AK RENOVATION
The computed 12-month bankruptcy probability of AK RENOVATION is 3.4% (moderate). The 2024 annual accounts show equity of €16k and a net result of €-34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 11123 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €16k |
| Net result | €-34k |
| Better than sector | 14% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.0% | 40.8% | |
| Net result | €-34k | €11k | |
| Equity | €16k | €34k | |
| Gross operating margin | €45k | €35k | |
| Staff costs | €43k | €24k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | €263k | €114k |
| EBITDA | €-29k | - | - | €10k |
| Net profit | €-34k | €29k | €11k | €7k |
| Cash flow | €-30k | - | - | €8k |
| Staff costs | €43k | - | - | - |
| Income taxes | - | €7k | €3k | €2k |
| Dividends | - | - | - | - |
| Total assets | €199k | €99k | €45k | €31k |
| Equity | €16k | €50k | €21k | €9k |
| Debt | €183k | €49k | €24k | €22k |
| of which ≤ 1y | €183k | €49k | €24k | €22k |
| of which > 1y | - | - | - | - |
| Working capital | €-11k | €41k | €12k | €7k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.94 | 1.84 | 1.47 | 1.31 |
| Quick ratio | 0.94 | 1.84 | 1.47 | 1.31 |
| Working capital ratio | -5.5% | 41.4% | 25.7% | 22.0% |
| Solvency | 8.0% | 50.5% | 45.7% | 30.1% |
| Debt / equity | 11.53 | 0.98 | 1.19 | 2.32 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -82.01 | - | - | 160.79 |
| Gross margin | - | - | 6.0% | 8.8% |
| Net margin | - | - | 4.3% | 6.4% |
| ROA | -17.1% | 29.6% | 25.1% | 23.6% |
| ROE | -213.9% | 58.6% | 54.9% | 78.5% |
| EBITDA margin | - | - | - | 8.8% |
| Days sales outstanding | - | - | 38d | 57d |
| Days payable outstanding | - | - | 17d | 21d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €199k | €99k | €45k | €31k |
| Fixed assets | 21/28 | €27k | €9k | €9k | €3k |
| Tangible fixed assets | 22/27 | €27k | €9k | €9k | €3k |
| Current assets | 29/58 | €172k | €90k | €36k | €28k |
| Amounts receivable within one year | 40/41 | €147k | €89k | €36k | €19k |
| Cash & bank | 54/58 | €7k | €576 | €85 | €6k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €199k | €99k | €45k | €31k |
| Equity | 10/15 | €16k | €50k | €21k | €9k |
| Contributions / capital | 10/11 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €14k | €48k | €19k | €7k |
| Amounts payable | 17/49 | €183k | €49k | €24k | €22k |
| Amounts payable within one year | 42/48 | €183k | €49k | €24k | €22k |
| Trade debts payable within one year | 44 | €132k | €36k | €11k | €6k |
| Income statement | |||||
| Turnover | 70 | - | - | €263k | €114k |
| Gross operating margin | 9900 | €45k | €37k | €16k | €10k |
| Operating result | 9901 | €-34k | €37k | €15k | €9k |
| Financial income | 75 | €100 | €0 | €0 | €0 |
| Financial charges | 65 | €359 | €186 | €182 | €63 |
| Result before taxes | 9903 | €-34k | €36k | €14k | €9k |
| Income taxes | 67/77 | - | €7k | €3k | €2k |
| Net result for the period | 9904 | €-34k | €29k | €11k | €7k |
| Result to be appropriated | 9905 | €-34k | €29k | €11k | €7k |
-
KOSTANYAN AlikDirectorState Gazette act 24084157 (04-06-2024)Current04-06-2024 → present
-
KOSTANYAN ArsenDirectorState Gazette act 24084157 (04-06-2024)Current04-06-2024 → present
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 14-09-2020 |
| Status | Active |
| Postal code | 1480 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25019B0222/00G000 | Wallonia | 72 m² | 1 · 59 m² | 11.2 m · 3 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-06-2024 2 directors appointed
- KOSTANYAN Arsen, Bestuurder
- KOSTANYAN Alik, Bestuurder
Technical details
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}03-06-2024 Registered office moved from Sint-Pieters-Leeuw to Tubize
- 1600 Sint-Pieters-Leeuw, Bergensesteenweg 24/8 → 1480 Tubize, place Josse Goffin 31
Technical details
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}27-12-2022 Registered office moved from Tubize to Sint-Pieters-Leeuw
- 1480 Tubize (Clabecq), place Josse Goffin 31 → 1600 Sint-Pieters-Leeuw, Bergensesteenweg 24/8
Technical details
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}| Legal nameFR | AK RENOVATION |