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AKINDO

Active
Non-profit associationfounded 200224 yrs activeWerkplaatsen 65, 3920 Lommel, BelgiumKBO/BCE: BE 0478.071.626
Summary

AKINDO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126k and a net result of €38k. Its solvency ranks better than 25% of 471 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes
Profitability81
Solvency58
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.27; short-term debt: 21.5% and cash: 32.6% of total assets), but 66.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
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 16-07-2025, 15 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
15 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

AKINDO was incorporated on 14 May 2002.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€126k
Total assets
€377k
Net result
€38k
Working capital
€265k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €377k
Fixed assets €31k
Current assets €346k
Equity and liabilities €377k
Equity €126k
Debt €251k
Debt finances 66.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€39k
Cash flow
€42k
Current ratio
4.27
Debt to equity
2.00
ROE
29.9%
ROA
10.0%
Interest coverage
77.58
Debt ≤ 1 year
€81k
Staff costs
€326k
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€377k
Fixed assets21/28€31k
Tangible fixed assets22/27€31k
Land and buildings22€21k
Plant, machinery and equipment23€9k
Furniture and vehicles24€1k
Current assets29/58€346k
Amounts receivable within one year40/41€28k
Trade receivables40€941
Other amounts receivable41€27k
Current investments50/53€192k
Cash at bank and in hand54/58€123k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€377k
Equity10/15€126k
Reserves13€130k
Profit (loss) carried forward14€-9k
Investment grants15€4k
Amounts payable17/49€251k
Amounts payable within one year42/48€81k
Trade debts44€37k
Suppliers440/4€37k
Taxes, remuneration and social security45€33k
Remuneration and social security454/9€33k
Accrued charges and deferred income492/3€170k
Income statement Code2024
Remuneration, social security and pensions62€326k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€135
Gross operating margin9900€374k
Operating profit (loss)9901€34k
Financial income75/76B€4k
Recurring financial income75€4k
Financial charges65/66B€503
Recurring financial charges65€503
Profit (loss) for the period before taxes9903€38k
Profit (loss) for the period9904€38k
Profit (loss) for the period to be appropriated9905€38k
Appropriation of the result
Profit (loss) to be appropriated9906€-9k
Profit (loss) brought forward from the previous period14P€-46k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€326k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€135
Gross operating margin9900€374k
Operating profit (loss)9901€34k
Financial income75/76B€4k
Recurring financial income75€4k
Financial charges65/66B€503
Recurring financial charges65€503
Profit (loss) for the period before taxes9903€38k
Profit (loss) for the period9904€38k
Profit (loss) for the period to be appropriated9905€38k
Line2024
Assets
Total assets20/58€377k
Fixed assets21/28€31k
Tangible fixed assets22/27€31k
Land and buildings22€21k
Plant, machinery and equipment23€9k
Furniture and vehicles24€1k
Current assets29/58€346k
Amounts receivable within one year40/41€28k
Trade receivables40€941
Other amounts receivable41€27k
Current investments50/53€192k
Cash at bank and in hand54/58€123k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€377k
Equity10/15€126k
Reserves13€130k
Profit (loss) carried forward14€-9k
Investment grants15€4k
Amounts payable17/49€251k
Amounts payable within one year42/48€81k
Trade debts44€37k
Suppliers440/4€37k
Taxes, remuneration and social security45€33k
Remuneration and social security454/9€33k
Accrued charges and deferred income492/3€170k
Line2024
Profit (loss) for the period9904€38k
+ Depreciation and write-downs630€5k
Operating cash flow (approximation)€42k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Lommel · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
391 m²
Building footprint
391 m²
Volume, LiDAR
3,650 m³
Parcel 72020C1437/00A045, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AKINDO
Werkplaatsen 65, 3920 LommelOther membership organisations
since 20072.159.634.130
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72020C1437/00A045 Flanders 391 m² 1 · 391 m² 16.4 m · 3 fl.
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 2025 · 26 entries · 1,571,228 EUR awarded · 1,516,059 EUR paid
Year Entries awardedpaid
2025 4 350,456 EUR337,736 EUR
2024 7 339,446 EUR405,654 EUR
2023 8 566,514 EUR526,941 EUR
2022 7 314,812 EUR245,728 EUR
Schemes
Jeugdwerk: Werkingssubsidie voor een erkende landelijk georganiseerde jeugdvereniging (Jeugddecreet 2012)
2 entries · 396,494 EUR · 376,621 EUR paid · Departement Cultuur, Jeugd en Media
Thematische projectoproep tot subsidiëring Toerisme Vlaanderen
3 entries · 379,686 EUR · 356,446 EUR paid · Toerisme Vlaanderen
Jeugd: Werkingssubsidie voor een erkende jeugdvereniging (Jeugddecreet 2012)
3 entries · 352,177 EUR · 352,177 EUR paid · Departement Cultuur, Jeugd en Media
Projectsubsidies in het kader van armoedebestrijding
2 entries · 143,810 EUR · 143,810 EUR paid · Departement Zorg
Erkenning en subsidiëring van sociaal-toeristische verenigingen
3 entries · 140,845 EUR · 128,789 EUR paid · Toerisme Vlaanderen
Show 6 more
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
4 entries · 109,095 EUR · 109,095 EUR paid · Departement Cultuur, Jeugd en Media
Kinderrechtenbeleid: Projectsubsidie voor een vernieuwend initiatief ter uitvoering van het Vlaams Jeugd- en Kinderrechtenbeleidsplan - oproep Over Drempels (Jeugddecreet 2012)
2 entries · 40,000 EUR · 40,000 EUR paid · Departement Cultuur, Jeugd en Media
Jeugd: Tussenkomst in de energiekosten van een organisatie voor landelijk jeugdwerk die een werkingssubsidie ontvangt (Uitgavendecreet)
1 entry · 4,628 EUR · 4,628 EUR paid · Departement Cultuur, Jeugd en Media
Subsidies jeugdhulp
4 entries · 4,241 EUR · 4,241 EUR paid · Opgroeien regie
Vlaams opleidingsverlof (VOV)
1 entry · 162 EUR · 162 EUR paid · Departement Werk en Sociale Economie
Intersectorale toegangspoort voor minderjarigen
1 entry · 90 EUR · 90 EUR paid · Fonds Jongerenwelzijn

Similar companies · same sector, comparable size

Of 3,130 companies in sector 94999 we hold annual accounts for 704. 504 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded14-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
94999Other membership organisations

Scores and ratios are computed by Checked and are not a credit decision.