AK
ActiveSummary
AK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €25. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-15
Solvency51▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.99 in 2024; short-term debt: 24% and cash: 17.3% of total assets), and 74% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26%
Return on assets
0%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 7 filingsDeviation from the deadline
2025
55 d late
2024
35 d early
2023
22 d late
2022
2 d late
2021
64 d late
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€173k
EBIT margin
1.1%
Net result
€25▼ 99.8%
2024 · €10k
2019: €24khighest in 7 years
2020: €6k▼ -75.0% vs 2019
2021: €-382▼ -106% vs 2020
2022: €-47k▼ -12192% vs 2021lowest in 7 years
2023: €17k▲ +137% vs 2022
2024: €10k▼ -41.1% vs 2023
2025: €25▼ -99.8% vs 2024
2019 → 2025
Working capital
€-5k▼ 634%
2024 · €-679
2019: €162highest in 7 years
2020: €-26k▼ -16000% vs 2019lowest in 7 years
2021: €-18k▲ +30.1% vs 2020
2022: €-25k▼ -40.2% vs 2021
2023: €-10k▲ +59.5% vs 2022
2024: €-679▲ +93.3% vs 2023
2025: €-5k▼ -634% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€173k-
Equity€48k-€1k▼ 97.6%€17k▲ 1,416%€28k▲ 58.2%€28k▼ 0.2%
2021: €48khighest in 5 years
2022: €1k▼ -97.6% vs 2021lowest in 5 years
2023: €17k▲ +1416% vs 2022
2024: €28k▲ +58.2% vs 2023
2025: €28k▼ -0.2% vs 2024
Operating result€2k-€-45k€18k€12k▼ 34.6%€628▼ 94.6%
2021: €2k
2022: €-45k▼ -2565% vs 2021lowest in 5 years
2023: €18k▲ +139% vs 2022highest in 5 years
2024: €12k▼ -34.6% vs 2023
2025: €628▼ -94.6% vs 2024
Net result€-382-€-47k▼ 12,192%€17k€10k▼ 41.1%€25▼ 99.8%
2021: €-382
2022: €-47k▼ -12192% vs 2021lowest in 5 years
2023: €17k▲ +137% vs 2022highest in 5 years
2024: €10k▼ -41.1% vs 2023
2025: €25▼ -99.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets
€85k ▲ 202%
Current assets
€20k ▼ 63.2%
Equity and liabilities €106k
Equity
€28k ▼ 0.2%
Debt
€78k ▲ 39.5%
Debt's share of the balance-sheet total rises from 67.0% to 74.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €12k
Cash flow
€13k▲
2024 · €11k
Current ratio
0.80▼
2024 · 0.99
Debt to equity
2.84▲
2024 · 2.03
ROE
0.1%▼
2024 · 36.8%
ROA
0.0%▼
2024 · 12.1%
Interest coverage
22.64▼
2024 · 134.26
Debt ≤ 1 year
€25k▼
2024 · €56k
Debt > 1 year
€53k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€84k€106k▲
Fixed assets21/28€28k€85k▲
Tangible fixed assets22/27€28k€85k▲
Land and buildings22€10k€10k=
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€14k€10k▼
Leasing and similar rights25-€63k
Current assets29/58€55k€20k▼
Amounts receivable within one year40/41€1k€2k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€21k€18k▼
Deferred charges and accrued income490/1€34k€433▼
Equity and liabilities
Total equity and liabilities10/49€84k€106k▲
Equity10/15€28k€28k▼
Contributions10/11€19k€19k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-21k€-21k▼
Amounts payable17/49€56k€78k▲
Amounts payable after more than one year17-€53k
Financial debts170/4-€53k
Amounts payable within one year42/48€56k€25k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€28k€4k▼
Taxes450/3€25k€821▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€26k€20k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€299▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€765€13k▲
Other operating charges640/8€1k€4k▲
Non-recurring operating charges66A€15k-
Gross operating margin9900€29k€18k▼
Operating profit (loss)9901€12k€628▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€92€603▲
Recurring financial charges65€92€603▲
Profit (loss) for the period before taxes9903€12k€25▼
Income taxes67/77€1k-
Profit (loss) for the period9904€10k€25▼
Profit (loss) for the period to be appropriated9905€10k€25▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-21k▼
Profit (loss) brought forward from the previous period14P€-31k€-21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €173k | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €2k | €299 | ▼ 80.7% |
| Goods, raw materials, services and sundry goods60/61 | €140k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €4k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €32k | €7k | €765 | €13k | ▲ 1,601% |
