AK GROUP
ActiveSummary
The computed 12-month bankruptcy probability of AK GROUP is 4.3% (elevated). The 2025 annual accounts show equity of €113k and a net result of €362k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 13417 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency40▼-29
Growth78=
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.77 against 1.29 in 2024; short-term debt: 75.9% and cash: 46.2% of total assets), and 85.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
14.9%
Return on assets
47.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
3 d early
2023
20 d early
2022
14 d early
2021
30 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 31-12-2026 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
Equity
€113k▼ 60.1%
2024 · €283k
2021: €7klowest in 5 years
2022: €17k▲ +140% vs 2021
2023: €118k▲ +607% vs 2022
2024: €283k▲ +140% vs 2023highest in 5 years
2025: €113k▼ -60.1% vs 2024
2021 → 2025
Total assets
€757k▲ 17.5%
2024 · €644k
2021: €13klowest in 5 years
2022: €31k▲ +139% vs 2021
2023: €394k▲ +1161% vs 2022
2024: €644k▲ +63.5% vs 2023
2025: €757k▲ +17.5% vs 2024highest in 5 years
2021 → 2025
Net result
€362k▲ 36.5%
2024 · €265k
2021: €6klowest in 5 years
2022: €10k▲ +63.9% vs 2021
2023: €101k▲ +940% vs 2022
2024: €265k▲ +162% vs 2023
2025: €362k▲ +36.5% vs 2024highest in 5 years
2021 → 2025
Working capital
€-130k
2024 · €92k
2021: €7k
2022: €6k▼ -16.1% vs 2021
2023: €28k▲ +373% vs 2022
2024: €92k▲ +236% vs 2023highest in 5 years
2025: €-130k▼ -240% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€17k▲ 140%€118k▲ 607%€283k▲ 140%€113k▼ 60.1%
2021: €7klowest in 5 years
2022: €17k▲ +140% vs 2021
2023: €118k▲ +607% vs 2022
2024: €283k▲ +140% vs 2023highest in 5 years
2025: €113k▼ -60.1% vs 2024
Operating result€7k-€13k▲ 70.1%€136k▲ 973%€367k▲ 170%€493k▲ 34.5%
2021: €7klowest in 5 years
2022: €13k▲ +70.1% vs 2021
2023: €136k▲ +973% vs 2022
2024: €367k▲ +170% vs 2023
2025: €493k▲ +34.5% vs 2024highest in 5 years
Net result€6k-€10k▲ 63.9%€101k▲ 940%€265k▲ 162%€362k▲ 36.5%
2021: €6klowest in 5 years
2022: €10k▲ +63.9% vs 2021
2023: €101k▲ +940% vs 2022
2024: €265k▲ +162% vs 2023
2025: €362k▲ +36.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757k
Fixed assets
€312k ▲ 33.4%
Current assets
€445k ▲ 8.5%
Equity and liabilities €757k
Equity
€113k ▼ 60.1%
Debt
€644k ▲ 78.4%
Debt's share of the balance-sheet total rises from 56.1% to 85.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€529k▲
2024 · €418k
Cash flow
€398k▲
2024 · €316k
Current ratio
0.77▼
2024 · 1.29
Quick ratio
0.75▼
2024 · 1.22
Debt to equity
5.70▲
2024 · 1.28
ROE
320.4%▲
2024 · 93.7%
ROA
47.8%▲
2024 · 41.2%
Interest coverage
38.85▲
2024 · 33.03
Debt ≤ 1 year
€574k▲
2024 · €317k
Debt > 1 year
€69k▲
2024 · €43k
Income taxes
€112k▲
2024 · €86k
Staff costs
€779k▼
2024 · €846k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€644k€757k▲
Fixed assets21/28€234k€312k▲
Tangible fixed assets22/27€231k€308k▲
Land and buildings22€13k€9k▼
Plant, machinery and equipment23€72k€77k▲
Furniture and vehicles24€32k€28k▼
Other tangible fixed assets26€113k€194k▲
Financial fixed assets28€3k€5k▲
Current assets29/58€410k€445k▲
Stocks and contracts in progress3€22k€15k▼
Stocks30/36€22k€15k▼
Amounts receivable within one year40/41€4k€68k▲
Trade receivables40€4k€49k▲
Other amounts receivable41€736€18k▲
