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AK Building Solutions

Active
Private limited companyfounded 2021active for 4 yearsMeerstraat 100, 1852 Grimbergen, BelgiumKBO/BCE: BE 0778.810.129
Summary

The computed 12-month bankruptcy probability of AK Building Solutions is 8.9% (elevated). The 2024 annual accounts show equity of €23,809 and a net result of €5,305. Equity is growing by about 76% per year across the filed financial years. Its solvency ranks better than 47% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212
1 site
Size
€53,989total assets 2024
Equity
€23,809
Profit
€5,305
Turnover not published (micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.9%
Structure
Accounts 72 days overdue0 of 1 deed read
Why 34raises risk1 financial year not filed after the legal deadline; latest accounts 176 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 23-01-2026)Size: total assets €53,989Founded in 2021Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 69-17
equity 44.1% of total assets
Liquidity 23-9
short-term debt 55.9% · cash 1.5%
Profitability 81-19
return on assets 9.8%
Bankruptcy probability, 12 months
8.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)
Last 24 months 11-2024: 7.2% 12-2024: 7.2%● unchanged vs 11-2024 01-2025: 7.2%● unchanged vs 12-2024 02-2025: 7.2%● unchanged vs 01-2025 03-2025: 7.3%▲ +0.1 percentage points vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.3%● unchanged vs 04-2025 06-2025: 7.3%● unchanged vs 05-2025 07-2025: 7.3%● unchanged vs 06-2025 08-2025: 7.3%● unchanged vs 07-2025 09-2025: 6.6%▼ -0.7 percentage points vs 08-2025 10-2025: 6.6%● unchanged vs 09-2025 11-2025: 6.6%● unchanged vs 10-2025 12-2025: 6.3%▼ -0.3 percentage points vs 11-2025 01-2026: 6.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 6.4%▲ +0.2 percentage points vs 01-2026 03-2026: 6.5%▲ +0.1 percentage points vs 02-2026 04-2026: 6.6%▲ +0.1 percentage points vs 03-2026 05-2026: 6.7%▲ +0.1 percentage points vs 04-2026 06-2026: 6.5%▼ -0.2 percentage points vs 05-2026 07-2026: 6.4%▼ -0.1 percentage points vs 06-2026 08-2026: 7.0%▲ +0.6 percentage points vs 07-2026 09-2026: 7.2%▲ +0.2 percentage points vs 08-2026 10-2026: 8.9%▲ +1.7 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 1.63, compared with 2.54 in 2023; short-term debt: 55.9% and cash: 1.5% of total assets), but 55.9% 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 43, micro): better than 47% on solvency, 13% on liquidity, 61% on profitability and 74% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 176 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 23-01-2026)
NBB · annual accounts
raises risk · Size: total assets €53,989
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-01-2026, 176 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
176 days late
2023
522 days late
2022
888 days late
← 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 529 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Total assets 20243 financial years filed €53,989 View
  • Active since 2021founded 20-12-2021 4 years View

By topic

Financials

Financial year
2024
Total assets
€53,989
Profit
€5,305
Solvency
44.1%
Total assets▲ 76.7%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 31-12-2023Back to profit
  2. 31-12-2023Liquidity more than triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
20-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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