AKRB Solutions

Active

Private limited companyfounded 20214 yrs activeParnassusgaarde 12, 1050 Elsene, BelgiumKBO/BCE: BE 0775.333.470

The computed 12-month bankruptcy probability of AKRB Solutions is 2.2% (moderate). For AKRB Solutions, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €37k and a net result of €-12k. Its solvency ranks better than 51% of 1536 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Axes, FY 2023 · tick = 2022

Profitability56▼-44

Solvency67▼-33

Growth55

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2023

Solvency, return and age of the figures

Solvency

42%

Return on assets

-13.8%

Age of the figures

33 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 2 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline22-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-10-2024, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

92 d late

2022

610 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2023, full schema

Turnover

€163k▲ 42.7%

2022 · €114k

2022: €114k

2022 → 2023

EBIT margin

0.3%▼ 40.3pp

2022 · 40.6%

2022: 40.6%

2022 → 2023

Net result

€-12k

2022 · €46k

2022: €46k

2022 → 2023

Working capital

€171▼ 99.6%

2022 · €48k

2022: €48k

2022 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20222023Trend

Turnover€114k-€163k▲ 42.7%

Equity€49k-€37k▼ 24.7%

Operating result€46k-€479▼ 99.0%

Net result€46k-€-12k

Result per fiscal year

Operating resultNet result

The operating result falls in 2023; 2023 is 99% below 2022.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €88k

41.9%

58.1%

Fixed assets €37k▲ 2,629%

Current assets €51k▼ 11.1%

Equity and liabilities €88k

42.0%

58.0%

Equity €37k▼ 24.7%

Debt €51k▲ 421%

The debt ratio rises from 16.6% to 58.0%. Equity is lower and debt is higher.

Key figures and ratios

2023 value · change against 2022

EBITDA

€19k▼

2022 · €47k

Cash flow

€6k▼

2022 · €47k

Solvency

42.0%▼

2022 · 83.4%

Current ratio

1.00▼

2022 · 5.88

Quick ratio

1.00▼

2022 · 5.88

Debt / equity

1.38▲

2022 · 0.20

ROE

-32.8%▼

2022 · 94.5%

ROA

-13.8%▼

2022 · 78.8%

Interest coverage

18.82▲

2022 · -20975.96

Debt

€51k▲

2022 · €10k

Debt ≤ 1 year

€51k▲

2022 · €10k

Income taxes

€12k

Staff costs

€115k▲

2022 · €44k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€59k€88k▲

Fixed assets21/28€1k€37k▲

Tangible fixed assets22/27€1k€37k▲

Furniture and vehicles24€1k€37k▲

Financial fixed assets28€100€100=

Current assets29/58€58k€51k▼

Amounts receivable within one year40/41€13k€26k▲

Trade receivables40€13k€25k▲

Other amounts receivable41€126€898▲

Cash at bank and in hand54/58€44k€25k▼

Deferred charges and accrued income490/1€964€865▼

Equity and liabilities

Total equity and liabilities10/49€59k€88k▲

Equity10/15€49k€37k▼

Contributions10/11€3k€3k=

Capital10€3k€3k=

Issued capital100€3k€3k=

Profit (loss) carried forward14€46k€34k▼

Amounts payable17/49€10k€51k▲

Amounts payable within one year42/48€10k€51k▲

Trade debts44€4k€18k▲

Suppliers440/4€4k€18k▲

Taxes, remuneration and social security45€6k€33k▲

Taxes450/3€354€10k▲

Remuneration and social security454/9€6k€23k▲

Other amounts payable47/48€343-

Income statement Code20222023

Turnover70€114k€163k▲

Goods, raw materials, services and sundry goods60/61€24k€29k▲

Remuneration, social security and pensions62€44k€115k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€586€18k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€150-

Other operating charges640/8-€5k

Gross operating margin9900€91k€139k▲

Operating profit (loss)9901€46k€479▼

Financial income75/76B€10-

Recurring financial income75€10-

Financial charges65/66B€-2€1k▲

Recurring financial charges65€-2€1k▲

Profit (loss) for the period before taxes9903€46k€-528▼

Income taxes67/77-€12k

Profit (loss) for the period9904€46k€-12k▼

Profit (loss) for the period to be appropriated9905€46k€-12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€46k€34k▼

Profit (loss) brought forward from the previous period14P-€46k

Social balance

Average headcount (FTE)9087-1.0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

01-04

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 610 days late

2024

31-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 92 days late

NBB filing

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, Elsene · 2 establishment units since 2022

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Parnassusgaarde 121050 Elsene

Ground area

1.4 ha

Building footprint

773 m²

Volume, LiDAR

17,993 m³

2 parcels, Brussels, Flanders · tallest building 31.0 m, ±9 floors. Linked by address, not a title deed.

2 establishment units

AKRB Solutions

Egenhovenweg 45, 3001 LeuvenComputer programming, consultancy and related activities

since 20222.328.370.182

AKRB Solutions

Parnassusgaarde 12, 1050 ElseneComputer programming, consultancy and related activities

since 20222.329.240.115

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21442A0012/00Y000 ProtectedMonumentHerenhuis Baron BuffinSource ↗	Brussels	9,313 m²	1 · 551 m²	30.9 m · 9 fl.
24432D0070/00A002	Flanders	4,866 m²	1 · 222 m²	23.7 m · 7 fl.