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AKROBEL

Active
Private limited companyfounded 2008active for 18 yearsLiersesteenweg 161, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0807.010.306

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 15-04-2026 PDF all 17 filings

Turnover
≈ €220,000
Estimated: probably between €110,000 and €380,000
Total assets
€122,908▲ 45.3%
2024 · €84,608
Net result
€29,020▲ 118%
2024 · €13,313
Working capital
€107,586▲ 36.1%
2024 · €79,075
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 122% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Operating result€43,355 2025 Net result€29,020 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€10,046-€21,392▲ 113%€21,631▲ 1.1%€20,121▼ 7.0%€19,833▼ 1.4%€19,561▼ 1.4%€43,355▲ 122%
Net result€10,130-€15,037within the sector's middle half▲ 48.4%€14,474within the sector's middle half▼ 3.7%€13,469within the sector's middle half▼ 6.9%€13,629within the sector's middle half▲ 1.2%€13,313within the sector's middle half▼ 2.3%€29,020above the sector's middle half▲ 118%
Equity€9,752-€24,789below the sector's middle half▲ 154%€39,263below the sector's middle half▲ 58.4%€52,732below the sector's middle half▲ 34.3%€66,361within the sector's middle half▲ 25.8%€79,674within the sector's middle half▲ 20.1%€108,695within the sector's middle half▲ 36.4%
Total assets€138,558-€155,682below the sector's middle half▲ 12.4%€92,577below the sector's middle half▼ 40.5%€65,903below the sector's middle half▼ 28.8%€72,884within the sector's middle half▲ 10.6%€84,608within the sector's middle half▲ 16.1%€122,908within the sector's middle half▲ 45.3%
Debt€128,806-€130,894▲ 1.6%€53,314▼ 59.3%€13,171▼ 75.3%€6,522▼ 50.5%€4,934▼ 24.3%€14,214▲ 188%
Working capital€9,555-€25,136within the sector's middle half▲ 163%€39,263within the sector's middle half▲ 56.2%€53,080within the sector's middle half▲ 35.2%€65,499within the sector's middle half▲ 23.4%€79,075within the sector's middle half▲ 20.7%€107,586above the sector's middle half▲ 36.1%
Solvency7.0%-15.9%below the sector's middle half▲ 8.9pp42.4%within the sector's middle half▲ 26.5pp80.0%above the sector's middle half▲ 37.6pp91.1%above the sector's middle half▲ 11.0pp94.2%above the sector's middle half▲ 3.1pp88.4%above the sector's middle half▼ 5.7pp
Current ratio1.07-1.19within the sector's middle half▲ 0.121.74within the sector's middle half▲ 0.545.14above the sector's middle half▲ 3.4011.67above the sector's middle half▲ 6.5318.39above the sector's middle half▲ 6.728.79above the sector's middle half▼ 9.60
Return on assets (ROA)7.3%-9.7%within the sector's middle half▲ 2.3pp15.6%above the sector's middle half▲ 6.0pp20.4%above the sector's middle half▲ 4.8pp18.7%above the sector's middle half▼ 1.7pp15.7%above the sector's middle half▼ 3.0pp23.6%above the sector's middle half▲ 7.9pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122,908
Fixed assets €1,508 ▲ 52.9%
Current assets €121,400 ▲ 45.2%
Equity and liabilities €122,908
Equity €108,695 ▲ 36.4%
Debt €14,214 ▲ 188%
Debt's share of the balance-sheet total rises from 5.8% to 11.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,637▲
2024 · €19,821
Cash flow
€29,303▲
2024 · €13,573
Quick ratio
7.00▼
2024 · 13.43
Debt to equity
0.13▲
2024 · 0.06
ROE
26.7%▲
2024 · 16.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€13,814▲
2024 · €4,547
Income taxes
€14,279▲
2024 · €6,213
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets-€1,300-€804
Depreciation and write-downs of the year-€53€260€282

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as AKROBEL: retail sale of pets, pet food and pet supplies (NACE 47762). They are comparable in size and age: total assets between €120,000 and €164,000, founded between 2000 and 2012.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
AKROBEL Heist-op-den-Berg2008€122,908€108,695€44,157€29,0202025
Casper Brasschaat2012€133,728-€269,735€63,268€41,4782025
ANIMAL STORE Braine-l'Alleud2009€153,551-€19,915€47,674€2,5782025
D'NA Blankenberge2010€163,779-€48,576€35,474-€6,2742025
W & M Projects and Stables Asse2000€119,773€17,283€40,923€9,5952025
W.K. ANIMALS Arendonk2012€120,586€47,651€27,773€3,5762025
KONIAGA Grobbendonk2009€161,570€45,173€92,550€25,7092025

