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Akinita

Active
Private limited companyfounded 1996active for 30 yearsWaterstraat 83, 2440 Geel, BelgiumKBO/BCE: BE 0457.218.210
Summary

Akinita has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €638,694 and a net result of €28,044. Equity is shrinking by about 22% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€638,694▲ 4.6%
2024 · €610,650
Total assets
€2.7m▼ 1.9%
2024 · €2.7m
Net result
€28,044▼ 83.7%
2024 · €172,247
Working capital
€704,349▼ 0.5%
2024 · €707,690
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.03m 2025 Net result€0.03m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m-€0.01m-€0.03m€0.03m€0.04m▲ 17.6%€0.04m▲ 10.5%€0.2m▲ 461%€0.03m▼ 88.1%
Net result-€0.02m--€0.03m▼ 33.2%€0.04m€0.001m▼ 98.5%€0.009m▲ 1,463%€0.09m▲ 923%€0.2m▲ 94.5%€0.03m▼ 83.7%
Equity€1.5m-€1.5m▼ 1.8%€1.3m▼ 15.3%€0.7m▼ 47.8%€0.5m▼ 26.3%€0.4m▼ 8.9%€0.6m▲ 39.3%€0.6m▲ 4.6%
Total assets€4.2m-€3.7m▼ 12.7%€3.5m▼ 6.1%€3.3m▼ 5.6%€3.2m▼ 1.7%€2.6m▼ 18.0%€2.7m▲ 4.3%€2.7m▼ 1.9%
Debt€2.7m-€2.2m▼ 18.8%€2.2m▲ 0.1%€2.6m▲ 18.4%€2.7m▲ 4.4%€2.2m▼ 19.6%€2.1m▼ 2.7%€2.0m▼ 3.8%
Working capital€1.0m-€1.0m▼ 6.3%€0.7m▼ 26.5%€0.1m▼ 81.4%-€0.03m-€0.3m▼ 943%€0.7m€0.7m▼ 0.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets €822,334 ▼ 3.8%
Current assets €1.9m ▼ 1.1%
Equity and liabilities €2.7m
Equity €638,694 ▲ 4.6%
Debt €2.0m ▼ 3.8%
Debt's share of the balance-sheet total falls from 77.7% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62,568▼
2024 · €332,507
Cash flow
€61,968▼
2024 · €263,596
Current ratio
1.61▲
2024 · 1.60
Debt to equity
3.20▼
2024 · 3.48
ROE
4.4%▼
2024 · 28.2%
ROA
1.0%▼
2024 · 6.3%
Interest coverage
2.45▼
2024 · 13.89
Debt ≤ 1 year
€1.2m▼
2024 · €1.2m
Debt > 1 year
€886,838▼
2024 · €950,949
Income taxes
€14,789▼
2024 · €74,055
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.7m▼
Fixed assets21/28€0.9m€0.8m▼
Tangible fixed assets22/27€0.9m€0.8m▼
Land and buildings22€0.8m€0.8m▼
Plant, machinery and equipment23€0.007m€0.007m=
Furniture and vehicles24€0.004m€0.002m▼
Current assets29/58€1.9m€1.9m▼
Amounts receivable within one year40/41€0.02m€0▼
Trade receivables40€0-
Other amounts receivable41€0.02m€0▼
Current investments50/53€1.5m€1.5m▲
Cash at bank and in hand54/58€0.4m€0.3m▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m▼
Equity10/15€0.6m€0.6m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.5m€0.5m▲
Tax-exempt reserves132€0.05m€0.05m=
Distributable reserves133€0.4m€0.4m▲
Profit (loss) carried forward14€0-
Amounts payable17/49€2.1m€2.0m▼
Amounts payable after more than one year17€1.0m€0.9m▼
Financial debts170/4€1.0m€0.9m▼
Amounts payable within one year42/48€1.2m€1.2m▼
Current portion of amounts payable after more than one year42€0.06m€0.06m▲
Trade debts44€0.002m€12▼
Suppliers440/4€0.002m€12▼
Taxes, remuneration and social security45€0.01m€0.004m▼
