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AKD ENGIN

Active
Private limited companyfounded 20206 yrs activeKeelstraat 24, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0754.489.358

The computed 12-month bankruptcy probability of AKD ENGIN is 1.9% (moderate). The 2025 annual accounts show equity of €43k and a net result of €34k. Equity is growing by ~47.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 6.52 against 1.9 in 2024; short-term debt: 15% and cash: 26.8% of total assets), and 15% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025
Solvency, return and age of the figures
Solvency
85%
Return on assets
67.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
121 d early
2024
26 d late
2023
27 d late
2022
28 d late
2021
24 d late
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity
€43k▲ 391%
2024 · €9k
2021: €3k 2022: €19k 2023: €19k 2024: €9k
2021 → 2025
Total assets
€50k▲ 221%
2024 · €16k
2021: €7k 2022: €19k 2023: €21k 2024: €16k
2021 → 2025
Net result
€34k
2024 · €-11k
2021: €240 2022: €16k 2023: €442 2024: €-11k
2021 → 2025
Working capital
€41k▲ 563%
2024 · €6k
2021: €508 2022: €14k 2023: €16k 2024: €6k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3k-€19k▲ 593%€19k▲ 2.3%€9k▼ 55.3%€43k▲ 391%
Operating result€357-€16k▲ 4,494%€763▼ 95.3%€-5k€35k
Net result€240-€16k▲ 6,669%€442▼ 97.3%€-11k€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €357€357Net result 2021: €240€240Operating result 2022: €16k€16kNet result 2022: €16k€16kOperating result 2023: €763€763Net result 2023: €442€442Operating result 2024: €-5k€-5kNet result 2024: €-11k€-11kOperating result 2025: €35k€35kNet result 2025: €34k€34k20212022202320242025
The operating result returns to profit in 2025: €35k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets €1k▼ 48.6%
Current assets €49k▲ 270%
Equity and liabilities €50k
Equity €43k▲ 391%
Debt €8k▲ 7.7%
The debt ratio falls from 44.5% to 15.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36k
2024 · €-4k
Cash flow
€35k
2024 · €-10k
Solvency
85.0%
2024 · 55.5%
Current ratio
6.52
2024 · 1.90
Quick ratio
5.97
2024 · 1.21
Debt / equity
0.18
2024 · 0.80
ROE
79.7%
2024 · -123.9%
ROA
67.7%
2024 · -68.7%
Interest coverage
29.28
2024 · -18.86
Debt
€8k
2024 · €7k
Debt ≤ 1 year
€8k
2024 · €7k
Staff costs
€57k
2024 · €1k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€16k€50k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€2k€1k
Plant, machinery and equipment23€270-
Furniture and vehicles24€2k€1k
Current assets29/58€13k€49k
Stocks and contracts in progress3€5k€4k
Stocks30/36€5k€4k
Amounts receivable within one year40/41€8k€31k
Trade receivables40€6k€27k
Other amounts receivable41€2k€4k
Cash at bank and in hand54/58€33€13k
Deferred charges and accrued income490/1€655€506
Equity and liabilities
Total equity and liabilities10/49€16k€50k
Equity10/15€9k€43k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€6k€40k
Amounts payable17/49€7k€8k
Amounts payable within one year42/48€7k€8k
Trade debts44€2k€76
Suppliers440/4€2k€76
Taxes, remuneration and social security45€1k€7k
Taxes450/3-€6k
Remuneration and social security454/9€1k€2k
Other amounts payable47/48€3k-
Income statement Code20242025
Remuneration, social security and pensions62€1k€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€4k€2k
Gross operating margin9900€1k€96k
Operating profit (loss)9901€-5k€35k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€199€1k
Recurring financial charges65€199€1k
Profit (loss) for the period before taxes9903€-5k€34k
Income taxes67/77€6k-
Profit (loss) for the period9904€-11k€34k
Profit (loss) for the period to be appropriated9905€-11k€34k
Appropriation of the result
Profit (loss) to be appropriated9906€6k€40k
Profit (loss) brought forward from the previous period14P€17k€6k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 6.52
Current ratio from 1.90 to 6.52.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial Weakest financial yearnet €-11k ▼2530%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Liquidity times 510current ratio 574.32
Current ratio from 1.13 to 574.32; short-term debt falls from €4k to €24.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Vilvoorde · 1 establishment unit since 2020
establishment The establishment unit 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.

Keelstraat 241800 Vilvoorde
Ground area
189 m²
Building footprint
64 m²
Volume, LiDAR
592 m³
Parcel 23088A0149/00W004, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BATIMENT AKD
Keelstraat 24, 1800 VilvoordeConstruction of roads and motorways
since 20202.307.611.984
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23088A0149/00W004 Flanders 189 m² 1 · 63 m² 12.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

6 categories
AKD ENGIN BV46259
category C, class 1 · category C1, class 1 · category C7, class 1 · category D1, class 1 · category G, class 1 · category G1, class 1
decision 28-05-2026

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,988 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-09-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:akd.srl@outlook.com
Enterprise