Cash at bank and in hand54/58€374k€350k▼
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€644k€757k▲
Equity10/15€283k€113k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€282k€112k▼
Amounts payable17/49€361k€644k▲
Amounts payable after more than one year17€43k€69k▲
Financial debts170/4€43k€69k▲
Amounts payable within one year42/48€317k€574k▲
Current portion of amounts payable after more than one year42€17k€40k▲
Trade debts44€139k€140k▲
Suppliers440/4€139k€140k▲
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€128k€101k▼
Taxes450/3€30k€23k▼
Remuneration and social security454/9€97k€78k▼
Other amounts payable47/48€29k€293k▲
Income statement
Code20242025
Non-recurring operating income76A-€56k
Remuneration, social security and pensions62€846k€779k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€36k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€1.27M€1.31M▲
Operating profit (loss)9901€367k€493k▲
Financial income75/76B€2€353▲
Recurring financial income75€2€353▲
Financial charges65/66B€15k€19k▲
Recurring financial charges65€13k€14k▲
Non-recurring financial charges66B€3k€6k▲
Profit (loss) for the period before taxes9903€352k€474k▲
Income taxes67/77€86k€112k▲
Profit (loss) for the period9904€265k€362k▲
Profit (loss) for the period to be appropriated9905€265k€362k▲
Appropriation of the result
Profit (loss) to be appropriated9906€382k€644k▲
Profit (loss) brought forward from the previous period14P€117k€282k▲
Profit to be distributed694/7€100k€532k▲
Return on contributions (dividend)694€100k€532k▲
The notes to these accounts (10 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €56k | - |
| Remuneration, social security and pensions62 | - | - | €520k | €846k | €779k | ▼ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1k | €31k | €51k | €36k | ▼ 29.1% |
| Other operating charges640/8 | - | €359 | €3k | €3k | €5k | ▲ 59.9% |
| Gross operating margin9900 | €7k | €14k | €690k | €1.27M | €1.31M | ▲ 3.6% |
| Operating profit (loss)9901 | €7k | €13k | €136k | €367k | €493k | ▲ 34.5% |
| Financial income75/76B | - | - | €90 | €2 | €353 | ▲ 19,189% |
| Recurring financial income75 | - | - | €90 | €2 | €353 | ▲ 19,189% |
| Financial charges65/66B | - | €186 | €4k | €15k | €19k | ▲ 28.1% |
| Recurring financial charges65 | - | €186 | €4k | €13k | €14k | ▲ 7.7% |
| Non-recurring financial charges66B | - | - | - | €3k | €6k | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €7k | €12k | €131k | €352k | €474k | ▲ 34.9% |
| Income taxes67/77 | €1k | €3k | €30k | €86k | €112k | ▲ 29.8% |
| Profit (loss) for the period9904 | €6k | €10k | €101k | €265k | €362k | ▲ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €6k | €10k | €101k | €265k | €362k | ▲ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €31k | €394k | €644k | €757k | ▲ 17.5% |
| Fixed assets21/28 | - | €11k | €160k | €234k | €312k | ▲ 33.4% |
| Tangible fixed assets22/27 | - | €11k | €160k | €231k | €308k | ▲ 33.4% |
| Land and buildings22 | - | - | €17k | €13k | €9k | ▼ 27.1% |
| Plant, machinery and equipment23 | - | - | €50k | €72k | €77k | ▲ 5.8% |
| Furniture and vehicles24 | - | €11k | €23k | €32k | €28k | ▼ 13.3% |
| Other tangible fixed assets26 | - | - | €69k | €113k | €194k | ▲ 71.2% |
| Financial fixed assets28 | - | - | - | €3k | €5k | ▲ 36.4% |
| Current assets29/58 | €13k | €20k | €234k | €410k | €445k | ▲ 8.5% |
