AKERRAGEREAU
ActiveSummary
AKERRAGEREAU has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-209k) and a net result of €53k. Equity is shrinking by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▲+14
Solvency9▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 0.83 in 2023; short-term debt: 116.2% and cash: 3.9% of total assets), and equity is negative.
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-16.2%
Return on assets
4.1%
Age of the figures
21 mo
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4809 sector peers (2024).
NBB · sector comparisonPosition among 4809 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-01-2025, 184 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
184 d early
2023
29 d early
2022
67 d late
2021
16 d early
2020
4 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€24k
EBIT margin
-600.2%
Net result
€53k
2023 · €-19k
2018: €-34k
2019: €-16k▲ +52.8% vs 2018
2020: €-17k▼ -6.0% vs 2019
2021: €-40k▼ -135% vs 2020
2022: €-156k▼ -296% vs 2021lowest in 7 years
2023: €-19k▲ +88.1% vs 2022
2024: €53k▲ +384% vs 2023highest in 7 years
2018 → 2024
Working capital
€-211k▲ 19.9%
2023 · €-263k
2018: €-12khighest in 7 years
2019: €-19k▼ -58.4% vs 2018
2020: €-17k▲ +9.4% vs 2019
2021: €-31k▼ -78.5% vs 2020
2022: €-188k▼ -511% vs 2021
2023: €-263k▼ -40.1% vs 2022lowest in 7 years
2024: €-211k▲ +19.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€24k
Equity€-47k-€-87k▼ 83.4%€-243k▼ 180%€-262k▼ 7.6%€-209k▲ 20.1%
2020: €-47khighest in 5 years
2021: €-87k▼ -83.4% vs 2020
2022: €-243k▼ -180% vs 2021
2023: €-262k▼ -7.6% vs 2022lowest in 5 years
2024: €-209k▲ +20.1% vs 2023
Operating result€2k-€-10k€-143k▼ 1,376%€-11k▲ 92.6%€53k
2020: €2k
2021: €-10k▼ -743% vs 2020
2022: €-143k▼ -1376% vs 2021lowest in 5 years
2023: €-11k▲ +92.6% vs 2022
2024: €53k▲ +597% vs 2023highest in 5 years
Net result€-17k-€-40k▼ 135%€-156k▼ 296%€-19k▲ 88.1%€53k
2020: €-17k
2021: €-40k▼ -135% vs 2020
2022: €-156k▼ -296% vs 2021lowest in 5 years
2023: €-19k▲ +88.1% vs 2022
2024: €53k▲ +384% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €53k after a loss of €11k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.29M
Fixed assets
€2k ▲ 50.0%
Current assets
€1.29M ▼ 0.1%
Key figures and ratios
Solvency
-16.2%▲
2023 · -20.3%
Current ratio
0.86▲
2023 · 0.83
Quick ratio
0.03▼
2023 · 0.08
Debt to equity
-7.17▼
2023 · -5.93
ROA
4.1%▲
2023 · -1.4%
Debt
€1.50M▼
2023 · €1.55M
Debt ≤ 1 year
€1.50M▼
2023 · €1.55M
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 · 2024 against 2023 · 31 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.29M€1.29M▼
Fixed assets21/28€1k€2k▲
Financial fixed assets28€1k€2k▲
Current assets29/58€1.29M€1.29M▼
Stocks and contracts in progress3€1.16M€1.24M▲
Stocks30/36€1.16M€1.24M▲
Amounts receivable within one year40/41€676€2k▲
Other amounts receivable41€676€2k▲
Cash at bank and in hand54/58€131k€51k▼
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.29M▼
Equity10/15€-262k€-209k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€-281k€-228k▲
Amounts payable17/49€1.55M€1.50M▼
Amounts payable within one year42/48€1.55M€1.50M▼
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Other amounts payable47/48€1.54M€1.48M▼
Income statement
Code20232024
Non-recurring operating income76A-€56k
Other operating charges640/8€752-
Gross operating margin9900€-10k€53k▲
Operating profit (loss)9901€-11k€53k▲
Financial charges65/66B€8k€60▼
Recurring financial charges65€8k€60▼
Profit (loss) for the period before taxes9903€-19k€53k▲
Profit (loss) for the period9904€-19k€53k▲
Profit (loss) for the period to be appropriated9905€-19k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-281k€-228k▲
