Skip to content

Akkodis Belgium

Active Public limited companyfounded 1988active for 37 yearsNoordkustlaan 16B, 1702 DilbeekKBO/BCE: BE 0435.968.478 subsidiary of Akka Switzerland#1 employer in Dilbeek, Professional and technical services sector

Lifetime

18 annual accounts with figures on one time axis, 37 filings since 1989
peak €100.2m (2024)
€99.0m▼ 1.2%
lowest -€493,355 (2018)
€1.8m▲ €2.2m
peak €8.2m (2023)
€2.5m▲ 230%
€20.2m▼ 32.4%
peak 779 FTE (2023)
676.6 FTE▼ 5.8%
Board22 names since 2021all names
3 directorsFabrice BOYER and 2 others
Owners5 names in the annual accounts
100%Akka Switzerland and 2 others
Documentsfilings and deeds
20-07-202611 days before the deadline
2025financial year
Back to profit: €1.8mResignation: Dieke De Vrieze (director) 10-09Appointment: Advisory Strategy Digital Organization and Reorg… 04-06Appointment: Advisory Strategy Digital Organization and Reorg… 19-03Resignation: VDSS (managing director) 07-02Equity from €771,093 to €2.5m

Key points

from the 2025 annual accounts

Equity

€2.5m ▲ 230%
€771,0002024€2.5m2025

Equity rose in 2025 from €771,093 to €2.5m.

Debts

€20.2m 89% of the balance sheet
Financial debts 0%Suppliers 45%Taxes and wages 50%Other 5%

Of this, €20.2m falls due within a year.

Staff

668 employees on 31-12-2025
1811772021166182202212420620241391552025

In 2025, 139 people joined and 155 left. On top of that, 1.4 agency workers worked there on average.

Payment terms

74 days to suppliers
Suppliers
91 to 74
Customers
68 to 55

Akkodis Belgium pays its suppliers 17 days earlier than in 2024. Customers pay 13 days earlier.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Five of the last ten came late. The 2022 accounts came latest: 98 days after the end of the period.

Position in the sector

€1.8m

Higher net result than 94% of companies in architecture and engineering. Sector median €35,705 · 894 companies.

Checked score

87
Excellent
Financially stronger than 33% of large companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 34 companies (NACE 71, large).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 3.5%▲ +2.1 percentage points vs 09-2025highest value 11-2025: 3.5%● unchanged vs 10-2025highest value 12-2025: 3.5%● unchanged vs 11-2025highest value 01-2026: 3.5%● unchanged vs 12-2025highest value 02-2026: 3.4%▼ -0.1 percentage points vs 01-2026 03-2026: 3.5%▲ +0.1 percentage points vs 02-2026 04-2026: 3.4%▼ -0.1 percentage points vs 03-2026 05-2026: 3.4%● unchanged vs 04-2026 06-2026: 3.5%▲ +0.1 percentage points vs 05-2026 07-2026: 3.5%● unchanged vs 06-2026 08-2026: 1.3%▼ -2.2 percentage points vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -1.1 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Weak

36+8equity 11.2% of total assets
12+12short-term debt 88.8% · cash 8.8%
66+23return on assets 7.8%

Score breakdown

raises risk
Equity €2.5m (11.2% of total assets)
lowers risk
Profit of €1.8m (financial year 2025)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: turnover €99.0m, 676.6 FTE, total assets €22.8m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, large). It does better than 6% of them on solvency, 3% on liquidity, 55% on profitability and 67% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 101 companies had the same profile as Akkodis Belgium has now. Each dot is one company, two years later.

97.0%
were still trading
1.0%
stopped another way
2.0%
went bankrupt
  • Large
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of Akkodis Belgium itself is lower: 0.2% within 12 months. It rests on far more data about Akkodis Belgium than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 101 companies, not a prediction for Akkodis Belgium. 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.

