AKU
ActiveSummary
The computed 12-month bankruptcy probability of AKU is 1.7% (moderate). The 2025 annual accounts show equity of €196k and a net result of €51k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 1517 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-7
Solvency52▼-3
Growth52=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.61 in 2024; short-term debt: 26.3% and cash: 5.7% of total assets), but 72.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.2%
Return on assets
7.1%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-05-2026, 15 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
15 d late
2024
5 d late
2023
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€196k▲ 35.4%
2024 · €145k
2023: €84k
2024: €145k
2023 → 2025
Total assets
€724k▲ 50.7%
2024 · €480k
2023: €266k
2024: €480k
2023 → 2025
Net result
€51k▼ 16.2%
2024 · €61k
2023: €74k
2024: €61k
2023 → 2025
Working capital
€184k▲ 69.2%
2024 · €109k
2023: €-42k
2024: €109k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€84k-€145k▲ 73.2%€196k▲ 35.4%
Operating result€102k-€100k▼ 1.8%€73k▼ 27.5%
Net result€74k-€61k▼ 16.9%€51k▼ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724k
Fixed assets
€350k ▲ 80.7%
Current assets
€374k ▲ 30.4%
Equity and liabilities €724k
Equity
€196k ▲ 35.4%
Debt
€527k ▲ 57.3%
Debt's share of the balance-sheet total rises from 69.8% to 72.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154k▼
2024 · €157k
Cash flow
€133k▲
2024 · €118k
Current ratio
1.97▲
2024 · 1.61
Quick ratio
1.18▲
2024 · 0.76
Debt to equity
2.68▲
2024 · 2.31
ROE
26.1%▼
2024 · 42.2%
ROA
7.1%▼
2024 · 12.8%
Interest coverage
64.95▼
2024 · 92.68
Debt ≤ 1 year
€190k▲
2024 · €178k
Debt > 1 year
€246k▲
2024 · €152k
Income taxes
€19k▼
2024 · €37k
Staff costs
€48k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€480k€724k▲
Fixed assets21/28€194k€350k▲
Tangible fixed assets22/27€188k€342k▲
Plant, machinery and equipment23€165k€316k▲
Furniture and vehicles24€23k€26k▲
Financial fixed assets28€6k€8k▲
Current assets29/58€287k€374k▲
Stocks and contracts in progress3€151k€151k=
Stocks30/36€151k€151k=
Amounts receivable within one year40/41€111k€172k▲
Trade receivables40€111k€172k▲
Cash at bank and in hand54/58€24k€42k▲
Deferred charges and accrued income490/1€465€10k▲
Equity and liabilities
Total equity and liabilities10/49€480k€724k▲
Equity10/15€145k€196k▲
Contributions10/11€10k€10k=
Reserves13€130k€180k▲
Distributable reserves133€130k€180k▲
Profit (loss) carried forward14€5k€6k▲
Amounts payable17/49€335k€527k▲
Amounts payable after more than one year17€152k€246k▲
Financial debts170/4€152k€246k▲
Amounts payable within one year42/48€178k€190k▲
Current portion of amounts payable after more than one year42€53k€77k▲
Trade debts44€22k€6k▼
Suppliers440/4€22k€6k▼
Taxes, remuneration and social security45€64k€53k▼
Taxes450/3€54k€39k▼
Remuneration and social security454/9€10k€14k▲
Other amounts payable47/48€39k€54k▲
Accrued charges and deferred income492/3€5k€91k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€21k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€82k▲
Other operating charges640/8€7k€8k▲
Non-recurring operating charges66A-€388
Gross operating margin9900€185k€211k▲
Operating profit (loss)9901€100k€73k▼
Financial income75/76B€130€85▼
Recurring financial income75€130€85▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€99k€70k▼
Income taxes67/77€37k€19k▼
Profit (loss) for the period9904€61k€51k▼
Profit (loss) for the period to be appropriated9905€61k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€56k▼
Profit (loss) brought forward from the previous period14P€4k€5k▲
Transfer to equity691/2€60k€50k▼
To other reserves6921€60k€50k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
30-09
Financial
Weakest financial yearnet €51k ▼16.2%
Net result drops to €51k, the lowest in the series.
30-09
Financial
Equity above €150kEq €196k ▲35.4%
3 profitable years in a row build equity to €196k.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-09
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.71 to 1.61.
30-09
Financial
Equity above €100kEq €145k ▲73.2%
2 profitable years in a row build equity to €145k.
07-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Halle · 1 establishment unit since 2022
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.
Kasteelstraat 331500 HalleGround area
5,913 m²
Building footprint
1,173 m²
Volume, LiDAR
7,076 m³
2 parcels, Flanders, Wallonia · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AKU
since 20222.335.901.837
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0608/00P000 | Wallonia | 5,701 m² | 1 · 1,089 m² | 6.8 m · 2 fl. |
| 23412K0128/00W005 | Flanders | 213 m² | 1 · 83 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 357 EUR awarded · 357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 357 EUR | 357 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 881 companies in sector 77229 we hold annual accounts for 319. 248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2022
Fiscal year end30-09
Activities, NACEBEL 2025
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.aku-soundsystem.com
E-mail:info@aku-soundsystem.com