Taxes450/3€0.01m€0.004m▼
Other amounts payable47/48€1.1m€1.1m▼
Accrued charges and deferred income492/3€0.001m€0.001m=
Income statement Code20242025
Non-recurring operating income76A€0.3m€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.03m▼
Other operating charges640/8€0.02m€0.01m▼
Gross operating margin9900€0.4m€0.08m▼
Operating profit (loss)9901€0.2m€0.03m▼
Financial income75/76B€0.03m€0.04m▲
Recurring financial income75€0.03m€0.04m▲
Financial charges65/66B€0.02m€0.03m▲
Recurring financial charges65€0.02m€0.03m▲
Profit (loss) for the period before taxes9903€0.2m€0.04m▼
Income taxes67/77€0.07m€0.01m▼
Profit (loss) for the period9904€0.2m€0.03m▼
Transfer to tax-exempt reserves689€0.05m€0▼
Profit (loss) for the period to be appropriated9905€0.1m€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.03m▼
Transfer from equity791/2€0-
Transfer to equity691/2€0.1m€0.03m▼
To other reserves6921€0.1m€0.03m▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€265,337€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101,209€106,017€105,490€62,157€61,199€61,504€91,349€33,924▼ 62.9%
Other operating charges640/8---€16,304€18,102€20,144€19,630€13,083▼ 33.4%
Gross operating margin9900€120,787€131,108€87,802€111,520€118,183€124,614€352,137€75,650▼ 78.5%
Operating profit (loss)9901-€1,985€10,741-€34,211€33,059€38,882€42,966€241,158€28,644▼ 88.1%
Financial income75/76B---€17,861€2€115,473€29,089€39,702▲ 36.5%
Recurring financial income75€35,007€3,303€111,567€17,861€2€115,473€29,089€39,702▲ 36.5%
Financial charges65/66B---€48,067€24,680€25,754€23,945€25,514▲ 6.5%
Recurring financial charges65€51,926€40,379€29,174€48,067€24,680€25,754€23,945€25,514▲ 6.5%
Profit (loss) for the period before taxes9903-€18,904-€26,334€48,182€2,854€14,204€132,685€246,302€42,833▼ 82.6%
Income taxes67/77€869€8€11,178€2,300€5,550€44,123€74,055€14,789▼ 80.0%
Profit (loss) for the period9904-€19,773-€26,342€37,004€554€8,654€88,562€172,247€28,044▼ 83.7%
Transfer from tax-exempt reserves789---€2,871-----
Transfer to tax-exempt reserves689------€50,520€0▼ 100%
Profit (loss) for the period to be appropriated9905-€19,773€157,658€37,004€3,424€8,654€88,562€121,727€28,044▼ 77.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.2m€3.7m€3.5m€3.3m€3.2m€2.6m€2.7m€2.7m▼ 1.9%
Fixed assets21/28€1.8m€1.8m€1.6m€1.6m€1.5m€1.5m€0.9m€0.8m▼ 3.8%
Tangible fixed assets22/27€1.8m€1.8m€1.6m€1.6m€1.5m€1.5m€0.9m€0.8m▼ 3.8%
Land and buildings22---€1.6m€1.5m€1.5m€0.8m€0.8m▼ 3.6%
Plant, machinery and equipment23---€0.007m€0.007m€0.007m€0.007m€0.007m=
Furniture and vehicles24---€0.02m€0.01m€0.01m€0.004m€0.002m▼ 54.5%
Current assets29/58€2.4m€1.9m€1.8m€1.7m€1.7m€1.1m€1.9m€1.9m▼ 1.1%
Amounts receivable within one year40/41€0.06m€0.02m€134€0.002m€0.002m€0.01m€0.02m€0▼ 100%
Trade receivables40-----€0.001m€0--
Other amounts receivable41---€0.002m€0.002m€0.01m€0.02m€0▼ 100%
