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AYCON

Active
Private limited companyfounded 20251 yr activeBovenstraat 19, 9340 Lede, BelgiumKBO/BCE: BE 1023.405.626
Summary

AYCON has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,531 and a net result of €30,531. Its solvency ranks better than 54% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency76
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.96; short-term debt: 49.3% and cash: 28.6% of total assets), and 49.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · 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
50.7%
Return on assets
38.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
25 d early
← before the deadline after the deadline →
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

History

AYCON was incorporated on 16 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€40,531
Total assets
€79,934
Net result
€30,531
Working capital
-€1,732

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

Balance-sheet composition
Assets €79,934
Fixed assets €42,263
Current assets €37,670
Equity and liabilities €79,934
Equity €40,531
Debt €39,403
Debt finances 49.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€44,809
Cash flow
€37,127
Current ratio
0.96
Debt to equity
0.97
ROE
75.3%
ROA
38.2%
Interest coverage
722.03
Debt ≤ 1 year
€39,403
Income taxes
€7,620

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€79,934
Fixed assets21/28€42,263
Tangible fixed assets22/27€42,263
Plant, machinery and equipment23€13,836
Furniture and vehicles24€28,428
Current assets29/58€37,670
Amounts receivable within one year40/41€14,713
Trade receivables40€13,596
Other amounts receivable41€1,116
Cash at bank and in hand54/58€22,848
Deferred charges and accrued income490/1€110
Equity and liabilities
Total equity and liabilities10/49€79,934
Equity10/15€40,531
Contributions10/11€10,000
Profit (loss) carried forward14€30,531
Amounts payable17/49€39,403
Amounts payable within one year42/48€39,403
Trade debts44€426
Suppliers440/4€426
Taxes, remuneration and social security45€7,620
Taxes450/3€7,620
Other amounts payable47/48€31,357
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,596
Other operating charges640/8€163
Gross operating margin9900€44,972
Operating profit (loss)9901€38,213
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€38,151
Income taxes67/77€7,620
Profit (loss) for the period9904€30,531
Profit (loss) for the period to be appropriated9905€30,531
Appropriation of the result
Profit (loss) to be appropriated9906€30,531

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,596
Other operating charges640/8€163
Gross operating margin9900€44,972
Operating profit (loss)9901€38,213
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€38,151
Income taxes67/77€7,620
Profit (loss) for the period9904€30,531
Profit (loss) for the period to be appropriated9905€30,531
Line2025
Assets
Total assets20/58€79,934
Fixed assets21/28€42,263
Tangible fixed assets22/27€42,263
Plant, machinery and equipment23€13,836
Furniture and vehicles24€28,428
Current assets29/58€37,670
Amounts receivable within one year40/41€14,713
Trade receivables40€13,596
Other amounts receivable41€1,116
Cash at bank and in hand54/58€22,848
Deferred charges and accrued income490/1€110
Equity and liabilities
Total equity and liabilities10/49€79,934
Equity10/15€40,531
Contributions10/11€10,000
Profit (loss) carried forward14€30,531
Amounts payable17/49€39,403
Amounts payable within one year42/48€39,403
Trade debts44€426
Suppliers440/4€426
Taxes, remuneration and social security45€7,620
Taxes450/3€7,620
Other amounts payable47/48€31,357
Line2025
Profit (loss) for the period9904€30,531
+ Depreciation and write-downs630€6,596
Operating cash flow (approximation)€37,127

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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Timeline · acts, filings and financial milestones

2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Lede · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,145 m²
Building footprint
182 m²
Volume, LiDAR
158 m³
Parcel 41032D0239/00N000, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
1 establishment unit
AYCON
Bovenstraat 19, 9340 LedeJoinery installation
since 20252.373.736.686
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41032D0239/00N000 Flanders 1,145 m² 1 · 182 m² 5.9 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023405626
Also 9925:BE1023405626
Registered 04-06-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.