A&C
ActiveSummary
A&C has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €323k and a net result of €-25k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability13▼-1
Solvency83▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.32 in 2023; short-term debt: 42.4% and cash: 50.3% of total assets), and 42.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.6%
Return on assets
-4.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-25k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
8 d early
2022
61 d late
2021
on the day
2020
54 d early
2019
102 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Name match with a sanctions list
1 entryAO СРЗalias Aкционерное общество “Cаратовский радиоприборный завод”
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k▼ 14.0%
2023 · €-22k
2018: €54k
2019: €-125k▼ -333% vs 2018lowest in 7 years
2020: €96k▲ +177% vs 2019highest in 7 years
2021: €77k▼ -19.7% vs 2020
2022: €3k▼ -95.7% vs 2021
2023: €-22k▼ -762% vs 2022
2024: €-25k▼ -14.0% vs 2023
2018 → 2024
Working capital
€294k▼ 7.0%
2023 · €317k
2018: €292k
2019: €175k▼ -40.0% vs 2018lowest in 7 years
2020: €259k▲ +47.7% vs 2019
2021: €324k▲ +25.1% vs 2020
2022: €334k▲ +3.2% vs 2021highest in 7 years
2023: €317k▼ -5.3% vs 2022
2024: €294k▼ -7.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€277k-€354k▲ 27.9%€370k▲ 4.6%€348k▼ 5.9%€323k▼ 7.2%
2020: €277klowest in 5 years
2021: €354k▲ +27.9% vs 2020
2022: €370k▲ +4.6% vs 2021highest in 5 years
2023: €348k▼ -5.9% vs 2022
2024: €323k▼ -7.2% vs 2023
Operating result€109k-€99k▼ 8.9%€14k▼ 85.5%€-12k€-3k▲ 70.8%
2020: €109khighest in 5 years
2021: €99k▼ -8.9% vs 2020
2022: €14k▼ -85.5% vs 2021
2023: €-12k▼ -183% vs 2022lowest in 5 years
2024: €-3k▲ +70.8% vs 2023
Net result€96k-€77k▼ 19.7%€3k▼ 95.7%€-22k€-25k▼ 14.0%
2020: €96khighest in 5 years
2021: €77k▼ -19.7% vs 2020
2022: €3k▼ -95.7% vs 2021
2023: €-22k▼ -762% vs 2022
2024: €-25k▼ -14.0% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €12k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €561k
Fixed assets
€29k ▼ 9.4%
Current assets
€532k ▼ 4.3%
Equity and liabilities €561k
Equity
€323k ▼ 7.2%
Debt
€238k ▼ 0.8%
Debt's share of the balance-sheet total rises from 40.8% to 42.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€465▲
2023 · €-7k
Cash flow
€-21k▼
2023 · €-17k
Current ratio
2.24▼
2023 · 2.32
Quick ratio
1.43▼
2023 · 1.49
Debt to equity
0.74▲
2023 · 0.69
ROE
-7.8%▼
2023 · -6.3%
ROA
-4.5%▼
2023 · -3.7%
Interest coverage
0.02▲
2023 · -0.53
Debt ≤ 1 year
€238k▼
2023 · €239k
Income taxes
€4k▲
2023 · €-2k
Staff costs
€216k▲
2023 · €189k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€588k€561k▼
Fixed assets21/28€32k€29k▼
Tangible fixed assets22/27€16k€13k▼
Plant, machinery and equipment23€1k€748▼
Furniture and vehicles24-€588
Other tangible fixed assets26€15k€12k▼
Financial fixed assets28€16k€16k=
Current assets29/58€556k€532k▼
Stocks and contracts in progress3€199k€192k▼
Stocks30/36€199k€192k▼
Amounts receivable within one year40/41€30k€56k▲
Trade receivables40€994€39k▲
Other amounts receivable41€29k€17k▼
Cash at bank and in hand54/58€323k€282k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€588k€561k▼
Equity10/15€348k€323k▼
Contributions10/11€39k€39k=
Outside capital11€39k-
Other1109/19€39k-
Reserves13€50k€50k=
Non-distributable reserves130/1-€4k
Reserves not available under the articles1311-€4k
