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AKV CONCEPT

Active
Private limited companyfounded 201016 yrs activeChaussée de Marche(JB) 335, 5100 Namur, BelgiumKBO/BCE: BE 0827.743.461
Summary

The computed 12-month bankruptcy probability of AKV CONCEPT is 2.2% (moderate). The annual accounts of AKV CONCEPT for fiscal year 2024 show a net loss of 53% of total assets and of 59% of the equity at the start of that year. The 2024 annual accounts show equity of €11,728 and a net result of -€16,888. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 9972 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
How big
€31,651total assets 2024
Equity
€11,728
Loss
-€16,888
Financially healthy?
51 Fair Checked score 2024
Bankruptcy chance 12 m
2.2%
Who decides
Accounts 63 d overdue0 of 6 deeds read
Why 51- Figures for FY 2024 (filed 16-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 43 days late; 1 of the last 3 late+ Founded in 2010+ Size: total assets €31,651Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 21% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 62-22
equity 37.1% of total assets
Liquidity 31-8
short-term debt 62.8% · cash 11.4%
Profitability 0-84
return on assets -53.4%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,149 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%▼ -1.2% vs 12-2024lowest value 02-2025: 0.6%● 0.0% vs 01-2025lowest value 03-2025: 0.6%● 0.0% vs 02-2025lowest value 04-2025: 0.6%▲ +8.3% vs 03-2025 05-2025: 0.6%▼ -3.1% vs 04-2025 06-2025: 0.6%▼ -2.4% vs 05-2025 07-2025: 0.8%▲ +31.4% vs 06-2025 08-2025: 1.2%▲ +45.8% vs 07-2025 09-2025: 1.4%▲ +22.0% vs 08-2025 10-2025: 1.5%▲ +5.8% vs 09-2025 11-2025: 1.5%● 0.0% vs 10-2025 12-2025: 1.4%▼ -2.7% vs 11-2025 01-2026: 1.4%▼ -1.5% vs 12-2025 02-2026: 1.4%▼ -4.3% vs 01-2026 03-2026: 1.4%▼ -0.7% vs 02-2026 04-2026: 1.4%▲ +1.5% vs 03-2026 05-2026: 1.3%▼ -2.4% vs 04-2026 06-2026: 1.3%▼ -0.6% vs 05-2026 07-2026: 1.4%▲ +6.3% vs 06-2026 08-2026: 2.0%▲ +39.7% vs 07-2026 09-2026: 1.9%▼ -5.7% vs 08-2026 10-2026: 2.2%▲ +18.8% vs 09-2026highest value
  • Founded in 2010 lowers the probability for this profile
  • Size: total assets €31,651 lowers the probability for this profile
  • Figures for FY 2024 (filed 16-09-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 43 days late; 1 of the last 3 late raises the probability
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.18 against 1.67 in 2023; short-term debt: 62.8% and cash: 11.4% of total assets), and 62.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 44%, liquidity 26%, profitability 5%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €31,651
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 16-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 43 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d late
2023
30 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€16,888
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €7,818 · 9,960 companies -€16,888 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Total assets 20246 fiscal years filed €31,651 View

By topic

Financials

Fiscal year
2024
Total assets
€31,651
Loss
-€16,888
Solvency
37.1%
Total assets▼ 34.6%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 12-09-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
07-07-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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