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AK-TECH

Active
Private limited company (pre-2019)founded 2018active for 8 yearsBoomgaardstraat 39, 9300 Aalst, BelgiumKBO/BCE: BE 0698.754.148

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00507640.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 7 filings

Equity
-€80,029▼ 47.6%
2024 · -€54,234
Total assets
€47,614▲ 171%
2024 · €17,558
Net result
-€25,795▲ 39.8%
2024 · -€42,876
Working capital
-€103,588▼ 93.8%
2024 · -€53,440
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a loss of €25,141, smaller than the loss of €41,853 in 2024.

Operating result-€25,141 2025 Net result-€25,795 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€18,011-€1,943▼ 89.2%€1,113▼ 42.7%€25,931▲ 23×€33,157▲ 27.9%-€41,853-€25,141▲ 39.9%
Net result€13,037-€249below the sector's middle half▼ 98.1%€686below the sector's middle half▲ 176%-€21,553below the sector's middle half-€9,976below the sector's middle half▲ 53.7%-€42,876below the sector's middle half▼ 330%-€25,795below the sector's middle half▲ 39.8%
Equity€19,237-€19,485below the sector's middle half▲ 1.3%€20,171below the sector's middle half▲ 3.5%-€1,381below the sector's middle half-€11,358below the sector's middle half▼ 722%-€54,234below the sector's middle half▼ 378%-€80,029below the sector's middle half▼ 47.6%
Total assets€161,675-€162,524within the sector's middle half▲ 0.5%€135,455within the sector's middle half▼ 16.7%€111,142within the sector's middle half▼ 17.9%€93,961within the sector's middle half▼ 15.5%€17,558below the sector's middle half▼ 81.3%€47,614below the sector's middle half▲ 171%
Debt€142,438-€143,039▲ 0.4%€115,283▼ 19.4%€112,523▼ 2.4%€105,318▼ 6.4%€71,791▼ 31.8%€127,643▲ 77.8%
Working capital€27,294-€43,637within the sector's middle half▲ 59.9%€39,995within the sector's middle half▼ 8.3%€10,572below the sector's middle half▼ 73.6%-€5,745below the sector's middle half-€53,440below the sector's middle half▼ 830%-€103,588below the sector's middle half▼ 93.8%
Solvency11.9%-12.0%below the sector's middle half▲ 0.1pp14.9%below the sector's middle half▲ 2.9pp-1.2%below the sector's middle half▼ 16.1pp-12.1%below the sector's middle half▼ 10.8pp-308.9%below the sector's middle half▼ 296.8pp-168.1%below the sector's middle half▲ 140.8pp
Current ratio1.88-2.11within the sector's middle half▲ 0.232.08within the sector's middle half▼ 0.031.18below the sector's middle half▼ 0.900.92below the sector's middle half▼ 0.250.12below the sector's middle half▼ 0.800.19below the sector's middle half▲ 0.07
Return on assets (ROA)8.1%-0.2%below the sector's middle half▼ 7.9pp0.5%below the sector's middle half▲ 0.4pp-19.4%below the sector's middle half▼ 19.9pp-10.6%below the sector's middle half▲ 8.8pp-244.2%below the sector's middle half▼ 233.6pp-54.2%below the sector's middle half▲ 190.0pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,614
Fixed assets €23,559 ▲ 131%
Current assets €24,055 ▲ 227%
Equity and liabilities
Equity-€80,029
Debt€127,643
Equity is negative. Debt (€127,643) exceeds the balance-sheet total (€47,614).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€14,893▲
2024 · -€25,298
Cash flow
-€15,548▲
2024 · -€26,321
Interest coverage
-30.19▲
2024 · -30.70
Debt ≤ 1 year
€127,643▲
2024 · €60,791
Debt > 1 year
€0▼
2024 · €11,001
Income taxes
€161▼
2024 · €199
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as AK-TECH: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €35,000 and €64,100, founded between 2015 and 2020.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
AK-TECH Aalst2018€47,614-€80,029-€13,975-€25,7952025
JIMTELEC Heuvelland2019€44,809€33,385-€1,641-€2,3332025
Vital Signs Waregem2019€47,678€38,030-€37,603-€55,8392025
Lambda Solutions Gent2015€64,128€53,429-€17,007-€20,0802025
Sixtytwo Design Sint-Pieters-Woluwe2020€45,954€18,365-€15,262-€18,1722025
Bligis Pelt2020€41,862€35,012-€64,263-€77,9642025
HINDIX Namur2018€34,966-€316,951-€98,796-€100,9692025

They were chosen from the 1,787 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,007 companies had the same profile as AK-TECH has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of AK-TECH itself is lower: 0.7% within 12 months. It rests on far more data about AK-TECH than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,007 companies, not a prediction for AK-TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€17,558€47,614▲
Fixed assets21/28€10,207€23,559▲
Intangible fixed assets21€7,762€0▼
Tangible fixed assets22/27€2,445€23,559▲
Furniture and vehicles24€2,445€23,559▲
Current assets29/58€7,351€24,055▲
Amounts receivable within one year40/41€1,009€12,415▲
Trade receivables40-€12,415
Other amounts receivable41€1,009€0▼
Cash at bank and in hand54/58€5,429€10,812▲
Deferred charges and accrued income490/1€913€828▼
Equity and liabilities
Total equity and liabilities10/49€17,558€47,614▲
Equity10/15-€54,234-€80,029▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€60,434-€86,229▼
Amounts payable17/49€71,791€127,643▲
Amounts payable after more than one year17€11,001€0▼
Financial debts170/4€11,001€0▼
Amounts payable within one year42/48€60,791€127,643▲
Current portion of amounts payable after more than one year42€20,267€12,566▼
Trade debts44€2,568€2,000▼
Suppliers440/4€2,568€2,000▼
Taxes, remuneration and social security45€407€4,468▲
Taxes450/3€407€4,468▲
Other amounts payable47/48€37,549€108,609▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,555€10,248▼
Other operating charges640/8€1,232€919▼
Gross operating margin9900-€24,066-€13,975▲
Operating profit (loss)9901-€41,853-€25,141▲
Financial charges65/66B€824€493▼
Recurring financial charges65€824€493▼
Profit (loss) for the period before taxes9903-€42,677-€25,634▲
Income taxes67/77€199€161▼
Profit (loss) for the period9904-€42,876-€25,795▲
Profit (loss) for the period to be appropriated9905-€42,876-€25,795▲
Appropriation of the result
Profit (loss) to be appropriated9906-€60,434-€86,229▼
Profit (loss) brought forward from the previous period14P-€17,558-€60,434▼