Distributable reserves133€50k€46k▼
Profit (loss) carried forward14€260k€234k▼
Amounts payable17/49€240k€238k▼
Amounts payable within one year42/48€239k€238k▼
Current portion of amounts payable after more than one year42€1k€0▼
Trade debts44€76k€60k▼
Suppliers440/4€76k€60k▼
Taxes, remuneration and social security45€56k€65k▲
Taxes450/3€20k€20k▲
Remuneration and social security454/9€36k€45k▲
Other amounts payable47/48€107k€112k▲
Accrued charges and deferred income492/3€523€421▼
Income statement
Code20232024
Remuneration, social security and pensions62€189k€216k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€5k€11k▲
Gross operating margin9900€187k€228k▲
Operating profit (loss)9901€-12k€-3k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€14k€20k▲
Recurring financial charges65€14k€20k▲
Profit (loss) for the period before taxes9903€-24k€-21k▲
Income taxes67/77€-2k€4k▲
Profit (loss) for the period9904€-22k€-25k▼
Profit (loss) for the period to be appropriated9905€-22k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€260k€234k▼
Profit (loss) brought forward from the previous period14P€282k€260k▼
Social balance
Average headcount (FTE)90876.66.7▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €151k | €192k | €189k | €216k | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €7k | €5k | €5k | €4k | ▼ 15.7% |
| Other operating charges640/8 | - | €13k | €29k | €5k | €11k | ▲ 114% |
| Gross operating margin9900 | €253k | €269k | €240k | €187k | €228k | ▲ 21.7% |
| Operating profit (loss)9901 | €109k | €99k | €14k | €-12k | €-3k | ▲ 70.8% |
| Financial income75/76B | - | €2k | €2k | €1k | €2k | ▲ 70.6% |
| Recurring financial income75 | €8 | €2k | €2k | €1k | €2k | ▲ 70.6% |
| Financial charges65/66B | - | €10k | €11k | €14k | €20k | ▲ 46.2% |
| Recurring financial charges65 | €9k | €10k | €11k | €14k | €20k | ▲ 46.2% |
| Profit (loss) for the period before taxes9903 | €96k | €91k | €5k | €-24k | €-21k | ▲ 12.0% |
| Income taxes67/77 | - | €14k | €1k | €-2k | €4k | ▲ 267% |
| Profit (loss) for the period9904 | €96k | €77k | €3k | €-22k | €-25k | ▼ 14.0% |
| Transfer from tax-exempt reserves789 | - | - | €46k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €96k | €77k | €49k | €-22k | €-25k | ▼ 14.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €520k | €586k | €574k | €588k | €561k | ▼ 4.6% |
| Fixed assets21/28 | €46k | €42k | €37k | €32k | €29k | ▼ 9.4% |
| Tangible fixed assets22/27 | €29k | €25k | €21k | €16k | €13k | ▼ 18.9% |
| Plant, machinery and equipment23 | - | €4k | €3k | €1k | €748 | ▼ 41.0% |
| Furniture and vehicles24 | - | - | - | - | €588 | - |
| Other tangible fixed assets26 | - | €21k | €18k | €15k | €12k | ▼ 21.0% |
| Financial fixed assets28 | €16k | €16k | €16k | €16k | €16k | = |
| Current assets29/58 | €475k | €544k | €537k | €556k | €532k | ▼ 4.3% |
| Stocks and contracts in progress3 | €156k | €166k | €187k | €199k | €192k | ▼ 3.2% |
| Stocks30/36 | - | €166k | €187k | €199k | €192k | ▼ 3.2% |
| Amounts receivable within one year40/41 | €920 | €928 | €20k | €30k | €56k | ▲ 86.7% |
| Trade receivables40 | - | - | - | €994 | €39k | ▲ 3,778% |
| Other amounts receivable41 | - | €928 | €20k | €29k | €17k | ▼ 39.9% |
| Cash at bank and in hand54/58 | €318k | €378k | €330k | €323k | €282k | ▼ 12.6% |
| Deferred charges and accrued income490/1 | - | - | - | €4k | €1k | ▼ 67.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €520k | €586k | €574k | €588k | €561k | ▼ 4.6% |
