AKGOZ
ActiveSummary
The computed 12-month bankruptcy probability of AKGOZ is 1.9% (moderate). The 2025 annual accounts show equity of €27k and a net result of €11k. Equity is growing by ~58.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 1909 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
Axes · tick = 2024
Profitability99▲+99
Solvency84▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.23 in 2024; short-term debt: 34.7% of total assets), and 40.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
43 d early
2023
1 d early
2022
50 d late
2021
30 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 67.6%
2024 · €16k
Total assets
€46k▼ 6.8%
2024 · €49k
Net result
€11k
2024 · €-16k
Working capital
€14k▲ 208%
2024 · €5k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k-€3k▼ 9.1%€37k▲ 1,060%€-15k€15k
Net result€3k-€2k▼ 30.6%€27k▲ 1,324%€-16k€11k
Equity€5k-€6k▲ 12.2%€33k▲ 457%€16k▼ 50.1%€27k▲ 67.6%
Total assets€20k-€40k▲ 96.4%€79k▲ 99.5%€49k▼ 37.7%€46k▼ 6.8%
Debt€15k-€34k▲ 126%€46k▲ 37.5%€33k▼ 29.1%€19k▼ 43.5%
Working capital€2k-€-21k€6k€5k▼ 18.4%€14k▲ 208%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€16k ▼ 34.7%
Current assets
€30k ▲ 20.1%
Equity and liabilities €46k
Equity
€27k ▲ 67.6%
Debt
€19k ▼ 43.5%
Debt's share of the balance-sheet total falls from 67.0% to 40.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2024 · €-6k
Cash flow
€19k▲
2024 · €-8k
Current ratio
1.89▲
2024 · 1.23
Debt to equity
0.68▼
2024 · 2.03
ROE
40.3%▲
2024 · -100.4%
ROA
24.0%▲
2024 · -33.2%
Interest coverage
11.53▲
2024 · -2.93
Debt ≤ 1 year
€16k▼
2024 · €20k
Debt > 1 year
€3k▼
2024 · €12k
Income taxes
€3k▲
2024 · €440
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €360 | €1k | ▲ 279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €668 | €2k | €14k | €8k | €8k | ▼ 1.1% |
| Other operating charges640/8 | - | €2k | €6k | €3k | €3k | ▼ 19.7% |
| Non-recurring operating charges66A | - | - | - | €16k | - | - |
| Gross operating margin9900 | €9k | €7k | €57k | €13k | €26k | ▲ 102% |
| Operating profit (loss)9901 | €4k | €3k | €37k | €-15k | €15k | ▲ 203% |
| Financial income75/76B | - | - | €839 | €935 | €1k | ▲ 26.8% |
| Recurring financial income75 | €1 | - | €839 | €935 | €1k | ▲ 26.8% |
| Financial charges65/66B | - | €409 | €1k | €2k | €2k | ▼ 3.8% |
| Recurring financial charges65 | €34 | €409 | €1k | €2k | €2k | ▼ 3.8% |
| Profit (loss) for the period before taxes9903 | €3k | €3k | €37k | €-16k | €14k | ▲ 190% |
| Income taxes67/77 | €796 | €924 | €10k | €440 | €3k | ▲ 656% |
| Profit (loss) for the period9904 | €3k | €2k | €27k | €-16k | €11k | ▲ 167% |
| Profit (loss) for the period to be appropriated9905 | €3k | €2k | €27k | €-16k | €11k | ▲ 167% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20k | €40k | €79k | €49k | €46k | ▼ 6.8% |
| Fixed assets21/28 | €4k | €27k | €44k | €24k | €16k | ▼ 34.7% |
| Tangible fixed assets22/27 | €4k | €27k | €44k | €24k | €16k | ▼ 34.7% |
| Plant, machinery and equipment23 | - | - | €4k | €7k | €4k | ▼ 46.1% |
| Furniture and vehicles24 | - | €27k | €40k | €17k | €12k | ▼ 30.3% |
| Current assets29/58 | €17k | €13k | €35k | €25k | €30k | ▲ 20.1% |
| Amounts receivable within one year40/41 | €2k | €151 | €21k | €25k | €29k | ▲ 18.5% |
| Trade receivables40 | - | - | €2k | €7k | €5k | ▼ 32.1% |
| Other amounts receivable41 | - | €151 | €19k | €17k | €24k | ▲ 39.7% |
| Cash at bank and in hand54/58 | €15k | €12k | €13k | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €1k | €428 | €896 | ▲ 110% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20k | €40k | €79k | €49k | €46k | ▼ 6.8% |
| Equity10/15 | €5k | €6k | €33k | €16k | €27k | ▲ 67.6% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Outside capital11 | - | €3k | - | - | - | - |
| Other1109/19 | - | €3k | - | - | - | - |
| Reserves13 | - | - | €30k | €14k | €25k | ▲ 79.9% |
| Distributable reserves133 | - | - | €30k | €14k | €25k | ▲ 79.9% |
| Profit (loss) carried forward14 | €3k | €3k | - | - | - | - |
| Amounts payable17/49 | €15k | €34k | €46k | €33k | €19k | ▼ 43.5% |
| Amounts payable after more than one year17 | - | - | €16k | €12k | €3k | ▼ 78.8% |
| Financial debts170/4 | - | - | €16k | €12k | €3k | ▼ 78.8% |
| Amounts payable within one year42/48 | €15k | €33k | €30k | €20k | €16k | ▼ 22.2% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | €9k | €10k | ▲ 6.6% |
| Financial debts43 | - | - | - | €4k | €337 | ▼ 91.3% |
| Credit institutions430/8 | - | - | - | €4k | €337 | ▼ 91.3% |
| Trade debts44 | €528 | €3k | €7k | €414 | €890 | ▲ 115% |
| Suppliers440/4 | - | €3k | €7k | €414 | €890 | ▲ 115% |
| Taxes, remuneration and social security45 | - | €5k | €17k | €7k | €5k | ▼ 29.7% |
| Taxes450/3 | - | €5k | €15k | €7k | €4k | ▼ 43.2% |
| Remuneration and social security454/9 | - | - | €2k | - | €943 | - |
| Other amounts payable47/48 | - | €26k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €279 | €1k | €64 | €66 | ▲ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €2k | €27k | €-16k | €11k | ▲ 167% |
| + Depreciation and write-downs630 | €668 | €2k | €14k | €8k | €8k | ▼ 1.1% |
| Operating cash flow (approximation) | €3k | €3k | €40k | €-8k | €19k | ▲ 347% |
| Investment in fixed assets (approximation) | - | €-25k | €-30k | €11k | €0 | ▼ 100% |
| Change in cash | - | €-3k | €723 | - | - | - |
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
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2021net €27k ▲1,324%
Operating result €37k, net result €27k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 1.19
Current ratio from 0.38 to 1.19; short-term debt falls from €33k to €30k.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Genk · 1 establishment unit since 2020
Ground area
323 m²
Building footprint
24 m²
Volume, LiDAR
25 m³
Parcel 71302A0249/00Y002, Flanders · tallest building 2.9 m. Linked by address, not a title deed.
1 establishment unit
AKGOZ
since 20202.303.978.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0249/00Y002 | Flanders | 323 m² | 1 · 24 m² | 2.9 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,440 EUR awarded · 1,440 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 720 EUR | 720 EUR |
| 2022 | 1 | 720 EUR | 720 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,655. 841 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
Founded10-06-2020
Fiscal year end31-03
Activities, NACEBEL 2025
25530Machining of metals
01610Support activities for crop production
33120Repair and maintenance of machinery
43211General electrical installation work
43320Joinery installation
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.