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AKWA CONSTRUCT

Active
Private limited companyfounded 2004active for 22 yearsPoverstraat 34, 1700 Dilbeek, BelgiumKBO/BCE: BE 0865.825.562
Summary

AKWA CONSTRUCT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €516,899 and a net result of €50,899. Equity is growing by about 48% per year across the filed financial years. Its solvency ranks better than 37% of 10,789 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399027.

Turnover
≈ €99,000
Estimated: probably between €44,000 and €250,000
Total assets
€1.4m▼ 1.1%
2024 · €1.4m
Net result
€50,899▼ 75.1%
2024 · €204,678
Working capital
-€123,977▼ 17.6%
2024 · -€105,459
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen three years in a row; 2025 is 0% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.02m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.001m--€0.001m▼ 51.9%-€0.02m▼ 1,150%€0.03m€0.03m▼ 0.8%€0.02m▼ 14.1%€0.02m▼ 0.1%
Net result-€0.001m--€0.001mbelow the sector's middle half▼ 47.3%-€0.02mbelow the sector's middle half▼ 1,042%€0.01mwithin the sector's middle half€0.05mwithin the sector's middle half▲ 403%€0.2mabove the sector's middle half▲ 294%€0.05mwithin the sector's middle half▼ 75.1%
Equity€0.01m-€0.009mbelow the sector's middle half▼ 13.6%-€0.007mbelow the sector's middle half€0.2mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 24.8%€0.5mwithin the sector's middle half▲ 78.3%€0.5mwithin the sector's middle half▲ 10.9%
Total assets€0.01m-€0.01mbelow the sector's middle half▲ 3.2%€427below the sector's middle half▼ 97.1%€1.4mwithin the sector's middle half▲ 3,328×€1.4mwithin the sector's middle half▼ 1.0%€1.4mwithin the sector's middle half▼ 0.1%€1.4mwithin the sector's middle half▼ 1.1%
Debt€0.004m-€0.006m▲ 50.1%€0.008m▲ 36.1%€1.2m▲ 159×€1.1m▼ 5.5%€0.9m▼ 18.0%€0.9m▼ 7.1%
Working capital€0.01m-€0.009mwithin the sector's middle half▼ 13.6%-€0.007mwithin the sector's middle half-€0.09mbelow the sector's middle half▼ 1,177%-€0.2mbelow the sector's middle half▼ 171%-€0.1mbelow the sector's middle half▲ 57.6%-€0.1mbelow the sector's middle half▼ 17.6%
Solvency73.7%-61.7%within the sector's middle half▼ 12.0pp14.7%below the sector's middle half18.6%below the sector's middle half▲ 3.8pp33.2%within the sector's middle half▲ 14.6pp37.2%within the sector's middle half▲ 4.0pp
Current ratio3.80-2.61within the sector's middle half▼ 1.190.23below the sector's middle half0.05below the sector's middle half▼ 0.180.15below the sector's middle half▲ 0.100.02below the sector's middle half▼ 0.13
Return on assets (ROA)-6.8%--9.7%below the sector's middle half▼ 2.9pp0.7%within the sector's middle half3.7%within the sector's middle half▲ 3.0pp14.6%within the sector's middle half▲ 10.9pp3.7%within the sector's middle half▼ 10.9pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.4m =
Current assets €2,968 ▼ 84.0%
Equity and liabilities €1.4m
Equity €516,899 ▲ 10.9%
Debt €872,639 ▼ 7.1%
Debt's share of the balance-sheet total falls from 66.8% to 62.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
1.69▼
2024 · 2.02
ROE
9.8%▼
2024 · 43.9%
Debt ≤ 1 year
€126,945▲
2024 · €124,056
Debt > 1 year
€745,693▼
2024 · €815,111
Income taxes
€1,786
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€1.4m€1.4m=
Financial fixed assets28€1.4m€1.4m=
Current assets29/58€0.02m€0.003m▼
Amounts receivable within one year40/41€0.02m€0.002m▼
Trade receivables40€0-
Other amounts receivable41€0.02m€0.002m▼
Cash at bank and in hand54/58€0.001m€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€0.5m€0.5m▲
Contributions10/11€0.2m€0.2m=
Reserves13€0.3m€0.3m▲
Distributable reserves133€0.3m€0.3m▲
Profit (loss) carried forward14€0-
Amounts payable17/49€0.9m€0.9m▼
Amounts payable after more than one year17€0.8m€0.7m▼
Financial debts170/4€0.8m€0.7m▼
Amounts payable within one year42/48€0.1m€0.1m▲
Current portion of amounts payable after more than one year42€0.07m€0.07m▲
