AKTOR KNOWLEDGE TECHNOLOGY
ActiveFinancials · financial year 2024, full format, 2025 accounts filed
Annual accounts 2025 filed on 01-06-2026 PDF all 27 filings
The accounts were filed as a scan.
Turnover
€7.4m▼ 2.7%
2023 · €7.6m
EBIT margin
0.3%▼ 0.6pp
2023 · 0.9%
Net result
-€73,765
2023 · €171,857
Working capital
€924,938▲ 14.8%
2023 · €805,695
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
€7.4m
▼ 2.7%
2024
20182024
Operating result
€18,916
▼ 72.0%
2024
20182024
Net result
-€73,765
2024
lowest quarter of the sector
20182024
EBIT margin
0.3%
▼ 0.6pp
2024
20182024
Equity
€1.7m
▼ 4.1%
2024
middle half of the sector
20182024
Total assets
€2.9m
▼ 8.6%
2024
middle half of the sector
20182024
Debt
€1.1m
▼ 14.7%
2024
20182024
Working capital
€924,938
▲ 14.8%
2024
middle half of the sector
20182024
Solvency
60.7%
▲ 2.8pp
2024
middle half of the sector
20182024
Current ratio
2.00
▲ 0.30
2024
middle half of the sector
20182024
Return on assets (ROA)
-2.6%
▼ 8.1pp
2024
lowest quarter of the sector
20182024
Staff (FTE)
20.1
▼ 1.0%
2024
middle half of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€2.4m-€6.6m▲ 176%€6.3m▼ 5.7%€6.9m▲ 10.9%€7.3m▲ 5.5%€7.6m▲ 3.3%€7.4m▼ 2.7%
Operating result-€0.08m--€1.3m▼ 1,477%-€0.05m▲ 96.2%-€0.08m▼ 47.4%€0.05m€0.07m▲ 36.1%€0.02m▼ 72.0%
Net result-€0.2m--€1.5m▼ 884%-€0.1mbelow the sector's middle half▲ 91.9%-€0.1mbelow the sector's middle half▲ 10.9%-€0.08mbelow the sector's middle half▲ 24.8%€0.2mwithin the sector's middle half-€0.07mbelow the sector's middle half
EBIT margin-3.5%--20.2%▼ 16.6pp-0.8%▲ 19.3pp-1.1%▼ 0.3pp0.7%▲ 1.8pp0.9%▲ 0.2pp0.3%▼ 0.6pp
Equity€1.0m--€0.5m-€0.7mbelow the sector's middle half▼ 22.8%€0.2mwithin the sector's middle half€0.1mwithin the sector's middle half▼ 38.0%€1.8mwithin the sector's middle half▲ 13×€1.7mwithin the sector's middle half▼ 4.1%
Total assets€11.4m-€9.6m▼ 16.4%€9.7mabove the sector's middle half▲ 1.7%€8.1mabove the sector's middle half▼ 17.2%€8.1mabove the sector's middle half▲ 1.0%€3.1mwithin the sector's middle half▼ 61.6%€2.9mwithin the sector's middle half▼ 8.6%
Debt€10.5m-€10.1m▼ 3.6%€10.4m▲ 2.9%€7.8m▼ 24.6%€8.0m▲ 2.1%€1.3m▼ 83.6%€1.1m▼ 14.7%
Working capital-€2.8m--€2.7m▲ 2.1%-€2.5mbelow the sector's middle half▲ 5.7%-€1.3mbelow the sector's middle half▲ 49.0%-€1.2mbelow the sector's middle half▲ 10.3%€0.8mwithin the sector's middle half€0.9mwithin the sector's middle half▲ 14.8%
Solvency8.4%--5.7%▼ 14.1pp-6.9%below the sector's middle half▼ 1.2pp2.7%below the sector's middle half▲ 9.6pp1.7%below the sector's middle half▼ 1.1pp57.9%within the sector's middle half▲ 56.2pp60.7%within the sector's middle half▲ 2.8pp
Current ratio0.74-0.73=0.76below the sector's middle half▲ 0.020.83below the sector's middle half▲ 0.080.85below the sector's middle half▲ 0.021.70within the sector's middle half▲ 0.842.00within the sector's middle half▲ 0.30
Return on assets (ROA)-1.4%--16.1%▼ 14.7pp-1.3%within the sector's middle half▲ 14.8pp-1.4%within the sector's middle half▼ 0.1pp-1.0%within the sector's middle half▲ 0.4pp5.5%within the sector's middle half▲ 6.5pp-2.6%below the sector's middle half▼ 8.1pp
Staff (FTE)3.1-16.6▲ 435%17.1within the sector's middle half▲ 3.0%19.7within the sector's middle half▲ 15.2%20.5within the sector's middle half▲ 4.1%20.3within the sector's middle half▼ 1.0%20.1within the sector's middle half▼ 1.0%
above
within
below
The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). 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 operating result for 2024 is 72% lower than in 2023.
