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 €59.93M and a net result of €-13.93M. Equity is growing by ~186.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 47 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
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. 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 €2M 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.
Credit advice for your own amount and term
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
Sector 62
lower
← 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 →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€59.93M▲ 307%
2025 · €14.73M
2024: €4.92M
2025: €14.73M
2024 → 2026
Total assets
€73.22M▲ 302%
2025 · €18.20M
2024: €5.65M
2025: €18.20M
2024 → 2026
Net result
€-13.93M▼ 232%
2025 · €-4.19M
2024: €-880k
2025: €-4.19M
2024 → 2026
Working capital
€65.41M▲ 297%
2025 · €16.46M
2024: €5.46M
2025: €16.46M
2024 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202420252026Trend
Equity€4.92M-€14.73M▲ 199%€59.93M▲ 307%
Operating result€-856k-€-4.43M▼ 417%€-14.19M▼ 220%
Net result€-880k-€-4.19M▼ 377%€-13.93M▼ 232%
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 €14.19M in 2026 against €4.43M 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 €73.22M
Fixed assets
€5.47M ▲ 1,335%
Current assets
€67.76M ▲ 280%
Equity and liabilities €73.22M
Equity
€59.93M ▲ 307%
Debt
€13.30M ▲ 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
€-13.57M▼
2025 · €-4.40M
Cash flow
€-13.32M▼
2025 · €-4.17M
Current ratio
28.85▲
2025 · 13.03
Debt to equity
0.22▼
2025 · 0.24
ROE
-23.2%▲
2025 · -28.5%
ROA
-19.0%▲
2025 · -23.0%
Interest coverage
-47.09▲
2025 · -242.04
Debt ≤ 1 year
€2.35M▲
2025 · €1.37M
Debt > 1 year
€85k
Income taxes
€-139k▼
2025 · €0
Staff costs
€2.76M▲
2025 · €657k
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 · 2026 against 2025 · 50 lines
Balance sheet
Code20252026
Assets
Total assets20/58€18.20M€73.22M▲
Fixed assets21/28€381k€5.47M▲
Intangible fixed assets21€19k€3.92M▲
Tangible fixed assets22/27€289k€646k▲
Plant, machinery and equipment23€36k€79k▲
Furniture and vehicles24€82k€289k▲
Other tangible fixed assets26€172k€279k▲
Financial fixed assets28€73k€901k▲
Current assets29/58€17.82M€67.76M▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€1.83M€5.91M▲
Trade receivables40€1.44M€5.32M▲
Other amounts receivable41€393k€598k▲
Current investments50/53€12.94M€51.00M▲
Cash at bank and in hand54/58€2.77M€9.55M▲
Deferred charges and accrued income490/1€289k€1.29M▲
Equity and liabilities
Total equity and liabilities10/49€18.20M€73.22M▲
Equity10/15€14.73M€59.93M▲
Contributions10/11€19.80M€78.93M▲
Profit (loss) carried forward14€-5.07M€-19.00M▼
Amounts payable17/49€3.48M€13.30M▲
Amounts payable after more than one year17-€85k
Financial debts170/4-€85k
Amounts payable within one year42/48€1.37M€2.35M▲
Financial debts43€4k€1k▼
Credit institutions430/8€4k€1k▼
Trade debts44€1.25M€2.02M▲
Suppliers440/4€1.25M€2.02M▲
Taxes, remuneration and social security45€112k€327k▲
Taxes450/3-€4k
Remuneration and social security454/9€112k€322k▲
Accrued charges and deferred income492/3€2.11M€10.86M▲
Income statement
Code20252026
Remuneration, social security and pensions62€657k€2.76M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€614k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€115k
Other operating charges640/8€9k€82k▲
Gross operating margin9900€-3.73M€-10.62M▼
Operating profit (loss)9901€-4.43M€-14.19M▼
Financial income75/76B€252k€404k▲
Recurring financial income75€252k€404k▲
Financial charges65/66B€18k€288k▲
Recurring financial charges65€18k€288k▲
Profit (loss) for the period before taxes9903€-4.19M€-14.07M▼
Income taxes67/77€0€-139k▼
Profit (loss) for the period9904€-4.19M€-13.93M▼
Profit (loss) for the period to be appropriated9905€-4.19M€-13.93M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5.07M€-19.00M▼
Profit (loss) brought forward from the previous period14P€-880k€-5.07M▼
Social balance
Average headcount (FTE)90878.227.1▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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 amendmentCapital increase · Bank account · Capital4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Bank account · Capital4 facts ▸
- Capital increase, €261.000
- Bank account, 15 juli 2026
- Capital
- Statutes amendment
05-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial
Weakest financial yearnet €-13.93M
Net result drops to €-13.93M, 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 €59.93M ▲307%
Equity rises from €14.73M to €59.93M.
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
Financial
Equity above €10MEq €14.73M ▲199%
Equity rises from €4.92M to €14.73M.
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.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
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.
Keizer Karelstraat 159000 GentGround 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.
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
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.
Articles of association
Other provisions of the articles (5)
- Power of attorney (2)
- Statutes amendment: 5
- Profit allocation
- Power of attorney: Hans Kayaert
Structure & network
Capital and shareholders
Capital over the years
- 05-08-2026 Capital increase of 261,000 EUR · 7,500 new shares
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 |
Schemes
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
699400E5YPMHFRISO315
Similar companies · same sector, comparable size
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DELIVERECT
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CIPAL
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SOFT AND INFORMATICS COMPANY
BE 0404.484.060
Gent · Eq €56.92M
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 190 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 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
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.