Equity
Equity fell by 69% in 11 years.
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Equity fell by 69% in 11 years.
From profit to loss in 2025, after a profit of €106,220 in 2024.
Of this, €9.1m falls due within a year.
Between 2007 and 2025, 53% of the full-time equivalents disappeared.
Five of the last ten came late. The 2019 accounts came latest: 60 days after the end of the period.
Lower net result than 95% of companies in construction of buildings. Sector median €32,165 · 1,040 companies.
In July 2024, 1,608 companies had the same profile as A C H CONSTRUCT has now. Each dot stands for 5 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,608 companies, not a prediction for A C H CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| A C H CONSTRUCT Les Bons Villers | €27.4m | -8.7% | 10.2% | 56.7 |
| ENTREPRISES PIRLOT JACQUES Châtelet | €20.5m | 2.1% | 42.0% | 44.8 |
| BOUWWERKEN DE RAEDT IVAN Zele | €29.9m | 15.2% | 61.5% | 48.6 |
| BOUWBEDRIJF VAN POPPEL Mechelen | €18.4m | 1.1% | 12.8% | 63.1 |
| SNOECK GEBROEDERS Wielsbeke | €23.7m | 0.3% | 37.3% | 63.3 |
| DE PEUTER Herentals | €19.6m | 1.0% | 21.1% | 55 |
| FRANSEN BOUWONDERNEMING Oud-Turnhout | €29.5m | 10.3% | 45.2% | 41.2 |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as A C H CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €8.9m and €16m, founded between 1992 and 2001.
A C H CONSTRUCT has existed since 2000. Turnover fell from €30.1m in 2008 to €1.8m in 2010.
Solvency fell in 2025 from 25.7% to 10.2% because of the loss.
A.C.H. BUILD holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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