Aikido Security
ActiveSummary
The annual accounts of Aikido Security for fiscal year 2026 show a net loss of 95% of the equity at the start of that year. The 2026 annual accounts show equity of €59.9m and a net result of -€13.9m. Equity is growing by ~186.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 55 sector peers (fiscal year 2026). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability0=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 28.85 against 13.03 in 2025; short-term debt: 3.2% and cash: 13% of total assets), and 18.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
81.8%
Return on assets
-19%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 05-08-2026, 26 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2026
26 d early
2025
2 d early
2024
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 29 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-01-2027 close31-08-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2026, abbreviated schema
In the rankings
#5 company by equity in Ghent, Telecoms and IT sector#9 company by total assets in Ghent, Telecoms and IT sector
Equity
€59.9m▲ 307%
2025 · €14.7m
Total assets
€73.2m▲ 302%
2025 · €18.2m
Net result
-€13.9m▼ 232%
2025 · -€4.2m
Working capital
€65.4m▲ 297%
2025 · €16.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202420252026
Operating result-€855,551--€4.4m▼ 417%-€14.2m▼ 220%
Net result-€879,846below the sector's middle half--€4.2mbelow the sector's middle half▼ 377%-€13.9m▼ 232%
Equity€4.9mabove the sector's middle half-€14.7mabove the sector's middle half▲ 199%€59.9m▲ 307%
Total assets€5.6mabove the sector's middle half-€18.2mabove the sector's middle half▲ 222%€73.2m▲ 302%
Debt€727,660-€3.5m▲ 378%€13.3m▲ 282%
Working capital€5.5mabove the sector's middle half-€16.5mabove the sector's middle half▲ 201%€65.4m▲ 297%
Solvency87.1%above the sector's middle half-80.9%above the sector's middle half▼ 6.2pp81.8%▲ 0.9pp
Current ratio37.60above the sector's middle half-13.03above the sector's middle half▼ 24.5728.85▲ 15.82
Return on assets (ROA)-15.6%below the sector's middle half--23.0%below the sector's middle half▼ 7.5pp-19.0%▲ 4.0pp
Staff (FTE)2.4within the sector's middle half-8.2within the sector's middle half▲ 242%27.1▲ 230%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14.2m in 2026 against €4.4m in 2025; the loss grows and 2026 has the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €73.2m
Fixed assets
€5.5m ▲ 1,335%
Current assets
€67.8m ▲ 280%
Equity and liabilities €73.2m
Equity
€59.9m ▲ 307%
Debt
€13.3m ▲ 282%
Debt's share of the balance-sheet total falls from 19.1% to 18.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€13.6m▼
2025 · -€4.4m
Cash flow
-€13.3m▼
2025 · -€4.2m
Debt to equity
0.22▼
2025 · 0.24
ROE
-23.2%▲
2025 · -28.5%
Interest coverage
-47.09▲
2025 · -242.04
Debt ≤ 1 year
€2.3m▲
2025 · €1.4m
Debt > 1 year
€84,812
Income taxes
-€139,436▼
2025 · €0
Staff costs
€2.8m▲
2025 · €657,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 133 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
3.0%
stopped otherwise
94%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 133 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
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €187,325 | €657,089 | €2.8m | ▲ 320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,439 | €26,061 | €613,849 | ▲ 2,255% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €115,456 | - |
| Other operating charges640/8 | €1,558 | €9,412 | €82,410 | ▲ 776% |
| Gross operating margin9900 | -€656,229 | -€3.7m | -€10.6m | ▼ 184% |
| Operating profit (loss)9901 | -€855,551 | -€4.4m | -€14.2m | ▼ 220% |
| Financial income75/76B | €15,922 | €251,675 | €403,907 | ▲ 60.5% |
