AK-CONSTRUCT
ActiveSummary
AK-CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,757) and a net result of -€9,188. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 5% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- -€10,757
- Loss
- -€9,188
Why 53raises riskCapped at 59: negative equityLoss of €9,188, the second in a row (financial year 2025)Negative equity -€10,757Sector: Specialised construction activities (NACE 43)lowers riskSize: turnover €14,000, total assets €7,394Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 3% on solvency, 14% on liquidity, 4% on profitability and 47% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 1 day before 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 (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: ALLAOUA Sofiane (manager)Appointment: ALLAOUA Sofiane (director) ·…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €9,143 in 2025 against €5,469 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,907 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €51,718 | €42,878 | €35,412 | €4,410 | €17,000 | €7,000 | €14,000 | ▲ 100% |
| Non-recurring operating income76A | - | - | €14,533 | - | €1,942 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €40,536 | €18,176 | €39,692 | €11,378 | €22,360 | ▲ 96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,869 | €722 | €476 | - | - | €149 | €380 | ▲ 155% |
| Other operating charges640/8 | - | - | €1,618 | - | €947 | €942 | €404 | ▼ 57.2% |
| Non-recurring operating charges66A | - | - | - | - | €45 | - | - | - |
| Gross operating margin9900 | €11,824 | €2,555 | €9,409 | -€13,766 | -€20,750 | -€4,378 | -€8,360 | ▼ 90.9% |
| Operating profit (loss)9901 | -€4,638 | €419 | €7,315 | -€13,766 | -€21,742 | -€5,469 | -€9,143 | ▼ 67.2% |
| Financial income75/76B | - | - | €1 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | €1 | - | - | - | - | - |
| Financial charges65/66B | - | - | €86 | €45 | €47 | €45 | €45 | = |
| Recurring financial charges65 | €475 | €284 | €86 | €45 | €47 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€5,113 | €135 | €7,230 | -€13,811 | -€21,789 | -€5,514 | -€9,188 | ▼ 66.6% |
| Profit (loss) for the period9904 | -€5,113 | €135 | €7,230 | -€13,811 | -€21,789 | -€5,514 | -€9,188 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | -€5,113 | €135 | €7,230 | -€13,811 | -€21,789 | -€5,514 | -€9,188 | ▼ 66.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €95,290 | €129,376 | €52,607 | €46,559 | €26,729 | €25,115 | €7,394 | ▼ 70.6% |
| Formation expenses20 | €160 | €80 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1,233 | €591 | €195 | €195 | €195 | €1,186 | €611 | ▼ 48.5% |
| Tangible fixed assets22/27 | €1,038 | €396 | €0 | - | - | €991 | €611 | ▼ 38.3% |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | - | €991 | €611 | ▼ 38.3% |
| Financial fixed assets28 | €195 | €195 | €195 | €195 | €195 | €195 | - | - |
| Current assets29/58 | €93,897 | €128,706 | €52,412 | €46,363 | €26,534 | €23,929 | €6,783 | ▼ 71.7% |
| Stocks and contracts in progress3 | €86,215 | €116,215 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1,811 | €6,744 | €45,540 | €45,662 | €20,108 | €19,944 | €4,491 | ▼ 77.5% |
| Trade receivables40 | - | - | - | €9,685 | - | - | - | - |
| Other amounts receivable41 | - | - | €45,540 | €35,977 | €20,108 | €19,944 | €4,491 | ▼ 77.5% |
| Cash at bank and in hand54/58 | €4,704 | €4,527 | €6,872 | €701 | €5,534 | €3,984 | €1,449 | ▼ 63.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €893 | - | €843 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €95,290 | €129,376 | €52,607 | €46,559 | €26,729 | €25,115 | €7,394 | ▼ 70.6% |
| Equity10/15 | €32,181 | €32,316 | €39,546 | €25,735 | €3,946 | -€1,569 | -€10,757 | ▼ 586% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €11,721 | €11,856 | €19,086 | €5,275 | -€16,514 | -€22,029 | -€31,217 | ▼ 41.7% |
| Amounts payable17/49 | €63,109 | €97,060 | €13,061 | €20,824 | €22,784 | €26,684 | €18,151 | ▼ 32.0% |
| Amounts payable after more than one year17 | €4,576 | €76,183 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €52,747 | €20,877 | €13,061 | €20,824 | €22,784 | €26,684 | €18,151 | ▼ 32.0% |
| Trade debts44 | €6,551 | €371 | €649 | - | €1,043 | €458 | €207 | ▼ 54.9% |
| Suppliers440/4 | - | - | €649 | - | €1,043 | €458 | €207 | ▼ 54.9% |
| Taxes, remuneration and social security45 | - | - | €12,412 | €12,412 | €13,329 | €14,199 | €8,700 | ▼ 38.7% |
| Taxes450/3 | - | - | €12,412 | €12,412 | €13,329 | €14,199 | €8,700 | ▼ 38.7% |
| Other amounts payable47/48 | - | - | - | €8,412 | €8,412 | €12,027 | €9,243 | ▼ 23.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,113 | €135 | €7,230 | -€13,811 | -€21,789 | -€5,514 | -€9,188 | ▼ 66.6% |
| + Depreciation and write-downs630 | €14,869 | €722 | €476 | - | - | €149 | €380 | ▲ 155% |