Credit verdict

Credit of up to €220,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.93 (0.89 in 2024), below 1. Short-term debt is 88.8% and cash 8.8% of total assets. 88.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €2.5m (11.2% of total assets)
NBB · annual accounts
lowers risk · Profit of €1.8m (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: turnover €99.0m, 676.6 FTE, total assets €22.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 892 sector peers (2025).
NBB · sector comparison
Position among 892 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
29 days late
2023
6 days late
2022
98 days late
2021
87 days late
2020
16 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 58 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VV
Managing director, Serge Vandenhoudt
FB
Director, since 18-01-2024
QF
Director, since 01-08-2024
AB
ASDOR BV
Director, since 03-02-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435968478
New establishment in Herstal Rue du Fond des Fourches 21
Resignation: Dieke De Vrieze (director) General meeting of 26-08-2025 · Gazette deed
Appointment: Advisory Strategy Digital Organization and Reorganization BV (director) Permanent representative: Robert van der Eijk · General meeting of 07-05-2025 · Gazette deed
All 70 events

Comparable companies

same main activity, similar in size and age
Company
Akkodis Belgium Dilbeek €99.0m 4.3% 11.2% 676.6
ALTEN Belgium Sint-Gillis (bij-Brussel) €79.7m 10.2% 44.3% 717.6
Worley België Antwerp €67.9m 0.5% 46.7% 369.4
Engi Talents Kortrijk €40.5m 14.0% 21.7% 303.2
Elia Engineering Brussels €51.3m 4.8% 59.7% 284.6
Normec BTV Antwerp €48.3m 5.5% 40.2% 313.1
STUDIEBUREAU VOOR BOUWKUNDE EN EXPERTISES Sint-Niklaas €34.9m 10.3% 46.3% 210.5
-10%0%10%20%€20m€200m€2bnAkkodis BelgiumEBIT margin

Grey: the largest companies of the sector (architecture and engineering (NACE 71)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Akkodis Belgium: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €15m and €36m, founded between 1964 and 2000.

Official details

Source: KBO
Status
Active since 30-11-1988Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.231.415.4171140 Evere, since 01-09-2012
2.339.998.4051702 Dilbeek, since 01-01-2023and 2 others
Financial year end
31 December
Peppol
Reachable since 17-11-2025
Company details

Annual accounts 2025

€22.8m▼ 25.8%
Employeeson 31-12-2025
668▼ 2.3%
Filing
Filed on 20-07-2026, 11 days before the end of the filing period
Financials

Insights on Akkodis Belgium

Akkodis Belgium has existed since 1988. Turnover grew from €21.4m in 2008 to €99.0m in 2025 and staff from 238.3 to 676.6 full-time equivalents.

Solvency rose in 2025 from 2.5% to 11.2% because of the retained profit and lower debts.

Akka Switzerland holds all the shares. In 2024, three directors stepped down. In March 2023, the Official Gazette published the appointment of VDSS VOF as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Akkodis Belgium

What is the company number of Akkodis Belgium?
The company number of Akkodis Belgium is 0435.968.478. The VAT number is the same number with BE in front: BE 0435.968.478.
Where is Akkodis Belgium based?
The registered office is at Noordkustlaan 16B, 1702 Dilbeek.Company details
What does Akkodis Belgium do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of Akkodis Belgium?
Akkodis Belgium is a public limited company (NV).
When was Akkodis Belgium founded?
Akkodis Belgium was founded on 30-11-1988.
Is Akkodis Belgium still active?
Yes, Akkodis Belgium is an active enterprise in the KBO register.
How many employees does Akkodis Belgium have?
Akkodis Belgium had an average of 676.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Akkodis Belgium fall under?
In its 2025 annual accounts, Akkodis Belgium states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Akkodis Belgium?
The turnover of Akkodis Belgium was €99.0m in financial year 2025, according to the filed annual accounts.
Is Akkodis Belgium profitable?
In financial year 2025, Akkodis Belgium made a profit of €1.8m.
Where can I find the annual accounts of Akkodis Belgium?
Akkodis Belgium filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Akkodis Belgium due?
Akkodis Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.