| Recurring financial income75 | €15,922 | €251,675 | €403,907 | ▲ 60.5% |
| Financial charges65/66B | €40,190 | €18,179 | €288,215 | ▲ 1,485% |
| Recurring financial charges65 | €40,190 | €18,179 | €288,215 | ▲ 1,485% |
| Profit (loss) for the period before taxes9903 | -€879,819 | -€4.2m | -€14.1m | ▼ 236% |
| Income taxes67/77 | €27 | €0 | -€139,436 | - |
| Profit (loss) for the period9904 | -€879,846 | -€4.2m | -€13.9m | ▼ 232% |
| Profit (loss) for the period to be appropriated9905 | -€879,846 | -€4.2m | -€13.9m | ▼ 232% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5.6m | €18.2m | €73.2m | ▲ 302% |
| Fixed assets21/28 | €39,969 | €380,909 | €5.5m | ▲ 1,335% |
| Intangible fixed assets21 | €28,581 | €18,589 | €3.9m | ▲ 20,987% |
| Tangible fixed assets22/27 | €11,388 | €289,495 | €646,080 | ▲ 123% |
| Plant, machinery and equipment23 | €7,906 | €35,526 | €78,660 | ▲ 121% |
| Furniture and vehicles24 | €3,481 | €82,374 | €288,757 | ▲ 251% |
| Other tangible fixed assets26 | - | €171,595 | €278,663 | ▲ 62.4% |
| Financial fixed assets28 | - | €72,825 | €901,112 | ▲ 1,137% |
| Current assets29/58 | €5.6m | €17.8m | €67.8m | ▲ 280% |
| Amounts receivable after more than one year29 | €259,960 | €0 | - | - |
| Other amounts receivable291 | €259,960 | €0 | - | - |
| Amounts receivable within one year40/41 | €337,851 | €1.8m | €5.9m | ▲ 223% |
| Trade receivables40 | €283,707 | €1.4m | €5.3m | ▲ 269% |
| Other amounts receivable41 | €54,144 | €393,016 | €597,575 | ▲ 52.0% |
| Current investments50/53 | - | €12.9m | €51.0m | ▲ 294% |
| Cash at bank and in hand54/58 | €5.0m | €2.8m | €9.5m | ▲ 245% |
| Deferred charges and accrued income490/1 | €51,384 | €288,591 | €1.3m | ▲ 348% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5.6m | €18.2m | €73.2m | ▲ 302% |
| Equity10/15 | €4.9m | €14.7m | €59.9m | ▲ 307% |
| Contributions10/11 | €5.8m | €19.8m | €78.9m | ▲ 299% |
| Profit (loss) carried forward14 | -€879,846 | -€5.1m | -€19.0m | ▼ 275% |
| Amounts payable17/49 | €727,660 | €3.5m | €13.3m | ▲ 282% |
| Amounts payable after more than one year17 | - | - | €84,812 | - |
| Financial debts170/4 | - | - | €84,812 | - |
| Amounts payable within one year42/48 | €149,185 | €1.4m | €2.3m | ▲ 71.7% |
| Financial debts43 | €1,451 | €3,897 | €1,012 | ▼ 74.0% |
| Credit institutions430/8 | €1,451 | €3,897 | €1,012 | ▼ 74.0% |
| Trade debts44 | €130,061 | €1.3m | €2.0m | ▲ 61.4% |
| Suppliers440/4 | €130,061 | €1.3m | €2.0m | ▲ 61.4% |
| Taxes, remuneration and social security45 | €17,673 | €112,377 | €326,622 | ▲ 191% |
| Taxes450/3 | - | - | €4,229 | - |
| Remuneration and social security454/9 | €17,673 | €112,377 | €322,394 | ▲ 187% |
| Accrued charges and deferred income492/3 | €578,474 | €2.1m | €10.9m | ▲ 415% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€879,846 | -€4.2m | -€13.9m | ▼ 232% |
| + Depreciation and write-downs630 | €10,439 | €26,061 | €613,849 | ▲ 2,255% |
| Operating cash flow (approximation) | -€869,407 | -€4.2m | -€13.3m | ▼ 220% |
| Investment in fixed assets (approximation) | - | -€367,002 | -€5.7m | ▼ 1,453% |
| Change in cash | - | -€2.2m | €6.8m | ▲ 409% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
17-09
State Gazette act
Statutes amendmentFinancial instrument · Capital increase · Bank account4 facts ▸
State Gazette act
Statutes amendment
Financial instrument · Capital increase · Bank account4 facts ▸
- Financial instrument, gewoon aandeel, 1143
- Capital increase, €166.695,12
- Bank account, Vennootschap
- Share issue, gewoon aandeel, 1143
05-08
State Gazette act
Capital & shares · Statutes amendmentFinancial instrument · Share issue · Bank account6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Financial instrument · Share issue · Bank account6 facts ▸