Other amounts payable47/48€0.06m€0.06m▲
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.02m€0.02m=
Operating profit (loss)9901€0.02m€0.02m▼
Financial income75/76B€0.2m€0.04m▼
Recurring financial income75€0.2m€0.04m▼
Financial charges65/66B€0.01m€0.01m▼
Recurring financial charges65€0.01m€0.01m▼
Profit (loss) for the period before taxes9903€0.2m€0.05m▼
Income taxes67/77-€0.002m
Profit (loss) for the period9904€0.2m€0.05m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.05m▼
Profit (loss) brought forward from the previous period14P€0.04m€0▼
Transfer to equity691/2€0.2m€0.05m▼
To other reserves6921€0.2m€0.05m▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Other operating charges640/8---€0€384€968€998▲ 3.2%
Gross operating margin9900-€837-€1,222-€2,359€27,621€27,778€24,491€24,491=
Operating profit (loss)9901-€844-€1,282-€16,024€27,621€27,393€23,524€23,493▼ 0.1%
Financial income75/76B----€40,000€195,838€42,297▼ 78.4%
Recurring financial income75----€40,000€195,838€42,297▼ 78.4%
Financial charges65/66B---€17,290€15,420€14,685€13,104▼ 10.8%
Recurring financial charges65€119€136€173€17,290€15,420€14,685€13,104▼ 10.8%
Profit (loss) for the period before taxes9903-€963-€1,418-€16,196€10,331€51,973€204,678€52,686▼ 74.3%
Income taxes67/77------€1,786-
Profit (loss) for the period9904-€963-€1,418-€16,196€10,331€51,973€204,678€50,899▼ 75.1%
Profit (loss) for the period to be appropriated9905-€963-€1,418-€16,196€10,331€51,973€204,678€50,899▼ 75.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.01m€0.01m€427€1.4m€1.4m€1.4m€1.4m▼ 1.1%
Fixed assets21/28---€1.4m€1.4m€1.4m€1.4m=
Financial fixed assets28---€1.4m€1.4m€1.4m€1.4m=
Current assets29/58€0.01m€0.01m€427€0.03m€0.01m€0.02m€0.003m▼ 84.0%
Amounts receivable within one year40/41€0.01m€0.01m€32€0.02m€384€0.02m€0.002m▼ 91.5%
Trade receivables40----€384€0--
Other amounts receivable41---€0.02m€0€0.02m€0.002m▼ 91.5%
Cash at bank and in hand54/58€1€460€395€0.003m€0.01m€0.001m€0.001m▲ 92.1%
Equity and liabilities
Total equity and liabilities10/49€0.01m€0.01m€427€1.4m€1.4m€1.4m€1.4m▼ 1.1%
Equity10/15€0.01m€0.009m-€0.007m€0.2m€0.3m€0.5m€0.5m▲ 10.9%
Contributions10/11€0.006m--€0.2m€0.2m€0.2m€0.2m=
Reserves13€0.01m€0.01m€0.01m€0.01m€0.01m€0.3m€0.3m▲ 20.1%
Distributable reserves133---€0.01m€0.01m€0.3m€0.3m▲ 20.1%
Profit (loss) carried forward14-€0.006m-€0.008m-€0.02m-€0.01m€0.04m€0--
Amounts payable17/49€0.004m€0.006m€0.008m€1.2m€1.1m€0.9m€0.9m▼ 7.1%
Amounts payable after more than one year17---€1.1m€0.9m€0.8m€0.7m▼ 8.5%
Financial debts170/4---€1.1m€0.9m€0.8m€0.7m▼ 8.5%
Amounts payable within one year42/48€0.004m€0.006m€0.008m€0.1m€0.3m€0.1m€0.1m▲ 2.3%
Current portion of amounts payable after more than one year42---€0.07m€0.2m€0.07m€0.07m▲ 1.3%
Trade debts44€300€166€0.001m€0----
Suppliers440/4---€0----
Other amounts payable47/48---€0.05m€0.05m€0.06m€0.06m▲ 3.6%
Accrued charges and deferred income492/3---€0.001m€0---
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€963-€1,418-€16,196€10,331€51,973€204,678€50,899▼ 75.1%
Operating cash flow (approximation)-€963-€1,418-€16,196€10,331€51,973€204,678€50,899▼ 75.1%
Investment in fixed assets (approximation)----€0€7,266€0▼ 100%
Change in cash-€459-€65€2,208€10,028-€11,873€699-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 14-08-2026 2026-00399027
31-12-2024 abbreviated format 27-08-2025 2025-00414503
31-12-2023 abbreviated format 30-07-2024 2024-00316608
31-12-2022 abbreviated format 17-05-2023 2023-00090418
31-03-2021 abbreviated format 15-11-2021 2021-77300390
31-03-2020 abbreviated format 18-09-2020 2020-54400541
31-03-2019 abbreviated format 10-09-2019 2019-63900207
31-03-2018 abbreviated format 12-09-2018 2018-63100093
31-03-2017 abbreviated format 21-09-2017 2017-62300317
31-03-2016 abbreviated format 27-09-2016 2016-61800345

Show all 20 filings

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