Skip to content

AKAL GROUP

Active
Private limited companyfounded 20215 yrs activeFruithoflaan 105, 2600 Antwerpen, BelgiumKBO/BCE: BE 0770.793.969

AKAL GROUP has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107k and a net result of €36k. Equity is growing by ~54.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-11
Solvency74▼-12
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.92 against 2.38 in 2023; short-term debt: 51.2% and cash: 7.3% of total assets), but 51.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 08-12-2025, 130 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
130 d late
2023
137 d late
2022
112 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€107k▲ 51.0%
2023 · €71k
2022: €30k 2023: €71k
2022 → 2024
Total assets
€219k▲ 89.4%
2023 · €116k
2022: €135k 2023: €116k
2022 → 2024
Net result
€36k▼ 10.7%
2023 · €40k
2022: €44k 2023: €40k
2022 → 2024
Working capital
€103k▲ 65.8%
2023 · €62k
2022: €15k 2023: €62k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€30k-€71k▲ 133%€107k▲ 51.0%
Operating result€53k-€52k▼ 1.9%€42k▼ 19.3%
Net result€44k-€40k▼ 8.7%€36k▼ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2022: €53k€53kNet result 2022: €44k€44kOperating result 2023: €52k€52kNet result 2023: €40k€40kOperating result 2024: €42k€42kNet result 2024: €36k€36k202220232024
The operating result has fallen two years in a row; 2024 is 19% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219k
Fixed assets €4k▼ 52.2%
Current assets €215k▲ 101%
Equity and liabilities €219k
Equity €107k▲ 51.0%
Debt €112k▲ 150%
The debt ratio rises from 38.7% to 51.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€49k
2023 · €58k
Cash flow
€43k
2023 · €47k
Solvency
48.8%
2023 · 61.3%
Current ratio
1.92
2023 · 2.38
Quick ratio
1.92
2023 · 2.38
Debt / equity
1.05
2023 · 0.63
ROE
33.8%
2023 · 57.2%
ROA
16.5%
2023 · 35.0%
Interest coverage
148.12
2023 · 83.72
Debt
€112k
2023 · €45k
Debt ≤ 1 year
€112k
2023 · €45k
Income taxes
€12k
2023 · €14k
Staff costs
€300
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€116k€219k
Formation expenses20€517€311
Fixed assets21/28€8k€4k
Tangible fixed assets22/27€8k€4k
Furniture and vehicles24€8k€4k
Current assets29/58€107k€215k
Amounts receivable within one year40/41€103k€199k
Trade receivables40€22k€56k
Other amounts receivable41€81k€143k
Cash at bank and in hand54/58€4k€16k
Equity and liabilities
Total equity and liabilities10/49€116k€219k
Equity10/15€71k€107k
Contributions10/11€1k€1k=
Profit (loss) carried forward14€70k€106k
Amounts payable17/49€45k€112k
Amounts payable within one year42/48€45k€112k
Trade debts44€3k€6k
Suppliers440/4€3k€6k
Advances received on contracts in progress46-€60k
Taxes, remuneration and social security45€42k€46k
Taxes450/3€42k€46k
Income statement Code20232024
Remuneration, social security and pensions62-€300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k
Other operating charges640/8€700€4k
Gross operating margin9900€59k€53k
Operating profit (loss)9901€52k€42k
Financial income75/76B€3k€7k
Recurring financial income75€3k€7k
Financial charges65/66B€697€330
Recurring financial charges65€697€330
Profit (loss) for the period before taxes9903€54k€49k
Income taxes67/77€14k€12k
Profit (loss) for the period9904€40k€36k
Profit (loss) for the period to be appropriated9905€40k€36k
Appropriation of the result
Profit (loss) to be appropriated9906€70k€106k
Profit (loss) brought forward from the previous period14P€29k€70k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
08-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 130 days late
2024
31-12
Financial Weakest financial yearnet €36k ▼10.7%
Net result drops to €36k, the lowest in the series.
31-12
Financial Equity above €100kEq €107k ▲51%
3 profitable years in a row build equity to €107k.
15-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 137 days late
2023
31-12
Financial Liquidity doublescurrent ratio 2.38
Current ratio from 1.15 to 2.38; short-term debt falls from €105k to €45k.
20-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 112 days late
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, Antwerpen · 2 establishment units since 2021
establishment All 2 establishment units on the map
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.

Fruithoflaan 1052600 Antwerpen
Ground area
4,525 m²
Building footprint
577 m²
Volume, LiDAR
18,103 m³
2 parcels, Flanders · tallest building 43.4 m, ±13 floors. Linked by address, not a title deed.
2 establishment units
AKAL GROUP
Fruithoflaan 105, 2600 AntwerpenManufacture of fabricated metal products, except machinery and equipment
since 20212.319.516.953
LOUBI BEAUTY
Mechelsesteenweg 95, 2018 AntwerpenRetail sale of cosmetics and toilet articles
since 20262.387.767.935
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0341/02E000 Flanders 4,416 m² 1 · 425 m² 43.4 m · 13 fl.
11806F1424/00P000 Flanders 109 m² 1 · 152 m² 17.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 16,878 companies in sector 62100 we hold annual accounts for 8,776. 6,960 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
47750Retail sale of cosmetics and toilet articles
62020IT consultancy
62200Computer consultancy and computer facilities management
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.