Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of AINIGMA Technologies is 1.1% (low). The 2024 annual accounts show negative equity (€-55k) and a net result of €-46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 3174 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.1%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 09-07-2025 | 22 d early | 2025-00250124 |
| 31-12-2023 | 31-07-2024 | 27-08-2024 | 27 d late | 2024-00379981 |
| 31-12-2022 | 31-07-2023 | 30-06-2023 | 31 d early | 2023-00181249 |
| 31-12-2021 | 31-07-2022 | 28-07-2022 | 3 d early | 2022-20264691 |
| 31-12-2020 | 31-07-2021 | 30-07-2021 | 1 d early | 2021-46400538 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-46k
Working capital€2.65M+21.2%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 09-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -2.0% | 53.8% | |
| Net result | €-46k | €18k | |
| Equity | €-55k | €40k | |
| Gross operating margin | €14k | €36k | |
| Staff costs | €61k | €22k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P11
Stable position over 2020-2024
· n=431-3174
P5
Improving position over 2020-2024
· n=431-3173
P5
Weakening position over 2020-2024
· n=432-3176
P27
Improving position over 2020-2024
· n=425-3173
Describes the position versus peers, not a forecast.
€-48k
-
20-24
€-46k
-
20-24
€-39k
-
20-24
€2.74M
+17.4%
20-24
€-55k
-
20-24
€2.65M
+21.2%
20-24
€61k
+557.5%
20-24
€4k
-72.1%
20-24
€75k
-
20-24
€2.80M
+19.8%
20-24
€60k
-52.6%
20-24
45.07
+147.2%
20-24
45.07
+147.2%
20-24
-2.0%
-
20-24
-50.87
-
20-24
83.2%
-98.4%
20-24
-1.7%
-
20-24
-81.13
-
20-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-48k |
| Net profit | €-46k |
| Cash flow | €-39k |
| Staff costs | €61k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €2.74M |
| Equity | €-55k |
| Debt | €2.80M |
| of which ≤ 1y | €60k |
| of which > 1y | - |
| Working capital | €2.65M |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 45.07 |
| Quick ratio | 45.07 |
| Working capital ratio | 96.9% |
| Solvency | -2.0% |
| Debt / equity | -50.87 |
| Long-term debt ratio | - |
| Interest coverage | -81.13 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.7% |
| ROE | 83.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.74M |
| Fixed assets | 21/28 | €26k |
| Intangible fixed assets | 21 | €439 |
| Tangible fixed assets | 22/27 | €24k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €2.71M |
| Amounts receivable within one year | 40/41 | €1.85M |
| Cash & bank | 54/58 | €864k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.74M |
| Equity | 10/15 | €-55k |
| Contributions / capital | 10/11 | €100 |
| Accumulated profits (losses) | 14 | €-55k |
| Amounts payable | 17/49 | €2.80M |
| Amounts payable within one year | 42/48 | €60k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €-55k |
| Financial income | 75 | €13k |
| Financial charges | 65 | €594 |
| Result before taxes | 9903 | €-42k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €-46k |
| Result to be appropriated | 9905 | €-46k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed37
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
Athanasios KakasisDirectorState Gazette act 23002050 (05-01-2023)Current01-02-2023 → present
Former directors (1)
-
Christos ChatzichristosDirectorState Gazette act 23002050 (05-01-2023)Former- → 01-02-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 23-11-2020 |
| Status | Active |
| Postal code | 3001 |
Structure & network
Locations & real estate
Establishment units
1 locationKapeldreef 60, 3001 Leuven
since 20202.312.175.538
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area8,837 m²
Buildings1
Building footprint2,096 m²
Volume (LiDAR)12,516 m³
Tallest building8.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040C0005/00F000 | Flanders | 8,837 m² | 1 · 2,096 m² | 8.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 3 years ago
2023
05-01-2023 1 director appointed, 1 resigning
- Athanasios Kakasis, Bestuurder
- Christos Chatzichristos, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes66
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
37
Profitability
100
Solvency
67
Growth
32
Stability
94
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verdict per customer and amountSimilar
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Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
| Legal nameNL | AINIGMA Technologies |
Registered office
Kapeldreef 60
3001 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.