AK SOLAR
ActiveThe computed 12-month bankruptcy probability of AK SOLAR is 2.1% (moderate). The 2025 annual accounts show equity of €78k and a net result of €759. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+53
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.82 against 3.79 in 2024; short-term debt: 17% and cash: 0% of total assets), and 17% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 43
higher
← 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
83%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
59 d early
2024
61 d late
2023
111 d late
2022
129 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 1.0%
2024 · €77k
2022: €26k
2023: €79k
2024: €77k
2022 → 2025
Total assets
€94k▼ 8.3%
2024 · €103k
2022: €43k
2023: €114k
2024: €103k
2022 → 2025
Net result
€759
2024 · €-2k
2022: €24k
2023: €53k
2024: €-2k
2022 → 2025
Working capital
€77k▲ 9.2%
2024 · €71k
2022: €18k
2023: €58k
2024: €71k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€26k-€79k▲ 207%€77k▼ 2.2%€78k▲ 1.0%
Operating result€31k-€66k▲ 116%€-6k€-3k▲ 48.3%
Net result€24k-€53k▲ 125%€-2k€759
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€1k▼ 84.9%
Current assets
€93k▼ 2.9%
Equity and liabilities €94k
Equity
€78k▲ 1.0%
Debt
€16k▼ 36.7%
The debt ratio falls from 24.6% to 17.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▲
2024 · €-567
Cash flow
€6k▲
2024 · €4k
Solvency
83.0%▲
2024 · 75.4%
Current ratio
5.82▲
2024 · 3.79
Quick ratio
5.82▲
2024 · 3.79
Debt / equity
0.20▼
2024 · 0.33
ROE
1.0%▲
2024 · -2.2%
ROA
0.8%▲
2024 · -1.7%
Interest coverage
12.26▲
2024 · -1.00
Debt
€16k▼
2024 · €25k
Debt ≤ 1 year
€16k▼
2024 · €25k
Income taxes
€598
Staff costs
€318
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€103k€94k▼
Fixed assets21/28€7k€1k▼
Tangible fixed assets22/27€7k€1k▼
Furniture and vehicles24€7k€1k▼
Current assets29/58€96k€93k▼
Amounts receivable within one year40/41€93k€93k▲
Trade receivables40-€4k
Other amounts receivable41€93k€90k▼
Cash at bank and in hand54/58€3k€25▼
Equity and liabilities
Total equity and liabilities10/49€103k€94k▼
Equity10/15€77k€78k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€75k€76k▲
Amounts payable17/49€25k€16k▼
Amounts payable within one year42/48€25k€16k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€13k€7k▼
Remuneration and social security454/9€2k-
Income statement
Code20242025
Remuneration, social security and pensions62-€318
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€7k€2k▼
Gross operating margin9900€7k€5k▼
Operating profit (loss)9901€-6k€-3k▲
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€569€202▼
Recurring financial charges65€569€202▼
Profit (loss) for the period before taxes9903€-2k€1k▲
Income taxes67/77-€598
Profit (loss) for the period9904€-2k€759▲
Profit (loss) for the period to be appropriated9905€-2k€759▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€76k▲
Profit (loss) brought forward from the previous period14P€77k€75k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €759
Net result €759 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼103%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
19-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
2023
31-12
Financial
Highest result since 2022net €53k ▲125%
Operating result €66k, net result €53k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Toekomststraat 481800 VilvoordeGround area
78 m²
Building footprint
78 m²
Volume, LiDAR
696 m³
Parcel 23642D0716/00H002, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AK Bouwgroep
since 20222.330.242.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0716/00H002 | Flanders | 78 m² | 1 · 78 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Grosjelec
BE 0802.662.726
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TOM BOMANS
BE 0758.924.832
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ATIS ELEKTROTECHNIK
BE 0784.207.386
Kelmis · Eq €78k
Kelvin & Watts Engineering
BE 0467.151.703
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A.A. BATI ELEC
BE 0869.790.189
Schaarbeek · Eq €78k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
41001General construction of residential buildings
43221Plumbing work
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.