| Equity10/15 | €277k | €354k | €370k | €348k | €323k | ▼ 7.2% |
| Contributions10/11 | €26k | €26k | €39k | €39k | €39k | = |
| Capital10 | - | €26k | - | - | - | - |
| Issued capital100 | - | €39k | - | - | - | - |
| Uncalled capital101 | - | €13k | - | - | - | - |
| Outside capital11 | - | - | €39k | €39k | - | - |
| Other1109/19 | - | - | €39k | €39k | - | - |
| Reserves13 | €50k | €50k | €50k | €50k | €50k | = |
| Non-distributable reserves130/1 | - | €4k | €4k | - | €4k | - |
| Legal reserve130 | - | €4k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €4k | - | €4k | - |
| Tax-exempt reserves132 | - | €46k | - | - | - | - |
| Distributable reserves133 | - | - | €46k | €50k | €46k | ▼ 7.9% |
| Profit (loss) carried forward14 | €201k | €278k | €282k | €260k | €234k | ▼ 9.7% |
| Amounts payable17/49 | €243k | €232k | €203k | €240k | €238k | ▼ 0.8% |
| Amounts payable after more than one year17 | €28k | €11k | €1k | - | - | - |
| Financial debts170/4 | - | €11k | €1k | - | - | - |
| Amounts payable within one year42/48 | €216k | €220k | €202k | €239k | €238k | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | €16k | €10k | €1k | €0 | ▼ 100% |
| Trade debts44 | €138k | €92k | €71k | €76k | €60k | ▼ 20.4% |
| Suppliers440/4 | - | €92k | €71k | €76k | €60k | ▼ 20.4% |
| Advances received on contracts in progress46 | - | - | €31 | - | - | - |
| Taxes, remuneration and social security45 | - | €54k | €63k | €56k | €65k | ▲ 16.3% |
| Taxes450/3 | - | €27k | €25k | €20k | €20k | ▲ 0.3% |
| Remuneration and social security454/9 | - | €27k | €38k | €36k | €45k | ▲ 25.2% |
| Other amounts payable47/48 | - | €58k | €58k | €107k | €112k | ▲ 5.3% |
| Accrued charges and deferred income492/3 | - | - | - | €523 | €421 | ▼ 19.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96k | €77k | €3k | €-22k | €-25k | ▼ 14.0% |
| + Depreciation and write-downs630 | €9k | €7k | €5k | €5k | €4k | ▼ 15.7% |
| Operating cash flow (approximation) | €105k | €84k | €8k | €-17k | €-21k | ▼ 21.9% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €75 | €-879 | ▼ 1,272% |
| Change in cash | - | €60k | €-48k | €-7k | €-41k | ▼ 484% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €96k
Net result €96k after one loss-making year.
31-12
Financial
Equity above €200kEq €277k ▲53.1%
Equity rises from €181k to €277k.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Herstal · 3 establishment units since 2008
Ground area
2.1 ha
Building footprint
4,932 m²
Volume, LiDAR
6,411 m³
3 parcels, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
3 establishment units
1 2 3 euros
since 20082.168.575.352
A&C
since 20182.293.117.117
1 2 3 etc
since 20192.298.214.268
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62352E0851/00E009 | Wallonia | 2.0 ha | 1 · 3,878 m² | - |
| 62054A0077/00Y000 | Wallonia | 875 m² | 1 · 70 m² | 9.8 m · 3 fl. |
| 62313E0087/00Z002 | Wallonia | 668 m² | 1 · 984 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesGrâce-Hollogne2.298.214.268
Herstal2.168.575.352
Seraing2.293.117.117
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,245 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
Founded10-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Contact
E-mail
c.minette@laposte.netHerstal
Phone
04 242 90 98Herstal
Scores and ratios are computed by Checked and are not a credit decision.