AKZ CONCEPT

Active

Private limited companyfounded 20187 yrs activeAssesteenweg 25-29, 1740 Ternat, BelgiumKBO/BCE: BE 0707.740.110

The computed 12-month bankruptcy probability of AKZ CONCEPT is 1.8% (moderate). The 2025 annual accounts show equity of €24k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 7760 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability64▼-24

Solvency100=

Growth67▲+1

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

short-term debt: 0.4% and cash: 29.5% of total assets, and 0.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

99.6%

Return on assets

8.6%

Age of the figures

9 mo

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €24k

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 7 filings

Deviation from the deadline

2025

13 d late

2024

35 d early

2023

24 d early

2022

19 d early

2021

31 d late

2020

60 d late

2019

131 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Turnover

€126k▲ 7.4%

2024 · €117k

2019: €100k 2020: €34k 2023: €72k 2024: €117k

2019 → 2025

EBIT margin

2.6%▼ 7.6pp

2024 · 10.2%

2019: -4.2% 2020: -4.3% 2023: 12.5% 2024: 10.2%

2019 → 2025

Net result

€2k▼ 82.2%

2024 · €12k

2019: €-2k 2020: €-4k 2021: €-2k 2022: €-2k 2023: €9k 2024: €12k

2019 → 2025

Working capital

€23k▲ 16.0%

2024 · €19k

2019: €12k 2020: €6k 2022: €2k 2023: €10k 2024: €19k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€72k€117k▲ 63.2%€126k▲ 7.4%

Equity€4k-€2k▼ 58.2%€10k▲ 577%€22k▲ 114%€24k▲ 9.5%

Operating result€-2k-€-2k▲ 10.3%€9k€12k▲ 32.6%€3k▼ 72.9%

Net result€-2k-€-2k▲ 3.6%€9k€12k▲ 33.3%€2k▼ 82.2%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 73% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €24k

92.6%

Fixed assets €2k▼ 35.7%

Current assets €23k▲ 5.6%

Equity and liabilities €24k

99.6%

Equity €24k▲ 9.5%

Debt €94▼ 95.3%

The debt ratio falls from 8.3% to 0.4%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€4k▼

2024 · €13k

Cash flow

€3k▼

2024 · €13k

Solvency

99.6%▲

2024 · 91.7%

Debt / equity

0.00▼

2024 · 0.09

ROE

8.7%▼

2024 · 53.2%

ROA

8.6%▼

2024 · 48.8%

Interest coverage

48.12▼

2024 · 253.56

Debt

€94▼

2024 · €2k

Debt ≤ 1 year

€94▼

2024 · €2k

Income taxes

€1k

A ratio outside any meaningful range has been withheld (balance sheet total €24k, equity €24k).

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€24k€24k▲

Fixed assets21/28€3k€2k▼

Tangible fixed assets22/27€2k€1k▼

Furniture and vehicles24€2k€1k▼

Financial fixed assets28€800€800=

Current assets29/58€21k€23k▲

Amounts receivable within one year40/41€18k€15k▼

Trade receivables40€11k€13k▲

Other amounts receivable41€7k€3k▼

Cash at bank and in hand54/58€3k€7k▲

Equity and liabilities

Total equity and liabilities10/49€24k€24k▲

Equity10/15€22k€24k▲

Contributions10/11€12k€12k=

Outside capital11€12k€12k=

Share premium1100/10€12k€12k=

Profit (loss) carried forward14€10k€12k▲

Amounts payable17/49€2k€94▼

Amounts payable within one year42/48€2k€94▼

Trade debts44-€94

Suppliers440/4-€94

Taxes, remuneration and social security45€2k-

Taxes450/3€2k-

Income statement Code20242025

Turnover70€117k€126k▲

Goods, raw materials, services and sundry goods60/61€102k€120k▲

Remuneration, social security and pensions62€1k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=

Other operating charges640/8€1k€2k▲

Gross operating margin9900€15k€6k▼

Operating profit (loss)9901€12k€3k▼

Financial income75/76B€1€1▼

Recurring financial income75€1€1▼

Non-recurring financial income76B€1-

Financial charges65/66B€51€96▲

Recurring financial charges65€51€88▲

Non-recurring financial charges66B-€8

Profit (loss) for the period before taxes9903€12k€3k▼

Income taxes67/77-€1k

Profit (loss) for the period9904€12k€2k▼

Profit (loss) for the period to be appropriated9905€12k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€10k€12k▲

Profit (loss) brought forward from the previous period14P€-2k€10k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 6Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 13 days late

2025

31-12

Financial Liquidity times 22current ratio 239.68

Current ratio from 10.71 to 239.68; short-term debt falls from €2k to €94.

26-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2019net €12k ▲33.3%

Operating result €12k, net result €12k, both a record.

07-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €9k

Net result €9k after 4 loss-making years.

31-12

Financial Liquidity quadruplescurrent ratio 9.08

Current ratio from 2.41 to 9.08.

12-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

29-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 60 days late

2020

31-12

Financial Weakest financial yearnet €-4k

Net result drops to €-4k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity times 6current ratio 14.03

Current ratio from 2.31 to 14.03; short-term debt falls from €9k to €453.

09-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 131 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 acts for this company are 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, Ternat · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Assesteenweg 25-291740 Ternat

Ground area

5,707 m²

Building footprint

2,662 m²

Volume, LiDAR

18,712 m³

Parcel 23086B0323/00Z000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Assesteenweg 25-29, 1740 Ternat

Demolition

since 20232.378.943.311

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23086B0323/00Z000	Flanders	5,707 m²	1 · 2,662 m²	8.7 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

7 categories

AKZ CONCEPT BV45552

category D10, class 1 · category D11, class 1 · category D15, class 1 · category D29, class 1 · category D4, class 1 · category D5, class 1 · category F3, class 1

decision 05-11-2025