AKB
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 79% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €7,500 | - | - | - |
| Financial fixed assets | - | €50 | - | - |
| Depreciation and write-downs of the year | €1,500 | €1,500 | €1,500 | €1,500 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Other operating charges640/8 | - | - | - | €146 | - |
| Gross operating margin9900 | -€8,372 | -€4,436 | €9,347 | €3,266 | ▼ 65.1% |
| Operating profit (loss)9901 | -€9,872 | -€5,936 | €7,847 | €1,620 | ▼ 79.4% |
| Financial income75/76B | - | - | - | €205 | - |
| Recurring financial income75 | - | - | - | €205 | - |
| Financial charges65/66B | €61 | €298 | €226 | €550 | ▲ 144% |
| Recurring financial charges65 | €61 | €298 | €226 | €550 | ▲ 144% |
| Profit (loss) for the period before taxes9903 | -€9,933 | -€6,234 | €7,622 | €1,274 | ▼ 83.3% |
| Profit (loss) for the period9904 | -€9,933 | -€6,234 | €7,622 | €1,274 | ▼ 83.3% |
| Profit (loss) for the period to be appropriated9905 | -€9,933 | -€6,234 | €7,622 | €1,274 | ▼ 83.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €10,891 | €8,793 | €17,074 | €12,749 | ▼ 25.3% |
| Fixed assets21/28 | €6,000 | €4,550 | €3,050 | €1,550 | ▼ 49.2% |
| Tangible fixed assets22/27 | €6,000 | €4,500 | €3,000 | €1,500 | ▼ 50.0% |
| Furniture and vehicles24 | €6,000 | €4,500 | €3,000 | €1,500 | ▼ 50.0% |
| Financial fixed assets28 | - | €50 | €50 | €50 | = |
| Current assets29/58 | €4,891 | €4,243 | €14,024 | €11,199 | ▼ 20.1% |
| Stocks and contracts in progress3 | €712 | €330 | €224 | €39 | ▼ 82.7% |
| Stocks30/36 | €712 | €330 | €224 | €39 | ▼ 82.7% |
| Amounts receivable within one year40/41 | €1,778 | €81 | €1,541 | €9,815 | ▲ 537% |
| Trade receivables40 | - | - | €1,500 | €2,270 | ▲ 51.3% |
| Other amounts receivable41 | €1,778 | €81 | €41 | €7,545 | ▲ 182× |
| Cash at bank and in hand54/58 | €2,400 | €3,275 | €11,599 | €1,345 | ▼ 88.4% |
| Deferred charges and accrued income490/1 | - | €557 | €660 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €10,891 | €8,793 | €17,074 | €12,749 | ▼ 25.3% |
| Equity10/15 | €67 | -€6,167 | €1,455 | €2,728 | ▲ 87.6% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€9,933 | -€16,167 | -€8,545 | -€7,272 | ▲ 14.9% |
| Amounts payable17/49 | €10,823 | €14,960 | €15,620 | €10,021 | ▼ 35.8% |
| Amounts payable within one year42/48 | €10,823 | €14,960 | €15,620 | €10,021 | ▼ 35.8% |
| Trade debts44 | €923 | €557 | €3,500 | €3,286 | ▼ 6.1% |
| Suppliers440/4 | €923 | €557 | €3,500 | €3,286 | ▼ 6.1% |
| Taxes, remuneration and social security45 | - | €3,357 | €2,915 | €6,735 | ▲ 131% |
| Taxes450/3 | - | €1,857 | €2,915 | €4,785 | ▲ 64.1% |
| Remuneration and social security454/9 | - | €1,500 | - | €1,950 | - |
| Other amounts payable47/48 | €9,900 | €11,045 | €9,204 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,933 | -€6,234 | €7,622 | €1,274 | ▼ 83.3% |
| + Depreciation and write-downs630 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Operating cash flow (approximation) | -€8,433 | -€4,734 | €9,122 | €2,774 | ▼ 69.6% |
| Investment in fixed assets (approximation) | - | -€50 | €0 | €0 | - |
| Change in cash | - | €875 | €8,324 | -€10,254 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,713 companies had the same profile as AKB has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AKB itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 6,713 companies, not a prediction for AKB. 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.