| Operating cash flow (approximation) | €9,755 | €858 | €7,705 | -€13,811 | -€21,789 | -€5,366 | -€8,808 | ▼ 64.2% |
| Investment in fixed assets (approximation) | - | -€80 | -€80 | €0 | €0 | -€1,140 | €195 | - |
| Change in cash | - | -€177 | €2,345 | -€6,171 | €4,832 | -€1,549 | -€2,536 | ▼ 63.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00099251 |
| 30-09-2024 | micro format | 01-06-2025 | 2025-00124408 |
| 30-09-2023 | micro format | 28-03-2024 | 2024-00055333 |
| 30-09-2022 | micro format | 28-04-2023 | 2023-00070996 |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20023382 |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12700569 |
| 30-09-2019 | micro format | 21-04-2020 | 2020-09500281 |
| 30-09-2018 | micro format | 13-05-2019 | 2019-13200065 |
| 30-09-2017 | micro format | 20-03-2018 | 2018-07100441 |
| 30-09-2016 | full format | 28-03-2017 | 2017-08000177 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Allaoua Sofiane |
|
| Allaoua Abdelkader |
|
| Moussaoui Kouka |
|
Owners and capital
Capital and shareholders
- Allaoua Abdelkader to Allaoua Sofiane 50 shares
- Moussaoui Kouka to Allaoua Sofiane 50 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 18-07-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-07
Gazette deed
Resignation: ALLAOUA Sofiane (manager)Appointment: ALLAOUA Sofiane (director) · Amendment of the articles · Capital conversion12 facts ▸
- General meeting, 05-07-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Capital, €20,460
- Other provision, “coordination des statuts, établir et signer coordination selon décisions précédentes et assurer dépôt au dossier” (deed in French)
- Director resignation, ALLAOUA Sofiane (manager)
- Director discharge, ALLAOUA Sofiane
- Board rule, 1
- Director appointment, ALLAOUA Sofiane (director (not named in the articles))
- Other provision, “non-interdiction, pas de condamnation interdisant fonction d'administrateur” (deed in French)
- Registered office clause, “6031 CHARLEROI (MONCEAU-SUR-SAMBRE), rue Thiébaut”, 7 (deed in French)
- Other provision, “unanimité, toutes résolutions prises à l'unanimité” (deed in French)
02-04
Gazette deed
Appointment: Allaoua Sofiane (director)Resignations: Allaoua Abdelkader (director) and Moussaoui Kouka (director) · Share transfer · Registered-office move7 facts ▸
- General meeting, 19-03-2024
- Share transfer, Allaoua Abdelkader → Allaoua Sofiane
- Share transfer, Moussaoui Kouka → Allaoua Sofiane
- Director appointment, Allaoua Sofiane (director)
- Director resignation, Allaoua Abdelkader (director)
- Director resignation, Moussaoui Kouka (director)
- Registered-office move, Rue Thiébaut,7 à 6031 Monceau-sur-Sambre
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0840.275.861
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52047B0135/00R004 | Wallonia | 551 m² | 1 · 160 m² | 14.3 m · 4 |
| 52047B0135/00S004 | Wallonia | 487 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Entreprise de plafonnage; Entreprise de maçonnerie; Entreprise générale de construction; Entreprise d’installation de chauffage central…” (deed in French)
27 activities (deed in French)
- Entreprise de plafonnage
- Entreprise de maçonnerie
- Entreprise générale de construction
- Entreprise d’installation de chauffage central
- Installation sanitaire et plomberie-zinguerie
- Pose de cloisonnage
- Réfection et entretien des routes
- Entreprise de peinture industrielle
- Entreprise de recouvrement de corniche en PVC
- Entreprise de démoussage de toitures
- Entreprise de ramonage de cheminées
- Entreprise d’installation d’échafaudages
- Rejointoiement et nettoyage de façade
- Entreprise d’égouts
- Travaux de distribution d’eau,de gaz
- Entreprise de travaux de pose de câbles et canalisations diverses
- Entreprise d’aménagement de plaines de jeux et de sports,parcs et jardins
- Entreprise de terrassement
- Entreprise de travaux de drainage
- Entreprise de placement de clôtures
- Entreprise d’isolation thermique et acoustique
- Entreprise de ventilation,de chauffage à air chaud,de conditionnement d’air et tuyauteries industrielles
- Entreprise de placement de paratonnerres
- Entreprise de placement de ferronneries,volets,menuiseries métalliques et PVC
- Fabrication d’agglomérés de ciment et de produits préfabriqués en ciment ou en béton
- Entreprise de garnissage de meubles non métalliques
- Entreprise de placement d’article en matière plastique ou produits synthétiques suivant art.6 de l’Arrêté Royal du 31 août 1964
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AK-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Peut établir,par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, sans limitation à défaut d'indication, organe d'administration” (deed in French)“Rémunération administrateur, gratuit à défaut de décision contraire” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of March
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)