A.C.L. POLYESTER
ActiveSummary
A.C.L. POLYESTER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €796,147 and a net result of €58,217. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 34% of 159 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-19
Solvency56▲+15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.99 in 2024; short-term debt: 51.9% and cash: 6.7% of total assets), and 69% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31%
Return on assets
2.3%
Age of the figures
9 mo
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €796,147
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
111 d early
2023
11 d late
2022
3 d early
2020
84 d early
2019
4 d early
2018
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€796,147▲ 7.9%
2024 · €737,930
Total assets
€2.6m▼ 44.5%
2024 · €4.6m
Net result
€58,217▼ 66.4%
2024 · €173,396
Working capital
€373,142
2024 · -€20,623
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€0.2m▼ 32.9%€0.8m-€0.2m▼ 69.6%€0.3m▲ 39.8%€0.2m▼ 48.4%
Net result€0.2mwithin the sector's middle half▼ 25.8%€0.8mabove the sector's middle half-€0.09mwithin the sector's middle half▼ 87.9%€0.2mwithin the sector's middle half▲ 85.2%€0.06mwithin the sector's middle half▼ 66.4%
Equity€0.5mwithin the sector's middle half▼ 44.4%€0.5mwithin the sector's middle half-€0.6mwithin the sector's middle half▲ 19.9%€0.7mwithin the sector's middle half▲ 30.7%€0.8mwithin the sector's middle half▲ 7.9%
Total assets€1.2mwithin the sector's middle half▲ 6.3%€4.7mabove the sector's middle half-€4.8mabove the sector's middle half▲ 2.3%€4.6mabove the sector's middle half▼ 3.2%€2.6mwithin the sector's middle half▼ 44.5%
Debt€0.7m▲ 145%€4.2m-€4.2m▲ 0.3%€3.9m▼ 7.7%€1.8m▼ 54.4%
Working capital€0.4mwithin the sector's middle half▼ 46.3%€0.4mwithin the sector's middle half--€0.1mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 86.0%€0.4mwithin the sector's middle half
Solvency38.4%within the sector's middle half▼ 34.9pp10.1%below the sector's middle half-11.8%below the sector's middle half▲ 1.7pp15.9%below the sector's middle half▲ 4.1pp31.0%within the sector's middle half▲ 15.0pp
Current ratio1.56within the sector's middle half▼ 1.981.30within the sector's middle half-0.91below the sector's middle half▼ 0.400.99below the sector's middle half▲ 0.081.28within the sector's middle half▲ 0.29
Return on assets (ROA)13.5%above the sector's middle half▼ 5.8pp16.5%above the sector's middle half-2.0%within the sector's middle half▼ 14.6pp3.7%within the sector's middle half▲ 1.8pp2.3%within the sector's middle half▼ 1.5pp
Staff (FTE)5within the sector's middle half▼ 23.1%5within the sector's middle half-4.7within the sector's middle half▼ 6.0%6.3within the sector's middle half▲ 34.0%6.1within the sector's middle half▼ 3.2%
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2025 Net result -66% on 2024. This fiscal year ran 13 months, the previous one 12.
- 2023 Net result -88% on 2022. The previous fiscal year ran 23 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€864,002 ▼ 72.8%
Current assets
€1.7m ▲ 17.6%
Equity and liabilities €2.6m
Equity
€796,147 ▲ 7.9%
Debt
€1.8m ▼ 54.4%
Debt's share of the balance-sheet total falls from 84.1% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€277,539▼
2024 · €579,724
Cash flow
€161,181▼
2024 · €414,934
Quick ratio
1.10▲
2024 · 0.83
Debt to equity
2.23▼
2024 · 5.28
ROE
7.3%▼
2024 · 23.5%
Interest coverage
2.79▼
2024 · 4.93
Debt ≤ 1 year
€1.3m▼
2024 · €1.5m
Debt > 1 year
€424,225▼
2024 · €2.4m
Income taxes
€20,774▼
2024 · €64,590
Staff costs
€290,264▲
2024 · €276,451
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €0.5m | €0.3m | €0.3m | €0.3m | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.01m | €0.006m | €0.2m | €0.2m | €0.1m | ▼ 57.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €0.03m | €0.005m | €0.04m | €0.04m | ▲ 16.5% |
| Non-recurring operating charges66A | - | €0.02m | €63 | €0 | - | - |
| Gross operating margin9900 | €0.4m | €1.3m | €0.7m | €0.9m | €0.6m | ▼ 31.7% |
| Operating profit (loss)9901 | €0.2m | €0.8m | €0.2m | €0.3m | €0.2m | ▼ 48.4% |
| Financial income75/76B | - | €0.02m | €0.01m | €0.02m | €0.004m | ▼ 77.9% |
| Recurring financial income75 | €0.003m | €0.02m | €0.01m | €0.02m | €0.004m | ▼ 77.9% |
| Financial charges65/66B | - | €0.02m | €0.1m | €0.1m | €0.1m | ▼ 15.5% |
| Recurring financial charges65 | €0.001m | €0.02m | €0.1m | €0.1m | €0.1m | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.8m | €0.1m | €0.2m | €0.08m | ▼ 66.8% |
| Income taxes67/77 | €0.02m | €0.02m | €0.04m | €0.06m | €0.02m | ▼ 67.8% |
| Profit (loss) for the period9904 | €0.2m | €0.8m | €0.09m | €0.2m | €0.06m | ▼ 66.4% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.8m | €0.09m | €0.2m | €0.06m | ▼ 66.4% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €4.7m | €4.8m | €4.6m | €2.6m | ▼ 44.5% |