- Other statement, bijzondere lasthebber, bijzondere lasthebber
- Financial instrument, ESOP, 7500
- Other statement, lijst uitoefening inschrijvingsrechten, dossier notaris
- Share issue, nieuwe aandelen, 7500
- Bank account, 261000, dossier notaris
- Capital
05-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
24-07
State Gazette act
Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Wouter Coppens · Auditor report · Capital increase18 facts ▸
State Gazette act
Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Wouter Coppens · Auditor report · Capital increase18 facts ▸
- General meeting, 10-07-2026
- Other statement, Kennisname verslagen, EERSTE BESLISSING
- Auditor report, inbreng in natura en uitgifte aandelen, geen bevindingen van materieel belang
- Other statement, no fairness opinion, artikel 5:133 en 5:121 WVV
- Other statement, laattijdigheid, geen wezenlijke invloed
- Auditor report, 25-06-2026
- Capital increase, €2.786.127,36
- Capital contribution
- Capital contribution
- Other statement, Vaststelling verwezenlijking bijkomende inbreng, VIERDE BESLISSING
- Statutes amendment, 5
- Authorised capital, ZESDE BESLISSING, gewone plus gekwalificeerde artikel 11.3 tweede lid
- +6 further facts in this act
31-01
Financial
Weakest financial yearnet -€13.9m
Net result drops to -€13.9m, the lowest in the series.
31-01
Financial
Liquidity doublescurrent ratio 28.85
Current ratio from 13.03 to 28.85.
31-01
Financial
Equity above €50mEq €59.9m ▲307%
Equity rises from €14.7m to €59.9m.
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
Financial
Equity above €10mEq €14.7m ▲199%
Equity rises from €4.9m to €14.7m.
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
3 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 3 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
PricewaterhouseCoopers Reviseurs d'Entreprises
CurrentStatutory auditor · since 24-07-2026 · perm. rep.: Wouter Coppens
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
Ground area
1,571 m²
Building footprint
1,398 m²
Volume, LiDAR
30,343 m³
Parcel 44804D1170/00B000, Flanders · tallest building 32.8 m, ±8 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Aikido Security
since 20222.339.389.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D1170/00B000 | Flanders | 1,570 m² | 1 · 1,398 m² | 32.8 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| PricewaterhouseCoopers Reviseurs d'Entreprises |
|
Articles of association
Power of attorney
Statutes amendment
Profit allocation
One provision in the deed
Other statement
2 provisions in the deed
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-01-2026 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 31-01-2026 of Aikido Security and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Capital over the years
- 17-09-2026 Capital increase of 166,695.12 EUR · 1,143 new shares · in cash
- 05-08-2026 Capital stated in the act · 1,884,429 shares
- 24-07-2026 Capital increase of 2,786,127.36 EUR · 19,104 new shares · in kind
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 433,835 EUR awarded · 433,835 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 87,960 EUR |
| 2024 | 2 | 1,875 EUR | 173,875 EUR |
| 2023 | 1 | 431,960 EUR | 172,000 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
699400E5YPMHFRISO315
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,787. 190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-2022
Fiscal year end31-01
Abbreviation NL
Aikido
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0792914919
Also
9925:BE0792914919
Registered
28-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.