €	-24.5%	2,9 M €	+20.0%	2,4 M €	+20.2%	2 M €
EBITDA	860,7 k €	-13.2%	991,6 k €	+2.8%	964,1 k €	-13.8%	1,1 M €	-11.0%	1,3 M €	-1.3%	1,3 M €	+32.2%	962,5 k €	+32.1%	728,9 k €	+116%	337,8 k €	-57.5%	795,2 k €	+23.6%	643,5 k €	-15.4%	760,6 k €	+199%	254 k €	-11.3%	286,3 k €	-0.8%	288,6 k €	+73.8%	166 k €	-42.8%	290,2 k €	-64.4%	815,9 k €	+32.6%	615,4 k €	+12.8%	545,5 k €
Operating result	855,4 k €	-13.2%	985,2 k €	+4.4%	944 k €	-13.6%	1,1 M €	-10.0%	1,2 M €	+0.4%	1,2 M €	+39.9%	863,5 k €	+37.5%	628 k €	+168%	233,9 k €	-66.7%	702,3 k €	+13.5%	618,8 k €	-17.1%	746,4 k €	+223%	231,2 k €	-7.8%	250,8 k €	+15.8%	216,6 k €	+111%	102,6 k €	-54.3%	224,6 k €	-69.1%	725,8 k €	+37.7%	526,9 k €	+19.2%	442 k €
Net result	844,6 k €	-6.4%	902,8 k €	+3.3%	873,8 k €	-6.3%	932,7 k €	-10.0%	1 M €	+14.6%	903,7 k €	+22.3%	739,2 k €	+67.2%	442,2 k €	+176%	160 k €	-66.1%	471,9 k €	+14.1%	413,6 k €	-16.5%	495,2 k €	+244%	144,1 k €	-18.4%	176,5 k €	+59.3%	110,8 k €	+314%	26,8 k €	-75.2%	107,8 k €	-74.4%	421,4 k €	+54.7%	272,5 k €	+16.6%	233,6 k €
Balance sheet
Equity	1,1 M €	+13.6%	933,2 k €	-62.0%	2,5 M €	+55.1%	1,6 M €	-4.1%	1,7 M €	+12.7%	1,5 M €	+52.3%	963 k €	-5.9%	1 M €	+76.0%	581,6 k €	-29.2%	821,5 k €	-3.3%	849,6 k €	+1.6%	836,1 k €	+12.8%	740,9 k €	+0.3%	738,8 k €	+3.7%	712,3 k €	+9.3%	651,5 k €	-15.9%	774,7 k €	+16.2%	666,9 k €	+49.7%	445,5 k €	+19.4%	373 k €
Total assets	2,6 M €	-7.1%	2,8 M €	-14.9%	3,3 M €	-1.8%	3,3 M €	-0.2%	3,3 M €	+32.5%	2,5 M €	+1.8%	2,5 M €	+55.1%	1,6 M €	-0.7%	1,6 M €	+5.9%	1,5 M €	-0.4%	1,5 M €	-20.7%	1,9 M €	+24.9%	1,5 M €	+14.5%	1,3 M €	+12.0%	1,2 M €	-9.1%	1,3 M €	-14.0%	1,5 M €	-4.1%	1,6 M €	-12.8%	1,8 M €	+53.9%	1,2 M €
Cash	409,3 k €	-46.2%	760,2 k €	-35.9%	1,2 M €	-13.7%	1,4 M €	-31.4%	2 M €	+24.2%	1,6 M €	+50.9%	1,1 M €	+88.1%	568,1 k €	+268%	154,3 k €	-48.4%	298,8 k €	-46.3%	556 k €	-28.1%	772,8 k €	+222%	239,7 k €	-60.5%	607,6 k €	+3.3%	587,9 k €	+0.6%	584,3 k €	-22.0%	749,3 k €	+57.0%	477,3 k €	+118%	218,9 k €	+189%	75,9 k €
Debts	1,5 M €	-13.8%	1,7 M €	+150%	695,6 k €	-58.6%	1,7 M €	+5.8%	1,6 M €	+57.9%	1 M €	-29.7%	1,4 M €	+163%	543,5 k €	-40.5%	914,1 k €	+45.2%	629,5 k €	+6.1%	593,5 k €	-37.1%	942,8 k €	+66.9%	564,8 k €	+10.0%	513,5 k €	+47.4%	348,4 k €	-33.6%	524,7 k €	-18.0%	639,7 k €	-27.4%	881,5 k €	-27.0%	1,2 M €	+49.6%	807,6 k €
Other
Workforce	24,3 ETP	+16.3%	20,9 ETP	+6.1%	19,7 ETP	-10.5%	22,0 ETP	+3.3%	21,3 ETP	-3.2%	22,0 ETP	-0.9%	22,2 ETP	+18.7%	18,7 ETP	+2.2%	18,3 ETP	-6.2%	19,5 ETP	+0.5%	19,4 ETP	-1.0%	19,6 ETP	+8.3%	18,1 ETP	+7.7%	16,8 ETP	-15.2%	19,8 ETP	-1.5%	20,1 ETP	-13.4%	23,2 ETP	-16.2%	27,7 ETP	+18.9%	23,3 ETP	+7.4%	21,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