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2019202020212022202320242025Change
Non-recurring operating income76A--€6,271-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,072€24,499€18,412€18,031€16,840€16,555€10,248▼ 38.1%
Other operating charges640/8--€1,216€1,244€1,100€1,232€919▼ 25.5%
Gross operating margin9900€57,122€28,418€20,741€45,207€51,097-€24,066-€13,975▲ 41.9%
Operating profit (loss)9901€18,011€1,943€1,113€25,931€33,157-€41,853-€25,141▲ 39.9%
Financial income75/76B--€1,334€0----
Recurring financial income75€653€1,714€1,334€0----
Financial charges65/66B--€1,576€47,262€42,925€824€493▼ 40.1%
Recurring financial charges65€1,096€1,751€1,576€47,262€42,925€824€493▼ 40.1%
Profit (loss) for the period before taxes9903€17,568€1,906€871-€21,331-€9,768-€42,677-€25,634▲ 39.9%
Income taxes67/77€4,531€1,657€185€222€208€199€161▼ 18.9%
Profit (loss) for the period9904€13,037€249€686-€21,553-€9,976-€42,876-€25,795▲ 39.8%
Profit (loss) for the period to be appropriated9905€13,037€249€686-€21,553-€9,976-€42,876-€25,795▲ 39.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€161,675€162,524€135,455€111,142€93,961€17,558€47,614▲ 171%
Fixed assets21/28€103,422€79,587€58,314€40,282€24,076€10,207€23,559▲ 131%
Intangible fixed assets21€86,357€70,638€54,919€39,200€23,481€7,762€0▼ 100%
Tangible fixed assets22/27€17,065€8,949€3,395€1,082€595€2,445€23,559▲ 864%
Furniture and vehicles24--€3,395€1,082€595€2,445€23,559▲ 864%
Current assets29/58€58,253€82,937€77,141€70,859€69,884€7,351€24,055▲ 227%
Amounts receivable within one year40/41€26,500€42,430€36,944-€12,778€1,009€12,415▲ 12×
Trade receivables40--€13,721-€12,778-€12,415-
Other amounts receivable41--€23,222--€1,009€0▼ 100%
Cash at bank and in hand54/58€31,016€39,746€39,367€70,561€55,966€5,429€10,812▲ 99.1%
Deferred charges and accrued income490/1--€831€298€1,141€913€828▼ 9.2%
Equity and liabilities
Total equity and liabilities10/49€161,675€162,524€135,455€111,142€93,961€17,558€47,614▲ 171%
Equity10/15€19,237€19,485€20,171-€1,381-€11,358-€54,234-€80,029▼ 47.6%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14€13,037€13,285€13,971-€7,581-€17,558-€60,434-€86,229▼ 42.7%
Amounts payable17/49€142,438€143,039€115,283€112,523€105,318€71,791€127,643▲ 77.8%
Amounts payable after more than one year17€111,479€103,738€78,138€52,236€29,689€11,001€0▼ 100%
Financial debts170/4--€78,138€52,236€29,689€11,001€0▼ 100%
Amounts payable within one year42/48€30,959€39,301€37,146€60,288€75,629€60,791€127,643▲ 110%
Current portion of amounts payable after more than one year42--€27,703€27,482€24,125€20,267€12,566▼ 38.0%
Trade debts44€804€392€2,517€11,001€3,714€2,568€2,000▼ 22.1%
Suppliers440/4--€2,517€11,001€3,714€2,568€2,000▼ 22.1%
Taxes, remuneration and social security45--€6,925€6,648€7,508€407€4,468▲ 997%
Taxes450/3--€6,925€6,648€7,508€407€4,468▲ 997%
Other amounts payable47/48---€15,157€40,282€37,549€108,609▲ 189%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€13,037€249€686-€21,553-€9,976-€42,876-€25,795▲ 39.8%
+ Depreciation and write-downs630€37,072€24,499€18,412€18,031€16,840€16,555€10,248▼ 38.1%
Operating cash flow (approximation)€50,109€24,748€19,098-€3,521€6,864-€26,321-€15,548▲ 40.9%
Investment in fixed assets (approximation)--€664€2,861€0-€634-€2,686-€23,600▼ 779%
Change in cash-€8,730-€380€31,194-€14,595-€50,537€5,383-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00507640 NBB
31-12-2024 micro format 31-08-2025 2025-00482874 PDF
31-12-2023 micro format 30-08-2024 2024-00450470 PDF
31-12-2022 micro format 31-08-2023 2023-00424580 PDF
31-12-2021 micro format 31-08-2022 2022-20371991 PDF
31-12-2020 micro format 31-08-2021 2021-63200449 PDF
31-12-2019 micro format 30-07-2020 2020-38500270 PDF

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