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AKCAN

Active
Private limited companyfounded 2023active for 3 yearsHoevelei 11, 2630 Aartselaar, BelgiumKBO/BCE: BE 0797.650.202

Financials · financial year 2024, micro format

2024 annual accounts filed 124 days after the deadline Filed on 2 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00575571.

Annual accounts 2024 filed on 02-12-2025 PDF

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €66,000
Estimated: probably between €39,000 and €120,000
Total assets
€20,519
Net result
-€20,888
Working capital
-€29,835

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €20,519
Fixed assets €4,800
Current assets €15,719
Equity and liabilities
Equity-€25,035
Debt€45,554
Equity is negative. Debt (€45,554) exceeds the balance-sheet total (€20,519).
Key figures and ratios
2024 value
Solvency
-122.0%
Current ratio
0.35
ROA
-101.8%
Debt
€45,554
Debt ≤ 1 year
€45,554
Staff costs
€29,601
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Comparable companies

These companies have the same main activity as AKCAN: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €17,500 and €26,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
AKCAN Aartselaar2023€20,519-€25,035€9,764-€20,8882024
ELIGANTO Sint-Katelijne-Waver2023€22,898€6,108€9,330€2,1292025
Colour & Cuts Heist-op-den-Berg2022€17,467€7,886€11,970€1,0232025
MIA HAIR EXTENSION Kraainem2023€24,521€16,065€9,197€5,1792025
ME MISCIO ELISABETTA Boussu2022€25,989€9,364€9,115€1,4822025
Hair Evolution Olen2022€20,767-€19,283€11,119-€6192025
PRINSU Turnhout2023€21,502€15,153€13,693€10,5172025

They were chosen from the 3,277 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, 7,639 companies had the same profile as AKCAN has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AKCAN itself: 9.7% 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.

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 7,639 companies, not a prediction for AKCAN. 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 · 2024 · 28 lines

Source: Annual accounts 2024 (PDF), filed on 02-12-2025.

Balance sheet Code2024
Assets
Total assets20/58€20,519
Fixed assets21/28€4,800
Financial fixed assets28€4,800
Current assets29/58€15,719
Cash at bank and in hand54/58€15,719
Equity and liabilities
Total equity and liabilities10/49€20,519
Equity10/15-€25,035
Contributions10/11€3,000
Profit (loss) carried forward14-€28,035
Amounts payable17/49€45,554
Amounts payable within one year42/48€45,554
Trade debts44€6,974
Suppliers440/4€6,974
Taxes, remuneration and social security45€27,027
Taxes450/3€5,374
Remuneration and social security454/9€21,653
Other amounts payable47/48€11,552
Income statement Code2024
Remuneration, social security and pensions62€29,601
Other operating charges640/8€976
Gross operating margin9900€9,764
Operating profit (loss)9901-€20,813
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903-€20,888
Profit (loss) for the period9904-€20,888
Profit (loss) for the period to be appropriated9905-€20,888
Appropriation of the result
Profit (loss) to be appropriated9906-€28,035
Profit (loss) brought forward from the previous period14P-€7,146

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2024
Remuneration, social security and pensions62€29,601
Other operating charges640/8€976
Gross operating margin9900€9,764
Operating profit (loss)9901-€20,813
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903-€20,888
Profit (loss) for the period9904-€20,888
Profit (loss) for the period to be appropriated9905-€20,888
Line2024
Assets
Total assets20/58€20,519
Fixed assets21/28€4,800
Financial fixed assets28€4,800
Current assets29/58€15,719
Cash at bank and in hand54/58€15,719
Equity and liabilities
Total equity and liabilities10/49€20,519
Equity10/15-€25,035
Contributions10/11€3,000
Profit (loss) carried forward14-€28,035
Amounts payable17/49€45,554
Amounts payable within one year42/48€45,554
Trade debts44€6,974
Suppliers440/4€6,974
Taxes, remuneration and social security45€27,027
Taxes450/3€5,374
Remuneration and social security454/9€21,653
Other amounts payable47/48€11,552
Line2024
Profit (loss) for the period9904-€20,888
Operating cash flow (approximation)-€20,888

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 (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 02-12-2025 2025-00575571 PDF

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