They were chosen from the 500 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as AKROBEL has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of AKROBEL itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 34,693 companies, not a prediction for AKROBEL. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 (PDF), filed on 15-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€84,608€122,908▲
Fixed assets21/28€987€1,508▲
Tangible fixed assets22/27€987€1,508▲
Plant, machinery and equipment23€987€727▼
Furniture and vehicles24-€782
Current assets29/58€83,622€121,400▲
Stocks and contracts in progress3€22,536€24,639▲
Stocks30/36€22,536€24,639▲
Amounts receivable within one year40/41€14,098€6,554▼
Trade receivables40€14,098€6,554▼
Cash at bank and in hand54/58€46,988€90,207▲
Equity and liabilities
Total equity and liabilities10/49€84,608€122,908▲
Equity10/15€79,674€108,695▲
Contributions10/11€18,600€18,600=
Reserves13€61,074€90,095▲
Distributable reserves133€61,074€90,095▲
Amounts payable17/49€4,934€14,214▲
Amounts payable within one year42/48€4,547€13,814▲
Trade debts44€279€1,745▲
Suppliers440/4€279€1,745▲
Taxes, remuneration and social security45€3,601€11,438▲
Taxes450/3€3,601€11,438▲
Other amounts payable47/48€667€631▼
Accrued charges and deferred income492/3€387€400▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€260€282▲
Other operating charges640/8€505€520▲
Gross operating margin9900€20,327€44,157▲
Operating profit (loss)9901€19,561€43,355▲
Financial income75/76B€157€151▼
Recurring financial income75€157€151▼
Financial charges65/66B€193€206▲
Recurring financial charges65€193€206▲
Profit (loss) for the period before taxes9903€19,525€43,300▲
Income taxes67/77€6,213€14,279▲
Profit (loss) for the period9904€13,313€29,020▲
Profit (loss) for the period to be appropriated9905€13,313€29,020▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,313€29,020▲
Transfer to equity691/2€13,313€29,020▲
To other reserves6921€13,313€29,020▲

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€475€198--€53€260€282▲ 8.6%
Other operating charges640/8---€450€493€505€520▲ 2.8%
Gross operating margin9900€10,967€22,037€22,079€20,570€20,380€20,327€44,157▲ 117%
Operating profit (loss)9901€10,046€21,392€21,631€20,121€19,833€19,561€43,355▲ 122%
Financial income75/76B---€350€426€157€151▼ 3.8%
Recurring financial income75€168€305€242€350€426€157€151▼ 3.8%
Financial charges65/66B---€261€257€193€206▲ 6.8%
Recurring financial charges65€84€122€162€261€257€193€206▲ 6.8%
Profit (loss) for the period before taxes9903€10,130€21,575€21,710€20,209€20,003€19,525€43,300▲ 122%
Income taxes67/77-€6,539€7,236€6,740€6,373€6,213€14,279▲ 130%
Profit (loss) for the period9904€10,130€15,037€14,474€13,469€13,629€13,313€29,020▲ 118%
Profit (loss) for the period to be appropriated9905€10,130€15,037€14,474€13,469€13,629€13,313€29,020▲ 118%
Line2019202020212022202320242025Change
Assets
Total assets20/58€138,558€155,682€92,577€65,903€72,884€84,608€122,908▲ 45.3%
Fixed assets21/28€198---€1,247€987€1,508▲ 52.9%
Tangible fixed assets22/27€198---€1,247€987€1,508▲ 52.9%
Plant, machinery and equipment23----€1,247€987€727▼ 26.4%
Furniture and vehicles24------€782-
Current assets29/58€138,361€155,682€92,577€65,903€71,637€83,622€121,400▲ 45.2%
Stocks and contracts in progress3€61,972€40,452€23,177€33,719€25,504€22,536€24,639▲ 9.3%
Stocks30/36---€33,719€25,504€22,536€24,639▲ 9.3%
Amounts receivable within one year40/41€51,212€46,588€19,869€8,978€9,742€14,098€6,554▼ 53.5%
Trade receivables40---€8,978€9,742€14,098€6,554▼ 53.5%
Cash at bank and in hand54/58€25,177€68,642€49,530€23,206€36,391€46,988€90,207▲ 92.0%
Equity and liabilities
Total equity and liabilities10/49€138,558€155,682€92,577€65,903€72,884€84,608€122,908▲ 45.3%
Equity10/15€9,752€24,789€39,263€52,732€66,361€79,674€108,695▲ 36.4%
Contributions10/11€18,600--€18,600€18,600€18,600€18,600=
Reserves13-€6,189€20,663€34,132€47,761€61,074€90,095▲ 47.5%
Distributable reserves133---€34,132€47,761€61,074€90,095▲ 47.5%
Profit (loss) carried forward14-€8,848-------
Amounts payable17/49€128,806€130,894€53,314€13,171€6,522€4,934€14,214▲ 188%
Amounts payable within one year42/48€128,806€130,546€53,314€12,824€6,138€4,547€13,814▲ 204%
Trade debts44€3,253€275€2,411€1,319€348€279€1,745▲ 526%
Suppliers440/4---€1,319€348€279€1,745▲ 526%
Taxes, remuneration and social security45---€10,837€5,122€3,601€11,438▲ 218%
Taxes450/3---€10,837€5,122€3,601€11,438▲ 218%
Other amounts payable47/48---€667€667€667€631▼ 5.4%
Accrued charges and deferred income492/3---€348€384€387€400▲ 3.2%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€10,130€15,037€14,474€13,469€13,629€13,313€29,020▲ 118%
+ Depreciation and write-downs630€475€198--€53€260€282▲ 8.6%
Operating cash flow (approximation)€10,605€15,234€14,474€13,469€13,683€13,573€29,303▲ 116%
Investment in fixed assets (approximation)-----€0-€804-
Change in cash-€43,465-€19,112-€26,325€13,185€10,597€43,219▲ 308%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 15-04-2026 2026-00081015 PDF
30-09-2024 micro format 11-03-2025 2025-00048943 PDF
30-09-2023 micro format 18-03-2024 2024-00047352 PDF
30-09-2022 abbreviated format 06-03-2023 2023-00037666 PDF
30-09-2021 abbreviated format 07-03-2022 2022-07400061 PDF
30-09-2020 abbreviated format 08-03-2021 2021-07200024 PDF
30-09-2019 abbreviated format 23-03-2020 2020-07400195 PDF
30-09-2018 abbreviated format 05-03-2019 2019-06500303 PDF
30-09-2017 micro format 23-03-2018 2018-07700162 PDF
30-09-2016 abbreviated format 30-03-2017 2017-07900434 PDF

Show all 17 filings

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