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ACKO

Active
Private limited companyfounded 2024active for 2 yearsRue de Vottem 32, 4000 Liège, BelgiumKBO/BCE: BE 1011.754.738
Summary

The computed 12-month bankruptcy probability of ACKO is 2.2% (moderate). The 2025 annual accounts show equity of €2,835 and a net result of -€1,165. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (19 days) Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425117.

Equity
€2,835
Total assets
€17,148
Net result
-€1,165
Working capital
-€10,440

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €17,148
Fixed assets €13,433
Current assets €3,715
Equity and liabilities €17,148
Equity €2,835
Debt €14,312
Debt finances 83.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,591
Cash flow
€11,355
Current ratio
0.26
Debt to equity
5.05
ROE
-41.1%
ROA
-6.8%
Interest coverage
over 100
Debt ≤ 1 year
€14,155
Income taxes
€1,201

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,271 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€17,148
Fixed assets21/28€13,433
Tangible fixed assets22/27€13,433
Furniture and vehicles24€13,433
Current assets29/58€3,715
Cash at bank and in hand54/58€3,715
Equity and liabilities
Total equity and liabilities10/49€17,148
Equity10/15€2,835
Contributions10/11€4,000
Profit (loss) carried forward14-€1,165
Amounts payable17/49€14,312
Amounts payable within one year42/48€14,155
Trade debts44€399
Suppliers440/4€399
Taxes, remuneration and social security45€5,501
Taxes450/3€2,501
Remuneration and social security454/9€3,000
Other amounts payable47/48€8,255
Accrued charges and deferred income492/3€157
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,519
Other operating charges640/8€2,750
Gross operating margin9900€15,340
Operating profit (loss)9901€71
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€36
Income taxes67/77€1,201
Profit (loss) for the period9904-€1,165
Profit (loss) for the period to be appropriated9905-€1,165
Appropriation of the result
Profit (loss) to be appropriated9906-€1,165

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,519
Other operating charges640/8€2,750
Gross operating margin9900€15,340
Operating profit (loss)9901€71
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€36
Income taxes67/77€1,201
Profit (loss) for the period9904-€1,165
Profit (loss) for the period to be appropriated9905-€1,165
Line2025
Assets
Total assets20/58€17,148
Fixed assets21/28€13,433
Tangible fixed assets22/27€13,433
Furniture and vehicles24€13,433
Current assets29/58€3,715
Cash at bank and in hand54/58€3,715
Equity and liabilities
Total equity and liabilities10/49€17,148
Equity10/15€2,835
Contributions10/11€4,000
Profit (loss) carried forward14-€1,165
Amounts payable17/49€14,312
Amounts payable within one year42/48€14,155
Trade debts44€399
Suppliers440/4€399
Taxes, remuneration and social security45€5,501
Taxes450/3€2,501
Remuneration and social security454/9€3,000
Other amounts payable47/48€8,255
Accrued charges and deferred income492/3€157
Line2025
Profit (loss) for the period9904-€1,165
+ Depreciation and write-downs630€12,519
Operating cash flow (approximation)€11,355

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 19-08-2026 2026-00425117

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.