AKANTHA
ActiveSummary
AKANTHA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €57k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency34▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
9%
Return on assets
145.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
12 d late
2023
26 d late
2022
on the day
2021
123 d early
2020
125 d early
2019
17 d late
← 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
€4k▲ 36.2%
2024 · €3k
2018: €9k
2019: €19k▲ +110% vs 2018highest in 8 years
2020: €11k▼ -44.0% vs 2019
2021: €3k▼ -75.9% vs 2020lowest in 8 years
2022: €3k● 0.0% vs 2021lowest in 8 years
2023: €3k● 0.0% vs 2022lowest in 8 years
2024: €3k● 0.0% vs 2023lowest in 8 years
2025: €4k▲ +36.2% vs 2024
2018 → 2025
Total assets
€39k▼ 25.1%
2024 · €52k
2018: €31klowest in 8 years
2019: €56k▲ +81.6% vs 2018
2020: €84k▲ +50.1% vs 2019
2021: €64k▼ -23.9% vs 2020
2022: €92k▲ +44.6% vs 2021highest in 8 years
2023: €75k▼ -18.4% vs 2022
2024: €52k▼ -30.7% vs 2023
2025: €39k▼ -25.1% vs 2024
2018 → 2025
Net result
€57k▲ 130%
2024 · €25k
2018: €11k
2019: €17k▲ +51.9% vs 2018
2020: €-8k▼ -151% vs 2019lowest in 8 years
2021: €32k▲ +476% vs 2020
2022: €44k▲ +37.7% vs 2021
2023: €47k▲ +6.4% vs 2022
2024: €25k▼ -47.0% vs 2023
2025: €57k▲ +130% vs 2024highest in 8 years
2018 → 2025
Working capital
€-10k▲ 8.8%
2024 · €-11k
2018: €9k
2019: €17k▲ +80.8% vs 2018
2020: €29k▲ +74.0% vs 2019highest in 8 years
2021: €16k▼ -44.2% vs 2020
2022: €8k▼ -49.1% vs 2021
2023: €-6k▼ -177% vs 2022
2024: €-11k▼ -79.2% vs 2023lowest in 8 years
2025: €-10k▲ +8.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€3k=€3k=€3k=€4k▲ 36.2%
2021: €3klowest in 5 years
2022: €3k● 0.0% vs 2021lowest in 5 years
2023: €3k● 0.0% vs 2022lowest in 5 years
2024: €3k● 0.0% vs 2023lowest in 5 years
2025: €4k▲ +36.2% vs 2024highest in 5 years
Operating result€43k-€60k▲ 38.3%€49k▼ 18.4%€37k▼ 24.3%€71k▲ 91.0%
2021: €43k
2022: €60k▲ +38.3% vs 2021
2023: €49k▼ -18.4% vs 2022
2024: €37k▼ -24.3% vs 2023lowest in 5 years
2025: €71k▲ +91.0% vs 2024highest in 5 years
Net result€32k-€44k▲ 37.7%€47k▲ 6.4%€25k▼ 47.0%€57k▲ 130%
2021: €32k
2022: €44k▲ +37.7% vs 2021
2023: €47k▲ +6.4% vs 2022
2024: €25k▼ -47.0% vs 2023lowest in 5 years
2025: €57k▲ +130% 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 recovers in 2025; 2025 is 91% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€14k ▼ 0.4%
Current assets
€25k ▼ 34.1%
Equity and liabilities €39k
Equity
€4k ▲ 36.2%
Debt
€36k ▼ 28.3%
Debt's share of the balance-sheet total falls from 95.0% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €39k
Cash flow
€59k▲
2024 · €27k
Current ratio
0.71▼
2024 · 0.77
Debt to equity
10.06▼
2024 · 19.10
ROA
145.5%▲
2024 · 47.3%
Interest coverage
156.72▲
2024 · 80.13
Debt ≤ 1 year
€36k▼
2024 · €50k
Income taxes
€15k▲
2024 · €13k
A ratio outside any meaningful range has been withheld (balance sheet total €39k, equity €4k).
