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A.C. Construction

Active
Private limited company·Dakwerkzaamheden· 21 yrs active
Rue du Tivoli(Wal) 34 ·5650 Walcourt, Belgium
Open bankruptcy
KBO/BCE: BE 0875.469.837
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age21 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for A.C. Construction according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €18k and a net result of €-47k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
12-02-2025
Bankruptcy Opening
Date: 06-02-2025 · Tribunal de l’entreprise de Liège, division Namur · A.C. CONSTRUCTION SRL RUE DU TIVOLI 34, 5650 WALCOURT · Publications in State Gazette ↗

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 10 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 31-12-2023, that is 31-07-2024.
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 nothing on record not filed -
31-12-2023 31-07-2024 20-12-2024 142 d late 2024-00622455
31-12-2022 31-07-2023 01-09-2023 32 d late 2023-00428307
31-12-2021 31-07-2022 05-07-2022 26 d early 2022-20166443
31-12-2020 31-07-2021 26-08-2021 26 d late 2021-54900572
31-12-2019 31-07-2020 19-08-2020 19 d late 2020-42600326
31-12-2018 31-07-2019 30-08-2019 30 d late 2019-59200423
31-12-2017 31-07-2018 05-07-2018 26 d early 2018-28900126
31-12-2015 31-07-2016 30-08-2016 30 d late 2016-50900526
31-12-2014 31-07-2015 30-06-2015 31 d early 2015-24600544
31-12-2013 31-07-2014 20-05-2014 72 d early 2014-12700365

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 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-47k
Working capital€17k-73.2%
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 20-12-2024 with the NBB · fiscal year 2023 · micro
€-60k€-40k€-20k€0€20kOperating result 2019: €3k€3kNet result 2019: €2k€2kOperating result 2020: €4k€4kNet result 2020: €2k€2kOperating result 2021: €24k€24kNet result 2021: €18k€18kOperating result 2022: €6k€6kNet result 2022: €3k€3kOperating result 2023: €-44k€-44kNet result 2023: €-47k€-47k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 46.6% 38.7%
better than 60% of 9099 sector peers
Net result €-47k €12k
better than 5% of 9084 sector peers
Equity €18k €30k
better than 35% of 9105 sector peers
Gross operating margin €-42k €33k
better than 5% of 9074 sector peers
Total assets €39k €89k
better than 21% of 9100 sector peers
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).
Solvency P60
2020: P85 · n=16332021: P93 · n=35492022: P91 · n=65332023: P60 · n=90992020 2023
Weakening position over 2020-2023 · n=1633-9099
Net result P5
2020: P33 · n=16262021: P64 · n=35402022: P26 · n=65182023: P5 · n=90842020 2023
Weakening position over 2020-2023 · n=1626-9084
Equity P35
2020: P52 · n=16352021: P75 · n=35522022: P78 · n=65392023: P35 · n=91052020 2023
Stable position over 2020-2023 · n=1635-9105
Gross operating margin P5
2020: P16 · n=16242021: P52 · n=35402022: P18 · n=65122023: P5 · n=90742020 2023
Weakening position over 2020-2023 · n=1624-9074
Describes the position versus peers, not a forecast.
EBITDA
€-43k
- 18-23
Net profit
€-47k
- 18-23
Cash flow
€-46k
- 18-23
Total assets
€39k
-54.7% 18-23
Equity
€18k
-72.2% 18-23
Working capital
€17k
-73.2% 18-23
Staff costs
€202
- 18-23
Income taxes
€2k
-15.9% 18-23
Debt
€21k
+0.8% 18-23
Debt ≤ 1y
€21k
+0.8% 18-23
Current ratio
1.81
-55.3% 18-23
Quick ratio
1.81
-55.3% 18-23
Solvency
46.6%
-38.7% 18-23
Debt / equity
1.15
+263.0% 18-23
ROE
-260.3%
- 18-23
ROA
-121.3%
- 18-23
Interest coverage
-50.58
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€-43k
Net profit€-47k
Cash flow€-46k
Staff costs-
Income taxes€2k
Dividends-
Total assets€39k
Equity€18k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€17k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.81
Quick ratio1.81
Working capital ratio43.5%
Solvency46.6%
Debt / equity1.15
Long-term debt ratio-
Interest coverage-50.58
Gross margin-
Net margin-
ROA-121.3%
ROE-260.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€39k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Financial fixed assets 28€150
Current assets 29/58€37k
Amounts receivable within one year 40/41€37k
Cash & bank 54/58€737
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€39k
Equity 10/15€18k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-2k
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€-42k
Operating result 9901€-44k
Financial charges 65€843
Result before taxes 9903€-44k
Income taxes 67/77€2k
Net result for the period 9904€-47k
Result to be appropriated 9905€-47k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
0 / 100 Critical
050100
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 from Kantoor S.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

6 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator JACQUELINE MEUNIER
Rue Ruisseau des Forges 7, 5620 FLORENNES- . 26327 MONITEUR BELGE — 12.02.2025 — BELGISCH STAATSBLAD
06-02-2025 → present Belgian State Gazette

Legal Structure

NACE primary Dakwerkzaamheden(43410)
Legal form Private limited company(610)
Incorporation08-08-2005
StatusActive
Postal code5650
First BS signal 12-02-2025
Latest BS signal 12-02-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
GCV TOITURES ET ENTRETIENS
Rue du Tivoli(Wal) 34, 5650 Walcourthandelsbemiddeling in elektrische en elektronisch materiaal, inclusief installatiemateriaal voor industrieel gebruik
since 20052.148.505.458
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,564 m²
Buildings1
Building footprint197 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93088E0130/00V000 Wallonia 1,564 m² 1 · 197 m² -
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

1 event from the State Gazette
12-02-2025
Bankruptcy Opening
Date: 06-02-2025 · Tribunal de l’entreprise de Liège, division Namur · A.C. CONSTRUCTION SRL RUE DU TIVOLI 34, 5650 WALCOURT · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-02-12 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency88Growth32Stability0
24 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 88
Growth 32
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Dakwerkzaamheden43410Dakwerkzaamheden43910
Primary activity highlighted.
Names & trade names
Legal nameFR A.C. Construction
Registered office
Rue du Tivoli(Wal) 34
5650 Walcourt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.