Large changes and their cause
- 2023 Equity +1,229% on 2022. Capital increase of €1,500,000 (Official Gazette 07-07-2023).
- 2020 Net result +92% on 2019. Merger absorbing Integration Point Belgium, effective 30-06-2019, in the previous financial year. That operation now counts for a full year for the first time.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets
€1.0m ▼ 13.3%
Current assets
€1.9m ▼ 5.8%
Equity and liabilities €2.9m
Equity
€1.7m ▼ 4.1%
Debt
€1.1m ▼ 14.7%
Debt's share of the balance-sheet total falls from 42.1% to 39.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€299,543▼
2023 · €324,486
Cash flow
€206,862▼
2023 · €428,837
Debt to equity
0.65▼
2023 · 0.73
ROE
-4.3%▼
2023 · 9.5%
Interest coverage
7.37▼
2023 · 22.59
Debt ≤ 1 year
€925,699▼
2023 · €1.2m
Income taxes
€110,770▲
2023 · -€74,630
Customer credit
15 days▼
2023 · 17 days
Staff costs
€2.9m▼
2023 · €3.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 20 | 22 | 21 | 22 |
| full-time | 17 | 19 | 18 | 17 |
| part-time | 3 | 3 | 3 | 5 |
| in full-time equivalents | 19.2 | 21.2 | 20.2 | 20.8 |
| Average over the year, in full-time equivalents | 19.7 | 20.5 | 20.3 | 20.1 |
| On a permanent contract | 20 | 22 | 21 | 22 |
| Joined | 2 | 3 | 5 | 4 |
| Left | 1 | 1 | 6 | 3 |
| Training hours | 120 | 175 | 99 | 352 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Tangible fixed assets | €155,190 | - | €6,123 | €49,147 | - |
| Intangible fixed assets | - | - | - | - | €128,578 |
| Depreciation and write-downs of the year | €411,425 | €271,741 | €264,521 | €256,980 | €280,627 |
Source: notes to the 2019 to 2024 annual accounts (statement of fixed assets)
Auditor
| Item | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Fee for the audit | €24,398 | €35,000 | €35,000 | €35,000 | €35,000 |
| Other work by the auditor | - | €1,000 | - | - | - |
| Work by persons linked to the auditor | - | - | €7,000 | - | €8,835 |
Source: notes to the 2019 to 2024 annual accounts (relations with the auditor)
Subsidies and aid
European Union, budget
2025 · 1 entry · €37,092 in totalProjects
SUBSCRIPTION TO REUTERS NEWSWIRE
Public contracts
7 awards · 2021 to 2024
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Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | €6.7m | - | €6.9m | €7.3m | €7.6m | €7.4m | ▼ 2.7% |
| Turnover70 | €2.4m | €6.6m | €6.3m | €6.9m | €7.3m | €7.6m | €7.4m | ▼ 2.7% |
| Other operating income74 | - | - | - | - | €0.03m | - | - | - |
| Non-recurring operating income76A | - | €0.07m | - | - | - | - | - | - |
| Operating charges60/66A | - | €8.0m | - | €7.0m | €7.3m | €7.5m | €7.3m | ▼ 2.1% |
| Services and other goods61 | - | €3.6m | - | €4.1m | €4.1m | €4.2m | €4.1m | ▼ 2.7% |
| Remuneration, social security and pensions62 | - | €2.8m | - | €2.6m | €2.9m | €3.0m | €2.9m | ▼ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 9.2% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.009m | €0.03m | €0.01m | ▼ 56.4% |
| Non-recurring operating charges66A | - | €1.3m | - | - | - | - | - | - |