oXya SAS

Director · since 28 novembre 2025 · 1030.549.972

Represented by Frédéric de Belloy de Saint Liénard

Active

SodInMaC

Director · since 28 novembre 2025 · 0842.226.452

Represented by Fréderic Lorand

Active

axsminds

Director · since 17 avril 2024 · until 28 novembre 2025 · 1007.629.268

Represented by Fréderic Lorand

Active

RIVIT

Director · since 17 avril 2024 · 0795.339.325

Represented by Tim Lynen

Active

Ended mandates

axsminds

Director · since 17 avril 2024 · 1007.629.268

Represented by Frédéric Lorand

Ended

axsminds

Director · since 17 avril 2024 · 1007.629.268

Represented by Fréderic LORAND

Ended

Hans Vets

Chairman of the board of directors · since 01 mars 2018 · until 01 mars 2024

Ended

Hans Vets

Chairman of the board of directors · since 01 mars 2018 · until 17 avril 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	28/06/2021
General meeting	03/06/2026	03/06/2025	10/06/2024	07/06/2023	31/05/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/08/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	08/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	13/07/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	10/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

oXya SAS

Director · since 28 novembre 2025 · 1030.549.972

Represented by Frédéric de Belloy de Saint Liénard

Active

SodInMaC

Director · since 28 novembre 2025 · 0842.226.452

Represented by Fréderic Lorand

Active

axsminds

Director · since 17 avril 2024 · until 28 novembre 2025 · 1007.629.268

Represented by Fréderic Lorand

Active

RIVIT

Director · since 17 avril 2024 · 0795.339.325

Represented by Tim Lynen

Active

Ended mandates

axsminds

Director · since 17 avril 2024 · 1007.629.268

Represented by Frédéric Lorand

Ended

axsminds

Director · since 17 avril 2024 · 1007.629.268

Represented by Fréderic LORAND

Ended

Hans Vets

Chairman of the board of directors · since 01 mars 2018 · until 01 mars 2024

Ended

Hans Vets

Chairman of the board of directors · since 01 mars 2018 · until 17 avril 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2017
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025844,6 k €↓
2024
Annual accounts 2024902,8 k €↑
2023
Annual accounts 2023873,8 k €↓
2022
Annual accounts 2022932,7 k €↓
2021
Annual accounts 20211 M €↑
2020
Annual accounts 2020903,7 k €↑
2019
Annual accounts 2019739,2 k €↑
2018
Annual accounts 2018442,2 k €↑
2017
Annual accounts 2017160 k €↓
2016
Annual accounts 2016471,9 k €↑
2015
Annual accounts 2015413,6 k €↓
2014
Annual accounts 2014495,2 k €↑
2013
Annual accounts 2013144,1 k €↓
2012
Annual accounts 2012176,5 k €↑
2011
Annual accounts 2011110,8 k €↑
2010
Annual accounts 201026,8 k €↓
2009
Annual accounts 2009107,8 k €↓
2008
Annual accounts 2008421,4 k €↑
2007
Annual accounts 2007272,5 k €↑
2007
Name changeAxl & Trax
2006
Annual accounts 2006233,6 k €
2006
Name changeCONTROL SOLUTIONS INTERNATIONAL BELGIUM
26/05/1997
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

axl & trax

Overview

What does axl & trax do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

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