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AKSI

Active
Private limited companyfounded 2025active for 1 yearParelsbergstraat 61, 3290 Diest, BelgiumKBO/BCE: BE 1024.693.449

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 02-06-2026 at the NBB

Turnover
≈ €300,000
Estimated: probably between €220,000 and €430,000
Total assets
€93,423
Net result
€53,854
Working capital
€63,723

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €93,423
Fixed assets €8,531
Current assets €84,891
Equity and liabilities €93,423
Equity €66,854
Debt €26,569
Debt's share of the balance-sheet total is 28.4%.
Key figures and ratios
2025 value
EBITDA
€74,847
Cash flow
€54,500
Current ratio
4.01
Debt to equity
0.40
ROE
80.6%
ROA
57.6%
Interest coverage
over 100
Debt ≤ 1 year
€21,169
Income taxes
€20,283

Investments

fixed assets acquired
Item2025
Tangible fixed assets€9,178
Depreciation and write-downs of the year€646

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

Comparable companies

These companies have the same main activity as AKSI: specialised construction activities (NACE 43223). They are comparable in size and age: total assets between €74,300 and €126,000, founded in 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
AKSI Diest2025€93,423€66,854€75,247€53,8542025
MAISON CEDRIC Courcelles2025€84,703€65,743€84,498€62,7432025
RDB Technics Roosdaal2025€93,400€43,386€55,590€40,8862025
AQUA SALVA Modave2025€125,954€58,587€75,650€48,5872025
Baras Chauffage/Sanitaire Courcelles2025€91,715€83,480€119,640€81,9802025
Guiot Xavier Gembloux2025€107,717€26,801€37,835€23,3012026
HELAS CHAUFFAGE Andenne2025€74,282€29,170€36,478€26,1702025

They were chosen from the 122 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, 11,279 companies had the same profile as AKSI has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

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

Test of the method

The method was tested on the 497,446 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 11,279 companies, not a prediction for AKSI. 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 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 02-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€93,423
Fixed assets21/28€8,531
Tangible fixed assets22/27€8,531
Plant, machinery and equipment23€4,113
Furniture and vehicles24€4,419
Current assets29/58€84,891
Amounts receivable within one year40/41€16,496
Trade receivables40€16,387
Other amounts receivable41€109
Cash at bank and in hand54/58€68,395
Equity and liabilities
Total equity and liabilities10/49€93,423
Equity10/15€66,854
Contributions10/11€13,000
Reserves13€53,854
Distributable reserves133€53,854
Amounts payable17/49€26,569
Amounts payable within one year42/48€21,169
Trade debts44€361
Suppliers440/4€361
Taxes, remuneration and social security45€20,808
Taxes450/3€20,808
Accrued charges and deferred income492/3€5,400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€646
Other operating charges640/8€400
Gross operating margin9900€75,247
Operating profit (loss)9901€74,201
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903€74,137
Income taxes67/77€20,283
Profit (loss) for the period9904€53,854
Profit (loss) for the period to be appropriated9905€53,854
Appropriation of the result
Profit (loss) to be appropriated9906€53,854
Transfer to equity691/2€53,854
To other reserves6921€53,854

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€646
Other operating charges640/8€400
Gross operating margin9900€75,247
Operating profit (loss)9901€74,201
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903€74,137
Income taxes67/77€20,283
Profit (loss) for the period9904€53,854
Profit (loss) for the period to be appropriated9905€53,854
Line2025
Assets
Total assets20/58€93,423
Fixed assets21/28€8,531
Tangible fixed assets22/27€8,531
Plant, machinery and equipment23€4,113
Furniture and vehicles24€4,419
Current assets29/58€84,891
Amounts receivable within one year40/41€16,496
Trade receivables40€16,387
Other amounts receivable41€109
Cash at bank and in hand54/58€68,395
Equity and liabilities
Total equity and liabilities10/49€93,423
Equity10/15€66,854
Contributions10/11€13,000
Reserves13€53,854
Distributable reserves133€53,854
Amounts payable17/49€26,569
Amounts payable within one year42/48€21,169
Trade debts44€361
Suppliers440/4€361
Taxes, remuneration and social security45€20,808
Taxes450/3€20,808
Accrued charges and deferred income492/3€5,400
Line2025
Profit (loss) for the period9904€53,854
+ Depreciation and write-downs630€646
Operating cash flow (approximation)€54,500

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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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 02-06-2026 2026-00131853 NBB

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