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ACIKO

Active
Private limited companyfounded 200620 yrs activeRuelle Mathias 7, 4260 Braives, BelgiumKBO/BCE: BE 0880.610.837

ACIKO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €843k and a net result of €44k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 7892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
83 / 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-44
Solvency100=
Growth49▼-17
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 7.16 against 9.38 in 2024), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
86.1%
Return on assets
4.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
31 d early
2023
30 d early
2022
45 d early
2021
38 d early
2020
12 d early
2019
22 d early
← before the deadline after the deadline →
neutral · 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Turnover
€751k▲ 44.8%
2021 · €519k
2018: €679k 2019: €597k 2020: €358k 2021: €519k
2018 → 2022
EBIT margin
14.8%▲ 2.8pp
2021 · 12.0%
2018: 19.8% 2019: 19.6% 2020: -0.1% 2021: 12.0%
2018 → 2022
Net result
€44k▼ 63.1%
2024 · €118k
2018: €95k 2019: €80k 2020: €-1k 2021: €27k 2022: €89k 2023: €191k 2024: €118k
2018 → 2025
Working capital
€837k▼ 0.3%
2024 · €840k
2018: €497k 2019: €571k 2020: €500k 2021: €527k 2022: €619k 2023: €813k 2024: €840k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€519k-€751k▲ 44.8%
Equity€542k-€631k▲ 16.4%€822k▲ 30.2%€847k▲ 3.0%€843k▼ 0.5%
Operating result€62k-€111k▲ 79.1%€247k▲ 122%€148k▼ 39.9%€60k▼ 59.2%
Net result€27k-€89k▲ 234%€191k▲ 115%€118k▼ 38.2%€44k▼ 63.1%
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €62k€62kNet result 2021: €27k€27kOperating result 2022: €111k€111kNet result 2022: €89k€89kOperating result 2023: €247k€247kNet result 2023: €191k€191kOperating result 2024: €148k€148kNet result 2024: €118k€118kOperating result 2025: €60k€60kNet result 2025: €44k€44k20212022202320242025
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €979k
Fixed assets €6k▼ 22.8%
Current assets €973k▲ 3.5%
Equity and liabilities €979k
Equity €843k▼ 0.5%
Debt €136k▲ 35.6%
The debt ratio rises from 10.6% to 13.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62k
2024 · €151k
Cash flow
€45k
2024 · €120k
Solvency
86.1%
2024 · 89.4%
Current ratio
7.16
2024 · 9.38
Quick ratio
7.01
2024 · 9.21
Debt / equity
0.16
2024 · 0.12
ROE
5.2%
2024 · 13.9%
ROA
4.5%
2024 · 12.5%
Interest coverage
15.05
2024 · 51.90
Debt
€136k
2024 · €100k
Debt ≤ 1 year
€136k
2024 · €100k
Income taxes
€19k
2024 · €38k
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€947k€979k
Fixed assets21/28€7k€6k
Tangible fixed assets22/27€7k€6k
Land and buildings22€5k€4k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€367€244
Financial fixed assets28€50€50=
Current assets29/58€940k€973k
Stocks and contracts in progress3€17k€20k
Stocks30/36€17k€20k
Amounts receivable within one year40/41€282k€212k
Trade receivables40€185k€66k
Other amounts receivable41€97k€146k
Cash at bank and in hand54/58€640k€740k
Deferred charges and accrued income490/1€500-
Equity and liabilities
Total equity and liabilities10/49€947k€979k
Equity10/15€847k€843k
Contributions10/11€20k€20k=
Reserves13€431k€383k
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€99k-
Distributable reserves133€330k€383k
Profit (loss) carried forward14€396k€440k
Amounts payable17/49€100k€136k
Amounts payable within one year42/48€100k€136k
Current portion of amounts payable after more than one year42€10k€10k
Trade debts44€63k€75k
Suppliers440/4€63k€75k
Taxes, remuneration and social security45€27k€3k
Taxes450/3€27k€3k
Remuneration and social security454/9€371€487
Other amounts payable47/48-€48k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€4k€4k
Gross operating margin9900€154k€67k
Operating profit (loss)9901€148k€60k
Financial income75/76B€10k€6k
Recurring financial income75€10k€6k
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€156k€62k
Income taxes67/77€38k€19k
Profit (loss) for the period9904€118k€44k
Transfer from tax-exempt reserves789-€99k
Profit (loss) for the period to be appropriated9905€118k€143k
Appropriation of the result
Profit (loss) to be appropriated9906€506k€539k
Profit (loss) brought forward from the previous period14P€388k€396k
Transfer from equity791/2€93k€48k
Transfer to equity691/2€110k€99k
To other reserves6921€110k€99k
Profit to be distributed694/7€93k€48k
Return on contributions (dividend)694€93k€48k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-08
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment11 facts ▸
  • General meeting
  • Director resignation, Marcel LAMBERT (administrateur)
  • Director appointment, M. MICIUK INVEST SRL (administrateur)
  • Permanent representative, Marie MICIUK
  • Mandate compensation, M. MICIUK INVEST SRL
  • Director appointment, FT INVEST SRL (administrateur)
  • Permanent representative, Florian THONUS
  • Mandate compensation, FT INVEST SRL
  • Director appointment, DDB INVEST SRL (administrateur)
  • Permanent representative, Kevin GLOIRE
  • Mandate compensation, DDB INVEST SRL
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €191k ▲115%
Operating result €247k, net result €191k, both a record.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €27k
Net result €27k after one loss-making year.
19-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €-1k ▼102%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
09-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 directors, no change since 2026
FT INVEST
Director · since 09-07-2026 · Private limited company · perm. rep.: Florian THONUS
Current
M. MICIUK INVEST
Director · since 09-07-2026 · Private limited company · perm. rep.: Marie MICIUK
Current
09-07-2026 FT INVEST: Appointed as Director
09-07-2026 M. MICIUK INVEST: Appointed as Director
09-07-2026 Marcel LAMBERT: Resigned as Director
Location & real-estate footprint
Registered office, Braives · 1 establishment unit since 2006
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.

Ruelle Mathias 74260 Braives
Ground area
5,598 m²
Building footprint
441 m²
Volume, LiDAR
4,086 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ACIKO
Chaussée de Louvain(BU) 484, 5004 NamurNACE 51820
since 20062.152.964.191
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64004A0547/00R000 Wallonia 2,952 m² 1 · 165 m² 8.6 m · 2 fl.
92021E0018/00D000 Wallonia 2,646 m² 1 · 277 m² 14.2 m · 4 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.

Structure & network

Ownership & control

2 parties
Control over this companysits on this company's board2
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
ACIKOBE 0880.610.837

Similar companies · same sector, comparable size

Of 388 companies in sector 46630 we hold annual accounts for 276. 219 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-04-2006
Fiscal year end31-12
Activities, NACEBEL
46630Wholesale trade
51820
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:081/20.78.70
Establishment Namur 2.152.964.191