| Fixed assets21/28 | €0.05m | €2.9m | €3.3m | €3.2m | €0.9m | ▼ 72.8% |
| Intangible fixed assets21 | €0.001m | €45 | €0 | - | €0.002m | - |
| Tangible fixed assets22/27 | €0.03m | €2.8m | €3.3m | €3.2m | €0.9m | ▼ 72.9% |
| Plant, machinery and equipment23 | - | €110 | €0.004m | €0.003m | €0.02m | ▲ 608% |
| Furniture and vehicles24 | - | €15 | €0.007m | €0.009m | €0.1m | ▲ 1,195% |
| Leasing and similar rights25 | - | €2.7m | €2.6m | €2.4m | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €0.1m | €0.8m | €0.8m | €0.7m | ▼ 7.8% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.1m | €1.8m | €1.4m | €1.5m | €1.7m | ▲ 17.6% |
| Stocks and contracts in progress3 | €0.04m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 2.1% |
| Stocks30/36 | - | €0.04m | €0.08m | €0.06m | €0.06m | ▼ 0.3% |
| Contracts in progress37 | - | €0.08m | €0.09m | €0.2m | €0.2m | ▲ 2.8% |
| Amounts receivable within one year40/41 | €0.7m | €1.3m | €1.2m | €1.1m | €1.3m | ▲ 19.7% |
| Trade receivables40 | - | €1.0m | €1.1m | €1.0m | €1.2m | ▲ 17.0% |
| Other amounts receivable41 | - | €0.3m | €0.1m | €0.05m | €0.08m | ▲ 81.1% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.04m | €0.1m | €0.2m | ▲ 78.2% |
| Deferred charges and accrued income490/1 | - | €0.006m | €0.06m | €0.06m | €0.03m | ▼ 53.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €4.7m | €4.8m | €4.6m | €2.6m | ▼ 44.5% |
| Equity10/15 | €0.5m | €0.5m | €0.6m | €0.7m | €0.8m | ▲ 7.9% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.4m | €0.5m | €0.5m | €0.7m | €0.8m | ▲ 8.1% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €0.08m | €0.08m | €96 | €96 | = |
| Distributable reserves133 | - | €0.4m | €0.5m | €0.7m | €0.8m | ▲ 8.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €0.7m | €4.2m | €4.2m | €3.9m | €1.8m | ▼ 54.4% |
| Amounts payable after more than one year17 | - | €2.8m | €2.6m | €2.4m | €0.4m | ▼ 82.4% |
| Financial debts170/4 | - | €2.8m | €2.6m | €2.4m | €0.4m | ▼ 82.4% |
| Amounts payable within one year42/48 | €0.7m | €1.4m | €1.6m | €1.5m | €1.3m | ▼ 9.4% |
| Current portion of amounts payable after more than one year42 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.7% |
| Financial debts43 | - | - | - | €0.2m | €0.4m | ▲ 65.4% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.4m | ▲ 65.4% |
| Trade debts44 | €0.2m | €0.3m | €1.1m | €0.9m | €0.5m | ▼ 44.1% |
| Suppliers440/4 | - | €0.3m | €1.1m | €0.9m | €0.5m | ▼ 44.1% |
| Advances received on contracts in progress46 | - | - | €0.03m | €167 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €0.1m | €0.08m | €0.08m | €0.04m | ▼ 46.6% |
| Taxes450/3 | - | €0.06m | €0.05m | €0.04m | €0.02m | ▼ 38.3% |
| Remuneration and social security454/9 | - | €0.08m | €0.03m | €0.05m | €0.02m | ▼ 53.1% |
| Other amounts payable47/48 | - | €0.8m | €0.2m | €0.06m | €0.2m | ▲ 266% |
| Accrued charges and deferred income492/3 | - | €0.001m | €0.006m | €0.01m | €0.02m | ▲ 65.7% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.8m | €0.09m | €0.2m | €0.06m | ▼ 66.4% |
| + Depreciation and write-downs630 | €0.01m | €0.006m | €0.2m | €0.2m | €0.1m | ▼ 57.4% |
| Operating cash flow (approximation) | €0.2m | €0.8m | €0.3m | €0.4m | €0.2m | ▼ 61.2% |
| Investment in fixed assets (approximation) | - | - | -€0.7m | -€0.07m | €2.2m | ▲ 3,105% |
| Change in cash | - | - | -€0.3m | €0.05m | €0.08m | ▲ 39.5% |
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €58,217 ▼66.4%
Net result drops to €58,217, the lowest in the series.
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 11 days late
2023
30-11
Financial
Equity above €500,000Eq €564,534 ▲19.9%
5 profitable years in a row build equity to €564,534.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Highest result since 2018net €772,984 ▲381%
Operating result €794,669, net result €772,984, both a record.
2021
08-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2013
Ground area
7,975 m²
Building footprint
3,750 m²
Volume, LiDAR
3 m³
Parcel 34016B0719/00A000, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
1 establishment unit
A.C.L. POLYESTER
since 2013unit no. 2.219.573.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0719/00A000 | Flanders | 7,975 m² | 1 · 3,750 m² | 2.5 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- MDVD
- A.C.L. POLYESTER
Highest known parent: MDVD. The sources do not say who stands above it.
Owners 1
- MDVDparentSourceaccounts MDVD 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 8 Gazette acts processed.
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Company details
Identification
Legal formPrivate limited company
Founded11-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
22260Manufacture of rubber and plastic products
Contact
E-mail
info@aclpolyester.comKortrijk
Phone
056/424855Kortrijk
Fax
056/426025Kortrijk
E-invoicing
Reachable via Peppol
Peppol ID
0208:0504983780
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.