Profit (loss) brought forward from the previous period14P€-262k€-281k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €24k | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €56k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €165k | - | - | - |
| Other operating charges640/8 | - | - | €1k | €752 | - | - |
| Gross operating margin9900 | €2k | €-10k | €-142k | €-10k | €53k | ▲ 635% |
| Operating profit (loss)9901 | €2k | €-10k | €-143k | €-11k | €53k | ▲ 597% |
| Recurring financial income75 | €354 | - | - | - | - | - |
| Financial charges65/66B | - | €30k | €14k | €8k | €60 | ▼ 99.2% |
| Recurring financial charges65 | €19k | €30k | €14k | €8k | €60 | ▼ 99.2% |
| Profit (loss) for the period before taxes9903 | €-17k | €-39k | €-156k | €-19k | €53k | ▲ 384% |
| Income taxes67/77 | - | €46 | - | - | - | - |
| Profit (loss) for the period9904 | €-17k | €-40k | €-156k | €-19k | €53k | ▲ 384% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €-40k | €-156k | €-19k | €53k | ▲ 384% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.40M | €1.61M | €1.25M | €1.29M | €1.29M | ▼ 0.1% |
| Fixed assets21/28 | - | - | €500 | €1k | €2k | ▲ 50.0% |
| Financial fixed assets28 | - | - | €500 | €1k | €2k | ▲ 50.0% |
| Current assets29/58 | €1.40M | €1.61M | €1.25M | €1.29M | €1.29M | ▼ 0.1% |
| Stocks and contracts in progress3 | €1.11M | €1.30M | €1.01M | €1.16M | €1.24M | ▲ 6.7% |
| Stocks30/36 | - | €1.30M | - | €1.16M | €1.24M | ▲ 6.7% |
| Contracts in progress37 | - | - | €1.01M | - | - | - |
| Amounts receivable within one year40/41 | €274k | €317k | €75k | €676 | €2k | ▲ 165% |
| Other amounts receivable41 | - | €317k | €75k | €676 | €2k | ▲ 165% |
| Cash at bank and in hand54/58 | €10k | - | €164k | €131k | €51k | ▼ 61.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.40M | €1.61M | €1.25M | €1.29M | €1.29M | ▼ 0.1% |
| Equity10/15 | €-47k | €-87k | €-243k | €-262k | €-209k | ▲ 20.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | €19k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-66k | €-106k | €-262k | €-281k | €-228k | ▲ 18.8% |
| Amounts payable17/49 | €1.44M | €1.70M | €1.49M | €1.55M | €1.50M | ▼ 3.5% |
| Amounts payable within one year42/48 | €1.41M | €1.64M | €1.43M | €1.55M | €1.50M | ▼ 3.5% |
| Financial debts43 | - | €115k | - | - | - | - |
| Credit institutions430/8 | - | €115k | - | - | - | - |
| Trade debts44 | €265k | €196k | €17k | €16k | €18k | ▲ 9.7% |
| Suppliers440/4 | - | €196k | €17k | €16k | €18k | ▲ 9.7% |
| Taxes, remuneration and social security45 | - | - | €56k | - | - | - |
| Taxes450/3 | - | - | €56k | - | - | - |
| Other amounts payable47/48 | - | €1.33M | €1.36M | €1.54M | €1.48M | ▼ 3.6% |
| Accrued charges and deferred income492/3 | - | €56k | €56k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €-40k | €-156k | €-19k | €53k | ▲ 384% |
| Operating cash flow (approximation) | €-17k | €-40k | €-156k | €-19k | €53k | ▲ 384% |
| Investment in fixed assets (approximation) | - | - | - | €-500 | €-500 | = |
| Change in cash | - | - | - | €-33k | €-80k | ▼ 142% |
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
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after 6 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Weakest financial yearnet €-156k
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 139 days late
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, Ukkel · 1 establishment unit since 2018
Ground area
3,996 m²
Building footprint
592 m²
Volume, LiDAR
2,793 m³
2 parcels, Brussels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
445
companies at this address
See who is registered here
1 establishment unit
AKERRAGEREAU
since 20182.276.087.677
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0047/00K019 | Flanders | 3,654 m² | 1 · 493 m² | 14.1 m · 1 fl. |
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.