Result
Back in profit in 2025, after a loss of €121,133 in 2024.
Back in profit in 2025, after a loss of €121,133 in 2024.
The accounts state no turnover.
Green is investment, beige is depreciation.
In 2025, 8 people joined and 4 left.
Seven of the last ten came late. The 2019 accounts came latest: 83 days after the end of the period.
More equity than 85% of companies in membership organisations. Sector median €617,301 · 749 companies.
The dashed line is the sector median: < 0.1% across 513 companies (NACE 94, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 94, small). It does better than 48% of them on solvency, 12% on liquidity, 59% on profitability and 51% 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).
In July 2024, 14,766 companies had the same profile as AKT For Wallonia has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AKT For Wallonia itself: < 0.1% within 12 months.
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.
| 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 14,766 companies, not a prediction for AKT For Wallonia. 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.
Liquidity is ample, with a current ratio of 2.35 (2.48 in 2024), above the usual 1.5. Short-term debt is 40.9% and cash 15.8% of total assets. 44.8% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AKT For Wallonia Namur | €7.1m | €3.8m | 55.2% | 39.8 |
| GS1 Belgium & Luxembourg Brussels | €6.8m | €5.5m | 84.1% | 46.9 |
| Neutraal Syndicaat voor Zelfstandigen Brussels | €8.6m | €2.8m | 93.9% | 37.9 |
| Orgalim - Europe's Technology Industries Brussels | €3.9m | €4.0m | 53.2% | 31.8 |
| Voka - Kamer van koophandel Mechelen-Kempen Geel | €14.8m | €4.8m | 70.4% | 47 |
| FEDERGON Brussels | €13.9m | €3.4m | 93.0% | 30.1 |
| FoodDrinkEurope Etterbeek | €5.5m | €3.0m | 66.1% | 21.5 |
These companies have the same main activity as AKT For Wallonia: activities of business and employers' organisations (NACE 94110). They are comparable in size and age: total assets between €3.9m and €15m, founded between 1964 and 1980.
AKT For Wallonia has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €92,315.
Equity has been stable since 2018 (±0.5% per year). Its solvency ranks better than 43% of 749 sector peers (NACE 94, financial year 2025).
The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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