| Other operating charges640/8 | €6k | €4k | €3k | €1k | €4k | ▲ 280% |
| Non-recurring operating charges66A | - | €23k | - | €15k | - | - |
| Gross operating margin9900 | €42k | €13k | €28k | €29k | €18k | ▼ 38.2% |
| Operating profit (loss)9901 | €2k | €-45k | €18k | €12k | €628 | ▼ 94.6% |
| Financial income75/76B | €80 | €0 | €1 | - | €0 | - |
| Recurring financial income75 | €80 | €0 | €1 | - | €0 | - |
| Financial charges65/66B | €2k | €2k | €374 | €92 | €603 | ▲ 555% |
| Recurring financial charges65 | €2k | €2k | €374 | €92 | €603 | ▲ 555% |
| Profit (loss) for the period before taxes9903 | €379 | €-47k | €17k | €12k | €25 | ▼ 99.8% |
| Income taxes67/77 | €760 | €120 | €86 | €1k | - | - |
| Profit (loss) for the period9904 | €-382 | €-47k | €17k | €10k | €25 | ▼ 99.8% |
| Profit (loss) for the period to be appropriated9905 | €-382 | €-47k | €17k | €10k | €25 | ▼ 99.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178k | €79k | €115k | €84k | €106k | ▲ 26.4% |
| Fixed assets21/28 | €152k | €56k | €50k | €28k | €85k | ▲ 202% |
| Tangible fixed assets22/27 | €152k | €56k | €50k | €28k | €85k | ▲ 202% |
| Land and buildings22 | €10k | €10k | €10k | €10k | €10k | = |
| Plant, machinery and equipment23 | €11k | €8k | €6k | €4k | €2k | ▼ 52.9% |
| Furniture and vehicles24 | €131k | €37k | €35k | €14k | €10k | ▼ 25.9% |
| Leasing and similar rights25 | - | - | - | - | €63k | - |
| Current assets29/58 | €26k | €23k | €64k | €55k | €20k | ▼ 63.2% |
| Amounts receivable within one year40/41 | €3k | €20k | €11k | €1k | €2k | ▲ 22.3% |
| Trade receivables40 | - | €12k | €10k | - | - | - |
| Other amounts receivable41 | €3k | €8k | €1k | €1k | €2k | ▲ 22.3% |
| Cash at bank and in hand54/58 | €18k | €2k | €20k | €21k | €18k | ▼ 10.9% |
| Deferred charges and accrued income490/1 | €6k | €1k | €33k | €34k | €433 | ▼ 98.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178k | €79k | €115k | €84k | €106k | ▲ 26.4% |
| Equity10/15 | €48k | €1k | €17k | €28k | €28k | ▼ 0.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | - | - | - | - |
| Other1109/19 | €19k | €19k | - | - | - | - |
| Reserves13 | €30k | €30k | €30k | €30k | €30k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | - | - | - |
| Distributable reserves133 | €28k | €28k | €28k | €30k | €30k | = |
| Profit (loss) carried forward14 | €-382 | €-47k | €-31k | €-21k | €-21k | ▼ 0.3% |
| Amounts payable17/49 | €130k | €77k | €97k | €56k | €78k | ▲ 39.5% |
| Amounts payable after more than one year17 | €86k | €29k | €21k | - | €53k | - |
| Financial debts170/4 | €86k | €29k | €21k | - | €53k | - |
| Amounts payable within one year42/48 | €44k | €48k | €74k | €56k | €25k | ▼ 54.7% |
| Trade debts44 | €2k | €464 | €2k | €3k | €2k | ▼ 29.2% |
| Suppliers440/4 | €2k | €464 | €2k | €3k | €2k | ▼ 29.2% |
| Advances received on contracts in progress46 | €11k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €4k | €11k | €22k | €28k | €4k | ▼ 85.6% |
| Taxes450/3 | €508 | €11k | €22k | €25k | €821 | ▼ 96.8% |
| Remuneration and social security454/9 | €3k | €14 | - | €3k | €3k | ▲ 22.8% |
| Other amounts payable47/48 | €28k | €36k | €50k | €26k | €20k | ▼ 23.7% |
| Accrued charges and deferred income492/3 | - | - | €2k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-382 | €-47k | €17k | €10k | €25 | ▼ 99.8% |
| + Depreciation and write-downs630 | €31k | €32k | €7k | €765 | €13k | ▲ 1,601% |
| Operating cash flow (approximation) | €31k | €-15k | €25k | €11k | €13k | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | €65k | €-2k | €21k | €-70k | ▼ 431% |
| Change in cash | - | €-16k | €18k | €955 | €-2k | ▼ 336% |
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 2026, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Lommel · 1 establishment unit since 2018
Ground area
1,511 m²
Building footprint
156 m²
Volume, LiDAR
738 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Ak
since 20182.276.000.476
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72344D1012/00C000 | Flanders | 783 m² | - | - |
| 72020C0991/00Z016 | Flanders | 728 m² | 1 · 156 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 7,854 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
Founded22-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.