| Stocks and contracts in progress3 | - | - | €17k | €22k | €15k | ▼ 31.8% |
| Stocks30/36 | - | - | €17k | €22k | €15k | ▼ 31.8% |
| Amounts receivable within one year40/41 | €12k | €12k | €20k | €4k | €68k | ▲ 1,420% |
| Trade receivables40 | €12k | €12k | €16k | €4k | €49k | ▲ 1,230% |
| Other amounts receivable41 | - | - | €4k | €736 | €18k | ▲ 2,377% |
| Current investments50/53 | - | - | €100k | - | - | - |
| Cash at bank and in hand54/58 | €1k | €7k | €96k | €374k | €350k | ▼ 6.5% |
| Deferred charges and accrued income490/1 | - | €949 | €2k | €10k | €12k | ▲ 30.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €31k | €394k | €644k | €757k | ▲ 17.5% |
| Equity10/15 | €7k | €17k | €118k | €283k | €113k | ▼ 60.1% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €6k | €16k | €117k | €282k | €112k | ▼ 60.3% |
| Amounts payable17/49 | €6k | €15k | €276k | €361k | €644k | ▲ 78.4% |
| Amounts payable after more than one year17 | - | - | €69k | €43k | €69k | ▲ 59.9% |
| Financial debts170/4 | - | - | €69k | €43k | €69k | ▲ 59.9% |
| Amounts payable within one year42/48 | €6k | €15k | €207k | €317k | €574k | ▲ 80.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17k | €40k | ▲ 138% |
| Trade debts44 | €2k | €4k | €127k | €139k | €140k | ▲ 0.8% |
| Suppliers440/4 | €2k | €4k | €127k | €139k | €140k | ▲ 0.8% |
| Advances received on contracts in progress46 | - | - | - | €4k | - | - |
| Taxes, remuneration and social security45 | €3k | €5k | €65k | €128k | €101k | ▼ 21.0% |
| Taxes450/3 | €3k | €5k | €9k | €30k | €23k | ▼ 25.5% |
| Remuneration and social security454/9 | - | - | €56k | €97k | €78k | ▼ 19.6% |
| Other amounts payable47/48 | €1k | €6k | €15k | €29k | €293k | ▲ 907% |
| Accrued charges and deferred income492/3 | - | - | €839 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €10k | €101k | €265k | €362k | ▲ 36.5% |
| + Depreciation and write-downs630 | - | €1k | €31k | €51k | €36k | ▼ 29.1% |
| Operating cash flow (approximation) | €6k | €11k | €132k | €316k | €398k | ▲ 25.9% |
| Investment in fixed assets (approximation) | - | - | €-180k | €-125k | €-115k | ▲ 8.6% |
| Change in cash | - | €6k | €89k | €278k | €-24k | ▼ 109% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2021net €362k ▲36.5%
Operating result €493k, net result €362k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €283k ▲140%
4 profitable years in a row build equity to €283k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €118k ▲607%
3 profitable years in a row build equity to €118k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Malle · 2 establishment units since 2022
Ground area
779 m²
Building footprint
533 m²
Volume, LiDAR
2,999 m³
2 parcels, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Sushiking Westmalle
since 20222.335.370.515
Sushiking Eisden
since 20252.374.721.534
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049A0336/00A002 | Flanders | 402 m² | 1 · 184 m² | 11.5 m · 2 fl. |
| 73013D0816/00A000 | Flanders | 377 m² | 1 · 349 m² | 11.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMaasmechelen2.374.721.534
Malle2.335.370.515
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,644 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
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
Scores and ratios are computed by Checked and are not a credit decision.