AKH-TECH
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 14-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a profit of €42,350, after a loss of €45,150 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.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 4 | 0 |
| full-time | 1 | 4 | 0 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 1 | 4 | 0 |
| Average over the year, in full-time equivalents | 0.3 | 1.8 | 0.1 |
| On a permanent contract | 0 | 4 | 0 |
| Joined | 2 | 12 | 0 |
| Left | 1 | 9 | 3 |
| Training hours | 0 | 0 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €31,138 | €122,757 | €10,287 |
| Intangible fixed assets | €1,786 | - | - |
| Depreciation and write-downs of the year | €9,186 | €30,980 | €41,010 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6,306 | €86,974 | €17,980 | ▼ 79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,186 | €30,980 | €41,010 | ▲ 32.4% |
| Other operating charges640/8 | €1,696 | €9,570 | €25,814 | ▲ 170% |
| Gross operating margin9900 | €107,493 | €82,374 | €127,153 | ▲ 54.4% |
| Operating profit (loss)9901 | €90,306 | -€45,150 | €42,350 | - |
| Financial income75/76B | €12 | €20 | €97 | ▲ 379% |
| Recurring financial income75 | €12 | €20 | €97 | ▲ 379% |
| Financial charges65/66B | €191 | €6,295 | €10,440 | ▲ 65.9% |
| Recurring financial charges65 | €191 | €6,295 | €10,440 | ▲ 65.9% |
| Profit (loss) for the period before taxes9903 | €90,126 | -€51,425 | €32,007 | - |
| Income taxes67/77 | €24,612 | €3 | €10,242 | ▲ 3,437× |
| Profit (loss) for the period9904 | €65,514 | -€51,428 | €21,765 | - |
| Profit (loss) for the period to be appropriated9905 | €65,514 | -€51,428 | €21,765 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €126,612 | €284,429 | €165,589 | ▼ 41.8% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €23,738 | €107,049 | €69,302 | ▼ 35.3% |
| Tangible fixed assets22/27 | €23,738 | €107,049 | €69,302 | ▼ 35.3% |
| Plant, machinery and equipment23 | €5,908 | €17,925 | €12,545 | ▼ 30.0% |
| Furniture and vehicles24 | €17,830 | €25,922 | €9,033 | ▼ 65.2% |
| Leasing and similar rights25 | - | €63,202 | €47,724 | ▼ 24.5% |
| Current assets29/58 | €102,874 | €177,380 | €96,287 | ▼ 45.7% |
| Amounts receivable within one year40/41 | €46,541 | €122,155 | €38,139 | ▼ 68.8% |
| Trade receivables40 | €46,541 | €58,897 | - | - |
| Other amounts receivable41 | - | €63,258 | €38,139 | ▼ 39.7% |
| Cash at bank and in hand54/58 | €31,879 | €0 | €15,755 | ▲ 35,807× |
| Deferred charges and accrued income490/1 | €24,454 | €55,225 | €42,393 | ▼ 23.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €126,612 | €284,429 | €165,589 | ▼ 41.8% |
| Equity10/15 | €68,014 | €16,586 | €38,351 | ▲ 131% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €65,514 | €65,514 | €65,514 | = |
| Distributable reserves133 | €65,514 | €65,514 | €65,514 | = |
| Profit (loss) carried forward14 | - | -€51,428 | -€29,663 | ▲ 42.3% |
| Amounts payable17/49 | €58,598 | €267,843 | €127,238 | ▼ 52.5% |
| Amounts payable after more than one year17 | - | €98,549 | €47,687 | ▼ 51.6% |
| Financial debts170/4 | - | €98,549 | €47,687 | ▼ 51.6% |
| Amounts payable within one year42/48 | €54,278 | €133,967 | €51,783 | ▼ 61.3% |
| Current portion of amounts payable after more than one year42 | - | €52,901 | €50,862 | ▼ 3.9% |
| Financial debts43 | - | €97 | - | - |
| Credit institutions430/8 | - | €97 | - | - |
| Trade debts44 | €16,855 | €28,319 | €921 | ▼ 96.7% |
| Suppliers440/4 | €16,855 | €28,319 | €921 | ▼ 96.7% |
| Taxes, remuneration and social security45 | €25,197 | €33,269 | €0 | ▼ 100% |
| Taxes450/3 | €16,308 | €23,248 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €8,890 | €10,021 | - | - |
| Other amounts payable47/48 | €12,226 | €19,381 | - | - |
| Accrued charges and deferred income492/3 | €4,320 | €35,326 | €27,767 | ▼ 21.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,514 | -€51,428 | €21,765 | - |
| + Depreciation and write-downs630 | €9,186 | €30,980 | €41,010 | ▲ 32.4% |
| Operating cash flow (approximation) | €74,700 | -€20,447 | €62,775 | - |
| Investment in fixed assets (approximation) | - | -€114,291 | -€3,263 | ▲ 97.1% |
| Change in cash | - | -€31,879 | €15,755 | - |
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, 7,976 companies had the same profile as AKH-TECH has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AKH-TECH itself: 2.1% 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 7,976 companies, not a prediction for AKH-TECH. 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.