| Operating profit (loss)9901 | -€0.08m | -€1.3m | -€0.05m | -€0.08m | €0.05m | €0.07m | €0.02m | ▼ 72.0% |
| Financial income75/76B | - | €0.02m | - | €0.03m | €0.01m | €0.04m | €0.06m | ▲ 39.4% |
| Recurring financial income75 | - | €0.02m | €0.02m | €0.03m | €0.01m | €0.04m | €0.06m | ▲ 39.4% |
| Income from current assets751 | - | €0.01m | - | €0.005m | - | €0.02m | €0.06m | ▲ 156% |
| Other financial income752/9 | - | €0.009m | - | €0.03m | €0.01m | €0.02m | - | - |
| Financial charges65/66B | - | €0.04m | - | €0.04m | €0.05m | €0.01m | €0.04m | ▲ 202% |
| Recurring financial charges65 | €0.007m | €0.04m | €0.03m | €0.04m | €0.05m | €0.01m | €0.04m | ▲ 202% |
| Debt charges650 | €0.007m | €0.04m | €0.03m | €0.04m | €0.02m | €0.01m | €0.04m | ▲ 183% |
| Other financial charges652/9 | - | - | - | - | €0.02m | - | €0.003m | - |
| Profit (loss) for the period before taxes9903 | -€0.09m | -€1.4m | -€0.07m | -€0.09m | €0.02m | €0.1m | €0.04m | ▼ 61.9% |
| Income taxes67/77 | €0.06m | €0.2m | €0.06m | €0.02m | €0.1m | -€0.07m | €0.1m | - |
| Taxes670/3 | - | €0.2m | - | €0.02m | €0.1m | €0.1m | €0.1m | ▼ 17.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €0.2m | - | - |
| Profit (loss) for the period9904 | -€0.2m | -€1.5m | -€0.1m | -€0.1m | -€0.08m | €0.2m | -€0.07m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | -€1.5m | -€0.1m | -€0.1m | -€0.08m | €0.2m | -€0.07m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11.4m | €9.6m | €9.7m | €8.1m | €8.1m | €3.1m | €2.9m | ▼ 8.6% |
| Fixed assets21/28 | €3.7m | €2.2m | €1.9m | €1.6m | €1.3m | €1.2m | €1.0m | ▼ 13.3% |
| Intangible fixed assets21 | €3.7m | €2.0m | €1.8m | €1.6m | €1.3m | €1.1m | €1.0m | ▼ 11.0% |
| Tangible fixed assets22/27 | €0.002m | €0.1m | €0.08m | €0.04m | €0.02m | €0.05m | €0.02m | ▼ 68.9% |
| Plant, machinery and equipment23 | - | €0.02m | - | €0.004m | €0.006m | €0.008m | €0.004m | ▼ 55.5% |
| Furniture and vehicles24 | - | - | - | - | - | - | €0.004m | - |
| Other tangible fixed assets26 | - | €0.09m | - | €0.04m | €0.01m | - | €0.006m | - |
| Assets under construction and advance payments27 | - | €0.02m | - | - | - | €0.04m | €0.002m | ▼ 95.8% |
| Financial fixed assets28 | - | - | - | - | - | €0.02m | €0.02m | = |
| Other financial fixed assets284/8 | - | - | - | - | - | €0.02m | €0.02m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | €0.02m | €0.02m | = |
| Current assets29/58 | €7.7m | €7.4m | €7.9m | €6.5m | €6.8m | €2.0m | €1.9m | ▼ 5.8% |
| Amounts receivable within one year40/41 | €7.4m | €7.2m | €7.8m | €6.5m | €6.8m | €2.0m | €1.9m | ▼ 5.8% |
| Trade receivables40 | - | €0.8m | - | €0.4m | €0.5m | €0.3m | €0.3m | ▼ 10.3% |
| Other amounts receivable41 | - | €6.5m | - | €6.1m | €6.3m | €1.6m | €1.5m | ▼ 4.8% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | - | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11.4m | €9.6m | €9.7m | €8.1m | €8.1m | €3.1m | €2.9m | ▼ 8.6% |
| Equity10/15 | €1.0m | -€0.5m | -€0.7m | €0.2m | €0.1m | €1.8m | €1.7m | ▼ 4.1% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €1.6m | €1.6m | = |
