Skip to content

ACCRYPTAX

Active
Private limited companyfounded 2025active for 1 yearMichel De Braeystraat 52, 2000 Antwerpen, BelgiumKBO/BCE: BE 1021.594.892

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-07-2026 at the NBB

Equity
-€3,359
Total assets
€10,403
Net result
-€5,859
Working capital
€708

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €10,403
Fixed assets €1,278
Current assets €9,125
Equity and liabilities
Equity-€3,359
Debt€13,762
Equity is negative. Debt (€13,762) exceeds the balance-sheet total (€10,403).
Key figures and ratios
2025 value
Solvency
-32.3%
Current ratio
1.08
ROA
-56.3%
Debt
€13,762
Debt ≤ 1 year
€8,417
Debt > 1 year
€4,100
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Investments

fixed assets acquired
Item2025
Financial fixed assets€1,278

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€10,403
Fixed assets21/28€1,278
Financial fixed assets28€1,278
Current assets29/58€9,125
Amounts receivable within one year40/41€5,659
Trade receivables40€5,419
Other amounts receivable41€240
Current investments50/53€485
Cash at bank and in hand54/58€347
Deferred charges and accrued income490/1€2,633
Equity and liabilities
Total equity and liabilities10/49€10,403
Equity10/15-€3,359
Contributions10/11€2,500
Profit (loss) carried forward14-€5,859
Amounts payable17/49€13,762
Amounts payable after more than one year17€4,100
Financial debts170/4€4,100
Amounts payable within one year42/48€8,417
Trade debts44€2,136
Suppliers440/4€2,136
Other amounts payable47/48€6,281
Accrued charges and deferred income492/3€1,245
Income statement Code2025
Other operating charges640/8€450
Gross operating margin9900-€5,211
Operating profit (loss)9901-€5,661
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€243
Recurring financial charges65€243
Profit (loss) for the period before taxes9903-€5,859
Profit (loss) for the period9904-€5,859
Profit (loss) for the period to be appropriated9905-€5,859
Appropriation of the result
Profit (loss) to be appropriated9906-€5,859

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-07-2026.

Line2025
Other operating charges640/8€450
Gross operating margin9900-€5,211
Operating profit (loss)9901-€5,661
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€243
Recurring financial charges65€243
Profit (loss) for the period before taxes9903-€5,859
Profit (loss) for the period9904-€5,859
Profit (loss) for the period to be appropriated9905-€5,859
Line2025
Assets
Total assets20/58€10,403
Fixed assets21/28€1,278
Financial fixed assets28€1,278
Current assets29/58€9,125
Amounts receivable within one year40/41€5,659
Trade receivables40€5,419
Other amounts receivable41€240
Current investments50/53€485
Cash at bank and in hand54/58€347
Deferred charges and accrued income490/1€2,633
Equity and liabilities
Total equity and liabilities10/49€10,403
Equity10/15-€3,359
Contributions10/11€2,500
Profit (loss) carried forward14-€5,859
Amounts payable17/49€13,762
Amounts payable after more than one year17€4,100
Financial debts170/4€4,100
Amounts payable within one year42/48€8,417
Trade debts44€2,136
Suppliers440/4€2,136
Other amounts payable47/48€6,281
Accrued charges and deferred income492/3€1,245
Line2025
Profit (loss) for the period9904-€5,859
Operating cash flow (approximation)-€5,859

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,322 companies had the same profile as ACCRYPTAX has now. Two years later, 90.2% were still going and 4.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
90.2% was still going
5.5% stopped otherwise
4.2% went bankrupt

The bankruptcy probability of ACCRYPTAX itself is lower: 0.6% within 12 months. It rests on far more data about ACCRYPTAX than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,322 companies, not a prediction for ACCRYPTAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-07-2026 2026-00309233 PDF

Next steps