Current investments50/53€1.7m€1.7m€1.5m€1.5m€1.5m€1.1m€1.5m€1.5m▲ 4.7%
Cash at bank and in hand54/58€0.6m€0.2m€0.3m€0.2m€0.2m€0.07m€0.4m€0.3m▼ 16.7%
Deferred charges and accrued income490/1----€0.008m€0.001m€0--
Equity and liabilities
Total equity and liabilities10/49€4.2m€3.7m€3.5m€3.3m€3.2m€2.6m€2.7m€2.7m▼ 1.9%
Equity10/15€1.5m€1.5m€1.3m€0.7m€0.5m€0.4m€0.6m€0.6m▲ 4.6%
Contributions10/11€0.1m€0.1m-€0.1m€0.1m€0.1m€0.1m€0.1m=
Contributions outside capital11---€0.1m€0.1m€0.1m---
Other1109/19---€0.1m€0.1m€0.1m---
Reserves13€1.4m€1.3m€1.1m€0.5m€0.3m€0.3m€0.5m€0.5m▲ 6.1%
Non-distributable reserves130/1---€0.01m€0.01m----
Reserves not available under the articles1311---€0.01m€0.01m----
Tax-exempt reserves132------€0.05m€0.05m=
Distributable reserves133---€0.5m€0.3m€0.3m€0.4m€0.4m▲ 6.8%
Profit (loss) carried forward14-€0.02m--€0.02m---€0--
Amounts payable17/49€2.7m€2.2m€2.2m€2.6m€2.7m€2.2m€2.1m€2.0m▼ 3.8%
Amounts payable after more than one year17€1.4m€1.3m€1.1m€1.1m€1.0m€0.8m€1.0m€0.9m▼ 6.7%
Financial debts170/4---€1.1m€1.0m€0.8m€1.0m€0.9m▼ 6.7%
Amounts payable within one year42/48€1.3m€0.9m€1.1m€1.5m€1.7m€1.4m€1.2m€1.2m▼ 1.5%
Current portion of amounts payable after more than one year42---€0.05m€0.05m€0.05m€0.06m€0.06m▲ 2.0%
Financial debts43---€81-----
Credit institutions430/8---€81-----
Trade debts44€138-€0.005m-€0.01m€0.006m€0.002m€12▼ 99.4%
Suppliers440/4----€0.01m€0.006m€0.002m€12▼ 99.4%
Taxes, remuneration and social security45---€0.02m€0.002m€0.03m€0.01m€0.004m▼ 66.1%
Taxes450/3---€0.02m€0.002m€0.03m€0.01m€0.004m▼ 66.1%
Other amounts payable47/48---€1.5m€1.6m€1.3m€1.1m€1.1m▼ 0.7%
Accrued charges and deferred income492/3-----€399€0.001m€0.001m=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€19,773-€26,342€37,004€554€8,654€88,562€172,247€28,044▼ 83.7%
+ Depreciation and write-downs630€101,209€106,017€105,490€62,157€61,199€61,504€91,349€33,924▼ 62.9%
Operating cash flow (approximation)€81,436€79,674€142,494€62,710€69,853€150,066€263,596€61,968▼ 76.5%
Investment in fixed assets (approximation)--€26,790€0€0€0-€18,587€533,638-€1,198-
Change in cash--€419,035€108,474-€105,654-€2,945-€139,308€336,004-€67,159-

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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Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 16-07-2026 2026-00307840
31-12-2024 micro format 15-07-2025 2025-00276657
31-12-2023 micro format 02-07-2024 2024-00204303
31-12-2022 micro format 17-07-2023 2023-00246746
31-12-2021 micro format 28-06-2022 2022-20099086
31-12-2020 micro format 12-07-2021 2021-34000118
31-12-2019 micro format 24-07-2020 2020-33700525
31-12-2018 micro format 16-07-2019 2019-33200354
31-12-2017 micro format 04-07-2018 2018-28300015
31-12-2016 micro format 13-07-2017 2017-31200238

Show all 30 filings

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