| Capital10 | - | €0.3m | - | €0.4m | €0.4m | €1.6m | €1.6m | = |
| Issued capital100 | - | €0.3m | - | €0.4m | €0.4m | €1.6m | €1.6m | = |
| Uncalled capital101 | - | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.7m | -€0.8m | -€1.0m | -€0.2m | -€0.3m | €0.2m | €0.1m | ▼ 42.9% |
| Amounts payable17/49 | €10.5m | €10.1m | €10.4m | €7.8m | €8.0m | €1.3m | €1.1m | ▼ 14.7% |
| Amounts payable within one year42/48 | €10.5m | €10.1m | €10.4m | €7.8m | €8.0m | €1.2m | €0.9m | ▼ 20.1% |
| Current portion of amounts payable after more than one year42 | - | €3.8m | - | €0.9m | - | - | - | - |
| Financial debts43 | - | - | - | - | €1.1m | - | - | - |
| Other loans439 | - | - | - | - | €1.1m | - | - | - |
| Trade debts44 | €0.4m | €0.3m | €0.4m | €0.5m | €0.3m | €0.2m | €0.1m | ▼ 33.2% |
| Suppliers440/4 | - | €0.3m | - | €0.5m | €0.3m | €0.2m | €0.1m | ▼ 33.2% |
| Taxes, remuneration and social security45 | - | €5.9m | - | €6.0m | €6.3m | €1.0m | €0.8m | ▼ 16.4% |
| Taxes450/3 | - | €5.6m | - | €5.4m | €5.5m | €0.2m | €0.1m | ▼ 45.6% |
| Remuneration and social security454/9 | - | €0.3m | - | €0.6m | €0.8m | €0.7m | €0.7m | ▼ 8.3% |
| Other amounts payable47/48 | - | €0.2m | - | €0.4m | €0.2m | €0.05m | €0.03m | ▼ 48.5% |
| Accrued charges and deferred income492/3 | - | €0.003m | - | €0.08m | €0.04m | €0.2m | €0.2m | ▲ 25.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | -€1.5m | -€0.1m | -€0.1m | -€0.08m | €0.2m | -€0.07m | - |
| + Depreciation and write-downs630 | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 9.2% |
| Operating cash flow (approximation) | €0.008m | -€1.1m | €0.1m | €0.2m | €0.2m | €0.4m | €0.2m | ▼ 51.8% |
| Investment in fixed assets (approximation) | - | €1.2m | €0.01m | €0.004m | -€0.006m | -€0.07m | -€0.1m | ▼ 71.9% |
| Change in cash | - | -€0.1m | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as AKTOR KNOWLEDGE TECHNOLOGY has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AKTOR KNOWLEDGE TECHNOLOGY itself is higher: 1.4% within 12 months. It rests on far more data about AKTOR KNOWLEDGE TECHNOLOGY than the profile alone.
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.
| 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 8,617 companies, not a prediction for AKTOR KNOWLEDGE TECHNOLOGY. 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.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 01-06-2026 | 2026-00135216 | |
| 31-12-2024 | full format | 24-06-2025 | 2025-00169018 | |
| 31-12-2023 | full format | 09-07-2024 | 2024-00224800 | |
| 31-12-2022 | full format | 20-06-2023 | 2023-00138347 | |
| 31-12-2021 | full format | 01-06-2022 | 2022-20040975 | |
| 31-12-2020 | full format | 20-12-2021 | 2021-81300494 | |
| 31-12-2019 | full format | 27-10-2021 | 2021-73800413 | |
| 31-12-2018 | full format | 20-12-2019 | 2019-77100028 | |
| 31-12-2017 | full format | 17-05-2018 | 2018-13400134 | |
| 31-12-2016 | full format | 30-06-2017 | 2017-25600208 |