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€52k€39k▼
Fixed assets21/28€14k€14k▼
Tangible fixed assets22/27€8k€8k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€6k€6k=
Current assets29/58€38k€25k▼
Amounts receivable within one year40/41€22k€9k▼
Trade receivables40€5k€5k▲
Other amounts receivable41€17k€3k▼
Cash at bank and in hand54/58€13k€13k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€52k€39k▼
Equity10/15€3k€4k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€0€940▲
Amounts payable17/49€50k€36k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€50k€36k▼
Current portion of amounts payable after more than one year42€6k€0▼
Financial debts43€228€9k▲
Credit institutions430/8€228€9k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€23k€21k▼
Taxes450/3€23k€21k▼
Other amounts payable47/48€18k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€628€968▲
Gross operating margin9900€40k€74k▲
Operating profit (loss)9901€37k€71k▲
Financial income75/76B€815€2k▲
Recurring financial income75€815€2k▲
Financial charges65/66B€489€467▼
Recurring financial charges65€489€467▼
Profit (loss) for the period before taxes9903€37k€72k▲
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€25k€57k▲
Profit (loss) for the period to be appropriated9905€25k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€57k▲
Profit to be distributed694/7€25k€56k▲
Return on contributions (dividend)694€25k€56k▲
The notes to these accounts (12 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €7k | €2k | €2k | €2k | ▲ 15.8% |
| Other operating charges640/8 | - | €617 | €448 | €628 | €968 | ▲ 54.0% |
| Gross operating margin9900 | €55k | €67k | €51k | €40k | €74k | ▲ 86.4% |
| Operating profit (loss)9901 | €43k | €60k | €49k | €37k | €71k | ▲ 91.0% |
| Financial income75/76B | - | €568 | €13k | €815 | €2k | ▲ 103% |
| Recurring financial income75 | €517 | €568 | €13k | €815 | €2k | ▲ 103% |
| Financial charges65/66B | - | €801 | €522 | €489 | €467 | ▼ 4.4% |
| Recurring financial charges65 | €957 | €801 | €522 | €489 | €467 | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | €43k | €60k | €62k | €37k | €72k | ▲ 92.6% |
| Income taxes67/77 | €11k | €16k | €15k | €13k | €15k | ▲ 18.7% |
| Profit (loss) for the period9904 | €32k | €44k | €47k | €25k | €57k | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €32k | €44k | €47k | €25k | €57k | ▲ 130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64k | €92k | €75k | €52k | €39k | ▼ 25.1% |
| Fixed assets21/28 | €7k | €8k | €15k | €14k | €14k | ▼ 0.4% |
| Tangible fixed assets22/27 | €7k | €1k | €9k | €8k | €8k | ▼ 0.8% |
| Plant, machinery and equipment23 | - | €1k | €5k | €4k | €5k | ▲ 29.5% |
| Furniture and vehicles24 | - | €224 | €4k | €4k | €3k | ▼ 30.7% |
| Financial fixed assets28 | - | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €57k | €85k | €60k | €38k | €25k | ▼ 34.1% |
| Amounts receivable after more than one year29 | - | €0 | - | - | - | - |
| Trade receivables290 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €4k | €32k | €28k | €22k | €9k | ▼ 62.0% |
| Trade receivables40 | - | €31k | €24k | €5k | €5k | ▲ 2.5% |
| Other amounts receivable41 | - | €200 | €5k | €17k | €3k | ▼ 80.5% |
| Cash at bank and in hand54/58 | €8k | €49k | €16k | €13k | €13k | ▲ 3.2% |
| Deferred charges and accrued income490/1 | - | €4k | €17k | €3k | €4k | ▲ 13.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64k | €92k | €75k | €52k | €39k | ▼ 25.1% |
| Equity10/15 | €3k | €3k | €3k | €3k | €4k | ▲ 36.2% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €940 | - |
| Amounts payable17/49 | €61k | €90k | €73k | €50k | €36k | ▼ 28.3% |
| Amounts payable after more than one year17 | €20k | €13k | €6k | €0 | - | - |
| Financial debts170/4 | - | €13k | €6k | €0 | - | - |
| Amounts payable within one year42/48 | €41k | €77k | €67k | €50k | €36k | ▼ 28.3% |
| Current portion of amounts payable after more than one year42 | - | €7k | €7k | €6k | €0 | ▼ 100% |
| Financial debts43 | - | €1k | €343 | €228 | €9k | ▲ 3,980% |
| Credit institutions430/8 | - | €1k | €343 | €228 | €9k | ▲ 3,980% |
| Trade debts44 | €1k | €508 | €3k | €2k | €2k | ▲ 3.0% |
| Suppliers440/4 | - | €508 | €3k | €2k | €2k | ▲ 3.0% |
| Taxes, remuneration and social security45 | - | €47k | €28k | €23k | €21k | ▼ 10.3% |
| Taxes450/3 | - | €45k | €28k | €23k | €21k | ▼ 10.3% |
| Remuneration and social security454/9 | - | €2k | €0 | - | - | - |
| Other amounts payable47/48 | - | €21k | €27k | €18k | €3k | ▼ 82.8% |
| Accrued charges and deferred income492/3 | - | €16 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €44k | €47k | €25k | €57k | ▲ 130% |
| + Depreciation and write-downs630 | €10k | €7k | €2k | €2k | €2k | ▲ 15.8% |
| Operating cash flow (approximation) | €42k | €50k | €48k | €27k | €59k | ▲ 121% |
| Investment in fixed assets (approximation) | - | €-8k | €-9k | €-1k | €-2k | ▼ 131% |
| Change in cash | - | €41k | €-34k | €-3k | €398 | ▲ 114% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Highest result since 2018net €57k ▲130%
Operating result €71k, net result €57k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Sint-Pieters-Woluwe · 1 establishment unit since 2015
Ground area
2,170 m²
Building footprint
758 m²
Volume, LiDAR
10,042 m³
Parcel 21682C0149/00M002, Brussels · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
82
companies at this address
See who is registered here
1 establishment unit
AKANTHA
since 20152.249.798.303
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0149/00M002 | Brussels | 2,170 m² | 1 · 758 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 12,528 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
Founded30-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.