Financials
- Fiscal year
- 2024
- Total assets
- €58,860
- Loss
- -€1,722
- Solvency
- 31.3%
Total assets▲ 3.7%
Net result
20182024
AK BUILDING
ActiveSummary
The computed 12-month bankruptcy probability of AK BUILDING is 3.5% (moderate). The 2024 annual accounts show equity of €18,444 and a net result of -€1,722. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 9,988 sector peers (NACE 41, fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€58,860total assets 2024
- Staff
- 0.8 FTE
- Equity
- €18,444
- Loss
- -€1,722
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 7 deeds read
Why 49- Figures for FY 2024 (filed 28-08-2025)- Sector Construction of residential and non-residential buildings (NACE 41)- 1 financial year not filed after the legal deadline; latest accounts 28 days late+ Liquidity: current ratio 1.41, cash €17,976Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency
56-5
equity 31.3% of total assets
Liquidity
52+27
short-term debt 68.7% · cash 30.5%
Profitability
24+24
return on assets -2.9%
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.4%
12-2024: 4.4%● unchanged vs 11-2024
01-2025: 4.3%▼ -0.1 percentage points vs 12-2024
02-2025: 4.3%● unchanged vs 01-2025
03-2025: 4.3%● unchanged vs 02-2025
04-2025: 4.3%● unchanged vs 03-2025
05-2025: 4.3%● unchanged vs 04-2025
06-2025: 4.2%▼ -0.1 percentage points vs 05-2025
07-2025: 4.3%▲ +0.1 percentage points vs 06-2025
08-2025: 5.3%▲ +1.0 percentage point vs 07-2025highest value
09-2025: 1.2%▼ -4.1 percentage points vs 08-2025
10-2025: 1.1%▼ -0.1 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.0%▼ -0.1 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.0%▼ -0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +0.7 percentage points vs 07-2026
09-2026: 2.0%▲ +0.3 percentage points vs 08-2026
10-2026: 3.5%▲ +1.5 percentage points vs 09-2026
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.54 in 2023; short-term debt: 68.7% and cash: 30.5% of total assets), and 68.7% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 38% on solvency, 55% on liquidity, 18% on profitability and 26% on growth.
The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,722
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
not confirmed
2024
28 days late
2023
20 days late
2022
16 days late
2021
61 days late
2020
30 days late
2019
112 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€41,905
Key points
By topic
Timeline
- Events
- 8
- Since
- 2020
- 16-08-2023Annual accounts filed
- 30-09-2022Annual accounts filed
- 30-08-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 26-02-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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