Summary
A.K.C. FINANCES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.32M and a net result of €-187k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 73% of 2777 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
37 d late
2021
44 d late
2020
61 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Equity
€2.32M▼ 7.4%
2023 · €2.51M
2018: €1.57M
2019: €1.52M
2020: €2.57M
2021: €2.49M
2022: €2.49M
2023: €2.51M
2018 → 2024
Net result
€-187k
2023 · €18k
2018: €27k
2019: €-49k
2020: €1.04M
2021: €-77k
2022: €-682
2023: €18k
2018 → 2024
Total assets
€2.81M▼ 8.2%
2023 · €3.06M
2018: €3.14M
2019: €3.31M
2020: €3.33M
2021: €3.19M
2022: €3.05M
2023: €3.06M
2018 → 2024
Solvency
82.7%▲ 0.7pp
2023 · 82.0%
2018: 50.1%
2019: 46.0%
2020: 77.0%
2021: 78.1%
2022: 81.7%
2023: 82.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.57M-€2.49M▼ 3.0%€2.49M=€2.51M▲ 0.7%€2.32M▼ 7.4%
Operating result€-22k-€-91k▼ 320%€-29k▲ 68.0%€23k€-155k
Net result€1.04M-€-77k€-682▲ 99.1%€18k€-187k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €155k after €23k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.81M
Fixed assets
€559k ▼ 0.1%
Current assets
€2.25M ▼ 10.0%
Equity and liabilities €2.81M
Equity
€2.32M ▼ 7.4%
Debt
€485k ▼ 11.7%
Debt's share of the balance-sheet total falls from 18.0% to 17.3%. Equity and debt are lower.
Key figures and ratios
ROE
-8.0%▼
2023 · 0.7%
ROA
-6.7%▼
2023 · 0.6%
Debt ≤ 1 year
€485k▼
2023 · €550k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.06M€2.81M▼
Fixed assets21/28€559k€559k▼
Tangible fixed assets22/27€296k€323k▲
Land and buildings22€252-
Furniture and vehicles24€54k€76k▲
Other tangible fixed assets26€242k€246k▲
Financial fixed assets28€263k€236k▼
Current assets29/58€2.50M€2.25M▼
Amounts receivable after more than one year29€322€322=
Other amounts receivable291€322€322=
Amounts receivable within one year40/41€2.49M€2.25M▼
Trade receivables40€63k€55k▼
Other amounts receivable41€2.43M€2.19M▼
Current investments50/53€518€518=
Cash at bank and in hand54/58€3k€761▼
Equity and liabilities
Total equity and liabilities10/49€3.06M€2.81M▼
Equity10/15€2.51M€2.32M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.01M€1.01M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.00M€1.00M=
Profit (loss) carried forward14€1.44M€1.25M▼
Amounts payable17/49€550k€485k▼
Amounts payable within one year42/48€550k€485k▼
Current portion of amounts payable after more than one year42€365-
Trade debts44€53k€89k▲
Suppliers440/4€53k€89k▲
Taxes, remuneration and social security45€23k€2k▼
Taxes450/3€5k€766▼
Remuneration and social security454/9€19k€899▼
Other amounts payable47/48€473k€395k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k▲
Other operating charges640/8€22k€16k▼
Non-recurring operating charges66A-€99k
Gross operating margin9900€67k€-16k▼
Operating profit (loss)9901€23k€-155k▼
Financial income75/76B€6k€12k▲
Recurring financial income75€6k€12k▲
Financial charges65/66B€11k€44k▲
Recurring financial charges65€11k€10k▼
Non-recurring financial charges66B-€34k
Profit (loss) for the period before taxes9903€18k€-187k▼
Profit (loss) for the period9904€18k€-187k▼
Profit (loss) for the period to be appropriated9905€18k€-187k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.44M€1.25M▼
Profit (loss) brought forward from the previous period14P€1.42M€1.44M▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-187k ▼1138%
Net result drops to €-187k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 37 days late
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 44 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Back to profitnet €1.04M
Net result €1.04M after one loss-making year.
31-12
Financial
Equity above €2MEq €2.57M ▲68.4%
Equity rises from €1.52M to €2.57M.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 117 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 49 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sans Soucistraat 1511050 ElseneGround area
620 m²
Building footprint
423 m²
Volume, LiDAR
2,737 m³
Parcel 21442A0120/00Z003, Brussels · tallest building 17.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sans Soucistraat 151, 1050 Elsene
since 19952.071.198.339
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0120/00Z003 | Brussels | 620 m² | 1 · 423 m² | 17.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 10,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.